BUSINESS PLAN TEMPLATE (FRANCHISE) This is a sample outline for a business plan to be used by a start-up operation to request funding.
Include as much detail as possible about anticipated sales and direct costs like materials and overheads.
Try and give an idea of how much money will be coming in and going out of your business.
Putting one together for a franchise business is different to a standard one though.
First of all, you need to be aware of the needs of both the franchisee and the franchisor.
EXECUTIVE SUMMARY Complete this section at the end. If purchasing real estate, calculate the estimated rent expense saved over the life to the loan.)Franchisor Business Plan Example ONLY BUSINESS PLAN TEMPLATE (FRANCHISE) This is a sample outline for a business plan to be used by a start-up operation to request funding.
Use this section to summarize the major points to be addressed in the rest or the plan. It is also possible, to use the template for existing businesses and those not pursuing funding. Begin with a table that outlines the major use of funds categories (such as building purchase, build-out, equipment, franchise fees, working capital reserves, etc.) and amounts required, then follow it up with a paragraph or two describing each use of funds category in greater detail.Outline who is responsible for what, whether the franchise will have sole or multiple owners and if you’ll be involved in day-to-day operations.Go into more detail about what you’re offering and why you think it’s the right time to put out what your product or service.Examine current market conditions: whether it’s a growing market, who your competitors are and how future-proof it is.Remember to include relevant facts and figures as well as referring to expert forecasts. It’s also vital to mention resources you’ll be using to operate your business.Highlight your ‘break even’ sales figure shown as percentage of anticipated sales.You’ll also need to include the amount of money you’ll need to take out of your business to live on.For some extra help, have a word with other franchisees about how they created their business plans and if you’re looking to finance your business, chat with an accountant.There’s no set length for a business plan – but the more concise it is, the better.You can follow the outline for the rest of the plan for the format of your executive summary. If you do, summarize each subsection with a bullet-point sentence or two.