Friday, October 18, 2019
Business proposal Essay Example | Topics and Well Written Essays - 1250 words
Business proposal - Essay Example Category 1 to category 4 represent some of the different periods that the business may experience during its operations and assists in developing an individual expense report since high category of 4,will mean high periods of the business and necessary adjustments to the expense report made. Therefore, expenses entail on the type of category experienced. During high categories such as category 4, expenses reduce since the category expects high expenditure affecting savings of the business. Series 1 and 2 shows some of the downs and falls of the business. It enables an individual to determine the periods of savings and expenditures of the business and hence reducing costs and maximizing on profits. Saving from wages enables an individual to have plans for future development of the business. Some of anticipated problems in developing the business plan include lack of enough financial resources and inadequate time for the individual business expense report to take effect. The use of SMART (specific, measurable, applicable, reliable and time range aspects) analysis helps in solving some of the major problems experienced in development of the business proposal. The use of SMART analysis enables the problems of development in the business proposal solved and enable for the progress of the proposal. The use of SMART analysis enables one to compare current household expenditure with future developments of the same expenditure. Specific Problems of the business are handled easily and using realistic approaches of SMART analysis, solutions of the future are managed using an individual expenditure report. Therefore, the development of a business proposal has many varied benefits to the business, which enables prosperity and developments of the company in many varied and effective ways. Period of SMART analysis enables for the existence of an average annual pay of sixty thousand, which enables business individuals and
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