Get a professional business plan template at no cost. Any funder worth his or her salt wants to see it right off the bat. Moreover though, a solid business plan is a living document that will continue to guide your efforts as your business grows. A lot of those mistakes most of them, in fact are the result of poor planning.
Customers can extend the rental term online without visiting the store.
A grace period of two hours will be applied to all rentals; customers who return equipment within that two-hour period will not be charged an additional fee. Competition Blue Mountain Cycle Rentals will have clear advantages over its primary competitors, the bike shops located in Harrisonburg, VA: Newer equipment inventory with higher perceived quality Price points 15 percent below the competition Online renewals offering greater convenience A liberal return grace period that will reinforce our reputation as a customer-friendly rental experience Future Products Expansion will allow us to move product offerings into new equipment sales.
We will also explore maintenance and fitting services, leveraging our existing maintenance staff to provide value-added services at a premium price.
When you draft your Products and Services section, think of your reader as a person who knows little to nothing about your business.
Be clear and to the point. Think of it this way: The Products and Services section answers the "what" question for your business. Make sure you fully understand the "what" factor; you may run the business, but your products and services are its lifeblood.
Market Opportunities Market research is critical to business success.
A good business plan analyzes and evaluates customer demographics, purchasing habits, buying cycles, and willingness to adopt new products and services.
The process starts with understanding your market and the opportunities inherent in that market. And that means you'll need to do a little research. Before you start a business you must be sure there is a viable market for what you plan to offer.
The more thoroughly you answer the following questions, the better you will understand your market. Start by evaluating the market at a relatively high level, answering some high-level questions about your market and your industry: What is the size of the market?
Is it growing, stable, or in decline?
Is the overall industry growing, stable, or in decline? What segment of the market do I plan to target? What demographics and behaviors make up the market I plan to target? Is demand for my specific products and services rising or falling? Can I differentiate myself from the competition in a way customers will find meaningful?
If so, can I differentiate myself in a cost-effective manner? What do customers expect to pay for my products and services? Are they considered to be a commodity or to be custom and individualized? Fortunately, you've already done some of the legwork. You've already defined and mapped out your products and services.
The Market Opportunities section provides a sense-check of that analysis, which is particularly important since choosing the right products and services is such a critical factor in business success.Fairfax County, Virginia - This page contains the historic documents of the Edition of the Comprehensive Plan.
Documents Comprehensive Plan Appendices PDF MB Comprehensive Plan as Adopted by the Common Council PDF 1.
A Business Plan is not simply a description of your business. It includes market analysis, marketing strategies, financial goals, funding and liability information, and company structure details. What this means is that you'll need to do a bit of work before writing to be able to create a comprehensive plan.
We would like to show you a description here but the site won’t allow us. Project Documents As documents are prepared as part of the Galesburg Comprehensive Plan or Parks & Recreation Master Plan, they will be posted here for.
• Unsubstantiated assumptions can hurt a business plan; the business owner Section Three: Supporting Documents Historical financial statements, tax returns, resumes, reference letters, personal financial statements, Business Plan Outline.