subject: Writing a curio shop business plan [print this page] Writing a curio shop business plan Writing a curio shop business plan
Your bookkeeping business plan is a document that describes your bookkeeping business with its objectives and shows how those objectives should be achieved.
It is a necessary tool for gathering finance, including - bank overdrafts, loans and venture capital.
The plan should be adapted for the potential lender or the investor. The content of the business plan ought to display the potential interests of the lender and persuade support for your bookkeeping business venture.
Your business plan isn't just for getting you the money you need - it's main objective should be to point the course in which your bookkeeping business is heading.
You must keep your financier's attention by making the paper as reader friendly as possible. Use easy, direct language and graphics to illustrate your ideas. Make sure your content reflects the encouraging approach of the management team. Then again, it is advisable to be realistic while presenting economic predictions.
You must cover the business's strengths as well as potential weaknesses and demonstrate how you aim to overcome weaknesses. Demonstrate you appreciate the risks involved and put forward doable solutions for overcoming these risks and bestow evidence to corroborate your statements. This will combine credibility to the business plan.
Make a lasting first impression by presenting the plan in a clear and professional approach by using an understandable, uncomplicated design that conveys a professional image and keep away from jargon, keeping the content concise and hard hitting. Any technical or supporting information ought to be provided in the appendices.
Keep all the numbers between the main body of the article and your appendices - if you put large sections of figures in the body of your article you'll distract your financier from the flow of the plan.
If you are creating a new business; you must give your reasons why you came up with the idea to start this new venture. Give advantages of your specific products or services that you expect to offer 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, justify 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 profitable market and make your backer a return on his or her money.
It is very important that your backer (if that is what your bookkeeping business plan is originally used for) believes in you and your team (if you have one). If you come to an backer having just thought..."wouldn't it be excellent to have my own bookkeeping business" - you're going to get laughed out the door. You must demonstrate your awareness and show your know-how and skill-sets as well as any other managers involved in the bookkeeping business. If you need any personnel highlight these in the appendices - it's fundamental that any critical roles in the bookkeeping business are ironed out before you meet your investor - if it is a key role you need for your bookkeeping business then you won't get the money you need.
