Sections of the site
Editor's Choice:
- Business with China - where to start, how to find suppliers + TOP-15 goods from China and a list of trading platforms
- Where to invest 1000 dollars
- Three common misconceptions and six life tips
- How can maternity capital be used - for what needs can the maternity capital funds be spent
- Caramel apples - a new business idea
- Ready-made business plan for beginners
- Gypsum stone tile: 7 advantages of the material
- How to buy the best and interesting unusual goods from China for home, gifts and sales on Aliexpress in Russian?
- Business plan for opening a bathhouse
- Where to spend maternity capital before the child is 3 years old
Advertising
Business plan for opening a plumbing store |
In this material: Plumbing is a relevant and profitable area for starting your own business. People regularly make repairs, change the bathtub, toilet bowl, sink, not counting the cost of consumables, which are required much more often. Choosing this field of activity, an entrepreneur must study all the pros and cons, analyze the target audience and competitors, based on the potential location for opening a retail outlet. A plumbing store business plan is a prerequisite for a successful project start and a speedy payback. Description of the project, goals and objectives, relevance of the ideaThe goal is to open a plumbing store with an area of 80 square meters. m. in a city with a population of 300 thousand people. Tasks - meeting the demand of a wide audience, based on an analysis of the market and products in demand. Implementation - own funds, search for a partner or sponsor. Plumbing equipment is the same integral product as clothes, shoes and even socially important products. It is unlikely that any of the people will save money, just not to replace a leaky faucet, a burst toilet bowl or a bathtub. In any case, there will be money for these purposes, even if you have to borrow it or get a loan. Dilapidated and outdated plumbing also does not stay in apartments for a long time, although it does not change so quickly. In any case, the next repair will not do without the purchase of new equipment. The relevance of the plumbing store is that these are almost essential goods, without which a comfortable life in a cozy home is instantly disrupted. The goal of the entrepreneur is to supply customers with inexpensive and high-quality plumbing. This increases the turnover, which means it reduces the payback time of the project and the net profit.
List of goods and servicesThe assortment of a plumbing store directly depends on the format and specifics of the business. You can choose a narrow direction, such as consumables, faucets, taps and other small items, or a general type outlet where any plumbing products are present.
Approximate list of goods:
In addition to the direct products presented in the store, the entrepreneur can organize a number of services:
To do this, you will need to hire specialists with education and draw up a schedule for home visits. Market Analysis: Competition and Risk Assessment
In general, the market is oversaturated with sanitary equipment, but in practice the situation is slightly different. Often, in order to urgently buy a faucet, a person has to go either to a construction hypermarket, where there is a plumbing equipment department, or go to the market, which can also be far away. The point is that there are very few plumbing stores within walking distance, because 80% of entrepreneurs open a retail outlet either in a specialized place or make a mistake with the location when choosing the central part of the city. To find out if the residents of the microdistrict need an affordable plumbing store located nearby, you need to conduct a mini-survey. To do this, you will need to hire several people who will interview passers-by near supermarkets and other passable places, listen to their opinions and wishes. 10 poll points:
On the basis of a sociological survey, it is possible to form a general opinion of the residents of the microdistrict, whether they need a store and what products are the most popular. Do not forget about competitor analysis. It is necessary to visit several large stores, analyze the format of activities, prices, assortment. Do the same in the area of \u200b\u200bstarting a business. By comparing all the pros and cons, you can easily open your own plumbing store with a competitive advantage.
Business organization by stagesActivity registration
Plumbing store with an area of 80-100 sq. m. can be safely managed in the status of an individual entrepreneur. LLC absolutely does not give any privileges if it is not planned to transfer the business to a network or organization of a wholesale warehouse, as an additional (or main) source of income. IP registration proceeds in the following order:
The IP registration stage takes 5-10 days, during which you need to deal with the execution of other documents:
All available business documents, including employment contracts with employees, are stored on the premises. Finding a retail spaceThe place for the store is selected based on the following parameters:
As a premise for a store, you can choose:
An equally important point when choosing a room is the possibility of a full-fledged repair with displacement or elimination of partitions, except for load-bearing walls. A warehouse is a must for a plumbing store. If the retail space does not allow allocating square meters for the storage of goods, then a separate room should be rented. In this case, the location is no longer important. You should focus on the cost of the rent, the condition of the premises and the conditions for storing the goods. Purchase of equipmentTo design a retail outlet, you will need to purchase the following equipment:
Some of the equipment can be made independently. For example, podiums, screens and the background are mounted on the basis of a metal profile and drywall. The store must be equipped with an alarm system and an alarm button, which is what private security companies do. Search for sanitary ware suppliers and assortment formationIt has already been said briefly about the assortment that the list of products depends on the format of the activity. You need to look for suppliers on the Internet. It is recommended to cooperate directly with the equipment manufacturer, ignoring distributors and wholesalers. In this case, it is possible to reach favorable terms of supply, as well as save on the purchase price. Before signing a cooperation agreement, it is recommended to carefully study the activities of the company, the history of its origin, as well as read reviews on third-party sites and forums. The main thing is to be able to distinguish custom opinions from the comments of real entrepreneurs and suppliers' customers. Store staffFor a retail outlet with an area of 80 sq. m. the following staff will be required:
Handymen and specialists in installation and necessary work can be combined into one team. At first, in any case, there will not be many orders, so that one group of people is in the store, and the second is on the road. In the future, it is better to separate laborers and craftsmen by qualifications. Staff requirements:
Gender and age does not matter. The only thing is that it is better for a team of loaders to choose younger and stronger guys. Advertising and marketing
Financial calculations
Investments and project maintenance costsInvestments in business (in rubles):
Result: 1,487,000 rubles. Monthly expenses:
Result: 795,000 rubles. Revenues and expected profit, business performance
Approximate calculation of income:
Net profit - 900,000 minus 795,000. Result: 105,000 rubles. Profitability: 105,000/900,000*100%=12%. The payback period of the project is 1 year. A plumbing store is a profitable business that requires a serious approach. Based on the business plan and financial calculations, it is possible to identify the weaknesses of the project in advance, correctly reallocate funds and avoid risks. In the future - a profitable business with a constantly growing turnover and profit. |
Read: |
---|
Popular:
New
- Where to invest 1000 dollars
- Three common misconceptions and six life tips
- How can maternity capital be used - for what needs can the maternity capital funds be spent
- Caramel apples - a new business idea
- Ready-made business plan for beginners
- Gypsum stone tile: 7 advantages of the material
- How to buy the best and interesting unusual goods from China for home, gifts and sales on Aliexpress in Russian?
- Business plan for opening a bathhouse
- Where to spend maternity capital before the child is 3 years old
- What kind of business can you start at home