A strong executive summary includes a clear mission statement, your store concept and planned execution, and an overview of potential expenses and returns.Even though this is the first page to your business plan, it is best to save this for last after you have a better understanding of your brand.
First impressions matter, especially when it involves your business plan.
This section should summarize your entire idea in an exciting way that makes the reader want to learn more.
As Java Culture will strive to maintain a 65% gross profit margin and reasonable operating expenses, it will see net profits grow from R1 Million to R1,25 Million during the same period.
Java Culture’s objectives for the first year of operations are: Java Culture will make its best effort to create a unique place where customers can socialise with each other in a comfortable and relaxing environment while enjoying the best brewed coffee or espresso and pastries in town.
The remaining capital will be obtained through Bank of America commercial loans.
The company is expected to grow sales revenue from R584 000 in FY2001 to R706 000 in year three.There are basics such as proofreading, editing, and making sure your writing is easily readable.However, once you truly understand and know the brand you’re selling, that’s when your business plan gets noticed. Does it fulfill a need in that community or possess something your competitors lack?This is the “who, what, when, where, why” of your business plan.The company overview presents general information such as location, business times and concepts.Want to start your own coffee shop but struggling to put your business plan down on paper?We’ve taken taken the guess-work out of it for you by writing a coffee shop business plan that you can adapt to suit your own needs.Since you’re starting a bubble tea shop, avoid trying to sell everything about your brand, and focus on its specialty: bubble tea.Now that your business plan is ready, you can go into a bank interview prepared.The owners have secured this location through a three-year lease with an option for extending.The have also provided R1,4 Million of the required R1,7 Million start-up funds.