The business plan for stained glass should describe the sort of stained glass you will sell and the prices you think the products can command. The plan must outline how you will connect with clients as well: will you be commissioned for the art, or simply prepare your own plates and windows and sell them at a studio or online? How will you market the service -- online, through bulletin boards, industry magazines, word of mouth, flyers, radio, etc.? Any associations that will make it easier to sell? Other questions for a stained glass business:
• Will the business have any other employees?
• What amount of money do you need and when do you think you could break even?
• Do you have existing experience with stained glass that you can bring into the fold?
• Do you know what companies or freelance artists you'll be competing with?
Stained glass workers are true artists and your plan should convey this. Of course, if you need to submit the plan for bank funding, the main concern on their end will be your collateral, credit, and the likelihood of a profitable model after three years in business. To this end you will need to create a full financial model that projects sales and expenses over a period of three years. MasterPlans can help you work on the business plan or create the entire analysis and financial plan for you. We have experts in the office who can bring your dream to life. Call a consultant today at 877-453-2011.
