I.        Production:  Brand new e-commerce site makes purchasing fast, efficient and cost effective for both the business and customers.

      A.           The company has a price guarantee that their prices won’t be beat and they offer a return policy within 10 days of receipt of goods.

               1.            Historically, minimal costs have been incurred related to returns due to being able to recoup the cost from manufactures for all defective merchandise.  The only cost assumed are the return shipping costs from customers.

II.      Inventory:  Cost of goods sold has been staying constant from manufactures.  The average amount of inventory on hand in any given month is $100,000.  Sale Price of business does not include inventory. 

        A.           Inventory is seasonal due to the nature of the fashion industry.  Busiest times for the business are July thru November and February thru May just before the holiday and summer seasons for retailers.

III.    Hours:  Business hours are Monday – Friday 9:00am – 5:00pm.  Web site purchasing is available 24/7.

IV.     Staffing:

         A.           Owner manages the business part time 20 hours per week handling all accounting functions including payroll and handles all supplier negotiations.

        B.           One part-time stock person works warehouse.

        C.            One part-time student will be full time in July after graduation does the majority of the work on the e-commerce site.  Assists with the day to day operations.

         D.           One full time customer service helps with sales as time permits.  Takes care of the customers and assists with the day to day operations.

                   1.            Employees are paid on a weekly basis; no benefits are offered to employees.