Free Driveway Business Plan
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Free Driveway Business Plan

If you are setting up a Driveway business then it is sensible for you to write down a Driveway business plan. If you require finance for your company this will assist you with it and even if you are lucky to have enough capital to start-up your own business then a business plan will be of assistance to you in your business strategy. This will enhance the odds of your business being a success, which cannot be a bad thing.

Your plan should embrace the following...

Driveway Executive Summary

Your Driveway executive summary ought to be written last following 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 should grab the awareness of the reader and make them appreciate what your Driveway business is about. Generally speaking it ought to give the person who reads it 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 expected to start seeing some profit on their investment. The Driveway executive summary ought to reference the major leading roles who are going to assist manage the business and produce the profits 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.

Driveway Objectives

As the executive summary as a rule includes the breakdown of the first three years - your objectives must in addition be set out for your first 3 years of operation - this may perhaps be a small number or possibly will be to a large extent more complete - it is entirely down to you, on the contrary having unrealistic goals to accomplish for your Driveway business in an unrealistic timeframe will put possible investors off considerably than them being impressed at your grand objectives.Read more about business objectives.

Driveway 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 ought to be to get bought out! If you can build your Driveway business up to sell it whilst retaining a number of shares then you will have done well. To achieve your final mission you will most likely require several smaller missions - these may perhaps be to attract a certain turnover, to attain a certain number of customers, to wholesale 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 ought to advise people how and why your Driveway business is going to be a hit - if you cannot think of something to put in writing here then you are without hope. Even if your answer is purely that you are going to put more effort in than your competitor - then at least that is something...but you will need to back it up with some substantiation especially if you are looking for funding in your Driveway business.

Company Summary

Here you ought to write a basic construct of your business over the next three years unless you have a long term plan.

Company Ownership

In simple terms note down who is going to own the Driveway business and allocation of share ownership and voting rights for and allocation of share ownership and voting rights for the shares - it's fairly widespread for someone to hold part of a company but have 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 Driveway business going to be trading from and why are you going to be trading from this spot - 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 clearly this will have a critical impact on your company. It is as a rule straightforward to get premises for any Driveway business particularly 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 Driveway Business.

Before you can sell any products or services you ought to write down exactly all of the things you are going to require and if you are going to require any money in order to pay for all of these things. You may possibly require to change your start-up summary depending on your fiscal condition - so you may well prefer certain Driveway equipment however not be able to have enough money for it until you have sold a few units of service / product.

Driveway Start-Up Costs

This is a basic inventory of stuff you need to buy or stuff you can bring into the business if you already be the owner of them before your Driveway business can come into being. If you don't have sufficient funds you should also incorporate who is going to provide this resource to get your Driveway business going.

Visit this page for more typical start up costs.

Driveway Investment

If you don't have enough money you ought to incorporate the total investment you are going to need and furthermore involve the breakdown of the parties that are going to fund the investment. Take account of 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 Driveway Business.

Driveway Business Plan Page 2

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