...Business Plan 1-Up Pub 3614 Washtenaw Avenue Ann Arbor, MI 48104 Telephone: (724)555-1234 Fax: (724)555-5678 Presentation Date: December 15, 2014 Presented To: Frank Jefferies – Chief Loan Officer DFCU Financial 400 Town Center Drive Dearborn, MI 48126 Contents Executive Summary 3 Mission Statement 5 Company Description 5 Market Plan for 1-Up Pub 7 Products and Services 7 Market Analysis 7 The Competition 8 Target Market and Customer Profile 8 Pricing of Products and Services 9 Sales Promotions and Advertising 10 Selling Approach and Distribution Channels 10 Financial Plan 11 Operating Plan 12 Management Team 12 Organizational Chart 12 Facilities and Improvements 13 Employee Needs 14 Recruitment Strategy 15 Risk Management Plan 15 Appendix A - References 17 Appendix B – Opening Day Balance Sheet 18 Appendix C – First Year’s Expenses 20 Appendix D – Pricing 22 Executive Summary After a long, hard day at work most people have only what to relax and unwind. For some people this includes getting a drink, watch a sporting event on television, or perhaps play a game with friends. What if you could go to one place to do any of these things? Look no further than 1-Up Pub; a combination gaming center, pub, and coffee shop. Grab a drink, grab a game, and make some friends, or you can just relax and watch a local sporting event on one of our flat screen televisions. 1-Up Pub is a unique destination like none that have...
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...confidentiality and anonymity before interviewing them. Very good care is taken to maintain the confidentiality of the information they provided. Documents will be stored safely in a bank locker and they are accessed only by the researcher. Documents will be destroyed after 5 years. Data Collection The data were collected from 100 people of the United States of America, whose age will be 21-55. This age group is selected because generally this age group people are the ones who are directly or indirectly involved in setting-up their own small business. They are divided into two groups based on their gender 50 males and 50 females. Out of 100 people 50 are white, 20 are African American, 10 are Native American, 10 are Asian American, and 10 are Hispanic. Archive data will be acquired from the Small Business Administration (SBA). The Small Business Administration (SBA) is a United States government agency that provides support to entrepreneurs and small businesses. We can use...
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...Running Header: SMALL BUSINESS OPPORTUNITIES – EDUCATIONAL SERVICES Small Business Opportunities – Educational Services In APA Style School Name Here BUS 505 – Business Strategies and Proposals Professors name here May 20, 2011 INTRODUCTION The Fudge Education Center (FEC) is a woman owned small business located in Charleston, SC, that provides educational support services to both military and civilians that qualify based on a financial need. FEC is currently seeking opportunities under North American Industry Classification System (NAICS) code 611710 and 611430 – for Educational Services. These services will support military and civilians in areas such as study sessions, test preparation, coaching, educational development, job training, to include resume writing, interviewing skills and job placement. The criteria for qualifying to participate in FEC’s program will be based on household income per family. For example, a family of three earning no more than $25,000 per year will qualify to participate in these programs based on a financial need. However, a family of three earning $50,000 or more will not qualify to participate in the FEC program as they do not demonstrate a financial need based on household income. FEC is in the process of seeking contracting opportunities within the small business. We are currently researching our options to see which social economic small business category will best fit FEC’s small business status. FEC’s ideal...
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...Unit Title |Starting a Small Business | Criteria Partially Covered |P4 M3 | | | |P4 – describe the legal and financial aspects that will affect the start up of the business | | | |M3 - M3 assess the implications of legal and financial aspects that will affect the start up of the business. | | | Task Introduction |You have been preparing a business proposal to show to your bank manager. The final part of your proposal will cover legal | |aspects of your business start up. | Legal aspects: legal status eg sole trader, partnership, limited company, franchise, cooperative; legal liabilities; trading terms and conditions; trading standards; licences; record keeping; resolving problems; national/local laws; regulations and bylaws;...
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...GM520 1) The administrative agency which I choose is the Small Business Administration (SBA). The reason why this agency and the proposed regulation interest me is because I have worked for the Social Security Corporation in the businesses development department where I worked on micro projects and small businesses. The way this regulation that has been proposed may affect me is by enhancing my experience in small businesses. 2) The proposed rule made by the Small Business Administration is on the size standards of small businesses of some 35 industries of the North American Industry Classification System, NAICS, and other services. The regulation proposes an increase in the size standard of the relevant small businesses. The regulation also proposes an eight-size-standard-level methodology. 3) In my public comment I would propose that the regulation should not be limited to the increase of size standards but it has to examine the quantity standard, which means to add more industries to be included in these small businesses. 4) The deadline for the comments on the regulation was June 15, 2011 5) (a) I could not submit my comments because the deadline was past due. (b) Although I am in favor of the proposed regulation, these are the five legal theories I could use to overturn the regulation in court: 1- Arbitrary and capricious. The agency has to show evidence that supports their proposal and they must explain this evidence to prove the rational connection...
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...The purpose of this document is to request approval to complete a research proposal which seeks to determine which small business resources offer value to Electronic Document Management, Inc. The primary areas of concern are in regards to: improving the company's ability to network with larger companies, improving the company's finances, and determining the technological needs of the company. The objective of the research is to assist to ensure the long-term success of the company, and also to ensure the company has the technology available to comply with the policies present in the financial and healthcare sectors. PROBLEM Electronic Document Management, Inc. may not be utilizing all of the small business resources available to the company. Relevant to professional business networking, Electronic Document Management, Inc. has recently experienced difficulties establishing new working contracts with larger companies. In regards to the finances of Electronic Document Management, Inc., the company was recently rejected for a commercial loan application. The company also recently expanded to a second office location. The recent expansion of renting out a second office location imposes additional constraints to the daily and monthly budgets, and therefore operating under this current business model may not be sustainable over a long-term period of time. In regards to technological capabilities, the company does not have any electronic billing system in place...
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...Student ID :- 150111 1. Company Introduction 2. Proposal of your business 3.Business objective 4.Market Strategies 5.Competitive Analysis 6. Management Summary 1. Company Introduction: - Restaurant Business Plan The Gabi’s Lounge & Restaurant Sector in Australia contracted by 1.6% this year, largely due to the economic slowdown experienced globally. Forecasts for the next five years suggest a return to growth at approximately 3% annually as disposable income levels increase and the economy improves. Control cost and quality Maximize capacity (covers) Occupy a clear market position Adhere to government regulations Find and keep experienced staff (front and back-house) Drive repeat business. 2. Proposal of your business: - Types of Proposals There are three distinct categories of business proposals: Formally Solicited Informally Solicited Unsolicited Formally Solicited Proposal Solicited proposals are written in response to published requirements, contained in a Request for Proposal (RFP), Request for Quotation (RFQ), Invitation For Bid (IFB), or an Request for Information (RFI). Request for Proposal (RFP) RFPs provide detailed specifications of what the customer wants to buy and sometimes include directions for preparing the proposal, as well as evaluation criteria the customer will use to evaluate offers. Customers issue RFPs when their needs cannot be met with generally available products or services...
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...well-established aspect of all industries and businesses. Vendors usually present a proposal that must meet specific requirements needed by the buyer. These specifications are called Request For Proposal (RFP) or Request For Quote (RFQ). As a routine, sellers present their bids in a written format after discussing all aspects of the specifications with the buyer. It is important to note that when the purchasing is done from women-owned or minority-owned firms, a stricter more complicated process is involved since more qualifications asked of them. The same applies to small-businesses. Small businesses that use competitive bidding usually have prior experience of the process. However, if they small business lacks the proper and prior experience, it may have to educate itself with culture ad nature of competitive bidding. To help with such need, the US Small Business Administration (SBA) provides excellent learning resources for these small businesses in order to properly get involved in competitive bidding. There are major elements of this process that are important to both the buyer and the seller. From the point of view of the buyer, it is always important to identify the right supplier who has prior experience and full resources needed to meet the requirement of the bid. Some examples of experience involve qualifications, prior achievements, responsiveness, and of course cost. Since evaluating a proposal is time-consuming, buyers usually require bidders to go through formal qualification...
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...to direct purchases made by the government, but also to purchases made by federal grant recipients (Feldman, 2010). The government procurement team is made up of the Contracting Officer (CO), Administrative Contracting Officer (ACO), and Termination Contracting Officer (TCO). The government planning process consists of market research and an internal source search before they proceed with full and open competition which allows all responsible sources to submit either a sealed bid or competitive proposal on the procurement. The market research consists of availability and quantities of items, and reasonable prices. Internal sources include existing inventory, excess from other agencies, and federal prisons (Feldman, 2010). Feldman (2010) states that sealed bidding and competitive negotiation are the government’s predominant procurement methods. In sealed bidding there is an Invitation for Bid (IFB); in competitive bidding the government generally issues a Request for Proposal (RFP). Price reasonableness and source selection must be proved on all federal procurements. Congress did exempt certain...
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...Case Analyses- Request for Proposal The Request for proposals (RFPs) is used in negotiated acquisitions for the procurement of supplies and services (research and development (R&D), construction and commercial items), by the contracting officer issuing a solicitation to communicate the government needs to prospective contractors. The policies and procedures that govern RFPs vary between the procurement of commercial items and construction. The purpose of this paper is to compare the two RFPs and identify the differences. The Federal Acquisition Regulation (FAR) requires commercial items acquisitions exceeding $5.5 million to be solicited using the RFPs contract method and solicitations is prepared using the standard form (SF) 1449. The commercial items RFP used in this comparison was issued by the Department of Veteran Affairs (DVA). The requirement is to provide inscription for blank marble niche covers for Arlington National Cemetery. The acquisition is being set-aside for service-disabled veteran-owned small business (SDVOSB). The period of performance is for a base period and four option years. The option clause to extend the term of the contract is included. The option clause does not obligate the government to exercise the option years. The government may exercise an option by providing the contractor with a written notice within the time specified in the contract. The solicitation states that prospective contractors must provide an all-inclusive unit price. The...
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...ECO 561 WEEK 4 APPLE IPHONE BUSINESS PROPOSAL A+ Graded Tutorial Available At: http://hwsoloutions.com/?product=eco-561-week-4-apple-iphone-business-proposal Visit Our website: http://hwsoloutions.com/ Product Description PRODUCT DESCRIPTION ECO 561 Week 4 Apple iPhone Business Proposal Apple iPhone Business Proposal Apple launched its first phone known as the iPhone in 2008; the phone is designed to target people who wanted and needed to communicate and store information. The phone is design to provide a wireless Internet connection, music, and talk into one. The features of this phone include a 3.5 touch screen without the aid of a keyboard, using more than one finger to control the phone, and shifting the screen to view in different modes. The market for the phone was small in 2008; but today the phone has taken over. In this paper I will present a business proposal for the iPhone addressing the market structure and the elasticity of demand for the phone. Market Structure The Apple smartphone is part of an Oligopoly market; an independent market and has its own behaviors strategies. According to McConnell, Brue, and Flynn (2009), “Oligopoly, in contrast, blends a large amount of monopoly power, a small amount of competition through entry, and considerable rivalry among industry firms” (p. 222). Because Apple’s smartphone industry and competition was small, it needs to take control of the market by differentiating the iPhone from others phone in its category...
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...1. The administrative agencies that control this regulation: The Department of Defense, the General Services Administration, and the National Aeronautics and Space Administration and subsequently, the Small Business Administration. This regulation would affect me as a small business owner because it would change the way all levels of government do business with privately -held small businesses, such as mine. 2. This is a proposal to amend the Federal Acquisition Regulation (FAR) to include government-wide, standardized past performance evaluation factors and ratings categories, and that this past performance information be entered into the Contractor Performance Assessment Reporting System (CPARS). 3. My comment: While I concur that the FAR should be amended in this way, I believe that the current proposal is too vague to be effective. Standardizations tend to group things into categories that are either “black” or “white”, causing a great injustice to those who would only fit in areas of “gray”. Therefore, I suggest a thorough investigation into the actual effects that the proposal would have on all businesses- large and small, experienced and novel, old and new, etc. I also believe this proposal should not be enacted until real evidence, showing complete equality and fairness among all businesses, is presented to and reviewed by the public. 4. This expires on November 5, 2012 5. A. Based on the Administrative Procedure Act of 1946, if I choose, I would...
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...Managing your Major Sales - 7 Steps that could change your Business Mike Wilkinson of Axia Value Solutions looks at ways of improving performance, lowering costs and building profitability Ever lost a sale you thought was in the bag? Not an unfamiliar feeling for many businesses large and small. No matter how good you think your product or service is, everything finally boils down to your ability to convince others that it is good for them. It is all about getting the decision makers who matter to say "Yes". In major sales the whole approach is fundamentally different to small scale selling and requires a very different set of skills and techniques. Being competent in the small, simple sale is no guarantee of success in larger scale selling. The traditional techniques and "tricks of the trade" such as closing don't seem to work in quite the same way in the more complex large scale sale. They are replaced by precise planning, information gathering and behavioural skills that build trust in the minds of the decision makers. Fundamental to this is the development of a detailed understanding of how decisions are made in your target customer and who the key players are. So what constitutes a major sale? For most businesses they have a number of characteristics: 1. A lengthy sales cycle. This can vary from a few days to a few months or more depending on the industry. 2. Multiple decision makers. Any decision becomes complex as soon as more than one person is involved in making it...
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...a & a RECORD SALES | Information Systems Proposal | A GUIDE TO HELP CHOSE WHAT IS BEST FOR YOUR BUSINESS | | Altrena Hall | 6/20/2013 | Information Systems Proposal Altrena Hall BIS/2202 JUNE 1, 2013 Mamoud Elsayess (PMP, MBA, MCS) Information Systems Proposal Table of Contents [ 1. INTRODUCTION. ] Introduction to proposal 2. TABLE Table of Information Systems (Includes: how it works, and images) 3. BENEFITS OF INFORMATIONS SYSTEMS 4. DRAWBACKS OF INFORMATION SYSTEMS 5. CONCLUSIONS INTODUCTION A business partner and I are considering a small business, this business is a small brick and motar nostalgic record store. Since my partner is not proficient on how to run a small business that includes information systems or technology. An understanding is needed about each information system. Also included in this proposal are the benefits and drawbacks of each information system. TYPES OF INFORMATION SYSTEMS | HOW THIS INFORMATION SYSTEMS WORKS | IMAGES | | OFFICE INFORMATION SYSTEMS | This system uses things such as hardware, software, and networks to increase workflow, and help employees communicate with each other. Today an example we might use is the emailing system. | | | TRANSACTION PROCESSING SYSTEM | This information system is used to generate data and process day to day transactions such as deposits payments or other forms of monetary compensation. | | | MANAGEMENT INFORMATION SYSTEM | Management information...
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...com PROPOSAL Microsoft Office Programs Training January 16, 2012 Prepared For John Doe, General Manager Software Training Referral Prepared By Joseph Goodrum, Owner SportinShirts Description: SportinShirts is in need of a training company, or experienced trainers to train current employees in the Microsoft Office Suite including, but not limited to Word, Excel, PowerPoint, Access and Outlook. The company currently does not staff anyone proficient in these programs. SportinShirts feels in training our staff to be proficient with the Microsoft Office Suite, the company will create efficiencies in our marketing and sales, billing, production, and administrative departments, so that we can provide better service to customers. Proposal Number: 22-1995 Table of Contents Company Introduction 3 About SportinShirts 3 SportinShirts business goals 3 Project Introduction 4 Project goals 4 Timeframe for project 4 Budget for project 4 Training needed 4 Admin Information 5 Desired qualifications 5 Requirements for formatting/submitting proposals 5 Confidentiality notice 5 Reference requirements 5 Contact Information 5 Deadline for proposal submission 5 Timeframe for vendor selection 5 Selection criteria 5 Company Introduction About SportinShirts SportinShirts is an established screen printing business based out...
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