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Young European Entrepreneurs of the Future 8-11 April 2014 Stockholm
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QuRe Our company’s goal is to combine nowadays’ fashion with common technology.
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We encourage individualism Our aim is to give people opportunities to be able to express and share their ideas, feelings through their clothes, accessories. Personal or public messages can be sent by nowadays' widespread technique of QR codes while wearing these items.
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Market Analysis In most cases QR wares are only part of the products of companies while our aim is to build our business only on these items. Competitors mostly don't deal with the quality, their purpose is just to create "jesting stuff". Their range of QR products related to fashion is much narrower than ours.
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In what we are the one Our company Built up by young, enthusiastic entrepreneurs Zealous attitude to perfection Deals with QR stuff at full pelt Our goals are to satisfy our customers' needs to reach and keep high quality products to spread our products as parts of fashion to a wide range of customers
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Business profile Target customers From childhood to elders People who care about the quality and the design Customers who seek uniqueness Legal form Limited partnership (LP) At least 2 people are required ->united to conduct business There is no minimally prescribed core capital Members decide whether they want shares or not
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Results of the Questionners Are you interested in clothes, accessories with QR codes? What items of clothing, accessories you might be interested in? Money for a T-shirt: 3000-4000 HUF (10-13 euros ) Money for earrings: 2000-3000 HUF ( 7-10 euros)
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Finance Plan Fixed costs Designer: 165 euros Bicycle: 330 euros Establishment cost: 185 euros Variable costs Webshop: 6 euros Depot: 33 euros Prime cost of earrings (etchwork): 260 euros Prime cost of T-shirts: 425 euros Accountant: 20 euros Transportation costs: 78 euros Marketing expenditures: 17 euros Wages: 183 euros Loan repayment: 26 euros Tax: 494 euros
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Finance Plan Additional information number of workhours needed/month: 54 estimated number of earrings sold/month: 80 estimated number of T- shirts sold/month: 120 Income Earrings: 653 euros ( 8,13 euros/ each pair) T-shirts: 1176 euros ( 9,76 euros/ each)
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Present and future Summary Total fixed costs: 676 euros Total variable costs: 1628 euros Total income: 1830 euros Total monthly profit: 203 euros Breakeven point: in the 12th month Future expenditures Better webshop: 325 euros+ 17 euros/month New products: 65 euros/ product +turning out cost Better capital: 165 euros
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Team and team roles The Researcher Market researcher and analyst His aim is to get knowledge about the newest innovations, developments and to overtake them The organizer Coordination of products, clients and market Staying in contact with the customers Control of the company's operational processes The Creative Her work is to put the ideas and needs into reality in a unique way Building from the orders she seeks to satisfy clients' claim She takes an active part in giving advice for the advertisements
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Team and team roles The Money Maker Maintenance of the company's economic situation such as billing, salaries and paying for the lease of the office He builds relations, acquires business partners and also creates an expected finance plan The Marketer Spread the idea and the products widely on the web-shop, on posters etc. Organization of customer meetings In a situation of company expansion dealing with the interviews
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QReativity is the QuRe!
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