|
Starting a small
business is always risky, and the chance of
success is slim. According to the U.S. Small
Business Administration, over 50% of small
businesses fail in the first year and 95%
fail within the first five years. Whether
you are starting a new Bed and Breakfast are
looking to raise additional capital to
expand your currently profitable Bed and
Breakfast, or looking to evaluate and value
your B & B to sell, current statistics prove
that you will do much better with a business
plan than without. According to Dunn and
Bradstreet the primary reasons for failure
vary, but all of the reasons come under the
category of poor planning.
You are a part of a 23.8 billion
dollar lodging Industry in the United States
representing one of the most competitive
Industries in the world. Your management
decisions will decide whether your Inn
survives or thrives in the face of increased
competition. The most important benefit of a
business plan is that it sets the stage for
the future of your business as you want it
to be positioned in the marketplace. A
business plan will make it easy for your
banker to take action as he/she gains
insight into the details of your Inn and the
goals that you have outlined. Potential
investors can review your plan and decide
whether or not to make an investment based
upon the risk. You will benefit most as you
study and gain detailed insight into your
own operations. Updating and constantly
reviewing your plan will give you more
insight as both a manager and decision
maker.
TIME IS MONEY...We have estimated
that it takes an average of 100 hours to
research, and write a comprehensive business
plan within any Industry. Creating and
compiling the five year financial plan and
forecasts including 5 years of budgets,
income statements, balance sheets, cash flow
analysis, and key financial ratio analysis
can take more than 20 hours of work by you
or your accountant. Now consider sitting
down in front of your computer to edit and
fill in the details of an already written
and organized complete bed and breakfast
business plan. Whether you are converting a
home and starting a 5 room bed and breakfast
or purchasing a 22 room existing B&B with a
restaurant and bar (Financial Calculators
are already built in if you decide to have a
restaurant and/or a bar all numbers then
consolidate), or you are looking for
expansion capital to open your second
location you will be able to edit this plan
into your own.
ALREADY RESEARCHED...ALREADY
WRITTEN
The Current Lodging Industry Analysis
included and trends forecast, was written
based upon current
Industry Sources. Now use your
computer's word processor to turn this
sample plan into your own. Enter your food
and beverage revenue assumptions, your
operating expense assumptions, and your cash
flow assumptions into the QuickPlan®
five year forecasting template using your
computer's spreadsheet program. You will
immediately have five years projected month
to month operating budgets, income
statements, balance sheets, cash flow
analysis and key financial ratios. Once you
have finished editing, print your plan and
simply insert it into the three ring binder
included, indexing it according to the
pre-labeled inserts.
QuickPlan®Bed
and Breakfast is a 360 page
comprehensive business plan based on an 18
room Bed and Breakfast Inn. It includes hard
copy and software for you to edit into your
own. Then simply insert your copy into the
three ring binder and organize it with the
pre-labeled index included.
The Complete
plan consists of hard copy and software
files of the following :
|
Before
You Begin Checklist |
2 pages |
(Text
file) |
|
Confidentiality Agreement |
1 page |
(Text
file) |
|
Table of
Contents |
6 pages |
(Text
file) |
|
Executive Summary |
9 pages |
(Text
file) |
|
Business
Description |
4 pages |
(Text
file) |
|
Current
2006 Lodging
Industry Analysis, including Bed and Breakfast
growth rates 1997-2005 by State and
Region. |
48 pages |
(Text
file) |
|
Marketing Strategy |
7 pages |
(Text
file) |
|
Location/Operations |
6 pages |
(Text
file) |
|
Management |
3 pages |
(Text
file) |
|
Financial Plan |
5
pages |
(Text
file) |
|
Employee
Manual |
10
pages |
(Text
file) |
|
B&B
Operations Manual |
16
pages |
(Text
file) |
|
Restaurant Operations Manual |
27
Pages |
(Text
file) |
|
Bartender Operations Manual |
20
pages |
(Text
file) |
|
Bar
Manual Daily Inventory |
11
pages |
(Text
file) |
|
Bed and
Breakfast /Lodging Industry Forecast |
17
pages |
(Text
file) |
|
Current
Restaurant Industry Forecast
2006 |
45 pages |
(Text
file) |
|
Letter
of Intent to lease |
2
pages |
(Text
file) |
|
Menu/Facility Fact sheet |
2
pages |
(Text
file) |
|
HOW
TO RAISE MONEY/SBA CHAPTER |
23
pages |
Hard
Copy |
|
The
Small Business Administration’s 31
most asked questions |
9
pages. |
Hard
Copy |
|
SBA Auto Forms, fill them in on your
computer:
Checklist for SBA presentation.
requires
Its FREE! |
2 pages |
(Text
file) |
|
Loan Application Standard |
7
pages |
Acrobat
File/Text |
|
Low Doc App. for up to $150,000 |
8
pages |
Acrobat
File/Text |
|
Short Form Express up to $50,000 |
5 pages |
Acrobat
File/Text |
|
Statement of
Personal History |
2 pages |
Acrobat
File/Text |
|
Personal Financial Statement |
2 pages |
Acrobat
File/Text |
|
ADA Guide for Small Business |
15
pages |
Acrobat
File/Text |
|
Five
year Forecasting Matrix
|
42
pages |
(Excel
File) |
|
Bed and
Breakfast/Hospitality Resources |
|
(HTML
File) |
Five Year
Forecast Matrix (Spreadsheet File); type in
your assumptions and all of the following
statements are immediately calculated....42
pages;
Years 1-5 Month
to Month Operating Budgets and Years 1-5
Month to Month Income Statements
Years 1-5 Month
to Month Balance Sheets and Years 1-5 Month
to Month Cash Flow Analysis
Years 1-5
Financial Ratio Analysis and Years 1-5
Summary Statements
Years 1-5 Break
Even Analysis
Auto Generated Use of
Proceeds
Auto Generated Summary
Charts
EMAIL ME A DEMO
The financial
matrix assumption section asks for over 615
lines of assumptions, (easy to use,
assumptions that don't apply to your
operation just plug in a 0), including
operating expense line items, balance sheet,
working capital, and financing assumptions,
the matrix even includes two financial
calculators built in to give you copies of
the amortization schedules for your
financing assumptions:
Bed and
Breakfast/Hospitality Resources on the
Internet over 350 html links
..(html file) to all of the following
categories on the Internet, (already in
html, just point and click)...Bed and
Breakfast Associations, Beverage Resources,
Culinary, Free Newsletters, Government,
Internet Marketing/Design
Services, Management resources, Point of
sale Reservation and Inn Management Software
Vendors, Publications, Recipes, Recruiters,
Restaurants and Chains, Restaurant
Directories, Culinary Schools and
Universities, Suppliers, and Other
Technology.
Starting with
the, "before you sit down checklist", you
will gather your information together to
edit each chapter into your own on your word
processor,( Windows, etc...). Remember that
you are editing a plan that is already
written around an 18 room Bed and Breakfast
so you can research as you write. Pull up
the Five Year Financial Forecaster
Spreadsheet and insert your operating
revenue and expense assumptions..... single
room rate, double room rate, number of
rooms, occupancy rate, cost of goods sold,
and operating expenses, and now study your
first year cash flow analysis to answer the
question of how much money you are going to
need. All five years of financial statements
are calculated and ready for printing and
insertion into your plan. Once finished ,
print up your plan and simply place it into
the three ring binder indexing it according
to the pre-labeled indexes included.
Order Online
Order Now Call
1-800-417-7017
More Detailed
Outline;
-
Title Page.
-
Confidentiality Agreement.
-
Table of Contents.
-
Executive Summary
covering Statement of Purpose,
Business Description, Industry
Analysis, Marketing Strategy,
Location and Operations,
Management, and Financial Plan
including Use of Proceeds,
Exit/Collateral/Payback
Strategy, and Conclusion.
-
Business
Description
including
History, Legal Form of the
Business, Current Situation and
Future goals.
-
Industry
Analysis, Current Bed and
Breakfast/Lodging,
including
current Overview, Industry
forecast,
current B&B (SIC 7011-07) growth rates by
State and Region for 1997-2005, Operational Trends
and Lodging Outlook,
Local market Segment, the bed
and breakfast customer profile
including sample POP-FACTS
demographic report summary so
that you can work with POP-Facts
if you choose, to generate your
local market demographics and
customer profile.
Targeted Customer profile,
local competition, and business
risks.
-
Marketing
Strategy
including
building and signage, sales
strategy, customer service,
advertising and promotion, Media
Plan, Publicity Strategy,
Associations and Community
Relations.
-
Location and
Operations
covering Property
and Facility, Licenses and
Government Regulations,
Utilities Requirements,
Build-Out Estimates, Permits,
Build-out Equipment, Furniture,
Restaurant Equipment, Menu,
Personnel/service, Procedures
and Controls, Inventory,
Ambiance and Entertainment.
-
Management
covering key principals,
managers and responsibilities.
-
Financial Plan
summary of provided five year
pro forma statements and
assumptions, capital
requirements, Use of Proceeds,
Exit/Payback Strategy, and
conclusion.
-
Projected five year
month-to-month financial
statements can be generated with
the "Big Picture Matrix"
including:
-
EMAIL ME A DEMO
-
Worst Case Scenario projected
five year month-to-month
financial statements:
Operating Budgets
Income
Statements
Balance
Sheets
Cash
Flow Analysis
Break
Even Analysis
&
Financial Ratio Analysis
Industry
Operations Comparison, your numbers
vs the Industry for your business
profile.
Auto
Generated Use Of Proceeds Statement
Operating Budgets
Income
Statements
Balance
Sheets
Cash
Flow Analysis
-
Realistic Case Scenario
projected five year
month-to-month financial
statements:
Operating Budgets
Income
Statements
Balance
Sheets
Cash
Flow Analysis
Break
Even Analysis
&
Financial Ratio Analysis
Industry
Operations Comparison, your numbers
vs the Industry for your business
profile.
Auto
Generated Use Of Proceeds Statement
Operating Budgets
Income
Statements
Balance
Sheets
Cash
Flow Analysis
-
Best
Case Scenario projected five
year month-to-month financial
statements:
Operating Budgets
Income
Statements
Balance
Sheets
Cash
Flow Analysis
Break
Even Analysis
&
Financial Ratio Analysis
Industry
Operations Comparison, your numbers
vs the Industry for your business
profile.
Auto
Generated Use Of Proceeds Statement
Operating Budgets
Income
Statements
Balance
Sheets
Cash
Flow Analysis
You also receive
everything else that comes with
QuickPlan®B&B:
-
Bar
Manual for you to edit into your
own.
-
B&B
Employee
Manual for you to edit into your
own.
-
B&B
Operations
Manual for you to edit into your
own.
-
Complete Current Industry
Forecast and Bed and Breakfast
trends projections
-
Current Restaurant Industry
Forecast from sources including
the National Restaurant
Association.
-
Restaurant Employee Manual.
-
Restaurant Operations Manual.
-
Bar
Operations Manual.
-
HOW
TO RAISE MONEY/SBA CHAPTER
-
The
Small Business Administration’s
31 most asked questions
-
ADA
Guidelines for Small Business
-
SBA
Auto Forms and Info.
A final
hard copy of your plan with
professionally printed indexes
covering supporting documents for
your plan:
Advertising Samples
Articles
of Incorporation
Awards
Bar
Build-out Estimates
Collateral Statement
Competition
Company
Financials
Demographics
Employee
Manuals
Equipment Estimates
Floor
Plan
Health
Department
Industry
Analysis
Insurance
Internet
Inventory
Licenses
and Permits
Lease
Agreement
Loan Application
Menu/Property Fact Sheet
Management Resumes
Operations Manual
Real-Estate
Recipes
Staff
Schedule
Trade
References
Vendors
Personal
Information
Make
your first impression count and
concentrate on getting your Bed and
Breakfast open!
Order Online
1-800-417-7017
|
|
