Naledi Threads Business Plan — Implementation Plan
The timeline from lease signature to opening on 1 September 2026, covering fit-out, first buy, hiring and pre-opening marketing.
Implementation Plan
Jump to section
- Overview & contents
- i. Important Notice and Basis of Preparation
- 1. Executive Summary
- 2. The Business
- 3. Market Analysis
- 4. Location Strategy
- 5. Products and Merchandise Strategy
- 6. SWOT and Competitive Position
- 7. Marketing and Sales
- 8. Operations
- 9. People, Compliance and Controls
- 10. Implementation Plan
- 11. Financial Plan
- 12. Break-Even
- 13. Working Capital and Debt Service
- 14. Returns
- 15. Sensitivity and Scenarios
- 16. Risk Management
- 17. Trigger Points and Management Response
- 18. Key Performance Indicators
- 19. Key Assumptions
- 20. Conclusion
- A. Appendix A: Consolidated Financial Summary
- B. Appendix B: Capital and Pre-Opening Schedules
- C. Appendix C: Funding and Debt Schedules
- D. Appendix D: Risk Register
- E. Appendix E: Glossary
- 10.1 Pre-opening timeline and gates
- 10.2 Post-opening milestones
10.1 Pre-opening timeline and gates
|
Week |
Activity |
Cash outflow |
Gate — do not proceed without |
|---|---|---|---|
|
–16 to –14 |
Company registration, bank account, funding applications |
R6 000 |
Written loan approval in hand |
|
–14 to –10 |
Site shortlist scored; landlord negotiation on rent, escalation and turnover clause |
R0 |
Lease terms in writing, including the turnover breakpoint |
|
–10 |
Lease signed with beneficial occupation secured |
R35 530 deposit |
Six to eight weeks rent-free confirmed in the lease |
|
–10 to –7 |
Space plan, shopfit tender, contractor appointed |
R12 000 |
Three quotations and a fixed-price contract |
|
–9 to –4 |
Supplier accounts opened; CBD wholesale and cut-make-and-trim relationships built |
R0 |
At least two accounts with credit terms agreed |
|
–6 |
Opening range bought: 1 450 units, 55 styles, full size curve |
R225 000 |
Written open-to-buy budget by category signed off |
|
–6 to –2 |
Shopfit, electrical, air-conditioning, fitting rooms, signage |
R417 000 |
Municipal signage approval and electrical certificate |
|
–4 to –1 |
POS, inventory, CCTV, surveillance and card acquiring installed and tested |
Included |
A full test transaction cycle completed before opening |
|
–3 to 0 |
Staff recruited, contracted and trained; UIF and COIDA registered |
R26 000 |
Signed contracts above the minimum wage floor |
|
–2 to 0 |
Stock received, tagged and merchandised; POPIA consent designed into the till process |
R14 000 |
Every garment above R150 tagged before the doors open |
|
0 |
Store opens, 1 September 2026 |
R34 000 launch |
Business licence and Certificate of Acceptability where required |
10.2 Post-opening milestones
|
Milestone |
Timing |
Consequence if missed |
|---|---|---|
|
Trading density above R30 000 per m² annualised |
Month 6 |
Review range and window; the position is wrong, not the price |
|
Gross margin above 47% on completed months |
Month 6 |
Markdown cadence is slipping; enforce the week-six rule |
|
Creditor days above 28 |
Month 9 |
Cash trough deepens by roughly R11 700 for every four days missed |
|
Cash never below R100 000 |
Month 10 |
Draw the standby overdraft; do not fund the gap from stock reduction |
|
EBITDA after owner remuneration positive |
Month 18 |
The Year 2 case does not hold; see the trigger points in Section 17 |
|
Debt service cover above 1.25x |
Year 2 |
The loan covenant is at risk; approach the lender before the breach |
|
Second consultant decision re-taken on evidence |
Year 3 |
Do not hire on the plan; hire on the trading |