Below are some items that you will want to be covered within any
Executive Summary – the executive summary will give the detailed information pertaining to the background of the sports bar and will outline the initial growth that is perceived based on the first year’s numbers. This section will also include the outline, mission, objectives, and keys to success.
Company Summary – this section will be used as maintenance to sports bar
Market Analysis Summary – in this section, the information provided within the past performances and location summaries would be represented in pie charts and/or graphs to show growth in income and success.
Strategy and Implementation Summary – as the company grows, there will be need to plan for future events within the company. This strategy section will help to provide information on marketing and sales to include pricing, promotions, projected sales and how to overcome any milestones that may be crossed.
Management Summary – within the sports bar there will be managers. Some of these will come and go and this information will need to be kept up to date. Information that needs to be included are:
Organizational structure Management team Management team gaps Personnel plan Personnel
Key areas to cover include:
Important assumptions Key financial indicators Break even analysis Projected profit and loss Projected cash flow Projected balance sheet Business ratios
Though the information that is covered in a plan such as the one illustrated above can be overwhelming and time consuming, it will benefit the company and help to reduce the amount of mistakes made that could prove damaging. Through proper coverage of all areas of successful sports bar
Source by Edward Dean