Cause effect alcohol essays
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Best Famous Quotes about Life, Love, Happiness #038; Friendship. Looking for the most unforgettable quotes about life, love, happiness and friendship ? SayingImages has put together the best quotes for you. Famous quotes are very helpful in different ways. Quotable quotes from famous personalities give wise advice. If you heed these words of wisdom, you can be guided to overcoming difficulties in your life.
Famous personalities are not always loved for their looks only. They are also admired because of their unique qualities. Effect Alcohol Essays? If you go through the biographies of thesis statement, famous people, you will learn how many of them have become successful by way of their hard work and cause essays unusual way of thinking. This fact makes these people stand out from the rest and it’s precisely why you should read their inspirational quotes — to gain insight and to questions, gain invaluable advice. Famous quotes help people see the bigger picture. Quotes present both the simplest and cause effect alcohol essays grandest ideas in the simplest of ways.
When you read quotes, it’s easy to have an AHA moment about all-encompassing truths about life, love, friendship and so on. By reading these quotes, you will realize how easy it is to overlook daily problems and look at the bigger picture. The fact that these quotes come from people who may have had similar problems to you makes them authentic. Famous quotes lead us to answers. Grade? Quotes teach life lessons. You will understand your problems better and even find solutions to them. Most of the time, when we are unable to find an answer, we ask our friends. However, as our friends are only as experienced as we are, they are not always able to effect essays, help us. In such a case, it is a good idea to essay questions, read famous quotes f rom people who have been through so much more than we have and succeeded.
Sometimes the heart sees what is cause effect alcohol essays, invisible to the eye. – H. Persuasive Tv Show? Jackson Brown, Jr. Essays? You know you’re in love when you can’t fall asleep because reality is finally better than your dreams. ? Dr. Seuss. A flower cannot blossom without sunshine, and man cannot live without love. Thesis Architecture? – Max Muller. I’m selfish, impatient and a little insecure. I make mistakes, I am out of control and at times hard to handle. But if you can’t handle me at my worst, then you sure as hell don’t deserve me at my best. Cause Effect? ? Marilyn Monroe. Love yourself first and everything else falls into line. Tv Show? You really have to love yourself to cause alcohol, get anything done in this world. – Lucille Ball. Being deeply loved by someone gives you strength, while loving someone deeply gives you courage. ? Lao Tzu.
Love isn’t something you find. Love is something that finds you. Creative? – Loretta Young. Let us always meet each other with smile, for essays, the smile is the beginning of love. – Mother Teresa. Love is composed of a single soul inhabiting two bodies. – Aristotle. To love and be loved is to Analysis, feel the sun from both sides. – David Viscott. Love one another. Cause Effect? As I have loved you, so you must love one another. – Jesus Christ. Love doesn’t make the world go ’round. Love is what makes the ride worthwhile. Grade Questions? – Franklin P. Jones. Love is an irresistible desire to be irresistibly desired. Cause Alcohol Essays? – Robert Frost. Contest Winners 2013? Love is the only force capable of transforming an enemy into friend. Effect Alcohol Essays? – Martin Luther King, Jr.
Throughout life people will make you mad, disrespect you and treat you bad. Let God deal with the things they do, cause hate in your heart will consume you too. – Will Smith. Be yourself; everyone else is already taken. ? Oscar Wilde. You only live once, but if you do it right, once is americanism essay contest winners, enough. ? Mae West. Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment. Cause Effect Alcohol? – Buddha. Life is a dream for the wise, a game for the fool, a comedy for ETL Functional Analysis, the rich, a tragedy for the poor. – Sholom Aleichem. If you love life, don’t waste time, for time is effect alcohol essays, what life is made up of. – Bruce Lee. Life is 10 percent what you make it, and 90 percent how you take it. – Irving Berlin. Live as if you were to die tomorrow. Learn as if you were to live forever. ? Mahatma Gandhi. The truth is, everyone is going to hurt you.
You just got to ETL Functional Analysis, find the ones worth suffering for. ? Bob Marley. When one door closes, another opens; but we often look so long and so regretfully upon essays the closed door that we do not see the one that has opened for us. – Alexander Graham Bell. Essay Winners 2013? The purpose of our lives is to be happy. – Dalai Lama. Never take life seriously. Nobody gets out alive anyway. Effect Alcohol? Be happy for this moment. This moment is americanism essay contest, your life. – Omar Khayyam. Famous Quotations about Happiness. The most important thing is to enjoy your life – to be happy – it’s all that matters. – Audrey Hepburn.
Sing like no one’s listening, love like you’ve never been hurt, dance like nobody’s watching, and live like its heaven on earth. – Mark Twain. When one door of happiness closes, another opens; but often we look so long at the closed door that we do not see the one which has been opened for us. ? Helen Keller. People are just as happy as they make up their minds to be. ? Abraham Lincoln. If you want to live a happy life, tie it to a goal, not to people or things. – Albert Einstein. Happiness is when what you think, what you say, and what you do are in harmony. ? Mahatma Gandhi.
If you want to essays, be happy, be. – Leo Tolstoy. Remember that the happiest people are not those getting more, but those giving more. – H. Jackson Brown, Jr. Friendship is born at that moment when one person says to another: “What! You too? I thought I was the only one.”. ? C.S. Lewis.
A friend is someone who gives you total freedom to be yourself. – Jim Morrison. A friend is one that knows you as you are, understands where you have been, accepts what you have become, and still, gently allows you to proposal, grow. ? William Shakespeare. Cause Effect? A true friend knows your weaknesses but shows you your strengths; feels your fears but fortifies your faith; sees your anxieties but frees your spirit; recognizes your disabilities but emphasizes your possibilities. – William Arthur Ward. A true friend is someone who is there for creative writing techniques, you when he’d rather be anywhere else. – Len Wein. Sometimes being a friend means mastering the art of timing. Effect? There is ETL Functional, a time for silence.
A time to let go and allow people to alcohol essays, hurl themselves into their own destiny. And a time to prepare to pick up the pieces when it’s all over. – Gloria Naylor. It is one of the blessings of old friends that you can afford to be stupid with them. – Ralph Waldo Emerson. Statement About? One of the cause effect essays most beautiful qualities of true friendship is to understand and be understood. – Lucius Annaeus Seneca. A real friend is one who walks in when the rest of the world walks out. – Walter Winchell.
A friend is one what the heart needs all the time. – Henry Van Dyke. Imperfection is beauty, madness is genius and it’s better to be absolutely ridiculous than absolutely boring. ? Marilyn Monroe. There are only two ways to live your life. One is americanism contest winners 2013, as though nothing is a miracle. The other is as though everything is a miracle. ? Albert Einstein. Your time is limited, so don’t waste it living someone else’s life. Don’t be trapped by cause effect essays, dogma – which is statement about comedy, living with the results of other people’s thinking. Don’t let the effect essays noise of thesis statement, other’s opinions drown out your own inner voice. And most important, have the essays courage to follow your heart and intuition. They somehow already know what you truly want to become.
Everything else is secondary. Creative Writing Techniques Gcse? – Steve Jobs. Yesterday is history, tomorrow is a mystery, today is effect alcohol essays, a gift of God, which is essay, why we call it the present. ? Bil Keane. Do not go where the path may lead; go instead where there is no path and leave a trail. – Ralph Waldo Emerson. Share these famous quotes about effect alcohol essays, life, love, happiness and friendship with your friends, family and friends.
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How to essays Write a Resume Skills Section. The resume skills section allows you to list, re-iterate, and expand upon your skills and abilities that are relevant to the job you are applying for. A well-crafted resume skills section will also help your resume beat Applicant Tracking System (ATS) “resume reading robots”, which is the first step to getting your application into a hiring manager’s hands. Don’t miss the opportunity to make a powerful skills section that can tip the odds in americanism contest winners 2013 your favor — read on to learn how. Sometimes referenced as “ Additional Skills ” the Skills Section is where you can list all of your useful abilities that are not overtly mentioned in the bullet points of the Work History sections.
Here are some samples showing what they look like: Customer Service Resume Skills Section. Laborer Resume Skills Section. As you can see, these all tend to be brief and to the point. Yet, there is a right way and a wrong way to writing them. Don’t forget your cover letter. Cause Alcohol? Browse through our library of Cover Letter Samples by Industry. Tips on Adding Additional Skills to Your Resume. In the above examples, there are a few similarities to essay the types of skills that the job seekers listed even though they are going after different positions. A hiring manager is interested in what relevant skills you have. They do not care about whether or not you came in cause first place in the hot dog eating contest at the state fair.
An IT Industry job seeker should not do this : Leader of a 70 member guild in World of Warcraft for 3 years. Maintained a self-hosted VoIP chat server for 3 years. One of the above skills shows some legitimate tech savvy while the other does not. That’s something that might catch a hiring manager’s eye. Keep your skills targeted toward the job you are applying for. Grade Essay? Even if you have a knack for something that is not directly related to the position, as long as it’s relevant it’s worth mentioning . For example, if you are applying for an assistant manager position at cause alcohol essays a small music shop, it’s perfectly acceptable to mention that you can play guitar. It isn’t directly related to management, but it shows you have knowledge of the industry. Just like discussed in all of the Resume Genius resume samples, replace nonspecific adjectives with hard numbers. The same goes for how specific you are in regards to software, hardware, and other tools you are skilled with. Don’t Say: Excellent with foreign languages. Do Say: Fluent in English and Spanish , and proficient in French.
Don’t Say: Skilled typist. Do Say: 70WPM typist. You don’t need to get overzealous with the specifics, but a couple of details go a long way. When listing large software suites like Microsoft Office, try to name the creative techniques, individual applications you’re proficient with, such as PowerPoint or Excel when page space is adequate. If you’re only listing 2 or 3 bullet points, this isn’t that big of a deal, but once you start listing more, you want to keep things sensible. For example, keep your computer skills with your computer skills and your speaking and language skills with your speaking and language skills.
Experienced graphic artist well versed with Adobe Photoshop and Adobe Illustrator Bilingual – Fluent in English and French Proficient with MS Word, Excel, and PowerPoint Charismatic and confident public speaker. Experienced graphic artist well versed with Adobe Photoshop and Adobe Illustrator Proficient with MS Word, Excel, and cause alcohol, PowerPoint Charismatic and confident public speaker Bilingual – Fluent in English and French. Also, when possible list the group of skills that are more important to the position that you’re applying for questions first. You shouldn’t spend too much time debating on the ordering though as per the first tip, they all should be relevant anyway. Formatting: Additional Skills vs. Essays? Technical / Computer Skills. Most job seekers end up choosing a resume template that places their relevant skills closer to the bottom, but for some specific industries listing them at the top is very effective . Take a look at the sample resume for grade questions an applicant searching for an IT job: Because an IT job requires an employee to effect have a base set of skills, the applicant starts off by listing his Technical Skills instead of adding them as Additional Skills towards the end.
He also breaks them down by theme, such as what computer networking skills he has and what operating systems he is proficient with, bolding each main general category and then listing each specific skill in its respective category. Some jobs where using a Technical Skills section instead of an grade questions, Additional Skills section could be beneficial are: Information Technology Graphic Design Manufacturing Technical Writing Engineering. Regardless of which style of Skills Section you use on your resume, as long as you use relevant, clear, well organized bullet points , you’re sure to impress. Industry-Specific Skills for your Resume. The Best List of Skills For a Resume. Below are the most sought after skills and cause alcohol, abilities that employers look for on thesis statement about comedy, a resume. If you can include these abilities on alcohol, your resume, you will be sure to attract their attention. However, it is essay questions not enough to simply list your skills.
The bottom line is cause alcohol essays that HR managers want proof. That’s why it is more effective to include examples of how you use your skills rather than merely stating, “Possess great communication skills.” The bottom line is that HR managers want proof. Here is a list of americanism essay contest, good skills and example bullet points to add to your resume: Approach all work activities with deliberate focus to ensure that each task is completed correctly, efficiently, and cause alcohol, effectively. Seek and actively learn new information to keep up to date with new skill requirements and technological innovations. Achieve high levels of multi-tasking ability by remaining focused and goal oriented, completing several tasks simultaneously to reach desired targets. Commended by peers for displaying a good attitude, working hard, and setting and achieving personal goals. Listen to thesis statement about and integrate criticism and advice from peers, teachers, and bosses, strengthening personal deficits and effect, weaknesses wherever possible. Perform requested duties beyond the expected requirements to maintain high personal standards and ensure absolute satisfaction with produced work. Adapt to all arising situations, and able to develop solutions to problems as they appear to thesis about the satisfaction of any client.
Work towards solutions with a flexible approach to all challenges that helps solve problems in the most direct and time efficient way possible. Respond and adapt to developing challenges and obstacles when under pressure calmly and logically to develop working solutions in a timely manner. Manage time constraints and unpredictable schedules with adaptable methodology that can re-prioritize and delegate tasks to achieve maximum efficiency. Cause Effect Essays? Develop and thesis comedy, utilize a large personal knowledge base, creating a broad understanding of a wide range of issues and the ability to effect develop flexible solutions. Create working relationships with co-workers and clients with varying personality types and coming from different backgrounds, maintaining a professional and egalitarian attitude at all times.
Adapted to new industry standards to guarantee that our business was compliant with all guidelines Revised my sales strategy to align with new customer trends. Evaluate and dilute complex work processes into series of statement comedy, manageable tasks to increase efficiency and alcohol essays, reduce waste. Analyze large volumes of data and questions, identify trends, and present results in cause essays a clear and americanism essay 2013, understandable manner. Produce comprehensive solutions to complex problems through extensive analysis and accurate assessment of relevant data sets. Identify efficiency savings within given tasks and successfully implement them, aiding in efficient problem solving. Effect Alcohol? Determine the relevance of suggested arguments and ideas, and analyze the relative importance of each before accepting or rejecting them as courses of action.
Manage complex problems and time-constrained tasks with rapid but error-free analyses to ensure projects are completed without disruption. Prevented workplace accidents by encouraging safe working practices and preserving company equipment. Responsible for resolving client issues, identifying customer trends, monitoring competitor activities. Plan strategically and Analysis, maintain awareness of attention to details to overcome challenges, meet deadlines and achieve objectives without sacrificing quality. Create and detail step-by-step processes to create intermediate and endpoint deadlines for cause essays all projects, making it easy to identify major obstacles and brainstorm solutions.
Organize and communicate highly detailed planning and time management objectives to ensure all team members understand their roles and responsibilities. Identify errors and inconsistencies within any argument or reasoning used to form actionable conclusions, and persuasive, present necessary counter-arguments. Restructure and reorganize underdeveloped projects that require complete revision to achieve detailed quality standards. Tasked by effect alcohol peers to oversee highly detailed projects, having a trusted ability to discover holes and issues where others may not. Foster strong relationships with customers and strategic partners to strengthen our brand awareness Facilitate monthly meetings with employees to americanism winners ensure there is a mutual understanding of a project’s directives High levels of cause alcohol essays, confidence when speaking either to groups or individuals that allows the conveyance of ideas or instructions in a clear, easily understood manner. The ability to disseminate detailed concepts into understandable ideas in both written and essay, verbal communication. Understanding of the meaning and implementation of body language to both gauge other’s intent and views and project a desired stance to others through non-verbal communication. Highly developed communication skills both verbal and non-verbal that help build a relationship more conducive to an agreeable outcome of any negotiation. Outstanding Typing Skills (WPM: 90). Sound knowledge of troubleshooting techniques for Microsoft Office Suite High levels of analytical ability means that problems can be understood and overcome quickly and efficiently.
Methodical approach to cause alcohol challenges means that problems can be overcome with solutions identified and questions, implemented in the most efficient manner. Effect? Always seeking new information and keeping up to date with current requirements and writing techniques, innovations within the field of expertise. Exercise empathy with others to assist in all aspects of communication, creating higher chances of successful outcomes and compromises. Practice well-honed listening skills to give full attention to those in need, accurately assess every individual’s situation, and build necessary rapport. Project calm and genuine interest in others through verbal and non-verbal means, building confidence with other parties to ensure successful conclusions to all interpersonal interactions. Effect Alcohol? Remain dispassionate and fair-minded during disagreements to highlight that ideas and opinions are always respected. Assist and teach others patiently when working towards a common goal, ensuring higher levels of essay, cooperation when faced with challenges. Help and suggest to co-workers and peers to find institutions or people to seek help for problems that are affecting them professionally. Integrate into all team situations easily and cause effect alcohol, comfortably, possessing a personable nature that is open to teamwork and cooperation. Writing Techniques? Negotiate team and co-worker conflict or pressure effectively and efficiently through strong interpersonal and communication skills. Cause Alcohol Essays? Work towards the success of the group, de-emphasizing smaller perceived personal successes and focusing on the bigger picture.
Listen actively and engage genuinely with others to ensure that all perspectives and statement about, ideas are equally respected. Focus on overcoming challenges rather than seeking to blame the cause of effect alcohol, any challenges and problems encountered, maintaining a positive attitude that is a benefit to any team situation. Adhere to all institutional standards for contest winners 2013 ethical, interpersonal, and professional behavior at all times. Finish all tasks and projects on time with a reliably high level of quality. Accept all requests to fill necessary shifts, schedules, or complete tasks when others are unavailable. Maintain a professional and egalitarian attitude at the workplace at all times, ensuring minimal interpersonal conflicts and acting as an ambassador for the brand. Trusted to handle sensitive items and situations, regarded as having a responsible and dependable personality by cause effect essays peers. Open a strong line of communication and about comedy, make thorough preparations for taking time off. Assist others with tasks and projects during free time, even when it is unrelated or unrewarded. Seek answers to questions personally without needing excessive guidance, asking only effect alcohol essays, when it is obvious the information cannot be found.
Create personal tasks and projects without supervision, while seeking advice and Analysis, permission to increase workplace efficiency. Learn new skills actively to avoid over-reliance on cause essays, co-workers and team members Operate independently of writing gcse, team members and management, submit comprehensive reports and feedback to keep projects on track. Argue against conventional wisdom when it is based on illogic or poorly conceived notions, even when it is essays unpopular to do so. Utilize a wealth of skills, abilities, and personal networks to solve intractable problems and remove obstacles to thesis about comedy completing projects. Display a thirst for knowledge, becoming an expert on any product or subject required quickly, and able to convey that knowledge clearly to others. Cause Alcohol Essays? Assume responsibility for completing all important tasks at thesis proposal hand and filling in labor gaps wherever it is necessary. Brainstorm and develop approaches to problems in cause alcohol downtime and present them to creative writing techniques gcse peers without being personally tasked by management.
Approach challenges as opportunities to improve skills and abilities, seeking advice and criticism to effect constantly improve. Volunteer for new projects and to complete tasks that are otherwise ignored or avoided. Speak frankly about weaknesses and issues that are causing problems and holdups, and offer well-developed solutions. Architecture Proposal? Received award for outstanding work ethic 2 years in a row. Set challenging benchmarks of success and plan by which to effect alcohol achieve them each month. Suggest and ETL Functional, promote ideas for analysis and cause essays, judgement without ego or personal issues should they be rejected by others. Assess and critically analyze personally developed ideas in the same way that others’ ideas are assessed. Compare, contrast, and combine creative ideas, using critical and creative thinking skills to develop insights and thesis architecture proposal, alternative possibilities.
Project an innovative outlook that encourages free thinking to challenge conventional barriers in problem solving and generate interesting ideas. Apply rational analysis and promote an evidence-based approach to take creative ideas and mold them into workable solutions. Appraise any given situation and approach its unique problems with a consistent and systematic methodology. Implemented efficiency and cost-saving initiatives that improved the customer service process Evaluate the various risks and rewards related to implementing new projects or programs. Maintain an cause, “honesty is the ETL Functional Analysis, best policy” philosophy in the workplace, while being tactful about giving constructive criticism. Effect Essays? Review project successes and failures dispassionately, accepting blame when mistakes are made and seek methods to prevent future issues. Conduct all business and creative techniques gcse, personal affairs according to highest codes of ethics and responsibility.
Establish trustworthy relationships with clients and co-workers, avoiding improper and alcohol essays, unethical behavior. Follow institutional rules, processes, and practices at all times to support company’s quality management procedures. Report issues and problems through proper channels as set forth by company guidelines. Maintain a visionary outlook and americanism essay 2013, the ability to see each challenge in effect alcohol essays the context of the broader scope of the thesis architecture, project, while acting towards that desired end goal at all times. Project confidence and flexibility, able to accept differing views without viewing them as challenges to authority, and utilize good ideas from others. Utilize interpersonal skills to motivate and effect alcohol, encourage co-workers, understanding that major goals are achieved through teamwork. Demonstrate critical thinking under stressful situations where problems are faced, and grade essay, a willingness to make the right decisions even if they are unpopular. Effect Essays? Display integrity and honesty at all times, honoring promises and defending values when challenged. Persuasive Essay? Set an example for others, taking responsibility for alcohol essays successes and failures alike. Thesis? Assumed a leadership role in the absence of the supervisor and ensured that the essays, office operated normally.
Assisted in the training of essay questions, 3 new employees to quickly integrate them into the department’s workflow. Schedule meetings, appointments, and travel arrangements for managers. Effect? Compiled, prioritized, and processed all new purchasing orders Keep organized at all times, understanding that efficiency is achieved by being mindful of future and often unanticipated needs Accurately estimate the writing techniques gcse, work involved in any task to provide both a timetable and the effort required for successful completion. Excellent organizational skills to attribute time to carry out responsibilities personally and for each member of the project team. Highly developed communication skills for discussing a project at all levels, with the ability to clearly articulate the cause, work, issues and challenges as they arise in thesis statement comedy a manner other stakeholders will understand quickly. Overcome obstacles to project completion by being forward thinking and positive, rather than adhering to essays the accepted limits. Apply a logical mindset to thesis bring well researched ideas to the table and, and able to cause effect essays dissect counter arguments methodically and without prejudice. Project a positive persona that focuses on the positive outcome of any proposal or counter-proposal rather than the negative, ensuring all parties remain disposed to concessions. Listen actively to all arguments and ideas presented, and fairly weigh and analyze them before responding with counter-arguments and counter-proposals.
Defend positions forcefully when necessary to achieve the best outcome possible for all stakeholders. Seek out alternative solutions to stubborn problems, and ETL Functional, methodically test, reject, and note progress and setbacks. Demonstrates the ability to analyze large volumes of data to find the required information within, efficiently and accurately. Shows comprehensive problem solving ability, producing creative solutions to complex problems. Alcohol? Can identify important concepts within a project to provide effective, targeted research.
Can break down complex concepts and essay, ideas into more manageable tasks for research purposes. Excellent communication skills that allow clear dissemination of researched data and ideas for further use. An analytical approach that ensures the identification and streamlining of research opportunities with any given project for cause effect alcohol essays more efficient results. Maintain high levels of self-awareness that enables analysis of one’s own assumptions and thesis architecture, values about any given subject. Approach mistakes with a dispassionate demeanor, focusing on finding solutions rather than attributing blame. Project a “customer is always right” attitude at all times, even when clients are being rude and irrational. Keep a professional manner with peers, co-workers, and clients at all times, no matter the circumstances. Avoid emotional confrontation and arguments with peers and effect alcohol, clients, seeking de-escalate issues and find ways to resolve issues rationally. Adhere to company work schedules and give notice before taking time off.
Remain calm under pressure, delivering workable problems during crisis scenarios in a timely manner. Perform and techniques, oversee multiple individual tasks simultaneously during work projects, ensuring quality and efficiency while remaining within deadlines. Manage chaotic task loads and effect alcohol, keep teammates focused and under control during high stress and time-sensitive crisis periods. Approach complex and tangled problems with a dispassionate disposition that allows an efficient and analytical approach to any problem. Make and defend critical and thesis statement comedy, high risk decisions based on careful research, analysis, and experience, accepting responsibility for the outcomes whatever they may be.
Resolve interpersonal conflicts between other parties or personally by remaining objective and actively empathizing with the emotional parties. View every situation in the context of the broader picture to predict how the team may benefit overall from any given action. Cause Effect Alcohol Essays? Utilize a diverse skillset to complement any team makeup, whether giving or receiving instruction. Convey authority, competence, and a socially oriented attitude by keeping a strictly professional manner at all times. Build friendly relations and easily communicate with teammates, co-workers, and customers through a confident and outgoing demeanor. Seek out new relationships and form large networks of individuals, developing a pool of resources and talent that can be tapped to achieve goals and statement comedy, targets. Project warmth and sincerity to peers and clients, and a willingness to work together to achieve mutual goals.
Team worker who is cause effect alcohol able to grade essay adapt in highly dynamic and essays, changing situations. Collaborated in four-person team to complete projects in Analysis a timely manner and under budget. Tech savvy, with the ability to quickly learn and apply new software applications to the position. Desire to expand my current skillset and increase my value as an asset to the company. Broad knowledge base that aids in cause effect writing from a position of authority on a wide range of subjects. Highly developed research skills aid in creating accurate, informative and in depth writing on any subject matter. Expert literary skills ensures error free writing, with perfect grammar and style at techniques all times. Adaptable approach allows a writing style that fits with the cause effect alcohol essays, subject at hand and its intended use.
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The three different types of cause alcohol, IELTS essay question. The first rule of IELTS essays is to answer the question. One problem in doing that is essay tv show, there are different types of IELTS essay questions each of which poses its own problems. In this post, I talk you through the three main types of essay questions and show you how to identify them and what problems they pose. I strongly suggest that you practise writing essays on each type of question before you get to the exam. You will find a selection of essay questions organised by cause effect essays question type on my sample essay question page. Here you are given a social issue or problem and asked directly to discuss it and very often asked to suggest a solution for it. In this type of question you are given the problem (here in creative red) and alcohol essays, then told how to discuss it/your task (in blue). In many countries schools have severe problems with student behaviour . What do you think are the causes of this? What solutions can you suggest? Many universities charge higher fees for foreign students.
Why do they do this? Do you believe that it is fair? “Why do they think that?” “What solutions can you suggest?” There are 2 typical problems with understanding this type of essay question. You are being asked for your personal opinion: it is not enough to talk generally about the topic. You must give your personal view . Very often you given two tasks: for example, to discuss the causes and the solution. If you discuss only one of architecture proposal, these, you will be penalised on Task Achievement. The question does not give you much help with ideas: you may need to spend more time planning and thinking of effect alcohol essays, ideas. Here you are given an contest 2013 opinion about some social issue to discuss. Typically, you are asked whether or to what extent you agree with it. In this type of question you are given an opinion (in red) and then told how to effect essays, discuss it/your task (in blue).
Sometimes the question is longer and questions, you are given some background information (in green), then the cause alcohol opinion and then the task. Fatherhood ought to be emphasized as much as motherhood. The idea that women are solely responsible for deciding whether or not to have babies leads on to the idea that they are also responsible for bringing the children up . To what extent do you agree or disagree? Currently there is creative techniques gcse, a trend towards the effect use of alternative forms of medicine. However, at best these methods are ineffective, and at worst they may be dangerous. To what extent do you agree or disagree? “What is you opinion?” “Do you agree that…” “To what extent do you agree?” Discuss. There are three typical problems with understanding this type of essay question: The questions are simply longer to read and thesis comedy, sometimes harder to cause alcohol, understand. Proposal. Spend plenty of time reading the question and essays, underlining the key words and making sure you understand what words like “this” and writing gcse, “these” refer to.
It can be easy to confuse the background information from the opinion. You must discuss the opinion (the bit in red). If you only cause effect alcohol essays discuss the topic (the bit in green), you will be penalised on creative gcse Task Achievement. Cause Effect Alcohol Essays. You need to discuss the persuasive tv show opinion in the question. You cannot only give your opinion. Here you are given a problem or issue and two different solutions or opinions about it.
Typically, you are then asked to decide which solution/opinion is the better. The argument type essay question has two main types. In the effect first type, you get two different situations or opinions (red) and then your task (in blue) is to decide between them. In some countries people pay different rates of tax depending on their salary , in other countries everyone pays the questions same rate . Which do you believe is the best system? In the second type, you get a solution (in red) to essays, a situation (in green) and you then your task (in blue) is to americanism contest, discuss the advantages and disadvantages of that solution. Unemployment is alcohol, one of the most serious problems facing developed nations today . Writing. What are the advantages and/or disadvantages of reducing the working week to thirty five hours ? “What are the advantages and cause effect, disadvantages of questions, this” There are two typical problems here: The essay discusses the effect essays problem generally and doesn’t talk about ETL Functional, advantages or disadvantages or make a choice between the two options. Cause Effect. Again this will be penalised under Task Achievement. The essay only looks at the advantages or the disadvantages.
It needs to look at both sides of the question. I would like to emphasise that you may well find questions that could fall into two different categories. That is statement, not so important. What really matters is learning to look at each question and deciding what precisely it is cause, asking you to do and what possible problems it poses. This is americanism contest, my very simple checklist to help you decide which type of question you are looking at: 1. Does it ask me what my own opinion is about a topic? > Discussion question > Use my own opinions. 2. Does it ask me to discuss a particular proposal? > Proposal question > Discuss that proposal. 3. Effect Alcohol Essays. Does it ask me to decide between two different opinions or look at Analysis, the advantages and effect, disadvantages of a topic > Argument question> Discuss both sides and come to a decision. Look at these reported recent IELTS questions and decide which type of essay you need to write: Many people have an unhealthy diet and ETL Functional Analysis, do not take enough exercise. What do you think are the reasons for this and alcohol essays, what can be done to encourage people to lead a more healthy lifestyle?
Although countries with long average working hours are economically successful, this often has some negative social consequences. To what extent do you agree or disagree? Some people think that paying taxes is architecture proposal, enough to contribute to alcohol essays, society. Statement. Others argue that being a citizen involves more responsibilities. Discuss. Many people argue that children should stay in school until the age of eighteen. What are the advantages and disadvantages of making school compulsory until the age of 18? Many people nowadays leave their county to work abroad and take their family with them. What are the advantages and disadvantages in cause alcohol essays terms of family development? Get more essay advice in your inbox. How to like it, share it and share it.
Get more help with IELTS preparation on the main pages of thesis, my site. Keep up with me on Facebook - all the updates and even more advice there. Or just get all my free lessons by effect email. 46 Responses to The three different types of architecture, IELTS essay question. I have a question about the checklist above. 1. Cause Effect. Does it ask me to give my own opinion about a topic? > Discussion question > Use my own opinions. — It seems to me this is Analysis, a proposal question. 2. Does it ask me to discuss a particular opinion about a topic? > Proposal question > Discuss that opinion. Thanks for your highly intelligent comment. I have rewritten that section slightly now in the hope that it is clearer.
There is cause alcohol, perhaps a slight difficulty with terminology here. I’m tying to avoid the word “opinion essay” as much as possible. Analysis. This post is not so much about the type of essay you write, as about cause effect alcohol, understanding the problems of the essay question. For me, this is a necessary first step. I will in due course be looking at different types of essay. My point in distinguishing between proposal and discussion questions is this: in tv show the “Proposal Question”, you are “discussing” someone else’s point of view whereas in the “Discussion Question” you need to find your own solutions to a problem. For some candidates, the “Discussion Question” is nasty as it gives them less help with ideas. When you come to write the effect essay, you will of architecture proposal, course need to give your own opinions. From that point of view it doesn’t matter what type of essay question you get. Thank you for further explanations and alcohol, rewriting. Now I understood that you are telling about understanding the problems of the ETL Functional Analysis essay question and key points when I answer to different type of questions.
I have a slightly irrelevant question. Cause Effect Essays. Is it okay to involve some ‘invented’ statistical data to an essay, when writing an example. For instance: It has been proved scientifically that over 40 % of ETL Functional, people hate their jobs. thank you in effect alcohol advance. No problem whatsoever. There is questions, no lie detector test in IELTS – it is after all only a test of your English. I would advise you, however, to be slightly careful not to be carried away when you do it. Cause Alcohol Essays. It certainly helps to keep your “data” plausible and you need to thesis, make sure that it fits in with the essay question.
In some ways it could even be seen as a “good thing” as it makes your writing more academic. Although in truth the effect essays IELTS essay is thesis architecture proposal, not a particularly academic piece of writing and I would generally advise you to keep your writing fairly plain and simple, as opposed to trying to show off academically. IELTS examiners are not academics! Here are some sample phrases for you to consider: It has been demonstrated that. Research has shown that.
A recent opinion poll showed that. thanks, this clarifies a lot. hello again, Mr.Cole. Cause Effect. There’s one thing that’s unclear to me about the proposal essay. Here’s the example. “Education should be free. To what extent do you agree or disagree? ” Should I take a firm position about only one side ( agree or disagree) and then devote the whole essay to proving this particular side, or should I describe both plus and minus of the statement and then say what i think in the conclusion ??
My overall band score is 7.5! Partly, this is techniques, your merit as well, since I was using plenty of information from your website when trying to figure out the essay question type or developing my reading strategy. Thaks alot! I wish you further sucess. Need your help in ielts . My test is on 24 sep 2016. 4 weeks back i suddenly got the idea of attempting ielts, so i booked a slot and had a descent 2 weeks of time to prepare . But due to various reasons ( and most importantly laziness) the amount of time left to me for preparation got reduced to 2 days.. jus 2 days to go for IELTS and i din had any idea about it..i was going through the sample tests provided my British council but it hardly gave me any confidence… it was during that time when i accidentally came across your website.(Serendipity. )) and i was amazed.. All the information provided here were so organized and the instructions you provided were so simple but yet very effective.. i concentrated the cause alcohol last 2 days before my exam on gcse your website..following all your guidelines.. ( especially the way you described the working of cause effect alcohol essays, brain under pressure was cool..) and did my best at the exam..
And today i got my result..an overall band of 7.5.. Essay. thanks a lot sir. ):) Thank you very much! I’ve struggled to picture the 3 types, and they are clear to me now. This is Ajay from effect essays, India. I have taken IELTS 5 times till now any everytime I am getting 6.5 ..I disparately need 7 score but I am not able to thesis proposal, understand where I am loosing that much needed 0.5. Can you help me to understand this.
Also is there anyway you can review my essays. I’m simply too busy yo help sorry. It’s partly for this reason I’ve added online tutors to the site. They all look at essays. So I suggest you contact one of alcohol essays, them. Good luck with the 7. how could u got 6.5band in yur ielts. In advantages and disadvantages essay, can be take one side either of advantages or disadvantages in conclusion paragraph. please reply soon because my ielts test is coming soon. This will depend slightly on how the question is worded. Always always read the ETL Functional Analysis question very carefully.
If the question is “Discuss the advantages and disadvantages of this proposal”. I would suggest you need to cause effect essays, mention both sides of the argument in your conclusion. Thesis. This is because your conclusion should reflect your whole essay. You can of course also say that in your opinion the advantages are greater than the disavantages and so write more about them. Another common form of advantage/disadvantage essay question is “To what extent do you agree or disagree with this proposal?” Here you have 3 basic options: 1. Cause Effect Essays. You can agree. 2. Creative Writing Techniques Gcse. You can disagree. 3. You can agree and disagree.
In this case, you must make your position clear in the conclusion. hello Mr cole i realy want to thank you for sending me this amazing email But i have one question ihave taken ielts exam thrice and on every exam 5 without any develope idont know why the same mark. i have only 1 day for my exam still iam confused about writing can plzzzzzzzzzzz help so dat i can get a band 7 in writing. infact while searching on net i came to know about ur site and i really found it very helpul but still give me tips for alcohol essays, d last minute preparation plzzzzzzzz. One day before is too late to do anything serious. the best thing you can do is relax and clear your head. It helps to have a clear strategy for each paper – particularly for timing. If you feel in control, you feel better and should perform better. I have recently written IELTS and was given a problem to discuss in writing. The topic was :now-a-days the natural beauty like rivers, mountains and lakes are getting damaged by garbage and waste by thesis statement people.
Why do people do that? What do you think should be done to prevent this? I have explained it well(I guess) with an introduction paragraph followed by two paragraphs emphasizing two reasons why people doing this with one reason in each paragraph. Cause Alcohol. These two paragraphs are followed by two paragraphs explaining what should be done to prevent this with one solution in each paragraphs. I forgot to write a conclusion paragraph. Do we really need to give conclusion for persuasive essay tv show, a problem task in the end? Thank you and awaiting for your reply. Yes, i’m afraid you do. Essays. An essay without a conclusion is not an techniques gcse essay and effect essays, you will have been penalised for task response.
It is not perfect but the ETL Functional Analysis advice is to write a sentence conclusion if you are running out of time so that at least you have something there for the examiner to look at. For me, a good conclusion does make an essay better. It is a skill worth practising. Effect Essays. It need not be a long/complex conclusion, but if you can briefly summarise the essay and return to essay questions, the introduction, it does help your task response. I have recently written IELTS and was given a problem to discuss in writing. The topic was :now-a-days the natural beauty like rivers, mountains and lakes are getting damaged by essays garbage and waste by people. Why do people do that?
What do you think should be done to prevent this? I have explained it well(I guess) with an introduction paragraph followed by essay two paragraphs emphasizing two reasons why people doing this with one reason in each paragraph. These two paragraphs are followed by two paragraphs explaining what should be done to cause essays, prevent this with one solution in each paragraphs. I forgot to write a conclusion paragraph. Do we really need to give conclusion for a problem task in the end? Thank you and awaiting for your reply. Yes, sadly for you the conclusion is needed. It is an essential part of an essay. I would like to Analysis, Thank you and all the Blog participants for clearing out many confusions for IELTS candidates. Cause Effect Alcohol Essays. However, I have few questions where I feel myself weak.
1. How can I use a strong vocabulary in Writing Exam? Is there any list of good words which can be used instead of general words? 2. Reading Exams are lengthy, the pressure built’s more when you are on the last passage with tough vocabulary to understand and have a general idea. What do you suggest? Please, do pray as I am appearing for IELTS tomorrow. Good luck tomorrow. Get a good night’s sleep and try to grade questions, relax is my best advice. On writing the best vocab is cause alcohol essays, very often simple vocab. many candidates get this wrong and try and thesis statement about comedy, use over-complex words. You may not believe this, but all my essays are at cause essays, least band score 8.0 and mostly 9.0. Creative Writing Techniques Gcse. Don’t be fooled that they use simple language.
They are well written and clearly written. A key to writing is understanding that 50% of the score is for cause effect alcohol essays, coherence and americanism, task response. Take a look at cause effect alcohol, IELTS Simon’s blog – you will find he says the same thing. On reading, yes time can be a problem. Creative Techniques Gcse. Remember some questions are just plain hard and cause effect, would trick intelligent native speakers. Don’t get stuck, move on. Thank you for shedding some light on the types of essay that might be posed on IELTS exams and strategies on how to tackle it. However, I have been led to believe that in proposal questions, especially when the architecture proposal questions goes ” To what extent….” I have to give caveats to the proposal rather than fully agree or disagree. And believe me there are some topics that I have very strong views about and yet my marker penalised me on TR for not stating to what extent I agree or disagree with the cause alcohol stated proposals even though in my essays I have written I strongly believe!! As a result I am one confused bunny and find proposal questions a nightmare!! Please help!
your blog is wonderful and does wonders in helping for the. exam. however, your essay question types is confusing, especiall proposal and argumentitive coz all of them are answerd using the same approach, i.e argumentitive type. I have got IELTS exam after 2 weeks and about comedy, i need to get 7 each in cause alcohol any case. last time i just got 5.5 in writing could you please help me how to improve my writing in couples of week. I am preparing for americanism winners, my IELTS exam scheduled on 26th of May and essays, your website has helped me in understanding the statement about expectations of this test. It has been a while since I have written any letters and essays and this worries me a lot whether I would be able to cause alcohol essays, write material of Band score 7+. Thanks a lot for americanism contest 2013, the detailed information.
I am confused about the types of writing. Effect. You mentioned the different types but not the ways to answer each of essay, them. Could you illustrate how to answer the different types please? I will give the exam about essays, 45 days later. ETL Functional Analysis. Do you have any recommendation about writing and other things?
In August the plan to produce an essay a day – each essay illustrating a different writing skill – this should include looking at different types of essay questions. I didn’t get it. Have you answered my question. Could you mention a comprehensive resource to find out these types and the way to answer them please? Hi – the resource I was thinking of appears not to be available on the internet and so I will need to put something together myself to help you out. Cause. For the time being I suggest you check out writefix – this is an excellent writing site where you can find different types of essays illustrated. I aim to thesis proposal, post something on this in the next few days – possibly Monday.
In the meantime, can I suggest that there is no one way to answer each question type ie an cause essays opinion essay is ABBA , a discursive essay ABCA and so on. ETL Functional. It is perfectly possible for instance to look at both sides of the argument in a “do you agree/disagree” type question much as you would in a discuss essay. It all depends on what you as a an individual think about effect essays, that question. ETL Functional Analysis. One person may choose to answer the question in one way and another in cause alcohol essays another way. Thesis. The examiner does not sit down and cause alcohol essays, say “This is an opinion essay and thesis proposal, it must be structured like this”- rather they look at whether you have answered the question as it is asked. i’m really confused Rayn’s website mention some steps which looked too easy to follow but when i read some para from the ielts book the essays follow another steps ( totally different ) …. i’m nt that good in English to join both of them or choose which one is the best …… SO PLEASE CAN YOU HELP ME . i’m dying to persuasive, get only band 5 because my university asked for that.
please reply soon #128577; i have an exam after 15 days. Thanks a lot for alcohol, these very informative lessons you have done. I would like to americanism essay winners 2013, ask further information in cause effect essays writing proposals or “to what extent questions”. How many paragraphs should one write? Is it a 5 paragraph essay? No one answer to americanism contest 2013, this question. It depends in what is in cause effect your head! You should be prepared to write both 4 and ETL Functional, 5 para essays. If you have more points, it will be 5. If you have only 2 points, then a 4 para essay is cause essays, fine.
There are numerous essay writing directive words that a student needs to be across (e.g. discuss, describe, explain, compare, contrast, etc). If you don’t clearly understand what is being asked of you, then you have next to about, no chance of writing an excellent essay. Agreed. I would add as a personal opinion that I believe it is dangerous to effect, focus on “types of essay”. My strong preference is to focus on americanism essay winners 2013 the question and cause essays, answer that question in a logical way. The danger of following a format for an opinion essay, for example, is that you can fail to address the question by concentrating too much on a particular format. 1)Many people have an unhealthy diet and do not take enough exercise. Grade Essay Questions. What do you think are the reasons for this and what can be done to encourage people to lead a more healthy lifestyle? —- My answer: Discussion type. 2) Although countries with long average working hours are economically successful, this often has some negative social consequences.
To what extent do you agree or disagree? —- My answer: Proposal type. 3) Some people think that paying taxes is enough to cause effect, contribute to society. Others argue that being a citizen involves more responsibilities. Discuss. —- My answer: Discussion type. 4)Many people argue that children should stay in school until the age of eighteen. What are the advantages and disadvantages of making school compulsory until the age of 18? —- My answer: Argument type. 5) Many people nowadays leave their country to work abroad and take their family with them. Essay Contest 2013. What are the advantages and disadvantages in terms of family development? —- My answer: Argument type. This is one of those lesson I’m in the process of reviewing and updating. Effect Alcohol. I hope to produce a much clearer version soonish. Hi there, I enjoy rdading t?rough yo?r post. ² wanted to write a little cokmment tto support ?ou.
In your description on essay types you have mentioned “you will be penalised under Task Achivement” but Task Achievement criterion is used in marking Task 1 , I guess. Okay – nice observational skills. TY for comment. I need to update my resources on this generally. But in truth task achievement and task response are close to interchangeable as names. It is important to see though that task 1 does have its own criteria. it would be really helpful if you wrote other articles about different types of essays and general structures for each type.
I hope you would consider doing it, thank you so much for your advice on this site! […] Question type Read the statement about IELTS question carefully and ensure that you know what you are being asked to effect, write. Writing. It’s no use putting pen to paper until you are sure you know what type of effect essays, essay you are being asked to produce. Dominic Cole expalins things very well on this page. […] […] is a proposal type question where we are asked to give our opinion about whether improving health education would have a […]
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3 Reasons Your Job Application Didn’t Get a Response (And What You Can Do About It) Eagerly sending your resume to the perfect job posting or trying to cause effect essays, contact recruiters – but not getting a response? If you’re wondering whether your application traveled into a black hole, you have plenty of creative writing gcse company. Many job seekers report similar experiences, with reactions ranging from despair to frustration with employers. Cause Effect Alcohol. Can’t they at least acknowledge your message? Why don’t recruiters take the time to essay questions, call you back? What can you do to avoid wondering where you stand?
Before reading too much into the lack of alcohol essays responses, take a look at these common reasons for employer and recruiter silence – along with ways to thesis architecture proposal, circumvent the effect alcohol essays, black hole: 1) Anticipate facing a massive amount of competition when applying to ads. Hundreds to essay, thousands of career inquiries pour into employer job portals every week (a phenomenon common since the dawn of the alcohol, economic meltdown). Persuasive. With this volume, many employers have turned to automatic resume screening systems (also called Applicant Tracking Systems or ATS) to help mitigate the flood. Considering that type of screening could be in cause effect essays, place, if the job requires that you have specific qualifications and certifications then get them (from an onsite training course or a site like theknowledgeacademy.com) and list them. Americanism Essay. While some systems may provide an #8220;application accepted#8221; message from an employer website, other career sites might lack the sophistication needed to let you know what’s happening with your resume. Effect Alcohol. As a result, you could be left waiting while (or if) your application was routed to the hiring manager.
To avoid the waiting game, always follow up with an actual person to ensure your resume was received. Americanism Essay 2013. Start by alcohol essays, identifying the hiring manager (1-2 levels up from the target position) and send this person a LinkedIn note or email. You can also contact the company’s HR department. State in your inquiry that you’ve applied through the regular channels, and you’re now following up to ensure your application is under review. You may secure an interview this way, especially in cases where you#8217;re well-qualified and thesis, the manager didn#8217;t see your resume come through the system.
If nothing else, following up can help you understand the cause, path your application has traveled – and keep you focused on moving forward with other opportunities. 2) Realize it’s the system, not you. If your application is rejected, you won’t find out if employers are keeping your resume on file for future openings, or if you’re really not a good fit at that company. Both these scenarios take place on a regular basis. Even when you follow up with employers, they may not have the americanism contest winners, staff or technology in effect alcohol essays, place to thesis statement, respond to your query. In addition, there are legal ramifications for effect alcohol companies who issue a “rejected” message, as this can trigger more inquiries or even lawsuits. Companies sometimes post jobs for which they’ve already identified the prime candidate, and simply collect resumes for pending opportunities. So, what’s the americanism essay contest winners 2013, best strategy?
Sometimes you can find out cause effect essays, where you stand, and other times, it’s best to move on after following up once or twice. Rather than assuming a negative reaction on the part of employers (and spend your valuable time chasing down a response), you’ll get better results from minimizing online job search in your overall plan. Networking, participating in trade industry groups, or authoring publications in your field all draw positive attention and demonstrate your brand value to employers, making you as “real” and creative techniques, authentic as possible. The best strategy for standing out? Identifying target employers and pursuing them with focused communications that speak to their needs, rather than playing the waiting game. 3) Expect recruiters to focus on their clients first.
While skilled candidates are important to recruiters, client employers are the cause essays, ones who foot the bill – so recruiters spend most of their time chasing down the perfect, unique fit for an open job. In addition, independent recruiting agencies or boutique recruiters often lack the architecture proposal, bandwidth to issue a personal reply to effect, your query (which can be one of dozens per comedy day). What does this mean for you? Even if your background is fantastic, it still may not match a particular job requirement. Even so, your best move is to stay on a recruiter’s radar (via an effect essays occasional call or email) to cultivate a mutually beneficial relationship. Your next opportunity may depend on it! In summary, while there are many reasons your job application may not receive a response, you’ll need to focus on making personal contacts and grade, staying in the game. Your ability to build a credible industry presence, combined with regular relationship-building and cause, follow-up, may just help employers realize you’re the right person for the job. Laura Smith-Proulx, Executive Director of An Expert Resume, is a resume industry leader, 13-time global TORI resume award winner, LinkedIn expert, author, personal brand strategist, and former recruiter with 20+ years of experience winning choice jobs for executives and rising leaders. This article doesn#8217;t address when there are no HR reps or recruiters to contact. Many online applications and portal systems remove human contact from the Analysis, picture entirely.
And in my experience, calling the company (if you can get someone to cause effect alcohol, answer) and trying to persuasive, work your way to the hiring manager is extremely difficult, if not impossible. Once, I even went through all that trouble to cause effect alcohol essays, be verbally scolded, and told that any pertinent info would be sent to me. I could just imagine my resume being deleted then and there. Architecture Proposal. How to Leverage Alumni Networking on LinkedIn to Find a Job. Cause Effect Alcohol Essays. Personal Branding: Where to Start When You Don#8217;t Know How.
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What’s included in the blank template: In the first download, you will find documents with all of the chapters, section titles, and section subtitles that you will need to successfully complete your plan. Cause Essays! Our first plan contains the 8 chapters of a basic business plan including: Chapter 1: Executive Summary: The executive summary provides investors with a general layout of your company. Creative Techniques! This chapter is essentially your hook to convince potential financiers that your model is worthy of their investment. Chapter 2: Company and Financing: In this chapter, the goal is to essays outline the grade essay questions, legal and cause, operational structure of your company, financing requirements, the history behind the company, mission statement and the management team. If you are forming a corporation, be sure to include your Articles of Incorporation here. Chapter 3: Products and Services: This section describes what products and/or services your business will sell (now and in the future), and how you will build, assemble and deliver them. It also offers a comparison of grade essay your company and your direct and indirect competitors. Cause Effect! Chapter 4: Customers and Market Analysis: The customers and ETL Functional Analysis, market analysis page indicates your target customer segments, what needs you are filling for them , and the latest trends among these consumers in cause terms of growth and behavior. Writing Techniques Gcse! Chapter 5: Marketing and Sales: The marketing and sales chapter allows you to describe how you will sell your product/service.
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However, you should be aware that there are some pros and cons to using free business templates, rather than using professional software or an ETL Functional, experienced writer. Writing a business plan is a prerequisite to your company’s success. A solid plan is necessary to help found your company and ensure that your goals remain on cause essays, track over time. Analysis! Your plan can and will change as you encounter the unpredictable variables that come with starting your own company. Cause Effect! If you have an existing company, crafting a solid plan is equally important if you’re hoping to attract investment and comedy, expand your company beyond the limits you’ve already reached. Your business strategy should account for the next 3-5 years in alcohol advance, and creative techniques gcse, cover every aspect of effect alcohol your industry, including the critical relation between marketing and thesis proposal, sales to your company’s finances.
Your plan should include the essays, following sections before you submit it to investors. Click each accordion to read a how-to guide for each chapter: “How to Write a Business Plan” Table of Contents: How to Write the creative techniques gcse, Executive Summary. The executive summary contains all of the essential information about what makes your business strong and worthy of effect essays investment . Persuasive Essay Tv Show! It covers the major highlights of the rest of cause effect alcohol your plan’s chapters. The goal is to briefly tell your reader what your company will do, where you want to take it, and tv show, why your business idea will be successful. If you are seeking financing, the executive summary is your first opportunity to grab a potential investor’s interest. The executive summary will be the first chapter of effect your business plan, though it’s actually the last section that you should write . First, you’ll need to statement comedy do heavy research to ensure that your plan is cause effect alcohol sound before you can write the winners 2013, executive summary. This section will be different depending on cause effect, if you are an americanism essay contest winners, established business or a new startup. A startup company’s executive summary will need to be interesting and convincing to alcohol essays capture the attention of investors. Essay Contest Winners 2013! Your company will lack the historical data and essays, trends that existing companies are able to provide, but there are strategies to persuasive essay tv show mitigate these factors. First, you’ll need to briefly explain who you are, the background of your management team, and your reasoning behind starting a business in your chosen niche.
Secondly, you’ll need to essays demonstrate that you’ve done quality research that supports how you’ve conceptualized your business. ETL Functional Analysis! Investors know that talk is cheap – do you have the cause effect essays, data and analysis to back up your claims? Even in a standard plan, the executive summary for an existing business has no set template, although there are several suggested guidelines that you can find around the web. Persuasive! We suggest the following basic template – feel free to cause add or subtract sections according to your own needs: Summary Management Team Products and Services Customers Marketing and Sales Financial Forecast Financing Requirements (optional) Describe the purpose of the plan (e.g.; to raise a specific amount of debt financing to expand a store location) as well an overview of the company (name, location, company type, products sold, founder(s) and founding date). Describe the key milestones or objectives that you want to achieve with this business (these are the tangible results in which you use to essay prove success of the venture). This statement should be concise and to the point. Summarize the members of the management team, including highlights of their expertise and experience . Describe how each member contributes to the success of the organization. Keep this section brief, as you will go into more detail in the Products and Services section. Products and cause, Services.
Describe the statement about comedy, products and services you are providing and who the competitors are within the industry . Keep this section brief, as you will go into more detail in the Products and Services section. Describe whom your customer groups are and effect essays, whom your key customers are , as well as how you will market to them. Keep this section brief, as you will go into more detail in the Market section. Describe briefly how you will market your product or service. Summarize the major points in the Marketing and Sales chapter, which may include market positioning, pricing, promotion, and distribution. Summarize the most important points from the americanism essay contest winners, Financial Plan section here.
This should include your sales forecasts and projected expenses as well as the logic behind the projections. If you are a new company, describe when you expect to turn a profit . If you are an existing company, highlight past financial performance. 7. Financing Requirements (Optional) Summarize the amount of equity and/or debt financing that you are seeking, when you need it, the cause, use of the funds, and ETL Functional Analysis, when you expect to reach your next milestone event and/or start paying back the essays, loan. Keep this at persuasive, an overview level , as you will go into more detail later on in other chapters. Note: This is a complex question that you cannot answer until you complete your plan, so it is highly recommended you work your way through the effect alcohol essays, entire writing process first . In particular, complete the financial planning process before attacking this section. Only then will you be able to identify the amount of contest money you will need to raise. With these sections fleshed out, you’ve finished your executive summary. How to Write the Company and Financing Chapter.
The company and finance section of your plan is important, because introducing the management team is critical for both start-ups and established companies alike. Investors will use this information to gauge the future likelihood of alcohol essays success. Company and Financing Sections. Company Overview Management Team Required Funds (optional) Exit Strategy (optional) Mission Statement (optional) Company History (optional) Location and techniques, Facilities (optional) There are many variations and effect, approaches on how to lay out the various components of a business plan. Our approach for the company overview section is to provide the reader with the company’s legal information, address and a brief description of the company’s history.
Since there are follow up sections in this chapter that over go the company’s location and history in more detail, you will want to keep this short (2-3 sentences). A BRIEF PRIMER ON COMPANY TYPES. The optimal company type is best determined by a credible Attorney. Essay Questions! The primer below is meant only to effect alcohol explain the broad differences between the most common company types. A sole proprietorship, according to the IRS: “A sole proprietor is someone who owns an unincorporated business by him or herself.” While the most simple to set up and the most common, there is grade essay a significant drawback: you will be personally liable for any obligations. Essays! So for example, if you sell someone a cupcake and they sue you because they found a hair in it, and you lose in court, the tv show, creditors can legally go after your personal possessions – such as the roof over your head.
A partnership, according to effect essays the IRS: “A partnership is the relationship existing between two or more persons who join to carry on thesis statement comedy, a trade or business. Each person contributes money, property, labor or skill, and expects to share in the profits and cause, losses of the company.” A partnership has certain advantages compared to a LLC, such as not needing to file formation documents when setting up a partnership, and not needing to thesis statement comedy file dissolution documents if dissolving the partnership. However, similar to sole proprietorships, partners in a partnership have unlimited liability for the company’s debts and liabilities. Limited Liability Partnerships (LLPs)
LLPs are different from traditional partnerships in essays that there are two classes of persuasive partners: (1) General partners that have full management and control but also full personal liability and (2) Limited partners that have no personal liability beyond their investment in the partnership interest. Limited partners are often times “silent partners” that wish to invest in the venture but limit their exposure to liability. A corporation is a separate legal entity owned by cause effect shareholders. A corporation is commonplace for essay winners 2013, businesses that anticipate seeking venture capital financing. The downside to effect alcohol essays a corporation is the problem of “double taxation” since the corporation’s profits is taxed at the corporate level, and then any dividends distributed to shareholders are then taxed again at the personal level. You can elect a special tax status with the IRS to have your corporation not be taxed at the corporate level (instead, it would be taxed as a pass-through entity). Some of the drawbacks include not being able to have more than 100 shareholders , and not being able to have non-US citizens/residents.
A popular choice among many small businesses , a LLC limits the member’s personal liability and questions, only taxes profits at the individual level (acts as a pass-through entity). Describe the type of cause essays company you plan to open, along with the ETL Functional Analysis, registered name you plan to effect alcohol use. Explain your rationale – for example, if you are starting a company where you plan on thesis proposal, seeking venture capital financing, then you will want to start a C-Corporation as majority of VCs will insist on this legal structure. If you have a home office/no dedicated business address. Include your current office setup and cause effect alcohol, your future office plans once your company expands, if applicable. For start-ups, and especially those seeking financing, the Management Team section is especially critical. With the lack of history, there is little investors can go by to Analysis gauge the future success of a venture. The question lenders and investors will ask: Why should we trust your team with our money? You must demonstrate your team’s ability to execute on the stated goals. To accomplish this, you should highlight: Background of each member of the management team (education, relevant work experience, etc.) Roles and responsibilities within the company.
Tip: Don’t include details about members of the Management Team that are not relevant to alcohol the reader. Everything presented should reinforce why your team is the right team to execute on the company’s vision. If you have an ETL Functional Analysis, established business the information you want to present is the same. Keep in mind, however, that you also want to demonstrate that your team has the capability to manage growth of the company. Effect! As a company grows from writing techniques, start-up to essays established business, the management team must also change. Grade Essay! They must be able to manage employees, institute standardized systems, and ensure the business’s ability to cause scale operations while keeping profitability stable. If you already have a Board of 2013 Directors and/or Advisory Board, list these individuals and a brief description. In a publically trading company the Board of Directors is cause alcohol essays elected by the shareholders and is the highest authority in statement the management of the company. For our purposes (context of a private company that is most likely a startup or small but growing business), a Board of Directors is comprised of investor(s), founder(s), CEO and independent board member(s) who have substantial business and industry experience. A Board of Director’s typical responsibility is to set broad policies for the company, determine compensation for cause, company management, and approve annual budgets.
An advisory board is a group of winners 2013 business leaders that can help guide your company and provides it with assistance when needed. Effect Alcohol Essays! Choose individuals with knowledge in your industry and are willing to play a role in your company . Thesis! While some advisors are compensated, it comes down to a case-by-case basis, frequently depending on how much time the member is committed to your company. Tips on building your Advisory Board: Choose a well-respected and well-known individual as the first member of your Advisory Board. This will help you to recruit other members of the Board. Choose individuals that have strengths and relationships your business will need.
As your business evolves, so will the members of your Advisory Board. Feel free to shake up the line up over time. In this section you will tell the reader how much money you need to alcohol raise, what you are going to use it for, and how you got to writing the requested amount. Important note: This is a complex question that you cannot answer until you complete your plan, so it is highly recommended you work your way through the entire writing process and in particular, complete the financial planning process. Only then will you be able to identify the essays, amount of money you will need to raise. There are two primary financing options: equity and debt. The primary difference between equity and essay, debt financing is cause effect essays that debt financing is Analysis essentially a loan that is backed by your assets or via a personal guarantee.
If your company is cause alcohol already in existence and has trading history, then you may also secure a loan off of your receivables. In contrast, equity financing is essentially you exchanging a stake in creative techniques your company for a specific sum of alcohol essays money from an statement, investor . Cause! Therefore, the amount you are able to raise from investors comes down to how much they value your company. There are three fundamental questions every savvy investor will ask you: Cool idea, how do you make money with it? How much money do you need, and why and when? What do you think your company is worth? If you are seeking financing (regardless of its equity or debt), that most likely means that your financial model shows your company taking a loss in the initial stages, followed by break-even and essay questions, subsequent profitability. The money you are seeking to raise will simply allow you to have enough cash to cover the initial period where you will be taking a loss so that you can eventually make a profit. This is a simplification; you may be raising money to further grow your company, which may already be profitable.
Or you might use the cause effect alcohol, financing to get your product to the next stage in its product development lifecycle (i.e.; milestone event). But the persuasive, general concept is the same; the investment you are seeking bolsters your company’s cash position , allowing it to grow revenue and/or profitability. Cool idea, how do you make money with it? / How much money do you need, and why and when? The financial statements provide the answer to the first two questions (which is why we recommend you complete your plan first). To answer how much money you need, analyze the cash flow statement to determine the cumulative cash flow.
The lowest point on this curve will tell you what your maximum financing needs are , and at effect, what point in time. What do you think your company is worth? The third question is much harder to answer, especially for a new company. At the end of the day it really comes down to what an investor thinks your company is worth (which is more art than science). However, there are three popular methods of valuing a company that can help you come up with a valuation to facilitate the negotiation. Cost approach (asset based approach) The cost approach seeks to determine a company’s value by analyzing the market value of statement about comedy its assets. In other words, in this approach the company is worth the sum of all its assets if they were to be liquidated . This approach may be appropriate for some industries such as real estate where the asset value may actually be worth more than the going concern value (present value of future cash flows generated by the asset). However, for cause essays, many companies the value of its branding and reputation, along with its ability to generate profits, will exceed the thesis architecture, value of its assets. The market approach seeks to cause determine a company’s value by essay analyzing recent sales of similar assets, with the theory that valuations of similar companies can serve as a good proxy. This is a common approach in the real estate industry.
The income approach seeks to determine a company’s value by cause alcohol essays using its expected profit over time and thesis statement about, then placing a value on that future stream of income in today’s terms . Alcohol! Since there is inherent uncertainty with a future stream of income, there are numerous ways to discount that expected income to account for risk. Now you have all the pieces to essay complete the equation. You have the amount of money you need by looking at cumulative cash flow. You also have an cause alcohol, idea of how much money your company will be worth. Equation to determine how much equity you should offer: Equity to offer = Company Valuation / Money needed.
If raising debt, you are not exchanging equity for thesis statement comedy, cash. Instead, you should focus on the loan’s interest rate and effect alcohol, payment schedule. Make sure you will be turning a profit that is both large enough and soon enough to ensure there is no delinquency on grade, servicing the loan. For equity financing, answer the following: Investment amount needed When you need it How much time it will buy you / When you expect to turn a profit or get to the next milestone event % of equity offered and at what company valuation (you may wish to keep exact figures vague in order to further negotiate) Exit strategy. For debt financing, answer the following: Loan amount needed When you need it When you will be able to pay back the effect essays, loan The amount and frequency of loan payments. In addition to creative the information above, you should also summarize how you plan to use the funds. The level of detail should be at a high level ; if the effect, investor or lender wants to see expenses in more detail that will be available in the Appendix within the Profit/Loss statement. Construction of new kitchen:
Kitchen remodeling, March 1, 2014, $25,000 Kitchen hardware, April 1, 2014, $50,000 Total Loan Amount: $75,000. If based on creative writing, your financial model you anticipate relatively small yet variable expenses month to month, a line of credit may be a good choice. Cause Alcohol! With a line of credit you draw upon creative writing gcse it when you require the funds and alcohol essays, pay interest immediately on the money as it is thesis statement comedy borrowed. It works very similarly to a credit card in cause effect alcohol essays that you typically have a pre-set limit to techniques how much you can borrow, the major exception that since you may be able to alcohol secure the line of credit with assets, you may be able to Analysis get better terms. In the Quick Start Guide we briefly went over the different strategies available and how thinking about your company’s eventual exit will help shape your business model. Cause Effect Essays! It’s recommended you review the Quick Start guide and practice that exercise. Depending on your company, there are various exit strategies available, including:
Selling your business Passing it down through the family Taking the company public (IPO) Liquidation. If you are seeking equity financing, then your investors will pay close attention to this section. Angel investors and VCs demand a large return on their investment since they are taking a large risk by investing into your company. Therefore, you need to include detailed information on how you intend to sell the company or take it public. Demonstrating a large market opportunity. If investors are going to take a big risk, they demand a big return. Tv Show! You need to effect demonstrate your business has the potential to either take substantial market share from an incumbent competitor, or create a new market. Investors like to be in creative writing techniques gcse hot, growing industries such as biotechnology, mobile e-commerce and alcohol essays, healthcare.
These are all industries that have huge upside growth potential and ones that investors are more inclined to Analysis invest in. Solving a larger company’s problem. If your exit strategy is to sell your company to a larger company, then identify how your company’s product solves that larger company’s stated problems and/or goals. For example, Apple’s mapping software is playing catch-up to Google Maps. Effect! If your company can help Apple improve its software, your company would become an creative writing techniques, attractive acquisition target. The mission statement reflects the core purpose and vision of the company. Essays! It’s a statement your employees and customers can get behind. Some tips on writing a well-crafted mission statement: Keep it short. Architecture! 1-2 sentences max.
Don’t use “fluff” words. Make the statement mean something. A mission statement, if done well, should encapsulate both what the alcohol, company does (what it sells) as well as the 2013, culture/vision/purpose. Examples of Fortune 500 firms that really get it right: A. BRISTOL-MYERS SQUIBB COMPANY (PHARMACEUTICALS) Mission Statement: “To discover, develop and deliver innovative medicines that help patients prevail over serious diseases.” Why it’s great: The keywords “discover, develop and deliver” demonstrate the company’s capability to in delivering an cause effect alcohol essays, end-to-end solution. By using the words “innovate” and “prevail over serious diseases” it serves as a rallying call for Analysis, their thousands of employees that what they are doing is (1) cutting edge and (2) has a higher purpose then themselves.
Mission statement: “ We will be the easiest pharmacy retailer for effect alcohol, customers to use.” Why it’s great: In one short sentence, the company has managed to (1) describe what it sells (2) how it will win in the marketplace. It is a pharmacy retailer and it will solely focus on making itself easier for grade essay, the customer to use (that could mean so many things, such as innovating online to alcohol essays fulfill prescriptions to improved customer service within their stores). Example of poorly written mission statements. A. FORTUNE 500 FOOD AND BEVERAGE COMPANY. Mission statement: “ The Company’s primary objective is to maximize long-term stockholder value, while adhering to the laws of the questions, jurisdictions in which it operates and at all times observing the cause alcohol, highest ethical standards.” Why it’s horrible: It does not serve as a rallying call for employees, suppliers, or partners. Thesis! Its objectives are obvious (what company does not want to effect maximize value) and borderline absurd (are there companies that do not want to adhere to local and federal laws)? Lastly, it does not mention what the company actually does.
B. Essay Tv Show! FORTUNE 500 VEHICLE PARTS SUPPLIER. Mission Statement: “ We are committed to attracting, developing, and keeping a diverse work force that reflects the nature of our global business.” Why its horrible: While a diverse workforce is certainly not a bad thing, only stating that as the alcohol, company’s mission statement is ineffective, lacks direction or focus, and completely misses the point of having a mission statement. This is predominately for businesses that have previous trading history, but can also be used by new companies that want to highlight relevant history on how the company came to 2013 existence, work completed to date, milestones achieved, etc. Some information you may want to include: Start date First location First product/service Significant milestones/events.
Reminder: keep in cause effect mind that there is no set rule as to the level of writing techniques detail you want to include. This is effect dictated by the relevancy of the information to the reader and how this information helps strengthen your plan’s ability to build credibility for your company. Every company is made of americanism 2013 milestones. Milestones for essays, a business are achievements that demonstrate the business is on the right track. They are best when quantifiable and measureable. For example, achieving a working prototype of your product, or getting to break-even, are both huge milestones that showcase your ability to execute and reduces subsequent risk of your company. Key concept: The more uncertainty that you can take off from the table, the better valuation you can get for your business. For businesses that have a retail or manufacturing component, this is an important section of essay contest winners 2013 your plan. Information you may want to include: Size (e.g.; in effect alcohol essays sq. ft.) Location/Address Other notable facts, such as equipment at ETL Functional Analysis, the facility. Location is important for a large number of cause alcohol essays retail businesses, whether you are a restaurant or purveyor of consumer products.
If possible, provide statistics about the thesis architecture proposal, retail location you have chosen or are planning to choose. Describe the lease terms you are able to secure, and cause effect essays, if there are any laws that protect the persuasive essay, lessee from unreasonable price increases. Effect Essays! You can read a detailed article about what to look for essay, in a lease agreement here. Provide detailed information on the manufacturing facilities. For example, your operation may require a reliable source of electricity and effect, water. Describe how the facility provides the business with these resources.
If the facility is pre-existing equipment or structures that can be leveraged, make mention of that. Location can be an thesis statement about comedy, important aspect of your business even if you are not in retail or manufacturing. For example, you might want to open your software company in Silicon Valley as that provides a competitive advantage from an employee recruitment and effect alcohol essays, fundraising perspective. If you operate out of a home office. Describe your future expansion plans, including expected date of expansion. Upon completing these sections, you will then be finished with the thesis architecture proposal, company and financing section of your business plan. Writing the cause essays, Products and Services Chapter. The products and services chapter of your business plan should be written clearly and descriptively, to help give investors a comprehensive understanding of the bread and butter of your business.
Your products and services section should include the following sections. Products and Services Chapter Sections. Products and Services Competitors Sourcing and Fulfillment (optional) Technology (optional) Intellectual Property (optional) Future Products and Services (optional) Your products and services are the lifeblood of your business – it’s what your customers need, and if you get this right, everything else will follow . Commonly referred to thesis statement comedy as “product lift”, which essentially means getting the secret sauce working. It means that customers want to buy your product/service, and you are filling a need that was previously not satisfied. Thinking in terms of benefits vs. Cause Effect Essays! features. What is the consumer really buying? For example, a person buying a Rolex watch is not only buying a device to tell time, but the proposal, prestige and effect alcohol, status that comes with a luxury product.
Think about what end benefit your product/service delivers. Of course, the functional aspects of your product/service are also important. Depending on what you are going to sell, think through the features it will provide, packaging, design, branding, quality, and other aspects that help position and/or differentiate it from competing products/services. You may have heard the architecture, business adage that acquiring a new customer is indefinitely more expensive then keeping an existing customer. One of the reasons this is true is the potential to sell additional add-ons, upgrades and substitute products/services to existing customers . Think about cause alcohol essays how you can drive incremental revenue. Whether it’s via subscriptions, repeat business, or annual contracts, you may be providing products/services that generate a recurring revenue stream. This is a good thing, because (1) your revenue can be more predictable and stable (2) you are maximizing earning potential . Think how you can generate recurring revenue, which is essay contest 2013 expressed with a metric called Lifetime Value per customer. You will complete the price you want to set your products/services in the Financial Plan chapter, and we also have a section for you to effect alcohol describe your pricing strategy; however it is advisable to architecture proposal start thinking about how you want to price your products/services. Competitive analysis is an extremely useful tool and one that should be revisited often as the competitive landscape changes over time. It starts with competitive analysis. Background (location, history, ownership) Financials (revenue, profitability) Products (product line, services, patents, licenses) Marketing (channels used and budget, pricing, alliances/affiliates) Personnel (headcount, notable executives, compensation, job openings) Market share Strengths, Weaknesses.
Tips on how to perform competitive analysis. The Internet makes this much easier then in days past. Cause! Some ideas: Google search using keywords that your customers would use to find you Look up industry association websites Look up directories such as Yahoo or Crunchbase Use Indeed.com to Analysis find your competitor’s job openings Competitor’s websites Find your competitor’s management team members on LinkedIn. Not only do you have to worry about current competitors you can see, but you have to be vigilant and be on cause alcohol essays, the lookout for essay questions, new entrants. For example, a company that already sells to cause effect alcohol essays your customer base may see your industry as a logical next step. You should consider the likelihood of new entrants high if: The industry sees high margins (its super profitable) There is unmet demand (more customers then suppliers) There are no major barriers to entry (does not take much to statement about start competing) There is effect alcohol future growth potential (such as mobile apps)
Much of essay questions this is common sense – if you see a market opportunity that no one is cause effect alcohol essays competing in yet, don’t expect that you will be alone for architecture proposal, long. Sourcing is simply the process of procuring goods and cause essays, services from essay questions, suppliers that are required for your company to cause alcohol essays make its products or deliver its service. Some things to consider when choosing and managing your suppliers: Cost: This is an gcse, obvious one – the lower the effect alcohol, price, the higher your profit margins will be. Payment terms: The longer you have to pay your suppliers, the more working capital you have on hand.
Reliability: You must consider how reliable your suppliers are and what would happen to your ability to operate if they cannot deliver. Scalability: As your business expands, will your suppliers be able to meet your needs? Fulfillment is simply the process of how your company delivers its products/services, from point of sale to delivery. There are several popular fulfillment options: Engineer to questions order: the product is designed and effect alcohol, built to thesis customer specifications (e.g.; large construction projects) Build to order: the alcohol essays, product’s design is standardized but manufacture of final product is grade essay based off of cause effect alcohol essays customer specifications (e.g.; aircraft and yachts) Assemble to order: the product is assembled to the customer’s specifications using pre-fabricated components (e.g.; Chipotles burritos, Dell computers) Make to essay winners 2013 stock: the product is manufactured in cause alcohol quantity based on expected sales of the product (e.g.; retailers) If you are going to be selling physical products and expect to essay winners hold inventory, then you should pay very close attention to how you forecast the amount of inventory you need to effect essays meet your projected sales. Too little inventory and you may not be able to meet demand. Persuasive Essay! Too much inventory and you tie up all of your cash on excess inventory. Some key points: Have accurate sales forecasts.
Use historical sales data if you have it, and make sure you account for seasonality. Effect Alcohol Essays! Have accurate inventory tracking. Use bar code scanning or equivalent to ensure there are no data entry errors. Utilize inventory management software. QuickBooks, Sage, and a plethora of contest 2013 other vendors provide a cloud-based solution for cause effect alcohol, you to manage and maximize your inventory levels. Technology in today’s business environment is persuasive essay tv show becoming more and effect, more important and serves as a source of competitive advantage. Take Wal-Mart or FedEx as two examples of companies that provide services (low-cost products and shipping), but utilize technology as a critical means of delivering those services. Wal-Mart uses a sophisticated supply chain management IT system to ensure its low prices.
FedEx uses technology to optimize delivery routes and times, which enables it to persuasive tv show ship to practically every corner of the globe, seamlessly and with very low error rates. Think about how technology plays a part in your business and if it is effect alcohol essays critical to your business operations. If technology is critical to your business operations, then you must think about your disaster preparedness and contingency planning . Depending on your business, you may want to create back-up copies of data and software, routine security checks, and securing physical assets. Persuasive Essay Tv Show! What would happen if you lost access to the technology? Think about alternatives that you could utilize. For example, if you license a piece of alcohol essays software and later down the creative techniques gcse, road decide that the cost is too high, is there a competitor who can license you an alternative?
If you have exclusive rights to a technology, either through a patent or through an effect essays, exclusive license agreement, this is a great competitive advantage and essay questions, one that you will want to cause effect alcohol describe in detail. There are two types of intellectual property that may be applicable to a business: industrial property (such as patents and trademarks), and copyright (such as novels and movies). If you have intellectual property that you want to protect, it is advisable that you seek the professional advice of a good Patent/IP Attorney , since this is a great way to provide a barrier to entry for architecture, your business. Intellectual property type 1: Industry property. These include inventions (patents), trademarks and industrial designs (trade secrets, trade dress). Cause Alcohol Essays! If you have any proprietary process or technology then it is writing techniques gcse recommended that you apply for a patent to protect your invention. You should apply for a trademark for essays, your company name and persuasive, logo as well. Intellectual property type 2: copyright. These include literary and artistic works such as novels, poems and plays, films, musical works, artistic works such as drawings, paintings, photographs and essays, sculptures, and architectural designs.
In 2011, counterfeit copyrighted and trademarked goods were a $600 billion dollar industry worldwide. Enforcing your intellectual property may be feasible from a legal point of view, but many times is not practical in practice. For example, Microsoft cannot possibly prosecute every single instance where its popular operating systems are copied and downloaded. IP and your employees and contractors. It is just as important to secure your intellectual property in writing relation to your employees and alcohol, contractors. Everyone should be required to sign an invention assignment agreement, which basically states that the company owns all works produced while contracted by thesis architecture the company.
In addition, you may consider handing out serialized notebooks for employees to cause effect alcohol essays use , so that if there is ever a conflict as to whom owns a piece of intellectual property, there is a physical record. If you have future products and thesis architecture, services planned, it is a good idea to describe the product roadmap and strategy behind it . A key concept is that of product lifecycle, which describes the stages of the life of a product. During this phase, your product will incur heavy promotional costs as you get the essays, word out. Americanism Winners 2013! You may discount the alcohol, price of the grade essay, product to encourage new customers. During this phase, you may focus on expanding your product to new segments in the marketplace, and expand the product line (for example, with new colors or other variations).
During this phase, you are enjoying the fruits of your labor. You may add new features to your product to essays stay competitive and to further differentiate your product from competitors. Marketing spend for your product starts to dissipate as sales of your product are in steady decline. After including all of this information, you’ll have completed the products and services chapter. Writing the ETL Functional, Customers and Market Analysis Chapter. The customers and market analysis chapter will give you an opportunity to describe what your customer segments are, what needs you are filling for them, and how these groups of cause effect essays customers are trending in terms of growth and behavior. This chapter also includes any regulatory restrictions specific to your industry. Customers and Market Analysis Sections. Market Overview Market Needs Market Trends (optional) Market Growth (optional) Industry Analysis (optional) Key Customers (optional) In the market overview section you are going to calculate the total market (referred to as Total Addressable Market) for your products, and then the segment of that market your business can capture.
Total addressable market can be thought of in several distinct levels. At the highest level is an estimate of the architecture proposal, total market given 100% saturation. Another way of looking at this is what would be the total market if one company had 100% market share. Once you have the cause, total addressable market, then you can estimate what percentage of this you can realistically capture. This, of course, is much harder to predict with accuracy. So the important thing to remember is to utilize strong sources for your assumptions.
For example, lets say you plan to open a high-end steakhouse in downtown Miami. To calculate your total addressable market, you might count how many high-end restaurants are in the downtown area and architecture, research the average annual sales for each restaurant. Then multiply the cause effect alcohol essays, two to get the total sales for all high-end restaurants. Grade Essay! This would be your total addressable market. Using the example above, we can then drill down to the next level and effect alcohol, determine what percentage of the market you can realistically capture. You might assume that you will take an equal share of the market, thereby decreasing all other competitor’s shares in the market.
Or you might offer cheaper prices, which you assume would take a larger percent of the market. Whatever your assumption, make sure it is creative techniques gcse well documented and logical. To obtain jaw-dropping product-lift you must solve a difficult and painful problem for the customer. And if there are competitors, you must solve the problem better than them, and enough so that customers are willing to switch to cause essays your company. Describe what problem your product is solving. Persuasive Essay Tv Show! If you are targeting multiple customer segments, make sure you go into cause alcohol, detail on how your product serves each customer segment.
Describe how your solution better solves customer’s pain points then your competitors. We as consumers are inherently lazy. We do not want to go through the time and cost of switching from one company’s product/services unless it is compelling enough, which is dependent on the switching cost. For example, there is techniques gcse virtually no cost to switch from cause essays, Coke to Pepsi. On the other hand, there is high switching cost associated with migrating from americanism winners 2013, a Mac to a PC. Cause Essays! To overcome this problem, describe how your product either is creative writing techniques gcse able to overcome customer’s inherent adversity towards switching products, or if your product is able to reach new customers and bypass switching costs altogether (in other words, instead of taking customers away from your competitors, you are creating a new market for your products). Understanding market trends at the macro level is critical for cause alcohol, various aspects of your business. ETL Functional Analysis! A growing or shrinking market is described in more detail in cause effect alcohol the market growth section. Below are some of the other factors that will affect market trends: The overall economy has a disproportionate effect on some businesses. For example, dog-walking services usually see a decline in sales as households reduce spending on non-essential purchases.
Government regulations and policies can completely alter an industry, so it is imperative that you are up to ETL Functional date on upcoming changes. For example, the cause alcohol, Jobs Act of 2012 allowed for the first time non-accredited investors to participate in private placement of securities. Architecture Proposal! This in turn has created a new market for crowd-funding websites to emerge to connect startups with all types of cause effect investors. You may be in an industry where political conditions have an impact on the bottom line. Americanism 2013! For example, if you count the cause alcohol essays, Dept. of Defense as one of your clients, then the across-the-board budget cuts (i.e.; Sequestration in persuasive the Budget Control Act of 2011) would surely have a negative effect on your business. If you build your business on top of a technology platform that will soon be replaced with a more cost affordable, powerful, and easier to use technology, then that will surely put you in effect alcohol essays a less advantageous position. Knowing technology trends is creative writing techniques gcse valuable in ensuring you are gaining a competitive advantage through the use of technology. Your customers may change their sensitivity to price depending on a variety of factors, including competition, macroeconomic conditions, and changing consumer tastes. Keeping an effect alcohol essays, eye on americanism contest winners, this trend will ensure you optimize your pricing strategy.
Market growth, mathematically, is simply measuring the change in market size from one time period to the next (usually in years). So if the market in the first year was $100 million and effect alcohol, $150 million the second year, then the market can be said to have grown by 50%. You will find that measuring market growth using historical market size data is much easier then forecasting market growth. Utilize publically available data sources, trade publications, market research firms, and government agencies to find much of this research. Being able to demonstrate a market is growing is obviously important – for example, the market for Blackberry accessories is clearly a declining market. Persuasive Essay Tv Show! Most investors and lenders will not want to see a new business chase after dwindling customers. On the cause alcohol, other hand, the market for Apple and grade essay questions, Samsung phone accessories have seen great growth and will continue to effect alcohol essays grow as those companies continue to add new customers. Your industry is defined as the group of companies that are related to you in terms of what you sell/how you derive your revenue. For example, Ford and Nissan are both in the automotive industry.
Ford and Nissan’s market (i.e.; customers) would be the creative writing techniques, end consumers who buy their cars. You will want to describe your industry name/classification (SIC/NAICS Code), which can be found on the Dept. of Labor website. Effect Alcohol! Understanding your industry’s dynamics is imperative to knowing it’s profit potential and attractiveness. A popular framework for conducting industry analysis is Porter’s five forces analysis, which analyzes an thesis statement about comedy, industry’s competitiveness (and therefore attractiveness). By performing this analysis you will have a clear picture of your competitors and how your company fits within the competitive landscape. If your industry has low barriers to entry and low switching costs, then expect increased competition, as there is alcohol essays little standing in the way for new entrants to enter the market and compete. If your industry is supplied by very few suppliers with little alternative but to source from those suppliers, then expect downward pressure on your margins. If your industry only persuasive tv show, has a small number of buyers, or there are many alternative products to choose from, then expect downward pressure on your margins.
If there are many substitute products in your industry and the switching costs between them are low, then expect substantial competition. An industry is very competitive if there are many competitors about the effect essays, same size, there is little differentiation between competitor’s products, and it is mature with little growth (so the creative techniques gcse, only way to grow is to essays take a competitor’s market share). Although your product may cater to many different sets of customers, you want to focus on thesis architecture, a select group that will be the cause effect essays, most likely to purchase your product/service and account for the lion’s share of your company’s revenue. For many businesses, you will soon realize that a large portion of thesis statement comedy your revenue comes from a small percentage of your customers. For example, Starbucks may realize their key customers are white-collar business types that purchase a cup of coffee every day, versus the student type that comes in cause alcohol essays once a month. When you can name your key customers.
If you are in a business where volumes are low and prices are high, then you should be able to name your key customers individually. Thesis Statement Comedy! In this case, you should describe in detail your relationship with each of them separately. If you’ve filled out this chapter, congratulations. Cause! Doing market research and customer analysis is a complicated and thesis statement comedy, time consuming task. Time to move on to the next chapter! Writing the Marketing and Sales Chapter. The marketing and sales chapter gives you an opportunity to describe how you will manage your sales force and effect alcohol, what sales activities they will conduct in order to thesis architecture close sales. Overview Positioning Pricing Promotion Distribution. In this section, summarize your marketing plan, being sure to include:
Positioning: Are you going to effect be the lowest cost provider or provide a differentiated product? Pricing: How will you price your products/services? Promotion: How will your market your products/services? Distribution: Where will your product/services be available? Tip: It will be easier to write this section after you complete the subsequent sections as the overview section summarizes key findings from the other section. Keep this section at creative writing gcse, the summary-level, as you will go into effect alcohol, further detail in the subsequent sections. Describe how you position your company within the competitive landscape. Will you compete on price, or will you differentiate your offering and writing gcse, stand out from your peers? For example, Wal-Mart positions itself as the low-cost provider in an industry, while Apple designs premium products to reach the luxury end of the market. Provide your product/service at the cheapest price point in the marketplace. There are three primary ways to achieve this:
Economies of Scale: For example, being able to turn more tables in a restaurant or produce more widgets in alcohol essays a factory. Grade Essay! The more you are able to produce from your asset, the cheaper it becomes. It will also be harder for your competitors to essays enter the market since you have fixed assets and experience that requires a large investment. Low operating costs: Keeping costs down across all aspects of the business, including: Standardization: Limited customization Outsourcing: Outsourcing labor to low cost production centers Thrift: Limiting advertising and RD spend Optimized supply-chain: By lowering inventory and negotiating with suppliers, companies can substantially improve their profitability and cash flow. Making your product/service unique by targeting a specific segment of the market is a compelling strategy, especially if: Your customers are not price sensitive The market is grade essay questions competitive Your are targeting a specific niche You can provide a product/service that is cause not easily copied. You can also achieve differentiation through branding and writing, marketing – for example, Starbucks sells premium coffee at a premium price point, primarily through the strength of their branding and not through the taste of cause effect essays their coffee. Determining the creative writing techniques, optimal price for effect alcohol, your products/services will require you to creative writing gcse think through several factors:
If you are going shooting for the low cost provider strategy, then you will want to effect alcohol price yourself accordingly. Likewise, if you are going for the luxury end of the market, then a higher price is often times a proxy for quality. How price sensitive are your customers? If your customers are making their purchase decision primarily based on price, then you will want to be sensitive to this. The price you set must be high enough to over your costs so you can turn a profit. Essay! There are, of course, exceptions.
For example, you might want to achieve economies of scale by maximizing units sold, or you might be maximizing revenue to achieve dominant market share. There may be regulatory/legal constraints on how much you can charge. For example, payday loan vendors are restricted in how much they can charge their customers. Looking at effect alcohol, what your competitors charge can give you a understanding of what current customers are accustomed to paying and will likely be willing to Analysis pay for your products/services. There are price points that consumers are psychologically more accustomed to, such as amounts ending in .99 or .95. In this section, you move from describing your marketing plan onto how you will convey your marketing message to your intended audience. What marketing channels will you utilize to reach your target customers? Depending on your business, traditional media may be an important component of alcohol essays your complete marketing toolbox. These would include television, radio, billboards, flyers, etc. In today’s environment few companies can afford not to have a strong online presence.
There are a myriad of options available. Each marketing channel must be carefully measured for effectiveness, as online marketing can quickly add up and comedy, consume a small business’s entire marketing budget. A website is cause alcohol a key component of your digital marketing efforts as it will be the creative writing, destination in which your online leads will first visit. Some online marketing options include: Search engines (i.e.; Google, Bing) Directories (Yelp, Angies List) Daily deals (Groupon) Email marketing Social media (Facebook, Twitter) Word of effect mouth marketing is by far the most profitable and powerful marketing channel available to any business. New customers that are referred to thesis about your business are more likely to purchase and more likely to continue referring your company. There are ways to boost word of mouth marketing, especially with the advent of effect essays social media. For example, asking a satisfied customer to like your business on Yelp and Facebook will potentially reach hundreds of their contacts, all with one click. Integrating social media into your word of mouth marketing strategy is invaluable for every business.
Blogging/Becoming a subject matter expert. Having a leading voice in your industry will help your business gain credibility from customers, suppliers, partners and competitors. You can start by participating on essay tv show, public forums and cause alcohol essays, blogs related to your business and adapting the adage “give more to get more”. How will your products be available? On one end of the thesis statement about comedy, spectrum is direct marketing, whereby you sell directly to your customers. Or if you manufacture your products, you might sell through distributors, who in cause alcohol turn sell to retailers, who in turn sell to consumers.
Three common models: Product is winners stocked in mass-market distribution channels. Examples include soft drinks, magazines, etc. Product is specialized and alcohol essays, sold through specialized channels. Examples include nautical computers and tooling/machinery. Product is about comedy only sold through an exclusive channel.
Examples include luxury products such as high-end motorcycles or designer handbags. The Internet presents an unparalleled opportunity to cause alcohol essays reach customers directly, as well as working with online channel partners to reach and sell to customers. Writing the Strategy and essay 2013, Implementation Chapter. The strategy and implementation chapter will give you an opportunity to define the effect alcohol essays, key milestones that mark meaningful progress towards your goals. It also includes sections that further elaborate on your competitors. Strategy and Implementation Sections.
Milestones SWOT Analysis (optional) Competitive Edge (optional) Strategic Alliances (optional) Milestones are the key events that demonstrate progress is being made , such as completing the company’s first prototype or breaking even. These provide a tangible way to ETL Functional measure the success of the business venture. Milestones are so incredibly important to a business yet are one of those things that can be easily overlooked. Why are milestones so important? Because they are a way to measure meaningful progress of a company that in effect, makes that company less risky (and therefore more valuable). A new company has an extremely high-risk profile – but as it meets tangible milestones, such as completing a prototype or breaking even, the company’s risk decreases. It becomes more apparent that the venture will succeed. Investors and lenders will be looking at what milestones your company has reached in order to create a fair valuation.
Milestones might include: Assembling company team First working prototype Filing/receiving patent or other IP Securing physical location for store First paying customer Breaking even Turning a profit* *If you can demonstrate not only turning a profit, but also sustaining that profit, then that is a huge milestone. SWOT Analysis is a useful technique for understanding your company’s strengths and weaknesses , while identifying both the opportunities open to essays your business and the threats it faces. Strengths and Weaknesses refer to internal factors in your company, such as: Employees and staff Physical assets such as equipment and facilities Financial assets. Opportunities and Threats refer to external factors facing your company, such as: Market trends Regulatory and legal Macroeconomic conditions Competitors. Competitive edge can be bucketed into four primary areas: cost, differentiation, innovation and operational effectiveness. Are you providing a product/service at a lower cost then your competitors? This is creative techniques a straightforward competitive edge that is very difficult to deliver. Providing the effect alcohol essays, lowest cost may require operating on razor thin profit margins or heavy investment in grade essay questions fixed costs in order to achieve economies of scale.
Are you providing a product/service that your competitors are not offering or cannot offer? This is a common strategy whereby you provide differentiated value in order to better serve customers and/or reach a portion of the effect alcohol, market that may be under-served. Are you leapfrogging your competition and providing a notably superior or new product/service? Popularized by persuasive essay tv show the book “Blue Ocean Strategy”, creating new demand in an uncontested market space is a powerful business strategy. Do you provide superior time to market or customer service?
For example, your customers may be willing to pay a higher price for better customer service . Nordstrom’s is an example of cause a company that uses superior customer service as a competitive advantage. Forging strategic alliances is a commonplace occurrence in business. There are a wide variety of alliances you might encounter, with various parties in which you do business. Even if you do not have any alliances, there may be an opportunity for a partnership in the future and that should be included in this section. You might have a supplier who has a disproportionate amount of influence and power of your business.
Striking a partnership in this case may decrease those risk factors and provide a competitive advantage over your competitors. You might have a large portion of ETL Functional your revenue coming from several key customers. Inking an exclusive agreement to lock in revenue would, for instance, give you predictable cash flow. It is not uncommon to partner with competitors under certain circumstances – for example, to set standards for the industry or to help further adoption of a technology. For example, Sony and Panasonic partnered together to increase the adoption of effect Blu-ray DVDs. Aligning your brand with another company is frequently used, especially if both brands are targeting the same demographic. For example, Samsung is the official sponsor of the Olympic games and thesis architecture proposal, will provide free mobile phones to cause effect alcohol essays all Olympic athletes. Upon completing these sections, your strategy and implementation chapter will be finished.
Writing the Financial Plan, Statements, and writing techniques, Sales Forecast Chapters. Writing the financial plan, financial statements, and sales forecast will be the most difficult part of your entire plan. It requires making a large number of intelligent assumptions about the size of the market you can realistically target, and the costs associated with making your product or rendering your services. These sections are the red meat of your plan — these are the chapters that any seasoned angel investor or venture capitalist will dig into to make sure they know they’re making a solid financial investment. Chapter 7: Financial Plan and Sales Forecast Sections. Sales Forecast Personnel Plan Budget Cash Flow Assumptions Loans and Investments Starting Balances Historical Financials Key Metrics for Success. Define the cause alcohol, price in which you will sell your products and ETL Functional, services, the cost it will take to effect alcohol produce or sell the product/service, and the number of units you will sell. Be conservative when making your estimates on the number of units you will sell, ensuring you have a reasonable methodology when making your forecast. It is highly recommended that you first complete the following sections as they lay the foundation for defining the sales forecast. Products/Services section: Defines what you will sell and at what price point; also seeks to define the essay, production cost Target Market section: Defines the size of cause essays your target market and what quantities you can sell.
Tip: Your sales forecast should sync with your Sales and Marketing plan. For example, if you plan on hiring several sales people nine months from the start of your business, you should forecast an increase in sales thereafter. This is the price you will sell your products/services. Fixed price: Suitable for most sales forecast modeling Price changes over proposal time: The price of your product/service may increase/decrease in price over time for effect alcohol essays, several reasons: Keep up with inflation Keep up with increased cost of raw materials or components Seasonal product – discount to offload excess inventory Promote new product – discount upfront to encourage sales, then increase later. This is the persuasive essay, direct cost of producing your product/service (at the unit level). Otherwise known as cost of goods sold (COGS). Fixed costs: Suitable for cause alcohol essays, most sales forecast modeling % of sales: A good way to forecast costs; as sales increase you can set the cost as a % of thesis proposal sales on a sliding scale.
Costs vary each month: The cost of your product/service may increase/decrease in price over cause time for several reasons: Economy of scale: the more units you produce, the cheaper it becomes to gcse produce them Bargaining power: the more units you buy from your supplies, the cheaper they become Seasonality: cost of raw materials may fluctuate based on time of year. This is the expected number of units you will sell. My units are constant: Not particularly suitable as most businesses will expect to have some growth over time. Units sold changes over time: The quantity sold of your product/service may increase over time for several reasons: Growing market share Finding new markets. Sales tax requirements vary by country and by effect essays products/services sold. In the United States, there is no sales tax at the federal level; however, many states levy selective sales tax on particular goods or services. Writing Techniques Gcse! Check with your state department of cause effect alcohol essays taxation if you are required to collect sales tax. If yes, you collect the sales tax from your customers and then remit the tax to the state each year. If the individual assumptions used for persuasive essay, each component of the sales forecast is accurate, so will the overall sales forecast. You should be able to explain where each number comes from, citing studies/research that validates your assumptions. The costs of hiring personnel are often the cause effect essays, largest expense of any business.
In this section, you will enter forecasted employees and contractors you plan to hire. The number of personnel you plan to hire and at what time is americanism essay more of an art then a science. Too much staff too soon and you’ll burn through your working capital. Too few staff and you’ll run the risk of alienating your customers and partners when you can’t deliver. A good way to think about your personnel plan is to think about the milestones you want your business to cause alcohol essays accomplish and persuasive tv show, what personnel are required to get your business there. You can always revise your estimates, so start off with your best estimate and come back to this section later. Tweak as needed so that your business model demonstrates profitability within your target time frame. The type of company you are building and the financing required also makes a big difference in your staffing plan. Effect! For example, if you are seeking venture capital that mean you are going to want to americanism essay winners 2013 hire and scale quickly in order to generate large revenues. Conversely, if you are seeking debt financing, you want to operate as lean as possible and maximize profitability so you can service your loans.
Fixed amount: Suitable for most situations. Changes over cause effect alcohol time: You might want to define a compensation plan for thesis statement about comedy, sales personnel that have an cause alcohol essays, annual bonus component, for example. Employee: If choosing employee you will have to consider certain employee taxes and Analysis, other considerations. Cause Effect Essays! Contractor: If selecting contractor, ensure that you are classifying said contractor correctly. In the United States, for example, you are legally required to provide employee-type benefits in certain situations even if you classify the Analysis, personnel as a contractor. If hiring employees, you will be responsible for additional costs such as (but not limited to) payroll taxes, worker’s compensation and health insurance, paid time off, training and travel expenses, vacation and sick leave, pension contributions and other benefits.
This is referred to essays the burden rate, which provides a truer picture of total labor costs than payroll costs alone. Burden rate only affects employees and not contractors. If unsure what to enter, 15% is a fair estimate. Explain the assumptions and methodology used to grade define the personnel your business plans to retain, including how you came up with your compensation figures and burden rate. Effect! For example, you might explain that as you plan to hire several sales people to coincide with the ETL Functional Analysis, release of cause effect essays a new product. Enter expenses you plan on incurring for your business. A good way to make sure you capture majority of your business’s expenses is to think through costs associated with each functional area of your business, such as product development, marketing and operations. Americanism Essay 2013! Categorize expense into cause alcohol, groups, such legal and administrative, rent and leases, and telecommunications. Do not include fixed asset expenses (assets whereby you derive value from for more than 12 months) such as a company van or computers. You will enter these in the next step.
Advertising Expense Amortization Expense Auto Expense Bad Debt Expense Bank Charges Cash Over and grade questions, Short Commission Expense Depreciation Expense Employee Benefit Program Freight Expense Gifts Expense Insurance – General Interest Expense Professional Fees License Expense Maintenance Expense Meals and Entertainment Office Expense Payroll Taxes Printing Postage Rent Repairs Expense Salaries Expense Supplies Expense Taxes – FIT Expense Utilities Expense Gain/Loss on Sale of Assets. Enter long-term asset expenses here. Long-term assets are comprised of two types: tangible and intangible assets. Fixed assets are tangible assets that provide value for more than 12 months, such as a company van or computers. Fixed assets are depreciated over cause effect alcohol its useful lifetime.
This is an accounting method that allows the business to allocate the costs of the asset over its life by gradually reducing its value. Common fixed assets: Land and Buildings Motor vehicles Furniture Office equipment Fixtures and ETL Functional, fittings Plant and machinery. Intangible assets are long-term assets that are not physical in nature. Intangible assets are amortized over its useful life. These might include: Intellectual property (items such as patents, trademarks, copyrights, business methodologies) Goodwill Brand recognition. Enter other short-term assets here, which most likely will be any prepaid expense that lasts for less than 12 months. Cause Effect Alcohol! Besides prepaid expenses, other current assets also include short-term investments and contest 2013, securities that are likely to turned into cash within a year.
A prepaid expense can be described as such: A 12-month office lease is signed with the cause effect alcohol essays, total lease amount of $12,000 being paid upfront. Classifying this as a regular expense would not be accurate because then the ETL Functional, PL Statement and Cash Flow Statement would both show the cause effect essays, $12,000 as a one-time upfront payment on the month it which it was made. This type of expense is better described as a prepaid expense, since the use of the office is spread out over a 12-month period of time and can be considered an thesis statement comedy, asset on the Balance Sheet that is expensed over time. By classifying this as a prepaid expense (or an cause alcohol essays, amortized short term asset) then the PL Statement would show the proposal, $12,000 prepaid expense spread across 12 months at $1,000 each month, while the Cash Flow Statement would reflect the $12,000 payment on month in which it was made. Under Assets, the Balance Sheet would then show the amount of Prepaid Lease that is remaining at the end of the accounting period. Enter an estimate for income taxes you expect to pay, which should be a summation of federal, state and cause effect alcohol, local income tax. Do not include other taxes such as property tax (should be entered as a separate expense) or employee-related taxes (this is essay tv show covered in the Personnel Section as the Burden Rate). As this is only an estimate, 100% accuracy is not required (if unsure what to enter here, use 20%). Dividends and distributions (for corporations and LLCs/partnerships, respectively) are payments to the company’s shareholders/owners, taken from the company’s profit. Dividends are typically paid out at the end of the fiscal year, while distributions can be given out at the discretion of the essays, owners.
You may want to set this to zero initially and see how the financials of your business model work out; then you can work backwards and determine how much of retained profit you want to distribute to owners/shareholders. Here you can explain any regular costs that are associated with running your business. What are the monthly or ongoing costs that you must pay to keep the grade essay, business up and running? For example, this could be paying monthly utilities and rent expenses for your office space, insurance, or any marketing or advertising costs. For a start-up, remember that there are always up-front costs or one-time costs associated with getting things started, so be aware of any of these expenses and effect, include them in your budget. Accounts receivable is defined as sales that the company has made but has yet to collect the money from the writing, purchaser. Most companies operate by allowing some portion of their sales to be on credit.
These types of sales are usually made to frequent or special customers who are invoiced periodically, and allow them to cause essays avoid the hassle of physically making payments as each transaction occurs. Persuasive Essay Tv Show! You want your accounts receivable to be as low as possible to increase your cash flow. Defining what percentage of your sales will be on credit. You want this percentage to be as low as possible, while keeping in mind that for effect alcohol essays, some businesses it is preferential to provide some credit to creative writing techniques gcse your best customers. Defining how long it will take to collect payment. Of the customers that you provide credit to, you need to define when they are to pay you back. The faster, the better your cash flow will look like.
It is typical to provide net-30, which is 30 days. Accounts payable is cause effect defined as short-term debt owed to suppliers and banks. It is to your advantage to negotiate longer payment terms with your suppliers, as it will improve your cash flow. Architecture Proposal! When looking at accounts receivable (what is owed to you) and effect alcohol, accounts payable (what you owe), the key thing to remember is that you want to be paid as soon as possible, and you want to pay others as late as possible (cash on hand is king). Defining what percentage of your purchases will be on credit. You want this percentage to be as high as possible, as that will improve your cash flow. However, ensure you are able to pay your vendors on the purchases made on creative writing techniques gcse, credit. Defining how long it will take to cause effect alcohol collect incoming payments.
How many days will it take, on average, to ETL Functional collect incoming payments? Select the typical number of days between when you make a credit sale and when the payment arrives. Keep in mind that shortening this period can vastly improve your cash flow. If your business will sell physical products and cause essays, you plan on keeping inventory on creative techniques, hand, then you need to define how many months of inventory you wish to keep on hand. The more months of inventory you hold on hand, the more cash is effect essays tied up in inventory. This will affect your cash flow. How much inventory should you carry? The ideal amount varies from industry to industry, and business to business.
A good place to find more information is trade associations for your industry. In order to improve your company’s inventory management, you will need to start by Analysis collecting good records on your inventory. Using inventory turnover rate as an indicator. Inventory Turnover Rate = Costs of Goods Sold (COGS) / average cost of inventory on hand. A low inventory turnover rate means that you may have too much inventory on hand. Understanding and managing cash flow is alcohol essays very important to any business. The time period for americanism essay contest, credit sales and effect essays, payments may depend on your suppliers or your industry. Paying and getting paid later rather than earlier can entirely change your cash flow projections. You can utilize this section to statement comedy explain any assumptions about cash flow, including details on the time period in which you will make and receive payments. How did you come to these assumptions and how will it affect your business? When taking out a loan, you borrow an amount of cause effect alcohol essays money (principal) from a lender, and essay tv show, are obligated to pay back at a later time (usually in installments).
You will typically pay interest on the loan. If you are seeking a loan then enter the amount, as you want to forecast the cause effect alcohol essays, financials assuming you have secured the thesis architecture proposal, loan. Personal vs Commercial Loans. For many small businesses, taking out a personal loan to finance growth is commonplace. These might include credit cards, home equity line of credit (HELOC), and essays, installment loans. If you have an essay contest winners 2013, existing small business, commercial loans can be obtained, which are based on cause alcohol essays, a variety of factors. Secured vs Unsecured Loans. A secured loan is a loan in which you pledge some asset (equipment, property, etc.) as collateral.
Unsecured loans (credit cards, personal loans) are not secured against a borrower’s assets. Interest rates will be higher for unsecured loans versus secured loans, for obvious reasons. If you have a pre-existing loan, then you can specify those details in the Starting Balances section. A line of credit is similar to a loan with the difference being that interest is not charged on the part of the thesis statement comedy, line of credit that is unused, and the borrower can draw on the line of credit at any time that he or she needs to. If you are seeking a line of credit then enter the alcohol essays, amount, as you want to forecast the gcse, financials assuming you have secured the line of effect alcohol essays credit. The line of credit may be classified as a demand loan, which means that any outstanding balance will have to be paid immediately at the financial institution’s request.
Investments include injections of cash into the business from you, other shareholders or owners, or investors. This typically refers to equity investments where investors contribute cash to the business in exchange for equity (ownership). In this section, you can describe how your business will be funded. If you are a startup, it is likely that the money you make from creative writing, sales will not cover all your business expenses so you may need additional sources of funding, such as taking out cause a loan, receiving investors’ capital, credit lines, or other ways of borrowing money. What type of funding will you acquire? At what point in your plan are you expecting these funds? For existing businesses only. The starting balances will be used to adjust the grade essay questions, balance sheet to essays take into account your company’s financial history. Important: all starting balances should be entered as they are at the start of your plan. Enter starting balances for essay, assets: Cash Accounts Receivable Inventory Other current assets Long term assets Accumulated depreciation.
Enter starting balances for liabilities: Enter starting balance for alcohol essays, Capital and Earnings: Enter your Recent Sales: One month before start date Two months before start date Three months before start date Four months before start date Five months before start date Six months before start date. If you are an existing business, you can enter past financial data here. This is optional and will be used to calculate historical financial ratios in the Financial Statements section.
For each year of architecture proposal your company history , include: $ Sales $ Gross profit $ Income from operations $ Net profit $ Current assets $ Current liabilities $ Inventory $ Total assets $ Total liabilities $ Total owner equity. Every business model has several key metrics that management can use to see if the business is alcohol healthy. For example, a restaurant might use the number of tables it can turn per night and the average revenue per thesis proposal, dinner. Effect Alcohol! Think about what levers make the most impact to essay questions your business. You will want to continuously track and essays, monitor these metrics to ensure your business model is thesis statement comedy working. Chapter 8: Financial Statements Sections. Profit and Loss Statements Balance Sheet Cash Flow Statement Financial Ratios. The Profit Loss (i.e.; income statement) shows your revenue, expenses, and profit. It is the most common of the three reports as it provides a view into alcohol essays, the company’s projected “bottom line”. The statement here is a read-only display, calculated automatically from the information you entered in the Sales Forecast, Budget, and writing, Personnel Plan sections. If you wish to cause alcohol edit or change any information, you may do so by going back to americanism contest winners 2013 those sections.
The statement here will update automatically. The balance sheet gives a snapshot of your company’s financial position at a given point in time, usually the last day of cause alcohol essays a fiscal period. Thesis Statement About! It is called a balance sheet because assets (what you own) will always equal the cause, sum of your liabilities (what you owe) and stockholder’s equity (your investments from stockholders plus money that your business earned that is put back into running your business). The balance sheet here is a read-only display. If you wish to change the balance sheet, you can do so by going back to the builder in the Financial Plan section. If you are an existing business, you have the option of thesis architecture adding starting balances under the effect alcohol essays, Financial Plan section. The cash flow statement displays the cash inflows and creative writing techniques, outflows from your operating, investing and effect, financing activities. Rather than providing an overview like the balance sheet, the cash flow statement will measure the thesis about comedy, change in cash during a period. In other words, how much money did you start and end up with? The statement here is a read-only display.
You can go back to edit the sections in the Financial Plan section in cause essays order to change the accounts affected in grade essay questions the cash flow statement. The Financial Ratios section gives a general overview of the health of your business. The report here is a read-only display. If you wish to change any of the cause, information, you may do so by editing the relevant financial information you’ve entered previously. The ratios here will update automatically. The Liquidity Analysis shows how solvent your company is, or how easily convertible to cash is the company in thesis architecture proposal case.
This is important in cause effect alcohol essays determining the ability of the business to meet its obligations, or paying off what it owes in contest 2013 debt. The Profitability Analysis shows the overall performance of the essays, company in its ability to make a profit. The ratios show how much of sales revenue is actual profit after taking costs and ETL Functional, expenses into account. The Debt Ratio shows how much of the business’s assets are financed by debt and how much of the business’s assets are financed by stockholders’ equity. The Investment Measures show ROI (Return on Investment) which is the percentage of the return (net profit) of the business divided by the cost of the investment.
The most common method of calculating ROI is to divide net profit by effect total assets. Finishing these chapters represents a massive achievement in completing your business plan. It is by far the most difficult chapter, as it requires doing somewhat complicated math to generate accurate financial statements. In all likelihood, you will need to hire an expert or accountant to help you create an accurate and detailed plan that adheres to realistic outcomes. To finish it off, you’ll need to write an appendix and a glossary of terms. Your appendix will be a more detailed version of the financial statements detailed in this chapter, and your glossary of terms will simply define the terms of your business that an investor may not understand. Upon including those chapters, your plan will be complete. Feeling inspired to start a business, but don’t know how to write a plan? We have a sample database of plans that you can look through to learn the different chapters and sections necessary to attract equity investments and loans. Although our examples are specific to thesis about comedy each industry, keep in mind that every plan will be unique depending on alcohol essays, your location, your customer base, and your own vision, so these will only ETL Functional, serve as a starting point for you and your dream.
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