Business+Plan

__**D&M Design’s Business Plan**__
Our company name is D&M Design’s. We are located at 4348 S. Griffin Ave; In Room 207. We will be selling jewelry such as beaded bracelets, necklaces, rings, earrings, hairclips, and more ! We will also be selling baked goods, such as cookies, brownies, cupcakes, and chocolate covered pretzels. We will be selling during lunch hour.

Our only target really Is to sell to everyone, and to make sure that customers are satisfied with our products. Anyone can buy ! We know that girls love jewelry, but maybe the guys can buy jewelry for a girl/their girlfriend. We think the baked goods are perfect to sell during lunch hour. They’re the perfect thing for a sweet, tasty treat ! During the holidays we will be having sales and specials also. With all of the effort we will be putting into making these items; we believe it is reasonable to charge .50 - $1.00 for the lower quality items, and $1.00 - $3.00 for the higher quality items. We will be advertising through flyers, business cards, and the Panther Post.

We will be competing with multiple companies. The fact that we are selling jewelry and baked goods makes us compatible with many stores. Stores we will competing with are stores such as Claire’s, Icing, Hot Topic, Spencer’s, Wet Seal, Charlotte Ruse’, because they sell better made jewelry, so it will be hard competition. With our baked goods, we will be competing with any other stores that sell baked goods, such as Bakeries, Pick N’ Save, Starbucks, Gloria Jeans, etc. Other competition will be the companies inside of school that will also be selling jewelry, and baked goods.

We ensure that our products will be made carefully, and with care. For the jewelry products, we will use elastic/clear string (or wire), beads, plain silver hairclips, and clasps. First, we will measure out the string & cut it to fit. We will then either tie a knot at one end, or put a clip at the end of the string to make sure the beads don’t fall off. We will then carefully bead the jewelry piece we are making. Once it is beaded, it well then be secured by tying, or attaching a clasp at the end. Once a good amount of jewelry is made, the products will be brought to Burdick in a box; or bag, and kept secure in Micaela or Domonique’s locker until ready to be sold at lunch hour. As for our baked goods, those will be made with the ingredients required. They will then be baked, decorated, packaged/wrapped, and brought to Burdick by Micaela or Domonique, and then sold at lunch hour as well.

The roles of our company are simple. Since the company is only Domonique & Micaela, we share each role. We are both managers, we share the laborers work, we discuss the creative design/marketing, and agree upon our idea’s, and we both share the finance/bookkeeping. We keep our finance simple as well. We are not borrowing any money. We are using our own money; and we will each spend an even amount. We chose not to borrow any money because we don’t want to have to worry about paying back; and that way when our product sells, we make a little extra money, instead of having to use that extra money to pay back.