Just give your proposal a logical descriptive name, like “Fashion Show Proposal for QRX Design Company” or “Fabrication and Shipping Services Proposed for West Coast Shops” or “Proposal to Establish a New Consignment Clothing Boutique.”. As a matter of fact, it is even cheaper to purchase directly from this showrooms established by shoe and footwear manufacturing companies as against purchasing from shoe and footwear retail cum departmental stores. The tools and equipment that will be used are nearly the same cost everywhere, and any difference in prices would be minimal and can be overlooked. In view of that, we have decided to hire qualified and competent hands to occupy the following positions; Shoe and Footwear Designers and Making Experts. We are well positioned to take on the available market in the United States of America and of course the rest of the world and we are quite optimistic that we will meet our set target of generating enough income / profits from the first six month of operations and grow the business and our clientele base. Our product offerings are listed below; Micah Smith® Shoes & Footwear, Inc. do not intend to start a shoe and footwear manufacturing business like the usual small scale shoe and footwear craft shops around the street corner; our intention of starting a shoe and footwear manufacturing company is to build a standard and one stop shoe and footwear manufacturing company in Little Rock Arkansas. A shoe brand business plan must be carefully crafted to convey your business’ mission, what you plan to sell, and your credentials and plans for earning a profit to appeal to potential financiers. It contains the details of a certain product or a project plan and its underlying costs. The key to success is to meet the demand for an upscale women’s shoe store with a wide selection and focused customer attention. Ensure that our we position our banners and billboards in strategic positions all around Little Rock – Arkansas, Distribute our fliers and handbills in target areas in and around our neighborhood, Contact corporate organizations, households, landlord associations and schools by calling them up and informing them of Micah Smith® Shoes & Footwear, Inc. and the shoes and footwear products we manufacture and sell, Advertise our shoe and footwear manufacturing company and showroom in our official website and employ strategies that will help us pull traffic to the site. Application and Obtaining Tax Payer’s ID: Application for business license and permit: Leasing of facility and remodeling the facility (shoe and footwear manufacturing factory and showroom): Drafting of Contract Documents and other relevant Legal Documents: Graphic Designs and Printing of Packaging Marketing / Promotional Materials: Purchase of shoe and footwear making machines and equipment: Purchase of the Needed furniture, racks, shelves, computers, electronic appliances, office appliances and CCTV: Creating Official Website for the Company: Creating Awareness for the business both online and around the community: Health and Safety and Fire Safety Arrangement (License): Opening party / launching party planning: Compilation of our list of shoes and footwear products that will be manufacturing: Establishing business relationship with vendors – supplier of shoe and footwear making raw materials, key stakeholders and suppliers of shoes and footwear. How to Mitigate Risk With a Risk Burndown, 5 Online Business Courses to Consider Taking in 2021, See more articles in Managing a Business ». Our selection will range from the basics of comfortable flats and sandals to the trendy style of stiletto shoes and boots. Eugene badly needs an upscale shoe store for women because the current stores have an inadequate selection. Prasenjit Pyne said on May 27, 2010. hi shahid, please get back to me via email and i will help you out. These are the areas we intend generating our start – up capital; N.B: We have been able to generate about $250,000 (Personal savings $200,000 and soft loan from family members $50,000) and we are at the final stages of obtaining a loan facility of $700,000 from our bank. Micah Smith® Shoes & Footwear, Inc. employed the services of an expert HR and Business Analyst with bias in the manufacturing industry to help us conduct a thorough SWOT analysis and to help us create a Business model that will help us achieve our business goals and objectives. Now imagine the amount of money those who are at the helms of the shoe manufacturing affairs make massive money. Micah Smith® Shoes & Footwear, Inc. has a long term plan of opening our showrooms in various locations all around Little Rock Arkansas and other key cities in the United States and Canada which is why we will deliberately build our brand to be well accepted in Little Rock – Arkansas before venturing out. They are involved in manufacturing shoe and footwear in different forms such as rubber and plastic footwear, protective footwear (Safety boots), house slippers and slipper socks. Copyright © 2021 Profitable Venture Magazine LLC | All Rights Reserved | See About Us | Contact Us | Privacy Policy | Disclaimer. We are going to explore all available means to promote our shoe and footwear manufacturing company. Our shoe and footwear manufacturing company is located in an ideal property highly suitable for the kind of manufacturing company that we want to run. Passion Soles Executive Summary . We will cultivate a working environment that provides a human, sustainable approach to earning a living, and living in our world, for our partners, employees and for our customers. Below are the sales projection for Micah Smith® Shoes & Footwear, Inc., it is based on the location of our business and other factors as it relates to shoe and footwear manufacturing start – ups in the United States; N.B: This projection is done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown and there won’t be any major competitor manufacturing or retailing same shoe and footwear products and customer care services as we do within same location. y y y y y y y y y. Engage on road shows within our neighborhood to create awareness for our shoe and footwear manufacturing company and showroom. In setting up any business, the amount or cost will depend on the approach and scale you want to undertake. This is because of the huge market that exists all around the world. As for the detailed cost analysis for starting a shoe and footwear manufacturing business; it might differ in other countries due to the value of their money. We have been able to conduct thorough feasibility studies and market survey and we know what our potential clients will be looking for when they visit our shoe and footwear manufacturing workshop or showroom; we are well positioned to take on the opportunities that will come our way. Your business plan can look as polished and professional as this sample plan. Developed economies placing their products in emerging markets will also have to adjust their pricing strategies to compete with local low-price manufacturers. We do not intend to welcome any external business partners, which is why we have decided to restrict the sourcing of the start – up capital to 3 major sources. Start planning. Start your own women's shoe store business plan. We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams. As the name of the business implies, shoes retailing stores basically retail footwear. leading the development and implementation of the overall organization’s strategy. Another threat that may likely confront us is the arrival of a new shoe and footwear manufacturing company in same location where ours is located. So also, we may not have enough cash reserve to promote our shoe and footwear manufacturing company the way we would want to do. It will provide potential lenders with detailed information on all aspects of the company's past and current operations and provide future projections. What Is a Business Proposal? Next, provide a Title Page, which is precisely what it sounds like. Your business plan can look as polished and professional as this sample plan. Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results; developing incentives; developing a climate for offering information and opinions; providing educational opportunities. Here are the payment options that Micah Smith® Shoes & Footwear, Inc.  will make available to her clients; In view of the above, we have chosen banking platforms that will enable our client make payment for farm produces purchase without any stress on their part. Large shoes and footwear companies have economies of scale in distribution and marketing and small scale shoes and footwear companies can compete successfully by crafting customized shoes and footwear based in their client’s preference. Start your own women's shoe store business plan. It will be difficult for customers to visit our shoe and footwear showroom and not see the type of shoe and footwear that they are looking for. These products also include men’s or women’s shoes with rubber or plastic soles and leather or vinyl uppers. It is a fact that economic downturn affects purchasing / spending power. There are 29,000 school-aged children, of which over 11,000 participate in the city’s 16 structured athletic programs. Passion Soles is a women-only shoe store in Eugene, OR. BUSINESS PLAN ON SHOE SERVICING. This is the key areas where we will spend our start – up capital on; We would need an estimate of $950,000 to successfully set up our shoe and footwear manufacturing business in Little Rock – Arkansas. The cost for the purchase of office furniture and gadgets (Computers, Printers, Telephone, TVs, Sound System, tables and chairs et al): Generate part of the start – up capital from personal savings, Source for soft loans from family members and friends. Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category (startups shoe and footwear manufacturing companies) in the industry meaning that they will be more than willing to build the business with us and help deliver our set goals and achieve all our aims and objectives. Passion Soles Company Summary . It's fast and easy, with LivePlan. Second, the business plan is a requirement if you are planning to seek loan funds. Maintains office supplies by checking stocks; placing and expediting orders; evaluating new products. We hired experts who have good understanding of the shoe and footwear manufacturing industry to help us develop marketing strategies that will help us achieve our business goal of winning a larger percentage of the available market in the United States of America. Oversee the smooth running of the daily office activities. New Balance and Allen Edmonds who are considered to be the two dominant players in the industry are estimated to account for an estimated 35.3 percent of the revenue generated in industry. The fact that we are going to be operating our shoe and footwear manufacturing company in Little Rock – Arkansas provides us with unlimited opportunities to sell our furniture to a large number of individuals and corporate organizations. Before choosing a location for Micah Smith® Shoes & Footwear, Inc. we conduct a thorough market survey and feasibility studies in order for us to be able to be able to penetrate the available market and become one of the preferred choice for consumers not only in Little Rock – Arkansas, but also throughout the United States and the globe. Enhances department and organization reputation by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments. The Athlete’s Foot store in Pine Ridge Square will become the athletic footwear headquarters for the City of Coral Springs, Florida. That’s all there is to it. Over and above, the shoe and footwear manufacturing industry is a profitable industry and it is open for any aspiring entrepreneur to come in and establish his or her business; you can chose to start on a small scale in small shoe and footwear making workshop or you can chose to start on a large scale with a standard shoe and footwear manufacturing factories both in the United States of America and in countries in Asia where you can get cheaper labor and raw materials. Experts project the shoe and footwear manufacturing industry to grow at a -2.7 percent annual rate. All the papers and document have been signed and submitted, the loan has been approved and any moment from now our account will be credited with the amount. Ruben originally founded proposal software, Bidsketch as a one-person company while working as a software developer for a billion dollar payroll company. There is hardly anyone on the face of the earth who doesn’t wear shoes. Leverage on the internet and social media platforms like; YouTube, Instagram, Facebook ,Twitter, LinkedIn, Snapchat, Badoo, Google+  and other platforms to promote our business. We are well positioned in the heart of Little Rock – Arkansas and we know we will attract loads of clients from the first day we open our shoe and footwear manufacturing company for business. Micah Smith® Shoes & Footwear, Inc. is a family business that is owned by Micah Smith and his immediate family members. The industry is responsible for the employment of well over 10,416 people. Just as the structure of a house varies based on location and the architect or homeowner’s preferences, business proposal components can vary based on industry, company size, and many other factors. Ajaero Tony Martins is an Entrepreneur, Real Estate Developer and Investor; with a passion for sharing his knowledge with budding entrepreneurs. Executive Summary . The size of our industry in Canada as of 2009 is 2,619 retail shoe stores. Currently, women that need a special pair of shoes often must travel up to Portland to find the right shoes. Please note that the above projection might be lower and at the same time it might be higher. The sales projection is based on information gathered on the field and some assumptions that are peculiar to startups in Little Rock – Arkansas. Brand all our official cars and trucks and ensure that all our staff members and management staff wears our branded shirt or cap at regular intervals. to ensure accurate and helpful information is supplied to customers when they make enquiries. Our excellent customer service culture, showrooms, online store, various payment options and highly secured facility will serve as a competitive advantage for us. Get the Bplans newsletter: Expert business tips and advice delivered weekly. With this development, there will be influx of new consumers and this will put pressure on product developers to meet their unfamiliar preferences and needs. If your plan is designed to help you get a bank loan, include the information about the amount, type and purpose of the funds your are seeking. How can you make your business more profitable? We are set to services a wide range of clientele not just in the United States of America, but also all parts of the world and of course to make profits, which is why we will ensure we go all the way to give our clients and potential clients options. Micah Smith® Shoes & Footwear, Inc. will at all times demonstrate her commitment to sustainability, both individually and as a firm, by actively participating in our communities and integrating sustainable business practices wherever possible. Responsible for financial forecasting and risks analysis. Starting a sneaker line production business is of course … In the United States, men’s footwear accounts for about 50 percent of sales, women’s for about 20 percent, and athletic and other footwear for about 30 percent. in Business Administration, with well over 15 years of experience in the shoe and footwear manufacturing industry, working for some of the leading brand in the United States. We have a CRM software that will enable us manage a one on one relationship with our customers no matter how large the numbers of our customers’ base may grow to. We have been able to critically examine the shoe and footwear manufacturing industry and we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. Marketing your shoe business is perhaps the most time consuming of ongoing business processes. Lastly, as part of marketing strategies, shoe and footwear manufacturing companies now ensure that they have showrooms at different locations where they display their shoes and footwear. The basic structure of your business proposal. Micah Smith® Shoes & Footwear, Inc. is launching a standard shoe and footwear manufacturing company that will indeed become the preferred choice of residence of Little Rock Arkansas and every other location where our showrooms and outlets will be opened. Here are the platforms we intend leveraging on to promote and advertise Micah Smith® Shoes & Footwear, Inc.; Aside from quality, pricing is one of the key factors that gives leverage to shoe and footwear manufacturing company, it is normal for consumers to go to places (shoe and footwear manufacturing companies and showrooms) where they can get shoes and other footwear at cheaper price which is why big player in the shoe and footwear manufacturing industry like Nike, Puma, Adidas, Clarke®, New Balance, Allen Edmonds and co will always attract loads of corporate and individual clients. It is pretty difficult to find someone in the United States and of course in other developed countries that don’t have shoes and other footwear. Supervise the workforce in the shoe and footwear manufacturing factory. This is the summary of the SWOT analysis that was conducted for Micah Smith® Shoes & Footwear, Inc.; Our core strength lies in the high quality of our finished shoes and footwear, the power of our team and the state of the art and well – equipped shoe and footwear manufacturing factory that we own. Executive Summary The Concept • Just-in-time retail stocking The Opportunity • Reduced overhead costs • Increased customer satisfaction The Potential 3. We are aware that there are several large and small shoes and footwear manufacturing companies all around the United States of America, which is why we spent time and resources to conduct a thorough feasibility studies and market survey so as to be well positioned to favorably compete with all our competitors. Going forward, shoes and footwear brands will have to position themselves to cater to a stronger middle class market. Making a launch into the shoe manufacturing industry can make just about anyone wealthy. We will also give good working conditions and commissions to freelance sales agents that we will recruit from time to time. Passion Soles will have an unmatched, extensive selection of different shoes. Start a Sneaker Line Production Business. There is a global market for shoes, which means there are large opportunities for those who want to go into shoe manufacturing, designing, or retailing. How to Write a Business Plan in Under an Hour, This is How to Build Remote Work into Your Startup Business Plan, How to Write a Business Plan for a SaaS Company, See more articles in Writing a Business Plan », How to Make Your Business Plan Standout for Investors, How to Successfully Pitch Your Business Idea to Investors, The 11 Slides You Need to Have in Your Pitch Deck for 2020, See more articles in Pitching a Business », How Your Digital Marketing Strategy Can Help Your Business Get Funding, How to Build Credit 101 for Small Business Owners. 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