
The Sherman County Development Committee is searching for someone that has retail and/or management experience; someone that has the drive to manage and eventually own a business; someone that if given the chance - will take the business and work hard to make it grow.
The SCDC's Retail Committee is putting together a Retail Business Incubator Program. Nearly all incubators in the Panhandle area are industry-based but Stratford needs a retail store so we are devising our own plan for a Ben Franklin store. For those of you that don't remember, Ben Franklin is about the same as a Duckwalls or Alco, with maybe a few higher-tag items. Many of you may think they sell only arts & crafts but we will open a Ben Franklin Hybrid Store . This type of store carries clothes, cards, school supplies, sewing notions, laundry detergent, and many more items, too numerous to list.
A business incubator gives a person the ability to own his or her own business, with help and guidance along the way from the Director (Retail Committee). The SCDC owns the property and the fixtures and rental leases would be signed by both parties. The Retail Committee will assist with business tasks like bookkeeping, ordering through vendors, floor plans, tax returns, etc.
Like the Director/Retail Committee, the Manager will have duties and criteria also. A packet will be available on March 15 th at the SCDC Office for all serious applicants but a few of the requirements are listed below:
Budget
Retail and/or Management Experience
Equity
Business goals and sales quotas will be an important part of the program. The prospective owner will be able to own a percentage of the business through an incentive plan based on meeting these goals.
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