Bus 604 Venture Screening Paper
Venture Screening Debra Maddox BUS 604
The business plan is a written proposal that identifies the intended company, analyzes the business situation, lists planned operations, and projects financial data. It puts your business ideas into written form. Planning is critical to a successful business. Types of plans vary according to the needs of the business. For example, plans …show more content…
Planning helps you determine the purpose of the business. It also helps you know where you are, where you want to go, and how to get there. A plan gives you a path to follow as you seek your goals. It provides details for potential lenders to examine. Lenders must gain insight into your situation before deciding whether or not to lend you money. The business plan serves as a communication tool to consultants, advisers, investors, future employees and suppliers who need to learn about your operation and objective. Collecting data causes you to discuss your proposed business with specialists in your field of interest. Banks and other lending institutions vary in their business requirements. Lenders are taking a risk when they lend money to a new business. Therefore, the plan must convince them that your business has the potential of a making a profit, enabling you to repay the borrowed money.
Business Plan …show more content…
This option is selected because it will fit our needs the best. Having the ability to be considered self-employed, and sharing of profits are subject to the self-employment tax with each partnership having at least one partner. A value proposition in business and marketing is a statement summarizing the customer segment, competitor targets and the core differentiation of one 's product from the offerings of competitors. A company 's market contribution normally extends further than its core product to include services, programs and systems rudiments. Value Propositions essentially translates this market offering into a proclamation of the benefits a customer will derive (Barringer, 2010). References
Business Organization, sole proprietorship, limited partnership, corporation, business law. (n.d.). How to Start a Business, Write a Business Plan & Finance a Business. Retrieved from http://www.myownbusiness.org/s4
Perez, William (n.d.). Tax Implications in Choosing a Type of Business Organization. About Taxes - Federal Tax Tips, News, and Planning Advice from About.com. Retrieved
The business plan is a written proposal that identifies the intended company, analyzes the business situation, lists planned operations, and projects financial data. It puts your business ideas into written form. Planning is critical to a successful business. Types of plans vary according to the needs of the business. For example, plans …show more content…
Planning helps you determine the purpose of the business. It also helps you know where you are, where you want to go, and how to get there. A plan gives you a path to follow as you seek your goals. It provides details for potential lenders to examine. Lenders must gain insight into your situation before deciding whether or not to lend you money. The business plan serves as a communication tool to consultants, advisers, investors, future employees and suppliers who need to learn about your operation and objective. Collecting data causes you to discuss your proposed business with specialists in your field of interest. Banks and other lending institutions vary in their business requirements. Lenders are taking a risk when they lend money to a new business. Therefore, the plan must convince them that your business has the potential of a making a profit, enabling you to repay the borrowed money.
Business Plan …show more content…
This option is selected because it will fit our needs the best. Having the ability to be considered self-employed, and sharing of profits are subject to the self-employment tax with each partnership having at least one partner. A value proposition in business and marketing is a statement summarizing the customer segment, competitor targets and the core differentiation of one 's product from the offerings of competitors. A company 's market contribution normally extends further than its core product to include services, programs and systems rudiments. Value Propositions essentially translates this market offering into a proclamation of the benefits a customer will derive (Barringer, 2010). References
Business Organization, sole proprietorship, limited partnership, corporation, business law. (n.d.). How to Start a Business, Write a Business Plan & Finance a Business. Retrieved from http://www.myownbusiness.org/s4
Perez, William (n.d.). Tax Implications in Choosing a Type of Business Organization. About Taxes - Federal Tax Tips, News, and Planning Advice from About.com. Retrieved