Business Plan
Buster’s
A cozy Store that designed for your needs
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Business Plan by Lydia Chan
CONTENTS[pic]
1. Executive Summary
Buster’s is a convenience store specialized in servicing daily needs of occupants of the office building where it is located. It offers variety of products to satisfy customers’ daily needs including snacks, pre-wrapped sandwiches, bottle/canned beverages, stationery, greeting cards, newspapers, paperback books and small gift items.
The first Buster’s Store was set up in 2007, a 1,000 square feet store located in the lobby of Empire Centre in Kennedy commercial district. This store is solely owned and managed by Lydia Chan. With fully focused and correct business strategy,
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Christine will be responsible to coach and mentor the other new hired shop assistant, service customers, keep tract inventory/replenishment and report customers’ comments/complaints to Lydia for ensuring corrective action be taken.
We will hire another shop assistant to work together with Christine. Criteria are
High school graduate with 1-2 years retailing sales experience.
3. Financials
1. Start-up Finance Summary
Anticipated start-up cost of the new store is US$200,000. The main cost of start-up will be inventory. It is estimated that the initial inventory purchase will be $100,000. In addition, $30,000 will have to be spent on fixtures and fittings for the store. Since it is a brand new building, there will be no maintenance needed before move-in.
Funding will be come from the combination of the two owners from their own savings.
Lydia Chan (75% ownership) - contributes US$150,000
Carmen Chan (25% ownership) - contribute US$50,000
2. Start-up Cost Summary
This table shows a summary of start-up cost and expenses
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3.3 Anticipated Revenue and Operating Cost for the First Year
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3.4 Pro-forma cash flow projection for the first year of operation
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5. Break even Analysis
The following chart and table show the break-even analysis for Buster’s
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3.6 Anticipated return on investment in the first three Years
The following table
The purpose of this business plan is to raise enough money to open and run a
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