Sports Men and Women Students Tourists Every adult in the neighborhood where our music store will be located. Our music store is located in a corner piece property on a busy road directly opposite one of the largest residential estates in Los Angeles and few meters away from a busy school district. We have enough parking space that can accommodate well over 15 cars per time.
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Although there are a number of musical instrument retailers in this city of overpeople, there are currently only three very small school band and orchestral instrument dealers; these stores have small selections and short hours.
At the other end of the spectrum stores with a more guitar and electrical focusbig chains are competing on prices at the expense of customer service.
We will establish our branding with our superior service and selection, the excitingly modern look of our retail environment, our "hands on" merchandising approach, and a series of ads with our motto: Stop Dreaming, Start Playing. Once in the store, our clients want to come back often for the special treatment they receive here and nowhere else.
He has seen firsthand where opportunities are missed through lack of follow-through or careful planning, and knows what local customers are looking for.
We will start generating a profit in September, and profits will increase steadily thereafter.
We separate ourselves from our direct competitors by paying intense personal attention to our customers, and educating our clients about the products they need or desire before, during, and after the sale. We offer creative programs to reward customer loyalty, and we provide on-site repair services for the items we sell.
We consider our staff our partners and insist they prosper equitably with the growth and success of the company. Offer extended hours to serve a larger portion of the buying public than our competitors do.
Offer the services of a full time repair department to our client base.
Create a hands-on, educational approach to musical instrument merchandising. Target the large number of school band instrument customers who currently bypass local music stores for catalog or internet sales, due to poor service, selection and prices.
Aggressively target the public school system and local religious organizations.
|Account Options||Strategic Analysis with current research! The Music Shop, Inc.|
|A Sample Music Store Business Plan Template | ProfitableVenture||Copyright license Understanding of Copyright Distribution Laws Obtain a music-redistribution license. The governmental copyright Web site offers specific licenses for music redistribution options of all kinds.|
|Music Store Business Plan||You will not find a better solution as specific, as detailed, and as automated. Enter some main assumptions, and start entering your financial data into the clearly marked cells.|
|Retail - Wikipedia||Ease of purchase is key.|
|How to Start an Online Music Store | Bizfluent||Retailing in antiquity[ edit ] Marketplace at Trajan's Forum, the earliest known example of permanent retail shopfronts Retail markets have existed since ancient times. Archaeological evidence for trade, probably involving barter systems, dates back more than 10, years.|
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Online Music Store Business Plan. IMPACT OF ONLINE STORES Purchasing of goods and services over the internet is known as Online shopping.
The websites over the internet are the online stores for .
The retail store business plan template is fully geared towards the music store retail business. Easily add project plans, phasing diagrams, floor plans, specific plans and more as is needed. Easily insert . Free Music Shop Business Plan For Raising Capital from Investors, Banks, or Grant Companies! Please note that the financials in this complete free business plan are completely fictitious and may not match the text of the business plan below. Musical Instrument Store Business Plan. Music West is an exciting opportunity for a musical instrument retailer in Albuquerque. Though the city is full of instrument retailers, only a small number of those cater to the needs of small school bands and orchestras.
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