Business Plan and Summary

Gladys Recinos Executive Summary

Business Description
A small store where customers can purchase educational school supplies, needle work and handcrafts material.

Kingdom Impact
Heart to show customers the light of Jesus by being kind and taking care of customer. Living up to the responsibility of doing good work. Sharing God’s love with everybody. Will make contributions to church with gifts from the business.

Investment Required
Q12,000 / $ 1500

Business Plan

Business Overview
Business Description
A small store where customers can purchase educational school supplies, needle work and handcrafts material. Company started a small way. Needs to obtain license. (Take one month)

Biography of Candidate
11 years a Christian. Lives with 64-year-old mother.
Takes care of 2 children Girl (11) and boy (9)
Worked 15 years for men’s clothing design factory making patterns
Abilities in men’s clothes design, making handcrafts,
Company Structure
Mother and Gladys to operate together
Mother will be an employee

Marketing
Industry and Market Overview
Need for high quality supply of educational school supplies, needle work and handcrafts material in her community. 60% of the people who live near her will purchase from her.

Products are
-Didactic (Educational) materials like: wool, glue, pencils, pens, crayons, and markers.
-Hand crafts. Sale of handcrafts and handcrafts and gifts.
-Also a Gift wrapping service ?

Customers
2,500 people live in the area
Men ,women and children will be customers. Cash only

Hours of business will be 9AM – 6 PM Closed Sunday

Competition
1 business sewing material
2 selling school supplies
None doing the same products all together in the same store.

Pricing and Distribution
Lower price strategy with excellent service.
Opportunity to purchase many different types of products in the same store. USF
This will save the client time.
Keep overhead low by selling out of the home.

Promotion
Posters and banner in the street
Word of mouth
Flyers Q250 for one color 1000 flyers.
Place on cars and in mailboxes
Church directory ad
Small group out reach at church

Financial
Startup Costs

1 Display Cabinet (Small items Sewing Mats) Q1200
2 Small Cabinets Q500
2 Shelves (School Supplies ) Q900
Permits Q170
Office Supplies :Invoices Q100
Total Q2600
Investment Required $1500 0r 12000 Q
   

Click here to download financial plan

Action Plan

Need to obtain:
Business License
Heath license
Government license
Tax registry
Invoices

 

 

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