Thursday, February 21, 2013

New Business Idea

Start up plan:
The loot is a multi brand, multi localization discount chain offering customers a wide point of products in apparels, footwear and accessories for men, women and kids with discount ranging between 25% to 60% throughout the year on top national and transnational brands to meet the aspiration of the common man at an cheap price. We are among the pioneers in organizing a disorganized surplus trade with professional management. We are also offering online shop forwardness plus online auction.
Business model:
Sale to stores
Sourcing from low price manufacturers and retail them as private brand
Sourcing surplus products from national and world(prenominal) brands
Centralized warehouse
Procurement

Companys location:
We bring main market Model Town, Gujranwala for our loot store. As this is a central point for people where families come for entertainment and shopping. later(prenominal) on we will target larger cities of Pakistan.
Survey and want:
Gujranwala is a city where mostly people come for shopping purpose.

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People always want to try something new; people are now more conscious about brands and standardized to wear branded products but they want such products at low cost.
Steps in Decision making for investment:
Any decision which need high investment, need license from all the partners or investor. But for other expense finance manager is authorized to take decisions.
Project Cost:
This consider is almost cost 20, 00,000. And this money would be used for the maintenance, procure of raw material, furniture, licenses and insurance cost etc.
Initial Assets required:
Building
piece of furniture for store
Display racks
Sofas
Trial rooms
SWOT Analysis:
Strength:
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