To be honest, I would not jump into a business plan with this individual. He seems to think it is as easy as 1-2-3, which if you'll notice are very basic items that should not be applauded for individual completion. You should consider them under one category like "Establishment of Business."
In addition (and this was the first thing I noticed), your friend uses 'witch' instead of 'which'. If you are looking for a competent business partner, you have not met him in this friend.
Regarding the business plan itself, I suggest finding a way to truly make yourself stand out. This method of "drop-ship & sell" is not a new idea and certainly if you begin to attain any level of noticeable success a larger competitor will find a way to erode your margins (this is, of course, pure intuition). The reason why I feel that your business is vulnerable is because it is not unique in any way. Since it's not unique, it's reproducible and in a world of, say, 3 billion working-class citizens, you can imagine that the changes of you being edged out by somebody smarter/more clever/more efficient is quite high.
In whatever path you choose, good luck!
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