Free Car Repair Business Plan
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Free Car Repair Business Plan

If you are setting up a Car Repair business then it is prudent for you to put in writing a Car Repair business plan. If you need money for your company this will help you with it and even if you are blessed to have enough money to start-up your own business then a business plan will help you in your business approach. This will improve the likelihood of your business being a hit, which cannot be a bad thing.

Your plan ought to incorporate the following...

Car Repair Executive Summary

Your Car Repair executive summary ought to be written last after you have done all the ground work in preparation of your business plan - it is after all meant to be an outline of your business. This is the page that ought to grab the interest of the reader and make them appreciate what your Car Repair business is concerning. Generally speaking it should provide the person who reads it 3 years highlights of your business or longer if you produce a more long term business plan - i.e. when the investor(s) are to be expected to start seeing some come back on their investment. The Car Repair executive summary should talk about the key leading roles who are available to help manage the business and generate the proceeds for the investors and if any new management will be needed in the process. Click here for more free advice on how to write your executive summary.

Car Repair Objectives

As the executive summary generally includes the breakdown of the first three years - your objectives should in addition be set out for your first three years of operation - this may well be a handful or possibly will be a great deal more exhaustive - it is totally up to you, but having unrealistic goals to complete for your Car Repair business in an unrealistic timeframe will put likely investors off rather than them being impressed at your lofty objectives.Read more about business objectives.

Car Repair Mission

A number of people see objectives and mission as identical things but they are not - objectives are there for you to meet your mission. The final mission of any business should be to get bought out! If you can build your Car Repair business up to sell it at the same time as keeping a number of shares then you will have achieved victory. To arrive at your last mission you will almost certainly require some smaller missions - these may perhaps be to attract a certain income, to reach a certain number of customers, to sell a certain number of units of a product or service and your objectives are there to meet this mission.

Check out some of these example mission statements before you have a go at writing your own mission statement.

Keys to Success

You need to advise people how and why your Car Repair business is going to be a triumph - if you cannot think of something to write here then you are doomed. Even if your solution is purely that you are going to put more effort in than the next person - then at least that is something...but you'll need to back it up with some proof in particular if you are looking for funding in your Car Repair business.

Company Summary

Here you ought to write a basic configuration of your business over the next 3 years unless you have a long term plan.

Company Ownership

Plainly enter who is going to own the Car Repair business and allocation of share ownership and voting rights for and allocation of share ownership and voting rights for those shares - it's reasonably normal for someone to possess part of a business but hold no voice in how that business is run. You need to disclose if the business is a limited company, private, public or if you are a sole trader.

Not sure which business structure to go for?

Location(s) and facilities

Where is your Car Repair business going to be trading from and why are you going to be trading from this spot - you may perhaps not be able to give a pinpoint address at this primitive stage but you have to narrow it down as much as you can, as clearly this will have a significant impact on your business. It is as a rule straightforward to get premises for any Car Repair business in particular in this climate with so many businesses folding, but getting the appropriate business premises for the right money is a different prospect entirely.

Read more about business premises.

Start-up Summary for your Business

Before you start trading it's a good idea to have a business bank account and you are also going to have to choose a new name for your Car Repair Business.

Before you can plug any services or products you need to write down precisely all of the equipment you are going to require and if you are going to need any money in order to pay for all of these things. You may well require to vary your start-up summary depending on your economic position - so you might desire specific Car Repair equipment however not be capable of purchasing it until you have sold a few units of product / service.

Car Repair Start-Up Costs

This is a uncomplicated record of things you need to buy or stuff you can bring into the company if you already own them before your Car Repair business can come into being. If you do not have enough money you ought to also add in who is going to provide this money to get your Car Repair business going.

Visit this page for more typical start up costs.

Car Repair Investment

If you don't have adequate capital you should enter the full amount of investment you are going to require and what's more include the breakdown of the parties that are going to finance the investment. Add in the equity being given away to fund this or loan agreements in order to finance the agreement. Will you require a small business bank loan? If you cannot get a bank loan don't worry there are alternative methods for funding your Car Repair Business.

Car Repair Business Plan Page 2

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