Below are the expected financials over the next three years. Find out who your competitors are by searching online directories and searching in your local Yellow Pages. • Establish relationships with apparel distributors and wholesalers that can provide direct inventory sales and drop-shipping capabilities for the business. Online Clothing Store, Inc. (“the Company”) is a New York based corporation that will provide sales of women’s and men’ clothing to customers on a nationwide basis. Below is an overview of the marketing strategies and objectives of the Company. The interest rate and loan agreement are to be further discussed during negotiation. Browse through our catalog of excel models and tools created by industry professionals. Management will mark up all handling and delivery costs by 25%. FREE PowerPoint Presentation for Banks, Investors, Five-year horizon pro forma template excel for the clothing store business for … The direct retail sale of apparel to the end user is a $150 billion dollar a year industry in the United States. In this section of the business plan, you should write a two to four paragraph biography However, if you have hundreds of items, condense your product list categorically. The new year is a valuable time…. The business intends to use a broad based internet marketing campaign that includes search engine optimization, pay per click marketing, and affiliate marketing programs that will drive traffic (and sales) to the Online Clothing Store’s website. This is one of the sections of the business plan that you must write completely on your own. 4 | Business Planning and Financial Forecasting Elements of a Business Plan Purpose: The purpose of the executive summary is to get the readers attention by summarizing the key elements of the business plan. If your plan makes a convincing argument supported by high-quality market research, you might be able to convince an investor to support the financial risks rather than relying on your life savings. It may take a few minutes. De Kliek will provide services such as Style Assessments, alterations, personal shopping, and special ordering to customers during store hours and by personal appointments. Our online clothing financial plan contains all types of reports and calculations, especially useful for operational management and presentation to investors. However, the Company’s low operating overhead coupled with the fact that the business operates with economies of scale will ensure that the business can remain at a breakeven point even with a 25% to 30% drop in revenue. Financial Statements [page X] X. Below is a list of reasons of why it is important for you to have financial projections for your business. The Online Clothing Store’s mission is to provide its customers with a diverse line of in demand and in fashion apparel products from its easy to use yet robust online ordering platform. 7.1 Underlying Assumptions • The Online Clothing Store will have an annual revenue growth rate of 16% per year. In the example below, we will ask you to imagine that you plan to open a cupcake business. This strategy is technically complicated, and the Company will use a search engine optimization firm to develop the Company’s visibility on a non-paid basis. Today e-commerce is one of the quickest growing business lines, more and more people are shopping online, and this trend is increasing every year. Pre-Written Clothing Boutique Business Plan (PDF, Word And Excel): Comprehensive Version, Short Funding/Bank Loan Version and Automated Financial Statements For an in-depth analysis of the clothing boutique business, we encourage you to purchase our well-researched and comprehensive clothing boutique business plan. In this marketplace you will find industry specific templates such as financial models and other excel tools. Online Clothing Store’s average client will be a middle to upper middle class man or woman that frequently makes apparel purchases online. One of the most exciting areas of retail trade is the ability to have a virtual store online. key employee, you should provide a brief biography in this section. 3. 1.You are not opening this store/boutique for your ego. This section of the analysis will detail the economic climate, the apparel sales and online e-commerce industry, the customer profile, and the competition that the business will face as it progresses through its business operations. You are buying goods to sell to your target market. Management expects that a SEO firm will place large amounts of linking data and text specific keywords into the business’s website, which will allow the Company to appear more frequently among search engines. The Management of the Online Clothing Store fully anticipates that the online ordering platform will be complete by the end of January of 2009. You are not buying clothing or items for yourself. All necessary reports – balance sheet, profit and loss statement, cash flow, break-even point, are automatically calculated based on your forecast data. 1 Click to Get It! Clothing Store Financial Model Excel Template. Online Clothing Store Financial Plan Template Will Help You . If you want to start your online store, but don’t know in which direction to choose, online clothing store business plan is a win-win option. Factory related store execution tasks include receiving … about your work experience, your education, and your skill set. If your plan is designed to help you get a bank loan, include the information about the amount, type and purpose of the funds your are seeking. Free Weekly Cash Projections Excel Template. VIII. Online Clothing Store, Inc, intends to maintain an extensive marketing campaign that will ensure maximum visibility for the business in its targeted market. 266 Discuss add_shopping_cart. Share all your knowledge, tools, and templates with the world! 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At this time, Mr. Doe is sourcing a number of wholesalers and apparel distributors that will provide the Company with its initial inventories of apparel products. As Americans now have more access to capital and an increased borrowing capacity, their ability to spend money on brand name and luxury items has also increased. Supermarket Business Plan Funding/Bank Loan Version- Editable Word File (Short version for applying for a loan/funding – 44 pages) Supermarket Business Plan Automated Financial Statements – (Editable Excel File) The business plan can be used in any country and can be easily edited. Booming Boutique’s first-year income statement illustrates a profit margin of at least fifty-two percent, with a net income of $44,075 per month – after taxes. These traits include income size, type of business/occupation; how far away from your business is to your customer, and what the customer is looking for. 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