Free Welding Business Plan
Site Search

Free Welding Business Plan

If you are starting a Welding business then it is sensible for you to write down a Welding business plan. If you want capital for your business this will assist you with it and even if you are lucky to have enough money to set up your own business then a business plan will assist you in your business strategy. This will increase the chances of your business being a hit, which cannot be a bad thing.

Your plan ought to include the following...

Welding Executive Summary

Your Welding executive summary ought to be written at the end (although must be found first in your plan) as soon as you have done all the ground work in preparing your business plan - it is after all intended to be a summing up of your business. This is the page that ought to grab the attention of the reader and make them comprehend what your Welding business is about. Commonly it should give the reader three years highlights of your business or longer if you possess a more long term business plan - i.e. when the backer(s) are apt to start seeing some proceeds on their investment. The Welding executive summary ought to reference the chief leading roles who are available to assist run the business and produce the proceeds for the investors and if any extra management will be required in the process. Click here for more free advice on how to write your executive summary.

Welding Objectives

As the executive summary frequently includes the breakdown of the first three years - your objectives must as well be set out for your first three years of operation - this might be a handful or possibly will be a good deal more comprehensive - it's wholly up to you, although having unrealistic goals to attain for your Welding business in an unrealistic timeframe will put likely investors off rather than them being impressed at your elevated objectives.Read more about business objectives.

Welding Mission

Some 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 get bought out! If you can build your Welding business up to sell it whilst retaining a number of shares then you will have done well. To attain your fundamental mission you will almost certainly need a quantity of smaller missions - these may be to reach a certain turnover, to attain a certain number of clients, to sell a certain number 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 Welding business is going to be a winner - if you cannot think of anything to record here then you are without hope. Even if your response is just that you are going to work harder than your competitor - then at least that is something...but you'll need to back it up with some confirmation especially if you are looking for investment in your Welding business.

Company Summary

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

Company Ownership

In simple terms note down who is going to own the Welding business and allocation of share ownership and voting rights for and allocation of share ownership and voting rights for the shares - it's reasonably common for somebody to hold part of a company but hold no voice in how that company is run. You must say 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 Welding business going to be trading from and why are you going to be trading from this position - you may not be capable of giving pinpoint address at this near the beginning stage but you ought to narrow it down as much as you can, as clearly this will have a major effect on your business. It is by and large straightforward to get premises for any Welding business especially in this climate with so many businesses going out of business, but getting the right 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 Welding Business.

Before you can promote any services or products you ought to record exactly all of the items you are going to need and if you are going to require any investment in order to pay for all of these items. You may perhaps require to revise your start-up summary depending on your financial circumstances - so you might have a preference for certain Welding equipment however not be able to find the money for it until you have sold a few units of service / product.

Welding Start-Up Costs

This is a upfront inventory of stuff you need to buy or stuff you can bring into the business if you previously be in possession of them before your Welding business can start the ball rolling. If you don't have sufficient cash you ought to also include who is going to offer this money to get your Welding business going.

Visit this page for more typical start up costs.

Welding Investment

If you do not have adequate capital you should add in the full amount of investment you are going to require and also include the breakdown of the parties that are going to bankroll the investment. Incorporate the equity being given away to fund this or loan agreements in order to finance the deal. 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 Welding Business.

Welding Business Plan Page 2

Custom Search

Useful Welding Resources

Welding Marketing Plan | Welding Equipment | Welding Online

Find a different business plan...

Home-0-A-B-C-D-E-F-G-H-I-J-K-L-M-N-O-P-Q-R-S-T-U-V-W-X-Y-Z