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Free Information Technology Business Plan
If you are starting an Information Technology business then it is sensible for you to put in writing an Information Technology business plan. If you require money for your company this will help you with it and even if you are lucky to have an adequate amount of money to start-up your own business then a business plan will benefit you in your business strategy. This will boost the probability of your business being a hit, which cannot be a bad thing.
Your plan should include the following...
Information Technology Executive Summary
Your Information Technology executive summary should be written last after you have done all the ground work in preparation of your business plan - it is after all intended to be a summation of your business. This is the page that will grab the attention of the reader and make them appreciate what your Information Technology business is about. Commonly 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 investor(s) are liable to start seeing some yield on their investment. The Information Technology executive summary ought to declare the major protagonists who are ready to assist run the business and produce the income 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.
Information Technology Objectives
As the executive summary commonly includes the breakdown of the first three years - your objectives should as well be set out for your first 3 years of operation - this might be a small number or may perhaps be much more exhaustive - it's wholly up to you, on the contrary having unrealistic goals to complete for your Information Technology business in an unrealistic timeframe will put possible investors off considerably than them being impressed at your admirable objectives.Read more about business objectives.
Information Technology Mission
A number of 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 should be to sell it! If you can build your Information Technology business up to sell it at the same time as keeping some shares then you will have achieved success. To reach your fundamental mission you will in all probability require a quantity of smaller missions - these may well be to reach a certain amount of earnings, to reach a certain quantity of clients, to push 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 tell people how and why your Information Technology business is going to be a winner - if you cannot think of something to write here then you are relying on a lot of luck. Even if your remedy 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 will need to back it up with some attestation especially if you are looking for investment in your Information Technology business.
Company Summary
Here you ought to put in writing a simple configuration of your business over the next 3 years unless you have a long term plan.
Company Ownership
Just note down who is going to own the Information Technology business and allocation of share ownership and voting rights for and allocation of share ownership and voting rights for the shares - it is quite normal for somebody to have possession of part of a business but hold no say in how that business is run. You must express 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 Information Technology business going to be trading from and why are you going to be trading from this place - you may perhaps 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 clearly this will have a powerful effect on your company. It is usually straightforward to get premises for any Information Technology business specially 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 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 Information Technology Business.
Before you can push any services or products you ought to record accurately all of the things you are going to need and if you are going to need any funds in order to pay for all of these items. You may well need to modify your start-up summary depending on your financial situation - so you may well prefer specific Information Technology equipment although not be able to find the money for it until you have sold a few units of product / service.
Information Technology Start-Up Costs
This is a basic list of things you need to buy and things you can bring into the business if you previously be in possession of them before your Information Technology business can come into being. If you don't have sufficient money you ought to also include who is going to grant this capital to get your Information Technology business going.
Visit this page for more typical start up costs.
Information Technology Investment
If you don't have adequate money you should incorporate the total investment you are going to require and furthermore include the breakdown of the parties that are going to finance 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 Information Technology Business.
Information Technology Business Plan Page 2
Useful Information Technology Resources
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