Service Business Plan – Differences From a Product Business Plan | business services

When creating a service business plan, either start with a business plan template created specifically for a service business to save time and worry, or take great care to adjust the plan to be appropriate for a service rather than a product. These are a few elements of the plan that will require changes.TerminologyCertainly, a plan with focuses on “product”, “product design” and “product development” must have those terms adjusted. Within the marketing section, “place” is often discussed as one of the 4 Ps (product, promotion, price and place). In a service business plan, “place” should refer to both the location where the service will be delivered to customers (whether this is a physical location or a website) and the methods of delivery (such as sales by phone, over the internet, in person, etc).InventoryFor a pure service, there generally is no inventory. The “product” of service is created at the same time as it is consumed. For that reason, operations management terms like “inventory management” do not apply. Mentions in the balance sheet of inventory may need to be removed to show that you are focused on a business service and demonstrate that you are not using a “cookie cutter” financial model (even if you did start out with a model template).Exit StrategyWhen a pure service business is designed around the work of the entrepreneur (for example, a consulting or brokerage business), exit strategy as it normally exists in other plans becomes more challenging. This is because the exit strategy for many small businesses is a strategic sale of the company to a larger business that values its resources. However, if most of the key resources of the business are in the entrepreneur, larger businesses would rather hire the entrepreneur away than buy the business itself. In this case, the entrepreneur may profit to a certain extent, but value does not flow to investors to provide them a return for the capital they put in. Take this into account and either show other assets being developed in the company (i.e. proprietary systems) or consider a different type of exit.

How to Spend a Happy Vacation | Holidays and Vacations

You must go on a vacation at least once a year and spend some quality time with your family and many psychologists opine that an annual vacation is necessary to preserve one’s mental health. If you want to truly enjoy a happy vacation, you should just forget all your personal problems and remain cheerful. To spend a happy vacation you should meticulously plan your entire vacation program ahead of time.Please remember that planning a happy vacation will be quite easy once you decide on your destination, the number of people accompanying you, mode of travel, the duration of your vacation and things you would wish to see and do during the vacation period.Once you are clear in your mind what exactly you want out of your vacation, you can easily prepare the entire vacation program. The most critical component of your vacation is the accommodation. The one assured way to have a happy vacation and spend quality time with your family is to opt for a vacation villa or a holiday cottage instead of staying in hotel rooms.Vacation rentals and holiday cottages are generally attractive for varied reasons – cost savings, more space, no payment of tips, taxes or service charges – all of which become payable when living in hotel rooms. Besides, renting a villa or a holiday cottage can be much cheaper when compared to hiring hotel rooms.A vacation rental is a fully furnished property and includes a holiday cottage, condominium, town home or single-family-style home, also referred to as villa rentals. If you have good accommodation with all amenities, then you really can relax and thoroughly enjoy the vacation trip. Before planning everything else, you need to make sure that you have chosen the best vacation villa or holiday cottage.There are accommodation options galore but you must take into consideration quite a few factors into consideration before selecting the vacation rental. Make sure that the vacation rental or holiday cottage you choose has easy access to places of tourist interest and reliable transportation is available for you to go around.If you prefer to be away from the din and bustle of the city center and want to have a quiet holiday with your family, you should select a villa or holiday cottage in some peripheral areas. You have to take into consideration the size of the vacation rental you need depending on the number of persons accompanying you.Vacation rentals and holiday-cottage are available in varying sixes ranging from 2 to 20 persons. Besides, renting a villa or a holiday cottage can be much cheaper when compared to hiring hotel rooms.Having a happy vacation means you should spend maximum hours with your family and loved ones and vacation rentals and holiday cottages will provide you the opportunity to stay close together whereas in hotels you may have to hire multiple rooms.Eating out can be very costly and staying in a vacation rental or holiday cottage means you can cook your own meals and save a lot of money to meet other useful holiday expenses. Of course you should also visit restaurants to taste the local food and enjoy the local flavor but eating out should be rare.

The Function of Barns on Farms | Livestock

When one thinks of barns, farms and animals come to mind. One often thinks of rustic rural landscapes in the middle of country. Stacks of hay, chickens, roosters and pigs are the inhabitants most often associated with barns. When asked to name a structure of a farm, this is the number one answer.They do have many functions except for residential purposes. More often than not, they are used as storage facilities. Stacks of hay are often brought in from the fields where they are stored. Then the hay is usually stacked and bundled. Afterwards, they are often put on trucks and wagons to be shipped and sold on the market.Besides hay, the harvest is also stored in these structures. When the crops are ready, they are picked out of the ground or off the trees and plants. They are then transported and stored inside these structures. Just as with the hay, they are stacked up. The farmer and the farm help usually go through the harvest to sort out the best from the bad. Fruits and vegetables which are bruised or otherwise damaged and separated in one pile from those that are good. The best of the crop is then boxed and packaged. Then they are placed on trucks and wagons to be transported and shipped for sale.Livestock are usually housed in these structures as well. Most livestock are usually in the open. Most of the time, the animals are left to graze and roam the fields and surrounding areas. The animals are placed inside when the weather turns inclement. During severe rain and thunder storms and during winter storms such as blizzards, the animals are herded inside for shelter and protection.Shelter from the elements is the main purpose of this building structure. This is to protect both the livestock and the harvested crops. Rain and frost can cause great financial lost to farmers. Hail is also the source of widespread misery for many farmers. For livestock, shelter is provided during the winter months. When temperatures drop below freezing, the hazards to the livestock are just as great as for humans. To protect their investments during the cold season, many farmers will keep their animals inside during the winter. Most barns are unheated but when the doors and transoms are closed shut, it keeps the temperature just warm enough to keep the animals from freezing to death.Security is another function for these structures. For owners of livestock, they must protect their animals from other predators such as foxes and coyotes. This is the main reason that animals are placed inside at night. With the doors and shutters closed, it keeps the predators out and the animals secure. When it comes to harvest crops, keeping them inside protects them from potential thieves. Keeping animals and crops safe and secure is one of the primary concerns for farmers and ranchers.These are the main functions of barns in agriculture. They provide shelter and protection for both livestock and crops. They are an essential investment for farmers in order to protect their livelihoods and investments.


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