Business proposal on boutique/fashion store

Executive summary
Classic
boutique and fashion store will offer named brand, quality shoes, clothes and accessories
in an assortment of styles and sizes to make you look classic.
Name and location of business

The
business will be named classic boutique/fashion store, and it will be located
by block 22, Road 4 Okola shopping complex, Ajah, Lagos. It is chosen because
it is a everyday market place, where people within and outside Ajah go for
shopping.
Mission statement
As the
name implies, it offers classic, quality, unique and affordable brand of
clothes and accessories for both adult and children, to meet the desire of our
distinguished customers.
Recommended fund
Classic
boutique requires 1.4 million debt funds. The breakdown of the usage:
S/N.
Equipment
Unit price (N)
Quantity
Total (N)
1.
Store rent
56,000
1 (year)
600, 000
2.
Fan
3,500
2
7,000
3.
Air condition
50,000
1
50,000
4.
Shelve
10,000
3
30,000
5.
Table
4,000
1
4,000
6.
Executive chair
25,000
1
25,000
7.
Signboard
15,000
1
15,000
8.
Generator (Big)
55,000
1
55,000
9.
Painting/workmanship
15,000
2
15,000
10.
Television set
60,000
1 (32 inches)
60,000
11.
Receipt Booklet
2,500
2
5,000
12.
Cotton
1,500
1
1,500
13.
Customize Nylon
2,500
2
5,000
14.
Bulb
2,500
2
5,000
15.
Complementary card
3,000
50 pieces
3,000
16.
Destop
60,000
1
60,000
TOTAL
940, 500
Other expenses
Light Bills – 7,000
Workers Salary – 30, 000 (Two sales girls)
Security – 2,000
Association due – 12, 000 (Yearly)
Registration – 50, 000
Customize Polo for sales girls (3,000)
Trip to dubai – 180,000 (to and fro)
Luggage – 10, 000
Total               N294,000
Loan
We have
decided to contribute 250,000 each and to get 1 million and to borrow 1.4
million Naira from Grummy Cooperative Society to refund 100,000. With interest
of 20,000 per month for 1 year, 2 month (14 months).
Financial report (adult)
Item
Rate
Quantity
Amount
Polo (Unisex)
2,500
2 dozen
60, 000
Female shoes
4,000
1 dozen
48,000
Men shoes
5,000
1 dozen
60,000
Bags
3,000
2 dozen
72,000
Dresses
2,500
1 dozen
30,000
Belt
1,000
2 dozen
26, 400
Sandals
1,200
1 dozen
14,400
Palm slippers
1,200
1 dozen
14,400
Blazers
3,000
1 dozen
36,000
Trouser (Male)
2,500
1 dozen
30,000
Trouser (F-male)
1,500
1 dozen
18,000
Suit (Male)
15,000
1 dozen
180,000
Sunglasses (Designers)
5,000
1 dozen
60, 000
Jewellrey (gold)
12,000
½ dozen (6)
72,000
Total
706, 800
Financial report for children
S/N
Item
Rate (N)
Quantity
Amount
1.
T – shirt (boy)
1,500
1 dozen
18,000
2.
Gown
1,500
1 dozen
18,000
3.
Trouser (girls)
1,000
1 dozen
12,000
4.
Trouser (Boy)
1,000
1 dozen
12,000
5.
Tops (girls)
1,500
1 dozen
18,000
6.
Shoes (boys)
1,500
1 dozen
18,000
7.
Shoes (girls)
1,200
1 dozen
11,400
8.
Skirt
800
1 dozen
9,600
9.
Suit (boy)
3,500
1 dozen
42,000
10.
Wrist watch
500
1 dozen
6,000
Total
168,000
Various price of product
Polo (unisex)                                                                                                           4000
Female (heals) shoe                                                                                             6,000 
Men shoes                                                                                                                7,000 
Bags                                                                                                                           5,000
Dresses                                                                                                                      4,000 
Wrist watch                                                                                                              4,000
Belt                                                                                                                             1,500
Sandals                                                                                                                     2,500
Palm slippers                                                                                                           2,500
Blazers                                                                                                                       5,000
Trouser (Male)                                                                                                         4,000
Trouser (Female)                                                                                                    3,500
Suit                                                                                                                              25,000
Sunglasses (Designers)                                                                                         7,000
Jewelry (Gold)                                                                                                       17,000
Various price of product for children
T-shirt (boy)                                                                                                              2,500
Gown                                                                                                                        3,000
Trouser (girls)                                                                                                           2,500
Trouser (boy)                                                                                                           2,500
Tops (girls)                                                                                                                2,000
Shoes (boys)                                                                                                            3,000
Shoes (girls)                                                                                                              3,000
Skirt                                                                                                                             1,500
Suit                                                                                                                              5,000
Wrist watch                                                                                                              1,000
Below is the income per day
S/N
Items
Quantity
Rate
Total
1.
Polo (unisex)
5
4,000
20,000
2.
Women shoe
2
6,000
12,000
3.
Sandals
3
2,500
7,500
4.
Dresses
4
4,000
16,000
5.
Wrist watch
1
4,000
4,000
6.
Jewelry (Gold)
1
17,000
17,000
7.
Suit (male)
1
25,000
25,000
8.
Shoe (male)
1
7,000
7,000
9.
Blazers
3
5,000
15,000
10.
Tops (girl)
3
2,000
6,000
11.
Gown
2
3,000
6,000
12.
Shoe (girl)
2
3,000
6,000
13.
Wrist watch
3
1,000
3,000
14.
Skirt
4
1,500
4,500
Total
149,000
Monthly expenses
Security Due                                                                                                            2,000
Association Due                                                                                                     1,000
Miscellaneous                                                                                                         10,000
Fire services                                                                                                              2,000
Light Bill                                                                                                                     7,000
Loan Repayment                                                                                                   100,000
Total                                                                                                                           122,
000
Annual report
Description                                                                     Amount
Maintenance                                                                      10,000×12
months =120,000
Interest                                                                                  40,000×12
= 480, 000
Association Due                                                                 1,000
x 12 = 12,000
Loan repayment                                                                100,000×12
= 1,200,000
Operational cost                                                               100,000×12
= 1,200,000
Per Day
Per week
Per month
Per year
149,000
149,000 x 7days =
1,043,000 x 4 weeks
4,172,000x12mnths
1,043,000
= 4, 172,000
50, 064,000
Total income (Gross profit) per year = 50, 064, 000
Net profit = Gross profit – total expenses =
50,064,000 – 2,904,000
= 47, 160, 000.
Conclusion
From the
business income and expenditure, it has been known that income is higher than
expenses with this business, from our profit we will be able to pay back our
loan and still do well in business.

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