Business plan

HELP ME :(( - basically I'm doing a business plan for my coursework and I have to include figures from other businesses including profit forecasts and tables and graphs etc... do we have any idea apart from googling the obvious where I can find such information - the business is an bathroom interior - so relevant information please and useful sites - i have even gone onto sites such as b&q and found nothing! :((

Answers
Lots of websites have sample business plan outlines, my favourite is http://www.QuickMBA.com/entre/bplan/ this may be too detailed for you
jon.ellis
20 June 2011
Does the business plan have to include real competitor data or can you make something up?
jon.ellis
20 June 2011
There are companies like Dolphin Bathrooms who are part of the Homeform Group Ltd, you could do some research on - you can find financial data at Companies House.
jon.ellis
20 June 2011
If you were to compete against a business like this, what would you do to be different - how would you differentiate yourself?
jon.ellis
20 June 2011
basically I have the basis off what to include - I've been told to research everything about bathroom sellers, location, compare the prices in local and town areas, what im going to be what my business is about, what i want to achieve. I need a site to give me financial information on bathroom sellers - i don't want to make it up because I don't know wether im going about it right, i've never done business to know if the sales figures i put would be closely to what a business should be.
beckii15
20 June 2011
One thing you might want to follow-up are the Annual Reports from big retailers (like B and Travis Perkins, who own Wickes), they may have some market stats that might help. You should be able to track these reports down in their Investor Relations sections.
jon.ellis
20 June 2011
It sounds to me that you need to go into the stores and compare prices. You might want to do it online too - as they may be cheaper.
jon.ellis
20 June 2011
i've tried to find the annual reports but I can't seem to find it on the website
beckii15
20 June 2011
i've been told there is a website but my friend can't remember it.
beckii15
20 June 2011
Intuitively, you would think that the cheapest stores would be out of town - but is this really the case I wonder. You can provide financial info on businesses, by going to Companies House http://www.companieshouse.gov.uk/toolsToHelp/WCInfo.shtml
jon.ellis
20 June 2011
You can find reports on big company websites, e.g.
jon.ellis
20 June 2011
http://www.travisperkinsplc.co.uk/Investor-Centre/Financial-Information
jon.ellis
20 June 2011
also when i'm researching everything about businesses what exactly should I include except financial statistics - what offers they have and what the sell which in this case would be bathrooms such as suites toilets showers etc and the cost off these items
beckii15
20 June 2011
http://www.kingfisher.co.uk/index.asp?pageid=41 (they own B)
jon.ellis
20 June 2011
You should be able to do a pretty good price comparison for the key bathroom items (sink, wc, bath, bathroom suite etc) for budget, mid-range and premium.
jon.ellis
20 June 2011
and then build my pricing around what other business sell theirs at?
beckii15
20 June 2011
When preparing a business plan, its all about how you would be different. So you could be cheaper, or provide the best products or the best service perhaps. Your pricing will follow that.
jon.ellis
20 June 2011
oh right thank you so much - has been the best help i've had :)
beckii15
20 June 2011
No problem. Good luck with the homework. Feel free to come back again if you have any problems.
jon.ellis
20 June 2011
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