Abc Limited Business Plan
ABC Limited is a new company who are planning to open a new retail business in the centre of a local village selling fashion women’s clothes and accessories.
ABC Limited is founded by three entrepreneurs who have 18 years retail business experience between them.
The market and business
The main market sectors ABC will penetrate are women between the ages of 25 to 55 in the local area, tourists and within a radius of 10 miles. We wish to become a recognised regional name in the next year but this is our starting point.
ABC will concentrate on the latest fashions at reasonable prices. We will always have an excellent selection of fashionable accessories to entice our customers into our shop on a regular basis.
Core product offerings
The retail business will be a women’s fashionable establishment offering three types of product:
Business fashion for the new business women
Fashion for middle age women who want something different
Accessories for all
Revenues and profitability
Revenues forecasting for the first year of operation are ÂŁ343,000 with this increasing by 8-9% for the subsequent two years. Net profits are forecast to be 33% before the salaries of the directors and before tax and interest.
Management team
ABC limited is a new company set up and run by Mrs Jones, Mrs Smith and Mr Brown who have 18 years experience in the retail business business.
The directors will invest ÂŁ70,000 into the business at the beginning and repay these