Office Furniture Retailer Business Plan
POWERLINE OF NORTHERN MINNESOTA
982 Delaney Circle
Johnsonville MN 77821
This business plan garnered it's owner the loan it requests. Should a business owner compile a business plan in advance of requesting a loan, it can help the loan process go more smoothly. This plan, in addition to its succinctness, has a very comprehensive consideration of the marketplace.
- STATEMENT OF PURPOSE
- EXECUTIVE SUMMARY
- MARKET ANALYSIS
- MANAGEMENT
Statement of Purpose
PowerLine of Northern Minnesota, dba of Habitat, Inc., is a PowerLine studio providing design services and a selection of PowerLine furniture and cabinetry in a showroom environment. Studio products and services focus on general business and health care markets in a territory north of Garnet including most of Minnesota's northern regions, based in Petoskey.
The company requires start up capital in the amount of $60,000, to be used for leasehold improvements, displays and accessories, inventory, office equipment, tools, forms, signage, opening costs and operating capital. Funding is needed for a projected opening of April 1995. Two months are necessary for ordering and set up of displays.
The operation of PowerLine of Northern Minnesota will result in a net profit sufficient to repay the loan and interest within five years. The loan can be secured with home equity funds in the amount of $30,000 and retirement.and stock funds of the pricipals.
