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Starting an Indoor PlaygroundVIDEO ON THE TOPIC: Cooperative Games for Physical Education PE - Classroom Activities
Maybe you think you don't need a step by step guide to writing a great business plan. Maybe you think you don't need a template for writing a business plan. After all, some entrepreneurs succeed without writing a business plan. Does a business plan make startup success inevitable? Absolutely not. Where your entrepreneurial dreams are concerned, you should do everything possible to set the stage for success. We'll start with an overview of key concepts. Then we'll look at each section of a typical business plan:.
Many business plans are fantasies. That's because many aspiring entrepreneurs see a business plan as simply a tool--filled with strategies and projections and hyperbole--that will convince lenders or investors the business makes sense.
So a solid business plan should be a blueprint for a successful business. It should flesh out strategic plans, develop marketing and sales plans, create the foundation for smooth operations, and maybe--just maybe--convince a lender or investor to jump on board. For many entrepreneurs, developing a business plan is the first step in the process of deciding whether to actually start a business.
A good business plan delves into each of the above categories, but it should also accomplish other objectives. It proves a case. It provides concrete, factual evidence showing your idea for a business is in fact sound and reasonable and has every chance of success. Potential sources of financing. Financial statements can show where you have been. Financial projections describe where you plan to go. Your business plan shows how you will get there.
Lending naturally involves risk, and a great business plan can help lenders understand and quantity that risk, increasing your chances for approval. Potential partners and investors. Where friends and family are concerned, sharing your business plan may not be necessary although it certainly could help. Other investors--including angel investors or venture capitalists--generally require a business plan in order to evaluate your business.
Skilled employees. Early on, your business is more of an idea than a reality, so your business plan can help prospective employees understand your goals--and, more important, their place in helping you achieve those goals.
Potential joint ventures. Joint ventures are like partnerships between two companies. As a new company, you will likely be an unknown quantity in your market. Setting up a joint venture with an established partner could make all the difference in getting your business off the ground. Maybe the market isn't as large as you thought. Maybe, after evaluating the competition, you realize your plan to be the low-cost provider isn't feasible since the profit margins will be too low to cover your costs.
Or you might realize the fundamental idea for your business is sound, but how you implement that idea should change. Maybe establishing a storefront for your operation isn't as cost-effective as taking your products directly to customers--not only will your operating costs be lower, but you can charge a premium since you provide additional customer convenience.
Think of it this way. Successful businesses identify opportunities and challenges and react accordingly. Creating a business plan lets you spot opportunities and challenges without risk. Use your plan to dip your toe in the business water. It's the perfect way to review and revise your ideas and concepts before you ever spend a penny. Many people see writing a business plan as a "necessary evil" required to attract financing or investors. Instead, see your plan as a no-cost way to explore the viability of your potential business and avoid costly mistakes.
While it can be tough to fit on one or two pages, a good Summary includes:. I know that seems like a lot, and that's why it's so important you get it right. The Executive Summary is often the make-or-break section of your business plan. A great business solves customer problems.
So think of it as a snapshot of your business plan. Don't try to "hype" your business--focus on helping a busy reader get a great feel for what you plan to do, how you plan to do it, and how you will succeed. Your Summary describes the highlights of your plan, includes only the most critical points, and leaves out less important issues and factors. As you develop your Summary you will naturally focus on the issues that contribute most to potential success.
If your concept is too fuzzy, too broad, or too complicated, go back and start again. Most great businesses can be described in several sentences, not several pages.
Your business plan walks the reader through your plan. What ranks high in terms of importance? Product development? Acquiring the right location? Creating strategic partnerships? Once your Summary is complete, you can use it as an outline for the rest of your plan. Simply flesh out the highlights with more detail. Then work to accomplish your secondary objective by focusing on your readers. Even though you may be creating a business plan solely for your own purposes, at some point you may decide to seek financing or to bring on other investors, so make sure your Summary meets their needs as well.
Work hard to set the stage for the rest of the plan. Let your excitement for your idea and your business shine through. In short, make readers want to turn the page and keep reading.
Just make sure your sizzle meets your steak by providing clear, factual descriptions. Blue Mountain Cycle Rentals will offer road and mountain bike rentals in a strategic location directly adjacent to an entrance to the George Washington National Forest.
Our primary strategy is to develop Blue Mountain Cycle Rentals as the most convenient and cost-effective rental alternative for the thousands of visitors who flock to the area each year. Once underway we will expand our scope and take advantage of high-margin new equipment sales and leverage our existing labor force to sell and service those products. Within three years we intend to create the area's premier destination for cycling enthusiasts. Blue Mountain Cycle Rentals will be located at Mountain Drive, a location providing extremely high visibility as well as direct entry and exit from a primary national park access road.
The owner of the company, Marty Cycle, has over twenty years experience in the bicycle business, having served as a product manager for ACME Cycles as well as the general manager of Epic Cycling. Because of his extensive industry contacts, initial equipment inventory will be purchased at significant discounts from OEM suppliers as well by sourcing excess inventory from shops around the country. Due to the somewhat seasonal nature of the business, part-time employees will be hired to handle spikes in demand.
Those employees will be attracted through competitive wages as well as discounts products and services. While the outdoor tourism industry as a whole is flat, the park expects its number of visitors to grow over the next few years. The market potential inherent in those visitors is substantial. The cycling shops located in Harrisonburg, VA, are direct and established competitor. Our two primary competitive advantages will be location and lower costs. Our location is also a key disadvantage where non-park rentals are concerned.
We will overcome that issue by establishing a satellite location in Harrisonburg for enthusiasts who wish to rent bicycles to use in town or on other local trails. We will also use online tools to better engage customers, allowing them to reserve and pay online as well as create individual profiles regarding sizes, preferences, and special needs. Blue Mountain Cycle Rentals expects to earn a modest profit by year two based on projected sales. Our projections are based on the following key assumptions:.
Keep in mind this is just a made-up example of how your Summary might read. Also keep in mind this example focused on the rental business, so a description of products was not included. They'll show up later. In this case the products and services are obvious, so including a specific section would be redundant.
Providing an overview of your business can be tricky, especially when you're still in the planning stages. Think about what products and services you will provide, how you will provide those items, what you need to have in order to provide those items, exactly who will provide those items Consider our bicycle rental business example.
It's serves retail customers. It has an online component, but the core of the business is based on face-to-face transactions for bike rentals and support.
So you'll need a physical location, bikes, racks and tools and supporting equipment, and other brick-and-mortar related items. In our example, defining the above is fairly simple. You know what you will provide to meet your customer's needs. You will of course need a certain quantity of bikes to service demand, but you will not need a number of different types of bikes. You need a retail location, furnished to meet the demands of your business. You need semi-skilled employees capable of sizing, customizing, and repairing bikes.
In other businesses and industries answering the above questions can be more difficult. If you open a restaurant, what you plan to serve will in some ways determine your labor needs, the location you choose, the equipment you need to purchase
Implementing Rules and Regulations. Rule I. Definition and Basic Guidelines. Definition of Terms - For purposes of these Rules and Regulations, the following definitions shall apply:. Enterprises located in export processing zones are allowed to import capital equipment and raw materials free from duties, taxes and other import restrictions. However, movement of these imported goods from the free-trade area to a non-free trade area in the country shall be subject to customs and internal revenue rules and regulations.
Operations management for services has the functional responsibility for producing the services of an organization and providing them directly to its customers. These decisions concern the process, people, information and the system that produces and delivers the service. It differs from operations management in general, since the processes of service organizations differ from those of manufacturing organizations. In a post-industrial economy , service firms provide most of the GDP and employment.
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Maybe you think you don't need a step by step guide to writing a great business plan. Maybe you think you don't need a template for writing a business plan. After all, some entrepreneurs succeed without writing a business plan. Does a business plan make startup success inevitable? Absolutely not.SEE VIDEO BY TOPIC: Race To The Galaxy (formerly Space Colonies) cooperative activity
Looking to join the growing market for indoor playgrounds or want to boost an existing business? From to , the industry saw 1. Parents, teachers and caretakers are working hard to combat childhood obesity, resulting in high demand for engaging playgrounds. Whether you manage a museum, own a retail center, run a family-friendly restaurant, or want to start up a family entertainment center, adding an indoor playground or play attraction will attract families and help your business grow. A comfortable and enticing play area encourages families to take their time browsing, shopping, dining or socializing. You might consider adding indoor playground equipment to your business if you own or manage a:. When kids are happy, parents are happy.
This also covers the manufacture of modular housing components and machinery and equipment including parts and components. All projects for the manufacture of industrial goods and processing of agricultural and fishery products must utilize up-to-date and market-appropriate technology, and must comply with the Philippine National Standards PNS , as applicable. In addition, they must satisfy any of the following criteria to be qualified for registration:. Cement projects that will qualify for registration must at least start from clinker production.
Starting an Indoor Playground
The purpose of this paper is to clarify and explain current and potential benefits of space-based capabilities for life on Earth from environmental, social, and economic perspectives, including:. In what follows, we describe nearly 30 types of activities that either confer significant benefits now, or could provide positive impacts in the coming decades. The world already benefits greatly from space technology, especially in terms of communications, positioning services, Earth observation, and economic activity related to government-funded space programs. Since then, we have witnessed humans land on the Moon, flights of the Space Shuttle , construction of the International Space Station ISS , and the launch of more than 8, space objects , including dozens of exploration missions to every corner of the Solar System. In March, the US announced an accelerated schedule to permanently return humans to the Moon in Many other nations are also focused on a return to the Moon. One reason for this recent explosion in space-related activity is the plunging cost of launch to low Earth orbit LEO.
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This course introduces the fundamentals of American Sign Language and is designed for students with little or no previous knowledge of American Sign Language. Students will learn the basics of American Sign Language, including fingerspelling, signs, grammar, syntax, sentence structure, and basic communication skills. In addition, students will explore various facets of deaf culture. Prerequisite: ASL This course is a continuation of American Sign Language I and is designed for students who want to further develop their receptive and expressive fingerspelling and signing skills. The course builds on the basics of American Sign Language I, including fingerspelling, signs, grammar, syntax, sentence structure, and basic communication skills. In addition, students will continue to explore various facets of deaf culture. Provides the student with a broad overview of the discipline of Anthropology. The introduction presents the student with a history of the discipline.
Indoor Excavator. At Valley Indoor Hydroponics, we have extensive knowledge of hydroponics, hydroponics supplies, nutrients and indoor growing. Amazon's Choice for Indoor Growing Equipment. No pre-registration required.
Plans for , and results and outcomes of all provincial programs delivered by the Ministry of Heritage, Sport, Tourism and Culture Industries in The Ministry of Tourism, Culture and Sport helps to build a strong innovative economy and strong communities in Ontario through strategic support and investment in three key sectors — tourism, culture, and sport and recreation. The Ministry is committed to building a province that is an internationally recognized tourism destination of choice, with strong culture and sport and recreation sectors that focus on people first, the right economic conditions for growth, and leveraging the infrastructure and opportunities in local communities through partnerships and collaboration. Through its long-term plan, the Ministry aims to modernize service delivery, provide targeted supports and achieve cost efficiencies across the tourism, culture, and sport and recreation sectors, while contributing to improved return on provincial investments and increased fiscal stability.
When completing form T, Statement of Business or Professional Activities , form T, Statement of Fishing Activities , or form T, Statement of Farming Activities , you have to enter an industry code that corresponds to your main business activity. If your business has more than one activity, use the code that most closely describes your main business activity.
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