Kabree Allen October, 1,2010 Made With Love 1. My business is here to help people show they care for others and to express there inter self. My business.

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Presentation transcript:

Kabree Allen October, 1,2010 Made With Love 1

My business is here to help people show they care for others and to express there inter self. My business is a business that will satisfy consumer needs for those who are willing to give the support that this business may need. The mission statement of Made With Love is to give you that filling that you are loved. Business Profile 2

Qualifications (Chapter 4) creative colorful made with you in mind 3

Legal Structure chapter 25  I will be the one and only owner/ employee. I receives all the profits from the business, but also suffers all losses and bear all the risk.  Sole proprietorship 4

Economics of One Unit chapter 9 Definition of One Unit Jewelry Selling Price per Unit$ 3.00 Direct Labor per Unit $.50 Materials per Unit $.75 Total COGS Per Unit$ 1.20 Other Variable Costs $.50 Total Variable Costs$ 1.70 Gross Profit Per Unit$1.30 5

Cost of Materials/Direct Labor Chapter 2 Definition of One Unit: Direct labor (wage per hour) Time (in hours) to make one unit Direct labor cost per unit $ hours $2.00 TOTAL$ 2.00 Material DescriptionCost /QuantityCost per Unit ($) beads 20 lb4.00 string20 lb5.50 handcreats20 lb3.50 TOTAL$ TOTAL MATERIALS/DIRECT LABOR $

Competition Chapter 8 Competitive Advantage Chapter 8 handmade full of color CompetitorPriceQuality Compared to my business Helen$2.50 goodAbout the same Claire’s$4.00 goodA little better ices $6.00 greatBetter 7

Consumer & Market Analysis chapter 18 Consumer Analysis: Market Segment: Target Customer: Young people who crave to express there inter beauty Market Analysis: Location: School Population: 100 Income: $35.00 Behavior: Well handled 8

Marketing Mix & Plan chapter 10 & 18 Price: 3.00 Place: school Product: Jewelry Promotion: Cards, Flyers, Treats MethodDescriptionTarget Consumer ( age, gender, location) Cost Pass out cards With my name, and business profile 13, girls, school1.50 flyersPicture of me and items 14, girl, school1.50 treatsFull of sugarAll ages, all gender, school

Philanthropy Plan chapter 10 I believe that everyone have a stylish side and it dying to let it show. I will share my stylish tips that I have learn over the years with people who has the passion of my unique. 10

Average Monthly Fixed Costs chapter 9 Type of Fixed CostMonthly Cost Entrepreneurial Stipend [hours x (minimum wage + $1] $ Advertising example: utilities, salaries, advertising, etc $$5.50 [enter fixed cost]$ $ $ TOTAL Fixed Costs$ 11

Monthly Sales Projections Chapter 13 MonthUnits Sold January13 February17 March15 April15 May15 June July August September October November December Total = (Double click on chart to add information) 12

Projected Yearly Income Statement chapter Selling Price Per Unit$ (A) # of Units Sold (B) Total Sales (A*B) $ (C) Less Variable Costs Total COGS (COGS per unit * B) $ (D) Other Variable Costs (Other variable costs per unit * B $ (E) Total Variable Costs (D+E) $ (F) Gross Profit (C-F) $ (G) Less Fixed Costs USAIIRD (Yearly) $ Other Costs/Unforeseen$ Total Fixed Costs$ (H) Profit before Taxes (G-H) $ (I) Less Estimated (I *.25) $ (J) Net Profit (I-J) $

Start-up Investment chapter 14 Entrepreneurial hours needed for start-up (A) Wage I pay myself (B) Total start-up time investment (A*B) $$ ItemWhere I will buy this?Cost of Item $ $ $ $ CASH RESERVE covering 3 months of fixed costs $ Estimated TOTAL START-UP INVESTMENT $ 14

Financing Strategy for Total Start-up Investment chapter 14 SourceAmount Personal Savings [ How will you save?] $ Relatives/Friends$ Investor [Who is it?] $ Grant [From Whom?] $ Total: $ 15

Return On Investment Chapter 14 Return on Investment (ROI) chapter 3 Yearly Net Profit ÷ Start-up Investment X 100 % For every $1 dollar invested, my business earned : $ 16

Return On Sales chapter 14 Return on Sales (ROS) Yearly Net Profit ÷ Total Sales X 100 % For every $1 dollar of sales, my business earned : $ (Double click on chart to add information) 17

Financial Ratio Analysis chapter 14 Monthly Break-Even Units chapter 20 Monthly Fixed Costs/Gross Profit Per Unit Start Up Investment Doubling Years for my start-up investment to double in value (Start-up Investment ÷ Net Profit) X 2 18

Business & Educational Goals  Business - [enter short term goal] - [enter long term goal] Educational - [enter short term goal] - [enter long term goal] 19

Time Management Plan Business schedule for a typical week  Entrepreneurship Hours: [enter hours]  School Hours: [enter hours]  Work Hours: [enter hours]  Free-Time Hours: [enter hours] 20

I believe that everyone have a stylish side and it dying to let it show. Thank you for your consideration of [Enter company name] 21