A business plan for a sale barn is similar to the document required to raise funds for a flea market -- typically, in a sale barn, multiple vendors gather to offer various goods directly to consumers. Usually these products are discounted by virtue of there being no middleman and low per-vendor overhead costs, though it depends on how you structure the sale barn as a business entity. The business plan for a sale barn should therefore start off by addressing the way you intend to incorporate, fund, and run your business. Do you have a specific use of funds drawn up? Can you show who the managers/owners will be, and how the company's barn will be staffed? Beyond these points, it is essential that you go over:
• The number of vendors the space can accommodate
• The fees you will charge to vendors
• The type of goods or services offered in the barn
• The revenues you can expect as part of this industry
• The point at which your marketplace operation can reach break even
Business plan for a sale barn templates aren't going to be readily available online, as this is a unique undertaking. But you can develop a working draft for yourself by listing out all of the products you will offer, addressing the market opportunity as you see it, and thinking about the competitive threats that are out there. Combine this with a marketing plan (how will you attract customers?) and a management bio section and you'll have the whole body of the plan together. The financials should cover three years of projections for a bank presentation, but a full five years for investors. MasterPlans has developed more than 11,000 business plans since 2002 and can help you as well. If you're stuck, give us a call: 877-453-2011.
