Looking for an outdoor décor business plan? Depending on whether you will mass-manufacture, custom-make, or simply sell the yard items at retail, the business plan could vary significantly in its content and presentation. If you need a considerable sum of capital to fulfill your vision and will therefore be presenting to investors, your business plan will require a five-year pro forma that projects revenues and expenses to arrive at a Year 5 net profit/ROI and a proposition statement showing what their stake might be in the décor company. If your outdoor décor concept will only require a bank loan or an expanded line of credit (LOC), then the Small Business Administration's guidelines for the business plan will apply, and a three year model showing basic start-up and revenue figures (along with a set of “monthlies†for Year 1) should suffice. Either way, answer all of the following:
• What sort of décor services will you provide (design, installation, etc.)?
• What are the precise products you'll offer, and will you make them or source them?
• Who are your direct competitors in this line of business?
• Who do you need to partner with or buy supplies from?
• What staffing levels do you envision?
• What amount of money do you need?
You should also be able to project a logical break-even point and show in detail how you will spend the seed capital you get, typically shown using a start-up summary table set and graph. The business plan pro forma is a major part of the document but don't neglect to describe the management team and key hiring timelines, as well as your marketing strategy. How will you get your products in front of the public? When do you launch various campaigns? Will you use the web, referrals/networking, print ads, flyers, trade shows, etc.? Show your vision to investors and lenders. Need help making it all work? MasterPlans has written dozens of outdoor décor and maintenance business plans and we know what it takes to get a great plan finished. Call us today for a free consultation and quote: (877) 453-2011.
