GROCERY STORE business plan

We decided to stick to the 2 modes of funding to help us lower any future obligations that may arise for instance if we decided to bring in new investors. Equally taking up the loans would help us lower our legal obligations in terms of taxes and other statutory requirements. With the attached financial plan, we have set up measures to ensure that our two modes of financing are synchronized to ensure we are strongly aligned to the plan and that every stage of our implementation shall be measured to determine any need for restructuring. Financial Plan The following sections will outline important financial information with proper forecasts that shall help us fine tune our business to a profitable venture. Important Assumptions The following table details important financial assumptions. Total startup expenses Start-up assets $900 Cash required $18,800 Other current assets $0 Long term assets $2,300 Figure 2 Startup Funding Startup Expenses to fund 900 Startup assets to fund 21,100 Total funding required 22,000 Figure 3 Assets Non cash assets for startup $ 2,300 Cash requirement from start up $18,800 Cash raised $0 Cash balance on starting date $18,800 Total Assets $21,100 Figure 4 Liabilities and Capital Liabilities Current borrowing $0 Long term liabilities $0 Accounts payable $0 Other current liabilities $0 Total Liabilities $0 Figure 5 Investments Planned Investment $22,000 Other Investment $0 Additional Investment requirement $0 Total Investment Planned $22,000 Figure 6 Loss at Start-up Expenses $900 TOTAL CAPITAL $21,100 TOTAL CAPITAL AND LIABILITIES $21,100 TOTAL FUNDING $ 22,000 MARKETING Our clients shall be targeted through networking activities and public seminars.

  Our competitive advantage of thoroughness of services offered as well as in-depth research will turn prospective clients into long-term customers (Lovelock & Patterson, 2015). Service Business Analysis The financial management is a populated space however, there is room for new providers that specialize and offer unsurpassed customer attention. Competition and Buying Patterns Competition comes from many different sources: Independent financial planners: this are our company’s financial managers. They do not belong to a larger company and they are not affiliated with any type of company, mutual fund, or otherwise. Excellence in fulfilling our promises. Clients do not buy features, they buy benefits. To realize a benefit, a claim must be made and proof presented. Developing visibility to generate new business leads (Knoke, 2018). Participation by the company in online business affiliations with reputable global players of e-business technology is a necessity.

Sivakumar, K. Evans, K. R. Zou, S. Effect of customer participation on service outcomes: The moderating role of participation readiness. Appendix 2 PRO FORMA CASH FLOW YEAR 1 YEAR 2 YEAR 3 Cash Received Cash from Operations Cash Sales $86,891 $128,000 $147,090 SUBTOTAL CASH FROM OPERATIONS $86,891 $128,000 $147,090 Additional Cash Received Sales Tax, VAT, HST/GST Received $0 $0 $0 New Current Borrowing $0 $0 $0 New Other Liabilities (interest-free) $0 $0 $0 New Long-term Liabilities $0 $0 $0 Sales of Other Current Assets $0 $0 $0 Sales of Long-term Assets $0 $0 $0 New Investment Received $0 $0 $0 SUBTOTAL CASH RECEIVED $86,891 $128,000 $147,090 Appendix 3 Expenditures Year 1 Year 2 Year 3 Expenditures from Operations Cash Spending $63,120 $67,000 $72,000 Bill Payments $34,142 $46,475 $52,409 SUBTOTAL SPENT ON OPERATIONS $97,262 $113,475 $124,409 Appendix 4 PRO FORMA BALANCE SHEET YEAR 1 YEAR 2 YEAR 3 Assets Current Assets Cash $8,429 $22,954 $45,635 Other Current Assets $0 $0 $0 TOTAL CURRENT ASSETS $8,429 $22,954 $45,635 Long-term Assets Long-term Assets $2,300 $2,300 $2,300 Accumulated Depreciation $456 $912 $1,368 TOTAL LONG-TERM ASSETS $1,844 $1,388 $932 TOTAL ASSETS $10,273 $24,342 $46,567 Liabilities and Capital Year 1 Year 2 Year 3 Current Liabilities Accounts Payable $3,277 $3,868 $4,347 Current Borrowing $0 $0 $0 Other Current Liabilities $0 $0 $0 SUBTOTAL CURRENT LIABILITIES $3,277 $3,868 $4,347 Long-term Liabilities $0 $0 $0 TOTAL LIABILITIES $3,277 $3,868 $4,347 Paid-in Capital $22,000 $22,000 $22,000 Retained Earnings ($900) ($15,004) ($1,526) Earnings ($14,104) $13,478 $21,747 TOTAL CAPITAL $6,996 $20,474 $42,220 TOTAL LIABILITIES AND CAPITAL $10,273 $24,342 $46,567 Net Worth $6,996 $20,474 $42,220 Appendix 5 RATIO ANALYSIS YEAR 1 YEAR 2 YEAR 3 INDUSTRY PROFILE Sales Growth 0.

Percent of Total Assets Other Current Assets 0. Total Current Assets 82. Long-term Assets 17. TOTAL ASSETS 100. Quick 2. Total Debt to Total Assets 31. Pre-tax Return on Net Worth -201. Pre-tax Return on Assets -137. Additional Ratios Year 1 Year 2 Year 3 Net Profit Margin -16. Dividend Payout 0.