More Details:
The author, Dr. Armstrong (5th Dan) has worked in the world of finance through Venture Capital, and through holding multiple CEO roles in USA and Japanese coampnies - he understands business and what should be in a business plan. Applied Zen's website also offers a video course for general business growth in the form of a video download "The Art of War for Business" - which can further supplement your ability to grow a business.
1.1 Why use a Business Plan?
A business plan is firstly for yourself and your dojo, and secondly to help you do such things as secure funding from a bank (e.g. a martial arts loan). A karate business plan is the first real step for anyone to evaluate whether they have a real business opportunity or not. “Rough” calculations and keeping your business plan in your head only leads to semi-evolved ideas and business failures. Many people consider business plans a waste of time, and think they are only needed should a bank request it – good business practitioners all understand the value of a strategic plan written out. The learning process that a martial arts business manager goes through to create the plan is the most valuable path.
1.2 Our business experience
In addition to being a karate instructor, Dr. Jason Armstrong the CEO of Applied Zen, has worked in numerous financial roles at CEO levels and has corporate experience at large and small companies in Japan, Australia and the USA. Applied Zen as a company actually consults with government groups and companies on business plans and growth.
1.3 A plan for bank loan approval?
The karate business plan represented by this template was used to secure a bank loan approval for a commercial dojo and therefore exhibits the necessary sections and model required to do so. However, Applied Zen cannot guarantee the users of this template will secure a bank loan for a martial arts business – this will always depend on your own experience and the business plan details that you edit in the Applied Zen template. However, it should help a great deal and provide additional business ideas of value!
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