I wish to begin the dog garments commercial operation out of my home – not open the store. I was wondering what the initial stairs should be – described in the easiest conditions possible. This is something which I unequivocally wish to do though do not know where to start. Can we greatfully assistance approach me?
How do I emanate the commercial operation devise to give to the banks when I go to request for the loan?
WHAT ARE THE STEPS IN CREATING A BUSINESS PLAN?
Previous post: HOW DO I MAKE MY MYSPACE ACCOUNT LOOK BETTER?
{ 3 comments… read them below or add one }
The Small Business Administration will help you with a business plan for free. They have great resources and they are made up of retired business people. Follow the link below.
The main thing you will want to show them is a purchasing plan. But to be honest, I think you should approach the government before you approach a bank. If you are in the USA, it is very hard to get a loan these days with all the problems lately. 2 years ago I took out a loan for $10,000 and paid it all back within 1 year (even though I had 5 years to pay it back). This year I tryed to take out a loan for the same amount and I was turned down. I am still self employed like I was then, and still went through the same people I payed off last time, and was still turned down. The only thing that changed was the economy. So write up a purchasing plan…explaining all business expenses, things that will cost you money such as material, sewing machines, wages for extra helpers etc. and write out who you plan on buying these materials and items from and at what quantities. Then explain how you plan on profiting from it, meaning, how much you plan on selling it all for. It’s best to write it all down using an excel spreadsheet to show everything neatly.
Hello,
Great post. The most important part of business is advertising. This makes or breaks a business. Some of the best ways to advertise I’ve found are:
1. Offline promoting (business cards, flyers, newspaper and other print advertising).
2. Online promoting (buying banner ads, forum posts, email auto replies).
The best method that’s worked for me so far is handing out business cards. I don’t do this in the usual way…. I buy them in bulk from a place online (they give the cards for free, I just paid shipping and handling…they also give a really nice free business card holder, it looks impressive). They’re really high quality. I just put all of the info about my business on the cards, and I hand them out on cars at bus stations, malls, etc. It’s worked out really, really well for me, and it’s completely inexpensive =)
http://www.cards-free-to-my-biz.info
Good Luck with your business!