This furniture upholsterer business plan template has 40 pages and is a MS Word file type listed under our business plan kit documents.
Sample of our furniture upholsterer business plan template:
Confidentiality Agreement The undersigned reader acknowledges that the information provided by [YOUR COMPANY NAME] in this business plan is confidential; therefore, reader agrees not to disclose it without the express written permission of [YOUR COMPANY NAME]. It is acknowledged by reader that information to be furnished in this business plan is in all respects confidential in nature, other than information which is in the public domain through other means and that any disclosure or use of same by reader may cause serious harm or damage to [YOUR COMPANY NAME]. Upon request, this document is to be immediately returned to [YOUR COMPANY NAME]. ___________________ Signature ___________________ Name (typed or printed) ___________________ Date This is a business plan. It does not imply an offering of securities. 1.0 Executive Summary 1 Chart: Highlights 2 1.1 Objectives 2 1.2 Mission 2 1.3 Keys to Success 2 2.0 Company Summary 3 2.1 Company Ownership 3 2.2 Start-up Summary 3 Table: Start-up 4 Chart: Start-up 4 3.0 Services 5 4.0 Market Analysis Summary 5 4.1 Market Segmentation 7 Table: Market Analysis 7 Chart: Market Analysis (Pie) 7 4.2 Target Market Segment Strategy 8 4.3 Service Business Analysis 8 4.3.1 Competition and Buying Patterns 8 5.0 Web Plan Summary 8 5.1 Website Marketing Strategy 9 5.2 Development Requirements 9 6.0 Strategy and Implementation Summary 9 6.1 Competitive Edge 10 6.2 Marketing Strategy 10 6.3 Sales Strategy 10 6.3.1 Sales Forecast 10 Table: Sales Forecast 10 Chart: Sales Monthly 11 Chart: Sales by Year 11 6.4 Milestones 12 Table: Milestones 12 7.0 Management Summary 12 7.1 Personnel Plan 13 Table: Personnel 13 8.0 Financial Plan 13 8.1 Start-up Funding 14 Table: Start-up Funding 14 8.2 Important Assumptions 15 8.3 Break-even Analysis 15 Table: Break-even Analysis 15 Chart: Break-even Analysis 16 8.4 Projected Profit and Loss 16 Table: Profit and Loss 17 Chart: Profit Monthly 18 Chart: Profit Yearly 18 Chart: Gross Margin Monthly 19 Chart: Gross Margin Yearly 19 8.5 Projected Cash Flow 20 Table: Cash Flow 21 Chart: Cash 22 8.6 Projected Balance Sheet 23 Table: Balance Sheet 23 8.7 Business Ratios 24 Table: Ratios 24 APPENDIX Table: Sales Forecast 1 Table: Personnel 2 Table: Profit and Loss 3 Table: Cash Flow 4 Table: Cash Flow (Cont'd) 5 Table: Balance Sheet 6 1.0 Executive Summary Introduction The owners of [YOUR COMPANY NAME] are [NAME]'s. The Company is a sole proprietorship start-up. This document has been prepared to provide the reader with information about our company, including business structure, company goals, projected growth, venture capital requirements, start-up costs, an investment analysis and the industry trends. Location The company operations will be located in [YOUR CITY]. The Company will be constructing a new building on land that will be purchased once grant funding is received. Building construction will be completed using environmentally friendly materials and installing energy efficient equipment. The Company The company operations will consist of welding and upholstery services in accordance with the designs and concepts residential and commercial customers. The company is dedicated to providing the highest quality workmanship, meeting the agreed delivery dates, and executing the custom work exactly in accordance with the designer's concept. The focus of this business plan is to identify its future target clients, explain its marketing strategy, and to improve its internal procedures so it can substantially increase profitability. Our Services [YOUR COMPANY NAME] will provide welding services on fencing, metal stairs, railings, shutters, and etc. The upholstery end of the business will complete auto restorations, home sofa repair, and auto top repairs. Financial Considerations The current financial plan for [YOUR COMPANY NAME] is to obtain grant funding in the amount of $250,000. The grant will be used to purchase land, purchase (1) work van and (2) trucks, purchase necessary equipment and office equipment, and cover payroll for 1st year of operations. The major focus for grant funding is as follows: 1. The Company is a 50% woman owned business 2. Family owned business 3. All construction will use "green" materials and applications for environmental and energy efficiency 4. Purchased Equipment will be the most energy efficient equipment available Chart: Highlights Objectives The objectives for [YOUR COMPANY NAME] over the next three years are to: Achieve sales revenues of approximately $300,000 by year three. Achieve a customer mix of 30% commercial/60% residential contracts per year. Expand operations to include all the Valrico area and surrounding cities in Florida. Mission The mission of [YOUR COMPANY NAME] is to serve the community with the best service at a fair price. The Company will be dedicated to providing the highest quality workmanship, meeting the agreed delivery dates, and executing the custom work exactly in accordance with the customers concept. Keys to Success Keys to success for the company will include: Providing quality service. Customer service with a smile. Competitive pricing. Ensuring the install is the finest product on the market. 2.0 Company Summary [YOUR COMPANY NAME] is a startup company located in [YOUR CITY] in [YOUR STATE/PROVINCE]. Mailing Address: [YOUR ADDRESS] [YOUR CITY, STATE/PROVINCE /ZIP CODE] [YOUR PHONE NUMBER] (XXX) XXX-XXXX [YOUREMAIL@YOURCOMPANY.COM] The Company will be providing welding and upholstery services to commercial and residential customers. The company was formed to take advantage of the perceived weakness and inadequacies of other regional companies in terms of quality and customer satisfaction. [YOUR COMPANY NAME] will purchase the land that the company offices will occupy. The facilities will include a reception area, offices for the principals, storage area for inventory, and employee lounge. 2.1 Company Ownership This business will start out as a simple proprietorship, owned by its founders [NAME]'s. As the operation grows, the owners will consider re-registering as a limited liability company or as a corporation, whichever will better suit the future business needs. 2.2 Start-up Summary The Company owners, [NAME]'s, will handle day-to-day operations of the business and will work collaboratively to ensure that this business venture is a success. The start-up costs for the business are $9,600 (including sewing machine, welder, tools, grant and business plan writing). The start-up costs have been financed by the owners' personal funds. Table: Start-up Start-up Requirements Start-up Expenses Used Yamata sewing machine $350 Used Millermatic 200 welder $350 Used power and hand tools $2,500 Grant Writing $3,200 Business Plan Writing $3,200 Other $0 Total Start-up Expenses $9,600 Start-up Assets Cash Required $0 Other Current Assets $0 Long-term Assets $0 Total Assets $0 Total Requirements $9,600 Chart: Start-up 3.0 Services [YOUR COMPANY NAME] offers welding and upholstery repair to the residential and commercial markets. 4.0 Market Analysis Summary Upholstery The industry is old, frayed and costly to repair. Quality craftsmanship does not come cheap, unlike some furniture imports. Replacing furniture has become a more affordable option than reupholstering. Industry players need to consolidate in order to provide quality work and affordable prices at convenient locations. Product/Services Office furniture repair Upholstery repair, household furniture Wooden household furniture repair Other household furniture repair Antique furniture repair and restoration Aircraft upholstery repair Key Industry Statistics Key Industry Figures 2009 Industry Revenue 1,990.2 $Mil Revenue Growth -2.4 % Industry Gross Product 1,108
