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La Vision!

La Vision!. Jack Matos, Erick Romero 11 th grade 17 years of age. Mission Statement. Mission Statement

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La Vision!

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  1. La Vision! Jack Matos, Erick Romero 11th grade 17 years of age

  2. Mission Statement • Mission Statement • The mission that our company wants to reach is to make sure that you and your friends have a party/wedding that they would never forget and most importantly let you have a good time. • Opportunity • Our service is to decorate exactly like you want for your special occasion and if not exactly close to how you want it to look! • we will go to your destination or you can come where we are located • We’ll set up appointments to talk

  3. Business Profile • Type of Business • Our business is a service. • Our service is to decorate your special occasion. • Legal Structure • Corporation • We chose this legal structure for protection.

  4. Qualifications • I’m qualified to run this business because: We studied Art and how to Design for any occasion.  We are good at Math We are really creative and trust worthy

  5. Market Analysis Total Population 118,714 Target Market 61,547 Potential Market 61

  6. Target Market Segment • Demographics • It doesn’t matter what their income is, they have to be 18 years or older to tell us what the party is, but 14-16 to tell us what they want, family size doesn’t matter • Geographics • They have to live in Hartford in the near future we would expand to farther places and the location is not important. • Psychographics • Reggeton, Bachata, Hip-hop, and R&B, etc. • Buying Patterns • They can pay Cash, Check. • They may do a lay-a-way.

  7. Competitive Advantage Lo Que Tu Quieras Ideal party decorators Quinceanera boutique Factors Price negotiable negotiable Competitive/negotiable Quality of Service ideas Different ideas Easy to work with. Location Hartford County Florida Houston Reputation/Brands Party decoration Decorations Party Decorations Unique Factors/ Knowledge Have business Have business, privet parties Creative, art school

  8. Marketing Mix Hartford and surrounding areas. facebook, cards, internet, flyers. Parents of females from ages 14-16 that have Hispanic background. Party Decorating Competitive

  9. Promotional Mix Promotional Expense Monthly Amount Advertising $500 Commercials Publicity $0 Face book, word of mouth. Personal Selling $12 Cards and pens with our business name on them. Sales Promotion $55 Flyers with name and number Total Monthly Promotional Expense $567.00

  10. Cost of Materials/Labor

  11. Economics of One Unit One Quinceañera for 50 Description of One Unit of Sale:

  12. Average Monthly Fixed Expenses

  13. Time-Management PlanSchedule for a Typical Week Total Hours in a Week = 168

  14. Monthly Sales ProjectionsFirst Year Total Units Sold 255

  15. Monthly Break-Even Units $2,092.00 = 7 $279.25 In an average month, the company will begin to make a profit after selling units. 7

  16. Projected Yearly Income StatementFirst Year

  17. Start-Up Investment Total Start-Up Investment $8,820.00

  18. ROS & ROI $69,696.60 $127,500.00 X 100 = 55% $0.55 $69,696.60 $8,820.00 X 100 =7. 90% $790.21

  19. Financing Strategy Total Start-Up Investment $8,820.00

  20. Philanthropy and business Responsibility • Philanthropy • We are going to Donate 5% of our investments to Saint Joseph’s to help kids get cured from cancer. • Business Responsibility • Our business would be known by Facebook ads, ads on magazines, and bulletin boards, and TV commercials.

  21. Business & Personal Goals Business Personal • J-my goal is to graduate with a 3.0 GPA and go UCONN. • E-my goal is to graduate high school with a diploma and enter a design/art college. • Look for people that are interested in doing quinceañera. • We will take pictures of the quinceañra we do and post them on street walls. Short-Term • Expending the buissness by looking for new occasions that need help. • We would seek out other designers that know how to work with people. • J-my goal is to be a pediatric and than go into Forensic Pathologist. • E-my goal is to become a well known designer/artist and have my own business. Long-Term

  22. La QuinceañeraDe TusSueños!(The Sweet 15 of your dreams.) Thank You for your cooperation. La Vision

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