Rosemarie Gomes 11 th 17

1 Recyclets is a company that keeps up with the latest trends while thinking about the environment. Recyclets are bracelets that are made out of aluminum soda can tabs. I will satisfy the customer’s needs by making the eco-friendly bracelet fit, feel, and look the way my customer desires. This way they can look stylish and help the environment at the same time. Type of Business: Retail Legal Structure: Sole Proprietorship I have the ability to make all the final decisions without asking someone else in charge for their opinion

2 Opportunities - The trend of going green will not go away any time soon - Bracelets are a current trend - 3 out of every 10 people in the ages of do not separate their recyclables from the garbage - National recycling rate is only 30% Qualifications - I have been making/beading hand made jewelry since I was 9 - Craft Club freshmen year - Bilingual with English being my first language - Taking a Marketing / Entrepreneurship class

3 By Location -Hartford County By Population -Females in all ages & education doesn’t matter By Personality/Behavior -Women who recycle, are creative, fashionable, open to new ideas, and who like to wear bracelets By Income -Varies -pocket money/spending money

4 CompetitorPriceQuality Greatest Strength Greatest Weakness Repurposed For You $18.50GooddurableLimited variety of styles Dubz & Kittle$15.00ExcellentShips worldwide Lack of styles Handmade hemp by Kandy $5.00PoorPriceUnattractive Competitive Advantage Recyclets is inexpensive Recyclets have a variety of styles, colors, and charms and are made to fit your unique personality

5 Price: Lower than the competition Place: Hartford county Product: Eco-friendly, inexpensive, & stylish Promotion : Website, business cards, and word of mouth

6 PhaseMethodDescriptionCost Awareness Website Word of mouth business cards My website would be on webs.com Through family & friends 25 business cards / punch out cards $0.00 $0.50/ mo Purchase Punch out cards discounts The fifth Recyclets will be free 10% discount if they recommend $4.73 $.50 RetentionGreat customer service My product and great service will bring my customers back $0.00

Definition of One Unit One Bracelet Cost of Sales Per Unit Direct Labor (Labor Cost per Hour) Time (in hrs.) to make 1 unit Direct Labor Cost Per Unit $ minutes or.33 hours $ 2.72 Total Direct Labor Per Unit $ 2.72 Material DescriptionCost/Total QuantityCost Per Unit ($) Aluminum cans$0/5$0.00 Beads$2.80/ 30$1.62 Charms$1.50/10$0.15 Ribbon$1.79/ 9 ft$0.23 Jewelry Box$0.59/99$0.01 Total Material Cost Per Unit $ 2.01 Variable Costs Per Unit $ 0.00 Cost of Sales Per Unit$4.73 7

8 Definition of One Unit One Bracelet One Bracelet Selling Price per Unit $ Direct Labor Per Unit $ 2.72 Materials Per Unit $ 2.01 Total COGS Per Unit $4.73 Variable Costs Per Unit $ 0.00 Total Cost of Sales $4.73 Gross Profit Per Unit $5.27 $5.27

9 Business Schedule for a Typical Week Entrepreneurship28 hrs. School Hours45 hrs. Sleep56 hrs. Free-Time Hours39 hrs.

10 Type of Fixed CostMonthly Cost Entrepreneurial Stipend $30.00 Utilities (internet &phones) $2.75 Advertising ( Website & business cards) $ 5.99 Rent ( from home) $40.00 Depreciation (computer, equipment) $36.04 Total Monthly Fixed Costs$114.78

11 MonthUnits Sold January27 February70 March27 April27 May50 June70 July70 August26 September26 October70 November50 December50 Monthly Break- Even Units 22 Total = 563

12 Selling Price Per Unit $10.00 # of Units Sold 563 Total Sales $5, Total COGS $2, Other Variable Costs $0.00 Total Variable Costs $2, Gross Profit $ USAIIRD (Yearly) $1, Other Costs/Unforeseen $ Total Fixed Costs $1, Profit before Taxes $1, Less Estimated Taxes $ Net Profit $1,117.30

13 (ROS) 20% For every $1 dollar of sales, my business earned : $0.20 (ROI) 305% For every $1 dollar invested, my business earned : $3.05 Yearly Net Profit / Start-up Investment X100

14 Entrepreneurial hours needed for start-up Wage I pay myself Total start-up time investment 2 Hours$ 8.25$ ItemWhere I will buy this?Cost of Item Thin sewing needle Joanne’sAlready own Computer Best BuyAlready own Business cardswww.Vistaprmit.com 250 for $ 5.99 Scissors, flat nose pliers, & sandpaper Joanne’s Already own CASH RESERVE $ Estimated TOTAL START-UP INVESTMENT $366.83

Total: $ 15 SourceAmountDebtEquityGift Personal Savings $ For total start- up investment $366.83

16 Recyclets donates 5% of their annual net profits to the Susan G. Komen for The Cure. My customers will be aware of my donations through my business cards, website, and when my customers purchase a bracelet a note will come in the jewelry box which will have the logo of the Komen organization with an explanation.

17 Business - To hire at least one employee to help in the first year -To expand my eco friendly jewelry line to making not only bracelets but necklaces, anklets and earrings Educational - To graduate SMSA with high honors and receive a full scholarship to the university of my choice -To graduate from the university of my choice and get into Medical School

18 Thank You for your Consideration of Recyclets Please visit us at: