Business Plan Example Service Business

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Business Plan

Creative Cribs

111 Anywhere Street

Winnipeg, MB R2R 2R2(204) 775CR!B (2 742)www"#reative#ribs"#a

$%ai&' e#r*#reative#ribs"#a

January 1, 20XX

Service Business Plan ExampleSYOB – Mira

mailto:[email protected]




Contents

Section Page No.Introduction 3Organization 4Market 5ompetition !"#as$ %lo& Pro'ection ()ame and *ocation (Promotion +%inancial +

,ttac$ments

,ttac$ment -. " *ogo ./ ,ttac$ment -0 " %l1er .. ,ttac$ment -3 " *etter .0 ,ttac$ment -4 " Business ard .3 ,ttac$ment -5 " In2oice – Sample onl1 .4 ,ttac$ment -! " as$ %lo& ,nal1sis .5 ,ttac$ment -# " Income Statement .! ,ttac$ment -( " Proo o Expenses .#

Business Plan – Creative Cribs Page 0 o .#



Business Plan

Creative Cribs

Section 1 - Introduction

I plan to start a usiness or painting and decorating o $ouses M1 usiness &ill

e oered as a ser2ice to m1 customers 6$e ser2ice &il l e in demand &$en a

$ome"o&ner &is$es to c$ange t$e interior or exterior colour sc$eme7 ut &ill

e a need i t$e exterior paint is c$ipping7 or t$e interior paint $as een

damaged

6$e ser2ices o usiness &ill include8

exterior painting o t$e siding7 ascia oards7 ea2es troug$s and &indo& rames

9including scraping old paint and mixing t$e colour re:uested;

spra1 painting t$e stucco 9including co2ering all &indo&s and doors &it$

cardoard;

painting t$e ence 9including scraping old paint;

interior painting o &alls 9including scraping7 illing $oles in plaster7 taping &it$

masking tape;

stripping and staining<painting &ood&ork and kitc$en cupoards

texturing ceilings

Business Plan – Creative Cribs o .#



Section ! - "ar#et

M1 target markets &ill e $ome"o&ners &it$in a 4/"lock area rom m1 address

6$ese $ome"o&ners are et&een 3/ and 55 1ears o age and a e& t$at are et&een

55 and #/ 6$e $ome"o&ners are couples7 married couples7 and single people7

t$ereore7 are ot$ male and emale 6$e a2erage size o eac$ amil1 ranges rom t&oto our people 6$e a2erage amil1 income is et&een @0! /// and @!/ /// 6$e

market includes teac$ers7 oice &orkers7 entrepreneurs7 and a e& doctors and la&1ers

6$e education o m1 potential customers ranges rom secondar1 to post"secondar1

college and uni2ersit1 degrees

Most customers in t$e market &is$ to u1 t$e ser2ice o exterior painting during t$e

earl1 spring7 late summer7 and earl1 all 6$e1 usuall1 u1 t$e ser2ice o interior painting

in late all 9eore $ristmas;7 during t$e &inter and during t$e spring I can do a etter

'o on a rig$t da17 t$ereore7 all painting &ill e done in t$e morning and aternoon onl1

, painting 'o usuall1 lasts i2e or six 1ears7 ut it is possile to $a2e repeat usiness

e2er1 t$ree 1ears

I elie2e t$at people &ill purc$ase m1 ser2ice ecause o t$e &eat$er and &ear and

tear on t$e present paint 6$is &ill e a need or most customers and it &ill e a planned

purc$ase7 &$ic$ means it &ill $a2e to e part o a udget =o&e2er7 i t$e $ome"o&ner

$as 'ust oug$t t$e propert17 per$aps t$e paint &ill e in good condition7 ut t$e colours

do not matc$ t$e urniture In t$is case7 t$e ser2ice &ould e a &ant

I plan to distriute l1ers to t$e market area and call ack to eac$ $ouse a e& da1s

later In t$is &a17 I can meet t$e potential customers and $a2e a etter rapport &it$

t$em I &ill also rel1 on &ord o mout$ and leads rom pre2ious customers to en$ance

m1 marketing plan

6$e c$annels o distriution in2ol2ed is a producer to a consumer I &ill e t$e producer

&$o pro2ides t$e laour and supplies to t$e consumer

Business Plan – Creative Cribs o .#



Section $ - Co%&etition

6$ose usinesses &$ic$ are pro2iding an identical ser2ice are8

Aeecer Painters 9&&&reecerpaintca; operate rom 5#0 Barr1 Street in St

ames7 Manitoa 6$e compan1 $as an ad in t$e 1ello& pages and distriutes

l1ers eac$ spring 6$is compan1 $as een operating t$e usiness or .! 1earsand $as ./ emplo1ees

Suns$ine Cecorators 9&&&suns$inedecorca; operate rom an oice at 3///

Pemina =ig$&a1 in t$e sout$ end o ?innipeg 6$e compan1 $as an ad in t$e

1ello& pages and it distriutes l1ers eac$ spring 6$is compan1 $as een doing

$ome and commercial painting in all areas o t$e cit1 or t$e past t&o summers

Suns$ine $as i2e emplo1ees

S D S Painting 9&&&sspaintingca; is located at 35 Somerset ,2enue in %ort

>arr1 6$is usiness is run 1 t$e o&ner &$o $as one emplo1ee It is a part"time

usiness as a supplement to a regular 'o 6$e usiness $as een successul or

more t$an 0/ 1ears ,ll reerrals come rom pre2ious customers and t$eir riends

and amil1

6$ose usinesses &$ic$ pro2ide an indirect ser2ice are8

Sampson Impro2ements 9&&&sampsonimpro2ementsca; is located at Polo

Park 6$e compan1 pro2ides a $ome impro2ement ser2ice &$ic$ includes

aluminum or 2in1l siding7 ea2es troug$s7 soits and &indo&s7 and steel doors B1

installing t$e siding7 uture painting is eliminated 6$e compan1 can also suppl1

laour to install products

Master %encing 9&&&masterenceca; is located at 3#5 ?allace Street7 in

?innipeg 6$e compan1 pro2ides and installs c$ain link encing ?$en a $ome"

o&ner purc$ases c$ain link encing7 painting &ill ne2er e necessar1

Business Plan – Creative Cribs Page ! o .#

http://www.reecerpaint.ca/

http://www.sunshinedecor.ca/

http://www.sspainting.ca/

http://www.sampsonimprovements.ca/

http://www.masterfence.ca/

http://www.reecerpaint.ca/

http://www.sunshinedecor.ca/

http://www.sspainting.ca/

http://www.sampsonimprovements.ca/

http://www.masterfence.ca/



Section $ ' Co%&etition cont(d

I &ill pro2ide an eicient ser2ice or $ome"o&ners in m1 market area I &ill a2oid

o2erooking In t$is &a17 I &ill e a2ailale to do 'os &it$in a speciic period o time I

also $a2e t$e experience to do painting :uicker and more eicientl1 t$an some o m1

competitors 6$e ser2ice &ill e etter ecause I &ill do t$e &ork m1sel 6$e price &ille lo&er as m1 o2er$ead is lo&er

6$e market potential in t$e painting and decorating usiness is some&$at less t$an

&$at it &as t&o 1ears ago7 due to t$e econom1 and t$e uncertaint1 o 'o securit1 6$is

means t$at man1 customers postpone t$e redecorating ecause it is not an asolute

need =o&e2er7 I eel t$at t$ere is enoug$ &ork or me7 e2en t$oug$ t$ere are 0/ to 3/

competitors

I eel t$at I &ill otain i2e per cent o t$e painting and decorating market

Business Plan – Creative Cribs Page # o .#



Section ) - Cas* +lo Proection

6$e cas$ lo& pro'ections or m1 usiness are8

I plan to c$arge @2)0 or a standard 'o o painting a li2ing room7 $all7 and one

edroom M1 price is ased on a contract price &$ic$ includes laour7 supplies7

and preparing &alls or painting I plan to complete one 1/ standard 'os in one &eek In ul1 and ,ugust7 &$en

I am on summer 2acation7 I plan 0 complete 0 additional 'o per mont$

6$e re2enue or one &eek &ill e @2)0 9@05/ x .;

6$e re2enue or one mont$ &ill e @. 000 9@05/ x 4;

6$e re2enue or one 1ear &ill e @1! 000 99@. /// x ./; 9@. 5// x 0 Ful1 and

,ugustG;

Section ' Na%e and ocation

6$e name o m1 compan1 is Creative Cris I c$ose t$is as m1 usiness name as

it s1molizes m1 creati2it1 and m1 1out$ as t$e reerence to Hris is a teen sa1ing or

H$omes , logo $as een designed or m1 usiness

M1 compan17 Creative Cris7 &ill e located at 111 3ny*ere Street

4inni&eg, "B 525 252

M1 parents li2e at t$is address 6$e1 $a2e gi2en me permission to store m1 supplies7

e:uipment7 and truck in t$eir garage at no c$arge 6$is &ill cut do&n m1 o2er$ead

expenses

6$e actors o production in2ol2ed in m1 usiness are8 and8 &ater or cleaning rus$es and roller7 gasoline or t$e truck Ca&ital8 paint7 ladders7 truck7 rollers7 rus$es7 paint tra1s7 masking tape7 drop

s$eets7 spra1er7 and paint t$inners aour 8 m1 eort7 ot$ p$1sical and mental 6ec*nology8 ne& impro2ed aster dr1ing paints7 impro2ed rollers7 tra1s7 masking

tape7 and mac$ine to install tape and splas$ paper at one time

Business Plan – Creative Cribs Page ( o .#



Section 7 - Pro%otion

?$en I start t$e usiness7 I &ill distriute a l1er to e2er1 $ouse &it$ a ten"lock

area I &ill gi2e out usiness cards and send usiness letters to prospecti2e customers

I &ill use a smaller area at t$is time in order to ind out t$e actual potential I &ill return

to eac$ $ouse a da1 later and talk to t$e o&ners personall1 6$is &ill gi2e me t$epersonal contact t$at is necessar1 to uild a reputation M1 l1er7 usiness card7 and

usiness letter are attac$ed to t$is usiness plan

Section 8 - +inancial

opies o t$e as$ %lo& ,nal1sis and Income Statement or Creative Cris are

attac$ed to t$is Business Plan

3ttac*%ents

6$e attac$ed are representati2e o t$e ser2ice t$at t$e compan1 markets8

ogo

+lyer Business etter

Business Card

Invoice ' Sa%&le

Cas* +lo 3nalysis

Inco%e State%ent

Proo9 o9 :;&enses

Business Plan – Creative Cribs Page + o .#



3ttac*%ent <1 - ogo

Business Plan – Creative Cribs Page ./ o .#



3ttac*%ent <1 ' +lyer

Business Plan – Creative Cribs Page .. o .#

CreativeCribs is

o99ering *ouse&ainting anddecoratin in

We use only tp +a&ity Snshinelatex paints and have three years

experience in:Interior and exterior painting

Accurate mixing of colours

Matching and renishing

woodwork cabinetsWallpapering

-&ease #a&& (204) 775CR!B(2742) .r a written

esti%ate"/r pri#es are very

#% etitive



3ttac*%ent <! ' etter

Business Plan – Creative Cribs Page .0 o .#

" Mira, /wner111 Anywhere

StreetWinnipeg, MB R2R

2R2(204) 775CR!B (2

742)www"#reative#ribs"

#a $%ai&'e#r*#reative#ribs

anuar1 .7 0//#

=omeo&ner ... =ome =a2en?innipeg7 MB A0A 0A.

Cear =omeo&ner8

Is 1our $ome is need o a dJcor c$angeK *et reati2e ris $elp 1ou$a2e HPaint D CJcorLBetter t$an eore

?e use onl1 to& =uality Suns*ine latex paints and $a2e t$ree 1earsexperience in8 Interior and exterior painting

,ccurate mixing o colours

Matc$ing and reinis$ing &ood&ork D cainets

?allpapering

6exturing ceilings

Please call 90/4; ##5"AIB 90#40; or a competiti2e &ritten estimateOr 2isit us on t$e &e at &&&creati2ecrisca You ma1 contact us 2iaemail as &ell at dJcorNcreati2ecrisca

6$ank 1ou and &e look or&ard to making 1our $ome eautiul

Yours trul17

Mira7 O&ner Creative Cribs

http://www.creativecribs.ca/




mailto:d%C3%[email protected].%5C





mailto:d%C3%[email protected].%5C



3ttac*%ent <$ ' Business Card


" Mira, /wner

111 Anywhere Street

Winnipeg, MB R2R 2R2(204) 775CR!B (2 742)www"#reative#ribs"#a

$%ai&'e#r*#reative#ribs"#a







3ttac*%ent <) ' Invoice ' Sa%&le only




3ttac*%ent < ' Cas* +lo 3nalysis

Business Plan – Creative Cribs Page .5 o



5evenuePainting .37/////@*oan 5////

>ross Pro9it .375////

:;&enses

*oan Pa1ment !////@Crops$eets 43//

*adder 0//// Brus$es .3///

Aollers .(/// 6ra1 4/// Paint #4/// Sandpaper 4.// Pol1illa 3/// >asoline 04/// *aour 074////

6otal :;&enses 47!44//

6otal :arnings 8,8).00?

reati2e risInco%e State%ent

or t$e 1ear ending Cecemer 3.7 0/QQ

3ttac*%ent <7 ' Inco%e State%ent

Business Plan – Creative Cribs Page .! o .#



3ttac*%ent <8 ' Proo9 o9 :;&enses

:;a%&le@

Internet &rintout ' Paint cost

711-51X - 100% acrylic latex interior paint

• Washable design finish with no gloss, that dresses up walls in living rooms, dining rooms, bedrooms and

ceilings

• New VOC (volatile organic compounds) emission-free formula

• Outstanding resistance and adhesion

• High hiding power

• vailable in !"# m$ and %&' $

C ti C ib

3ctual costs or all expenses s$ould e included &it$prices Hproo and pictures i possile8 Internet printouts

%l1ersatalogs

Sunshine

Paint

Price@ ?20.00A allon

Business Plan Example Service Business

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