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Free Golf Driving Range Business Plan
If you are starting a Golf Driving Range business then it is sensible for you to write down a Golf Driving Range business plan. If you require money for your business this will help you with it and even if you are blessed to have sufficient funds to start-up your own business then a business plan will help you in your business approach. This will improve the odds of your business being a hit, which cannot be a bad thing.
Your plan ought to involve the following...
Golf Driving Range Executive Summary
Your Golf Driving Range executive summary should be written last after you have done all 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 should grab the attention of the reader and make them know what your Golf Driving Range business is concerning. Commonly it should give the person who reads it three years highlights of your business or longer if you carry out a more long term business plan - i.e. when the financier(s) are likely to start seeing some revenue on their investment. The Golf Driving Range executive summary ought to point out the major leading roles who are going to help manage the business and generate the profits for the investors and if any extra management will be needed in the process. Click here for more free advice on how to write your executive summary.
Golf Driving Range Objectives
As the executive summary generally includes the breakdown of the first 3 years - your objectives should also be set out for your first 3 years of operation - this may be a handful or may perhaps be a good deal more in depth - it is wholly up to you, but having unrealistic goals to reach for your Golf Driving Range business in an unrealistic timeframe will put possible investors off considerably than them being impressed at your lofty objectives.Read more about business objectives.
Golf Driving Range Mission
A number of 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 get bought out! If you can build your Golf Driving Range business up to sell it whilst keeping some shares then you will have achieved success. To accomplish your definitive mission you will in all probability need several smaller missions - these might be to attract a certain revenue, to attain a certain number of clients, 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 ought to advise people how and why your Golf Driving Range business is going to be a triumph - if you cannot think of something to record here then you are doomed. Even if your answer is in simple terms that you are going to put more effort in than the next guy - 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 Golf Driving Range business.
Company Summary
Here you ought to compose a basic construction of your business over the next three years unless you have a long term plan.
Company Ownership
Just put in writing who is going to own the Golf Driving Range business and allocation of share ownership and voting rights for and allocation of share ownership and voting rights for those shares - it's quite common for someone to have possession of part of a business but have no say in how that company is run. You must express 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 Golf 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 near the beginning stage but you need to narrow it down as much as you can, as obviously this will have a critical effect on your company. It's more often than not effortless to get premises for any Golf Driving Range business markedly in this climate with so many businesses going out of business, but getting the correct 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 Golf Driving Range Business.
Before you can plug 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 require any funds in order to pay for all of these items. You may need to tone down your start-up summary depending on your monetary position - so you may perhaps prefer certain Golf Driving Range equipment however not be capable of buying it until you have sold a few units of product / service.
Golf Driving Range Start-Up Costs
This is a straightforward record of things you need to buy or things you can bring into the company if you previously own them before your Golf Driving Range business can start working. If you do not have adequate capital you should also incorporate who is going to present this wealth to get your Golf Driving Range business going.
Visit this page for more typical start up costs.
Golf Driving Range Investment
If you don't have adequate capital you should include the whole investment you are going to require and in addition 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 arrangement. 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 Golf Driving Range Business.
Golf Driving Range Business Plan Page 2
Useful Golf Driving Range Resources
Golf Driving Range Marketing Plan | Golf Driving Range Equipment | Golf Driving Range Online
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