Example of a sample business plan: templates and tips for a good start

The sample business plan provides entrepreneurs with a value that, despite not being able to compare with having the finished product already in their hands, is decisive for the success of their initiative. The plan includes an exhibition accompanied by financial calculations, the result of a process of research and reflection.

Through different issues, this prior analysis requires reflecting on the business from a systematic approach, which delves into the details, prevents overlooking important aspects and facilitates a more critical assessment of one’s own ideas. Although it requires an investment in several weeks. It avoids errors of much more expensive consequences for the company in the future and allows the initiative to go ahead, for example, achieving the necessary credit for it.

Sample business plan: how to start the process and the document

In any example of a sample business plan it can be verified that the first part usually corresponds to an executive summary. It explains the fundamentals of the proposed business:

• What market segment do you manage?
• Who are the owners?
• What will the future bring to the business and the industry?

While this section must convey the enthusiasm of entrepreneurship. It is also recommended that the exhibition be concise. Since, throughout the sample business plan, it will be possible to go into detail.

A general description of the company continues the explanation of the project in any example of business plan. It is about resolving doubts about the activity and the type of business in question.

In this section, it is advisable to include information about:

• Mission, vision and objectives of the company: we must get to familiarize the reader of the sample business plan with the philosophy of the company.
• Target clientele: the rationale for this explanation is to resolve the issues that the reader may arise about who will be selling the products.
• Industry forecasts, short and long term: you have to describe the sector, point out if it is a growing industry. And detail the expected changes in the future and the preparation of the company to adapt to them.
• Strengths and main competences of the company: it is time to reveal what factors will make the company succeed, what are its main strengths and what are the experience, skills. And personal strengths that the team brings to the initiative.

Tweaking the content: example of infallible business plan

When reviewing an example of a business plan, unless it is a generic one, it is always verified that the content is similar to others, although slightly modified to adapt to the audience for which it is written. At times, the reader will be the representative of a financial institution. With the power to decide about the granting of a loan. In this case. It is advisable to orient the content to the demonstration of payment guarantees.

Thus, we must specify data such as:

• Amount of the credit to request.
• How it is planned to use the funds.
• Objectives that the credit helps to fulfill.
• Conditions in which the loan is requested.

In the event that the sample business plan is oriented to investors, it is important to understand that they have a different perspective. What they are looking for is an important growth to be part of and, therefore, information about:

• Necessary funds in the short term.
• Funds needed in two to five years.
• Proposed way of using the funds.
• Estimated profitability of the investment.
• Exit strategy for investors.
• Milestones or conditions.
• Presentation of financial reports.
• Participation of investors in the board or in the management.

Business plan models for a restaurant

The business plan for a restaurant is a document that works as a roadmap for a new company. In this post we will see several models of a restaurant’s viability plan.

The business plans of a restaurant are the key for any hotel business.

Business plan for a restaurant: models

The business plan of a restaurant in addition to serving as a guide or manual for the owner, will be an essential requirement to present in case that the previous financing is necessary to start up any investment in restoration.

In principle and although there is no standard model for making a business plan for a restaurant, any feasibility plan model must contain the following basic points:

• Executive Summary
• Presentation of the restaurant
• Market study
• Commercial strategy
• Production and Human Resources.
• Economic financial analysis.

Executive Summary

First, it is necessary to prepare an executive summary. In this section, rather than describing the business itself, it is about selling it to potential investors, exposing the main points of your idea.

If they do not like it, they will most likely lose interest and stop reading. But remember that it is a summary.

Presentation

Then the idea of ​​the restaurant is developed, what will be its characteristics, what are its differential values. And it is presented to the promoters of it.

We could say that this part of the model plan for a restaurant should answer the following question: what will my business offer?

Market study

This section is vital for any feasibility plan of a restaurant.

The market study tells us what the best location for the restaurant is, studies its competence. And describes potential customers, among other data. In short, it analyzes the market and the possibilities of success of our hospitality business.

Commercial strategy

On the other hand, it is important to include the commercial strategy. That is, the description and variety of the menu of the restaurant.

Production and human resources

In this section of the business plan of the restaurant we talk about the staff needed to start up the premises and the personnel management.

Economic-financial analysis

At this point, three sections are broken down:

• Necessary investment
• Financing
• Expenditure and revenue forecast

SWOT Analysis

Finally, the business plan of the restaurant must end with the SWOT analysis, that is, a study of the Weaknesses, Threats, Strengths and Opportunities of the project.

In all these essential points, we hope that knowing the business plan model for a restaurant has served you.