Executive Summary
Star superstore is a partnership business bringing together a departmental store, a
garment or fashion clothing sector, a food court and a computer and gaming zone.
Star superstore is going to provide all sorts of products and services for its customers.
Star superstores target is to provide its customers one stop shopping facility.
Star superstore targets to reach out to all age groups and a large northern sector of
Dhaka city, stretching from Gulshan, Bashundhara to Uttara and all the areas in
between that fall on the new express highway route.
Star superstore will be cordially managed by the four founding partners. Each partner
is going to head and manage their respective departments. Each partner will have
equal ownership and authority in decision making.
Most importantly Star superstore hopes to help develop this business sector and have
great profit generating capability through low-cost and mass selling. We are appealing
to a very large target market and hopes break-even in year 4 of its operation.
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Business Description:
This is a business plan for superstore business. So the main purpose of this business is
to provide every necessary goods and services under one roof. In this superstore there
will be a place where daily necessary items like groceries, foods will be available,
there will be a place which will be for clothing/ fashion house. This place will be used
to sell fashionable and attractive casual cloths like- casual t-shirts, T-shirts and Jeans
pants for both male and female. Also there will be a place in the superstore to sell and
electrical goods and services especially computer hardware and software and there
will be a cyber caf also. We will also keep a restaurant which will provide various
types of cuisines.
The business will be formed as a partnership business. The owners and partners of
this business will provide necessary capital needed for the business to form. The
owners of this business are four in number and they are
Mr. A
Mr. B
Mr. C
Mr. D
The profits of this business will be equally distributed among the owners.
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Apart from the main facility a superstore also must have sufficient space for
adequate storage facilities.
Superstores are generally near urban areas and rely heavily on car-users, therefore
must also have a large parking space.
Keeping all of this in mind we have selected the new 300 feet express highway road
that connects the commercial centre that is Gulshan, Banani and Bashundhara to the
further more northern section of the city that is Uttara. It is going to bring together a
vast variety of customers reaching out from people who can gain easy access all the
way from Abdullahpur and Uttara to all the established areas in between stretching to
Gulshan, Banani and Badda, Rampura. Our superstore is also going to be an ideal
shopping destination for the developing area of Jamuna-Bashundhara.
Our Mission:
Making acceptable profits and earning customer satisfaction by providing quality
goods and services as well as creating good images in the society and market.
Our Vision:
Through maintaining quality in our products and providing quality goods and services
and customer relations, we want to become the No.1 superstore in the country and we
also want to become the No.1 superstore brand in the country. So, we also want to
spread our business and want to open branches all over the country.
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For Computer Hardware and Software centre : In our computer hardware and
software centre we will sell various types of computer hardware and soft wares in a
reasonable price. We will sell original software and hardware for computers.
Soft wares we may sell: Anti- viruses, operating systems, media players, gaming
soft wares and games, and other necessary soft wares.
Hard wares we may sell: RAM, sound card, AGPs, mother boards, monitors,
keyboards, mouse, and other necessary hard wares.
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Superstore Products:
This superstore will almost have everything a person needs in his/her day-to-day life.
The primary focus of our superstore will be that our customers get everything they
want under one roof can shop with a pleasant experience. There are many products to
offer for customers, some important others less important. Like whenever customers
enters our superstore they will find a well stocked pharmacy with a paramedic present
all time as well as experienced pharmacist. The pharmacy will have medicine for all
kind of diseases from common fever to drugs for cancer and HIV. There will also be a
Photo lab where our customers can easily print photos from their camera and can even
take photos with professional photographers.
A large part of our superstore will be devoted to groceries. The groceries will be
stocked with fresh goods everyday from farmers and suppliers of our choice with
strict quality control. There will also be some 20 deep refrigerator which will contain
items like sausages, French-fries, ice-cream, nuggets, fish sticks, etc. Surrounding
them will be lines of shelves containing soft drinks of both local and foreign brands
including energy drinks.
Next will be a full section for kids and babies, where everything for babies and kids
will be present like toys, books, diapers, etc. Beside that a large kids play attended by
our highly trained employees to take care of our customers baby to let their parents
shop freely. Then there will be space for other products needed for everyday life like
nail-cutter, deodorant, soap, toothpaste etc. In our superstore will have everything
except those which hurts ours religious and cultural identity.
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MARKET ANALYSIS:
Competitive Review:
There is no real existing competition for Star superstore. The only threats that can
be considered are departmental stores like Agora and Nandan that have an existing
goodwill in the market, but that shouldnt be a problem as our vision and commercial
definition sets us apart from such departmental stores. But the clothing section of our
store may suffer from Jamuna Future Park. Apart from that there are no real threats. .
Since our primary objective is to give the lowest price tag to our customers this will
give a decisive advantage to us over our competitors. Also that these companies does
not exits in the location of our superstore, which will enable us to capture a large
portion of the market quite easily.
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people living in Gulshan, Bashundhara ,Baridhara, Uttara as our potential closest
target customers.
MANAGEMENT SUMMARY:
Management and Staffing:
Our business is a partnership business. The owners will be the top managers of this
business. When it comes to take a big decision which is very important to the business
then all four owners/partners will take decisions in a democratic way. Each owner will
manage his own site of the superstore.
Mr. A is responsible for the Super Shop (necessary commodities). This is major part
of our super market. Under him there will work two accountants, six salesmen and
four assistant.
Mr. B is responsible for the Fashion house (Clothing). Under him there will work two
accountants, two fashion designers, four salesmen and two assistant.
Mr. C is responsible for the Food Corner (mainly cold drinks and various types of
foods).Under him there will work two receptionists, one accountant, six waiters, one
supervisor and four cook.
Mr. D is responsible for the computer accessories & Gaming Zone (mainly IT
department of super market). Under him there will work two programmers, one
accountant, six operators and one receptionist.
Organization chart:
Organization chart is a visual representation of a firms structure that illustrates job
positions and functions. It is one of the vital parts of a business plan. So we have
created a simple organization chart for our business. The organization chart of Star
Superstore is given on the next page
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Founders/Owners
Manager
Cyber Point & Game
Zone
Programmer
Assistant Manager
Accounts
Assistant Manager
Stuff
Assistant Manager
Client
Assistant
2
Assistant
4
Assistant
4
Manager
Fashion house (Clothing)
Assistant Manager
Accounts
Assistant Manager
Client
Assistant
2
Designer
Assistant Manager
Stuff
Assistant
4
Assistant
4
Manager
Food Corner
Cook
Assistant Manager
Accounts
Assistant Manager
Client
Assistant
2
Assistant Manager
Stuff
Assistant
4
Assistant
4
Manager-superstore
(main)
Assistant
Manager
Accounts
Assistant
Manager
Client
Assistant
2
Assistant
Manager
Stuff
Assistant
4
Assistant
4
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Financial Plan:
Start-up Summary
Start-up Expenses
Licensing
TK.100000
Decoration
TK.1250000
Miscellaneous
TK.2000000
_____________________________________________________________
Total Start-up Expenses
Tk.3350000
Start-up Assets
Cash Required
Tk.5000000
Start-up Inventory
Tk.50000000
Tk.30000000
Long-term Assets
Tk.100000000
______________________________________________________________
Total Assets
Tk.185000000
_________________
Total Requirements
TK.188350000
Source
Amount
Percentage
Owners
Mr. A Tk.20000000
42.5%
contribution
Mr. B Tk.20000000
Mr. C Tk.20000000
Mr. D Tk. 20000000
Term loans
108350000
Total
188350000
57.5%
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We plan on contributing as much as capital possible by ourselves which is estimated
Tk.80000000 and rest is planned to be obtained by loans.
Year 1
Revenue
Cost of Goods Sold
Gross Profit
Year 2
Year 3
Year 4
Year 5
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Weakness:
The lack of experience of the four partners can be defined as a weakness. All the
partners are still quite nave to be capable of managing and taking important
decisions. The best result come from personal experience which all the founding
partners lack.
Opportunities:
Such a business does not exist in any other part of the country, so if successful Star
superstore can expand to other sites of Bangladesh, like opening new branches of Star
superstore in Chittagong, Sylhet and other developed states of the country that have
potential customers with buying power.
Sponsors can be a scope of opportunity waiting to be utilized. Sponsors are always
willing to provide services and equipments to hosts which eventually help raise the
sell of their own products. Such benefits can be absorbed to reduce a massive amount
of start-up cost required.
Threats:
Conflict among the partners is the biggest concern of Star superstore. We know
that partnership businesses are easy to form but hard to dissolve. Conflicts pose great
threats to partnerships.
Bangladesh Govt. imposes great tariffs and taxes on foreign goods and merchandise.
Star superstore wants to provide its customers with several choices in everything
product they buy including foreign and local products. If the taxes remain so high Star
superstore wont be able to provide its customers foreign products at attractive prices.
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Conclusion:
From the findings of this report, it can be said in brief that Star Superstore is
committed to help those people who are exhausted by their day-to-day business by
providing almost all kinds of daily necessaries under one roof.
As our life is getting busier day by day, Star Superstore is expected to attain success
through cordial service and efficiency within a short span of time. If the founders can
maintain a proper management, Star Superstore will be able to expand its business to
the other districts of Bangladesh.