Monday, September 7, at And, like any map, the more specific the plan is, the easier it will be to get to your destination Do you need a Business Plan? Would you give a price estimate without looking at the car first?
Strategic Analysis with current research! Mobile Car Detailing, Inc. The Company was founded by John Doe. As many car owners are very busy, the demand for onsite car washing and detailing services has never been greater.
The business will also recognize revenues from the sale of car detailing and car cleaning products that will be sold to customers for spot cleaning. The third section of the business plan will further describe the services offered by Mobile Car Detailing, Inc.
The interest rate and loan agreement are to be further discussed during negotiation. Doe has more than 10 years of experience as an entrepreneur.
Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations. Doe expects a strong rate of growth at the start of operations. Below are the expected financials over the next three years.
Doe intends to implement marketing campaigns that will effectively target individuals within the target market. The Company is registered as a corporation in the State of New York.
Below is a breakdown of how these funds will be used: Doe is not seeking an investment from a third party at this time. Doe may seek to sell the business to a third party for a significant earnings multiple.
Most likely, the Company will hire a qualified business broker to sell the business on behalf of Mobile Car Detailing, Inc. Based on historical numbers, the business could fetch a sales premium of up to 4 times earnings. The car washing and detailing services will consist of both exterior and interior cleaning services including exterior washing and drying of the vehicle and internal vacuuming, window cleaning, and scent removal.
The business will operate through a mobile truck that will allow the business to move from location to location throughout the area.
The business will use two trucks to carry the equipment, and personnel to each location. The business will pride itself on offering a high quality car washing experience within approximately 30 to 60 minutes. These products will include basic car cleaning materials that customers can use to clean up minor messes and stains within their vehicles.
Currently, the economic market condition in the United States is in recession. This slowdown in the economy has also greatly impacted real estate sales, which has halted to historical lows. Many economists expect that this recession will continue until mid, at which point the economy will begin a prolonged recovery period.
The industry has experienced a tremendous rate of growth over the last ten years.
This industry is one of the fastest growing industries in the United States. In this section of the analysis, you should describe the type of customer you are seeking to acquire.
In this section, you can also put demographic information about your target market including population size, income demographics, level of education, etc. The key to writing a strong competitive analysis is that you do your research on the local competition.
Find out who your competitors are by searching online directories and searching in your local Yellow Pages. Below is an overview of the marketing strategies and objectives of the Company.
Doe intends on using a number of marketing strategies that will allow Mobile Car Detailing, Inc. These strategies include traditional print advertisements and ads placed on search engines on the Internet. Below is a description of how the business intends to market its services to the general public.Detail DukesPremium Automotive Detailing for Luxury Vehicles“Like new, but better.” This business will be a partnership.
All business decisions beingmade by . Auto Detailing Business Articles by Bud Abraham of Detail Plus November 27 - Detail King *FREE Shipping Plus *Save Up To $50 - Bill Me Now On Detailing Supplies Available; Inside Detailing Network Preparing a sound Business Plan is like detailing a Motor Home, much easier if there are two to do it.
Fortunately, there is a wealth of help. When a surprise occurs, you can turn to your Business Plan, make the necessary adjustments, and most importantly, trace what these adjustments will have on the rest of the business.
Having a blueprint, a Business Plan, saves time and eliminates errors. A well thought-out Business Plan is essential if the shop detail business is to grow.
Costs vary from $ and up depending on what needs to be done. Check with your local municipal office to see what you need to do, to be compliant.
Be sure the area that you are planning on opening your new auto detailing business is “zoned” for this type of business.
Separate yourself from your competition and show your professionalism. Mobile auto detailing eliminates the need for a physical business If you plan on doing jobs in business parking lots, you may not have access to a water and electrical supply.
Consider purchasing. Will you have important indirect competitors (i.e. detail shops, charity car washes, mobile washing)? How will your services compare with the competition?
Use the competitive analysis table to compare your company with your two most important competitors.