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Often this is depending on the market area, target audience, and location.
Speaking of staff, unless you start your business with clients, employees can be a tremendous expense and involve more administrative time.
Adding employees right from the get go with out having some type of clientele is risky at best.
After determining your startup and operating costs, the marketing aspect of your new business is most important.
Without sales (and revenue), all you have is a hobby according to the IRS.
Even the best planners can't see everything that might crop up, and being flexible is the key with any good business plan.
The best thing about doing a business plan is that it makes you think about the important elements of your proposed business.Another common area that is missed is the cost of training and technical resources like manuals and etc.Both can get expensive and necessary if you want to keep your skills up to date.If you will already have service contracts or written commitments from clients, you might need employees.A good alternative to the warehouse or office building options is to go with an executive business suite.Not going to happen, there is no way to bill 100% of time.Why, because you rarely can bill out every hour in the day.And if you are a owner/operator (one man band) you will need to do many administrative, marketing, and record keeping tasks that all take away from billable time.In fact, some of the most effective owner/operators I know in the computer repair business are ecstatic with a 70% bill ratio.Most business plans can be divided into common sections like these:- Executive Summary- Company Description- Products and Services- Marketing Plan- Operational Plan- Management and Organization- Personal Financial Statement- Startup Expenses and Capitalization- Cash Flow Analysis If financing is a part of the puzzle, even more time should be spent on presentation and documentation.You will be judged by the lending institution on the quality and accuracy of your numbers of your business plan.