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Grocery Store Business Plan

Grocery Store Business PlanThe food market has always been very successful. Many now successful businessmen started in this industry. A person cannot live without food, so he will always come to the grocery store. If you want to open a store, then you have to start composing your grocery store business plan. If you have extra money, the companies specializing in this will draw up a business plan for $ 2-4 thousand and draw up a grocery store business plan for you. Why not waste money, you yourself can make it up.

When drawing up a business plan, take as a basis a certain section template. Each section will describe the phased planning of opening a store. Below is an exemplary business plan of a grocery store, using which you will get ideas about this type of business.

Introductory Section

Describe your vision of this business. Plan your business development. Write real prospects, you do not need to count on the huge success of your business project in the first year. Describe everything modestly and closer to the realities of life. Do an analysis of competitors in the market. Describe their shortcomings, miscalculations. You need to think about possible solutions to similar problems in your store. Make a list of the products you will be selling.

Production plan

First you need to do the room. Describe the room that is best sized. For a small store, a room of 100 square meters is suitable. You also need to make a list of room requirements. When searching for premises, consider that you need to find a place near which there are at least 3-4 apartment buildings. The success of a business depends on the convenience of the location of your store.

After solving the issue with the premises, plan the purchase of equipment. In the absence of funds, you can buy used equipment or lease, I do not think that at first you will need a lot of equipment in your store.

The human factor in trade plays a huge role. It is very important to find conscientious sellers who will not steal. But to find such is almost impossible, the most important problem of trade is the theft of employees. From the staff you will need 2-4 sellers (depending on the work schedule), an accountant (or contact an outsourcing company), a loader.

Financial section

Calculate and write down all the financial costs of opening a store.

Costs:
obtaining licenses, permits - $ 10 thousand

room rental - $ 50 thousand

equipment purchase - $ 3 thousand

payroll - $ 20 thousand

accountant services - $ 10 thousand

working capital - $ 25 thousand

Total - $ 120 thousand.

Revenues - the average monthly profit of the store is $ 8 - 12 thousand. Your project will pay off in eight twelve months. Payback will depend on the range of products offered and their quality.


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Angelica
It is expensive to get a license, but in general the project is very promising.
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