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Business Planning – Things To Consider

A business plan is a very essential component for an starting or already existing business. At times business planning can be time consuming and at times costly especially when a business has to hire a business professional to carry out the procedure on its behalf. There are two main business planning considerations. One a business doing the planning on its own and second a business hiring a business consultancy. Now one can decide to carry out personal business procedures but before then one may be required to taking business planning lessons for one to come up with workable, productive and effective business plan. Again one may need to know a business plan in and out to make the business planning a success. All the business planning fundamentals and processes involved.

It is important to a business entrepreneur or business to understand many business plans starts from actual plan writing. The goals and achievements of the business have to be clearly spelled out and the actual carrying out of the business plan especially taking the first step is one of the most crucial and at times hard tasks in implementing a business plan. Personal business planning is recommended for small businesses that are not able to afford fees for hiring a professional business planner.

Here are essential tips that will enable you come up with a workable and achievable business planning. First it is important to first note that the business’ objectives, goals and the time that will be used are very essential in business planning. Patience is required as it may take time before a business plan’s fruits are acquired. Secondly it is of essence to develop both short term and long term goals. The short times goals can be used in achieving the long time goals. Then next one may be required to create a written plan. The written plan will help you in accomplishing the stated goals and objectives. The initial stages may not as perfect and trying editing at the initial stages may not be such a good idea. Leave the editing and structuring bit to the final business plan drafts. Finally is the implementation of the drafted business plan.

High-end Luggage Marketing Strategy

In 2005, the luggage and bag manufacturers are tens of thousands, a total of 865 above-scale enterprises. From the regional distribution, the South and East China is the main distribution zone. Sub-provinces (municipalities / autonomous regions), it seems, the first eight provinces (municipalities / autonomous regions) in Guangdong and the Yangtze River Delta (Shanghai, Jiangsu, Zhejiang) as key areas. China’s major industrial parks bags in Guangdong Province, the Yangtze River Delta, and Hebei.
Production and export of bags in China is big country, but serious deficiencies in the embarrassing situation of the brand. Big but not strong, neither the design nor content of brand value, is a major weakness of China luggage. China’s export unit price of bags is usually only a fraction of imported bags and even a few one-tenth of China’s nearly 300 billion luggage market, most of Louis Vuitton, Gucci and top brands such as Paul, Pier Ka Dan and other foreign brands occupy the mid-authorized, according to incomplete statistics, China-made own-brand market share less than 20%, with more than 20,000 manufacturing enterprises in China, luggage, just in the industrial chain for the developed countries play a manufacturer’s role.
Bags as an unplanned consumer goods, in a few years ago and no cause for concern. Now people around the bag is not a shortage of goods. Not only in the application has been strengthened, decorative also been expanded, a variety of shops and bags have become an indispensable fashion accessories. As an important factor in fashion, bags contains a huge market opportunity, the present situation, there are several large luggage market demand points:
1, changing styles, a wide range of
2, simple style, generous
3, graceful, rich luxury
4, the demand for leisure – the popular cartoon
China bags channel model:
1, Direct mode
2, the regional agency or regional distributor model
3, the franchise mode
China luggage terminal market business model:
1, independent stores
2, shopping center store
3, exclusive department stores (Nakajima, side hall)
4, leather goods market
5, online store
6, the online trading platform
Case: notlie bags marketing strategy
1, Notlie product positioning:
Product lines: leather bags,hand bag, shoulder bags for women, wallet-based; belts, cosmetic bags, canvas bags.
Features: Elegant, sophisticated, stylish, classic, excellent quality, sophisticated technology.
Color characteristics: leading the trend in Asia, China in the international wind off
Price: DISSONNA in with similar or slightly lower than the COBO, this series of brands in the country belonging to the high-end price
The main products sold price :100-500 dollars (fashion handbags category).
Products sold times the price :50-300 (complete product category).
Products target consumer groups: the 22-45 year-old fashion demands of women, have a good career, a higher source of income, young, energetic, dynamic, free no pressure, for high quality of life of people.
2, Notlier business model selection
notlie development of the mainland China market using the separation of production and sales company system, both the company’s total sales by the notlie responsible notlie development of the domestic market, responsible for notlie of network development, dealers choice, branding, sales policy, marketing methods and a series of selection marketing activities. The national headquarters based in Shenzhen, Guangzhou or Shanghai, according to the strength of sunlight conglomerate, choose the form of sales in the country, these forms include the terminal Direct, two major forms of franchising, comprehensive development of the domestic market.
In the sales terminal choice, choose the form of high-end department store franchise based, high-level shopping center stores to highlight the form, in Beijing, Shanghai, Guangzhou, Shenzhen and other large developed cities, select high-end department stores, shopping centers or senior set up flagship stores, brand high-end display is notlie and experience, but also high-end luggage notlie occupy the mainstream of the city to develop a strong market. Selected urban centers in provinces of higher local department store to notlie counter in the form of presence. According to the residents of the cities there are differences in consumption levels, a choice for the development of point of sale terminals. Beijing, Shanghai, Guangzhou and other large cities with higher levels of consumption, should be appropriate to increase the number of point of sale terminal to Shanghai, Beijing, for example, the city should be developed at least 20 or more point of sale terminal.
3, Notlie market selection and development
Notlie development in the domestic market, can be divided into three stages,
The first stage of the Direct or franchises development in Beijing, Shanghai, Guangzhou, Shenzhen and other major urban markets;
Direct the second stage, franchises developed provinces and cities of the developed urban markets;
The third phase of development of other domestic markets (specific marketing strategy will be reflected in later chapters).
Competitive analysis
China is currently on the market in high-end handbags competitors are divided into the following three categories:
The first is the world’s leading luxury goods brands such as COACH, GUCCI, Louis vuitton, etc., their main city in the country a class of high-end department stores to open up a few outlets, such as Beijing, Shanghai, Shenzhen, currently not many outlets in the country, such as only seven in mainland China COACH, GUCCI 14 in the mainland.
The second category is the leading brand, with international brand image in the Chinese market, such as DISSONA, COBO and so on. These companies in the country to join the Direct and the combination of the rapid expansion of the domestic channel, sales distribution more, covering major domestic and municipalities, provincial capitals and other major cities.
The third category is the Volkswagen brand and products to meet consumer demand for middle and low.
For consumers, it is difficult to distinguish between these two types of enterprises. And the second business is essentially to Italy, France, the brand’s image appeared, and a more complete story of the brand and mode of transmission.

Major competitive brand analysis:
1, DISSONA
Shenzhen Jin Shun Industrial Co., Ltd. was as DISSONA general agent in China, currently DISSONA sales outlets in China’s urban centers throughout the provinces, close to upscale department stores in the country established the image of the counter, in the Miss Gao Dang Pijuxiangbao 25% market share in its possession.
Dissona main Ms. shoulder bag, hand bag, wallet and other products, the target consumer group is 25-45 years old focus on quality of life, and have the willingness and ability to improve the quality of life of women.
Dissona-store monthly sales of 30 million or more, the country in the Miss Gao Dang Pijuxiangbao 25% market share in its possession. Total sales revenue of 3 billion yuan.
2, COBO
COBO claims: “brand from Italy in the 1990s to enter the China market”, in fact, produced by the production of COBO Sun Moon Star Leather Products Co., Ltd. Shenzhen, complete, in fact, the domestic brands.
COBO currently has six outlets in Hong Kong, in Beijing, seven points of sale in Shanghai, there are 24 outlets in Shenzhen five points of sale. In China with Hong Kong, Beijing, Shanghai, Shenzhen, four offices.
Ms. COBO products hand bag, shoulder bag-based, end-fabric package price of $ 1800-3000; leather bag Terminal Price 2000-5000 yuan. Same-store sales were 25 million or more months. Excluding Hong Kong, including, COBO annual sales in the country of 1 billion yuan.
3, COACH
COACH of the excellent reputation of the United States from its original spirit and design, adhere to the tradition of making high-level leather, with exquisite craftsmanship, from natural leather lines in the cortex show a sense of quality and durability. “Within reach of the luxury boutique” concept and is confident COACH efforts to create brand image, COACH has a full range of accessory products: purses, briefcases, luggage, travel bags, wallets, jackets, gloves, scarves, watches, glasses, shoes, fashion accessories and so on.
COACH in Hong Kong, China has 12 outlets in mainland China 2 Beijing, Shanghai 3, Shenzhen 1, Xian 1, a total of seven points of sale.
According to monthly sales of 500,000 single-store basis, single-store annual sales income of 600 million, COACH big sales in China takes root in 42 million.

Market forecasts and opportunity analysis of market opportunities:
1978-2006, China’s average annual GDP growth of 9.67%, far higher than the world average of around 3.3 per cent economic growth rate. Significantly improve people’s lives, and the pursuit of high quality of life is the common goal of society as a whole, the high-end consumer goods, luxury consumer goods market demand with the economic development and rapid increase. China luggage products every year to more than 15% of the rate of growth, growth in high-end luggage products faster, which is the development of luggage to bring a good business opportunity.
Gucci, LV, Coach leather bags for women and other famous brands have entered the Chinese market for many years, and achieved a certain market opportunities. The success of these international brands, to DEGER can provide a number of successful experience will help DEGER to open the Chinese market, many in the market to avoid detours.
High-end luggage industry has some barriers to entry, brand, design level, technological level, high-end channel selection and so the entry of other companies have some barriers. As for the Sunshine Group has a solid strength and rich experience in enterprise business bags, barrier is precisely the advantage of their own development.

Why Buy American Made Gun Safes

All of us firearms owners know the importance of safety, and once out in the market to purchase a Gun Safe it is almost imperative to consider buying an American Made Gun Safe. There are obvious philosophical, patriotic, and economical reasons: mainly keeping jobs within our borders. But from a gun owner perspective it simply makes sense because the quality of a “Made in the USA” Gun Safe is far superior. In reality it is not rocket science to know why. A Safe is a box designed to protect valuables and the better the material and construction of the box, the better the protection.

And They Went to China

In the 1990’s many USA gun safe companies turned their eyes to the Far East to reduce manufacturing costs and nowadays at least 75% of all gun safes are made in China. It was a shift that improved the bottom lines of those manufacturers, but one that inevitably reduced the quality of what is offered in the market because apart from the savings in cheaper manpower, there were also cost reductions in materials and design.
Upon first glancing of both, an American Gun Safe and a Chinese one, you might not see or know the difference among them and the difference is not small, so here we lay out the main factors contributing to the better quality of an American Made Gun Safe:

Home Energy Audit Helps Lower Your Energy Bill

The spiraling energy costs are putting immense financial strain on the consumers. It is high time that people should adopt energy efficient techniques to conserve the amount of energy used at home. This requires the help of home energy audit professionals.

Prior to their visit to the home, it is necessary for the occupant to keep the energy bills, ready. The bills help the auditor to understand the energy consumption requirements. It is beneficial to provide other information like electricity usage pattern of the house, thermostat selection during winter and summer season, type of appliances used and number of rooms and occupants in the home. This information helps the auditor to clearly understand the energy needs of the home.

The home energy audit helps the occupants know the true energy requirements and helps to conserve it by pinpointing the leakages in the home and the conditioning system. A careful analysis of ductwork, heating and cooling pipes, doors, windows, basement, corners and walls by specialized instruments like infrared camera, door blower and surface thermometer help to point out the exact the location of leakage, which can be later properly plugged to make the home, well insulated. A leakage in the home saps energy out of the air conditioning system of the home and makes the equipment work longer to achieve the desired temperature. The result is, more load on the system which ultimately causes increase in maintenance and fuel bill for the occupant.

Delhi Residents Cheer About Third Floor Ruling

The Supreme Court has allowed an extra third floor in Delhis residential apartments. Are citizens heaving a sigh of relief and how will it impact the Delhis residential real estate market?

Delhis property market is estimated to have about 5 lakh residential plot owners and the Supreme Courts move is expected to impact at least 50 lakh Delhiites. According to MCD sources, plotted residences in the capital house over 40 lakh people and the construction of additional dwelling units would provide accommodation to an additional 10 lakh people.

The SC not only allowed construction of third-floor dwelling units but also allowed them to achieve the liberalised FAR (floor area ratio), offered under Master Plan 2021.

Network Marketing 7 Common Mistakes To Avoid When Building A Successful Home Based Business

If the network marketing business is so good then why 90 percent of the people see the opportunity but fail in it? The business idea of building a large organization is so simple yet not easy to accomplish.

In this article, we look at the 7 common mistakes to avoid when building a successful home based business.

1) I must find the Super Salesman / I must become the Super Salesman.
Many of us view the MLM business as a numbers game but a successful network marketing business builder looks at both quantity and quality of people. There is no doubt that sponsoring is the foundation of building a large organization. However, as concerned as we are about the numbers in our team, we would rather be sponsoring five teachers than five salesmen.

Get The Most Professional Advice From The Best Life Insurance Broker

Your options for buying Life Insurance can be very confusing. Are you looking for qualified, professional advice from a life insurance broker you can trust?

Technology has given us many ways to get life insurance in Canada. You can find products and insurance companies via the internet, or deal with bank-owned life insurance companies through a call center. What you really need to ask yourself is, Is the insurance advice Im getting unbiased and really tailored to my needs? This article will outline the pros and cons of buying life insurance through the various sales channels and where you can buy personalized and professional life insurance advice.

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