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Free Body Shop Business Plan
If you are setting up a Body Shop business then it is prudent for you to put pen to paper a Body Shop business plan. If you want finance for your company this will assist you with it and even if you are fortunate to have enough money to set up your own business then a business plan will be of assistance to you in your business approach. This will enhance the chances of your business being a hit, which cannot be a bad thing.
Your plan ought to embrace the following...
Body Shop Executive Summary
Your Body Shop executive summary ought to be written last as soon as you have done all the ground work in preparation of your business plan - it is after all intended to be a summary of your business. This is the page that should grab the attention of the reader and make them know what your Body Shop business is about. Generally speaking it ought to present the person who reads it three years highlights of your business or longer if you comprise a more long term business plan - i.e. when the financier(s) are likely to start seeing some profit on their investment. The Body Shop executive summary ought to talk about the chief protagonists who are available to assist run the business and generate the profits 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.
Body Shop Objectives
As the executive summary typically includes the breakdown of the first three years - your objectives should as well be set out for your first 3 years of operation - this may be a handful or could be to a large extent more thorough - it's wholly up to you, although having unrealistic goals to attain for your Body Shop business in an unrealistic timeframe will put likely investors off rather than them being impressed at your grand objectives.Read more about business objectives.
Body Shop Mission
Various 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 Body Shop business up to sell it whilst keeping a quantity of shares then you will have achieved success. To arrive at your ultimate mission you will in all probability need several smaller missions - these may well be to attract a certain turnover, to reach a certain quantity of customers, to push a certain number 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 Body Shop business is going to be a winner - if you cannot think of something to put in writing here then you are without hope. Even if your answer is just that you are going to put more effort in than your competitor - then at least that is something...but you'll need to back it up with some attestation in particular if you are looking for investment in your Body Shop business.
Company Summary
Here you should write a simple arrangement of your business over the next three years unless you have a long term plan.
Company Ownership
Just note down who is going to own the Body Shop business and allocation of share ownership and voting rights for and allocation of share ownership and voting rights for those shares - it's quite regular for somebody to have possession of part of a business but hold no voice in how that company is run. You need to say 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 Body Shop business going to be trading from and why are you going to be trading from this locality - you might not be able to give a pinpoint address at this young stage but you ought to narrow it down as much as you can, as obviously this will have a powerful impact on your company. It's frequently easy to get premises for any Body Shop business especially in this climate with so many businesses going out of business, but getting the suitable 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 Body Shop Business.
Before you can sell any products or services you need to record 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 things. You might require to alter your start-up summary depending on your fiscal situation - so you may perhaps desire selected Body Shop equipment although not be capable of purchasing it until you have sold several units of service / product.
Body Shop Start-Up Costs
This is a straightforward inventory of things you need to buy and stuff you can bring into the company if you already be the owner of them before your Body Shop business can start operating. If you don't have enough money you should also include who is going to offer this resource to get your Body Shop business going.
Visit this page for more typical start up costs.
Body Shop Investment
If you do not have adequate money you should bring in the total investment you are going to require and in addition involve the breakdown of the parties that are going to bankroll the investment. Include the equity being given away to fund this or loan agreements in order to finance the deal. 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 Body Shop Business.
Body Shop Business Plan Page 2
Useful Body Shop Resources
Body Shop Marketing Plan | Body Shop Equipment | Body Shop Online
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