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Free Greeting Card Store Business Plan
If you are starting a Greeting Card Store business then it is wise for you to put in writing a Greeting Card Store business plan. If you require money for your business this will assist you with it and even if you are fortunate to have enough money to set up your own business then a business plan will support you in your business approach. This will enhance the odds of your business being a triumph, which cannot be a bad thing.
Your plan should contain the following...
Greeting Card Store Executive Summary
Your Greeting Card Store executive summary should be written last subsequent to you having done all the ground work in preparing 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 attention of the reader and make them realize what your Greeting Card Store business is concerning. Generally speaking it ought to present the reader 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 liable to start seeing some earnings on their investment. The Greeting Card Store executive summary ought to point out the main protagonists who are going to assist run the business and generate the income for the investors and if any extra management will be needed in the process. Click here for more free advice on how to write your executive summary.
Greeting Card Store Objectives
As the executive summary typically includes the breakdown of the first three years - your objectives must in addition be set out for your first three years of operation - this can be a small number or may perhaps be a good deal more in depth - it's entirely up to you, however having unrealistic goals to attain for your Greeting Card Store business in an unrealistic timeframe will put likely investors off considerably than them being impressed at your noble objectives.Read more about business objectives.
Greeting Card Store Mission
A number of 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 get bought out! If you can build your Greeting Card Store business up to sell it at the same time as retaining a quantity of shares then you will have achieved victory. To accomplish your final mission you will probably need some smaller missions - these could be to reach a certain amount of earnings, to reach a certain amount of clients, to retail 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 Greeting Card Store business is going to be a winner - if you cannot think of something to put in writing here then you are without hope. Even if your solution is purely 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 attestation especially if you are looking for funding in your Greeting Card Store business.
Company Summary
Here you should write down a simple 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 Greeting Card Store business and allocation of share ownership and voting rights for and allocation of share ownership and voting rights for the shares - it's quite common for someone to own part of a company but have no voice in how that company is run. You need to 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 Greeting Card Store business going to be trading from and why are you going to be trading from this spot - you may perhaps 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 critical effect on your company. It's more often than not straightforward to get premises for any Greeting Card Store business markedly 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 Greeting Card Store Business.
Before you can push any products or services you need to record accurately all of the equipment you are going to need and if you are going to need any resources in order to pay for all of these things. You may require to alter your start-up summary depending on your financial position - so you may perhaps have a preference for selected Greeting Card Store equipment however not be able to manage to pay for it until you have sold a few units of service / product.
Greeting Card Store Start-Up Costs
This is a basic record of stuff you need to buy and stuff you can bring into the company if you previously be in possession of them before your Greeting Card Store business can begin operating. If you don't have enough funds you should also add in who is going to provide this wealth to get your Greeting Card Store business going.
Visit this page for more typical start up costs.
Greeting Card Store Investment
If you do not have enough cash you should incorporate the whole investment you are going to require and what's more involve the breakdown of the parties that are going to finance 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 Greeting Card Store Business.
Greeting Card Store Business Plan Page 2
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