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Published byAleesha O’Brien’ Modified over 9 years ago
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HICKSON HANGER BUSINESS PLAN
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PROBLEM Have you ever noticed that you have tops, bras and countless other clothes that you never wear, just because you can’t find them? Sick of trying to find a matching bra for your dress or top?
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SOLUTION Mature Industries – Industries that are experiencing slow or no increase in demand. Opportunities: Process innovation and after-sale service innovation
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OPPORTUNITY AND TARGET MARKET
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THE DIFFERENCE THAN OTHER The value chain is the string of activities that moves a product from the raw material stage, through manufacturing and distribution, and ultimately to the end user Business model
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COMPETITION Major brand IKEA Green HangerEcoHangerImported Hanger Price Distribution Branding Unique Green awareness Strength Marketing Business Model
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MARKETING AND SALES
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MANAGEMENT TEAM
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FINANCIAL PROJECTION General Assumptions and financial indicator Projected Profit and Loss Projected Cash Flow Projected Balance Sheet Break Even Analysis
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General Assumptions and Financial Indicator The compound annual growth rate of the wardrobe market in the period 2011–16 is predicted to be 6.9% Start-up cost $8.30. Our source of funding will be 100% from six founders that is $12.00
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Projected Profit and Loss Monthly expenses are $2,303 Monthly sales reach 300 for the first year and increased 25% for the following year.
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Projected Cash Flow
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Projected Balance Sheet
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Break Even Analysis
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MILESTONES
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FINANCING
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SUMMARY
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