Nobody downloaded yet

Business Plans and Analysis - Essay Example

Comments (0) Cite this document
Summary
An essay "Business Plans and Analysis" reports that one of these business plans are intended to be seen as an example of either a good or a bad business plan; instead, they are to be viewed as vehicles towards understanding positive and negative components of each…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.2% of users find it useful
Business Plans and Analysis
Read TextPreview

Extract of sample "Business Plans and Analysis"

Download file to see previous pages As such, the operability, initial investment figures, marketing scope, time to implementation, existence of external investment, effects that technological change will have on the plans, as well as an analysis of likely consumer response will all be weighed as a function of the likelihood that each plan has towards implementation and overall success. Likewise, it is worth mention that neither one of these business plans are intended to be seen as an example of either a good or a bad business plan; instead, they are to be viewed as vehicles towards understanding positive and negative components of each. Business Plan 1: http://www.businessplans.org/Momentex/Moment00.html The first business plan that this analysis will weigh relates to Momentex LLC and their proposed line of Gulp N Go products. Momentex would like to target the untapped market of vending services that are located within toll booths throughout the United States. The plan exhibits multiple strengths. Firstly, regardless of what one thinks of the business plan, it is undeniable that the proximity of the product to the customer is perfectly positioned. The second strength ties in alongside this proximity and evoke the strength of suggestion while the customer is already in the process of making a financial transaction – all of which further encourage him/her to make an impulse buy while at the toll booth. Lastly, for this proximity and these powers of suggestion during a financial transaction, the firm has very few costs associated with marketing as the product is positioned 24/7 and practically free marking takes place at the point of sale on a daily basis. With respect to the weaknesses exhibited in this plan, the first of these regards the legal impacts of commercialization of the toll booths and what this may portend with respect to state, local, cross-jurisdictional, and tax laws. In effect, a public good (roads) will now be turned into a way of further generating funding for private businesses. This fact in and of itself has a host of both legal and ethical dilemmas associated with it. Secondly, and perhaps most importantly, there is the issue of traffic flow. Toll booth areas are already high traffic areas that usually only exist in major metropolitan cities. As such, having tens of thousands of people each and every day pausing as to what particular snack or drink they would like to choose while others wait in the queue behind them is a recipe for compounding already tense traffic problems. Lastly, the issue of payment will need to be hashed out. With a non-uniform system of payment already existing at most toll booths, how the customer will pay for the goods becomes a primary question (Lawther, 2000). If with cash revenues will be noticeably lower as fewer and fewer people carry cash. If with the credit card will the same credit card be used to pay the toll? If with a pay-pass for high-frequency travelers will the beverages and food by debited from the same funds that the customer has loaded on the card or will they need to be paid separately? This particular business plan could be improved by measuring the indirect effect that the sale of these goods will have on traffic patterns and wait times for other customers. If a thorough analysis is performed and it is found to adversely affect the commute in a measurable way – it is fairly obvious that the business plan should be abandoned as the negative press and aggravation it will cause will doubtless render the plan futile. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Business Plans and Analysis Essay Example | Topics and Well Written Essays - 1500 words - 1”, n.d.)
Retrieved from https://studentshare.org/business/1455835-engineering-manegment
(Business Plans and Analysis Essay Example | Topics and Well Written Essays - 1500 Words - 1)
https://studentshare.org/business/1455835-engineering-manegment.
“Business Plans and Analysis Essay Example | Topics and Well Written Essays - 1500 Words - 1”, n.d. https://studentshare.org/business/1455835-engineering-manegment.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Business Plans and Analysis

SWOT Analysis of Lesson Plans

...? Assignment Three: Rich Task Three Annotated Lesson Plans followed by Lesson-by-lesson SWOT Analysis 2. Summary 3. References Annotated LessonPlans ESL Bridging (SOSE) Lesson Plan 1 Lesson Number:1 Time of Lesson 1.48pm on 18/07/2011 Duration of lesson 72 minutes Class Size 8 Topic and Focus Australian Map and Map Reading Year Level(s)/ages of students : Year 9 Language Level(s) S1 Aims: The Beginner level students will be familiar with the map of Australia. The Advanced level students will learn the population, geographic features and native plants and animals. Language objective(s) Beginner students are to focus on the pronunciation and meaning of the new key vocabularies: coastline,...
14 Pages(3500 words)Assignment

Specification of writing business plans

...? Business Planning Table of Content Introduction 3 Goals of business planning 4 Process of business planning 5 Description of the Company 6 Description of the Product 8 Market Analysis 8 Production Plan 9 Organizational Plan 10 Marketing Plan 12 Financial Plan 14 Risk Analysis 20 Conclusion 21 References 23 Appendixes 24 Business Planning Introduction In the conditions of changeable economics, stability and success of every economic player can be insured only by effective planning of its...
23 Pages(5750 words)Essay

Business - Incentive Plans

...and which are undesirable to employees. One particularly interesting incentive program that the U.S. Army employs is the Targeted Selective Reenlistment Program. Under this program, soldiers with a low cost of serving in an undesirable location accept a bonus and are sent to an undesirable location; on the other side, soldiers with a high cost of serving in an undesirable location reenlist but decline the bonus. According to Carrell and West (2007), game theoretic models predict significant benefits to the U.S. Army in terms of continuing the TSRB program—primarily from the fact that it is a group-based pay plan, and group-based pay plans seem to have effectiveness in retaining lower-ability employees in...
3 Pages(750 words)Term Paper

Depend on business plans you analysis

...Business Plan Analysis A business plan contains documented steps of strategic goals and how steps to achieve the goals for the success of a business. It highlights the business structure, the trend of the company, the growth achieved in a period, products, and services offered. It also contains the financial analysis, marketing strategy, and the competition of the company. The outline given in the textbook on how to write a business plan has the following segments; Objectives, cash flow, balance Sheet, Break even analysis, examples, budget, income...
3 Pages(750 words)Essay

Comparing two business plans

...into the recommendations provided to both the businesses for overcoming the weaknesses and challenges and maintaining their position in the market. Table of Contents Table of Contents 3 Introduction 4 Analysis 4 Findings 7 Conclusion and Recommendations 9 References 10 Introduction The project deals with the comparison of two business plans. This would help in analysing of their strategic short term and long term strategies followed by their financial accounting control methods. This would further help in finding out the strengths and weaknesses related to the strategic business plans of the two chosen companies and providing suggestions...
6 Pages(1500 words)Lab Report

Analysis of Sequential Lesson Plans

...Analysis of Sequential Lesson Plans In recent times, much emphasis has been laid on the ideal way to design curriculums and lesson plans so that every student can receive the maximum benefit from pedagogical instruction. In the United States, the government's implementation of the No Child Left Behind program has given rise to many changes in the structure of classroom instruction, as also to curriculum design. This paper examines a sequence of four lesson plans used with the same class in accordance with the system of curricular differentiation with reference to their theoretical suppositions, and evaluates how effective they may be in terms of practical utility....
18 Pages(4500 words)Dissertation

Presenting Business Plans

...V-Music. Guitars at a new level. Content 2. Market 3. Product 4. Organizational structure 5. Marketing 6. Financial management Executive summary: V-Music is an import based business and is a partnership firm. We deal in importing and selling high quality guitars. We will target a mass audience and the prices will be comparatively lower against other international brands. Online promotion and selling is also going to be a key part of the firm. Business Description V- Music is a company that is going to sell fine quality guitars to its customers. These guitars will be imported from several cities and will have the cutting edge in quality. Our sole aim will be to create a new brand which is going to compete with brands like Gibson... firm and...
4 Pages(1000 words)Research Paper

Business Plans

...Business Plan Business Plan A business plan is “any plan that works for a business to look ahead, allocate resources, focus on key points, and prepare for problems and opportunities” (Berry, n.d.). It contains the detailed plans in marketing, finance and operations of a business. It outlines the objectives of the business and how these objectives will be met. Many companies who start their business do not have a business plan because they think that it is too costly. Some people who want to start a...
1 Pages(250 words)Assignment

Depend on business plans you analysis

...Business Plan Analysis A business plan is a plan that captures the future needs of the company, allocates resources for those needs, and has details of problems and solutions to the projected problems. It also contains opportunities that the company is to take advantage. It gives comprehensive information about the products and services that are offered, the financial analysis, marketing strategy, and the competition. I obtained two online sources, Ford Motor Business plan (Ford, 1-5) and the AMREF Business plan (AMREF, 1-5). The AMREF...
3 Pages(750 words)Essay

Multiyear Plans and Analysis

... of Charlottesville Financial Analysis of Charlottesville Financial Analysis Financial Analysis refers to the assessment of the profitability, stability and viability of a business entity or project. It is based on information derived from the financial statements including the Balance Sheet, Statement of Cash flow and the Income Statement, a single financial statement cannot give full information about the firm but together they provide useful information (Gibson, 2012). The main objective of this essay is to carry out a financial analysis on City of Charlottesville. Ratios are useful in making comparison between different entities or between a single company’s performances over time. We analyze data as revealed by the City... of...
3 Pages(750 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Business Plans and Analysis for FREE!

Contact Us