It should be noted that there is no special software required to use these templates. All business plans come in Microsoft Word and Microsoft Excel format. Each business plan features:

• Excecutive Summary
• Company and Financing Summary
• Products and Services Overview
• Strategic Analysis with current research!
• Marketing Plan
• Personnel Plan
• 3 Year Advanced Financial Plan
• Expanded Financial Plan with Monthly Financials
• Loan Amortization and ROI Tools
• FREE PowerPoint Presentation for Banks, Investors, or Grant Companies!

1.0 Executive Summary

The purpose of this business plan is to raise $100,000 for the development of a thrift shop style clothing store while showcasing the expected financials and operations over the next three years. The Thrift Shop, Inc. (“the Company”) is a New York based corporation that will provide a number of different second hand clothing pieces to customers in its targeted market. The Company was founded by John Doe.

1.1 Products and Services

Thrift Shop, Inc. is a business that specializes in the retailing apparel that is vintage or has been used by other people (yet is still in outstanding condition). Through its store, the Company intends to sell a number of used men’s and women’s shoes, scarves, sweaters, belts, and other apparel. After the business begins its operations, the Company will launch an online ordering platform to generate sales on a nationwide basis. These additional sales will allow the business to reach profitability very quickly. The third section of the business plan will further describe the products offered by the Thrift Shop.

1.2 The Financing

Mr. Doe is seeking to raise $100,000 from as a bank loan. The interest rate and loan agreement are to be further discussed during negotiation. This business plan assumes that the business will receive a 10 year loan with a 9% fixed interest rate. The financing will be used for the following: • Development of the Company’s Thrift Shop location. • Financing for the first six months of operation. • Capital to purchase a company vehicle. Mr. Doe will contribute $10,000 to the venture.

1.3 Mission Statement

The Thrift Store’s mission is to become the recognized leader in its targeted market for used and vintage apparel products.

1.4 Mangement Team

The Company was founded by John Doe. Mr. Doe has more than 10 years of experience in the retail industry. Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations.

1.5 Sales Forecasts

Mr. Doe expects a strong rate of growth at the start of operations. Below are the expected financials over the next three years.

1.6 Expansion Plan

The Founder expects that the business will aggressively expand during the first three years of operation. Mr. Doe intends to implement marketing campaigns that will effectively target individuals that enjoy vintage clothing within the target market.

2.0 Company and Financing Summary

2.1 Registered Name and Corporate Structure

Thrift Store, Inc. The Company is registered as a corporation in the State of New York.

2.2 Required Funds

At this time, the Thrift Store requires $100,000 of debt funds. Below is a breakdown of how these funds will be used:

2.3 Investor Equity

Mr. Doe is not seeking an investment from a third party at this time.

2.4 Management Equity

John Doe owns 100% of the Thrift Store, Inc.

2.5 Exit Strategy

If the business is very successful, Mr. Doe may seek to sell the business to a third party for a significant earnings multiple. Most likely, the Company will hire a qualified business broker to sell the business on behalf of the Thrift Store. Based on historical numbers, the business could fetch a sales premium of up to 4 times earnings.

3.0 Products and Services

Below is a description of the apparel products offered by the Thrift Shop.

3.1 Thrift Shop Products

The Company will actively sell and trade men’s and women’s used (and thrift) apparel to its retail clients. All of the Company’s sold apparel will always be of the highest retail quality as it relates to vintage clothing and used clothing. Management anticipates that the Company will be able to mark-up vintage apparel purchased inventory 65% of its actual cost.

4.0 Strategic and Market Analysis

4.1 Economic Outlook

This section of the analysis will detail the economic climate, the apparel and thrift shop industry, the customer profile, and the competition that the business will face as it progresses through its business operations. Currently, the economic market condition in the United States is in recession. This slowdown in the economy has also greatly impacted real estate sales, which has halted to historical lows. Many economists expect that this recession will continue until late 2010, at which point the economy will begin a prolonged recovery period. However, this should have a limited impact on the Thrift Shop’s ability to produce a positive income given the fact that many people (especially younger people) will continue to frequent these locations in order to effectively purchase highly valued clothing at a discounted price.

4.2 Industry Analysis

The direct retail sale of apparel (including in a thrift shop capacity) to the end user is a $150 billion dollar a year industry in the United States. This growth rate for this industry has been tremendous over the last ten years. Growth is expected to occur at a rate of 4% to 5% on an annual basis. Retail sales operations are a slightly riskier operation to maintain. This is due to the fact that there are significant costs in maintaining a high end retail location in an urban or upscale suburban market. There failure rate for these businesses is approximately 65% for the first five years of operations. Management is currently building a number of proprietary marketing and pricing models to help ensure the continued success of the Company. One of the most exciting areas of retail trade is the ability to have a virtual store online. Management fully anticipates that once retail operations commence, the Thrift Store will develop a streamlined method for our end user client. This will allow them to order, purchase, and make transportation arrangements without having to visit our retail location.

4.3 Customer Profile

The Thrift Store’s average client will be a middle to upper middle class man or woman living in the Company’s target market. Common traits among clients will include: • Annual household income exceeding $30,000 • Lives or works no more than 15 miles from the Company’s location. • Will spend $100 per visit to the Thrift Shop.

4.4 Competitive Analysis

This is one of the sections of the business plan that you must write completely on your own. The key to writing a strong competitive analysis is that you do your research on the local competition. Find out who your competitors are by searching online directories and searching in your local Yellow Pages. If there are a number of competitors in the same industry (meaning that it is not feasible to describe each one) then showcase the number of businesses that compete with you, and why your business will provide customers with service/products that are of better quality or less expensive than your competition.

5.0 Marketing Plan

The Thrift Shop intends to maintain an extensive marketing campaign that will ensure maximum visibility for the business in its targeted market. Below is an overview of the marketing strategies and objectives of the Thrift Shop.

5.1 Marketing Objectives

• • Maintain a committed program for divesting the Thrift Shop’s inventories through online distribution channels.

• • Implement a local campaign with the Company’s targeted market via the use of flyers, local newspaper advertisements, and word of mouth.

• • Develop an online presence by developing a website and placing the Company’s name and contact information with online directories.

5.2 Marketing Strategies

Mr. Doe intends on using a number of marketing strategies that will allow the Thrift Store to easily target men and women within the target market. These strategies include traditional print advertisements and ads placed on search engines on the Internet. Below is a description of how the business intends to market its services to the general public. The Thrift Store will also use an internet based strategy. This is very important as many people seeking local services, such as vintage clothing stores, now the Internet to conduct their preliminary searches. Mr. Doe will register the Company with online portals so that potential customers can easily reach the Thrift Store business. The Company will also develop its own online website. The Company will maintain a sizable amount of print and traditional advertising methods within local markets to promote the vintage apparel that the Company is selling. Additionally, the business will maintain extensive online distribution channels that allow the business to make divestitures of thrift store clothing on an online basis through by producing listings on eBay and Amazon.com. This will allow the business to maintain a nationwide distribution channel(s) that allows acquired inventories of thrift store clothing to be immediately sold among people within the United States and abroad. This is one of the key aspects to maintaining the profitability and cash flow of the business as the Thrift Shop progresses through its operations.

5.3 Pricing

In this section, describe the pricing of your services and products. You should provide as much information as possible about your pricing as possible in this section. However, if you have hundreds of items, condense your product list categorically. This section of the business plan should not span more than 1 page.

6.0 Organizational Plan and Personnel Summary

6.1 Corporate Organization

6.2 Organizational Budget

In this section of the business plan, you should write a two to four paragraph biography about your work experience, your education, and your skill set. For each owner or key employee, you should provide a brief biography in this section.

7.0 Financial Plan

7.1 Underlying Assumptions

• • The Thrift Store will have an annual revenue growth rate of 16% per year.

• • The Owner will acquire $100,000 of debt funds to develop the business.

• • The loan will have a 10 year term with a 9% interest rate.

7.2 Sensitivity Analysis

In the event of an economic downturn, the business may have a decline in its revenues. However, the high gross margins generated by the business will ensure that the business will maintain profitability despite deleterious economic conditions.

7.3 Source of Funds

7.4 General Assumptions

7.5 Profit and Loss Statements 

7.6 Cash Flow Analysis

7.7 Balance Sheet

7.8 General Assumptions

7.9 Business Ratios

Expanded Profit and Loss Statements

Expanded Cash Flow Analysis