Analysis Of Classic Gift Shop

1005 Words3 Pages
bulb-icon

Recommended: Business Plan Proposal

Introduction
Classic Gifts shop is a predetermine business retail shop which will set up to offer a wide variety of gift items to the residents and visitors in the Dubai Metropolis. The shop will be set up in one of the most iconic landmark building in the City of Dubai, United Arab Emirates (Weissbourd, 2011). The start-up business is setting up its premises in the building with the sole aim of being the flagship gift shop. The business idea has been necessitated with the availability of spacious and eye catching business shops especially on the Mezzanine floor.
Product Description
Classic Gift that deals with a wide array of gift items for all age groups in the society. The shop buys item and rebrand them to give the merchandise a touch …show more content…

The provision for the fund to meet the business start-up expenditure as well as the operational finances (Karlsson, 2009). The framework through which the management will be run according to the evaluated business objectives (Cojocaru, 2014). The funds will be contributed by the personal finance as well as the family assets. Ahmad financial statements back up the plan for the Classic Gifts shop and lay out what is needed to get the business started, as well as when the company expected to see positive cash flow. The three owners will each contribute $20,000, and own a 33.33% stake in the business. Along with the initial personal investments, two loans will be required to cover additional start-up expenses. The first will be a $100,000 loan from First National Bank, and the second a $50,000 loan from the Small Business …show more content…

Currently, there are a thousand and one families with continuous demand of gift facilities. The shop therefore strives to provide the town and its outskirts the best choice of all season gift options (Carleo, 2012). The Classic Gift Shop competitor is the Royal Gift shop which shares the same production of products to the market. Royal Gift shop is the main competitor in the market since its share market in selling its products is 40 % which is 10% less than the Classic Gift Shop. The competition from the Royal Gift Shop in Dubai is aided by the factors such as the pricing of products as well as the extra customer services (Cojocaru,

Show More
Related

  • Analysis Of A Shopkeeper's Millennium

    1845 Words  | 4 Pages

    Paul E. Johnson displays incredible insight on the 1820s to the 1830s in his book “A Shopkeeper’s Millennium” of how the changes in Rochester evolved socially, economically, and spiritually. It was widely accepted and was told to be brutally honest about the intentions of the elites of the time The truth that was spilled onto the pages and were revealed masterfully through his work. It took many years of tracking down enough primary sources to write the book. He touches broadly on all points of change in Rochester. Johnson gives unique insight through primary sources that shatter the previous theologies of the growing society in Rochester.

    Read More

  • British Primark Company

    3277 Words  | 7 Pages

    In the report different areas are been discussed and first of all the company analysis has been done and that’s shows that Primark (British food plc.) is one of the UK best-selling clothing store chain that’s profits has been increasing every year. And also the Primark (British food plc.) is all about selling fashionable clothes with cheap rates. There stores number is increasing very rapidly and number of the stores is 256. British food plc. (Primark) is not spending any capital or finance on advertisement and that’s a negative sign for them. The product of British food (Primark) is not up to the mark.

    Read More

  • Target Corporation Competitive Analysis Essay

    1800 Words  | 4 Pages

    Due to the good establishment of the business, it has huge market national. The company has therefore opened many retail shops and stores all over the country to ensure that their products are accessible to the customers. The entity provides a favorable environment, and many clients view the place as a fun shopping place to be. The retailer has targeted a big pool of customer because of the variety of products it sells. The stores products vary from kitchen goods, jewelry, and electronics clothes to hardware

    Read More

  • Tjx Case Study

    1626 Words  | 4 Pages

    The arrangement of operations with the client guarantee under the most favorable conditions exhibited through its outcomes: comp store deals have ascended for 27 back to back quarters as the organization 's one of a kind, universally sourced collections and energizing in-store encounter drive client dependability. There is a sustained competitive advantage. The TJX demonstrate has demonstrated effective all through financial cycles and in spite of expanding rivalry for on the web. In the inexorably difficult universe of physical retail, TJX has secured a particular upper hand that seems solid. The organization 's longstanding notoriety in the business for scale, liquidity, and ability prompts solid seller connections, giving purchasers the influence to source the most ideal item. The stores ' adaptable format and sourcing guarantee stock in the store is suitable to the area and season, giving chiefs adaptability to react to client request progressively and test new activities easily. The organization 's proceeded with worldwide extension is expanding brand acknowledgment around the globe as the organization conveys extraordinary qualities to a developing pool of clients. The organization 's moderate move into the online space is intended to supplement the current model, driving incremental deals to the physical business in view of incremental pedestrian activity for in-store returns. TJX 's anticipated money related returns makes

    Read More

  • Analysis Of Abercrombie And Fitch

    2154 Words  | 5 Pages

    Brand identity is about story telling. Using the latest content that has been published, compromising the five best images that reflect the profile of the brand, a consumer-photo-storyboard can be developed to: Describe the profile of the brand; Identify the main communication and publicity themes; and Critically assess the integrated modes of communication with consumers, including limitations and negative content.

    Read More

  • Personal Narrative: My Experience At The Pike Place Market

    822 Words  | 2 Pages

    Each floor I stopped at had a variety of stores. From eery-looking stores selling Halloween and magic merchandise to a magazine shop selling vintage Playboys and Time magazines from the 40s, to a saloon that invited customers, every corner filled up with something worth staring at or dropping my jaw on. Tibetan artefacts, leather bags, indie artist studios, thrift shops, liquor stores, stationary, carpentry shops, jewellery stores, clothing like t-shirts, hats, ties, and belts, pet care, human care, hair styles, Seattle mementoes, and thousands of other little and large shops lit up as customers

    Read More

  • Company Case Study Kate Spade Handbags

    1200 Words  | 3 Pages

    As a influential brand, Kate Spade wins the Fifth & Pacific to rebrand by its name. It has instead become a lifestyle brand. Beside variety of simple and creative clutches and cross body purses, larger to small bags, Kate Spade selling everything from clothes to home needs, as well Kate Spade has not to spend money to acquiring other company and completed its growth strategy process. It is not only expanding its business scope, but also increasing its revenue and profit as its expecting. In addition, the recently exciting good news will bring unforeseen opportunity, Kate Spade shares rose more than 25%. Since the fact come out, Kate Spade become a attractive acquirer. The company is considering to sell itself. To get best interest, it is the best time to use restructuring strategy. It is the best opportunity rearrange investment. A well-informed company could foresee the possibility to create significant cost synergies and facilitate the access to good growth options. There is another value of Kate Spade for the acquirer, is its financial character, such as a clean capital structure and strong balance sheet. Kate Spade confirmed speculation that it is exploring strategic alternatives for its business. The company is waiting for the best

    Read More

  • The Dunnes Store: A Case Study

    2136 Words  | 5 Pages

    Dunnes Stores is an indigenous, family owned Irish Company. The Company is a retailer in both the food and textile market who work around the principle of providing competitive prices, high quality products and a vast variety of choices. The company’s motto of “Better Value” looks to draw in all these principles together.

    Read More

  • Marketing Plan For A Clothing Store

    995 Words  | 2 Pages

    Panchakanya fashion and clothing store will be located at bouddha-04, Kathmandu, Nepal. Our business will start by renting two big rooms, (one show room and one store room).Three changing cabin will be made with fully furnished. This location is national and international tourist attracted area due to Gumba. Our store will be organized as sole proportship business of ownership in ganga’s name. Even though, Nepal is one of the small and poor countries, people over there are...

    Read More

  • Toy World Business Analysis

    1071 Words  | 3 Pages

    Executive summary of the event. In this business case, a shift from seasonal to monthly production of toys will change the seasonal cycle of Toys World's working capital needs and necessitate new bank credit arrangements. It has to analyze the company's performance, forecast fund needs and make a recommendation. The case introduces the pattern of current assets and cash flows in a seasonal company and provides elementary exercise in the construction of the pro forma financial statements and estimation of fund needs.

    Read More

  • What Is A Visit To Dubai Mall Essay

    998 Words  | 2 Pages

    This city attracts a lot of shopping tourists within this region and also from Eastern Europe, Africa and the Indian Subcontinent, whereas boutiques, electronics shops, department stores and supermarkets mostly operated on decisive prices whereas some shops also give discount on various event or on the basis to make a nice relationship with the customer. Dubai is well known for its District which is located on the side of Creek.

    Read More

  • Holiday Shopping

    969 Words  | 2 Pages

    Customers are quick to fall into the category of “belonging” found in Maslow’s hierarchy of needs. They feel as if in order to belong or to feel loved and respected by others they must try to attain what everyone else has or wants. This is especially true during the holiday season when people feel that what they buy reflects how they feel about the people they buy presents for. If you feel that you must purchase a certain present that you know will be out of stock and hard to find, you are better off shopping online or by mail. Shopping online and by mail is becoming the new wave of shopping and it is a smart, convenient, and timesaving process.

    Read More

  • Essay On Visual Merchandising

    1152 Words  | 3 Pages

    ... concept is inadequate. The concept according to majority of retailers is just dressing a window, or just an unnecessary expenditure. The competitors’ today have an astonishing retail design stock and will have to compete purely on master merchandising and the technological edge.

    Read More

  • Shopping: The Shopping Experience

    965 Words  | 2 Pages

    Customers bicker back and forth on which shopping experience is better, online or in stores. A lot of customers have a type of shopping that is more convenient, and others rather stay away from in store shopping. Shopping used to be a hassle in the stores but with the newer technology shopping in the stores is so much easier than it used to be. A lot of people have thought about shopping on the internet, but people do not understand all the downfalls that come with it. The shopping experience is a type of opinion where customers debate whether they enjoy online or offline shopping, people always look at how quick and easy shopping is. Americans should continue to shop offline due to businesses improving shopping experiences, safer for customers, and can save time in the long run.

    Read More

More about Analysis Of Classic Gift Shop

Open Document