Business Planning Process: How to Start Your Business Plan
Your car wash business plan is a powerful must-have tool that helps you pave the way to realizing the vision of your car wash business. To create your business plan is a key stage in your business planning process that cannot be compromised in any way, shape or form.
To help you get started on writing your business plan, you need to understand who it is intended for and why, what are its standard components and how long it should be.
The Purpose of Your Car Wash Business Plan and the Business Planning Process
This document is intended for you and your business partners as a business gauge. It is a roadmap not just for you but for other interested parties whom you may need or want to engage with for funding or collaboration or both. As such, it should focus on what your goals and objectives are; how you will try to achieve them; what some of the challenges you foresee are and how you will try to manage them. It should take the reader from start up to break-even to projected growth of your car wash business.
The Must-Have Components of Your Car Wash Business Plan
The plan’s must-have components are:
- the business description;
- the services and products;
- the marketing plan and strategies;
- the financial plan and operational plan.
To give you an idea as to the breadth and depth of information required, we will touch on the first two items — the business description; the services and products.
The business description starts with a bird’s eye view of how it originated, where it is at, its main intentions; and how you plan to achieve the success you foresee. It must also include areas it is weak in and an outline of how you plan to address those.
Your reader will want to know about the services and products you plan to sell. They will need to understand how you have — researched them, compared them with other competing services and products, the potential suppliers, the inventory and the delivery of the services.
How Long and What Language Should We Use in a Car Wash Business Plan
All in all, the document would likely run to fifteen pages or more, depending on the complexity of your business. When compared to the business plan for a manufacturing plant, a car wash business plan will obviously be much shorter and more straightforward to execute. Still, there is a lot that needs to be clearly articulated in each section for your intended audience. Thus, you must express it in a more formal language and use precise terms that are familiar to them.
Other Articles in This Series
If you want to learn more about how to write your business plan, we want to help you. Over the course of the next weeks, we will be producing a series of articles that takes you through the business planning processes, right from the business plan cover sheet to each of the individual sections listed in a business plan table of contents. So, do come back to check them out and feel free to chime in with your comments and questions.
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