Business Plan of Glorious Feminine Store

Business plan of Glorious Feminine Store

Executive summary

The Glorious Feminine Store is going to make a product line with supreme quality and reasonable prices. Our selections will be a complete range of products which will make the women beautiful from the head till tow. The purchases will be done through sales representatives and the women of all ages, styles, classes and backgrounds will find the product of their choice among the plentiful options. The colors, comfort, style, fads, preferences all will be considered at the time of procuring the very best pieces.

Glorious Feminine Store is an organization which is being formed by a sole proprietor. The first store in going to be located on the XYZ Street, the location selected is having an ample space but due to the diverse range of products expansion of the location is also planned in the coming year. The location will be treated as head office and warehouse and the retailing will be performed primarily on the official web page of the Glorious Feminine Store which is registered as www.gloriousfemininestore.com. The website will be entertaining the clients 24/7; on the other hand the main office will be operating Monday - Saturday 10 a.m. To 8 p.m.

Mission Statement

The Glorious Feminine Store is offering quality products with brand name for making women more beautiful than ever. This will be one to work with equal passion for women of all age groups, sizes and ethnicity. The looks of all the women is our motive you will be more beautiful from the head till tow. Trendy goods are not sold; the trends are actually made under our roof. Best pieces are selected from the whole world and are at the door steps for the customers just through a single click.

Products

Glorious Feminine Store is going to carry the best quality products in women's clothes, shoes and accessories. The selections will be ranged from the very basic requirement of the customers which is the comfort to the fads of the era. The purchasing will be done across the border through sale representatives. Manufacturing is not being done at all and packaging is also purely outsourced. The products will be offered after doing proper research regarding the choices and preferences. The customer feedbacks and the suggestions given by them will be the factor which will directly impact on the product quality and the quality and changes in the product range being offered.

Company Summary

Glorious Feminine Store is going to start up with cash o hand balance of $100,000. The company will be self sufficient within the end of first year. The business is owned by a sole proprietorship and there is not going to be profit sharing due to this.

Start-up Requirements

Start-up Expenses

 

Legal Expenses

$5000

Stationery etc.

$5000

Credit Card Set-up

$2000

U. P. S. Account

$3000

Supplies (special made shoe boxes, invoices, etc.)

$5000

Start-up expense for Website

$3,0000

Total Start-up Expenses

$5,0000

Start-up Assets

 

Cash Required

$10,0000

Start-up Inventory

$15,0000

Other Current Assets

$5,0000

Long-term Assets

$00

Total Assets

$30,0000

Total Requirements of the business

$35,0000

GAAP / IFRS

Aligning the business ...