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BUSINESS
PLANS
Our business plan is a professional "blue print"
prepared just for you – each plan is tailor-made for your project and will provide a
step-by-step
path that will lead you from vision to grand opening and beyond.
Your business
plan will include the following components:
1.
Executive Summary: Objectives, Mission, Keys to Success
2.
Company Summary: Ownership, Start-up, Location, Description, Space
3.
Spa Trends: Key Findings, Areas of Interest, Consumer Trends, Cultural
Trends
4.
Market Analysis Summary: Analysis of Spa Industry, Local Market,
Competitors
5.
Offerings: Services, Products, Packages, Retail, Spa Cuisine, Current
Emphasis
6.
Strategy and Implementation: Edge, Marketing Plan, Marketing Strategy, Sales
7.
Management Summary: Personnel Plan, Time Table
8.
Financial Plans: Assumptions, Uses and Sources of Funds. Break-even, Profit and Loss, Cash Flow,
Balance Sheet.
LEARN MORE ABOUT THE CONTENTS OF OUR
BUSINESS PLANS
Let
us help you make the next move!
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Business Plan
Basics from the
Small Business
Administration
A business plan precisely defines your business,
identifies your goals, and serves as your firm's resume. The basic
components include a current and pro forma balance sheet, an income
statement, and a cash flow analysis. It helps you allocate resources
properly, handle unforeseen complications, and make good business
decisions. Because it provides specific and organized information about
your company and how you will repay borrowed money, a good business plan
is a crucial part of any loan application. Additionally, it informs
sales personnel, suppliers, and others about your operations and goals.
Plan Your Work
The importance of a comprehensive, thoughtful business
plan cannot be overemphasized. Much hinges on it: outside funding,
credit from suppliers, management of your operation and finances,
promotion and marketing of your business, and achievement of your goals
and objectives.
Despite the critical importance of a business
plan, many entrepreneurs drag their feet when it comes to preparing
a written document. They argue that their marketplace changes too
fast for a business plan to be useful or that they just don't have
enough time. But just as a builder won't begin construction without
a blueprint, eager business owners shouldn't rush into new ventures
without a business plan.
Before you begin writing your business plan,
consider four core questions:
- What service or product does your business
provide and what needs does it fill?
- Who are the potential customers for your
product or service and why will they purchase it from you?
- How will you reach your potential customers?
- Where will you get the financial resources to
start your business?
Sidebar:
"Mr. Smith, would you start a trip to a strange
place without a roadmap? Would you go somewhere you had never been
before without getting directions? So then, why would you start a new
spa business without a business plan. Failing to plan is planning to
fail." |
Primary Uses of the Business Plan
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An underwriting tool for a loan, lease or capital
contributions from investors.
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A planning and educational tool for owners and operators.
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A management tool for day-to-day operations.
 Pam Williams says:
"If you are thinking about
starting a new spa or expanding a salon or medical practice to include
spa services, you need a business plan. A lot of businesses fail
because the owner fails to properly plan - don't make that mistake with
your new spa business - let Spa Business Associates, Inc., show you how
you can benefit from their services and products. As a full-service
consultancy, SBA provides everything you need to take your dream to
reality."
Contact us toll
free today
and allow us to explain:
866 257-7772
harry@spabusinessassociates.com
Spa Business Associates, Inc. recommends Spa Finder for your day, hotel,
resort and medical spa marketing needs. For more information, click
below:
 Journey's
End
Pam welcomes Kelly Whitworth and her new Journey's End Salon and Day Spa
in Salt Lake City, Utah. Open: December 2008 |
