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Revenue Streams
Stickers will cost $2 so I will be making $1.94 per sticker.
To break even and payback the loan I will need to sell about 27 stickers.
If I sold out of all my stickers I would make:
Start-up Costs
Table Rental: $3
Booth Rental:$4
Cleaning Supplies: $1
Cost Structures
Total Loan Amount Requested
$40
For this business all I will need is sticker paper.
Cost of paper with tax: $29.77
Total Quantity: 25
Stickers per paper: 20
Total stickers:500
Cost to make one sticker: $0.06
My employee will be Emily Flowers. She will mostly handle the money and hold the money bag.
Gains Created
The gains created are: Cheaper stickers than the popular Redbubble stickers that are still good quality.
Competitive Advantage
Competitive advantages include: being the only business outside of the food market.
Market Research Findings
Most people wanted memes/vines as a theme. Another popular theme was movie/TV show references.
A majority wanted to custom order a sticker.
Another majority wanted professional looking stickers.
Strengths: Low production cost
Weaknesses: Not everyone likes stickers
Opportunities: I took an opportunity to make something really cheap that I enjoy.
Threats: High school students really like food. They might want to spend all of their money on the food businesses.
Core Values
The core values of my business would be: Passion and Opportunity.
My business will be selling stickers. These stickers will be printed on waterproof sticker paper and cut out.
Goals: My goal for this business is to provide quality products at a cheap price.
My primary market will be the girls at school.
Marketing Strategy: Offering cheap waterproof stickers and appealing to the schools humor. I will also put posters up around the school.
Pricing Strategy: I will make the stickers cheaper than those online.