Business Plan
Located in a high student traffic area, The Stationery Stop has easy access to its clientele. The business itself requires very little space for establishment and occupies only about 15 ft by 12 ft of space. The Stationery Stop is such a small organization, no facilities are required to maintain daily operations, there are no machines besides the cash register and a computer. There are no bathroom facilities provided because the business is only open for 2 hours a day and its employees and workers have access to the facilities provided by Heritage College. The cost of employee wages is hardly a concern for the business because 7 operating hours a week are filled with workers who are third year students in the business administration program. These workers do not earn a wage for they earn credits as working at The Stationery Stop is required as part of their b . . .
Although the business is conveniently located in the college, its clientele generally tends to be limited to those who actually attend the school. 25 in gross profits with a profit margin of . Secondly, because the store is owned administratively as opposed to privately, profit levels are not the greatest concern of the business. However, the store's primary objective is to provide the third year business students with hands on experience at running a business operation. Other secondary target markets include the teachers at school as well as the nonteaching staff such as administrative employees, janitors, and cafeteria workers. The total number of employees is 10 including 7 business students and 3 paid workers, whom are students attending Heritage College as well. Marketing Strategy Marketing is the performance of those activities that seek to accomplish an organization's objectives by anticipating customer's needs and directing a flow of goods and services from producer to consumer. In that respect, it appears to have a relatively small market share from that perspective. The Stationery Stop is categorized as a convenience goods store specializing in academically related products. Performance Level: The Stationery Stop has generated sales of $16020 in 2000 and generated sales of $11425 in 1999 and $11319 the year before that. The marketing concept is viewed in terms of a longterm approach that is profit oriented as opposed to sales oriented.
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