Wine retail business plan is very important for wine business for any states business. I tried to cover all the topics of Wine retail business plan. Hopefully this will help you a lot. You can visit my blog( https://www.accountingprime.com/) for more information or you can mail me for more information. This is all about my 5 years experience. Hopefully this will help you a lot.
2. Research Your Target Market
• Target Customer
• Find out a your customer
• Competition:
• Analyze the competition
• Local & State Regulations-
• Know the rules and regulations of the
market
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3. Research Your Target Market
steps to start a wine shop?
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Plan your business
Form a legal entity
Register for taxes
Open a business bank account
Set up business accounting
Obtain necessary permits and licenses
Get business insurance
Define your brand
Establish a web presence
4. Who is Your wine customer?
Everyone
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5. Company Name, Logo and hire Staff
1. Hire a professional designer for
design your business logo
2. Purchase some Equipment
3. Hire good staff
4. Match the design to your products
5. Lease a Shop
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6. Design Your wine Products List
Cabernet Sauvignon
Syrah
Zinfandel
Pinot Noir
Become Confident with Wine
Chardonnay
Sauvignon Blanc
Pinot Gris
Riesling
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9. Executive Summery
The Business Opportunity
The Target market
The Competition
Mission Statement
Vision Statement
Objective
Company Information
Business Highlights
Future goals
Market data
Risk Analysis
Development Plan
Describe in Details in
Word File
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10. Financing Options
Leasing
Equipment Loan/Financing Program
Rollover For Business Startups (ROBS)
Microloan from SBA
Find Investors
Crowdfunding
Bank Loan
Loan from relatives
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11. Get Insurance for Equipment
Insurance Expense Approximate Annual Cost
General Liability $550
Business Owner’s Policy $750
Commercial Auto $1,750
Worker’s Compensation Insurance $1,900
Total $4,950
12. Legal documents for Service
Business license
Insurance policies
Tax Identification Number
13. Get Your Licenses and Registrations
Business Permit
Workers’ Compensation
Business Insurance
Licenses and permits will $100 – $500 based on location.
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14. S W
TO
S T R E N GT H
Describe your
Strength.
O P P O RT U N I T
Y
T H R E AT
W E A K N E S S
SWOT ANALYSIS
Describe your
Opportunity.
Describe your
Weakness
Describe your
Threat
17. Marketing Plan
SEO
Websites.
Blogs.
Infographics.
Content Marketing
Blog posts.
eBooks and whitepapers.
Infographics.
Online brochures and
lookbooks.
Social Media
Facebook.
Twitter.
LinkedIn.
Instagram.
Snapchat.
Pinterest.
Google+.
Describe in Details in
Word File
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18. Marketing Plan
Pay-Per-Click (PPC)
Paid ads on Facebook.
Promoted Tweets on Twitter.
Sponsored Messages on LinkedIn.
Marketing Automation
Email newsletters.
Social media post scheduling.
Contact list updating.
Lead-nurturing workflows.
Campaign tracking and reporting.
Describe in Details in
Word File
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19. Startup Cost( It varies)
Start-up Costs USD
Equipment Estimated Cost
Wrap & Equipment & Inventory $25,000 – $100,000
Inventory(average) $1,000 – $2,000
Permits and Licenses fees $100 – $500
Website plan Free – $5,000
Facebook / Twitter Free-$200
Register / POS $200 – $1,000
Uniforms $0 – $1,000
Other Expense $200 – $300
Misc. Expenses $500 – $2000 Plan for some unexpected expenses
Safety equipment $1000 – $2000
Fire Extinguisher $100 – $300
Total Low End $28,100
Total High End $114,100
On-Going Costs
Item Monthly Estimated Cost
Commissary $400 – $1,200
Phone / Internet $100 – $200
Fuel $500
Labor $8 – $15 per hour is average rate.
Repairs & maintenance Average $1000 per Month
20. Financial Plan and Forecast for Wine
business
Sales Projections
Monthly Cost Estimation
Break Even Analysis
Financial Ratio Analysis
5 years Profit & loss Statement projection
5 years Cash flow Projections
5 years Balance Sheet
Describe in
Details in
Excel Sheet
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22. Market size of Wine retail business
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Sales in Billion
23. 6 Weapons Needed for Wine Retail
Business
Know your industry
Your shop is as strong as your network
Integrate channels and use data
Be authoritative yet approachable
Tell your wine’s story
Adapt
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24. Why Wine retail Business Fail?
Lots of complicated regulations designed to protect traditional Poor
operation and financial planning
Underestimating daily number of wine needed
Wrong place choice
Service Pricing
Lack of good marketing
25. It Must be 20-25 Pages Business Plan
Financial Plan should be 3/5 years and it should be
10-15 pages details .
Business Plan and Financial Plan
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26. Thank You
For More Details
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My Blog: www.accountingprime.com
Mail: accruon@gmail.com
Do you need your full Business Plan ?
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Business Plan & Financial Plan