My Business Plan: Sewing My name: Ying Thao. Type of business I will make a small sewing business. In the Hmong Village.

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Presentation transcript:

My Business Plan: Sewing My name: Ying Thao

Type of business I will make a small sewing business. In the Hmong Village.

Product or Service I will sell Hmong clothes for adults. I will sell Hmong clothes for adults.

Hours of Operation Open every day 7 day a week. Open every day 7 day a week. Mon to Fri 1:00p.m.to 8:00 p.m. sat to sun 1o:00 a.m to 8:00 p.m. Mon to Fri 1:00p.m.to 8:00 p.m. sat to sun 1o:00 a.m to 8:00 p.m.

Why this business? I like this business because a lot of Hmong people come Hmong Village. I like this business because a lot of Hmong people come Hmong Village.

Location Where: The location will be in St. Paul. Where: The location will be in St. Paul. Own/Lease: I will lease. Own/Lease: I will lease. Description: One store in Hmong Village. Description: One store in Hmong Village. Neighborhood: I want to be in the Hmong Village. Neighborhood: I want to be in the Hmong Village. Why this location: Because it near my home. Why this location: Because it near my home.

The Industry Description: I am retail. Description: I am retail. Future projections: salespeople percent growth 7.1% average Future projections: salespeople percent growth 7.1% average

The Market Customers: I think Hmong women will use my business. Customers: I think Hmong women will use my business.

Competition What/Who: No one has the same products as me. What/Who: No one has the same products as me.

Strategies Why customers will choose my business: Why customers will choose my business: Because, I have good price or know how to talk with them. Because, I have good price or know how to talk with them.

Advertising How customers will learn about my business: People will learn about my business from me or my family. How customers will learn about my business: People will learn about my business from me or my family.

Management Manager: I will manager. Manager: I will manager. Experience: I have 15 years experience. Experience: I have 15 years experience. Responsibilities: The manager will be in charge of planning, training, buying, money. Responsibilities: The manager will be in charge of planning, training, buying, money.

Personnel Number of employees: o Number of employees: o Search: NA Search: NA

Financials Needs: I need $4,000 for rent. I need $15,000 for supplies. Needs: I need $4,000 for rent. I need $15,000 for supplies. Fund sources: I have $15,000 in my saving. Fund sources: I have $15,000 in my saving.

The End