The power and ease of an online storefront is obvious to us, and we plan to develop one quickly and efficiently. It is my intention to use all available net cash flow to pay down the outstanding long term liabilities of Clothes As Art. The loan will be collateralized with inventory, equipment, and leasehold improvement.
This is another avenue to exploit target market B. This can be fashioned into the accessories such as belts, cut into earrings and other jewelry type articles that will match all clothing produced by the artist. Our location is also a key disadvantage where non-park rentals are concerned.
With respect to Target Market B showing such a low market share of the trade area, please keep in mind that the mall offers no traffic studies. We will also use the financing to purchase inventory, retail displays, and office supplies.
Taking a narrower view, Mt. However, they specialize in consignment clothing. There will be several tables at which to work. The attorney will also handle any future permit or certificate needs. These will be offered as accessories at Clothes As Art. Retail business plan executive summary publication states that by meeting the more specialized needs of people, a retailer will be in a better position to grow.
Staff will conduct annual inventory audits and hire outside auditors when necessary. This includes average time to paint 5 minutes, to spin 30 seconds, and to dry 15 minutes.
Female Baby Boomers are our clear target customers. This will include how to sell merchandise as well as how to provide fashion advice to customers. Once we launch Booming Boutique, our primary asset will be our brand, which will convey style, quality and a great shopping experience.
To be as conservative as possible, financial statements are based on a few, not yet built, store site in the expanded section of the mall. This is true especially for those nearing retirement age.
T-shirts and sweatshirts are a staple item for screen printers and will therefore have a high resale value in the event of default. Both will co-manage Booming Boutique. Store hours will be from 10 A. This is closely tied with the national inflation rate. Our two primary competitive advantages will be location and lower costs.
I have also spoken with another shop owner who agrees that the product has this type of wide appeal. Monday through Thursday, from 10 a. Also, it takes time to build a retail store, and by the time a competitor attempts to compete with us directly, we will have already established a strong customer base.
Our POS software package includes integrated accounting modules, including general ledger, accounts receivable, accounts payable, purchasing, and inventory control systems. Moreover, we expect a portion of our products to catch on with the younger generations.
The service procedure of the store is quite simple. The centrifugal force caused by the spinning causes the paint to be drawn from the center of the shirt to the edges resulting in a star-burst spin art look to the design.
According to Retail in Detail by Ronald L. In addition, at the end of the day the spin drum is coated with a strip of the paint around the edge. Penetrate and raise awareness in 60 percent our targeted consumer market. However, the Towne Center also brings in a high volume of customers daily, which helps to nullify the adverse effects of a competitive market location.
Then work to accomplish your secondary objective by focusing on your readers. In addition, to their duties to the customer, they will have to be able to design shirts for the pre-painted in-store inventory.
Both co-owners will assume leadership roles within the company and will be responsible for daily operations, overseeing marketing efforts, buying merchandise and managing inventory and all other administrative duties. It is also important that we are able to hire reliable employees at reasonable wages.
Once underway we will expand our scope and take advantage of high-margin new equipment sales and leverage our existing labor force to sell and service those products. Our POS software records each sale when it happens, so inventory records are always up-to-date.
However, this market decrease will not occur for at least twenty years.Executive Summary Downtown Austin Retail Development Strategy EXECUTIVE SUMMARY Downtown Austin Retail Market Strategy Downtown Austin is known throughout Texas and.
Executive Summary. Mahogany Western Wear is a new apparel store that caters to the African-American cowboy community in Houston, Texas. As our name suggests our focus is to provide western wear apparel and accessories, and position ourselves as the top retail.
Executive Summary. University Cycle Works is an established bicycle specialty store, offering retail sales of new bicycles, parts and accessories, clothing, and maintenance and repair service. An executive summary of a business plan is an overview.
Its purpose is to summarize the key points of a document for its readers, saving them time and preparing them for the upcoming content. Chicano Stylez specialty clothing retail business plan executive summary. Chicano Stylez is a start-up clothing and accessories store aimed at the Chicano/Hispanic population/5(7).
MaRS – Business Planning and Financing Management Series Building Block 2 – The Business Plan and Executive Summary How to use this workbook guide 1. Make it a team exercise—but make it quick.
Pulling the background information and strategy together to create a coherent.Download