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As a business owner, one of the most crucial documents you will need to create is a business plan.

This document outlines your company's goals, strategies, and projections for the future. It is essential
for securing funding, attracting investors, and guiding your business towards success. However,
writing a business plan can be a daunting and time-consuming task.

That is why we recommend using a professional business plan template, such as the one provided by
GCSE Business Studies. This template is specifically designed for students studying business, but it
can also be used by entrepreneurs and small business owners.

The Difficulty of Writing a Business Plan


Writing a business plan requires a significant amount of research, analysis, and strategic thinking. You
need to thoroughly understand your target market, competition, and financial projections. This can
be overwhelming, especially for those who are new to the business world.

Moreover, a business plan needs to be well-organized and visually appealing. It should effectively
communicate your ideas and convince potential investors or lenders that your business has potential
for success. This requires excellent writing skills and attention to detail.

Why Use a Business Plan Template?


A business plan template, such as the one provided by GCSE Business Studies, can save you time
and effort. It is a pre-made document that includes all the necessary sections and information
needed for a comprehensive business plan. You can simply fill in the blanks and customize it to fit
your specific business needs.

Using a template also ensures that your business plan follows a professional and organized structure.
This makes it easier for potential investors or lenders to understand and evaluate your business.

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I will not require employees as I would be able to get all the work done myself so this is a save on a
large cost. In particular, it is significant to know the level of sales necessary to avoid any loss. To
prevent unexpected proprietary issues in the future, our company needs to gain the copyrights of our
product’s design, the company name, logo and the brand name of the toothbrush. If I were to do so I
can then rotate shifts between me and my partner giving me much more free time but I would have
to split the costs with them. The cap covers the toothbrush head to protect and keep it clean and
sanitary. The end of the handle has specially designed gears so that the toothpaste tube can be
twisted into or off the handle easily. These factors play a key role in enriching the spiritual life of
our workers, which can help enhance their productivity in work life. We will be selling many product
including ice cream. “Come On” also selling smile and friendly services for free to customers. I listen
to advice, this is important as getting advice from customers or anyone can help as it is important to
get and outside view as it helps to put certain things in prospective and come up with new better
ideas to draw in customers. Finally I will be looking at the what I will need to start up my business, I
already know I will be needing a loan as I will not have enough capital to start up my business but I
don’t not know how much I will need. There are three different forms of advertising, firstly direct
advertising and direct selling. Nilupak usually famous to some millennials nowadays so we want
them to know that there is nilupak that is good for them. We will also put up an advertisement on the
advertising pages of Tuoi Tre Newspaper, the most popular newspaper in Ho Chi Minh City. On a
day when it rains I have only a few customers if the rain persists throughout the day, this leads in to
a very low income for that day. Ideal for new teachers or those looking for new ideas etc. And I
want to set a tuck shop in the boarding house which is near the school and what I have to do is get
the tuck shop started. Write a review Update existing review Submit review Cancel It's good to leave
some feedback. The assessment is a short test using the new specifications exam style questions to
get the students used to the type of questions they will be assessed on in the exam. It is also
forecasted by Euromonitor International that by 2010, more than 2 million Vietnamese people will go
on traveling tours, three times higher than in 2005. I will also briefly look at how external and
internal factors can affect my business in way I can and can’t control. According to the investigation
done by the Ministry of Social Labor, Invalids, the unemployment rate of Ho Chi Minh City in 2005
was 5.9% ( Source: ). Therefore, the number of employed people within the 23 to 60 years old in Ho
Chi Minh City can be estimated at roughly 3,225,454 people. Our convenient “2 in 1” toothbrush
can save them from having to bring along a separate toothbrush and toothpaste, thus providing them
with greater convenience and comfort to do oral hygiene at work. Therefore, it is imperative that our
company establish sound criteria to evaluate different prospective suppliers and select the ones that
are most compatible with our policies. Specific objectives: It includes three sub-objectives These sub-
objectives are as follows- a) Knowledge objectives: Students will be able to get knowledge about the
specific topic. Questioning, summarizing, comparing, presenting the previous learning, assigning
work, administering a short quiz, etc. Without family to support me in times of difficulty I will have
server problems and no one to help me though. Reviews Select overall rating (no rating) Your rating
is required to reflect your happiness. He is also familiar with out-of-the-box thinking which is crucial
for innovations and new product design process. However, we also encourage our customers to pay
earlier to be entitled to cash discounts of 1%-3% on total amount (which has been discussed in the
pricing section). Therefore, new products will be introduced to fit those customer groups.
In April the weather is good and children are back in school, May is about them time schools start
preparing for tests and in June it starts getting warm so people will be more likely to go to the beach
now. How long does it take for the customer to make a decision to buy. I will have this printed on all
carrier bags with the 19. He is well known in Ho Chi Minh City for his excellent academic
transcripts. In addition, by applying this structure, the management board can take control of the
operations of different departments easily. I will be linking my ideas to the self assessment which I
filled in the Planning section and my Skills and Talents section. Our advertising and promotion
efforts will be implemented using the four approaches we mentioned earlier. If my business was
successful and I opened a franchise of it then maybe I would advertise via the radio. This poses
certain difficulties for our company to draw customers away from current competitors. In addition,
the designs of toothbrush for children will vary in colors and images, which also widen this product
line. Therefore, this helps us secure a competitive edge over them as a new entrant. If you neeed a
title page, we shall provide it for free. Students must understand the subtle differences between the
two and customize the business plans. This phenomenal growth of the oral hygiene industry in
Vietnam is mainly attributable to the increasingly high level of consumption of toothpaste and
toothbrushes among Vietnamese citizens, which can be most satisfactorily explained by the
developing national economy. In the summer the net profit margin will be raised because there will
be an increase in demand for cooler eating products, a raise in sales means a raise in profits. The
business plan is viewed by everyone on the team. I must also consider the recourses I will need
which I have already discussed in the recourses section of Decision Time not only will I be needing I
must also keep track of when I must go to purchase more. They want to be healthy, look fit and
possess an attractive appearance. In the case of Ho Chi Minh City - Vietnam’s commercial centre,
this trend couldn’t be more obvious. Laws passed by the government can also cause a problem when
I wish to expand, laws may be put in place which could result in me having to spend more money to
be sure my business meet the requirements set by the government. You can browse these Economics
Lesson Plans For B.Ed and can also download the PDFs from the links given below. If I were to do
so I can then rotate shifts between me and my partner giving me much more free time but I would
have to split the costs with them. We will also set up a website to promote our company and
products. There are domestic cleaners, universities and school cleaners, office cleaners, hospital
cleaners, but there are also carpet cleaners, window floor cleaners. I get on well with other people
and this will be a key part as I will be around people all day and I will be needed employees so I
must be able to get along with them, I do not act rashly which will be important because I must wait
for the right time in which to buy new machines as well as if I will expand into something more or
not as I must know if it will bring more people to spend more money. Resources include starters,
PowerPoints, worksheets and activities. Therefore, Mr. Vu Nhat Tan is the most suitable candidate
for the position of General Manager. Western Philippines University Recommended for you 2
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mod6 ecologicalinteractions v2 Economics Lecture notes 100% (5) Comments Please sign in or
register to post comments. Manual toothbrushes are still the dominant product category in the
Vietnamese market as the price charged for power toothbrushes is quite exorbitant for Vietnamese
consumers in general. Also, explain the details of your advertising campaigns, funding sources, risks,
and profits as well.
This plan is prepared by the manager of the company to mange their work and a risk management
plan template can be. Our gross margin and operating margin are estimated at 63.92% and 17.78%,
respectively for the first year of operation. According to the investigation done by the Ministry of
Social Labor, Invalids, the unemployment rate of Ho Chi Minh City in 2005 was 5.9% ( Source: ).
Therefore, the number of employed people within the 23 to 60 years old in Ho Chi Minh City can be
estimated at roughly 3,225,454 people. Hope Cleaning Services will pay the cost of two uniforms
per person. Showed how entry and growth strategy will be achieved and other competitive
advantages you may have. When deciding the minimum amount of stock I will keep, again I will
have to wait till I know how much I am selling I would though like to make sure that me level of
stock isn’t below 60% of the scale of production so if I am selling 1200 per month then I would like
to make sure my stock level of stock never goes below 720 which would be 60% of the scale of
production for that month. Discuss the fundamental goals of your brand and how you plan on
accomplishing them. In the skills and talents section I looked at different skills and talents of mine
and how each could help me with a business. According to the Travel and Tourism Industry Report
by Euromonitor International, in 2005, total national local travelers took up around 20.5% of total
population, thus amounting to 17,039,580 people. From these ideas that I will list I will choose two
of them, I will then take these chosen ideas and with the Planning section, skills and talents and
brainstorming section write how they will affect my ideas. There are three types of advertising first is
informative this is just letting the public know of your product, secondly we have persuasive this is
used to try and persuade the public to buy your products and finally there is defensive this is done in
retaliation to another company’s advertisement. This is a PowerPoint with two slides that would be
printed double sided, flip on short edge. On account of that, people are developing increasing need
for convenience, which can enable them to better cope with the frantic pace of modern life. Reviews
Select overall rating (no rating) Your rating is required to reflect your happiness. I am always up to
date with my work, here it will involve making payments and replacing stock so as long as I am up
to date with all of this I should not have any problems that will cause difficulties to me. Here you
can also mention your competitors and their advertising campaigns. It is used in business industries,
offices, organization for complete their work easily. People’s income does play a part in this but I
believe that the price I set is one that is affordable by people of all income in the area in which I
intend to sell, so most in not all will be likely to afford my product. At the same time, we will focus
on applying attractive quantity and cash discounts to stimulate as many retailers and bulk buyers to
purchase from us as possible. During the beginning stages, the supervisor (owner) will be at every
site to help employees and to do quality inspection of their work. The market is very big as many
other business selling similar products are already established and running smoothly. In April the
weather is good and children are back in school, May is about them time schools start preparing for
tests and in June it starts getting warm so people will be more likely to go to the beach now. He is
well known in Ho Chi Minh City for his excellent academic transcripts. Write a review Update
existing review Submit review Cancel It's good to leave some feedback. From this point the pricing
strategy that will be Cost plus pricing, this is when the firm calculates and adds a percentage mark-
up to determine the price. The second type of ownership is a partnership which is when two or more
people own a business together; they make the decisions together and share the profits and risks.
There is only a little tuck shop which only sells several products with high prices. Reviews Select
overall rating (no rating) Your rating is required to reflect your happiness. Our customer service team
will review your report and will be in touch. ?1.00 (no rating) 0 reviews BUY NOW Save for later
?1.00 (no rating) 0 reviews BUY NOW Save for later Last updated 7 March 2022 Share this Share
through email Share through twitter Share through linkedin Share through facebook Share through
pinterest Adrian Weston 3.50 2 reviews Not the right resource. Moreover, the key management
personnel have strengths in communications in English, problem solving skills in business, managing
subordinates, conflict solving and teamwork skills.
I handed out 30 questionnaires so that my result will not affected by bias, where as If I only hand
out 10 questionnaires bias will be the problems for me in the questionnaires. The majority said 1.50 is
how much they would pay so this has helped me to decide that I will set my price to this as it what
they can afford. Information AI Chat Premium This is a Premium Document. Hope Cleaning
Services will provide adequate pay and additional employee benefits. Therefore, we need to protect
those assets by patenting them. I enjoy meeting new people and talking with them, this will help as I
will have to get along with new employees my customers and just talking with people you can get
ideas from them to help with the business. From the results of the questionnaire, 64% of respondents
said that keeping prices low is important (See Appendix 1.10). So from this point “Have A Break”
will decide on a suitable price by decreasing certain percent (But the price will be just a little lower)
to satisfy consumers needs and wants. Another objective of my business will be to ensure the
costumer is buying a product of a good quality this is needed to obtain customer satisfaction, this is
so I can be sure customers buy from me regularly as they will know I am selling a product of a good
quality which will allow me to cover all of my costs. Below I have the logo which I intend on using
for my company. We can also negotiate with these travel agencies to put our brochures and leaflets at
their place so that whenever a customer comes in to register for a tour, they will take notice of our
new product. To avoid this I can follow a schedule and focus on my work fully when it needs to be
done so as not to make mistakes while still leaving time for me to peruse with leisure activates. How
to make a Lesson plan A Lesson plan is a day-to-day, step-by-step approach to learning. I will also
be looking into Marketing which is the advertising of my product and deciding on a logo for my
company and what forms of advertising I plan on using and the reasons behind my choice, and the
advantages of it. Firms advertise for different reasons, they advertise in different places and they can
be either informative or persuasive. With an operating area of 1,000 m 2, we will pay about
608,000,000 VND (38,000 USD) to be allowed to use the land for 50 years. There are normally two
kinds of office workers: “Back office workers” (who constitute about 30% of all office workers) do
not generally engage in face-to-face interaction with visitors or customers; while “front office
workers” (who constitute about 60% ) are those who deal directly with customers and visitors in
person. So this gives me and idea on how much to charge, firstly I must find out the cost of my each
hot dog and after a few weeks of sales ill see if I will be making enough to cover my costs if not I
will have to raise my price or lower production cost of my product, without sacrificing the quality.
Such areas can be those in close vicinity of travel agencies, hotels, shopping centers where local
travelers usually frequent. Supplies will be delivered to our company approximately twice a month to
help us cope with customers’ demand. Our integrated “2 in 1” oral hygiene solution is highly capable
of satisfying this increasing need, which reveals promising prospects of market receptiveness to our
product. Also, the role of patrolling officers in road management can assist us considerably in
product distribution. And of course, the use of computer technology will save us from having to deal
with huge bundles of paperwork. To make sure I do not come across these problems I should make
sure I only give my employees work which I know they can get done in time and properly, and I
should also make sure I have time to teach them how to do new things with these programs as
sometimes it may just be faster if I just do it myself and delegate something know they can do upon
them as this will give them a sense of responsibility and possibly motivate them to learn other skills
on their own. I cope well under stress which is important as I will have most likely have to keep to
deadlines, it is also stressful as my customers my not like the page I make for them resulting in a
waste of time on my part. I will also be giving free samples for a week or two when I am starting up
just to let people know about the quality of my product, the free sample would simply be a small
sausage on a toothpick which some sauce on it. I have to compete against fast food chains which are
well known across the world and are able to produce on a larger scale then I am, this competition is
still present and no doughtily generating much higher amount of profit then I am able to. The
officers also ensure that the roads are free of obstruction and that traffic is orderly so as to allow
smooth two-way movement of containers. This business only owned by me and I need to face
“Unlimited liability” which means I face all the business risk and has to find all the capital to start
the business. When most of entrepreneurs set up their own businesses, they need to obtain certain
amount of money. It is not difficult to these giants, if they really want, to take the idea and produce
the same kind of product to compete with us.

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