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Right I've got his idea...and I need to do a business plan

7 replies

Katymac · 26/02/2006 21:53

I've done one before but it was very much focused on practicalities

I think this one needs to be a bit more finance focused

How do I go about it?

I have business link due on Wed and I want to look quite professional

OP posts:
Katymac · 26/02/2006 21:54

"his" idea....it's mine honest I ment THIS idea

OP posts:
lunavix · 26/02/2006 21:57

I know I'm going to be no use nor ornament but I'd just stress you are already practically doing what you want just you want to take it away from a home based setting to concentrate on your strengths. At the end of the day, you're experienced both practically and financially, you're just really changing the setting!

Katymac · 26/02/2006 22:02

I'm planning on leaving the C/Ming to run itself....DH & my ladies can do it providing me with enough income that the new venture doesn't need to make a profit straight away

What you are saying makes sense and I will mention/emphasise it butI really want to look good as the c/ming doesn't bring in much money (profit)

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lunavix · 26/02/2006 22:08

but you did make a profit second year to first didn't you? Emphasise that

Katymac · 26/02/2006 22:09

Yes loss first yr£800
Profit 2nd £6K

So that's reasonable isn't it?

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lunavix · 26/02/2006 22:09

Definately and it shows you're willing to plough on through...

Katymac · 26/02/2006 22:11

I think I'll need some numbers tho'

How can I know/guess/estimate when children will start?

How do I work out staffing (cos initially it will probably be part - time.....ansd I count for 1 person & I won't be paying me)

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