In your company analysis, you will detail the type of grocery store you are operating.
For example, you might operate one of the following types:
- Supermarket: this type of grocery store offers fresh poultry, fresh meat, baby goods, pet supplies, appliances, and medicine. Most supermarkets feature multiple aisles that are grouped with similar items labeled with individual prices.
- Produce Market: this type of grocery store mainly sells fruits and vegetables.
- Traditional Grocery Store: is an establishment that exclusively sells food and drink items to patrons. It’s designed to satisfy a customer’s basic needs for dry food, canned food, spices, fruits, and vegetables.
In addition to explaining the type of grocery store you operate, the Company Analysis section of your business plan needs to provide background on the business.
Include answers to question such as:
- When and why did you start the business?
- What milestones have you achieved to date? Milestones could include sales goals you’ve reached, new store openings, etc.
- Your legal structure. Are you incorporated as an S-Corp? An LLC? A sole proprietorship? Explain your legal structure here.