How long should your business plan?
The answer is that no one might be in school for a business plan, that is, â € œas long as it needed € bea. The more complex a business or the more sophisticated investors or Fund is requested to increase the length of a plan. An average car wash business plan narrative should be 4-15 pages plus financials and Annex items.

Business Plan Outline

Executive Summary
The executive summary is the first part of the business plan, but is the last to be written. It gives the reader a quick overview of what is your business proposal and what you want. This part is critical as most readers of this section before deciding whether further read scan.

The summary should normally be about half a page in length and contain what you cover in an elevator pitch such as:

Concise is the key in the Executive Summary. They will go into more detail later in the business plan.

Description the activity
The purpose of the business description is to objectively describe washing business include details and future potential:

All numbers or to observe facts and sources in the business plan. This information is important, you should need to defend your assumptions and data. The business description is where you try to paint a picture of the potential support of your company together with the facts. Try to inject energy and excitement to get excited about the reader received from that idea, without going overboard, of course.

After the description of the company, it is to describe the time and additional products or services Wash your car sold. Note that it is important to show how your products and services are better than the competition. If you donâ € ™ t have a good answer than you should rethink your strategy. What does it wash your car, go to the customer to change business with the competition get?

Marketing
A very important part of your business plan is the marketing department. Regardless of the quality of your products and your services, your company shown in the confusion of advertising be. If you donâ € ™ t know your customers how they will ever see? All this begins with some research.

Customer: Who is your market
The first Step is to determine who you become, to sell by identifying common characteristics of your market, such as age, income, race, religion, education, interests and / or geographic locations. While everyone wants their car wash product like you want to advertise effectively to all and still make a profit? What you need to do instead is determine the group or groups of people most likely your car wash services and market, they must be used. After all the try for a positive return on marketing dollars generate they sit with caution.

Competition
In today's ultracompetitive market, there is going on, the competition, no matter how creative your business concept is. The attempt to drive a part of your car wash business better than the competition will be a difficult task, it is often better to be different from the planning to focus his and compete with them less directly. Can you serve a particular market niche such as the elderly, to be the isnâ € ™ t see? Can you a unique Operations / marketing / sales strategy with a mobile approach? Even if you donâ € ™ t direct competition in your region have someone sell the same meaning or similar products / services, you have indirect competition for the replacement products / services. If you indicate in your plan there is no competition seen that they either no market for your product or you have not done your research.

Ideally, you will find information on at least three but not more than five competitors want. List information about who they are, how long they been in business, location, products or services offered, perception on the pricing, quality, etc. and compare your advantages and disadvantages. If the information you seek is not available online, you may have to pretend, You are a customer to get some of this information.

Distribution – How do you get the product to the customers: By looking at your market and the competition is to have You an idea of how your product in order to preserve them. Perhaps through your research you find a strategic advantage for customers that do not serve the competition.

Support Strategy
With the above steps researched, the promotional strategy follows. The advertising strategy is where most entrepreneurs, how they go the blanket statement that, to advertise in the Newspapers fail to use to reflect radio and / or TV without going through the process or the customer. The advertising strategy offers you a card, as you can about your market as possible efficient way to reach out. Advertising is expensive, properly used.

Sales forecasts
On the most difficult areas of the business plan is coming up with sales projections. This figure is likely to be wrong and thatâ € ™ s ok. What you want is a reasonable figure, with data backed up. Just grabbing a Number from the air do you say $ 300,000 wonâ € ™ t work. There are too many sources of help to come with that number, including:

Pricing
The effects of pricing play a large role in how your product perceived by the market. Price too low compared to the competition and your product could thus be perceived cheap and unreliable. Prices are too high, with the features and benefits of your product and some customers through the door. While this a complex problem, here are a few things to keep in mind.

Management & Staff
This section would describe, who manage the business on a daily basis and the strategic direction (if these positions are separate) is. Each of these people must have a short biography and contain a resume in the appendix. Try to show how the experience and the education of these people are able to successfully execute the strategy in the Business Plan and to be successful. In many cases, the owner can not be on the specific experience for this business, it is very important to take to their professional experience in other and explain how to make it a successful operation. Next a brief explanation of the employees is in order, including:

It is also recommended to the professional and consultant for your business. These people are:

Operations & Location
The operations and location section of the plan shows how to make yourself or buy your product and information on the location of your business.

Operations â € "Explain how and where your products or services are made. A couple of points that included in your plan
What does your car wash To run the steps in your service are?
Who are your suppliers?
What are the conditions and lead time for this product?

Location â € "place is where you are in business. If you are in the classic, I get Cana € ™ t until I get my site a credit, so I canâ € ™ t aim of my business plan scenario list of what you are looking for in a building together with the average prices or rents and pad that a little Number just in case features. A few things to add:

Financial Projections
Financial projections are placed at the end of your business plan before the system but a very critical piece to the plan. The three "must-have financial statements is a cash flow statement, a profit and loss statement and a balance sheet. The information that is common even in the narrative part of the business plan must be to the financial projections provided. Most financial projections for three years. It is a good idea to also contribute a Notes & Assumptions to Financial Projections page both have all your Numbers come through and provide a detailed list to provide clarity for the reader.

Notes assumptions and Financial Projections
Loans

Financial Projection sections

Startup costs â € "These are all costs that will arise before you open your car wash. It is recommended that quotes are available or included in the system for the larger parts. It is also recommended that your numbers, because some will always Pad be unexpected expenses that were not recorded.

Sources and uses of funds â € "This section details how the loan money will be used (Inventory, car wash, repairs and improvements, working capital, etc) and the provision of IT (bank, investor or owner). You will probably have to 20% of injecting your own money and maybe more, depending on risk assessment of the business and personal finances.

Cash Flow – The cash flow statement is one of the most important parts of your business plan. It shows a timetable for the money coming into the business and expenses that are paid and whether you have enough money to the business shall have acquired, sustained during the warm months to cover the costs during the winter months. Every part of your business plan is important, but none of this is one thing, if you run out of cash. Should this number be negative, you need either to increase revenue, reduce costs and more money. Your cash flow statement is usually three years with the first year of the analysis of the monthly figures and later by quarter. Dona € ™ t be intimidated with the cash flow statement, as it is merely a future to look into your checking account.

Profit & Loss â € "This statement, while similar to the cash flow statement presented, but examined annually for the effects of non-cash expenses such as depreciation and amortization to an accounting review of the operations of your business.

Balance Sheet â € "The balance sheet is a summary of the value of all assets, liabilities and equity for a company at the end of each year. A balance will often show as a "snapshot" of a company's financial performance and shareholder value over time.

Personal Financial Statement â € "If you are looking for Bank financing of any person or more than a 20% ownership position will need a personal financial statement Provide to show how effective they are at managing your money. This statement shows your assets (checking & savings accounts, cda € ™ s ira, 401K, valuables, home, vehicle, etc) and assets (mortgage, credit card bills, installment accounts, etc)

Facilities
Appendix items are various pieces of information, help you to make your case. Include details and studies used in your business plan, for example:

There is a lot to creating your business plan but Your business is definitely stronger. While it may seem easier to have someone write your plan, there is no substitute to write it yourself. This is your business and by writing it yourself you better understand your business and strategies for success. There are also lots of free business plan templates and workbooks on the Web available to help you get started. You can help get started creating your business plan and then change it for your car wash business.