My Daycare Center will offer a secure, loving environment for children ages three months to six years and will be staffed by child care professionals trained in early learning programs and curricula.
Location and Facilities optional 1. Company Overview There are many variations and approaches on how to lay out the various components of a business plan. The primer below is meant only to explain the broad differences between the most common company types.
So for example, if you sell someone a cupcake and they sue you because they found a hair in it, and you lose in court, the creditors can legally go after your personal possessions — such as the roof over your head.
Partnerships A partnership, according to the IRS: Each person contributes money, property, labor or skill, and expects to share in the profits and losses of the company. Corporations A corporation is a separate legal entity owned by shareholders. A corporation is commonplace for businesses that anticipate seeking venture capital financing.
S-Corporations You can elect a special tax status with the IRS to have your corporation not be taxed at the corporate level instead, it would be taxed as a pass-through entity.
If you have not yet incorporated Describe the type of company you plan to open, along with the registered name you plan to use. Explain your rationale — for example, if you are starting a company where you plan on seeking venture capital financing, then you will want to start a C-Corporation as majority of VCs will insist on this legal structure.
Management Team For start-ups, and especially those seeking financing, the Management Team section is especially critical.
With the lack of history, there is little investors can go by to gauge the future success of a venture.
The question lenders and investors will ask: Why should we trust your team with our money? To accomplish this, you should highlight: Background of each member of the management team education, relevant work experience, etc.
Roles and responsibilities within the company. For established businesses If you have an established business the information you want to present is the same. Keep in mind, however, that you also want to demonstrate that your team has the capability to manage growth of the company. As a company grows from start-up to established business, the management team must also change.
What is a Board of Directors? In a publically trading company the Board of Directors is elected by the shareholders and is the highest authority in the management of the company.g Why do you need a business plan? g Where do you find help with business plans?
g What is in a business plan? g How do you prepare projections?
g Who will lend you money? g Doing it right: Your business plan checklists What Is a Business Plan? Success doesn’t just happen—it usually takes thorough planning, and of course, money always helps. Automotive, Travel & Transportation Trucking Business Plan Sample.
Use this sample business plan to get your trucking business on the road. Create an investment-worthy business plan with our template builder. Download into Word or PDF for free.
We ask the questions, you fill in the answers. Personal Event Planning Business Plan. Occasions, The Event Planning Specialists. Executive Summary. Welcome to the future of event planning!
Occasions, The Event Planning Specialists. Comment: This item shows signs of wear from consistent use, but it remains in good condition and is a good working copy. All pages and cover are intact, but may have aesthetic issues such as small tears, bends, scratches, and scuffs.
Spine may also show signs of wear. Executive Summary Summary. My Daycare Center is a start-up limited liability corporation (LLC) owned by Andrea Case and doing business in Gaithersburg, Maryland.