1 / 9

Headway UK Retail Workshop Way Ahead 2017

Discover the ins and outs of opening a charity shop - from costs to income projections, managing people and stock, to setting up the right location. Learn about the challenges, opportunities, and essential resources for success.

freddrake
Télécharger la présentation

Headway UK Retail Workshop Way Ahead 2017

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Headway UK Retail WorkshopWay Ahead 2017 What to expect if you want to open a charity shop. How to set up a shop, how much it will cost and what you can expect in income. How to get what you will need:- people, stock and procedures. Other opportunities to raise income from Retail Activities.

  2. Expectations • Challenging Retail environment • Hard work • You can make a loss as well as a profit • HW UK shop net profit range from £11k to £50k • Higher profits are from well established shops • We only do Retail, it has to be managed

  3. Choosing the Right Location • Footfall Counts 500 people per hour • Size 650-1000 sq ft • Access • Number of floors • Parking/transport facilities • High Street/Shopping Centre/Other • Banking facilities

  4. Costs Annual achievable sales 3.5 X Rent to realise a £10k Profit Rent £5k-£23K average £16K Set Up Costs £40-£45k Annual running costs £40-45K

  5. New Shop Set Up • Shop Fitters • Signage • Utilities • Rates Relief • Fixtures and Fittings • Recruitment • Stock Acquisition

  6. Day to Day Management • Stock Processing • Cash Handling • Policies and Procedures • Managing the Business • Managing the People

  7. General • Gift Aid • Charity Retail Association • New Goods • E Bay • Furniture • Electricals • Trading Company

  8. Way Ahead 2017 Any Questions

  9. Resources • www.charityretail.org.uk • www.knowhownonprofit.org • www.hmrc.gov.uk/charities • headofretail@headway.org.uk • retail.areamanager.north@headway.org.uk

More Related