The first question you need to answer before writing your ebay trader business plan – what is a business plan? In short it is a blueprint for your ebay trader business presenting anyone who gazes as it what the goals of the business are and also shows how those goals should be achieved.
It’s a fundamental tool for getting finance, including – bank overdrafts, loans and venture capital.
If you have an actual backer in mind you must manufacture it to their necessities if not how are you going to get any money out of them if what you say in your plan is the other extreme of what they have in mind for a ebay trader business
After completion,your ebay trader business plan also provides a powerful tool for scrutinizing the progress of the ebay trader business. It will help you to conentrate on the objectives set up in the business plan.
Do not fill your business plan with big words for the sake of it – your financier might not have a clue about the prospective business – just a shed load of cash that they want to throw at new businesses – they aren’t necessarily going to known the ebay trader business acronyms that you use on a day to day basis. Don’t be afraid to use diagrams in your plan – this will break it up as well making it easier to read.
Try to make the business plan as optimistic as possible but don’t shy away from any noticeable problems there may be in setting up your ebay trader business as your backer will more than likely think of them anyway; so if you can get their firstly and respond to the likely questions before they think of them so much the better.
Arrange your business plan in a coherent manner including clear and accurate headings – do not be worried to fritter away paper – start new headings on a clean fresh piece of paper – it will make the document look more professional and make it easy to find stuff for your investor.
Keep all the figures between the main body of the plan and your appendices – if you put large sections of figures in the body of your document you will distract your backer from the flow of the plan.
If your business is a new venture then give background information as to why you intend to start it. Affirm the significant advantages of your product or service. Point to potential markets and explain your pricing policy and advertising strategies. Identify the competition and outline your proposals for dealing with it. Be positive and quick to the point.
Stress the knowledge and awards of you and your management team and show how their skills can be harnessed to obtain growth possibilities and profitability. Offer information on recruitment requirements including CVs for most important management in the Appendices and, if applicable, an organisation chart to illustrate the management structure.
Paul Stanton Before you begin to write your ebay trader business plan. Look at this great business resource first it could save you time and money.