Seasonal business plans might take a couple different forms. If you have a truly seasonal business model -- you run a ski lift, for example -- then more than just your financial model needs to show seasonality. You might in fact cease operations all together for 4-6 months, or go largely dormant while maintaining a skeleton staff to arrange marketing and staffing for the upcoming season. But maybe you sell snowboards online -- that too can be defined as a seasonal business, but even during the summer you'll have revenues. Depending on your needs, consider that a business plan requires:
• A full market analysis
• Description of products and services
• A look at competing businesses
• An industry snapshot/projection
• A management summary
• A use of funds statement
Any business (seasonal or otherwise) that has been around long enough to generate past performance should include a section detailing their profits and expenses for the trailing 2 to 3 business years. Along with researched assumptions and sales figures, this information can be used to make the basic inputs for your pro forma financial model. Remember that an investor will need a five year projection, while banks tend to require only three years to grant an SBA loan. The team at MasterPlans has worked on seasonal business plans of all kinds. Our experts have worked on 11,000 documents to date and have an exceptional track record. Call a consultant today! 877-453-2011.
