 |
 |
|
|
 |
Free Bicycle Business Plan
If you are starting a Bicycle business then it is prudent for you to put pen to paper a Bicycle business plan. If you require capital for your company this will assist you with it and even if you are lucky to have sufficient funds to start-up your own business then a business plan will benefit you in your business approach. This will boost the odds of your business being a hit, which cannot be a bad thing.
Your plan should embrace the following...
Bicycle Executive Summary
Your Bicycle executive summary should be written last subsequent to you having done all the ground work in preparation of 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 interest of the reader and make them comprehend what your Bicycle business is regarding. By and large it ought to give the reader three years highlights of your business or longer if you produce a more long term business plan - i.e. when the backer(s) are liable to start seeing some profit on their investment. The Bicycle executive summary should state the key leading roles who are ready to assist manage the business and produce the income for the investors and if any additional management will be needed in the procedure. Click here for more free advice on how to write your executive summary.
Bicycle Objectives
As the executive summary more often than not includes the breakdown of the first three years - your objectives should in addition be set out for your first 3 years of operation - this can be a small number or might be to a great extent more in depth - it is entirely down to you, on the contrary having unrealistic goals to achieve for your Bicycle business in an unrealistic timeframe will put possible investors off rather than them being impressed at your grand objectives.Read more about business objectives.
Bicycle Mission
A number of 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 Bicycle business up to sell it whilst keeping a quantity of shares then you will have done well. To attain your last mission you will almost certainly require a quantity of smaller missions - these could be to attract a certain income, to reach a certain number 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 need to tell people how and why your Bicycle business is going to be a success - if you cannot think of anything to enter here then you are without hope. Even if your solution is purely 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 attestation especially if you are looking for investment in your Bicycle business.
Company Summary
Here you should put in writing a basic configuration of your business over the next 3 years unless you have a long term plan.
Company Ownership
Simply note down who is going to own the Bicycle business and allocation of share ownership and voting rights for and allocation of share ownership and voting rights for the shares - it is reasonably common for somebody to have possession of part of a company but hold no say in how that company is run. You need to reveal 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 Bicycle 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 have to narrow it down as much as you can, as clearly this will have a profound effect on your company. It is more often than not straightforward to get premises for any Bicycle business especially in this climate with so many businesses folding, but getting the right 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 Bicycle Business.
Before you can plug any services or products you ought to write down accurately all of the items you are going to need and if you are going to need any money in order to pay for all of these things. You may well need to adapt your start-up summary depending on your economic position - so you may well have a preference for certain Bicycle equipment although not be able to have enough money for it until you have sold several units of product / service.
Bicycle Start-Up Costs
This is a simple list of stuff you need to buy and things you can bring into the business if you already be in possession of them before your Bicycle business can begin working. If you don't have adequate funds you ought to also add in who is going to provide this resource to get your Bicycle business going.
Visit this page for more typical start up costs.
Bicycle Investment
If you do not have sufficient capital you ought to add in the full amount of investment you are going to need and what's more include the breakdown of the parties that are going to fund the investment. Incorporate 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 Bicycle Business.
Useful Bicycle Resources
Bicycle Marketing Plan | Bicycle Equipment | Bicycle Online
Find a different business plan...