Free Water Bed Store Business Plan
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Free Water Bed Store Business Plan

If you are starting a Water Bed Store business then it is wise for you to write down a Water Bed Store business plan. If you need money for your business this will help you with it and even if you are lucky to have an adequate amount of capital to set up your own business then a business plan will help you in your business approach. This will boost the probability of your business being a success, which cannot be a bad thing.

Your plan should consist of the following...

Water Bed Store Executive Summary

Your Water Bed Store executive summary should be written last once you have done all the ground work in preparing your business plan - it is after all meant to be a digest of your business. This is the page that ought to grab the attention of the reader and make them understand what your Water Bed Store business is about. Commonly it ought to give the reader three years highlights of your business or longer if you comprise a more long term business plan - i.e. when the financier(s) are expected to start seeing some proceeds on their investment. The Water Bed Store executive summary should state the chief protagonists who are going to assist run the business and generate the profits for the investors and if any additional management will be needed in the process. Click here for more free advice on how to write your executive summary.

Water Bed Store Objectives

As the executive summary regularly includes the breakdown of the first three years - your objectives should also be set out for your first three years of operation - this may well be a small number or may well be much more comprehensive - it's totally up to you, on the contrary having unrealistic goals to complete for your Water Bed Store business in an unrealistic timeframe will put likely investors off considerably than them being impressed at your noble objectives.Read more about business objectives.

Water Bed Store 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 should be to get bought out! If you can build your Water Bed Store business up to sell it whilst retaining some shares then you will have achieved success. To reach your last mission you will almost certainly require several smaller missions - these may well be to attract a certain income, to attain 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 ought to tell people how and why your Water Bed Store business is going to be a winner - if you cannot think of anything to put in writing here then you are relying on a lot of luck. Even if your solution is simply that you are going to work harder than the next person - 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 Water Bed Store business.

Company Summary

Here you should write down a simple construct of your business over the next three years unless you have a long term plan.

Company Ownership

In basic terms put in writing who is going to own the Water Bed Store business and allocation of share ownership and voting rights for and allocation of share ownership and voting rights for the shares - it's quite regular for somebody to be in possession of part of a company but have no say in how that business is run. You must disclose 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 Water Bed Store business going to be trading from and why are you going to be trading from this location - you might not be capable of giving pinpoint address at this primitive stage but you have to narrow it down as much as you can, as obviously this will have a critical effect on your company. It is more often than not effortless to get premises for any Water Bed Store business particularly 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 Water Bed Store Business.

Before you can plug any services or products you ought to record precisely all of the items you are going to need and if you are going to require any money in order to pay for all of these items. You might need to alter your start-up summary depending on your monetary situation - so you may desire specific Water Bed Store equipment although not be able to come up with the money for it until you have sold several units of product / service.

Water Bed Store Start-Up Costs

This is a uncomplicated inventory of stuff you need to buy or things you can bring into the company if you already own them before your Water Bed Store business can begin operating. If you don't have adequate capital you ought to also add in who is going to present this money to get your Water Bed Store business going.

Visit this page for more typical start up costs.

Water Bed Store Investment

If you don't have adequate capital you ought to add in the whole investment you are going to need and in addition involve the breakdown of the parties that are going to bankroll the investment. Include the equity being given away to fund this or loan agreements in order to finance the contract. 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 Water Bed Store Business.

Water Bed Store Business Plan Page 2

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