Monthly Archives: December 2010

Difference Between Business Plan And Business Proposal

Posted by on December 31, 2010 No comments

Business has a lot of words that often confuse people. People tend to mix their meaning and are unable to differentiate them. Business plans and business proposals are amongst these misleading terminologies. People often think of them as one and the same thing. Business plans and business proposals are totally different in their use and nature. Both are documents used in business but both have different purposes.

Business plans reflect the long term plan of a business. It reflects the way a business plans to establish itself over a longer period of time. Business proposals on the other hand are not meant for longer term. They are an intention to work out a business venture with another business. The intended audience of both the documents also varies significantly. The business plan is intended for the management as well as the lenders and many others. The business proposal is however a document that is only intended for the other business with whom a business wishes to enter into a joint venture with. Then there is a difference of need. Business plans are needed for establishing a guideline for standing up a business from scrap.

It usually defines the directions the business has to follow step wise in order to achieve that. Business proposals are really not for that purpose. They are short term and only needed to communicate a business’s intentions to work with another business. Business plans often help to raise the required capital needed for your venture. Business proposals don’t do this sort of work. Business proposal can be intended or unintended as well. A large public or private company may give an advertisement about pursuing an adventure and want to get third parties involved through an open bidding process. Unintended proposals are those in which the large organization is reached by the third party to pursue a venture with them in doing the business. In both cases the purpose is quite different from that of a business plan.

Dow Jones Index Mid Day Update Monthly Chart Correction Still Inplay

Posted by on December 31, 2010 1 comment

www.StockMarketFunding.com Dow Jones Index Mid Day Update Monthly Chart Correction Still Inplay Disney (DIS) Pulls Down Stocks‎ on a poor earnings report. We saw Rating agencies win dismissal of lawsuits. Oil bull loses 20% but keeps charging. ajaratnam guilty on all insider trading charges. Visa to launch digital wallet for US banks. Does Microsoft’s Skype Purchase Really Matter? Silver stocks reversed lowers as ETF SLV PSLV and AGU sold off throughout the trading day. Gold timers finally throw in the towel Stocks have been undercut by a sudden flurry of selling interest. All three major equity averages now trade at new session lows with marked losses. The S&P 500 went down as low as 1337.98. We saw broad-based distribution NYSE Composite Index, Dow Jones Transportation Index, Dow Jones Industrial Average, ProShares Ultra Silver AGQ, Russell 2000 Index, Priceline.com (PCLN), Autozone (AZO), Intuitive Surgical (ISRG), SINA Corp (SINA), Terra Nitrogen (TNH), Direxionshares Energy Bull 3x (ERX), CARBO Ceramics (CRR), Google.com (GOOG), Universal Display (PANL), Walter Energy (WLT), Molycorp (MCP), Sohu.com (SOHU), Baidu (BIDU), Apache (APA), CNOOC (CEO), Joy Global (JOYG) The market’s downturn coincides with an upturn by the dollar, which now sports a 1.0% lead over the euro. At the same time, it has cut its loss against the British pound to less than 0.3%, even though speculation has increased over the matter of a potential rate hike by the Bank of England following some …

Loans For Unemployed Assistance For Fight Against Unemployment

Posted by on December 31, 2010 No comments

The job market in Great Britain has been overcrowded in the recent years. To speak the truth, pressure on the job market is more than ever. The British government has recently taken some financial steps effect of which is sure to show an increase in the rate of unemployment. The rate of unemployment is already considerably high. The British people have been unemployed because of retrenchment, lay off, downsizing in different plants and offices which has direct and indirect link with the recent global recession.

On the other hand, rights of the unemployed people to have a decent life cannot be denied. They must have finance to clear the medical bill and to pay off the school fees of their sons and daughters. They must be capable of clearing the electricity and telephone bills. Loans for unemployed have been introduced in the market keeping in mind that immediate problems of the unemployed in United Kingdom must be addressed duly. All kinds of unemployed people (homeowners, non-homeowners and students, for example) can avail loans for unemployed.

Loans for unemployed are available in two forms: secured and unsecured. The unemployed people who can produce tangible property to be used as collateral are offered loans for unemployed in secured form. In most of the cases, the unemployed people cannot provide assets to be used as collateral. Moreover, there are reasons for the borrower to be worried. The lender has the right to take possession of the property used as collateral if the borrower fails to pay back the borrowed amount within the scheduled time. Most of the loan-seekers prefer loans for unemployed in unsecured form. Collateral property is not required in loans for unemployed in unsecured form.

The loan-seeker who wants to secure loans for unemployed must fulfill the following conditions:  Read more...

Importance of a Business Plan

Posted by on December 29, 2010 1 comment


Video from our FREE Online Business Course www.myownbusiness.org Session 2 – The Business Plan Question “We find that many entrepreneurs find it difficult to write out a business plan. Could you cite why this important step should not be overlooked?” William H. Crookston, Ph.D. Professor of Clinical Entrepreneurship University of Southern California Topics covered in this video: Starting a business, writing a business plan, entrepreneurs, business plan templates Transcript: My experience has been both with students and with individual executives who are trying to start or plan or grow a business and are attempting to do it without a plan. Those particular projects don’t get the help that good planning could give and it’s my belief over many years of experience as well as teaching that it that it’s a necessity to have a written business plan. It helps you figure out where you’re going. It helps get people to support you. It’s an important sales document. It’s a very important financial document and really is your first child. If you can’t write that business plan you can imagine what a mess your second child, the actual business, could be. So if there is anything here that you should tell the world, it is: write a business plan. It doesn’t have to be elaborate. There are many templates out there. We prefer to make sure the entrepreneur does it themselves. You should revise it anytime you think feel it needs revision but without it your just stumbling around in the dark.

Factoring and Invoice Discounting Guide from SME (Funny Alan Partridge Impression)

Posted by on December 29, 2010 1 comment


www.smeif.com Invoice finance, including invoice discounting and factoring, is a proven way to grow your business. This funny, Alan Partridge style Fast Finance Guide from SME Invoice Finance introduces business owners to invoice discounting and factoring to improve cash flow. In this comedy video, the Alan Partridge character answers your question How does Invoice Discounting or Factoring work?. A really funny Alan Partridge impression – back of the net! If you would like further information on invoice finance, please contact SME Invoice Finance on 0800 083 8835 or see our web site at www.smeif.com