In short, make readers want to turn the page and keep reading. We will also use online tools to better engage customers, allowing them to reserve and pay online as well as create individual profiles regarding sizes, preferences, and special needs.
If your concept is too fuzzy, too broad, or too complicated, go back and start again. While the outdoor tourism industry as a whole is flat, the park expects its number of visitors to grow over the next few years.
Financial Projections Blue Mountain Cycle Rentals expects to earn a modest profit by year two based on projected sales. Keep in mind this is just a made-up example of how your Summary might read. Those employees will be attracted through competitive wages as well as discounts products and services.
Even though you may be creating a business plan solely for your own purposes, at some point you may decide to seek financing or to bring on other investors, so make sure your Summary meets their needs as well.
Since a business plan should above all help you start and grow your business, your Executive Summary should first and foremost help you do the following. What ranks high in terms of importance? While it can be tough to fit on one or two pages, a good Summary includes: Let your excitement for your idea and your business shine through.
Provide some sizzle in your Executive Summary Our projections are based on the following key assumptions: The owner of the company, Marty Cycle, has over twenty years experience in the bicycle business, having served as a product manager for ACME Cycles as well as the general manager of Epic Cycling.
As you develop your Summary you will naturally focus on the issues that contribute most to potential success.
If your business will manufacture or sell products, or provide a variety of services, then be sure to include a Products and Services section in your Summary. We will overcome that issue by establishing a satellite location in Harrisonburg for enthusiasts who wish to rent bicycles to use in town or on other local trails.
Our primary strategy is to develop Blue Mountain Cycle Rentals as the most convenient and cost-effective rental alternative for the thousands of visitors who flock to the area each year. Just make sure your sizzle meets your steak by providing clear, factual descriptions.
Once underway we will expand our scope and take advantage of high-margin new equipment sales and leverage our existing labor force to sell and service those products. Acquiring the right location? In this case the products and services are obvious, so including a specific section would be redundant.
More from this series: Simply flesh out the highlights with more detail. Company and Management Blue Mountain Cycle Rentals will be located at Mountain Drive, a location providing extremely high visibility as well as direct entry and exit from a primary national park access road.
Because of his extensive industry contacts, initial equipment inventory will be purchased at significant discounts from OEM suppliers as well by sourcing excess inventory from shops around the country. Competitive Advantages The cycling shops located in Harrisonburg, VA, are direct and established competitor.
Most great businesses can be described in several sentences, not several pages.
The following is how an Executive Summary for a bicycle rental store might read. Our two primary competitive advantages will be location and lower costs. Introduction Blue Mountain Cycle Rentals will offer road and mountain bike rentals in a strategic location directly adjacent to an entrance to the George Washington National Forest.Feb 28, · Writing a business plan can help you determine if your idea is feasible and provide direction.
Business plans should avoid fluff, be realistic, and include visuals. You should be. Use examples. more complex business plans. improve your chances of success with a good Business Plan.
Writing a Business Plan Georgia State SBDC 4 Ten Ways to Ruin Your Business Plan Business Plan Outline. Disregard any questions that.
A business plan is a written description of your business's future, a document that tells what you plan to do and how you plan to do it. If you jot. This article is part of a series on how to write a great business plan. The Executive Summary is a brief outline of the company's purpose and goals.
While it. Now that you understand why you need a business plan and you've spent some time doing your homework gathering the information you need to create one, it's time to roll up your sleeves and get.
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