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Free Cell Phone Store Business Plan
If you are starting a Cell Phone Store business then it is sensible for you to put in writing a Cell Phone Store business plan. If you need money for your business this will assist you with it and even if you are lucky to have enough funds to start-up your own business then a business plan will assist you in your business strategy. This will increase the probability of your business being a hit, which cannot be a bad thing.
Your plan ought to contain the following...
Cell Phone Store Executive Summary
Your Cell Phone Store executive summary should be written last once you have done all the ground work in preparing your business plan - it is after all meant to be a digest of your business. This is the page that ought to grab the interest of the reader and make them grasp what your Cell Phone Store business is concerning. Generally speaking it ought to give the person who reads it three years highlights of your business or longer if you come up with a more long term business plan - i.e. when the shareholder(s) are expected to start seeing some benefit on their investment. The Cell Phone Store executive summary ought to reference the chief leading roles who are going to assist manage the business and produce the income for the investors and if any additional management will be required in the process. Click here for more free advice on how to write your executive summary.
Cell Phone Store Objectives
As the executive summary customarily includes the breakdown of the first three years - your objectives must in addition be set out for your first three years of operation - this may be a small number or might be a great deal more exhaustive - it is wholly up to you, on the contrary having unrealistic goals to attain for your Cell Phone Store business in an unrealistic timeframe will put possible investors off rather than them being impressed at your arrogant objectives.Read more about business objectives.
Cell Phone Store Mission
Some people see objectives and mission as identical things but they aren't - 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 Cell Phone Store business up to sell it whilst keeping some shares then you will have done well. To arrive at your ultimate mission you will in all probability require several smaller missions - these may perhaps be to attract a certain income, to reach a certain number of clients, to trade a certain amount 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 ought to tell people how and why your Cell Phone Store business is going to be a success - if you cannot think of something to write here then you are doomed. Even if your answer is simply that you are going to put more effort in than your competitor - then at least that is something...but you'll need to back it up with some confirmation in particular if you are looking for investment in your Cell Phone Store business.
Company Summary
Here you ought to write a simple construction of your business over the next 3 years unless you have a long term plan.
Company Ownership
Just note down who is going to own the Cell Phone Store business and allocation of share ownership and voting rights for and allocation of share ownership and voting rights for those shares - it's relatively normal for somebody to own part of a business but have no voice in how that company is run. You need to display if the company 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 Cell Phone Store business going to be trading from and why are you going to be trading from this place - you may perhaps not be capable of giving pinpoint address at this young stage but you need to narrow it down as much as you can, as obviously this will have a momentous impact on your company. It is frequently simple to get premises for any Cell Phone Store business more than ever in this climate with so many businesses folding, but getting the reasonable 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 Cell Phone Store Business.
Before you can plug any services or products you need to record precisely all of the things you are going to need and if you are going to need any capital in order to pay for all of these items. You might require to adapt your start-up summary depending on your economic position - so you may perhaps desire selected Cell Phone Store equipment although not be able to meet the expense of it until you have sold several units of product / service.
Cell Phone Store Start-Up Costs
This is a simple list of stuff you need to buy and things you can bring into the business if you already own them before your Cell Phone Store business can start working. If you do not have sufficient capital you ought to also include who is going to provide this money to get your Cell Phone Store business going.
Visit this page for more typical start up costs.
Cell Phone Store Investment
If you don't have sufficient money you should include the full amount of investment you are going to require and what's more involve the breakdown of the parties that are going to finance the investment. Take account of the equity being given away to fund this or loan agreements in order to finance the arrangement. 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 Cell Phone Store Business.
Cell Phone Store Business Plan Page 2
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