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Free Antique Auto Parts and Service Business Plan
If you are starting an Antique Auto Parts and Service business then it is practical for you to write down an Antique Auto Parts and Service business plan. If you need capital for your business this will assist you with it and even if you are fortunate to have an adequate amount of funds to start-up your own business then a business plan will benefit you in your business approach. This will increase the probability of your business being a hit, which cannot be a bad thing.
Your plan ought to contain the following...
Antique Auto Parts and Service Executive Summary
Your Antique Auto Parts and Service executive summary ought to be written at the end (although must show at the top of your plan) subsequent to you having done all the ground work in preparation of your business plan - it is after all meant to be an outline of your business. This is the page that ought to grab the attention of the reader and make them know what your Antique Auto Parts and Service business is about. Generally speaking it should present the person who reads it 3 years highlights of your business or longer if you carry out a more long term business plan - i.e. when the investor(s) are likely to start seeing some profit on their investment. The Antique Auto Parts and Service executive summary ought to point out the main protagonists who are available to assist manage the business and generate the takings for the investors and if any extra management will be needed in the process. Click here for more free advice on how to write your executive summary.
Antique Auto Parts and Service Objectives
As the executive summary commonly includes the breakdown of the first three years - your objectives must as well be set out for your first 3 years of operation - this may be a small number or might be much more comprehensive - it's wholly up to you, but having unrealistic goals to realize for your Antique Auto Parts and Service business in an unrealistic timeframe will put possible investors off considerably than them being impressed at your lofty objectives.Read more about business objectives.
Antique Auto Parts and 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 should be to sell it! If you can build your Antique Auto Parts and Service business up to sell it at the same time as keeping some shares then you will have done well. To achieve your ultimate mission you will most likely require some smaller missions - these could be to attain a certain income, to reach a certain amount of clients, to trade 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 Antique Auto Parts and Service business is going to be a success - if you cannot think of anything to put in writing here then you are relying on a lot of luck. Even if your response is in simple terms 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 proof especially if you are looking for funding in your Antique Auto Parts and Service business.
Company Summary
Here you ought to compose a simple arrangement of your business over the next three years unless you have a long term plan.
Company Ownership
Basically write who is going to own the Antique Auto Parts and Service 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 someone to have possession of part of a company but have no say in how that company is run. You need to say 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 Antique Auto Parts and Service business going to be trading from and why are you going to be trading from this position - you may perhaps not be capable of giving pinpoint address at this early stage but you ought to narrow it down as much as you can, as obviously this will have a considerable impact on your company. It is as a rule simple to get premises for any Antique Auto Parts and Service business particularly 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 Antique Auto Parts and Service Business.
Before you can plug any products or services you ought to record exactly all of the equipment you are going to require and if you are going to require any funds in order to pay for all of these things. You may need to change your start-up summary depending on your fiscal condition - so you may well have a preference for certain Antique Auto Parts and Service equipment although not be able to have enough money for it until you have sold a few units of product / service.
Antique Auto Parts and Service Start-Up Costs
This is a upfront record of things you need to buy or things you can bring into the company if you already be in possession of them before your Antique Auto Parts and Service business can begin operating. If you do not have adequate cash you ought to also incorporate who is going to make available this capital to get your Antique Auto Parts and Service business going.
Visit this page for more typical start up costs.
Antique Auto Parts and Service Investment
If you don't have adequate capital you should include the complete investment you are going to need and moreover involve the breakdown of the parties that are going to finance the investment. Add in 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 Antique Auto Parts and Service Business.
Antique Auto Parts and Service Business Plan Page 2
Useful Antique Auto Parts and Service Resources
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