What are good advertising strategies for a local business?

Business research

• Assume that I will open a clothes shop in a country. I have no business connections and I am are however determined to develop a business plan on how I will operate my business. In this assignment planning of the business should include: 1. A brief description of the product of the business and market. (Assume that Product: T-shirts, jeans, jakcets, shouse. Market: is very hard with much competition and many competitors.) 2. A good area which will locate the business. (Assume that the area that i will locate the business is a high population street of New York) 3. A summary of the financial projections. 4. The amount of money, in what form and for what purpose. ( Assume that i will take a loan for helpping me to rent a shop, buy my stock, and make my advertisments. (I beleive $300.000 it would be ok).) 5. Projections of sales and market share. 6. Strategies for identifiying and contracting customers, setting prices, servicing customers, and advertising. 7. Negative factors such as risks and problems. 8. Realistic growth projections. The following parties may assist to gather the information above: a. a banker to arrange financing b. an attorney to incorporate business c. suppliers d. an advertising agent e. a landlord * Until 10 pages, table of contents, appendix, bibliography. * I want complete this assignment because it would be helpful for me to learn how i can open a business without a capital, stock etc witch you need for a business. * If you want to ask my anything let me know! Thx

• Answer:

  Hello pasof-- I have carefully researched your question and have written a report for you. I must say this was a lot of fun to put together. I take a great interest in business start-ups. What I ended up writing was a business plan for your company, which I called Clothes Shop, Inc. To help conduct the research for this plan, I spoke with a New York City real estate agent to get an estimate for commercial leases, I contacted an NYC corporate attorney to acquire a quote on registration legal fees and subsequent monthly expected fees, I contacted a small weekly newspaper in Manhattan to get a quote on advertising expenses, and I spoke with clothing suppliers to get an idea of the costs associated with their industry. I created an Excel spreadsheet that predicts revenues and expenditures. Because Excel spreadsheets are impossible to post in this Google forum, I've posted the entire paper online. You may cut-and-paste my finished product at the following linke: http://www.consumerwars.com/GoogleBusiness.htm I hope this helps. If you need any clarification or if there are any problems with the paper, please don't hesitate to hit the "clarify" button. Thanks, darrel-ga