Business Plan for Mustard Boutique
Executive Summary
Overview
Mustard Boutique is an upscale women’s clothing boutique that will open in June this year. Mustard means “If you have faith the size of a mustard seed, you will say to this mountain, ‘Move from here to there,’ and it will move; and nothing will be impossible for you.” Mustard boutique selections and exclusive personal style services, which include a detailed Style Assessment, will ensure that our customers are well dressed. Mustard is a woman-owned business organised as a Sole Proprietorship.
Clothing for stylish women
Mustard will carry Ready-to-Wear (RTW) designer and casual/contemporary apparel and accessories for women, and will be the exclusive Korean style.
Unique & innovative
Boutique will provide services such as Style Assessments, alterations and personal shopping. There are stylist who are trained within the image industry will be available to customers on a daily basis is to help women develop their personal styles will enhance our reputation as a truly unique boutique.
Getting the word out
Mustard will generate awareness and sales by utilizing PR tactics and the referral networks or personal stylist. Mustard will meet our customers where they are, focusing on how women approach shopping.
Management
With over 12 years experience in marketing and retail, owner Teo Wen Gin has gathered the expertise to complement and grow the business.
Finance
Start-up costs include inventory for the first month, and are estimated at RM132,700 of which the owner will inject 31.4%. Current owner investments are documented at approximately RM41,700, of which RM12,700 is in savings and checking. An additional injection of approximately RM8.700 will occur by June 27 of Year 1.
Annual gross sales are projected to grow from RM513,000 in the first year to over RM600,000 by Year 3, with approximately 10% from customer special orders. Net profits are expected at approximately 6% through 2007, with reinvestment of
Overview
Mustard Boutique is an upscale women’s clothing boutique that will open in June this year. Mustard means “If you have faith the size of a mustard seed, you will say to this mountain, ‘Move from here to there,’ and it will move; and nothing will be impossible for you.” Mustard boutique selections and exclusive personal style services, which include a detailed Style Assessment, will ensure that our customers are well dressed. Mustard is a woman-owned business organised as a Sole Proprietorship.
Clothing for stylish women
Mustard will carry Ready-to-Wear (RTW) designer and casual/contemporary apparel and accessories for women, and will be the exclusive Korean style.
Unique & innovative
Boutique will provide services such as Style Assessments, alterations and personal shopping. There are stylist who are trained within the image industry will be available to customers on a daily basis is to help women develop their personal styles will enhance our reputation as a truly unique boutique.
Getting the word out
Mustard will generate awareness and sales by utilizing PR tactics and the referral networks or personal stylist. Mustard will meet our customers where they are, focusing on how women approach shopping.
Management
With over 12 years experience in marketing and retail, owner Teo Wen Gin has gathered the expertise to complement and grow the business.
Finance
Start-up costs include inventory for the first month, and are estimated at RM132,700 of which the owner will inject 31.4%. Current owner investments are documented at approximately RM41,700, of which RM12,700 is in savings and checking. An additional injection of approximately RM8.700 will occur by June 27 of Year 1.
Annual gross sales are projected to grow from RM513,000 in the first year to over RM600,000 by Year 3, with approximately 10% from customer special orders. Net profits are expected at approximately 6% through 2007, with reinvestment of