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Free Bodyguard Business Plan
If you are setting up a Bodyguard business then it is practical for you to put pen to paper a Bodyguard business plan. If you need money for your company 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 help you in your business stratagem. This will increase the probability of your business being a hit, which cannot be a bad thing.
Your plan should contain the following...
Bodyguard Executive Summary
Your Bodyguard executive summary ought to be written at the end (even though it must appear first in your plan) after you have done all the ground work in preparing your business plan - it is after all meant to be an outline of your business. This is the page that ought to grab the interest of the reader and make them understand what your Bodyguard business is about. Generally speaking it ought to give the reader 3 years highlights of your business or longer if you possess a more long term business plan - i.e. when the financier(s) are liable to start seeing some benefit on their investment. The Bodyguard executive summary should point out the main protagonists who are available to assist manage the business and generate the profits 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.
Bodyguard Objectives
As the executive summary more often than not includes the breakdown of the first 3 years - your objectives must in addition be set out for your first three years of operation - this may be a small number or may possibly be a great deal more thorough - it is wholly down to you, but having unrealistic goals to reach for your Bodyguard business in an unrealistic timeframe will put likely investors off rather than them being impressed at your noble objectives.Read more about business objectives.
Bodyguard 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 get bought out! If you can build your Bodyguard business up to sell it whilst keeping a number of shares then you will have achieved success. To attain your definitive mission you will in all probability need some smaller missions - these may perhaps be to attract a certain amount of earnings, to reach a certain amount of customers, to wholesale 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 advise people how and why your Bodyguard business is going to be a winner - if you cannot think of something to put in writing here then you are without hope. Even if your response is just that you are going to put more effort in than the next person - then at least that is something...but you'll need to back it up with some attestation in particular if you are looking for funding in your Bodyguard business.
Company Summary
Here you ought to write down a simple structure of your business over the next three years unless you have a long term plan.
Company Ownership
Basically record who is going to own the Bodyguard business and allocation of share ownership and voting rights for and allocation of share ownership and voting rights for those shares - it's relatively common for somebody to hold part of a business but hold no say in how that business is run. You must reveal 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 Bodyguard business going to be trading from and why are you going to be trading from this locality - you may well not be capable of giving pinpoint address at this young stage but you need to narrow it down as much as you can, as obviously this will have a considerable impact on your business. It's as a rule simple to get premises for any Bodyguard business particularly in this climate with so many businesses folding, 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 Bodyguard Business.
Before you can promote any products or services you need to record precisely all of the equipment you are going to need and if you are going to need any capital in order to pay for all of these items. You may well need to play down your start-up summary depending on your economic position - so you may desire certain Bodyguard equipment but not be capable of purchasing it until you have sold several units of service / product.
Bodyguard Start-Up Costs
This is a straightforward record of stuff you need to buy and stuff you can bring into the company if you previously have possession of them before your Bodyguard business can come into being. If you do not have enough money you ought to also include who is going to grant this money to get your Bodyguard business going.
Visit this page for more typical start up costs.
Bodyguard Investment
If you do not have sufficient funds you ought to incorporate the total investment you are going to need and moreover include the breakdown of the parties that are going to finance the investment. Include 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 Bodyguard Business.
Bodyguard Business Plan Page 2
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