Store Operation Manual
Cosmetics
Stores that sell cosmetics and personal hygiene products at retail.
1 Establishment Stage
Preparing the feasibility study
1- Preparing the feasibility study
Feasibility studies and business plans are important tools to prepare at the early stage of a project idea, in order to build a thorough understanding of the requirements, procedures, and operations.
Feasibility Study's Main Points
Market Study
Technical Study
Financial Study
Feasibility Study's Key Elements
Select product or service
Calculate expected Costs
Know the expected order quantity for the selected products
Estimate business returns from sales
Business methodology
Economic feasibility of the project
2- Business Plan
The business plan contains multiple sections that represent a comprehensive vision of the establishment and management of the business and includes a brief and clear summary of the work mechanism, expected requirements, revenues, costs and other basics of starting a business.
Benefits of a Business Plan:
Define objectives accurately and provide information to support decision-making
Cost control and ease of control
A clear and approved plan to share ideas and information with parties related to the project
Explain the interdependence between the components of the work
Know the challenges, potential development opportunities and requirements for the success of your project
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