How to set up a business plan for a small business

Eventually, I got tired of it. It turns out, he thought the process of starting a business was really complicated. So I bet him lunch that we could take care of all that in less than three hours.

How to set up a business plan for a small business

It operates daily rentals and tours in Nevada, and multiday mountain bike tours throughout the national park regions of the Southwest. It is an adventure travel company currently specializing in mountain bike touring with plans to include additional recreational opportunities via an RAD-Venture Center in Cedar City, Utah.

RAD-Venture promotes human power and natural environment. The target market has been defined as special interest "adventure sports and travel.

The primary owners are Grant and Heidi Osborn. Together they have ten years of college education and experience in management and communications. They bring to the company both educational insight and "real life" experience.

RAD-Venture has many strengths. Led with innovative enthusiasm, it possesses exciting potential as one of the early companies in a young, growing industry. The intended Southern Utah location has an economic, demographic, and political base strongly conducive to the success of an outdoor adventure center.

RAD-Venture has a history of highly satisfied customers and a quality brochure vital in an industry that is based on perception rather than reality.

how to set up a business plan for a small business

The purpose of this business plan is to solicit funds for a new outdoor RAD-Venture Center, featuring an indoor rock climbing gym, mountain bike touring headquarters, and outdoor adventure sports sales and services, RAD-Venture invites investors to participate in this new and prospering business.

Take the time to learn about the company through this business plan. If you do wish to become a part of our growth, we look forward to meeting you again. He developed an operations and marketing strategy for a business which would theoretically deliver bicycles to Las Vegas hotel guests and take bike tours to nearby Red Rock Canyon.

Grant's wife, Heidi, knew this was an idea with great potential. She recognized an unanswered market and acted quickly. With student ambition, ideas, and determination, by April 10,a new bicycle rental and tour company, "RAD-Venture" was born. Grant and Heidi's remaining college years were suddenly directed toward researching and developing this new business venture.

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From the Osborns' first two personal bikes used for rentals and a computer in the bedroom, the business grew, entirely self-supported, into a nationally-advertised operation complete with an office, a warehouse, high quality mountain bikes, tour equipment, and support vehicles—just in the first three years!

The focus of RAD-Venture has evolved with its growth. The once local Las Vegas rental and tour company has developed into a full support mountain bike tour operator with plans to outfit a variety of additional active sports as well.

First, the need for a more stable non-weather-dependent indoor activity and retail base from which to balance the seasonal nature of adventure tourism, and secondly, the need for a base environment more central to popular outdoor adventure destinations.

The Outdoor RAD-Venture Center is designed to supply clothing, equipment, maps, rentals, shuttles, and tours for outdoor sports such as mountain biking, rock climbing, rafting, camping, skiing, hiking, and horseback riding.

Two unique attractants are a world-class indoor rock climbing gym and the adjacent location to the Navajo path, a paved trail system popular for jogging and biking. Great mountain biking and rafting opportunities lie within ten miles of the RAD-venture Center's intended location.

Cedar City, Utah is one of the gateway cities to the Grand Circle, known as "America's greatest concentration of scenic wonders. Sunny Southern Utah's abundant natural "adventure" resources, strong growing economy, and year round temperate climate provide the ideal environment for a new Outdoor RAD-Venture Center.

By offering nothing motorized, we celebrate human power and natural environment. We will be leaders in our industry through innovation and preservation. We will sustain a reputation of quality through excellent service, customer care, and a friendly, professional staff.

Our guests are the focus of our company. We will generate a profit in an ethical manner while meeting and exceeding our guests' expectations.

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Develop a new, more inclusive registration form to send out with our mountain bike tour brochure which includes information and photos of our two new tours and information on our new Outdoor RAD-Venture Center by December 15, Place ads in biking, sports, and mountain climbing sections of Cedar City yellow pages by November 15, Develop and distribute a brochure and brochure stand to bike, ski, and climbing shops in northern Utah by February 25, Sponsor a grand opening party with food, discounts, and radio coverage.

Financial Update balance sheet by January 1, Secure financing by December 1, Net five percent of gross in Have budget prepared by December 31, Management Information Systems Complete computer training courses learning to use effectively applicable software programs by May 1, Incorporate an accounting program, by January 1, that will take care of monthly accounting and taxes.

Purchase a new computer and monitor for use at the climbing gym desk with mountain climbing program by February 15,  · Now that you understand why you need a business plan and you've spent some time doing your homework gathering the information you need to create one, it's time to roll up your sleeves and get rutadeltambor.com A business plan is a written description of your business's future, a document that tells what you plan to do and how you plan to do it.

If you jot down a paragraph on the back of an envelope.

how to set up a business plan for a small business

· In an effort to help others, I'm sharing my 5-step plan to creating a balanced business budget: I know that many people experience the same challenges. In an effort to help others, I'm sharing my 5-step plan to creating a balanced business budget: Your Guide to Mastering Cash Flow in Your Small Business [Free eBook] Set Yourself Up rutadeltambor.com Capterra is a free service that helps organizations find the best software for their Types: Version Control, Task Management, Collaboration, Contact Management.

We support America's small businesses. The SBA connects entrepreneurs with lenders and funding to help them plan, start and grow their business. We support America's small businesses. The SBA connects entrepreneurs with lenders and funding to help them plan, start and grow their business.

· How to Start a Business (for Kids). If you love to challenge yourself, start your own business! Two Methods: Developing a Business Plan Setting up a Legal Business Community Q&A. If you're unsure of what's required to set up a legal business, contact a local small business association and ask for guidance.

Check local rutadeltambor.com(for-Kids.

How to Set up a (k) Plan for Small Business