Unique Makeup Business Plan - Pearl Cosmetics Mission and Vision
"Explore the detailed business plan for Pearl Cosmetics by Elena Sahawneh, focusing on high-quality makeup products, customer satisfaction, global expansion, and financial projections. Learn about the target market, competitors, and future goals of this captivating cosmetics venture."
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Presentation Transcript
MY BUSINESS PLAN DONE BY: ELENA SAHAWNEH
BUSINESS IDEA My idea: to sell high quality makeup products Name of business: Pearl Cosmetics This is a goods business The name is captive and catchy which attracts customers and excites them to buy the goods
OBJECTIVES, MISSION, AND VISION MY MISSION: FOR CUSTOMERS TO BE SATISFIED WITH THE MAKEUP PRODUCTS AND BE ABLE TO EXPLORE THEIR CREATIVITY WITH MY UNIQUE MAKEUP PRODUCTS MY VISION: FOR MY BUSINESS TO BRANCH OUT WORLDWIDE AND GET NOTICED BY CELEBRITIES AND MAKEUP ARTISTS FROM AROUND THE WORLD
TARGET MARKET AND DEMOGRAPHICS Targeted customers: anyone, but mostly teenagers and young adults between the ages of 15 and 30 Competitors: big makeup companies such as NYX cosmetics and M.A.C. cosmetics Business location: in malls all around the United States, ordering online is possible with worldwide shipping for people outside USA
FINANCIAL INFORMATION SOURCES OF CAPITAL: BANK LOAN CHARGE OF ITEMS: AFFORDABLE PRODUCTS BETWEEN THE RANGE OF $5 TO $50. SELLING PRODUCTS THAT ARE LESS EXPENSIVE THAN LUXURY BRANDS LIKE M.A.C. AND NYX PREDICTED PROFIT WITHIN THE FIRST YEAR: BANK LOAN (TOTAL COST) OF $5000, SELLING PRICE OF PRODUCTS IF BUSINESS IS SUCCESSFUL $15000 15000-5000= $10000 PREDICTED PROFIT IN THE FIRST YEAR
WHAT WILL I DO WITH THE MONEY IF THE BUSINESS IS PROFITABLE? I WILL USE IT TO IMPROVE THE BUSINESS BY: 1. HIRING MORE EMPLOYEES WITH EXPERIENCE 2. OPENING MORE BRANCHES WORLDWIDE 3. MAKE A WIDER VARIETY OF PRODUCTS 4. MAKE A MORE AESTHETICALLY PLEASING STORE DESIGN
