Business proposal Essay Example | Topics and Well Written Essays - 1250 words

Business proposal - Essay Example Category 1 to category 4 represent some of the different periods that the business may experience during its operations and assists in developing an individual expense report since high category of 4,will mean high periods of the business and necessary adjustments to the expense report made. Therefore, expenses entail on the type of category experienced. During high categories such as category 4, expenses reduce since the category expects high expenditure affecting savings of the business. Series 1 and 2 shows some of the downs and falls of the business. It enables an individual to determine the periods of savings and expenditures of the business and hence reducing costs and maximizing on profits. Saving from wages enables an individual to have plans for future development of the business. Some of anticipated problems in developing the business plan include lack of enough financial resources and inadequate time for the individual business expense report to take effect. The use of SMART (specific, measurable, applicable, reliable and time range aspects) analysis helps in solving some of the major problems experienced in development of the business proposal. The use of SMART analysis enables the problems of development in the business proposal solved and enable for the progress of the proposal. The use of SMART analysis enables one to compare current household expenditure with future developments of the same expenditure. Specific Problems of the business are handled easily and using realistic approaches of SMART analysis, solutions of the future are managed using an individual expenditure report. Therefore, the development of a business proposal has many varied benefits to the business, which enables prosperity and developments of the company in many varied and effective ways. Period of SMART analysis enables for the existence of an average annual pay of sixty thousand, which enables business individuals and

Develop and document the scope of a project Research Paper

Develop and document the scope of a project - Research Paper Example They are Marketing and Sales departments. The corresponding departments in the sister company also perform the same function and are highly interdependent. These departments are very essential if not the most important departments for both companies in case of undertaking the project of releasing the new product to the market. This is so because of the strategic role the departments play in the successful realization of the project implementation (Dervaes, 1998). This paper tries to give a brief scope of the project with a clear outline of some important issues that concern the project. Some of the issues that are outlined in the scope include, but not limited to: the deliverables in the project, the specific limitations of the project and its scope together with the specific exclusions and assumptions that come with the project while implementing the project. These assumptions are specific to the operations that are undertaken in the distribution chains in Winsome sales department. Some of the specific deliverables that are expected from the project include meeting the sale volumes that have been set by the sales and marketing departments of both companies. The company plans to double the sales volume in the next fiscal year as a result of an introduction of the new product. This could mean that the Sales department would be required to increase their human resource capacity by contracting more staff to help in the achievement of these targets. Alternatively, Winsome manufacturing would procure the services of its sister company. To choose one among these two options, the company will undertake an analysis to find out which of the two options is a better one concerning the financial obligations that each project requires. If procuring the services of the sister company is the cheapest option, there must be specific terms and conditions that should be agreed upon in order to make sure the company will succeed. The factors that affect the project also include it s limitations and challenges. They must be well addressed in order to help the company successfully meet its targets without obligatory affecting other products (Dervaes, 1998). A steep competition from the other firms in the industry must be considered. Elaborate plans to counter their influence must be adhered to in order to achieve the overall objective of the company which is to double its sales volume in the next fiscal year. There are key elements of the products that must also be addressed like the branding which will help market the new product. Its pricing structure must also be addressed well with intense marketing also done. Some of the specific exclusions that must be identified in order to be certain that the venture succeeds include excluding this particular project from the other products that have been manufactured by the company. This product should be given a lot of emphasis with its features and advantages made known to all the customers who would be as well poten tial buyers of the product. Other existing products that the firm is producing in the market should also be excluded in the general analysis of the firm performance (Mathur, 2006). There must also be proper communication channels between the two companies and strategic customers. These means that all the information regarding the product must be made available to sales representatives of both Winsome and the sister company, and they should be able to pass the same