Meaning Of Business Plan

Neither owns more than 15%, but both are active participants in management decisions.AMT has been caught in the vise grip of margin squeezes that have affected computer resellers worldwide.In service and support, we offer a range of walk-in or depot service, maintenance contracts, and on-site guarantees.

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Although the chart titled "Past Financial Performance" shows that we've had healthy growth in sales, it also indicates declining gross margin and declining profits.

The more detailed numbers in Table 2.2 include other indicators of some concern: As can be seen in the chart, the gross margin percentage has been declining steadily, and nventory turnover is getting steadily worse as well.

Unfortunately, we cannot sell the products at a higher price simply because we offer services; the market has shown that it will not support that concept.

We must also sell the service and charge for it separately.

Copies of our brochure and advertisements are attached as appendices.

Of course, one of our first tasks will be to change the messaging of our literature to make sure we are selling the company, rather than the product.We are also under pressure to improve our understanding of the direct-connect Internet and related communications.Finally, although we have a good command of desktop publishing, we are concerned about improving integrated fax, copier, printer, and voicemail technology into the computer system.Our margins are declining steadily for our hardware lines. (add relevant information) Our margins are thus being squeezed from 25% from five years ago to closer to 13 to 15% at present.A similar trend shows for our main-line peripherals, with prices for printers and monitors declining steadily.This example is provided as part of the instructions and detailed descriptions included in the Components of a Business Plan.By focusing on its strengths, its key customers, and the company's underlying core values, Acme Management Technology will increase sales to more than million in three years, while also improving the gross margin on sales and cash management and working capital.We make sure that our clients have what they need in order to run their businesses at peak performance levels, with maximum efficiency and reliability.AMT is a 10-year-old computer reseller with sales of million per year, declining margins, and market pressure.This business plan leads the way by renewing our vision and strategic focus of adding value to our target market segments—the small business and high-end home office users in our local market.It also provides a step-by-step plan for improving our sales, gross margin, and profitability.

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Comments Meaning Of Business Plan

  • What is a business plan? definition and meaning.
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    Definition of business plan Set of documents prepared by a firm's management to summarize its operational and financial objectives for the near future usually one to three years and to show how they will be achieved.…

  • Business Plan Definition - Entrepreneur Small Business.
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    Business Plan. Definition A written document describing the nature of the business, the sales and marketing strategy, and the financial background, and containing a projected profit and loss statement. A business plan is also a road map that provides directions so a business can plan its future and helps it avoid bumps in the road.…

  • Business plan definition and meaning Collins English Dictionary
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    A business plan is a detailed plan for setting up or developing a business, especially one that is written in order to borrow money.…

  • Sample Business Plan An Example -
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    The following business plan for the fictional firm of "Acme Management Technology" AMT is an example of what a completed business plan might look like. This example is provided as part of the instructions and detailed descriptions included in the Components of a Business Plan.…

  • Business Plan Definition - Investopedia
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    A business plan is a fundamental tool any startup business needs to have in place prior to beginning its operations. Usually, banks and venture capital firms make a viable business plan a.…

  • Business Plan Definition What Is a Business Plan?
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    A business plan is a document that summarizes the operational and financial objectives of a business and contains the detailed plans and budgets showing how the objectives are to be realized. It is the road map to the success of your business.…

  • What is business plan? - Definition from
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    A business plan is a document demonstrating the feasibility of a prospective new business and providing a roadmap for its first several years of operation. Business plans are often shared with funding agencies, potential investors and venture capitalists to obtain the funding required for a startup.…

  • What Is a Business Plan? Bplans
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    In its simplest form, a business plan is a guide—a roadmap for your business that outlines goals and details how you plan to achieve those goals. Here's what a business plan entails, and how to choose what type is right for your business.…

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