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Free Fish and Chip Shop Business Plan
If you are starting a Fish and Chip Shop business then it is practical for you to write down a Fish and Chip Shop business plan. If you need money for your company this will help you with it and even if you are fortunate to have enough funds to start-up your own business then a business plan will help you in your business approach. This will improve the likelihood of your business being a success, which cannot be a bad thing.
Your plan should include the following...
Fish and Chip Shop Executive Summary
Your Fish and Chip Shop executive summary should be written at the end (although must be found at the top of your plan) following the ground work in preparation of your business plan - it is after all intended to be a summation of your business. This is the page that should grab the awareness of the reader and make them grasp what your Fish and Chip Shop business is about. By and large it should present the reader three years highlights of your business or longer if you have a more long term business plan - i.e. when the financier(s) are to be expected to start seeing some come back on their investment. The Fish and Chip Shop executive summary should declare the main 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 procedure. Click here for more free advice on how to write your executive summary.
Fish and Chip Shop Objectives
As the executive summary ordinarily includes the breakdown of the first three years - your objectives must also be set out for your first three years of operation - this may well be a small number or may well be much more exhaustive - it is completely up to you, nevertheless having unrealistic goals to achieve for your Fish and Chip Shop business in an unrealistic timeframe will put possible investors off considerably than them being impressed at your noble objectives.Read more about business objectives.
Fish and Chip Shop Mission
A number of people see objectives and mission as the same thing but they are not - 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 Fish and Chip Shop business up to sell it whilst retaining some shares then you will have done well. To arrive at your final mission you will probably require a quantity of smaller missions - these may possibly be to attract a certain turnover, to reach a certain number of patrons, 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 ought to advise people how and why your Fish and Chip Shop business is going to be a success - if you cannot think of anything to record 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 will need to back it up with some confirmation in particular if you are looking for investment in your Fish and Chip Shop business.
Company Summary
Here you should write down a basic arrangement of your business over the next 3 years unless you have a long term plan.
Company Ownership
In basic terms note down who is going to own the Fish and Chip Shop business and allocation of share ownership and voting rights for and allocation of share ownership and voting rights for the shares - it is reasonably common for somebody to hold part of a business but hold no say in how that business is run. You need to say 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 Fish and Chip Shop business going to be trading from and why are you going to be trading from this location - you might not be capable of giving pinpoint address at this early stage but you ought to narrow it down as much as you can, as obviously this will have a major effect on your business. It is by and large simple to get premises for any Fish and Chip Shop business markedly in this climate with so many businesses going out of business, but getting the appropriate 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 Fish and Chip Shop Business.
Before you can plug any services or products you ought to write down exactly all of the things you are going to need and if you are going to require any capital in order to pay for all of these items. You may possibly need to adjust your start-up summary depending on your fiscal position - so you may perhaps prefer specific Fish and Chip Shop equipment although not be able to find the money for it until you have sold a few units of service / product.
Fish and Chip Shop Start-Up Costs
This is a upfront record of stuff you need to buy or things you can bring into the company if you already be the owner of them before your Fish and Chip Shop business can begin working. If you do not have enough capital you ought to also include who is going to grant this wealth to get your Fish and Chip Shop business going.
Visit this page for more typical start up costs.
Fish and Chip Shop Investment
If you do not have enough funds you should include the total investment you are going to need and moreover 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 deal. 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 Fish and Chip Shop Business.
Fish and Chip Shop Business Plan Page 2
Useful Fish and Chip Shop Resources
Fish and Chip Shop Marketing Plan | Fish and Chip Shop Equipment | Fish and Chip Shop Online
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