We project our annual profits to reach $380,000 by year three.
Our company will generate revenue from the retail sale of clothing and other merchandise.
We will locate Booming Boutique in downtown Pleasantville, Florida, which is a popular retirement and tourist destination.
While our initial goal is to open one boutique, expansion plans include potentially franchising our retail store and/or building a well-recognized brand name.
Below are links to each of the key sections of your Fashion business plan: I.
Fashion Business Plans
Sell the hottest trends and fashions with your own retail clothing store or fashion boutique.We are currently seeking additional funding from outside angel investors and business loans.Start-up funds will be used for renovations, inventory and operating expenses such as rent, utilities and payroll.Booming Boutique’s first-year income statement illustrates a profit margin of at least fifty-two percent, with a net income of ,075 per month – after taxes.Finally, we have determined our break-even point will equal no less than ,500 in total monthly sales.In turn, we would hope to penetrate a sizable portion of the online retail market.The fashion and retail industry tends to be overly youth focused.However, by closely following generational fashion trends as well as our own customers’ purchasing preferences, we will tailor our inventory to meet the specific needs of our clientele. retail industry in 2007 (including food service and automotive) exceeded trillion.We will solely focus on the our styles, colors and fits to flatter the lady Baby Boomer/ Meeting the needs of her figure will be our specialty. There are roughly 75 million Baby Boomers, half of which are women.Further, most of our initial investment will also be used to purchase retail equipment and inventory software – all of which will produce future benefits for the company.A small portion of our investment will be used to create an online clothing store.