By Lanee’ Blunt
A café is a business that
can get big, depending on what you are planning on serving. Start with a
business plan because it may help you ask for funding; persuade potential
investors to support the business financially. Start the business proposal with
a market study that profiles your customer base, current sales in the market
area, and pricing features of competitors.
Write an executive summary
which is a brief summary of what the café is and where it will be located. Tell
the reader why your café is a great business for example, if it is going to
serve all organic foods. What are the services that you are going to provide?
Write the management
summary. Write your mission statement. Write about the management team. Who is
going to be the general manager? What
experience and education does he or she have? Who is going to be the chef and
the experience that he or she has?
The finance section of the
business plan should include your cash flow statements, of each year you have
been in business—up to three to five years, company income statements, balance
sheets and other financial ratios, such as a break-even analysis. Or a cost
estimate that explains the estimated cost of the building, equipment needed, cost
of installation of equipment, vehicles needed for transportation. You may
require help from your accountant or a good spreadsheet software program.
Eliminate all errors by
proofreading the business plan. Rewrite sections that are too vague and don’t
explain the full meaning of what you are planning. Avoid typos that will make your business plan
look unprofessional and amateurs. If you
don’t have the skills to write your business plan there are online resources
that can assist in formulating a business plan or there is Business Plan
software that you can purchase that will help you.
Reference:
Inc: How to Write a Bakery
Business Plan
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