Today's Top TipOnline business plan scams are alive and doing very well. There's even a new wrinkle: the "crowd funding". Trust me, no one makes money but the promoters in this scheme.
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Accentuate your business strengths in this clothing store business plan, whether that strength is in buying savvy or industry connections.
Building On Your Strengths In Your Clothing Store Business Plan
Clothing stores, especially women's clothing stores, have the highest failure rate among all industries. Bankers say this is because owners may know style, but they don't know business.
So give the banker what he wants: Information on your business expertise.
Your best bet is to focus on two sections in your clothing store business plan:
Biographical Summary. Really build a strong page demonstrating your business knowledge, and so the same for any other key person in your business.
Marketing Plan. Here is where you show that you know how to sell, how to identify your core clientele, how to have backup plans in place for unexpected events. Do it well and you will be way far ahead of most retailers.
A clothing store is not the easiest type of store to fund. To put yours in the "yes" category, here are the three things you need to get you on your way:
| Your workbook.
Over 90 pages, with step by step tips.
| Your business plan template,
a MS Word doc.
|Excel spreadsheets, for your financials.|
In the midst of planning your clothing store business, the promotion, the products, the staffing, the build out ... in the midst of all of that comes your financing.
There's the core info that needs to be in your business plan ... And lots more! All in the 7 steps to creating clothing store business plans.
It just doesn't get any better than that.
Give me a stock clerk with a goal and I'll give you
a man who will make history. Give me a man with no goals and
I'll give you a stock clerk.
JAMES CASH (J.C.) PENNEY, founder of JC Penney.
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