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Free Furniture Stripping Service Business Plan
If you are setting up a Furniture Stripping Service business then it is sensible for you to write down a Furniture Stripping Service business plan. If you require capital for your business this will help you with it and even if you are blessed to have an adequate amount of money to set up your own business then a business plan will support you in your business stratagem. This will improve the likelihood of your business being a success, which cannot be a bad thing.
Your plan ought to consist of the following...
Furniture Stripping Service Executive Summary
Your Furniture Stripping Service executive summary should be written last following the ground work in preparation of your business plan - it is after all meant to be a summing up of your business. This is the page that ought to grab the interest of the reader and make them appreciate what your Furniture Stripping Service business is concerning. By and large it ought to give 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 backer(s) are expected to start seeing some come back on their investment. The Furniture Stripping Service executive summary should point out the key leading roles who are going to assist manage the business and generate the income for the investors and if any additional management will be needed in the process. Click here for more free advice on how to write your executive summary.
Furniture Stripping Service Objectives
As the executive summary typically includes the breakdown of the first 3 years - your objectives must also be set out for your first three years of operation - this can be a handful or may possibly be to a large extent more comprehensive - it's completely up to you, but having unrealistic goals to complete for your Furniture Stripping Service business in an unrealistic timeframe will put likely investors off considerably than them being impressed at your admirable objectives.Read more about business objectives.
Furniture Stripping Service Mission
Some 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 sell it! If you can build your Furniture Stripping Service business up to sell it whilst keeping a quantity of shares then you will have achieved success. To attain your final mission you will probably need a quantity of smaller missions - these could be to attain a certain turnover, to attain a certain amount of customers, to trade 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 tell people how and why your Furniture Stripping Service business is going to be a success - if you cannot think of anything to put in writing here then you are relying on a lot of luck. Even if your response is just that you are going to work harder than the next person - then at least that is something...but you'll need to back it up with some evidence especially if you are looking for investment in your Furniture Stripping Service business.
Company Summary
Here you should put in writing a basic construction of your business over the next three years unless you have a long term plan.
Company Ownership
Basically put in writing who is going to own the Furniture Stripping Service business and allocation of share ownership and voting rights for and allocation of share ownership and voting rights for the shares - it is relatively common for somebody to have possession of part of a business but have no say in how that business is run. You must reveal 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 Furniture Stripping Service business going to be trading from and why are you going to be trading from this location - you may well not be capable of giving pinpoint address at this young stage but you have to narrow it down as much as you can, as clearly this will have a serious effect on your company. It's more often than not easy to get premises for any Furniture Stripping Service business particularly in this climate with so many businesses going out of business, but getting the decent 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 Furniture Stripping Service Business.
Before you can plug any products or services you ought to write down precisely all of the equipment you are going to require and if you are going to need any resources in order to pay for all of these things. You may perhaps need to modify your start-up summary depending on your financial situation - so you may well desire specific Furniture Stripping Service equipment but not be able to find the money for it until you have sold several units of service / product.
Furniture Stripping Service Start-Up Costs
This is a up-front inventory of things you need to buy or stuff you can bring into the business if you already be in possession of them before your Furniture Stripping Service business can begin working. If you don't have enough capital you should also incorporate who is going to offer this capital to get your Furniture Stripping Service business going.
Visit this page for more typical start up costs.
Furniture Stripping Service Investment
If you don't have enough funds you ought to add in the full amount of investment you are going to need and in addition include the breakdown of the parties that are going to bankroll the investment. Incorporate the equity being given away to fund this or loan agreements in order to finance the transaction. 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 Furniture Stripping Service Business.
Furniture Stripping Service Business Plan Page 2
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