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  • Essay / Creating a Business Plan - 1111

    When you start a new business, you need to have guidelines, so to speak, for where you are heading in the future. This is why, before you can start a business, you need to develop a detailed business plan. Business plans are considered blueprints. A business plan is what it takes to get your business off the ground and attract potential investors. A business plan is a way to show that you are in the business to make money. Introduce the company and the product/service idea for the new business. Triple S Night Club is a new company that will offer high quality services to its customers. Triple S is scheduled to begin operations on October 8, 2010. Triple S will be owned and operated by Shenise Ford. Our products will outperform local stores and monopolistic competitors in the area by possessing a vibrancy and creativity that many do not have. Our goal is to revive and maintain the elegance and feeling of dancing and relaxing. Our products vary from high-end artistic quality to contemporary and neighboring customs. Our aim is to provide the city with a social and entertaining atmosphere and to stay ahead of our competitors through exemplary service delivery. Whatever your dreams are and you dare to bring them to us, we will create it for our customers. People of all ages and backgrounds will arrive to enjoy the unique, upscale and modern atmosphere that Triple S Night Club offers. My company's products are high quality, user-friendly and creative. My company intends to become a leading competitor to all customers, expanding and enriching its product range. The business plans to expand into a mainline nightclub. Traverse promotion is intended to be one of the main strategies in this industry since all products are targeted...... middle of paper ...... and it is a new business, the risks involved become even bigger and more dangerous. If only one person owns a business, the risks involved become their individual responsibility. However, to reduce risks, the best thing to do is to start or convert business credit into a company form. There are several companies, but being in a business, you need to find which company is best for you. In order to reduce personal risk and control cash flow, it is important to increase and maintain a specialized portfolio that meets both short-term liquidity needs and long-term goals, such as retirement, financing studies and inherited assets. Don't mix personal and business banking. Finally, keep reading the news, keep searching various things on the internet and stay updated with technology..