Project Management Process Steps

This assignment presents a comprehensive flowchart depicting the various stages of a project management process. It begins with initiating the project, defining its scope and objectives, and culminates in project closure. Key stages include developing a project charter, assembling the project team, creating a project plan, executing tasks, managing risks, conducting status meetings, and gathering feedback for lessons learned. The flowchart provides a visual representation of the sequential order of activities within each phase of the project lifecycle.

German book chain Thalia Project
Project Plan Statement
Project Name: German online Bookstore Project
Project
Number:
1
Project
Manager:
Date:
Business case
Product sales Revenue has been falling for any small family owned german
centered bookseller business steadily. The particular German Bookstores
would be especially well known for selling an array of books of Irish curiosity at
very good price.
The particular Bookstore needs to go on the
Objectives
Setup a new corporate website along with ecommerce shop to:
o Increase revenue.
o To get aligned with available technology
o Promote the actual bookseller chain.
o Expand Item range.
o Provide chance to review and buy on-line Textbooks, Videos, Computer
Games, Music Compact disks.
o Function of safe Payment/Fulfillment/Returns.
o 24/7/365 online availability
o
Scope description
The particular project to be completed plus combined to the particular
continuous service of multiple individuals. The Online Bookshop Website needs
to be designed, developed, tested plus setup from start to complete by
outsourced company Dodgico on the hardware and software program supplied
by Dodgico. The testing from the Website must take place simply no later than
from the 31st of August 2007. Associated with November 2007 live articles of
the site should be released by the 3rd. The Satisfaction and Payments service
to become outsourced to a payment digesting company Slan.
Acceptance criteria
Initial testing results to be given by 15th of September 3 years ago with
regularity of 14 days. The project to be Recognized upon a creation associated
with ecommerce shop supporting 24/7/365 service to the customers ready to
purchase Books, Videos, Video games, Tunes CDs with move live date of
twelfth of November 2007
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German book chain Thalia Project
Deliverables
o Website designed across various geographic regions and not dependent
on home markets which will increase economies of level.
o Website design must promote the particular 100 history of the company.
o Individual categories for CD's, Movies, video clip books and games are
already implemented with an easy to get around search function.
o A 'preview this book' section has been put in place in order to get an
idea associated with product before purchase.
o An option to choose to read internet site in a different language will be
apparent on all web pages.
o Website supports multi-currency to increase overseas profits.
o Online help feature together with integrated support allows for year-
round customer satisfaction.
o Exclusions
o Network upgrades not heading ahead.
o Communication plus monitoring equipment.
o Additional cooling system required.
o Broadband not really getting an upgrade.
Constraints
o The Budget has being restricted to €450, 000. Necessary for potential
project overruns.
o Staff involvement within the project shall be minimal; Internal IT
resources will have a small role in the project.
o Lack of consultation with workers and unions, employees may refuse to
cooperate with the task when this really is complete.
o No funds has been given within the budget to train workers, and hire
additional THIS and logistics staff
o The personal computer room is definitely inadequate to hold the
required system.
o The network will need upgrading and high-speed connection will need to
be improved. There is no profit the budget to do perhaps.
o Signing the contract along with Dodgico, will limit the particular
company’s options.
Assumptions
o The Project budget is not going to exceed €450, 000. The sum of the
€450, 000 has been made accessible to complete the project. The
assumption is that this figure will not be surpass.
o Of November offers already been confined to the task a completion date
from the end. The deduction is how the project will be completed simply
by the end of Nov and become ready for the Christmas marketplace.
o The Internal IT resources would have only the particular minimum role in
the project.
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German book chain Thalia Project
o Of February the Task would official start on the particular 26th, following
the appointment of the project manager
o Dodgico will supply all of the software plus hardware.
o Dodgico is going to be responsible for designing, developing, tests and
installing the new internet site from start to finish.
o The steering committee may meet every month to review the particular
project and to support the particular project manager.
Known Risks
Improved competition from international on the internet market
Apathy towards task within senior management group, cost/time (speed to
market) balance.
Time frame for finalization very tight - lacking Christmas market may possess a
significant impact on already limited funds.
1. Tender procedure was not introduced for the candidate selection of
suppliers - each Dodigco and Slan are already appointed on
recommendation -- risk because of this that Browns will not really
receive the greatest service and value intended for money - no bench-
marking.
2. Lack of any supply for any IR issues within the part out of the new web
site, no allocated time intended for training also. Lack of assistance or
commercial action through (very concerned) key functional staff and
unions can undermine as well as derail a quick and efficient role away.
3. Lack of provision/budget for your skilled additional staff in addition any
redundancy responsibilities required.
4. Slan show up to be a skilled supply however out-sourcing such significant
elements that will eventually determine the long term achievement of
the web site may weaken the timely completion of the particular project.
High Level Estimate’s of Time and Cost
Project organization and Governance
Steering committee – (Dan Brown, Chairman, GB, JB, MB, consultant) – Project
Manager – Sub-contractors.
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German book chain Thalia Project
Milestones Date
Project manager appointed 16th February 2017
Contracts finalized 30th March 2017
Website developed and ready for test 31st August 2017
Live content developed and loaded 3rd November 2017
Go Live 12th November 2017
Project Budget
Maximum budget EUR 450,000.
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German book chain Thalia Project
WBS – Work Breakdown Structure
Page 5
Brown’s online
Bookstore
1
Initiation
1.1
Planning
1.2
Execution
1.3
Control
1.4
Create Preliminary
Scope Statement
1.2.1
Closeout
1.5
Evaluation &
Recommendations
1.1.1
Develop Project
Charter
1.1.2
Deliverable: Submit
Project Charter
1.1.3
Project Sponsor
Reviews Project
Charter
1.1.4
Project Charter
Signed/Approved
1.1.5
Determine Project
Team
1.2.2
Project Team Kickoff
Meeting
1.2.3
Submit Project Plan
1.2.4
Finalize Contracts
with Vendors
1.2.5
Milestone: Project
Plan Approved
1.2.6
Project Kickoff
Meeting
1.3.1
Verify & Validate
User Requirements
1.3.2
Design System
1.3.3
Procure
Hardware/Software
1.3.4
Install Development
System
1.3.5
Testing Phase
1.3.6
Install Live System
1.3.7
User Training
1.3.8
Go Live
1.3.9
Project
Management
1.4.1
Project Status
Meetings
1.4.2
Risk Management
1.4.3
Update Project
Management Plan
1.4.4
Audit Procurement
1.5.1
Document Lessons
Learned
1.5.2
Update Files/
Records
1.5.3
Gain Formal
Acceptance
1.5.4
Archive Files/
Documents
1.5.5

German book chain Thalia Project
They are some of the products that we will certainly retail in our book shop;
o Trade books
o Religious products (including books)
o Textbooks
o Magazines and newspapers
o Retailing brand new books (including e-books)
o Retailing newspapers
o Retailing magazines along with other periodicals
· Retailing of letter head and other related merchandise (pens, pencils,
erasers, writing patches, notice boards, writing planks, crayons, water colors,
plaster of Paris, stick -- on, and cardboards ainsi que al)
Our Vision Declaration
Our vision is to set up an one stop book shop in Los Angeles - Ca and in other
cities in the usa of America.
o Our Objective Statement
Our mission would be to establish a book store company that will make
available a wide range of publications and stationeries from best brands at
affordable prices to the home of Los Angeles - Ca and other cities in the
United States associated with America where we plan opening our outlets
plus selling our franchise.
o Our Business Structure
German Book Store™ do not plan to start a book store company like the
usual mom plus pop business around the road corner; our intention
associated with starting a book store company is to build a standard guide
store that will be an one -- stop shop for household requirements which is
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German book chain Thalia Project
why we will ensure that all of us put the right structure in position that will
support the kind of development that we have in mind while establishing the
business.
We are going to ensure that we only employ people that are qualified,
honest, client centric and are ready to function to help us build a profitable
business that will benefit all of the stake holders (the proprietors, workforce,
and customers).
In fact, profit-sharing arrangement will be distributed around all our
management personnel and it will be based on their own performance for a
period of 5 years or more especially when all of us start selling our business
or running chains associated with book stores. In view of this, we now have
decided to hire qualified plus competent hands to take up the following
positions;
o Chief Executive Official (Owner)
o Store Manager
o Merchandize Manager
· Marketing and Sales
o Information Technologist
o Accountants / Cashiers
o Cleaners
Functions and Responsibilities
Chief Executive Officer - TOP DOG (Owner):
o Increases management’s usefulness by recruiting, selecting, orienting,
training, coaching, counseling, plus disciplining managers;
communicating ideals, strategies, and objectives; determining
accountabilities; planning, monitoring, plus appraising job results;
building incentives; having a climate for offering info and opinions;
providing academic opportunities.
o Creates, communicates, plus implements the organization’s eyesight,
mission, and overall path - i. e. top the development and execution of
the overall organization’s technique.
o Responsible for fixing costs and signing business offers
o Responsible for providing path for the business
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German book chain Thalia Project
o Creates, convey, and implement the organization’s vision, mission, and
general direction - i. electronic. leading the development plus
implementation of the overall organization’s strategy.
o Responsible for putting your signature on checks and documents for
the company
o Evaluates the success of the business
Store Manager:
o Responsible with regard to managing the daily activities shopping
o Ensure that the store service is in tip top shape plus conducive enough
to pleasant customers
o Maintains office materials by checking stocks; putting and expediting
orders; evaluating new products.
o Ensures procedure of equipment by finishing preventive maintenance
requirements; phoning for repairs.
o Updates work knowledge by participating in academic opportunities;
reading professional magazines; maintaining personal networks; taking
part in professional organizations.
Enhances division and organization reputation simply by accepting
ownership for achieving new and different requests; discovering
opportunities to add value in order to job accomplishments.
o Defines work positions for recruitment plus managing interviewing
process
o Carries out staff induction for brand spanking new team members
o Responsible for coaching, assessment and assessment of workers
o Interfaces with 3rd - party providers (vendors)
o Controls the sales ground inventory
o Ensures that products and products are correctly arranged
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German book chain Thalia Project
o Supervises the entire product sales staff and workforce
o Handles any other duty as designated by the CEO
Merchandize Supervisor
o Manages vendor relations, marketplace visits, and the ongoing
schooling and development of the organizations’ buying teams
o Helps to make sure consistent quality of products on our rack
o Responsible for that purchase of books plus stationeries for the
organizations
o Responsible for planning sales, checking inventory, selecting the
merchandise, plus writing and pricing purchases to vendors
o Ensures that the organization works within stipulated budget.
Product sales and Marketing Manager
o Manages external researches plus coordinate all the internal causes of
information to retain the organizations’ best customers and appeal to
new ones
o Models market information and analyze the particular volumes of
transactional information generated by customer buys
o Identifies, prioritizes, and gets to out to new partners, plus business
opportunities et al
o Responsible for supervising implementation, recommend for the
customer’s needs, plus communicate with clients
o Develops, perform and evaluate new programs for expanding increase
product sales
o Documents all customer get in touch with and information
o Represents the organization in strategic meetings
o Helps increase sales and development for the company
Information Technologist
o Manages the organization website
o Handles ecommerce aspect of the business
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German book chain Thalia Project
o Responsible for installing and repair off computer software and
hardware for that organization
o Manages logistics and provide chain software, Web machines, e-
commerce software and POS (point of sale) techniques
o Manages the organization’s SECURITY CAMERA
o Handles any other technological also it related duties.
o Accountant or Cashier
o Responsible for planning financial reports, budgets, plus financial
statements for the business
o Provides managements with monetary analyses, development
budgets, plus accounting reports; analyzes monetary feasibility for the
most complicated proposed projects; performs market research to
forecast styles and business conditions.
o Responsible for financial forecasting plus risks analysis.
o Performs money management, general ledger data processing, and
financial reporting
o Responsible for developing and controlling financial systems and
guidelines
o Responsible for administering payrolls
o Ensures compliance with taxation legislation
o Handles all monetary transactions for the organization
o Serves as internal auditor for that organization
Client Service Professional
o Ensures that all contacts along with customer (e-mail, walk-In middle,
SMS or phone) offers the client with a personalized customer support
experience of the highest level
o Through interaction with customers around the phone, uses every
chance to build client’s interest in the particular company’s products
and services
o Manages management duties assigned by the shop manager in an
effective plus timely manner
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German book chain Thalia Project
o Consistently remains abreast of any new home elevators German Book
Store™ products, promotional campaigns and so forth to make sure
accurate and helpful information comes to our customers when they
ask
Cleaners:
o Responsible with regard to cleaning the store facility all the time
o Ensures that toiletries plus supplies don’t run out associated with stock
o Cleans both the exterior and interior of the store facility
o Handles any other duty as designated by the store manager.
On the internet Book Store Business Strategy - SWOT Analysis
Our own intention of starting only one outlet of our book shop in Los Angeles
- Ca is to test run the company for a period of 2 in order to 4 years to know
whenever we will invest more money, increase the business and then open
some other chains of book shops all over California and perhaps furthermore
sell franchise through the United states and Canada.
We are very aware that there are several guide stores all over Los Angeles
as well as the same location where all of us intend locating ours, which
explains why we are following the due procedure for establishing a business.
We know that if a proper SWOT analysis is conducted for the business, we
are able to position our company to maximize our strength, leverage around
the opportunities that will be available to all of us, mitigate our risks and
become welled equipped to deal with our threats.
German Book Store™ employed confer with an expert HR and Company
Analyst with bias within retailing to help us carry out a thorough SWOT
analysis and also to help us create a business structure that will help us
achieve our own business goals and goals. This is the summary of the SWOT
analysis that was conducted with regard to German Book Store™;
o Strength:
Our location, the company model we will be operating upon (one stop
physical shop and online store), types of payment options, wide range of
publications and stationeries from nearby and international manufacturing
brand name and our excellent customer support culture will definitely count
like a strong strength for German Book Store™.
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German book chain Thalia Project
o Weakness:
A major weakness that may count number against us is the fact that we have
been a new book store within Los Angeles and we don’t have the particular
financial capacity to engage within the kind of publicity that we plan giving
the business.
o Opportunities:
The truth that we are going to be operating our own book store in one of the
most frantic school districts with the correct demographic composition in La -
California provides all of us with unlimited opportunities to market our items
to a large number of individuals.
o Threat:
We have been quite aware that exactly like any other business, among the
major threats that we are most likely going to face is downturn in the
economy. It's true that economic downturn affects buying power. Another
threat that may probably confront us is the introduction of a new book shop
in same location exactly where ours is located or even the introduction of a
mall where publications and stationeries are retailed et al.
Online Guide Store Business Plan -- MARKET ANALYSIS
· Market Styles
One notable trend within the retailing com book shop industry is the ever
altering consumer behavior and of course growing competition from e-
commerce plus alternative retailers like bulk merchandisers et al. This
particular trend is part of what exactly is responsible for the decline within
the revenue generated by guide stores companies.
Although these types of trends are forecast to keep over the next 5 many
years, a few book stores will take advantage of increasing demand for new
systems, such as e-readers. Past every reasonable doubt, the particular book
store companies that may successfully flow with the pattern and keep up
with consumer plus technology trends will definitely cost well in the coming
many years, while the continued decline within physical book sales could
keep the overall industry in constant decline.
In case you keep tab with guide store business and selling business
generally, you would possess noticed that It is now a common trend for book
stores in order to leverage on technology in order to effectively predict
consumer need patterns and to strategically placement their store to meet
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German book chain Thalia Project
their own needs; in essence, the use of technologies help retailers to
maximize provide chain efficiencies. No doubt information collected from
customers will go a long way to help retail stores function them better.
Lastly, an additional common trend in the selling cum book store business is
the pricing system. Apart from having varieties and high quality of the items
in a guide store, one of the easiest ways with regard to players in this line of
business to market the books or stationeries on their racks as fast as they
could and keep re - stocking is to ensure that the prices of the items are a bit
less than what is obtainable in elsewhere. For instance , it is common to see
books or even stationeries with prices with this format; $3. 99, $99. 99 and
$199. 99 et al as towards $4. 00, $100 plus $200.
o Our Target Market
With regards to selling items that are found within book stores, there is
certainly indeed a wide range of available clients. Essentially, our own target
market can’t be limited to just a group of people, but all those that resides in
the locations exactly where we intend opening our own book store. One thing
is for certain; we will ensure that we just retail quality and inexpensive items
(books and stationeries) in our book store.
Because of that, we have positioned our own book store to support the
residence of La - California and every some other location where our guide
stores will be located all around the United States of America and Canada.
We now have conducted our market research and have ideas of exactly what
our target market would be anticipating from us.
We are running a business to retail items (books and stationeries et al) to the
following groups of individuals;
o Schools and Students
o Bachelors and Spinsters
o Corporate Professionals
o Business People
o About in order to wed couples
o Expectant Moms
o Sports Men and Women
o Government authorities
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German book chain Thalia Project
o Tourists
Our Competitive Benefit
German Book Store™ is launching a standard plus registered book store
which will indeed become the preferred option for residence of La - California
and in almost every other location where our stores of book stores is going to
be opened.
Our book shop is located in a corner piece house on a busy road straight
opposite one of the largest home estates in Los Angeles plus few meters
away from the busy school district. We now have enough parking space that
may accommodate well over 25 vehicles per time.
One thing is for certain; we will ensure that we have an array of quality and
affordable products (books and stationeries) obtainable in our store at all
times. It can be difficult for customers to visit our own store and not see the
items which they are looking for. One of our own business goals is to create
German Book Store™ an one stop book shop.
Our own highly experienced and competent management, customer service
culture, online shop, various payment options plus highly secured facility
along with enough packing space will even serve as a competitive benefit for
us.
Lastly, almost all our employees will be nicely taken care of, plus their
welfare package is going to be among the best within our category (startups
book store companies within the United States) in the industry. It is going to
enable them to be more compared to willing to build the business around
and help deliver our arranged goals and achieve almost all our business aims
plus objectives.
On the internet Book Store Business Strategy - SALES AND ONLINE
MARKETING
STRATEGY
Sources associated with Income
German Store™ is established with the purpose of maximizing profits in the
book shop and retailing industry and are going to go all the way to make
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German book chain Thalia Project
sure that we do all it requires to sell a wide range of book shop related
products to a broad variety of customers.
German Store™ will generate income simply by retailing the following items
(books and stationeries);
o Trade publications
o Religious goods (including books)
o Textbooks
o Magazines and papers
o Retailing new books (including e-books)
o Retailing newspapers
o Retailing magazines and other periodicals
o Retailing of stationery and other associated merchandise (pens,
pencils, erasers, writing pads, notice planks, writing boards, crayons,
drinking water colors, plaster of Paris, france, stick - on, plus
cardboards et al)
Product sales Forecast
One of the reasons why we have been in business is to make cash and so we
have to make product sales projections before actually producing the money.
It is important to state that our own sales forecast is based on the
information gathered during our feasibility studies, marketplace survey and
also some of the presumptions readily available on the field.
One thing is usual with book store company, the larger a book store
(including varieties of quality items in affordable prices), the bigger the
numbers of customers which will patronize them. Even though we may not
be as big as the biggest book shops or retailers in the United States, but we
will ensure that inside our capacity we make available an array of items
(books and stationeries) et al from various brands / publishers each local and
foreign producers in our store.
Below are the particular sales projections that we could come up with for the
first 3 years of operations;
o First Financial Year-: $75, 000
o Second Fiscal Year-: $250, 500
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German book chain Thalia Project
o Third Fiscal Year-: $400, 000
N. B: This particular projection is done based on what exactly is obtainable in
the industry and with the presumption that there won’t be any kind of major
economic meltdown as well as the arrival of a competitor within same
location as our bait within the period stated over. Please be aware that the
above projection may be lower and at the same time it may be higher.
o Marketing Strategy plus Sales Strategy
Before selecting a location for German Book Store™, we carry out a
thorough market survey plus feasibility studies in order for all of us to be
able to be able to penetrate the particular available market and become the
most preferred choice for residence associated with Los Angeles - California
and every other cities where our own chains of book shops will be opened.
We have comprehensive information and data that people were able to
utilize to framework our business to appeal to the numbers of customers we
would like to attract per time.
All of us hired experts who have great understanding of the book shop /
retailing industry to assist us develop marketing techniques that will help us
achieve our own business goal of successful a larger percentage of the
obtainable market in Los Angeles -- California.
Consist of to continue to be in business plus grow, we must always sell the
products that are available within our store which is why we will proceed all
out to empower or even sales and marketing group to deliver. In summary,
German Book Store™ will follow the following sales and advertising
approach to win customers more than;
o Introduce our book shop by sending introductory characters to schools,
residence, company owners and organizations in and around La -
California
o Open our book shop with an open house celebration for people in the
community
o Advertise our own business in community dependent newspapers, local
TV plus radio stations
o List our company on yellow pages ads (local directories)
On the internet Book Store Business Strategy - Publicity and Marketing
Strategy
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German book chain Thalia Project
Even though our book store will be well located, we are going to still go
ahead to heighten publicity for the business. We are going to explore almost
all available means to promote our own book store.
German Book Store™ has a long-term plan of opening stores of book stores
in a variety of locations all around the United States of America plus Canada
which is why we will intentionally build our brand to become well accepted in
La - California before going out.
As a matter of fact, our promotion and advertising strategy is just not solely
for winning clients over but to efficiently communicate our brand towards the
public. Here are the systems we intend leveraging onto promote and
advertise German Book Store™.
o Place adverts on both print (community based newspapers and
magazines) and electronic media systems
o Sponsor relevant community applications
o Leverage on the internet and social media systems like; Instagram,
Facebook, tweets, et al to promote our own brand
o Install our Expenses Boards on strategic areas all around Los Angeles -
Ca
o Engage in road display from time to time in and around the location
associated with book store
o Distribute our own fliers and handbills within target areas in the
community exactly where our book store is situated
o Position our Flexi Ads at strategic positions within the location where
our guide store is located.
Our Pricing Technique
We believe so much to keep our prices at the simplest minimum, and that is
why we are going to make sure that our price does not end up scaring
people. Prices is one of the key factors that provides leverage to book shops
and retailing business usually, it is normal for customers to go to places
(book stores) where they can get products (books and stationeries) in
cheaper price which is why large player in the book store or retail industry
like appeal to loads of consumers.
We all know we don’t have the capacity in order to compete with other
bigger guide store and malls, yet we will ensure that the prices of all of the
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German book chain Thalia Project
items that are available in our guide store are competitive using what is
obtainable amongst guide stores within our level and our location.
o Payment Choices
At German Store™, our payment plan is all inclusive because we have been
quite aware that each person prefers different payment choices as it suits
them. Listed below are the payment options which will be available in every
of our stores;
o Payment by cash
o Payment via Point of Purchase (POS) Machine
o Payment through online bank transfer (online payment portal)
o Payment through Mobile money
o Payment along with check (from loyal customers)
In view of the above, we now have chosen banking platforms that will assist
us achieve our transaction plans without any itches.
o Start - Up Expenditure (Budget)
Within setting up any business, the total amount or cost will depend on the
particular approach and scale you would like to undertake. If you plan to go
big by hiring a place, then you definitely would need a good amount of
capital while you would need to ensure that your employees are very well
taken care of, which your facility is favorable enough for workers to become
creative and productive.
The various tools and equipment that will be utilized are nearly the same
price everywhere, and any distinction in prices would be minimum and can
be overlooked. When it comes to detailed cost analysis with regard to
starting a book store company; it may differ in other countries due to the
associated with their money.
When it comes to starting an e book store business the major places that you
look towards investing the bulk of your cash is in obviously renting or leasing
a typical store facility. In addition to that, about to catch expected to spend
much aside from paying of your employees as well as the stocking of your
store.
This is actually the key areas where we will invest our start - upward capital;
o The Total Charge for Registering the Business within California - $750.
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German book chain Thalia Project
o Legal expenses for obtaining permit and permits as well as the data
processing services (software, P. U. S machines and other software) -
$1, 300.
o Marketing promotion expenses for the great opening of Pappy M &
Sons Liquor Shop in the amount of $3, five hundred and as well as flyer
publishing (2, 000 flyers in $0. 04 per copy) for the total amount of --
$3, 580.
o Cost with regard to hiring Consultant - $2, 500.
o Insurance (general legal responsibility, workers’ compensation and
house casualty) coverage at a complete premium - $2, four hundred.
o Cost for payment associated with rent for 12 30 days at $1. 76 for each
square feet in the complete amount of $105, 600.
o Cost for Shop remodeling (construction of racks and shelves) - $20,
000.
o Other start-up expenses including letter head ($500) and phone plus
utility deposits - ($2, 500).
o Operational cost for that first 3 months (salaries associated with
employees, payments of expenses et al) - $60, 000
o The cost with regard to Start-up inventory (stocking having a wide
range of both locally plus imported quality books plus stationeries from
different production brands / publishers) -- $70, 000
o Storage equipment (bins, rack, shelves, meals case) - $3, 720
o Cost for store gear (cash register, security, air flow, signage) - $13, 750
o Cost of purchase plus installation of CCTVs - $5, 000
o The cost for that purchase of furniture plus gadgets (Computers,
Printers, Phone, TVs, Sound System, tables plus chairs et al) -- $4, 000.
o The price of Launching a Website - $600
o The cost for our starting party - $7, 500
o Miscellaneous - $10, 500
We would need an estimation of $250, 500 to successfully set up our own
book store in La - California. Please be aware that this amount includes the
particular salaries of all the staff for that first month of procedure.
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German book chain Thalia Project
Generating Funding / New venture Capital for German Book Store™
German Book Store™ is a family members business that is solely possessed
and financed by Mrs. Clara White - Osteen and her family. They cannot
intend to welcome any exterior business partners; which is why they have
decided to restrict the finding of the start - upward capital to 3 main sources.
They are the areas we intend producing our start - upward capital;
o Generate section of the start - up funds from personal savings
o Source for soft loans through family members and friends
o Apply for loan from the Bank
On the internet Book Store Business Strategy - Sustainability and
Growth Strategy
The future of a business lies in the particular numbers of loyal customers
they have the capacity and competence from the employees, their own
investment strategy and the company structure. If most of these factors are
missing from the business (company), it won’t be too long prior to the
business close shop.
Among our major goals associated with starting German Store™ is to build a
company that will survive off its very own cash flow without the need for
treating finance from external resources once the business is formally
running. We can say that one of the ways of gaining authorization and
winning customers more than is to sell our publications, stationeries along
with other book related merchandize a bit cheaper than what is accessible in
the market and we are well ready to survive on lower income margin for a
while.
German Book Store™ will make sure that this right foundation, constructions
and processes are set up to ensure that our staff well being are well taken of.
Our own organizations’ corporate culture is made to drive our business in
order to greater heights and training plus re - training in our workforce is at
the top burning.
As a matter of fact, profit-sharing arrangement is going to be made available
to all our administration staff and it will be depending on their performance
for an amount of three years or more. We know that in case that is put in
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German book chain Thalia Project
place, we will be capable to successfully hire and support the best hands we
can enter the industry; are going to more committed to help all of us build
the business of our desires.
Check List or Milestone
o Business Name Accessibility Check: Completed
o Business Sign up: Completed
o Opening of Business Bank Accounts: Completed
o Securing Stage of Sales (POS) Devices: Completed
o Opening Mobile Cash Accounts: Completed
o Opening On the internet Payment Platforms: Completed
o Application and Obtaining Tax Payer’s ID: In Progress
o Application with regard to business license and permit: Finished
o Purchase of Insurance for that Business: Completed
o Leasing associated with facility and remodeling your local store: In
Progress
o Conducting Feasibility Research: Completed
o Generating capital through family members: Completed
o Applications with regard to Loan from the bank: Happening
o Writing of Business Strategy: Completed
o Drafting of Employee’s Handbook: Completed
o Drafting associated with Contract Documents and other related Legal
Documents: In Progress
o Design of The Company’s Logo: Finished
o Graphic Designs and Publishing of Packaging Marketing or Promotional
Materials: In Progress
o Recruitment associated with employees: In Progress
o Purchase from the Needed furniture, racks, shelves, computers,
electronic appliances, CCTV and office appliances: In progress
o Creating Official Website for the Organization: In Progress
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German book chain Thalia Project
o Creating Awareness for that business both online and round the
community: In Progress
o Health plus Safety and Fire Security Arrangement (License): Secured
o Opening party / launching celebration planning: In Progress
o Compilation in our list of products that will be obtainable in our
convenience store: Finished
o Establishing business relationship with suppliers - wholesale suppliers
of numerous brands of products that we plan retailing: In Progress
GANTT CHART
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German book chain Thalia Project
Reference
[1] Indian Health Service has required that the “electronic version [of the
schedule] shall be compatible with Microsoft Office Project”. Catholic
Healthcare West also uses MS Project Enterprise system on their projects.
[2] Ron Winter, PSP and F. Burak Evrenosoglu, CCE PSP 2009 AACE
International Transactions PS.15 “Much Ado About Dates” Understanding P6
Date Information
[3] Planning and Scheduling Using Microsoft Office Project 2007, Paul E.
Harris, published by Eastwood Harris Pty Ltd
[4] Microsoft Project Standard 2002, Microsoft Corporation, copyright 2002
[5] AACE Recommended Practice 53R-06, “Schedule Update Review”
[6] AACE RP 29R-03, “Forensic Schedule Analysis”
[7] Acumen Fuse by Acumen
http://www.projectacumen.com/fuse/information/integration/
[8] Project Analyzer by Steelray Software
http://www.steelray.com/steelray_project_analyzer_overview.php
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