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011 Month Business Plan Retail Page 7

011 Month Business Plan Retail Page 7 Phenomenal 3

Impress for Success _ Now you have to admit, this is going to make an impressive package! Put it in a binder and you have built something to be proud of _ the first of your many business accomplishments. Your potential investors will appreciate the depth of your analysis, but this tool will prove helpful in describing your venture to your employees, customers, and suppliers, as well. After you have been up and running for a few months, you will find that the planning that you have done will sensitize your inner "business compass" and allow you to flexibly adjust to contingencies. And that is indispensable!

But your fixed expenses don't do this. They remain the same no matter what sales does. That's why it's call fixed. These are expenses like rent, taxes, utilities, phone, salaries, insurance, etc. A lot of business owners never consider this. They just lump all their expenses together. But you could never make an accurate plan if you combine all your expenses together. If you project your sales higher and want to know what your expenses will be, you have to separate your fixed and variable. So, thinking about this principle, let me ask you a question. If your sales grew 10% and nothing else changed, would your profit margin be higher, the same, or less? Profit margin is % of profit against sales

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012 Jan Page 1 Month Business Plan Phenomenal 3 Retail 320

012 Jan Page 1 Month Business Plan

015 Write Sales Plan Step Business Month Phenomenal 3 Retail 320

015 Write Sales Plan Step Business Month

010 Business Plan Month Retail Thumbnail Phenomenal 3 320

010 Business Plan Month Retail Thumbnail

013 Business Sales Plan Template Fpgqx Elegant Doc Bakery An Essay Paper Of Cpizh Month Phenomenal 3 Retail 320

013 Business Sales Plan Template Fpgqx Elegant Doc Bakery An Essa

011 Month Business Plan Retail Page 7 Phenomenal 3 320

011 Month Business Plan Retail Page 7


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