Here's some advice on how to include things like a sales forecast, expense budget, and cash-flow statement.
Robber baron industrialist Even before academic studies began, Americans were enthralled by the Robber baron debate. As the United States industrialized very rapidly after the Civil War, a few hundred prominent men made large fortunes by building and controlling major industries, such as railroads, shipping, steel, mining and banking.
Yet the newer who gathered the most attention was railroader Cornelius Vanderbilt. Historian Stephen Frazier argues that probably most Americans admired Vanderbilt; they agreed with biographer William Augustus Croffut who wrote in It is now known that the desire to own property is the chief difference between the Savage in the enlightened man; that aggregations of money in the hands of individuals are in inestimable blessing to Society, for without them there could be no public improvements or private enterprises, no railroads or steamships, or telegraphs; no cities, the leisure class, no schools, colleges, literature, art — in short, no civilization.
The one man to whom the community owes most is the capitalist, that the menu gives, but the man who saves and invests, so that his property reproduces and multiplies itself instead of being consumed.
A minority were irate and excoriated the titans of finance and industry as 'robber barons' and worse. Godkinfounder of The Nationlaunched a volley of invective at the new plutocracy: Biographies of Mellon, Carnegie and Rockefeller were often laced with moral censure, warning that 'tories of industry' were a threat to democracy and that parasitism, aristocratic pretension and tyranny have always trailed in the wake of concentrated wealth, whether accumulated dynastically or more impersonally by the faceless corporation.
This scholarship, and the cultural persuasion of which it was an expression, drew on a deeply rooted sensibility—partly religious, partly egalitarian and democratic—that stretched back to William Jennings Bryan, Andrew Jackson and Tom Paine.
Business historian Allan Nevins challenged this view of big businessmen by advocating the "Industrial Statesman" thesis. Nevins, in his John D. The Heroic Age of American Enterprise 2 vols.
He argued that while Rockefeller may have engaged in some unethical and illegal business practices, this should not overshadow his bringing order to industrial chaos of the day.
Gilded Age capitalists, according to Nevins, sought to impose order and stability on competitive business, and that their work made the United States the foremost economy by the 20th century. Nevins argued that economic development in the United States caused relatively little human suffering, while raising the general standard of living and making the United States the great industrial power capable of defeating Germany in both world wars.
The great capitalists of that period should, he argued, be viewed, not as 'robber barons', but as men whose economic self-interest had played an essentially positive role in American history, and who had done nothing criminal by the standards of their time.
Stiles, chronicling the lives and careers of such dominant figures as J. Pierpont MorganJohn D. RockefellerAndrew Carnegieand Cornelius Vanderbilt. Though these later biographers did not confer heroic status on their subjects, they used historical and biographical investigations to establish a more complex understanding of the American past, and the history of American economic development in particular.
In historian Hal Bridges finds that "The most vehement and persistent controversy in business history has been that waged by the critics and defenders of the 'robber baron' concept of the American businessman. Richard Whitehistorian of the transcontinental railroads, stated in he has no use for the concept, because it had been killed off by historians Robert Wiebe and Alfred Chandler.
He notes that "Much of the modern history of corporations is a reaction against the Robber Barons and fictions. He defined the field's subject matter and approach, wrote the first general treatise in the field, and helped Harvard build a tradition of scholarship as well as the leading library in the field.
He edited a series of monographs, the Harvard Studies in Business History. He also served as editor of the Bulletin of the Business Historical Society —a journal which later became the Business History Review date.
Grass and Henrietta M. Larson, Casebook in American business history defined the field for a generation. Scholars worked to develop theoretical explanations of the growth of business enterprise, the study of strategy and structure by Alfred Chandler being a prime example.
The relationship between business and the federal government became a focal point of study. On the whole, the s affirmed the conclusions of the earlier decades regarding the close interrelationship between government and business enterprise.
Chandler[ edit ] After the most influential scholar was Alfred D. Chandler at the Harvard Business School. In a career that spanned over sixty years, Chandler produced numerous groundbreaking monographs, articles, and reviews. Intensely focused on only a few areas of the discipline, Chandler nonetheless succeeded in establishing and developing an entirely new realm of business history.
The Managerial Revolution in American Business Boss: Before we make our business plan for the coming year, let's see how well we stayed on plan last year.
We ended up doing nothing that was in our plan, just like every year. Dilbert: Why do't' we skip it this year? Boss: It would be irrational to have no plan. Overall, the company history section of your business plan should give an interested investor a better idea of who you are, how this business idea came about, and a clear picture as to why you're the best person to pursue this market opportunity.
Leave no doubt in their minds that you're the right one for the job.
Oct 23, · How to Write a Business Plan [Updated for ] by: Just like you, they’re learning as they go and don’t have degrees in business. Writing a business plan may seem like a difficult hurdle, but it doesn’t have to be. Company history. If you are writing a business plan for an existing company, it’s appropriate to include a brief /5().
While a Business Plan may vary in how it is organized, LawDepot's Business Plan helps you list your business information clearly and concisely in the following sections: Structure: This refers to the legal arrangement of your company. History of the MOOT CORP ® Competition.
In the early eighties, two Texas MBA students, Steven A.
Mailman and Barbara Oppenheimer, were desiring a business school activity as challenging and prestigious as moot court in law school. Every business plan, big or small, should start out with an executive summary that details what the company hopes to accomplish, how it hopes to accomplish it, and why this business is .