You want Becoming a VTC driver ? The creation of a business plan will be essential for you to review your launch strategy and find financing, if necessary.

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What are the goals of the VTC business plan?

The VTC business plan is a written document detailing your project and the strategic, commercial and financial goals you have set for yourself. It makes it possible to bring reliability to your project and gives confidence in its feasibility.

As a VTC driver, writing a business plan allows you to assess your financial needs to launch your business and the prospects for development over the first three years. It has several goals:

• Expose the values of your project, list the different stages and define the risks
• Have a complete and convincing file in case of loan/financing request
• Building solid foundations to develop your business in a healthy way
• Preparing for the arrival of potential future partners or employees

You can write your VTC business plan on an Excel file, using online VTC business plan software, or by getting help from a chartered accountant or specialized consultant.

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What should you include in a business plan?

The elements that make up your business plan should be clear and structured.

Start by presenting your launch project as a VTC driver. Find the list of prerequisites for the job of VTC driver on the government site.

Then detail the choice of your legal status, as well as the potential actors in your VTC business creation project (employees, partners, etc.).

Then, you will have to present the economic model chosen to exercise your activity as a VTC driver. It will be necessary to conduct a market analysis, a competitive study and present the concept of your business (products and services) in order to define your business strategy.

In the financial part of your VTC business plan, you will need to establish:

• A provisional income statement
• A provisional balance
• A provisional financing plan
• The cash flow statement
• Other financial tables such as break-even point, VAT, etc.

Your VTC business plan will reflect your professional project, and will be all the more essential if you are looking for financing from a bank or an investor to get started. So take the time to build it in a clear, structured and thorough way.

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