Skate shop business plan
Gear retail business skate shop is a new apparel, shoe and skateboarding shop that caters to the youth and young adults in the salem/suburb community. We expect to be, and will strive to position ourselves as, the top retail store servicing this particular are the first and only skateboard shop in the city of suburb. Our market research within suburb has indicated that local skaters are frustrated with current retailers in the nearest cities. Our intentions are to obtain 80% market share and become a central hub of shopping activity for the local skateboarding population, as well as for others who would enjoy wearing the latest trends and fashions. Ollie casperflip holds a masters degree in administration, and has been an avid skateboarder since the age of 14. In addition to raising their own son (a former skateboarder), the casperflips' work in the foster-care agency brought them into daily contact with children or parents in that age conservative sales forecasts, based on solid market research, will yield a net profit over $6,000 in the first year, increasing to almost $20,000 in year three. To support this plan and set it in motion, the owners are contributing $5,600 in cash, and another $1,200 in short-term assets. We are seeking an additional $50,000 in short-term loans, to be repaid over three years, to cover our start-up recommend using liveplan as the easiest way to create graphs for your own business your own business 's mission is to provide the highest quality, cutting edge, and newest merchandise in an industrial-chic atmosphere where they can meet, socialize, and learn from each other about the latest trends and moves. Our intention is to enhance the skateboard culture in our communities, by promoting drug-free and violence-free events in our has established three firm objectives it wishes to achieve in the next five years: four stores located in superb retail areas by the end of year five. Net after-tax profit above 15% of your own business plan »your business plan can look as polished and professional as this sample plan. Just wrote my first business plan in 24 hours using liveplan and it's beautiful and complete. With 500 complete sample plans, easy financials, and access anywhere, liveplan turns your great idea into a great plan for more about research reports for miscellaneous retail d business sport complex business plandance studio business planyouth sports nonprofit business fitness center and sports plansmore sports and recreation 't bother with copy & can download this complete sample plan as a text document for the #1 business planning software risk-free for 60 contract, no risk. Gear retail business gy and implementation 's goal is to provide specialty apparel, shoes, boards (skateboards, snow boards, etc. This particular population of customers is intention is to gain 80% of this market share by focusing on our niche positioning, neighborhood location, popular brands, and special offers an enhanced shopping experience, while being competitively priced and keeping up with the latest trends of the world wide market. These sponsored youth will distribute 10% off business cards while they skate at local skate parks throughout oregon.
Burly plans to provide beginning lessons at a future develop good business strategies, perform a swot analysis of your business. Initial marketing will begin with flyers and leaflets in the skate park for two months before we open, to alert our potential customers to our new store. Our grand opening, in may, will include discount prices, and we will give away discount cards to the first 50 customers that marketing programs include radio spots, ads in the local high school newspaper, and leafletting around other high schools and skate parks in the salem will utilize the retail pos software with every sales transaction. We expect sales to start off slowly but increase extensively during the summer skateboard season. We also expect to see increased sales during the christmas holiday shopping season and the winter snow boarding season. As we build name recognition and status in the community, we expect to gain a larger percentage of the market share and increase our customer base, and consequently see an increase in on research into other skateboard and snow board retailers, we expect cogs at 45% of retail prices for all recommend using liveplan as the easiest way to create graphs for your own business your own business recommend using liveplan as the easiest way to create graphs for your own business your own business /hardware//hardware/al direct cost of real financials? Recommend using liveplan as the easiest way to create automatic financials for your own business your own business accompanying milestone chart highlights our plan with specific dates. This schedule reflects our strong committment to organization and recommend using liveplan as the easiest way to create graphs for your own business your own business your own business plan »your business plan can look as polished and professional as this sample plan. The financial sales forecasting tool is very intuitive and makes writing a business plan more fun. With 500 complete sample plans, easy financials, and access anywhere, liveplan turns your great idea into a great plan for more about research reports for miscellaneous retail d business sport complex business plandance studio business planyouth sports nonprofit business fitness center and sports plansmore sports and recreation 't bother with copy & can download this complete sample plan as a text document for /hardware//hardware/al direct cost of the #1 business planning software risk-free for 60 contract, no risk. Built for entrepreneurs like business plans:Aftermarket skate store business ss plan pegasus sports international. Our present plan is to utilize the borrowed money for the first year's operating expenses, with cash inputs on a monthly basis. Upon receiving our loan, we would like to incorporate the business, as this will protect our company, investors, lenders, products, and stockholders. We expect income to reach $473,000 the first year, $1,104,000 the second year, and $1,699,000 the third fulfill the aftermarket skate accessory demand with top quality develop and manufacture skateraids by december develop skate tours by spring reach sales of $473,000 by the end of our first year in business, and reach sales of $39,000 break even by the end of the first year in encourage our customers to live healthy lives by making skating more fun and convenient for offer skaters support through our website, such as interviews with dr. Kaye, podiatrist, with answers to skater-specific foot develop a solid e-commerce market and to maximize our profit margin.
We make full retail profit through s sports international is planning on fulfilling the need for skating aftermarket products, a market we have identified, based on the large volume of skates that have been sold in the last five s sports international will establish a service network for in-line skaters by providing products that help people incorporate more skating into their daily lifestyles. Our goal is to:Expand skating as an alternative to driving to do local a network of skating enthusiasts with an emphasis on health and encourage skatesailing as a new international develop skateaids and other new ping quality in-line skating accessories through feedback from ping a niche market for our unique skating zing profits by selling through the internet at full retail ining low overhead costs by monitoring and scheduling ping a network with other businesses and experts, such as podiatrist and skater dr. Kaye, through interviews published on our s sports international was conceived by skaters who can devise practical ideas and designs for in-line skating accessories. Being avid health and fitness advocates, we promote in-line skating as a products make the trip to the local store or coffee shop easier and an enjoyable way to get exercise. This will eliminate the stress of driving in traffic and having to search for main problem skaters encounter is poor fit. Primarily, the money has been for materials for prototypes, product development, trademark acquisition, rental equipment, operating and administrative costs, and establishing a receiving our loan for the first month, we plan on heavy advertising through the internet, skating publications, and on-site events such as skating start-up costs are shown in the following & computer ch and start-up -up assets short-term short-term start-up requirements:Start-up funding g. We will find a larger site as the business have manufacturers lined up to subcontract our large production jobs. We plan to produce products on a monthly basis to cut our need for a large inventory s sports international now offers several products:The first product we have developed is bladeboots™, a cover for the wheels and frame of in-line skates, which allow skaters to enter places that normally would not allow them in. Bladeboots™ come with a small pouch and belt which converts to a well-designed skate second product we have invented is our skatesails. Feedback that we have received from skaters indicate this could become a very popular sport. Trademarking this product is currently in third product will be referred to as skateaid and will be in production by ideas for products are under development, but we must hold back until we can protect ourselves through pending patent oots™ are made from cordura, a nylon composite cloth that is extremely durable. Bladeboots enable the skater to enter places that normally don't allow skates while wearing their skates. The manufacturing cost is $100 and retails for $350 to $500, depending on are developing skateaids, a new product that we feel has a large potential in this market. This product is in its advanced development stage so a pending patent and trademark have been applied fourth product is a service: skate tours. We are currently working out details with terry's café, a skate outlet shop on santa monica beach, and a major skate manufacturer.
This tour will take skaters out to sail with itive products are unique in the existing skate accessory market. Our ideas come from listening to what other skaters have to 1999, we are developing a company brochure which will include our are targeting our market by focusing on internet sales. A large portion of our advertising budget will be used for internet advertising such as banners and site-promoting also plan on a mass postcard mailing media blitz to skate shops and to advertise in most of the major in-line skate magazines by spring venice, california, location is ideal, since venice is considered the center and birthplace of roller skating. Major local skate shops in the area are now carrying our supplier for cordura is the major distributor on the west coast. Our skatesails are made of aircraft-quality aluminum, the lightest and strongest of sail have already designed the next two generations of sails, and this should keep us ahead of any spin-off products that will try to copy are constantly talking with skaters in order to develop unique products. This product is being developed with the aid of a foot doctor who is also an avid analysis 31 million skates sold and no support products available, we have an opportunity to reach a market of approximately 26 million recreational and fitness is now a growing trend towards fitness skating. Our aim is to expand this market by promoting skatesailing, a new sport which is popular at both santa monica and venice beach in sporting goods manufacturers association survey indicates that in-line skating now has more participation than football, softball, skiing, and snowboarding combined. These groups are gearing themselves towards health and fitness, and combined, they can easily grow to 85% (or 26 million) of the market in the next five market segment target market is the recreational skater and the health and fitness enthusiast. This segment can be reached over the internet and through skate magazine plan on developing the skate shop market through an inexpensive postcard oots™ and skatesails are now sold at the two major skate shops in santa monica and venice, california. Years of college education, an average household income of $52,600, and 71 percent skate on four-wheel in-line recognize the need for accessories for the growing market of promote skatesailing as a new sport by providing excursions to wide open areas. A major skate company is willing to lend us the new large-wheel skates for our skatesailing excursions. The sheer number of existing skates purchased has created a whole new market for products to help increase the life of have learned what skaters need for accessories by interviewing experienced skaters. Skating is fun and a great cardiovascular workout at the same will distinguish ourselves by marketing products not previously available to skaters. The emphasis in the past has been to sell skates and very few replacement number of skaters is not restricted to any one single country, continent, or age group, so there is a world market. We have products for virtually every group of fastest growing segment of this sport is the fitness skater.
Bladeboots will be aimed at the recreational skater, the largest segment; however, skateaids are great for is one more way the sport of skating will grow, and that is through skatesailing. More and more groups are getting together on skate excursions in cities all over the world. The market trends are showing continued growth in all directions of the price of skates going down due to competition by so many skate companies, the market has had steady growth throughout the world, with 22. This will maximize our internet is probably the best communication medium for skaters all over the world, and we believe this is the best way to retail our products. The sales on the world wide web are now over $28 billion, as quoted by forrester research, in ry number of skate companies is very large as many shoe companies have joined in; however, the major and biggest companies are rollerblade®, roces®, solomon®, and k2®. None of them address the problem of entrance to areas that will not allow you to enter while wearing skates, and those products are for the most part bulky and impractical to skate bution plan on shipping our products using express mail at the u. While there are a few companies that do make sails and foils that a few skaters are using, ours is the only one that is truly designed for and by skaters. Our few competitors' sails are not designed for skating, but for windsurfing or for skateboards. We have the reputation and experience that has gained respect from some of the most skilled skaters. We remain close to the skating community through contact with the local skate shops and by giving lessons. Close contact with the public has put us in a unique position to be able to get feedback from skaters of all types on our products and ideas, designed for pegasus sports international our emphasis is on quality at a fair price. We develop our products for all skaters, but some of our products are more segment-specific, such as our skatesails which are more for the experienced to expert skater. Percent of the entire market, but this is roughly 7 million company's competitive edge exists because we are the only company addressing the needs that have resulted from the extensive sales of in-line skates. We will be more than glad to discuss in length some of our future confidential plans, upon key to our marketing strategy is focusing on the speed, health and fitness, and recreational skaters. We can cover about 80 percent of the skating market since we produce products geared towards each speed and fitness skaters are an average age of 34 years old with a salary of about $54,000 a year and an average of two years of college.
We are in the process of designing more advanced safety equipment that is well-suited for skate sailing, in the bladeboots™ and skateaids are items that can be useful to all segments of the oning design our products for the skaters who depend on their skating products to be well-designed and practical. We want to help lengthen and improve the life of our customers' investment—their present skate companies concentrate on new skate sales with no support for products already sold, and that is our s sports' products are priced to encourage the customer to impulse buy, experiment, and repeat ails are priced from $350 to $500. And skateaids for $ long-range goal is to gain enough visibility to expand the product line into other industries and other regions, and to generate inquiries from potential inventors. To do that we need $50,000, or a line of also plan on promoting our goods at various skating races held throughout the bution plan to enter the now extensive specialty skate shop market with skateaid. We feel this is the competitive edge skate shops need to compete with the large chain discount distributors. The additional products, such as bladeboots™ and skatesails, should also help stimulate skate shop nine months, we will gear sales towards the skate shops with skateaids. Through retail skate shops, we will increase our lity will be very important, and we will gain exposure at skate racing events. We will target our advertising through the major in-line skate magazines and on the feel that our sales forecasting is conservative. We plan to capture the impulse buyer market, which makes up 80 percent of all internet ation between pegasus sports international and the local skate shops in both venice and santa monica, california, is very good. We hope that our growth will be mutual, since some of our products are designed for the skate terry's café in santa monica is situated in a parking lot, where skate sailing can be taught and skatesails can be sold, this can be our home site where we also can arrange the skate sailing m. Chavez will concentrate on sales and promotion, teaching skate sailing lessons in addition to overseeing product m. He has worked as a designer of skate products in the past for companies such as zflex, dog town, and cheap skates. For the last three years, he worked selling skates at local skate shops and has developed a feel for skaters' needs and market trends. Beth will receive 10 percent of pegasus sports international personnel plan calls for increasing headcount by one more employee by april 2000 since an increase in forecasted sales necessitate more administrative aim is to increase salary and compensation in line with a projected increase in sales and profits. The present personnel cost figure is subject to change as business demands goal is to borrow $50,000 for 10 years.
Our present plan is to utilize the borrowed money for the first year's operating capital, with cash input on a monthly basis. Our ability to schedule production from month to month will help to control inventory tion is not a problem, since we will be credited payment to our bank account in two days by american merchant center for all our credit card sales over the ant financial plan depends on important assumptions, most of which are shown in the following general assumptions table. The key underlying assumptions are:A slow-growth economy, without major unforeseen changes in technology to make our products immediately to equity capital and financing sufficient to maintain our financial plan as presented in this -term interest rate %. However, by october 1999, we will initiate skate shop sales and experience an approximately 30-45 day average payment delay. Our present plan is to utilize the borrowed money for the first year's operating expenses, with cash input on a monthly basis. In accounts in other short-term ted balance shown on the balance sheet in the following table, we expect a healthy growth in net worth to more than $1,664,260 by the end of the third ted balance short-term short-term lated long-term ities and short-term al short-term -term liabilities and rd business ratios are included in the table. The ratio shows a plan for balanced and healthy ability ratios:Accts payable -term liability to t debt/total page left intentionally blank to accommodate tabular matter ted balance short-term short-term lated long-term ities and short-term al short-term -term liabilities and in accounts t borrowing (repayment). Consultants operating before interest and st expense st expense al direct cost of enable javascript to view the comments powered by ts powered by your own business plan ». Gear retail business is organized as a partnership between nollie and ollie will be located at 1234 skate rd. N, suburb, oregon, with the suburb central chariots bus stop on the corner, approximately three blocks from the suburb skate park, in the highly trafficked school house square mall. Burly will be the only skate shop in suburb, hours of operation will be monday - thursday 11 a. The majority of the company's assets will reside in purpose of this business plan is to secure a $50,000 small business loan. This supplemental financing is required to work on site preparation, inventory, and operational owners' cash investment of $5,600 will be applied towards any required qualifications for small business loan and will be applied towards the start-up cost. 1,sful operation and building a loyal customer base will allow burly to be self sufficient and profitable at the end of one recommend using liveplan as the easiest way to create graphs for your own business your own business ch and ies/phone/pos start-up real financials? Recommend using liveplan as the easiest way to create automatic financials for your own business your own business -up expenses to -up assets to funding -cash assets from requirements from onal cash balance on starting ities and -term ts payable (outstanding bills).
Ollie casperflip holds a masters degree in administration, and has been an avid skateboarder since the age of your own business plan »your business plan can look as polished and professional as this sample plan. With 500 complete sample plans, easy financials, and access anywhere, liveplan turns your great idea into a great plan for more about research reports for miscellaneous retail d business sport complex business plandance studio business planyouth sports nonprofit business fitness center and sports plansmore sports and recreation 't bother with copy & can download this complete sample plan as a text document for ch and ies/phone/pos start-up -up expenses to -up assets to funding -cash assets from requirements from onal cash balance on starting ities and -term ts payable (outstanding bills).
