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Computer manufacturers, software manufacturers, telecommunication services, office supply retailers, automobile manufacturers, national economic development organizations, credit card companies, transportation and delivery services, banks, national law firms, insurance firms, and accounting firms all rely on new and existing businesses and therefore may see the benefit in advertising on our training software.Please refer to Appendix # 8 for a listing of potential advertisers.
Sample Business Plans Most aspiring entrepreneurs have never developed or even seen a business plan in its entirety.
As a result, many of these individuals seek-out sample business plans to help them in creating their own.
This initiative will require five typists for a five month period.
The typed material would than be transformed into a computer software format.
Selling Advertising Space J&B's initial software product as well as future training products can be used as an adverting media for various organizations, businesses and financial institutions.
For instance, a national office equipment manufacturer such as "Canon" may buy advertising space from J&B.A new market, however, might include Internet users.Here participants could pay a nominal fee to compete with others for monthly prizes (office supplies, office equipment and cash).As a result, J&B plans to research and develop software that will automatically construct a new or expanding businesses' forecasted income statement, balance sheet, cash flow statement, ratios, and break-even point.Individuals would simply fill in an "assumptions section" and their computer would automatically develop the above forecasted statements and analysis.Forecasting Financial Statements Software Many people find forecasting financial statements a tedious and difficult task.Although, the Company's initial product provides users with detailed training on how to construct forecasted financial statements, it does not, however, alleviate the excessive time required in developing such statements.A computer compares each company's decision sheet and produces an "output sheet" indicating each company's financial position.Most existing business simulators are purchased by universities and colleges to assist in training their Commerce Students.These funds will be used for such things as; training, market testing of new products, attending conferences, seminars and trade shows, purchases of resource material, market research, hiring additional casual laborers, and product testing.The remaining topics to be addressed under this section include: In total, J&B is investing a total of 6,299 in Research and Development over its three year forecasted period.