Free Technology Company Business Plan
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Free Technology Company Business Plan

If you are starting a Technology Company business then it is wise for you to write down a Technology Company business plan. If you need capital for your company this will assist you with it and even if you are lucky to have enough capital to set up your own business then a business plan will benefit you in your business approach. This will increase the chances of your business being a hit, which cannot be a bad thing.

Your plan ought to consist of the following...

Technology Company Executive Summary

Your Technology Company executive summary should be written last once you have done all the ground work in preparing your business plan - it is after all intended to be a summary of your business. This is the page that should grab the awareness of the reader and make them realize what your Technology Company business is concerning. By and large it ought to give the person who reads it 3 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 yield on their investment. The Technology Company executive summary ought to refer to the main leading roles who are going to assist run the business and produce the takings for the investors and if any additional management will be required in the process. Click here for more free advice on how to write your executive summary.

Technology Company Objectives

As the executive summary typically includes the breakdown of the first 3 years - your objectives should in addition be set out for your first 3 years of operation - this can be a handful or might be to a large extent more thorough - it's entirely down to you, nevertheless having unrealistic goals to complete for your Technology Company business in an unrealistic timeframe will put possible investors off rather than them being impressed at your elevated objectives.Read more about business objectives.

Technology Company Mission

A number of people see objectives and mission as the same thing but they aren't - 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 Technology Company business up to sell it whilst retaining a quantity of shares then you will have done well. To grasp your last mission you will probably require some smaller missions - these may perhaps be to reach a certain amount of earnings, to reach a certain quantity of patrons, to push 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 Technology Company business is going to be a winner - if you cannot think of anything to record here then you are without hope. Even if your answer is purely that you are going to work harder than the next guy - then at least that is something...but you will need to back it up with some evidence especially if you are looking for funding in your Technology Company business.

Company Summary

Here you should put in writing a simple construction of your business over the next three years unless you have a long term plan.

Company Ownership

Simply record who is going to own the Technology Company business and allocation of share ownership and voting rights for and allocation of share ownership and voting rights for the shares - it's fairly common for someone to have possession of part of a business but hold no say in how that business is run. You must say if the company is a limited company, private, public or if you are a sole trader.

Not sure which business structure to go for?

Location(s) and facilities

Where is your Technology Company business going to be trading from and why are you going to be trading from this position - you might not be able to give a pinpoint address at this early stage but you need to narrow it down as much as you can, as clearly this will have a crucial impact on your business. It is by and large straightforward to get premises for any Technology Company business particularly in this climate with so many businesses going out of business, but getting the suitable 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 Technology Company Business.

Before you can promote any services or products you ought to write down exactly all of the equipment you are going to need and if you are going to require any money in order to pay for all of these items. You might need to tone down your start-up summary depending on your economic situation - so you may well prefer certain Technology Company equipment however not be capable of buying it until you have sold several units of product / service.

Technology Company Start-Up Costs

This is a simple list of things you need to buy and stuff you can bring into the business if you previously have possession of them before your Technology Company business can come into being. If you do not have sufficient funds you ought to also include who is going to provide this money to get your Technology Company business going.

Visit this page for more typical start up costs.

Technology Company Investment

If you do not have adequate money you should enter the complete investment you are going to need and additionally include the breakdown of the parties that are going to fund the investment. Include 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 Technology Company Business.

Technology Company Business Plan Page 2

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