Essay Available:
Pages:
15 pages/≈4125 words
Sources:
5 Sources
Style:
APA
Subject:
Business & Marketing
Type:
Term Paper
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 93.96
Topic:
Business plan development part 2
Term Paper Instructions:
Business Plan Part 2: Executive Summary, Technology, Management, Sustainability, Development and Financials
Business Plan Part 2
Executive Summary, Technology, Management, Sustainability, Development and Financials should address each of the following sections and the information required within each section. Number of total pages range from a minimum of 10 to a maximum of 20, not including References and the optional Appendices.
Executive Summary (4 points)
This is the single most important part of your business plan. You will want to write the executive summary last, after you have carefully considered all other aspects of your business.
Your basic business concept makes sense
Your business itself has been thoroughly planned
The management is capable
A clear-cut market exists
Your business incorporates significant competitive advantages
Your financial projections are realistic
Investors or lenders have an excellent chance to make money
Technology Plan (4 points)
This section of your business plan gives you a framework to better understand the scope of your technology needs and assist you with creating a realistic technology budget.
Role of technology in your business
Description of technologies and uses
Technology plan (cost, security, training, etc.)
Global technology concerns
Management & Organization (4 points)
Potential investors will thoroughly examine the backgrounds of the management team that will be running your company.
Describe management team and roles
Your management structure and style
Board of directors
Advisory committee
Consultants and other specialists
Key management personnel to be added
Management compensation & incentives
Globalization and management
Social Responsibility & Sustainability (4 points)
Considering this section thoroughly can bring many benefits to your company. Demonstrating integrity and being good corporate citizens, help to build your corporate culture, attract employees and gain visibility for your business.
Describe how your company is socially responsible
What are benefits of social responsibility?
Ethics
Social activities
Globalization and social responsibility
Development, Milestones & Exit Plan (4 points)
This section shows how you have carefully considered how your company will grow over time. Investors will be interested in how they can recoup the money they have invested and they will recognize and value a well thought out and realistic exit plan.
Future Goals
Strategies and priorities
Milestones achieved to date and future milestones
Risk evaluation
Globalization
Exit plan
The Financials (5 points)
This portion of your business plan will consist mostly of the actual financial projections.
Income statement form (annual by month OR quarter for one year)
Cash flow projections form (annual by month OR quarter for one year)
Balance sheet
Assumptions sheet
Optional Appendix:
Not required and will receive no points. You may use an Appendix if you think it adds value to your business plan.
The Plan's Appendix:
Use this part of your business plan to provide information that is too extensive to be included in the other sections of your proposal.
Letters of intent/Key contracts
Endorsements
Photos
List of locations
Market research results
Resumes of key managers
Technical information
Manufacturing information
Marketing material
Work schedule
Floor plan
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This is part 2. I still have 10 days till the due date but i thought its better to put the order earlier as this part is a bit bigger. I attached 2 sample papers and the rubric. You have part 1 so this is the rest of the plan you already developed and created. Please let me know if you needed any help or had you have any questions.
I appreciate your help
Term Paper Sample Content Preview:
Business Plan Part 2
Student’s Name
Institution Affiliation
Course Title
Instructor’s Name
Date
Business Plan Part 2
Executive Summary
My Yoga Network is a business founded by Ram Bhakt in Long Beach, California. It was founded as a business committed to leading and changing the yoga market through holistic healthcare and promoting people’s well-being. People engage in yoga mainly because it is a calming and peaceful sensation that helps them grow physically, emotionally, and psychologically fit. For My Yoga Network, incorporating technology in such exercises does not only simplify yoga. My Yoga Network plans to implement three primary types of yoga technology in different exercises to benefit customers. First, the Nadi X wearable technology will be implemented to help beginner practitioners experience yoga more simply. My Yoga Network will also implement yoga Smartwatches. Yoga practitioners will wear them on the wrist and help them measure their heart rate, physical well-being, and calories, allowing them to keep up with their mental and physical conditions.
The planned use of yoga technology in My Yoga Networks in the form of yoga smartwatches, wearable, Nadi Technology, and interactive yoga mats indicates the increase of technology in the industry. The choice of technology by My Yoga Network is based on the industry needs, meeting the needs of the client or practitioners, low maintenance, considered leading edge, ability to upgrade, ease of use, and functionality. With extensive knowledge and experience in various fields, such as healthcare administration, management of organization, and technology, the My Yoga Network leadership team is well-placed to steer the company forward. In My Yoga Network, the management structure is hierarchical, involving a chain of command from the CEO at the senior management levels and executives in the advisory board, and extends to general employees.
The board of directors at My Yoga Network is composed of the advisory board, CEO, and executives. The company’s CEO is Mr. Ram Bhakt. The other directors include Jaime Lewis, Anita Schill, Adhana McCarthy, and Claudia Cardin-Kleffner. The advisory committee of My Yoga Network comprises five members who engage in activities such as studying critical issues that impact the company, reviewing staff recommendations and reports, conducting independent research, and hearing public testimony. The key management personnel to be added to the leadership team are the chief financial officer and operations manager. Considering the management team lacks these two essential officials, the company needs to add the CFO to its top-ranking officials to help manage its finances. After hiring stellar candidates, My Yoga Network plans to create and manage the compensation initiatives by determining the payroll and rewards system. The company plans to have different options for paying yoga staff by candidly conversing with the team. The yoga industry is experiencing significant interconnected developments in globalization and commercialization. My Yoga Network understands these concepts, and it plans to create concepts of yoga and remediate them to suit the changing political and social needs through new discourses and institutions.
THE COMPANY
My Yoga Ne...
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