Management With over 12 years experience in marketing and retail, owner Vrootje Magen has gathered the expertise to complement and grow the business. Opportunities What are the sub-segments that are poised for future growth e.
A well thought-out business plan will give your business a greater chance at success and help you avoid common pitfalls, such as unrealistic predictions of expenses and revenue. The Executive Summary The executive summary is the first and most important section of your business plan, as it gives potential investors and decision-makers a snapshot of the types of clothes you offer, identifies the potential market for your products, lists your mission statement, your qualifications to run your retail business and details how your expertise will be an advantage in your competitive industry.
In essence, this is a formula that helps you better understand how much an average customer will spend over time. If your goal is to use the plan as a roadmap for growth, you may invest more time in it than if your goal is to understand the competitive landscape of a new industry.
Marketing plan. Getting the word out De Kliek will generate awareness and sales by utilizing PR tactics and the referral networks of personal stylists.
Templates that offer guidance—in plain language—about how to fill in each section can help you navigate sometimes-daunting business jargon and create a complete and effective plan.
We are going to explore all available means to promote our clothing store.