21 rows · Boston Rags Clothing Store will be a start-up retail men's, women's, and children's clothing Grand Opening: $2, Clothing Retail Business Plans. Some say clothing retail is dying, but that doesn’t have to be the case. Carrying the right products, delivering a personalized and efficient experience, and finding new ways to innovate can easily give you an edge when developing a clothing business. Give your brick and mortar or online clothing retail store the best chance of success with one of these sample business blogger.comted Reading Time: 1 min Nov 11, · Customers Retention Plan. The clothing industry is lucrative and provides unlimited opportunities for entrepreneurs to start businesses. If you decide to start a store, it is recommended to have a clothing store business plan to help you make the right decisions. OGS Capital has been providing business plan writing services to hundreds if not thousands of customers from all parts of Estimated Reading Time: 5 mins
Clothing Store Business Plan Sample [UPD ] | OGSCapital
There are several important needs in the western wear apparel business that are being either underserved or not met at all. Mahogany Western Business plan retail clothing is a new apparel store that caters to the African-American cowboy community in Houston, Texas.
As our name suggests our focus is to provide western wear apparel and accessories, and position ourselves as the top retail store servicing this particular market, business plan retail clothing. We are the first and only African-American owned western apparel store in the city of Houston. The primary target customer of Mahogany Western Wear will be the African-American cowboys located in the southern part of Houston, TX. As we are situated in the epicenter of their residential community we believe they will make up the largest percentage of our customer base.
The secondary target customers are the Hispanic community in the area. As the Hispanic population continues to grow rapidly in the south central area we expect to receive the patronage of Hispanics as they are very loyal to western apparel.
The last target customer of Mahogany is listed as other. As popularity about the store increases we expect to see an assortment of curiosity seekers, and local residents from the community as well as seasonal purchasers business plan retail clothing rodeo season. First, business plan retail clothing, the growing number of African-American cowboy population is concentrated heavily in the southwestern part of the city therefore leading to the highest concentration of our customer base.
Second, the growing number Hispanic community, which is a growing population in the community in which the store is located, has statistically shown to be loyal to the major western brands such as Wrangler. Last, the potential customers is labeled as "other. Our ambience and customer service will make them repeat customers.
The goal of Mahogany Western Wear is to serve the local African-American cowboy community business plan retail clothing have difficulty finding western clothes that fit their larger frames, business plan retail clothing.
We will also serve the Hispanic community which tends to have a slimmer yet shorter frame. Mahogany Western Wear plans to meet and service those needs. Millions of people business plan retail clothing the world instantly recognize and identify with western apparel.
It is synonymous with America and is a true classic. Western wear has survived many eras. Modern cowboys herd cattle in helicopters but they still wear the same jeans, boots and hats their grandfathers wore. There will always be a future for western apparel.
Within the last two years the southwestern and western look has made a comeback in the fashion industry. Mahogany Western Wear intends to use its place in the community to heighten the awareness of the African-American cowboy culture in Houston, TX. With the increase of participation by professional African-American cowboys such as five-time World Champion professional calf roper Fred Whitfield from Houston, TX more people are becoming aware of African-Americans role and contribution in the cowboy community.
Market growth is in an upward motion, despite some of the latest economic downturns in the Houston metro area. Although for the time being, Houston will mirror much of the national economy, by the second half of Houston will again business plan retail clothing positive growth as the city is predicted to add another 15, jobs. In the 12 months ending in Januarythe city posted a net gain of 7, jobs while the nation as a whole lost 1.
Houston has also been designated as the best city business plan retail clothing the U. to start a new business. For three consecutive years, Houston has ranked first in the nation in new business growth, according to American Business Information. The most recent survey shows that more than 31, new local businesses were started in Houston. Los Angeles, California was a distant second with 16, For these reasons and more, Houston is considered an economic leader in America.
Industry Week named Houston one of 12 world class cities for manufacturing and Black Enterprise has ranked Houston as the top U. city for blacks based on income potential, cost of living, proximity to employers, cost of housing and 21 quality-of-life factors. They operate 42 stores and sell basic western wear apparel and boots to the general mass market. Locating plus size clothing for women and big and tall sizes for men can be extremely difficult.
They also tend to be a bit behind the market in offering more contemporary western styles. Barbecue Hall of Famelocated approximately 9. BBQ restaurant with shopping and a prime tourist attraction. They offer an eclectic mix of old west meets new west with apparel, grills, cookware, and gift items. Turner Saddlery is approximately Turner Saddlery is a family-owned western apparel with two stores in the Houston area and one store in Conroe, TX.
Their customer base tends to be more upscale as they carry more of the high end western labels such as Saddle Ridge and Lucchese. They have few plus sizes for women and big and tall for men. Also, Turner Saddlery does very little advertising and promotion.
Your business plan can look as polished and professional as this sample plan. It's fast and easy, with LivePlan. Don't bother with copy and paste, business plan retail clothing.
Get this complete sample business plan as a free text document, business plan retail clothing. Download for free. There is a need for a large assortment of sizes to compliment the various body shapes and sizes of the ethnic community.
This is a size segment that is missing throughout the larger western wear apparel retailers in the city. Because of the high rate of employee turnover at major mass retailers, customer service and personal detail has been lost. Our Solution Mahogany Western Wear is a new apparel store that caters to the African-American cowboy community in Houston, Texas. Market Segmentation We have three particular market segments that we plan on catering to: First, the growing number of African-American cowboy population is concentrated heavily in the southwestern part of the city therefore leading to the highest concentration of our customer base.
Target Market Segment Strategy The goal of Mahogany Western Wear is to serve the local African-American cowboy community that have difficulty finding western clothes that fit their larger frames. Both of these markets are underserved in the major western retailer outlets. Market Needs There are several important needs in the western wear apparel business that are being either underserved or not met at all.
Mahogany will provide a large assortment of sizes to compliment the various body shapes and sizes of the ethnic community. Market Trends Millions of people around the world instantly recognize and identify with western apparel. Market Growth Market growth is in an upward motion, despite some of the latest economic downturns in the Houston metro area.
Our Advantages Our key advantages that make us better than the competition are: Carry an assortment of sizes to fit the more ample frames of their African-American target customer base. Provide customers with top notch personalized customer service in an atmosphere of southern hospitality. Advertise and promote in areas that business plan retail clothing target customer base will learn about our store.
Continuously review our inventory and sales and adjust our inventory levels accordingly. Keys To Success Keys Business plan retail clothing Success In order to succeed in the western wear apparel industry Mahogany Western Wear must: Carry an assortment of sizes to fit the more ample frames of their African-American target customer base.
Start your own clothing retail business plan Start your own business plan Start planning. Get the Bplans newsletter: Expert business tips and advice delivered weekly. Plan, business plan retail clothing, fund, and grow your business. Plan, fund, and grow your business Easily write a business plan, secure funding, and gain insights.
Start your plan.
2. How Do You Write a Fashion Business Plan? - #BoFEducation
, time: 11:55Clothing Line Business Plan - Free Template for Retail Clothing Store
21 rows · Boston Rags Clothing Store will be a start-up retail men's, women's, and children's clothing Grand Opening: $2, Nov 08, · Your clothing retail business plan doesn’t need to be hundreds of pages—keep it as short and concise as possible. You’ll probably want to include each of these sections: executive summary, company summary and funding needs, products, market analysis, strategy and implementation plan, management team, financial plan, and appendix. Here’s an example of a clothing retail business plan Estimated Reading Time: 3 mins Nov 11, · Customers Retention Plan. The clothing industry is lucrative and provides unlimited opportunities for entrepreneurs to start businesses. If you decide to start a store, it is recommended to have a clothing store business plan to help you make the right decisions. OGS Capital has been providing business plan writing services to hundreds if not thousands of customers from all parts of Estimated Reading Time: 5 mins
No comments:
Post a Comment