Stage 3
Stage 3
Stage 3
• For a
vintage
clothing
business,
you can
expect t
spend $2 to
$2,209 with
an average
cost of
$13,936.
Q2:Where do you plan to obtain the
required funding?
• By borrowing
from a friend,
loans from
traditional
banks,
government
funding
opportunities,
and personal
investment or
savings.
Q3:Risks
• These risks may include supply chain disruptions, market volatility,
quality control issues, environmental regulations, and safety
hazards.
Q4:What are potential risks or challenges, if
any?
• Buying poor
quality
products,
putting up a
“vintage
specialist” sign
and making big
margins behind
it is within
everyone’s
reach.
Q5:Team Expertise
• A management
team business
plan is a section
of a proposal
that indicates
the credential
and expertise
of a team of
managers in a
company.
Q6:What relevant skills and experiences do
team members bring?
• Communicatio
n, teamwork,
collaboration,
leadership,
management,
active
listening,
problem
solving,
creativity, time
management.
How to motivate your
customer's?
By using the idea of sale of promotion
.Providing free coupons
.After sales service
.Price reductions
.Product placement
How to raise customer's
awareness?
Promote cloths by using social media such as
.Television ads
.Magazines
. By using E commerce
.national newspaper