We are also supporting Novell, Banyon, and Microsoft networking, Xbase database software, and Claris application products. Put together all the business financial plans that you would like to realize based on your goals and objectives. William B. Gartner, an entrepreneurship professor at Clemson University in the US, believes business plans are essential. The following business plan for the fictional firm of "Acme Management Technology" (AMT) is an example of what a completed business plan might look like. It is also somewhat common to plan 5 or 10 years into the future. What should be in your one-pager? I will buy 3 or 4 shops and run my shops and have another business such as futsal court or restaurant and anything that have a good prospect. Increase our non-hardware sales to 20% of the total sales by the third year. AMT is a privately-held C corporation owned in majority by its founder and president, Ralph Jones. We are also starting to see that same trend with software...(add relevant information). By focusing on its strengths, its key customers, and the company's underlying core values, Acme Management Technology will increase sales to more than $10 million in three years, while also improving the gross margin on sales and cash management and working capital. Plan to achieve your big vision with our ready-to-use strategic roadmap template. Below is an outline for a simple business plan format. 1. A similar trend shows for our main-line peripherals, with prices for printers and monitors declining steadily. We have very good indications that many would rather pay 10 to 20% more for a relationship with a long-term vendor providing back-up and quality service and support, however, they end up in the box-pusher channels because they aren't aware of the alternatives. Free Business Plan Template PDF with Download Link. Our networking capabilities include... (add relevant information), In software, we sell a complete line of... (add relevant information), In training, we offer... (add relevant information). We need to offer a real alliance that feels personal. We cannot build the service and support revenue into the price of products. “An effective business plan is a flexible, growing and dynamic tool that can help you think creatively and come up with new solutions for some of your toughest business challenges,” she says. This Mini Business Plan will help you formulate the key questions you should ask yourself if you want to be self-empaloyed. Along with sales, it includes a training area, service department, offices, and showroom area. Definition, Usage, Examples in Advertising. In business, planning for the future is as difficult as it is necessary. The benefits we sell include many intangibles: confidence, reliability, knowing that somebody will be there to answer questions and help at critical times. By using ThoughtCo, you accept our, Sample Business Plan for Acme Management Technology, What Is Demographics? Our estimate in this plan for the home offices in our market service area is based on an analysis published four months ago in the local newspaper. What can you refer to, ensuring you aren't straying from your original vision? We have Store 1 and Store 2 already within the valley, and Store 3 is expected by the end of next year. By focusing on its strengths, its key customers, and the company's underlying core values, Acme Management Technology will increase sales to more than $10 million in three years, while also improving the gross margin on sales and cash management and working capital. For the focus of our plan, the most important are those that are real businesses offices from which people earn their primary income. These naysayers argue that most business plans are theoretical, unrealistic and go out the window the first time the entrepreneur encounters an unforeseen hurdle. That's all there is to it--a document that desribes what you plan to do and how you plan to do it. Smart business people who aren't computer hobbyists need to find quality vendors of reliable hardware, software, service, and support and they need to use these quality vendors as they use their other professional service suppliers—as trusted allies. A professional business plan or general plan always aim to define what the subject of the plan is about, steps in getting to that goal, and action or emergency plans or contingency plans in worst-case scenarios of something going wrong. The market can't bear the higher prices, and the buyer feels ill-used when they see the same product priced lower at the chains. File Format. Our collaterals have to sell the store and visiting the store, not the specific book or discount pricing. We say that our target market has 10 to 50 employees, and requires five to 20 connect workstations in a local area network, however, the definition is flexible. I am an active leader of Youth for Christ and some organization in our church and school. If you’ve spent time preparing a longer plan, that’s okay. “You’re two-and-a-half times more likely to get into business,” he observes. Its specifications include: (add relevant information), The Power User is our main up-scale line and our most important system for high-end home and small business main workstations, because of (add relevant information) Its key strengths are: (add relevant information) Its specifications include: (add relevant information), The Business Special is an intermediate system, used to fill the gap in positioning. So, opt for a one-page business plan that’s easily digestible and lists only the important things like mission, vision, etc. The high-end home office business is a business, not a hobby. We haven't had much success in selling service contracts. Our focus group sessions indicated that our target home office buyers think about the price but would buy based on quality service if the offering were properly presented. But now I realize that there are so many other steps I need to take in order to achieve these so-called goals. “That's powerful.”  Alyssa Gregory, an entrepreneur and writer for the likes of Forbes and the New York Times, says the process of putting together a business plan can help with new ideas, different approaches and fresh perspectives. We could also reach out to local news outlets to let them know we have experts who are able to address issues relating to technology for small business/home offices should the need arise. For years, we have supported both Windows and Macintosh technology for CPUs, although we've switched vendors many times for the Windows (and previously DOS) lines. What Is the Importance of Breakeven Point Analysis? Many of our information applications are mission-critical, so we assure our clients that we'll be there when they need us. We need to establish our business offering as a clear and viable alternative to the price-only kind of buying for our target market. Training, service, installation, networking support—all of this must be readily available and priced to sell and deliver revenue. But the pro-business plan lobby argues that, when market conditions unexpectedly change and you’re thrown into disarray, it’s important to refer to the original vision and belief system that you started out with. Sample from 200 slide designs and 30 color themes to never build the same business plan twice. Sell $2 million of service, support, and training by 2022. A lengthy document is likely to be unread — particularly by younger-generation employees with short attention spans. While there may be a requirement in this area, the primary use of these important planning tools is to help you manage your business on a day-to-day basis. Find 3 sample business plans here to help you launch your hospitality business.. 13. Mini Business Plan - example. Sales Forecast … (numbers and percentages). Earnings (over three years)—$437,411, $366,761, $74,652, The Super Home is our smallest and least expensive, initially positioned by its manufacturer as a home computer. You're reading Entrepreneur South Africa, an international franchise of Entrepreneur Media. AMT is built on the assumption that the management of information technology for business is like legal advice, accounting, graphic arts, and other bodies of knowledge, in that it is not inherently a do-it-yourself prospect. Food and Farming. Free Download. We have to sell our service and support. 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