Powerpoint- Business Plan
taurus77
powerpoint.pptxGold Cedar Bridal, LLc.
By
Yolanda Abokhai
OL 630
Southern New Hampshire University
Company Summary
Limited Liability Company owned by Yolanda Abokhai
Company Name is Gold Cedar Bridal
Bridal Rental Salon
Luxury Designers
Chicago Land location - Downtown
5 personnel's
Startup cost estimated at $89650
Looking for Angel investor to commit to a 3 year investing contract to total $285,000 ~ $300,000.
Service Provided
Rent High – end designer bridal gowns and accessories.
Designers such as Zuhair Murad, Oscar de laRenta, Vera Wang, Robert Mottelo Zac Posen and more.
New business model in the Chicago market.
Other specialty gowns will be rented as evening gowns to bride’s as 2nd outfit
SWOT Analysis
David’s Bridal and Competitors in the Chicago land area
Major Rental opportunity
Wedding Consultant experience
Weakness – Lack of Exposure
Treat – loyal customers and competitors
Target Market
Low – middle income women
Age between 24 – 32 years.
Growth in the wedding industry
Legalization of Gay & Lesbian marital rights
Recession proof
Financial Analysis
Funding Budget - $300,000 – 500,000 over 3 years
Monthly expense - $7,000
Projected Sales in 1st Month - $25,000
Projected sales with in 3 years – approximately $1,500,000
20% Return on Investment goal
Sensitivity Analysis – 25% profit margin for each item
Marketing Plan
Newspaper – “Red Eye”
Facebook, Twitter and Instagram – Social media has a great source of low cost advertising
Media – TV and Radio for Opening week
Advertising Budget of $3,000 opening month and $2,000 bi monthly.
Customer Incentives – Vouchers to use towards rental.
Conclusion
Rental Bridal Salon
New niche
Growing industry
Investor willing to invest over 3 years - $300,000 – 500,000
SWOT Analysis – 25% profit margin required
Projected sales and expenses can be used to plan strategically on the next step to take in dealing with bridal salons
Owner will need to be vigilant and gain trust with people in this field as mentors to help stay ahead of the game.
Gold Cedar Bridal, LLC company in need of angel investors.
