How to Use Narrative Essay Samples For 7th Grade

<h1>How to Use Narrative Essay Samples For seventh Grade</h1><p>It is significant that you locate the best narrating and correspondence that you can utilize an assortment of story exposition tests for seventh grade. By utilizing one that is appropriate to your own style, you will have the option to improve the adequacy of your text.</p><p></p><p>The first choice you can utilize is a model paper test that will give you how you can utilize your story inside your article. By essentially perusing this piece you will have the option to perceive how it is finished. When you have perused this exposition, you would then be able to make sense of what you will compose just as how you are going to structure your own essay.</p><p></p><p>The subsequent choice you can utilize is a plot diagram that will tell you the best way to build up your own plot for your account paper. By perceiving how the book or content is composed, you will have the option to make changes in accordance with it. When you have rolled out the improvements important to make it right, you would then be able to follow this outline.</p><p></p><p>The third alternative you can utilize is a human life structures of the scene in the book or film. By perusing the characters depictions in the book or film, you will have the option to perceive how they move and talk. By doing this you will have the option to comprehend the characters that you will compose about.</p><p></p><p>The fourth alternative you can utilize is an anecdotal character that speaks to the individuals or gathering you are expounding on. By setting aside the effort to locate this anecdotal character, you will have the option to make your character conceivable. This can cause your character to appear to be progressively credible, which is urgent recorded as a hard copy a decent work of fiction.</p><p></p><p>The fifth choice you can utilize is an expected set of responsibilities. By utilizing this kind of exposition you will have the option to give the peruser a gander at how much time you will go through with your character. By indicating how much time they are spending in your book or film, you will have the option to improve the nature of your work.</p><p></p><p>By consolidating these diverse exposition models you will have the option to improve your composition with each new piece. By tailing one specifically, you will have the option to put the other four to use.</p>

Majestic Wine PLC - Report on Business Performance - Free Essay Example

Majestic Wine PLC, Report on Business Performance Executive Summary Majestic Wine Plc. opened its original wine warehouse in 1980. This Wood Green, North London warehouse merged in 1991 with Wizard Wine, which, at that time belonged to Iceland, the frozen food group, (Sunday Times, 2010, p1). Majestic Wine was listed on the Alternative Investment Market in 1996. It acquired Lay Wheeler In 2009, a specialist in Burgundy and Bordeaux products (Sunday Times, 2010, p1). The retailing of wines, beers and spirits is its principal business activity (Majestic Group, 2009, p1). This business report analyses the group performance for two financial years, to 29th. March, 2010. It recommends, on the basis of appropriate performance ratios, (detailed in Appendices 1 à ¢Ã¢â€š ¬Ã¢â‚¬Å" 4), that shareholders should buy more shares. Shareholders should augment their investment significantly if the group management shows an aggressive and focused plan for achievement of its objective of retailing from 250 stores, along with the deployment of a more aggressive capital gearing ratio and sharper operations management. 1. Introduction Majestic has grown more than 12 fold from 1985, when it had only 12 shops, to 152 shops in 2010. It aims to expand its shop strength to 250 during the coming decade (Sunday Times, 2010, p1). Its sales are at a 10 year high, a result of the discarding of its policy of retailing only 12-bottle cases. Off-licences, (establishments selling alcohol for consumption off the premises), could in the 1980s operate only for a few hours every day, and even fewer over weekends. Warehouses circumvented this rule by posturing as wholesalers, thus compelling their customers to buy bulk 12-bottle cases (Goodway, 2010, p1). Steven Lewis, the feisty CEO of Majestic, tested and subsequently rolled out, from November 2009, a model allowing customers to buy lots of 6 bottles at a time (Goodway, 2010, p1). The policy was instrumental in increasing the number of customers by 54000 to 472000 in the course of a year (LSE, 2010, p1). The objective of this Business Report is to recommend to the sha reholders of Majestic Wine PLC on augmentation or reduction of their investment in the company. 2. Analysis 2.1. Group Operations The detailed computations in respect of the following ratios, relating to profitability, short-term liquidity and working capital, and long-term solvency are detailed in Appendix 1 3. Profitability Ratios Appendix 1: (LSE, 2010) Year 2010 2009 (1) Gross Profit Ratio 21.3% 20.6% (2) Net Profit Ratio 4.8% 1.6% (3) Return on Investment (ROI) 21.0% 6.9% Short Term Liquidity Working Capital Ratios Appendix 2: (LSE, 2010) Year 2010 2009 (1) Liquidity of Receivables Days 18 21 (2) Liquidity of Payables Days 99 113 (3) Current Ratio 0.99 0.94 (4) Acid-Test/Quick Ratio 0.30 0.27 (5) Cash Ratio 0.090 0.061 Long Term Solvency Ratios Appendix 3: (LSE, 2010). Year 2010 2009 (1) Debt Equity Ratio 0.15 0.18 (2) Capital Gearing Ratio 0.13 0.15 (3) Interest Cover Ratio 35.6 34.6 The profitability ratios of the company reflect a marked improvement in terms of revenues, cost of sales and ROI. Most organisations opt to keep their debt low and cut their debt at the earliest (Jablonsky Barsky, 2001). Whilst such inclinations arise from the need to be conventional and secure in business, excessive eagerness to diminish debt frequently leads to poor utilisation of obtainable debt, higher costs and uneconomical capital gearing (Jablonsky Barsky, 2001, p 7-15). The long-term debts ratios reflect under capitalisation. The low gearing ratio reflects risk adverse tendencies, which can lead to slow growth in future. The practically unchanged working capital ratios reflect the maintenance of sub-optimal liquidity levels. The weak acid-test ratio can lead to a difficult situation if the need for liquidity arises on account of contingencies that need to be swiftly addressed. 2.2. Group Performance The group turnover for the 52 week period ending 29th March, 2010 at  £33.2m was up 15.6 percent, with the profit before tax at  £16.0m rocketing by an incredible 117 percent (LSE, 2010, p1). Appendix 4 summarises the group performance, as reported in the Preliminary Results for 2010. The Group has experienced strong cash generation during 2010, with operational cash-flows of  £21.2m during the year. This figure is  £5.7m more than the  £15.5m generated during the previous year, and has essentially come about from the improvement in the underlying profit before tax during 2010. The Distribution and Administrative Costs have increased by 15.6 percent during 2009-10 as compared to the previous year. The EBIT (Earnings before finance costs and taxation) rose by 118.3 percent during the same period. The Profit before Taxation (PBT) grew sharply from  £7.4m to  £16.0m during 2009-10 year, registering an increase of 117 percent. The sales to private customers, which make up the mainstay of the business, have shored up well, even though sales to corporate customers has been unsatisfactory. The companys French operations have been hurt by a stronger Euro (Majestic Group, 2009, p1). This contributed to an exceptional non-cash charge of  £5.33m in 2009, which arose from the writing-down of the carrying value of the companys French retailing operations, Wine and Beer World (Majestic Group, 2009, p1). The companys purchase policy of reducing the minimum purchase of 12 bottles to 6 has led to excellent results, even as it needs to be recognised that it may be difficult to replicate this years soaring profits next year, because of the challenges involved in manoeuvring even more supermarket customers through its shop entrances (ODoherty Kuchler, 2010, p1). Majestic is nevertheless working towards seizing mid-market space with a number of value-adding schemes like developing sales to gastro pub s, increasing its wine-tasting programmes, and growing its fine wines business (ODoherty Kuchler, 2010, p1). Majestics market share at 3.4% leaves abundant room for growth (ODoherty Kuchler, 2010, p1). Its share is trading at approximately 14 times its forecast earnings for 2011, higher than the average of its peer retailers, which are trading at an average of 12 to 13 times. Majestic, ODoherty Kuchler, (2010, p1) feel merits the premium and some more. The companys results are remarkable, considering that the underlying profit growth of 26 percent in 2010 has been achieved after accounting for the reduction of  £5.3m in the carrying value of the French operations (Hemming, 2010, p1). The business is well positioned to capitalise on its core strengths as the economic environment starts improving (Majestic Group, 2009, p1). The companys acquisition of Lay and Wheelers fine wine business in 2009 has contributed  £12.4m to 2010 sales (LSE, 2010, p1). It is to the credit of the group that the total dividend for the year has been raised by 5.1 percent, to 10.3p per share, against last years 9.8p, despite continuing market pressures (LSE, 2010, p1). The underlying basic earnings per share (EPS) for 2010 at 18.4p were 31.4% higher than the 2009s 14.0p. The underlying diluted EPS for the same period at 18.3p rose 30.7% against the previous years figure of 14.0p. The basic EPS for 2010 at 18.4p was 247.2% more than the 2009s 5.3p. The diluted EPS for 2010 at 18.3p was 245.3% more than the 5.3p achieved in 2009 (LSE, 2010, p1). The average transaction expenditure at  £129 for 2010 is 4 percent lower than 2009, despite a growth of 14.6 percent to 1.7m in transaction numbers (LSE, 2010, p1). The UK like-for-like sales for the 10 week period from 30th.March, 2010 to 7th.June, 2010 rose 7.3 percent (LSE, 2010, p1). The company is expected to improve its sales in future. The retailers professional credentials and good service levels have produced considerable loyalty amongst its patrons, which will be of assistance in the present economic climate. Majestic will also probably not be impacted by the recommended changes to alcohol pricing as its focus is more on the superiority of its offering than on its price (TradingMarkets.com, 2010, p1). It is recommended that shareholders should steadily increase their investments. Larger positions should be taken if the group management shows persistent and aggressive efforts to achieve its growth target of 250 sites within a decade and change its conservative capital gearing. The company however needs to address its short term liquidity in order to be ready for short-term contingencies. 2.3. Mission Statement An exhaustive search of corporate information on the company reveals that Majestic does not have a well-defined official mission statement. The company nevertheless aims to continually increase its retail outlets and open more than 250 in the coming 10 years. The company also strives to provide high quality wine and excellent service to its customers. The achievement of these objectives can be considered to be its mission. The companys strategy focuses on increasing retail outlets and providing excellent value across product and price ranges and extraordinary customer service (Majestic Group, 2009, p1). The companys commitment to its mission is demonstrated by the steady increase in the number of retail outlets over the years and the numerous quality and performance awards it has won in a competitive scenario. The company has increased the number of outlets from 12 to 150 in the last 15 years. It was awarded the High Street Chain of the Year, in 2008, by the International W ine Challenge Awards. The Group was also awarded The Specialist Wine Chain of the Year by Decanter magazine in 2008 (Majestic Group, 2010, p1). The companys strength in customer services emanates from its policy of recruiting and retaining high quality graduate level staff, its continual investment in comprehensive training programmes, (widely accredited as best in the wine industry), and its focus on customer service, product knowledge and management (Majestic Group, 2010, p1). Majestic augments its specialist credentials by focusing on staff training. New staff members are encouraged to obtain the Wine and Spirits Education Trusts (WSET) Advanced Certificate in six months. Several employees train further. Approximately 150 staff members presently have, or are qualifying for the WSET Diploma, even as 7 of Majestics personnel received Excellence Awards from WSET in January 2010 (TradingMarkets.com, 2010, p1). Majestic distinguishes itself from its competitors is by cul tivating strong customer relationships (TradingMarkets.com, 2010, p1). The company hosts numerous events, like wine tastings, and courses to enhance customer knowledge of wine (TradingMarkets.com, 2010, p1). Such approaches, combined with high service levels, have facilitated the retailer in trading its clientele up the value chain (TradingMarkets.com, 2010, p1). Majestic aims to enhance its fine wine credentials by putting up fine wine display sections in all its stores in the next two years. Approximately around 50 percent of its present stores have such sections (TradingMarkets.com, 2010, p1). 2.4. Environmental Policies Official communication by Majestic is noticeably silent on its environmental policies. Study of information available on the companys marketing strategy however reveals that the company is actively committed to a sustainable environmental policy of following green policies in its marketing operations (PRLog, 2010, p1). The company stocks a carefully grown assortment of red and white organic wines. Such wines are created from organically produced grapes, developed to ensure taste and value for money, and are suitable for vegans and vegetarians (PRLog, 2010, p1). Majestics online marketing manager, Jamie McRonald explains that organic wine production is difficult and expensive since grapes are vulnerable to weather and animals. Such constraints make farmers disinclined to organic grape production (PRLog, 2010, p1). Organic wine is the ultimate part of the organic riddle, with fungicide and pesticide-free grapes maturing slowly on sun-soaked vineyards sans chemical safety, intervention or stimulation (PRLog, 2010). Whilst organic wines are by and large rarely stocked by the bulk of wine retailers because of their higher costs, Majestic actively stocks and sells organic wines. Such support will encourage farmers to take up organic farming and grow grapes without the use of environmentally damaging chemical fertilisers and pesticides. The company locates its stores off High Streets. Whilst this decision stems from its policy of keeping rentals low, it helps in reducing petrol expensive traffic jams in busy shopping areas. Majestic should however aggressively adopt and publicise environment friendly policies because of its influential position in the supply chain. A relevant area of focus could be the collection, reprocessing and disposal of recyclable waste material. 2.5. Competitor Analysis: Strengths and Weaknesses The retail wine market in the UK is intensely competitive; it is highly fragmented and basically serviced by supermarkets and off-license retailers (Management Today, 2007, p1). Majestic thus faces competition from other off-license retailers and supermarkets. Supermarkets have over the years continuously increased their share of the wine market (Management Today, 2007, p1). Led by Tescos and ASDA-Walmart, supermarkets are increasing their sales of wines at the cost of off-license establishments, whose numbers fell from 5430 to 4400 between 2004 and 2009 (Management Today, 2007, p1). The recent winding up of the off-licence chain First Quench, a direct outcome of intense competition from supermarkets, led to the loss of 6000 jobs (Management Today, 2007, p1). Whilst Majestic competes with supermarkets and off-licence chains and shops, its major competition obviously arises from supermarkets like Tesco, ASDA, Sainsburys and Waitrose (How, 2006, p1). This competitive analysi s of strengths and weaknesses treats supermarkets as one generic form of competition, even though there could be differences in the strategies, capabilities and weaknesses of individual supermarket chains (How, 2006, p1). The national supermarket chains provide formidable competition to majestic wines. Their physical spread is immense and they are present in all High Streets, as well as in smaller towns and in rural settlements (Management Today, 2007, p1). They stock a huge variety of foods and household items as well as wines and attract far more footfalls than specialised wine retailers like Majestic. Such larger numbers of footfalls translate into greater sales because people tend to club food and wine purchases (Management Today, 2007, p1). Supermarkets are also by and large better located and many of them have substantial parking facilities, which help in attracting customers. Supermarkets also have the advantage of lower overheads, very substantial buying and stockin g capacity, and bargaining power over suppliers. This enables them to offer better prices and work with lower margins (Management Today, 2007, p1). Whilst supermarkets have much strength, it needs to be recognised that wines are only one of their many products and management attention towards selling of wines in supermarkets is far more diluted than in Majestic, a company which literally breathes and lives wine. The difference in attention and commitment thus leads to comparatively lesser market aggression and customer service. Supermarket employees are certainly less conversant with wines than those of Majestic. It is also possible that the smaller supermarket outlets may not have all customer wine preferences. Majestic is dedicated to the retailing of wines. The companys strength arises from its very substantial management and staff capabilities in the sourcing, stocking and retailing of wines (TradingMarkets.com, 2010, p1). The companys employees are extensively trained in different aspects of wine retailing, and it strives to stock an extensive range of wines, including those made from organically grown grapes (PRLog, 2010, p1). The company however suffers, in comparison to supermarkets, from fewer and unfavourably placed outlets, higher overheads, and lesser footfalls (ODoherty Kuchler, 2010, p1). The company counters this by locating its outlets off High Streets and uses its financial strength to buy wisely and extensively (ODoherty Kuchler, 2010, p1). It delivers at home and engages in numerous customer friendly activities to build customer loyalty (ODoherty Kuchler, 2010, p1). References Comiskey, E. E., Mulford, C. W., 2000. Guide to financial reporting and analysis, New York: John Wiley Sons. Davey, J., 2009, Majestic Wine first-half profit up 9 pct, news.stv.tv, Available at: news.stv.tv//137498-majestic-wine-firsthalf-profit-up-9-pct/ United Kingdom (accessed July 03, 2010). Goodway, N., 2010. Majestic Wines simple strategy tramples on supermarkets, London Evening Standard, Available at: https://www.thisislondon.co.uk/markets/article-23846082-majestic-wines-simple-strategy-tramples-on-supermarkets.do (accessed July 01, 2010). Greenwise, 2010. Lightweight bottle helps wine industry cut CO2 and waste, Greenwise Staff, Available at: https://www.greenwisebusiness.co.uk/news/lightweight-bottle-helps-wine-industry-cut-co2-and-waste-1453.aspx (accessed July 01, 2010). Hall, J., 2010. Tax rises drive wine makers out of UK, Telegraph.Co.uk, Available at: https://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/7488682/Tax-rises-drive-wine-makers -out-of-UK.html (accessed July 01, 2010). Hemming, R., 2010. Majestic Wine profits skyrocket, JancisRobinson.com, Available at: https://www.jancisrobinson.com/articles/a201006143.html (accessed July 01, 2010). Hoovers.com, 2010. Company Description Majestic Wine PLC, Hoovers Inc, Available at: https://www.hoovers.com/company/Majestic_Wine_PLC/rtftxci-1.html (accessed July 01, 2010). How, T., 2006, Majestic Wines: Tim How, www.growingbusiness.co.uk, Available at: www.growingbusiness.co.uk à ¢Ã¢â€š ¬Ã‚ º à ¢Ã¢â€š ¬Ã‚ º Success Stories (accessed July 03, 2010). Jablonsky, S. F., Barsky, N. P., 2001, The Managers Guide to Financial Statement Analysis (2nd ed.). New York: John Wiley Sons. LSE, 2010. Preliminary Results, Regulatory Story, RNS London Stock Exchange plc, Available at : https://www.londonstockexchange.com/exchange/prices-and-news/news/market-news/market-news-detail.html?announcementId=10530622 (accessed July 01, 2010). Majestic Group, 2009. Annual Report and Acco unts 2009, Majestic Wine PLC, Available at: https://maj-cms.snowvalley.com/upload/pdfs/Investors/results2009.pdf (accessed July 01, 2010). Management Today, 2007, The death of the off-licence, Available at: www.managementtoday.co.uk/news/978758/the-death-off-licence/(accessed July 03, 2010). ODoherty, J. Kuchler, H., 2010. Majestic Wine benefits from new approach, The Financial Times Ltd. FT.com, Available at: https://www.ft.com/cms/s/0/ca12d6a8-777d-11df-802a-00144feabdc0.html (accessed July 01, 2010). PRLog, 2010. Have You Tasted Our Simply Sublime Organic Wines? PRLog.com, Available at: https://www.prlog.org/10513815-have-you-tasted-our-simply-sublime-organic-wines.html (accessed July 02, 2010). Robinson, J., 2010. When a bottle is better than a case, The Financial Times, June 12, 2010, Available at: https://www.ft.com/cms/s/2/925f00f0-74e0-11df-aed7-00144feabdc0.html (accessed July 01, 2010). Robinson, J., 2007, Britains independent wine merchants mushroom, Avail able at: www.jancisrobinson.com à ¢Ã¢â€š ¬Ã‚ º Free for all (accessed July 03, 2010). Siciliano, G., 2003. Finance for the non-financial manager, New York: McGraw-Hill. Starups, 2010, Off-licence, Available at: www.startups.co.uk à ¢Ã¢â€š ¬Ã‚ º à ¢Ã¢â€š ¬Ã‚ º Business buyer guides(accessed July 03, 2010). The Sunday Times, 2010. Briefing: Majestic Wine, The Sunday Times, Times Newspapers Ltd., June 13, 2010, Available at: business.timesonline.co.uk/tol/business/industry/article7148907.ece (accessed July 01, 2010). TradingMarkets.com, 2010. Majestic Wine results reveal vintage year, TradingMarkets.com, Available at : https://www.tradingmarkets.com/news/stock-alert/mjwnf_majestic-wine-results-reveal-vintage-year-982636.html (accessed July 01, 2010). Wilson, A., 2010. Majestic Wine sales havent lost their fizz, Telegraph.co.uk, Available at: https://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/7734138/Majestic-Wine-sales-havent-lost-their-fizz.html (ac cessed July 01, 2010). Appendices Appendix 1: Profitability Ratios (LSE, 2010) Year 2010 2009 Sales  £000 233220 201794 Cost of Sales  £000 183528 160148 Gross Profit Margin  £000 49,692 41,646 (1) Gross Profit Ratio Gross Profit Margin/Sales 21.3% 20.6% Profit after Taxation  £000 11280 3,262 (2) Net Profit Ratio Net Profit /Sales 4.8% 1.6% Net Worth  £000 53,648 47,616 (3) Return on Investment (ROI) Profit after Tax/Net Worth 21.0% 6.9% Appendix 2: Short Term Liquidity Working Capital Ratios (LSE, 2010) Year 2010 2009 Current Assets Inventories  £000 38511 37752 Trade Other Receivables  £000 11594 11531 Financial Instruments at Fair Value  £000 233 834 Cash and Cash Equivalents  £000 4774 2572 55,112 52,689 Current Liabilities Trade Other Payables  £000 49778 49724 Bank Overdraft  £000 2453 3950 Current Tax Liabilities  £000 2461 1515 Other Current Liabilities  £000 1079 899 55,771 56,088 (1) Liquidity of Receivables Days Accounts Receivables * 18 21 Days in year / Annual Sales (2) Liquidity of Payables Days Accounts Payables * 99 113 Days in year / Cost of Sales (3) Current Ratio Current Assets/Current Liabilities 0.99 0.94 (4) Acid-Test/Quick Ratio Current Assets less Inventories / Current Liabilities 0.30 0.27 (5) Cash Ratio Cash + Marketable Securities / Current Liabilities 0.090 0.061 Appendix 3: Long Term Solvency Ratios (LSE, 2010) Year 2010 2009 Long Term Debt  £000 7810 8495 Shareholders Funds  £000 53648 47616 LT Debt + Shareholders Funds  £000 61,458 56,111 (1) Debt Equity Ratio Total Debt / Shareholders Funds 0.15 0.18 (2) Capital Gearing Ratio L.T. Borrowing / (L.T. Borrowing + Shareholders Funds 0.13 0.15 Earnings Before Interest Tax (EBIT)  £000 16466 7542 Interest Costs  £000 462 218 (3) Interest Cover Ratio EBIT / Interest Costs 35.6 34.6 Appendix 4: Company Operational Performance (LSE, 2010) Year 2009 2010 Variance  £000  £000  £000 Sales 201794 233220 15.6% Cost of Sales -160148 -183528 14.6% Gross Profit 41,646 49,692 19.3% Distribution and Administrative Costs -29404 -34003 15.6% Goodwill Impairment Charge -5331 -100.0% Other Operating Incomes 631 777 23.1% Operating Profit 7,542 16,466 118.3% Profit on Disposal of Property Profit before finance costs and taxation (EBIT) 7,542 16,466 118.3% Finance Revenue 55 7 -87.3% Finance Costs -218 -462 111.9% Profit before taxation (PBT) 7,379 16,011 117.0% Income Tax -4117 -4731 14.9% Profit after Taxation (PAT) 3,262 11,280 245.8%

Write My Term Paper Cheap - Why Writing an Outline For Your Term Paper is Worth Spending Money On

Write My Term Paper Cheap - Why Writing an Outline For Your Term Paper is Worth Spending Money OnIf you are struggling to write your term paper, but can't afford to lose your job, it may be time to ask yourself if it's worth it to hire a writing service. In this article I'm going to talk about writing an effective outline and how to get it right.It doesn't matter if you're a formal writer or not, writing an outline is an important skill to master. The problem is, many people just never learn the skill. They will usually begin to write their term paper and then realise too late that they've got some missing content. By then it's too late, and they have to submit the paper!Writing an outline and all the other skills you need to make sure you complete your term paper is worth spending money on, but in this article I'm going to talk about how to write an effective outline for your term paper. Your chances of completing it are best if you write it as quickly as possible.Writing an outline is actually very easy. I wrote this article in less than half an hour and the entire thing was just 5 pages long. I know it looks like I have no experience, but believe me when I say that I have spent many years writing articles for a living and I didn't write my own copy until a few months ago.You have to make sure that your outline starts out with some of the key points that you want to cover in your paper. You will obviously want to cover the subject in depth, but you'll also want to introduce some interesting points. You'll also want to write your term paper in a logical order so that you know where to go in the paper.The first thing you should write about in your writing outline is a very brief overview of the topic. You need to be able to explain why you chose to write this particular paper, what your main ideas are, and why you think they are important.Once you have introduced your main points you need to make sure that you discuss them in detail. This may take a few paragra phs, but it will be worth it. Your entire writing style needs to be explained and it's essential that you actually understand your readers.Writing an outline for your term paper means that you're able to write the paper faster, and that means that you can spend more time explaining your points. You will also find that this saves you time because you don't have to go back and re-write sections when you realise that you have left something out.