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Free Flea Market Business Plan
If you are setting up a Flea Market business then it is sensible for you to write a Flea Market business plan. If you need money for your company this will help you with it and even if you are lucky to have sufficient funds to start-up your own business then a business plan will benefit you in your business approach. This will improve the probability of your business being a success, which cannot be a bad thing.
Your plan should contain the following...
Flea Market Executive Summary
Your Flea Market executive summary should be written at the end (although should show at the top of your plan) once you have done all the ground work in preparing your business plan - it is after all intended to be a summary of your business. This is the page that will grab the attention of the reader and make them grasp what your Flea Market business is concerning. By and large it should give the person who reads it three years highlights of your business or longer if you have a more long term business plan - i.e. when the shareholder(s) are expected to start seeing some yield on their investment. The Flea Market executive summary ought to mention the major leading roles who are going to assist manage the business and generate the profits for the investors and if any extra management will be needed in the procedure. Click here for more free advice on how to write your executive summary.
Flea Market Objectives
As the executive summary by and large includes the breakdown of the first 3 years - your objectives must as well be set out for your first 3 years of operation - this might be a handful or could be much more thorough - it's totally down to you, although having unrealistic goals to realize for your Flea Market business in an unrealistic timeframe will put likely investors off considerably than them being impressed at your admirable objectives.Read more about business objectives.
Flea Market Mission
A number of 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 ought to be to sell it! If you can build your Flea Market business up to sell it whilst retaining some shares then you will have achieved victory. To attain your ultimate mission you will almost certainly need a quantity of smaller missions - these may perhaps be to attract a certain turnover, to reach a certain number of patrons, to wholesale 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 need to tell people how and why your Flea Market business is going to be a winner - if you cannot think of something to put in writing here then you are doomed. Even if your response is simply that you are going to put more effort in than the next guy - 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 Flea Market business.
Company Summary
Here you ought to write down a basic configuration of your business over the next three years unless you have a long term plan.
Company Ownership
Basically note down who is going to own the Flea Market business and allocation of share ownership and voting rights for and allocation of share ownership and voting rights for the shares - it's fairly normal for someone to hold part of a company but hold no say in how that company is run. You must say 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 Flea Market business going to be trading from and why are you going to be trading from this spot - you may well not be capable of giving pinpoint address at this early stage but you need to narrow it down as much as you can, as clearly this will have a critical effect on your company. It's as a rule simple to get premises for any Flea Market business specially in this climate with so many businesses going out of business, 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 Flea Market Business.
Before you can promote any services or products you need to record accurately all of the equipment you are going to need and if you are going to need any capital in order to pay for all of these items. You may possibly need to vary your start-up summary depending on your monetary condition - so you may perhaps desire certain Flea Market equipment although not be able to have enough money for it until you have sold several units of service / product.
Flea Market Start-Up Costs
This is a upfront record of stuff you need to buy or stuff you can bring into the business if you already be in possession of them before your Flea Market business can start working. If you don't have enough funds you ought to also incorporate who is going to grant this wealth to get your Flea Market business going.
Visit this page for more typical start up costs.
Flea Market Investment
If you do not have enough cash you ought to add in the full amount of investment you are going to require and furthermore involve the breakdown of the parties that are going to bankroll the investment. Include 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 Flea Market Business.
Flea Market Business Plan Page 2
Useful Flea Market Resources
Flea Market Marketing Plan | Flea Market Equipment | Flea Market Online
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