A hydro testing business plan depends on the type of testing you'll offer and the client base you cater to. If you do mainly hydro testing at treatment plants or for municipal bodies, the nature of your contracts will differ from a smaller testing service focused on residential customers. Depending on the sort of water services you can offer, the business plan might be either a brief synopsis or a lengthy plan; the average business plan for a start-up will be 25-30 pages. In order to know what to cover in your plan, make sure you address each of these:
• Describe the service suite in detail
• Are hydro testing engagements one time events or ongoing?
• What are you able to test for and how are results reported?
• How do you get clients?
• What marketing must you do?
The business plan for hydro testing services should also explore the market in detail. What is your territory of operations and what market forces bear on your opportunity? What are the primary competitors to your business? There should also be stats on the industry and a description in brief of the void or market need that you fill. The projections to include should have 5 years of revenue and expenses forecast with cash flow, balance sheet, profit and loss, and a break-even analysis. The plan should also show an exit strategy, an investor proposition, and a detailed use of funds. MasterPlans can write this entire plan for you in as little as 2 weeks. Call a consultant today at 877-453-2011.
