Will a game shop in the UK be successful?
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Will a game shop in the UK be successful? Business Plan: Aims and Objectives: * The survival of the business in the harsh competitive world. * To make enough profit to keep the business going and to expand worldwide. * The satisfaction of the customers. Organisation:> My self as the owner.> 2 staff looking after the shop. Research: Customer needs: * A small store to buy home entertainment goods. * Games for different platforms such as PS2, GameCube, Gameboy Advance, Xbox and PC. * Different types of games such as RPG, Action, Adventure, Sport and Strategy. Competition: o Weak competition in Oxford Street. o Main competitor is another game shop called GAME Cost: * Labour = £1,000± /month/person * Power = £600± /month * Rent = £20,000± /month * Raw material = £3,000± /month * Equipments = £3,000± /month * Transport = £200±/month * Interest = £200±/month * Security = £500±/month * Loan repayment = £1,200±/month * Others = £100±/month Cash flow forecast: It is a bank's decision whether to lend out loans or not. This often...


