Monday, February 24, 2020

Business Plan for a Startup Business Research Proposal

Business Plan for a Startup Business - Research Proposal Example Planning facilitates him to identify problems that require outside sources of information and help. The nature of markets and customer needs alter rapidly. Planning cannot forecast alteration but it helps an individual to identify it and map his business policy accordingly. Small businesses tend to either cultivate too rapidly for their capital base or too sluggishly to sustain cash flow. Planned growth facilitates him to plan his capital requirements in advance and to guarantee that funds are accessible when one needs them. A detailed Business Plan allows one to scrutinize his results against a prearranged set of objectives and performance principles (Business Planning, n.d.; Business Plan for a Startup Business, n.d.). The rationale behind forming a business plan is that one can expect problems that are likely to take place and decide how they should be dealt with in advance. For instance, a lot of small business proprietors spend so much time ‘putting out the fires’. A business plan often helps an individual to justify his deeds. Often, one chooses to do something because it ‘sounds’ or ‘feels’ right. Preparing a Business Plan compels one to confirm the validity, or at least consider the logic behind one’s plans. Business proposal implies one’s capability and commitment. It is a remarkable document if it is well prepared. It helps us to convince the outsiders, for example, lenders and suppliers that one comprehends the business. It is a long-standing management tool by which decisions can be taken for the future that best suit the intentions of the business. The business proposal helps in scrutinizing and assessing the new business opportunities , proposes a case for finance, and portrays a lucid picture of the business and its prospect.

Friday, February 7, 2020

Incident Management Team #7 Essay Example | Topics and Well Written Essays - 500 words

Incident Management Team #7 - Essay Example Nature of the incident and the different types of skill sets of the employees determine the members of an incident management team. The line officer is responsible for analysing the nature of the fire incident and to formulate suitable teams to tackle it. He must decide in which category the incident comes and what are the immediate priorities of the teams formed. The line officer must make the team members aware of the nature of the incident and he must provide a brief about the main objectives and immediate objectives of the team in action at the incident place. For example, if the fire causes threat to the life of the people, then the team’s immediate objectives must be to save the life of the people. Incident Management starts as the smallest unit and then changes the structure of the unit according to the complexity of the emergency. Team development is an important part in the management of a fire incident. The members of an IMT (Incident Management Team) should work as a team, and learn the knowledge and skills needed to perform effectively in stressful, dynamic conditions. â€Å"Team decision-making is a critical aspect of effective IMTs, and this skill must be developed by the team as a whole in an exercise/activity environment so that it can be applied appropriately during an emergency† (Incident Management Team Development) In an incident management team, there will be command staffs and general staffs. The type of the incident determines the whether to allocate different positions to the staff or not. The incident management teams are designed to tackle fire and safety related problems. The preliminary aim of the IMT’s is to protect the life and property of the public from the dangers caused by fire like safety issues. As a fire fighter I have to obey the commands from my superiors in saving the life