What is access like for pedestrians and delivery of supplies? If there are more than one of you, or if you employ staff, then premises may seem more important, but is that so? There are plenty of examples of virtual businesses these days business which exist by virtue of the people, but they all work from home, or on the road, or independently. In the business plan it is worth outlining your plans especially if you can demonstrate a commitment to saving money. Premises can be useful for service-based businesses that dont have a need to house plant, machinery or anything like that. Simply having your own offices can promote the credibility or your business, rather than meeting in your own home, or at a local hotel.
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An Industry Specific Business. By: Garry pierrepont writing - updated: *Discuss, your business plan should include a section on your operational details. This is where you can outline how and where you are going to actually create your product or service. The business plans contains various sections on the business management, finance, marketing and how you hope the business will grow to make you and investors rich. However, it is also important to tell readers how you are going to produce your service or make your product. It need not be in great detail and it should certainly avoid technical jargon, but it must show a workable set of processes. Premises, how important is it that your business has premises? If youre manufacturing something, then its highly likely that youll need premises. However, if youre a financial adviser, a solicitor, an accountant there are many examples do you really need premises? Renting (or owning) office space can be very expensive, www and may be a cost you could avoid, especially if you are the only person in the business. You also need to consider location for ease of transport links and car parking spaces and costs, both for staff and visitors.
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