TWERDOK’S TAILORING

“Tailored”

Owners Qualifications College graduate Degree in business Apprenticeship in Tailoring

Business Description Start-up Sole Proprietorship Makes custom tailored clothes and

premade

Making quality clothes that are made to fit you right for a good price!

Tailored Products Sports Jackets

Blazers

Button Down Shirts

Pants

Suits

Other Products Offered Belts Undershirts Ties Hats Socks Shoes Watches Wallets

Location Richland Mall

5375 William Flynn Highway, Gibsonia,

PA 15044

Rent

2000 Square Feet

High Traffic Area

Operating Details Open Monday-Friday 10 p.m.- 6 p.m.

Weekends open 9 a.m.- 7p.m.

50 hour work week

10 personal hours

Floor Plan

Job Specification FormTwerdok’s Tailoring Job Title: TailorRate of pay: $20/hrSupervision: Owner Zach TwerdokEducation: College DegreeExperience: A tailor for a previous company or ability to sew and fabricate clothingPhysical Requirements: NoneAbilities: Must be able to sew, measure, fit to appropriate size, and repair ripped clothingTraining: Trained to cut and sew specific ways to make unique clothing that is different from others Job Requirements Major Job Tasks: Create clothing from different fabricsDuties: Clean Workstation, Make Clothes, measure clients, and wait on customers  Number of work hours required per Week:Minimum 25 hours Maximum 45 hours  Normal Work Schedule Daily: 12p.m. – 8 p.m.Weekly: 60 Hours Employee Benefits ProvidedFlexible work schedule, 10 days of vacation, and discounted price

Hiring Process1. Job advertisement2. Narrowing list of applicants3. Interview Applicants 4. Reference checks5. Medical examination 6. Notify applicant of employment

Personnel 2 TailorsMeasure and Fit CustomerAble to create clothes from fabricRepair Clothes

1 Cashier/Sales RepWork with customer to select correct style Use register to check out customer

Wages Tailor $20 per hourWorking 30 hours a week

Cashier/Sales Rep. $15Working 40 hours a week

Competition Macys Kolhs Men's’ Warehouse Jos. A. Bank

Twerdok’s Tailoring

High Quantity Decent Customer

Service Competitive Pricing

High Quality Great Customer Service Lower Prices

Target Market Male 30-35 Business jobs Business attire Allison Park has 100,000 People

between the ages of 30-35

Advertising Plan Grand Opening 15% off first purchase Gift Certificates Billboards

At The Richland Mall

Twerdok’s Tailoring

This certificate entitles

to

Authorized by

Expires

Richland Mall

Not redeemable for cash. Redemption value not to exceed

Gift Certificate

Number 412-456-7890

Customers at Grand Opening 15% off first purchase

Zach TwerdokAfter Grand Opening

Twerdok's Tailoring

Income Statement

For Month Ended

June July August September October November

Revenue from Sales $ 41,250.00 $ 41,250.00 $ 41,350.00 $ 41,750.00 $ 42,250.00 $ 42,250.00

Avg. Customers/Day 5

Avg. Purchase Price $ 275.00

Days open per month 30

Cost of Goods from Sales $ 16,500.00 $ 16,500.00 $ 16,500.00 $ 16,500.00 $ 16,500.00 $ 16,500.00

Avg. Industry Markup 60%

Gross Profit $ 24,750.00 $ 24,750.00 $ 24,750.00 $ 24,750.00 $ 24,750.00 $ 24,750.00

Operating Expenses:

Owner's Yearly Salary $ 60,000.00 $ 5,000.00 $ 5,000.00 $ 5,000.00 $ 5,000.00 $ 5,000.00 $ 5,000.00

Wage Expense $ 5,000.00 $ 5,000.00 $ 5,000.00 $ 5,000.00 $ 5,000.00 $ 5,000.00

Rent Expense $ 3,000.00 $ 3,000.00 $ 3,000.00 $ 3,000.00 $ 3,000.00 $ 3,000.00

Advertising Expense $ 825.00 $ 825.00 $ 825.00 $ 825.00 $ 825.00 $ 825.00

Supplies Expense $ 750.00 $ 750.00 $ 750.00 $ 750.00 $ 750.00 $ 750.00

Utilities Expense $ 1000.00 $ 1000.00 $ 1000.00 $ 1000.00 $ 1000.00 $ 1000.00

Cell phone & Internet $ 250.00 $ 250.00 $ 250.00 $ 250.00 $ 250.00 $ 250.00

Insurance Expense $ 200.00 $ 200.00 $ 200.00 $ 200.00 $ 200.00 $ 200.00

Loan Payment $ 2,226.15

Total Operating Expense $ 20,067.82 $ 24,591.67 $ 24,591.67 $ 24,591.67 $ 24,591.67 $ 24,591.67

Net Income $ 4,682.18 $ 4,682.18 $ 4,682.18 $ 4,682.18 $ 4,682.18 $ 4,682.18

Twerdok's Tailoring

Start Up Costs

Note: Required Start-up Funds for New Business

Required Start-Up Funds Amount TotalsFixed Assets

Technology $ 1,950.00 Equipment $ 7,950.00 Furniture and Fixtures $ 9,800.00 Other Fixed Assets $ -

Total Fixed Assets $ 19,700.00

Start-up Costs (one-time)Legal and Accounting Fees $ 1,000.00 Licenses $ 1,000.00 Rent Deposit $ 4,500.00 Utility Deposit $ 750.00 Other one-time costs $ 500.00

Total Start-up One-time Costs $ 6,750.00

TOTAL START-UP COSTS $ 26,450.00

Note: Copy from Income StatementOperating Expenses One-Month

Cost of Goods Sold $ 16,500.00 Owner's Yearly Salary $ 4,999.00 Wage Expense $ 3,000.00 Rent Expense $ 4,500.00 Advertising Expense $ 825.00 Supplies Expense $ 500.00 Utilities Expense $ 750.00 Cell phone & Internet $ 150.00 Insurance Expense $ 200.00

Total Operating Capital $ 31,424.00

Six-Month Operating Expenses + One-time Costs $ 188,544.00

Total Start-up Funds Required $ 214,994.00 **Start-up Funds + Six-Month Operating Expenses

Note: List any Equipment needed for start-up

Required Equipment for Start Up Amount Total

Technology

Computer(s) $ 1,200.00 Printer(s) $ 100.00

Phone(s) $ 125.00

Web Page $ 500.00 Cash Register(s) $ 450.00

Total Technology Cost $ 1,950.00

Equipment

Sewing Machine $ 2,400.00 Measuring Tape $ 150.00

Scissors and Other tools $ 500.00 Thread $ 300.00 Fabric $ 4,600.00

Total Equipment Cost $ 7,950.00

Furniture & Fixtures

Tables $ 2,600.00 Couches and Chairs $ 2,900.00

Counters $ 700.00 Desks $ 1,700.00 Display Cases $ 1,900.00

Total Furniture Cost $ 9,800.00

Other Assets

              

Total Cost of Other Assets $ -  

TOTAL COST OF EQUIPMENT $ 19,700.00

Loan $215,000 At 4% For 10 Years

$2,326.15 A month