Generally speaking, I recommend having ten sections to your business plan. The purposes of these sections boil down to the following five purposesSetting the StageThe executive summary sets the stage for the entire plan to come, while the company overview gives readers a more in-depth idea of where the company is, how it got there, who it consists of, and what it sells. These two sections provide readers with a basic idea of what the business is...more
The need to stay in touch with all the happenings be it from the world of business, political, sports or entertainment, is increasing with every passing day. People yearn for the news update as they unfold. This aspect of news coverage was not there in the past with people depending quite heavily on either print or electronic media. Now-a-days the scenario has changed a lot with the advent of internet. People can stay updated by switching to a...more
Finding the job that you want leading to the Career Prospects that seem like only a dream right now can be really tough in todays economy. There are millions of people going through the same rough times and looking everywhere that they can think of and doing whatever they can to make things better. The stress sometimes has the power to greatly discourage job and career seekers, but there is help available.Because of the internet, you can now find more assistance in helping with the job search. In fact, you can find employment on the other side of the world if you want that. There are opportunities that you would never believe possible. You can find everything from teaching English in Japan, Thailand, or even online; starting your own legitimate home based business; finding contracting work and relocating to other areas of the world for short or long periods of time, and many other options. Some of these require Resumes, while others do not. It depends on the field that you prefer.When you are starting a career that allows you to work at home, then you will need a lot of drive and motivation. It is easy to become lazy and let things slip or allow other tasks to distract you ...more
An important decision both for your salon's business plan and to precede any renovations on the salon space itself, is the design of the interior layout of the salon. Consider the following concepts whether you design the space yourself or work with a designer or architect.Waiting SpaceIf you have projected the customers you will serve per day (and...more
The choice of services for your salon should be described early in your salon business plan so as to be clear to readers what the salon will do for customers. As the term "salon" includes hair salons, nail salons, spa salons, beauty salons, and more, the service options for your business are wide and depend on your expertise and these...more
Of the many decisions a retail store entrepreneur has to make, these three stand out as essential to the eventual success of the store.Store Layout DesignWhen designing the interior layout of the store, begin with consideration of the customer experience you would like to create. While some might say that the purpose of a store layout design is to maximize potential shelf space and the products that can be displayed, this may not be in the best interest of your store. Apple Store locations, for example, have a layout focused on open space and product demonstrations, with shelves featuring products seeming to be an afterthought. These store are designed to support the image of Apple as a fun and aspirational brand, whether or not purchases occur during a customer's visit to the store.Your layout must include consideration of legal and safety concerns amidst business decisions about shelf space, customer flow, and register location. Laws govern the number and accessibility of exits, width of passageways and availability of bathrooms. Consult with an experienced designer or reputable resources before opening to make sure you have taken these type of rules into consideration.Waiting...more
Creating the business plan for your spa is a great opportunity to look ahead past the pre-launch and fundraising phase, which is probably all you can think about at the moment. The operations plan requires an understanding of the key operations...more
When opening your own coffee shop, think deeply about the specific neighborhood you are in and methods that might work for you to reach customers. Some of these may be methods other coffee shops, bars, and restaurants have used, and others may occur...more
Quality assurance is an important element of the used car business, and your methods should be explained in your business plan. Used car dealers must be able to know that the cars they sell are sellable to keep a positive reputation in the community...more
Putting together your management team for your catering business requires you to take stock of where your expertise really lies. The skill sets and workloads required of the sales and operations aspects of the catering business are such you will...more
A business consultant launching his or her own business has the chance to choose the competition they will face by choosing the type of services they will offer. Whatever your choice, this information makes its way into the business plan in the...more
Author: Andrew RogersonBuying or selling a business is a major step for all entrepreneurs. It comes with obvious financial risk which everyone understands and prevents many would-be-entrepreneurs from starting their journey. However, an element...more