Melissa Kristine
Sparkle and Shine all the time
Business Plan:
I am opening a jewelry and accessories boutique. It is a very upscale boutique with one-of-kind hand crafted pieces of jewelry. I will need full- time employees with a degree in some sort of fashion. The starting pay will be $10.50 an hour. Every 6 months there will be a definite raise and every year benefits will be provided.
Hook:
In my store customers will receive a personal shopper which has a degree in fashion. All of the items in my store are unique and hand made therefore they will never see anyone else with their same piece. Customers can even design their own desired piece.The best part of my business is that customers will recieve star treatment for a reasonable price!
Advertising Plan:
I will have ads in the newspaper, on the radio, and in fashion magazines. I will also have a billboard ad. I will also attend rodeos and
Financial Plan:
Startup Cost:$27,461.42
Monthly Business Expenses:
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Cost of Premises: Rent or Mortgage
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$7,617.60
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Utilities:
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Electric :$182.16
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Gas:$27.60
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Water:$44.16
Phone :$100.00
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Internet :$100.00
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$453.92
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Employee Cost:
Number of Employees: 3
Monthly Hours Worked :204 hours
Hourly Salary : $10.50
Finally, add another 40% for employee expenses
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$2570.40
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Marketing Cost:
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Newspaper :$100
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Website: $50
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Billboard :$500
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$650.00
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Monthly Expenses:
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$11,291.92
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Monthly Sales Grouped by Category
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Necklaces : 250 x $45.00
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$11,250
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Jewelry Sets : 25 x $75.00
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$1,875
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Purses :45x $ $40.00
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$1,800
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belts and shoes : 35 x $35.00
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$1,225
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Monthly Sales:
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$16,150
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Monthly Profit or Loss
The items you sell are not free. You must deduct the cost of buying them from the manufacturer. Or if you make the items you are selling you must deduct the cost of the raw materials. If you are reselling items, subtract 60% from your monthly sales to determine your profit. If you make the items you sell, subtract 30% from your monthly sales to find your monthly profit. 11,305 .
Now subtract your Monthly Expenses $4845. This is your total monthly profit (or loss).
Your partners share: How much of this are you planning on sharing with your partner? $1500 per month
How much will your partner need to invest in startup costs? $15,000.
Comments (7)
Anonymous said
at 10:45 am on May 6, 2008
Hey girl heyyyy!!! logo for you- You will be lassoed with my set of strings!
Anonymous said
at 9:56 am on May 7, 2008
hey melissa!!! whats your business?
Anonymous said
at 9:59 am on May 7, 2008
hello!!!
Anonymous said
at 11:01 am on May 7, 2008
MEOW!!!!!!!!!!!!!!!!!!!!!!!!!
will you be offering special beads?
Anonymous said
at 9:14 am on May 8, 2008
we have the same middle name!
Anonymous said
at 10:34 am on May 8, 2008
why do you hate this school?
Anonymous said
at 11:35 am on May 8, 2008
i hope your store doesn't get robbed by the mexican running around my house.... what a way to start my morning... icing on the cake!
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