Retail Business Plan

Retail Business Plan-11
Total start-up expense (including fixtures, equipment, and grand opening) is ,743. With the owners' investment of ,299, the amount of additional start-up funds needed are ,444. We estimate our inventory to turn over 8 times a year.The details are included in the following chart and table. Starting inventory will be ,000 with the markup of up to 100 percent.It will be located at 423 West Oaks Boulevard, near downtown Hartford, Connecticut.

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People like to buy clothing pieces and accessories to continue wearing clothing that would be out-of-date otherwise.

Boston Rags will also cater to all types of customers and for all occasions other than routine shopping.

Boston Rags will set the pace for urban fashion for all seasons.

Last year's outfit will be accessorized to be this year's outfit.

The name is registered in Hartford County under an assumed name.

Boston Rags Clothing Store's primary goal is to find customers and keep them coming back.

Customers will save money from having to buy a complete outfit by just purchasing pieces.

They will also enjoy shopping in stores that are well inventoried and serviced-minded, such as Boston Rags.

Examples: Wives buying gifts for their husbands, friends buying gifts for their friends, etc.

Boston Rags's store will be a source of wearable gifts.


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