{"id":7026,"date":"2018-10-31T00:00:48","date_gmt":"2018-10-31T00:00:48","guid":{"rendered":"https:\/\/entrepreneursgateway.com\/?p=7026"},"modified":"2019-03-27T13:12:01","modified_gmt":"2019-03-27T13:12:01","slug":"business-plan-ecommerce","status":"publish","type":"post","link":"https:\/\/entrepreneursgateway.com\/business-plan-ecommerce\/","title":{"rendered":"How to write an Ecommerce Business Plan (Step by step) Guide"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"7026\" class=\"elementor elementor-7026 elementor-bc-flex-widget\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-81578fe elementor-section-stretched elementor-section-height-min-height elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-items-middle\" data-id=\"81578fe\" data-element_type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5dca52c\" data-id=\"5dca52c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-1804439 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1804439\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-7a6ec3a\" data-id=\"7a6ec3a\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0c7fbf4 elementor-widget elementor-widget-heading\" data-id=\"0c7fbf4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Starting an Ecommerce Business?<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6679b0d elementor-widget elementor-widget-heading\" data-id=\"6679b0d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"How_to_Write_an_Ecommerce_Business_Plan_FAST\"><\/span>How to Write an Ecommerce Business Plan (FAST)<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b83ba12 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"b83ba12\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e12eadf elementor-widget elementor-widget-heading\" data-id=\"e12eadf\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Step_by_Step_ACTIONABLE_Case_Study\"><\/span>Step by Step<br>(ACTIONABLE)<br>Case Study<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-519db67 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"519db67\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9e81352\" data-id=\"9e81352\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d3d1463 elementor-widget elementor-widget-text-editor\" data-id=\"d3d1463\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><strong>Before you launch an ecommerce store, you\u2019ll need an ecommerce business plan. In this example, we\u2019ll dive deep into the key elements of what\u2019s required when writing a plan for your very own ecommerce empire.<\/strong><\/p><p>Taking the time to write a business plan can seem like a bit of a chore, but in the long run it will save you both time and money.<\/p><p>By checking out this example ecommerce business plan, you\u2019ll get a better understanding of your business, the resources you\u2019ll need along the way, a road map to help set out clear goals and a vision for success!<\/p><p><strong>So, what are you waiting for?<\/strong><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-82db097 elementor-section-height-min-height elementor-section-content-middle elementor-section-boxed elementor-section-height-default\" data-id=\"82db097\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-730ae81\" data-id=\"730ae81\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4918b62 elementor-widget elementor-widget-heading\" data-id=\"4918b62\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"1_Ecommerce_Business_Plan_Sample_-_Executive_Summary_Section\"><\/span>#1 Ecommerce Business Plan<br> Sample \u2013 Executive Summary Section<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-7da5e56 elementor-widget elementor-widget-text-editor\" data-id=\"7da5e56\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>The Executive Summary of your business plan outlines what your business does. It\u2019s an overview of your business and summarizes all its key points, as well as being an introduction for the rest of your plan.<\/p><p>Remember!<\/p><p>The Executive Summary is incredibly important because it might be the only section a busy person reads, so it should always include:<\/p><ul><li><b>Who the company is <\/b>\u2013 In the Company section of the executive summary, we\u2019ve talked about the key staff member and the expertise and experience he brings to the table, as well as the proposed project and the opportunities it will bring to the local area.<\/li><li><b>What we sell<\/b> \u2013 What the problem is and how you plan to solve the problem.<\/li><li><b>Target Market<\/b> \u2013 Who your customers are going to be.<\/li><\/ul><p>So, if you would like to start an online comic store or are looking for an ecommerce business plan template, this guide will give you all the ideas you need for a complete business plan.<\/p><p>Check it out and feel free to lift anything you want.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-520c652 elementor-blockquote--skin-border elementor-blockquote--button-view-icon-text elementor-blockquote--button-skin-classic elementor-blockquote--button-color-official elementor-widget elementor-widget-blockquote\" data-id=\"520c652\" data-element_type=\"widget\" data-widget_type=\"blockquote.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<blockquote class=\"elementor-blockquote\">\n\t\t\t<p class=\"elementor-blockquote__content\">\n\t\t\t\tThe #Executive #Summary outlines what your business does, summarizes your key points, and prepares investors for the rest of your #businessplan. It\u2019s vital you provide a solid case for your business idea, which is why your #executive #summary is so important! \t\t\t<\/p>\n\t\t\t\t\t\t\t<div class=\"e-q-footer\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/twitter.com\/intent\/tweet?text=The+%23Executive+%23Summary+outlines+what+your+business+does%2C+summarizes+your+key+points%2C+and+prepares+investors+for+the+rest+of+your+%23businessplan.+It%E2%80%99s+vital+you+provide+a+solid+case+for+your+business+idea%2C+which+is+why+your+%23executive+%23summary+is+so+important%21+&amp;url=https%3A%2F%2Fentrepreneursgateway.com%2Fwp-json%2Fwp%2Fv2%2Fposts%2F7026\" class=\"elementor-blockquote__tweet-button\" target=\"_blank\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fab fa-twitter\"><\/i>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-blockquote__tweet-label\">Tweet<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/blockquote>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9d04bbb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9d04bbb\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-439bffa\" data-id=\"439bffa\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3c62cae elementor-widget elementor-widget-heading\" data-id=\"3c62cae\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Executive_Summary\"><\/span>Executive Summary<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c4fc976 elementor-widget elementor-widget-image\" data-id=\"c4fc976\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"475\" height=\"168\" src=\"https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-03.jpg\" class=\"attachment-large size-large wp-image-7029\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-03.jpg 475w, https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-03-300x106.jpg 300w\" sizes=\"(max-width: 475px) 100vw, 475px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0a8ea7c elementor-widget elementor-widget-heading\" data-id=\"0a8ea7c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Who We Are<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bc89ae6 elementor-widget elementor-widget-text-editor\" data-id=\"bc89ae6\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Comic Books Online intends to become the market leader in the sale of games, comics, and collectables. This will be achieved via a network of ecommerce websites with additional sales coming through Amazon and eBay.<\/p><p>At present Comic Books Online is based at The Main Street Lodge, Main Street, California. The long-term plan is to have a brick and mortar retail chain within the City, which will act as a regional hub for customers to trade in unwanted goods to serve the second-hand market and which will incorporate the online business as well.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f9fb076 elementor-widget elementor-widget-heading\" data-id=\"f9fb076\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">What We Sell<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ca02c8f elementor-widget elementor-widget-text-editor\" data-id=\"ca02c8f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Comic Books online currently sells comics (US comics, Marvel, DC etc), Miniature Wargames (Games Workshop, Warlord Games, Mantic etc), Board games (Fantasy Flight, CMON etc), CCG\u2019s (Magic the Gathering etc) and second-hand Blu Ray films via their eBay store. They are in the stages of expanding their range to include second hand vinyl records and CDs, retro and current video games, console hardware\/tablets, etc.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-226b932 elementor-widget elementor-widget-heading\" data-id=\"226b932\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Who We Sell To<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-01f394d elementor-widget elementor-widget-text-editor\" data-id=\"01f394d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Comic Books Online\u2019s primary target market is mainly males aged between 10-55 years old. There is a growing female market for the products and, if marketed and presented in the correct manner, this could be a market share that Comic Books online could dominate.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a45e2bc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a45e2bc\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f8324bb\" data-id=\"f8324bb\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-5e2a38c elementor-section-height-min-height elementor-section-content-middle elementor-section-boxed elementor-section-height-default\" data-id=\"5e2a38c\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-bc499b4\" data-id=\"bc499b4\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e573a97 elementor-widget elementor-widget-heading\" data-id=\"e573a97\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"2_Ecommerce_Business_Plan_Company_Profile_Section\"><\/span>#2 Ecommerce Business Plan <br>Company Profile Section<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-d53ca99 elementor-widget elementor-widget-text-editor\" data-id=\"d53ca99\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>In this ecommerce business plan sample, the Company Profile section can also be identified with your Company Description.<\/p><p>If it\u2019s well written, your potential investors will find it easy to understand your business model, your mission and goals, and how it\u2019s going to meet the needs of your target market.<\/p><p>So whether it\u2019s on online store business plan, an entertainment business plan or an eBay store business plan you\u2019re after, we hope you find the following information useful.<\/p><p>For the purpose of this business plan, we\u2019ve included:<\/p><ul><li>The Company and Management Team<\/li><li>Location and Facilities<\/li><li>Mission Statement<\/li><li>Objectives<\/li><\/ul><p><strong>Let\u2019s go.<\/strong><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7a29057 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7a29057\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2dddc44\" data-id=\"2dddc44\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-73c40b3 elementor-widget elementor-widget-heading\" data-id=\"73c40b3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Company\"><\/span>Company<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-88fa487 elementor-widget elementor-widget-heading\" data-id=\"88fa487\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Company Overview<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ac9a917 elementor-widget elementor-widget-text-editor\" data-id=\"ac9a917\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Comic Books Online is a fairly new business. It was formed in February 2017 by David Marvel, who is also the director, and began trading in April 2017. The company currently operates from an old warehouse which has been converted into office space but is hoping to secure a retails store within the City. At present, David deals with all the purchasing, merchandising, posting and general day to day operation of the company. David has contacted Crandell, which is an eCommerce company, and has found a web design site that he could purchase \u2018off the shelf\u2019 for around $15,000 which also includes many extras.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e1a602b elementor-widget elementor-widget-image\" data-id=\"e1a602b\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"533\" height=\"319\" src=\"https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-02.jpg\" class=\"attachment-large size-large wp-image-7030\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-02.jpg 533w, https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-02-300x180.jpg 300w\" sizes=\"(max-width: 533px) 100vw, 533px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5c754a1 elementor-widget elementor-widget-heading\" data-id=\"5c754a1\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Management Team<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-73b6a89 elementor-widget elementor-widget-text-editor\" data-id=\"73b6a89\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>David is the director of Comic Books Online and has recently employed two employees. As the business grows, David plans to employ more staff members. The same staff that work in the retail store will also be responsible for the online orders too. David is confident at planning, product sourcing and buying, as well as organization and general management. Although David has looked into buying a website \u2018off the shelf\u2019, he is also considering the option of employing a coder with the knowledge and skill to build and maintain a site on a permanent basis.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a5de554 elementor-widget elementor-widget-heading\" data-id=\"a5de554\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Locations and Facilities<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a6bd75d elementor-widget elementor-widget-text-editor\" data-id=\"a6bd75d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Currently, Comic Books Online is run from an old warehouse that has been converted into office space. David is hoping that with funding he will be able to secure a retail store within the City. He has made some tentative enquiries and has found one located on the outskirts of the City. It is 3,000 square foot which means that the online selling could operate from there as well and includes twelve parking spaces which is perfect for customers who are coming in to sell items. The rental price, per annum is $40,000.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-6755fd9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6755fd9\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-64643d8\" data-id=\"64643d8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5ede67d elementor-widget elementor-widget-heading\" data-id=\"5ede67d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Mission_Statement\"><\/span>Mission Statement<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cb22fcb elementor-widget elementor-widget-text-editor\" data-id=\"cb22fcb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Comic Books Online intends to become the market leader in the sales of games, comics and collectables. They are passionate about the products they sell and aim to deliver the highest possible customer experience and quality of service possible. Comic Books Online wants to use their passion to grow the business and to bring enjoyment to their customers. They plan to launch a series of focused websites, focusing on the different areas of collecting, which will provide a vastly improved shopping experience to their customers. A bricks and mortar retail chain not only will help grow the brand and provide name recognition but will also act as a regional hub for customers to trade in unwanted goods, to service the second-hand market.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-2c9e3b1 elementor-blockquote--skin-border elementor-blockquote--button-view-icon-text elementor-blockquote--button-skin-classic elementor-blockquote--button-color-official elementor-widget elementor-widget-blockquote\" data-id=\"2c9e3b1\" data-element_type=\"widget\" data-widget_type=\"blockquote.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<blockquote class=\"elementor-blockquote\">\n\t\t\t<p class=\"elementor-blockquote__content\">\n\t\t\t\tA #mission #statement is a short statement of an organization's purpose and shows the goal of its operations: what kind of product or service it provides, its primary customers or market, and its geographical region of operation. \t\t\t<\/p>\n\t\t\t\t\t\t\t<div class=\"e-q-footer\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/twitter.com\/intent\/tweet?text=A+%23mission+%23statement+is+a+short+statement+of+an+organization%27s+purpose+and+shows+the+goal+of+its+operations%3A+what+kind+of+product+or+service+it+provides%2C+its+primary+customers+or+market%2C+and+its+geographical+region+of+operation.+&amp;url=https%3A%2F%2Fentrepreneursgateway.com%2Fwp-json%2Fwp%2Fv2%2Fposts%2F7026\" class=\"elementor-blockquote__tweet-button\" target=\"_blank\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fab fa-twitter\"><\/i>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-blockquote__tweet-label\">Tweet<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/blockquote>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-3fda9ef elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3fda9ef\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-ed5268f\" data-id=\"ed5268f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2c041ff elementor-widget elementor-widget-heading\" data-id=\"2c041ff\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Company_History\"><\/span>Company History<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bdb00d4 elementor-widget elementor-widget-text-editor\" data-id=\"bdb00d4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Comic Books Online was formed in February 2017 and began trading in April 2017. Initially, David began selling on eBay as a hobby, with products he already had. He soon realised that for a quick turnaround he would need to purchase more stock. He operates from an old warehouse which has been turned into office space and commandeers the attic which is ideal for the racking that he needs to store the comics in. He is hoping to secure retail store in a more central location and has already made some tentative enquiries.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-92a7c05 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"92a7c05\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c8166e5\" data-id=\"c8166e5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-5e350ae elementor-section-height-min-height elementor-section-content-middle elementor-section-boxed elementor-section-height-default\" data-id=\"5e350ae\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-dd7e139\" data-id=\"dd7e139\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f9a1714 elementor-widget elementor-widget-heading\" data-id=\"f9a1714\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"3_Ecommerce_Business_Plan_Products_Services_Section\"><\/span>#3 Ecommerce Business Plan<br>Products &amp; Services Section<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-51562f9 elementor-widget elementor-widget-text-editor\" data-id=\"51562f9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>The Products and Services section in this ecommerce business plan example needs to be much more than simply a list of what your new business is going to provide.<\/p><p>This is especially important if you\u2019re looking to get funding; so make sure that you showcase the value, the quality, and the benefits of your business.<\/p><p>Ask yourself:<\/p><ul><li>What sets you apart from your competitors?<\/li><li>Why would people buy from you as opposed to your competitors?<\/li><\/ul><p><strong>Here\u2019s the example.<\/strong><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-78fbb6c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"78fbb6c\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-bcc3848\" data-id=\"bcc3848\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-695d38a elementor-widget elementor-widget-heading\" data-id=\"695d38a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Products_and_Services\"><\/span>Products and Services<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6b8e88f elementor-widget elementor-widget-heading\" data-id=\"6b8e88f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Products and Services<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-71ba9cb elementor-widget elementor-widget-text-editor\" data-id=\"71ba9cb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Comic Books Online intends to become the market leader in the sale of games, comics and collectables. Their ethos is to provide reasonably recession-proof products for collectors and hobbyists.<\/p><p><b>Currently the products that they a stock are:<\/b><\/p><ul class=\"ali-bulet-green\"><li>Comics (US comics such as Marvel &amp; DC)<\/li><li>Miniature Wargames &#8211; Games Workshop, Warlord Games, Mantic etc<\/li><li>Board games &#8211; Fantasy Flight, CMON etc<\/li><li>CCG\u2019s \u2013 Magic the Gathering etc<\/li><li>Blu Rays (2nd hand films)<\/li><\/ul><p><b>Products to be added are:<\/b><\/p><ul class=\"ali-bulet-green\"><li>Expansion on the products above<\/li><li>Vinyl records and CD\u2019s (2nd hand)<\/li><li>Retro and current video games<\/li><li>Console hardware\/tablets etc<\/li><\/ul><p>Comic Books Online also plans to launch a series of focused websites within the collecting, hobby games and comic markets. The first will be comicmarket.co.uk. This will be supported by eBay and Amazon sales channels. This will be quickly followed by various individual websites. The idea is that these sites will be closely monitored, modern, easy to navigate and uncluttered. The aim is to provide an improved shopping experience for their customers and combined with the high stock levels, should see the suite of sites becoming the go-to ones within the market place. These sites will combine inventory using multi-channel software to simultaneously list their products across both eBay and Amazon. <\/p><p>Once these sites are up and running a secondary market site will be implemented with an app that allows Comic Books Online to purchase goods from customers to re-sell in the second-hand market. <\/p><p>The final stage is allowing customers and other businesses to list products on the site, in the same way Amazon and Rakuten do. This will provide another income stream and will further increase the market share of the sites.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bde43d8 elementor-widget elementor-widget-heading\" data-id=\"bde43d8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Competitors<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8c385ed elementor-widget elementor-widget-text-editor\" data-id=\"8c385ed\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>There are various competitors that offer similar products to that of Comic Books Online. Those such as Music Magpie and Ziffit use the barcode system, whereby customers can scan the barcodes of the items that they wish to sell, then obtain a price, if they are satisfied with price offered they can then send it off (with free postage) to the specific company. When the item is received payment will then be made to the customer. Customers can buy from Music Magpie as sell. Forbidden Planet has various retail outlets throughout the US as well as online ones and trade in comics, collectables, clothes, books, DVDs, magazines, gaming and toys. A similar company is Retail City which has a retail outlet in Caifornia and is in the process of setting up a website. They retail in comics, graphic novels and action and funky pop vinyl figures. ABC Limited has numerous stores within the US as well as abroad and an online site, and buys and sells tech and entertainment products, phones, video games, DVDs, Blu-ray films, computers, TVs and monitors and CDs. Comic Books Online is always striving to offer the most competitive price on their products across eBay and Amazon webstores.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-946926e elementor-widget elementor-widget-heading\" data-id=\"946926e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Product & Service Development<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-61a3517 elementor-widget elementor-widget-text-editor\" data-id=\"61a3517\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>As mentioned previously Comic Books Online currently sells comics (US comics, Marvel, DC etc), Miniature Wargames (Games Workshop, Warlord Games, Mantic etc), Board games (Fantasy Flight, CMON etc), CCG\u2019s (Magic the Gathering etc) and second-hand Blu Ray films via their eBay store. <\/p><p>Primarily, with funding, David wants to set up a website that details all available products. He is looking at setting up a retails store to carry on the online business, as well as providing a brick and mortar outlet which will act as a regional hub enabling customers to trade in unwanted goods and serve the second-hand market. <\/p><p>In the future, the flagship store will incorporate a large play area to allow Comic Books Online to host events, competitions, and gaming nights. Once the focused websites have been launched, David aims to implement the secondary market site and app, allowing him to purchase goods directly from customers and resell within the second-hand market. This method has been used with great success within the film and music sectors. <\/p><p>The final stage is allowing customers to list their products on the sites, as with Amazon and Rakuten.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dcdaf93 elementor-widget elementor-widget-heading\" data-id=\"dcdaf93\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Sourcing and Fulfillment<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-563326c elementor-widget elementor-widget-text-editor\" data-id=\"563326c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Comic Books Online sources many of their collectables from various distributors. The comics are sourced from a US based company called \u2018Diamond\u2019. The trade discount varies between each distributor but generally is between 35-45% off RRP. Purchases are also from private collectors, auctions and word of mouth. The most time-consuming aspect of the business is the sorting of the comics. The IT system that is used by Comic Books Online is called \u2018Seller Dynamics\u2019 which is a multi-listing tool. An item can be listed and cross-sold through Amazon and eBay and it incorporates shipping, combined orders and returns. A percentage of the turnover is charged, which David says is 1% at present.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-89a1f98 elementor-widget elementor-widget-heading\" data-id=\"89a1f98\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Technology<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b61c14c elementor-widget elementor-widget-text-editor\" data-id=\"b61c14c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Comic Books Online currently sells products via their eBay store which processes payments online. A company website is being researched at present, where shoppers will be able to buy and sell online and if a retail outlet is secured, offline payments will be available too.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8db225f elementor-widget elementor-widget-heading\" data-id=\"8db225f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Intellectual Property<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-34bea65 elementor-widget elementor-widget-text-editor\" data-id=\"34bea65\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>David has not yet trademarked the brand. The data and app for second hand goods and pricing will be similar to IP and could have worth in the future.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-577dd3c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"577dd3c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-bf9cde1\" data-id=\"bf9cde1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-890462b elementor-section-height-min-height elementor-section-content-middle elementor-section-boxed elementor-section-height-default\" data-id=\"890462b\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-d5ff7a8\" data-id=\"d5ff7a8\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a7d68cc elementor-widget elementor-widget-heading\" data-id=\"a7d68cc\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"4_Ecommerce_Business_Plan_Situation_Market_Analysis_Section\"><\/span>#4 Ecommerce Business \nPlan<br> Situation & Market Analysis Section\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-919ad16 elementor-widget elementor-widget-text-editor\" data-id=\"919ad16\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>This section of a business plan is very often glossed over because, more often than not, the business owner is so involved within their business, that it doesn\u2019t occur to them that they can learn something by writing this down!<\/p><p><span style=\"font-size: 18pt;\">This section is one of the most important aspects of your ecommerce marketing plan.<\/span><\/p><p>In fact, it defines where you currently are in terms of your market, product, customers, and competition. It also allows you to look at both internal and external factors and to review and document the strengths and weaknesses of your business, as well as identifying any opportunities and threats within your marketplace.<\/p><p>It can include:<\/p><ul><li>Market Overview<\/li><li>Market Needs<\/li><li>Market Trends<\/li><li>Market Growth<\/li><li>Industry Analysis<\/li><li>Key Customers<\/li><li>SWOT analysis<\/li><\/ul><p><strong>Here\u2019s the example.<\/strong><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4fce4b0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4fce4b0\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c653c85\" data-id=\"c653c85\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3c6c55b elementor-blockquote--skin-border elementor-blockquote--button-view-icon-text elementor-blockquote--button-skin-classic elementor-blockquote--button-color-official elementor-widget elementor-widget-blockquote\" data-id=\"3c6c55b\" data-element_type=\"widget\" data-widget_type=\"blockquote.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<blockquote class=\"elementor-blockquote\">\n\t\t\t<p class=\"elementor-blockquote__content\">\n\t\t\t\tYour #Market #Analysis section of a business plan is one of the most important aspects of your marketing plan. It defines where you are currently in terms of your market, product, customer, and competition. Check out this example in our #Ecommerce #BusinessPlan! \t\t\t<\/p>\n\t\t\t\t\t\t\t<div class=\"e-q-footer\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/twitter.com\/intent\/tweet?text=Your+%23Market+%23Analysis+section+of+a+business+plan+is+one+of+the+most+important+aspects+of+your+marketing+plan.+It+defines+where+you+are+currently+in+terms+of+your+market%2C+product%2C+customer%2C+and+competition.+Check+out+this+example+in+our+%23Ecommerce+%23BusinessPlan%21+&amp;url=https%3A%2F%2Fentrepreneursgateway.com%2Fwp-json%2Fwp%2Fv2%2Fposts%2F7026\" class=\"elementor-blockquote__tweet-button\" target=\"_blank\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fab fa-twitter\"><\/i>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-blockquote__tweet-label\">Tweet<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/blockquote>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f6350b4 elementor-widget elementor-widget-heading\" data-id=\"f6350b4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Target_Market\"><\/span>Target Market<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1e18382 elementor-widget elementor-widget-heading\" data-id=\"1e18382\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Market Overview<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-83d00ad elementor-widget elementor-widget-text-editor\" data-id=\"83d00ad\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Comic book collecting is a hobby that views comic books and other such related items as collectables or artwork to be sought and preserved. There are many reasons why comics are collected, including appreciation, nostalgia, financial profit and to complete a collection. It is more recent than the collecting of postage stamps and has a major following around the world today. Combined with the release of many films featuring heroes\/villains from Marvel and DC comics popularity has increased considerably over the last few years. Comic Books Online aims to appeal to males aged 10-55 years and hopes that with the correct presentation and marketing the products could also appeal to the female generation.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7abb616 elementor-widget elementor-widget-heading\" data-id=\"7abb616\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Market Needs<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8dff5b9 elementor-widget elementor-widget-text-editor\" data-id=\"8dff5b9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Comic Books Online aims to provide a vastly improved shopping experience which combined with the high levels of stock and competitive prices should result in their suite of sites becoming the go-to ones within the specific marketplace. The sites will be tightly focused, modern, easy to navigate and uncluttered which can only enhance the shopping experience. Both new and pre-owned high-quality products will be offered, together with a competitive margin and excellent service. Comic Books Online sees price as the primary determining factor for purchases followed by customer service and delivery times. In the future as well as a retail outlet, Comic Books Online aims to allow customers and other businesses to list products on the sites, in the same vein as Amazon and Rakuten.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-41c7710 elementor-widget elementor-widget-heading\" data-id=\"41c7710\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Market Trends<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5f51c8e elementor-widget elementor-widget-text-editor\" data-id=\"5f51c8e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>The act of collecting, will never change but the trends on what may be collected can be affected by various factors. The line of business is continually evolving with media and modern technology having an effect. An example could be the upward trend in collectables of Lord of the Rings, boosted with the release of all the films. An ever-changing entity is the games console, e.g. the ps3 &amp; 4s. <\/p><p>By offering such a varied and unique service to their customers, Comic Books Online is able to offer a bespoke service to their customers. What is trending may not be what the customer is looking for, meaning that they are able to diversify between the individual requirements of their customer and the current trend.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-93e0066 elementor-widget elementor-widget-heading\" data-id=\"93e0066\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Market Growth<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ab8cabb elementor-widget elementor-widget-text-editor\" data-id=\"ab8cabb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>As can be seen in the table below, the market in all areas is showing a healthy year on year growth, a trend which looks set to continue for the foreseeable future. Some sectors are undergoing somewhat of a boom at present, such as board games, comics based on characters from current films and TV shows and miniature games, with the largest manufacturer in the wold \u2013 Games Shop seeing record share prices and dividends to investors. In short, the market is extremely buoyant and to a certain extent has traditionally been somewhat recession resistant.\n<\/p><p><strong><em>Market Segment \u2013 Growth per year<\/em><\/strong><\/p>\n<ul class=\"ali-bulet-green\">\n<li>Comics 11%<\/li>\n<li>Wargames 9%<\/li>\n<li>DVD and Blu Ray 7%<\/li>\n<li>Video games 16%<\/li>\n<li>Total 43%<\/li>\n<\/ul>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5c72dbe elementor-widget elementor-widget-heading\" data-id=\"5c72dbe\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Industry Analysis<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9710a62 elementor-widget elementor-widget-text-editor\" data-id=\"9710a62\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Comic Books Online is in the retail business, focusing on high margin collectables, hobbyists and gamers. Nowadays, more businesses are selling online and using social media, Comic Books Online\u2019s business is conducted via web based platforms both primary and third party. Price can be a major factor for a customer when making their buying decision and Comic Books Online aims to be the most competitively priced on products across eBay, Amazon and Webstore.<\/p><p>Comic Books Online stocks a very wide and varied selection of products that are sourced from different areas, such as Diamond, auctions and private collectors. In the future, the company aims to host events, competitions and gaming nights and incorporate a regional hub to enable customers to trade in unwanted goods to serve the second-hand market.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2cc511a elementor-widget elementor-widget-heading\" data-id=\"2cc511a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Key Customers<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cf329e5 elementor-widget elementor-widget-text-editor\" data-id=\"cf329e5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>As mentioned previously, the customer age group for the business will be mainly males aged between 10-55 years. Comic Books Online also aims to market and present their products in such a way that the current female market may grow accordingly and feel that this is a market share they could dominate.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f721624 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f721624\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-19f9d2b\" data-id=\"19f9d2b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-41cc123 elementor-widget elementor-widget-heading\" data-id=\"41cc123\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"SWOT_Analysis\"><\/span>SWOT Analysis<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-440d012 elementor-widget elementor-widget-heading\" data-id=\"440d012\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Strengths<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dc935db elementor-widget elementor-widget-text-editor\" data-id=\"dc935db\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Comic Books Online\u2019s greatest strength is being able to offer a flexible line of business and combined with the launch of a series of focused websites within the collecting community will ensure a vastly improved shopping experience the most for customers.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4111fbb elementor-widget elementor-widget-heading\" data-id=\"4111fbb\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Weaknesses<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-08e5c83 elementor-widget elementor-widget-text-editor\" data-id=\"08e5c83\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Comic Books Online is a new company in a fairly competitive business. Having low levels of free capital means that purchasing job lots could be difficult, limiting the current scale.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d96dd9c elementor-widget elementor-widget-heading\" data-id=\"d96dd9c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Opportunities<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ff97daf elementor-widget elementor-widget-text-editor\" data-id=\"ff97daf\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>The most promising opportunity will be the cross-selling that will be generated from the launch of the focused websites. When a retail outlet is established this will enable Comic Books Online to broaden the line of business and expand their products.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3feadea elementor-widget elementor-widget-heading\" data-id=\"3feadea\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Threats<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c87a67f elementor-widget elementor-widget-text-editor\" data-id=\"c87a67f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Possible threats that could affect Comic Books Online are the restrictive lines of business due to the lack of a retail outlet and not having the free capital to purchase job lots in order to expand stock.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-938dba5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"938dba5\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ed359c9\" data-id=\"ed359c9\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-7898bc6 elementor-section-height-min-height elementor-section-content-middle elementor-section-boxed elementor-section-height-default\" data-id=\"7898bc6\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-3dfb583\" data-id=\"3dfb583\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fa76663 elementor-widget elementor-widget-heading\" data-id=\"fa76663\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"5_Ecommerce_Business_Plan_Marketing_Strategy_Implementation_Section\"><\/span>#5 Ecommerce Business \nPlan <br>Marketing Strategy &amp; Implementation Section\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-a253f85 elementor-widget elementor-widget-text-editor\" data-id=\"a253f85\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><span style=\"font-size: 18pt;\">The marketing strategy section of your ecommerce business plan describes who your customers are going to be and how you plan to communicate to them the services or goods you are offering.<\/span><\/p><p>If your potential customers are not made aware of your business, you are not going to stay in business for very long!<\/p><p>Defining a marketing strategy in your business plan highlights your understanding and knowledge and emphasizes what makes your business concept compelling. It also outlines how you plan to attract and maintain a customer\/client base.<\/p><p>Ask yourself:<\/p><ul><li>How are you planning to advertise to your market?<\/li><li>What is your competitive edge?<\/li><li>What is your sales strategy?<\/li><\/ul><p><strong>So, without further ado\u2026<\/strong><\/p><p><strong>Let\u2019s look at this example.<\/strong><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e7cb01d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e7cb01d\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-77af879\" data-id=\"77af879\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-87183f4 elementor-widget elementor-widget-heading\" data-id=\"87183f4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Strategy_and_Implementation\"><\/span>Strategy and Implementation<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4650c6b elementor-widget elementor-widget-heading\" data-id=\"4650c6b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Marketing<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0b61bd2 elementor-widget elementor-widget-text-editor\" data-id=\"0b61bd2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Comic Books Online\u2019s ideal customers are those who are collectors of games, comics and hobby games. Although, there are other competitors both on and offline, Comic Books online will stand out because of the focused websites that they will be creating. It will enable the customer to find exactly what they want in a quick and stress-free manner.<\/p><p>The marketing strategy to promote Comic Books Online will include: flyers in each of their eBay and Amazon sales, to nudge the customer over to their focused websites with coupon offers etc to encourage direct shopping, press adverts within specialised magazines, Facebook and social media presence, flyer distribution and convention presence. When Comic Books Online has secured a retail outlet, the high street presence will not only help grow the brand and provide name recognition, but it will act as a regional hub for customers to trade unwanted goods to service the second-hand market. The flagship store will have a large play area where events can be hosted along with competitions and game nights.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7fb1105 elementor-widget elementor-widget-heading\" data-id=\"7fb1105\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Milestones<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e4a00f1 elementor-widget elementor-widget-text-editor\" data-id=\"e4a00f1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Comic Books Online is in the process of deciding whether to purchase a website \u2018off the shelf\u2019 from an eCommerce company called VisualSoft at the cost of approximately $15,000 or to employ a coder who will be able to design one from scratch, build it up and keep it maintained (with an approximate wage of $30-40K per annum).<\/p><p>The \u2018off the shelf\u2019 website would take approximately three months to go live. An initial payment is made up front, followed by instalments before the website goes live. It does have a back-end content system which can be integrated with Seller Dynamics which is the IT system that is currently used.<\/p><p>With the first round of funding David would like to open a retail store. He has made some tentative enquiries and has seen one based on the outskirts of California which is 3,000 square foot with twelve parking spaces. The rental is $40,000 per annum, the rent for the current premises is $1,000 per month.<\/p><p>Six-month forecast \u2013 Looking ahead Comic Books online would like to employ more staff members. These staff would work on the shop floor as well as process the online orders.<\/p><p>Looking ahead to twelve months, David hopes to have a system\/app whereby a customer who wishes to sell something to Comic Books Online, can simply scan the barcode, which will then notify them what price will be paid for said item, if accepted they then send out the item to David, who then makes the payment upon receipt of the item. An approximate costing for this app would be in the region of about $100,000.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6c1dc5b elementor-widget elementor-widget-heading\" data-id=\"6c1dc5b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Competitive Edge<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-18a799b elementor-widget elementor-widget-text-editor\" data-id=\"18a799b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Comic Books Online\u2019s competitors are other suppliers of collectables both on and offline. Comic Books Online\u2019s flexibility means that they are able to build a varied product base and are able to move with the trends within the collectable market. Having free capital available means that they will be able to purchase collectors jobs in a whole variety of areas along with buying in multiple job lots.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e32a4eb elementor-widget elementor-widget-heading\" data-id=\"e32a4eb\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Promotional Activities<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6c499da elementor-widget elementor-widget-text-editor\" data-id=\"6c499da\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Comic Books Online\u2019s promotional activity will focus on driving customers to the direct websites via third party platforms. They will use a variety of methods to market to their customers including websites, social media, magazine advertising, flyers, convention presence and email campaigns and promotional offers.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5955b20 elementor-widget elementor-widget-heading\" data-id=\"5955b20\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Sales Administration<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d5b087d elementor-widget elementor-widget-text-editor\" data-id=\"d5b087d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Comic Books Online aims to change the way in which customers shop for their collectables. They want to create a series of focused websites so that their customers are able to source exactly what they are looking for quickly and easily. A no quibble money back guarantee is offered and Comic Books online has excellent eBay feedback of over 25,000.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-598f4a7 elementor-widget elementor-widget-heading\" data-id=\"598f4a7\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Sales Plan<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0b5ef76 elementor-widget elementor-widget-text-editor\" data-id=\"0b5ef76\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Comic Books Online sales work at present online and when a retail outlet is secured also offline.<\/p><p>Online \u2013 A series of focused websites will be created whereby customers can browse in the collectable area that they are interested in. In the future, if customers have items that they wish to sell to Comic Books Online, they will simply download the designated app and scan in the barcode of what they want to sell. An offer price will then be sent to them. If it is satisfactory, they will send off the item and, once it is received, payment will be made.<\/p><p>Offline \u2013 The retail outlet will act as a regional hub so customers are able to physically bring in the items that they wish to trade in to serve the second-hand market. The online business will also be based here and the aim is to host events, competitions, and gaming nights.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-594e9e7 elementor-widget elementor-widget-heading\" data-id=\"594e9e7\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Strategic Alliances<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1ebd088 elementor-widget elementor-widget-text-editor\" data-id=\"1ebd088\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Comic Books online does not have any strategic alliances.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0023306 elementor-widget elementor-widget-heading\" data-id=\"0023306\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Exit Strategy<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-99b04ce elementor-widget elementor-widget-text-editor\" data-id=\"99b04ce\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Comic Books Online expects to take the company public in approx. 5 years.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-bfe024a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"bfe024a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3abcc70\" data-id=\"3abcc70\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-2332ede elementor-section-height-min-height elementor-section-content-middle elementor-section-boxed elementor-section-height-default\" data-id=\"2332ede\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-68da97f\" data-id=\"68da97f\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-29b93c2 elementor-widget elementor-widget-heading\" data-id=\"29b93c2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"6_Ecommerce_Business_Plan_Financial_Section\"><\/span>#6 Ecommerce Business Plan<br>\nFinancial Section\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-bd7b65c elementor-widget elementor-widget-text-editor\" data-id=\"bd7b65c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Ensuring that you have a COMPLETE financial plan within your business plan will DOUBLE your chances of investment as well as the future growth of your business.<\/p><p>A lot of small businesses don\u2019t have a financial plan and it\u2019s essential to your long-term success and business growth.<\/p><p>We\u2019ve listed here the key elements you need to have in a successful financial section:<\/p><ul><li><b>Initial Start Up Expenses <\/b>\u2013 Especially if this is a start-up idea, it\u2019s essential that you have a description of what you need for investment purposes.<\/li><li><b>Sales Forecast <\/b>\u2013 It\u2019s essential to have an estimate of your monthly sales revenue as well as annual. This helps you understand your business and plan out any marketing and growth strategies.<\/li><li><b>Direct cost of sales <\/b>\u2013 Measures the amount of cash the company will have to spend to produce the goods or services sold by the company. The direct cost of sales only includes the expenses directly associated to production.<\/li><li><b>Profit and Loss Forecast <\/b>\u2013 This is a statement summarizing the revenues, costs and expenses incurred during a specific period.<\/li><li><b>Balance Sheet <\/b>\u2013 This is the financial position of the company and states its assets, liabilities and owners\u2019 equity at a particular point in time. It illustrates the business\u2019s net worth.<\/li><li><b>Loan Repayment <\/b>\u2013 This shows the lender or potential investor the act of paying back any monies.<\/li><\/ul><p><strong>So\u2026 Are you ready to look at some figures?<\/strong><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-287547d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"287547d\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7aac4c8\" data-id=\"7aac4c8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6e4849b elementor-widget elementor-widget-heading\" data-id=\"6e4849b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Financial_Summary_-_Gross_Takings\"><\/span>Financial Summary - Gross Takings<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b107d0e elementor-widget elementor-widget-heading\" data-id=\"b107d0e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Year Ended 31st March 2018<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fb19cb8 elementor-widget elementor-widget-image\" data-id=\"fb19cb8\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"936\" height=\"52\" src=\"https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-04.jpg\" class=\"attachment-large size-large wp-image-7031\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-04.jpg 936w, https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-04-300x17.jpg 300w, https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-04-768x43.jpg 768w\" sizes=\"(max-width: 936px) 100vw, 936px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bcd0a43 elementor-widget elementor-widget-image\" data-id=\"bcd0a43\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"935\" height=\"408\" src=\"https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-05.jpg\" class=\"attachment-large size-large wp-image-7032\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-05.jpg 935w, https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-05-300x131.jpg 300w, https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-05-768x335.jpg 768w\" sizes=\"(max-width: 935px) 100vw, 935px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f7a2c86 elementor-blockquote--skin-border elementor-blockquote--button-view-icon-text elementor-blockquote--button-skin-classic elementor-blockquote--button-color-official elementor-widget elementor-widget-blockquote\" data-id=\"f7a2c86\" data-element_type=\"widget\" data-widget_type=\"blockquote.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<blockquote class=\"elementor-blockquote\">\n\t\t\t<p class=\"elementor-blockquote__content\">\n\t\t\t\tEnsuring that you have a COMPLETE #financial #plan within your business plan will DOUBLE your chances of #investment and future growth of your business.\t\t\t<\/p>\n\t\t\t\t\t\t\t<div class=\"e-q-footer\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/twitter.com\/intent\/tweet?text=Ensuring+that+you+have+a+COMPLETE+%23financial+%23plan+within+your+business+plan+will+DOUBLE+your+chances+of+%23investment+and+future+growth+of+your+business.&amp;url=https%3A%2F%2Fentrepreneursgateway.com%2Fwp-json%2Fwp%2Fv2%2Fposts%2F7026\" class=\"elementor-blockquote__tweet-button\" target=\"_blank\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fab fa-twitter\"><\/i>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-blockquote__tweet-label\">Tweet<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/blockquote>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2dbadf7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2dbadf7\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6f6df51\" data-id=\"6f6df51\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8490861 elementor-widget elementor-widget-heading\" data-id=\"8490861\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Gross_Takings\"><\/span>Gross Takings<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7c638cd elementor-widget elementor-widget-heading\" data-id=\"7c638cd\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Year Ended 31st March 2019<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f3a8de3 elementor-widget elementor-widget-image\" data-id=\"f3a8de3\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"933\" height=\"49\" src=\"https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-06.jpg\" class=\"attachment-large size-large wp-image-7033\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-06.jpg 933w, https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-06-300x16.jpg 300w, https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-06-768x40.jpg 768w\" sizes=\"(max-width: 933px) 100vw, 933px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ea23311 elementor-widget elementor-widget-image\" data-id=\"ea23311\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"926\" height=\"413\" src=\"https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-07.jpg\" class=\"attachment-large size-large wp-image-7034\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-07.jpg 926w, https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-07-300x134.jpg 300w, https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-07-768x343.jpg 768w\" sizes=\"(max-width: 926px) 100vw, 926px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-caa50e1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"caa50e1\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f4003cd\" data-id=\"f4003cd\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-11896be elementor-widget elementor-widget-heading\" data-id=\"11896be\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Gross_Takings-2\"><\/span>Gross Takings<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6c4d311 elementor-widget elementor-widget-heading\" data-id=\"6c4d311\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Year Ended 31st March 2020<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-82daefb elementor-widget elementor-widget-image\" data-id=\"82daefb\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"937\" height=\"50\" src=\"https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-08.jpg\" class=\"attachment-large size-large wp-image-7035\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-08.jpg 937w, https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-08-300x16.jpg 300w, https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-08-768x41.jpg 768w\" sizes=\"(max-width: 937px) 100vw, 937px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-883a834 elementor-widget elementor-widget-image\" data-id=\"883a834\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"936\" height=\"377\" src=\"https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-09.jpg\" class=\"attachment-large size-large wp-image-7036\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-09.jpg 936w, https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-09-300x121.jpg 300w, https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-09-768x309.jpg 768w\" sizes=\"(max-width: 936px) 100vw, 936px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2669d4d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2669d4d\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5757523\" data-id=\"5757523\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f4b20be elementor-widget elementor-widget-heading\" data-id=\"f4b20be\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Profit_Loss\"><\/span>Profit & Loss<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7a2a69b elementor-widget elementor-widget-heading\" data-id=\"7a2a69b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Year 2018 -2020<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8ffba30 elementor-widget elementor-widget-image\" data-id=\"8ffba30\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"935\" height=\"58\" src=\"https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-010.jpg\" class=\"attachment-large size-large wp-image-7037\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-010.jpg 935w, https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-010-300x19.jpg 300w, https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-010-768x48.jpg 768w\" sizes=\"(max-width: 935px) 100vw, 935px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1ed3bcd elementor-widget elementor-widget-image\" data-id=\"1ed3bcd\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"935\" height=\"405\" src=\"https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-011.jpg\" class=\"attachment-large size-large wp-image-7038\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-011.jpg 935w, https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-011-300x130.jpg 300w, https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/EN-BP-img-011-768x333.jpg 768w\" sizes=\"(max-width: 935px) 100vw, 935px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3663554 elementor-widget elementor-widget-text-editor\" data-id=\"3663554\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3e834fc elementor-widget elementor-widget-text-editor\" data-id=\"3e834fc\" data-element_type=\"text-editor.default\">\n<div class=\"elementor-widget-container\">\n<div class=\"elementor-text-editor elementor-clearfix\">\n\nLooking for more inspiration? Why not take a look through our other business plan examples:<\/div>\n\n&nbsp;\n<ol>\n \t<li><a href=\"https:\/\/entrepreneursgateway.com\/business-plan-bakery\/\">Bakery Business Plan sample<\/a><\/li>\n \t<li><a href=\"https:\/\/entrepreneursgateway.com\/business-plan-bar-restaurant\/\">Bar &amp; Restaurant Business Plan sample<\/a><\/li>\n \t<li><a href=\"https:\/\/entrepreneursgateway.com\/business-plan-medical-center\/\">Medical Center Business Plan sample<\/a><\/li>\n \t<li><a href=\"https:\/\/entrepreneursgateway.com\/business-plan-outdoor-activity\/\">Outdoor Activity Business Plan sample<\/a><\/li>\n \t<li><a href=\"https:\/\/entrepreneursgateway.com\/business-plan-advertising-agency\/\">Advertising Agency Business Plan sample<\/a><\/li>\n \t<li><a href=\"https:\/\/entrepreneursgateway.com\/business-plan-boutique\/\">Boutique Business Plan sample<\/a><\/li>\n \t<li><a href=\"https:\/\/entrepreneursgateway.com\/business-plan-real-estate\/\">Real Estate Business Plan Sample<\/a><\/li>\n<\/ol>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"elementor-element elementor-element-1a9aaa2 elementor-widget elementor-widget-text-editor\" data-id=\"1a9aaa2\" data-element_type=\"text-editor.default\">\n<div class=\"elementor-widget-container\">\n<div class=\"elementor-text-editor elementor-clearfix\">\n<h4><strong>Additional Resources:<\/strong><\/h4>\nTo help you even further in creating your business plan, why not check out the following articles? They will help you write the perfect plan to impress:<\/div>\n&nbsp;\n<ul>\n \t<li class=\"p1\"><a href=\"https:\/\/entrepreneursgateway.com\/business-plan-common-mistakes-to-avoid\/\">40 Common Business Plan Mistakes to Avoid when Writing your Plan<\/a><\/li>\n \t<li class=\"p1\"><a href=\"https:\/\/entrepreneursgateway.com\/what-is-a-business-plan\/\">What is a Business plan and why do you need one?<\/a><\/li>\n \t<li class=\"p1\"><a href=\"https:\/\/entrepreneursgateway.com\/business-plan-business-proposal\/\">How to Write a Business Proposal in 5 Easy Steps<\/a><\/li>\n \t<li class=\"p1\"><a href=\"https:\/\/entrepreneursgateway.com\/business-plan-name-generator-tools\/\">10 FREE Business Name Generator Tools to find your perfect business name<\/a><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-29e2453e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"29e2453e\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-57c09a64\" data-id=\"57c09a64\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-62ab1388 elementor-view-framed elementor-shape-circle elementor-widget elementor-widget-icon\" data-id=\"62ab1388\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t\t\t\t\t<i class=\"fa fa-hand-o-down\" aria-hidden=\"true\"><\/i>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-65990c25 elementor-widget elementor-widget-heading\" data-id=\"65990c25\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Now, over to you...<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7ffa675d elementor-widget elementor-widget-text-editor\" data-id=\"7ffa675d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Now I&#8217;d love to hear from you:<\/p><p>Are you going to start up your own ecommerce store or have you recently written a business plan?<\/p><p>We\u2019d love to know what you thought about our ecommerce business plan example.<\/p><p>Feel free to leave any comments below and I will be sure to answer them as soon as they come in.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p><strong>An ecommerce business plan will be your roadmap for running your online business. Are you ready?<\/strong><\/p>\n<p>This example will teach you everything there is to know to <strong>write your plan with confidence!<\/strong><\/p>\n<p>If you&#8217;re serious about starting an online store, <strong>you&#8217;ll definitely benefit from reading this. Ready?<\/strong><\/p>\n","protected":false},"author":9,"featured_media":7232,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"generate_page_header":""},"categories":[2],"tags":[25],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.2.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to write an Ecommerce Business Plan (Step by step) Guide - Entrepreneurs Gateway<\/title>\n<meta name=\"description\" content=\"Create the perfect Ecommerce Business Plan. Achieve &amp; exceed your professional goals. All you need to map out an award winning business plan\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/entrepreneursgateway.com\/business-plan-ecommerce\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to write an Ecommerce Business Plan (Step by step) Guide - Entrepreneurs Gateway\" \/>\n<meta property=\"og:description\" content=\"Create the perfect Ecommerce Business Plan. Achieve &amp; exceed your professional goals. All you need to map out an award winning business plan\" \/>\n<meta property=\"og:url\" content=\"https:\/\/entrepreneursgateway.com\/business-plan-ecommerce\/\" \/>\n<meta property=\"og:site_name\" content=\"Entrepreneurs Gateway\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/entrepreneursgateway1\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-31T00:00:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-03-27T13:12:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/entrepreneursgateway.com\/wp-content\/uploads\/2018\/10\/BP-f-image-85opt.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"534\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"EntrepreneursGateway.com Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@EGMEMBERS\" \/>\n<meta name=\"twitter:site\" content=\"@EGMEMBERS\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"EntrepreneursGateway.com Team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"23 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/entrepreneursgateway.com\/business-plan-ecommerce\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/entrepreneursgateway.com\/business-plan-ecommerce\/\"},\"author\":{\"name\":\"EntrepreneursGateway.com Team\",\"@id\":\"https:\/\/entrepreneursgateway.com\/#\/schema\/person\/13983710051e5b92688b6cddf284584d\"},\"headline\":\"How to write an Ecommerce Business Plan (Step by step) Guide\",\"datePublished\":\"2018-10-31T00:00:48+00:00\",\"dateModified\":\"2019-03-27T13:12:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/entrepreneursgateway.com\/business-plan-ecommerce\/\"},\"wordCount\":4614,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/entrepreneursgateway.com\/#organization\"},\"keywords\":[\"Starting a Business\"],\"articleSection\":[\"STARTING A BUSINESS\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/entrepreneursgateway.com\/business-plan-ecommerce\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/entrepreneursgateway.com\/business-plan-ecommerce\/\",\"url\":\"https:\/\/entrepreneursgateway.com\/business-plan-ecommerce\/\",\"name\":\"How to write an Ecommerce Business Plan (Step by step) Guide - Entrepreneurs Gateway\",\"isPartOf\":{\"@id\":\"https:\/\/entrepreneursgateway.com\/#website\"},\"datePublished\":\"2018-10-31T00:00:48+00:00\",\"dateModified\":\"2019-03-27T13:12:01+00:00\",\"description\":\"Create the perfect Ecommerce Business Plan. 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