Financial Plan

Cash Flow

 This is the yearly cash flow of “BlastBeats Skate Apparel and Services” for 3 years of
grinding and giving of knowledge by teaching them of some tricks and tips in
skateboarding. 3 years keeping a skateboarding services and apparel our business is
still healthy regarding to the funds and money.

Capital
 Required Funds

At this time, the BlastBeats Skateboard Shop requires 300,000 of funds. Below is a
breakdown of how these funds will be used:
 1.0 Company and Financing Summary

1.1 Investor Equity

I’m not seeking an investment from a third party at this time.

1.2 Management Equity

I owns 100% of the BlastBeats Skateboard Shop/Services, Inc.

1.3 Exit Strategy

If the business is very successful, I am going to seek to sell the business to a third party for
a significant earnings multiple. Most likely, the Company will hire a qualified business
broker to sell the business on behalf of the Skateboard Shop. and service Based on
historical numbers, the business could fetch a sales premium of up to 4 times earnings.

2.0 Products and Services

Below is a description of the products offered by the Skateboard Shop.

2.1 Sales of Skateboards and Skateboard Apparel

As stated in the executive summary, the Company intends to acquire a substantial amount
of retail skateboard, skateboard apparel, and related accessories which it will sell through
its retail store and online sales platform. Management expects that the business will
generate gross margins of 68% on each item sold by the Company. The Company, to a
minimum extent, will also generate income from the sale of bottled beverages and
packaged snack goods.

3.2 Online Sales of Products

In addition to the retail facility, Management intends to develop an online platform which
would allow the business to aggressively sell its products on the Internet. As many people
now use the internet to purchase goods, I sees a significant opportunity to develop a
secondary sales channel that is not overly expensive to maintain. Once the retail
operations of the business are functional, Management will hire a web development firm
to develop the online ordering platform. The marketing plan for this aspect of the business
can be found in the seventh section of the business plan.
 3.0 Plan

The Skateboard Shop intends to maintain an extensive marketing campaign that will
ensure maximum visibility for the business in its targeted market. Below is an overview of
the marketing strategies and objectives of the Skateboard Shop.

3.1 Marketing Objectives

 • Develop an online presence by developing a website and placing the Company’s

name and contact information with online directories.
 • Implement a local campaign with the Company’s targeted market via the use of
flyers, local newspaper advertisements, and word of mouth advertising.

3.2 Marketing Strategies

I intends on using a number of marketing strategies that will allow the Skateboard Shop
to easily target its demographics within the target market. These strategies include
traditional print advertisements and ads placed on search engines on the Internet. Below
is a description of how the business intends to market its services to the general public.
The Skateboard Shop will also use an internet based strategy. This is very important as
many people seeking local retailers, such as skateboard shops, now the Internet to
conduct their preliminary searches. I will register the Skateboard with online portals so
that potential customers can easily reach the business. The Company will also develop its
own online website, which will feature e-commerce functionality so that the business can
generate sales from outside of its retail location. The Company will maintain a sizable
amount of print and traditional advertising methods within local markets to promote the
skateboard and apparel products that the Company is selling.

3.3 Pricing

In this section, describe the pricing of your services and products. You should provide as
much information as possible about your pricing as possible in this section. However, if
you have hundreds of items, condense your product list categorically. This section of the
business plan should not span more than 1 page.