Today e-commerce is one of the quickest growing business lines, more and more people are shopping online, and this trend is increasing every year. If you want to start your online store, but don’t know in which direction to choose, online clothing store business plan is a win-win option. For starting online sales, you don’t need significant investments — make a high-quality trading platform on the Internet, find suppliers, and of course, follow the trends in the fashion industry.
For retail stores, our template will also be useful — sales forecasts, in this case, are based on marketing leads, and not on walking traffic. Conversion rate depends on the usability of your site, adequately configured sales funnel, and additional service. But like any other e-commerce business, it requires financial calculations and management reporting.
Our online clothing financial plan contains all types of reports and calculations, especially useful for operational management and presentation to investors. You will be able to enter and adjust the input data independently, and our template will do all the calculations.
You will initially understand how much and when your business will bring money and, depending on this, plan a development strategy. You will be able to devote the maximum amount of time to promote your online platform and follow the new trends in e-commerce, with its ever-increasing competition.
It is a very profitable business, and with the help of our clothing boutique business plan outline, you can start it right now.
Online Clothing Store Financial Plan Template Will Help You
- Schedule your Startup Loan repayments
- Make a complaint, 5-year Cost Assumptions Plan
- Forecast Salaries and Wages for your personnel
- Calculate break-even point and return on investment
- Choose one of 161 currencies for settlements
- Build a market size forecast for 5 years
- Set up a market share rate of total market size
- Define traffic conversion into shoppers
- Create Sales Mix assumption plan
- Analyze (and adjust to) Seasonality Trends
Benefits of using a Online Clothing Store Financial Plan Excel Template
Save Time and Money
Excel-Financial-Model allows you to start planning with minimum fuss and maximum of help. No writing formulas, no formatting, no programming, no charting, and no expensive external consultants. Plan the growth of your business instead of fiddling around with expensive techy things.
Graphical visualization in a convenient dashboard all in one
All necessary reports and calculations, including variable data for your easement, are displayed on a convenient dashboard. You do not need to move between sheets to compare important data - everything is visible immediately.
We do the math
Have all the features above ready with no formulas writing, no formatting, no programming, no charting, and no expensive external consultants! Concentrate on the task of planning rather than programming.
Key Metrics Analysis
Creates 5-year financial projections, proforma, financial statements, and financial ratios in GAAP or IFRS formats on the fly.
Great Value for Money
Use a robust and proven financial model based on years of experience at an affordable price. This template has a one-off payment of $79 and absolutely no hidden fees or monthly payments. Your other options? Hiring an financial analyst and pay starting from $30 per hour up to hundreds.
Market Share Approach
To ensure longevity and profitability of your Online Clothing Store business, you need to focus on - the price of your products, and that’s up to you to decide. And the number of visitors. That’s where we can help you! The model is following a Market Share approach and gives you a clear Online Clothing Store visitors estimation.
Repeat Customer Forecast
Online Clothing Store businesses often have large, repeat customer pool. And we’re sure, most people won’t be able to resist the desire to try your delicious products over and over again. Online Clothing Store Business Plan Template takes into account repeat customers and gives you a clear repeat customer estimation.
You can easily adjust inputs at the launch stage and throughout the further activities of your store to refine your forecast.
Online Clothing Store Financial Plan Excel Template Reports
Build your plan and pitch for funding
Impress bankers and investors with a proven, solid financial model that impresses every time.
For your Online Clothing Store business plan you will receive the main financial tables in the form of graphs for 2 years and 5 years - revenue breakdown, cash balance, operating cash flow, EBITDA, EBIT.
Loan Amortization Schedule
You can find this in the “Capital” tab, where you can see internal calculations of the loans, interest, and equity.
It shows the owner and investors where the funds have been invested, what property the business has, what obligations it has and the value of the company as a whole.
Profit and Loss Statement
It indicates how much an enterprise earns, its income and expenses and its ability to gain money.
Cash Flow Statement
It is one of the most important reports because the main goal of each business is to generate cash flow. It shows how much you have consolidated money, how much is not enough when you need to attract additional financing.
Сomparison of performance indicators in the model and in the industry.
Break-even point calculation
This indicator is calculated at the begin of each startup for understanding whether it is appropriate for doing this kind of business. It shows what revenue should be to cover all the costs of doing business, including taxes. When it is reached, the company begins to bring in profits, which means that the investments made in the startup start to pay off.
You will receive all the data necessary for the investors. The weighted average cost of capital shows the minimum return on enterprise funds invested in its activities capital. Free cash flow is cash flow available to all investors, including shareholders and creditors. Discounted cash is the value of future cash flows in relation to the current time.
Top Revenue Category Report
It always happens in retail that some products sell better than others, some bring more profit, others less, and some bring nothing at all. In a Online Clothing Store, where you have to work with goods with a short shelf life, it is very important to monitor the indicator of the cost of sales in the context of goods. The report is built for 5 products (or product categories) but if you wish, you can expand it yourself or with our professional help. Top revenue, revenue depth, and revenue bridge are reflected here.
Shareholder’s ownership dilution is calculated here. This tab consists of 4 rounds of financing.
Works for startups
Creates a financial summary formatted for your pitch deck.