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Free Bagel Shop Business Plan
If you are starting a Bagel Shop business then it is sensible for you to write a Bagel Shop business plan. If you require finance for your company this will help you with it and even if you are lucky to have enough money to set up your own business then a business plan will be of assistance to you in your business strategy. This will improve the probability of your business being a success, which cannot be a bad thing.
Your plan ought to include the following...
Bagel Shop Executive Summary
Your Bagel Shop executive summary ought to be written last 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 will grab the interest of the reader and make them know what your Bagel Shop business is about. Commonly it ought to present the reader three years highlights of your business or longer if you comprise a more long term business plan - i.e. when the investor(s) are expected to start seeing some revenue on their investment. The Bagel Shop executive summary should reference the major leading roles who are going to help run the business and generate the takings for the investors and if any new management will be needed in the procedure. Click here for more free advice on how to write your executive summary.
Bagel Shop Objectives
As the executive summary generally includes the breakdown of the first 3 years - your objectives should as well be set out for your first 3 years of operation - this may well be a small number or may well be to a large extent more complete - it is completely down to you, although having unrealistic goals to reach for your Bagel Shop business in an unrealistic timeframe will put likely investors off considerably than them being impressed at your admirable objectives.Read more about business objectives.
Bagel Shop 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 Bagel Shop business up to sell it whilst retaining a number of shares then you will have done well. To grasp your final mission you will almost certainly require some smaller missions - these could be to attract a certain amount of earnings, to attain a certain number 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 need to tell people how and why your Bagel Shop business is going to be a success - if you cannot think of anything to enter here then you are without hope. Even if your remedy is just that you are going to work harder than the next person - then at least that is something...but you'll need to back it up with some substantiation especially if you are looking for funding in your Bagel Shop business.
Company Summary
Here you should compose a basic configuration of your business over the next 3 years unless you have a long term plan.
Company Ownership
Plainly put in writing who is going to own the Bagel Shop 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 have possession of part of a business but hold no say in how that company is run. You must display 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 Bagel Shop business going to be trading from and why are you going to be trading from this location - you may not be able to give a pinpoint address at this primitive stage but you need to narrow it down as much as you can, as obviously this will have a significant effect on your company. It is generally easy to get premises for any Bagel Shop business specially in this climate with so many businesses folding, but getting the correct 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 Bagel Shop Business.
Before you can plug any services or products you ought to write down accurately all of the things you are going to require and if you are going to need any resources in order to pay for all of these things. You may require to moderate your start-up summary depending on your monetary position - so you might have a preference for certain Bagel Shop equipment however not be capable of purchasing it until you have sold a few units of product / service.
Bagel Shop Start-Up Costs
This is a simple inventory of things you need to buy or stuff you can bring into the company if you already have possession of them before your Bagel Shop business can begin operating. If you do not have sufficient funds you ought to also incorporate who is going to grant this money to get your Bagel Shop business going.
Visit this page for more typical start up costs.
Bagel Shop Investment
If you don't have sufficient cash you ought to include the total investment you are going to need and furthermore involve the breakdown of the parties that are going to finance the investment. Incorporate 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 Bagel Shop Business.
Bagel Shop Business Plan Page 2
Useful Bagel Shop Resources
Bagel Shop Marketing Plan | Bagel Shop Equipment | Bagel Shop Online
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