subject: Writing a florist business plan [print this page] Writing a florist business plan Writing a florist business plan
Your florist business plan is a record that describes your florist business with its objectives and shows how those objectives ought to be achieved.
It is an essential tool for getting finance, as well as - bank overdrafts, loans and venture capital.
The plan should be customized for the potential lender or the investor. The content of the business plan should replicate the possible interests of the lender and persuade support for your florist business venture.
Your business plan isn't just for getting you the money you need - it's main objective ought to be to indicate the route in which your florist business is going.
You must keep your investor's attention by making the article as reader friendly as possible. Use simple, direct language and graphics to illustrate your points. Make sure your copy reflects the positive approach of the management team. On the other hand, it is advisable to be realistic whilst presenting monetary predictions.
You must cover the business's strengths and weaknesses and show how you aim to overcome weaknesses. Explain you understand the risks involved and recommend probable solutions for overcoming these risks and offer evidence to support your statements. This will combine credibility to the florist business plan.
Make a sound first impression by presenting the document in a clear and professional manner by using an understandable, simple design that conveys a professional image and steer clear of jargon, keeping the contents concise and hard hitting. Any technical or supporting information should be provided in the appendices.
Economic projections will be shown between the main body of the business plan and the appendices. P&L statements, Balance Sheets, Cash-flow forecasts etc. ought to be given in a separate section of documents. This will ensure everything is contained in the plan without destroying the flow of the narrative.
If you are creating a new business; it's important you explain why you came up with the idea to start this new venture. Give advantages of your unique products or services that you expect to present to potential clients stating how you plan to get their business. Give particulars of the market sector whether it's a growing sector or not, elucidate your pricing policy and how you intend to push your goods/services. Highlight any opposition out there and how you plan to compete in this money-spinning market and make your financier a return on his or her money.
Stress the knowledge and achievements of you and your management team and show how their skills can be harnessed to secure growth possibilities and profitability. Give information on enrollment necessities including CVs for senior management in the Appendices and, if applicable, an organisation chart to illustrate the management arrangement.
