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Free Sample Business Plan Service Company Template

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Planning a Service Business
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Once your assigned buy ambien business plan writer completes your business plan, he or she will be available to take your questions and comments, and implement any changes you may request. Unlike most business plan companies, your business plan writer at Bargain Business Plan will work with you for 30 days after you receive the initial draft, to make sure your plan meets your standards.

As your partner, we can help create the right foundation for your business. I agree to the Terms of Service. Question or Need Contact? BBP will offer Client the opportunity of choosing a split payment option. Should client choose the split payment option, the following payment schedule will apply: One other thing to consider. Will you offer credit? These credit costs have to come from somewhere.

If you use a credit card system, what will it cost you? Some trade association have a schedule for service charges. It would be a good idea to check with the trade association for your line of business.

Their figures will make a good yardstick to make sure your prices are competitive. And, of course, your prices must be competitive. Keep these in mind when you are working with your accountant. If you will not be able to make an adequate return, now is the time to find out. Customers expect certain services or conveniences, for example, parking.

These services may be free to the customer, but not to you. If you do provide parking, you either pay for your own lot or pick up your part of the cost of a lot which you share with other businesses.

Since these conveniences will be an expense, plan for them. In this section on attracting customers, advertising was saved until last because you have to have something to say before advertising can be effective.

When you have an image, price range, and customers services, you are ready to tell prospective customers why they should use your services. When the money you can spend on advertising is limited it is vital that your advertising be on target. Before you can think about how much money you can afford for advertising, take time to determine what jobs you want advertising to do for your business. The work blanks that follow should be helpful to your thinking.

My advertising should tell customers and prospective customers the following facts about my business and services:. When you have these facts in mind, you now need to determine who you are going to tell it to. Your advertising needs to be aimed at a target audience - those people who are most likely to use your services.

In the space below, describe your customers in terms of age, sex, occupation, and whatever else is necessary depending on the nature of your business. This is your customer profile of "male and female automobile owners, 18 years old and above. Now you are ready to think about the form your advertising should take and its cost. You are looking for the most effective means to tell your story to those most likely to use your service.

Ask the local media newspapers, radio and television, and the printers of direct mail pieces for information about the services and the results they offer for your money.

As one consultant describes this pitfall: It is amazing the way many managers consider themselves experts on advertising copy and media selection without any experience in these areas. When you have a figure on what your advertising for the next 12 months will cost, check it against one of the operating ratios expenses as a percentage of sales which trade associations and other organizations gather. If your estimated cost for advertising is substantially higher than this average for your line of service, take a second look.

No single expense item should be allowed to get way out of line if you want to make a profit. Your task in determining comes down to: How much can I afford to spend and still do the job that needs to be done? To complete your work on marketing, you need to think about what you want to happen after you get a customer. Your goal is to provide your service, satisfy customers, and put money into the cash register. You need repeat customers to build a profitable annual sales volume. When someone returns for your service, it is probably because he was satisfied by his previous experience.

Satisfied customers are the best form of advertising. If you previously decided to work only for cash, take a hard look at your decision. Americans like to buy on credit. Often a credit card, or other system of credit and collections, is needed to attract and hold customers. Based on this description and the dollar amount of business you indicated that you intend to do this year, fill in the following workblocks.

No matter whether or not customers will come to your place of business, there will be certain equipment and furniture you will need in your place of business which will allow you to perform your service. This can be a vital factor in service parts purchasing. A stock control system should enable you to determine what needs to be ordered on the basis of: Some trade associations and suppliers provide systems to members and customers. When you have decided on a system for stock control, estimate its cost.

List the overhead items which will be needed. If you plan to hire others to help you manage, their salaries should be listed as overhead. An important step in setting up your business is to find and hire capable employees.

Then you must train them to work together to get the job done. Obviously, organization is needed if your business is to produce what you expect it to produce, namely profits.

Organization is essential because you as the owner-manager cannot do all the work. As your organization grows, you have to delegate work, responsibility and authority. A helpful tool in getting this done is the organization chart. It shows at a glance who is responsible for the major activities of a business.

As an additional aid in determining both what needs to be done and who will do it, list each activity that is involved in your business. Next to the activity indicate who will do it. You may do this by name or some other designation such as "worker 1", Remember that a name may appear more than once. At this point, take some time to think about what your business plan means in terms of dollars.

This section is designed to help you put your plan into dollars. The first question concerns the source of dollars. After your initial capital investment, the major source of money is the sale of your services. What dollar volume of business do you expect to do in the next 12 months? In connection with your annual dollar volume of business, you need to think about expenses. If, for example you plan to do , in business, what will it cost you to do this amount of servicing?

And even more important, what will be left over as profit at the end of the year? Never lose sight of the fact that profit is your pay. Even if you pay yourself a salary for living expenses, your business must make a profit if it is to continue year after year and pay back the money you invested in it.

The following workblock is designed to help you make a quick estimate of your expenses. To use this formula, you need to get only one figure - the cost of sales figure for your line of business.

Whether you have the funds savings or borrow them, your new business will have to pay back these start-up costs. Keep this fact in mind as you work on the "Expenses" section, and on other financial aspects of your plan. Your quick estimate of expenses provides a starting point. The next step is to break down your expenses so they can be handled over the 12 months. Use an "Expenses Worksheet" form to make up an expense budget.

A budget helps you to see the dollar amount of your expenses each month. Then from month to month the question is: The answer is "maybe not" or "I hope so" unless the owner-manager prepares for the "peaks and valleys" that are in many service operations. A cash forecast is a management tool which can eliminate much of the anxiety that can plague you if your business goes through lean months.

Use a worksheet, "Estimated Cash Forecast", or ask your accountant to use it to estimate the amounts of cash you expect to flow through your business during the next 12 months. Suppose at this point you have determined that your business plan needs more money than can be generated by sales. What do you do? What you do depends on the situation. For example, the need may be for bank credit to tide your business over during the lean months.

This loan can be repaid during the fat sales months when expenses are far less than sales. Adequate working capital is necessary for success and survival. Your lender will ask to see a current balance sheet. It is never too early to build good relations with your banker, to show that you are a manager who knows where you want to go rather than a store owner who hopes to make a success.

To make your plan work you will need feedback. For example, the year-end profit and loss statement shows whether your business made a profit or loss for the past 12 months. To keep your plan on target you need readings at frequent intervals. A profit and loss statement at the end of each month or at the end of each quarter is one type of frequent feedback.

However, the income statement or profit and loss statement P and L may be more of a loss than a profit statement if you rely only on it. You must set up management controls which will help you to insure that the right things are being done from day to day and from week to week. In a new business, the record-keeping system should be set up before your business opens. For one thing, you may be too busy to give a record-keeping system the proper attention.

The control system which you set up should give you information about: The simpler the system, the better. Its purpose is to give you current information. You are after facts with emphasis on trouble spots. Outside advisers, such as an accountant, can be helpful. The purpose of controlling parts and materials inventory is to provide maximum service to your customers and to see that parts and materials are not lost through pilferage, shrinkage, errors, or waste.

Your aim should be to achieve a high turnover on your inventory. The fewer dollars you tie up in inventory, the better. In a business, inventory control helps the owner-manager to offer customers efficient service. The control system should enable you to determine what needs to be ordered on the basis of: Now that startup activity is picking up, investors have more to choose from. Cayenne was exactly the opposite. They were like a member of the management team.

When the plan was done, I circulated it among the other Partners here at Veritas as an example of what a business plan should look like. You found us because you need help with your business plan. They will ask you a series of questions and type your answers into some off-the-shelf business plan software.

Hey, if you know how to type and you already know all the answers, you might as well buy a copy of Business Plan Pro and write it yourself. A business plan consultant is somebody who will help you refine your ideas and strategies, and mold them into a viable business. We challenge your assumptions, fill gaps in your thinking, do lots of independent research and analysis , and help formulate business models, tactics, and strategies. We help crystalize your long-term competitive differentiation, identify target markets, and plan for business scalability.

Every project is different. We need to interview you to understand how well you have developed your vision, and see what existing materials and research are available. We also need to agree on who is going to be responsible for what. Depending on your needs and budget, we will then develop a proposal somewhere along this spectrum:. We can help you optimize your strategy; research and analyze your market and competition; and create a clear and compelling business plan to articulate your vision.

If you are on a more limited budget and have the time to conduct a majority of the research and writing, we can:. Note that this is not for the faint of heart. This is a lot of work and will require a full-time commitment for weeks or months. Many entrepreneurs feel it makes more sense to focus on building the business. Cayenne Consulting also serves large enterprises considering new initiatives as well as rapidly scaling businesses seeking large, later-round VC capital raises. A business plan is not a one-size-fits-all document: We have experience in preparing business plans for:.

The important thing is to cover the Ten Big Questions as part of a compelling story. In practice, some of these sections may be omitted or combined for brevity — for example, Market and Marketing are often combined, as are Competition and Competitive Advantages. Business plans for unique industries may require additional sections. For example, biotech and medical device plans require sections describing the regulatory pathway clinical trials and FDA clearance , reimbursement issues, and other issues.

Our business plan consultants each have their unique approach to how they work with clients. They will describe their approach during your initial discussions with them so that you understand what to expect as we progress. Of course, we understand that every client has different requirements and we will tailor our approach to meet your needs.

Let us help you. A Business Plan Writer… A business plan writer expects you to have all the answers. This is how most business plan companies work — and this is how they keep their fees so low. A Business Plan Strategic Consultant… A business plan consultant is somebody who will help you refine your ideas and strategies, and mold them into a viable business.

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A business plan for a service business is different than a plan for other types of businesses. That's why a sample business plan for an accountant, insurance agent, self storage business, cleaning service, dry cleaning, travel agent or other service business will be so helpful.

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If you need a business plan in less than a week, our consulting service can help! Our business plan consultants will create a business strategy that will impress your investors. The business plan is the foundation of your investor package. However, most entrepreneurs are too busy with other priorities – such as developing products, finding customers, and recruiting a team – to prepare a compelling business plan.

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A business plan writing service is a team of business experts that take your ideas & numbers, combine it with some of their own research and produce a professional, well-formatted business plan. A service company business plan can provide the owner-manager or prospective owner-manager of a service firm with a pathway to profit. This guide is designed to help an owner-manager in drawing up a business plan.