This free sample business plan retail store guide is designed to help an owner-manager work up a sound business plan.
Stores that you see in every cities fall to this category. You can categorize them as distributor, agents or resellers, depends on their company or inventory size. It come from the combination of raw material cost and factory overhead.
Then, you put profit on top of this cost to cover all of your expenses. In general, companies who bought it from manufacturing companies and in bulk quantity get the best price where they can put proper margin to sell it to other companies.
For example, Apple manufactures iPhone and iPad. Your company bought them in large quantity and then sell it through your own stores and resellers. Many companies fall to this category, because it is easy to buy and sell things.
They just think about how to distribute and sell them as many as possible to get maximum profit. In internet era nowadays, opening a new store is very easy. You can put your products in E-commerce portal like Amazon, Ebay and get profit without having physical stores.
But, is it profitable to cover your expenses? This Accounting for Merchandising Business spreadsheet is one of a tool you can use to summarize your trading and retail businesses.
It should suit you who already use Microsoft Excel as your accounting tool and want to have automatic formulas to generate particular financial reports. It requires basic accounting knowledge, though. There are main parts in this spreadsheet where you will work frequently to record your transaction.
Accounting for Merchandising Business — Chart of Accounts Setup This is an initial page where you can put your company identity and chart of accounts that you use in your company frequently.
Chart of Accounts codes will be used as main references in all worksheets inside this spreadsheet. Different type of business could have different Chart of Accounts codes format.
Accounting Journals There are general journal and special journals where you can log your financial transactions. Special journals consist of cash, sales and purchase journals.
It is just a method to log the transaction to into journals. Sometimes you will find merchandising companies have more than three special journals, for example, separating cash journals into cash-in and cash-out journals. Also, there are companies that only write all of their transaction in one general journal only.
In this Accounting for Merchandising Business spreadsheet, you can classify and write all of your transaction as follows: All non cash transaction that are not parts of Sales and Purchasing transaction Cash Journal: All cash transaction including sales and purchasing transaction Sales Journal: All sales transaction excluding cash transaction Purchase Journal:A business plan is a written document that describes an idea for a product or service and how it will make money.
It includes your marketing plan as well as estimates for revenue, expenses, and how to. marketing plan. The plan focuses on the company’s growth strategy, suggesting ways in which it can build on existing customer relationships, and on the develop-.
Business Plan OWNERS Business name: Example Corporation Address: Address Line 1 Address Line 2 City, ST marketing plan will be the basis, later on, of the all-important sales projection. Business Plan for Startup Business.
A good retail business plan gives the retail firm a pathway to profit. This free sample business plan retail store guide is designed to help an owner-manager work up a sound business plan.
A Manufacturing Company business plan can provide the owner-manager or prospective owner/manager of a manufacturing firm with a pathway to profit. This guide is designed to help an owner-manager in drawing up a business plan.
Business Plan Worksheet Your business plan is a record of decisions that you must make about achieving a set of reach them and to create repeat business until you have tested your marketing plan. You For example, you might include specific dates for.