Business Plan

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Category: Business and Industry

Date Submitted: 07/14/2014 12:09 PM

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4 STARS ELECTRONICS

I. Executive Summary

Statement of Purpose.

This business plan has been developed by four partners of 4 Stars Electronics to

obtain a $220,000 loan for the set-up and operation of an electronics retail

business. This plan will serve as the outline for the financial and operational

framework for the first five years of its operation.

The four partners are Esther Aaron, Terisha Joseph, Albert Slusher and Dorothy

Marshall who will invest $80,000 each which will result in a capital investment of

$300,000. Additionally, we will invite four investors to invest an amount of

$280,000 which will be an amount of $70,000 per investor. The additional

$220,000 will be borrowed from the bank.

Total start-up costs $405,000

Add: Principle payments 859

Add: Beginning cash on hand 394,141

Total Start-up Capital $800,000

Four Stars Electronics

Four Stars Electronics will be an electronics retail business offering all the top

brands of electronics and the best customer and after-sale service in Antigua and

Barbuda and the Eastern Caribbean.

Four Stars Electronics will be a limited partnership of four industry professionals,

with a combined total of over 20 years in the electronics retail business,

management and customer service. The goal of the operation is to be the

premiere source for the best electronics and accessories in Antigua and Barbuda

and the Eastern Caribbean.

From research done the future in this business looks very promising even in this

economic climate. With technology growing by leaps and bounds and the industry continue to

see new innovations and inventions every second this will have a very positive

impact in the area of electronics.

The grand opening of Four...