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You could be working on your plan in the next 15 to 30 minutes..now when you buy QuickPlan we process your order immediately and email you the software so that you can get started right away !

Starting a small business is always risky, and the chance of success is slim. According to the U.S. Small Business Administration, over 50% of small businesses fail in the first year and 95% fail within the first five years. Whether you are starting a new Bed and Breakfast are looking to raise additional capital to expand your currently profitable Bed and Breakfast, or looking to evaluate and value your B & B to sell, current statistics prove that you will do much better with a business plan than without. According to Dunn and Bradstreet the primary reasons for failure vary, but all of the reasons come under the category of poor planning.You are a part of a 23.8 billion dollar lodging Industry in the United States representing one of the most competitive Industries in the world. Your management decisions will decide whether your Inn survives or thrives in the face of increased competition. The most important benefit of a business plan is that it sets the stage for the future of your business as you want it to be positioned in the marketplace. A business plan will make it easy for your banker to take action as he/she gains insight into the details of your Inn and the goals that you have outlined. Potential investors can review your plan and decide whether or not to make an investment based upon the risk. You will benefit most as you study and gain detailed insight into your own operations. Updating and constantly reviewing your plan will give you more insight as both a manager and decision maker.
TIME IS MONEY...We have estimated that it takes an average of 100 hours to research, and write a comprehensive business plan within any Industry. Creating and compiling the five year financial plan and forecasts including 5 years of budgets, income statements, balance sheets, cash flow analysis, and key financial ratio analysis can take more than 20 hours of work by you or your accountant. Now consider sitting down in front of your computer to edit and fill in the details of an already written and organized complete bed and breakfast business plan. Whether you are converting a home and starting a 5 room bed and breakfast or purchasing a 22 room existing B&B with a restaurant and bar (Financial Calculators are already built in if you decide to have a restaurant and/or a bar all numbers then consolidate), or you are looking for expansion capital to open your second location you will be able to edit this plan into your own.

ALREADY RESEARCHED...

The Current Lodging Industry Analysis included and trends forecast, was written based upon current sources including Pricewaterscooper and the Professional Association of Innkeepers International. Now use your computer's word processor to turn this sample plan into your own. Enter your food and beverage revenue assumptions, your operating expense assumptions, and your cash flow assumptions into the QuickPlan™ five year forecasting template using your computer's spreadsheet program. You will immediately have five years projected month to month operating budgets, income statements, balance sheets, cash flow analysis and key financial ratios. Once you have finished editing, print your plan and simply insert it into the three ring binder included, indexing it according to the pre-labeled inserts.

QuickPlan® is a 360 page comprehensive business plan based on an 18 room Bed and Breakfast Inn. It includes hard copy and software for you to edit into your own. Then simply insert your copy into the three ring binder and organize it with the pre-labeled index included.

The Complete plan consists of hard copy and software files of the following :

Before You Begin Checklist	2 pages	(Text file)
Confidentiality Agreement	1 page	(Text file)
Table of Contents	6 pages	(Text file)
Executive Summary	9 pages	(Text file)
Business Description	4 pages	(Text file)
Current Industry Analysis and Outlook 2006, including Bed and Breakfast growth rates 1997-2005 by State and Region.	48 pages	(Text file)
Marketing Strategy	7 pages	(Text file)
Location/Operations	6 pages	(Text file)
Management	3 pages	(Text file)
Financial Plan	5 pages	(Text file)
Employee Manual	10 pages	(Text file)
B&B Operations Manual	16 pages	(Text file)
Restaurant Operations Manual	27 Pages	(Text file)
Bartender Operations Manual	20 pages	(Text file)
Bar Manual Daily Inventory	11 pages	(Text file)
Bed and Breakfast /Lodging Industry Forecast	17 pages	(Text file)
Current Restaurant Industry Forecast 2006	45 pages	(Text file)
Letter of Intent to lease	2 pages	(Text file)
Menu/Facility Fact sheet	2 pages	(Text file)
HOW TO RAISE MONEY/SBA CHAPTER	23 pages	Hard Copy
The Small Business Administration’s 31 most asked questions	9 pages.	Hard Copy
SBA Auto Forms, fill them in on your computer: requires Its FREE!		(Text file)
Loan Application Standard	15 pages	Acrobat File/Text
Low Doc App. for up to $150,000	15 pages	Acrobat File/Text
Short Form Express up to $50,000	15 pages	Acrobat File/Text
Statement of Personal History	15 pages	Acrobat File/Text
Personal Financial Statement	15 pages	Acrobat File/Text
ADA Guide for Small Business	15 pages	Acrobat File/Text
Five year Forecasting Matrix	42 pages	(Excel File)
Bed and Breakfast/Hospitality Resources		(HTML File)

Five Year Forecast Matrix (Spreadsheet File); type in your assumptions and all of the following statements are immediately calculated....42 pages;

Years 1-5 Month to Month Operating Budgets and Years 1-5 Month to Month Income Statements

Years 1-5 Month to Month Balance Sheets and Years 1-5 Month to Month Cash Flow Analysis

Years 1-5 Financial Ratio Analysis and Years 1-5 Summary Statements

Years 1-5 Break Even Analysis

Auto Generated Use of Proceeds

Auto Generated Summary Charts

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The financial matrix assumption section asks for over 615 lines of assumptions, (easy to use, assumptions that don't apply to your operation just plug in a 0), including operating expense line items, balance sheet, working capital, and financing assumptions, the matrix even includes two financial calculators built in to give you copies of the amortization schedules for your financing assumptions:

Bed and Breakfast/Hospitality Resources on the Internet over 350 html links..(html file) to all of the following categories on the Internet, (already in html, just point and click)...Bed and Breakfast Associations, Beverage Resources, Culinary, Free Newsletters, Government, Internet Marketing/Design Services, Management resources, Point of sale Reservation and Inn Management Software Vendors, Publications, Recipes, Recruiters, Restaurants and Chains, Restaurant Directories, Culinary Schools and Universities, Suppliers, and Other Technology.

Starting with the, "before you sit down checklist", you will gather your information together to edit each chapter into your own on your word processor,( Windows, etc...). Remember that you are editing a plan that is already written around an 18 room Bed and Breakfast so you can research as you write. Pull up the Five Year Financial Forecaster Spreadsheet and insert your operating revenue and expense assumptions..... single room rate, double room rate, number of rooms, occupancy rate, cost of goods sold, and operating expenses, and now study your first year cash flow analysis to answer the question of how much money you are going to need. All five years of financial statements are calculated and ready for printing and insertion into your plan. Once finished , print up your plan and simply place it into the three ring binder indexing it according to the pre-labeled indexes included.

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