By: Adam Locascio, Brandon Niedziela

 Adam Locascio  Brandon Niedziela Partnership  Chose Bank loan to get us operating  Location: Main Street

 "We are dedicated to being loyal and dependant, while making top of the line affordable Suits for today’s generation."

 Specialty Clothing store  Main focus was design affordable Suits  Make smart management decisions  Make profitable sales  Encourage employee and customer satisfaction  Obviously don’t suck

Operating/Pricing  Bought 200 pants 400 tops  Pants sold at $29 Tops sold at $30 Marketing/Staff  Promoted through radio Afternoon TV (2x a day) Campus Newspaper  Promotion budget $10,000  3 part-time employees $14.00 per hour  No extra Loan payment Results Stock price was at $1.00 Profit including dividends was -$16,993

Operating/Pricing  Purchased 6,500 pants and tops  Pants: $20 Tops:$12 Marketing/Staff  Neighborhood Ad Paper  Dropped promotion budget $4,000  Have 4 employees Wage at $9.25  Paid $1 dividend Results Stock price $11.01 Made $8,039 profit for quarter

Operating/Pricing  Purchased 2,000 pants 2,500 tops  Pants: $28 Tops: $14 Marketing/Staff  Radio/ TV  4 employees $9.75 Results Stock price $21.73 $12,248 profit that quarter

 Quarter 1 Total Gross Margin: $32,386 Total Expense: $49,456  Quarter 4 Total Gross Margin: $58,275 Total Expense: $46,792  Quarter 8 Total Gross Margin: $69,337 Total Expense: $52,268

 Ethical Dilemma Official arranged clubs to buy from us ○ Gave him $400 in store credit  Problem Employee Dishonest employee, lay employee off if admitted  Purchasing Policies Large Manufacturer asked for name recognition Order 30% of purchases

 Income Statement was useful source  Included sales/expenses Decision for next quarter  Inventory analysis great for inventory decisions  Balance sheet Tells business owner if everything is balanced

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