Business planning. Competitiveness. Operations. Financial position of the company. Strategic plan (most important)

Lecture notes, cheat sheets
Free library / Directory / Lecture notes, cheat sheets

Business planning. Competitiveness. Operations. Financial position of the company. Strategic plan (most important)

Lecture notes, cheat sheets

Table of contents (expand)

28. COMPETITIVENESS. OPERATIONS. FINANCIAL POSITION OF THE COMPANY. STRATEGIC PLAN

Competitiveness. This is a company's advantage, giving it the opportunity to increase its value at a faster growth rate than its competitors.

The information in this section is necessary to determine the market share and sales volumes of products. For complete analysis you need to answer the following questions: What market share will the company occupy after the period determined by your business plan? - Will new markets be created as a result of your strategy? - Will your company's customers be "received" as a result of the growth of the overall market capacity or will they be intercepted by competitors (specify them)? - What will be the reaction of competitors to the expansion or entry into this market segment? How will they respond to your actions?

operations. This section should contain all possible costs of the company in the production and sale of products: distribution system; - processes of patenting and licensing; - investment in production facilities; - key suppliers of raw materials, materials and components - the level of prices for raw materials, the forecast for the price level in two to three years; - remuneration of employees of the company; - rent.

Financial position of the company. This section includes the company's financial results in previous periods, including the balance sheet, income statement and cash flow statement. This information is taken from the company’s external financial statements (it is desirable that these statements be brought to IAS standards). This information is necessary for an investor to evaluate how effectively a company has operated in the past.

It is advisable to provide brief comments to the report, from which it will be clear what events affected the financial results obtained in each year presented. Comments should explain changes in sales volume, gross, operating, net income, etc. This will provide an opportunity to understand the volume of the company's financial operations.

Strategic plan. The company's growth strategy is the most important question, the answer to which should be contained in the business plan. What are the expectations for business growth based on, what is the main idea for future development? Do you plan to improve the company's efficiency by introducing new technological equipment or management systems? A strategic plan allows an investor to understand how a company plans to realize its opportunities.

There should be the following information: a description of the company's strategic development plan, portfolio and competitive strategy, growth opportunities and mechanisms for how they can be provided; - description of specific actions that will be implemented in the process of implementing the strategic plan; - a description of the expected effect of these actions on marketing and sales, costs, financing, human resources and production functions.

The strategic plan should align with other parts of the business plan and tie together all the statements made in the previous sections.

<< Back: The main stages in the development of the financial model (budgets) of the business plan. Preparation of the necessary initial information for the development of a financial model

>> Forward: Sales plan and production plan in the Project Expert system

We recommend interesting articles Section Lecture notes, cheat sheets:

▪ Medical statistics. Lecture notes

▪ Accounting. Crib

▪ Faculty Therapy. Crib

See other articles Section Lecture notes, cheat sheets.

Read and write useful comments on this article.

<< Back

Latest news of science and technology, new electronics:

The existence of an entropy rule for quantum entanglement has been proven 09.05.2024

Quantum mechanics continues to amaze us with its mysterious phenomena and unexpected discoveries. Recently, Bartosz Regula from the RIKEN Center for Quantum Computing and Ludovico Lamy from the University of Amsterdam presented a new discovery that concerns quantum entanglement and its relation to entropy. Quantum entanglement plays an important role in modern quantum information science and technology. However, the complexity of its structure makes understanding and managing it challenging. Regulus and Lamy's discovery shows that quantum entanglement follows an entropy rule similar to that for classical systems. This discovery opens new perspectives in the field of quantum information science and technology, deepening our understanding of quantum entanglement and its connection to thermodynamics. The results of the study indicate the possibility of reversibility of entanglement transformations, which could greatly simplify their use in various quantum technologies. Opening a new rule ... >>

Mini air conditioner Sony Reon Pocket 5 09.05.2024

Summer is a time for relaxation and travel, but often the heat can turn this time into an unbearable torment. Meet a new product from Sony - the Reon Pocket 5 mini-air conditioner, which promises to make summer more comfortable for its users. Sony has introduced a unique device - the Reon Pocket 5 mini-conditioner, which provides body cooling on hot days. With it, users can enjoy coolness anytime, anywhere by simply wearing it around their neck. This mini air conditioner is equipped with automatic adjustment of operating modes, as well as temperature and humidity sensors. Thanks to innovative technologies, Reon Pocket 5 adjusts its operation depending on the user's activity and environmental conditions. Users can easily adjust the temperature using a dedicated mobile app connected via Bluetooth. Additionally, specially designed T-shirts and shorts are available for convenience, to which a mini air conditioner can be attached. The device can oh ... >>

Energy from space for Starship 08.05.2024

Producing solar energy in space is becoming more feasible with the advent of new technologies and the development of space programs. The head of the startup Virtus Solis shared his vision of using SpaceX's Starship to create orbital power plants capable of powering the Earth. Startup Virtus Solis has unveiled an ambitious project to create orbital power plants using SpaceX's Starship. This idea could significantly change the field of solar energy production, making it more accessible and cheaper. The core of the startup's plan is to reduce the cost of launching satellites into space using Starship. This technological breakthrough is expected to make solar energy production in space more competitive with traditional energy sources. Virtual Solis plans to build large photovoltaic panels in orbit, using Starship to deliver the necessary equipment. However, one of the key challenges ... >>

Random news from the Archive

Laser Internet for Africa 14.11.2020

Alphabet's Taara has entered into an agreement to deploy a network of laser internet communication stations in sub-Saharan Africa.

Today, the main way to connect cities and other settlements to the Internet is underground cables, but there are many areas on our planet where it is unprofitable or even impossible to lay them for various reasons. In this case, wireless Internet can help - from mobile to satellite, but satellite communications are still very expensive. Some companies believe that in this case it is possible to place signal repeaters on stratospheric balloons or high-altitude drones.

Others, such as Taara, backed by Econet, are suggesting the use of a laser, which can transmit data much faster than radio. As part of a pilot project, engineers are going to develop communications in sub-Saharan Africa - primarily in Kenya. Separate sections of the fiber-optic network will be connected with a laser in places where laying a cable is difficult.

These include, for example, rivers and national parks, as well as areas where armed groups are active. As conceived by the developers, the technology will provide speeds of up to 20 gigabits per second with a distance between stations of up to 20 kilometers. To do this, a pair of infrared laser transmitters must be placed at high altitude - on the roofs of houses or specially built towers. A line of sight must be maintained between a pair of transmitters.

Other interesting news:

▪ Where and when were horses first tamed

▪ Electron studies nanostructure

▪ Bacteria will find explosives

▪ The most necessary sciences

▪ Volvo cars with touch controls

News feed of science and technology, new electronics

Interesting materials of the Free Technical Library:

▪ section of the site Lecture notes, cheat sheets. Selection of articles

▪ article Lermontov Mikhail Yurievich. Famous aphorisms

▪ article How did a supersonic fighter pilot shoot himself? Detailed answer

▪ article Noose with half bayonets. Tourist tips

▪ article Intercom. Encyclopedia of radio electronics and electrical engineering

▪ article Voltage converter for cell phone chargers, 12/300 volts. Encyclopedia of radio electronics and electrical engineering

Leave your comment on this article:

All languages of this page

Home page | Library | Articles | Website map | Site Reviews