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Kultur Dokumente
NBV4
Clothing Store
I. BUSINESS DESCRIPTION 3
BUSINESS MODEL 3
PRODUCT PRICING MODEL 4
REVENUE MODEL 4
BUSINESS PROCESS 5
VALUE PROPOSITION ERROR! BOOKMARK NOT DEFINED.
BUSINESS MODEL
I, Marigold F. Salvador, will be the one to own and manage the business. I
believe what made me the right person for this job is my passion for fashion.
Fashion, being something close to my heart, will make it easier for me to manage
this business. Moreover, my desire to be successful and to grow further in the
fashion industry will what make me push through this business. My parents will
be the one to help me run the business. My dad will be there to support me
financially while my mom will be the one to guide me in transacting with the
suppliers. However, I will still be the one who is going to be hands-on in
managing the business.
REVENUE MODEL
The business will depend on the results of sales for a month to know what type of
products the customers want. Through this, I would know which items to restock and
order from the suppliers. This will also help me prevent shortage or surplus of items.
As the owner, I will be the one responsible for managing the inventory and the
products to be sold online. I am the one who is going to post online and sell directly to
my customers. I am also in charge of the marketing and promotions of my clothing
brand. Also, I am responsible with the organization of suppliers and supplies. I will be
the one to receive the deliveries of orders to make sure that it’s complete. My work
includes ensuring the quality of products offered through inspection. Lastly, I should
ensure that all problems are taken care of.
Since the start of my operations, I was able to generate a revenue amounting to Php. I
can honestly say that my journey in running this business was not an easy one.
Explain differences in monthly results, sales growth and net income trend
PERFORMANCE RATIOS