Tuesday, February 19, 2013

Private Administration

Private Administration is that kind of administration which is perform and done in private sectors. It is used to control, direct, coordinate, supervise on the performances done by the staff in private company. It is use to gain the profits and all the administrative activities done to fulfill the private goal and objectives in the business organization. Private Administration is also the part of public administration. In the country, the government may delegate certain powers to the private organizations. They may perform the activities according to the policies of government. The private administration also plays vital roles in the country for developing the administrative management skills. Administration is the heart of the organization which circulates the blood.

How To make Business Plan

The businessman should try to prepare the format of business plan. The effective businessman should arrange the business plan for being success any kind of business. The business plan may include the following elements:

Business Plan Title
• Executive Summary
Objectives
Mission/Goals
Contents
• Company Summary
Company Ownership
location of the companey
• Start-up Summary
Start-Up Costs
Funding Investment
Sources of funds
• Products and Services
Services
Service Description
Future Services
Products
Product description
Future Products
• Market Analysis Summary
Market Segmentation
Target Market
Market Trends
Service Business Analysis
Competition/Competitors
Buying Patterns
• Strategy and Implementation Summary
Marketing Strategy
Pricing Strategy
Promotion Strategy
Business Competitive Edge
Web Strategy
Sales Strategy
• Management Summary
Management Team
Organizational Structure
Personnel Plan
Human Resource planning
• Financial Plan
Break Even Analysis
Profit and Loss
Cash Flow
Appendix