Business Plan of a Pet Shop
Business Plan
Introduction
With the improvement of people’s living standard, more and more people want a pet to accompany with them outside their studying and working time. Therefore the number of people who have a dog is increased, and the needs of dog are raised significantly. The economy about pets is paid attention by people. Not only concerned about what they eat, but also about where they live and what kinds of cloth they wear. It becomes a potential marketing in our daily life.
There are different kinds of pet kennels, and open variety projects such as pet grooming, pet washing and cutting, pet medical treatment service and so on. Because pets are concerned by people, they will pay more money on pets than before. Nowadays, more and more businessmen pay attention on the new industries.
This essay attempts to assess a plan about how to open a pet kennel, and this plan whether or not make profit in the future. The main arguments for considering ten factors about open a pet kennel, followed by some projects in first month, and then showing some data in the kennel’s income statement and the balance sheet at the end of the first month of operations, including the decisions about whether or not to continue the operation.
1. Ten factors for establishing the business.
• Capital
Opening this pet shop needs approximately 400,000 RMB. And half capital is from my own bank account, the other half will borrow from friends. After six month he will be returned another 6000RMB for interest. If the money loans from bank, the business will pay 5.6% interest. So the liabilities that borrow from bank will spend more money than that from friend. Borrowing from friends is good for the business. This financing way is convenient, cheap and effective.
• Place
Good place makes good profit. The pet kennel should open at where has a plenty of residents who are rich. And it has a suitable rent that about 7,000RMB every month. Near the shop should have good
Introduction
With the improvement of people’s living standard, more and more people want a pet to accompany with them outside their studying and working time. Therefore the number of people who have a dog is increased, and the needs of dog are raised significantly. The economy about pets is paid attention by people. Not only concerned about what they eat, but also about where they live and what kinds of cloth they wear. It becomes a potential marketing in our daily life.
There are different kinds of pet kennels, and open variety projects such as pet grooming, pet washing and cutting, pet medical treatment service and so on. Because pets are concerned by people, they will pay more money on pets than before. Nowadays, more and more businessmen pay attention on the new industries.
This essay attempts to assess a plan about how to open a pet kennel, and this plan whether or not make profit in the future. The main arguments for considering ten factors about open a pet kennel, followed by some projects in first month, and then showing some data in the kennel’s income statement and the balance sheet at the end of the first month of operations, including the decisions about whether or not to continue the operation.
1. Ten factors for establishing the business.
• Capital
Opening this pet shop needs approximately 400,000 RMB. And half capital is from my own bank account, the other half will borrow from friends. After six month he will be returned another 6000RMB for interest. If the money loans from bank, the business will pay 5.6% interest. So the liabilities that borrow from bank will spend more money than that from friend. Borrowing from friends is good for the business. This financing way is convenient, cheap and effective.
• Place
Good place makes good profit. The pet kennel should open at where has a plenty of residents who are rich. And it has a suitable rent that about 7,000RMB every month. Near the shop should have good