Thinking about opening a living plant rental, leasing, and maintenance business? We tell you what you need to know to get started.
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Creating a Business Plan for a Living Plant Rental, Leasing, & Maintenance Business
One of the worst mistakes you can make as an entrepreneur is to launch your company without having written business plan for your startup living plant rental, leasing, and maintenance business.
The key benefit of writing a business plan is that it defines the game plan. If you don't have a business plan, your leadership will be handicapped, choosing short-term opportunities at the expense of long-term benefits.
The first step in creating a business plan is to develop a mission statement for your organization. From there, you can begin to build on it with goals, budget estimates, marketing plans and other elements that are typically found in startup business plans.
Check Out Competitors
Before you open a living plant rental, leasing, and maintenance business in your area, it's a good idea to find out what the competition looks like. We've provided the link below to help you generate a list of competitors near you. Complete the form by entering your city, state and zip code to get a list of living plant rental, leasing, and maintenance businesses that are close by.
Prior to opening your doors for business, be sure you fully understand the competitive landscape and where your new business will fit in.
Turning Competitors Into Collaborators
Once you've finished assessing the competion, be sure to speak with somebody who is already in the business. If you think your local competitors will give you advice, you're being overoptimistic. The last thing they want to do is help you to be a better competitor.
Fortunately, somebody who runs a living plant rental, leasing, and maintenance business in another town will be much more likely to talk with you, as long as they don't view you as a competitive threat. In fact, they are often very willing to share startup advice with you. If you are persistent, you can find a business mentor who is willing to help you out.
Where do you find a living plant rental, leasing, and maintenance business entrepreneur in another community?
It's easy. Here's a link you can use to find a mentor outside of your area.
Advantages of a Living Plant Rental, Leasing, & Maintenance Business Purchase
On a percentage basis, more entrepreneurs intend to enter living plant rental, leasing, and maintenance business ownership through a startup than through a business purchase. However, many new entrepreneurs aren't experienced for the rigors of a startup operation.
The decision of buying vs. starting a business shouldn't be taken lightly. Although startup owners may have greater control over the shape and scope of their companies, they lack the advantage of a proven business model. Along the same lines, it can take years for a startup company to achieve brand recognition while an existing business may already be a trusted name in your target market.
Is Franchising the Right Option?
The probabilities on your becoming a successful entrepreneur immediately improve when you choose to franchise rather than going it alone.
Before starting a living plant rental, leasing, and maintenance business, a smart move is to check out whether buying a franchise could be the right move for you.
The link below gives you access to our franchise directory so you can see if there's a franchise opportunity for you. You might even find something that points you in a completely different direction.
These additional resources regarding starting a business may be of interest to you.
If you currently own a living plant rental, leasing, and maintenance business, try these useful resources:
If you sell to living plant rental, leasing, and maintenance businesses, this isn't the right place for you. These resources are more appropriate for you:
If you are interested in starting a different kind of business, please browse our directory of guides below.