Business Plan - Quicksand The Novice Store

Business Plan - Quicksand The Novice Store

I never considered myself an ignorant person with a low capacity for learning, reasoning or understanding. Although it is not Harvard-educated who do not attend college, but like many of my peers during the Vietnam era, my education was interrupted by war.
It was not until you try to start a business, the American dream, suddenly and seriously start to doubt my mental faculties.
Be a person who has his feet planted firmly on the ground of reality, and if anything, to be a bit reserved about its capabilities, I never thought of creating a company that would become the next IBM or Facebook. I was glued to my service lawn care simple.

As I said, I'm not one, business-oriented or educational, but I know how to turn a lawn, and I consider myself quite capable of managing a small team to do the same. That's why my heart skipped a beat when I saw the lawn care business for sale in the classifieds.
Being a natural coward, a profile more Chicken Little roaring lion, I did my due diligence investigation of this operation is very slow and methodical. I spoke and interviewed the two owners everywhere, not just ask questions about the company, but probe the ethical and character of the sellers.

I actually continued to work with different crews, and worked alongside them as an employee, long before the "Undercover Boss" has never been aired, with the aim of learning and to evaluate the characteristics of employees' and as done when the boss was not around.
I was very impressed by the whole operation, and we shook hands on an agreement that was contingent on obtaining my financing, which I never thought would be a problem. I had a great credit rating and the price of $ 100 000, but not small change, pales in importance to the $ 2 million to open a sandwich shop franchise. Then my nightmare began.

I was full of energy, which I entered the high bank in the morning, thinking more about the business of financing concerns. I had business with this bank for many years to obtain home mortgages, many loans Car & Truck and capital, concluded with a bit of a meeting and a simple signature. I was expecting the same routine in the morning.
I think my mouth must have gapped open with surprise when the loan officer asked to see my business plan, because he asked me if I was okay. I was not working. I had no idea what a business plan was, and certainly not a gift.

The banker tried to explain what a business plan was and what it means, but I must admit that my mind was closed and I was really getting angry. I explained to the company, referring to the equipment alone was worth $ 50 000 and the value of the year two contracts were valued at more than $ 150,000 but it would not budge. No business plan. No loans.

Now I had to investigate what a business plan was and how to provide the bank before losing the business.
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I always wanted to make the knowledge I had gained to play Pro Baseball, and have a business of my own, but never had the money or expertise to try. site selling book gave me the opportunity to realize my dreams.

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