Stylish Interiors

Kyra Silvanose
Partnership for a Service Related Business
• This would be a partnership because it consists of two owners who are equally responsible for the business. This means that
the partners have to work together to guide the business and that the profit after expenses will be split up 50/50. In addition,
this partnership will share the risk between two entrepreneurs.
• I chose a partnership type of business because an interior design business has lots of work that can be divided between the
two partners and the risk is significantly less than if the business had a sole owner. This business needs creative minds to work
together, and thus a partnership is an ideal business type to have in this situation.
• I chose this type of business because I have a hobby/ interest in design and I like to put things together with my imagination
and creativity.
• There is a total of two partners. My partner, Alice, brings a degree in interior design, creativity, and experience in the business
field (by managing a retail store) into this business. Her imaginative, hardworking, and intelligent character will be very
beneficial in an interior design business. She is also really good at color matching, coming up with ideas, and communication.
• The advantages of a partnership include the collaboration of two minds and teamwork, as well as lesser risk on each owner.
• However, there are also disadvantages, which include less income for each owner, and compromises when it comes to decision
making.
• Forms Needed:
• http://www.dallascounty.org/department/countyclerk/documents/DC_AssumednameFinalINC3_002.pdf (Assumed Name
Certificate)
• https://texas.gov/ (Obtain a License)
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• https://sa.www4.irs.gov/modiein/individual/index.jsp (Obtain Employer Identification Number)
Location of Stylish Interiors Intersection between Sam
(Map) Rayburn Tollway and N
Watters Road
• The location of this business would be next to North
Watters Road near Life Time Fitness and Sam Rayburn Stylish Interiors
Tollway in Allen, Texas.
Retail
• The address is 975 TX-121, Allen, TX 75013. Stores
• This is a good place for an interior design company
because it is near many housing developments, which is
where the audience being targeted would be.
• Since it is near residential living, people will come to our
store, that is close by, to help design their houses.
• The location is also near the freeway, with easy access,
so people from other areas can come to our store.

Intersection between N Watters

Road and Ridgeview Dr.

Housing
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Service Description
(Service = Interior Designing)

• This is a business that will provide interior designing for

all people who want to decorate their house.
• The service is designing rooms in houses, by matching
colors, choosing furniture, tiles, etc. Days and
• This will allow each person to get ideas, advice, on how Times Open:
to best decorate a space to their liking, and help with Mon-Fri: 9-7
actually doing it. Sat-Sun: 10-8
• The store will be open 7 days a week from 9 am – 7 pm
Cost: $300 for
on the weekdays and 10 am – 8 pm on the weekends,
allowing the customers to plan appointments on most 1st room &
days and times in order to adjust with their schedules. $200 after
• The employees that work here will provide good décor
ideas, as well as find reasonably priced furniture and
other items.
• The customer will be charged by room. The first room
will cost $300. And each additional room will cost $200.

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Items Needed to Run the Business
Selling Needs (Advertising)
• Social Media (showing previous
design projects)
• Twitter
• Instagram
• Facebook
• Advertisement in community
newspaper, along with
coupons/discounts
• Advertisement on local news station
Building Needs (Capital/Physical Assets-
Equipment)
• Money to begin partnership
• Inventory (color swatches, cloths,
tiles, and furniture samples)
• Building with front desk and offices
• Example designed showroom
• Employees
• Computers/drawing boards for
employees to design
Office desks for
employees
Showroom
Miscellaneous Needs
• Design Pamphlets
• Bathrooms/other utilities
• Papers to provide customers with
information about good furniture
and décor stores
Advertisers Reliant Business
This business relies on advertisers
because that is how word of our services
spread to different people. The
customers we work with will talk about
their experience and opinions about the 5
business, letting other now who we are.
Address: 975 TX-121, Allen, TX 75013
Hours: Mon-Fri: 9-7 & Sat-Sun: 10-8

Stylish Interiors
Come to our interior design office in
Allen to get help decorating your
house the way you want! Go to our
website to get your first room with us
for free!
972 987 6554
stylish.interiors@gmail.com
www.sihomedesign.com
 Showroom

Storage

Parking
Desks for Each
Interior Design
Employee
(where customers meet
with their designer)

Front Desk

Floor Plan

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Entrance
Employees
• This business will need 5 – 8 employees.
• About 5 or 6 employees need to be trained interior
designers, that have experience and good people skills.
We are Hiring!
The interior designers will work with our customers to
design desired spaces to their liking.
• The other 1 or 2 employee(s) need to be 18 years or
older with good communication and practice with
technology to be the receptionist. The receptionist will
take phone calls, make appointments, etc.
• Both jobs need employees who are kind, efficient, and
good with others.
Interior Designers wanted for Stylish Interiors
We are looking for experienced employees with the following
requirements:
 A degree in design
 People skills
 Creative ideas
 Skilled in color matching, organizing furniture in rooms,
and creating beautiful spaces for different themes

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Social Responsibility

• Our business’s social responsibility is to give homeowners the chance to live in a special and beautiful place that they
love. We want to allow all of our customers to have their own unique touch to the decorations in their house, while still
being beautiful.
• Our goal is to provide designing services that can accommodate anyone’s style so their living area is appealing and
something they can be proud of.
• We want to help the community by participating in Habitat for Humanity, a program that gives everyone a place to live
• We will support this project by donating furniture and other items for a home, in order to help those less fortunate in
our community. We will also encourage our employees to come together on certain days to help build and put together
homes for other people.
• Our business would also like to be flexible with costs and provide our services for people who cannot afford them.
• Additionally, we would like to be adjustable with meeting times to work with our customers’ busy schedules.

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Projected Start Up Cost Budget
• Building cost- $2,400,000
• Land cost- $400,000
• Equipment/supplies cost- $10,000
• Furniture for showroom cost- $90,000
• Staff cost- $330,000
• Website cost- $250
• Business cards cost- $100
Total Start Up Cost- $3,230,350

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Targeted Audience
• Our targeted audience are homeowners that are looking
for help with designing their house.
• Of course, the age group will be 20 years and older as
that is the age when people usually start buying their
own places to live.
• By creating different styles for each age group, we can
be successful in selling our services to particular
customers. For example, we can showcase our more
trendy designing ideas for younger homeowners and
our classic designing ideas for our older customers.
• Our advertisements and decors would be mature and
well made to attract customers.
• Once again, the type of customers that will use our
services are those who are buying or redecorating
houses.
• The image we want to convey is modern yet classic
styles that will attract all types of homeowners. We can
do this by offering high-end yet affordable furniture
options, colors that complement one another, and
designs that are cozy, warm, and homely, as well as 11
beautiful and long-lasting.
Advertising Plan and Slogan
• We are going to advertise this business through social
media, community newspaper/magazine
advertisements, and flyers. Eventually, when more
money is made, we would also like to advertise on a
local television station.
• The advertising will be done in places near the city of
Allen to attract the homeowners that live close by.
• Our goal with advertising is to get publicity and let
others know about our services to attract customers and
profit.
• Our slogan will be “stylishly decorate the way you want.”
• We would like to use this slogan because it is catchy and
it goes with our business theme. Stylishly decorate the way you want

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