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How to open a Confectionary - Interview with a owner

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Uploaded by on Feb 2, 2007

Confectionery/Convenience Store Mentor Profile:
Shaun Gillis owner/operator of Gillis Convenience, has been involved in the Retail Sector since 1983 and has worked as a manager for Woolco Department Store, Bargain Harold's and Zeller's.

In 1994 Shaun took part in an Memorial University sponsored pilot program that was designed to assist potential entrepreneurs develop the skills needed to open and run a successful business.

Shaun was provided with business planning assistance from various lending institutions and accountants. Shaun successfully obtained funding with his plan, the business plan was evaluated and approved for funding by a committee of educators, business owners, lending institutions and government representatives.

We have received permission from Mr. Gillis to update his business plan, interviewed Mr. Gillis to get tips on how to run a profitable Convenience Store, and took an inventory of all stock and assets. We then reviewed the actual sales figures for the business and used the finding to complete the downloadable business plan available on this website.

BusinessPlanWorld.com - Tutorial Topics:

Navigating the MS Excel Tabs

About What will be covered in this tutorial:

Navigating the MS Excel Tabs

About the Start Up Costs

Startup Costs and Balance Sheet Relationship

Project Costs and Owners Investment

About the Balance Sheet

Disclose everything do not hide any debt

About the cashflow

About Financial Leading Indicators

About Sales to Debt Ratio

Where to find financial leading indicators

How to edit the Cashflow

How to use Paste Link in MS Excel

The Cashflow and Income Statement relationship

How to generate your income statement

How to forecast income statement Y1 and Y2

Tips on changing the spreadsheets

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For more information visit:

http://www.businessplanworld.com

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