Wednesday, 16 October 2013

How To Design A Business Plan Sample

By Teresa T. Vaughn


A lot of people go online to find free business plan samples to "save time" so that they don't have to "do all the writing". My advice is watch out.Your plan is supposed to be your plan! My experience with the pre-written plans is that most people get lazy with them. After they cut and paste their business name in and do a little customizing of the first few pages, they tend to skip changing the rest. This defeats the purpose of doing a business plan in the first place which is to help you plan (it's in the name, right?) how your business is going to operate successfully.
Click Here To Download a [Business Plan Sample]


Features Of A Business Plan: Introduction: The plan's introduction is where your business explains the service and/or product you will offer. The introduction will make the business stand out, above any other potential threat to offering the same or similar service. The Business: This section of the plan will describe the board members, key players, and a brief introduction or summary about the company history. There will be discussion on percentages of ownership, how many employees there are, and where the company is located. If this is a new business, this section will be brief; but if it a free sample business plan and outline of a company that has been in existence, this section may cover past successes and achievements.

The products and services: This section of the free sample business plan is a detailed description of what product and/or service is offered. Specifics in this part of the free sample business plan are the key. For example, instead of the free sample business plan reading "ABC offers clothing", the plan would state, "AMC offers designer children's clothing for children ages birth to 8 years old at highly discounted prices".

Even if you find a plan that seems close to what yours is going to be, the research you have to do and the specifics that apply to your business are going to be significantly different. The time saved is going to be next to nothing compared to just simply creating your own plan.

The fourth topic you need to address while writing your restaurant business plan is your business strategy. This part should outline exactly how you will attract customers and how you plan to keep them coming back. The topics you should address during this part are: customer incentives, advertising and promotion, sales and marketing, and commission. The information you include in this part will directly lead to how well your restaurant is going to be doing.

Finally you want to outline your operations. This final part will include the specifics of how your business will be run on a daily basis. This part should include things like: how many employees you'll have, what type of employees you'll have, what you'll serve, how you want your menus to look, etc. Basically anything that goes into the daily operation of your business needs to be addressed in this final part.If you plan to open a restaurant then you need to have a restaurant business plan properly done. Your plan should include the broad topics of Executive Summary, History and Position to Date, Market Research, Business Strategy, and Operations.




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