RevPages

Busness

by Umair Qadeer Best of the Best
Over 100,000 businesses are started in Ontario each year with youth entering the marketplace at three times the rate of entrepreneurs over 45. Almost a third of Canadas youth-owned enterprises are lo
Recommended Features
  • Student planner.
  • Student markting.
  • Future life in students.
  • Student ideas,
  • An ideal student.
Learn more about Busness»

Review on Busness

:BUSINESS PLAN QUESTIONS:
The business plan is a tool designed to help you find and explore opportunities. It also provides you with a way to analyze potential opportunities continuously. A business plan is personal and should never be "canned" or prepared professionally by others. No one knows you or your ideas better than you do. It is the process of seeking the answers to important questions about your enterprise that are important as you try to realize the dream of owning your own business.

Use the following questions to make decision about a business idea of your choice. Be sure to write out your answers...to remember your decisions and build on them.

1- How can you describe the business...in only one paragraph please?

2- What is your product, or service?

3- Who will buy it?

4- Where should you locate the business?

5= How can you attract customers?

6= What is your competition?

7-How much should you charge for the products or service?

8-What advice do you need and who can provide it?

9-How will you organize the managers and/or workers of the business?

10-How will you split the profits? Who is responsible for the losses?

11-What should you consider to be able to produce the product and get it to the customer?

12-How much money is needed to get the business started?

13-How many customers will you have per month and how much will they buy per month?

14-How much does it cost to make the product or provide the service?

15-What are your operating costs? (Include your own salary)

16-How much money will your business earn each month by selling your product or service?

17-How much investment will you need to keep the business going until you make a profit?

18-What is your potential profit per year for Year I, Year II, and Year III?

19-How much money do you need to borrow to start this business?

20-How will you make the business grow in the future?

There are other questions you might ask depending on the type of business you have in mind. There are many different formats for a business plan based on what you need for the business of your choice. The point is to start asking yourself questions and then looking for the answers.

Are you having trouble getting started? Perhaps you should interview a local business owner about these decisions in relation to the startup of that business. Write down the answers and discuss them with other students to decide how you would have started such a business.

Related to Busness

Student Essays Reflect on "One World" Issues


From VOA Learning English, this is the Education Report. One World Education is a group with a program in which teachers develop teaching materials based on ...

Related Articles

Why Essay Writing Is Important For the Student

Dissertation producing continues to be being among the toughest and challenging tasks which the amazing involving better technology offers however to generate much easier intended for man. E...

I'm writing a special report

It should be ready before the end of the week.I will have an affiliate program, so anyone will be able to join and become one of my affiliates.What is the subject of my special report ?Top secret for ...

The common obstacles which a student has to face while assignment writing

Why do the students dislike assignments? Have you ever thought about it? ‘Assignment’ is a familiar term among college students. No one can escape from the college assignments as it is the compulso...

It feels good to be the first student to be placed”, says Sakshi Vats, 2nd year ...

Students at the Kirloskar Institute of Advanced Management Studies (KIAMS) are winners in every way. Sakshi Vats, a second year PGDM (Finance and Marketing) student from batch 14, is one such disti...

Student Loan - Student Finance in England

As you absorb this article, bethink that the blow of it contains admired admonition accompanying to Federal Apprentice Loans and in some way accompanying to apprentice accommodation for acceptan...

Related Resources

Support materials for New Student Report Cards

www.education.vic.gov.au/studentlearning/studentreports/ Department of Education. Writing Guide. for. Student Report Cards. Office of Learning and Teaching ...

GUIDELINES FOR WRITING THE STUDENT REPORT deadline ...

GUIDELINES FOR WRITING THE STUDENT REPORT. Name of the University: Stellenbosch University. Names of the students: Monica Paulsen and Marthe ...

Write Source - Student Models

Student Writing Models ... Often, we receive student writing samples that are too long for our handbooks or ... Research Writing (3); Classroom Report: Cheetahs ...

Teachers Report Assistant - FREE time saving utility for teachers

Free time saving software for teachers who word process student reports. ... what must be millions of) teachers congratulating you on your school report writer.

ME Student Writing Guide - Lab Report.1.5 - Department of ...

The manuscript has been written three times, and each rewriting has discovered errors. Many must still remain; the improvement of the part is sacrificed to the ...

Sponsor Ads


About Umair Qadeer Senior   Best of the Best

246 connections, 1 recommendations, 574 honor points.
Joined APSense since, December 16th, 2011, From pakistan, Pakistan.

Created on Apr 18th 2013 12:20. Viewed 907 times.

Comments

No comment, be the first to comment.
Please sign in before you comment.