Free IT Consultancy Business Plan
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Free IT Consultancy Business Plan

If you are starting an IT Consultancy business then it is prudent for you to put pen to paper an IT Consultancy business plan. If you require finance for your company this will help you with it and even if you are lucky to have enough money to set up your own business then a business plan will help you in your business stratagem. This will boost the odds of your business being a success, which cannot be a bad thing.

Your plan should contain the following...

IT Consultancy Executive Summary

Your IT Consultancy executive summary should be written last once 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 know what your IT Consultancy business is concerning. Generally speaking it should give the reader 3 years highlights of your business or longer if you come up with a more long term business plan - i.e. when the investor(s) are to be expected to start seeing some come back on their investment. The IT Consultancy executive summary should refer to the chief leading roles who are available to assist run the business and produce the income 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.

IT Consultancy Objectives

As the executive summary commonly includes the breakdown of the first 3 years - your objectives must in addition be set out for your first 3 years of operation - this may be a small number or may possibly be a great deal more exhaustive - it is entirely up to you, although having unrealistic goals to attain for your IT Consultancy business in an unrealistic timeframe will put likely investors off considerably than them being impressed at your grand objectives.Read more about business objectives.

IT Consultancy Mission

Some 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 sell it! If you can build your IT Consultancy business up to sell it whilst keeping a quantity of shares then you will have done well. To achieve your ultimate mission you will in all probability need some smaller missions - these could be to attain a certain turnover, to attain a certain quantity of clients, to push 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 tell people how and why your IT Consultancy business is going to be a winner - if you cannot think of something to put in writing here then you are relying on a lot of luck. 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 evidence especially if you are looking for investment in your IT Consultancy business.

Company Summary

Here you ought to put in writing a basic construct of your business over the next three years unless you have a long term plan.

Company Ownership

Merely note down who is going to own the IT Consultancy business and allocation of share ownership and voting rights for and allocation of share ownership and voting rights for the shares - it is fairly widespread for someone to hold part of a business but have no voice 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 IT Consultancy business going to be trading from and why are you going to be trading from this spot - you may well not be capable of giving pinpoint address at this early stage but you have to narrow it down as much as you can, as clearly this will have a critical impact on your business. It is by and large effortless to get premises for any IT Consultancy business particularly in this climate with so many businesses going out of business, but getting the reasonable 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 IT Consultancy Business.

Before you can promote any services or products you ought to record exactly 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 may well need to vary your start-up summary depending on your monetary position - so you may perhaps prefer specific IT Consultancy equipment however not be able to afford it until you have sold a few units of product / service.

IT Consultancy Start-Up Costs

This is a simple list of things you need to buy or stuff you can bring into the company if you previously be the owner of them before your IT Consultancy business can begin operating. If you don't have adequate capital you should also incorporate who is going to make available this investment to get your IT Consultancy business going.

Visit this page for more typical start up costs.

IT Consultancy Investment

If you don't have sufficient funds you ought to enter the full amount of investment you are going to need and what's more include the breakdown of the parties that are going to bankroll 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 IT Consultancy Business.

IT Consultancy Business Plan Page 2

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