Hello, I am currently using the SBA guidelines for creating a business plan,
but I am stuck at the profit and loss statements. To create assumptions about
this, I would need more detailed data like the cost of goods and estimated
sales. I can guess, but I need data to make a realistic assumption about my
sales projections. I hope to spend at least $25,000 in clothing for a 1500 sf
store, but I don't know how to price these clothing, so it is difficult to
assess the monthly sales because these sales are dependent on my set prices.
I need help
Best regards
John
You might check for industry associations online. In writing business plans,
I have found that some associations provide much useful information on their
websites. If you find an association that fits your needs but no financial
information, send them an email. Some are willing to assist, particularly if
they think you may be a future member.
jtowbin | Community Moderator |
10/29/2012 - 1:30 pm
Hi John, A good place to start is with one of SBA resource partners: SCORE or Small Business Development Centers. These organizations provide free business counseling and training. To find your nearest SBA resource partner, enter your zip code in our local assistance guide. Good Luck!
BizResearcher | Window Shopper | 10/31/2012 - 2:18 pm
I have found that some associations provide much useful information on their
websites. If you find an association that fits your needs but no financial
information, send them an email. Some are willing to assist, particularly if
they think you may be a future member.
jtowbin | Community Moderator | 10/29/2012 - 1:30 pm
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