business plan
Business Plan Questionnaire
Thanks for your order…Once these questions have been answered and
returned the development of you plan can begin.
What is the name of your business or company: Plan B jewelry Inc.
What is the name of your product/service and how does it work?
Provide a detailed description. I manufacture and retailer in fine
jewelry. Plan B motto is you don't buy what we have we create what you want.we specialize in CAD,Diamond setting,Casting gold or any metal that any customer desires. we also specialize in a large range of diamonds.depending on the customers price point.
What is your mission and vision statement? If any. plan B objective
is to satisfy and educate our consumers.By doing that Plan B is not your average retail jewelry store.the experience of coming to Plan B is that the customer has an option to put any particular chain,ring,earring, bracelet or pendant in any metal or diamond customer chooses depending on there budget.
What are the names of the people involved in the business and what
are the positions they hold. We have a professional CAD team,
Diamond setters, caster and Polishers.
What City & State is your business located? Is it an LLC/Inc./Ltd./C
or S-Corp? New york city
What or who is the competition in your industry My Competitors are
other retail jewelry store in the five boros. what makes Plan B jewelry
differnent from the rest is the overhead that your average jewelry store
might have.Almost all jewelry store a person walks in….. you see the
visual of lights diamonds, gold and glamour .Plan B you get the same
visual of glamour but instead of seeing gold you see the pendents,
chains, bracelet and ring in a wax form with diamonds set in the wax
to give you that same glamour.
If using a website describe your ecommerce platform.
What is the level of experience you have in this industry
Provide a short biography leading up to the point you started the
company. I got in to the jewelry industry ten year ago as a
manufacture. I specialize in CAD design .shortly after I became a
retailer in fine jewelry. I’m one of the first African- Americans to have
a office on 47 th st in the diamond district as a manufacturing and
retailer.
Are you looking for an investor? No a loan.
Please answer the following questions appropriately
FINANCIAL FORECAST SERVICE Thanks for ordering our gig, please provide the following detail to enable us serve you better. Note that all information are important but you can blank any of the space you don’t have knowledge of. Any addition is also welcome and acceptable
Name of business Plan B jewelry inc
Nature of the business Jewelry Manufacture and retailer
Location of the business Bronx NewYork
Start-up Asset and equipment along with their cost: e.g. Two 3Z Pro 3d printers price new is : 45,000 total $ 90,000
Monthly sales estimate (you can do this in two ways)
Method number 1: give the range of expected number of sales you will make on your product monthly (e.g. 800-100) along with your price per sales
Method 2: state the amount of money you are expecting to make monthly, it can also be in range (e.g. $2000-$50000)
On manufacturing to Jewelry businesses: With two 3D solids printers I estimate per day for printing $500 at each model printed at $250 per model. $15,000 per month.
Design charges: I estimate two designs per day at $200 Totals $5,600 per month.
On the Retail side : I estimate by having the jewelry CAD file from the businesses that I design for and print for Plan B will accumulated a large portfolio of fine jewelry designs with the addition that Plan B jewelry
already have. By having a retail store I will be able charge each consumer
a design charge,and make profit on setting, casting, gold, and diamonds base on the day gold market price and diamond market price.
I estimate on retail sale per month $10,000- $25,000 at the least and $30,000- $70,000 at the highest.
Value of goods you intend to buy monthly (you can also do this in two ways.)
Method 1: the range of expected number of goods to be purchase (e.g. 900-1100) accompanied with their price. Please note that the number cannot be less than that of sales and the price cannot be more than that of sale.
Method 2: state the amount of purchases you are expecting to make monthly, it can also be in range (e.g. $2000-$50000). Note this figure cannot be more than that of sales
List of all expenses: direct and indirect expenses with amount you intend to spend on them e.g.
Salary, rent, insurance etc.
Tax rate: 8.875
Expected monthly and yearly growth of income and expenses: per month $45,000-$90,600 growth . Expenses: $ 7,000
How much are you willing to invest into the business:
Are you taking loan? yes or lease the 3d prinrter
How much? $90,000
What is the rate of interest?
When did you intend paying back? Indicate whether the payment is instalment and how much per instalment. three years
What percentage of the profit did you intend to take as the owner and what percentage did you intend to reinvest back to the business. 20% to myself and 15% to my business.
ANY OTHER INFORMATION YOU THINK WILL BE VERY IMPORTANT IS
HIGHLY WELCOME.
Note that any missing information will be assumed according to industrial standard of your business.