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Female , Gender , Magazine 2176 Words | 7 Pages. ?Rafaela Porter Jennifer Wagner English 1A; Tuesdays and Thursdays 9:20 – 10:45a.m. March 14, 2014 Ad Analysis Analytical . Summary #795 Pleasure! The marketers of Newport cigarette designed its advertisement with creativity to All Quiet Front Remarque: Brutality on Soldiers catch the readers’ attention. The use of the pakistan wedding bright colors, word choice, and Places to Visit, the theme associates its central image of pakistan wedding a young and energetic group of push of immigration to america adults appealing to the target audience. When consumers purchase the product, they subscribe to the image associated with it. Advertising , Brand , Cigarette 921 Words | 4 Pages. AD #1 Gillette Compete Skin Care for wedding Men This advertisement is for Gillette men's skin care products.
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on television, the internet, radio, magazines , posters, billboards… every place we go. Everything is advertising. Advertising has shot up and . dominated the push and pull factors market, becoming one of the pakistan most successful and ever-growing industries in the broad career field spectrum. I find that one of the most interesting aspects of advertising is that you can advertise anything. Anything. The possibilities are limitless. The PeTA (People for the Ethical Treatment of Animals) ad that I selected to analyze proves that. Advertising , Consumer protection , Marketing 912 Words | 3 Pages.
Nike Advertisement Analysis Advertisements have been used for years to All Quiet The of War sell products. As long as there have been consumers there have been . ads , although in many different media. Different companies or groups release ads to pakistan wedding promote a certain product, idea, or brand. Nike is no exception. Biography. Nike has been a leading brand in sports for pakistan wedding 46 years.
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Texts on the ad attract the primary audience target audience that is children secondary audience that is mother. b- MESSAGE EXECUTION: Message execution of an johann biography ad depends upon the research conducted by the company. Here. Communication , Milk , Nutrition 1438 Words | 5 Pages. According to Merriam-Webster, Cosmopolitan means “having wide international sophistication.” It is also a popular beverage made famous by HBO’s Sex in the . Pakistan. City. Cosmopolitan, therefore, is undoubtedly a fitting title for a magazine geared towards single woman who are looking for advice about sex, fashion, and in Memphis,, sophistication.
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a bibliography Jaynes, E. T., 1953, `Ferroelectricity,' Princeton Univ. Press, London; as a level 2 postscript file. Jaynes, E. T., 1955, `Matrix Treatment of pakistan wedding, Nuclear Induction,' Phys. Rev. 98, 1099; as a level 2 postscript file. Places To Visit Tennessee? A consulting report with Varian is also available. This report contains a more detailed version of this article: as a pdf file, and as ps file. Jaynes, E. T., 1956, `Probability Theory in Science and Engineering,' No.
4 in `Colloquium Lectures in Pure and Applied Science,' Socony-Mobil Oil Co. USA; as a level 2 postscript file. Forrer, M. P., and E. T. Jaynes, 1960, `Resonant Modes in Waveguide Windows,' IRE Trans. on Microwave Theory and Techniques, MTT-8, 147; as a level 2 postscript file. Jaynes, E. Pakistan? T., 1960, `The Maser as a Parametric Amplifier,' in Quantum Electronics, C. Places To Visit Tennessee Essay? H. Townes (ed.), Columbia Univ. Press, New York, p. Pakistan Wedding? 237; as a level 2 postscript file. Jaynes, E. T., 1963. `New Engineering Applications of Information Theory,' in Engineering Uses of Random Function Theory and Probability, J.1#1.
Bogdanoff and F. Tesco Value? Kozin (eds.), Wiley, New York, p. 163; as a level 2 postscript file. Jaynes, E. T., 1966, `Is QED Necessary,' in Proceedings of the Second Rochester Conference on Coherence and Quantum Optics, L. Mandel and E. Wolf (eds.), Plenum, New York, p. 21; as a level 2 postscript file. Jaynes, E. T., 1967, `Foundations of Probability Theory and pakistan Statistical Mechanics,' in Delaware Seminar in media promotion, the Foundations of Physics, M. Bunge (ed.), Springer-Verlag, Berlin, p. 77; in Popular Electronics, 33, 86; as a level 2 postscript file. Jaynes, E. T., 1973, `Survey of the Present Status of Neoclassical Radiation Theory,' in Coherence and pakistan wedding Quantum Optics, L. Johann Pachelbel Biography? Mandel and E. Pakistan Wedding? Wolf (eds.), Plenum, New York, p. 35; as a gzip compressed level 2 postscript file. Jaynes, E. In Memphis, Tennessee Essay? T., 1976. `Confidence Intervals vs Bayesian Intervals,' in Foundations of Probability Theory, Statistical Inference, and Statistical Theories of Science, W. L. Harper and C. A. Hooker (eds.), D. Reidel, Dordrecht, p. Pakistan? 175; as a level 2 postscript file. Jaynes, E. T., 1978, `Ancient History of johann pachelbel biography, Free Electron Devices,' in Novel Sources of Coherent Radiation, S. F. Jacob, M. Scully, and pakistan M. Sargent III (eds.), Addison-Wesley, Reading, MA, p. 1; as a level 2 postscript file.
Jaynes, E. T., 1978, `Electrodynamics Today,' in Coherence and Quantum Optics IV, L. Mandel and E. Wolf (eds.), Plenum Press, New York, p. 495; as a level 2 postscript file. Jaynes, E. T., 1979, `Where do we Stand on All Quiet Western Front by Erich Remarque: The on Soldiers Maximum Entropy?' in The Maximum Entropy Formalism, R. D. Levine and M. Tribus (eds.), M. Pakistan Wedding? I. T. Press, Cambridge, MA, p. 15; as a level 2 postscript file. Jaynes, E. T., 1979, `Concentration of Distributions at Entropy Maxima,' in E. T. Jaynes: Papers on Probability, Statistics and Statistical Physics , R. D. Rosenkrantz (ed.), D. Reidel, Dordrecht, p. Promotion? 315; as a level 2 postscript file. Jaynes, E. T., 1980, `Quantum Beats,' in Foundations of Radiation Theory and Quantum Electrodynamics, A. O. Barut (ed.), Plenum Press, New York, p. 37; as a level 2 postscript file. Jaynes, E. Pakistan Wedding? T., 1980, `Marginalization and Prior Probabilities,' in Bayesian Analysis in Econometrics and Statistics, A. Zellner (ed.), North-Holland, Amsterdam, p. 43; as a level 2 postscript file. Jaynes, E. T., 1980, `Reply to Dawid, Stone, and Zidek,' in Bayesian Analysis in Econometrics and Statistics, A. Zellner (ed.), North-Holland Amsterdam, p. 83; as a level 2 postscript file. Jaynes, E. T., 1980, `What is the Question?,' in Bayesian Statistics, J. M. To Visit Tennessee Essay? Bernardo, M. H. deGroot, D. Wedding? V. The Appalachian? Lindly, and A. F. M. Smith (eds.), Valencia Univ. Wedding? Press, Valencia; as a level 2 postscript file. Jaynes, E. T., 1983, `Papers On Probability, Statistics and Hiking the Appalachian Statistical Physics,' Edited by R. Pakistan Wedding? D. All Quiet On The Front By Erich The Brutality Of War? Rosenkrantz, D. Reidel publishing Co., Dordrecth, Holland. Jaynes, E. T., 1985, `Where do we go from Here?,' in Maximum-Entropy and Bayesian Methods in Inverse Problems, C. R. Smith and W. T. Grandy, Jr. (eds.), D. Reidel, Dordrecht, p. 21; as a level 2 postscript file.
Jaynes, E. Wedding? T., 1985, `Generalized Scattering, ' in Maximum-Entropy and Bayesian Methods in johann, Inverse Problems, C. R. Smith and wedding W. T. Grandy, Jr. (eds.), D. Reidel, Dordrecht, p. 377; as a postscript file. Jaynes, E. T., 1985, `Entropy and Search-Theory,' in Maximum-Entropy and Bayesian Methods in Inverse Problems, C. R. Smith and W. T. Grandy, Jr. (eds.), D. Reidel, Dordrecht, p. 443; as a level 2 postscript file. To Visit In Memphis,? Jaynes, E. T., 1985, `Highly Informative Priors,' in Bayesian Statistics 2, J. M. Bernardo, M. H. deGroot, D. V. Lindley, and A. F. M. Smith (eds.), Elsevier, Amsterdam, p. 329; as a postscript file. Jaynes, E. T., 1985, `Macroscopic Prediction, ' in Complex Systems - Operational Approaches, H. Haken (ed.), Springer-Verlag, Berlin, p. 254; as a postscript file. Jaynes, E. T., 1986, `Predictive Statistical Mechanics,' in Frontiers of Nonequilibrium Statistical Physics, G. T. Moore and M. O. Scully (eds.), Plenum Press, New York, p. 33; as a level 2 postscript file.
Jaynes, E. T., 1986, `Bayesian Methods: General Background, ' in Maximum-Entropy and Bayesian Methods in Applied Statistics, J. H. Justice (ed.), Cambridge Univ. Press, Cambridge, p. 1; as a postscript file. Jaynes, E. Pakistan? T., 1986, `Monkeys, Kangaroos and the Appalachian Essay N ,' in Maximum-Entropy and Bayesian Methods in Applied Statistics, J. H. Justice (ed.), Cambridge Univ. Press, Cambridge, p. 26; as a postscript file. Jaynes, E. T., 1986, `Some Applications and Extensions of the de Finetti Representation Theorem,' in Bayesian Inference and Decision Techniques with Applications: Essays in Honor of Bruno de Finetti, P. K. Goel and A. Zellner (eds.), North-Holland, Amsterdam, p. Pakistan? 31; as a level 2 postscript file. Muckenheim, W., G. Ludwig, C. Dewdney, P. R. Holland, A. Kyprianidis, J. P. Hiking The Appalachian Essay? Vigier, N. C. Petroni, M. S. Bartlett, and E. T. Jaynes, 1986, `A Review of Extended Probability,' Phys.
Repts., 133, 337; as a level 2 postscript file. Pakistan Wedding? Jaynes, E. T., 1987, `Bayesian Spectrum and Chirp Analysis,' in Maximum Entropy and Bayesian Spectral Analysis and Estimation Problems, C. Hiking The Appalachian Trail? R. Smith and G. J. Erickson (eds.), D. Reidel, Dordrecht, p. 1; as a postscript file. Wedding? Jaynes, E. The Appalachian Trail? T., 1988, `How Does the Brain Do Plausible Reasoning?', in Maximum-Entropy and Bayesian Methods in Science and Engineering, 1, G. Wedding? J. Erickson and Hiking the Appalachian Trail C. R. Smith (eds.), Kluwer, Dordrecht, p. 1; as a postscript file. This article first appeared as a Stanford Microwave Laboratory Report in 1957. Prior to that Dr. Jaynes tried to have this article published in the IRE Transactions on Information Theory. This longer version of the article was rejected by the journal. This longer version of the article as well as the reviewers comments and Jaynes' replay are available as a pdf file, or as a level 2 postscript file. Jaynes, E. T., 1988, `The Relation of pakistan wedding, Bayesian and Maximum Entropy Methods, ' in Maximum-Entropy and Bayesian Methods in Science and Engineering, 1, G. J. Erickson and C. On The Western By Erich Remarque: Brutality Of War On Soldiers? R. Smith (eds.), Kluwer, Dordrecht, p. 25; as a level 2 postscript file. Jaynes, E. T., 1988, `Detection of Extra-Solar-System Planets, ' in Maximum-Entropy and Bayesian Methods in Science and Engineering, 1, G. J. Erickson and C. R. Smith (eds.), Kluwer, Dordrecht, p. Wedding? 147; as a postscript file. Places In Memphis, Tennessee Essay? Jaynes, E. T., 1988, `The Evolution of Carnot's Principle, ' in Maximum-Entropy and Bayesian Methods in Science and Engineering, 1, G. J. Erickson and C. R. Pakistan? Smith (eds.), Kluwer, Dordrecht, p. 267; as a postscript file.
Jaynes, E. T., 1989, `Clearing up Mysteries - The Original Goal, ' in Maximum-Entropy and Bayesian Methods, J. Skilling (ed.), Kluwer, Dordrecht, p. 1; as a gzip compressed postscript file. Jaynes, E. T., 1990, `Probability in Quantum Theory,' in Complexity, Entropy, and the Physics of Information, W. Factors Of Immigration To America? H. Zurek (ed.), Addison-Wesley, Redwood City, CA, p. 381; as a gzip compressed postscript file. Jaynes, E. T., 1990, `Probability Theory as Logic, ' in Maximum-Entropy and Bayesian Methods, P. F. Fougere (ed.), Kluwer, Dordrecht, p. 1; as a postscript file. Jaynes, E. Pakistan Wedding? T., 1991, `Notes On Present Status And Future Prospects, ' in Maximum Entropy and Bayesian Methods, W. T. Grandy, Jr. and L. H. Schick (eds.), Kluwer, Dordrecht, p. 1; as a postscript file. Jaynes, E. T., 1991, `Scattering of Light by Free Electrons, ' in The Electron, D. Hestenes and Western Front The of War A. Weingartshofer (eds.), Kluwer, Dordrecht, p. 1; as a postscript file. Pakistan? Jaynes, E. T., 1991, `Commentary on Two Articles by C.A. Los, ' in Computers and Mathematics with Applications, 3 of special issue of `On System-Theoretic Methods in media promotion, Economic Modeling, S. Mittnik (ed.), Pergamon Press, New York; as a postscript file.
Jaynes, E. T., 1992, `The Gibbs Paradox, ' in Maximum-Entropy and Bayesian Methods, G. Erickson, P. Neudorfer, and C. R. Smith (eds.), Kluwer, Dordrecht; as a postscript file. Jaynes, E. T., 1993, `A Backward Look to the Future, ' in Physics and Probability, W. T. Grandy, Jr. and P. W. Milonni, Cambridge Univ. Press, Cambridge, England; as a postscript file.
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Summarize the most important points from the Financial Plan section here. This should include your sales forecasts and Places in Memphis, Essay projected expenses as well as the logic behind the projections. If you are a new company, describe when you expect to wedding turn a profit . If you are an Hiking Trail Essay, existing company, highlight past financial performance. 7. Wedding. Financing Requirements (Optional) Summarize the amount of equity and/or debt financing that you are seeking, when you need it, the use of the funds, and in Memphis, Essay when you expect to reach your next milestone event and/or start paying back the loan. Wedding. Keep this at an overview level , as you will go into more detail later on in other chapters. Note: This is a complex question that you cannot answer until you complete your plan, so it is highly recommended you work your way through the entire writing process first . Promotion. In particular, complete the pakistan wedding, financial planning process before attacking this section.
Only then will you be able to identify the amount of money you will need to raise. With these sections fleshed out, you’ve finished your executive summary. How to Write the Company and to Visit Tennessee Financing Chapter. The company and finance section of your plan is important, because introducing the pakistan, management team is critical for both start-ups and established companies alike. Investors will use this information to gauge the future likelihood of All Quiet on the Front Brutality of War, success. Company and Financing Sections.
Company Overview Management Team Required Funds (optional) Exit Strategy (optional) Mission Statement (optional) Company History (optional) Location and wedding Facilities (optional) There are many variations and approaches on how to tesco value lay out the pakistan wedding, various components of a business plan. Promotion. Our approach for the company overview section is to provide the reader with the company’s legal information, address and a brief description of the pakistan, company’s history. Since there are follow up sections in All Quiet on the Western by Erich Maria The of War, this chapter that over go the company’s location and pakistan wedding history in more detail, you will want to dvd player keep this short (2-3 sentences). A BRIEF PRIMER ON COMPANY TYPES. The optimal company type is best determined by a credible Attorney. The primer below is meant only to explain the broad differences between the pakistan, most common company types. A sole proprietorship, according to electronic media promotion the IRS: “A sole proprietor is someone who owns an unincorporated business by wedding, him or herself.” While the All Quiet Western Front Maria Remarque: The of War, most simple to set up and wedding the most common, there is a significant drawback: you will be personally liable for any obligations.
So for example, if you sell someone a cupcake and they sue you because they found a hair in it, and you lose in court, the All Quiet on the Western Maria Remarque: of War, creditors can legally go after your personal possessions – such as the roof over your head. A partnership, according to the IRS: “A partnership is the relationship existing between two or more persons who join to carry on a trade or business. Each person contributes money, property, labor or skill, and expects to share in the profits and losses of the company.” A partnership has certain advantages compared to a LLC, such as not needing to file formation documents when setting up a partnership, and wedding not needing to push factors of immigration to america file dissolution documents if dissolving the partnership. However, similar to sole proprietorships, partners in a partnership have unlimited liability for the company’s debts and pakistan wedding liabilities.
Limited Liability Partnerships (LLPs) LLPs are different from traditional partnerships in that there are two classes of partners: (1) General partners that have full management and push factors to america control but also full personal liability and (2) Limited partners that have no personal liability beyond their investment in the partnership interest. Limited partners are often times “silent partners” that wish to invest in the venture but limit their exposure to liability. A corporation is a separate legal entity owned by shareholders. A corporation is commonplace for businesses that anticipate seeking venture capital financing. Pakistan. The downside to a corporation is the problem of “double taxation” since the corporation’s profits is electronic taxed at the corporate level, and then any dividends distributed to shareholders are then taxed again at the personal level. You can elect a special tax status with the IRS to have your corporation not be taxed at the corporate level (instead, it would be taxed as a pass-through entity). Some of the drawbacks include not being able to wedding have more than 100 shareholders , and not being able to electronic media have non-US citizens/residents. A popular choice among many small businesses , a LLC limits the member’s personal liability and only taxes profits at the individual level (acts as a pass-through entity). Describe the pakistan, type of company you plan to open, along with the registered name you plan to use.
Explain your rationale – for example, if you are starting a company where you plan on electronic media promotion seeking venture capital financing, then you will want to wedding start a C-Corporation as majority of VCs will insist on this legal structure. If you have a home office/no dedicated business address. Include your current office setup and your future office plans once your company expands, if applicable. For start-ups, and especially those seeking financing, the Management Team section is especially critical. With the lack of history, there is little investors can go by to gauge the on the Western by Erich Remarque: The of War, future success of a venture.
The question lenders and investors will ask: Why should we trust your team with our money? You must demonstrate your team’s ability to execute on the stated goals. To accomplish this, you should highlight: Background of wedding, each member of the management team (education, relevant work experience, etc.) Roles and responsibilities within the company. Tip: Don’t include details about members of the Management Team that are not relevant to the reader. Everything presented should reinforce why your team is the promotion, right team to execute on pakistan the company’s vision. If you have an established business the information you want to present is the same. Places To Visit Tennessee Essay. Keep in mind, however, that you also want to demonstrate that your team has the capability to manage growth of the company. As a company grows from start-up to established business, the management team must also change. They must be able to manage employees, institute standardized systems, and ensure the business’s ability to pakistan scale operations while keeping profitability stable.
If you already have a Board of All Quiet Western Front Remarque: The of War on Soldiers, Directors and/or Advisory Board, list these individuals and a brief description. In a publically trading company the wedding, Board of Directors is value dvd player elected by the shareholders and wedding is the highest authority in the management of the company. For our purposes (context of a private company that is most likely a startup or small but growing business), a Board of Directors is comprised of investor(s), founder(s), CEO and independent board member(s) who have substantial business and industry experience. A Board of value dvd player, Director’s typical responsibility is to set broad policies for the company, determine compensation for company management, and pakistan wedding approve annual budgets. An advisory board is a group of business leaders that can help guide your company and to Visit in Memphis, Tennessee provides it with assistance when needed. Choose individuals with knowledge in pakistan wedding, your industry and are willing to play a role in your company . While some advisors are compensated, it comes down to Places to Visit Tennessee Essay a case-by-case basis, frequently depending on how much time the member is committed to your company. Tips on building your Advisory Board: Choose a well-respected and well-known individual as the pakistan, first member of your Advisory Board.
This will help you to Trail recruit other members of the pakistan wedding, Board. Choose individuals that have strengths and Essay relationships your business will need. Pakistan Wedding. As your business evolves, so will the members of your Advisory Board. To Visit Tennessee. Feel free to shake up the line up over time. In this section you will tell the reader how much money you need to raise, what you are going to use it for, and pakistan how you got to the requested amount. Important note: This is a complex question that you cannot answer until you complete your plan, so it is highly recommended you work your way through the entire writing process and in in Memphis, Tennessee Essay, particular, complete the financial planning process. Only then will you be able to identify the amount of money you will need to raise. There are two primary financing options: equity and debt. The primary difference between equity and debt financing is that debt financing is essentially a loan that is backed by your assets or via a personal guarantee. If your company is already in wedding, existence and has trading history, then you may also secure a loan off of your receivables. In contrast, equity financing is essentially you exchanging a stake in your company for Essay a specific sum of money from an wedding, investor . Therefore, the amount you are able to raise from investors comes down to how much they value your company.
There are three fundamental questions every savvy investor will ask you: Cool idea, how do you make money with it? How much money do you need, and why and when? What do you think your company is worth? If you are seeking financing (regardless of its equity or debt), that most likely means that your financial model shows your company taking a loss in the initial stages, followed by break-even and subsequent profitability. The money you are seeking to electronic media promotion raise will simply allow you to pakistan have enough cash to cover the johann, initial period where you will be taking a loss so that you can eventually make a profit. This is a simplification; you may be raising money to further grow your company, which may already be profitable. Or you might use the financing to get your product to the next stage in pakistan wedding, its product development lifecycle (i.e.; milestone event). But the general concept is the same; the investment you are seeking bolsters your company’s cash position , allowing it to grow revenue and/or profitability.
Cool idea, how do you make money with it? / How much money do you need, and All Quiet Western Front by Erich Maria why and when? The financial statements provide the answer to the first two questions (which is why we recommend you complete your plan first). To answer how much money you need, analyze the cash flow statement to determine the pakistan wedding, cumulative cash flow. The lowest point on Hiking Trail this curve will tell you what your maximum financing needs are , and at what point in time. What do you think your company is worth? The third question is much harder to answer, especially for a new company. At the pakistan, end of the day it really comes down to what an investor thinks your company is worth (which is more art than science). However, there are three popular methods of media, valuing a company that can help you come up with a valuation to facilitate the pakistan wedding, negotiation.
Cost approach (asset based approach) The cost approach seeks to determine a company’s value by on the Front Maria Brutality on Soldiers, analyzing the market value of its assets. In other words, in this approach the company is worth the wedding, sum of all its assets if they were to be liquidated . This approach may be appropriate for some industries such as real estate where the asset value may actually be worth more than the going concern value (present value of future cash flows generated by the asset). However, for many companies the value of its branding and reputation, along with its ability to generate profits, will exceed the value of its assets. The market approach seeks to determine a company’s value by All Quiet on the Western Brutality of War, analyzing recent sales of similar assets, with the theory that valuations of similar companies can serve as a good proxy. This is a common approach in the real estate industry. The income approach seeks to determine a company’s value by using its expected profit over time and then placing a value on that future stream of income in today’s terms . Since there is wedding inherent uncertainty with a future stream of income, there are numerous ways to discount that expected income to Hiking Essay account for risk. Now you have all the pieces to complete the equation. You have the amount of wedding, money you need by looking at cumulative cash flow. You also have an idea of how much money your company will be worth. Equation to and pull determine how much equity you should offer:
Equity to offer = Company Valuation / Money needed. If raising debt, you are not exchanging equity for wedding cash. Instead, you should focus on the loan’s interest rate and payment schedule. Tesco Value Dvd Player. Make sure you will be turning a profit that is both large enough and soon enough to ensure there is no delinquency on wedding servicing the loan. For equity financing, answer the following: Investment amount needed When you need it How much time it will buy you / When you expect to turn a profit or get to the next milestone event % of equity offered and at what company valuation (you may wish to keep exact figures vague in order to further negotiate) Exit strategy. For debt financing, answer the following:
Loan amount needed When you need it When you will be able to pay back the loan The amount and frequency of Hiking Trail Essay, loan payments. In addition to wedding the information above, you should also summarize how you plan to use the funds. The level of detail should be at a high level ; if the electronic media promotion, investor or lender wants to see expenses in more detail that will be available in the Appendix within the Profit/Loss statement. Construction of new kitchen: Kitchen remodeling, March 1, 2014, $25,000 Kitchen hardware, April 1, 2014, $50,000 Total Loan Amount: $75,000. If based on your financial model you anticipate relatively small yet variable expenses month to pakistan month, a line of credit may be a good choice. Electronic Media Promotion. With a line of credit you draw upon it when you require the funds and pay interest immediately on the money as it is borrowed. It works very similarly to pakistan a credit card in that you typically have a pre-set limit to how much you can borrow, the major exception that since you may be able to secure the johann pachelbel biography, line of credit with assets, you may be able to pakistan get better terms.
In the Quick Start Guide we briefly went over the different strategies available and how thinking about your company’s eventual exit will help shape your business model. Dvd Player. It’s recommended you review the Quick Start guide and practice that exercise. Depending on your company, there are various exit strategies available, including: Selling your business Passing it down through the wedding, family Taking the company public (IPO) Liquidation. If you are seeking equity financing, then your investors will pay close attention to Hiking the Appalachian Trail Essay this section. Pakistan Wedding. Angel investors and VCs demand a large return on their investment since they are taking a large risk by tesco value dvd player, investing into your company.
Therefore, you need to include detailed information on how you intend to sell the company or take it public. Demonstrating a large market opportunity. If investors are going to pakistan wedding take a big risk, they demand a big return. Push Factors Of Immigration. You need to demonstrate your business has the potential to pakistan wedding either take substantial market share from an push and pull to america, incumbent competitor, or create a new market. Investors like to be in hot, growing industries such as biotechnology, mobile e-commerce and pakistan healthcare. Media Promotion. These are all industries that have huge upside growth potential and ones that investors are more inclined to wedding invest in. Solving a larger company’s problem. If your exit strategy is to sell your company to a larger company, then identify how your company’s product solves that larger company’s stated problems and/or goals. For example, Apple’s mapping software is playing catch-up to Google Maps. Electronic Media Promotion. If your company can help Apple improve its software, your company would become an wedding, attractive acquisition target.
The mission statement reflects the core purpose and vision of the company. It’s a statement your employees and customers can get behind. Some tips on electronic media writing a well-crafted mission statement: Keep it short. Pakistan. 1-2 sentences max. Don’t use “fluff” words. Make the statement mean something.
A mission statement, if done well, should encapsulate both what the tesco value dvd player, company does (what it sells) as well as the pakistan wedding, culture/vision/purpose. Examples of Fortune 500 firms that really get it right: A. BRISTOL-MYERS SQUIBB COMPANY (PHARMACEUTICALS) Mission Statement: “To discover, develop and media deliver innovative medicines that help patients prevail over serious diseases.” Why it’s great: The keywords “discover, develop and deliver” demonstrate the company’s capability to in delivering an end-to-end solution. By using the words “innovate” and wedding “prevail over serious diseases” it serves as a rallying call for their thousands of employees that what they are doing is (1) cutting edge and (2) has a higher purpose then themselves. Mission statement: “ We will be the Places to Visit in Memphis,, easiest pharmacy retailer for pakistan wedding customers to use.” Why it’s great: In one short sentence, the company has managed to dvd player (1) describe what it sells (2) how it will win in wedding, the marketplace. It is to Visit Essay a pharmacy retailer and pakistan it will solely focus on making itself easier for the customer to use (that could mean so many things, such as innovating online to fulfill prescriptions to improved customer service within their stores). Example of poorly written mission statements.
A. FORTUNE 500 FOOD AND BEVERAGE COMPANY. Mission statement: “ The Company’s primary objective is to maximize long-term stockholder value, while adhering to the laws of the jurisdictions in which it operates and at all times observing the highest ethical standards.” Why it’s horrible: It does not serve as a rallying call for employees, suppliers, or partners. Its objectives are obvious (what company does not want to maximize value) and value borderline absurd (are there companies that do not want to adhere to local and federal laws)? Lastly, it does not mention what the company actually does.
B. FORTUNE 500 VEHICLE PARTS SUPPLIER. Mission Statement: “ We are committed to wedding attracting, developing, and keeping a diverse work force that reflects the nature of our global business.” Why its horrible: While a diverse workforce is certainly not a bad thing, only stating that as the company’s mission statement is ineffective, lacks direction or focus, and completely misses the point of having a mission statement. This is on the Front by Erich on Soldiers predominately for businesses that have previous trading history, but can also be used by wedding, new companies that want to highlight relevant history on how the company came to existence, work completed to date, milestones achieved, etc. Some information you may want to include: Start date First location First product/service Significant milestones/events. Reminder: keep in mind that there is no set rule as to the level of detail you want to include. This is dictated by the relevancy of the information to to Visit Essay the reader and how this information helps strengthen your plan’s ability to build credibility for your company.
Every company is made of milestones. Milestones for a business are achievements that demonstrate the business is on pakistan the right track. Trail. They are best when quantifiable and measureable. For example, achieving a working prototype of your product, or getting to break-even, are both huge milestones that showcase your ability to execute and pakistan wedding reduces subsequent risk of your company. Key concept: The more uncertainty that you can take off from the table, the better valuation you can get for your business. For businesses that have a retail or manufacturing component, this is an important section of your plan. Information you may want to include:
Size (e.g.; in sq. ft.) Location/Address Other notable facts, such as equipment at the facility. Location is important for a large number of media promotion, retail businesses, whether you are a restaurant or purveyor of wedding, consumer products. If possible, provide statistics about the retail location you have chosen or are planning to choose. Describe the lease terms you are able to secure, and if there are any laws that protect the lessee from Places to Visit Essay unreasonable price increases. You can read a detailed article about what to look for in a lease agreement here.
Provide detailed information on the manufacturing facilities. For example, your operation may require a reliable source of electricity and water. Describe how the pakistan, facility provides the business with these resources. If the facility is Places in Memphis, Tennessee Essay pre-existing equipment or structures that can be leveraged, make mention of that. Location can be an important aspect of your business even if you are not in retail or manufacturing. For example, you might want to open your software company in wedding, Silicon Valley as that provides a competitive advantage from an employee recruitment and Places Tennessee fundraising perspective.
If you operate out of a home office. Describe your future expansion plans, including expected date of expansion. Upon completing these sections, you will then be finished with the company and wedding financing section of your business plan. Writing the Products and Services Chapter. The products and services chapter of your business plan should be written clearly and descriptively, to media help give investors a comprehensive understanding of the bread and wedding butter of your business. Your products and services section should include the following sections. Products and Services Chapter Sections. Products and Services Competitors Sourcing and Fulfillment (optional) Technology (optional) Intellectual Property (optional) Future Products and Trail Services (optional) Your products and services are the lifeblood of your business – it’s what your customers need, and if you get this right, everything else will follow . Commonly referred to as “product lift”, which essentially means getting the secret sauce working.
It means that customers want to buy your product/service, and you are filling a need that was previously not satisfied. Thinking in terms of benefits vs. features. What is the consumer really buying? For example, a person buying a Rolex watch is not only buying a device to tell time, but the prestige and status that comes with a luxury product. Think about what end benefit your product/service delivers. Of course, the functional aspects of your product/service are also important. Depending on pakistan what you are going to tesco dvd player sell, think through the features it will provide, packaging, design, branding, quality, and other aspects that help position and/or differentiate it from competing products/services. You may have heard the business adage that acquiring a new customer is indefinitely more expensive then keeping an existing customer. One of the reasons this is true is the pakistan, potential to sell additional add-ons, upgrades and substitute products/services to Places Tennessee Essay existing customers . Think about pakistan, how you can drive incremental revenue. Whether it’s via subscriptions, repeat business, or annual contracts, you may be providing products/services that generate a recurring revenue stream.
This is a good thing, because (1) your revenue can be more predictable and stable (2) you are maximizing earning potential . Think how you can generate recurring revenue, which is expressed with a metric called Lifetime Value per customer. You will complete the price you want to set your products/services in the Financial Plan chapter, and we also have a section for pachelbel you to describe your pricing strategy; however it is advisable to start thinking about how you want to price your products/services. Competitive analysis is an extremely useful tool and one that should be revisited often as the competitive landscape changes over time. It starts with competitive analysis. Background (location, history, ownership) Financials (revenue, profitability) Products (product line, services, patents, licenses) Marketing (channels used and budget, pricing, alliances/affiliates) Personnel (headcount, notable executives, compensation, job openings) Market share Strengths, Weaknesses. Tips on how to perform competitive analysis. The Internet makes this much easier then in days past. Some ideas:
Google search using keywords that your customers would use to find you Look up industry association websites Look up directories such as Yahoo or Crunchbase Use Indeed.com to find your competitor’s job openings Competitor’s websites Find your competitor’s management team members on LinkedIn. Not only pakistan wedding, do you have to worry about johann pachelbel biography, current competitors you can see, but you have to be vigilant and be on pakistan wedding the lookout for new entrants. Electronic. For example, a company that already sells to pakistan wedding your customer base may see your industry as a logical next step. You should consider the likelihood of pachelbel, new entrants high if: The industry sees high margins (its super profitable) There is pakistan unmet demand (more customers then suppliers) There are no major barriers to entry (does not take much to start competing) There is future growth potential (such as mobile apps) Much of this is common sense – if you see a market opportunity that no one is competing in yet, don’t expect that you will be alone for on the Western by Erich Maria Remarque: of War on Soldiers long. Sourcing is simply the process of procuring goods and services from suppliers that are required for your company to make its products or deliver its service. Wedding. Some things to consider when choosing and managing your suppliers: Cost: This is an obvious one – the lower the price, the Places to Visit Tennessee Essay, higher your profit margins will be. Payment terms: The longer you have to pay your suppliers, the more working capital you have on wedding hand. Reliability: You must consider how reliable your suppliers are and to Visit Tennessee Essay what would happen to your ability to wedding operate if they cannot deliver.
Scalability: As your business expands, will your suppliers be able to meet your needs? Fulfillment is tesco simply the pakistan, process of how your company delivers its products/services, from point of sale to delivery. There are several popular fulfillment options: Engineer to order: the product is Places to Visit in Memphis, Tennessee designed and pakistan wedding built to customer specifications (e.g.; large construction projects) Build to order: the product’s design is standardized but manufacture of electronic, final product is based off of customer specifications (e.g.; aircraft and yachts) Assemble to order: the product is pakistan wedding assembled to the customer’s specifications using pre-fabricated components (e.g.; Chipotles burritos, Dell computers) Make to pachelbel stock: the wedding, product is manufactured in on the Western by Erich The of War on Soldiers, quantity based on expected sales of the product (e.g.; retailers) If you are going to be selling physical products and expect to hold inventory, then you should pay very close attention to pakistan wedding how you forecast the amount of inventory you need to meet your projected sales. Too little inventory and you may not be able to meet demand.
Too much inventory and you tie up all of your cash on excess inventory. In Memphis,. Some key points: Have accurate sales forecasts. Use historical sales data if you have it, and make sure you account for seasonality. Wedding. Have accurate inventory tracking. Use bar code scanning or equivalent to ensure there are no data entry errors. Essay. Utilize inventory management software. Pakistan Wedding. QuickBooks, Sage, and a plethora of other vendors provide a cloud-based solution for you to manage and maximize your inventory levels. Technology in today’s business environment is Places to Visit Tennessee becoming more and more important and serves as a source of competitive advantage.
Take Wal-Mart or FedEx as two examples of pakistan, companies that provide services (low-cost products and shipping), but utilize technology as a critical means of delivering those services. Wal-Mart uses a sophisticated supply chain management IT system to ensure its low prices. FedEx uses technology to optimize delivery routes and times, which enables it to ship to practically every corner of the globe, seamlessly and with very low error rates. Think about how technology plays a part in your business and if it is critical to your business operations. If technology is critical to your business operations, then you must think about your disaster preparedness and Hiking the Appalachian Essay contingency planning . Depending on your business, you may want to wedding create back-up copies of data and software, routine security checks, and securing physical assets. What would happen if you lost access to the technology?
Think about alternatives that you could utilize. For example, if you license a piece of software and later down the road decide that the cost is too high, is there a competitor who can license you an alternative? If you have exclusive rights to a technology, either through a patent or through an exclusive license agreement, this is a great competitive advantage and one that you will want to describe in detail. There are two types of intellectual property that may be applicable to a business: industrial property (such as patents and trademarks), and copyright (such as novels and movies). If you have intellectual property that you want to protect, it is advisable that you seek the professional advice of tesco, a good Patent/IP Attorney , since this is a great way to provide a barrier to entry for wedding your business. Intellectual property type 1: Industry property. These include inventions (patents), trademarks and push factors of immigration to america industrial designs (trade secrets, trade dress). If you have any proprietary process or technology then it is recommended that you apply for a patent to protect your invention.
You should apply for a trademark for your company name and pakistan logo as well. Intellectual property type 2: copyright. These include literary and artistic works such as novels, poems and plays, films, musical works, artistic works such as drawings, paintings, photographs and sculptures, and architectural designs. In 2011, counterfeit copyrighted and the Appalachian Trail trademarked goods were a $600 billion dollar industry worldwide. Enforcing your intellectual property may be feasible from wedding a legal point of Hiking, view, but many times is not practical in practice. For example, Microsoft cannot possibly prosecute every single instance where its popular operating systems are copied and pakistan downloaded. IP and your employees and contractors. It is promotion just as important to secure your intellectual property in wedding, relation to your employees and contractors. Everyone should be required to sign an All Quiet Western Front Remarque: The, invention assignment agreement, which basically states that the company owns all works produced while contracted by the company. In addition, you may consider handing out serialized notebooks for pakistan employees to use , so that if there is ever a conflict as to whom owns a piece of to Visit, intellectual property, there is a physical record. If you have future products and pakistan wedding services planned, it is a good idea to describe the johann, product roadmap and pakistan wedding strategy behind it . A key concept is that of product lifecycle, which describes the Hiking Trail Essay, stages of the pakistan, life of a product.
During this phase, your product will incur heavy promotional costs as you get the word out. You may discount the price of the product to encourage new customers. During this phase, you may focus on expanding your product to new segments in value, the marketplace, and expand the product line (for example, with new colors or other variations). During this phase, you are enjoying the fruits of your labor. You may add new features to pakistan wedding your product to stay competitive and to further differentiate your product from Essay competitors. Marketing spend for your product starts to dissipate as sales of your product are in steady decline. After including all of pakistan wedding, this information, you’ll have completed the pachelbel biography, products and services chapter. Writing the Customers and Market Analysis Chapter. The customers and market analysis chapter will give you an opportunity to describe what your customer segments are, what needs you are filling for them, and wedding how these groups of customers are trending in terms of Places to Visit Tennessee Essay, growth and wedding behavior.
This chapter also includes any regulatory restrictions specific to your industry. Customers and of immigration Market Analysis Sections. Market Overview Market Needs Market Trends (optional) Market Growth (optional) Industry Analysis (optional) Key Customers (optional) In the market overview section you are going to calculate the total market (referred to as Total Addressable Market) for your products, and then the pakistan, segment of that market your business can capture. Total addressable market can be thought of in Hiking Trail Essay, several distinct levels. At the highest level is an estimate of the total market given 100% saturation. Another way of looking at this is what would be the total market if one company had 100% market share. Once you have the pakistan wedding, total addressable market, then you can estimate what percentage of this you can realistically capture. The Appalachian Essay. This, of course, is much harder to predict with accuracy. So the important thing to remember is to utilize strong sources for your assumptions.
For example, lets say you plan to open a high-end steakhouse in downtown Miami. To calculate your total addressable market, you might count how many high-end restaurants are in pakistan wedding, the downtown area and research the average annual sales for on the Western Front Remarque: of War on Soldiers each restaurant. Then multiply the two to get the total sales for all high-end restaurants. This would be your total addressable market. Using the example above, we can then drill down to the next level and determine what percentage of the market you can realistically capture. You might assume that you will take an equal share of the market, thereby decreasing all other competitor’s shares in pakistan wedding, the market. Or you might offer cheaper prices, which you assume would take a larger percent of the market. Whatever your assumption, make sure it is well documented and logical.
To obtain jaw-dropping product-lift you must solve a difficult and push and pull factors of immigration to america painful problem for the customer. And if there are competitors, you must solve the problem better than them, and enough so that customers are willing to switch to pakistan wedding your company. Describe what problem your product is solving. If you are targeting multiple customer segments, make sure you go into detail on how your product serves each customer segment. Describe how your solution better solves customer’s pain points then your competitors. We as consumers are inherently lazy. We do not want to go through the time and cost of switching from one company’s product/services unless it is compelling enough, which is dependent on the switching cost.
For example, there is the Appalachian Essay virtually no cost to switch from Coke to Pepsi. On the other hand, there is high switching cost associated with migrating from a Mac to a PC. To overcome this problem, describe how your product either is able to overcome customer’s inherent adversity towards switching products, or if your product is able to reach new customers and bypass switching costs altogether (in other words, instead of pakistan, taking customers away from your competitors, you are creating a new market for your products). Understanding market trends at push the macro level is pakistan critical for and pull of immigration various aspects of your business. A growing or shrinking market is described in more detail in the market growth section. Below are some of the other factors that will affect market trends: The overall economy has a disproportionate effect on some businesses. For example, dog-walking services usually see a decline in pakistan, sales as households reduce spending on non-essential purchases. Government regulations and policies can completely alter an industry, so it is imperative that you are up to date on upcoming changes. For example, the Jobs Act of 2012 allowed for the first time non-accredited investors to participate in private placement of securities.
This in turn has created a new market for crowd-funding websites to emerge to connect startups with all types of push to america, investors. You may be in wedding, an industry where political conditions have an tesco value dvd player, impact on the bottom line. For example, if you count the Dept. of Defense as one of your clients, then the across-the-board budget cuts (i.e.; Sequestration in the Budget Control Act of 2011) would surely have a negative effect on your business. If you build your business on top of a technology platform that will soon be replaced with a more cost affordable, powerful, and easier to pakistan use technology, then that will surely put you in a less advantageous position. Knowing technology trends is valuable in ensuring you are gaining a competitive advantage through the use of technology. Your customers may change their sensitivity to price depending on push and pull to america a variety of factors, including competition, macroeconomic conditions, and changing consumer tastes. Keeping an eye on this trend will ensure you optimize your pricing strategy.
Market growth, mathematically, is simply measuring the change in market size from one time period to the next (usually in wedding, years). Media. So if the market in the first year was $100 million and $150 million the second year, then the market can be said to have grown by 50%. You will find that measuring market growth using historical market size data is much easier then forecasting market growth. Utilize publically available data sources, trade publications, market research firms, and government agencies to find much of this research. Being able to demonstrate a market is growing is obviously important – for pakistan wedding example, the All Quiet on the Western Remarque: Brutality, market for Blackberry accessories is clearly a declining market. Most investors and lenders will not want to see a new business chase after dwindling customers.
On the other hand, the market for Apple and Samsung phone accessories have seen great growth and will continue to grow as those companies continue to add new customers. Your industry is defined as the pakistan wedding, group of Places in Memphis, Essay, companies that are related to you in terms of what you sell/how you derive your revenue. For example, Ford and Nissan are both in the automotive industry. Ford and Nissan’s market (i.e.; customers) would be the end consumers who buy their cars. You will want to describe your industry name/classification (SIC/NAICS Code), which can be found on the Dept. of Labor website. Understanding your industry’s dynamics is imperative to knowing it’s profit potential and wedding attractiveness. A popular framework for conducting industry analysis is Porter’s five forces analysis, which analyzes an on the Western Remarque: Brutality, industry’s competitiveness (and therefore attractiveness).
By performing this analysis you will have a clear picture of your competitors and pakistan how your company fits within the push factors to america, competitive landscape. If your industry has low barriers to entry and low switching costs, then expect increased competition, as there is little standing in pakistan, the way for new entrants to enter the market and compete. If your industry is supplied by very few suppliers with little alternative but to source from those suppliers, then expect downward pressure on your margins. If your industry only has a small number of buyers, or there are many alternative products to choose from, then expect downward pressure on your margins. If there are many substitute products in media, your industry and the switching costs between them are low, then expect substantial competition. An industry is very competitive if there are many competitors about the same size, there is little differentiation between competitor’s products, and it is mature with little growth (so the only way to grow is to take a competitor’s market share).
Although your product may cater to many different sets of customers, you want to focus on a select group that will be the most likely to purchase your product/service and account for the lion’s share of your company’s revenue. For many businesses, you will soon realize that a large portion of your revenue comes from a small percentage of your customers. Pakistan. For example, Starbucks may realize their key customers are white-collar business types that purchase a cup of tesco dvd player, coffee every day, versus the student type that comes in pakistan wedding, once a month. When you can name your key customers. If you are in a business where volumes are low and prices are high, then you should be able to name your key customers individually. In this case, you should describe in detail your relationship with each of them separately. If you’ve filled out this chapter, congratulations.
Doing market research and customer analysis is a complicated and time consuming task. Electronic Media Promotion. Time to move on pakistan wedding to the next chapter! Writing the Marketing and push and pull factors of immigration Sales Chapter. The marketing and sales chapter gives you an opportunity to pakistan describe how you will manage your sales force and what sales activities they will conduct in order to close sales. Overview Positioning Pricing Promotion Distribution. In this section, summarize your marketing plan, being sure to include:
Positioning: Are you going to be the lowest cost provider or provide a differentiated product? Pricing: How will you price your products/services? Promotion: How will your market your products/services? Distribution: Where will your product/services be available? Tip: It will be easier to write this section after you complete the subsequent sections as the overview section summarizes key findings from the other section. Keep this section at on the Front Brutality of War on Soldiers the summary-level, as you will go into further detail in the subsequent sections. Describe how you position your company within the competitive landscape. Will you compete on price, or will you differentiate your offering and stand out from your peers? For example, Wal-Mart positions itself as the low-cost provider in an industry, while Apple designs premium products to reach the luxury end of the pakistan, market. Provide your product/service at the cheapest price point in the marketplace. There are three primary ways to achieve this:
Economies of Scale: For example, being able to turn more tables in a restaurant or produce more widgets in media promotion, a factory. The more you are able to produce from your asset, the cheaper it becomes. It will also be harder for your competitors to enter the market since you have fixed assets and wedding experience that requires a large investment. Low operating costs: Keeping costs down across all aspects of the value, business, including: Standardization: Limited customization Outsourcing: Outsourcing labor to wedding low cost production centers Thrift: Limiting advertising and RD spend Optimized supply-chain: By lowering inventory and negotiating with suppliers, companies can substantially improve their profitability and cash flow. Making your product/service unique by targeting a specific segment of the market is a compelling strategy, especially if: Your customers are not price sensitive The market is competitive Your are targeting a specific niche You can provide a product/service that is push factors of immigration not easily copied.
You can also achieve differentiation through branding and marketing – for example, Starbucks sells premium coffee at a premium price point, primarily through the strength of their branding and not through the taste of their coffee. Determining the optimal price for your products/services will require you to think through several factors: If you are going shooting for the low cost provider strategy, then you will want to price yourself accordingly. Pakistan Wedding. Likewise, if you are going for the luxury end of the market, then a higher price is often times a proxy for quality. How price sensitive are your customers?
If your customers are making their purchase decision primarily based on price, then you will want to be sensitive to this. The price you set must be high enough to over your costs so you can turn a profit. There are, of course, exceptions. For example, you might want to Western Front by Erich Brutality of War achieve economies of scale by maximizing units sold, or you might be maximizing revenue to achieve dominant market share. There may be regulatory/legal constraints on wedding how much you can charge. For example, payday loan vendors are restricted in how much they can charge their customers.
Looking at what your competitors charge can give you a understanding of to Visit in Memphis, Tennessee, what current customers are accustomed to paying and will likely be willing to pay for your products/services. There are price points that consumers are psychologically more accustomed to, such as amounts ending in wedding, .99 or .95. In this section, you move from describing your marketing plan onto how you will convey your marketing message to your intended audience. What marketing channels will you utilize to reach your target customers? Depending on your business, traditional media may be an important component of your complete marketing toolbox. These would include television, radio, billboards, flyers, etc. In today’s environment few companies can afford not to electronic media promotion have a strong online presence. There are a myriad of wedding, options available. Each marketing channel must be carefully measured for effectiveness, as online marketing can quickly add up and consume a small business’s entire marketing budget.
A website is a key component of your digital marketing efforts as it will be the Places Tennessee Essay, destination in pakistan, which your online leads will first visit. Some online marketing options include: Search engines (i.e.; Google, Bing) Directories (Yelp, Angies List) Daily deals (Groupon) Email marketing Social media (Facebook, Twitter) Word of mouth marketing is by far the most profitable and powerful marketing channel available to johann any business. New customers that are referred to your business are more likely to purchase and more likely to pakistan continue referring your company. There are ways to boost word of mouth marketing, especially with the advent of social media. For example, asking a satisfied customer to like your business on Yelp and Facebook will potentially reach hundreds of their contacts, all with one click. Integrating social media into your word of mouth marketing strategy is invaluable for media promotion every business.
Blogging/Becoming a subject matter expert. Having a leading voice in your industry will help your business gain credibility from customers, suppliers, partners and competitors. You can start by participating on public forums and blogs related to your business and adapting the adage “give more to wedding get more”. How will your products be available? On one end of the spectrum is direct marketing, whereby you sell directly to your customers. Or if you manufacture your products, you might sell through distributors, who in and pull factors of immigration to america, turn sell to retailers, who in turn sell to pakistan wedding consumers. Three common models: Product is stocked in mass-market distribution channels. Examples include soft drinks, magazines, etc.
Product is specialized and sold through specialized channels. Examples include nautical computers and tooling/machinery. Product is push of immigration only sold through an exclusive channel. Pakistan Wedding. Examples include luxury products such as high-end motorcycles or designer handbags. The Internet presents an push and pull of immigration, unparalleled opportunity to pakistan reach customers directly, as well as working with online channel partners to reach and sell to customers. Writing the Hiking the Appalachian Trail, Strategy and Implementation Chapter. The strategy and pakistan implementation chapter will give you an opportunity to promotion define the key milestones that mark meaningful progress towards your goals. It also includes sections that further elaborate on your competitors. Strategy and pakistan Implementation Sections. Milestones SWOT Analysis (optional) Competitive Edge (optional) Strategic Alliances (optional)
Milestones are the key events that demonstrate progress is being made , such as completing the in Memphis, Tennessee, company’s first prototype or breaking even. These provide a tangible way to measure the success of the business venture. Milestones are so incredibly important to a business yet are one of those things that can be easily overlooked. Why are milestones so important? Because they are a way to measure meaningful progress of a company that in effect, makes that company less risky (and therefore more valuable). A new company has an extremely high-risk profile – but as it meets tangible milestones, such as completing a prototype or breaking even, the company’s risk decreases. It becomes more apparent that the venture will succeed.
Investors and lenders will be looking at what milestones your company has reached in order to create a fair valuation. Milestones might include: Assembling company team First working prototype Filing/receiving patent or other IP Securing physical location for store First paying customer Breaking even Turning a profit* *If you can demonstrate not only turning a profit, but also sustaining that profit, then that is a huge milestone. SWOT Analysis is a useful technique for understanding your company’s strengths and weaknesses , while identifying both the opportunities open to your business and the threats it faces. Strengths and Weaknesses refer to pakistan wedding internal factors in your company, such as:
Employees and Essay staff Physical assets such as equipment and pakistan facilities Financial assets. Opportunities and Threats refer to external factors facing your company, such as: Market trends Regulatory and legal Macroeconomic conditions Competitors. Competitive edge can be bucketed into four primary areas: cost, differentiation, innovation and Essay operational effectiveness. Are you providing a product/service at a lower cost then your competitors?
This is a straightforward competitive edge that is pakistan wedding very difficult to deliver. Value Dvd Player. Providing the pakistan wedding, lowest cost may require operating on razor thin profit margins or heavy investment in fixed costs in order to achieve economies of scale. Are you providing a product/service that your competitors are not offering or cannot offer? This is value dvd player a common strategy whereby you provide differentiated value in order to pakistan better serve customers and/or reach a portion of the market that may be under-served. Are you leapfrogging your competition and providing a notably superior or new product/service?
Popularized by johann biography, the book “Blue Ocean Strategy”, creating new demand in an uncontested market space is a powerful business strategy. Do you provide superior time to market or customer service? For example, your customers may be willing to pay a higher price for better customer service . Nordstrom’s is an example of a company that uses superior customer service as a competitive advantage. Forging strategic alliances is a commonplace occurrence in business. There are a wide variety of alliances you might encounter, with various parties in which you do business. Even if you do not have any alliances, there may be an opportunity for a partnership in the future and that should be included in this section. You might have a supplier who has a disproportionate amount of influence and pakistan wedding power of tesco value, your business. Pakistan Wedding. Striking a partnership in this case may decrease those risk factors and provide a competitive advantage over your competitors. You might have a large portion of your revenue coming from several key customers. Inking an exclusive agreement to lock in revenue would, for instance, give you predictable cash flow.
It is not uncommon to partner with competitors under certain circumstances – for the Appalachian Trail example, to set standards for pakistan wedding the industry or to help further adoption of a technology. For example, Sony and Tennessee Essay Panasonic partnered together to increase the adoption of wedding, Blu-ray DVDs. Aligning your brand with another company is frequently used, especially if both brands are targeting the same demographic. For example, Samsung is the official sponsor of the Olympic games and will provide free mobile phones to all Olympic athletes. Upon completing these sections, your strategy and implementation chapter will be finished. Writing the Financial Plan, Statements, and electronic Sales Forecast Chapters. Writing the financial plan, financial statements, and sales forecast will be the most difficult part of your entire plan. It requires making a large number of intelligent assumptions about the size of the market you can realistically target, and the costs associated with making your product or rendering your services. These sections are the red meat of your plan — these are the wedding, chapters that any seasoned angel investor or venture capitalist will dig into to make sure they know they’re making a solid financial investment. Chapter 7: Financial Plan and Sales Forecast Sections.
Sales Forecast Personnel Plan Budget Cash Flow Assumptions Loans and Investments Starting Balances Historical Financials Key Metrics for johann pachelbel Success. Define the pakistan, price in electronic media, which you will sell your products and services, the cost it will take to pakistan produce or sell the product/service, and the number of biography, units you will sell. Be conservative when making your estimates on the number of units you will sell, ensuring you have a reasonable methodology when making your forecast. It is highly recommended that you first complete the pakistan, following sections as they lay the foundation for Places to Visit Tennessee Essay defining the sales forecast. Products/Services section: Defines what you will sell and at what price point; also seeks to define the production cost Target Market section: Defines the pakistan, size of in Memphis, Tennessee, your target market and what quantities you can sell. Tip: Your sales forecast should sync with your Sales and Marketing plan. For example, if you plan on hiring several sales people nine months from the pakistan wedding, start of your business, you should forecast an increase in tesco dvd player, sales thereafter.
This is the price you will sell your products/services. Fixed price: Suitable for most sales forecast modeling Price changes over pakistan wedding time: The price of your product/service may increase/decrease in price over time for push and pull several reasons: Keep up with inflation Keep up with increased cost of raw materials or components Seasonal product – discount to offload excess inventory Promote new product – discount upfront to encourage sales, then increase later. This is the direct cost of producing your product/service (at the unit level). Otherwise known as cost of goods sold (COGS). Fixed costs: Suitable for most sales forecast modeling % of sales: A good way to pakistan wedding forecast costs; as sales increase you can set the cost as a % of sales on a sliding scale. Costs vary each month: The cost of your product/service may increase/decrease in price over time for several reasons: Economy of scale: the more units you produce, the Hiking the Appalachian Trail Essay, cheaper it becomes to produce them Bargaining power: the more units you buy from your supplies, the cheaper they become Seasonality: cost of raw materials may fluctuate based on time of year. This is the wedding, expected number of units you will sell. My units are constant: Not particularly suitable as most businesses will expect to have some growth over time. Units sold changes over time: The quantity sold of your product/service may increase over time for several reasons: Growing market share Finding new markets. Sales tax requirements vary by country and by products/services sold. Essay. In the United States, there is no sales tax at the federal level; however, many states levy selective sales tax on particular goods or services.
Check with your state department of taxation if you are required to collect sales tax. Wedding. If yes, you collect the Places in Memphis, Essay, sales tax from your customers and then remit the tax to the state each year. If the individual assumptions used for pakistan wedding each component of the sales forecast is accurate, so will the overall sales forecast. You should be able to explain where each number comes from, citing studies/research that validates your assumptions. The costs of hiring personnel are often the largest expense of any business. Hiking Essay. In this section, you will enter forecasted employees and contractors you plan to hire. The number of wedding, personnel you plan to hire and at what time is All Quiet by Erich Maria The Brutality of War more of an art then a science. Too much staff too soon and pakistan you’ll burn through your working capital.
Too few staff and you’ll run the electronic media, risk of alienating your customers and partners when you can’t deliver. A good way to think about your personnel plan is to wedding think about the milestones you want your business to accomplish and what personnel are required to get your business there. You can always revise your estimates, so start off with your best estimate and come back to this section later. Tweak as needed so that your business model demonstrates profitability within your target time frame. The type of company you are building and the financing required also makes a big difference in your staffing plan. For example, if you are seeking venture capital that mean you are going to want to hire and dvd player scale quickly in order to generate large revenues. Conversely, if you are seeking debt financing, you want to operate as lean as possible and pakistan wedding maximize profitability so you can service your loans.
Fixed amount: Suitable for johann pachelbel biography most situations. Changes over time: You might want to define a compensation plan for sales personnel that have an annual bonus component, for example. Employee: If choosing employee you will have to consider certain employee taxes and wedding other considerations. Contractor: If selecting contractor, ensure that you are classifying said contractor correctly. All Quiet Front By Erich Maria The Brutality. In the United States, for example, you are legally required to pakistan provide employee-type benefits in certain situations even if you classify the pachelbel biography, personnel as a contractor. If hiring employees, you will be responsible for additional costs such as (but not limited to) payroll taxes, worker’s compensation and pakistan health insurance, paid time off, training and travel expenses, vacation and sick leave, pension contributions and other benefits. This is Places to Visit Tennessee referred to the burden rate, which provides a truer picture of total labor costs than payroll costs alone. Burden rate only affects employees and not contractors. If unsure what to enter, 15% is a fair estimate. Explain the pakistan, assumptions and methodology used to define the personnel your business plans to Hiking retain, including how you came up with your compensation figures and pakistan burden rate.
For example, you might explain that as you plan to hire several sales people to coincide with the release of a new product. Enter expenses you plan on incurring for your business. A good way to johann pachelbel make sure you capture majority of your business’s expenses is to think through costs associated with each functional area of your business, such as product development, marketing and operations. Categorize expense into groups, such legal and administrative, rent and leases, and telecommunications. Do not include fixed asset expenses (assets whereby you derive value from for wedding more than 12 months) such as a company van or computers. You will enter these in the next step. Advertising Expense Amortization Expense Auto Expense Bad Debt Expense Bank Charges Cash Over and Short Commission Expense Depreciation Expense Employee Benefit Program Freight Expense Gifts Expense Insurance – General Interest Expense Professional Fees License Expense Maintenance Expense Meals and Entertainment Office Expense Payroll Taxes Printing Postage Rent Repairs Expense Salaries Expense Supplies Expense Taxes – FIT Expense Utilities Expense Gain/Loss on Sale of Assets.
Enter long-term asset expenses here. Long-term assets are comprised of two types: tangible and intangible assets. Fixed assets are tangible assets that provide value for more than 12 months, such as a company van or computers. Fixed assets are depreciated over its useful lifetime. This is an accounting method that allows the business to allocate the costs of the asset over its life by gradually reducing its value. Common fixed assets: Land and Buildings Motor vehicles Furniture Office equipment Fixtures and fittings Plant and Western Brutality of War on Soldiers machinery. Intangible assets are long-term assets that are not physical in pakistan, nature. Intangible assets are amortized over its useful life. These might include:
Intellectual property (items such as patents, trademarks, copyrights, business methodologies) Goodwill Brand recognition. Enter other short-term assets here, which most likely will be any prepaid expense that lasts for less than 12 months. Besides prepaid expenses, other current assets also include short-term investments and securities that are likely to turned into cash within a year. A prepaid expense can be described as such: A 12-month office lease is signed with the to Visit in Memphis, Essay, total lease amount of wedding, $12,000 being paid upfront. The Appalachian Trail Essay. Classifying this as a regular expense would not be accurate because then the PL Statement and wedding Cash Flow Statement would both show the $12,000 as a one-time upfront payment on the month it which it was made. This type of expense is better described as a prepaid expense, since the use of the office is on the Western by Erich Maria Remarque: The Brutality spread out over a 12-month period of time and can be considered an asset on wedding the Balance Sheet that is expensed over time.
By classifying this as a prepaid expense (or an amortized short term asset) then the PL Statement would show the Places to Visit Essay, $12,000 prepaid expense spread across 12 months at $1,000 each month, while the Cash Flow Statement would reflect the $12,000 payment on month in which it was made. Under Assets, the Balance Sheet would then show the amount of Prepaid Lease that is remaining at the end of the accounting period. Enter an estimate for income taxes you expect to pay, which should be a summation of federal, state and local income tax. Do not include other taxes such as property tax (should be entered as a separate expense) or employee-related taxes (this is covered in pakistan wedding, the Personnel Section as the Burden Rate). As this is only an estimate, 100% accuracy is not required (if unsure what to enter here, use 20%). Dividends and distributions (for corporations and tesco value LLCs/partnerships, respectively) are payments to the company’s shareholders/owners, taken from the company’s profit.
Dividends are typically paid out at the end of the pakistan wedding, fiscal year, while distributions can be given out at the discretion of the electronic media, owners. You may want to set this to zero initially and see how the financials of your business model work out; then you can work backwards and determine how much of pakistan, retained profit you want to electronic media promotion distribute to owners/shareholders. Here you can explain any regular costs that are associated with running your business. What are the wedding, monthly or ongoing costs that you must pay to keep the business up and running? For example, this could be paying monthly utilities and All Quiet on the by Erich Maria The Brutality of War rent expenses for your office space, insurance, or any marketing or advertising costs. For a start-up, remember that there are always up-front costs or one-time costs associated with getting things started, so be aware of pakistan wedding, any of these expenses and include them in your budget. Accounts receivable is defined as sales that the company has made but has yet to collect the money from the purchaser.
Most companies operate by allowing some portion of their sales to be on credit. These types of sales are usually made to frequent or special customers who are invoiced periodically, and allow them to All Quiet on the Front by Erich Brutality avoid the hassle of physically making payments as each transaction occurs. Pakistan. You want your accounts receivable to be as low as possible to increase your cash flow. Defining what percentage of All Quiet Western Front by Erich The of War on Soldiers, your sales will be on credit. You want this percentage to be as low as possible, while keeping in mind that for some businesses it is wedding preferential to provide some credit to your best customers. Defining how long it will take to collect payment. Of the customers that you provide credit to, you need to define when they are to pay you back. The faster, the better your cash flow will look like. It is typical to provide net-30, which is electronic 30 days.
Accounts payable is defined as short-term debt owed to suppliers and banks. It is to your advantage to wedding negotiate longer payment terms with your suppliers, as it will improve your cash flow. When looking at All Quiet Western by Erich Maria The Brutality of War on Soldiers accounts receivable (what is pakistan wedding owed to you) and value accounts payable (what you owe), the key thing to wedding remember is that you want to Places to Visit in Memphis, Tennessee be paid as soon as possible, and you want to pakistan pay others as late as possible (cash on hand is king). Defining what percentage of your purchases will be on credit. You want this percentage to be as high as possible, as that will improve your cash flow. Johann Pachelbel Biography. However, ensure you are able to pay your vendors on pakistan the purchases made on credit. Defining how long it will take to collect incoming payments. How many days will it take, on average, to to Visit Tennessee Essay collect incoming payments? Select the typical number of wedding, days between when you make a credit sale and biography when the payment arrives. Keep in mind that shortening this period can vastly improve your cash flow. If your business will sell physical products and you plan on keeping inventory on hand, then you need to wedding define how many months of inventory you wish to keep on Essay hand.
The more months of inventory you hold on hand, the more cash is tied up in pakistan wedding, inventory. This will affect your cash flow. How much inventory should you carry? The ideal amount varies from and pull factors to america industry to industry, and business to business. A good place to find more information is trade associations for your industry. In order to improve your company’s inventory management, you will need to pakistan start by tesco value, collecting good records on your inventory. Using inventory turnover rate as an indicator.
Inventory Turnover Rate = Costs of wedding, Goods Sold (COGS) / average cost of johann, inventory on wedding hand. A low inventory turnover rate means that you may have too much inventory on media hand. Understanding and managing cash flow is very important to any business. The time period for credit sales and pakistan wedding payments may depend on your suppliers or your industry. Paying and getting paid later rather than earlier can entirely change your cash flow projections. You can utilize this section to explain any assumptions about cash flow, including details on the time period in factors, which you will make and receive payments. How did you come to pakistan these assumptions and how will it affect your business?
When taking out of immigration, a loan, you borrow an amount of pakistan wedding, money (principal) from a lender, and are obligated to Places Essay pay back at a later time (usually in pakistan wedding, installments). You will typically pay interest on the loan. If you are seeking a loan then enter the amount, as you want to Western Maria Remarque: The forecast the financials assuming you have secured the loan. Personal vs Commercial Loans. For many small businesses, taking out a personal loan to finance growth is commonplace.
These might include credit cards, home equity line of credit (HELOC), and installment loans. If you have an existing small business, commercial loans can be obtained, which are based on a variety of factors. Secured vs Unsecured Loans. A secured loan is a loan in which you pledge some asset (equipment, property, etc.) as collateral. Pakistan Wedding. Unsecured loans (credit cards, personal loans) are not secured against a borrower’s assets. Interest rates will be higher for unsecured loans versus secured loans, for obvious reasons. If you have a pre-existing loan, then you can specify those details in the Starting Balances section.
A line of credit is similar to a loan with the difference being that interest is not charged on the part of the line of credit that is unused, and the borrower can draw on the line of credit at value dvd player any time that he or she needs to. If you are seeking a line of credit then enter the amount, as you want to forecast the financials assuming you have secured the line of credit. The line of credit may be classified as a demand loan, which means that any outstanding balance will have to wedding be paid immediately at media promotion the financial institution’s request. Investments include injections of pakistan wedding, cash into the business from you, other shareholders or owners, or investors. This typically refers to equity investments where investors contribute cash to the business in exchange for equity (ownership). In this section, you can describe how your business will be funded.
If you are a startup, it is likely that the money you make from sales will not cover all your business expenses so you may need additional sources of johann, funding, such as taking out a loan, receiving investors’ capital, credit lines, or other ways of pakistan wedding, borrowing money. What type of funding will you acquire? At what point in your plan are you expecting these funds? For existing businesses only. The starting balances will be used to in Memphis, Tennessee Essay adjust the balance sheet to pakistan wedding take into account your company’s financial history. Important: all starting balances should be entered as they are at the start of on the Front by Erich The Brutality of War on Soldiers, your plan. Enter starting balances for assets:
Cash Accounts Receivable Inventory Other current assets Long term assets Accumulated depreciation. Enter starting balances for liabilities: Enter starting balance for Capital and Earnings: Enter your Recent Sales: One month before start date Two months before start date Three months before start date Four months before start date Five months before start date Six months before start date. If you are an existing business, you can enter past financial data here.
This is optional and will be used to calculate historical financial ratios in pakistan, the Financial Statements section. For each year of your company history , include: $ Sales $ Gross profit $ Income from operations $ Net profit $ Current assets $ Current liabilities $ Inventory $ Total assets $ Total liabilities $ Total owner equity. Every business model has several key metrics that management can use to see if the business is healthy. For example, a restaurant might use the number of tables it can turn per biography, night and wedding the average revenue per dinner. Think about what levers make the most impact to your business. You will want to continuously track and Hiking Essay monitor these metrics to pakistan ensure your business model is working. Chapter 8: Financial Statements Sections. Profit and media Loss Statements Balance Sheet Cash Flow Statement Financial Ratios. The Profit Loss (i.e.; income statement) shows your revenue, expenses, and profit.
It is the most common of the pakistan wedding, three reports as it provides a view into the company’s projected “bottom line”. The statement here is a read-only display, calculated automatically from the electronic, information you entered in the Sales Forecast, Budget, and Personnel Plan sections. Wedding. If you wish to edit or change any information, you may do so by Front The Brutality of War on Soldiers, going back to those sections. The statement here will update automatically. The balance sheet gives a snapshot of your company’s financial position at pakistan wedding a given point in time, usually the of immigration to america, last day of a fiscal period. It is called a balance sheet because assets (what you own) will always equal the sum of your liabilities (what you owe) and pakistan stockholder’s equity (your investments from stockholders plus money that your business earned that is put back into running your business). The balance sheet here is a read-only display. If you wish to change the balance sheet, you can do so by going back to the builder in the Financial Plan section.
If you are an to america, existing business, you have the option of adding starting balances under the Financial Plan section. The cash flow statement displays the cash inflows and outflows from your operating, investing and financing activities. Rather than providing an overview like the balance sheet, the pakistan, cash flow statement will measure the change in cash during a period. In other words, how much money did you start and end up with? The statement here is a read-only display. You can go back to edit the sections in the Financial Plan section in order to change the accounts affected in the cash flow statement. The Financial Ratios section gives a general overview of the health of your business.
The report here is a read-only display. If you wish to change any of the information, you may do so by editing the relevant financial information you’ve entered previously. The ratios here will update automatically. The Liquidity Analysis shows how solvent your company is, or how easily convertible to cash is the company in All Quiet on the, case. This is important in determining the ability of the business to pakistan meet its obligations, or paying off what it owes in debt. The Profitability Analysis shows the Hiking the Appalachian Essay, overall performance of the company in its ability to pakistan make a profit. The ratios show how much of sales revenue is johann actual profit after taking costs and pakistan wedding expenses into account. The Debt Ratio shows how much of the biography, business’s assets are financed by debt and wedding how much of the business’s assets are financed by stockholders’ equity. The Investment Measures show ROI (Return on Investment) which is the percentage of the return (net profit) of the business divided by the cost of the investment. The most common method of calculating ROI is to divide net profit by total assets. Finishing these chapters represents a massive achievement in completing your business plan.
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Intergenerational Conflicts Essay Sample. In all kinds of wedding, ethic groups in tesco value the United States, Asian Americans such as Chinese and Indians are considered as the largest immigrant group. Although conflicts are inevitable between parents and wedding children, immigrant families face more challenges in tesco value intergenerational conflicts, and there are several reasons. First of all, the wedding disagreement of different values and assumptions between two cultures mainly cause family conflicts. For Chinese immigrant parents, they follow the Confucian values, which emphasizes filial piety, hard work, service and achievements in education and occupations as standards in lives (Foner, p. 21); however, children who are born and raise in American culture, seek more independence and freedom for their own aspects, and majority results against All Quiet on the Western Front Maria Remarque: The Brutality of War their parents. Pakistan! Moreover, issues of and pull factors of immigration to america, discipline and respect may easily create gaps between generations. For the second generations, who are reared in American culture and refuse to follow the pakistan wedding rules and origin culture, consider their parents as old-fashion and push factors arrogant, and “ [t]he parents, with their (sometimes idealized) old world standards, often think their children are rude and disrespectful ” (Foner, p.5). Besides, exceeding expectations and inabilities of language interpretation for some immigrant parents also struggle the relationships with their children (Lieber, p.35). Even though intergenerational conflicts in immigrant families in the U.S. may weaken the relationship between parents and children, as children grow up as adults, those conflicts actually help strengthen the relationship in the long run. Intergenerational conflicts may cause negative consequences for both parents and children. Discrepancies of wedding, warmth from in Memphis,, parents may influence the pakistan wedding attitude of immigrant children in a negative way.
For example, some Asian immigrant parents such as India are not very expressive with their children physically and emotionally, and this makes Asian American adolescents, who have been taught to pachelbel biography, obviously express feelings, think their parents are not showing the warmth to them as the way they expect (Wu, p.516). Wedding! Moreover, for immigrant parents, they intend to dominate their children in beliefs and All Quiet on the by Erich Maria Remarque: behaviors due to pakistan, the fear of losing origin. A psychology study shows that “ [p]arents who were socialized throughout their childhood and early adulthood in their country of origin are likely to have a stable and Tennessee Essay established sense of Asian identity “ (Wang, p. 169), and they also expect their children to participate and achieve well in American culture. As a result, conflicts of high expectations to maintain two different cultures and wedding outstanding achievement would easily cause mental stress, depression and anxiety for immigrant adolescents. For example, an investigation shows that “ Korean American college students who perceived their parents as highly traditional (emphasizing ethnic values) reported more depressive symptoms ” (Wu, p. 517), and another study also indicates that “Young people in Filipino and Chinese families are under tremendous pressure from on the Front Maria Remarque: Brutality on Soldiers, their parents to get good grades, to pakistan, graduate from college, and to pursue “practical” careers such as law, medicine, or engineering “ (Foner, p. Tesco Value Dvd Player! 6). On the other hand, not only children, immigrant parents would also be affected negatively. For instance, children’s marginalization of pakistan, maintaining original culture would cause great frustration to immigrant parents, and and pull factors even the failure in academic performance would also make them feel shame on the poor children, who consider themselves “working at least twice as hard as their American peers while feeling that their parents never think they work hard enough” (Foner, p. 6). Thus, commonly, people assume that the pakistan relationship between immigrant parents and children would be seriously affected and weakened due to these negative consequences. However, when second generations grow up as adults, those conflicts they had before would make both parents and Places Tennessee Essay children change their point of view about each other and gradually develop better acculturation and adjustments. First of all, even though the intergenerational conflicts in immigrant families cause many arguments, dissatisfactions, frustrations, and even depressions between parents and children, their relationship does not really break apart as we thought. Wedding! In a case study, the author explains, “even when young people chafe under parental constraints and on the Western Front Maria The on Soldiers obligations, the vast majority feel deep affection for and loyalty to pakistan wedding, their parents and grandparents and media promotion recognize the importance of pakistan wedding, family and tesco value dvd player the need to assist and support family members “ (Foner, p. 8), and the family actually “ create[s] strong emotional ties that bond members together “(Foner, p. Pakistan! 8) although it is not obviously shown from parents and children.
Thus, when children become adults, their ways of thinking would change and may start thinking maturely. For example, for Chinese immigrant families, filial responsibility, which emphasizes the importance of care for and supporting each family member, plays an extremely important role in pachelbel Chinese values (Diwan, p. 55). Undoubtedly, Chinese immigrant parents would highly expect their children to sustain this obligation even though their children are Americanized. As for immigrant adolescents, who have already been pressured by other expectations from their parents, may create marginalization and pakistan cause family conflicts; however, as growing as adults and facing the value dvd player reality of the world, they may reflect those conflicts in the past and recognize the importance of supporting and pakistan wedding caring family. Also, they may begin to understand why their parents insist to maintain the traditions and beliefs in their host culture (Diwan, p. 58). Besides, as children growing up, immigrant parents’ point of view would also become different from before. For instance, since immigrant children are still developing their characteristics, some immigrant parents set up strict parental guidance in order to johann, establish and pakistan shape their children’s personalities or perceptions in the way they expect; nevertheless, after their children become adults, some parents may not be as strict as before due to the belief that their children are able to be responsible for their own lives.
In the case of changing point of views, both parents and children would start trying to accept different beliefs from each other, and Essay mentally, acculturation and wedding adjustments would be successfully formed. Furthermore, after changing point of view, behaviors would also consequently change to form a better relationship between immigrant generations. Since the point of view has become different and both parents and electronic promotion children become more willing to pakistan wedding, accept the differences, their behaviors would gradually change for Places to Visit in Memphis,, reconciliation; in other words, to strengthen intergenerational relationship. For parents, they become more flexible in discipline, not as stubborn as they used to pakistan wedding, be. For instance, “ extending the evening curfew hour, or permitting dating earlier than some parents would like “ (Foner, p.8); besides, choices of career, interests, and even marriage arrangement can also be negotiated, which is different from the past that children are expected to obey their parents’ decisions without objections.
A research about parenting practices among Indian immigrant families indicates that “ some parents are trying to learn new ways to discipline their children; some are learning new techniques from their children, who explain how American or Americanized friends are disciplined “ (Foner, p.8), and this study shows that immigrant parents are trying to change themselves in order to get closer to their children. Moreover, as for the second generations, unlike the push and pull of immigration time as adolescents, instead of preferring to be alone with friends, they behave more caring about family members and voluntarily provide support when there is a need. For example, language barriers were used to be one of the pakistan conflicts among some immigrant parents and dvd player children. However, after the pakistan wedding change of point of view, some Chinese second generations no longer feel shame about their parents’ inabilities of language interpretation, and an investigation shows that some second generations become more willing to help their parents deal with language problem, and some immigrant parents even improve their language ability from their growing children (Costigan, p. 1253). Besides, for some immigrant Asian-American writers, who realize their identity in two different cultures, appreciate their parents and share their appreciation by writing children books, and All Quiet by Erich of War “many of them write about their past frustration of living two different cultures as well as use stories to express their new appreciation of the hard- ships their parents and grandparents endured and of the ethnic culture they transmitted “ (Mo, p.182). Truong Tran, a Vietnamese-American writer who has immigrated to the U.S since the age of five, writes an introduction in the book Going Home, Coming Home that “ It took me 25 years to return—to Vietnam, and to myself as a Vietnamese. In doing so, I discovered myself as an American. Pakistan! I am not one or the other but in fact both… It is a story of discovering that home is not a place rooted in a country but a feeling rooted in johann pachelbel biography the heart ’’ (qut. in wedding Mo, p.10), and media promotion this well describes the pakistan feelings of the second generation Asian-Americans. Hiking The Appalachian Trail Essay! Therefore, since both immigrant parents and children begin to change mentally and physically for a better acculturation, “ children are less prone to pakistan wedding, feel embarrassed by johann pachelbel biography their parents and more willing to accept parental guidance, thereby reducing the likelihood of intergenerational conflict “ (Foner, p.8); in other words, intergenerational conflicts would be minimized. Finally, intergenerational conflicts are inevitable in immigrant families, and these conflicts often bring out confrontations, discrepancies of values and assumptions, and disappointments of pakistan wedding, defiance between immigrant parents and children. Sometimes, intergenerational conflicts may raise negative outcome and harm the relationship between generations.
Nevertheless, intergenerational conflicts can be actually reduced and on the Western Front Maria the relationship can also become tighter if both parents and wedding children try to electronic media promotion, change their previous point of pakistan, views, which are against each other, and show acceptance of different values and beliefs. In that case, family relationship would gradually be strengthen and never break apart. Furthermore, if the society can contribute and assist immigrant families more; for instance, establishing free language learning for immigrant parents who have problems with English expressions, or organizing some consulting centers for Places Tennessee, immigrant parents to ask for help when there are conflicts between them and wedding their children. If there are more assistances and help for immigrant families, intergenerational conflicts would be reduced faster and earlier instead of waiting for the second generation growing as adults, in Trail which it would takes more time. Wu, Chunxia, and Chao, Ruth K. “Intergenerational Cultural Conflicts In Norms Of Parental Warmth Among Chinese American Immigrants.” International Journal Of Behavioral Development 29.6 (2005): 516-523. Wedding! Academic Search Premier. Web. 22 May 2012. Foner, Nancy. Push And Pull Factors Of Immigration! Across Generations : Immigrant Families In America. Pakistan Wedding! New York University.
Press, 2009. eBook Collection (EBSCOhost). Web. 21 June 2012. Lieber, Eli, et al. “Ethnic Identity, Acculturation, Parenting Beliefs, And Adolescent Adjustment: A Comparison Of Asian Indian And European American Families.” Merrill-Palmer Quarterly 53.2 (2007): 184-215. Essay! Academic Search Premier. Web. 14 June 2012.
Wang, Jenny Jiun-Ling, et al. “Parent–Child Cultural Marginalization And. Depressive Symptoms In Asian American Family Members.” Journal Of Community Psychology 34.2 (2006): 167-182. Academic Search Premier. Web. 14 June 2012. Costigan, Catherine L., and Daphne P. Dokis. “Relations Between Parent–Child Acculturation Differences And Adjustment Within Immigrant Chinese Families.” Child Development 77.5 (2006): 1252-1267. Wedding! Academic Search Premier. Media Promotion! Web.
14 June 2012. Mo, Weimin, and Wenju, Shen. “Home: A Feeling Rooted In The Heart.” Children’s Literature In Education 38.3 (2007): 173-185. Pakistan! Academic Search Premier. Web. 14 June 2012. Diwan, Sadhna, Sang E. Lee, and push and pull factors of immigration to america Soma Sen. “Expectations Of Filial Obligation And Their Impact On Preferences For Future Living Arrangements Of Middle-Aged And Older Asian Indian Immigrants.” Journal Of Cross-Cultural Gerontology 26.1 (2011): 55-69.
Academic Search Premier. Web. 14 June 2012. Is this the perfect essay for pakistan, you? Save time and order Intergenerational Conflicts. essay editing for only $13.9 per page. Top grades and quality guaranteed!
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