Business Development Plan Sample

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Each week, for example, participants would fill out "Decision Sheets" which essentially outlines their company's strategies in terms of inventory control, quality control, hiring and firing, maintenance, advertising, etc.Business Simulator: A business simulator is a computer program used to improve an individual's business skills in areas of cash management, ordering materials, production, quality control, wages disbursement, financial statements, setting prices, setting promotional campaigns, and so on.Business simulators allow individuals to form their own fictitious company and compete with other fictitious companies for industry sales and market share.These funds will be used for such things as; training, market testing of new products, attending conferences, seminars and trade shows, purchases of resource material, market research, hiring additional casual laborers, and product testing.The remaining topics to be addressed under this section include: In total, J&B is investing a total of 6,299 in Research and Development over its three year forecasted period.Selling Advertising Space J&B's initial software product as well as future training products can be used as an adverting media for various organizations, businesses and financial institutions.For instance, a national office equipment manufacturer such as "Canon" may buy advertising space from J&B.Forecasting Financial Statements Software Many people find forecasting financial statements a tedious and difficult task.Although, the Company's initial product provides users with detailed training on how to construct forecasted financial statements, it does not, however, alleviate the excessive time required in developing such statements.As the Company grows, however, we plan to expand our web-page content to possibly include such items as an entrepreneurship newsgroup, problem solving cases, a small business publicity column, downloadable software, business tips, training in business mathematics, on-line business trivia, an on-line business board game, an on-line business simulator, an on-line surveying newsgroup, and an equity investors' newsgroup.These augmented products will be closely reviewed and researched to determine their feasibility.

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