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Jennifer Raney Herriage

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Retail Discount Store Business Plan

March 3, 2023 By JamesCall Leave a Comment


Retail Discount Store Business Plan


Opportunity

Solution

We are the solution. The dollar store.

Market

We expect sales growth to continue as consumers discover that there are many quality items at affordable prices. Our pricing is designed to encourage quantity buying and will appeal to consumers with fixed budgets.

Our target market is the Bend and Redmond communities with lower incomes. This includes students, seniors, working-class people, and those who are price conscious and want to get the most for their money.

Concurrence

Consumers demand quality customer service, fair pricing, and a convenient location.

Competition is very tough with customer service and location key components. It is very important that the store has the right selection of merchandise.

Why Us?

The Dollar Store provides a variety of interesting merchandise options at bargain prices. Dedicated to customer service the Dollar Store will give its patrons the kind of service that is respectful and prompt. The Dollar Store employees will be treated professionally and given fair compensation. Dollar Store wants all customers to feel they are getting Fifth Avenue treatment, but at a fraction of the cost.

Expectations

Forecast

The Dollar Store is able to open and sustain operations throughout the first year. Due to their large capital investment, the owners will be able to offer a unique, innovative store that caters for the needs of those with low incomes like the elderly and those living in Bend. The successful operation of the Dollar Store will provide a customer base that will allow it to be self-sufficient.

Financial Highlights by Year

Finance is required

As follows:

Ted Brinkman $60,000

Jim Spencer $40,000

Additional $20,000


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Filed Under: Businnes Plan Tagged With: discount, retail, store

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“I have both bought and sold properties from Jennifer and I can highly recommend her without any reservation.  She is uniquely qualified due to her vast experience in not only the marketing of homes but also all aspects of ownership.  The result is a professional that adds value to the client beyond the associated cost of representation.” 
- Dean Lontos

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About Jennifer

Unlike many who get into the field, real estate has been the only career for Jennifer Raney Herriage, who has excelled in serving clients for over 20 years.  Having grown up in a real estate family, Jennifer was first inspired by her mother, a broker … Read more...

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