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Free Greeting Card Shop Business Plan
If you are setting up a Greeting Card Shop business then it is practical for you to put pen to paper a Greeting Card Shop business plan. If you require money for your business this will help you with it and even if you are lucky to have sufficient money to set up your own business then a business plan will support you in your business stratagem. This will boost the probability of your business being a triumph, which cannot be a bad thing.
Your plan ought to consist of the following...
Greeting Card Shop Executive Summary
Your Greeting Card Shop executive summary should be written at the end (although should be found at the top of your plan) subsequent to you having 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 will grab the interest of the reader and make them be familiar with what your Greeting Card Shop business is about. Generally speaking it ought to present the person who reads it 3 years highlights of your business or longer if you come up with a more long term business plan - i.e. when the shareholder(s) are to be expected to start seeing some earnings on their investment. The Greeting Card Shop executive summary should refer to the chief leading roles who are available to help run the business and produce the profits 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.
Greeting Card Shop Objectives
As the executive summary by and large includes the breakdown of the first three years - your objectives should as well be set out for your first three years of operation - this can be a small number or might be a great deal more meticulous - it's wholly down to you, but having unrealistic goals to complete for your Greeting Card Shop business in an unrealistic timeframe will put likely investors off rather than them being impressed at your haughty objectives.Read more about business objectives.
Greeting Card Shop Mission
Various people see objectives and mission as identical things but they are not - 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 Greeting Card Shop business up to sell it at the same time as keeping a quantity of shares then you will have done well. To grasp your ultimate mission you will most likely need some smaller missions - these may perhaps be to reach a certain revenue, to reach a certain number of customers, to wholesale 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 Greeting Card Shop business is going to be a hit - if you cannot think of something to enter here then you are relying on a lot of luck. 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 proof especially if you are looking for investment in your Greeting Card Shop business.
Company Summary
Here you should compose a simple configuration of your business over the next 3 years unless you have a long term plan.
Company Ownership
In simple terms record who is going to own the Greeting Card Shop 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 somebody to be the owner of part of a company but hold no voice in how that business is run. You must express 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 Greeting Card Shop business going to be trading from and why are you going to be trading from this locality - you may perhaps not be capable of giving pinpoint address at this primitive stage but you need to narrow it down as much as you can, as clearly this will have a critical effect on your company. It is usually easy to get premises for any Greeting Card Shop business especially in this climate with so many businesses folding, 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 Greeting Card Shop Business.
Before you can promote any services or products you need to write down accurately all of the equipment you are going to require and if you are going to require any investment in order to pay for all of these things. You may well need to adapt your start-up summary depending on your economic situation - so you may well prefer specific Greeting Card Shop equipment nevertheless not be able to have the funds for it until you have sold several units of service / product.
Greeting Card Shop Start-Up Costs
This is a uncomplicated list of things you need to buy and stuff you can bring into the business if you already own them before your Greeting Card Shop business can start the ball rolling. If you don't have adequate money you ought to also add in who is going to offer this capital to get your Greeting Card Shop business going.
Visit this page for more typical start up costs.
Greeting Card Shop Investment
If you don't have enough funds you ought to enter the complete investment you are going to require and additionally involve 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 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 Greeting Card Shop Business.
Greeting Card Shop Business Plan Page 2
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