Business Plan Excel – Reliable Retail Store Business Plan Template (Part 1)

Business Plan Excel – Reliable Retail Store Business Plan Template (Part 1)

Excel Business Plan – What is it?

Business Plan Excel is an affordable retail store business plan template structured in a user-friendly Excel format that gives the essential flexibility preferred by start-ups and existing retail businesses. This template is the product of 14 years of painstaking effort and hard work, enhanced by the information gathered during my training for working at a consumer store in Singapore and refined through the test of time. Today, the consumer store of Socorro Empowered People’s Cooperative (SOEMCO), an institution deeply attached to island life in Bucas Grande Island, Socorro, Surigao del Norte, Philippines, runs a seamless retail business using the Excel business plan template as a road map in its planning and operating efforts.

Basic considerations

The main factor to consider before executing a business plan excel template is the planning period. In our case at the SOEMCO consumer store, we found the 5-year period to be appropriate. In addition, the latest population and average household size in the retail store’s catchment area should be ascertained. Finally, the target market share is determined.

Template content

The Excel business plan template comes in 16 interrelated graphs that are very important in achieving a viable 5-year financial forecast for your retail store business. The first 5 graphics of the pattern will be discussed in detail in this article:

Schedule 1- Total cost of the project. This part of the template outlines the fixed assets, working capital and pre-operating expenses for the first year of operation. The figures are provided automatically from the results of the interconnected schedules linked in the items included in schedule 1.

Schedule 2 – Profit and Loss Statement. This segment of the Excel business plan template deals with the 5-year forecast of discounted sales, cost of sales, as well as net sales before losses, inventory costs, and operating expenses to derive net profits before and after taxes. A monthly statement of profit and loss can be derived from the annual statement.

Schedule 3- Calculation of profitability. This outlines the 5-year profitability forecast for the retail store business. Consists of item cost, gross profit margin and annual/monthly/daily sales without leveling. The figures provided in the segment are very helpful to the store management in preparing the sales forecast which will be detailed in the later post on the subject.

Schedule 4- Profitability ratios. This part of the Excel business plan template deals with the 5-year profitability ratios of the retail store business. Based on the figures provided by other related schedules, net profit margin, return on assets, asset conversion rate, financial leverage ratios and return on equity are provided automatically.

Schedule 5 – Statement of Estimated Cash Flow. This refers to the 5-year projected statement of cash flows, taking into account the opening balance, cash receipts, cash available, periodic cash payments, periodic ending balance. The annual cash flow statement can be divided into monthly and daily cash flow statements.

The rest of the schedules in the business plan excel template will be covered in future posts on the topic.

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