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Jenny Noora Anniina Riina. Main idea: Our firm sells environment friendly clothes for babies and children aged 0-4. Its important to us that our clothes.

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Presentation on theme: "Jenny Noora Anniina Riina. Main idea: Our firm sells environment friendly clothes for babies and children aged 0-4. Its important to us that our clothes."— Presentation transcript:

1 Jenny Noora Anniina Riina

2

3 Main idea: Our firm sells environment friendly clothes for babies and children aged 0-4. Its important to us that our clothes are produced without any child labour force. All our clothes are asthma and allergic friendly. We have clothes for premature babies too. All clothes are high quality and they can stand usage. We sell also children equipments, which are safe and asthma and allergic friendly. We are co-operating with allergy and asthma association, so we get much good image. Allergy and asthma association also gives us funding. Sub ideas: Product presentations in baby showers. Custom made clothes. BUSINESS IDEA

4 Münster Nordrhein-Westfalen Population: 272 000 inhabitants Language: german, some people speak english Rent: 1500 € per month (87m² in the centrum) Infrastructure: public transport is very good and many german has bus cards. Its also easy to move by feet and by bike. Next big citys: Köln (c. 150 km and c. 1 million inhabitants) Düsseldorf (c. 130 km c. 580 000 inhabitants) Target group: wealthy parents and grandparents of 0-4 years old children and also tourists. Competition: children equipments are sold by 4 shops in Münster and baby clothes are sold by 16 shops. In some of the clothes shop they also sell children equipments. Near our shop (1km) are located 3 clothes shops and 1 shop for equipments. LOCATION ASPECT

5 Our firm is located in Windthorststraße, 48143 Münster

6 We are three students of business and administration and one student of construction building. Every employer can speak good english and we all are learning german. Then we can advise our customers better. Two of us has experience of working in a clothes shop Business and administration students know how to start firm and know about entrepreneurship. We also know much about marketing, customer service and financial. All of us are very social and we can deal with all sorts of people. We know each other well and thats why our working is fluent. PERSONAL ASPECT

7 In our firm Anniina takes care of accounting and billing Riina takes care of decoration and furniture Noora takes care of marketing and customer service Jenny takes care of marketing and customer service PERSONAL ASPECT

8 We have chosen our firm to be GmbH, because we have four owners. Also if the firm goes down we are not responsible with our own money. Because we choose GmbH we need 25 000 € to start up the firm We need to do contract, where you can find who is responsible of what. Contracts parties are established company and owners. We need to register to Handelsregister and Chamber of industrial. Firm needs to register to tax office. LAW ASPECT

9 START UP MONEY Start up money (GmbH)25 000 € Clothes and equipments11 400 € Furniture and decoration2 000 € Cash register600 € Marketing1 000 € Total40 000 € FOR START WE HAVE.. Loan ( ERP-Kapital für Gründung )15 000€ Funding(Asthma and allergic association) 5 000€ Own savings20 000€ = 40 000 € FINANCIAL ASPECT

10 INCOME/month SALES - Clothes and children equipments12 690 € - Custom made clothes5 000 € - Presentations at baby showers525 € TOTAL18 215 € FINANCIAL ASPECT

11 COSTS / MONTH Insurances170 € (2040€ / year) Rent1 500 € Waterinc. In the rent Electricinc. In the rent Wages9 000 € Marketing1 000 € Clothes and equipments4 000 € TOTAL15 670 € FINANCIAL ASPECT

12 Profit / month Income18 215 € Costs15 670 € Profit2 545 € FINANCIAL ASPECT

13 SWOT ANALYSIS Strenghts Education Know how Quality Ecologic products Location Weaknesses No masters degree Inexperience Language We dont know the environment Opportunities Expanding Co-operation Spezializing Education Online shop Learning german Threats Bankrupt Natural disasters (fire, water) Competitors (H&M) Thieves

14 We have stylish store windows which tempt customers to come our shop. We also have signs, which lead to our shop. Marketing in local newspapers and baby magazines Taking part on children exhibitions Self marketing Social media (Facebook) Co-operation with Allergy and asthma association, commercial in television MARKETING

15 Danke schön


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