Retail Business Plan News and More

Retail Business Plan News

Parts of a Retail Business Plan - Business Plan Parts and What to ...

Do you know what goes in a business plan? Take a look at the various business plan parts and what to include. The purpose of your business plan will determine how much information ...

Retail and Online Store Business Plans - Bplans.com

Sample business plans for clothing store, online store, e-business, gift shop, eBay, art gallery, and other retail businesses. Business Plan Pro contains 500 sample business plans

Retail Business Plans

Retail business planning basics and sample retail business plans.

Business Plan Templates and Free Sample Business Plans - Bplans.com

Business plan samples for dozens of business types, including restaurant business plans ... Retail & Online Store. 106 plans for retail stores and online retailing businesses

Retail Business Plan

Here Is The Exact Business Plan & Financial Templates That I Personally Used To Help Start A Thriving Small Business....100% Guaranteed!

Retail Business Plans - Software - Samples - How To Write a Business ...

Learn how to write a business plan for your retail store, why writing a business plan is necessary, purchase business plan software and view free sample retail business plans.

Retail Business Plans - Sharp, Snappy and Successful

Retail business plans sizzle with panache, from consignment stores to toy shops to large equipment dealers.

Open Question: retail business name ideas ?

planning on opening a fashion retail shop but can't think of a name, any ideas? nice and simple :) name is naomi btw ! :D more

Voting Question: How much do gift/home accessories shops take?

Although I have experience in retailing gifts and home accessories on line I am now looking to start a shop selling the sale items. Could someone please advise as to the possible turnover of a shop in a town centre location - size 6meters x 8meters selling gifts or home accessories. I am trying to put a business plan together and have no real idea what this type shop could or should take a week. Any help would be most appreciated. Regards AS more

Resolved Question: Which 4 careers out of these will help me study abroad/work abroad?

So I am going to college in September, I plan to after the year of college is finished study abroad, get a job or carry on with studies. I don't 100% know what I want to do yet so out of these courses which would be the best all-round course and be most useful to study abroad with? Business(which includes retail and management) English An Apprehenship(could really use with the money and it gets me a qualification, money and course what do you think??) Travel and tourism Or childcare/teaching thanks for your help:) I am really at loss here, could you pick one and say why it would be the most useful, thanks:) more

Resolved Question: Is This a good life plan lol (:?

Okay i Know not EVERYTHING Will Always Work Out, But Bare with me (: Graduate High School at 16 - music, dance, double ict, business studies (x2 eng, math, sci, re short course,it basics, - unexamined pe& pshe) Work in restaurant/retail from ages 16-18 do first aid course at 16/17 Go To doctors 17/18 (get all injections sorted) Go To Dentists Before 16 (braces, need em pearly!) Learn French keep healthy - BMI around 22 (no where near 19 or 24) College-study cabin crew & sociology/psychology 16-17 (WHICH OLOGY ?) And mite have forgotten some things i want to be a flight attendant/cabin crew/air hostess lol(: and when im like 25, (8 yrs from eighteen) Then maybe just get a desk job at that airline (for kids etc) any ideas/tips? (:i graduate at 16 because im brittish lol xwhich means mickey, sorry darling youre way off :swhy did mickey get 2 thumbs up? :s he is wrong... you people need to learn how to read! :P more

Voting Question: stocking nike, addidas etc?

I am trying to open a store, i have a location, a business plan i have 9 years working in retail audio and technology but its a first for clothing. I have had management experience and feel confident running my own store. I would like to know if anyone has ever stocked nike adidas new era nixon money rocawear etc as after many many hours days and weeks the only wholesalers i can find are all in china so i dont know if there legit or not, any help would be appreciated. more

Resolved Question: is it advisable to open a clothing retail shop now?

planning to open one in Malaysia but afraid there might be too many in the market. Is it wise to spent about a 100k of investment into venturing a business that is base on passion ? more

Resolved Question: Corporation Tax question - What are profits?

I'm considering starting an antiques retail business, under a ltd company, and am working out a long-term business plan and monthly cash-flow forecast. I intend to withdraw as little money as possible from the company so I can re-invest it in more, and better, stock. So, if it makes say, £50,000 profit after all costs in a year but I re-invest all of that money back into more stock, will I have to pay Corporation Tax on all of that profit? Or, do I only have to pay Corporation Tax on any money left over or withdrawn after I've bought the new stock? In other words, how are Profits defined when it comes to Corp. Tax? Thanks in advance... more

Resolved Question: Are the conservatives right to back the plans that Obama has for the banks?

"Shadow chancellor George Osborne has backed US President Barack Obama's plan to break up the big banks." http://news.bbc.co.uk/1/hi/business/8473903.stm 'He said a Tory government would not follow suit "unilaterally" but would push for an international deal to split retail from riskier investment banking.' more

Resolved Question: Why register for VAT if I do small retail?

I f I plan to start my retails business let's say I am buying goods for 5000£ and plan to sell them mostly over the internet is it worth it to register for VAT and the items I'm buying are being imported from the USA. more

Voting Question: Did i make the wrong career move...Hospitality Vs Retail?

I started in retail and loved it. It only took me a year until i stepped into a supervisory role and enjoyed that too. Unfortunately the manager that took over the store bullied me and so i ended up hating my job jacked it in and started working in admin. Ive landed a receptionist job in a hotel and the plan was to move upwards as the manager thinks im picking it all up really well. The assistant manager has just told me she only earns 80p more than me per hour!!? I was on more than her when i was a supervisor let alone management. Is this the usual case, does retail pay more? I like the jobs equally. I just opinions from people who work in retail, people in hotel business. any advice. more

Resolved Question: What is the 'Marketing Mix'? Help Please?

Okay, so, for my business studies coursework we needed to plan out setting up a new, small, retail business. One of the points I have to complete is; 'My Recommended Marketing Mix (Refer to your cost information, your customers’ opinions and your knowledge of your competitors, what methods of promotion are you going to use. Be realistic, considering you are a small and new business.) I don't really understand what I need to do for this, please could somebody help? For 10 points? Thanks x more

Resolved Question: What is the 'Marketing Mix'? Help please?

Resolved Question: Where can i find clothing designers or small clothing companies with their own brand?

We are a small online retail selling business based in Poland and Switzerland. Currently, we are looking for young and creative designers or clothing companies with own brand of clothes who want to sell their products in incredibly growing market in Poland and as well in Switzerland. Furthermore, who are interested in planning to build up their name brand and present in Central Europe and Switzerland into a recognisable brand name. more

Resolved Question: Where can I obtain free information regarding retail clothing industry sales statistics in the UK?

I am in the process of writing a business plan and can't find any reports on the internet that are free, not even on the government sites. Things like total market value, growth etc. more

Resolved Question: How to start retail jewellery business?

I am planning to start my own retail silver jewellery business in UK. i have contacts with manufacturers in india. my question is where should i start from in UK? how to do marketing? get oreders etc? more

Resolved Question: Can someone look at this for me please?

I am not sure whether this is good enough for a personal statement and I would appreciate it a lot if someone could take a look at it for me. Thank you again! Fashion Futures Personal Statement Fashion is aesthetically beautiful anyway you look at it. It is captivating and it draws attention to the eyes of many. Even though it wasn’t until recently that I felt that Fashion is my passion, I was always subconsciously attracted to it. Currently, I seem to have an affinity for keeping abreast the latest fashion trends be it for women or men. For a period of time, uncertainty became my enemy and kept a tight grip on me. This left me clueless about what I wanted to achieve in life. Prior to this however, I was studying Computer Games and Japanese in University of Westminster. After completing BTEC Nationals and an Access Course in College, I was confused about what it is I wanted to study at University. However, my peers and student advisors advised me to study something that I would find interesting. Gaming was the main hobby I could think of that moment so I decided to go for that. However, my passion for Japanese outweighed the Computer Games so I decided to study that on it’s own after my first year. Constantly thinking about what I should include with my Japanese, I thought about applying to do a Fashion Course. However, it could not be any Fashion course and it would have to be quiet specific. For that I did some heavy research and found none of the other fashion courses very appealing. Browsing the net, I searched the UEL website and found the Fashion Futures combined programme. The modules in the course and the summary of the course itself sparked a flame in me and I know immediately that I wanted to do this course. The course interested me extremely due to the fact that every time I was searching for new fashion trends, I would be coming up with ideas of different styles that would appear in the future. Trend Predicting is an ingenious idea for a course as it will assist me highly in the future. At this present time, I speak fluent Japanese and plan to study Korean. Reason for this being that Japanese and Korean fashion is currently a little similar to the Western world however, they seem to have applied different styles to their own, which has made it seem as though that type of trend does not exist yet. There are a lot of designers in Japan and Korea who are also creating a lot of styles like the Belgian futuristic designer Martin Margiela. I would love to do a lot of Research on this different type of fashion and this course will teach me the accurate way of Researching and Analyzing in order to anticipate different types of trends that might appear in the future or any time period. My background in IT has made me computer literate and I find this a valuable asset to have since the Course will include using digital equipments. Even though, I have yet to work in a Fashion industry, a year in the retail experience business has graced me with the ability to intuitively adapt easily to any challenge that I encounter. Skills that I am proud of through experience are to lead, based on my work as a Team Leader; communicate easily with team members and analyzing every aspect of any given job. Languages; is almost like a gift that comes naturally to me as I am able to learn any language quiet easily. Currently, I speak a bit of French, German, Japanese, Korean and Chinese. The interesting aspect of this is that each of these countries has different types of Fashion Trends, which I found interesting after comparing them with each other and the UK. However, it seems that the UK contained all the different trends from these countries due to the multicultural ethnicities here. During my spare time, I like to read books to keep my brain stimulated and I enjoy playing dance games because it is a very good way to keep fit while having fun. People find me quiet amusing and sometimes go as far as to say that it isn’t fun without me. My friends have always mentioned that I am quiet good at accessorizing i.e. with clothes and accessories. Even though I have expressed my interest in this course and proved how much I want to do this course, I know it will be difficult because this is a very demanding course and I am prepared to go through any obstacles to do this course. This course is exactly what will determine my future and I am prepared to lay down everything for a chance at this. more

Resolved Question: how can i improve this cover letter?

3rd March 2009 Dear Darren Re: Womenswear Allocator Vacancy I am writing to you in reference to the advertisement on your website regarding the above vacancy. My interests are focused on a merchandising role to be involved with stock allocation, sales analysis and range planning for a profit. In addition to this, I have a strong commitment to French Connection and would like to work for a dynamic womenswear team. I am sure that my qualifications and skills will fulfil your requirements in three aspects; •Firstly, I worked for three years in a Korean wholesale agent which liaised with Wal-Mart U.S.A and Williams Dickies. This previous experience in sourcing, product development and quality control with diverse business partners in worldwide enabled me to adapt to fast changing fashion environment actively. •I have successfully completed various fashion related academic courses in the UK including a master’s degree. During these courses, I achieved excellent marks on finance and marketing areas and developed analytic skills to identify threats and opportunities to the organisation. •Lastly, I have frontline retail experience in your flagship store and have demonstrated excellent customer service skills to exceed their expectation. I was given the title “employee of the month” and given a work placement position in the menswear merchandising team for French Connection starting this February. Furthermore, I have detailed knowledge of product range and would like to develop this experience reflecting on business planning of your team in future. I am a well organized, self-driven and fast learning person. I feel that I will be an asset to your organization. I have enclosed my CV highlighting my skills and motivations for your reference. I look forward to hearing from you. Yours sincerely, more

Resolved Question: Would a career as an airline pilot suit me?

Hi, do you think a career as an airline pilot would suit me. I live in the UK so people outside the UK may struggle to answer in terms of education. I am 18, i have got GCSE grade D in English, C in Maths, D in Science, D in Business Studies, D in Geography although instead of the English GCSE is have passed Key skills communications level 2 with City and Guilds. I am currently stydying A2 Applied Business and AS Retail at college. I plan to go to university. I am not sure if these qualifications are enough to become a pilot. I like travel, i love flying and i like meeting new people rather than being with the same peopleall the time. I like computers and i love playing on flight simulator.I am predicted grade A in RetailI am prepared to become fluent in German, Chinese and Korean, do a Duke of Edinburgh Award up to Gold, study Maths and Physics in my own time(not get A levels in them) and get a good geographical knowledge of the world. more

Resolved Question: Shop front signage....?

I am trying to get some ball park figures on the average costs involved to install a shop front sign, i have searched on line, but to no avail. They all seem to evade the all important info when advertising their services. It will help when offering my Business plan to the bank, i do not yet have the retail shop as yet, so it's quite difficult to offer dimensions etc, to a sign company for a firm quote. Many thanks in advance. PS: I require a typical high street shop front fascia sign. more

Resolved Question: opening new business ?

I am planning to open a new business which will be an IT centre. repairs training ect..I am looking for areas with educated, high class and mostly wite british areas, an example would be greenwich. what other areas beside? also a standard retail unit in greenwich rent per month is about £1300. I am looking between £500 and £1000 more

Resolved Question: Logical reasons for opposing the Euro?

I realise that I am going to be in the minority but Britain joining the Euro is a good move. 1. The pound is not the major currency we think it is - The dollar, euro and yen are all much more important - even before the euro the duetchmark was more important. 2. We would not be ripped off changing our currency (today's business rate in the FT 1.148 - the retail exchange rates between 1.08 and 1.10 + commission) meaning egg and chips on the costa is 5% more expensive than if we where in the Euro. 3. I dont need the pound to prove I am British. 4. Pricing would stabilize for products we brought in and sold to Europe meaning businesses can effectively plan. 5. Prices across Europe could be priced more effectively 6. Our economy would grow. 7. The only power we would surrender is the right to set interest rates - which have always been lower than the UK since setting up until November - I could have saved thousands on my mortgage. Reasons against? more

Resolved Question: Question About Currency Trading And Fund Managing?

I was wondering if you would be so kind as to answer some questions for me? I have a number of friends who wish me to trade their money in the retail foreign exchange market for them and my worry is one of tax. My friends are spread out across the globe (I am in England) and my intention was to trade their accounts and for us to split fifty - fifty. Does anyone have any pointers for me? How do I go about this in as informal a way as possible? I really don't want to bring in lawyers and start an actual business. We all trust each other and they are willing to let me do this on an informal basis. I will trade their accounts and if they make money they will withdraw it and send me half. That is the plan, but what about tax? If they withdraw profits at regular intervals, do they have to pay tax on the whole amount and then send me half which I will then have to pay tax on too or do they send half right away and we each pay tax on what we receive? I really don't want to have to set up as a business and be screwed out of even more money just to give the government, so could someone in the know give me an idea the best way to progress? Thank you. more

Resolved Question: i want to start my own business.........?

I want to start my own business, its a retail project, i just don't know where to start?? I know i need a business plan but have no idea, how or where to start, i dont have the money to get one done professionally, i have got books and downloaded some guides, just wondered if anyone had any experience?? more

Resolved Question: new business start up!?

I have found a massive gap within the market place that i now know i can exploit within the retail sector. i have found some local premises and will also be creating an online website business to. my main concern is building a business plan good enough so that my bank will help me financially, or i do have the possibility of family member's investing also. can i have some thoughts/help/guidance from people who have done start-ups? I believe that within the first 12 months of trading, I could have a potential turnover of £250,000, with a net profit of £146,000. I'm now 80% complete on my business plan, I'm however worried about telling my family my plans, and also leaving a stable job to take such a risk. obviously if things did work out for me against my business plan I would be established and have made a good profit in my first year. what are you thoughts, experience form other start up people would be great! more

Voting Question: Business start-up tips & advice.?

I am starting a clothing retail business and i am planning to takeover the uk market any advice. more

Resolved Question: Import fom Hong Kong..VAT? + Retail costing? Help Please!?

I have the opportunity to be sole distributor for some fantastic new childrens toys and associated products. I have been working on a business plan for the past couple of months. Could anyone help with a couple of things I'm not sure about please. I am being given conflicting advice regarding VAT payable on a consignment from Hong Kong. I believe I have to pay VAT on CIF cost-insurance-freight. My supplier doesnt think I should be paying VAT on cost of imported goods from Hong Kong as they are coming from outside Europe. Is VAT payable on all childrens products from Hong Kong... what about childrens clothing? Also, I have quotes for shipping, duty, customs payable, but what does CAF mean? Finally,my main product should retail at between £25-£28, I would appreciate an idea of what major stores would likely to want to purchase them for before VAT added. Any help greatly appreciated. Thanku...My products are not software, but a couple of shipping quotes I have received have included CAF. Would I expect a reduction in quote for this?Not sure if I made it clear in my question,... but I'm looking for advice regarding profit margin major stores expect...(not which major stores to approach) more

Resolved Question: Does a sole trader need a business plan?

Im thinking of setting up a greeting card shop as a sole trader, there will only be me, no employees and im using my own money dont need to apply to banks so will I still need a busibess plan? Also does anyone know where theres examples of retail shops business plans on the net? Thanks more

Resolved Question: Have you had a Damascene retail food conversion?

Having been required to attend a weekend strategic management strategy weekend (Swallow Hotel Group business strategy planning weekend, all year round break) in the mistaken understanding that I was Tristram O'Vigilant, head of direction of our supermarket chain, I attended to find that moving the coffee to another, distant shelf, our store increased it exposure of it's exotic food range, to wit 'Sardine d'ouil avec lemon slice' by 26% as consumers were bamboozled by the switch in locations. I am thinking of retraining as management. more

Resolved Question: new business start-up? have found premises and am building my business plan...?

Resolved Question: Starting up a new online small business - register for vat and companies house?

Hi, My sister and I are keen to start up a small online business (retail) and its going to be more of a hobby than a big business venture. I've read up about domain names, web hosts, web builders and editors, copyrights and trademarks, etc ... the thing I am abit confused about is: 1. Do we have to register with Companies House as a requirement? Or is it not neccessery? I can't work out if they are a legal requirement? 2. Although we dont plan to earn big bucks and will likely not make over the tax allowances, do we have to register vat and add vat to out items?? Sorry if this sounds stupid. You see lots of little online stores and myspaces selling items and their prices dont look like they add tax... Thanks, CharleneI should have added - I work fulltime and already pay NI and tax ... so i would not register as self-employed as it would be something on the side, or would I?Thanks for the comments so far! As this will be a sideline hobby, we aim to spend as little as possible. I dont think we will be paying alot of tax on items because they will be focused around crafts and things we or people have made for example. Therefore, would we still have to add tax to the items we sell? I looked on the inland revenues site and its so confusing! Its says about not paying tax if your under a certain amount, but it stills implies you may still have to register??? ... I think i will buy a book as well! :-)------------------------------------------------------- Thanks, that looks great. Although I still dont understand if i am required to register in the first place or not? Cheers!_______________________________ Thanks for all your great answers, you've really helped!! xx more

Resolved Question: Question on retail business?

I am contemplating to get into the retail trade, but I do not have much experience in it. I am not planning to do THIS particular business, but let's speak hypothetically. If I plan to set up a shop selling computer products, and I sell material ranging from thumb drives and data cables to motherboards and computer casings, how much of each item do I need to order from the supplier? For example, thumb drives and floppy drives are hot items. Hence, I will most definitely need to order them in bulk. However, items such as motherboards and computer casings are not so sellable. They can only be sold to people who needs replacements. Hence, we do not need to order them so much. The same can be said of RAM cards. Therefore, are we able to only order a few pieces of motherboards or comouter casing at one time. Will the supplier entertain such requests? For example, can I only order 5 to 10 sets of motherboards at one time?If I were to order too many motherboards and I can't sell them off, I will be stuck with a lot of unwanted ware when the motherboards become outdated. The other day, due to the popularity of the book Harry Potter, my aunt ordered 500 or so copies for her shop. They sold like hot cakes. Somehow, the supplier also persuaded her to purchase an unknown children's story book, claiming they were also popular. She ordered about 100 copies and she is still stuck with them. My question is this. Can we order small quantities of a cerytain product from our suppliers? Will they entertain such orders? For example, can we order 5 DVD Rom or 5 motherboards? Will suppliers sell such small amounts? I am using computer products as an example only. Don't get the wrong idea. Thanks. more

Resolved Question: Just off to ebay for some retail therapy....What is the stupidest/most impulsive thing you bought?

mine was a food dehydrator, I had plans to go into the mushroom drying business due to a surplus market of unpicked mushrooms, based on knowladge from a Polish student who could not believe what produce we waste. The dehydrator was £120. How have you best wasted your money on ebay?I am currently reselling the dehydrator, isn' that an event? more

Resolved Question: Career advice please?

Can someone please give me some advice? I'm a store manager. I'm very good with people, but I am not brilliant at running a business, as I'm not a very practical person . My lack of assertiveness lets me down. (Yes, I know I'm in the wrong job!! I went into retail after uni because it was what I knew, and because I couldn't afford to do my PhD as planned.) I've discovered that I have a real gift for doing SWOT analysis on companies and stores... I've heard several times that mine are amongst the best that HR people have ever seen. That's all very nice, but what on earth can I do with this 'gift'?!! Sensible answers please! :) Surely there must be some aspect of retail I can go into where I can make good use of this skill.... please help! more

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The Long and Winding Road

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CiB Shop – New Beginnings

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The Eco Fee Disaster: A Case Study on how not to do Marketing and Communications

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Reflections on the first 9 months of running a small apparel company

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Chinese Firm Meets Global Branding

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Saab: 'Bright Future' and Breakeven by 2012

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Daily Business Report — July 27, 2010

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