BUSINESS PLANS

If you are going to finance your new or existing store, you will need a business plan. If you are are going to open or invest in any business, you need a business plan for your own analysis. Your business plan puts all of your fixed and variable expenses as well as growth over a three to five year period into one readable document. It tells you and your investors or finance company that you have an understanding of your market, and the income and expenses that you will encounter. 

Your business plan should have a statement of your (and your partners) background, education, work experience, and family. A résumé is a good place to start. Another part of your business plan is an explanation of what you are trying to accomplish, where you want to put your business and why you believe it will be successful. You should discuss your competition, and what will make your business a better service in the community. You should discuss the need of your business in the community and your role in the business. If you have partners, each one should be mentioned as well as their background and role within the business.

As we have done for hundreds of our clients, ADL can assist you in putting together this most important document into a comprehensive plan for both you, your investors or finance company.