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Five Years Business Plan For The Company: How To Write an Effective Business Plan.

Five Years Business Plan For The Company: How To Write an Effective Five Years Business Plan For Private Company. A Sample of The Five Years Business Plan for the Magic Touch Company with Infographic templates.

Table of Contents:

  1. What is five years business plan
  2. A Sample of The Five Years Business Plan for the Magic Touch Company
  3. Infographic Powerpoint Templates 100+ Free Download Link

Five Years Business Plan: 

A five years business plan represents a written statement of goal that the company plans to reach them within 5 years. It is a part of the mission and vision of the company. Five years plan is an inevitable portion of an effective company profile . It will assist to achieve the company’s vision in a dynamic way. Five years of a business plan not only make employees organized to perform their duties properly but persuade clients to keep faith in the company.

 

A Sample of The Five Years Business Plan for the Magic Touch Company

The magic touch company hereby has planed to achieve five goals following the next five years such as advertising in 2019, setting up another office in 2020, making more collaboration in 2021, associating with social work in 2022, and organizing international events in 2023.

Advertising in 2019

The magic touch has declared 2019 as the year of online marketing. Our company has taken all kinds of initiatives to achieve our common goal. Before, we had emphasized on both offline and online marketing. As our company declared 2019 as the year of online marketing, therefore, we are focusing on online marketing now. Our company, the magic touch has made an ideal plan and already implemented it. Now we are waiting to see the result of the campaign. We had chosen social media for online marketing to attract audiences. Social media especially Facebook has become one of the most famous media among youth. Hence, we used Facebook to target audiences as well as for our publicity. Finally, we have achieved our gratification through cumulative endeavors.

Setting up another office in 2020

According to the five years plan of the magic touch company, we are going to build a new office by 2020. This year is very important for decoration in our office because we are going to make some collaborations with the new organizations by 2021. Hence, we have to set up a new office near University Putra Malaysia. We are expecting that an agreement is going to be signed with University Putra Malaysia by 2021. Already our company fixed the location where our new office will be set up and it is near to Mines Resorts. The exact location of our new office is at South City Plaza. The magic touch company determines to complete decoration prior to 2021.

Making more collaboration in 2021

As it has mentioned that we are going to make a bilateral agreement between the magic touch and University Putra Malaysia by 2021. So, we will make collaboration with more organizations. It is estimated that our company will make more than 20 collaborations with different companies. On behalf of the magic touch a popular event management company in Malaysia, we believe in maintaining healthy relationships with all of our clients.

Associating with social work in 2022

Every year our company higher level authority sits together for further discussion about company mission and vision. Our company is very liberal to maintain the rules and laws of the county. We never intend to breach any rules and regulations. For helping the unprivileged people, our company is coming up with helping hands to conscious mass people about health. We are expecting to organize a health camp to arouse hatred to spread plastic bottles everywhere. We believe doing little things can make a big difference. It is estimated that more than 8 million tons of plastic are dumped into our oceans every year. This campaign can reduce a million of plastics dumped in the ocean and save the world.

Organizing international events in 2023

According to our five years business plan, we set our international goal to organize worldwide events beyond Malaysia. In 2023, the magic touch is planning to organize an international event in Singapore, Thailand, Indonesia, Bangladesh, and so on. The magic touch possesses all kinds of resources to manage an international event. Based on our employee’s confidence and resources, the magic touch firmly believes that it will achieve the common goal.

A Sample of The Five Years Business Plan for the Magic Touch Company

Five Years Business Plan For The Company: How To Write an Effective Five Years Business Plan For Private Company

Infographic Powerpoint Templates 100+ Free Download Link:

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Business Growth and Company Development Timeline: Definition and Sample

Business Growth and Company Development Timeline: Definition and a sample of business growth and development timeline. Free Download Link 100+ Infographic Editable and Professional Microsoft PowerPoint templates.

Business Growth:

Business growth is a life cycle of a company development from starting to present condition. It also implies the development timeline of the company’s business. It keeps records of all the achievements of the company. The business development timeline reminds employees regarding the long progressive history of the company. The company or business growth timeline keeps written notes of the company’s growth. Business growth or company growing timeline becomes a popular element of company profile that signifies an essential factor of the business. It is almost impossible to run a business properly without a company profile as well as a business growth timeline.

A sample of business growth and development timeline

This a sample of the magic touch an event management company that started the journey in 2014 in Malaysia. First of all, we are going to present a description of the business growth from 2014 to 2019. As the company started its journey from 2014 and it is running smoothly. In addition to that, we will expose an infographic template that represents the whole growing history of the company.

 

Business Growth and Company Development Timeline: Definition and Sample

Business Growth:

The magic touch company started its journey in 2014 with small capital and resources. It started with a charming slogan, for instance, your dream, we make it. The mission and vision of the company is very attractive that helped this company to earn popularity. The mission is “to make your occasion magical beyond unique”. In addition, the vision is “to be on top in creating magical and memorable event”. After one year, the company set up its own office at Sunway in 2015. The exact location of the office is Jalan lagoon Timur 9/1, Bandar Sunway, 47500, Bandar Sunway, Selangor. TMT implies the abbreviation of the company’s full name, for example, the magic touch(TMT).

From the commencing in 2018, the authority of the company decided to emphasize on advertising and marketing. It started the advertising campaign to earn more popularity within a short time. Although TMT got huge popularity within a short period of time through offline and online marketing. We selected social media for online marketing and it accelerated targeting the audiences. We got huge clients through social media marketing policy.

Now is 2019, It is safe to say that the magic touch has become one of the most popular event management company in Malaysia. Firstly, the magic touch company has enough human resources to operate the company smoothly. For example, more than 20 employees are working for serving clients. In addition, TMT acquired client’s satisfaction with enormous material and intangible resources.  The magic touch managed to achieve business growth by revenue of the business with great service income. Above all else, TMT applied some common growth strategies in business include product expansion, market penetration, market expansion, and diversification.

Infographic Powerpoint Templates 100+ Free Download Link:

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Symbolic Convergence Theory: History, Description, Structure, & Example

Symbolic Convergence Theory: History, Description, Structure, & Example. Examples of Symbolic such as Code Words, Phrases, Slogans, and Gestures.

Table of contents:

  1. What is Symbolic Convergence Theory?
  2. History of the Symbolic Convergence Theory?
  3. Description of Symbolic Convergence Theory.
  4. History, and Example 

1. What is Symbolic Convergence Theory?

According to Symbolic Convergence Theory,  People share common fantasies and visions and these collections of individuals are merged into a cohesive group. SCT presents an explanation for the appearance of a group’s cohesiveness, consisting of shared emotions, motives, and meanings. Symbolic Convergence Theory consists of three words such as symbolic, convergence, and theory. Group members cooperatively create and sustain a shared consciousness including shared meaning through interaction.

1.1 What is Symbolic?

Symbolic is serving as a symbol that represents or expresses something else such as an idea, an action, quality without using words such as Code Words, Phrases, Slogans, and Gestures.

Example of Symbolic:

Code Words: What does FF: AC stands for?

FF: AC stands for “Final Fantasy: Advent Children”. Final Fantasy VII: Advent Children is a 2005 Japanese computer-animated science fantasy action drama film.

For example,  K.L = Kuala Lumpur, K.G= Kilogram, A.C= Air Conditioner

Phrases: Friday becomes a cool, wet afternoon.

Slogans: Think different is an advertising slogan used from 1997 to 2002 by Apple Computer, Inc.

Gestures: The common thumb up sign represents something approved and accepted.

Symbolic Convergence Theory (SCT)- Code Words Phrases Slogans Gestures

1.2 What is Convergence?

Convergence means forming a new unified whole or evolving into one through coming together two or more things. Convergence comes from the prefix con- and verb verge. Here, prefix con means together, and the verb verge, that means to turn toward. We can use convergence to explain things that are in the process of coming together, like the slow convergence of your opinions with those of your mother, or for things that have already come together. For example, a crowd of mass people all move together into a group.

1.3 What is Theory?

Theory is a set of principles on which the practice of an activity is based. It is a formal concept or set of ideas that is aimed to explain something. For example, the Tw0-step flow of communication theory, Groupthink Muted Group Theory, SOCIAL IDENTITY THEORY,  Tubb’s Theory- Small Group Communication, and so on.

Symbolic convergence: When 2 or more private symbol worlds incline toward each other, come closer, or overlap, it is called a symbolic convergence. 

2. History of the Symbolic Convergence Theory?

Ernest Bormann established Symbolic Convergence Theory in 1972. SCT was first proposed by Ernest Bormann in the Quarterly Journal of Speech in 1972. Bormann and his colleagues at the University of Minnesota introduced SCT as a framework for discovering, describing, and explaining the dynamic process by which humans come to share symbolic reality.

SCT is a communication-related theory introduced by Ernest Bormann who is a Professor at the University of Minnesota in the United States. American communication theorist best known as the originator of symbolic convergence theory (SCT) and its attendant method, fantasy theme analysis, which both explore how the sharing of narratives or “fantasies” can create and sustain group consciousness.  He argued that group consciousness can occur at any level of communication, from within small groups to mass media. Thus, he identified symbolic convergence as a general theory of communication.

3. Description of Symbolic Convergence Theory

Symbolic Convergence Theory offers an elucidation for the appearance of a group’s cohesiveness, consisting of shared emotions, motives, and meanings. Through SCT, members of the group can build a community or a group consciousness which grows stronger if they share a cluster of fantasy themes. Although this theory allows theorists and practitioners to anticipate or predict what did happen and what will happen but it does not allow for control of human communication.

It attempts to explain how communication can create and sustain group consciousness through the sharing of narratives or fantasies. To foster this cohesiveness, dramatizing or using fantasy stories are significant types of communication involved in SCT. SCT explains that meanings, emotions, values, and motives for action are in the communication contexts by people trying to make sense out of a common experience. It is a process through which collectives create and share a consciousness and develop a common symbolic reality.

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