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Got my Business Plan Helper

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  • Got my Business Plan Helper

    We have a chance to buy our commercial building. Would love to get 2 other pet-related businesses in it for convenience. We just got our Grooming Business in a Box and starting the task for the plan. We have private financing but they asked for a plan. So here we go groomers, I will let you know.

  • #2
    I did one years ago and I made it through it. What a lesson it was, I actually enjoyed.

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    • #3
      I would love to own my building. Keep us informed.

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      • #4
        I opened my second shop using the helper.

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        • #5
          We plan on working on this mostly on Sundays and Mondays since we groom other days. I must say the support is great and my mind is racing, RACING. Even got hubby excited. it is so well organized.

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          • #6
            How is it going 10muddy? We are considering something similar.

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            • #7
              I am impressed with the instructions. I feel very guided. We got support from admin to change one line in the income projection to account for rental income and not just pet care income. That was really cool, I am actually getting what spreadsheets are, and that is something where I am an absolute beginner. I can work things out on paper, but never had lessons in spreadsheets. The good thing is you can only enter your numbers in places highlighted in blue, so you know at a glance where you need to finish any time. If you don't know what goes there, it is right in the instructions. The other places where you have formulas are protected so you cannot screw it up, this is brilliant because I probably would have. We won't be able to work on it much the next several days because of the thanksgiving chores and work. So far we are amazed there is something this simple yet advanced for grooming. I actually feel confident we are going to be able to do this and save thousands from hiring someone. Our private financing is good for at least a few months, but we had to put earnest money down on the purchase but the seller is pretty easy going. This is not the best time to sell commercial property here.

              Thank you for asking 123Linda.

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              • #8
                I did mine not too long ago as I may get an expansion loan. It really is good and support is wonderful.

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                • #9
                  OK I have a question for the boss. We have the figures for our business from the CPA for 2016 and some of 2017. So as I understand it in Year 1 of the plan we want to show with good reason and backup the financial performance of Year 1 based on the last year of operation. Correct? So it doesn't really have to be 2016, but say the figures of 2017 so far and guess what we will earn in December 2017. Right?

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                  • #10
                    Originally posted by 10muddypaws View Post
                    OK I have a question for the boss. We have the figures for our business from the CPA for 2016 and some of 2017. So as I understand it in Year 1 of the plan we want to show with good reason and backup the financial performance of Year 1 based on the last year of operation. Correct? So it doesn't really have to be 2016, but say the figures of 2017 so far and guess what we will earn in December 2017. Right?
                    Your later question is correct with projecting December 2017. Good enough.
                    Most questions regarding GroomerTALK are answered in the Board Help Talk Forum. Thanks for coming to our community a part of PetGroomer.com https://www.petgroomer.com.

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                    • #11
                      OK got it, this is neato. We got the lease income in as well. We are going to open an extra day of the week so that new income should help us meet criteria to show growth?

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                      • #12
                        Get to spend all day on it tomorrow. We are moving along quick, but I have some questions about figuring the loan payment and how to show that.

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                        • #13
                          This is top product. The least cost we were quoted elsewhere for a plan recommended by our CPA was $4000. Yes we had to do it ourselves but we spent less than $100 on box and we were given nearly an hour of free help by Steve. We took it to our CPA and he was like, who did this? WE DID. He was impressed and Steve advised him to help us with 3 figures to finalize it.

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                          • #14
                            We are on the final stretch. Negotiations going very well on the purchase. We couldn't work on it as much as we like during holidays, but spending almost every day on it now. Support has been tops. I am amazed at how easy the bar charts came out and looking so professional. Never created a bar chart before.

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                            • #15
                              We are done. Kudos to the help we received. My hubbie is amazed too.

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