Business

I have done a survey that has made me decide that I will start up a business where I can sell sports branded clothes and other sorts of sports wear. The store will cater for all ages and both males and females. Also I know from personal experiences that Loughborough sometimes has a limited choice on clothing because all the stores work with seasonal clothing. So if I wanted to buy a nice pair of swimming shorts in the winter season I probably would have a very limited choose due to the fact that most people go on holiday in the summer, so usually the good stuff is only on the selves in the summer.

Loughborough has a limited range of stores so it is an ideal business

I have decided to start the business in a partnership because it means that the business will be easy to set up and also will be more efficient. The partners in the business are Veena Mistry Bhavini Patel and myself. The reason for going into partnership with these people was that know them very well and I have a good friendship with both of them. The advantages of being in a partnership are that the responsibilities are shared out so that there is less stress betwe

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Sam decided to rent out this property because it was cheap and on a ring road which probably mean that shoppers and also suppliers could have hassle and congestion free access to the store. The other 10% said that they preferred Fred Perry. People shopped the least in Intersports.

It also tells me that not all of Loughborough's shoppers are into sports wear and that the brand NIKE is very popular with shoppers in Loughborough. 00

Tills 3 £1,500

Bar code scanner 3 £1,200

CCTV 5 £4,500

Electric Shutter’s 2 £9,000

CCTV Monitor 3 £900,00

I decided to buy all these items because I think I need these things to start up my business.

>From Looking at my results I can see that Loughborough has a wide audience of shoppers that mainly all have different tastes.

After having a brief tour around the premises we were satisfied with what we were getting for our money so this was going to be our new shop.

Item Number needed Sub-total

Logo (Light) 2 £6,000

Racks 15 £1,890

Selves 7 £678. Also it tells me that this type of business is not going to cost very much to get going. The way in which I have controlled the amount spent on stock is by having a set amount to spend on each brand. This way I know that there is stock from each branded company and also it means that I will not have to set a budget to spend on each type of clothing because a full range will be set in the band.

Here is a graph to show how much has been spent on the equipment and the stock.

The pie chart shows how that I have spent more money on the clothing than I have spent on equipment. Also there are other types of rewards like popularity. This person happened to be a friend of the family called Sam.

Common topics in this essay:
FRED PERRY, Perry Timberland, Devonshire Lane, , CCTV Monitor, Mondays Tuesdays, Fred Perry, Expense Amount, Unlimited Liability, BVB SPORTS, amount spent, fred perry, filled survey, branded clothes, sports wear, wear branded, start business, own business, pie chart, amount spent £, shoppers loughborough, people filled survey, wear branded clothes, variety sports stores,

Approximate Word count = 1938
Approximate Pages = 8 (250 words per page double spaced)

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