Thursday, August 29, 2019
Depend on business plans you analysis Essay Example | Topics and Well Written Essays - 750 words - 2
Depend on business plans you analysis - Essay Example The outline given in the textbook on how to write a business plan has the following segments; Objectives, budget, income statement, cash flow, balance Sheet, Break even analysis, examples, and a summary. These two companiesââ¬â¢ business plans have different elements compared to the outline given in class. The only common elements were the costing and the financial analysis. However, there are varied differences with the Ford Motor Company and AMREF business plans. The business plan by AMREF has an executive summary that has a description of the companies plan. An introduction, the mission, and values of the company follow. The partnership descriptions, strategic fundraising, strategic directions, management of the business planning process, monitoring, evaluation and costing are the elements in the plan. On the other hand, the Ford Motor company business plan has an introduction that contains main aspects of the company, its aims, and policies. It has an analysis of the current business environment and its viability plan. The last aspect in the plan is a summary of the issues raised in the plan and responses to questions that had been raised. The style used in the business plan is the official recommended style of writing. In the two online sources, they capture background information about the company, the vision, and objectives. It also contains the business details of the company, services, and products, and financial analysis of the company. The two plans have been written using first pronoun and no cited references. A convincing business plan must be official, written in first-person and in cases where information is outsourced it should be well referenced. The details of a business plan are critical. The way the details have been presented should be in an organized, flawless, and systematic way. This is essential if the plan is to be
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