Did you just search business plan wholesale outlet to locate information about the document you'll need in order to raise capital for a wholesale establishment? This can be a straight-forward business plan in some instances, but depending on what you're wholesaling, the build-out requirements for the warehouse, and the total funding you'll need, this can be a tougher document than you think. If you can raise the capital from a bank, the SBA standard is only a three-year model but you'll still need an assumptions table and a well-researched use of funds. An investor plan, on the other hand, needs a five-year model with an investment calculation proposed up front. From there, answer these:
• What items do you plan to offer at the wholesale outlet?
• Where are the nearest big box retailers that will be direct competition to you?
• Can you list out your business' strengths and weaknesses?
• What sort of inventory levels will be required for a smooth operation?
• Who are the target customers?
The wholesale outlet business plan has to show that you know how to promote your business and can position it optimally in the local market. Having a gauge on where the closest Sams Club or Costco locations are, for example, is essential, and you should be able to estimate their sales and staffing levels based on public reporting or industry sources. The business plan also needs to break out your marketing channels and show who will be on your management team. A personnel plan is also required and should take guidance from other businesses like yours (or your concept) in the industry. MasterPlans has the team on staff to get the entire business plan for a new wholesale operation done for you. Call us now at 877-453-2011 to hear about our solutions!
If you are ready to go, or not sure what kind of plan you need, fill out the form below and we'll call you.