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The strategic role of Supply chain management in manufacturing industry Essay Sample. As a manufacturing company in UK, we spend over 50 % of our sales on purchases. Because such a high percentage of an organizations costs are determined by paper purchasing, relationships with suppliers are increasingly integrated and long-term. Joint efforts that improve innovation, speed design, and reduce costs are common. Such efforts can dramatically improve both partners competitiveness.

Consequently, a discipline known as supply-chain management has developed. My presentation in the form of a report will cover the following topics regarding the function of Supply Chain Management: The Strategic Role that can be associated with this function and an analysis of what is involved in the successful implementation of in a world this role. Paper Maker? An outline of how can SCM meet globalisation challenges. II The definition of SCM. 1.What is supply chain? A supply chain as a whole can be viewed as the in a flow of paper maker water in a river: organizations located closer to the original source of supply are described as being upstream, while those located closer to the end customer are downstream. The flow of the research maker whole river is being concerned. In other words, supply chain is a network, which for tangible goods covers purchasing of research paper maker raw materials, manufacturing, assembly and maker, distribution of finished goods to the client. In manufacturing, just like our company, the supply chain is the linkage for the physical movement of all materials from maker, suppliers, through transformation, and then as finished goods for dred decision date the customers.

Supply-chain management is one of the hot topics in business today. The idea is to apply a total systems approach to managing the entire flow of information, materials, and services from research paper maker, raw-materials suppliers through factories and warehouses to the end customers. The focus is on those core activities that a business must operate each day to meet demand. 3 The function of supply chain management. ?U Contribute to the formulation, communication and implementation of policies, strategies and plans. ?U Contribute to the establishment and improvement of purchasing related systems. ?U Establish and maintain a database of purchasing and stores information.

?U Establish and develop source of supply. ?U Acquire supplies. ?U Provide goods and materials to internal and external customers through storage, movement, distribution and dred scott decision, transport. ?U Monitor and control the purchasing, supply, storage, distribution and transport chain. ?U Contribute to paper effective working.

III.Strategic role of haber reaction SCM. The supply process acts as the bridge between core competencies and markets. The ability to research paper maker manage this process along with the strategic core is crucial to market success. There is a need to maker contemplate the scope of strategic thinking and action at two sections. Research Paper Maker? The first is the who did hitler strategic role of research SCM, and the second is the benefit achieved from SCM. 1. William Faulkner The Bear? The strategic role of SCM.

Supply chain management is described as the integrated management of business links, of information flows and of people. Attention is given to the whole chain from raw material supply, manufacture, assembly and distribution to the end customer. For manufacturers, operations are the research heart of the supply process, and supply is not the sole criterion of competitive advantage, but it performs a crucial role in dred scott, support of research maker other strategies. Investments and longer-term developments in manufacturing are examined in relation to changes in business strategy. The second major trend facing organizations is the demand for ever-greater levels of responsiveness and process, shorter defined cycle times for deliveries of high-quality goods and services. All functions have a part to play in the development of strategy and paper maker, manufacturing should be involved as well. Manufacturing is world seen as a strategic resource and development of capabilities is important.

This may open new market opportunities. As a result, in research maker, manufacturing companies, SCM seeks to play one of two distinct roles: a)To establish competitive advantage through unique logistic performance. b) To achieve higher efficiency through cost leadership. Supply chain management becomes even more important for manufacturing companies, when they are competing in the markets where are sensitive to logistics cost or performance. And the Fonterra Business Report Essay management must balance supply chain effectiveness (the quality of the products) against efficiency (low cost).

Another important trend in supply chain management is the recovery, recycling, or reuse of research products from the end user after they have reached the Business Report end of their useful life. Organizations are now extending their distribution channels beyond the end customer to research paper maker include the acceptance and disassembly of final products for reuse in new products. 2. Benefits achieved from strategic SCM. An early benefit of supply chain improvement efforts included project work by paper maker teams that reduced purchasing costs, inventories, logistical costs, and freight costs. As the focus is placed on research paper specific supply chain projects such as mainly clerical, order-pacing activities and in Fonterra Business Essay, which personnel tend to adopt only a short-term, hand-to-mouth approach, merely reacting to contingencies as they arise. Supply chain objectives are usually described by paper maker two opposing goals: satisfying customers (effectiveness) and achieving the hitler highest possible efficiency, and the way in which balance is paper achieved is the fundamental benefit of supply chain strategy. Supply chain effectiveness indicates how well it is paper maker oriented to research the customer. Who Did? The customer orientation of the supply chain has four benefits: high service performance, quick response, flexibility and variety. The benefit of research SCM for manufacturers is the research paper maker quick change in supply chain and introduce new products to meet the turbulent conditions of the market. Inventory becomes obsolete.

In the long run, there seems to be general support for maker the view that in rapid changing world markets, product innovation is an essential ingredient in the capability of maker firms to sustain a competitive advantage. Linkage with suppliers and the relationships that are forged with them can help to stimulate technological changes that can benefit both parties. The alternative is to emphasize flexibility and time-based cycle. There are both internal and external benefits associated with being time-based competitor. Research? The external effects refer to benefits enjoyed by time-based organizations in the marketplace relative to their competitors (such as higher quality, quicker customer response, technologically advances products). Fonterra Business Essay? The internal benefits are found within and between the different functional areas in the firm (including simplified organizations, shorter planning loops, increased responsiveness, better communication, coordination and cooperation between functions). These capabilities become even more important when considered on a global scale. To survive, organizations today must increase market share on a global basis. To meet this challenge, managers are seeking ways to rapidly expand their global logistics and distribution networks, in order to ship products to the customers who demand them, in a dynamic and rapidly changing set of market channels.

IV Implementing supply chain management strategies. The primary purpose in establishing supply chains is to minimize the flow of raw materials and research maker, finished products at every point in the pipeline in order to Report Essay enhance productivity and cost savings (Cohen, 1996; Cooper and Ellram, 1993). There are five points that would be noticed in implementing supply chain management strategies. 1. Research Maker? Establish supplier relationships. It is important to establish strategic partnerships with suppliers for a successful supply chain. Corporations have started to william limit the research maker number of suppliers they do business with by implementing vendor review programs. These programs strive to hate find suppliers with operational excellence so the customer can determine which supplier is serving it better. Research Paper Maker? The ability to have a closer customer/supplier relationship is very important because these suppliers are easier to work with. With the evolution toward a sole supplier relationship, firms need full disclosure of information such as financial performance, gain-sharing strategies, and plans for jointly designed work.

They may establish a comparable culture and also implement compatible forecasting and information technology systems. This is in a barbie because their suppliers must be able to link electronically into the customers system to obtain shipping details, production schedules and any other needed information (Copacino, 1996; Coyle et al., 1996; Keller, 1995). 2.Manage inventory investment in the chain. Each constituent of the supply chain desires to hold no more than its fair share of inventory. For instance, the distributor desires fewer inventories and would like to see inventory held by the manufacturer. As a result, the concept of vendor-managed inventory has become a trend in inventory management. This system allows the inventory to be pushed back to the vendor and as a result lowers the investment and risk for the other chain members (Donovan, 1997; Mayer, 1996). As product life cycles are shortening, lower inventory investment in the chain has become important. Cycle times are being reduced as a result of the quick response inventory system. The quick response system improves customer service because the customer gets the right amount of product, when and where it is needed.

Quick response also serves to increase manufacturing inventory turns. 3.Build a competitive advantage for the channel. Achieving and maintaining competitive advantage in an industry is not an easy undertaking for a firm. Many competitive pressures force a firm to remain efficient. Supply chain management is paper seen by some as a competitive advantage for firms that employ the resources to implement the process. It also serves to increase the clout in faulkner the bear, the channel because these firms are recognized as leading edge and are treated with respect. Attaining competitive advantage in the channel comes with top management support for decreased costs, waste management, and research paper maker, enhanced profits. Date? Many firms want to research paper push costs back to their supplier and take labor costs out of the system.

These cost reducing tactics tend to increase the competitive efficiency of the research entire supply chain. Firms have become more market channel focused. They are observing how the entire channels activities affect the research maker system operation. In recent times, the channel power has shifted to the retailer. Hate? Retailer channel power in the distribution channel is driven by the shift to some large retail firms, such as Wal-Mart, Kmart, and Target. The large size of these retailers allows them the power to dictate exactly how they want their suppliers to do business with them. The use of point of sales data and increased efficiency of distribution also have been instrumental in improving channel power and competitive advantage (Magretta, 1998; Robinson, 1998; Ross, 1996). 4.Increase customer responsiveness.

To remain competitive, firms focus on improved supply chain efforts to enhance customer service through increased frequency of reliable product deliveries. Increasing demands on customer service levels is driving partnerships between customers and research maker, suppliers. The ability to serve their customers with higher levels of quality service, including speedier delivery of products, is vital to partnering efforts. Having a successful relationship with a supplier results in Fonterra Business, trust and maker, the ability to be customer driven, customer intimate and customer focused (Willis, 1995). 5.Introduce supply chain management solutions and enabling information technology.

Information is vital to Report Essay effectively operating the supply chain. The communication capability of an enterprise is enhanced by an information technology system. However, information system compatibility among trading partners can limit the capability to exchange information. An improved information technology system that is user friendly, where partners in the channel have access to common databases that are updated in real-time, is needed. Supply chain management is a broader and strategically more significant concept, which includes the entire supply chain from the supply of raw materials, through manufacture, assembly and research, distribution to world the end customer. Research Paper? It includes the strategic and long-term consideration of supply chain management issues as well as the short-term control of flow throughout the supply chain. These include the adoption of hate appropriate attitudes, perspectives, skills and philosophies by all those who are associated with activities in the supply chain. Interpersonal relationships, both internally and externally, play an important part in the development of effective and efficient arrangements. In conclusion, on the basis of new understanding of supply chain and supply chain management, we need to find new ways of navigating in a changing world and to maker learn how to develop supply chains that enable them to maximise the value for the organization. Malcolm Saunders, Strategic Purchasing and faulkner, Supply Chain Management, 1997.

Cooper,M C, Ellram, L.M, 1993,characteristics of supply chain management and the implications for purchasing and logistics strategy. The International Journal of Logistic Management, 4,2,13-24. Copacino, W.C., 1996, Why you should synchronize logistics and research, manufacturing, Logistics Management, 35, 11, 63. Coyle, J.J., Langley, C.J., 1996, The Management of Business Logistics, 6th ed, West Publishing Company, St Paul, MN. Donovan, M. R, 1997, Reduce inventories and improve business performance, Midrange EEP, 62-4. Magretta, J., 1998, Fast, global, and entrepreneurial: supply chain management, Hong Kong style: an interview with Victor Fung, Harvard Business Review, 103-14. III Linking SCM to companys overall strategy. The supply chain improvements described indicate that supply chain management has the potential to improve a firms competitiveness. Supply chain capability is as important to a companys overall strategy as overall product strategy. Supply chain management encourage management of processes across departments.

By linking supply chain objectives to company strategy, decisions can be made between competing demands on who did hitler the supply chain. Improvements in research, performance are driven by externally-based targets rather than by internal department objectives. Managing the supply chain means managing across traditional functional areas in the company and managing interactions external to the company with both supplier and customers. This cross-boundary nature of management supports incorporating supply chain goals and process reaction, capabilities in the strategic plan of the company. Maker? This focus on integration can then lead to using the supply chain to reaction obtain a sustainable competitive advantage over competitors. The impact of managing overall product demand and the supply of product will impact the profitability of the research company. The supply chain strategy can be viewed as the pattern of Fonterra decisions related to souring product, capacity planning, conversing of finished product, deployment of finished product, demand management and communication, and paper maker, delivery. Linking supply chain strategy to the business strategy involved in producing a companys product.

A company must develop objectives for the management of the supply chain based on corporate objectives. From these higher level objectives, a set of in a barbie world detailed objectives can be developed for each process within the supply chain. This cascading method serves to integrate the supply chain processes with the overall enterprise direction and provides measures for monitoring and execution. Supply chain management can utilized to be a point of differentiation for a company. Excellence on a certain dimension in research paper, product position can provide a competitive marketing opportunity, but shortfalls in providing this dimension by the bear the supply chain can eliminate this advantage. For a company to be competitive, it is not enough just to vary marketing programs. They must define a working program. They must define a working relationship with customers and put themselves in a position to deliver customer value.

All components of the supply chain must have the capability to meet strategic objectives. Companies must evaluate the effectiveness of the supply chain strategy using a new set of paper measures. Typical rewards aimed at improving performance of functions or departments must be revised to strive to improve supply chain performance overall. Research Paper? By trying the research supply chain strategy to the overall company strategy, the objectives become process objective rather than functional objectives. For example, traditionally, one of purchasings measurement is material cost or material variance. Buying product at a lower cost is one way to improve that measure.

Purchasing a carton at a lower cost from a new vendor might lower the cost of the carton. However, the new carton may not run as efficiently through the production process as the one from the original supplier. Purchasings measure of barbie world material variance is favourable, but the manufacturing facility is recognizing added costs in downtime, maintenance, etc. Measurements must be designed to paper look across the supply chain and become process objectives. Included in that process is the internal structure of the supply chain which often is causing as much confusion /cost as external portions of the who did hate chain.

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The purpose of this essay is to explore and evaluate the various approaches that can be taken to facilitate the management of supply chains. Supply Chain Management A terminological Riordan Manufacturings Supply Chain Design. Riordan Manufacturing (Riordan) is a global plastics manufacturing firm established in the early 1990s. According to their website, Riordan currently has 550 employees and projected annual earnings of $46 million. Value Chain and in a barbie, Supply Chain Analysis. Organizations have many priorities to research consider on a day-to-day basis. One of those priorities is the focus on the stakeholders and ensuring they remain satisfied. One way in faulkner the bear, which stakeholders

?Acquiring Competitive Advantage through Supply Chain Management. EXECUTIVE SUMMARY Competitive advantage is crucial for a companys success. For many business models, strategic supply chain management has become the research maker cornerstones of their competitive weapons, for differentiation or cost Anticipatory Logistics on Supply Chain Management. Getting the right product to the right place in the right quantity at the right time, in the best condition and at an acceptable cost is the challenge of logistics.

Supply Chain Design-Riordan Manufacturing. Every organization has their own manufacturing strategy, depending on the type of organization will depend on the strategy to have the best end result. Understanding the strategies and how they

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The obvious setting notwithstanding, academics diverge widely on research paper maker what, if anything unites these plays, or even on what Rome is implied to present. A brief list of the most admitted concepts is as follows: For Vivian Thomas, for instance, the works demonstrate Shakespeare’s espousal of such Roman values as constancy and research paper, valor; For Alexander Leggatt, they show Shakespeare’s concern with human behavior within political circles. Haber Process? This literary concept ranks among the most elaborated and popular ideas, therefore an assignment that requires writing a synthesis essay on this theme has to research paper maker include references to Business the Leggatt’s research works. For John Alvis, they indicate the research tragic costs of living for haber reaction, reputation and self-glory. Therefore, the student who is writing assignments in accordance with John Alvis’s works should concentrate his or her attention on this noble aspect of the main literary protagonist. For J. L. Simmons, they represent a Christian awareness of the limitations of pagan Rome; When Shakespeare brought Julius Caesar to the stage, he was contributing with historians and engaging in paper maker a dynamic dispute with all those observers who were endowed with a copious or fragmentary knowledge of the tragic events of March 44 BC and in a barbie, the acts of Julius Caesar. Various coursework examples and a solid number of critical essays indicate that the play itself incorporates many retellings of events, representations in the form of letters and epistles, symbolic representations like Caesar’s images, the trophies and the crown, and a multiplicity of stage props in paper maker the political theater which lies at the center of the playsuch as Mark Antony’s appropriation of “Caesar’s vesture wounded” - and hitler hate, the transformative power of words themselves, particularly when molded and gilded as they are in Antony’s funeral oration.

The Julius Caesar essay questions : the Shakespeare’s discourse with Plutarch. Paper? Shakespeare’s perfectly trained audience were accomplished in replying to a wide range of allusions, aural proposals, and symbolic tableaux; in sifting arguments and observing the Machiavellian mental activity of rationalization. The sources, then, are not merely the haber process stuff, the materials, the dramaturge draws on maker to compose the play, but dynamic ingredients that the audience is required to bear in mind. Here is a play about uncertainty. No correct interpretation of any set of events seems possible - everything depends on who is who did hitler hate narrating the story. Thereby, for one who is writing a descriptive essay on this play the conditions become even more difficult, because history is never solely recording or retelling; it involves reshaping, not only by the dramatist, narrator or/and historian, but also by participants in the event. A part of the incredibly transformative, hermeneutic energy of Julius Caesar lies in this realization of transforming facts and doings.

Without a doubt, the Shakespeare’s “translation” consists of research maker, a discourse with Plutarch, all the other historic documents which had come his way, and the debates that Shakespeare had encountered through plays, arguments, disputes, and private debates. The heir to a plurality of research, views, Shakespeare was extremely class-conscious of the role of maker, his play in engaging with them. For his audiences Julius Caesar provides the variant of events that would dominate their imagination. While there is no way of retrieving even the ghosts of the manifold contributions to a discussion that had continued from the decision date moment of the manslaughter to the time when Shakespeare began his magnificent play, it is possible to chart in great details the playwright’s response to Plutarch and to clarify the implications of his metamorphoses. Nevertheless, as many tributaries flowed into Shakespeare’s consciousness, the overriding importance of Plutarch is beyond any reasonable question. Writing a Julius Caesar persuasive essay is an extremely sophisticated task, inasmuch as it is always particularly difficult to write a decent paper about a work of genius and there exist no doubts that both of them Shakespeare and his literary hero are geniuses. Many peculiarities have been ascribed to Julius Caesar in research distinguishing its particular status in the Shakespearean canon.

However, the central feature of Julius Caesar is the controversial nature of the event: the tremendous stature of the historic figure, his noble merits and demerits, and research, the verdict are to research paper maker be passed on the key figure in the conspiracy - Brutus, the man whose name was synonymous with unquestionable softness and straightforwardness. Thereby, it is no surprise that a great number of Julius Caesar essay topics is dedicated to the main protagonist of in a world, this play, Brutus, who was the beneficiary of Caesar’s nobility - and who may even have been the Caesar’s illegitimate descendant. In this connection, one can discover a small number of critical works that are dedicated to the man who gave his name to this play. Nevertheless, a Julius Caesar tragic hero essay is paper maker rather a rare topic than a critical commonplace. Thus, a person who wishes to look at this play from a new original angle will be inevitably faced with a considerable amount of contradictions in literary sources.

Even the best services that provide educational materials about different religious studies and historical sources cannot supply the william the bear writer with absolutely correct information about all nuances of Shakespeare’s work. For example, it is maker a critical commonplace that Julius Caesar is one of barbie world, Shakespeare’s “Roman” works, a rubric also applied to Antony and Cleopatra, The Rape of Lucrece, Titus Andronicus and Coriolanus. The obvious setting notwithstanding, academics diverge widely on what, if anything unites these plays, or even on what Rome is implied to present. A brief list of the most admitted concepts is as follows: For Vivian Thomas, for instance, the works demonstrate Shakespeare’s espousal of such Roman values as constancy and valor; For Alexander Leggatt, they show Shakespeare’s concern with human behavior within political circles. This literary concept ranks among the most elaborated and popular ideas, therefore an assignment that requires writing a synthesis essay on this theme has to include references to research paper maker the Leggatt’s research works. For John Alvis, they indicate the tragic costs of research paper maker, living for reputation and self-glory.

Therefore, the student who is writing assignments in accordance with John Alvis’s works should concentrate his or her attention on research maker this noble aspect of the main literary protagonist. The Bear? For J. L. Simmons, they represent a Christian awareness of the limitations of pagan Rome; When Shakespeare brought Julius Caesar to the stage, he was contributing with historians and engaging in a dynamic dispute with all those observers who were endowed with a copious or fragmentary knowledge of the tragic events of March 44 BC and paper, the acts of in a barbie, Julius Caesar. Various coursework examples and a solid number of critical essays indicate that the play itself incorporates many retellings of events, representations in the form of research paper, letters and epistles, symbolic representations like Caesar’s images, the trophies and in a, the crown, and a multiplicity of stage props in the political theater which lies at the center of the playsuch as Mark Antony’s appropriation of “Caesar’s vesture wounded” - and the transformative power of words themselves, particularly when molded and gilded as they are in Antony’s funeral oration. The Julius Caesar essay questions : the Shakespeare’s discourse with Plutarch. Shakespeare’s perfectly trained audience were accomplished in replying to a wide range of allusions, aural proposals, and symbolic tableaux; in sifting arguments and observing the Machiavellian mental activity of rationalization. The sources, then, are not merely the stuff, the materials, the dramaturge draws on to compose the research paper maker play, but dynamic ingredients that the audience is required to bear in mind. Here is a play about uncertainty.

No correct interpretation of any set of in a world, events seems possible - everything depends on who is narrating the story. Maker? Thereby, for one who is writing a descriptive essay on this play the conditions become even more difficult, because history is never solely recording or retelling; it involves reshaping, not only by the dramatist, narrator or/and historian, but also by participants in the event. A part of the incredibly transformative, hermeneutic energy of Julius Caesar lies in this realization of transforming facts and doings. Without a doubt, the Shakespeare’s “translation” consists of a discourse with Plutarch, all the other historic documents which had come his way, and the debates that Shakespeare had encountered through plays, arguments, disputes, and private debates. The heir to a plurality of views, Shakespeare was extremely class-conscious of the role of his play in engaging with them. For his audiences Julius Caesar provides the variant of events that would dominate their imagination. While there is no way of retrieving even the william faulkner the bear ghosts of the manifold contributions to a discussion that had continued from the moment of the manslaughter to research maker the time when Shakespeare began his magnificent play, it is possible to chart in dred great details the playwright’s response to Plutarch and to clarify the research maker implications of his metamorphoses. Nevertheless, as many tributaries flowed into Shakespeare’s consciousness, the overriding importance of Plutarch is beyond any reasonable question. Writing a Julius Caesar persuasive essay is an extremely sophisticated task, inasmuch as it is always particularly difficult to write a decent paper about a work of genius and there exist no doubts that both of research, them Shakespeare and his literary hero are geniuses. Many peculiarities have been ascribed to Julius Caesar in distinguishing its particular status in the Shakespearean canon. Paper Maker? However, the central feature of Julius Caesar is the controversial nature of the world event: the tremendous stature of the historic figure, his noble merits and demerits, and the verdict are to research be passed on the key figure in the conspiracy - Brutus, the man whose name was synonymous with unquestionable softness and straightforwardness.

Thereby, it is in a world no surprise that a great number of Julius Caesar essay topics is dedicated to the main protagonist of this play, Brutus, who was the beneficiary of Caesar’s nobility - and who may even have been the research paper Caesar’s illegitimate descendant. In this connection, one can discover a small number of critical works that are dedicated to the man who gave his name to this play. Nevertheless, a Julius Caesar tragic hero essay is Fonterra Report rather a rare topic than a critical commonplace. Paper? Thus, a person who wishes to look at this play from a new original angle will be inevitably faced with a considerable amount of contradictions in literary sources. Even the best services that provide educational materials about who did hate, different religious studies and research paper maker, historical sources cannot supply the Business writer with absolutely correct information about all nuances of Shakespeare’s work. Research Paper Maker? For example, it is a critical commonplace that Julius Caesar is one of Shakespeare’s “Roman” works, a rubric also applied to hitler hate Antony and maker, Cleopatra, The Rape of in a barbie world, Lucrece, Titus Andronicus and Coriolanus. The obvious setting notwithstanding, academics diverge widely on what, if anything unites these plays, or even on what Rome is implied to present. A brief list of the research paper maker most admitted concepts is as follows: For Vivian Thomas, for in a, instance, the works demonstrate Shakespeare’s espousal of such Roman values as constancy and valor;

For Alexander Leggatt, they show Shakespeare’s concern with human behavior within political circles. This literary concept ranks among the most elaborated and popular ideas, therefore an assignment that requires writing a synthesis essay on this theme has to paper maker include references to the Leggatt’s research works. For John Alvis, they indicate the tragic costs of living for research maker, reputation and self-glory. Therefore, the student who is writing assignments in accordance with John Alvis’s works should concentrate his or her attention on this noble aspect of the main literary protagonist. Research? For J. L. Simmons, they represent a Christian awareness of the limitations of pagan Rome; When Shakespeare brought Julius Caesar to the stage, he was contributing with historians and engaging in a dynamic dispute with all those observers who were endowed with a copious or fragmentary knowledge of the tragic events of March 44 BC and the acts of Julius Caesar. Various coursework examples and a solid number of critical essays indicate that the dred scott decision play itself incorporates many retellings of events, representations in the form of letters and epistles, symbolic representations like Caesar’s images, the trophies and the crown, and a multiplicity of stage props in the political theater which lies at the center of the playsuch as Mark Antony’s appropriation of research maker, “Caesar’s vesture wounded” - and the transformative power of words themselves, particularly when molded and gilded as they are in Antony’s funeral oration. The Julius Caesar essay questions : the Shakespeare’s discourse with Plutarch. Shakespeare’s perfectly trained audience were accomplished in replying to a wide range of allusions, aural proposals, and symbolic tableaux; in sifting arguments and observing the Machiavellian mental activity of rationalization. The sources, then, are not merely the stuff, the materials, the dramaturge draws on the bear to compose the play, but dynamic ingredients that the audience is required to bear in mind.

Here is research paper maker a play about uncertainty. No correct interpretation of date, any set of events seems possible - everything depends on who is research maker narrating the story. Thereby, for the bear, one who is writing a descriptive essay on this play the research conditions become even more difficult, because history is never solely recording or retelling; it involves reshaping, not only by william the bear, the dramatist, narrator or/and historian, but also by participants in the event. A part of the incredibly transformative, hermeneutic energy of Julius Caesar lies in this realization of transforming facts and doings. Without a doubt, the Shakespeare’s “translation” consists of paper maker, a discourse with Plutarch, all the other historic documents which had come his way, and the debates that Shakespeare had encountered through plays, arguments, disputes, and private debates. The heir to barbie world a plurality of views, Shakespeare was extremely class-conscious of the research paper maker role of his play in engaging with them.

For his audiences Julius Caesar provides the the bear variant of events that would dominate their imagination. While there is no way of paper maker, retrieving even the ghosts of the scott manifold contributions to maker a discussion that had continued from the moment of the manslaughter to the time when Shakespeare began his magnificent play, it is possible to hitler hate chart in research maker great details the playwright’s response to Plutarch and to clarify the implications of his metamorphoses. Nevertheless, as many tributaries flowed into Shakespeare’s consciousness, the overriding importance of Plutarch is beyond any reasonable question.

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Create your free Business Plan now. Make an research paper maker investment-worthy business plan easily with our free template. Select a Industry Fill in the Form. Complete your Business Plan. Print and Download For Free. Business Plans: Writing Guides, Downloadable Templates, and Samples. Updated February 15, 2017 by faulkner the bear Legal Templates.

1. Free Business Plan Template Download. Are you an entrepreneur looking to research paper maker download a free business plan? If so, you have come to the right place. Legal Templates is haber process reaction happy to provide you with a hassle-free document downloads. Click the buttons below to download (1) a blank document, and (2) a document that is paper maker filled in for you to Business Report reference. Related Business Documents: Click to View. Whats included in the blank template: In the first download, you will find documents with all of the chapters, section titles, and section subtitles that you will need to successfully complete your plan. Our first plan contains the 8 chapters of a basic business plan including: Chapter 1: Executive Summary: The executive summary provides investors with a general layout of research maker, your company.

This chapter is essentially your hook to convince potential financiers that your model is in a barbie worthy of their investment. Chapter 2: Company and Financing: In this chapter, the goal is to outline the research paper maker, legal and operational structure of your company, financing requirements, the history behind the company, mission statement and william faulkner, the management team. If you are forming a corporation, be sure to include your Articles of paper maker, Incorporation here. Chapter 3: Products and Services: This section describes what products and/or services your business will sell (now and in haber process the future), and how you will build, assemble and deliver them. It also offers a comparison of your company and your direct and indirect competitors. Chapter 4: Customers and Market Analysis: The customers and research maker, market analysis page indicates your target customer segments, what needs you are filling for them , and the latest trends among these consumers in terms of growth and behavior. Chapter 5: Marketing and Sales: The marketing and sales chapter allows you to describe how you will sell your product/service. Particularly what are your companys strategies for william the bear positioning, pricing, promotion and distribution. Chapter 6: Strategy and Implementation: This chapter will give you an opportunity to set the key milestones that help establish a timeline of progress towards your goals. Additionally, it includes subsections like SWOT analysis, competitive edge, and strategic alliances. Chapters 7 + 8: Financial Plan, Sales Forecast, Financial Statements: In the final two chapters, entrepreneurs must define and calculate the financial variables that will go into the creation/expansion of research paper maker, your idea, including its expenses, your anticipated sales forecast, personnel plan, cash flow assumptions, and more.

If you are purchasing an research paper existing company, you should also include the business purchase agreement in paper your plan. Whats included in the template with sample text: In the Fonterra Report, second download, we give you a completed ice cream shop plan to reference. Research! Each section gives an in a barbie world example of what you should write. Our guide also includes example graphs and paper maker, charts, so that you are aware of the Business Essay, types of research, financial calculations, plans, and forecasts that a plan should offer to in a barbie attract investment. For guidance on research, what you should include in in a barbie world your plan, and paper maker, why, please reference our How to Write a Business Plan set of articles below. Downloading this small business plan comes at no cost, so feel free to start your download and get started.

However, you should be aware that there are some pros and cons to in a barbie world using free business templates, rather than using professional software or an experienced writer. Writing a business plan is research paper a prerequisite to your companys success. A solid plan is necessary to help found your company and ensure that your goals remain on barbie world, track over time. Research Maker! Your plan can and research, will change as you encounter the unpredictable variables that come with starting your own company. If you have an existing company, crafting a solid plan is equally important if youre hoping to attract investment and expand your company beyond the research paper maker, limits youve already reached. Your business strategy should account for william faulkner the next 3-5 years in research maker advance, and cover every aspect of your industry, including the critical relation between marketing and sales to your companys finances.

Your plan should include the following sections before you submit it to investors. Click each accordion to read a how-to guide for each chapter: How to Write a Business Plan Table of Contents: How to hitler hate Write the Executive Summary. The executive summary contains all of the essential information about what makes your business strong and worthy of investment . It covers the major highlights of the rest of paper, your plans chapters. The goal is to briefly tell your reader what your company will do, where you want to maker take it, and why your business idea will be successful. Paper! If you are seeking financing, the william, executive summary is your first opportunity to grab a potential investors interest.

The executive summary will be the first chapter of your business plan, though its actually the last section that you should write . First, youll need to do heavy research to ensure that your plan is sound before you can write the executive summary. This section will be different depending on if you are an established business or a new startup. A startup companys executive summary will need to be interesting and convincing to capture the attention of research maker, investors. Your company will lack the historical data and trends that existing companies are able to provide, but there are strategies to mitigate these factors. First, youll need to briefly explain who you are, the who did hate, background of your management team, and your reasoning behind starting a business in your chosen niche. Secondly, youll need to demonstrate that youve done quality research that supports how youve conceptualized your business. Investors know that talk is cheap do you have the data and paper maker, analysis to back up your claims? Even in a standard plan, the executive summary for an existing business has no set template, although there are several suggested guidelines that you can find around the web. Fonterra Essay! We suggest the following basic template feel free to add or subtract sections according to maker your own needs:

Summary Management Team Products and haber, Services Customers Marketing and paper maker, Sales Financial Forecast Financing Requirements (optional) Describe the purpose of the plan (e.g.; to paper maker raise a specific amount of debt financing to paper expand a store location) as well an Essay overview of the company (name, location, company type, products sold, founder(s) and founding date). Describe the key milestones or objectives that you want to achieve with this business (these are the tangible results in which you use to prove success of the venture). This statement should be concise and to research maker the point. Summarize the members of the management team, including highlights of their expertise and experience . Describe how each member contributes to scott date the success of the organization. Keep this section brief, as you will go into more detail in the Products and Services section. Products and Services. Describe the products and services you are providing and who the competitors are within the industry . Keep this section brief, as you will go into more detail in the Products and Services section. Describe whom your customer groups are and whom your key customers are , as well as how you will market to them. Keep this section brief, as you will go into more detail in the Market section.

Describe briefly how you will market your product or service. Summarize the research maker, major points in the Marketing and Sales chapter, which may include market positioning, pricing, promotion, and distribution. Summarize the most important points from the dred decision, Financial Plan section here. This should include your sales forecasts and projected expenses as well as the maker, logic behind the projections. If you are a new company, describe when you expect to turn a profit . If you are an existing company, highlight past financial performance. 7. Financing Requirements (Optional)

Summarize the amount of equity and/or debt financing that you are seeking, when you need it, the use of the Report Essay, funds, and when you expect to paper maker reach your next milestone event and/or start paying back the loan. Keep this at an overview level , as you will go into more detail later on in other chapters. Note: This is haber reaction a complex question that you cannot answer until you complete your plan, so it is highly recommended you work your way through the entire writing process first . In particular, complete the financial planning process before attacking this section. Only then will you be able to identify the amount of money you will need to raise. With these sections fleshed out, youve finished your executive summary. How to Write the Company and Financing Chapter. The company and finance section of your plan is important, because introducing the paper maker, management team is critical for both start-ups and established companies alike.

Investors will use this information to gauge the future likelihood of success. Company and haber reaction, Financing Sections. Company Overview Management Team Required Funds (optional) Exit Strategy (optional) Mission Statement (optional) Company History (optional) Location and Facilities (optional) There are many variations and approaches on research, how to lay out the various components of a business plan. Our approach for the company overview section is to faulkner the bear provide the reader with the companys legal information, address and research paper maker, a brief description of the Essay, companys history. Since there are follow up sections in this chapter that over go the paper maker, companys location and history in more detail, you will want to keep this short (2-3 sentences). A BRIEF PRIMER ON COMPANY TYPES.

The optimal company type is the bear best determined by a credible Attorney. The primer below is meant only to explain the broad differences between the most common company types. A sole proprietorship, according to maker the IRS: A sole proprietor is world someone who owns an unincorporated business by him or herself. While the most simple to set up and the most common, there is a significant drawback: you will be personally liable for paper any obligations. So for example, if you sell someone a cupcake and they sue you because they found a hair in it, and you lose in court, the creditors can legally go after your personal possessions such as the roof over your head.

A partnership, according to the IRS: A partnership is the who did hitler, relationship existing between two or more persons who join to paper carry on a trade or business. Each person contributes money, property, labor or skill, and expects to share in the profits and losses of the process reaction, company. A partnership has certain advantages compared to a LLC, such as not needing to file formation documents when setting up a partnership, and research maker, not needing to barbie world file dissolution documents if dissolving the partnership. However, similar to paper maker sole proprietorships, partners in a partnership have unlimited liability for the companys debts and liabilities. Limited Liability Partnerships (LLPs) LLPs are different from traditional partnerships in william the bear that there are two classes of partners: (1) General partners that have full management and control but also full personal liability and (2) Limited partners that have no personal liability beyond their investment in maker the partnership interest. Limited partners are often times silent partners that wish to invest in the venture but limit their exposure to liability. A corporation is a separate legal entity owned by shareholders. A corporation is commonplace for haber process reaction businesses that anticipate seeking venture capital financing. Paper Maker! The downside to a corporation is the problem of double taxation since the corporations profits is taxed at decision date, the corporate level, and then any dividends distributed to shareholders are then taxed again at the personal level. You can elect a special tax status with the IRS to have your corporation not be taxed at the corporate level (instead, it would be taxed as a pass-through entity).

Some of the drawbacks include not being able to have more than 100 shareholders , and not being able to have non-US citizens/residents. A popular choice among many small businesses , a LLC limits the members personal liability and maker, only taxes profits at the individual level (acts as a pass-through entity). Describe the type of company you plan to open, along with the paper maker, registered name you plan to maker use. Explain your rationale for example, if you are starting a company where you plan on seeking venture capital financing, then you will want to start a C-Corporation as majority of VCs will insist on this legal structure. If you have a home office/no dedicated business address. Include your current office setup and your future office plans once your company expands, if applicable. For start-ups, and research paper maker, especially those seeking financing, the Management Team section is especially critical. With the research maker, lack of history, there is little investors can go by to gauge the future success of a venture.

The question lenders and Fonterra Business Essay, investors will ask: Why should we trust your team with our money? You must demonstrate your teams ability to execute on paper, the stated goals. To accomplish this, you should highlight: Background of each member of the management team (education, relevant work experience, etc.) Roles and responsibilities within the company. Tip: Dont include details about members of the Management Team that are not relevant to the reader. Everything presented should reinforce why your team is the right team to dred decision execute on the companys vision. If you have an established business the information you want to present is the same.

Keep in research mind, however, that you also want to demonstrate that your team has the capability to manage growth of the company. As a company grows from start-up to established business, the management team must also change. Business Report! They must be able to manage employees, institute standardized systems, and ensure the businesss ability to scale operations while keeping profitability stable. If you already have a Board of research paper maker, Directors and/or Advisory Board, list these individuals and a brief description. In a publically trading company the Board of research paper, Directors is elected by the shareholders and is the highest authority in the management of the company.

For our purposes (context of a private company that is most likely a startup or small but growing business), a Board of Directors is comprised of investor(s), founder(s), CEO and independent board member(s) who have substantial business and industry experience. A Board of Directors typical responsibility is to set broad policies for the company, determine compensation for company management, and approve annual budgets. An advisory board is a group of business leaders that can help guide your company and provides it with assistance when needed. Choose individuals with knowledge in your industry and are willing to play a role in your company . While some advisors are compensated, it comes down to research paper a case-by-case basis, frequently depending on how much time the member is committed to scott decision your company. Tips on building your Advisory Board: Choose a well-respected and well-known individual as the maker, first member of your Advisory Board.

This will help you to recruit other members of the research paper maker, Board. Choose individuals that have strengths and relationships your business will need. As your business evolves, so will the members of your Advisory Board. Feel free to shake up the line up over time. In this section you will tell the reader how much money you need to research paper raise, what you are going to use it for, and how you got to the requested amount. Important note: This is scott date a complex question that you cannot answer until you complete your plan, so it is highly recommended you work your way through the paper, entire writing process and in particular, complete the financial planning process.

Only then will you be able to identify the amount of money you will need to world raise. There are two primary financing options: equity and debt. The primary difference between equity and debt financing is that debt financing is essentially a loan that is backed by research paper your assets or via a personal guarantee. Barbie World! If your company is already in existence and has trading history, then you may also secure a loan off of your receivables. In contrast, equity financing is research paper essentially you exchanging a stake in Essay your company for a specific sum of paper maker, money from an investor . William! Therefore, the amount you are able to raise from investors comes down to how much they value your company. There are three fundamental questions every savvy investor will ask you: Cool idea, how do you make money with it? How much money do you need, and research paper maker, why and when? What do you think your company is worth?

If you are seeking financing (regardless of Fonterra Business Report, its equity or debt), that most likely means that your financial model shows your company taking a loss in the initial stages, followed by break-even and subsequent profitability. The money you are seeking to raise will simply allow you to maker have enough cash to scott decision date cover the initial period where you will be taking a loss so that you can eventually make a profit. This is a simplification; you may be raising money to further grow your company, which may already be profitable. Or you might use the financing to get your product to research paper the next stage in its product development lifecycle (i.e.; milestone event). In A Barbie! But the research paper maker, general concept is the same; the investment you are seeking bolsters your companys cash position , allowing it to grow revenue and/or profitability.

Cool idea, how do you make money with it? / How much money do you need, and why and hitler hate, when? The financial statements provide the answer to the first two questions (which is why we recommend you complete your plan first). Research Paper Maker! To answer how much money you need, analyze the cash flow statement to determine the dred scott decision, cumulative cash flow. The lowest point on this curve will tell you what your maximum financing needs are , and at what point in time. What do you think your company is paper maker worth? The third question is much harder to answer, especially for scott a new company. At the end of the day it really comes down to what an investor thinks your company is worth (which is more art than science). However, there are three popular methods of valuing a company that can help you come up with a valuation to research paper maker facilitate the date, negotiation. Cost approach (asset based approach)

The cost approach seeks to determine a companys value by analyzing the market value of its assets. In other words, in paper maker this approach the company is worth the sum of all its assets if they were to decision be liquidated . This approach may be appropriate for some industries such as real estate where the asset value may actually be worth more than the paper maker, going concern value (present value of future cash flows generated by hate the asset). However, for many companies the value of its branding and reputation, along with its ability to generate profits, will exceed the paper, value of its assets. The market approach seeks to determine a companys value by analyzing recent sales of similar assets, with the theory that valuations of similar companies can serve as a good proxy. Haber! This is a common approach in the real estate industry.

The income approach seeks to determine a companys value by using its expected profit over time and research maker, then placing a value on that future stream of income in william todays terms . Since there is research paper inherent uncertainty with a future stream of income, there are numerous ways to process reaction discount that expected income to account for research risk. Now you have all the pieces to decision complete the equation. You have the research paper maker, amount of money you need by looking at cumulative cash flow. Dred Scott Date! You also have an idea of research maker, how much money your company will be worth. Equation to determine how much equity you should offer: Equity to offer = Company Valuation / Money needed. If raising debt, you are not exchanging equity for cash. Instead, you should focus on the loans interest rate and payment schedule. Make sure you will be turning a profit that is both large enough and soon enough to faulkner ensure there is no delinquency on servicing the loan.

For equity financing, answer the following: Investment amount needed When you need it How much time it will buy you / When you expect to turn a profit or get to the next milestone event % of equity offered and at what company valuation (you may wish to keep exact figures vague in order to further negotiate) Exit strategy. For debt financing, answer the research paper maker, following: Loan amount needed When you need it When you will be able to hitler hate pay back the loan The amount and research maker, frequency of loan payments. In addition to research maker the information above, you should also summarize how you plan to use the funds.

The level of detail should be at a high level ; if the investor or lender wants to see expenses in paper maker more detail that will be available in the Appendix within the Profit/Loss statement. Construction of new kitchen: Kitchen remodeling, March 1, 2014, $25,000 Kitchen hardware, April 1, 2014, $50,000 Total Loan Amount: $75,000. If based on your financial model you anticipate relatively small yet variable expenses month to month, a line of credit may be a good choice. With a line of credit you draw upon it when you require the funds and pay interest immediately on the money as it is borrowed. It works very similarly to research paper a credit card in research paper that you typically have a pre-set limit to the bear how much you can borrow, the major exception that since you may be able to secure the line of credit with assets, you may be able to get better terms. In the Quick Start Guide we briefly went over the different strategies available and how thinking about your companys eventual exit will help shape your business model. Its recommended you review the Quick Start guide and practice that exercise. Depending on your company, there are various exit strategies available, including: Selling your business Passing it down through the family Taking the company public (IPO) Liquidation.

If you are seeking equity financing, then your investors will pay close attention to this section. Angel investors and VCs demand a large return on their investment since they are taking a large risk by investing into research paper, your company. Therefore, you need to include detailed information on how you intend to sell the company or take it public. Demonstrating a large market opportunity. If investors are going to take a big risk, they demand a big return. You need to demonstrate your business has the potential to the bear either take substantial market share from an incumbent competitor, or create a new market.

Investors like to be in hot, growing industries such as biotechnology, mobile e-commerce and healthcare. These are all industries that have huge upside growth potential and ones that investors are more inclined to invest in. Solving a larger companys problem. If your exit strategy is to sell your company to a larger company, then identify how your companys product solves that larger companys stated problems and/or goals. For example, Apples mapping software is playing catch-up to Google Maps.

If your company can help Apple improve its software, your company would become an attractive acquisition target. The mission statement reflects the research paper maker, core purpose and vision of the company. Its a statement your employees and customers can get behind. Some tips on writing a well-crafted mission statement: Keep it short. 1-2 sentences max. Dont use fluff words. Make the hate, statement mean something.

A mission statement, if done well, should encapsulate both what the company does (what it sells) as well as the culture/vision/purpose. Examples of paper maker, Fortune 500 firms that really get it right: A. Scott Decision! BRISTOL-MYERS SQUIBB COMPANY (PHARMACEUTICALS) Mission Statement: To discover, develop and research paper, deliver innovative medicines that help patients prevail over serious diseases. Why its great: The keywords discover, develop and deliver demonstrate the companys capability to in delivering an end-to-end solution. By using the words innovate and prevail over serious diseases it serves as a rallying call for their thousands of employees that what they are doing is (1) cutting edge and (2) has a higher purpose then themselves. Mission statement: We will be the faulkner the bear, easiest pharmacy retailer for research maker customers to use. Why its great: In one short sentence, the company has managed to scott decision (1) describe what it sells (2) how it will win in the marketplace.

It is a pharmacy retailer and paper, it will solely focus on making itself easier for decision the customer to use (that could mean so many things, such as innovating online to fulfill prescriptions to improved customer service within their stores). Example of poorly written mission statements. A. FORTUNE 500 FOOD AND BEVERAGE COMPANY. Mission statement: The Companys primary objective is to maximize long-term stockholder value, while adhering to research paper the laws of the jurisdictions in which it operates and at all times observing the highest ethical standards. Why its horrible: It does not serve as a rallying call for employees, suppliers, or partners. Its objectives are obvious (what company does not want to maximize value) and borderline absurd (are there companies that do not want to adhere to local and federal laws)? Lastly, it does not mention what the company actually does. B. In A Barbie World! FORTUNE 500 VEHICLE PARTS SUPPLIER. Mission Statement: We are committed to attracting, developing, and keeping a diverse work force that reflects the nature of our global business.

Why its horrible: While a diverse workforce is certainly not a bad thing, only stating that as the companys mission statement is ineffective, lacks direction or focus, and completely misses the point of having a mission statement. This is research maker predominately for businesses that have previous trading history, but can also be used by new companies that want to highlight relevant history on how the company came to existence, work completed to date, milestones achieved, etc. Some information you may want to include: Start date First location First product/service Significant milestones/events. Reminder: keep in research paper mind that there is no set rule as to the level of detail you want to include. This is dictated by the relevancy of the information to the reader and how this information helps strengthen your plans ability to build credibility for paper your company.

Every company is made of milestones. Milestones for scott a business are achievements that demonstrate the business is on the right track. They are best when quantifiable and measureable. For example, achieving a working prototype of your product, or getting to break-even, are both huge milestones that showcase your ability to execute and reduces subsequent risk of maker, your company. Key concept: The more uncertainty that you can take off from the table, the process reaction, better valuation you can get for maker your business. For businesses that have a retail or manufacturing component, this is an william faulkner important section of your plan.

Information you may want to include: Size (e.g.; in sq. ft.) Location/Address Other notable facts, such as equipment at the facility. Location is important for a large number of retail businesses, whether you are a restaurant or purveyor of consumer products. If possible, provide statistics about the retail location you have chosen or are planning to research paper choose. Describe the lease terms you are able to secure, and if there are any laws that protect the lessee from unreasonable price increases. You can read a detailed article about what to look for in a lease agreement here. Provide detailed information on the manufacturing facilities.

For example, your operation may require a reliable source of hitler, electricity and water. Describe how the facility provides the business with these resources. If the facility is paper maker pre-existing equipment or structures that can be leveraged, make mention of that. Location can be an important aspect of your business even if you are not in research paper retail or manufacturing. For example, you might want to open your software company in paper maker Silicon Valley as that provides a competitive advantage from an employee recruitment and fundraising perspective. If you operate out of a home office. Describe your future expansion plans, including expected date of expansion. Upon completing these sections, you will then be finished with the company and financing section of your business plan. Writing the Products and william faulkner the bear, Services Chapter.

The products and services chapter of your business plan should be written clearly and paper maker, descriptively, to Business Essay help give investors a comprehensive understanding of the bread and butter of paper maker, your business. Your products and services section should include the Report Essay, following sections. Products and Services Chapter Sections. Products and Services Competitors Sourcing and Fulfillment (optional) Technology (optional) Intellectual Property (optional) Future Products and Services (optional) Your products and services are the lifeblood of your business its what your customers need, and if you get this right, everything else will follow . Commonly referred to as product lift, which essentially means getting the secret sauce working. It means that customers want to research buy your product/service, and you are filling a need that was previously not satisfied. Thinking in terms of benefits vs. features. What is the consumer really buying? For example, a person buying a Rolex watch is not only buying a device to tell time, but the prestige and faulkner the bear, status that comes with a luxury product. Think about research, what end benefit your product/service delivers.

Of course, the functional aspects of your product/service are also important. Depending on what you are going to sell, think through the features it will provide, packaging, design, branding, quality, and Business Report, other aspects that help position and/or differentiate it from competing products/services. You may have heard the business adage that acquiring a new customer is research indefinitely more expensive then keeping an research paper maker existing customer. Research Paper! One of the haber, reasons this is true is the potential to sell additional add-ons, upgrades and substitute products/services to existing customers . Think about how you can drive incremental revenue. Whether its via subscriptions, repeat business, or annual contracts, you may be providing products/services that generate a recurring revenue stream.

This is a good thing, because (1) your revenue can be more predictable and stable (2) you are maximizing earning potential . Think how you can generate recurring revenue, which is expressed with a metric called Lifetime Value per customer. You will complete the price you want to set your products/services in the Financial Plan chapter, and we also have a section for you to describe your pricing strategy; however it is advisable to start thinking about how you want to price your products/services. Competitive analysis is an extremely useful tool and maker, one that should be revisited often as the competitive landscape changes over process reaction time. It starts with competitive analysis. Background (location, history, ownership) Financials (revenue, profitability) Products (product line, services, patents, licenses) Marketing (channels used and budget, pricing, alliances/affiliates) Personnel (headcount, notable executives, compensation, job openings) Market share Strengths, Weaknesses. Tips on how to perform competitive analysis. The Internet makes this much easier then in days past. Some ideas: Google search using keywords that your customers would use to find you Look up industry association websites Look up directories such as Yahoo or Crunchbase Use Indeed.com to find your competitors job openings Competitors websites Find your competitors management team members on LinkedIn. Not only do you have to worry about current competitors you can see, but you have to be vigilant and be on the lookout for maker new entrants.

For example, a company that already sells to maker your customer base may see your industry as a logical next step. You should consider the likelihood of new entrants high if: The industry sees high margins (its super profitable) There is unmet demand (more customers then suppliers) There are no major barriers to entry (does not take much to start competing) There is future growth potential (such as mobile apps) Much of this is research common sense if you see a market opportunity that no one is competing in yet, dont expect that you will be alone for long. Sourcing is simply the process of procuring goods and services from suppliers that are required for your company to make its products or deliver its service. Some things to dred scott consider when choosing and managing your suppliers: Cost: This is an obvious one the lower the price, the higher your profit margins will be.

Payment terms: The longer you have to pay your suppliers, the more working capital you have on hand. Reliability: You must consider how reliable your suppliers are and what would happen to your ability to operate if they cannot deliver. Scalability: As your business expands, will your suppliers be able to meet your needs? Fulfillment is simply the process of how your company delivers its products/services, from maker point of william faulkner the bear, sale to delivery. There are several popular fulfillment options:

Engineer to research order: the product is designed and built to william faulkner customer specifications (e.g.; large construction projects) Build to research maker order: the william faulkner the bear, products design is standardized but manufacture of final product is based off of paper, customer specifications (e.g.; aircraft and yachts) Assemble to order: the product is assembled to the customers specifications using pre-fabricated components (e.g.; Chipotles burritos, Dell computers) Make to stock: the product is manufactured in quantity based on Fonterra Business Report, expected sales of the research paper maker, product (e.g.; retailers) If you are going to be selling physical products and expect to hold inventory, then you should pay very close attention to how you forecast the amount of inventory you need to scott decision meet your projected sales. Too little inventory and you may not be able to paper maker meet demand. Too much inventory and Business Essay, you tie up all of your cash on excess inventory. Some key points:

Have accurate sales forecasts. Use historical sales data if you have it, and make sure you account for seasonality. Have accurate inventory tracking. Use bar code scanning or equivalent to paper maker ensure there are no data entry errors. World! Utilize inventory management software. QuickBooks, Sage, and a plethora of other vendors provide a cloud-based solution for you to manage and maximize your inventory levels. Technology in todays business environment is paper maker becoming more and barbie, more important and serves as a source of competitive advantage. Take Wal-Mart or FedEx as two examples of companies that provide services (low-cost products and shipping), but utilize technology as a critical means of delivering those services. Wal-Mart uses a sophisticated supply chain management IT system to ensure its low prices.

FedEx uses technology to optimize delivery routes and research paper maker, times, which enables it to ship to practically every corner of the globe, seamlessly and with very low error rates. Think about william the bear, how technology plays a part in your business and if it is critical to your business operations. If technology is critical to research paper your business operations, then you must think about your disaster preparedness and contingency planning . Depending on your business, you may want to create back-up copies of data and william faulkner the bear, software, routine security checks, and securing physical assets. What would happen if you lost access to the technology? Think about alternatives that you could utilize.

For example, if you license a piece of software and later down the research paper, road decide that the cost is too high, is there a competitor who can license you an alternative? If you have exclusive rights to a technology, either through a patent or through an exclusive license agreement, this is a great competitive advantage and one that you will want to describe in detail. There are two types of intellectual property that may be applicable to a business: industrial property (such as patents and trademarks), and copyright (such as novels and movies). If you have intellectual property that you want to protect, it is advisable that you seek the paper maker, professional advice of a good Patent/IP Attorney , since this is a great way to provide a barrier to entry for your business. Intellectual property type 1: Industry property. These include inventions (patents), trademarks and industrial designs (trade secrets, trade dress).

If you have any proprietary process or technology then it is recommended that you apply for a patent to research maker protect your invention. You should apply for a trademark for william the bear your company name and logo as well. Intellectual property type 2: copyright. These include literary and artistic works such as novels, poems and plays, films, musical works, artistic works such as drawings, paintings, photographs and sculptures, and architectural designs. In 2011, counterfeit copyrighted and trademarked goods were a $600 billion dollar industry worldwide.

Enforcing your intellectual property may be feasible from a legal point of view, but many times is not practical in practice. For example, Microsoft cannot possibly prosecute every single instance where its popular operating systems are copied and research, downloaded. IP and your employees and contractors. It is just as important to secure your intellectual property in relation to your employees and contractors. Everyone should be required to sign an invention assignment agreement, which basically states that the company owns all works produced while contracted by the company. In addition, you may consider handing out serialized notebooks for employees to use , so that if there is ever a conflict as to whom owns a piece of intellectual property, there is a physical record. If you have future products and services planned, it is a good idea to describe the product roadmap and strategy behind it . A key concept is that of product lifecycle, which describes the stages of the life of a product. During this phase, your product will incur heavy promotional costs as you get the word out. You may discount the price of the product to encourage new customers. During this phase, you may focus on expanding your product to new segments in the marketplace, and expand the product line (for example, with new colors or other variations).

During this phase, you are enjoying the world, fruits of your labor. You may add new features to your product to stay competitive and to further differentiate your product from competitors. Marketing spend for your product starts to dissipate as sales of your product are in steady decline. After including all of this information, youll have completed the products and services chapter. Writing the Customers and Market Analysis Chapter. The customers and paper maker, market analysis chapter will give you an opportunity to describe what your customer segments are, what needs you are filling for them, and how these groups of customers are trending in terms of growth and behavior. This chapter also includes any regulatory restrictions specific to your industry. Customers and reaction, Market Analysis Sections.

Market Overview Market Needs Market Trends (optional) Market Growth (optional) Industry Analysis (optional) Key Customers (optional) In the market overview section you are going to calculate the total market (referred to as Total Addressable Market) for your products, and then the segment of that market your business can capture. Total addressable market can be thought of in several distinct levels. At the highest level is an maker estimate of the total market given 100% saturation. Another way of looking at maker, this is research paper maker what would be the total market if one company had 100% market share. Once you have the dred scott decision, total addressable market, then you can estimate what percentage of this you can realistically capture. This, of research maker, course, is much harder to predict with accuracy. So the important thing to remember is to utilize strong sources for haber process reaction your assumptions.

For example, lets say you plan to paper maker open a high-end steakhouse in downtown Miami. To calculate your total addressable market, you might count how many high-end restaurants are in the downtown area and research the average annual sales for each restaurant. Then multiply the two to get the total sales for all high-end restaurants. This would be your total addressable market. Using the scott decision, example above, we can then drill down to the next level and determine what percentage of the market you can realistically capture. Paper Maker! You might assume that you will take an equal share of the market, thereby decreasing all other competitors shares in the market. Or you might offer cheaper prices, which you assume would take a larger percent of the market. Whatever your assumption, make sure it is in a barbie world well documented and research maker, logical. To obtain jaw-dropping product-lift you must solve a difficult and painful problem for the customer. And if there are competitors, you must solve the problem better than them, and dred decision, enough so that customers are willing to switch to your company. Describe what problem your product is solving.

If you are targeting multiple customer segments, make sure you go into detail on how your product serves each customer segment. Maker! Describe how your solution better solves customers pain points then your competitors. We as consumers are inherently lazy. We do not want to go through the time and Fonterra Report, cost of maker, switching from in a barbie one companys product/services unless it is research paper compelling enough, which is dependent on the switching cost. For example, there is virtually no cost to switch from Coke to who did hitler Pepsi. On the other hand, there is high switching cost associated with migrating from a Mac to a PC. To overcome this problem, describe how your product either is able to research overcome customers inherent adversity towards switching products, or if your product is able to hate reach new customers and research paper, bypass switching costs altogether (in other words, instead of taking customers away from your competitors, you are creating a new market for your products). Understanding market trends at the macro level is critical for various aspects of paper maker, your business. A growing or shrinking market is described in more detail in the market growth section. Below are some of the other factors that will affect market trends: The overall economy has a disproportionate effect on some businesses.

For example, dog-walking services usually see a decline in research maker sales as households reduce spending on non-essential purchases. Government regulations and policies can completely alter an industry, so it is imperative that you are up to date on upcoming changes. Reaction! For example, the Jobs Act of research paper maker, 2012 allowed for the first time non-accredited investors to participate in private placement of securities. Fonterra Business Report! This in turn has created a new market for crowd-funding websites to emerge to research paper maker connect startups with all types of investors. You may be in an industry where political conditions have an impact on the bottom line. For example, if you count the Dept. of Defense as one of in a barbie world, your clients, then the across-the-board budget cuts (i.e.; Sequestration in the Budget Control Act of 2011) would surely have a negative effect on your business. If you build your business on top of a technology platform that will soon be replaced with a more cost affordable, powerful, and paper, easier to hate use technology, then that will surely put you in a less advantageous position.

Knowing technology trends is valuable in ensuring you are gaining a competitive advantage through the use of technology. Your customers may change their sensitivity to price depending on a variety of factors, including competition, macroeconomic conditions, and changing consumer tastes. Keeping an eye on this trend will ensure you optimize your pricing strategy. Market growth, mathematically, is simply measuring the change in market size from paper maker one time period to scott date the next (usually in research years). So if the market in hate the first year was $100 million and $150 million the second year, then the market can be said to have grown by 50%. You will find that measuring market growth using historical market size data is much easier then forecasting market growth. Utilize publically available data sources, trade publications, market research firms, and government agencies to find much of research paper, this research. Being able to demonstrate a market is growing is obviously important for example, the market for Blackberry accessories is clearly a declining market. Most investors and lenders will not want to see a new business chase after dwindling customers. On the other hand, the market for barbie Apple and Samsung phone accessories have seen great growth and will continue to grow as those companies continue to research add new customers. Your industry is defined as the group of companies that are related to you in reaction terms of what you sell/how you derive your revenue.

For example, Ford and Nissan are both in the automotive industry. Ford and Nissans market (i.e.; customers) would be the research paper, end consumers who buy their cars. You will want to describe your industry name/classification (SIC/NAICS Code), which can be found on maker, the Dept. of research paper, Labor website. Understanding your industrys dynamics is in a imperative to knowing its profit potential and attractiveness. A popular framework for conducting industry analysis is Porters five forces analysis, which analyzes an paper industrys competitiveness (and therefore attractiveness). By performing this analysis you will have a clear picture of your competitors and how your company fits within the competitive landscape.

If your industry has low barriers to entry and low switching costs, then expect increased competition, as there is little standing in the way for new entrants to enter the market and compete. If your industry is supplied by very few suppliers with little alternative but to source from haber reaction those suppliers, then expect downward pressure on research paper, your margins. If your industry only has a small number of research, buyers, or there are many alternative products to maker choose from, then expect downward pressure on your margins. If there are many substitute products in your industry and maker, the switching costs between them are low, then expect substantial competition. An industry is very competitive if there are many competitors about the same size, there is little differentiation between competitors products, and it is mature with little growth (so the only way to grow is to take a competitors market share).

Although your product may cater to paper maker many different sets of customers, you want to focus on a select group that will be the most likely to purchase your product/service and william, account for the lions share of your companys revenue. For many businesses, you will soon realize that a large portion of your revenue comes from a small percentage of your customers. For example, Starbucks may realize their key customers are white-collar business types that purchase a cup of research paper, coffee every day, versus the student type that comes in once a month. When you can name your key customers. If you are in a business where volumes are low and haber process, prices are high, then you should be able to name your key customers individually. In this case, you should describe in detail your relationship with each of them separately. If youve filled out this chapter, congratulations. Doing market research and customer analysis is a complicated and research paper, time consuming task. Time to william faulkner the bear move on to the next chapter!

Writing the Marketing and Sales Chapter. The marketing and sales chapter gives you an opportunity to describe how you will manage your sales force and what sales activities they will conduct in research order to process close sales. Overview Positioning Pricing Promotion Distribution. In this section, summarize your marketing plan, being sure to paper maker include: Positioning: Are you going to be the lowest cost provider or provide a differentiated product? Pricing: How will you price your products/services?

Promotion: How will your market your products/services? Distribution: Where will your product/services be available? Tip: It will be easier to write this section after you complete the subsequent sections as the overview section summarizes key findings from the other section. Keep this section at paper, the summary-level, as you will go into further detail in the subsequent sections. Describe how you position your company within the competitive landscape. Paper Maker! Will you compete on price, or will you differentiate your offering and stand out from your peers? For example, Wal-Mart positions itself as the low-cost provider in an industry, while Apple designs premium products to reach the luxury end of the reaction, market. Provide your product/service at the cheapest price point in the marketplace. There are three primary ways to achieve this: Economies of Scale: For example, being able to turn more tables in paper maker a restaurant or produce more widgets in scott decision a factory. The more you are able to produce from your asset, the cheaper it becomes.

It will also be harder for your competitors to enter the market since you have fixed assets and experience that requires a large investment. Low operating costs: Keeping costs down across all aspects of the business, including: Standardization: Limited customization Outsourcing: Outsourcing labor to low cost production centers Thrift: Limiting advertising and RD spend Optimized supply-chain: By lowering inventory and paper maker, negotiating with suppliers, companies can substantially improve their profitability and cash flow. Making your product/service unique by william targeting a specific segment of the market is a compelling strategy, especially if: Your customers are not price sensitive The market is competitive Your are targeting a specific niche You can provide a product/service that is not easily copied. You can also achieve differentiation through branding and marketing for research paper example, Starbucks sells premium coffee at a premium price point, primarily through the strength of reaction, their branding and not through the taste of paper maker, their coffee. Determining the optimal price for your products/services will require you to think through several factors: If you are going shooting for the low cost provider strategy, then you will want to price yourself accordingly.

Likewise, if you are going for the luxury end of the market, then a higher price is often times a proxy for quality. How price sensitive are your customers? If your customers are making their purchase decision primarily based on price, then you will want to be sensitive to this. The price you set must be high enough to over your costs so you can turn a profit. There are, of course, exceptions. For example, you might want to in a world achieve economies of scale by maximizing units sold, or you might be maximizing revenue to achieve dominant market share.

There may be regulatory/legal constraints on how much you can charge. Research Maker! For example, payday loan vendors are restricted in how much they can charge their customers. Looking at what your competitors charge can give you a understanding of what current customers are accustomed to paying and reaction, will likely be willing to pay for your products/services. There are price points that consumers are psychologically more accustomed to, such as amounts ending in .99 or .95. In this section, you move from research paper describing your marketing plan onto how you will convey your marketing message to your intended audience. Date! What marketing channels will you utilize to reach your target customers?

Depending on research, your business, traditional media may be an hate important component of your complete marketing toolbox. These would include television, radio, billboards, flyers, etc. In todays environment few companies can afford not to have a strong online presence. There are a myriad of options available. Each marketing channel must be carefully measured for effectiveness, as online marketing can quickly add up and consume a small businesss entire marketing budget. A website is a key component of your digital marketing efforts as it will be the destination in which your online leads will first visit. Some online marketing options include:

Search engines (i.e.; Google, Bing) Directories (Yelp, Angies List) Daily deals (Groupon) Email marketing Social media (Facebook, Twitter) Word of mouth marketing is by far the most profitable and research paper maker, powerful marketing channel available to Business Report Essay any business. New customers that are referred to your business are more likely to purchase and more likely to continue referring your company. There are ways to boost word of mouth marketing, especially with the advent of social media. For example, asking a satisfied customer to like your business on Yelp and Facebook will potentially reach hundreds of their contacts, all with one click.

Integrating social media into your word of mouth marketing strategy is invaluable for research every business. Blogging/Becoming a subject matter expert. Having a leading voice in your industry will help your business gain credibility from customers, suppliers, partners and competitors. You can start by participating on public forums and blogs related to your business and adapting the adage give more to get more. How will your products be available? On one end of the spectrum is direct marketing, whereby you sell directly to your customers. Or if you manufacture your products, you might sell through distributors, who in turn sell to retailers, who in turn sell to william faulkner the bear consumers. Three common models: Product is stocked in mass-market distribution channels. Examples include soft drinks, magazines, etc.

Product is specialized and sold through specialized channels. Examples include nautical computers and paper maker, tooling/machinery. Product is only sold through an exclusive channel. Examples include luxury products such as high-end motorcycles or designer handbags. The Internet presents an unparalleled opportunity to reach customers directly, as well as working with online channel partners to reach and sell to customers. Writing the Strategy and Business, Implementation Chapter. The strategy and maker, implementation chapter will give you an opportunity to define the paper, key milestones that mark meaningful progress towards your goals. It also includes sections that further elaborate on your competitors. Strategy and Implementation Sections. Milestones SWOT Analysis (optional) Competitive Edge (optional) Strategic Alliances (optional)

Milestones are the research, key events that demonstrate progress is being made , such as completing the companys first prototype or breaking even. Process Reaction! These provide a tangible way to measure the success of the paper maker, business venture. Milestones are so incredibly important to a business yet are one of Business Report Essay, those things that can be easily overlooked. Why are milestones so important? Because they are a way to measure meaningful progress of maker, a company that in effect, makes that company less risky (and therefore more valuable). Hitler Hate! A new company has an extremely high-risk profile but as it meets tangible milestones, such as completing a prototype or breaking even, the companys risk decreases. It becomes more apparent that the research paper maker, venture will succeed. Investors and lenders will be looking at what milestones your company has reached in order to dred scott decision date create a fair valuation.

Milestones might include: Assembling company team First working prototype Filing/receiving patent or other IP Securing physical location for store First paying customer Breaking even Turning a profit* *If you can demonstrate not only turning a profit, but also sustaining that profit, then that is a huge milestone. SWOT Analysis is a useful technique for understanding your companys strengths and weaknesses , while identifying both the opportunities open to your business and research, the threats it faces. Strengths and maker, Weaknesses refer to internal factors in your company, such as: Employees and research paper, staff Physical assets such as equipment and in a barbie, facilities Financial assets. Opportunities and research, Threats refer to external factors facing your company, such as: Market trends Regulatory and legal Macroeconomic conditions Competitors. Competitive edge can be bucketed into four primary areas: cost, differentiation, innovation and operational effectiveness. Are you providing a product/service at a lower cost then your competitors? This is a straightforward competitive edge that is Report Essay very difficult to research paper maker deliver. Providing the lowest cost may require operating on razor thin profit margins or heavy investment in fixed costs in dred order to achieve economies of research paper maker, scale.

Are you providing a product/service that your competitors are not offering or cannot offer? This is a common strategy whereby you provide differentiated value in william the bear order to better serve customers and/or reach a portion of the market that may be under-served. Are you leapfrogging your competition and research, providing a notably superior or new product/service? Popularized by the book Blue Ocean Strategy, creating new demand in an uncontested market space is william faulkner the bear a powerful business strategy. Do you provide superior time to market or customer service? For example, your customers may be willing to pay a higher price for better customer service . Nordstroms is an maker example of a company that uses superior customer service as a competitive advantage. Forging strategic alliances is a commonplace occurrence in Fonterra Report Essay business. There are a wide variety of alliances you might encounter, with various parties in which you do business. Even if you do not have any alliances, there may be an opportunity for a partnership in the future and that should be included in this section. You might have a supplier who has a disproportionate amount of influence and power of your business.

Striking a partnership in this case may decrease those risk factors and provide a competitive advantage over your competitors. You might have a large portion of your revenue coming from several key customers. Inking an paper exclusive agreement to lock in in a barbie world revenue would, for paper maker instance, give you predictable cash flow. It is not uncommon to Fonterra Business Report partner with competitors under certain circumstances for example, to set standards for the industry or to maker help further adoption of a technology. For example, Sony and Panasonic partnered together to increase the adoption of Blu-ray DVDs. Aligning your brand with another company is frequently used, especially if both brands are targeting the william faulkner the bear, same demographic. Research Paper Maker! For example, Samsung is the official sponsor of the Olympic games and will provide free mobile phones to all Olympic athletes.

Upon completing these sections, your strategy and implementation chapter will be finished. Writing the in a, Financial Plan, Statements, and Sales Forecast Chapters. Writing the financial plan, financial statements, and sales forecast will be the most difficult part of your entire plan. It requires making a large number of research paper maker, intelligent assumptions about the size of the market you can realistically target, and the costs associated with making your product or rendering your services. In A Barbie! These sections are the red meat of your plan these are the chapters that any seasoned angel investor or venture capitalist will dig into to make sure they know theyre making a solid financial investment. Chapter 7: Financial Plan and Sales Forecast Sections. Sales Forecast Personnel Plan Budget Cash Flow Assumptions Loans and Investments Starting Balances Historical Financials Key Metrics for Success. Define the price in which you will sell your products and services, the cost it will take to produce or sell the product/service, and the number of units you will sell. Be conservative when making your estimates on the number of research maker, units you will sell, ensuring you have a reasonable methodology when making your forecast. It is highly recommended that you first complete the following sections as they lay the foundation for defining the sales forecast. Products/Services section: Defines what you will sell and at what price point; also seeks to define the production cost Target Market section: Defines the size of your target market and who did hitler hate, what quantities you can sell.

Tip: Your sales forecast should sync with your Sales and Marketing plan. For example, if you plan on hiring several sales people nine months from the start of your business, you should forecast an maker increase in sales thereafter. This is the who did hate, price you will sell your products/services. Fixed price: Suitable for most sales forecast modeling Price changes over time: The price of research paper maker, your product/service may increase/decrease in price over time for several reasons: Keep up with inflation Keep up with increased cost of raw materials or components Seasonal product discount to offload excess inventory Promote new product discount upfront to encourage sales, then increase later. This is the direct cost of producing your product/service (at the unit level).

Otherwise known as cost of goods sold (COGS). Fixed costs: Suitable for most sales forecast modeling % of sales: A good way to forecast costs; as sales increase you can set the cost as a % of Fonterra Report, sales on a sliding scale. Costs vary each month: The cost of your product/service may increase/decrease in price over time for several reasons: Economy of scale: the more units you produce, the research, cheaper it becomes to produce them Bargaining power: the more units you buy from your supplies, the cheaper they become Seasonality: cost of faulkner, raw materials may fluctuate based on research maker, time of year. This is the expected number of units you will sell. My units are constant: Not particularly suitable as most businesses will expect to have some growth over time.

Units sold changes over date time: The quantity sold of your product/service may increase over time for several reasons: Growing market share Finding new markets. Sales tax requirements vary by country and by products/services sold. Research Maker! In the United States, there is haber process no sales tax at research, the federal level; however, many states levy selective sales tax on particular goods or services. Check with your state department of taxation if you are required to dred date collect sales tax. If yes, you collect the sales tax from maker your customers and then remit the tax to paper maker the state each year. If the individual assumptions used for each component of the sales forecast is accurate, so will the overall sales forecast. Research Paper Maker! You should be able to explain where each number comes from, citing studies/research that validates your assumptions. The costs of barbie world, hiring personnel are often the largest expense of any business. In this section, you will enter forecasted employees and contractors you plan to paper maker hire. The number of personnel you plan to hire and at what time is more of an art then a science. Too much staff too soon and youll burn through your working capital.

Too few staff and youll run the risk of alienating your customers and partners when you cant deliver. A good way to think about your personnel plan is to dred think about the milestones you want your business to research paper accomplish and what personnel are required to get your business there. You can always revise your estimates, so start off with your best estimate and william faulkner, come back to this section later. Tweak as needed so that your business model demonstrates profitability within your target time frame. The type of maker, company you are building and the financing required also makes a big difference in your staffing plan.

For example, if you are seeking venture capital that mean you are going to want to hire and scale quickly in order to generate large revenues. Conversely, if you are seeking debt financing, you want to operate as lean as possible and maximize profitability so you can service your loans. Fixed amount: Suitable for most situations. Business Report! Changes over time: You might want to define a compensation plan for sales personnel that have an annual bonus component, for example. Employee: If choosing employee you will have to research maker consider certain employee taxes and other considerations. Contractor: If selecting contractor, ensure that you are classifying said contractor correctly. In the United States, for example, you are legally required to provide employee-type benefits in certain situations even if you classify the personnel as a contractor.

If hiring employees, you will be responsible for additional costs such as (but not limited to) payroll taxes, workers compensation and health insurance, paid time off, training and travel expenses, vacation and sick leave, pension contributions and other benefits. This is paper referred to research paper the burden rate, which provides a truer picture of total labor costs than payroll costs alone. Burden rate only affects employees and not contractors. If unsure what to enter, 15% is a fair estimate. Explain the assumptions and haber, methodology used to define the personnel your business plans to retain, including how you came up with your compensation figures and burden rate. For example, you might explain that as you plan to hire several sales people to coincide with the release of paper, a new product. Enter expenses you plan on incurring for your business.

A good way to make sure you capture majority of your businesss expenses is to think through costs associated with each functional area of your business, such as product development, marketing and operations. Categorize expense into groups, such legal and administrative, rent and leases, and william the bear, telecommunications. Do not include fixed asset expenses (assets whereby you derive value from for more than 12 months) such as a company van or computers. Research Paper Maker! You will enter these in william the next step. Advertising Expense Amortization Expense Auto Expense Bad Debt Expense Bank Charges Cash Over and Short Commission Expense Depreciation Expense Employee Benefit Program Freight Expense Gifts Expense Insurance General Interest Expense Professional Fees License Expense Maintenance Expense Meals and Entertainment Office Expense Payroll Taxes Printing Postage Rent Repairs Expense Salaries Expense Supplies Expense Taxes FIT Expense Utilities Expense Gain/Loss on paper maker, Sale of Assets. Enter long-term asset expenses here. Long-term assets are comprised of two types: tangible and intangible assets. Fixed assets are tangible assets that provide value for more than 12 months, such as a company van or computers. Fixed assets are depreciated over its useful lifetime. This is an accounting method that allows the william, business to allocate the costs of the maker, asset over its life by in a world gradually reducing its value.

Common fixed assets: Land and Buildings Motor vehicles Furniture Office equipment Fixtures and research maker, fittings Plant and machinery. Intangible assets are long-term assets that are not physical in research nature. Research Paper! Intangible assets are amortized over haber process reaction its useful life. These might include: Intellectual property (items such as patents, trademarks, copyrights, business methodologies) Goodwill Brand recognition.

Enter other short-term assets here, which most likely will be any prepaid expense that lasts for less than 12 months. Besides prepaid expenses, other current assets also include short-term investments and maker, securities that are likely to turned into cash within a year. A prepaid expense can be described as such: A 12-month office lease is signed with the total lease amount of $12,000 being paid upfront. Classifying this as a regular expense would not be accurate because then the PL Statement and Cash Flow Statement would both show the $12,000 as a one-time upfront payment on the month it which it was made. This type of expense is faulkner better described as a prepaid expense, since the use of the office is research paper spread out over a 12-month period of time and can be considered an asset on the Balance Sheet that is expensed over time. By classifying this as a prepaid expense (or an amortized short term asset) then the PL Statement would show the $12,000 prepaid expense spread across 12 months at $1,000 each month, while the Cash Flow Statement would reflect the Fonterra Report, $12,000 payment on month in which it was made. Under Assets, the Balance Sheet would then show the amount of research paper, Prepaid Lease that is remaining at the bear, the end of the accounting period. Enter an paper maker estimate for william the bear income taxes you expect to pay, which should be a summation of maker, federal, state and local income tax. Do not include other taxes such as property tax (should be entered as a separate expense) or employee-related taxes (this is covered in the Personnel Section as the Burden Rate). As this is dred scott only an research paper maker estimate, 100% accuracy is not required (if unsure what to enter here, use 20%).

Dividends and distributions (for corporations and LLCs/partnerships, respectively) are payments to the companys shareholders/owners, taken from the companys profit. Dividends are typically paid out at the end of the fiscal year, while distributions can be given out at the discretion of the owners. You may want to set this to zero initially and see how the financials of your business model work out; then you can work backwards and determine how much of retained profit you want to distribute to decision date owners/shareholders. Here you can explain any regular costs that are associated with running your business. What are the monthly or ongoing costs that you must pay to keep the research, business up and running? For example, this could be paying monthly utilities and in a world, rent expenses for research maker your office space, insurance, or any marketing or advertising costs. For a start-up, remember that there are always up-front costs or one-time costs associated with getting things started, so be aware of any of scott decision, these expenses and include them in your budget. Accounts receivable is defined as sales that the company has made but has yet to research maker collect the research, money from the purchaser. Most companies operate by allowing some portion of maker, their sales to be on credit.

These types of sales are usually made to process frequent or special customers who are invoiced periodically, and paper, allow them to avoid the hassle of physically making payments as each transaction occurs. You want your accounts receivable to be as low as possible to increase your cash flow. Defining what percentage of your sales will be on credit. You want this percentage to in a world be as low as possible, while keeping in mind that for some businesses it is paper maker preferential to provide some credit to your best customers. Defining how long it will take to collect payment. Of the customers that you provide credit to, you need to define when they are to pay you back.

The faster, the better your cash flow will look like. It is in a barbie typical to provide net-30, which is 30 days. Accounts payable is defined as short-term debt owed to suppliers and banks. It is to your advantage to negotiate longer payment terms with your suppliers, as it will improve your cash flow. When looking at accounts receivable (what is owed to you) and accounts payable (what you owe), the key thing to remember is that you want to be paid as soon as possible, and you want to pay others as late as possible (cash on hand is king). Defining what percentage of paper maker, your purchases will be on credit. You want this percentage to be as high as possible, as that will improve your cash flow. However, ensure you are able to pay your vendors on the purchases made on who did hitler hate, credit. Defining how long it will take to research maker collect incoming payments. How many days will it take, on average, to collect incoming payments?

Select the typical number of dred, days between when you make a credit sale and when the payment arrives. Keep in mind that shortening this period can vastly improve your cash flow. If your business will sell physical products and research paper, you plan on keeping inventory on hand, then you need to define how many months of inventory you wish to keep on hand. Dred Scott Decision Date! The more months of inventory you hold on research paper maker, hand, the dred decision, more cash is tied up in research paper inventory. This will affect your cash flow. How much inventory should you carry? The ideal amount varies from industry to industry, and business to business. A good place to find more information is trade associations for haber your industry.

In order to improve your companys inventory management, you will need to start by research paper maker collecting good records on your inventory. Using inventory turnover rate as an indicator. Inventory Turnover Rate = Costs of the bear, Goods Sold (COGS) / average cost of inventory on hand. A low inventory turnover rate means that you may have too much inventory on hand. Understanding and research, managing cash flow is very important to any business. The time period for haber reaction credit sales and payments may depend on your suppliers or your industry. Paying and getting paid later rather than earlier can entirely change your cash flow projections.

You can utilize this section to research paper explain any assumptions about barbie world, cash flow, including details on the time period in which you will make and maker, receive payments. How did you come to these assumptions and how will it affect your business? When taking out in a world, a loan, you borrow an research amount of money (principal) from a lender, and dred scott, are obligated to pay back at a later time (usually in maker installments). You will typically pay interest on the loan. If you are seeking a loan then enter the amount, as you want to forecast the financials assuming you have secured the loan. Personal vs Commercial Loans. For many small businesses, taking out a personal loan to research maker finance growth is research paper maker commonplace. These might include credit cards, home equity line of credit (HELOC), and installment loans. If you have an existing small business, commercial loans can be obtained, which are based on a variety of factors.

Secured vs Unsecured Loans. A secured loan is a loan in Fonterra Report which you pledge some asset (equipment, property, etc.) as collateral. Unsecured loans (credit cards, personal loans) are not secured against a borrowers assets. Paper Maker! Interest rates will be higher for unsecured loans versus secured loans, for obvious reasons. If you have a pre-existing loan, then you can specify those details in dred the Starting Balances section. A line of credit is research similar to who did a loan with the difference being that interest is research paper maker not charged on the part of the line of credit that is unused, and the borrower can draw on the line of credit at any time that he or she needs to. If you are seeking a line of credit then enter the amount, as you want to forecast the financials assuming you have secured the line of credit. The line of credit may be classified as a demand loan, which means that any outstanding balance will have to be paid immediately at the financial institutions request. Investments include injections of cash into in a barbie, the business from research you, other shareholders or owners, or investors. Report Essay! This typically refers to research maker equity investments where investors contribute cash to Business Essay the business in exchange for equity (ownership).

In this section, you can describe how your business will be funded. Paper Maker! If you are a startup, it is Fonterra Business Essay likely that the money you make from sales will not cover all your business expenses so you may need additional sources of funding, such as taking out a loan, receiving investors capital, credit lines, or other ways of borrowing money. What type of funding will you acquire? At what point in paper your plan are you expecting these funds? For existing businesses only. The starting balances will be used to adjust the balance sheet to take into account your companys financial history. Important: all starting balances should be entered as they are at the start of paper, your plan. Enter starting balances for assets:

Cash Accounts Receivable Inventory Other current assets Long term assets Accumulated depreciation. Enter starting balances for liabilities: Enter starting balance for research paper Capital and Earnings: Enter your Recent Sales: One month before start date Two months before start date Three months before start date Four months before start date Five months before start date Six months before start date. If you are an existing business, you can enter past financial data here. This is optional and will be used to calculate historical financial ratios in the Financial Statements section. For each year of your company history , include: $ Sales $ Gross profit $ Income from hate operations $ Net profit $ Current assets $ Current liabilities $ Inventory $ Total assets $ Total liabilities $ Total owner equity. Every business model has several key metrics that management can use to research maker see if the in a world, business is paper healthy. For example, a restaurant might use the number of tables it can turn per night and barbie world, the average revenue per dinner.

Think about what levers make the most impact to your business. You will want to continuously track and paper maker, monitor these metrics to ensure your business model is working. Chapter 8: Financial Statements Sections. Profit and Loss Statements Balance Sheet Cash Flow Statement Financial Ratios. The Profit Loss (i.e.; income statement) shows your revenue, expenses, and Fonterra Business Report, profit.

It is the research, most common of the three reports as it provides a view into the companys projected bottom line. The statement here is in a a read-only display, calculated automatically from the information you entered in the Sales Forecast, Budget, and Personnel Plan sections. If you wish to edit or change any information, you may do so by going back to those sections. The statement here will update automatically. The balance sheet gives a snapshot of research paper, your companys financial position at a given point in process reaction time, usually the last day of a fiscal period. Research Paper Maker! It is called a balance sheet because assets (what you own) will always equal the dred scott decision, sum of maker, your liabilities (what you owe) and stockholders equity (your investments from stockholders plus money that your business earned that is put back into running your business).

The balance sheet here is a read-only display. If you wish to change the balance sheet, you can do so by going back to the builder in Fonterra Report the Financial Plan section. If you are an existing business, you have the option of adding starting balances under the Financial Plan section. The cash flow statement displays the cash inflows and maker, outflows from your operating, investing and financing activities. Rather than providing an overview like the balance sheet, the cash flow statement will measure the research, change in cash during a period. In other words, how much money did you start and end up with? The statement here is a read-only display. Maker! You can go back to edit the sections in the Financial Plan section in hitler hate order to change the research maker, accounts affected in the cash flow statement. The Financial Ratios section gives a general overview of the Fonterra, health of your business.

The report here is maker a read-only display. If you wish to change any of the information, you may do so by editing the relevant financial information youve entered previously. The ratios here will update automatically. The Liquidity Analysis shows how solvent your company is, or how easily convertible to decision cash is the company in research paper maker case. This is important in determining the ability of the business to who did hitler hate meet its obligations, or paying off what it owes in debt. The Profitability Analysis shows the overall performance of the company in maker its ability to make a profit.

The ratios show how much of sales revenue is actual profit after taking costs and expenses into paper maker, account. The Debt Ratio shows how much of the businesss assets are financed by debt and how much of the businesss assets are financed by stockholders equity. The Investment Measures show ROI (Return on Investment) which is the percentage of the return (net profit) of the research paper maker, business divided by the cost of the investment. William The Bear! The most common method of calculating ROI is to divide net profit by total assets. Finishing these chapters represents a massive achievement in completing your business plan.

It is by far the most difficult chapter, as it requires doing somewhat complicated math to generate accurate financial statements. Research Paper! In all likelihood, you will need to hire an expert or accountant to help you create an research accurate and research maker, detailed plan that adheres to realistic outcomes. To finish it off, youll need to write an appendix and a glossary of scott, terms. Your appendix will be a more detailed version of the financial statements detailed in this chapter, and your glossary of terms will simply define the terms of your business that an investor may not understand. Upon including those chapters, your plan will be complete. Feeling inspired to research paper maker start a business, but dont know how to reaction write a plan? We have a sample database of plans that you can look through to learn the different chapters and sections necessary to attract equity investments and loans. Although our examples are specific to research maker each industry, keep in mind that every plan will be unique depending on your location, your customer base, and your own vision, so these will only serve as a starting point for you and your dream.

Click the decision, images to view our full business examples. 4. The Pros and Cons of Downloading a Business Plan Template. 1. Write with confidence you wont be forgetting any important information. Using this free template can help you write your own plan, without the hassle of figuring out research paper maker, how to hitler hate order your chapters, or the worry of feeling like you might be missing a section. We provide the entire bare bones skeleton of a business plan within this Microsoft Word .doc download. After you download it, its up to research paper maker you to flesh out the details and faulkner the bear, ensure that each section is as well researched and intelligently conceived as possible.

2. Research Paper Maker! Step-by-step writing guide and writing samples included. Our plans come with a complete how-to guide with examples from our professional business plan samples to help steer you through your writing. 3. Completely free no hidden costs, just download and start writing. This plan is completely free. You may encounter other people or websites on the Internet charging a price to download the guide. In A World! Do not purchase them there is no benefit at all to purchasing a pre-fabricated plan.

None of the information will be relevant to your company, and youll be gaining nothing but the research maker, order and Fonterra Business Essay, structure of the plan something that you could easily research and re-create on your own. Sound good? Keep in mind that while this guide may give you a better idea of how a it should be structured, that represents only research maker about 5% of the heavy lifting of writing an actual the complete document. Dont forget that every plan needs well structured elevator pitch. 1. Youll have to do complicated business planning math and calculations yourself or pay an expensive rate for someone else to do them. Youre going to have to do the research maker, financial calculations, plans, and paper maker, forecasts that a plan should offer to attract investment all by yourself. Creating these sections requires years of training, math skills, market knowledge, and investment savvy. This requirement is beyond the scope of most peoples abilities, which is why entrepreneurs turn to professional writers and dred scott decision, accountants to do the heavy lifting for them. Keep in mind: You may have a brilliant idea, but until youve subjected your product/service to meticulous research, and calculated your potential market as conservatively as possible, your business idea will be nothing but empty words and blather to a seasoned investor.

2. Youll need to manually create visual graphs and paper, charts to process make the calculations easily understandable. Youll need to take the numbers you calculated and create attractive graphs, charts, and research paper maker, tables for your plan. Making your data attractive and easy to comprehend is william faulkner no easy task. Research Maker! Professional planning software can not only Fonterra Business Report Essay do the research, calculations for faulkner the bear you, but will also turn them into relevant graphs, charts, and tables presented in the appropriate order, according to maker how equity investors and bank loan officers expect to see them. 3. A basic template wont allow you to track your business progress. You wont be able to keep your companys information up to date easily. One of the major benefits of who did hate, using software is that you can continually update your numbers based on your real expenses and research paper maker, earnings, allowing you to track the progress of your business easily and without a major hassle. Nonetheless, we encourage you to who did hate download this document and maker, get started with writing out your product/service concepts and dred date, marketing plan. If or when you encounter the financial sections, well be looking forward to helping your progress through the maker, major obstacles of writing a successful strategy that will help you get funding for your ideas. Crafted by process licensed attorneys Updated regularly Applicable to research paper all 50 states. Create your free.

Business Plan Template document in only 5-10 minutes! Copyright 2017 Legal Templates LLC. Legal Templates LLC is not a lawyer, or a law firm and does not engage in the practice of law. Research! Legal Templates cannot and does not provide legal advice or legal representation. All information, software and services provided on the site are for informational purposes and self-help only and paper maker, are not intended to be a substitute for a lawyer or professional legal advice. Use of this site is hate subject to paper our Terms of Use.

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essay four ibsen Role play seems to be the research paper, name of the maker, game in Henrik Ibsens A Dolls House . The main characters in research paper, the play pretend to be someone who others would like them to be, instead of being their true selves. The person that stands out the most as a character whose role play is almost impeccable to the point where it seems she leads two different lives is Nora. She is Torvalds loving and childish wife, and barbie world unknowingly, a strong, independent woman. As the research maker, play progresses, Noras persona shifts from that of the who did hate, everyday playful, trophy wife seen by Torvald and friends, to that of a self-empowering, willing woman. Noras first impression on the audience is maker of an obedient, money-loving, childish wife. In the Fonterra Business Essay, first act, Nora seems to just want money from her husband Torvald.

In the first encounter with Torvald after showing him what she just bought for their kids, she doesnt delay herself in asking for money. Even when asked what she would like for Christmas, money is her answer. It is impressive how Torvald addresses Nora as she was just a little girl, or even a pet, my little lark mustnt droop her wings like that. What? Is my squirrel in the sulks? (Ibsen 842). It seems as if he is talking to a little child.

And he says that as he is giving her money, which makes their interaction seem almost of a grown grandparent giving money to research his precious, favorite young granddaughter. Dred. All of which makes Nora seem more like a prized possession than an equal partner in marriage. This is how Ibsen first introduces Nora to the audience, as a simple minded, obedient trophy-wife. Research Paper Maker. Little does the audience know, though, this is but the role Nora plays in the household. As the play progresses, the haber, audience comes to learn that due to research paper a sickness Torvald had in the past, Nora in dred decision, order to research pay for a trip needed to save Torvalds life was forced to take a loan from a rich man known as Mr. Krogstad. There is a little subtlety, Nora not only got this loan behind Torvalds back, but in the legal process of obtaining it, she was forced, due to world the circumstances, to forge a signature so that she could get the money in time to maker save her husbands life. It is impressive that Nora was able to get the loan as Noras friend, Mrs. Linden, remarks a wife cant borrow [money] without her husbands consent (Ibsen 848). This implies Nora is haber process not completely a money loving fiend who just follows every instruction given by paper maker her husband, but she is a willing and determined individual who does what is needed for the best of her loved ones. The plot of the research maker, play becomes increasingly interesting when the audience finds out that now Krogstad is one of the employees of Torvald, and Torvald plans on firing Krogstad.

Krogstad knowing now of the forgery, blackmails Nora on the condition that if she doesnt persuade Torvald to not fire him, Krogstad would tell Torvald and everyone else that she forged that signature; in paper, which case it would have legal consequences for Nora. Yet most significant to Nora, knowing Torvalds abhorrence towards dishonesty and debt is her fear of haber reaction, ruining her familys image. The revelation of this secret to the audience completely changes the perception of research paper maker, who Nora truly is, or at least leaves the audience in a state of momentary confusion without knowing how to label Nora. This secret shows the faulkner the bear, strength of her character to carry with a burden she shouldnt have had to carry on research paper maker her own. Dred Decision. Not only is she paying back for a debt that shouldnt be hers, but she has been paying back by maker saving half the paper maker, money she is given for research paper clothes and by haber process reaction doing a heap of copying (Ibsen 849) books.

It is research paper admirable what is now known of Nora. She has spent years of her life paying back a debt by working on the side without letting others know of the troubles she has had. Specially the research paper maker, fact that the money she got she didnt use for clothes or drinks; the money was used to save her husbands life. Some may say it is cowardly of her to hide the reality from her husband, but is it really? The fact that she has chosen to face this debt by herself without the help of maker, anyone is haber process mind-blowing.

Picture a 1700s woman with no stable income, two children, and having every one looking down at you. Instead of asking for help to pay it back and telling Torvald it was money used on research paper him and for him, she takes the hard road by choosing to work what little she can by earning whatever she can. This shows bravery, determination, and will; all admirable features of an integrous character. Finally, when Torvald finds out who did hitler, of the debt and Noras forgery, he rages on at Nora for what she has done. It is then when Nora finally seems to come to an understanding of what she has lived and what is to be done. She now understands that she hasnt been herself throughout her marriage with Torvald. As she defends her position on her actions she states, When I look back on it now I lived by performing tricks for you, Torvald.

But you would have it so (Ibsen 885). It is clear to her now that she has been nothing more than a means of entertainment to her husband as he would have her dance for him and such. And Torvald, as much as he might have critiqued her in the end for her childish behavior, Nora points out that it is for performing those tricks he loved of research, her. Noras ultimate decision to leave the house, she explains by asserting that she must learn about herself, that she shall try to learn. I [Nora] must make up my mind which is right - society or I (Ibsen 886). William Faulkner. Nora is research paper maker now presented as a confident, conscious human being who knows that not everything that one is told one must follow. She understands there are aspects of society and its conventional values that she might not agree with and might possibly be wrong. Torvald then offers to teach her and she rejects him because she is conscious that she has to in a barbie world educate herself or at least away from him. She also points out that they never spoke of serious things, which could be the reason why she believes he isnt right to teach her; along with the fact that he has been looking down on her since theyve met.

In the end, Nora comes out as a strong willed, independent woman who knows what she wants. Nora is not only Ibsens vessel to show womens strong character, but serves the purpose of showing women as equal human beings. Maker. Nora also helps point out that there might some aspects of society which might be incorrect besides the perception of women as the less sharp sex; the law of those days for example. Report. All of these are shown with Noras possession of a secret life. In the surface she appears as a beautiful, fun toy to her husband, father, and research even to her friend Mrs. Linden, but it is only when they find out of faulkner the bear, her secret life when they start to appreciate her for paper more than a beautiful girl that she is. In A. That second life of hers allows Nora to show that she can work, that she can withstand enormous amounts of pressure, and that she is capable to do things when she is research paper maker determined.

It is this secret life that eventually leads to her being freed from that doll house, as she calls it, and ultimately allows her to leave without being afraid to study and learn about william the bear, herself and research paper society. Ibsen, Henrik. A Doll's House. Who Did Hitler Hate. Damrosch, David and David L Pike. The Longman Anthology of World Literature . Trans. William Archer.

2nd Edition. Vol. Research. E. Pearson Education, 2009. 840-888. This is a very sound and well-resented essay with a perceptiveness in dred scott decision, its thesis. There are a few glitches in some of the sentences, but not enough to detract for the overall impression of intelligent commentary. I think you might have made your thesis a little more clear in paper, your opening. For instance, you might have said: Even in the life she lives with Torvald, there are signs that beneath the twitterbird and squirrel, there is a strong and capable woman functioning in secret. In A. It is this secret Nora who emerges in the end, ready to openly seek an research maker, independent life where her attributes needn't be concealed.

And, as I mention below, you might include some notice that Torwald himself is not altogether what he seems to be. Again, some fine thinking through the implications of the play and a clear exposition. This is a good example of an A paper. I would probably give it in the vicinity of a 96. Role play seems to in a world be the name of the game in Henrik Ibsens A Dolls House . The main characters in the play pretend to be someone who others would like them to maker be, instead of being their true selves. The person that stands out the most as a character whose role play is almost impeccable to faulkner the point where it seems she leads two different lives is Nora.

She is Torvalds loving and research paper childish wife, and unknowingly, even to herself, a strong, independent woman. William Faulkner. As the play progresses, Noras persona shifts from that of the everyday playful, trophy wife seen by Torvald and friends, to that of a self-empowering, willing woman. This is research maker a good, clear opening. As is, you are describing the story. You might close with a kind of thesis statement to indicate what you are going to do with theis information. Noras first impression on the audience is of an obedient, money-loving, childish wife. In the first act, Nora seems to just want money from her husband Torvald. In the first encounter with Torvald after showing him what she just bought for their kids, she doesnt delay [herself] in asking for money.

Even when asked what she would like for reaction Christmas, money is her answer. It is impressive how Torvald addresses Nora as she was just a little girl, or even a pet, my little lark mustnt droop her wings like that. What? Is my squirrel in the sulks? (Ibsen 842) [This sentence in which you include the quote in grammaticaly incorrect as a sentence] . . It seems as if he is talking to a [little] child. And he says that as he is giving her money, which makes their interaction seem almost of a grown grandparent giving money to research paper maker his precious, favorite young granddaughter.

All of which makes Nora seem more like a prized possession than an equal partner in marriage. Barbie World. This is how Ibsen first introduces Nora to the audience, as a simple minded, obedient trophy-wife This sentence repeats phrasing you've already used. . Little does the audience know, though, this is [merely] but the role Nora plays in the household. As the play progresses, the paper, audience comes to learn that due to a sickness Torvald had in the past, Nora , in haber process reaction, order to pay for a trip needed to save Torvalds life , was forced to take a loan from a rich man [a moneylender] known as Mr. Krogstad. There is research maker a little subtlety, Nora not only got this loan behind Torvalds back, but in barbie, the legal process of obtaining it, she was forced, due to research paper the circumstances, to forge a signature so that she could get the money in time to save her husbands life.

It is impressive that Nora was able to get the loan as Noras friend, Mrs. Linden, remarks a wife cant borrow [money] without her husbands consent (Ibsen 848). This implies Nora is not completely a money loving fiend who just follows every instruction given by paper maker her husband, but she is a willing and determined individual who does what is needed for the best of her loved ones. Your explication of this aspect of Nora and research maker our understanding is very clear--well presented. The plot of the who did hitler hate, play becomes increasingly interesting when the audience finds out that now Krogstad is one of the employees of research, Torvald, and Torvald plans on firing Krogstad. Krogstad knowing now of the Nora's forgery, blackmails Nora on the condition that if she doesnt persuade Torvald to Fonterra Report not fire him, Krogstad would tell Torvald and everyone else that she forged that signature; in maker, which case it would have legal consequences for Nora. Yet most significant to Nora, knowing Torvalds abhorrence towards dishonesty and debt is her fear of ruining her familys image. Reaction. This might be stated more precisely. It seems to me that what she fears is maker that Torvald will take the full blame for her bad actions, (which would indeed ruin the family. The revelation of reaction, this secret to the audience completely changes the perception of who Nora truly is, or at least leaves the audience in a state of momentary confusion without knowing how to label Nora. This secret shows the strength of her character to carry with a burden she shouldnt have had to carry on research maker her own.

Not only is she paying back for a debt that shouldnt be hers (why not?) , but she has been paying back by saving half the money she is given for clothes and by doing a heap of copying (Ibsen 849) books. In A World. It is admirable what is now known of Nora. She has spent years of her life paying back a debt by maker working on the side without letting others know of the troubles she has had. Specially the fact that the money she got she didnt use for clothes or drinks; the money was used to save her husbands life. Some may say it is cowardly of her to hide the reality from her husband, but is it really? The fact that she has chosen to face this debt by herself without the help of anyone is mind-blowing . (You might look for less slang-y phrses to use in your essay. is staggering to consider.) Picture a 1700s woman with no stable income, two children, and having every one looking down at you.

Instead of in a barbie world, asking for help to pay it back and telling Torvald it was money used on him and for him, she takes the hard road by choosing to work what little she can by earning whatever she can. This shows bravery, determination, and will; all admirable features of an integrous [not a word] character. Finally, when Torvald finds out of about the debt and Noras forgery, he rages on at Nora for what she has done. It is then when Nora finally seems to come to paper maker an understanding of what she has lived and what is to be done. World. She now understands that she hasnt been herself throughout her marriage with Torvald. As she defends her position on paper maker her actions she states, When I look back on it now I lived by the bear performing tricks for paper you, Torvald. But you would have it so (Ibsen 885). Haber Process Reaction. It is clear to her now that she has been nothing more than a means of entertainment to her husband as he would have her dance for him and such. And Torvald, as much as he might have critiqued her in the end for her childish behavior, Nora points out that it is for performing those tricks he loved of her. I think here it would show an paper, extension of your theme to point out the william faulkner, Torvald, too, shows that he is not what Nora expected him to be--instead of heroic self-sacrifice, he shows a petulant and cowardly desire for self-protection.

Noras ultimate decision to leave the house, she explains by asserting that she must learn about herself, that she shall try to research maker learn. William Faulkner The Bear. I [Nora] must make up my mind which is right - society or I (Ibsen 886). Nora is now presented as a confident, conscious human being who knows that not everything that one is told one must follow. Research Paper. watch awkward phrasing. One needn't blindly follow everything one is told or something like that. She understands there are aspects of society and its conventional values that she might not agree with and might possibly be wrong. World. Torvald then offers to teach her and she rejects him because she is conscious that she has to educate herself , or at research paper maker, least away from him find herself independently of him . Haber Process. She also points out paper, that they never spoke of serious things, which could be the reason why she believes he isnt right to teach her; along with the who did hate, fact that he has been looking down on her since theyve met.

In the end, Nora comes out as a strong willed, independent woman who knows what she wants. Nora is not only Ibsens vessel to show womens strong character, but serves the purpose of showing women as equal human beings. Research Paper Maker. The character of Nora also helps point out that there might some aspects of society which might be incorrect besides the perception of women as the less sharp sex; the law of in a barbie, those days for research example. All of these are shown with Noras possession of a secret life. Fonterra Business Essay. In On the surface she appears as a beautiful, fun toy to her husband, father, and even to her friend Mrs. Linden, but it is only when they find out of her secret life when they start to appreciate her for more than a the beautiful girl that she is. Research Paper Maker. That second life of hers allows Nora to research paper maker show that she can work, that she can withstand enormous amounts of pressure, and that she is maker capable to do things when she is determined. It is this secret life that eventually leads to her being freed from research that doll house, as she calls it, and ultimately allows her to leave without being afraid to study and learn about herself and society. Ibsen, Henrik. Research. A Doll's House. Damrosch, David and David L Pike.

The Longman Anthology of World Literature . Trans. William Archer. 2nd Edition. Research Maker. Vol. E. Pearson Education, 2009. 840-888.