Candle-Making Business Plan Template
[Sender.Company], located in [Sender.StreetAddress][Sender.City][Sender.State][Sender.PostalCode](Insert location here), is a well-known candle manufacturing company that makes eco-friendly organic candles from high-quality ingredients.
[Sender.Company] is qualified to succeed due to the following reasons
There is currently a high demand for candles in the US.
In addition, the company surveyed the population and received highly positive feedback pointing towards an explicit demand for their products, supporting the business after launch.
The management team has a track record of success in the candle-making business.
The candle business is a proven, successful business in the United States.
Individual consumers, especially households, will be key targets for the company. Scented candles will be a leading product for households.
The second target group comprises spas. As candles have therapeutic properties, commercial businesses like spas frequently use scented candles. The Company will offer its products at a wholesale rate to this segment.
Other retail locations such as specialty shops, home décor stores, and mass merchandisers such as department stores and drug store chains will also be a valuable customer segment for the Company.
The strengths that will set [Sender.Company] apart include:
The Company will introduce special offers to attract new consumers and encourage repeat purchases, which will be quite advantageous in the long run.
[Sender.FirstName][Sender.LastName] will run the day-to-day operations of the candle manufacturing plant, including scheduling, sourcing, and purchasing supplies and basic equipment, keeping the company’s books, maintaining legal licenses, handling insurance, and ensuring that the company meets government regulations.
To execute on [Sender.Company]’s business model, the company needs to perform several functions, including the following:
Administrative and Service Functions
General and administrative functions, including legal, marketing, bookkeeping, etc.
Hiring and training staff
Candle Making and Packaging
[Sender.Company]’s most valuable asset is the expertise and experience of its founder, [Sender.FirstName][Sender.LastName]. [Sender.FirstName][Sender.LastName] has been working in the candle manufacturing business for many years. [Sender.FirstName][Sender.LastName] is a seasoned artisan with a degree in (Add your qualifications).
[Sender.FirstName][Sender.LastName] will serve as the CEO. In order to establish the candle-making business and retail stores, the company will need to hire the following personnel:
Candle Makers: (Add the number of employees and the estimated date they will be required, i.e. year 1, etc.)
Product Development Manager: (Add the number of employees and the estimated date they will be required, i.e. year 1, etc.)
Sales and Marketing Manager: (Add the number of employees and the estimated date they will be required, i.e. year 1, etc.)
Store Manager: (Add the number of employees and the estimated date they will be required, i.e. year 1, etc.)
Accountant: (Add the number of employees and the estimated date they will be required, i.e. year 1, etc.)
Cash Flow Statement
Cash Flow Statement
Starting cash balance:
Cash from operations:
Cash from sales:
Subtotal cash received:
Additional cash received:
Subtotal additional cash received:
Total cash received:
(List all expenditures)
Total cash spent:
Net cash flow:
Ending cash balance:
Assets and Liabilities
The confidential information and trade secrets described above shall remain the exclusive property of the Company and shall not be shared or removed from the premises of the Company under any circumstances whatsoever without the express prior written consent of the handyman business.
(Add any relevant addendums)