P&c Fashion Boutique Case Study
Essay by সারাহ হেমায়েত • April 19, 2019 • Case Study • 9,111 Words (37 Pages) • 845 Views
1.0Executive Summary
Running a fashion boutique is one of the most exciting possibilities for those of you who are seeking the ideal business to start up. It is an especially attractive prospect for the ladies’. However, the nature of the business doesn’t exclude the gentlemen from embarking on this industry either. Now for those who are beginners or novice to the happenings in the fashion industry. Below are some feasibility analysis about Fashion Business/industry
And P&C is such a company wich insure all that
Objectives
The Pink & Contrast established three objectives it plans to achive in the next three years;
- To locate our operations in Dhaka, and to locate our first store in Gulshan2 fully booked by the third year
- To drive awareness and build sales through mentions in both local print and the nation's top fashion magazine
- Gross profit margin of 45 percent or more
- Net after-tax profit above 15 percent of sale
Mission
- To provide customer with a boutique that offers a comfortable and approachable environment
- To showcase quality, well-constructed fashions from prominent and cutting-edge designers
- To offer a variety of beautiful and high-end fashion accessories
- To help customer learn what clothing and styles go best with their unique personalities
- To generate buzz and sales through top-notch exclusive services
- Uses a different style and color contrast that is pink and all pink Shades in every of its products
Keys to success
- Having a good location in a high-shopping area
- Quality product and good relationships with vendors
- Outstanding customer service
2.0 Company summary
Pink & contrast is a boutique shop. P&C uses a different style and color contrast that is pink and all pink Shades in every of its products. This color features and contrast is the special offer that it uses to attract its customer conveniently and efficiently. P&C provides its customer a option in which they can customize their product specially color. They can use any combination of pink. P&C offer both regular and exclusive outfits for its customer. Its products are all for female. From infant to young adult it provides very stylish and colorful attire.
Pink & Contrast is a limited liability company.
Company Ownership
Pink& contrast is Limited Liability Company. Pink & contrast is established as a partnership based company because of the ease of establishment. There are five partners and equally investing on the business. After getting breakeven point of the business we will forming corporation.
Startup summary:
Requirements | Amount | Amount | Total amount | |||||
start up expenses: | ||||||||
legal | 7000 | |||||||
official equipment | 50000 | |||||||
land rent | 20000 | |||||||
administration | 15000 | |||||||
identity/logos/stationary | 15000 | |||||||
others | 10000 | |||||||
total start up expense | 117000 | |||||||
start up asset | 30000 | |||||||
cash required | 15000 | |||||||
start up inventory | 40000 | |||||||
other current asset | 150000 | |||||||
long term asset | 235000 | |||||||
total asset | 470000 | |||||||
total requirement | 587000 | |||||||
start up funding | ||||||||
start up expense to fund | 117000 | |||||||
start up assets to fund | 470000 | |||||||
total funding required | 587000 | |||||||
assets | ||||||||
noncash assets from start up | 120000 | |||||||
cash requirement from start up | 15000 | |||||||
additional cash raised | 0 | |||||||
cash balance on starting day | 15000 | |||||||
total asset | 150000 | |||||||
liabilities & capital | ||||||||
liabilities | ||||||||
current borrowing | 50000 | |||||||
long term liabilities | 200000 | |||||||
accounts payable | 0 | |||||||
total liabilities | 250000 | |||||||
capital | ||||||||
planned investment | ||||||||
partner 1 | 20000 | |||||||
partner 2 | 20000 | |||||||
partner 3 | 20000 | |||||||
partner 4 | 20000 | |||||||
partner 5 | 20000 | |||||||
total planned investment | 140000 | |||||||
loss at start up(start up expense) | 117000 | |||||||
total capital | 23000 | |||||||
total capital & liabilities | 470000 | |||||||
total funding | 587000 |
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