Business Plan: Planning the Operations
Writing a business plan is no easy task, sure you can whip something together in a day or so, but without proper planning you are setting yourself up to fail. Many first time entrepreneurs have a bit of trouble writing a business plan, which will be acceptable to bankers and investors. One easy place to fall down on is the understanding of the daily operations of your chosen business model.
In the operations section of the business plan you will need to address many important factors and these must coincide with your proformas and financial projections. For instance hours of operation, labor costs and over time. Also with regards to inventory, turnover and purchasing. Service businesses must also have procedures of operations.
Below I have included for you a very simple example of an operations section of a business plan, which was written for a mobile car wash business, which was part of a larger franchise organization. Feel free to print this article and then work thru each item and modify it to fit your business. Then put pen to paper on a legal pad and write additional paragraphs to your business model. Then you will have a really good understanding of what you will need complete your own operational strategic plan to insert into your award winning business plan. Think on this.
- - - - - - - - - - - - - - - - - - -
In this operations segment we will cover inventory, equipment, distribution and hours of all basic operations.
We are required to buy all of our supplies from Car Wash Guys International, Inc. There are no set guidelines as to how much product we must buy. We are only required to purchase enough supplies to service customer demand.
We will stock all supplies on the truck locked up in toolboxes below the truck bed. We will spend approximately $40.00-$60.00 per week per truck in supplies. Our initial supply inventory is provided with our franchise package. It consists of:
2GD2USE Rubber Conditioner (1 Gallon)
Blitz Wax (1 Can)
BST4U White Wall Magic (5 Gallons)
Car Wash Guys Bumper Magic (1 Pint)
Carpet Express (1 Pint)
Carpet Machine Cleaner (2 Gallons)
Crystal Clear Window Cleaner (1 Case)
GR-8 Wax (1 Gallon)
Hot Wheel Tires (5 Gallons)
Resource 5000 (1/2 Gallon)
Sparkle Shine Soap (1 Gallon)
Super Blitz Wax (1 Gallon)
Super Clay (1 Package)
The most important products to stock are: Crystal Clear Window Cleaner, BST4U White Wall Magic, Hot Wheel Tires and GR-8 Wax. We will order one month's supply of these in advance. Other products will be ordered on Thursdays. We do a product check on Wednesdays after completing the route. We will use the franchisor's on-line computer ordering system with UPS next day or following day service.
We are required to buy the truck and all car washing equipment through the franchisor or through a list of approved vendors.
We will check all equipment for fluid levels each week as prescribed in our operations manual. We will fix any problems with the equipment as soon as detected, provided that all customers are serviced for that day. In case of accidental breakage, we will immediately call the franchisor for a spare truck, alert the manufacturer for an appointment or on-site service visit or repair or replace the worn or defective items.
It is our intention to run our trucks as many hours of the day and night as possible. We will use the truck to wash cars during the day. At night we might clean:
Our standard car wash day will be from 7:30 am to 5:30 pm. Truck fleets will be done from 6:30 pm to 9:30 pm weekdays and all day on weekends. Concrete, graffiti and heavy equipment will be done the rest of the night until 6:00 am or until all work is completed.
On rainy days we will provide the following services:
Holiday Store Front Window Paint Removal
House Paint Prepping
Interior Deep Cleaning (Automobiles)
Special Detailing Discount Services
"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; WorldThinkTank.net/wttbbs
A Rough Cut on Feasibility
A piano tuner recently moved to Buffalo, NY, and would like to assess the business possibilities for him in his new home. He plans to estimate how many piano tuners the greater Buffalo area can support, and compare that to the number listed in the phone book.
8 Ways to Earn More Without Working Harder
Conventional wisdom has it that there are only three ways to grow your business: find new customers, increase the amount of each sale to existing customers or get customers to buy more frequently. But I've seen business owners go blank when presented with those three options.
SWOT Analysis Is No Magic 8 Ball
Q: A key investor in my business has suggested that I hire a consultant to do a SWOT Analysis to help plan for the future. I try not to argue with my investors, but I'm not so sure I need to have this done.
Rules to Setting Business Goals and Objectives: Why and How to be SMART
We all know that nothing runs without a plan, and a plan cannot run without having its objectives set.That applies to any kind of plan, whether we're talking business or personal finances, university degrees or NGO programs, website promotion or weight loss.
The Six Sigma Method and Design of Experiments
Six Sigma is becoming a proven approach for businesses and organizations to improve their performance. The spectrum of companies actively engaging in Six Sigma today is wide from industrials like Celanese, Caterpillar, GE, Honeywell, and 3M to service/retail organizations like Starwood Hotels, Sears, and Home Depot.
Offense: Beat the Odds
When in doubt, cut that out! Yeah, yea, doubting Thomas may have had a point in his day, and life may not be what you want it to be, but if you constantly doubt yourself, how can you accomplish anything?Where is your confidence? What possible good can come from taking the negative aspect of any situation and growing it into acceptance?Purpose of achievement is to attain a goal. So, if you set your goals and strive to get there, it should be assumed that you are moving toward your goal (at least so far as intent) no matter what you are doing, right?I vaguely remember an instructor from college saying once, "If there are two ways to take something, always input the benefit of doubt and assume the better more optimistic choice is the right way to take it.
Why 9 in 10 Businesses are Overspending on Day-to-day Expenses
Experts estimate that 90 percent of Australian businesses are overspending on day-to-day expenses, by as much as 75 percent in some cost categories!Looked at the operating costs of your business lately? You might be surprised at the savings that can be gained with a systematic approach to cutting costs.The easiest way to lift profits is to cut the fat out of costs.
Questions to Ask Yourself When Starting a New Home Business
I love the excitement of starting up a new home based business. I enjoy trying out new ideas and approaches with the new venture.
Don't Allow Yourself to Get Burned
I am not a big fisherman, but I do enjoy it whenever the opportunity comes my way. I have some friends who are fanatics and occasionally I will go out with one of them.
Expanding your business in a franchise system
If you are a successful franchise of a large franchise brand or chain, chances are you will wish to expand. The most important thing to do is make sure you are on the most positive terms with your franchisor.
Strategic Planning Fundamentals
Strategic planning is vital while starting a new business or expansion of an business or planning to boost the performance of an existing business. But it requires detailed strategic planning and controlled deployment activities.
A Unique Joint Venture Twist: Make Huge Profits Even If You Have No Money, No Products, and No List
Would you like to jumpstart your online or offline business without spending a ton of money?Without a doubt, joint venture marketing is the most powerful secret to making money online or offline.In its simplest form, you partner with someone else: You either sell their product to your customer base or they sell your product to theirs.
Do You Really Need a Business Plan?
"I don't need a business plan."Neither did Alice in Wonderland.
Corporate Contingency Planning
Part 1A few weeks ago I attended a seminar sponsored by Independent Solutions Insurance Inc (Edmonton) entitled "Seminar On Disaster Preparedness", during this seminar I heard stories from individual company owners who told us of their misfortunes and how they coped with their crisis. In both cases these crisis were caused by accident, however, a potential catastrophe nonetheless.
I Always Play by the Rules and It Stinks!
This week I coached a wonderfully lovely woman I'll call Jill. She's a bright woman, very compassionate and sweet.
Turning On The Lights
Fun From The StartFor those with the will to start a new business the rewards, both financial and emotional, can be excellent, but the risks can also be significant to both sanity and mortgage. Of course, the chance of success increases if a company has a good, well thought through strategy before they strike out.
Pressure Washing Entrepreneurs Can Help With Government NPDES Permits
If you own a pressure washing business one of the smartest things you can do is get involved with the local and regional enforcement for storm water environmental laws. The reason being is they do not understand the washing process of the industry and you can assist them with pertinent information.
Business Ideas: 3 Smart Ways To Generate Profitable Business Ideas Anytime
Creativity is one of the greatest tools for success in business.All businesses are created first by ideas.
Laying It Out On Paper
You might be thinking to yourself, "Why should I waste my time writing a business plan? I know what (web designers, freelance writers, professional organizers) do!" Knowing intellectually what your industry is all about and pinpointing exactly where you want your business to go are two entirely different propositions.Something happens when you empty vague ideas out of your head and SOLIDIFY them on paper.
Have You Identified the Enemy?
One of the most powerful driving forces in human nature is competition. The desire to overcome something or some company, the need to win, the cause, can in many cases be more important than the day-to-day work of the company.
|home | site map|