Business Plan for Drake’s Western Outfitters OWNERS: Colton Drake Muhammad Thanvi Reina Cruz Damond Jackson Eduardo Camacho Drake’s Western Outfitters 14360 NE 23rd St Choctaw, OK, 73020 405-390-2201 405-390-2275 drakeswesternoutfitters@ gmail.com I. Table of Contents I. Table of Contents………………………………………………………………..2 II. Executive Summary……………………………………………………………..3 III. General Company Description………………………………………………….4 IV. Products and Services…………………………………………………………..7 V. Marketing Plan…………………………………………………………………..10 VI. Operational Plan………………………………………………………………...21 VII. Management and Organization………………………………………………… VIII. Personal Financial Statement…………………………………………………... IX. Startup Expenses and …show more content…
Drakes Western Outfitter will be a partnership comprised of five people, meaning that each person will have 20% ownership in the business. The five people in the partnership are Colton Drake, Muhammad Thanvi, Reina Cruz, Damond Jackson and Eduardo Camacho. Each person brings a unique set of skills to the business and therefore we decided to make a partnership to increase our profitability. As a brand new business starting out we are each investing $5,000 and will be applying for a SBA (7a) loan. The loan is going to be used to cover our startup cost, which will be explain in greater detail in Startup Expenses and Capitalization. The loan will make our business more profitable because it will allow us to advertise and purchase inventory, two very important aspects of a business. III. General Company Description Our business will be in the retail business for western apparel. We will be selling everything from head to toe western. To establish Drake’s Western Outfitters as premier western outfitter in the in the city of Choctaw while maintaining respect for the customers value. The following guidelines will help us measure the appropriateness of our decisions: • Provide a great work environment and treat our customers with dignity and respect. • Welcome diversity as a opportunity to grow. • Only sell the highest quality of
The purpose of this business plan is to raise enough money to open and run a
The business plan is intended solely for informational purposes to assist you with a due-diligence investigation of this project. The information contained herein is believed to be reliable, but the management team makes no representations or warranties with respect to this information. The financial projects that are part of this plan represent estimates based on extensive research and on assumptions considered reasonable, but they are of course, not guaranteed. The contents of this plan are confidential and are not to be reproduced without express written consent.
P&R Ski and Snowboard Shop will stock a range of ski clothing, footwear and equipment.
Harlem Shake has a wonderful retro vibe to its interior and some very tasty food. The restaurant’s motto is “Serving burgers, shakes, and good times, the Harlem way.” The restaurant is open seven days a week, and offers brunch, lunch, and dinner on a daily basis.
The Brilliant Shining Star Baby Boutique, is a Sole Proprietorship who seeks to be a premier unique seller of baby clothes globally. Focusing in the North Fulton area of Atlanta. My Brilliant Shining Star Baby Boutique needs financial resources to meets its export/import inventory quantity necessities to ensure effective operation. By capitalizing on my businesses global potential my company will reach many diverse consumers. My Brilliant Shining Star Baby Boutique will secure commercial loans with Small Business Administration (SBA). In addition, I will retain additional financial support from Personal Resources $65,000.00 of my $100,000 savings will be invested into my business, along with money from my sister’s home equity. The Brilliant
There are (3) reasons why I have chosen energy drinks as my NAB. First off, there is a growing market for energy drinks. Red Bull and Monster Beverage Corporation, together, form over 80% of domestic energy drinks volumes by estimates. Dollar sales for energy drinks grew almost 6% to $6.67 Billion in measured channels in 2013, which propelled sales growth for convenience stores (Team, 2014). A growing thirst for caffeinated “energy” drinks, which include the likes of Red Bull, Monster, and Rock star, has spurred a heart-thumping surge in sales. Globally, the energy drink industry has gone from a $3.8-billion business in 1999, to a $27.5-billion
The rapid success of Under Armour is not a mistake. The company dominates the performance apparel category. According to Founder Kevin Plank, “The mission of Under Armour is to make technically advanced products that are engineered with superior fabric construction, to provide proven innovation available to the masses-aimed at making athletes perform better” (UnderArmour.com). Under Armour uses many marketing initiatives including athlete endorsement, product placement, and popular culture which illustrates the success of Under Armour.
Opening a new retail business can be daunting to say the least. The entrepreneur accepts full responsibility for development and management, including the risks and rewards. Many businesses do not survive to see their fifth anniversary since business owners fail to develop an effective business plan (Haag, 2013). The key to the success of a business is writing a business plan down first, when preparing to open a business, it emphases on the main areas of concern and will be the core support of a successful business. There are many obligations that must addressed before opening up to the general public and this paper will discuss the steps that need to be taken from the beginning until the grand opening of a fictional retail store, Savvy Chic Apparel. These obligations and steps will include financing options, location strategies, merchandising plans, staff recruitment, preliminary training, product selection, store management considerations and advertising media budgets.
Dress Me Up 's competitive edge is its focus on the process than on product. The website is just the endpoint of an entire marketing program to drive customers ' interest in Dress Me Up. Though we have confidence in the quality and attractiveness of our products, we know that building the road to the website is our most important job. We will introduce a new clothing measurement feature that is fun to use and will reduce customers confusion on how the clothing will fit. This will increase customer satisfaction and reduce returns.
Confidentiality Agreement The undersigned reader ac knowledges that the information provided by _______________ in this business plan is confidential; therefore, reader agrees not to disc lose it without the express written permission of _______________. It is ac knowledged by reader that information to be furnished in this business plan is in all respec ts confidential in nature, other than information which is in the public domain through other means and that any disc losure or use of same by
Mustard Boutique is an upscale women’s clothing boutique that will open in June this year. Mustard means “If you have faith the size of a mustard seed, you will say to this mountain, ‘Move from here to there,’ and it will move; and nothing will be impossible for you.” Mustard boutique selections and exclusive personal style services, which include a detailed Style Assessment, will ensure that our customers are well dressed. Mustard is a woman-owned business organised as a Sole Proprietorship.
The first Buster’s Store was set up in 2007, a 1,000 square feet store located in the lobby of Empire Centre in Kennedy commercial district. This store is solely owned and managed by Lydia Chan. With fully focused and correct business strategy,
EGL established in 1986 in Hong Kong by the number of those who are familiar with Japanese culture and tourism. The business in the early stage is mainly focus on serving the Hong Kong tour that travel in Japan. Those founders adhere to “honestly”, “Customer-oriented “and “improving the service continuously” as their aim in developing their business. They provide a unique staff training activities, leading to the heart of all employees providing quality personal service to customers. And they emphasis their product are value for money.
Xpress Laundry Service is a laundry service designed to save Xavier University students the one commodity that they can never get more of: time. The average student wastes an average of 1 ½ hours in the laundry room either weekly or bi-weekly. This unproductive use of time has created a strong demand among Xavier resident students for a company to take this burden of endlessly washing and folding clothes off of their hands. Xpress Laundry Service seeks to meet this demand by providing a much needed high quality service to these students at a fair and always low price.
A small business with no revenue, no track record and no sales screams high-risk. Luckily, there are other pockets to pick to help your small business get the financing it needs to grow and thrive .In these essay want to explain about other potential sources of financing for Jacqui LLC . And I explain about the advantages and disadvantages of using equity capital and debt capital to finance a small business's growth. And I give for Jacqui Rosshandler to investment offer from Arthur Shorin.