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Finished business plan in January

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  • Finished business plan in January

    We did the business plan and the floor plan and we found a place likely to lease. It was a busy month but we are having lots of fun. We go to our bank meeting next week for a business loan. Stephen was great going over our floor plan with us for at least half an hour. It was based on the new place we want to lease. I look at a plan and there are few things to talk about. Listening to him it was like a semester course. He covered everything from the placement of windows to groomers for natural light to preventing escaping pets to plugs to pipes and all to minimize our costs, and how to negotiate the costs with the landlord. We were truly like who talks like this but realized he's right!

    We had asked questions some months ago here and thanks for your help everyone. This is our dream coming true and it is fun to share. I think I can spend some more time catching up here. One thing when you write a plan is that you become so immersed. You may stop but hours later you are still thinking about it, but it was all good and better.

  • #2
    Happy for you. It is chore to write one. That is cool you get an evaluation. Good luck at the bank.

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    • #3
      I am just starting my floor plan now that the home business property has been decided. We have a big great outbuilding to use for our floor plan.

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      • #4
        We did our floor plan too. I give a shout out that steve spent over 1 hour on the phone helping use re work it. No charge.

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        • #5
          We're starting our plans in more detail now for our strip center we bought.

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          • #6
            So happy everything thing went well with presenting the plan, and we got our loan. They were impressed, it really helps and they took us very seriously. We went to 3 banks and credit unions for the best deal.

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            • #7
              That is great news. I know it is quite a chore but you may do so well with your center and even help retirement someday. You have got me thinking girl!

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              • #8
                I went out and looked at some commercial buildings for sale. There is a small strip center about 4,000 sq ft total that is available. I would need 1,000 and that leaves the 3,000. The thing is figuring if the rents of the 3,000 will cover the payment. I guess that is what you did for your plan.

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                • #9
                  Did you get your business open yet?

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                  • #10
                    Gosh you guy! You are inspiring me everyday. Congrats to all and keep it up!

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                    • #11
                      We opened in July and have been very busy. Basically I am running everything while building up the business. I planned very conservatively so I am meeting my expectations. My husband continues his job so that keeps up to date with the household budget. What has worked well in even just 6 weeks is that I got some every 3 and 4 week customers and they are now coming back for their first repeat. Doesn't that feel good? My vet who has know me for 20 years is sending me referrals. I am happy to return the favor. I had some established regulars already who have either moved over here to find me or have scheduled. What is nice about that is my new place is not convenient from where I used to work. They are driving about 25 to 30 miles just for grooms. Last week was a little slow but that was likely back to school maybe.This week has been solid with 5 a day and more on Saturdays. So for being open just a few weeks I feel great.

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                      • #12
                        That is a great start. We have customers that drive up to 1 to 2 hours away because they trust us that much. Now that makes me proud and you should be too.

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                        • #13
                          Originally posted by CathyB View Post
                          We opened in July and have been very busy. Basically I am running everything while building up the business. I planned very conservatively so I am meeting my expectations. My husband continues his job so that keeps up to date with the household budget. What has worked well in even just 6 weeks is that I got some every 3 and 4 week customers and they are now coming back for their first repeat. Doesn't that feel good? My vet who has know me for 20 years is sending me referrals. I am happy to return the favor. I had some established regulars already who have either moved over here to find me or have scheduled. What is nice about that is my new place is not convenient from where I used to work. They are driving about 25 to 30 miles just for grooms. Last week was a little slow but that was likely back to school maybe.This week has been solid with 5 a day and more on Saturdays. So for being open just a few weeks I feel great.
                          How are things going?

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                          • #14
                            Thanks for asking. I have about 200 regulars already since July, lots of vet referrals. At this point regulars mean they have come back 1 to 3 times, that was just 3 months ago. We were a little slow for 2 weeks back to school but not very slow. Like 2 a day less which we notice at this point. I read here to ask for referrals and DO, ALL THE TIME. It works, best advertising free, just ask. I have a bather now part time and hope for ft during Christmas season. I get some customers from FB but that is my least favorite, I get more from my website but referrals are 70 percent. And I have not yet offered a discount, GOOD FOR ME. Being strong and faithful not to do that. That is what a first year about in business. have faith in yourself and services, ask for help from your clientele, respect them and make them feel welcome.

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                            • #15
                              Well my first holiday season in business was pretty good. No discounts. We made homemade biscuits for the dogs and packaged them for gift bags. We made little treats and bigger ones for large dogs. They really loved them. January is sort of slow for first 2 weeks and getting more calls now. We did a little better than planned by our business plan, and loan payment on time every time. It really helps building confidence.

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