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Free Auto Repair Store Business Plan
If you are setting up an Auto Repair Store business then it is wise for you to put in writing an Auto Repair Store business plan. If you need finance for your business this will help you with it and even if you are fortunate to have sufficient capital to start-up your own business then a business plan will support you in your business approach. This will increase the odds of your business being a success, which cannot be a bad thing.
Your plan ought to consist of the following...
Auto Repair Store Executive Summary
Your Auto Repair Store executive summary ought to be written last as soon as you have done all the ground work in preparing your business plan - it is after all meant to be a summing up of your business. This is the page that ought to grab the awareness of the reader and make them comprehend what your Auto Repair Store 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 return on their investment. The Auto Repair Store executive summary should declare the key leading roles who are going to assist run the business and produce the returns for the investors and if any additional management will be required in the procedure. Click here for more free advice on how to write your executive summary.
Auto Repair Store Objectives
As the executive summary commonly includes the breakdown of the first three years - your objectives should in addition be set out for your first 3 years of operation - this could be a small number or may well be a good deal more complete - it's completely up to you, however having unrealistic goals to realize for your Auto Repair Store business in an unrealistic timeframe will put possible investors off considerably than them being impressed at your admirable objectives.Read more about business objectives.
Auto Repair Store 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 sell it! If you can build your Auto Repair Store business up to sell it at the same time as keeping a quantity of shares then you will have done well. To accomplish your last mission you will almost certainly require a quantity of smaller missions - these could be to attain a certain turnover, to attain a certain quantity 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 advise people how and why your Auto Repair Store business is going to be a triumph - if you cannot think of anything to write here then you are doomed. 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 evidence in particular if you are looking for funding in your Auto Repair Store business.
Company Summary
Here you should write a basic construct of your business over the next three years unless you have a long term plan.
Company Ownership
Simply write who is going to own the Auto Repair Store business and allocation of share ownership and voting rights for and allocation of share ownership and voting rights for those shares - it's fairly widespread for someone to hold part of a company but have no voice in how that company is run. You need to 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 Auto Repair Store business going to be trading from and why are you going to be trading from this place - you might not be able to give a pinpoint address at this near the beginning stage but you ought to narrow it down as much as you can, as obviously this will have a powerful effect on your business. It is as a rule simple to get premises for any Auto Repair Store business markedly in this climate with so many businesses going out of business, but getting the proper 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 Auto Repair Store Business.
Before you can push any services or products you ought to record exactly all of the things you are going to need and if you are going to need any resources in order to pay for all of these things. You may possibly need to moderate your start-up summary depending on your monetary condition - so you may have a preference for selected Auto Repair Store equipment although not be capable of buying it until you have sold a few units of service / product.
Auto Repair Store Start-Up Costs
This is a up-front record of things you need to buy and stuff you can bring into the business if you previously have possession of them before your Auto Repair Store business can come into being. If you do not have adequate money you should also add in who is going to provide this capital to get your Auto Repair Store business going.
Visit this page for more typical start up costs.
Auto Repair Store Investment
If you don't have enough capital you ought to incorporate the total investment you are going to require and additionally involve 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 arrangement. 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 Auto Repair Store Business.
Auto Repair Store Business Plan Page 2
Useful Auto Repair Store Resources
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