Question
I have included an example below for a dressmaker business plan; but I am still having trouble trying to figure out my own personal finical
I have included an example below for a dressmaker business plan; but I am still having trouble trying to figure out my own personal finical plan with the following expenses
Expenses
Startup expenses
Material expenses per dress
- Fabric-$150(dress)
- Rhinestone appliqu- $200-250
- Thread-$4
- Other supplies elastic, trim, solid base materials, zippers- $10
- Dress- making patterns $13
- Machine needles-$9
- Bags for your customer's purchases-$25(monthly)
- Mannequin display-$200
- Extra Sewing machine $250
Monthly expenses
- Sewing machine maintenance-$30
- Electricity for your machine, lighting-$50
- Insurance $110
Selling fees online:
- Posh-mark selling fee-10%(per Posh-mark sale)
- Website expenses-$30(monthly)
- Payment method expenses- $2(each transaction)
- Advertising-$50(monthly)
- Postage expenses such as mailing envelopes, tape, business cards, tissue paper-$40(monthly)
- Shipping-$10-20( each dress)
Hourly rate for seamstress -$17
Assistant hourly rate $14/ 20hr weekly
Sales discounts at 10%
Market Analysis
Potential Customers
Growth
Year 1
Year 2
Year 3
Residents
32%
Website Purchasers
48%
Poshmark
20%
Total
100%
TOTAL UNIT SALES
166,080
Unit Prices
Year
1
Year 2
Year 3
Acessories
$15
Shoes
$80
Custome made Dresses
$600
Ready-made Dresses
$450
Sales
Acessories
Shoes
Custome made Dresses
Ready-made Dresses
TOTAL SALES
Direct Unit Costs
Year
1
Year 2
Year 3
Acessories
Shoes
Custome made Dresses
Ready-made Dresses
Direct Cost of Sales
Acessories
Shoes
Custome made Dresses
Ready-made Dresses
Subtotal Direct Cost of Sales
Sales Forecast
Unit Sales
Year 1
Year 2
Year 3
Acessories
2,880
Shoes
19,200
Custome made Dresses
57,600
Ready-made Dresses
86,400
I have included an example below for a dressmaker business plan; but I am still having trouble trying to figure out my own personal finical plan with the following expenses
Expenses
Startup expenses
Material expenses per dress
- Fabric-$150(dress)
- Rhinestone appliqu- $200-250
- Thread-$4
- Other supplies elastic, trim, solid base materials, zippers- $10
- Dress- making patterns $13
- Machine needles-$9
- Bags for your customer's purchases-$25(monthly)
- Mannequin display-$200
- Extra Sewing machine $250
Monthly expenses
- Sewing machine maintenance-$30
- Electricity for your machine, lighting-$50
- Insurance $110
Selling fees online:
- Posh-mark selling fee-10%(per Posh-mark sale)
- Website expenses-$30(monthly)
- Payment method expenses- $2(each transaction)
- Advertising-$50(monthly)
- Postage expenses such as mailing envelopes, tape, business cards, tissue paper-$40(monthly)
- Shipping-$10-20( each dress)
Hourly rate for seamstress -$17
Assistant hourly rate $14/ 20hr weekly
Sales discounts at 10%
Market Analysis |
|
|
|
|
Potential Customers | Growth | Year 1 | Year 2 | Year 3 |
Residents | 32% |
|
|
|
Website Purchasers | 48% |
|
|
|
Poshmark | 20% |
|
|
|
Total | 100% |
|
|
|
TOTAL UNIT SALES | 166,080 |
|
|
Unit Prices | Year 1 | Year 2 | Year 3 |
Acessories | $15 |
|
|
Shoes | $80 |
|
|
Custome made Dresses | $600 |
|
|
Ready-made Dresses | $450 |
|
|
Sales |
|
|
|
Acessories |
|
|
|
Shoes |
|
|
|
Custome made Dresses |
|
|
|
Ready-made Dresses |
|
|
|
TOTAL SALES |
|
|
|
Direct Unit Costs | Year 1 | Year 2 | Year 3 |
Acessories |
|
|
|
Shoes |
|
|
|
Custome made Dresses |
|
|
|
Ready-made Dresses |
|
|
|
Direct Cost of Sales |
|
|
|
Acessories |
|
|
|
Shoes |
|
|
|
Custome made Dresses |
|
|
|
Ready-made Dresses |
|
|
|
Subtotal Direct Cost of Sales |
|
|
|
Sales Forecast |
|
|
|
Unit Sales | Year 1 | Year 2 | Year 3 |
Acessories | 2,880 |
|
|
Shoes | 19,200 |
|
|
Custome made Dresses | 57,600 |
|
|
Ready-made Dresses | 86,400 |
|
|
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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
9781266566899
