Archive for the 'Uncategorized' category

A Guide to Renew Car Insurance Policy in UAE

Jan 21 2024 Published by admin under Uncategorized

Buying or Renewing Car Insurance in UAE is a systematic and delicate process and customers that own cars like Toyota, Nisan, KIA, Mercedez-Benz, Mitsubishi and BMW should exercise caution and also be patient while selecting the reputed insurance companies that are operating in the UAE. It is imperative to note that the UAE insurance market is sizable and there are lots of reputed Car Insurance Companies like Noor Takaful Insurance, New India Assurance, Oman Insurance and Qatar Insurance Company which sells both Third Party Insurance and Comprehensive Motor Insurance policies to the citizens living in the UAE.

If you are planning to buy or renew your Car Insurance Dubai, first and foremost thing you should consider is the reputation and trustworthiness of the broking firms which are operating in Dubai and other Emirates. If you fall into that category, then you should buy or renew a car insurance policy through www.InsureAtOasis.comsince this company is only digital broking firms in the country of the UAE which has successfully sold thousands of insurance policies through its portal. Recently this digital broking firm which is breaking its records in policy sales was chosen by MBRIF for the best innovative ideas for its accelerator programme since this firm uses AI-enabled digital online platforms for issuing insurance policies. The majority of the customers that purchased varieties of insurance policies through this portal have expressed their satisfaction and given the best ratings for it.

Policy renewal through the digital platform at breakneck speeds

It is imperative to note that this AI-powered online digital platform also acts as a Car Insurance Compare portal wherein the customers can compare the premium rates of various insurance companies after logging in to the power-packed portal. If you are looking for Car Insurance Renewal, the next simple step you should take is log in to InsureAtOasis on this sophisticated portal and follow a few simple steps which will lead you to payment gateway. Once you pay the premium successfully, the policy will be delivered instantly on your screen which you can download and to your mailbox. It should be noted that all these complex processes which start from signing in to policy issuance will culminate within 5 minutes.

No other insurance broking firms in the country of the UAE house this type of state-of-the-art AI-enabled online digital policy issuance platform like InsureAtOasis which stands tall in policy, claim and customer management. If you want to be a part of the fastest-growing broking firm, then logon to and Renew Car Insurance in a flash of a second. You will be surprised by their personalized services and offerings and bind with this company professionally for a lifetime. If you are a regular traveler that visits foreign countries like the USA, UK, Japan, China, and Singapore, then you can instantly buy Travel Insurance policy on the run through this portal and get your policy within three minutes hassle-free. If you are looking out for budget-friendly and affordably priced car insurance policies then this portal should be your preferred choice.

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8 Tips on How to Manage Your Finances

Jan 21 2024 Published by admin under Uncategorized

Budget management is not taught in schools and universities, although it is a very useful skill. Only life will help to master it. By trial and error, each person creates their own personal financial algorithm – someone starts to earn more, others try to save more. These are the ways of financial management, which make life much easier.

There is no single correct opinion about the control and management of the budget, but some general advice will help to better understand this issue.

Constant lack of money, even with an increase in income, is a sure sign of careless attitude towards finance. Before you borrow money again, you should stop and think about what you’re doing wrong.
Find additional sources of income that don’t require much of your time. You can start occasionally writing for money or become a trader on ns forex.
Analyze your life for thoughtless spending. You can do it in different ways – calculate it manually, on the computer or even on the smartphone app. This way it will be possible to identify a “black hole”, where all the money goes.
The next step is planning. If you are serious about putting your finances in order, planning will add confidence in the present and future.
You need to optimize both costs and income. Monthly obligatory expenses are the first thing to be allocated from the general budget. It is not possible to leave this part of the expenses without a later date.
For those who feel like shopping is a cure-all for depression, sadness and other unpleasant emotional downturns – it’s not. Having refused today from the unnecessary trinket looked after in a rush of boredom, it is possible to save a considerable sum for a month. It is not necessary to postpone the purchase of things of the first necessity, but it is better to take a closer look at the purchases for a longer time. Having studied the market, you can find a better quality and cheaper product.
There is an unwritten rule – do not spend money immediately on the day of payroll. As a rule, this is the time when most unnecessary and thoughtless purchases are made.
Strange as it may seem, the moral side is also important in matters of financial management. Do not put money at the heart of everything. Wealth should not be an end in itself, and the main thing in the pursuit of paperwork is not to lose humanity.
And on the other hand, be sure to remember that for the development and further implementation of their goals, including spiritual ones, you need a reliable financial pillow. Start to manage your budget now and safely go far away!

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How to know if a short term line of credit or small business loans are right for your business?

Jan 21 2024 Published by admin under Uncategorized

As a business owner, additional financing is a must and the most necessary element for any business to run is money. There are small business loans and short-term credit lines offered by the lenders for the purpose of making it convenient for the individuals to avail of the loan. If your business regularly experiences fluctuations in the cash flow and will require additional funds to cover up the expenses, then a line of credit will be a great option to choose from. A small business loan can be used for many purposes like, for purchasing inventory, hiring and training employees, paying salaries, investing in expansion, etc.

A short- term line of credit will give access to the funds that can be used for business expenditures, where a fixed amount of credit will be credited when you need the amount, then that has to be repaid all at once or in periodic installments. This credit line is not a better option for business expansion or to make large purchases for the business like purchasing of equipment. It is very difficult to pay back the borrowed loan amount when you make large purchases.

Although short-term credit lines have advantages, they are not right for each one. So, before taking on one, answer the questions and then choose.

How much do you really need?
It is very important to know how much amount is needed to get the need fulfilled. If you take the loan amount more than needed, then it will be a burden to pay the interest rate every month to the lender. So, the amount that you plan on taking should be carefully analysed and then use the amount wisely on the needful requirements.

How quickly can the borrowed amount be paid?
If you are planning on to apply for a revolving line of credit, repayment terms will be flexible when compared to other traditional loans. The monthly payments should be made on time and upon default, then there will be a legal action taken by the lender against you.

The interest rate charged on business line of credit typically follows the prime lending rate which means the rate might fluctuate over time. Once you start using your line of credit, the interest rate will be charged automatically.

How strong is the credit score?
The credit score has a major role playing in giving the loan to the borrower. Many lenders do not wish to take a risk or burden when the borrower does not make the payment on time. Line of credit or business loans are given to the businesses who are established in the market for a minimum of two years and should have good credit score, even if the business does not have a great credit score, they should have a proven track record of revenues and profits and a week credit rating can also be improved by making timely payments and keeping a low balance. This good credit score will make it easier to secure future funding from the lenders.

Like every business needs financing for their business, both short-term line of credit and business loans have their own advantages and disadvantages, and only you know which one will suit them best. In case you are unable to choose, then the lenders will help you out with it.

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Online Marketing For Offline Businesses – How to Use a Free Consultation to Get Them to Opt-In

Jul 08 2023 Published by admin under Uncategorized

Lately, I’ve been writing about different tactics businesses can use to get their prospects and customers to opt-in to their email list. There are many different ways to entice prospects, customers, and clients to submit their names and email addresses and one of those ways is by offering them a free consultation when they do so.

In this scenario, a prospect or customer surfs the internet looking for the type of product or service you sell in your store. They come across your website and click the link to take them to it. Once there, the first thing they see is a box asking them if they’d like to consult with you about their needs at absolutely no cost to them. You might use a headline in the box like, “Get Your Free 15 Minute Consultation Now,” or, “Here’s How to Get Your FREE 20 Minute Consultation.”

This person is excited because not only can they go ahead and look around your website to see what you have to offer and what you’re all about, but they can actually arrange to speak with you and find out some of the things they desperately want to know before investing in a product or service like yours. So, they enter their name and email and click the submit button and you now have another name you can add to the list of people whom you send your newsletter or special events and sales to.

Now, you have an email set up in your autoresponder that goes out to them and asks them to contact you to set a convenient time for the two of you to talk.

Think you don’t have anything to offer people in the way of a one on one conversation with them? Think again. Every day you’re open for business, you have conversions with your customers and with the prospects who come into your place of business to see what you have to offer them. Think about the many questions you get asked on a daily or weekly basis and make a list of them.

Come up with four or five of the most common questions people want to know about the business you’re in, and viola! You can speak to an individual, either on the phone or over an instant messaging program, for three to five minutes about each of those questions and you’ve given them 15-20 minutes of your valuable time.

Plus, most importantly, you’ve added another name to your list and, because these people had a personal conversation with you, they already know, like, and trust you. So, they’re less likely to unsubscribe from your list.

Using your home page to offer your customers and prospects a free consultation is a good idea for three reasons. First, as I said, they get to speak directly with you; going a long way towards helping them know, like, and trust you. Second, while speaking with you they start to get the idea that you know what you’re talking about when it comes to your industry; making them more likely to buy from you instead of one of your competitors. And third, The fact that you’re willing to take time out of your busy day to speak with them one on one, lets them know that you actually care about them getting the information they want and need and not just about making a sale.

And now, I’d like to invite you to visit: [] to get your free 15 minute consultation with Jessica Martinez; the online marketer for offline businesses. During your time together, Jessica will find out some details about your industry and about the customers you serve. Then, she’ll spend the rest of the time helping you come up with some topics you could easily use and turn into a freebie for your customers in exchange for their names and email addresses.

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The Importance of Business Consulting

Jul 08 2023 Published by admin under Uncategorized

Business consulting provides advice and experience as a valuable resource for every country and every industry. There are several different areas in which this position applies, such as organizational development, technology, e-business, operations, communications, human resources, marketing, strategic planning, small business and other organizations that find the advice of professionals necessary for their growth. When this professional advice is needed, executives turn to analysts for their expertise to help them find ways to manage obstacles and create solutions to increase productivity and efficiency.

This consulting is provided with the receipt of a lot of respect in their area of expertise and is heavily relied upon for its skills and talents in every country and in every industry. Their independence is admired because it creates a flexibility when working with clients to meet their needs at a time that is convenient to the client.

It is also known as management consulting as well, and provides problem solving as well as plans and goals to help companies achieve success. In the United States, this position generates in the area of $100 billion each year. Even if the economy is slow and suffering, these specialists are needed to increase profitability for a company.

As an example of the extensive work that is involved in the process to assist clients with their needs, business consulting requires a needs analysis for clients to help them determine their goals and what areas the company needs to focus on for improvement. Once a plan has been laid out, the specifics of the project, the team that will be needed to implement the process, a timeline for results and the budget required to obtain those results will be outlined.

Business consulting is then implemented through the identification of solutions by presenting recommendations through a presentation and then implementation of the recommendations are covered. Once the process has been put in place, clients are encouraged to provide their feed back in a post-project review. This is only a very simplified version of what occurs during a consultation and the actual process includes much more.

Business consulting also includes the qualitative and quantitative ability to research and gather information when completing projects. The techniques used in the implementation of tools to complete projects are interviews, observation, focus groups and case studies, as well as surveys that allow an analyst to determine what the best route to follow will be in helping clients to achieve their goals.

Uma Ilango is a programmer from profession. Has lots of interest in non-technical writing too. She has written articles in several topics. Her hobbies include reading, surfing, writing and playing chess. She writes regulary at []. is a source of expert content in the form of short, informative and educational or entertaining articles. We provide experts in hundreds of different niches from around the world. Thousands of new articles [] are added every month.

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Do You Need a Feng Shui Consultation

Jul 08 2023 Published by admin under Uncategorized

Have you been wondering how you know if you need a feng shui consultation? When is the best time to have a consultation? Let’s think about it for a few moments.

How are things going in your life? Are you generally healthy? How is your personal life with your family, friends and mate? Is your professional life and wealth up to your satisfaction? Most issues originate in one or more of these parts of your life. Without health it is difficult to enjoy your life. Without happy relationships your life will be less than it can be. After all money can’t buy you real love. Of course money is important and makes the rest of your life more enjoyable. Do you have problems in any of these areas?

Each section of your house relates to parts of your body. If your house has problems or a sha in the section that relates to your legs for instance, then you may have trouble with your legs too. The rotating energies of the year, month and day can join together in supportive or non supportive ways. When they meet they can create opportunities for legal problems, gossiping or relationship problems. They might also create opportunities for new romance or make it easier to get and keep money.

Knowing more about your house and its surroundings can help you to explain past problems and more importantly help you avoid or diminish future conditions that are detrimental. You will also be better able to take advantage of locations in your home and the timing of good energies to advance your life’s plan.

So if you have problems you would like to eliminate or improve, you should consider a feng shui consultation. Your life might be going along well but you feel it could even be better, then you might consider a feng shui consultation.

What is the bet time for a consultation? Now, especially if you are starting a new building project. When you know what type of land to buy you can avoid many serious problems from the beginning. Maybe you already have land. Now is still the time. You will be able to make best use of the property and improve upon any conditions that are not optimum before you build. Oh, so you already have a building. Now is still the time. You can make the best use of what you have by employing feng shui to choose the best locations for your bedroom, office and other living spaces. Are you renovating? Now is the time to have a feng shui consultation to make sure you are not creating problems.

As you see, now is the time to take advantage of a feng shui consultation to improve your life.

Diane Kern has been trained in the ancient art of Feng Shui in the traditional method. The knowledge has been transmitted through 13 generations from Masters to student via an apprenticeship of extensive study and practical field experience. Ms. Kern was included in a small group of students selected by her Master for advanced training. She is a member of an international team of experts, Alliance Feng Shui, whose resources can be called upon to accomplish your goals.

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High Priced Consulting – 5 Secrets to Jumpstart Your High Priced Consulting

Jul 08 2023 Published by admin under Uncategorized

Here’s how you can get started in the consulting business:

1. Choose your audience. The first thing that you need to do is to choose the people that you would like to serve while keeping your skills and abilities into consideration. You may want to serve those people who would like to expand their knowledge on global customer service or those who would like to learn the ropes of making money online. Just make sure that you are expert on the niche that you would like to target as you need to be a great source of information to your clients.

2. Say no to stiff competition. When choosing the niche to target, it will be beneficial for you if you stay away from stiff competition so you will not have a hard time getting people to sign up to your services. Do a keyword analysis and figure out how many people from across the globe who is offering similar consulting services. Then, study the supply and demand. Target those niches that are popular but not very saturated.

3. Promote your consulting services. After choosing the niche and the people to target, it’s high time that you promote your services online. Start by understanding the online behavior of your potential clients to make it easier for you to connect with them. Know the various keywords that they are using on search engines and target these keywords on your ads and on your content base marketing solutions. Then, identify the websites that they usually visit. These are the sites where you should post your banner ads and paid links to in order to easily attract interested parties to your website.

4. Personalize your consulting services. Although you will serve clients who have the same problems and aspirations, keep in mind that these people will require different information as their skill level and level of comprehension vary. As such, you will need to personalize your consulting services for each of your clients to make sure that you’ll be able to effectively offer them what they exactly looking for.

5. Don’t forget to solicit feedback. To stay on top of the game, you need to figure out the rough edges that you need to patch up to better serve your clients. Make it a habit to solicit feedback from all your clients after each transaction so you’ll know what you are doing well and the things that you need to improve on.

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Loss Mitigation Consultants – Checklist Before Approaching a Foreclosure Loss Mitigation Advisors

Jul 08 2023 Published by admin under Uncategorized

Loss Mitigation Consultants are the people that work for you in order to help you avoid foreclosure and get your loan issues settled with your lender. These professionals study your case thoroughly and then speak to your lender for a loan workout which would allow you to stay in your home and bank would get it’s monthly payments of your existing loan.

Their prime focus is to prevent your home by approaching your lender with their loss mitigation techniques, which helps the bank find solutions to avoid foreclosure. In this process, customer’s situation is thoroughly examined and mortgage is restructured in a way where in the lender is also not in loss and you can also continue with the home ownership. Loss mitigation consultants charge fees from you after your case is solved.

Here are some tips to keep in mind when approaching a Loss Mitigation Consultant:

· First of all gather full information about the consultant and his form. Check the background of the company in loss mitigation through internet. To know this is very crucial, or else he can fool you.

· Ask for the website and check the accreditation and certification of the person. Also check his/her license to work before you proceed further.

· Check BBB (better business bureau) for complaints filed against the firm. This will give you a better idea about the authenticity of the company and you will also get some clues about how to save your case from getting dumped.

· You can also take reference from the existing clients of the consultant about the working criteria of the consultant. For e.g. is it beneficial to approach him, guidance about the techniques he used in their cases and many other reasonable things.

· Always inquire about the fees that the loss mitigation consultant is going to charge and take it in writing to avoid any issues later.

· Do not ever pay any upfront fee in the beginning. You only have to pay these people after your work is done and get your agreement with him in writing. This is for your own safety as you have a proof with you if any thing happens later.

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Five Crucial Components of a Business Plan

Jun 05 2023 Published by admin under Uncategorized

The format of a Business Plan is … that has been … and refined over the years and is … that should not be changed. Like a good recipe, a business plan needs to include certain

The format of a Business Plan is something that has been
developed and refined over the years and is something that should
not be changed. Like a good recipe,Guest Posting a business plan needs to
include certain ingredients to make it work.

When you create a business plan, don’t attempt to recreate its
format. Those reviewing this type of document have expectations
you must meet. If they do not see those crucial decision-making
components, they’ll see no reason to proceed with their review of
your business plan, no matter how great your business idea.

Executive Summary Section

Every business plan must begin with an Executive Summary section.
A well-written Executive Summary is critical to the success of
the rest of the document. Here is where you need to capture the
attention of your audience so that they will be compelled to read
on. Remember, it’s a summary, so each and every word must be
carefully selected and presented.

Use the Executive Summary section of your business plan to
accurately describe the nature of your business venture including
the need that you plan to fill. Show the reasons why people need
your product or service. Show this by including a brief analysis
of the characteristics of your potential market.

Describe the organization of your business including your
management team. Also, briefly describe your sales and marketing
plan or approach. Finally include the numbers that those
reviewing your business plan want to see – the amount of capital
you seek, the carefully calculated sales projections and your
plan to repay the loan.

If you’ve captured your audience so far they’ll read on.
Otherwise, they’ll close the document and add your business plan
to the heap of other rejected ideas.

Devote the balance of your business plan to providing details of
the items outlined in the Executive Summary.

The Business Section

Be sure to include the legal name, physical address and detailed
description of the nature of your business. It’s important to
keep the description easy to read using common terminology. Never
assume that those reading your business plan have the same level
of technical knowledge that you do. Describe how you plan to
better serve your market than your competition is currently

Market Analysis Section

An analysis of the market shows that you have done your homework.
This section is basically a summary of your Marketing Plan. It
needs to show the demand for your product or service, the
proposed market, trends within the industry, a description of
your pricing plan and packaging and a description of your company

Financing Section

The Financing section must show that you are as committed to your
business venture as you expect those reading your business plan
to be. Show the amount of personal funds you are contributing and
their source. Also include the amount of capital you need and
your plan to repay this debt. Include all pertinent financial
worksheets in this section: annual income projections, a
break-even worksheet, projected cash flow statements and a
balance sheet.

Management Section

Outline your organizational structure and management team here.
Include the legal structure of your business whether it is a
partnership, corporation or limited liability corporation.
Include resumes and biographies of key players on your management
team. Show staffing projection data for the next few years.

By now you’re probably thinking that you don’t need Business Plan
just yet. Well you do, and there is business plan building
software that can help you through this immense project. These
software packages are easy to use and affordable. Use one today
and produce a professional-quality Business Plan – including all
critical components – tomorrow!

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Succss Tip: Business Plannning 101

Jun 05 2023 Published by admin under Uncategorized

SELLING YOU ON YOUR BUSINESS You’ve probably heard it said that a business plan is a selling … While it is very true that your business plan will be an … aid to you in selling your bu

SELLING YOU ON YOUR BUSINESS You’ve probably heard it said that a business plan is a selling document. While it is very true that your business plan will be an invaluable aid to you in selling your business to others,Guest Posting you may not have considered that it can be a great way to sell or re-sell YOU on the business you have started. By examining how your ideas and products fit into the competitive environment, you can get excited about the potential of your business and become reinvigorated. A business plan can also be a good way to determine new directions your business should go. As you delve into the marketplace, examining your competitors and their products, and consider market trends, you may see new avenues for your business to follow and may even discover a potentially hot market niche that isn’t being filled. This could lead to a whole new direction for your company and vastly expanded revenues. By contrast, the discovery process you follow to develop your business plan might show you that the path you thought you wanted to follow isn’t viable, saving you months and years of frustration and a lot of cash! It may help you see a different path you need to follow and/or encourage you to concentrate on a different aspect of the business. HOW DOES A BUSINESS PLAN SELL YOUR BUSINESS? In order to succeed in today’s challenging business climate, you will need to exploit every opportunity that comes your way. The only way to do this is to understand where the opportunities are and put your business into a position to pursue them. A business plan makes this possible. Just as importantly, your company’s business plan is seen by others as your company representative. It tells interested parties who you are, what you do, how you fit into the crowd, where you’re going, and how you’re going to get there. Your business plan can help you with the following: · To obtain bank financing: Bankers are understandably nervous about risking money on new endeavors, and there are many more companies out there asking for money than there is money to be distributed. Companies that have a written business plan have an edge because banks understand the importance of formal planning. · To acquire investment funds: To investors, a business plan is a screening device. If they like what they see in your business plan, they’ll take the next step and talk to your executives. · To arrange strategic alliances: A business plan is often the only tool an established company has to assess whether they want to do business with a company that is not yet established. · To obtain large customer contracts: Large customers are reluctant to commit funds and take business risks to do business with an unknown entity. Your business plan helps them understand that you are well grounded and know what you’re doing. · To attract quality employees: A well designed business plan allows potential, key employees to get a comfort level with your company so they will be willing to commit their professional future to you. · To complete mergers and acquisitions: Companies that are looking to buy other companies look closely at these companies’ business plans before deciding which ones they want to pursue. THE RESULTS OF NOT CREATING A PLAN CAN BE A KILLER FOR YOUR BUSINESS! Your business plan is an invaluable tool for helping you understand your business environment so that you can optimize your revenues. Through this important document you will come to understand your competitive environment. You will also be able to determine how you should market your product and what avenues your sales efforts should pursue. The negative results of not performing these exercises can be overwhelming if you are working under limited resources. The following case study, based on a real company whose name has been changed to protect the innocent, is just one example of the many costly mistakes you can make if you don’t create a plan and stay with it. Case Study – The John Doe Company The John Doe Company didn’t have a Sales and Marketing plan. They had no go-to-market strategy and didn’t even know who their target market was. The sales and marketing function was represented by an individual who didn’t have any sales or marketing in her professional background. Not having a comfort level in an area where she was not skilled, and working under no specific plan, this individual was subject to whim and fancy in her marketing decisions. The unfortunate result? The company attended several trade shows a year, spending thousands upon thousands on travel, show fees, and lost man hours for something that brought them no actual revenues and no real leads. In addition, the company instituted expensive giveaways at these shows, such as diamonds, which brought them nothing in return. This VP with no sales and marketing plan also lost the company thousands of dollars advertising in magazines that did not attract the company’s target market and spent untold thousands flying around the world to pursue customers from leads that had not been qualified. Since the leads had not been qualified, many of these expensive customer visits were with customer representatives who had no intention of buying, had no money earmarked to buy, and/or who were not even empowered to make a buying decision. The John Doe Company’s lack of a sales and marketing plan, along with having the wrong individual in a position to make unguided decisions, has most likely cost the company more in lost revenues and squandered resources over the 3 years they’ve been in business than they’ve made over that same period of time.

Although the above case study could be considered a worst case scenario, it is fairly representative of the types of problems companies encounter when they have no sales and marketing plan. YOUR BUSINESS PLAN CAN SUBSTANTIALLY REDUCE BUSINESS RISK A business plan that is truly a working document can substantially reduce business risk for your company. Day to day decisions should be run through the filter of your business plan to determine what fits and what doesn’t. Your plan can validate issues that fit within it, and should be altered when necessary to allow for new opportunities that may stretch the parameters of the plan but support your overall goals. The result is that you will make “strategic” decisions rather than pursuing costly whims or suffering under an “idea of the day” mentality. In addition to pro forma financial elements, the business plan foundation is cemented with solid sales and marketing elements to guide you toward more revenues and higher profit. It should identify routes to market for your optimum sweet spot, and show you when to hire key personnel, and who to hire, saving you from costly hiring mistakes. GETTING STARTED: ANALYZE YOUR BUSINESS PLAN TO BECOME MORE COMPETITIVE The first step in becoming more competitive is to perform a complete, objective analysis of your business plan. It will be extremely difficult for you to view your business dispassionately and perform an objective assessment. For this reason, you will probably want to look at contracting with outside professionals to perform your assessment. These industry experts have decades of corporate experience in building successful sales and marketing strategies to help them understand your challenges and how to address them. An outside consultant can provide you with a comprehensive analysis that culminates in a gap analysis and steps to address the holes in your overall business plan. Once you have this assessment and know where the gaps are, you can begin to build a plan that will enable your company to effectively win against any and all competitors, big or small. You can either perform the steps to execute the plan internally, or hire outside expertise to perform those functions that you don’t have the knowledge and experience to perform. This straightforward and easy to implement process will get your company on the fast track to more sales. KEY BUSINESS PLAN ELEMENTS Key elements of your working business plan include the following: · Executive Summary: vision, mission, company objectives, keys to success · Company Overview: focus, current product/service description, future products/services, positioning of products/services, business concept, current situation, key success factors · Organization: stakeholders, board members, employees, strategic advisors · Operations: key personnel, organizational structure, human resources plan, product/service delivery, customer service/support, facilities · Market analysis: the overall market, anticipated changes in the market, market segments, target market and customers, customer characteristics, needs, and buying decisions · Competitive analysis: key competitive capabilities, key competitive weaknesses, competitive evaluation of products/services, industry overview, nature of the competition, changes in the industry, primary competitors, competitive products/services, opportunities, threats and risks · Sales and Marketing Plan: go to market strategy, competitive overview, sales tactics, marketing plan, channel plan, advertising plan, promotions/incentives, publicity, trade shows, partnerships and alliances · Financial Overview: short and long term views of the company’s situation/needs, assumptions and comments, starting balance sheet, profit-and-loss projection, cash flow projection, balance sheet projection, ratios and analyses YOUR BUSINESS PLAN IS A WORK IN PROGRESS If you created a business plan when you started your business but have not taken the time to update it over the months and years, you are not much better off than if you’d never created one. Business plans are meant to be working documents, and will become stale and useless if they aren’t updated. As stated before, a business plan is a selling document. It sells your business and its executives to potential backers of your business, from bankers to investors to partners to employees. Early stage companies need effective business plans to attract investors. All companies need an effective plan to guide the business. Companies that lack effective and updated business plans often suffer from unrealized revenues, lost opportunities, significant competitive losses, reactive hiring decisions, and poor profit and loss financial performance. Rather than being a working document that guides your business, an unrealized business plan can become a nagging item on your strategic “to do” list. Ideally, you should maintain a workable business plan to determine where the company needs to go, warn of possible roadblocks, develop contingencies, and keep the business on track to reach planned goals. LET YOUR BUSINESS PLAN WORK FOR YOU Sales and Marketing Pros can guide you through the process of revising or developing your overall business plan. SMP’s Opportunity Maximizer Workshop performs a full-scale assessment of your business plan, including your sales and marketing infrastructure. The workshop provides you with a gap analysis and steps to close the identified gaps. SMP also offers part or full time Advisory Services from executive level business professionals, sales and marketing experts, business writers, and a full array of document, graphic, and website support; allowing you to just pick up the phone and request help as you need it. SMP is ready to work with you and your team to package your business so that it embraces the future. With creative planning and packaging, you will win the in marketplace, at both the investor and the customer levels. Contact Bob Decker at 952-955-1200 or via email at [email protected] for more information.

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