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BUSINESS PLAN DEVELOPMENT WORK SHEET

BUSINESS PLAN DEVELOPMENT WORK SHEET. NOI MINISTRY OF TRADE AND COMMERCE. SWOT ANALYSIS- STRENGTHS. DEFINE: LIST INTERNAL STRENGTHS OF THE BUSINESS (Exp: years of experience in the industry) 1. 2. 3. 4. 5. 6. 7. SWOT- WEAKNESSES.

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BUSINESS PLAN DEVELOPMENT WORK SHEET

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  1. BUSINESS PLAN DEVELOPMENT WORK SHEET NOI MINISTRY OF TRADE AND COMMERCE

  2. SWOT ANALYSIS- STRENGTHS • DEFINE: LIST INTERNAL STRENGTHS OF THE BUSINESS (Exp: years of experience in the industry) 1. 2. 3. 4. 5. 6. 7.

  3. SWOT- WEAKNESSES • DEFINE: LIST INTERNAL WEAKNESSES OF THE BUSINESS (Exp: not enough help/staff) • 1. • 2. • 3. • 4. • 5. • 6. • 7.

  4. SWOT- OPPORTUNITY • DEFINE: LIST EXTERNAL OPPORTUNITIES OF THE BUSINESS (Exp: location) • 1. • 2. • 3. • 4. • 5. • 6. • 7.

  5. SWOT- THREATS • DEFINE: LIST EXTERNAL THREATS OF THE BUSINESS(DECLINING MARKET; UNFAVORABLE ECONOMY, ETC) • 1. • 2. • 3. • 4. • 5. • 6. • 7.

  6. GOALS VS. OBJECTIVES GOAL- PLACE WHERE A RACE, TRIP, ETC ENDS;END STRIVEN FOR; PLACE TO PUT THE BALL OR PUCK TO SCORE; OBJECTIVE-REAL OR ACTUAL; NOT SUBJECTIVE; WITHOUT BIAS; (STEPS TO ACHIEVE/ACCOMPLISH A GOAL)

  7. OBJECTIVES

  8. OBJECTIVES

  9. DEFINITION OF GANTT CHART • 1. HORIZONTAL BAR CHART THAT PROVIDES A GRAPHICAL ILLUSTRATION OF A SCHEDULE THAT HELPS TO PLAN AND COORDINATE; • 2. TRACK SPECIFIC TASKS IN A PROJECT; • 3. HORIZONTAL AXIS THAT LIST TOTAL TIME SPAN BROKEN DOWN INTO INCREMENTS (FOR EXAMPLE, DAYS, WEEKS, MONTHS); • 4. VERTICAL AXIS THAT LIST THE TASK THAT MAKE UP THE PROJECT (FOR EXAMPLE THE STEPS TO ACHIEVE THE ULTIMATE GOAL); • 5. THIS CHART GIVES A CLEAR ILLUSTRATION OF A PROJECT STATUS; • 6. DESIGNED TO REFLECT WHAT IS CURRENT AND EXPECTED TO CHANGE; • 7. ILLUSTRATE THE START AND FINISH DATES OF THE TERMINAL ELEMENTS AND SUMMARY ELEMENTS OF A PROJECT

  10. GANTT CHART EXPLANATION (DEVELOPED AS A PRODUCTION CONTROL TOOL IN 1917 BY HENRY L. GANTT, AN AMERICAN ENGINEER AND SOCIAL SCIENTIST, USED IN PROJECT MANAGEMENT) • LIST ALL SPECIFICS TO ACHIEVE AND MONITOR RESULTS • 1. WHAT NEEDS TO BE DONE • 2. BY WHOM • 3. BY WHEN • 4. WHAT RESOURCES ARE NEEDED • 5. HOW WILL YOU MEASURE YOUR EFFORTS • 6. WHAT ARE YOUR RESULTS • 7. WHAT DID YOU LEARN GOAL: PROVIDE COMFORT TO THIS BABY ACTUAL FACT: USED TO CONSTRUCT THE HOOVER DAM AND OTHER INTERSTATE HIGHWAY PROJECTS

  11. ACCOUNTABILITY GANTT CHART DEFINE: LIST SPECIFICS TO ACCOMPLISH OBJECTIVES; COMPLETE ALL SECTIONS; SET REALISTIC BUT PROGRESSIVE TIME GOALS; STICK TO THEM

  12. ACCOUNTABILITY GANTT CHART

  13. BUSINESS ORGANIZATIONAL CHART

  14. BUSINESS EXPENSES

  15. BUSINESS MARKET SHARE ANALYSIS (FORECAST & ACTUAL)

  16. 1ST QUARTER- JANUARY; FEBRUARY; MARCH; NOTE: LOOK AT YOUR Q1 GOALS VS. ACTUAL AND MAKE ADJUSTMENTS • 2ND QUARTER- APRIL; MAY; JUNE; NOTE: DESIGN A 30/60/90 DAY PLAN OF ACTION TO RESPOND TO IMMEDIATE NEEDS OF YOUR BUSINESS • 3RD QUARTER- JULY; AUGUST; SEPTEMBER NOTE: SPECIAL ATTENTION PAID TO HOLIDAY AND SEASONAL VACATION TIME THAT COULD AFFECT YOUR BUSINESS; • 4TH QUARTER- OCTOBER; NOVEMBER; DECEMBER NOTE: USE THE LAST QUARTER TO REALLY PUSH HARD TO MEET AND EXCEED YOUR GOALS; REFLECT ON WHAT WENT WELL AND NOT SO WELL AS TO NOT REPEAT; BEGIN AND COMPLETE A NEW BUSINESS PLAN FOR THE NEW YEAR; CELEBRATE YOUR SUCCESS IN REMAINING IN BUSINESS ANOTHER YEAR!!! TRACK YOUR REVENUE DESIGN A QUARTERLY PROFIT AND LOSS STATEMENT

  17. PROFIT AND LOSS STATEMENT • DEFINED- • 1. AS AN OFFICIAL QUARTERLY OR ANNUAL FINANCIAL DOCUMENT SHOWING EARNINGS, EXPENSES, AND NET PROFIT. • 2. NET INCOME IS DETERMINED FROM THIS REPORT BY SUBTRACTING TOTAL EXPENSES FROM TOTAL REVENUE. • 3. SHOWS TRANSACTIONS OVER A GIVEN PERIOD OF TIME . DON’T RAISE YOUR BLOOD PRESSURE ALSO REFERED TO AS A P & L REPORT

  18. FOCUS ON TOP 5 BUSINESS GOALS (PLACE THESE GOALS ON YOUR REFRIGERATOR; AND YOUR CAR VISOR; ETC.) • 1. • 2. • 3. • 4. • 5.

  19. COOL BUSINESS LINKS FOR ENTREPERNUERS www.nationaltradeandcommerce.org www.ganttchart.com www.MyBizCounts.com www.brothersoft.com/.../profit-and-loss-statement-form.html www.bplans.com www.roadtowellbeing.ca/worksheets/goal-setting.pdf

  20. THANK YOU FOR YOUR PARTICIPATION! PICTURE- MUHAMMAD MOSQUE #15 BLUE SEAS RESTAURANT; MIN. TRADE AND COMMERCE TRAINING SESSION FOR BUSINESS OWNERS IN JULY 2009 PRESENTER: SISTER KATRINA X (MUHAMMAD MOSQUE #15, ATLANTA, GA) SISTERKATRINA@YAHOO.COM WWW.REDDAPPLEGALLERY.COM

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