Business Relocation

Relocating a Retailing

Business Factors:
1. Location/place: near the highway intersection, target market
2. Commercial lot, purchasing an empty lot/foreclosed properties
3. Working on a building/floor design
4. Parking space design
5. Safety/security features

Mission Objective: To own a commercial lot to be independent, to reduce the long term expenses on Rent Space, Lease fee, and other associated expenses also to turn it to profitable venue. To create a passive income flow by placing kiosk or mini-stores inside the building such as fast-food chains, restaurant and other enterprises that affiliated to the Meat Shop. In which the space renters become B2B customers and their customers can be part of our B2C customers.

Stage 1 
1. Selecting/Purchase a commercial empty lot or renovate an old one
2. Involve a realtor, lawyer and accountant if necessary
3. Hire an Architect to work on building internal and external blueprint
4. Sign a commercial contractor to build/renovate the design layouts

Stage 2
1. Alert suppliers, customers and staff about upcoming move
2. Purchase new/additional equipment
3. Screening/Hiring new employees

Stage 3 
1. Contact internet/phone service about the move
2. Arrange for all company’s utilities, water, electric, disposal service, fire safety, mailing address
3. Update all company’s accounts, banks, documents, business cards

Stage 4
1. Create a new employee policy being involve in the company shares
2. Set a promotion campaign traditional and contemporary strategy

Stage 5 
1. Grand opening event
2. Form a Non-profit organization via crowd-sourcing
3. Scheduling activities/event
4. Apply for Federal, State, Local Grants Approximately 139,000 Filipinos that resides in State of Illinois, making it the 3rd largest Filipino populated state after California and Hawaii in the USA.

Demographics Major Target Segment: Asian population / percentage

1. Population in 60188 (Carol Stream): 43,730 x 10.9% = 4766
2. Population in 60187 (Wheaton): 61,481 x 4.6% = 2828
3. Population in 60187 (Bensenville): 22,404 x 5.9% = 1321
4. Population in 60126 (Elmhurst): 45,355 x 3.8% = 1723
5. Population in 60101 (Addison) 38,141 x 7.7% = 2936

2010 Census Data Mapper Asian Population Percentage by County
1. Dupage – 10.1%
2. Lake – 6.3%
3. Cook – 6.2%
4. Will – 4.6%
5. Kane – 3.5%
6. McHenry – 2.5%
7. DeKalb – 2.3%


There are 3 type of Income

1. Earned Income – Wages, salaries, contracts, received through personal effort, time consuming and have larger tax. Any activity that pays based on time and effort spent.
2. Portfolio Income – Trading (buy/sell) real estate, cars, and paper assets such as bonds, mutual funds, dividends, CDs and stock market investing is the most common generator of portfolio.
3. Passive Income – Investments that generates income and received on regular basis month-after-month, year-after-year, with little effort required to maintain. An asset that you have purchased or created. Including, rental income, business income, selling intellectual properties such as books, patents, internet content.

Rough Financial Budget
1. up to $60k – purchasing an empty lot
2. up to $25k – or renovate an old foreclosed property
3. up to $35k – building from ground up
4. up to $15k – zoning, building permit, admin fee, county fee
5. up to $25k – miscellaneous
            $160k - total 4 Ps of Marketing Mix Product, Price, Promotion

Place – Distribution channel. Providing the product at a place which is convenient for customers to access. Flow of goods to B2B and B2C.