Tag: Plan

Top 10 Business Plan Templates You Can Download Free #business #from #home #ideas

#business plan template

#

Writing your business plan. Ughhhh.

It’s definitely not the most exciting part of starting a business. In fact, if you’re like a lot of entrepreneurs, you’re probably going to find yourself pulling a few all-nighters to get one done before heading into your first pitch for funding. Because that’s the thing–your business plan is a pretty important.

Any funder worth his or her salt wants to see it right off the bat. Moreover though, a solid business plan is a living document that will continue to guide your efforts as your business grows. Recently, I shared 18 Mistakes That Kill Startups. an infographic created by Mark Vital over at Funders and Founders.

A lot of those mistakes (most of them, in fact) are the result of poor planning. Bad location, a marginal niche, having no specific user in mind, raising too much or too little money–all of these issues can be prevented or at least mitigated with good planning.

Creating your business plan is more than just getting your ideas down on paper for potential funders to see. It’s an exploratory process in which you can evaluate your options, test your assumptions about your idea, and even discover new opportunities. It might even lead you to kill off aspects of your business before investing too much time or money in them.

That doesn’t mean you have to bust out Word and start the plan from scratch. A template is great–you probably aren’t doing anything that hasn’t been done before, so it provides a proven structure for your plan. Pretty much everything on it can be customized. Check out these comprehensive business plan templates you can download for free to get you started:

1. Score’s Business Plan Template for Startups

Score is an American nonprofit dedicated to helping entrepreneurs get their companies off the ground. Its template, available as a PDF or Word download, asks a whopping 150 questions and is generic enough to customize for most types of businesses. The Refining the Plan resource that comes with it is helpful, especially if this is your first crack at writing a business plan.

Editor’s Note: Looking for loan solutions for your business? If you would like information to help you choose the one that’s right for you, use the questionnaire below to have our partner, BuyerZone, provide you with information for free:

2. U.S. Small Business Administration Business Plan Engine

The SBA’s template is available to fill out online and then download as a PDF. You can go back in and edit it as needed, so don’t worry about having everything ready the first time you sit down to tackle it. Even broken into sections, it’s a long document and a bit of a slog to get through, but it produces a professional-looking and useful business plan. This is particularly helpful if your idea isn’t fully fleshed out and you know you have homework to do–it prompts you for information.

3. The $100 Startup’s One-Page Business Plan

Who said a business plan has to be a long, complicated document? Some funders are going to want to see a lot of detail, but you can provide that in appendices. The $100 Startup, the website for the best-selling book of the same name, has a ton of stripped-down resources for entrepreneurs, including this super simplified business plan template.

4. LawDepot’s WYSIWYG Business Plan Template

This one says you just have to answer a few simple questions and will be “done before you know it!” Don’t believe it. A business plan should take time and a lot of homework, but if you’ve already done that, LawDepot’s template is a decent choice. It walks you through getting started, marketing, product, competitive analysis, SWOT, and more, with a window below the input fields to show you the plan as you work away at it. You can download it free with a trial subscription, but you’ll have to remember to cancel it within the week if you don’t plan to continue using it.

5. SME Toolkit Business Plan Samples

The SME Toolkit, jointly offered by IFC and IBM, offers a simple two-page outline of what should be included in your business plan to meet the minimum requirements of funders and tax authorities (in the U.S.). It contains 10 broad sections, including market analysis, management and organization, etc. with a one-paragraph explanation of each. A second download on the same page is an Excel file to help with your financial projections.

6. Office Online Templates Galore

Of course, Microsoft offers a ton of business plan templates for Office users (you can get birthday invitations while you’re at it). If you’d rather do a business plan presentation than a Word doc, you can download one of Microsoft Office’s half a dozen or so PowerPoint templates for just that purpose. You’ll want to customize it with your company branding (you have your branding down, right?), but it’s easier than starting from a blank PPT.

7. vFinance Inc. Business Plan Template and Guide

Global financial services firm vFinance offers a basic, 30-page business plan template to download from its website–one the company says has been downloaded more than a quarter of a million times. No, it won’t be completely unique, but vFinance knows what it’s doing and the template is pretty comprehensive. VFinance is the creator of the massive Venture Capital Directory and has tailored the plan to appeal to funders. If that’s your goal, definitely check this one out.

8. Invoiceberry Templates for Word, Open Office, Excel, or PPT

U.K. online invoicing software brand Invoiceberry offers free business plan templates in .docx. odt. xlsx, and .pptx formats. Each one also contains a marketing plan and executive summary template. There’s a catch, though–the company asks you to take one of the following three actions before you can download the template: like it on Facebook, give it a +1 on Google+, or give it your email address. If you don’t mind doing that, it’s a good deal. Kudos to Invoiceberry for figuring out this effective lead-gen tactic too!

9. Santa Clara University’s My Own Business Institute Plans

Santa Clara U’s MOBI is an initiative of its Center for Entrepreneurship and Innovation at the Leavey School of Business. On the site, you can download each of the 15 business plan sections individually as Word documents, or grab all 15 together in one doc. There’s a ton of other helpful resources as well, including guidelines for evaluating your potential sites, a list of key people to review your plan, and sample financial sheets.

10. RocketLawyer’s Business Plan Templates by State

Like some of the others, you fill out RocketLawyer’s form and download the business plan when you’re done–but its template allows you to choose your state before getting started. These plans are tailored to meet your financing requirements in your state, which is a huge bonus for those seeking funding through banks. It’s also heavily geared toward financing, making it a good choice if that’s a priority for you.

Like this column? Sign up to subscribe to email alerts and you’ll never miss a post.

The opinions expressed here by Inc.com columnists are their own, not those of Inc.com.





Tags : , , , , , , , ,

Some analysts question whether Office Depot plan will rejuvenate company – Sun Sentinel #business

#office depot business

#

Some analysts question whether Office Depot plan will rejuvenate company

Office Depot plans to close 300 more stores

Office Depot announced Wednesday plans to close 300 more stores nationwide over three years. CEO Roland Smith said the company is making good progress despite the disruption from the year-and-a-half long merger attempt with Staples.

Office Depot announced Wednesday plans to close 300 more stores nationwide over three years. CEO Roland Smith said the company is “making good progress” despite the disruption from the year-and-a-half long merger attempt with Staples.

Marcia Heroux Pounds Contact Reporter

Office Depot stock gets bounce but long-term turnaround in question

One day after Office Depot CEO Roland Smith offered his first glimpse at how he intends to turn around the Boca Raton-based retailer, some industry analysts said they were, for the most part, not wowed by the plans.

They agreed, though, Smith had done what he had to do to boost Office Depot’s fallen stock.

Jefferies analyst Daniel Binder says Office Depot’s $250 million cost-savings plan, announced Wednesday, does little to really reinvent this company.

In his report on the retailer on Thursday, Binder said a second round of store closures 300 on top of the 400 already closed is, not surprisingly, part of the the new strategic plan.

Retail analyst David Marcotte said he also was not surprised by any of Smith’s cost-cutting or future plans. However, by initiating a dividend and announcing strategies that boosted the stock, Smith made a successful move to deal with investors in a very difficult market. At the end of the day, you have to take care of investors, Marcotte said.

Office Depot’s store of the future

Randy Vazquez / Sun Sentinel

Bethany Simpson, center, helps customers at the Office Depot in Margate on Wednesday. This location offers services such as professional printing and a business pro section that is designed to cater to business owners.

Bethany Simpson, center, helps customers at the Office Depot in Margate on Wednesday. This location offers services such as professional printing and a business pro section that is designed to cater to business owners.

(Randy Vazquez / Sun Sentinel)

Office Depot stock rose 6 percent on Wednesday and closed at $3.51, up 3 cents or 0.86 percent, on Thursday. The stock has a 52-week range of $3.11 to $8.09. In May, both Office Depot and Staples’ stocks plummeted after their failed merger.

Mike Baker, analyst with Deutsche Bank Research in New York, said in a report Thursday that Office Depot has a well thought-out and reasonable plan to improve their business trends. We think they are heading in the right direction.

Still, Deutsche maintains a hold on the stock because Office Depot continues to fight market-share losses that are leading to sales and profit declines. Jefferies also rates the stock a hold rating.

Beyond cost cutting, Office Depot also is launching Business Select, a special program to better serve small businesses; increasing its product line in janitorial and break-room supplies; and further investing in education-related sales.

Office Depot and Framingham-Mass.-based Staples ended their planned merger on May 16 after an 18-month challenge by regulators. A U. S. District Court judge gave the Federal Trade Commission a preliminary injunction to block the merger and Staples and Office Depot decided not to fight it.

Moving forward, Smith said one plan is to focus on smaller format stores with special services for small businesses and a curated selection of products. Four stores of the future have been rolled out, including one at 5500 W. Sample Road in Margate, he said.

Office Depot said it would expand the new format to 24 stores this year and 100 in 2017.

Marcotte said smaller stores are cheaper to run, with less labor, and easier to close if they don’t work out. The larger format stores that Office Depot currently has are expensive to close.

In its conference call Wednesday, Office Depot said it had expected a lower transfer rate of customers than the 30 percent it saw with the 400 stores it closed as of its second quarter.

While Office Depot swung to a quarterly profit compared with 2015’s second quarter loss, the retailer saw a 6 percent sales drop to $3.2 billion, compared with $3.4 billion in the same quarter in 2015.

Marcotte said rival Staples hasn’t instituted many changes since the merger failure, except dropping Staples Connect, its proprietary smart-home and office product. He said Staples already has smaller format stores.

Staples is scheduled to announce its second-quarter earnings on Aug. 17.

Longtime Staples CEO Ron Sargent stepped down June 14. Company veteran Shira Goodman was named interim CEO while executive recruiter Korn Ferry conducts a search for a permanent successor.

Office Depot lost one of its own top executives recently. Chief legal officer Elisa Garcia resigned, effective Aug. 17. Macy’s announced her appointment as its chief legal officer.





Tags : , , , , , , , , , , , ,

Car Wash Self-service Business Plan Sample – Company Summary #business #card #designs

#car wash business

#

Car Wash Self-service Business Plan

Company Summary

Auto Paradise is a dynamic start-up company that will provide exceptional car care services to the members of the San Angelo community. Quality services that exceed expectations will establish Auto Paradise as the premiere car wash service in San Angelo, Texas. It will provide that following products and services to the local community:

  1. Two Laser Automatic “touch-free and spot-free” car wash bays
  2. Four “self-serve” bays
  3. Vacuum and car wash vending services
  4. Reverse osmosis drinking water.

Auto Paradise will establish its first location one lot from the intersection of Avenue N and Byrant Avenue, which are two of the busiest streets in San Angelo. The lot faces Avenue N and will be accessible from two sides. The ATM and RO dispensers will be accessible from a side road and will not interfere with the car wash traffic.

The facility will have two automatic car wash bays, four self-serve bays and an equipment room/office in the middle of the bays. It will also have four high powered vacuum islands (eight total vacuums), vending area, and an ATM/RO water area.

2.1 Company Ownership

Mr. Lewallen will create Auto Paradise as a Texas C corporation based in Tom Green County. Mr. and Mrs. Lewallen will be the majority owners (80%) with principal investors owning the remaining 20%. As of this writing, it has not yet been chartered and Mr. Lewallen is still considering alternatives.

2.2 Start-up Summary

Total projected start-up expenses (including construction, equipment, land, landscaping and related start-up expenses) come to $934,100. The start-up costs are to be financed by direct owner investment and long term financing.

A. Investment Options. Auto Paradise will open approximately 90 days after securing financing. Mr. Lewallen is offering several ways to invest in Auto Paradise:

  1. Company stock: Mr. Lewallen is offering 20% of company stock to investors. Auto Paradise is offering 1% of company stock for $7,500. Capital will help establish the first Auto Paradise location and provide “head start” on the second location. Auto Paradise plans to distribute $2,500 per 1% share each of the first three years.
  2. Secured Investment: Mr. Lewallen is offering a guaranteed 10% return for a three year investment. Mr. Lewallen is willing to secure these investments with personal assets/investments.

B. Financing. The SBA loan that Mr. Lewallen will secure from the SBA is structured to ensure Auto Paradise’s success during the early months of operation. The $740,400 loan includes two elements designed to help build operating capital. First, the loan includes a 10% ($69,000) construction contingency that will convert to operating capital if the construction costs are consistent with the estimate. It also includes 9 months of interim interest which will defer the long-term mortgage payment for 9 months (6 months of operation).

C. Land. Auto Paradise is in the process of securing a lot near (one lot from corner) the intersection of Bryant Ave. and Avenue N, which are two of the busiest streets in San Angelo. The lot will be 165′ along Avenue N and 175′ deep. The purchase is pending the results of a phase I environmental inspection, which is expected to produce favorable results.

D. Construction. Getting a firm construction bid is the next step in the process after securing the initial investors. The architect plans and an actual bid will be the last elements necessary to secure bank financing. The estimates included are from previous projects and are considered generous (on the high-side). The estimated $390,000 includes total construction costs for two automatic and four self-serve bays, parking lot, signage, landscaping and architect fees.

E. Construction Contingency. The 10% construction contingency will cover any unexpected expenses or shortfalls. This may be re-negotiated as a “line of credit” in order to reduce the amount of the loan.

F. Equipment. Washing Equipment of Texas (WET) has provided a detailed estimate for the purchase and installation of the equipment for two automatic bays, four self-serve bays, four vacuum islands (eight vacuums) and a reverse osmosis water dispenser. WET, which is located in San Angelo, will also provide all maintenance and repair services.

The assumptions are shown in the following tables and chart.

Need actual charts?

We recommend using LivePlan as the easiest way to create graphs for your own business plan.





Tags : , , , , , , , ,

How to Write a Bakery Business Plan #business #school

#bakery business plan

#

Sugar and spice and everything nice that’s what bakeries are made of, right? The model looks easy enough when it seems like a new cupcake bakery opens every week.

Private research firm AnythingResearch.com listed bakeries and baked goods as its eighth fastest-growing industry hospitable to small business this year, saying “growth may be the result of people cutting back on larger entertainment expenses (e.g. vacations) and choosing instead to spend more on daily indulgences.”

Without the right recipe, however, dreams of getting a bakery off the ground could crumble like a cookie. This guide will show you how to perfect your recipe for success.

How to Write a Bakery Business Plan: Conduct a Market Study

There’s little doubt that bakeries are big. Bakeries, pastry shops, and bagel sellers are growing at a rate of 5 percent, according to AnythingResearch.com. To figure out if a bakery can provide you with a sweet payoff, however, you’ve got to have a plan.

Start with an in-depth market study that profiles the target customer base, current sales in the market area for the product category, pricing and product features of competitors, plans for differentiation in the proposed products and expected sales, recommends Kirk O’Donnell, vice president/education at the American Institute of Baking .

Next, after determining a research-based sales estimate, look at cost structure, which O’Donnell says starts with building and equipment. He suggests the following questions:

How much building space is needed?
What is the cost of the building space?
Do you need flexibility for expansion?
What is the specific equipment needed?
What is the cost of installation of equipment?
Will you need vehicles for transportation?

Once these costs are known, then costs of ingredients and packaging can be determined from sales projections and current commodity costs, O’Donnell said. But don’t forget staffing needs, transportation and distribution. Determine the number of people needed for production, sales, and their projected salary and benefits.

Finally, estimate all overhead costs and sources of income to help determine your required financing.

Sound like too much work? Maybe you can follow the route taken by Paul Sapienza, owner of Sapienza Bake Shop in upstate New York.

“I took over from my dad who didn’t ask for one,” he says, laughing.

How to Write a Bakery Business Plan: Software or Business Professional?

No need to worry about your lack of business school credentials. Online resources can assist in formulating your bakery business plan such as this sample on Bplans.com. The “Cupcakes Take the Cake” blog had an active discussion about a year ago featuring a video log of Cincinnati’s Funky Brick Bakery efforts to launch its business. And there’s software, such as Business Plan Pro, to help you along.

Neither O’Donnell nor Sapienza is completely sold on the software, however.

“The software that I have seen for bakery management normally focuses on inventory management, scheduling and record-keeping,” O’Donnell says. “In other words, (it’s) a help in managing a business, but not in writing a business plan.”

Sapienza, vice president of operations for the Retail Bakers of America. recommends paying a professional to write the plan or asking a b-school professor for advice.

Kevin VanDeraa, owner of Cupcake in Minneapolis, opted for a hybrid approach when developing his plan. He used software and took advantage of the local chapter of SCORE. which prides itself on being “counselors to America’s small businesses.”

“Partner with a small business association. There are a lot of free resources,” VanDeraa says. Most importantly, he suggests viewing the plan as an evolving document, not something to be filed away once the business gets going. “Go back to it and compare your estimates to your actuals,” he says, “and you’ll have a more realistic sense of how to move the company forward.”

Dig Deeper: How to Write a Great Business Plan

How to Write a Bakery Business Plan: What’s in a Name?

Never underestimate the pull of a good name.

When Adriano Lucas opened a New York City bakery called The Best Chocolate Cake in the World, the press, well, ate it up. The mini-chain, which only has one U.S. location, got mentions in both The New York Times and New York magazine before its grand opening in June. Hoards of hungry choco-holics consumed 400 cakes during opening weekend alone.

The key to a good name, according to BabyCakes NYC owner Erin McKenna, is one that strikes a good mix between “warmth and comfort.”

“The name needs to be short and immediately identifiable to the product, not trying to sound too girly or precious,” she said.

For VanDeraa, picking out the name was the hardest part.

“I wanted the name to convey both coffee shop and bakery, to imply you’re going to get both here,” he says. “I had to give it up for a while. I was just calling it ‘Minneapolis coffee shop.'”

Inspiration struck while he was having margaritas with friends. Cupcake was an immediate hit. “I was really lucky,” VanDeraa says. “It was before the trend.”

How to Write a Bakery Business Plan: Let Them Eat (cup)Cake?

Of course, VanDeraa is referring to the cupcakery explosion.

The much-hyped “Sex and the City” movie sequel helped to put cupcakes in the news again. Hello Cupcake in Washington, D.C. even had a cupcake/movie tie-in with specialty treats inspired by each character.

The popularity of cupcakes is good news for owners like McKenna, who opened her second vegan bakery, BabyCakes LA, in January. But even good news has its limits, she said.

“I don’t think cupcakes are the problem. The press swooning over them so much that people want to by nature reject them is the problem,” McKenna says. “If someone’s going to open up a cupcake bakery, I don’t think they should play up the adorability of it. Just have more a focus on the food.”

Van Deraa found in his market research that a standalone bakery concept didn’t appeal much to his target audience. They wanted soups and sandwiches, too, he said.

He adjusted his model. In addition to baked goods, Cupcake also serves breakfast all day, quiche, paninis, salads and soups. And six different categories of cupcakes simple, gourmet, premium, party line, baby and celebration.

The diverse offerings drive the business year-round, he says. In winter, customers come for the soup. Many come in daily for their morning coffee. Some have never even tasted the cupcakes, he said.

“It’s helped us as a business to have more offerings especially if there’s a diet fad,” he says, with a laugh. “That was a big stroke of luck.”

The bakery-and-restaurant model like Panera Bread and Dunkin Donuts is the more profitable model for most owners, Sapienza says.

“I’m aware that Mrs. Fields and Famous Amos started in the kitchen, but very few make the leap (to a successful business),” he says, adding that “cupcakes might be the exception to the rule.”

Whatever model you choose, don’t forget to add the following to your recipe: two cups of passion, an extra serving of hard work and an ounce of luck.





Tags : , , , , , ,

Business Plan Writers, Business Plan Consultant #stock #prices

#business plan writers

#

A Business Plan Company You Can Trust!

Wise Business PlansTM is dedicated to making the most of your business planning needs. We specialize in professional business plans written by accomplished MBA writers. Our mission is to write customized business plans at an affordable price. Business plans are being required for bank loans, investors, grants, venture capitalists, and even leasing office spaces. Our clients no longer have to worry about the complexities of becoming an expert business plan writer. Our MBA qualified writers take an entrepreneur s ideas and goals and put them into a tangible format that banking institutions and investors require.

Professional MBA writers

Our MBA writing staff allows us to match writers up with virtually any type of assignment or discipline.

Business Plan Funding

Our business plans have helped raise millions of dollars in funding for entrepreneurs across the globe.

Investor Grade Business Plan

Raising funds to support a business vision is one of the first and most daunting hurdles entrepreneurs face as they look to build a company. A Wise custom-crafted Investor Business Plan is tailor-made to showcase your startup or expansion concept as you work to acquire funding from investors. If you re looking to raise capital through venture capitalists (VCs), angel investors or private investors .

Bank Compliant Business Plan

The Small Business Administration (SBA) describes a business plan as a living document that serves as an essential roadmap to success. At Wise, we believe that to be true, and we ve seen, over and over, the difference a well-crafted SBA business plan can make. Writing and designing a plan to help our clients secure bank funding arguably one of the hardest parts of being a business owner is something we re committed to

Franchise Business Plan

Becoming a franchisee is a little like getting into a good college: You have to prove that admitting you into the brand family will benefit the company and that you will be an asset to not only its financial operations but its good reputation. A good franchise business plan demonstrates that you have an understanding of the corporate culture the franchiser has worked so hard to create.

Nonprofit 501 (c)(3) Business Plan

Nonprofits face unique challenges as they look to not just get funded but meet their objectives and serve those they are hoping to benefit. Building a strong nonprofit requires not only careful market research on many levels, including a deep understanding of both the client base and potential sources of continuing cash flow, but a long-term outline for achieving success.

L-1 Intracompany Transferee Business Plan

An Intracompany Transferee (L1) Visa allows your company to bring management talent from an affiliated foreign office to your U.S. facility, or to bring in management to create a U.S. branch.

E-2 Treaty Trader Business Plan

Obtaining an (E2) Treaty Investor Visa requires carefully presenting the facts about you and your business to USCIS in a clearly written, easy-to-follow business plan. Your plan should provide solid financial projections and clearly emphasize your qualifications.

EB-5 Immigrant Investor Business Plan

Drawing or bringing talent and needed services to the United States from around the world not only helps individual business owners but also bolsters the world economy. But the red-tape involved and the unique business challenges of such a venture can be daunting. Deciphering the different business-related visas is in itself an overwhelming task.

Pitch Deck

A custom written business proposal is written to pitch your product or services.

PowerPoint Presentation

Yours is the voice that speaks your business vision to the world. The way you present that vision how you describe it, the images you use to illustrate it is crucial to making the right kind of impression on important individuals like investors or potential clients. At Wise, we know a little something about sharing a vision. We ve lived and breathed the concepts and concerns of our clients for years.

Learn more about Wise Business Plans™

Wise Business Plans™ specializes in creating professionally written business plans for small business owners. Your business plan is custom written by accomplished MBA writers, researchers, and financial modelers, and graphically designed by experts. Whether you are just starting out, applying for a business loan, seeking funding from investors, or leasing a new location… let Wise Business Plans™ help create a roadmap for your success.

Don t just take our word for it, see what others are saying.

I would like to thank the folks at Wise Business Plans. I have spent a great deal of time searching for the right company to work with. I am very happy with the end result and will be recommending my colleges in the future. Much thanks and appreciation.

I wanted to say THANK YOU again for the hard word that you all put into my plan. It was certainly money well spent and I have already recommended your service to others. I have received funding for my business and I owe so much to you all for what you have done. The plan is amazing and I am forever grateful. Your customer service is impeccable and you always made me feel like a valued customer. I look forward to doing business with you in the future.

In a society where service is lacking, Wise Business Plans delivers. It was a pleasant surprise to work with an online company that takes customer service seriously. Your representatives were always there to answer my questions and take time to explain the process. Each deadline was always met on time. Thank you for expertise and professionalism.

It s unwise to pay too much, but it s worse to pay too little. When you pay too much, you lose a little money — that is all. When you pay too little, you sometimes lose everything, because the thing you bought was incapable of doing the thing it was bought to do. The common law of business balance prohibits paying a little and getting a lot — it can t be done. If you deal with the lowest bidder, it is well to add something for the risk you run, and if you do that you will have enough to pay for something better.
John Ruskin 1810-1900





Tags : , , ,

4 Tips on Building a Catering Business Plan #new #business #names

#catering business

#

Tasty tapas, enticing entrées, and delectable desserts – if the sounds of these dishes whet your career appetite, then employment in catering might be right for you. If, in addition to being a virtuoso in the kitchen, you’re an expert event organizer, then perhaps you can do more than just work for a catering company. That skillset is just what a catering business entrepreneur needs to be successful.

Launching your very own catering business can be incredibly rewarding but also requires a lot of hard work and careful planning. Before you start working on your catering business plan, make sure you take into consideration these four factors as advised by professional business plan writers .

Investing in Logistics is Key

Glossing over the logistics in your catering business plan won’t suffice. Being successful in the catering industry requires a keen understanding of the logistics involved in the delivery of your catered dishes. A simple miscommunication between you and a supplier, for instance, can result in a botched wedding and a very unhappy clientele. Therefore, invest in logistics technology that suits your needs and learn all there is to discover about lead times, transportation, handling, etc. These skills will go a long way in keeping your business afloat.

Reach out to Dependable Suppliers

Even if you have all your internal ducks in a row logistics-wise, having an unreliable supplier can just as easily doom your business as if you yourself were a shoddy caterer. This is especially true when the goods being supplied are food. Since you’ll be working with perishable items, stocking up your inventory for the long-term is not an option for the most part. You’ll need to partner with suppliers who can deliver fresh meat, fish, dairy, produce, and more in a timely fashion. Moreover, you’ll need suppliers that you can trust are handling and storing food safely and properly. A bout of food poisoning – though not caused by your kitchen – can ruin your business nevertheless. So, do your research and ask for references when you’re on the hunt for a dependable supplier.

Save on Space

Depending on the needs and requirements of your business, you might be able to save on rental or leasing costs. Instead of leasing a commercial space on your own, you can share it with another caterer to reduce overhead. Other options include working out of your home or renting a restaurant’s kitchen after closing. A little creativity in your catering business plan can go a long way to saving money!

Competing in the Catering World

According to IBISWorld. the catering industry in the U.S. is a $9 billion industry with over 11,000 businesses. Revenue growth is mediocre, however, with annual growth between 2009 and 2014 measuring only 2.0 percent. With the industry as a whole experiencing little growth, new entrants in the catering space have a difficult time getting their share of the catering pie. If you want to compete, finding a speciality might be your best option. For example, you may choose to cater solely for corporate parties and events. Likewise, you might become the first gluten-free or organic caterer in your city. By gaining insight into the industry on a national and local level, you’ll be more prepared to come up with a unique strategy for your catering business.

Creating a successful catering business plan does not have to be difficult, The Plan Writers can help your business flourish. Fill out our online form for more information on building your business.





Tags : , , , , , , ,

Import Export Business Plan Sample – Executive Summary #profitable #businesses

#import export business

#

Import Export Business Plan

Executive Summary

Introduction
It is the mission of Visigoth Imports to provide complete import/export brokerage services including purchase contracts, shipping, warehousing, and delivery scheduling. The company will concentrate on special and cultural imports from Germany and Scandinavia to the unique Bavarian town of Leavenworth, WA. Visigoth also plans to provide trade consultation services to newly started farms created under the Puget Consumers Co-op’s Farmland Fund initiative.

The Company
Visigoth Imports will be a limited liability partnership registered in the state of Delaware for tax purposes. Its founder is Mr. Frank Curtiss, a former master distributor with Fisher-Mills. Mr. Curtiss has brought together a highly respected group of individuals who are well versed in foreign trade processes.

The company has a limited number of private investors and does not plan to go public. The company has its main offices in Wenatchee, Washington. The facilities include conference rooms and office spaces. The company expects to begin offering its services in June.

The Services
Visigoth offers complete import/export brokerage services plus inventory consulting services. As mentioned previously, this includes the following:

  • Supplier/buyer identification
  • Purchasing, contracting and consulting
  • Shipping
  • Warehousing
  • Delivery

It must be noted that Visigoth does not posess any warehousing facilities and intends to outsource this particular service. We expect to earn revenues by charging a commission based on the value of goods moved per order.

The Market
Visigoth will be concentrating on servicing just two types of clients, the gift shops of Leavenworth, Washington, and the farmers of the Puget Consumers Co-op (PCC). For both market segments, we have secured exclusive contracts or endorsements putting us in a unique position to service these niche firms and their needs.

Profitability in these two markets is expected to be excellent, especially in the import section as Leavenworth draws in over a million tourists each year. We expect profitability in the co-op end to be much slower in the first five years of operation, but it too will increase steadily.

Financial Considerations
Start-up assets required include expenses and cash needed to support operations until revenues reach an acceptable level. Most of the company’s liabilities will come from outside private investors and management investment, however, we have obtained current borrowing from Bank of America Commercial Investments, the principal to be paid off in two years. A long-term loan through Charter Bank of Nieurich will be paid off in ten years.

The company expects to reach profitability in year 2 and does not anticipate any serious cash flow problems. We expect that about 3,500 units per month will guarantee a break-even point.

Need actual charts?

We recommend using LivePlan as the easiest way to create graphs for your own business plan.

1.1 Mission

It is the mission of Visigoth Imports to provide complete import/export consultation and brokerage services including purchase contracts, shipping, warehousing, and delivery. The company will concentrate on special and cultural imports from Germany and Scandinavia to the unique Bavarian town of Leavenworth, WA. Visigoth also plans to export apples and other produce by newly started farms created under the Puget Consumers Co-op’s Farmland Fund initiative.

It is our long-term goal to become the preferred import company for the unique tourist town of Leavenworth. Visigoth understands that the import shops and restaurants in Leavenworth have special needs of most unique gifts for the million tourists that visit the town annually. Visigoth Imports also understands that the newly launched farms of the PCC farmland fund initiative also have higher costs than most competitors and will need to export their produce at a cost that provides sufficient profit. Visigoth Imports has a combined 35 years of experience working in the import/export business. Our philosophy is in creating a long-term relationship with clients so that the delivery of their products becomes a seamless experience that promotes loyalty.

1.2 Keys to Success

Visigoth Imports’ keys to long-term and profitability are as follows:

  • Differentiate our services to our niche clients so that they realize that we are better able to serve their needs than a more generic competitor.
  • Keeping close contact with clients and establishing a well functioning long-term relationship with them to generate repeat business and create a top notch reputation.
  • Establish a comprehensive service experience for our clients that includes consultation, product/client search, purchasing contracts, warehousing, shipping, delivery, and follow up service analysis.

1.3 Objectives

The three year goals for Visigoth Imports are the following:

  • Achieve break-even by year 2.
  • Retain our long-term contracts with local import shops in Leavenworth, WA, through excellent customer service.
  • Become the premier importer of German and Scandinavian specialty products in Leavenworth, and become the prime exporter of apples and other produce for the farmers of the PCC Farmland Fund initiative.

Your business plan can look as polished and professional as this sample plan. It’s fast and easy, with LivePlan.





Tags : , , , , , , ,

Cafe Bistro Coffeehouse Business Plan Sample – Executive Summary #at #home #business

#restaurant business plan

#

Cafe Bistro Coffeehouse Business Plan

Executive Summary

The Watertower is a full-service restaurant/cafe located in the Sweet Auburn District of Atlanta. The restaurant features a full menu of moderately priced “comfort” food influenced by African and French cooking traditions, but based upon time honored recipes from around the world. The cafe section of The Watertower features a coffeehouse with a dessert bar, magazines, and space for live performers.

The Watertower will be owned and operated by The Watertower LLC, a Georgia limited liability corporation managed by David N. Patton IV, a resident of the Empowerment Zone. The members of the LLC are David N. Patton IV (80%) and the Historic District Development Corporation (20%).

This business plan offers financial institutions an opportunity to review our vision and strategic focus. It also provides a step-by-step plan for the business start-up, establishing favorable sales numbers, gross margin, and profitability.

This plan includes chapters on the company, products and services, market focus, action plans and forecasts, management team, and financial plan.

Need actual charts?

We recommend using LivePlan as the easiest way to create graphs for your own business plan.

1.1 Objectives

  1. Sales approaching and surpassing $1.9 million by the end of the first year.
  • Targeting and maintaining a net profit of at least 14% by the second year.

  • To cultivate monthly sales to reach $167,000 by the end of the fourth month of operation, and $220,000 monthly by the end of the first year of operation.
  • 1.2 Mission

    The Watertower concept is built upon the success stories of Atlanta’s many casual dining and coffeehouse venues. Located in the Sweet Auburn District of Atlanta adjacent to the Studioplex on Auburn residential loft development, The Watertower will provide accessible and affordable high quality food, coffee-based products, and entertainment to the thousands of residents and hotel visitors located within a five-mile radius. In time, The Watertower will establish itself as a “destination” of choice to the many residents of the greater Atlanta metropolitan area, as well as numerous out-of-town visitors.

    The establishment will provide a “complete, high-quality” evening experience for those searching for something that is rapidly becoming popular among Atlanta diners. Not only will patrons be able to dine on “comfort” food based upon time honored recipes from the world over, they will do so in a facility containing ample patio space for a favorite pastime of Atlanta’s residents: alfresco dining. Patrons will also have the option of enjoying coffee, desserts, and live entertainment in The Watertower’s coffeehouse or, a relaxed game of bocci in the gardens located adjacent to the patio space.

    The cafe’s aim is simple. It will provide a completely sophisticated, sensual, yet casual dining and/or coffeehouse experience for the many Atlantans and visitors who frequent the city’s casual dining spots and entertainment venues. It will be an affordable venture for patrons, one that will encourage them to return on many occasions. The menu will feature hearty fare of the type that is frequently out of the reach of the typical young professional. out of reach because time frequently prevents her/him from cooking hearty meals like those featured on our menu.

    Finally, and quite significantly, The Watertower will provide a much needed neighborhood-based retail food operation that is currently unavailable to the southern end of Atlanta’s Old Fourth Ward neighborhood. Not only is it projected that the business will generate 21 new jobs, the partnership responsible for creating The Watertower will generate additional revenue specifically dedicated to assisting the Historic District Development Corporation in its efforts to bring affordable housing, new jobs, and commercial activity to the Old Fourth Ward.

    1.3 Keys to Success

    The keys to success in this business are:

  • Product quality: Food, coffee-based beverages, and entertainment are our products. They must be of the high quality and value.

  • Service: Our patrons are paying to have a good time. Their experience will suffer if service is not of the highest caliber. Each member of the staff will be courteous, efficient, and attentive.

  • Marketing: We will need to target our audience early and often. While the business is located in a central and accessible location, many people will have to be re-introduced to the neighborhood surrounding the Martin Luther King National Historic Site and Auburn Avenue.

  • Management: We will need to have a firm grasp on food, beverage, and labor costs. The dining/entertainment/coffeehouse experience must be delivered in a fashion that will not only inspire repeat business, but encourage word-of-mouth recommendations to others. Proper inventory, employee management, and quality control is key.
  • Your business plan can look as polished and professional as this sample plan. It’s fast and easy, with LivePlan.





    Tags : , , , , , , , ,

    Bakery Business Plan Sample – Executive Summary #business #licence

    #restaurant business plan

    #

    Bakery Business Plan

    Executive Summary

    Jolly’s Java and Bakery (JJB) is a start-up coffee and bakery retail establishment located in southwest Washington. JJB expects to catch the interest of a regular loyal customer base with its broad variety of coffee and pastry products. The company plans to build a strong market position in the town, due to the partners’ industry experience and mild competitive climate in the area.

    JJB aims to offer its products at a competitive price to meet the demand of the middle-to higher-income local market area residents and tourists.

    JJB is incorporated in the state of Washington. It is equally owned and managed by its two partners.

    Mr. Austin Patterson has extensive experience in sales, marketing, and management, and was vice president of marketing with both Jansonne Jansonne and Burper Foods. Mr. David Fields brings experience in the area of finance and administration, including a stint as chief financial officer with both Flaxfield Roasters and the national coffee store chain, BuzzCups.

    The company intends to hire two full-time pastry bakers and six part-time baristas to handle customer service and day to day operations.

    Products and Services

    JJB offers a broad range of coffee and espresso products, all from high quality Columbian grown imported coffee beans. JJB caters to all of its customers by providing each customer coffee and espresso products made to suit the customer, down to the smallest detail.

    The bakery provides freshly prepared bakery and pastry products at all times during business operations. Six to eight moderate batches of bakery and pastry products are prepared during the day to assure fresh baked goods are always available.

    The retail coffee industry in the U.S. has recently experienced rapid growth. The cool marine climate in southwest Washington stimulates consumption of hot beverages throughout the year.

    JJB wants to establish a large regular customer base, and will therefore concentrate its business and marketing on local residents, which will be the dominant target market. This will establish a healthy, consistent revenue base to ensure stability of the business. In addition, tourist traffic is expected to comprise approximately 35% of the revenues. High visibility and competitive products and service are critical to capture this segment of the market.

    JJB expects to raise $110,000 of its own capital, and to borrow $100,000 guaranteed by the SBA as a ten-year loan. This provides the bulk of the current financing required.

    JJB anticipates sales of about $491,000 in the first year, $567,000 in the second year, and $655,000 in the third year of the plan. JJB should break even by the fourth month of its operation as it steadily increases its sales. Profits for this time period are expected to be approximately $13,000 in year 1, $36,000 by year 2, and $46,000 by year 3. The company does not anticipate any cash flow problems.

    Need actual charts?

    We recommend using LivePlan as the easiest way to create graphs for your own business plan.

    1.1 Mission

    JJB aims to offer high quality coffee, espresso, and pastry products at a competitive price to meet the demand of the middle- to higher-income local market area residents and tourists.

    1.2 Keys to Success

    Keys to success for JJB will include:

    Providing the highest quality product with personal customer service.





    Tags : , , , , , ,