Report

"This  Our Report"

Customer Segments as an organization serves one or several customer segments.

1.  Value Propositions it seeks to solve customer problems and satisfy customer needs with value propositions.
2.  Channels value propositions are delivered to customers through communication, distribution and sales channels.
3.  Customer Relationships are established and maintained with each customer segment.
4.  Revenue Streams is the result from value propositions successfully offered to customers.
5.  Key Resources are the assets required to offer and deliver the previously described elements.
6.  Key Activities by performing a key number of key activities.
7.  Key Partnership some activities are out secured and same resources are acquired outside the enterprise.
8.  Cost Structure the business model elements result in the cost structure

Business Plans

Planning as a Process

•  The business plan is not abstract, not uninformative, not theoretical, not mysterious.

• It is a document that convincingly demonstrates that business can sell enough of it’s      products and services to make a satisfactory profit.

• It is a selling document.

Simple

-          Easy to understand and act on

-          Does it communicate its contents easily and practically?

Specific

-          Is the plan specific?

-          Are the objectives concrete and measurable?

-          Does it include specific actions and dates of completion

-          Specific persons responsible and specific budget.

Realistic

-          Is the plan realistic?

-          Are the sales goals, expense budgets and milestones dates realistic

-          Achievable, doable

Complete

-          The requirements of a business plan vary depending on the context.

Use of a Business Plan

1.       Define and fix objectives

2.       To create regular business reviews and course direction

3.       To support a loan application

4.       To define agreements between partners

5.       To set a value on a business for sale, or legal purposes

6.       To evaluate a new product line, promotion, or expansion.

7.       To define a new business.

The Don’ts of Business Plan

1.       Don’t use a business plan to show how much you know about your business.

2.       Nobody reads long winded business plan, so limit it to 50 pages.

Importance of Graphics

•      Tables and charts present information in visual formats with greater impact the word alone.

•      Plans should include graphics, bar charts and pie charts to illustrate the following.

1.       Cash Flow- The single most important numerical analysis in a business plan

2.       Sales Forecast with break even information

3.       Profit or Loss statements or cost-benefit analysis

4.       Projected Balance sheet

5.       Market Analysis

Sample Business Plan Outline

1.       Executive Summary – write this last, a page or two of the highlights

2.       Company Description- History, establishment, start-up plans

3.       Product or Services- describe your selling focusing on customer benefits

4.       Market Analysis- you need to know your market, costumer’s needs, where they are and how to reach them.

5.       Strategy and Implementation- be specific, include management responsibilities with dates and budgets.

6.       Management Teams- backgrounds of key members of the team, personnel strategy and details.

7.       Financial Plan- Profit and Loss, Cash Flow, Balance Sheet, Breakeven Analysis, Assumptions, Business ratios

7th Saturday Class

In this day our professor told us we have a role play. We pick a peace of paper that we need to portrait, we will represent a actual situation in applying a job and also with a touch of technopreneurship , our play was so funny because of mr.yamilao every scene he done something an expected reaction so our play become a comedy but it is q good experience in the end our group got a high score and we all happy special Mr. yamilao heheheheh :P 

sayang wala kamepic nun xD    

5th day Class Saturday "Exam"

Exam na xD!
We all need to review it is our prelim exam.
Our professor told us that he get the questioner in our class, so ako naman na shock at d mkapaniwala nun mkita q un exam hehehe buti nlng may alam ako ;)

4th Saturday Class

This is the questioner with answer key that I send to yahoo group for our prelim exam.
This also the day that  continuation of the last reporting. Because last meeting not all groups presented their power point presentation.  

Pirates of Silicon Valley

Our professor told us that we should  watch the Pirates of Silicon Valley were it is related to our topic in the class and our professor told that we will answer the questioner that related to the movie.

This movie is story about who founded Apple and Microsoft and a look at the early days of the companies. Apple founders Steve Job and Steve Wozniak and  Microsoft's Bill Gates and Steve Ballmer.