Business+Start

=**Businesses**=

i. Who will buy your product or service?
Students within the school, people at Domonique's mom's work, possibly parents.

ii. Why will people buy your product or service?
People will buy out product or service because we believe a lot of people like jewelery, especially girls. If we plan it out right, our business could be a success, because a lot of people like jewelery, or maybe even guys could buy jewelery for a girl they like or something. We were going to also sell baked goods, which will be a hit at lunch and such.

i. Startup costs
1. How much does it cost to create the product or deliver the service, and is this money available? Depending on how much materials are, it costs maybe $10 to make multiple jewelery pieces. With a bag/kit of beads, and string, we can make tons of things. It depends on the type of beads you get, and the quality/type of string. The delivering part isn't hard, if it's inside of school. Outside of school, it doesn't TECHNICALLY cost anything to deliver, except for gas money. Yes, the money is available.

ii. What materials and equipment are needed?
Well, we are making jewelery (Rings, necklaces, bracelets, hairclips, etc), and baked goods. We will need string to put the beads on, beads (bags or beading kids). We will also need the ingredients for the baked goods we are making. The baked goods will include a variety of different things that range from brownies, cookies, and cupcakes.

iii. How difficult is it to make the product or deliver the service?
Depending on what the product is out of our few products, some are difficult to make. Beading the jewelery is very time consuming. You have to think about each design you want to do for each jewelery piece, plus you have to bead, and add a clapse at the end or just tie it. Making the baked goods (depending on what you make) can be a lengthy process.

i. Identify the roles of each worker
1. Manager(s) Domonique & Micaela

2. Laborers Domonique & Micaela

3. Creative Design/marketing Domonique & Micaela

4. Finance/bookkeeping Domonique & Micaela

i. Who will buy your product/service?
Students within the school, people at Domonique's mom's work, possibly parents.

ii. How much will you sell the product/service for?
Well, we decided that all jewelery will go for .50 - $1.00. For higher quality jewelery it will be sold for $2-$3. Baked goods will be $1.

**a. What products or services, within school and outside of school, compete with your product/service?**
Products that compete with our products are other businesses that will be selling jewelery, and places like Clarie's, Icing, & Spencer's because they sell jewelery that buyers will value more, because they are better quality and have more value. Other competition that we will be competing with are other companies that will also be selling jewelery within the school.

**b. How will you deal with that competition?**
We will deal with the competition by doing the best we can with making our products the best quality. We will strategize and see what other companies are doing and we will see how we can improve on our products.