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I. Executive Summary
Today in women’s golf, there are over 2,600 Girl Junior golfers in the world who
are registered with the Junior Golf Scoreboard. In 2009, there were 122 Non-Americans
from 27 countries on the LPGA Tour (Ladies Professional Golf Association). There are
9,017 golfers on the Women’s World Golf Rankings; Therefore, women’s golf style is
very unique and stylish. However, some of the clothing in women’s golf is a challenge to
find for many women golfers. Our business, H&H Golf Clothing would like to open a
retail store for female golfers. H&H Golf Clothing would also include for women the
following: skorts, mini shorts, pant, collared shirts (sleeveless and cap sleeved), jackets,
and pullovers in our stores for a reasonable price. Every woman should be creative with
her outfits and should not have to pay so much money for golf clothes worn on the course
or in public.
Our mission at H&H Golf Clothing is to make the buying process for the
customer more efficient, simple, and have a wide variety compared to other retail stores.
The Objectives for H&H Golf Clothing are:
1) Sponsor College Golfer who are going into the LPGA
2) Provide customers with a wide variety of golf clothes, and excellent
services. Also, track ratings by the surveys and reviews on our web
site.
3) Create an efficient and easy web site. We will survey the efficiency of
the web site based upon the stickiness of the web site.
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II. PROPOSED BUSINESS/PRODUCT/SERVICE
A. Explanation of Product
H&H Golf Clothing is a retail store with golf clothing for all female golfers to
choose from. The shorts and skorts (skirt with shorts underneath built in) come in
various and patterns, sizes, and different lengths. Also, our capped short sleeved,
sleeveless, long sleeved shirts, and pullover jackets come in many interchangeable colors.
Our products are mainly made out of cotton and polyester which makes the golfer
comfortable. Now when the golfer swings the club, it gives them a more comfortable
feeling while spending their time and improving their swing out on the course.
B. Description of the opportunity that exists
Most women, when looking for specific golf clothing, find it difficult to be
successful at finding the right size or pattern. In these sports stores, there is a limited
selection of clothing for women to choose from. Whatever happened to women’s golf
clothing becoming popular in unlimited styles with all patterns, sizes, colors, and prices?
No matter the style of the clothing for women in golf, our brand will have unlimited
styles to display on and off the course.
C. Description of the Target Market
Women’s golf clothes show that they respect the game of golf and are respected
by others on the course. The colors and patterns of our clothing will show these women
how their style relates to their normal clothing. H& H Golf Clothing is aiming for female
golfers between the ages of 16-25 to wear these styles out on the course while looking
professional. Therefore, our main goal is to reach out to these young female golfers and
show them how easy it is to find these items in the various colors and sizes.
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III. RATIONAL AND FEASIBILITY
A. Trend
H&H Golf Clothing provides many outfits and styles of golf clothing for women
to mix and match. During the summer and spring, the most popular items for women to
wear on the golf course is skorts and shorts with a sleeveless collared shirt. During the
fall and winter months, women usually wear sweatpants, leggings with a skort and a
sleeved shirt with a pull over jacket to keep warm while on the course. No matter the
colors, the outfit shows the personality and style of the golfer.
B. Differentiation
Unlike retailers and sports stores, we will have a majority of all sizes and styles
of golf clothing for women to find easily while paying a reasonable amount of money.
H&H Golf Clothing will add any certain product to our store at any given time. If any
specific style, color, or size is not in the store, we can order from the manufacturer to the
shop from where the originally product came from.
C. Potential
Our business would also reach out to non-golfers in the community and in the
business. This allows customer loyalty based on a great shopping experience and
bringing repeat customers, as well as their families and friends. This increases earning
potential significantly with each new customer in our business. H&H Golf Clothing will
receive 50% markup from all outfits and clothes in the store. We would get our supplies
from manufacturers such as: Nike, Under Armour, Adidas, etc. Also, we would have an
official web site where our products would be displayed and buyers can order the product
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for shipping after confirming the order. Our company will promote and send discounts
through Facebook, Pinterest, and Youtube.
IV. CONCLUSION
As you can see, H&H Golf Clothing would provide many opportunities for
women to find what they need to wear out on the golf course. With the stores in the
community, it would be an advantage for these female golfers; Therefore, we ask you to
consider financing our company. If you will visualize the need for this company, you
will see that it is a great investment that will help female golfers find exactly what they
need to wear on the golf course. We appreciate your time and consideration for this
company.
RENT/OPERATING COSTS:1609 sq. foot strip mall locationFirst month’s rent $840Utilities security deposit $350TOTAL: $1,190
LOCATION IMPROVEMENT COSTSConstruction/customization $4,500Store fixtures $3,550Handyman/supplies $200TOTAL: $8,250
OPERATING EXPENSESHangers $1,500Liability Insurance $200 (quarterly)Accounting setup (QuickBooks online)
$40 (monthly)
Association fees and Directories $275Office/Cleaning supplies $150TOTAL: $2,165
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TECHNICAL NEEDS:Computer/Printer/Phones $1,000IT Consultant/tech support $800Telecom (Internet and Phone) $175Domain registration $30Google services $75POS (Point of Sale) Software $1,500TOTAL: $3,580
MARKETING/PUBLIC RELATIONSignage (interior and exterior) $4,550Trademark/logo design/registration $540Business cards/flyers/coupons $620Grand opening event/advertising $1,500TOTAL: $7,210
Inventory/Staffing CostsInventory $8,000 (monthly)Staffing $768 (quarterly)Total: $8,768
TOTAL AMOUNT REQUESTED: $31,163
Thank you again for your time and consideration.
BIBLIOGRAPHY
INTERNET SOURCES:
Personal Interview-Golfer-Cydney Murrell
http://www.lpga.com/golf-players/players.aspx
http://www.juniorgolfscoreboard.com/girls
http://www.pinterest.com/Trista Holder
http://www.dickssportinggoods.com
http://www.inc.com/articles/2001108/business-start-up-costs-retail-store.html
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