Your Business Name
Katlyn Richards
Business Plan:
The bakery will a cozy place to go to to destress from work or just to hang out. My partner will recieve 30% of the profit, and be a silent partner. I'll need at least two employees working at a time; one to run the register, and one to help me in the back with the baking.
Hook:
This bakery features my grandmother's blue-ribbon winning recipes, so many of them are unique or have a twist to the original. Also. we'll have wireless internet, so people can feel free to bring their laptop with them.
Advertising Plan:
I'm going put a medium sized advertisement in the newspaper, and a radio ad for 30 seconds on KLTD. Also the store will have a website, so people will be able to look us up. Also I'm going to mail out fliers with coupons to bring in business in the beginning.
Financial Plan:
Startup Cost:$54,067
Monthly Business Expenses:
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Cost of Premises: $16,354
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Utilities:
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Electric _ $291.72__
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Gas ____ $44.20___
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Water ___$70.72___
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Phone ___$50_____
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Internet _ $50_____
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Employee Cost:
Number of Employees __6_____ x
Monthly Hours Worked __36.67__ x
Hourly Salary __$6.50______ x
Finally, add another 40% for employee expenses
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Marketing Cost:
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Equipment and Service Rental
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Monthly Expenses:
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Monthly Sales Grouped by Category
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________________________ Number Sold ______x Price ______
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________________________ Number Sold ______x Price ______
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________________________ Number Sold ______x Price ______
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________________________ Number Sold ______x Price ______
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Monthly Sales:
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Monthly Profit or Loss
The items you sell are not free. You must deduct the cost of buying them from the manufacturer. Or if you make the items you are selling you must deduct the cost of the raw materials. If you are reselling items, subtract 60% from your monthly sales to determine your profit. If you make the items you sell, subtract 30% from your monthly sales to find your monthly profit. _____________ .
Now subtract your Monthly Expenses ______________. This is your total monthly profit (or loss).
Your partners share: How much of this are you planning on sharing with your partner? ____________ .
How much will your partner need to invest in startup costs? ____________ .
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