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	<title>Jeff Henriquez Business Tips &#187; Business Plans</title>
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	<description>Business Tips and Financial Advice from Jeff Henriquez</description>
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		<title>Business Plans</title>
		<link>http://www.jeffhenriquez.com/business-plans.htm</link>
		<comments>http://www.jeffhenriquez.com/business-plans.htm#comments</comments>
		<pubDate>Thu, 25 Mar 2010 09:42:02 +0000</pubDate>
		<dc:creator>astrid</dc:creator>
				<category><![CDATA[Business Plans]]></category>
		<category><![CDATA[characteristics of the products]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[potential market]]></category>
		<category><![CDATA[project to start]]></category>
		<category><![CDATA[selling price]]></category>
		<category><![CDATA[type of cooperation]]></category>

		<guid isPermaLink="false">http://www.jeffhenriquez.com/?p=8</guid>
		<description><![CDATA[Can be defined as a document that will reflect the contents of a business project that aims to implement, and expand the definition of the idea to develop concrete ways to implement it. Therefore, the basic tools to track business development, forecasting and analyzing and comparing the results. In addition, when applying for any type [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: center;"><img class="aligncenter" src="http://magazine.asiabusinessinvestor.com/wp-content/uploads/2009/11/business-plan.bmp" alt="Busines plans" width="298" height="212" /></p>
<p>Can be defined as a document that will reflect the contents of a business project that aims to implement, and expand the definition of the idea to develop concrete ways to implement it.</p>
<p>Therefore, the basic tools to track business development, forecasting and analyzing and comparing the results. In addition, when applying for any<strong> <a href="http://www.jeffhenriquez.com/category/business-tips/start-business">type of cooperation</a></strong>, assistance or financial support, The Business Plan will be a business project finance business card, or prospective partner institutions, placing further demonstrate the thoroughness and professionalism promoter.</p>
<p>Next we see the outline of the possibility of a business plan:</p>
<p><span id="more-8"></span></p>
<p><strong>1.-Business project objectives and presentation of the promoter</strong></p>
<p>* Definition of the general characteristics of the <strong><a href="http://www.jeffhenriquez.com/category/business-tips/start-business">project to start</a></strong><br />
* Summary of project: total investment, personal and external resources, estimated sales, estimated, location &#8230;<br />
* Provide promoters: training, business experience &#8230;</p>
<p><strong>2.-Business activity: the product or service</strong></p>
<p>* Determine the characteristics of the product or service that would be a business enterprise<br />
* The market can be targeted and needs covering<br />
* Distinguishing<strong> <a href="http://www.jeffhenriquez.com/category/business-tips/start-business">characteristics of the products</a></strong> or services from competitors<br />
* Rules governing the manufacture or marketing of products or provision of services<br />
* Legal protection</p>
<p><strong>3.-Market</strong></p>
<p>* The definition of a market that will target the products or services: size, location, use, structures, types of customers, actual and <strong><a href="http://www.jeffhenriquez.com/category/business-tips/start-business">potential market</a></strong><br />
* Forecasts for market development<br />
* Competition: identification of competing firms, the same characteristics, market position, profits and losses from products or services with those of competitors, this reaction the market entrance of new companies &#8230;<br />
* Participation in the market provided</p>
<p><strong>4.-Marketing</strong></p>
<p>* Presentation of products or services<br />
* Setting the selling price<br />
* Market penetration, distribution channels, sales network &#8230;<br />
* Promotion, advertising, catalogs, discount &#8230;<br />
* Sales Forecasting<br />
* Warranty, service, after sales service &#8230;</p>
<p><strong>5.-Production</strong></p>
<p>* Determination of the manufacturing process<br />
* The selection of facilities and equipment<br />
* Provisioning, raw materials, suppliers, supply base &#8230;<br />
* Inventory management, raw materials, intermediate products &#8230;<br />
* Quality Control</p>
<p>6.-Location</p>
<p>* Criteria location<br />
* Land, buildings and facilities<br />
* Transportation and Infrastructure<br />
* Public support for location</p>
<p><strong>7.-Individual</strong></p>
<p>* Jobs to create<br />
* Grade distribution and allocation of responsibilities<br />
* Profiles of people to hire, knowledge, experience &#8230;<br />
* Recruiting<br />
* Work forms<br />
* Forecasts of employment growth</p>
<p><strong>8.-Funding</strong></p>
<p>* Economy project requirements, personal and external resources, public support &#8230;<br />
* Identification and selection of funding sources; formal banking, private banking, leasing companies &#8230;<br />
* Financial plan, project investment, projected pension income, balance pension &#8230;<br />
* Return on projects</p>
<p><strong>9.-formal aspects of the project</strong></p>
<p>* More legal form<br />
* Administrative procedures for doing<br />
* The task of the company&#8217;s accounting, tax, labor &#8230;.</p>
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