Free Bicycle Retail Business Plan
Site Search

Free Bicycle Retail Business Plan

If you are setting up a Bicycle Retail business then it is practical for you to write a Bicycle Retail business plan. If you require finance for your business this will assist 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 help you in your business approach. This will increase the odds of your business being a triumph, which cannot be a bad thing.

Your plan should incorporate the following...

Bicycle Retail Executive Summary

Your Bicycle Retail executive summary should be written at the end (even though it should appear at the top of your plan) once 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 interest of the reader and make them know what your Bicycle Retail business is concerning. By and large it ought to give the reader three years highlights of your business or longer if you possess a more long term business plan - i.e. when the financier(s) are to be expected to start seeing some come back on their investment. The Bicycle Retail executive summary should reference the key protagonists who are available to assist run the business and generate the profits for the investors and if any additional management will be required in the procedure. Click here for more free advice on how to write your executive summary.

Bicycle Retail Objectives

As the executive summary customarily includes the breakdown of the first three years - your objectives should in addition be set out for your first three years of operation - this may be a small number or may possibly be to a great extent more thorough - it's wholly up to you, but having unrealistic goals to achieve for your Bicycle Retail business in an unrealistic timeframe will put likely investors off rather than them being impressed at your lofty objectives.Read more about business objectives.

Bicycle Retail Mission

Some people see objectives and mission as identical things but they aren't - 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 Bicycle Retail business up to sell it whilst keeping a number of shares then you will have achieved success. To achieve your ultimate mission you will almost certainly need several smaller missions - these could be to reach a certain amount of earnings, to attain a certain quantity of patrons, 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 Bicycle Retail 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 remedy is in simple terms 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 confirmation especially if you are looking for funding in your Bicycle Retail business.

Company Summary

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

Company Ownership

Plainly write who is going to own the Bicycle Retail business and allocation of share ownership and voting rights for and allocation of share ownership and voting rights for the shares - it's fairly common for someone to own part of a business but have no say in how that company is run. You need to disclose 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 Bicycle Retail business going to be trading from and why are you going to be trading from this place - you might not be capable of giving pinpoint address at this primitive stage but you ought to narrow it down as much as you can, as obviously this will have a considerable effect on your business. It's generally easy to get premises for any Bicycle Retail business specially in this climate with so many businesses folding, 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 Bicycle Retail Business.

Before you can sell any services or products you ought to write down precisely all of the items you are going to need and if you are going to need any money in order to pay for all of these items. You may need to alter your start-up summary depending on your monetary position - so you may well prefer selected Bicycle Retail equipment although not be capable of purchasing it until you have sold several units of product / service.

Bicycle Retail Start-Up Costs

This is a up-front record of things you need to buy and things you can bring into the company if you already own them before your Bicycle Retail business can start operating. If you don't have sufficient capital you should also add in who is going to make available this money to get your Bicycle Retail business going.

Visit this page for more typical start up costs.

Bicycle Retail Investment

If you do not have sufficient cash you should bring in the total investment you are going to need and furthermore include the breakdown of the parties that are going to fund the investment. Add in 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 Bicycle Retail Business.

Bicycle Retail Business Plan Page 2

Custom Search

Useful Bicycle Retail Resources

Bicycle Retail Marketing Plan | Bicycle Retail Equipment | Bicycle Retail 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