document. Senior management and marketing and operations personnel are heavily involved in the strategic planning process. Thats 150 per hour total, which would be 1,200 per day and 7,200 per six-day week at eight hours per day. A business plan is normally essential to the process of purchasing a business. Try to understand why owners are selling a business, and how this affects their willingness to produce real numbers, and how it affects your own possibilities to make this purchased business work for you. Variance analysis shows when the competitive environment has changed significantly from what the company expected.
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However, sometimes sellers have good reasonsneeding capital, aging, divorce, for exampleso dont automatically assume that all growth projections are false. ( 4 votes, average:.75 out of 5). As you plan for the business you purchase, you start by making an important choice: business plans can be either for startup new businesses or for already-existing and ongoing business. 5.1 Marketing Objectives Establish relationships with accountants and attorneys within the targeted market. Each business plan features: Excecutive Summary, company and Financing Summary.