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This will text determine what is needed in order to manage the expansion process, especially in regards to financing new facilities, expanding sales and marketing efforts, or designing a new communications infrastructure to meet the needs of the expansion. It is not unusual for consultants to be called during this type of planning, as the process often involves a drastic overhaul of the companys operations. Business planning may also be advantageous in the event of acquisitions. For example, company a decides to buy company b and integrate their operations into the overall company structure. This will often mean developing a business plan that addresses issues such as negotiating new service contracts with vendors to include the acquired company, combining some functions or physical locations in order to maximize efficiency, and rearranging departmental functions and the personnel who will staff. As with expansion, it is not unusual to call in consultants that specialize in various areas to help give the business planning a logical flow and develop a plan for completing the merger of facilities and other assets in a timely manner. In general, any type of business plan requires investigation, careful evaluation of all known factors, and projecting potential results of different options that are open to the company.
This open-ended process can take on a number of forms, some of them relatively simplistic, while others are extremely detailed and complicated. However, the basic task of business planning is necessary for the entrepreneur starting a new business, as well as the established company that wishes to expand through the launch of new products or by acquisition of competitors.
Reduce membership turnover by 30 by year-end 2004 (measured by number of students taking belt testing from white to blue). Develop a cashflow that allows for an investment build-up to support future expansion. 1.2 Mission, city dojo was established to provide a place where one can learn the art of karate, have fun in the experience, make a commitment to that learning and to use the knowledge as a "stepping stone" to an improved self, family and community. Students will leave the dojo, with an experience that will last a lifetime. 1.3 keys to success, create a unique, modern, clean and safe dojo environment.
Establishment, implementation and tracking of a budget and business plan. Building a solid board of Advisors base for both karate training and business issues of the dojo. Business planning is a process that involves the creation of a mission or goal for a company, as well as defining the strategies that will be used to meet those goals or mission. The process can be very broad, encompassing each aspect of the operation, or be focused on particular functions within the overall corporate structure. Often, it involves the use of resources within the company as well as engaging the services of consultants to assist in designing and implementing the plan. There are several points in the life of a business when the process of business planning is an essential task. Starting up a new company involves performing at least rudimentary planning to address such factors as defining the goals of the company, obtaining operating licenses, incorporating the business if appropriate, and defining the basic structure for the new business. Along with these factors, business planning will also address the issue of what goods and services to offer and how to go about producing those core products. A second stage when business planning comes into play is when an existing company wishes to expand operations.
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What was found is that there is tremendous opportunity in the martial Arts marketplace and that the dojo is in a solid position not only to exist, but thrive in the Martial Arts industry. The following plan will show how the dojo can increase from its current break-even point of 65 members to 200 members (80 of capacity) in three years. Sales growth, based on an expanded membership would increase from 65,000 in 2001, to 198,000 by year-end 2004. . The business plan suggests the dojo can generate considerable cashflow, if the business is operated on a full-time basis, offering its owner and any investor a healthy income. In order to accomplish this growth, the dojo requires a 20,000 loan to be repaid over eight years, secured by the owner's collateral in the form essay of a house. We recommend using liveplan as the easiest way to create graphs for your own business plan. Create your own business plan.1 Objectives, remodel and upgrade dojo by year-end 2002 including a new computer, new training mat, new store-front and visitor area, dressing room upgrade and repairs to sauna. Increase paid membership to 200 by year-end 2004 (equivalent to 80 of dojo capacity).
on business plan consulting and raising capital. Since 1964 City dojo (a karate school) has been a presence in its community. The dojo, owned and operated by the Shihan (head instructor) since 1975 has seen many changes at both city level and in the martial Arts industry. It is estimated that over five million Americans are currently involved in some type of Martial Arts training and while the boom years of the 1960's has past, a steady flow of new students continue to explore the industry. The location of City dojo and its surrounding area (a market of over 250,000 potential members) has traditionally been a hot bed for Martial Arts training. The dojo is at a turning point in its existence; expansion or closure. . Currently the City dojo is operated on a part-time basis (for the love of the art) offering little, if any income for its owner. The following business plan (the dojo's first) was developed as a vehicle to identify potential.
Hj ventures International, Inc. Specializes in: business plan consulting for startup companies, strategic business development, and introduction to capital. The company has raised millions of dollars in capital on behalf of its early stage clients. Business Plans, if you've realized that you need experienced professional assistance in raising business finance, then we can help you make your dreams a reality. With our outstanding track record in the initial finance of small startups, we know exactly what you need to attract the investment required. A vital part of this process is outlining and writing a business plan, after consulting widely with feasibility all players involved and firming up your vision. Your start-up company is too important to leave to chance.
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