Free Loan Shop Business Plan
Site Search

Free Loan Shop Business Plan

If you are setting up a Loan Shop business then it is prudent for you to write a Loan Shop business plan. If you require capital for your business this will help you with it and even if you are blessed to have an adequate amount of capital to set up your own business then a business plan will support you in your business strategy. This will improve the likelihood of your business being a hit, which cannot be a bad thing.

Your plan should embrace the following...

Loan Shop Executive Summary

Your Loan Shop executive summary should be written at the end (although must show at the top of your plan) following the ground work in preparation of your business plan - it is after all meant to be a digest of your business. This is the page that will grab the attention of the reader and make them know what your Loan Shop business is about. Generally speaking it ought to give the reader three years highlights of your business or longer if you produce a more long term business plan - i.e. when the shareholder(s) are expected to start seeing some profit on their investment. The Loan Shop executive summary ought to declare the main protagonists who are available to assist run the business and produce the income for the investors and if any extra management will be required in the process. Click here for more free advice on how to write your executive summary.

Loan Shop Objectives

As the executive summary generally includes the breakdown of the first three years - your objectives must as well be set out for your first 3 years of operation - this could be a small number or could be a good deal more exhaustive - it is wholly up to you, although having unrealistic goals to achieve for your Loan Shop business in an unrealistic timeframe will put likely investors off considerably than them being impressed at your admirable objectives.Read more about business objectives.

Loan Shop Mission

Various people see objectives and mission as identical things 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 Loan Shop business up to sell it whilst retaining a number of shares then you will have done well. To reach your last mission you will almost certainly need several smaller missions - these may perhaps be to reach a certain turnover, to reach a certain amount of clients, to trade 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 Loan Shop business is going to be a hit - if you cannot think of anything to record here then you are without hope. Even if your answer is simply that you are going to put more effort in than the next person - then at least that is something...but you will need to back it up with some confirmation especially if you are looking for investment in your Loan Shop business.

Company Summary

Here you should put in writing a simple structure of your business over the next three years unless you have a long term plan.

Company Ownership

In simple terms enter who is going to own the Loan Shop business and allocation of share ownership and voting rights for and allocation of share ownership and voting rights for the shares - it's reasonably normal for somebody to have possession of part of a business but hold no voice in how that business is run. You need to express if the business 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 Loan Shop 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 ought to narrow it down as much as you can, as clearly this will have a significant effect on your business. It is more often than not effortless to get premises for any Loan Shop business more than ever 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 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 Loan Shop Business.

Before you can push any services or products you ought to write down precisely all of the items you are going to require and if you are going to need any funds in order to pay for all of these things. You may possibly require to adapt your start-up summary depending on your monetary condition - so you might have a preference for certain Loan Shop equipment nevertheless not be able to have the funds for it until you have sold several units of product / service.

Loan Shop Start-Up Costs

This is a uncomplicated record of stuff you need to buy or things you can bring into the business if you previously have possession of them before your Loan Shop business can start the ball rolling. If you do not have sufficient cash you should also include who is going to provide this capital to get your Loan Shop business going.

Visit this page for more typical start up costs.

Loan Shop Investment

If you do not have adequate cash you should 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 finance the investment. Take account of the equity being given away to fund this or loan agreements in order to finance the agreement. 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 Loan Shop Business.

Loan Shop Business Plan Page 2

Custom Search

Useful Loan Shop Resources

Loan Shop Marketing Plan | Loan Shop Equipment | Loan Shop Online

Find a different business plan...

Home-0-A-B-C-D-E-F-G-H-I-J-K-L-M-N-O-P-Q-R-S-T-U-V-W-X-Y-Z