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Operational Plan

This section covers daily operation of the business: the location, equipment, people, processes, and surrounding environment.

Production
How and where are your products or services produced?

Explain your methods of:

  • Production techniques and costs
  • Quality control
  • Customer service
  • Inventory control
  • Product development

Location
What are the qualities you need in a location? Describe the type of location you’ll have.

Physical requirements:

  • Amount of space
  • Type of building
  • Zoning
  • Power and other utilities

Access:

Does your location need convenient access to either transportation or to suppliers?

Do you require easy walk-in access?

Do you have any additional requirements, such as: parking and proximity to freeway, airports, railroads, and shipping centers?

If your proposed facility is important to your business (for example, a manufacturing facility), include a drawing or layout of your proposed facility.

Do you plan to build a facility? Most start up companies can’t afford to put capital into construction. However, if you are planning to build, you’ll need to include costs and specifications will be a big part of in your plan.

Cost: Estimate your expenses for the facility. You need to include any expenses for rent, maintenance, utilities, insurance, and any necessary remodeling costs to make the space suit your needs. These numbers will become part of your financial plan.

What are your planned business hours?



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