When people marry theyve usually spent several months and even years dating before walking down the aisle.But when hiring employees -- another extremely close and long-term relationship -- employers usually only meet with a potential employee a handful of times before deciding to bring that person aboard. And, lets be honest, spending a few hours with someone is sometimes a poor way to make an employment decision.Workplace fraud and violence and...more
Of the many components of a business plan, a few of the most important to get right are the marketing plan, the management team description, and the financial plan. These sections are where the entrepreneur has a chance to show readers how the business will reach its customers, who the business will be run by and how they are qualified, and the financial results expected from the venture. Marketing PlanThe marketing plan must relate directly to...more
By seeking out a sample business plan or template for your child care business you can successfully shortcut the writing process, saving a significant amount of time and money in the long-run.Sample PlansSecuring a sample plan specific to the child care business may be a tricky task. One way would be to contact successful child care centers in other states, specifically because they are not direct competitors of yours. Ask the owner if they raised money from the use of their business plan and if they would be willing to send you a copy so you can consider the structure they worked with. You will have to convince them of your intention to use this information to launch a non-competitive business, and they may want you to sign a legal document to that intent if they hear you out.TemplatesGetting your hands on a real sample plan may take a fair amount of time and still leave you uncertain of whether it was the plan which had a direct impact on the business's success or if there were other variables involved. You can be more certain of the relevance of a template created by a business plan company. Ideally, this template will be more than an outline and give an idea of what the...more
When writing your construction companys business plan, describe what systems you will have in place to potentially manage multiple projects at the same time. Certainly, you dont want a situation where you have a great number of employees and pieces of equipment sitting idle between projects. However, you would like to not lose business as it comes...more
If you will need to raise outside money to fund your financial planning practice, writing a business plan is a must. In that business plan, you certainly must show that you have the financial experience to be able to advise clients to make wise decisions or to make sound investments on their behalf. However, showing your personal experience is not...more
A key to any bar's success is having experienced, friendly, and attractive bartenders. This article provides specific areas you should pay attention to while in the bar business planning phase. Bar Design The proper bar design is important to create a space where experienced bartenders can see themselves working long hours. Pay attention to the ergonomics of the space - bartending involves many repetitive motions which can be tiring for a bartender over time. Consider how the most commonly used liquors, garnishes, glasses, and supplies can all be placed within easy reach for the bartender. Also consider the aesthetics of the space, including not only what customers can see, but what only someone behind the bar can see. Everything else being equal, if it is an ugly place to work, bartenders will prefer working at another bar. Compensation When you first open, business will likely be slow until locals find you and slowly become regulars. Until that time, the best bartenders will not be satisfied working for minimum wage and tips alone. You will have to pay a comfortable hourly rate if you need to have experienced staff at this point. Plan ahead for how salary will decrease...more
How to reach your intended constituents with your non profit's services is no mere afterthought for a non profit founder. These are some marketing methods to plan for and to describe in the marketing section of your non profit business plan. ...more
The old real estate mantra "location, location, location" applies just the same to your retail store. Here are three ways location can help or hurt your new business.Street VisibilityCreating the best street visibility for your retail store will...more
Finding a sample clothing store business plan to base your own on or at least to read over first, can set you on the right foot for a number of reasons.The Big PictureBy looking at a sample clothing store business plan before creating your own, you...more
Opening your own bakery should be a moment of pride and accomplishment. However, there are pitfalls which can derail this great moment. Look out for these common mistakes:Starting Financial Planning With Start-Up CostsWhen financial planning, start...more
What is my Company's Structure? The corporate structure of your restaurant business is integral to its success because it can affect the environment your company operates in, and even has legal implications that can limit your company's liability. ...more
Purple, heared dressed moorland, rushing rivers, wide and open landscapes; obscure tors shape up the landscape of Dartmoor. But it is only one small part of the big picture, the place offers bogs, rolling valleys, waterfalls, wetlands, ancient...more