Furniture Store Business Plan Home

A furniture store business plan is a plan to start and/or grow your furniture store business. Among other things, it outlines your business concept, identifies your target customers, presents your marketing plan and details your financial projections.

There are many types of furniture stores. Most stores focus on traditional designs and concepts, some stores sell discount affordable furniture, and some stores will sell from only one designer or manufacturer. Other furniture stores sell modern furniture that can either be affordable, moderately priced, or priced on the high-end.

The primary source of revenue for furniture stores are the products sold at the store and/or warehouse. The furniture store will purchase the items at cost, add a markup, and sell to the public at the marked up cost. 

The key expenses for a furniture store business are the cost of purchasing the product inventory for display, procurement, and shipment of the items. Most times, furniture products come from out of town manufacturers that are in other cities or overseas. Other expenses are the rent and utilities for the facility as well as payroll and marketing costs.

Furniture store businesses are most likely to receive funding from banks. Typically you will find a local bank and present your business plan to them. Outside investors, crowdfunding, and/or friends or family are other typical funding options.