The Company is in discussion with potential private label customers in the automotive market. The Company expects to introduce a one-time permanent tire coating to these potential clients that would eliminate current cleaners and silicone coatings for tires and bumpers.
Do you think Tony Dungy or Bill Belichick would ever start a football game without a sound game plan? Do you think General Schwarzkoph would have led the invasion of Kuwait without an operations plan?
The answer is no. Effective leaders execute well-planned strategies, and the best way to lay out a sound business strategy is to write a thorough business plan.
A business plan is no guarantee for success. It is, however, a prerequisite. And a business plan on the back of a napkin is better than no business plan at all.
Below are ten fundamentals of a business plan and a brief description of each: Vision — The Executive Summary.
Every team needs a vision of automotive sample business plan the future will be like when you reach your goals and are operating successfully. The executive summary is an abbreviated summary of that vision.
It dictates who you are, what you do, why you do it and how you are going to achieve your goals. It contains a vision statement, a mission statement, and validated comments about our market and the business opportunity.
Remember, history can be boring for many readers, so keep this section short and sweet. Goals provide a target on which the team can focus their thoughts, actions and energy.
Every goal needs objectives that serve as the stepping stones that pave the way to its attainment. Goals and objectives give the team clarity for its vision. They provide joint direction that helps guide the team and build momentum.
The Team — Biographies of the Key Players. Every team has all-stars. These are the players in key roles who are charged with executing the business plan.
No matter how good the plan is, its ultimate success depends on the talent and drive of the key players. The best-laid plans will ultimately fail without a focused and talented team, just like the best teams and best players will ultimately lose without a game plan.
This is your opportunity to sell your team to the world—be loud and be proud.
The Product or Service — This is what you do, why people pay you money. This section describes in detail the product s or service s you offer.
You have to sell it to yourself, to employees, to investors, to banks and ultimately, to customers. As a car dealer, you must be able to answer the most basic of questions: Why should I buy a vehicle from you? This is where you describe your niche in detail to illustrate your understanding of your customer and why they will choose you.
Strategy - The strategic section of your plan is the nuts and bolts of your business idea. This is where you describe in full detail your game plan for winning.
This section is the framework that holds together the entire plan by laying out a detailed strategic plan of action and allows for tactical reactions to any contingency that may arise. Exit Strategy — Most businesses have a specific life cycle. They start up, they grow, they change hands, they go public, etc.
The exit strategy depicts the projected life cycle of the business and the long-range plans of the owners. It also lays out a detailed exit plan for any investors as a way to specify and minimize the financial risk of their investment in your company.
SWOT Analysis — The final section of a business plan candidly highlights four strategic factors of influence that are used to evaluate the Strengths, Weaknesses, Opportunities and Threats of a business. The first two factors highlight the key strengths and weaknesses of the organization while the second two illustrate the current opportunities for expansion and threats to the existing business model.
The purpose of the SWOT analysis is to identify the internal and external factors that will affect the ability of the organization to achieve its stated goals. Vol 6, Issue 1.This article is a comprehensive list of over free sample business plan templates that give an easy start to aspiring African entrepreneurs and small businesses.
Automotive, Travel & Transportation Trucking Business Plan Sample. Use this sample business plan to get your trucking business on the road. Create an investment-worthy business plan with our template builder.
Download into Word or PDF for free. We ask the questions, you fill in the answers. Auto Repairs And Maintenance Business Plan Through management and development strategies found in this free, printable business plan, auto repair and maintenance businesses can gain a competitive edge in the automobile market.
Business Plan Pro is the fastest, easiest business plan software for small business, startups, and corporate business planning. Features include + sample business plans, SBA-approved format, Excel integration, and more.
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