Monday, July 23, 2012

Purchase a Smoothie Shop Business Plan

The smoothie shop business is a growing market to which many entrepreneurs are attracted. More and more consumers are becoming health conscious and are searching for healthy alternatives to burgers and fries, making the smoothie market a smart choice for opening your own company. One of the best things you can do to ensure the success of your future frozen dessert business is to have a strong business plan in place.

Why do I need a Detailed Plan?
A smoothie shop business plan will help you set realistic goals for your enterprise and help you plan for success at start-up and in the future. Through research and data analysis, this type of detailed map, if you will, creates new strategies specific to your company and helps you to understand the purpose and growth potential of your smoothie shop. 

Without a great plan in place, you will be attempting to operate your smoothie shop without a valuable asset that could make the difference between success and failure.  Research has shown that 95% of small companies fail with in the first 5 years but with a smoothie shop business plan in place, you have a much higher chance at success. 

Why should I purchase an industry specific plan?
When it comes to writing a detailed outline for your new venture, you have 4 options:
      Write it yourself.
Creating a detailed map to guide your smoothie shop takes time and effort. You will need to do a lot of research and data collection and then be able to take that information and configure it into a legible and professional document.  At the very least, your smoothie shop will need to contain:
·         A detailed description of your smoothie shop  and the products you will sell, the legal establishment of your company, your history and start-up plan.
·         Smoothie market forecasts.
·         A financial analysis.
·         An executive summary that highlights your strategies.
·         A strategy of how your smoothie shop will reach its target audience.
·         A financial plan which will include profit and loss, cash flow, balance sheet, assumptions, and business ratios.

2   Use a generic template.
Many people make the mistake of taking this route but a generic template won’t give you the industry specific data that you need to give your smoothie shop its best chance of success. 

3   Hire a consultant.
You can hire an independent consultant to write you a well-researches and detailed smoothie shop plan if you are willing to spend the money.  Professional consultants charge as much as $100 an hour. This means you could spend as much as $10,000 for an industry specific outline with all the research done by a professional.

4   Purchase a smoothie shop business plan template.
You can purchase an industry specific smoothie shop template with all of the information necessary to help your smoothie shop reach the level of success you dreamed possible.  

This type of industry specific document, created by professional, industry experts, is a great option that gives you everything you need without having to hire a consultant or do the research yourself. You get all of the statistics, forecasts and market data that you need to run a successful smoothie shop all for a fraction of the cost of hiring a consultant.  You'll know the specific direction your new venture will be taking and that it is as solid as can be.  Plus, you'll have the satisfaction of knowing that it was affordable too!

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