How to Write a Business Plan Market Analysis

Writing a business plan is an essential part of the initialCompaniesConstruction CompaniesCorporate Offices
strategic planning of any company. One thing, whichWith Sales StaffDistribution CompaniesGovernment
seems to hang up most entrepreneurs, is figuring outAgenciesLarge Companies With Pool CarsMaterial
what kind of data and information goes into theCompaniesRent-A-Car CompaniesSmall Package
Market Analysis section. So often entrepreneurs willDeliverersTaxi Cab CompaniesTrash/Refuse
attempt to bluff or BS their way thru it. Often you findCompaniesTrucking CompaniesU.S.P.S.Utility
those with MBA write meticulous Market AnalysisCompaniesWarehouses-WholesaleOur target markets
sections and although they may have little if any truefor industrial cleaning include:Amusement
entrepreneurial skills going into a new business, theirParksCities-Sidewalks, Etc.Government (Graffiti)Heavy
business plans are sure to impress. But you need notEquipment CompaniesHorse StablesPark Playground
be an MBA to write a proper Market Analysis sectionEquipmentParking StructuresProperty Management
in your business plan for your next business.BelowCompaniesRailroad YardsRetail Stores (Holiday
please find a generic sample of a Market Analysis,Window Paint Removal)Schools, UniversitiesShopping
which you can use to help you do yours. You mayCenters (Concrete)As we solicit these types of
wish to print this article and then apply your ownaccounts we will secure a large percentage of them.
analysis to your particular area and business model. IWe will impact many of our competitors, both fixed
recommend that you read it and think on it for a dayand mobile. This will make them go on the defensive.
and then write a few things in the margins and take aOne instinct of business owners that are backed into a
legal pad and write out your thoughts in paragraphcorner is to attack. Often these competitors will call in
form and then go collect the data you need. It is not afavors from local politicians. They will try to pull rank
difficult exercise and you should be able to do thisbecause they have been in the community longer. The
quite stress free. Now then remember this is only amore money they have and the longer they have
sample and it is something we used for a Franchisedbeen established, the more weight they can pull.It is
Outlet for a mobile car wash business, which isimportant to know exactly how much the fixed site
probably about the most simple business in the worldcar wash owners participate in the community. Since
and why we chose it to simplify your process. Keep ityou can never know too much about your competition,
simple and use factual data and you will have a firstwe will create a database in Microsoft Excel of all
class business plan with an excellent Market Analysisdetail shops, car washes, mobile detailers and washers.
to help you impress bankers, investors and the capitalFixed car wash owners hate mobile car washes
you need to succeed.- - - - - - - - - - - - - -Marketbecause they are capable of eating up 15% of their
AnalysisPlease refer to our feasibility study for in depthmarket share. If the car wash owners attempt to get
demographics analysis. Our chosen city study provescity or county officials to change laws inhibiting our
conclusive; a mobile car wash company will thrive andcompany, we will:Alert the MediaFax All Customers
prosper under these ideal conditions. Although we willand Tell ThemIncrease Car Wash FundraisersThis will
have a quicker return on investment than most Themake our customers more loyal, aid us in community
Car Wash Guys franchisees, we will not take ouridentity and give us free publicity that money can't buy.
marketing plan lightly. It is our intention to absolutelyWe will be able to tell the entire area how great and
conquer our market rather than simply possess a largeenvironmentally sound our services are.To decrease
percent of market share. We will follow thethe chance of backlash from fixed car wash owners,
franchisor's marketing plan to accelerate projectedwe will immediately market the entire city with the help
gross sales from our initial opening through theof our franchisor and his marketing team. This week
five-year renewal date.Target MarketsOur targetlong comprehensive program is part of The Car Wash
markets for personal car washing are:Large Corporateguys Bonzai and Blitz marketing program. Please see
OfficesLarge ManufacturersMulti-Tenantoutline on the next page. Another adversary we might
BusinessesRetail CentersStrip Shopping MallsUpperencounter are Sierra Club groups who don't
Class ResidencesOur target markets for fleet sales,understand our operation. We will lobby and educate
rideshare consumers, etc. are:Busthese groups.