(BRAND)
(FINANCIALS)
Below is a snapshot of (tac)'s performance projections, the basic funding requirements needed to launch and the primary uses of those requirements. For complete information, including (tac)'s net present value estimate, please submit a request using the linked contact form.
(PROFITABILITY)
(REQUIREMENTS)
(tac) requires $225,832 to launch using a lean approach. We’ve already raised $XX,000 through personal investments and a small community grant.
We are currently seeking additional funding from outside angel investors and business loans. Start-up funds will be used for product design and development, inventory and operating expenses such as marketing, rent, utilities and payroll.
We will also use a portion of the initial investment to purchase production equipment that will produce future benefits for the company.
A small portion of our investment will be used to create an online clothing store. There are inexpensive e-commerce tools that provide easy ways to create an online store where we can sell our product globally.
(tac) will generate revenue from customer purchases of our products. Using a lean approach to launch and develop operations, (tac)’s first-year income statement illustrates a profit margin of at least fifty-six percent, with a net income of $7,114 after taxes. Our monthly break-even point will equal no less than $20,874 in total monthly sales. We project our annual profits to reach $160,654 by year three.
Based on sales of clothing and other merchandise, (tac)’s first-year sales are projected to be $245,322, and we expect sales to surpass $1,156,400 by the end of year three. We will achieve month-to-month profitability within the first year.
(USES)
(tac) will use the funds we obtain from investment in this apparel brand business plan to pay for initial brand development costs, such as licensing and permits and product development. We will use the remainder of the start-up funds to cover operating expenses, such as production costs, utilities, wages and marketing to increase retail sales.