Casual Closet was established in 2009 by a couple who lives in the Suburb areas of Detroit Michigan. The couple opened this retail market in what is called a “Flea Market setting.” Because of the high rents associated with strip malls and shopping malls this was the most economical environment to start a new business. Casual Closet provides upscale urban wear for men and women at affordable prices. The store also carries handbags, scarves belts and a variety of fragrances. Casual Closet provides stylish attire for the consumer and the owners receive profitable income in exchange for a service that is being provided. The owners of Casual Closet would like to have the opportunity to expand in multiple locations and eventually in different cities.
Company and the major initiative
The major initiative of this retail store is to make sure that employees are treated fairly and the company follows the guidelines imposed by state, local and government authorities. Casual Closet is located in Detroit Michigan where companies have to establish the type of business that it is going to be. The different types of businesses are Sole Proprietorship, Partnership and Corporation. (Authority Direct) A company establishes the legal environment of the country in which the company operates. The owner of a company took initiative to make sure that the legal conditions are being met to avoid any potential legal issues.
Project planning
The Business Owners of Casual Closet worked with local licensing agencies requesting permits for the retail store. The owners worked to secure all the contractors for the clothing store and ordering of all supplies. The owners assumed all responsibilities for opening of the store.
Project Timeline
The time frame that is needed to complete this project is 6 months. The retail space that we have agreed on does not require much interior and exterior work. The supplies needed will come from local suppliers and the clothing has already been ordered and received.
Critical Paths and Contingency Planning
Implementation Plan Contingencies
In the Implementation plan of this project the estimated timeframe in which the project is due to be completed is estimated. In the event that the project falls behind the contractors have agreed to work on weekend seeming that the retail space is being rented and the owners have given is the time in which they wanted the space to be completed. This agreement was made prior to any work being started. One of the benefits that we the owners of Casual Closet had to our advantage was that all of the materials and supplies were being ordered locally so that mailing or back order of an item would not delay this project. The owners are willing to work with the contractors in any area so that the project runs smoothly.
Staffing Needs and Tools
The opening of Casual Closet would only consist of the two business owners working. In the beginning of the project we decided that we wanted to aggressively work the business on our own so that we could cut cost ...