1. Buckle up and Charge up!
Christopher Smith, Joseph, Daniel, Christopher Rubido, Jordan

2. Situation
You are in school and your electronic device is running low on battery. And you forgot your charger at home. What do you do?
Fear not, with the help of some scientists we have created the SPARKBELT!

3. The SparkBelt
Everyone wears a belt, how often do you run out of charge
Our product is a belt that contains a built-in charger
It requires no additional gadget to carry with you
The buckle is the charger
Lightweight and durable
Fair market price, making it accessible to our target market
Case 144 ($2.59 per piece)$ Charger
Charger for

4. Products- Price points
Classic Leather- Sparkbelt
Sparkbelt Sport
Classic leather available in brown or black, and in different sizes metal buckle with a maH chargers allowing you eight (8) full charge for any one device. $40.00
Classic leather available in brown or black, and in different sizes metal buckle with a maH charger allowing you twelve (12) full charges for any device $ 50.00
Sporty Nylon available in a variety of nylon colors. Metal buckle with a maH charger allowing of eight (8) full charges for any one device. $40.00
Sporty Nylon Available in a variety of nylon colors. Metal buckle with a maH charger allowing you twelve (12) full charges for any one device. $50.00
2.59

5. Business Philosophy Mission Statement-
“ To provide an effective affordable and convenient wearable accessory that charges mobile devices to empower today's generation to stay connected and plugged in world-wide.”
Customers should see us as an industry leader and solution provider. Placing innovative technology in the hand of the middle class consumer.
Our Company provides an affordable product, that will place this technology in the hand of everyone
Our Competitive advantage is our price point, we are able to provide this price point due to our creation of our new low cost charger that is part of our belt
We know our business concept will work based on initial response and increase in sales.

6. Target Market
Our company is accessible through the internet, therefore we have a worldwide presence.
Our Target audience is the domestic highschool market, who needs to stay connected all day long while in school and both domestic and International business people who travel and need to stay connected for business purposes.
Age group:
Gender: Male and Female
Income: Middle class
Our price point and ease of accessibility makes our product attractive to our target audience.

7. Competition XOO Belt - A phone charging belt Greatest Strengths:
1st to market
Name/ brand recognition
Greatest Weakness
Price point is too high
to 199
Company does not do national advertising- they are on the Web based with small scale sales
Customers will come to us because we offer a more affordable quality product.

8. Current Status of our Business
Started production 9 months ago, each of us invested 50,000 ( 250,000 investment)
Produced 10,000 units
Cost per Unit
Classic Leather materials Labor manufactured
Classic Leather material 5.00 Labor manufactured
Sport Edition same as Classic leather manufactured
Sport Edition same as Classic leather manufactured
Total production cost 153,300
Marketing costs
Website
Google hits- showing up in 1st spot on search 10,000
Total Marketing cost 12,500.00
Completely sold out of 9,842 units - ( average monthly sales 1000 units a month)
Current inventory-
60 Classic sold 2,440 for a profit of $
42 Classic sold 2458 for a profit of $82,171.00
26 Sporty sold 2474 for a profit of 64,101.34
30 Sporty sold 2470 for a profit $82,521.0
Total Profit 289,573.34
26.00 dollars profit for the 20000
33.00 dollars profit for the 30000

9. What we are asking for: Estimated company value:
3, ( 3 million)
300,000 for 10% Share of company
Money use to expand production
Moving into a larger facility
Increasing labor force
Better Advertising

10. Warehouse- lease

11. Fixed and variable costs- based on expansion - Plans for the future
Monthly Office Business space cost
2,500/ per month- 107 Fex Avenue- Portland,TN 37148
Utilities- Electric and water
based on current commercial market analysis in TN
Labor Cost
301, workers at minimum wage
Material cost
Average $10.08 pe unit 30% reduction
Cost of Advertisement
50,000
7.25 hour for a total of 2080 hours a year

12. Any Investors?