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Stephanie S

Page history last edited by PBworks 4 years ago

ArtCraft

Stephanie Spurlock

 

 

 

 

 

 

 

 

Business Plan:

I want to create an artistic store where artists of all sorts can come and buy supplies, try out new techniques/machines, and learn to become better artists. My partner will be in charge of investing money and hiring for the company while I am in charge of advertising. We will have a 50/50 split of profits.

 

 

 

Hook: 

Unlike Hobby Lobby that sales all kinds of crafts, Art Craft will only sell for the painter and sculptor. This way all of our employees will be able to help a customer with their specific  problems, needs, and abilities. When you walk into Hobby Lobby, most people there don't really know what supplies do what and can't really help you with your needs. All of our employees will know what each color looks like and how it reacts on certain things.

 

Advertising Plan:

Your info here AND your advertisement example.

 

 

Financial Plan:

 

 

Startup Cost:

We will need

 

Monthly Business Expenses:

Cost of Premises: $ 7617.60 a year at River Oaks Shopping Center

 

 

 

 

Utilities:

  • Electric  ________

  • Gas ________

  • Water ________

  • Phone ________

  • Internet ________

 

 

 

 

Employee Cost:

Number of Employees    10    x

Monthly Hours Worked 160  x

Hourly Salary $6.85 x

Finally, add another 40% for employee expenses

 

 

 

 

Marketing Cost:

  • Television ________

  • Radio ________

  • Newspaper ________

  • Email ________

  • Website ________

  • Online Advertising ________

  • Postage ________

  • Billboard ________

 

 

 

 

Equipment and Service Rental

 

    1.  ________________________________     ________

    2.  ________________________________     ________

    3.  ________________________________     ________

    4. ________________________________     ________

    5. ________________________________     ________

 

 

 

 

 

 

Monthly Expenses:

 

 

 

 

 

 

Monthly Sales Grouped by Category

Paintbrush (Multipack of 6)        Number Sold   50    x Price $ 7.50

 

$ 375

 

 

Easel Stand w/ 2 Large Canvas  Number Sold   15   x Price $ 175.00

 

 $2625

 

 

Watercolors (12 pack)   Number Sold  22  x Price $2.50

 

$55 

 

 

Painting Lessons   Number Sold   25  x Price $20.00

 

 $500

 

 

Monthly Sales:

 

 $3555

 

 

 

 

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. $2488.50 .

 

 

 

Now subtract your Monthly Expenses ______________. This is your total monthly profit (or loss).

 

 

 

Your partners share: How much of this are you planning on sharing with your partner? ____________ .

How much will your partner need to invest in startup costs? ____________ .

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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