Positioning statement: We want to show how our product is unique as it is functional
pricing strategy: We will expand our production line into new bases and attachments to hit a wider audience.
sales strategy: When we ship to stores, the price will be $16
Revenue streams: We will ship out and sell 1500 wrenches a month.
1 month: $24,000
6 months: $144,000
12 months: $288,000
Sales forecast: As said last section, we expect to sell 1500 wrenches a month.
1 month: 1500 wrenches
6 months: 9000 wrenches
12 months: 18,000 wrenches
Milestones: A milestone for the product.
Break-even analysis: Identifying if the company will have an advantage to become successful by earning money in a period of time or losing the money over time. Knowing when exactly will the profit of the product will be balanced.
Projected profit and loss: Knowing if 15000 wrenches per month is making a profit by recording how much money is earned and also how much money will be lost. And knowing the profit of the product is increasing or decreasing overtime.
Projected Cash flow: 24,000 per month will be available if the project is the successful, but if the product is changing overtime and if it's increasing in a positive way; if only 15000 is sold per month. But also how much money will be lost to produce the product.
Projected balance sheet: The company has 15000 wrenches per month. Our company will be gaining 24,000 per month if only the wrench is sol for 16 dollars at any store. During period of time the company will be gaining more rather than losing the profit if only the 15000 wrenches is sold per month.
Business ratio: It can be used by investors, bankers, and business analysis to assess a company’s financial status. However, right in this moment we do not have a business ratio.
pricing strategy: We will expand our production line into new bases and attachments to hit a wider audience.
sales strategy: When we ship to stores, the price will be $16
Revenue streams: We will ship out and sell 1500 wrenches a month.
1 month: $24,000
6 months: $144,000
12 months: $288,000
Sales forecast: As said last section, we expect to sell 1500 wrenches a month.
1 month: 1500 wrenches
6 months: 9000 wrenches
12 months: 18,000 wrenches
Milestones: A milestone for the product.
- business plan
- Developing
- Finish with review
Break-even analysis: Identifying if the company will have an advantage to become successful by earning money in a period of time or losing the money over time. Knowing when exactly will the profit of the product will be balanced.
Projected profit and loss: Knowing if 15000 wrenches per month is making a profit by recording how much money is earned and also how much money will be lost. And knowing the profit of the product is increasing or decreasing overtime.
Projected Cash flow: 24,000 per month will be available if the project is the successful, but if the product is changing overtime and if it's increasing in a positive way; if only 15000 is sold per month. But also how much money will be lost to produce the product.
Projected balance sheet: The company has 15000 wrenches per month. Our company will be gaining 24,000 per month if only the wrench is sol for 16 dollars at any store. During period of time the company will be gaining more rather than losing the profit if only the 15000 wrenches is sold per month.
Business ratio: It can be used by investors, bankers, and business analysis to assess a company’s financial status. However, right in this moment we do not have a business ratio.