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Free Battery Reconditioning Service Business Plan
If you are starting a Battery Reconditioning Service business then it is practical for you to write down a Battery Reconditioning Service business plan. If you need finance for your business this will help you with it and even if you are lucky to have an adequate amount of money to start-up your own business then a business plan will be of assistance to you in your business approach. This will increase the likelihood of your business being a success, which cannot be a bad thing.
Your plan should consist of the following...
Battery Reconditioning Service Executive Summary
Your Battery Reconditioning Service executive summary should be written last subsequent to you having done all the ground work in preparation of 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 be familiar with what your Battery Reconditioning Service business is concerning. Commonly it should give the person who reads it three years highlights of your business or longer if you carry out a more long term business plan - i.e. when the financier(s) are apt to start seeing some return on their investment. The Battery Reconditioning Service executive summary should point out the major protagonists who are available to help run the business and generate the returns for the investors and if any new management will be required in the procedure. Click here for more free advice on how to write your executive summary.
Battery Reconditioning Service Objectives
As the executive summary frequently includes the breakdown of the first 3 years - your objectives must also be set out for your first 3 years of operation - this could be a small number or might be a good deal more comprehensive - it is wholly up to you, however having unrealistic goals to accomplish for your Battery Reconditioning Service business in an unrealistic timeframe will put possible investors off considerably than them being impressed at your grand objectives.Read more about business objectives.
Battery Reconditioning Service Mission
Various 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 Battery Reconditioning Service business up to sell it at the same time as keeping some shares then you will have done well. To reach your definitive mission you will in all probability need some smaller missions - these may be to attract a certain revenue, to reach a certain quantity of customers, to wholesale 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 Battery Reconditioning Service business is going to be a success - if you cannot think of anything to write here then you are without hope. Even if your answer is simply that you are going to work harder than the next guy - then at least that is something...but you'll need to back it up with some substantiation especially if you are looking for funding in your Battery Reconditioning Service business.
Company Summary
Here you ought to compose a basic configuration of your business over the next three years unless you have a long term plan.
Company Ownership
In simple terms put in writing who is going to own the Battery Reconditioning Service business and allocation of share ownership and voting rights for and allocation of share ownership and voting rights for those shares - it's relatively regular for somebody to have possession of part of a company but hold no voice in how that business is run. You need to reveal if the business is a limited company, private, public or if you are a one man band.
Not sure which business structure to go for?
Location(s) and facilities
Where is your Battery Reconditioning Service business going to be trading from and why are you going to be trading from this spot - you may not be able to give a pinpoint address at this early stage but you have to narrow it down as much as you can, as obviously this will have a fundamental effect on your business. It is by and large easy to get premises for any Battery Reconditioning Service 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 completely.
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 Battery Reconditioning Service Business.
Before you can promote any products or services you need to write down accurately all of the items you are going to require and if you are going to need any capital in order to pay for all of these items. You may possibly require to adapt your start-up summary depending on your economic circumstances - so you may desire specific Battery Reconditioning Service equipment nevertheless not be able to manage to pay for it until you have sold several units of product / service.
Battery Reconditioning Service Start-Up Costs
This is a basic inventory of stuff you need to buy or stuff you can bring into the company if you already have possession of them before your Battery Reconditioning Service business can come into being. If you do not have enough money you should also include who is going to provide this investment to get your Battery Reconditioning Service business going.
Visit this page for more typical start up costs.
Battery Reconditioning Service Investment
If you don't have adequate cash you should include the complete 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 Battery Reconditioning Service Business.
Battery Reconditioning Service Business Plan Page 2
Useful Battery Reconditioning Service Resources
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