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:
β€’ How does your background/business experience help you in this business?
β€’ What are your weaknesses and how can you compensate for them?
β€’ Who will be on the management team?
β€’ What are their strengths/weaknesses?
β€’ What are their duties?
β€’ Are these duties clearly defined?
β€’ If a franchise, what type of assistance can you expect from the franchiser?
β€’ Will this assistance be ongoing?
β€’ What are your current personnel needs?
β€’ What are your plans for hiring and training personnel?
β€’ What salaries, benefits, vacation, and holidays will you offer? If a franchise, are these issues covered in the management package the franchiser will provide?
β€’ 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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πŸ“° Recommended PostsπŸ‘‡

πŸ“Œ Understand Advent

1. What Is the Purpose of Advent?

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πŸ“Œ Entrepreneurial Characteristics

It is clear that the definitions of the 'entrepreneur' are not similar. However, there are certain qualities and/or functions which explicitly or implicitly, feature in most of them. Each definition contains similar notions, such as newness/value, organizing, creating wealth, and risk taking, despite viewing the entrepreneur from a slightly different perspective. Failing to agree on a single definition, entrepreneurship specialists have resorted to drawing up lists of qualities and/or functions which typify the entrepreneur. Invariably, these lists include a combination of characteristics: People with entrepreneurial qualities and skills tend to enjoy the challenges, the hard work and the success of self-employment.

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πŸ“Œ STORY: Keep my shirt clean

Two guys were drinking in a bar.
As they were drinking, they started arguing, one guy pounce on his friend and started
beating him.
.
After a long beating he realised that his friend was no longer breathing, he already died instantly.
Then the guy started running with his
shirt full of blood.Those who were
watching the fight started chasing him.
.
He ran to the house of a Christian man, knocked and said,
"Can u please hide me, i have killed a person and people are chasing me."
.
The Christian man replied ,
"Where am i going to hide you in my one room
apartment?"
The muderer said "There is no time to
waste here, just think of anywhere you
can hide me."
.
After a long thinking, the Christian man
said to the murderer,
"Give me your shirt and take my shirt but remember to keep my shirt clean"
They exchanged their shirts.Then as
soon as the Christian man opened the
door, people started beating him and
was badly injured that he was taken to
the police station.
From police station, the case was taken
to court and the man was found guilty of
murder and was sentenced to death.
.
The real murderer was safe at home but
was feeling so guilty that he ran to the
Court and said,
"Can you please release that innocent man, am the real murderer".
.
The judge replied "unfortunately it's too
late, the man is already hanged at last".
He ran to the police where the man was
hanged and for sure he
found him dead hanging.
.
He knelt down and cried his eyes out and said to himself, " You paid for my crime"
He remembered the Christian's last
words:
"KEEP MY SHIRT CLEAN !!!"
That's how the murderer repented and
became a christian!
.
MORAL OF THE STORY ;
This is what Jesus did for us. He died for
the crime he did not commit on the cross of Calvary.
Now if you are thankful with what Jesus
did for you, Appreciate Him by just sharing
πŸ™πŸ»πŸ™πŸ»πŸ’’πŸ™πŸ»πŸ™πŸ»

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πŸ“Œ Factors of Life

factor of life.
1. be grateful for what you have

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πŸ“Œ What is agribusiness

(i) supplying of inputs needed for farming and
(ii) Marketing of the products grown from farm.

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πŸ“Œ What is a Business Plan?

A business plan is a blueprint of your business. It is a detailed plan from which all other plans should be developed.

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πŸ“Œ Try this if you think you speak English fluently

try dis!
''THREE WITCHES WISH THREE WISHES,BUT WHICH WITCH KNOWS WHICH WISH WHICH WITCH WISHED."
Send it back as a voicenote, let's hear accents,
Don't spoil d fun….
Waiting 4 ur voicenote πŸ˜€πŸ˜€πŸ˜€

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πŸ“Œ The story of crime girl πŸ‘§

A lady committed a crime and she was sent to court. The punishment for the crime was life imprisonment. She shed tears for help but to no avail.

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πŸ“Œ Developing Business Ideas and Opportunities

You may have considered the prospect of starting your own business many times before. The thought of being your own boss – calling the shots, being responsible for your own financial rewards – is very alluring. You may have had the drive, the experience, and the financial resources necessary to succeed. The only thing stopping you were figuring out what type of business you should start.

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πŸ“Œ Take me back to the old path

Take me back to the old Paths, when Moms were at home.
Dads were at work.
Brothers went into the army.
And sisters got married BEFORE having children!
Crime did not pay; Hard work did;
And people knew the difference.

Moms could cook; Dads would work;
Children would behave…
Husbands were loving; Wives were supportive; and children were polite.

Women wore the dresses; and Men wore the trousers.
Women looked like ladies;Men looked like gentlemen; and children looked decent.

People loved the truth, and hated a lie;
They came to church to get IN, Not to get OUT!

Hymns sounded Godly; Sermons sounded helpful;
Rejoicing sounded normal; and crying sounded sincere.
Cursing was wicked; Drinking was evil; and divorce was unthinkable.

We read the Bible in public; Prayed in school;
And preached from house to house.
To be called a Christian was worth living for;
To be called a traitor was a shame!

Sex was a personal word. Homosexual was an unheard of word, And abortion was an illegal word.

Preachers preached because they had a message; and
Christians rejoiced because they had the VICTORY!

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πŸ“Œ This touched me

*This touched me.*

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πŸ“Œ 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.

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πŸ“Œ 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.

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πŸ“Œ 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.

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πŸ“Œ 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 tyresβ€š --Pls dont laugh alone send to ur gud naughty friends….

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πŸ“° Recent PostsπŸ‘‡

A Self improvement of ideas

Meditation gives you that inner peace like nothing else can. Initially, it is a little hard to concentrate and there will be plenty of distractions. Let these distractions be a part of the learning process. After some time, you will notice that all negativity will be removed and you become happier. Sleep gives you a sense of calm and freshness when you wake up. But, try a reverse approach. Wake up about 30minutes earlier than normal and see how many more things you can do. Extra time gives you that extra edge to better yourself. It takes fewer muscles to smile than to frown! So you know what you should be doing. Smiles make such a big difference, and when someone around you is happy, it sends out positive vibes. Accept compliments with a smile and thank people for them. Be kind to yourself and everyone will do the same. Principles are important in a school, college, at work and at home. They are equally important in you. Principles must be set in a realistic way. It can be as simple as not wasting food or as complex as saving paper. Rules are not meant to be broken. So if you keep your principles on, you've obviously becoming a better person. Have complaints about everything? Stop this. It is an extremely irritating habit. Stay around people who don't give you a chance to give in to complaints, distract yourself and send out good signals which will increase your people power. Find a mentor or a role model who you'd like to be like. You don't have to become this person mentally and physically, you could implement their way of life into yours. Setting goals is what differentiates a person with good behavioral and mental skills compared to one that has no aim in life. Remove unwanted people and things from your life. You are better without them. Go to your room, remove all unwanted letters, posters and make more space for new things. If someone has been bothering you, cut him/her from your life for a while. Lay low till you think you can deal with them. It's about how you feel. Now, you will have a clear and creative mind for the new things to come. Television is for the utterly bored! It is junk for the mind and body. If you feel like you need entertainment desperately, then watch something educative for about 30 minutes or so but don't drown in the idiot box.

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A Factors of Life

factor of life.
1. be grateful for what you have

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A A scraper wife

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

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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.

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A When to be silent

I Found this one somewhere and it made me think
I'm still learning…

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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).

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A Beautiful story

Couldn't resist sharing this beautiful story 😊

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A 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

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A Dress proper ladies

Two young ladies arrived in a Meeting wearing clothes that were quite revealing their body parts. Here is what the Chairman told them: He took a good look at them and made them sit. Then he said something that, they might never forget in their life. He looked at them straight in the eyes and said; "ladies, everything that God mande valuable in this world is well covered and hardly to see, find or get.

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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!!!

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A Developing Business Ideas and Opportunities

You may have considered the prospect of starting your own business many times before. The thought of being your own boss – calling the shots, being responsible for your own financial rewards – is very alluring. You may have had the drive, the experience, and the financial resources necessary to succeed. The only thing stopping you were figuring out what type of business you should start.

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A Understand Advent

1. What Is the Purpose of Advent?

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A How to make people think in your way

Show respect for the others persons opinions. Never tell a man he is wrong. The only way to get the best of an argument is to avoid it. If you are wrong admit it quickly and emphatically. Begin in a friendly way. Get the other person saying Yes, yes immediately. Let the other person do a great deal of the talking. Let the other person feel that the idea is his. Try honestly to see things from the other person’s point of view. Be sympathetic with the other person’s ideas and desires. Appeal to nobler motives. Dramatize your ideas. Throw down a challenge

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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"

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