New Ventures
- Marketing and Feasibility Studies
- Store Plans and Quotations
- Business Plans
- Project Management after Beneficial Occupation
- Inspection of Installed Equipment as per Financing Agreement
- Monitoring of the Business after Opening, with Monthly reports, to enable your institution to proactively manage risk.
A Standard Contract for a new store would be:
- Feasibility Study and Cash Flow Projection
- Business Plan (which includes Market Survey)
- Project management after Beneficial Occupation
- 12 Months Store Performance Report
Typical assistance given to new ventures includes:
Pre Occupation:
- Feasibility study, to determined tenant mix, size, which departments are required in the anchor tenant store.
- Assist to secure anchor tenant, plus line shops.
- The correct franchise will be approached for the target markets.
- Assist with the negotiation of rentals for both the landlord and tenants.
- Layouts of the anchor tenant and line shops will be done if required.
- Detailed plans with all services will be submitted to the architect to be handed in to the municipality to be passed.
- Contractors to do the second fix can be appointed.
- Quotations will be called from reputable companies.
- Lease repayments, average gross profit and expenses will be worked out; this will produce "The Break-even Point" of the operation.
- A projection, with budgets will be worked out for a 12-month period.
- The gearing of the operation will be draw up.
- A business plan will be draw up for presentation to the chosen financial institution.
Occupation:
- The operation can be project managed up to and including beneficial occupation.
- A detailed Merchandising Layout to optimise customer flow will be draw up.
- Suppliers and services will be sourced.
- The operation will be project managed from beneficial occupation to opening day.
- There is an option of in-store training or sourcing of outside merchandisers - the merchandising of the operation will be overseen.
- Assistance can be given on staff selection and recruitment.
- Systems and controls to suit the operation will be designed and implemented.
Opening:
- The most effective media will be used to launch the centre and/or operation.
- Community and opening events can be arranged.
Post opening:
The operator now has the opportunity to go on to the services offered to an existing operation.