Bridal Salon Business Plan - Future Plans
FUTURE PLANS
In general, the product line, offerings, service, and pricing strategy will remain the same for the first two years, with the following expectations:
- After a year of doing business, some samples will be old and no longer re-orderable. These items will be significantly discounted and sold off the rack as is.
- All lines will be expanded to offer more choices, and slow moving stock will be moved from the re-orderable section to the sale rack.
- The stock will be honed to increase profitability. Research will be conducted to determine what is selling best, most profitable price points, etc.
Client surveys will be conducted. After a wedding, brides will be contacted and asked about the quality of the service, product, and selection. This information will be used to improve the shop and help me determine where to increase my efforts.
At the end of the third year, I plan to purchase my own building and expand...
[The entire page is 195 words long]
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