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Mobile Phone Shop Business Plan

Create a winning business plan for your start-up mobile phone shop business in no time at all with this exclusive online planning system. This £3bn industry employs over 15,000 people in the UK with companies reporting an annual growth of 18%.

The plan is developed specifically for franchised mobile phone shops, cell phone stores or simply concessions in service stations, department stores or other third-party outlets. The plan is easy to adapt for your venture because the primary document is Microsoft Word-based, with the finances in Excel.

The Executive Summary of This Business Plan

This summary is taken directly from the Mobile Phone Shop business plan that you can download online below.

Company Summary

SimBiz Trading has been incorporated to develop and run a new mobile phone shop on a busy high street. Currently, there is no independent store offering this service. Being first to market will provide a high return for our venture.

Competitive Market Place

The local environment is vibrant, and although we represent all the main networks, SimBiz has seen an opportunity for a gap in the market as no independent operator exists. We aim to offer personal and business products on contract and Pay As You Go (PAYG) tariffs for smartphones and tablet computers.

The closest competitor is 6.2 miles from our proposed store location but doesn’t sell the full network range. We’ll operate seven days a week during usual shopping hours to take advantage of weekend shoppers.

Core Product Services

Our shop compares all the major networks. To gain market share, we’ll offer unbeatable subsidised deals to entice people to sign up. Our core offerings to new and existing customers are:

  • Contract tariffs from all networks.
  • PAYG tariffs from all networks.
  • Phone accessories such as covers, chargers, and headsets.

Projected Sales and Profit Margins

The bulk of our revenues come from commissions from the network operators. Our major costs are the subsidisation charges that we need to provide to offer our unbeatable deals.

Revenues forecasted for the first year of operation are £157,000.

Net profit in the first year is £26,152 (including start-up costs) before tax increasing to £136,522 in the third year. The profit figure stated is before director’s drawings and dividends. Before the end of the first year, the company will repay the director’s loan account.

Start-up Costs and Ownership

SimBiz Limited is a new company set up and run by Mr Simon Wilson, who has successfully run and managed previous franchise businesses in this sector.

The premises have been secured on a medium term let for 15 years with a rent review every five years. Mr Wilson will invest £35,000 to cover the initial start-up costs and cash flow requirements.

Contents of this plan

1) Executive Summary
2) Business Mission
3) Ownership and Location
4) External Analysis
5) SWOT Analysis
6) Planned Objectives
7) Key Action Plans
8) Management Biographies
9) Profit & Loss Account
10) Cash flow Forecast
11) Balance Sheet

Free Bonuses Included
1) 25 Free Marketing techniques
2) Financial Planning wizard
3) Step-by-step Planning guide
4) Free Online Support
5) Comprehensive start-up guide

Phone Shop Plan Benefits

  • Specific for all types of phone shops.
  • All finances and narrative included.
  • Latest customer research data.
  • Full marketing and sales plans.
  • Finance budgeting wizards.
  • 90-day Money-back guarantee.
  • Approved by all banks.

Access Online

Order and download the complete plan online immediately.

Special offer: £49.95 Only £29.95

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Testimonials

“I needed to put together a long-term business plan to cover all aspects of my new venture. I read a lot of books and attended courses, but I was struggling. Then I came across Teneric and suddenly it was all there in a format I could use and in terminology I could understand. After that, it was plain sailing to the Business Department at my local HSBC Bank”

Jill Shilcock, Managing Director, SEAS Education Advisory Service Limited.

“I wanted ideas for the type of information that needed covering in a business plan, and this gave me a template for the document I submitted to the bank. The business loan we were after was approved. If you have never written a business plan before, then I would recommend your product. It was very straightforward and offered some good advice.”

Gordon Mitchell, UK

“I needed a business plan quickly. The template was easy to use, just fill in the blanks on the wizard and refer to the help guide if I wasn't sure. Your system is good value, and I would recommend them to everyone needing a plan. Attached is the basic plan I threw together in a day for the bank. They specifically wanted cash flow projections, and the Excel spreadsheets were really what I was after from your product.”

John Waterhouse, UK