👉 BUSINESS MANAGEMENT PLAN

Managing a business requires more than just the desire to be your own boss. It demands dedication, persistence, the ability to make decisions and the ability to manage both employees and finances. Your management plan, along with your marketing and financial management plans, sets the foundation for and facilitates the success of your business.

Like plants and equipment, people are resources-they are the most valuable asset a business has. You will soon discover that employees and staff will play an important role in the total operation of your business. Consequently, it's imperative that you know what skills you possess and those you lack since you will have to hire personnel to supply the skills that you lack. Additionally, it is imperative that you know how to manage and treat your employees. Make them a part of the team. Keep them informed of, and get their feedback regarding, changes. Employees oftentimes have excellent ideas that can lead to new market areas, innovations to existing products or services or new product lines or services, which can improve your overall competitiveness.

Your management plan should answer questions such as:
• How does your background/business experience help you in this business?
• What are your weaknesses and how can you compensate for them?
• Who will be on the management team?
• What are their strengths/weaknesses?
• What are their duties?
• Are these duties clearly defined?
• If a franchise, what type of assistance can you expect from the franchiser?
• Will this assistance be ongoing?
• What are your current personnel needs?
• What are your plans for hiring and training personnel?
• What salaries, benefits, vacation, and holidays will you offer? If a franchise, are these issues covered in the management package the franchiser will provide?
• What benefits, if any, can you afford at this point?
If a franchise, the operating procedures, manuals and materials devised by the franchiser should be included in this section of the business plan. Study these documents carefully when writing your business plan, and be sure to incorporate this material. The franchiser should assist you with managing your franchise. Take advantage of their expertise and develop a management plan that will ensure the success for your franchise and satisfy the needs and expectations of employees, as well as the franchiser.

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📌 Planning Concepts

Decentralization is highly linked with local government system and has been practiced in the country in varying degrees since colonial times. Historically, the concept of decentralization has never been a new concept in countries across the globe. The term attracted attention in the 1950s and 1960s when British and French colonial administrations prepared colonies for independence by devolving responsibilities programs to local authorities….continuing....

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📌 Best interesting quotes for today which will change you

1. If you are SINGLE and keep on saying "I DON'T TRUST MEN OR WOMEN!" Remember your mates are getting married every Saturday. Let me ask you, are they marrying spirits? Wise up!….continuing....

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📌 Forms of Business Structure

There are several legal forms to choose from when selecting the best means of structuring your business. Carefully considering the various options before start may save time and money later. There are several forms of business structures including:….continuing....

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📌 The journey is so short

A young lady sat in a public transport: an old grumpy lady came and sat by her as she bumped into her with her numerous bags. The other neighbor got upset, asking the young lady why she did not protest and insist on her rights: she responded with a smile: "It is not necessary to be rude or argue over something so insignificant!' I'll alight at the next stop, replied the young lady"…..continuing....

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📌 Life facts which I have discovered

When I woke up I was pondering about life, I discovered that:….continuing....

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📌 What our children and today's generation needs to know

When the ancient Chinese decided to live in peace, they made the great wall of China, They thought no one can climb it due to its height. During the first 100 year of its existence, the Chinese were invaded thrice … and every time, the enemy had no need of penetrating or climbing over the wall… because each time they bribed the guards and came through the doors…..continuing....

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📌 A good Catholic Reflection

A Priest has just requested that this be shared, kindly reflect on it. Thanks!….continuing....

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📌 Clear explanation of Planning

Planning means looking ahead and checking out future course of action to be followed. It is a preparatory step. Planning is a detailed programme regarding future course of action. It determines on when, how and who is going to perform a specific task….continuing....

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📌 How to be charismatic

Relax Your Way To The Top If you are looking to be charismatic, then the first and foremost thing that you have to do is to actually learn to relax. Some people try too hard to be charismatic, but only end up making a fool of themselves. This is not something that you would want to do. So, in order to work on your charisma, learn from the mistakes of others and relax. When you master the art of relaxing in a social setting, you automatically exude charisma. It's a known fact that people love to be around people who are calm and composed. Learn to channelize peace and tranquility to everyone you know and meet. This will help you seem extremely calm and a lot more attractive. With a personality of this sort, apart from wanting to be with you, people may even aspire to be like you. Confidence Concerns While being confident can be easily mistaken for being charismatic, there is a very distinct difference between being confident and being charismatic. Charisma is that quality that makes you seem like you have an extremely attractive personality, and confidence is that quality that adds to your charisma. Appearing confident can make you seem extremely charismatic, because your confidence apart from acting like a magnet will also help put the others around you at ease and create in them a desire to be around you. Here, however, you will have to take a lot of care to stay away from going overboard, because while confidence is one thing, overconfidence is a different thing altogether and it's that one quality that no one can really be fond of. Dish Out Attention In order to seem charismatic, it is important to listen and pay attention. When you manage to do this your charisma quotient automatically reaches new heights. You can pull off attention tactics by simply listening to what people have to tell you and talk as less as possible. However, when you actually do talk, make sure you talk sense and make sure the words that are coming out of your mouth are the kind of words that the other person would want to listen to. Make it a point to smile while you are talking. This will help add quite a lot of appeal to your personality. Be Considerate You are truly a considerate person when you treat others around you just the way you would want to be treated. You wouldn't want to be discriminated against under any grounds, so then there is no reason why you should treat one person differently from the other. Exercise this behavior pattern in your day-to-day life and watch how people are attracted to you like bees are to honey…..continuing....

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📌 Business Debt financing

This is money loaned to the business from outside source that is paid back over time…..continuing....

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📌 A scraper wife

Wife: Am nearly 45 yrs old and one of your friends still finds me attractive !….continuing....

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📌 Mathematicians view of life

Mathematicians say LIFE is like a line segment drawn from point B to point D…..continuing....

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📌 Understand Advent

1. What Is the Purpose of Advent?….continuing....

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📌 BUSINESS PLAN

The process of putting together a business plan, including the thought you put in before beginning to write it, forces you to take an objective, critical, unemotional look at your business project in its entirety. The business plan is an operating tool, which, if properly used, will help you manage the business and work effectively towards its success…..continuing....

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📌 Where do entrepreneurs come from and how do they develop?

If you choose an entrepreneurial career much will depend on your ability to learn quickly from experience, cope with uncertainty, respond to changing circumstances, and deal with unexpected critical incidents. You will find these things less difficult if you develop your general enterprising tendencies…..continuing....

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📌 Basic General Enterprising Tendencies (GETs)

• Believe they can act on or interact with their environment
• Are sensitive to opportunities and needs
• Can set goals and make plans to realize ideas
• Are pre-disposed to persevere, be self-reliant and maintain their motivation
• Take calculated risks to facilitate the implementation of plans….continuing....

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📰 Recent Posts👇

A Pls dont laugh alone send to ur gud naughty friends....

A man 4gets to zip up his trousers , so a lady tells him politely, sir ur garage is open. The man gave her a naughty smile as he zips up and asks, Did u see my BLACK RANGE ROVER SPORT parked inside? . The lady smiles back and says no just one small Toyota vitz with two Flat tyres‚ --Pls dont laugh alone send to ur gud naughty friends……..continuing....

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A STORY Be that kind of woman

Sometime ago, a man went with his wife in their car to a fuel station, while they were buying the fuel, the man discovered that it was the wife's ex boyfriend that is attending to them, He then smiled and turned to his wife and said, "you would have ended up marrying that petrol attendant", but the wife smiled and said, "if I had married him, He will be the one sitting by the steering of the car"….continuing....

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A Ways of how not to argue

Enhance your listening skills. It will make you less defensive and allow you to analyze the statement of other person deeply. You should listen to the other person with patience and give a logical approach to the same. Let the other person complete what he/she wants to say. Once he/she is done, give your feedback. This would allow both of you to lay forward your view point. However, make sure that whatever is said is logical and pertains to the present situation.n Never think that you are always right. If people have been correcting you time and again, know that there is some problem which lies inside you. Accept that you have a problem of arguing on small issues and work on it to exclude the same from your behavior. Accepting your weakness will strengthen your relationship. Also, ask them to help you come out of the problem. Inculcate understanding in yourself. Instead of thinking about your own issues, try to understand the other person's views, feelings, state of mind, etc. This will help you to talk calmly and make the relationship a strong one. After understanding the other person, your approach will not be illogical or defensive. The feedback will be based on the feelings of both the people and not only yours. Introspect yourself and increase your self control power. Also, be aware of the place and people around before heading towards an argument. A couple must never involve in the argument in front of their children. It may have a bad impact on them. Respect each other to share great relationship. Similarly, indulging in a heated argument in a public place such as a mall or cinema hall would make people think of you as uncivilized. Be positive in your thinking. It will exclude negativity from inside and you will have a healthy approach towards any issue. If you have positive nature, you will never get involved in any kind of argument. Do not make excuses and be truthful. Improve yourself rather than giving explanation all the time…..continuing....

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A The Blessings of disappointment

I was pondering about life, I discovered that: Sometimes, to succeed in life you need ENEMIES…. Yes!!!….continuing....

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A Best interesting quotes for today which will change you

1. If you are SINGLE and keep on saying "I DON'T TRUST MEN OR WOMEN!" Remember your mates are getting married every Saturday. Let me ask you, are they marrying spirits? Wise up!….continuing....

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A Bible books connection story

"I went to😁Genesis hotels through😊Exodus road. On the way, I saw 😀Leviticus recording the😃Numbers of people at😃Deuteronomy, while😃Joshua was waiting at the Beautiful gate for😁Judges to see😄Ruth calling loudly☺"Samuel, Samuel". At a stage, the first and second😃Kings of😊Chronicles were coming to visit☺Ezra,😄Nehemiah and😁Esther for the misfortune of 😯Job their brother. They started singing😒Psalms and teaching children😄Proverbs concerning😄Ecclesiates and😄Songs of Solomon. This coincided with the period that😁Isaiah was engaged in😊Jeremiah's😂Lamentations together with😄Ezekiel and😃Daniel their friend. By that time😊Amos and😄Obadiah were not around. Three days later,😁Hosea,😃Joel and😐 Jonah traveled in the same ship with😄Micah and😊Nahum to Jerusalem.😄Habakkuk then visited😃Zephaniah who introduced him to😃Haggai a friend of😃Zechariah whose cousin is😊Malachi. Immediately after the tradition,😊Mathew,😁Mark,😃Luke and😄John got involved in 😁Acts of the 😄Romans who were behaving like the 😁1st Corinthians group because the 2nd Corithians group were always at loggerheads with the 😀Galatians n 😐Ephesians.At that time too, they realized that the ☺Philippians were close to the 😃Colossians, suggested the first 😃Thessalonians visit and that on their second 😃Thessalonians visit they should first of all see the first and second of 😊Timothy brothers who had gone to the house of😃 Titus to teach ☺Philemon his younger brother how to read and write in 😄Hebrew. On hearing this, 😊James asked 😃Peter twice to explain to him how the three 😄Johns have disclosed to Jude the 😁Revelations of this journey.💐"….continuing....

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A WHAT A MESSAGE

"A certain gentleman walked into a hotel and after perusing through the menu ordered for some food. After about 20 mins another group of gentlemen walked in and ordered for theirs…..continuing....

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A Beautiful story

Couldn't resist sharing this beautiful story 😊….continuing....

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A Short love story

SHORT LOVE STORY 1.I stood at the bus stop near the National bank with my earphones on.The Egerton welfare bus had taken long beforearriving.I kept on glancing side from side and watched people walk in diffrent direction with least interest.Just then, a cute lady came talking over the phone towards me.The smile she put on her face was heartmelting.She was fairly tall with long silky black hair thattouched almost the middle of her back, her eyes were shiny and attractive.I stared in her direction as she leisurely paced towards me.As she approached where i was standing, i quickly turned to my phone and started pressing it aimlessly in pretence.She walked passed me without throwing aglance!Just then, the bus screeched into the parking lot hooking loudily to alert those students whowere unware.As i climbed the second step in the bus, a thought came to me,"i will not be able to see this woman again, what the hell! This is a God given chance"I climbed down from the bus and paced in the direction of where she was walking.I stretched my neck over the crowded street and saw her black hair sway from side to side as she leisurely walked.I followed her at a safe distance admiring her figure from behind.I wasnt worried getting to school late. No.Just then, she pulled herself to a bookstall and started glancing at the books as she read the cover.I moved there,and pretended i wanted to buy a book. As she did, i went through the books picking a book after the other, read the cover and droppd it back to the stall.She accidentally touched a pile of books at the edge of the stall and in one fall,the books wentdown like an avalanche.I bent down assisted her to rearange the books back as our eyes met for the first time.She made me to blush alittle!She then left and walked along the street briskly glancing at her phone at some point.I followed her for i didnt know why i couldnt ask her name.She glanced at the back and noticed i was tracing her.I looked left,right, here there pretending i wasnt intrestd in her.She kept on glancing at the back maybe to catch me offgaurd,and that made me uncormfortable and at some point i bent downto tie my shoe laces,or i could turn and start walking in the opposite direction.I saw her cross the street and entered the building directly opposite Easy coach booking office.I couldnt cross immediately because of the damn traffic!I made myself past the slow moving cars and dashed into the bulding.As i made my way in, i saw her enter the Lift as the door closed swiftly, indicating 6th floor.I took the stairs climbing like a racing moving star.As i arrived on the 6th floor puffing and huffing,she dashed out from a certain office and my eyes met with hers!I stood still, my heart beat increased, i was dumbfounded.She smiled as she entered the lift. I quickly thought to myself and crept inside the lift too.I mastered my courage to talk to her.We kept on sneaking quick glancing at each other making sure we dont catch each other offgaurd.I wished the lift to get stuck so we can spend alot time with her.She then pressed GF button and the lift flew down.Upto this time i had not talked to her for i hadtensed to strike a chat.Neither had she.As the lift touched the ground floor,her phonerang but she didnt recieved.She paced towards the other side of the streetpeherps to catch a Mathree to her hood.As she crossed, an over speeding car raced towards her.I shouted pointing towards the car and ran to her.She had seen it and paced to the other side of the road!I saw the car directly towards me.People started to shout and screamed.The car hooted continously.I tried to pace,bt it was too late, the silver coloured roaring subaru was about to hit me when my 6AM morning prayer alarm went a burst!What a nightmare!Enjoy yo week guys. Love u…..continuing....

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A How to develop your personality

Each person is unique: Remember that each individual is different and has his or her unique characteristics and qualities. Comparing yourself with others around only increases the distress, especially when you start focusing on where you are lacking compared to others. It is important that you channelize your energy towards your positive traits. Do not get swayed by media portrayals: Media portrays people in its own idiosyncratic ways. It does not mean what or how you should be. Personality matters, not looks alone: It is not just looks that are important and that define who you are. Personality defines who you are and how you respond in various situations. It is essential to focus on the personality, which matters the most. Learn social skills: Just looking good will never be sufficient to take you forward in life or help you in your relationships with people. Instead, hone your social skills. The more success one has in social spheres of life, the better you would feel about yourself. Have a healthy lifestyle: Life is a balancing act. Learning to balance different aspects of life is integral to a wholesome life. Have a good, balanced diet and exercise. Do not avoid social interactions: Just because you feel you aren't good-looking, do not avoid meeting people. The more you shun social interaction, the worse you would feel about yourself. Know your positives: If every individual has his or her limitations, then he or she also has positives. These positive are what you need to concentrate on. Know your strengths. Acknowledge them and work with them. Get healthy peer support: Peers are an important part of your support system. Having peers who are supportive can contribute to our understanding of situations, giving alternative perspectives. Talk to parents and friends: The difficulties you might face in evaluating yourself in a positive light can be taken care of by talking to family and friends. Develop media literacy skills: Learn to see messages in the media in a dispassionate manner. Try and develop this skill so that you are able to integrate what the media shows in a realistic manner. Everyone has their notion of how people should look and dress, etc… All these diverse perceptions can lead individuals to believe that they need to be a particular way, and if not, then it implies something negative about them. This can frequently affect one's moods and behaviour. Know Yourself: The first step on your quest to develop your personality is to know yourself. It is very important to know yourself in order to figure out what needs to be done to modify your existing personality. Knowing yourself is not about knowing your favorite color, food and etc. It is about knowing your limitations and plus points. You must be aware of your abilities so that you can use them when the time comes. You need to analyze yourself and find out what is it that you lacking in. Are you short tempered or do you panic easily or is that you can't speak in a group. Find out and then accordingly we can work on your personality. Comparison: You need to accept one thing that you cannot be best at everything. We all have our strengths and weaknesses. You are different from others; you have your own set of talents and abilities. Just because there is someone around who is great at a think you are not good at does not mean he is better than you. There will be things that he cannot do but you can. No one is perfect in this world. So never compare yourself to others. It does more harm than good. Love yourself and you will definitely achieve a better personality. Courteous: Personality as I said is not just about how you look. It is how you present yourself. It is how you impress others. An expressionless and monotonous tone will get you nowhere. You need to have an attitude that is pleasing so that you are welcomed wherever you go. Be courteous and humble. Greet your juniors with a smile and reply back to their greetings. At times have lunch together or offer your lunch to them. Be available for your people and you will become dependable for them. This is a remarkable trait for your personality. Mannerism weighs a lot in the professional world. Body Language: Having a personality takes into account everything. Not just the way you dress up and talk but also your body language. How you walk, sit , eat , how you behave when others are talking etc make a huge impact on others. Your body language is therefore a very important is very aspect of your personality. Have a relaxed posture. Walk upright do not droop or be extra rigid. When others in a group are talking have a relaxed tone. Do not get involved with the surroundings but pay attention to the speaker. If he is talking to you have a calm eye contact and not staring or distracted. Have a good body language that shows that you are confident. Physique: The easiest way to achieve a good personality is to have a good physique. It cannot be denied that a good physique is very important. It is a very important part of your personality. Your physique not only sets an impression but it speaks a lot about you. A good physique says that you are a well planned person. You think about yourself and about your health. It also gives a perception that you are away from bad habits and company. It really says a lot about you. So start exercising and stay fit to develop your personality. Speech: A very vital part of any personality development program is to help you speak better. By speaking better I do not mean using big words and giving speeches. The words you use are very important. Have a decent and simple manner of speaking. Use a language that is understood by all. Now a day's English has the top priority. If you do not have grips over this language enroll yourself with some coaching class. When you speak in a group see to it that your words are not offending or agitating. When to speak is more important than what to speak. So take care of your speech as much as you can. Appreciate: A great personality knows how to impress and make an impact. In the professional world where you work or stay in a group; to be accepted by others is very important. All the pain of building a personality is to be accepted so that we can move on and work in a better way. Develop a habit of appreciating your mates no matter how small the work is. Although take care that you are not being fake. Appreciating others makes you a very friendly person. You also motivate your mates and that makes you a better employee as well. Thus a simple habit of appreciating helps you develop your personality by making you a little selfless. Attire: Yes personality is not all about dressing up but the way you dress does have an impact on your personality. So even if not the most important you attire is definitely one of the most important aspect of your personality. Dress up in a decent manner. Be professional and avoid flashy colors. Avoid unnecessary piercing on your body or tattoos. Wear neatly ironed and unstained clothes. Look pro essional or according to the environment of your working place. It is very important to develop your personality to have a great sense of dressing. Confidence: I will definitely say that this is the most important thing to be achieved to obtain a better personality. You have to be confident with whatever you do. Your confidence says that you know about your work and you are well aware of your abilities. If you shy of speaking in public then you have to start speaking as having confidence is very important. Believe in yourself and to help you build confidence read success stories of other people. Have motivational slogans and pictures on your board etc to help you boot your confidence…..continuing....

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A How to develop ones Enterprising Tendencies?

At some point in an entrepreneurial career a person has to start developing experience and learning actively about what they do best and what they should learn to do better, and the sooner they start learning actively the sooner they start being enterprising…..continuing....

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A Look what happened to this man

A married man died before he could have sex with his wife. The wife then cut off his penis and mounted it to the wall. Each night she went to the wall and satisfied herself. One day the neighbour Sipho found out what was happening. He then made a hole in the wall, removed the dead man’s penis and put his own penis and waited for the lady. The lady came with a knife and said “darling, we are moving to a new house. 😂 😂 😂 😂 😂 😂….continuing....

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A Funny mathematics paper

MATHEMATICS,PAPER 1 P299/2
Time:2:30mins
Instruction: Attempt any four
questions.
ALL QUESTIONS CARRY EQUAL MARKS.
1. You have dated a girl for two years and eventually she drops you for another guy. Calculate the percentage of time wasted (20 marks).
2. You buy airtime for your girlfriend and she calls another guy. Using trigonometric identities, derive the general formula for this kind of love (20 marks).
3. You are dating four girls simultaneously, and each of these girls is demanding a Samsung Galaxy S5 and an Ipad 3 from you.
(a) Plot a graph of girls against the prices of these phones(15 marks).
(b) Using data from your graph, state the estimates of your future poverty (5 marks).
4. You are dating other people's sisters, but you don't want to see any guy with any of your sisters. Calculate the percentage error in your thinking capacity, given that you have 4 sisters and 3 girlfriends. Take Pi = 3.14 (20 marks)…..continuing....

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A Business Market Research

• How will people behave regarding a particular topic, habit, activity, decision or business?
• Will my idea work? Can I sell my product or service to make money
• What marketing tools will be most effective?
• How much product or service can I sell?
• Is there a need for more new products or services?….continuing....

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