Retail Bicycle Shop Business Plan
Name of the Bicycle shop:
University Cycle Works is an established bicycle specialty store,offering retail sales of new bicycles, parts and accessories,clothing, and maintenance and repair service.
Location of the Bicycle shop:University bicycle shop will be located chaura bazaar, ludhianabecause chaura bazaqr is one of the highly crowded area so I think it will be really good and will be approachable to local people.3.Obejctives:
Continue to provide the high quality of sales and servicesthat University Cycle Works is known for.
Manage a seamless transfer of ownership.
Maintain a financially healthy business and validate thetrust and advocacy of other people in support of thisbusiness purchase.
Repay the start-up loan provided by family memberswithin the first year.
Achieve monthly and yearly sales equal to or better thanthe previous year under the former owner.
Aim to improve sales of bicycle specific garments andrainwear over the year.
Focus marketing on new student influx to maintaincurrent growth in sales and service revenue.