Our success is a reflection of your success as a store owner. We have developed tools and procedures designed to continuously improve store performance. We will train and support you in the following areas:
Business Planning
- Development of a comprehensive, 3-year financial business plan with monthly data
- Pro-forma scenario-based planning
- Financing options, preparing for loan applications
Site Selection
- Site evaluation, market analysis, demographic review
- Negotiation and “offer to lease” assistance
Store Set-up and Opening
- Store design, floor-planning and merchandising strategies
- In-store set-up
- Back-office set-up assistance, including consignment and point of sale computer system, guidance on banking procedures and supplier management
- Initial inventory selection
- Grand Opening assistance
- On-site store opening assistance
Training
- Comprehensive training program using lecture-style and in-store training, including manuals for tagging and processing clothes, the computer systems, and store operations and customer service
- Instruction includes how to buy, consign, process and tag consignment items, sell, service, market, advertise, hire staff, buy, control and turn inventory, manage cash flow and more
Merchandising and Marketing Support
- Assistance with opening inventory and supplemental inventory thereafter
- Preferred vendor management and guidance on new product sourcing
- Guidance on product valuations and market conditions
- Marketing and advertising resources
- Updates to our website - www.boomerangkids.ca - with selected content tailored to your store location
Inventory Management and Control
- Inventory control system that tracks transactions, consignors, customers and inventory
- Useful management reports for decision-making
- Computer software help-desk that provides technical support 7 days a week
Bookkeeping
- A simple computerized bookkeeping systems is used to track and control your income, expenses and profits