id like to but a sandwich shop but havn,t a clue on how to do a business plan to take to the bank
2007-02-22 04:28:06 · 10 answers · asked by Anonymous in Business & Finance ➔ Small Business
sugest you see an accountant, most provide there first consultation free.
you will need to know what sales & costs you will anticipate eg rent, rates, heating, telephone etc.
will you need to be vat registered, how will you finance the purchase of the shop.
too detailed to go into online
2007-02-22 04:35:13 · answer #1 · answered by beth b 1 · 0⤊ 0⤋
You will need to do a survay of all the food shops and offices in the area where you want to start. Then you would need to ask people in that area if they like the idea. That is to show the bank that their is a demand for your product in that area. Once you have done that you will need to work out how many sandwiches you will sell in a day and in a year. What will be the cost for your ingrediants, rent and staff. This is what the bank wants to know.
2007-02-22 05:39:49 · answer #2 · answered by Nathan R 2 · 0⤊ 0⤋
Business plans are very important - they are the key to obtaining your financing. There are a number of sources on the internet, but if you are having problems, sometimes it is very useful to work with a business planning consultant who can help you design your business as well.
Here is a great article for you: Write a Business Plan - Nah! I Can Do That Myself (and Why You Shouldn't) http://www.articleshut.com/index.php?page=article&article_id=27056
You are entering a competitive area that has a low pricing structure so you have to rely upon volumes. Good location will be your prime requirement.
Good luck
2007-02-22 05:38:21 · answer #3 · answered by Biz Guru 5 · 0⤊ 0⤋
There are pleanty of resources online and offline to help you start your own business and write a business plan.
Online:
SBA Articles About Business Planning
http://www.sba.gov/smallbusinessplanner/
Free Online Business Plan Program and Start-Up Articles
http://www.diybizplan.com
They also have an overview of the process of starting a busienss and articles on the registration process with links to additional resources here:
Starting a Business Overview
http://www.diybizplan.com/default.php?act=11&catid=74&id=83
Business Registration Overview
http://www.diybizplan.com/default.php?act=11&catid=74&id=68
Business Legal Structure - Single Owner
http://www.diybizplan.com/default.php?act=11&catid=74&id=69
Financing Your Buisness
http://www.diybizplan.com/default.php?act=3&catid=75
More articles on Starting a Business
http://www.startupbiz.com
Offine:
Check with your local:
SCORE Office - voluneteers who mentor entrepreneurs
http://www.score.org
SBDC Office - Help with Business Planning, Financial Projections and Identifying Loan / Financing Resources
http://www.sba.gov/sbdc/sbdcnear.html
I hope this helps
Mr BizPlan
2007-02-25 13:45:58 · answer #4 · answered by MrBizPlan 2 · 0⤊ 0⤋
You can google 'business plans' and it will give a list of resources. There is also business plan software, costs about $85, the step-by-step on the software isn't very good, but it acts as a link to a repository of business plans that are used as examples. The examples were more valuable.
2007-02-22 04:35:55 · answer #5 · answered by Amy V 4 · 0⤊ 0⤋
Go to your local authority. They'll probably have some sort of course, or source of advice, for people such as you.
2007-02-22 04:40:24 · answer #6 · answered by Anonymous · 0⤊ 0⤋
go to a job centre and depending on your age they should give you pointers of where to go for advoce, also you will need a food hygene certificate if not get to your local catering college and they will definatly help you!
2007-02-22 04:37:37 · answer #7 · answered by lilian c 5 · 0⤊ 0⤋
find a local business link in your area, they can give you advice on stuff like that.
Good luck
2007-02-22 04:51:01 · answer #8 · answered by Nicky D 1 · 0⤊ 0⤋
TAKE A LOOK AT FSB WEB SITE www.fsb.org.uk GOOD LUCK
2007-02-22 06:31:07 · answer #9 · answered by Anonymous · 0⤊ 0⤋
http://www.ozlotteriesonline.net
or
http://australianhomebusinesses.com
2007-02-22 15:00:48 · answer #10 · answered by Anonymous · 0⤊ 0⤋