Flyleaf Books

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Used Book Store Business Plan

Management Summary

As stated earlier, Flyleaf Books will be an LLC company owned by Mr. James Vinck and his wife, Aracela. Mrs. Vinck is expected to assist Mr. Vinck in various ways and to act as the company's bookkeeper. The ower's son, Todd, is currently a business major at OSU and is expected to graduate in 2005. He has expressed an interest in eventually taking over the management of the company and will be working as a part-time manager with this goal in mind. The company also plans to hire various part-time salespeople as needed. Additional personnel will be added if necessary.

Mr. James Vinck is a graduate of the Dartmouth University, with a degree in library science. He has worked for more than twenty years for the Philadelphia city library system and in 1995 became the head librarian. Over that time Mr. Vinck has established excellent contacts in the book acquisition industry and plans to leverage these contacts in his new business.

6.1 Personnel Plan

Initially the company will have a small staff including upper management and sales personnel. We expect to expand our personnel and extend our hours once we begin to make a profit.

Personnel Plan
Year 1 Year 2 Year 3
Mr. James Vinck $42,000 $48,000 $48,000
Mr. Todd Vinck $18,000 $25,000 $30,000
Salesperson $10,200 $11,000 $11,000
Salesperson $10,200 $11,000 $11,000
Salesperson $10,200 $10,200 $10,200
Salesperson $10,200 $10,200 $10,200
Salesperson $10,200 $10,200 $10,200
Total People 5 5 5
Total Payroll $111,000 $125,600 $130,600