Business Plan Strategic
June 25th, 2011 — business planning
Free Donut Shop Business Plan for Loans
Obtaining Business Financing
When obtaining a business loan for a donut shop business, it is imperative that you have a properly structured business plan that will assist you in showcasing how you intend to operate your Donut Shop, how the business will operate, how you intend to market the business, the anticipated financial results of your company, and how you intend to repay your debt obligations. This sample loan business plan will provide you with the framework that you need in order to acquire a business loan for starting or expanding this type of business.
When obtaining a business loan for a donut shop, it is imperative that your business plan has a clear and concise executive summary that provides an outline of what are seeking to accomplish, how much capital you are seeking to raise, the management biography of the business owner, and an overview of the anticipated profit and loss statements of the business. Here is an example of how the title paragraph should be written:
Donut Shop, Inc. (“the Company”) is seeking a business loan of 0,000 in order to launch the operations of a donut shop business that will be based in San Francisco, California. The Company was founded in (Insert Year). The business was founded by Mr. John Doe.
Products and Services
In the next segment of the business loan and business planning document, you should showcase the products and services that you will be providing to the general public. For instance:
As stated above, Donut Shop, Inc. will specialize in the retail sale of donuts, pastries, and beverages that are commonly found among retail locations that specialize in these products. The business will produce its donuts and pastries on site so that customers are provided with only the freshest products on a daily basis.
The third section of the business plan will further discuss the operations and products offered by the Donut Shop.
Business Loan Terms
Now it is time to discuss the anticipated terms of the business plan that you are seeking. An example paragraph of how this is stated:
At this time, Mr. Doe is seeking a conventional business loan in the amount of 0,000. The interest rate, loan terms, and loan covenants are to be determined during negotiation. However, this business plan assumes that the business will receive a seven year business loan with a seven percent interest rate due on the outstanding principal balance.
Now that the summary of the business has been provided, it is time to provide a brief overview of the owner of the business. An example paragraph summing up the owner is as follows:
Mr. Doe is a highly experienced business person that has years of experience regarding the direct ownership and management of business. He will be able to effectively bring the operations of the Donut Shop to profitability while ensuring that the business loan’s payments and its covenants are met at all times.
The most important thing to your lender when applying for a business loan is how you intend to repay the bank. In this section of the business plan, you should provide an overview of the finance’s of the business discussing the anticipated revenues, expenses, and profits/losses. You can also discuss the applicable collateral within the business plan that will be used to secure your business financing.
One of the most important aspects of your business plan is how you intend to expand the business over a three to five year period. Banks and finance companies always want to see that the business will experience a moderate to strong level of growth. This is especially true in business lending because as your business grows the cash flow that secures your business loan will decrease proportionality against your monthly credit obligations. An example of how this is stated is as follows:
The Donut Shop will continue to expand through organic means including increasing the Company’s advertising budget via the reinvestment into the after tax cash flows of the business. Additionally, if the business is highly successful then the Company may seek to establish additional Donut Shop locations after the third year of operations.
Use of Business Loan Proceeds
In this section of the business plan you should focus on how the proceeds of the business loan will be used. An example of this would be as follows:
Donut Establishment – ,000
Kitchen Equipment and Opening Inventory – ,000
Working capital – ,000
In this section of the business plan you should discuss the percentage ownership of the business among the owners of the business. For example:
Mr. Doe will own 100% of the Donut Shop.
Board of Directors
When applying for business financing, the bank will also want to know who serves as the board of directors. For small businesses, usually the owner serves as the director of the business. An example of how this is worded:
Mr. Doe will be the sole director of Donut Shop, Inc.
Any bank or financing company is also going to want to know what you intend to do with the business over a set period of time. Many business owners will develop and expand a business with the intent to sell the company to a third party at a later time. When drafting this part of the business plan you should focus on what you intentions are in regards to potentially selling the business. This is often worded as:
Mr. Doe would most likely sell the Donut Shop to a third party for a significant earnings multiple. Donut Shops usually sell for approximately one to three times earnings given the financial strength of the business. In this event, the business would be sold by a business broker and the business loan sought in this plan would be repaid according to the covenants of the business loan agreement.
Products and Services
When developing a business plan that is appropriate for obtaining a business loan or other business credit facility you need to clearly showcase the services or products that you will be offering to the general public. An example of how this section is worded goes as follows:
The Donut Shop will pride itself on only providing the freshest donuts to the general public of San Francisco. The business will sell a wide variety of donuts, pastries, and beverages (including coffee and teas) that will generate substantial gross margins for the business. As stated in the executive summary, all donut and pastry products will be produced on a daily basis directly within the Company’s location.
Industry and Market Analysis
The Current State of the Economy
It is important to let your financial institution know that you are well apprised of the financial situation of the general economy when you are applying for a business loan. This is especially true in today’s environment where lending has become more difficult and will remain more difficult in the foreseeable future. Specifically, you should gear this section of the business plan analysis towards the industry that you are operating within. For example:
The current economy has remained difficult over the past few years. However, Donut Shops tend to operate with a strong degree of economic stability as the low pricing point of the Company’s products coupled with the fact that many people need a quick sugar fix will allow the business to remain profitable and cash flow positive at all times despite the difficulties in the economy.
The Donut Shop Industry
In addition to providing your business loan officer with an understanding of the general economy, it is important that you showcase that you have an equal understanding of the industry in which you are operating within. As such, you will need to provide you business loan institution of a brief overview of your industry and any potential changes that may affect the way that your company does business. An example of how an industry overview is as follows:
Around the country, there are more than 8,000 businesses that specialize in the sale of pastries and donuts that operate one or more retail locations within the United States. This is a mature industry and the expected growth rate is expected to remain on par with that of the general economy. In each of the last five years, the industry has generated more than .5 billion dollars while providing employment to more than 80,000 people.
In this section of the business loan application and business plan analysis, you should focus on the demographics of your localized market (or national market if applicable). This section should discuss how many people live in your area, the anticipated number of people that would require the use of Donut Shops, the median household income of people living in the area, poverty line statistics, and any applicable laws that would apply to your operation of Donut Shops.
Many people that are developing new businesses or expanding existing businesses often feel that their business does not have any competition or limited competition at best. However, this is almost never the case. Unless you have re-invented the wheel – you will have competition. When applying for a business loan, you should clearly showcase your competition in your business plan. This is especially important to your banker as they will be able to gauge your ability to be successful in your targeted market. Many business loan underwriters will aggressively confirm that competitive nature of your local market and your local industry.
When drafting this section of the plan you should heavily discuss the competitive advantages that you intend to have over your competition.
In addition to all of the above information that we have covered, your business loan officer is also going to want to know how you intend to market your business to the general public. Most people do not quite understand how to effectively market their business outside of prominent signage or flyer distribution. When applying for a business loan (again in this difficult lending climate), your banker is going to want to see that you have a clear methodology of how you intend to market your services or products to the general public. In this section of the business plan – we will overview how to showcase your services/products to the general public.
Marketing Overview Example
The Donut Shop will place prominent signage on the facility to draw a significant amount of foot traffic.
The business will maintain listings in the Yellow Books.
The Donut Shop will also maintain an internet website that showcases the Company’s operations, hours of operation, and relevant contact information.
Marketing Strategies Overview
Additionally, you will be required to further drill down (in your business plan) how you intend to implement your strategies when you launch or expand your business’s operations. In this section of the business loan and business plan documents, you should amplify the bullet points from the section above. For instance:
The Donut Shop intends to use a number of strategies that will create instant traffic and customer flow to the Company’s location. These strategies include not only using prominent facility and road signage, but also distributing flyers to people that fall into he Company’s targeted demographics. The business will also regularly take out advertisements in localized newspapers that showcase the Company’s hours of operations, the donuts and pastries offered by the business, and specials that are occurring within the store on a regular basis.
The business will also maintain a highly informative website that showcases the Donut Shop, its hours of operation, product listing information, and other relevant information in regards to the Company’s pastry and donut products. This website will be listed on major search engines such as Google as many people now use the internet to locate local businesses. The business will also develop ongoing relationships with caterers and local offices for regular delivery of donuts, pastries, and coffee to their locations.
The Financial Plan
Beyond any other part of your business loan application or business plan, the financials section of these documents are what matters most when applying for a business loan or any other type of credit facility. Ultimately, this section of the business plan showcases not only what your anticipated profitability will be, but also how you intend to repay the funds that you have borrowed through your business financing facility. An example of how this section is structure is as follows:
Donut Shop, Inc. will have an average annual growth rate of 10% per year.
Mr. Doe will acquire 0,000 through a business loan in order to launch the operations of the business.
Proforma Financials for a Business Loan
Now it is time to showcase how you intend to repay your loan, generate a profit, and increase the book value of your business over a three to five year period. BusinessPlansForLoan.com has developed an easy to use financial model that you can use when drafting out the financial model for your business plan and business loan application. Through your business loan application, you will be required to have the following:
Profit and Loss Statement for your Donut Shop
Cash Flow Analysis for the Donut Shop
Balance Sheet for the Donut Shop
Business Loan Amortization Tables
BusinessPlansForLoan.com is a specialty website that provides content that focuses on the needs of people seeking business loans for new and existing businesses. We encourage you to visit our website if you are seeking a Business Plan for a Loan .
Article from articlesbase.com
Find More Business Planning Articles
June 23rd, 2011 — cafe business plan
This video is an introduction to the coffee shop business plan composition series. It talks about who can benefit from learning to write business plans, and the purpose of writing business plans. You can download business plan resources at www.cupadllc.com
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This clip discusses the market size section of a coffee shop business plan. For additional resources that will aide in business plan composition please visit our website at www.cupadllc.com
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June 22nd, 2011 — sample business plan
samplebusinessplanforrestaurant.com. Discover the benefits of a business plan for restaurant and receive a free sample business plan. Learn How to write a business plan for a restaurant.
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June 22nd, 2011 — strategic business plan
Click Here – www.success-business-online.com And www.success-business-online.com Thiswebsite contains hundreds of how-to articles, ideas, resources, software downloads, video tutorials and much more.All taught in a ’step-by-step’, ‘easy-to-understand’, ‘paint-by-numbers’ style.( Already hundreds of members – have gone on to create real web businesses that work ).
June 21st, 2011 — business plan template
Template Monster and Hostgator Become Partners
Brooklyn, NY (PRWEB) May 21, 2006
Template Monster, the largest website template provider on the Web, and Hostgator entered a special partnership aiming to provide Hostgator resellers with even more profitable ways to enhance their business. All Hostgator resellers will be offered five special templates with affiliate shops of Template Monster integrated into them. Thus using these templates, Hostgator resellers can not only resell hosting services from Hostgator but web templates from Template Monster as well.
Since hosting and website templates are related industries, many of those who search for hosting services are to build a website as well. This can be done easily using website templates and vice versa. Considering this fact, Hostgator decided to integrate its reseller program with the affiliate program of Template Monster. From now on, the Hostgator affiliates will have the opportunity to offer their clients website templates from Template Monster’s collection using their own brand names.
“We are glad to introduce our affiliate program to Hostgator resellers,” says Gary Nichols head of marketing department at Template Monster. “We have many successful affiliates among hosting companies and hope that Hostgator resellers will also like our products and our affiliate program.”
The templates are available to any of the Hostgator resellers. The only requirement for downloading them is to register with the Template Monster affiliate program which is free of charge and takes only several minutes to complete.
TemplateMonster.com – is our anchor, a first-rate E-commerce project in web design. Started in 2002 as a project of Artvertex, Inc., it was the first company to offer high quality website templates.
TemplateMonster.com enjoys more than 30,000 unique visitors daily, and consistently numbers among the top 1,000 most popular websites on the Internet.
Hostgator is a privately owned company founded in 2002 that has no debt, is very profitable, and has NO intentions of selling any time soon. We provide service to over 200,000 websites on our shared and reseller plans. We our the world’s leading provider of reseller accounts with over 10,000 resellers who have chosen us to provide the network, servers, and support required to launch a hosting business.
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June 21st, 2011 — restaurant business plan
The perfect demonstration of a restaurant business plan won’t exist for the simple reason that each and every plan is required to be dissimilar from the next since they all are written for various places. All of them follow the identical restaurant business plan outline but each one has different phrases and in a number of ways correctly is really an unique relfection on the personality and spirit of the baby who had written it.
You do not want your own plan to sound like a canned dialog or a minimize and substance job which is not really what you do because the shareholders or loan providers will not be motivated by this in any way. You want them to know that you understand the business and the way a person show that may be byb doing your research for the plan in addition to gathering your information and writing it down in an organized method. Once you have performed this yourself you will note there is no time having the example since you are actually done.
Restaurant business plan financial records are the authentic key to getting any restaurant upwards and unveiled. You can have an incredible written business plan however without volumes to support all the excellent sounding wording you won’t be capable of convince you to definitely lend you cash or make investments real capital into the plan.
The particular financials deal consists of about three different types of projections. The first is niche sheet which usually shows this assets from the business such as cash, inventory and equipment and the liabilities including just about any debt in addition to depreciation as well as amoritzation charges. The second is the earnings statement, otherwise known as the profit along with loss statement, which particulars the gross sales, expenses as well as any leftover balance what are profits. The 3rd statement would be the cash flow which shows the actual movement of dollars into and out of your business.
These about three, plus some encouraging financials for instance ratios along with charts along with graphs encompass the plan financials and are the most important part of the speech of the business plan.
In the event you would rather not test and create any restaurant plan and financials package from the beginning on your own a good choice is to use the software package intended specifically for restaurants that will help you achieve all this with a lot less do the job and without you the need to be an authority in business plan writing or sales.
Starting an exciting new restaurant requires a restaurant business plan software to produce a plan which is strong and feasible. To be able to get your own restaurant business plan written quickly so you can get the cash you need go to our site for the best solution certain to allow you to get funded.
Article from articlesbase.com
What would the major differences be in writing a business plan for a new business versus writing a business pl?
June 20th, 2011 — new business plan
Question by Woody the Woodpecker: What would the major differences be in writing a business plan for a new business versus writing a business pl?
Answer by Huh?
A business plan for a new business will have financial statements that contain projections that must have some basis to substantiate them.
An existing business can use historical data to make projections but a new business must take the time to ensure that projections are made on some basis that makes sense. This can be difficult, especially if the management has little experience in the industry.
For example the computer technician that decides to start a restaurant will be making projections of cash flow based on what basis? If the projections are unsubstantiated then how can a bank provide financing based on those projections? This is a difficult problem for a new business.
Give your answer to this question below!
June 19th, 2011 — business plan outline
We receive thousands of calls per year from people who have a great idea and wish to raise capital. However, in most all cases, they will be unsuccessful, principally because of mistakes that almost guarantee their effort will fail. In other words, they are doomed to fail from the very start. This is one of a series of articles that explain how to raise venture capital. When we are done; you will have sufficient information to develop a capital raising strategy that will have decent chance of success.
Many entrepreneurs believe that investors will fund their “great” idea because it is a “great” idea. Actually, investors will like an idea and think it has great potential but it’s the explanation in the business plan that describes how you plan to execute that idea which convinces the investor to write a check. That is the difference between successfully raising capital or not.
It is your job to explain both the pros and cons about investing in your project. In fact, you have a legal requirement under federal securities laws, so screw up here and you are screwed. The best way to start your plan is with a plan outline also called a, business plan template.
The template or outline should list many of the categories of information that must be included within your plan. Begin filling out the categories by hand. Answer the questions you are comfortable with answering. Don’t guess. Don’t lie. Later, in another article we will talk about investor documents, The, plan must eventually included in your Private Placement Memorandum, aka, PPM,. The, PPM, is a legal document and you will be held liable for everything that is in it. At this point don’t worry about the spelling or making sense. You can address that latter. List your answers in the, business plan outline in short form.
What is important is getting all the possible information organized for the topic. In those categories that you are unable to provide information, seek help. A common example is putting together a financial. Do the best you can and then seek help or advice. Don’t get to sophisticated or the reader will not understand.
Don’t use acronyms or short hand explanations unless you explain what each means. An example is in this article when I used the term, PPM. The most difficult of all tasks in raising venture capital is the preparation of the plan. Take your time and when you really think you have successfully outlined all the information, begin writing business plan,. You will also find it helpful to obtain a, sample of a professionally written business plan. A 15 page, free business plan outline and a 35 page, free business plan sample, can be accessed at http://www.thebusinessplanservice.com/ This will aid you in visualizing what level of quality your business plan must rise to successfully entice investors to invest in your idea.
Keep in mind, the quality of the business plan you write is the prospective investor first insight into your competency. If you present the investor with a quality plan you have passed the first critical test in the process of soliciting their money?
At his retirement from Wall Street in 1996, Mr. Shields was Chairman and CEO of a national securities firm with offices in all major U.S. financial centers. During his career, he has been a Member of the New York Stock Exchange Inc. and every other stock and options exchange in the United States. Mr. Shields is now the Member Manager of Shields Capital Partners.
For additional info on how to Create Investors Documents – go to:
For other information on Raising Venture Capital – go to:
Article from articlesbase.com
June 19th, 2011 — business plan outline
Article by Eric Powers
Follow these simple tips to create a stronger business plan as you outline and write:Use a TemplateUsing a template starts you on the right foot, with a standardized order for a business plan which has been vetted by years of use by entrepreneurs and funders. Standing out by creating a new organization system for your plan is a negative way to stand out and will be a distraction. Keep your creativity to your business and marketing ideas. That is where you must prove to funders that you can excel. Move From Bullet Points to TextStart the writing process by getting all of your ideas and notes down on paper in bullet point format. If you begin by writing full sentences you may very quickly become hung up on the quality of your writing, which should be the furthest thing from your mind at this stage. Fill the content of each section with your basic ideas in note format at first. Make sure the ideas are sound before writing them as full sentences and paragraphs. Consistent Headings The plan should be easy to navigate through and move back and forth between sections. For this reason, make sure the formatting of the content, section headings, and subsection headings are consistent throughout. There is no reason to create distracting new fonts and colors for each section. The plan must be formal, yet attractive in the use of fonts and headings. Reading Out of OrderAlthough the plan’s order makes sense and builds the story of the business one piece at a time, you should be prepared for the fact that some funders may read the plan out of order. This may be because they skip ahead to a section they have specific expertise in (such as marketing, operations, or finance) or because their organization has specific requirements which they must see are satisfied before any further consideration. In any case, each section must be able to stand on its own to a certain extent, assuming the reader has covered at least the executive summary and company overview sections.
About the Author
Eric Powers is associated with Growthink, a business plan consulting firm. Since 1999, Growthink has developed more than 2,000 professional business plans for entrepreneurs and business owners. Call 800-506-5728 today for a free consultation with a Growthink business plan consultant. Growthink also offers a proven business plan template.
June 18th, 2011 — business plan outline
BizPathways Improves Free Web-Based Services to Small Businesses
(PRWEB) May 27, 2004
BizPathways (http://www.bizpathways.org), a free, web-based service that connects entrepreneurs who are starting or growing a business with resources that can help, has recently upgraded their services. To access advanced services, business owners are asked to register and provide a profile that will be used to match resources to that user and his specific needs. (Registration is free but donations are encouraged.) There is a tremendous amount of information available on all aspects of business development, from writing a business plan to creating an exit strategy.
BizPathways also provides interactive business plan templates where registered users can securely create, save, and store their plans. The following plan templates are currently available: business plan outline, marketing plan outline, financial plan outline, and technology plan outline.
Recently BizPathways has added tools that will help users connect with real people. Specifically, there is an Ask-an-Expert feature where visitors can ask a real person a business-related question and expect an answer within three working days. There is also a new email discussion list for registered members, where members can start conversation or ask questions of the peers on how to start or run a small business.
Currently, BizPathways focuses on providing resources to entrepreneurs in Minnesota (http://www.bizpathways.org) and North Dakota (http://www.ndbizpathways.org) Â however much of the information and the interactive business plan templates are valuable to business owners in any location. For more information, please visit the BizPathways web site (http://www.bizpathways.org).
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