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Successful Retail Openings


TURN YOUR DREAM INTO REALITY

If you can dream it, we can help you make it happen! Management One’s Successful Retail Openings is a unique consulting program that takes entrepreneurs step-by-step through the process of opening a new retail store. We help the client envision and define their dream, assess financial feasibility, and successfully open and launch the new store. We address both sides of the new business – the merchandising side and the operational side. We take the client from initial concept to the Grand Opening Day.

TURN YOUR DREAM INTO REALITY

Phase I

  • The Vision
    • Who are we?
    • What do we do?
    • What do we provide?
  • Customized Company Profile
    • Description
    • Mission Statement
    • Services/Product Detail
  • Long Term Goals & Objectives
  • Industry Analysis
    • Retail Comparisons
    • Competitive Analysis
  • Advise on Site Selection
  • Financial Feasibility
    • Cash Flow
    • Break Even Analysis
    • Capital Expenditures Budget
    • Opening Marketing Budget
    • Opening Inventory Budget (Open-to-Buy)
  • Report prepared for the client as basis for decision whether to move forward to Phase II

Phase II

  • Preparation of Opening Timeline
    • Priority Check List
    • Timeline calendar
  • Advise on Final Site Selection
  • Assist with lease negotiation/lease review
  • Prepare Business Plan
  • Review Landlord Build-Out Criteria
    • Site Conditions
  • Prepare Schematic Design Drawings
    • Floor Plan Layout
    • Ceiling Plan
    • Fixture & Lighting Layout
    • Storefront Signage
  • Grand Opening Marketing Plan
    • Target Market Definition
    • Target Customer Profile
    • Grand Opening Marketing Budget
    • Media Plan
    • Creative/Graphic Design
    • Event Timeline/Check List
  • Our team of nation-wide experts works with the client on every aspect of the business to ensure a successful opening.