By Angus and Jayden Mission Statement Playing sports
By Angus and Jayden
Mission Statement Playing sports is a great way to keep children fit, healthy and strong. However sometimes it can be very dangerous. Many children have severely injured themselves playing sports like hockey. That is why we have created the Protective Pro body pads to ensure that your child remains unharmed.
The Product The Protective Pro body pads are the only product in their market that offers full body protection for hockey. With padding covering everywhere, which normal pads don’t cover, chances of injury are much less.
Get Your Pro On
Finances To rent a 8100 SF warehouse the cost is $3455 per month Shipping cost $682 for 40 items The total for one moth and 40 items it costs $4600 To break even we must sell for: 218 Selling 40 a month for $250 each gives profits of $1, 360 We need a start of $10, 000 for ads and making the product
Advertising We are going to make flyers and hand them out at events we already have flyer template the only cost is the printing we figure at staples it cost 100 for 300 of them In the news paper it cost $6 for one column and one inch of high
Shipping from Utah, American Fork to B. C, Surrey costs $682 for 40 Items. We will ship 40 items per month
Target Market We are going to target parents and nhl players but mostly parents. We are going to mostly target parent because their kids are going to be safe and protected so they don’t get hurt. We want to target nhl players other people see it and then they want to buy it
building 8100 SF cost is $3455 shipping 40 items Cost is 682 ads News paper $6 for one column and one inch height And flyers The cost is to make 300 $100
We are going to do are own custom service and have toll free number that cost $19 a month for 250 minutes.
§ Cost $10 a month for credit card we need to sell at least $500 a month to make it worth while this company is called global payment Canada
§ The company will face lots of competition. There are more famous hockey protection companies; however they don’t have the full protection of protective pro. After wearing protective pro body armor other brands of hockey equipment just won’t give the wearer the same safety. There will be companies such as Bauer or reebok whose product may seem quit protective but nothing will guarantee your children’s safety like Protective pro.
§ 1. Increase the amount of products made per month § This can be achieved by expansion of the company when we will have enough customers to buy the extra items. It will significantly increase our profits. § 2. Sell company to Major Hockey company § Once the company has expanded considerably we will sell it. Companies will want to buy us because we will be taking their business away from them. Also they will view it as a way to make much more cash flow
§ Once the company has substantially increased in size we will expand in two ways: § 1. We will create protective pro body armor for lacrosse and football § 2. We will create two different variations of the body armor, there will be the original “protective pro original” and the new “protective pro platinum”
§ Problem: Large competition § Solution: We offer full protection which the competition doesn’t have § Problem two: Small initial income § Solution: Just like any starting company we won’t have a steady stream of cash flow in the beginning. Once we expand our customer base we will increase the number of items made per month which will be sold, ultimately increasing our profits.
§ The conclusion is that protective pro body armor by far offers the most protection out of any others sports protection companies. All the spots left unprotected can now be saved from harm.
- Slides: 16
