Free Phone Service Business Plan
Site Search

Free Phone Service Business Plan

If you are setting up a Phone Service business then it is practical for you to put in writing a Phone Service business plan. If you require capital for your business this will assist you with it and even if you are fortunate to have enough capital to set up your own business then a business plan will benefit you in your business stratagem. This will enhance the likelihood of your business being a success, which cannot be a bad thing.

Your plan should include the following...

Phone Service Executive Summary

Your Phone Service executive summary should be written at the end (although should be found first in your plan) as soon as you have done all the ground work in preparing your business plan - it is after all meant to be a summary of your business. This is the page that should grab the attention of the reader and make them understand what your Phone Service business is concerning. Generally speaking it should give the reader three years highlights of your business or longer if you possess a more long term business plan - i.e. when the backer(s) are apt to start seeing some yield on their investment. The Phone Service executive summary should refer to the chief leading roles who are going to help manage 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.

Phone Service Objectives

As the executive summary more often than not includes the breakdown of the first three years - your objectives should also be set out for your first three years of operation - this can be a handful or may possibly be to a great extent more comprehensive - it is totally up to you, however having unrealistic goals to achieve for your Phone Service business in an unrealistic timeframe will put possible investors off rather than them being impressed at your noble objectives.Read more about business objectives.

Phone Service Mission

Some 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 Phone Service business up to sell it at the same time as keeping a quantity of shares then you will have achieved success. To grasp your ultimate mission you will probably require a quantity of smaller missions - these could be to attract a certain revenue, to attain a certain quantity of customers, 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 Phone Service business is going to be a success - if you cannot think of anything to write here then you are without hope. Even if your answer is in simple terms 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 attestation in particular if you are looking for investment in your Phone Service business.

Company Summary

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

Company Ownership

Basically record who is going to own the Phone Service business and allocation of share ownership and voting rights for and allocation of share ownership and voting rights for those shares - it's reasonably normal for somebody to be the owner of part of a company but hold no say in how that business is run. You must say 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 Phone Service business going to be trading from and why are you going to be trading from this locality - you may perhaps not be capable of giving pinpoint address at this young stage but you need to narrow it down as much as you can, as obviously this will have a major effect on your company. It's usually easy to get premises for any Phone Service business particularly in this climate with so many businesses folding, 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 Phone Service Business.

Before you can plug any services or products you need to write down precisely all of the things you are going to require and if you are going to require any resources in order to pay for all of these items. You might need to play down your start-up summary depending on your economic situation - so you may well prefer selected Phone Service equipment but not be able to find the money for it until you have sold several units of product / service.

Phone Service Start-Up Costs

This is a up-front list of things you need to buy and things you can bring into the company if you already be in possession of them before your Phone Service business can start the ball rolling. If you don't have enough funds you ought to also add in who is going to make available this wealth to get your Phone Service business going.

Visit this page for more typical start up costs.

Phone Service Investment

If you do not have enough money you should enter the full amount of investment you are going to require and what's more involve the breakdown of the parties that are going to fund the investment. Include 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 Phone Service Business.

Phone Service Business Plan Page 2

Custom Search

Useful Phone Service Resources

Phone Service Marketing Plan | Phone Service Equipment | Phone Service 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