 |
 |
|
|
 |
Free Driving Range Business Plan
If you are starting a Driving Range business then it is sensible for you to write a Driving Range business plan. If you need capital for your business 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 help you in your business stratagem. This will increase the probability of your business being a success, which cannot be a bad thing.
Your plan ought to contain the following...
Driving Range Executive Summary
Your Driving Range executive summary should be written last following the ground work in preparing your business plan - it is after all intended to be a summation of your business. This is the page that ought to grab the interest of the reader and make them appreciate what your Driving Range business is regarding. By and large it should provide 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 backer(s) are expected to start seeing some yield on their investment. The Driving Range executive summary should talk about the key leading roles who are going to help manage the business and produce the returns for the investors and if any new management will be needed in the process. Click here for more free advice on how to write your executive summary.
Driving Range Objectives
As the executive summary customarily includes the breakdown of the first three years - your objectives should also be set out for your first 3 years of operation - this might be a small number or may perhaps be much more comprehensive - it's wholly down to you, on the contrary having unrealistic goals to realize for your Driving Range business in an unrealistic timeframe will put likely investors off rather than them being impressed at your noble objectives.Read more about business objectives.
Driving Range Mission
Various 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 ought to be to sell it! If you can build your Driving Range business up to sell it whilst keeping some shares then you will have done well. To accomplish your definitive mission you will most likely need a quantity of smaller missions - these may well be to reach a certain revenue, to reach a certain quantity of customers, to retail 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 Driving Range business is going to be a success - if you cannot think of anything to write here then you are doomed. 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'll need to back it up with some evidence especially if you are looking for investment in your Driving Range business.
Company Summary
Here you ought to put in writing a simple structure of your business over the next three years unless you have a long term plan.
Company Ownership
In basic terms write who is going to own the Driving Range business and allocation of share ownership and voting rights for and allocation of share ownership and voting rights for those shares - it is reasonably common for someone to have possession of part of a company but hold no voice in how that business is run. You must reveal 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 Driving Range business going to be trading from and why are you going to be trading from this location - you might 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 clearly this will have a powerful effect on your company. It's usually effortless to get premises for any Driving Range business more than ever in this climate with so many businesses folding, but getting the appropriate 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 Driving Range Business.
Before you can sell any products or services you need to write down accurately all of the items you are going to require and if you are going to require any capital in order to pay for all of these things. You may perhaps require to play down your start-up summary depending on your economic situation - so you may well have a preference for selected Driving Range equipment although not be capable of purchasing it until you have sold several units of product / service.
Driving Range Start-Up Costs
This is a straightforward record of stuff you need to buy and stuff you can bring into the company if you previously have possession of them before your Driving Range business can start working. If you don't have enough money you should also incorporate who is going to make available this money to get your Driving Range business going.
Visit this page for more typical start up costs.
Driving Range Investment
If you do not have enough capital you ought to incorporate the complete investment you are going to need and moreover include the breakdown of the parties that are going to fund 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 Driving Range Business.
Driving Range Business Plan Page 2
Useful Driving Range Resources
Driving Range Marketing Plan | Driving Range Equipment | Driving Range Online
Find a different business plan...