Suck it and see an all too common
mistake made by those starting a new
business in Spain. " I have a perfectly
good business plan " is what many will
say to themselves when things are
going pear shaped. Sadly this usually
translates into " Actually I am not sure
what business planning is"
In simple terms there are four
rotating steps to business planning.
1. DREAM IT
2. DESIGN IT
3. DELIVER IT
4. GO BACK TO 1 AS REQUIRED
For many business owners and first
time small business start ups the first
stage is where people get stuck. They
have the dream, the good idea, but not
the knowledge to design a working
plan with checks and balances
resulting in the delivery of goods or
services to the customer. This is
especially true of those buying a bar or
food business in Spain.
If this is you! Our unique service is
designed to help you overcome the
hurdles of doing business in Spain and
to advise you about planning your start
up or ongoing business planning. You
will thank yourself for contacting us,
especially if this is your first venture in
a foreign country. We know we did it.
1. DREAM IT
Everyone starting a business in Spain has a
dream. Ask yourself is this a business
dream or a dream of living in Spain. If it is
the second one consider carefully if it is
right for you. Ask the 5 magic questions.
Is there a demand for my idea in Spain?
Who will be my customers & how do I find them?
Who are my competitors & how many?
Are customers in good supply all year?
What is my other plan should I need to change?
2. DESIGN IT
You have the dream how do you make it a
reality. Again ask the 5 magic questions.
What market research is required? (The need)
How much will the maximum opening costs be?
How much will the ongoing costs be?
How do I need to operate my business?
Where will I need to be located?
3. DELIVER IT
Delivering your goods or services has of
course 5 magic questions to consider.
Can I deliver at the right price?
Can I deliver at a sustainable profit level?
Can I deliver as good as my competitors?
Can I deliver on time every time?
Can I deliver as customers needs change?
4. GO BACK TO 1
Ensure you have checks and balances to
help you recognise when it is time to refresh
or consolidate your business. It can all turn
to custard if you do not follow these easy
principles. Work smart and keep it simple is
the key to success. Contact us and plan
your business for a better future.
Do you have a business Plan? You will not succeed without one!
75% of small business owners do not have an ongoing business plan.
80% of people buying a bar for sale in Spain do not have a business plan.
Number one for business failure in Spain is lack of business know how!
Your helping hand in Spain for business advice, legal help and businesses for sale
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Freshly squeezed ideas for the English business community in Spain