Need a rain gear business plan to get funding for a start-up weather gear and equipment company? This is a popular – albeit specialty – business model, especially in wet U.S. climates like the Northwest and New England. The business plan should show what products you will offer (along with any related services, if applicable) and the value of each – using that baseline, it should bring market research in to the fold to make an intelligent assessment of the potential revenues this business could achieve within three years. The Small Business Administration and the banks that represent it for co-signed loans will need to see a three year model, as well as answers to these:
• Can you list out all of the products the business will offer?
• Are there related services like weatherizing or repairs that you'll offer?
• How many rainy days are there per year in the region of operations you've selected?
• Have you made sure to factor in seasonality when forecasting revenues?
• How many employees will you need at retail?
• How will you market the rain gear?
These are some of the most important questions you'll need to ask yourself as you prepare the business plan. You'll need a pro forma financial model that shows total revenues and costs (along with other overhead and business expenses) for three years per SBA guidelines. The tables you'll need to build include start-up summary, the revenue forecast, a break-even point, your profit and loss, a cash flow, and the balance sheet. A retail plan like this will also need to show the first year by month. The plan should also talk about competition and give a look at the major lines you might carry (North Face, Gortex, etc.) – what will bring people to your store instead of a larger competitor? It's a question you will be asked. Do you want professional guidance on this business plan? MasterPlans leads the industry in business plan creation and our team of experts can help you get on your way to funding. Call 877-453-2011 today.
