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Free Driving School Business Plan
If you are starting a Driving School business then it is prudent for you to write down a Driving School business plan. If you need finance for your business this will assist you with it and even if you are blessed to have an adequate amount of money to set up your own business then a business plan will support you in your business stratagem. This will boost the chances of your business being a triumph, which cannot be a bad thing.
Your plan should involve the following...
Driving School Executive Summary
Your Driving School executive summary should be written last subsequent to you having done all the ground work in preparation of your business plan - it is after all meant to be a summary of your business. This is the page that ought to grab the attention of the reader and make them understand what your Driving School business is regarding. By and large it ought to give the reader 3 years highlights of your business or longer if you have a more long term business plan - i.e. when the shareholder(s) are to be expected to start seeing some yield on their investment. The Driving School executive summary ought to declare the chief protagonists who are going to assist run the business and generate the profits for the investors and if any extra management will be required in the procedure. Click here for more free advice on how to write your executive summary.
Driving School Objectives
As the executive summary customarily includes the breakdown of the first 3 years - your objectives should in addition be set out for your first 3 years of operation - this may be a small number or may perhaps be to a large extent more meticulous - it's wholly up to you, but having unrealistic goals to complete for your Driving School business in an unrealistic timeframe will put likely investors off considerably than them being impressed at your noble objectives.Read more about business objectives.
Driving School Mission
Various 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 sell it! If you can build your Driving School business up to sell it whilst retaining a quantity of shares then you will have done well. To reach your ultimate mission you will in all probability require some smaller missions - these may well be to reach a certain amount of earnings, to attain a certain amount of clients, to wholesale 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 ought to advise people how and why your Driving School business is going to be a hit - if you cannot think of something 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 evidence in particular if you are looking for funding in your Driving School business.
Company Summary
Here you ought to write down a basic structure of your business over the next 3 years unless you have a long term plan.
Company Ownership
Merely enter who is going to own the Driving School 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 have possession of part of a business but hold no say in how that company is run. You need to declare 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 Driving School business going to be trading from and why are you going to be trading from this location - you may well not be capable of giving pinpoint address at this near the beginning stage but you have to narrow it down as much as you can, as clearly this will have a considerable impact on your company. It is generally straightforward to get premises for any Driving School business especially in this climate with so many businesses going out of business, but getting the appropriate 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 Driving School Business.
Before you can promote any products or services you ought to write down accurately all of the items you are going to require and if you are going to need any money in order to pay for all of these items. You may well need to amend your start-up summary depending on your monetary circumstances - so you may have a preference for certain Driving School equipment although not be able to afford it until you have sold several units of product / service.
Driving School Start-Up Costs
This is a simple list of stuff you need to buy and things you can bring into the company if you previously have possession of them before your Driving School business can start operating. If you do not have sufficient funds you ought to also incorporate who is going to provide this wealth to get your Driving School business going.
Visit this page for more typical start up costs.
Driving School Investment
If you do not have sufficient funds you should include the whole investment you are going to need and in addition include the breakdown of the parties that are going to bankroll the investment. Add in 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 Driving School Business.
Driving School Business Plan Page 2
Useful Driving School Resources
Driving School Marketing Plan | Driving School Equipment | Driving School Online
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