£20 off Business Plan Pro Avail of your markdown at www.businessplanuk.co.uk/startup/500+ example strategies for success Step-by-step direction Complete conjectures and financials Instant download accessibleSlide 2
Assessing your Market Alan Gleeson Managing Director Palo Alto Software LtdSlide 3
Who am I?Slide 4
What you will learn today How to produce an Idea How to comprehend your Market How to assess the extent of your Market The numbers that are Important Some Key Tips for a triumphant Business PlanSlide 5
Coming up with thoughtsSlide 6
eBay PulseSlide 7
Surprise WinnersSlide 8
Trend WatchingSlide 9
Key Word AssistantSlide 10
Are all the smart thoughts gone?Slide 11
Glasses DirectSlide 13
Mixt GreensSlide 14
Your thoughtSlide 15
Product or Service Key Features Key Benefits Evidence of interest Knowledge re Substitutes and Competition Commercially Viable Segments Access to the business sector and access to the portionsSlide 16
Business Plan Pro 500+ specimen strategies for success Step-by-step direction Complete gauges and financials Instant download accessible… . Spares Lots of Time Help at each stride Takes the torment of composing a strategy for success away Easy to utilize Saves MoneySlide 17
Writing a strategy for successSlide 18
The IPod Capacity: 20GB Battery Life: Up to 15 hours Display: 2-inch (askew) 65,536-shading LCD with LED backdrop illumination iPod Ports: Dock connector, remote connector, stereo earphone jack, composite video and sound through earphone jack Connectivity: USB 2.0 and FireWire 400 Charge Time: About 5 hours Audio Support: AAC (16 to 320 Kbps), Protected AAC (from iTunes Music Store), MP3 (16 to 320 Kbps), MP3 VBR, Audible (configurations 2, 3, and 4), Apple Lossless, WAV, AIFF Photo Support: Syncs iPod - visible photographs in JPEG, BMP, GIF, TIFF, PSD (Mac just) and PNG designs Size (in inches): 4.1 x 2.4 x 0.63 Weight: 5.9 ouncesSlide 19
The IPodSlide 20
Understanding your MarketSlide 21
Understanding your surroundingsSlide 22
Considering LondonSlide 23
A SolutionSlide 24
The MicrochipSlide 25
Estimating the size and estimation of your MarketSlide 26
Why it is essential?Slide 27
Why it is vital?Slide 28
Estimating the Size of your Market Top Down Approach UK Population 60,776,238 (July 2007 est.) Age structure: 0-14 years: 17.7% (male 5,490,592/female 5,229,691) 15-64 years: 66.5% (male 20,329,272/female 19,855,862) 65 years and more than: 15.8% (male 4,063,357/female 5,472,683) (2005 est.) What is the objective demographic profile for my great/administration? Area/Age/Sex/Income Level/Nationality and so onSlide 29
Estimating the Size of your Market 1% of MarketSlide 30
Estimating the Size of your Market Bottom up Approach Current deals level assessments Sales levels of contenders/substitutes and so forth Extrapolate from a specimen Is the business sector developing or contracting?Slide 31
Want to open a coffeehouse on the Hammersmith Road?Slide 32
Step 1: Acorn 2 Urban Prosperity E Educated Urbanites 18 Multi-ethnic youthful, changed over padsSlide 33
Step 2: How is the business sector served as of now?Slide 34
Step 3: FootfallSlide 35
Step 4: The NumbersSlide 36
Step 5: Do the MathsSlide 37
But how would I figure when something is totally new?Slide 38
Millennium Dome Year 1 Estimate Visitor Numbers ??mSlide 39
How might you compute it?Slide 40
Top 10 attractions in the UK in 1999 1. Alton Towers 2.65m 2. Madame Tussaud\'s 2.64m 3. Tower of London 2.42m 4. Regular History Museum 5. Legoland 1.62m 6. Chessington World of Adventures 7. Science Museum 8. Imperial Academy 1.39m 9. Canterbury Cathedral 10. Windsor CastleSlide 41
What is your evaluation now?Slide 42
Millennium Dome 31 December 2000 : Dome shut to people in general, having pulled in a little more than six million guests. The underlying anticipated figure was twelve million.Slide 43
Business Plan: The NumbersSlide 44
The Key Numbers to concentrate on 1. Month to month Revenue Predictions: Numbers * Amount. 2. Month to month costs Fixed and Variable 3. Make back the initial investment Point: Fixed Costs ÷ Contribution Where the commitment speaks to the offering cost - variable expenses. 4. Free Cash Flows: Cash not required for operations or for reinvestment. 5. Development Levels : Is the business sector developing or declining? This one is key for banksSlide 45
A Winning Business PlanSlide 46
A Winning Business Plan Evidence that a business sector exists (there is a need/issue) Evidence that you can address the issues of the business sector (an answer) Evidence that you can do as such beneficially Evidence that you can get to the business sector Evidence that you have what it takes to deal with the business Evidence that the organization can produce solid free money streamsSlide 47
Assessing your Market Alan Gleeson www.bplans.co.uk www.paloalto.co.uk
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