Tag: USA

Take a leap forward in China and head toward the market instead of its mighty walls what today’s offshore import and export China business enthusiasts do. Follow the footsteps of leaders to discover the enormous business opportunities lies in China’s import and export industry. Already small and mid sized import and export companies from various parts of the world are keen on venturing China business and global sourcing. Numerous legendary companies of US like United Technologies, GE, Motorola, DuPont etc., have established deep penetration in China market. As per an estimation taken in 1992, 3,100 small and medium scale import and export companies have landed in China and later the number rose to more than 20,000. From manufacturing to exporting and servicing, China business opportunities are burgeoning and attracting all size of import and export businesses from the rest of the world. Over the last decade, number of US import and export companies taken up China business has raised at an astronomical rate more than five times faster than other parts of the world.

-Scope of China Business Broad Market Range and Manufacturing Potential

Attractive China business opportunities are growing and the growth is spanning through diverse industries. The growth is already evident in a series of industries, like medical, construction, energy exporting China business, telecommunications, agribusiness, machine tools, security and recreational products and service market, infrastructure etc. These are just to name a few of the vast import and export market where overseas China business owners are venturing in.

-China Business Partnership of Us Companies

China and Hong Kong together has become the third largest export partner of USA Canada and Mexico have taken the first and second position. China continues encouraging US based import and export companies to venture and fortify greater business partnership. To generate further enthusiasm amongst more US business owners, Hu Jintao, the president of China, sent two hundred Chinese executives for a buying tour to US. US companies’ trade offices being located in China and fostered by China speak how US companies are deepening their penetration in China business and import and export industry.

-Haven for Import and Export Companies and Investors

Besides immense potential found in import and export China business, China has become the heaven for overseas investors. USA companies alone have invested over three billion dollars annually, making China the third largest investing area in the world. China is yielding sumptuous returns on investment, also profits at an expected ratio to the overseas investors. US companies are reaping myriad benefits by investing in manufacturing China business. The list of benefits includes competitive labour resources in China, incentives on investment and extensive local markets of China.

-Investment in Locally Manufactured and Imported Products in China

China now allows foreign firms to invest in China’s locally manufactured products as well as to support in products brought through global sourcing. Small and medium sized companies can secure huge benefits for trading different types of China business ventures in locally manufactured products, imported goods and import and export of both locally manufactured and goods accessed through global sourcing in China.

The restaurant industry is among the most lucrative businesses in the USA. In the year 2012, the overall revenue from all over the country was over 600 billion dollars! So you can imagine how profitable this business is. But you also need to realize that no business will bear fruits for you if they are not based on a sound plan, in this case a flawless business plan restaurant.

Young graduates just out of college and universities try their luck in this business. With the business plan writing companies charging a hefty amount for a customized plan, most students start to write a business plan restaurant themselves. If you are also one of them, be sure not to commit these blunders otherwise your plan will bear the look of an unprofessional one and can be out-rightly rejected in the worst case.

Preclude Yourself from Using Informal Vocabulary

A business plan can make or break your prospects of starting a lucrative business. Bu before that you have to make sure the business plan is written in a way that it is acceptable for the top management of an investment firm or the loan officer at a bank. You should shy away using words which are considered informal as your friends might like your plan very much but in the view of an investor it wont count much because of informal wording and casual style of writing.

Give Appropriate Reasoning

If you are mentioning that based on the plan, your business will make sales of over a million dollars, you should complement it with proper reasoning that exactly how will you reach that goal, what facilities and services will you offer that the customers will come back to our restaurant so that your sales will increase manifold, all within a single year.

Make a Short but Sweet Plan

Dont try to over stuff your business plan restaurant with irrelevant details, snazzy graphics and charts. In the end all that matters is a concise plan that describes how you are going to be successful in your business and what features you offer to woo your customers. You will get the grant or loan only if your plan conveys the right message in minimum space.

Your Target Market

You should explicitly define the target market in your business plan because you cannot count the whole city in as your customers. Well, everyone wants it to be and that is the ideal situation but reality is it cant be done. So you should describe the demographics and age group properly in your plan to get the investors approval.