Free Internet Business Plan
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Free Internet Business Plan

If you are setting up an Internet business then it is wise for you to write down an Internet business plan. If you want capital for your company this will help you with it and even if you are blessed to have sufficient funds to start-up your own business then a business plan will benefit you in your business strategy. This will increase the probability of your business being a success, which cannot be a bad thing.

Your plan should incorporate the following...

Internet Executive Summary

Your Internet executive summary should be written last after you have done all the ground work in preparing your business plan - it is after all intended to be a digest of your business. This is the page that should grab the awareness of the reader and make them value what your Internet business is concerning. Generally speaking it should present the reader 3 years highlights of your business or longer if you carry out a more long term business plan - i.e. when the backer(s) are expected to start seeing some come back on their investment. The Internet executive summary should point out the key protagonists who are going to help manage the business and generate the profits 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.

Internet Objectives

As the executive summary frequently 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 perhaps be a small number or might be much more thorough - it is totally down to you, however having unrealistic goals to achieve for your Internet business in an unrealistic timeframe will put possible investors off rather than them being impressed at your high objectives.Read more about business objectives.

Internet Mission

Some people see objectives and mission as the same thing but they aren't - 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 Internet business up to sell it at the same time as retaining a number of shares then you will have done well. To reach your last mission you will in all probability require a quantity of smaller missions - these may be to reach a certain revenue, to attain a certain quantity of customers, to sell 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 Internet business is going to be a triumph - if you cannot think of something to record here then you are without hope. Even if your remedy is purely that you are going to work harder than the next person - then at least that is something...but you will need to back it up with some substantiation especially if you are looking for investment in your Internet business.

Company Summary

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

Company Ownership

Plainly record who is going to own the Internet business and allocation of share ownership and voting rights for and allocation of share ownership and voting rights for the shares - it is quite common for somebody to hold part of a company but have no voice in how that company is run. You must declare 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 Internet business going to be trading from and why are you going to be trading from this position - you might not be capable of giving pinpoint address at this primitive stage but you have to narrow it down as much as you can, as obviously this will have a powerful effect on your business. It is by and large effortless to get premises for any Internet business more than ever in this climate with so many businesses going out of business, but getting the suitable 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 Internet Business.

Before you can promote any services or products you ought to record accurately all of the items you are going to require and if you are going to require any capital in order to pay for all of these things. You might require to adapt your start-up summary depending on your monetary position - so you may well prefer selected Internet equipment although not be able to find the money for it until you have sold several units of service / product.

Internet Start-Up Costs

This is a upfront list of things you need to buy and stuff you can bring into the business if you already own them before your Internet business can begin working. If you don't have adequate funds you should also incorporate who is going to provide this wealth to get your Internet business going.

Visit this page for more typical start up costs.

Internet Investment

If you don't have sufficient capital you should bring in the total investment you are going to need and furthermore involve the breakdown of the parties that are going to fund 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 Internet Business.

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