1. Nora Cortes Thelma Bean Zola Waddoups A. Marie Leatham

2. Mission Statement  Definitely Needlepoint provides friendly and intimate setting in which to stitch. Our customers are not just customers, but friends who participate in a variety of social and education activities that encourage and develop the art of needlepoint.

3. A Natural Franchise  The art of needlepoint has never been more popular than it is today  Many of clients are interested in their own store, but do not know where to begin  All franchises would be individually owned and operated

4. Year-to-Year Comparison Our first year was profitable Our second year was significantly better CategoryLast YearThis YearIncrease Canvases$75,915$115,856$39,941 Fibers$47,404$77,038$29,634 Accessories$31,590$38,540$6,950 Classes$19,200$28,200$9,000 Finishing$25,755$45,065$20,310 Totals$199,864$305,699$105,835

5. Sales Increase by Category YearCanvasesFibersAccessoriesClassesFinishing Last Year$75,915$47,404$31,590$19,200$25,755 This Year$115,856$77,038$38,540$28,200$46,065

6. Sales Increase by Quarter YearQtr 1Qtr 2Qtr 3Qtr 4 Last Year$37,761$51,710$52,292$58,101 This Year$61,594$64,497$67,057$112,551

7. What We Provide  Site selection and initial setup consistent with our mission statement  Inventory and product selection  Detailed marketing program based on:  Classes of all types  A variety of social events  Financial model

8. The Next Steps  Create detailed financial proposal including funding requirements to launch franchise campaign  Identify at least two potential franchisees for next year  Expand to ten additional franchises in second year