subject: writing a PC repair business plan [print this page] writing a PC repair business plan writing a PC repair business plan
Your PC repair business plan is a record that defines your PC repair business with its objectives and shows how those objectives ought to be achieved.
It is a crucial tool for getting finance, as well as - bank overdrafts, loans and venture capital.
If you have a unique investor in mind you must manufacture it to their necessities or else how are you going to get any cash out of them if what you produce in your business plan is polar opposite of what they have in mind for a PC repair business
Once complete,your PC repair business plan also provides a powerful tool for monitoring the forward movement of the PC repair business. It will help you to conentrate on the objectives set up in the PC repair business plan.
You must keep your investor's attention by making the document as reader friendly as possible. Use unpretentious, direct language and graphics to illustrate your ideas. Make sure your text reflects the optimistic approach of the management team. Nonetheless, it is advisable to be realistic when presenting financial predictions.
Take a crack at making the plan as upbeat as possible but don't shy away from any palpable troubles there may well be in setting up your PC repair business as your investor will more than likely think of them anyway; so if you can get their firstly and counter the likely questions before they think of them so much the better.
Lay out your business plan in a reasonable way along with clear and accurate headings - don't be afraid to fritter away paper - start new headings on a clean fresh piece of paper - it will make the document look more authoritative and make it easy to find stuff for your investor.
Economic projections will be shown between the main body of the plan and the appendices. P&L statements, Balance Sheets, Cash-flow forecasts etc. should be given in a separate section of schedules. This will ensure everything is contained in the business plan without sacrificing the flow of the narrative.
If your business is a new venture then give background information as to why you intend to start it. Affirm the substantial advantages of your product or service. Point to probable markets and explain your pricing policy and promotion strategies. Identify the competition and outline your proposals for dealing with it. Be positive and succinct.
It is most important that your investor (if that's what your PC repair business plan is in the beginning used for) believes in you and your group (if you have one). If you come to an investor having just had a brain wave..."wouldn't it be fantastic to have my own PC repair business" - you're going to get laughed out the door. It's important to demonstrate your expertise and show your knowledge and skill-sets as well as any other managers concerned in the PC repair business. If you need any employees highlight these in the appendices - it's very important that any significant roles in the PC repair business are ironed out before you meet your financier - if it is a fundamental role you have need of for your PC repair business then you will not get the capital you need.
