Well long story short I am looking at starting a business and I need to have a solid Business plan for it. So I am wondering if anyone here has had to do this for any reason in the past for some reason. doesn't matter what it was for just any tips/examples would be greatly appreciated.
Not that I would have much to contribute, but much more value could come from a suggestion made with the knowledge of the type business you are trying to start.
Depending on the size of the city a billboard may be in order. Work on getting advertisement in your local newspaper. Buy games based on how well they are selling, have sold, and are expected to sell (market research is invaluable). Also, having a nice selection of classics is a good idea. Have them displayed towards the front so as to invoke nostalgia to the passerby. Have a nice color scheme throughout the store. I'll probably think of more later, that's all for now.
Depending on the size of the city a billboard may be in order. Work on getting advertisement in your local newspaper. Buy games based on how well they are selling, have sold, and are expected to sell (market research is invaluable). Also, having a nice selection of classics is a good idea. Have them displayed towards the front so as to invoke nostalgia to the passerby. Have a nice color scheme throughout the store. I'll probably think of more later, that's all for now.
Thats all on the plan as well as birthday parties/lockins etc, but "Business Plan" is what I am trying to get done before anything can happen. more or less what it is is what you need to do to get the store open ranging from how much money you need to borrow to what you need to spend for invintory. and once you have all that and more you present it to your back in order to get aproval for loans, inshurance etc. Here is the wikipidea link for a semi breakdown on what I am looking for.
if I get the spot I am looking at yes, right next door to a bank that is on the main road, a few fast food places one of which is a Tim Hortons and a Grocery store. and there is a walk in pizza place within an arms throw away.
That is a very hot spot, I expect you'll smoke eb and walmart. Are you gonna set up game demos? If you do have demos make sure to have some comfy chairs and maybe a snack bar nearby, I hate the demos at walmart, I always hurt my neck looking up at the screen. Gaming tournaments are a very good way of gaining a following in your local gaming community.
I've heard that many businesses make next to nothing in their first year before profits turn around. You have too be prepared to open with a bang. Do many businesses open on a sale? or is that bad practice?
here is the most important thing. Know what u are talking about. be able to answer most anyones question, and only hire staff that also know what they are talking about. even though its selling video games, people are going to ask a lot of questions. like, about subscriptions, what system iis better, why, will this game run on my pc (without telling u its specs). then make sure u have the money to invest, and get a website going. having a website is easier on u, and the customer. they can browse online, and u dont have to have the item right then. other than that. jjust b more friendly than the douches at gamestop, and you should do ok XD.
edit: like murderface said, game tournaments. very good way to get people to come. u can charge like, 5 or 10$. give away 50% of that total away as prize money. (if 30 people come, u charge 10$ each. winner gets 150$. u can charge more or give away more like 75% of earnings). this way no money comes out of ur pocket. gamers love tournaments. also. game parties. whena game just comes out, throw a party for it.. of course not all games. but also throw opening parties for games that arent super anticipated. like HALO... its not the only game deserving a party. i cant tell u exactly wut games 4 u to throw a party for, ull have to no wuts highly anticipated in ur area, and around the nation.
Don't know much on opening a store, but from what I've seen from retail, one of the most helpful things you can have is a kind staff. The staff needs to be very helpful. "Hi, how can I help you." "Hello, might I be of service?" "Hey there, can I get that down for you?" Just be nice to the customers. Make them feel like they are welcomed there. (Though, don't get so close to your employees that they take advantage of you, let alone the customers.)
Idk, not really buisness plan advice, but meh, advice none-the-less...
i actually know this game store that does repairs and carries rare items and imports as well as being a membership gaming club with a really nice set up. if you need more info i can give you the website.
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"to the worm in horseradish, the world is horseradish."
i actually know this game store that does repairs and carries rare items and imports as well as being a membership gaming club with a really nice set up. if you need more info i can give you the website.
I did a business plan myself last year. The most time consuming part for me was putting together a cashflow chart.
I would suggest going to www.sba.gov. It has a metric crapton of info on assembling a business plan and getting funding.
Aside from working to start my own business, I've worked in a small business as the owner's right-hand man for almost two years now, and from what i've gathered there are three things that customers and clients respond to:
1. Friendly service--this makes people want to give you business
2. Prompt service--when a customer makes a request, do not wait, attend to it there and then. People are used to slow service, so if you are consistently prompt you will have already exceeded their expectations.
3. Competent service--both of the above are worthless if you don't know what you're doing. Competence, like promptness, is a rare and valuable commodity. Unfortunately, you have to learn competence mostly through trial and error. All the research and study in the world will not prepare you for the hands-on demands of business. You just have work your ass off.
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Thanks in advance.
Fuck you, I'm a dragon.
Fuck you, I'm a dragon.
Thats all on the plan as well as birthday parties/lockins etc, but "Business Plan" is what I am trying to get done before anything can happen. more or less what it is is what you need to do to get the store open ranging from how much money you need to borrow to what you need to spend for invintory. and once you have all that and more you present it to your back in order to get aproval for loans, inshurance etc. Here is the wikipidea link for a semi breakdown on what I am looking for.
Fuck you, I'm a dragon.
Fuck you, I'm a dragon.
CyberPunk RP Nexus
EDIT: and yes I do lydeck
Fuck you, I'm a dragon.
edit: like murderface said, game tournaments. very good way to get people to come. u can charge like, 5 or 10$. give away 50% of that total away as prize money. (if 30 people come, u charge 10$ each. winner gets 150$. u can charge more or give away more like 75% of earnings). this way no money comes out of ur pocket. gamers love tournaments. also. game parties. whena game just comes out, throw a party for it.. of course not all games. but also throw opening parties for games that arent super anticipated. like HALO... its not the only game deserving a party. i cant tell u exactly wut games 4 u to throw a party for, ull have to no wuts highly anticipated in ur area, and around the nation.
Idk, not really buisness plan advice, but meh, advice none-the-less...
"to the worm in horseradish, the world is horseradish."
sure what is their web site?
I would suggest going to www.sba.gov. It has a metric crapton of info on assembling a business plan and getting funding.
Aside from working to start my own business, I've worked in a small business as the owner's right-hand man for almost two years now, and from what i've gathered there are three things that customers and clients respond to:
1. Friendly service--this makes people want to give you business
2. Prompt service--when a customer makes a request, do not wait, attend to it there and then. People are used to slow service, so if you are consistently prompt you will have already exceeded their expectations.
3. Competent service--both of the above are worthless if you don't know what you're doing. Competence, like promptness, is a rare and valuable commodity. Unfortunately, you have to learn competence mostly through trial and error. All the research and study in the world will not prepare you for the hands-on demands of business. You just have work your ass off.