Business plan

1. What is the business

My business is going to be a clothes shop for children since I like shopping, and I adore children. I believe I have the potential to open my own business and provide services to companies such as TV programs, pageants, photo shooting, clothes modeling, acting, adverting, and many more that will be unique and different than current shopping in Lebanon and worldwide. I will be focusing on opening my business locally, and when I succeed I will expand it internationally.

2. Why is it different and exclusive?

My shop is going to be exclusive in many ways. The shop should be for babies aged 1hour to 10years, in the shop there will be clothes for girls and boys, there will be books to read, babysitters, a small coffee shop for babies and a place to play while parents are choosing clothes, also there will be huge screen we put on it picture of babies wearing clothes that they bought. Finally there will be a special carte for the shop when they buy more than 500$ they will have a 20% discount. And the special thing of my shop is I will make souvenir gifts to the ‘Bapteme’ and first communion, as chocolate, flowers, cake…without forgetting the gifts souvenir of the shop.






3. Researching and evaluating the business
I should have made a huge research, because there will have a competition between the

Shops.

My shop should have a special style of clothes I have to follow the fashion and trying to

Be the first to bring it. I should follow the colors that attract children, games…

4. What risks am I Taking
My agency is challenging, there are a lot of people who wanted to open a business failed at it, and I know there is a risk of it not working, but me I am very confident that it will be a great success for I don’t have anything to lose, and I am not giving up anything, i think that I have to take a loan from the bank, around 100 000$. Because I have to do a design to the shop, buy clothes, than after few months I will make the coffee shop, and after a year I will start to do souvenir.


5. Structure of the business and it name

As for the structure of my business it will be a sole proprietorship, and as for its name it will be MY ANGEL.



6. Developing and hiring
I will be networking with friends, family, the professionals in my life to widen my network and to chose the best people for my team. I will need as opening the shop 2 ‘vendeuses’, than I will bring an animation, as micky for example he will sell chocolate…if my shop was having a good amount of money I will make it bigger.