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Take the time go through a table of contents and thumb through.
Examples available from Barnes & Noble: 2 The Executive Summary For some businesses this is the most important part of the business plan because it summarizes what the company does, where it is going and how to get there.
Determining the Sales Potential store In retail business, your sales potential depends on location.
A good retail business plan gives the retail firm a pathway to profit. In making your business plan, the first question to consider is: What business am I really in? "If there is one thing I know," you say to yourself, "it is what business I'm in." Hold on and think. He was in the real estate business, buying and selling lots.For example, are nearby industries working full time? Did any industries go out of business in the past several months?Are new industries scheduled to open in the next several months? A business plan allocates resources and measures the results of your actions, helping you set realistic goals and make logical decisions.
The pages of this Guide are a combination of text and suggested analysis so that you can organize the information you gather from research to develop your plan, giving you a progression from a common sense starting point to a profitable ending point. The success of your retail store business depends largely upon the decisions you make. Remember first that the lack of planning leaves you poorly equipped to anticipate future decisions and actions you must make or take to run your business successfully. A plan with goals and action steps allows you to guide your business through turbulent often unforeseen economic conditions.