Drop Shipping Business Plan

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This easy-to-use, simple, and professional Drop Shipping. You can use the MS Word Business Plan Template to make a Simple Small Business Plan For Drop Shipping that looks good and will convince investors. The brief business plan overview will just be a blueprint, with the chance that it will grow in the future. Among the things to see are:

  • A short, clear executive summary that puts the focus on your action plan
  • Your business's goals
  • End customers and specifics about your product or service
  • A short analysis of what makes you different from your competitors
  • Predicting sales and income, looking at profit and loss, and analyzing the balance sheet
  • A confidentiality agreement about bonuses and perks to protect your business and ideas.

You can choose as many colors, fonts, and graphics as you want for your brand.

What you Get in Your Drop Shipping Business Plan Package


9 Chapter Business Plan Template in MS Word, Google Docs and MAC Pages
Pitch Deck Template in PowerPoint, Keynote & Google Slides
5 Year Financial Model Template in MS Excel, Google Sheets and MAC Numbers
Financial Dashboard Template in MS Excel, Google Sheets and MAC Numbers
Business Model Canvas Template in MS Excel, Google Sheets and MAC Numbers
SWOT Analysis Template in MS Excel, Google Sheets and MAC Numbers
Competitive Analysis Template in MS Excel, Google Sheets and MAC Numbers


Use this Drop Shipping Financial Model Demo As An Example



Drop Shipping Financial Model in Excel, Google Sheets and Numbers

The process of assessing your business potential or funding needs is made easier using a robust, well designed Drop Shipping financial projection template. Our financial model in excel provides a helpful way to see into the future. By using our well-developed template, you can develop and analyse multiple scenarios, including best and worst-case projections, enabling you to plan for the future and build a viable business with insights in various potential situations. You will get analysis on all the essential financial reports, including monthly sales projections, operational expenses and capital requirements.

Additionally, our Drop Shipping business plan financial template is completely customizable, allowing you to edit all inputs to suit your particular business model.



Use this Drop Shipping Financial Model Demo As An Example



I.- Drop Shipping Executive Summary



Business Overview

[Company Name], located in [insert location here], is a drop shipping company that focuses on providing drop shipping services to individuals and businesses in the surrounding community. The Company will work with the top suppliers to ensure affordable, on-time delivery. We will have an impressive list of integrations and sophisticated inventory management tools to support a large number of suppliers and products. The Company’s goal is to become one of the leading drop shipping companies in the area.

Services

[Company Name] will provide high-quality drop shipping services to its clients, for the following categories:

  • Toys

  • Home Goods

  • Apparel

  • Appliances

  • Mobile Phones

  • Shoes



Customer Focus

[Company Name] will primarily serve households and businesses within a 100-mile radius of the business location. The demographics of the customers is as given below:

  • Households- 82%

  • Businesses- 18%



  • Management Team

    [Company Name] is led by [Founder’s name], who has been in the drop shipping industry for [x] years. [Founder] has a business degree. He has extensive experience in the drop shipping industry, working for leading drop shipping companies prior to starting his own company. He will have the help and support of his business partner, [Insert Name], who will handle the marketing and admin tasks for the company.

    Success Factors

    [Company Name] is qualified to succeed due to the following reasons:

    • There has been significant growth in the drop shipping industry over the past few years. In addition, the company surveyed the local population and received highly positive feedback pointing towards an explicit demand for these services, supporting the business after launch.

    • The management team has a track record of success in the drop shipping business.

    • The Company will provide high-quality drop shipping services.

    • The drop shipping company is a proven, successful business in the United States.



    Financial Highlights

    [Company Name] is currently seeking $160,000 to launch its drop shipping company. Specifically, these funds will be used as follows:

    • Build-out and Startup costs: $62,000

    • Working capital: $98,000 to pay for marketing, supplies and salaries until [Company Name] reaches break-even.



    Drop Shipping Financial Plan Core Financials Report


    II.- Drop Shipping Business Overview



    Who is [Company Name]?

    [Company Name], located in [insert location here], is a drop shipping company that focuses on providing drop shipping services to individuals and businesses in the surrounding community.

    The Company’s primary service includes delivering a wide range of products from globally recognized manufacturing brands at rock bottom prices to its customers within a 100-mile radius of the business location. The Company will run 24 hours a day and 7 days a week, with an effective and timely delivery system.

    We will also have an impressive list of integrations and sophisticated inventory management tools to support a large number of suppliers and products. The Company’s goal is to become one of the leading drop shipping companies in the area.

    [Company Name]’s History

    [Founder’s Name] is an entrepreneur with a passion for drop shipping who seeks to provide a one-of-a-kind upscale drop shipping experience to the community by offering a wide selection of drop shipping services in one place. [Company Name] will become a known drop shipping company in [Location] that will engage in all aspects of business services synonymous with a standard organization operating in the drop shipping industry.

    Upon surveying the local customer base and finding the potential retail location, [Founder’s Name] incorporated [Company Name] as an S-Corporation on [date of incorporation].
    [Founder’s Name] has selected an initial location and is currently undergoing due diligence on each property and the local market to assess the most desirable location for the drop shipping company.

    Since incorporation, the company has achieved the following milestones:

    • Developed the company’s name, logo, and website

    • Determined the list of services to be offered

    • Determined equipment and inventory requirements

    • Began recruiting key employees with experience



    Use this Drop Shipping Business Plan Sample As A Guideline



    [Company Name]’s Products/Services

    The Company will be offering drop shipping services in the following area:

    • Toys

    • Home Goods

    • Apparel

    • Appliances

    • Mobile Phones

    • Shoes



    III.- Drop Shipping Industry Analysis



    [Company Name] competes against small, individually owned drop shipping companies. The Drop Shipping market size is expected to grow exponentially over the next five years, reaching $125.45 billion.

    Growth is mostly attributed to the increase in online shopping, coupled with the rising trend of cross-border e-commerce trade. Hence, the rise in demand for drop shipping services is predominantly influenced by the growth of the e-commerce industry. Rising smartphone penetration, coupled with increasing consumer disposable income, is contributing toward the growth of the e-commerce market, thereby driving the demand for drop shipping services.

    Use this Drop Shipping Business Plan Sample As A Guideline



    What you Get in Your Drop Shipping Business Plan Package


    9 Chapter Business Plan Template in MS Word, Google Docs and MAC Pages
    Pitch Deck Template in PowerPoint, Keynote & Google Slides
    5 Year Financial Model Template in MS Excel, Google Sheets and MAC Numbers
    Financial Dashboard Template in MS Excel, Google Sheets and MAC Numbers
    Business Model Canvas Template in MS Excel, Google Sheets and MAC Numbers
    SWOT Analysis Template in MS Excel, Google Sheets and MAC Numbers
    Competitive Analysis Template in MS Excel, Google Sheets and MAC Numbers


    IV.- Drop Shipping Customer Analysis



    Profile of Target Market

    [Company Name] will serve households and businesses within a 100-mile radius of the business location. The area it will serve is populated mostly by moderate to affluent people; as a result, they have the means to pay for higher quality services.

    Use this Drop Shipping Business Plan Sample As A Guideline



    Demographics

    The precise demographics of the town in which the business resides is as follows:

    Drop Shipping Financial Plan Demografics Analysis


    Customer Segmentation

    The Company will primarily target the following customer segments:
    • Households: The biggest consumer will be households. Households purchase the most goods online and therefore require drop shipping services for a majority of their purchases.

    • Businesses: Businesses have shifted to purchasing a majority of their supplies via ecommerce and thus require drop shipping services as well.



    V.- Drop Shipping Competitive Analysis



    Direct & Indirect Competitors

    Shipify
    Shipify is one of the leading providers of drop shipping services in town and has been in business since 1999. Shipify provides all types of drop shipping services from apparel to appliances to gadgets. Shipify provides both domestic and international shipping services.

    Shipping USA
    Shipping USA has been in the industry for xx years, catering to various groups of customers. Shipping USA provides drop shipping services in the area of sports and fitness, toys and games and electronics, etc. Shipping USA focuses on select product categories, vs. a vast product catalogue.

    Drop Ship Inc.
    Drop Ship Inc. is one of the leading providers of drop shipping services in town and has been in business since 2004. Drop Ship Inc. offers drop shipping services in consumer electronics and video game items. Drop Ship Inc.’s strength lies in its ability to focus on a market niche. Its services are only available domestically.

    Use this Drop Shipping Business Plan Sample As A Guideline



    What you Get in Your Drop Shipping Business Plan Package


    9 Chapter Business Plan Template in MS Word, Google Docs and MAC Pages
    Pitch Deck Template in PowerPoint, Keynote & Google Slides
    5 Year Financial Model Template in MS Excel, Google Sheets and MAC Numbers
    Financial Dashboard Template in MS Excel, Google Sheets and MAC Numbers
    Business Model Canvas Template in MS Excel, Google Sheets and MAC Numbers
    SWOT Analysis Template in MS Excel, Google Sheets and MAC Numbers
    Competitive Analysis Template in MS Excel, Google Sheets and MAC Numbers


    Competitive Advantage

    [Company Name] enjoys several advantages over its competitors. These advantages include:

    • Management: The Company’s management team has x years of business and marketing experience that allows them to serve customers in an improved and sophisticated manner than the competitors.

    • Relationships: Having lived in the community for xx years, [Founder’s Name] knows all of the local community, media, and other influencers. Furthermore, he will be able to draw from his existing personal and professional relationships to develop an initial client base.

    • Great services at an affordable price: The complete array of drop shipping services offered by [Company Name] nearly equals the most premium positioned competitor, [Competitor Name]. However, [Company Name] will offer these services at a much more affordable price.



    VI.- Drop Shipping Marketing Plan





    Use this Drop Shipping Business Plan Sample As A Guideline



    The [Company Name] Brand

    [Company name] seeks to position itself as a respectable, upper-middle-market competitor in the drop shipping market. Customers can expect the best drop shipping experience for the services provided.

    The [Company Name] brand will focus on the company’s unique value proposition:

    • Offering a wide collection of high-quality drop shipping services

    • Comfortable, customer-focused environment

    • Moderate price point

    • Providing excellent customer service



    Promotions Strategy

    [Company Name]’s promotions strategy to reach the audience includes:

      Pre-Opening Events
      Before opening the drop shipping company, [Company Name] will organize pre-opening events designed for prospective customers, the local community, and press contacts. These events will create buzz and awareness for [Company Name] in the area.

      Advertisement
      Advertisements in print publications like newspapers, magazines, etc., are an excellent way for businesses to connect with their audience. The Company will advertise its company offerings in popular magazines and news dailies. Obtaining relevant placements in industry magazines and journals will also help in increasing brand visibility.

      Public Relations
      [Company Name] will hire an experienced PR agency/professional(s) to formulate a compelling PR campaign to boost its brand visibility among the target audience. It will look to garner stories about the company and its products in various media outlets like podcasts, television stations, radio shows, etc.

      Social Media Marketing
      Social media is one of the most cost-effective and practical marketing methods for improving brand visibility. The Company will use social media to develop engaging content and post customer reviews that will increase audience awareness and loyalty.

      Word of Mouth Marketing
      [Company name] will encourage word-of-mouth marketing from loyal and satisfied clients. The Company will use recommendations and word-of-mouth marketing to grow the customer base through the network of its existing customers. The Company will be incentivizing its existing customer base to encourage their friends to come and try their services for the first time.

      Special Offers
      Offers and incentives are an excellent approach to assisting businesses in replenishing the churn in their customer base that they lose each year. The Company will introduce special offers to attract new consumers and encourage repeat purchases, which will be quite advantageous in the long run.

      Pricing Strategy

      [Company Name]’s pricing will be moderate, so customers feel they receive great value when availing of the drop shipping services. The customer can expect to receive quality services at a more affordable price than what they pay at an ultra-premium drop shipping company.


    VII.- Drop Shipping Operations Plan



    To execute on [Company Name]’s business model, the company needs to perform many functions, including the following:

    Service Functions

  • Logistics and Operations Manager

  • Sales manager

  • Customer service




  • Administrative Functions

  • General & administrative functions including legal, marketing, bookkeeping, etc.

  • Hiring and training staff



  • Use this Drop Shipping Business Plan Sample As A Guideline



    What you Get in Your Drop Shipping Business Plan Package


    9 Chapter Business Plan Template in MS Word, Google Docs and MAC Pages
    Pitch Deck Template in PowerPoint, Keynote & Google Slides
    5 Year Financial Model Template in MS Excel, Google Sheets and MAC Numbers
    Financial Dashboard Template in MS Excel, Google Sheets and MAC Numbers
    Business Model Canvas Template in MS Excel, Google Sheets and MAC Numbers
    SWOT Analysis Template in MS Excel, Google Sheets and MAC Numbers
    Competitive Analysis Template in MS Excel, Google Sheets and MAC Numbers


    Milestones

    [Company Name] expects to achieve the following milestones in the following [] months:

    Drop Shipping Financial Plan Milestones


    VIII.- Drop Shipping Management Team



    [Company Name] is led by [Founder’s name], who has been in the drop shipping industry for [x] years. [Founder] has a business degree. While [Founder] has never run a drop shipping business himself, he has been active in the industry. He has extensive experience in the drop shipping industry, working for leading companies as a manager and managing it for xx years prior to starting his own drop shipping company.

    Use this Drop Shipping Business Plan Sample As A Guideline



    Hiring Plan

    [Founder] will serve as the Chief Executive Officer. In order to launch the drop shipping business, the company will need to hire the following personnel:
    • Sales and customer service [Number]

    • Part-Time Bookkeeper (will manage accounts payable, create statements, and execute other administrative functions)

    • Human Resources and Admin Manager

    • IT Manager


    IX.- Drop Shipping Financial Plan



    [Company Name]’s revenues will come from drop shipping services. The major costs for the company will be the cost of supplies and salaries of the staff. In the initial years, the company’s marketing spend will be high to establish itself in the market. Moreover, rent for the prime location is also one of the notable cost drivers for the [Company Name].

    Use this Drop Shipping Financial Model Demo As An Example



    Capital Requirements and Use of Funds

    [Company Name] is currently seeking $160,000 to launch its drop shipping company. The capital will be used for funding capital expenditures and location build-out, hiring initial employees, marketing expenses, and working capital.

    Specifically, these funds will be used as follows:
    - Build-out and Startup costs: $62,000
    - Working capital: $98,000 to pay for marketing, supplies and salaries until [Company Name] reaches break-even

    Drop Shipping Financial Plan Sources And Uses Report



    Drop Shipping Financial Plan Sources And Uses Report


    Key Assumptions

    The following table reflects the key revenue and cost assumptions made in the financial model:

    Drop Shipping Financial Plan Core Inputs



    Drop Shipping Financial Plan Core Inputs Report


    Drop Shipping Financial Plan Top Revenues Report



    Drop Shipping Financial Plan Top Revenues Report


    Drop Shipping Financial Plan Top Expenses Report



    Drop Shipping Financial Plan Top Expenses Report


    Drop Shipping Financial Plan Income Statement



    Drop Shipping Financial Plan Income Statement Report


    Drop Shipping Financial Plan Cash Flow Statement



    Drop Shipping Financial Plan Cash FLow Report


    Drop Shipping Financial Plan Balance Sheet Statement



    Drop Shipping Financial Plan Balance Sheet Report

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    Drop Shipping Business Plan

    $49.00