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Free Water Heater Repair Service Business Plan
If you are starting a Water Heater Repair Service business then it is sensible for you to write down a Water Heater Repair Service business plan. If you want finance for your company this will help you with it and even if you are lucky to have enough money to start-up your own business then a business plan will help you in your business strategy. This will enhance the odds of your business being a success, which cannot be a bad thing.
Your plan ought to contain the following...
Water Heater Repair Service Executive Summary
Your Water Heater Repair Service executive summary ought to be written at the end (even though it must occur at the top of your plan) following the ground work in preparation of your business plan - it is after all meant to be a digest of your business. This is the page that should grab the interest of the reader and make them grasp what your Water Heater Repair Service business is regarding. Generally speaking it ought to present the reader 3 years highlights of your business or longer if you comprise a more long term business plan - i.e. when the backer(s) are liable to start seeing some come back on their investment. The Water Heater Repair Service executive summary ought to state the chief protagonists who are going to assist run the business and generate the income for the investors and if any new management will be required in the process. Click here for more free advice on how to write your executive summary.
Water Heater Repair Service Objectives
As the executive summary regularly includes the breakdown of the first three years - your objectives must also be set out for your first three years of operation - this may be a handful or could be to a great extent more complete - it is entirely down to you, on the contrary having unrealistic goals to accomplish for your Water Heater Repair Service business in an unrealistic timeframe will put likely investors off considerably than them being impressed at your grand objectives.Read more about business objectives.
Water Heater Repair Service 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 get bought out! If you can build your Water Heater Repair Service business up to sell it whilst keeping a number of shares then you will have achieved victory. To attain your ultimate mission you will most likely need a quantity of smaller missions - these could be to reach a certain turnover, to reach a certain amount of patrons, to sell 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 Heater Repair Service business is going to be a triumph - if you cannot think of anything to record here then you are without hope. Even if your answer is just 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 substantiation in particular if you are looking for investment in your Water Heater Repair Service business.
Company Summary
Here you ought to put in writing a simple arrangement of your business over the next 3 years unless you have a long term plan.
Company Ownership
Just record who is going to own the Water Heater Repair Service business and allocation of share ownership and voting rights for and allocation of share ownership and voting rights for the shares - it is fairly common for someone to own part of a company but hold no voice in how that company is run. You must disclose 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 Water Heater Repair Service business going to be trading from and why are you going to be trading from this place - you may well not be able to give a pinpoint address at this young stage but you need to narrow it down as much as you can, as clearly this will have a significant impact on your business. It's by and large easy to get premises for any Water Heater Repair Service business more than ever 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 Heater Repair Service Business.
Before you can push any products or services you ought to write down accurately all of the things you are going to need and if you are going to require any capital in order to pay for all of these items. You might need to play down your start-up summary depending on your fiscal circumstances - so you may well prefer selected Water Heater Repair Service equipment although not be capable of purchasing it until you have sold several units of product / service.
Water Heater Repair Service Start-Up Costs
This is a simple record of things you need to buy or stuff you can bring into the company if you already be in possession of them before your Water Heater Repair Service business can begin operating. If you don't have adequate capital you should also add in who is going to offer this resource to get your Water Heater Repair Service business going.
Visit this page for more typical start up costs.
Water Heater Repair Service Investment
If you don't have enough capital you ought to add in the whole investment you are going to require and in addition include 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 Heater Repair Service Business.
Water Heater Repair Service Business Plan Page 2
Useful Water Heater Repair Service Resources
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