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Free Motorcycle Maintenance and Repair Business Plan
If you are setting up a Motorcycle Maintenance and Repair business then it is wise for you to write down a Motorcycle Maintenance and Repair business plan. If you need finance for your company this will assist you with it and even if you are fortunate to have enough funds to start-up your own business then a business plan will be of assistance to 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...
Motorcycle Maintenance and Repair Executive Summary
Your Motorcycle Maintenance and Repair executive summary ought to be written at the end (although should 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 an outline of your business. This is the page that ought to grab the interest of the reader and make them know what your Motorcycle Maintenance and Repair business is regarding. Generally speaking it should present the reader three 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 expected to start seeing some return on their investment. The Motorcycle Maintenance and Repair executive summary ought to talk about the chief leading roles who are ready 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.
Motorcycle Maintenance and Repair Objectives
As the executive summary regularly includes the breakdown of the first three years - your objectives must also be set out for your first 3 years of operation - this could be a handful or may possibly be a great deal more meticulous - it is totally up to you, on the contrary having unrealistic goals to reach for your Motorcycle Maintenance and Repair business in an unrealistic timeframe will put possible investors off considerably than them being impressed at your high objectives.Read more about business objectives.
Motorcycle Maintenance and Repair 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 ought to be to get bought out! If you can build your Motorcycle Maintenance and Repair business up to sell it whilst retaining some shares then you will have done well. To accomplish your definitive mission you will almost certainly need a quantity of smaller missions - these may be to attain a certain amount of earnings, 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 advise people how and why your Motorcycle Maintenance and Repair business is going to be a winner - if you cannot think of something to enter here then you are without hope. Even if your remedy is in simple terms 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 in particular if you are looking for investment in your Motorcycle Maintenance and Repair business.
Company Summary
Here you ought to write a basic structure of your business over the next 3 years unless you have a long term plan.
Company Ownership
In simple terms record who is going to own the Motorcycle Maintenance and Repair 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 be the owner of part of a company but have no voice in how that company is run. You must say if the company 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 Motorcycle Maintenance and Repair business going to be trading from and why are you going to be trading from this position - you may well not be able to give a pinpoint address at this young stage but you need to narrow it down as much as you can, as obviously this will have a considerable effect on your company. It's by and large simple to get premises for any Motorcycle Maintenance and Repair business specially in this climate with so many businesses folding, but getting the right 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 Motorcycle Maintenance and Repair Business.
Before you can push any services or products you need to write down exactly all of the equipment you are going to need and if you are going to require any resources in order to pay for all of these items. You may well require to modify your start-up summary depending on your monetary circumstances - so you might have a preference for selected Motorcycle Maintenance and Repair equipment although not be capable of buying it until you have sold a few units of product / service.
Motorcycle Maintenance and Repair Start-Up Costs
This is a up-front inventory of stuff you need to buy or stuff you can bring into the company if you already be the owner of them before your Motorcycle Maintenance and Repair business can start the ball rolling. If you don't have sufficient cash you should also incorporate who is going to provide this capital to get your Motorcycle Maintenance and Repair business going.
Visit this page for more typical start up costs.
Motorcycle Maintenance and Repair Investment
If you do not have sufficient cash you ought to enter the complete investment you are going to require and moreover include 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 contract. 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 Motorcycle Maintenance and Repair Business.
Motorcycle Maintenance and Repair Business Plan Page 2
Useful Motorcycle Maintenance and Repair Resources
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