If you’re setting off on a driving vacation with the family, you most likely download some road maps, chart out the most interesting route, then go online for hotel reservations and tickets for points of interest that can be found along the way.
It takes a little effort, but it keeps you from finding yourself in Possum Grape, Ark., at midnight with no place to stay. In other words, you instinctively know there are consequences for not planning ahead.
So if you were more than willing to expend a little time and do the footwork for a successful summer road trip, why on earth would you toss common sense out the window and not prepare a business plan for your auto detailing business?
After all, this is your livelihood we’re talking about here. It’s essential. And believe us when we say a good auto detailing business plan doesn’t have to resemble a 30-page term paper. This isn’t a master’s thesis. Even just a few pages of well-constructed notes with certain objectives in mind are better than no business plan at all.
But if you hope to be successful — particularly in this business climate — a well-researched business plan is as important an element as your auto detailing equipment, your auto detailing supplies and your auto detailing employees. For one thing, if you’re seeking financing, most banking institutions require a business plan before you even schedule a sit-down.
No question about it — operating with a plan in black and white is a “must” in assisting the auto detailing entrepreneur in setting up, operating and growing a successful brick & mortar or mobile car detailing business. And you don’t have to go into this task alone. There’s plenty of help for those new to the business world.
Organizations like the Small Business Administration (SBA) and SCORE — a nonprofit group dedicated to helping small businesses get off the ground — both provide free and invaluable coaching and mentoring to assist you with developing and reaching the objectives outlined in your business plan. And here at Detail King, our own knowledgeable staff and state-approved auto detailing training programs are also valuable resources when starting a new auto detailing business of your own.
The more critical elements of a good business plan might include: Continue reading…