Your theater company business plan is a article that defines your theater company business with its objectives and shows how those objectives ought to be achieved.
Lacking a business plan it is dubious that possible “angel investors” and the like will invest in your theater company business if that is what you require to start it up or if you need to take it to the next level
If you have a special backer in mind you must tailor it to their necessities otherwise how are you going to get any money out of them if what you exhibit in your theater company business plan is the reverse of what they have in mind for a theater company business
Your plan is not just for getting you the investment you need – it’s main objective should be to point the direction in which your theater company business is going.
You must keep your backer’s attention by making the article as reader friendly as possible. Use undemanding, direct language and graphics to illustrate your ideas. Make sure your copy reflects the optimistic approach of the management team. In spite of this, it is advisable to be realistic while presenting fiscal forecasts.
You must cover the businesses strengths as well as potential weaknesses and reveal how you propose to overcome weaknesses. Demonstrate you appreciate the risks involved and offer likely solutions for overcoming these risks and provide evidence to corroborate your statements. This will put in credibility to the theater company business plan.
Arrange your theater company business plan in a logical manner including clear and precise headings – don’t be frightened to fritter away paper – start new headings on a clean fresh piece of paper – it will make the document look more authoritative 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 investor from the flow of the business plan.
If you are starting a new business; it’s important you explain why you came up with the idea to start this new business. Give advantages of your unique products or services that you anticipate to offer to potential clients stating how you anticipate how to get their business. Give details of the market sector whether it’s a growing sector or not, give details of your pricing policy and how you intend to sell your goods/services. Highlight any rivalry out there and how you plan to compete in this rewarding market and make your financier a return on his or her money.
Stress the knowledge and awards of you and your management team and show how their skills can be harnessed to obtain growth potential and profitability. Give information on staffing necessities including Curriculum vitaes for chief management in the Appendices and, if applicable, an organisation chart to illustrate the management arrangement.