Pink Lady Bug Designs LLC, (PLBD) provides high-quality, uniquely crafted chocolates and gift baskets that are sold to raise funds and awareness for women’s health programs.
- We are a newly organized company seeking equity and loans for our start-up capital.
- We expect to double our sales by year two; by year three, we hope to triple Year Two’s sales and have a healthy cash flow.
- 50% of our after-tax profits will be donated to women’s health programs.
- Our business strategy maximizes cash flow by minimizing overhead and capital expenses, and thus maximizing returns.
Pink Lady Bug Designs was established to sell Linda Herter’s designs and concepts. Linda has been involved with merchandising in some capacity since the 1970’. Linda was also told that the Internet dot-com company she was employed by was closing down. Recognizing opportunity in adversity, Linda decided to use her creative and professional ability to form a company that would exploit her talents. A major objective of the company is to raise funds for breast cancer awareness as well as provide funds for women who are not able to afford necessary breast screenings. Our desire is for Linda’s story to inspire others facing similar challenges.
Pink Lady Bug Designs is a business strategy that combines several key elements and features that will lead to our success.
- The Pink Lady Bug Story.
- We only offer high-quality products.
- Half of the after-tax profits will be donated to women’s health causes
- Being first to market with little initial competition.
- Partnering with a celebrity spokesperson
- Establishing partnerships with suppliers and vendors of high-quality products
- Customers who are emotionally driven to purchase a product that supports a cause will be sold a product.
- The United States alone has 20-30 million potential customers. This group includes all 2 million breast- and ovarian cancer patients who have died in the past ten years.
- We are grateful for the support of prospective customers.
- Endorsements made by large organizations like the American Cancer Society, Breast, Cervical Cancer Prevention Program (BCCP), or others.
- Forging two-way relationships with the American Cancer Society, BCCP and other websites.
Pink Lady Bug’s strength lies in the experience and talents of each of its principals, fueled with a firm conviction to support the prevention of and cure of life-threatening woman’s diseases. We recognize our weaknesses in national marketing and distribution. It is because of this realization that we have formed synergistic relationships with companies or individuals that can provide advice and guidance in order to launch products nationally.
Members who bring the skills necessary to realize our goals, balance our team. Jim Herter has served as the Bigname University Food Services Business and Facilities manager for thirteen years. His main responsibilities are to plan and facilitate a budget of $31,000,000, supervise the business and accounting staff, and conduct management training in the areas financial analysis, planning, and implementation. Jim will also serve as the Vice President and Controller. He is known for his financial planning skills.
Brian Egendoerfer is currently employed by the Bigname University as the Manager of Web Development Services. Mr. Egendoerfer previously served as the Director of Alumni Information Technology (University’s Alumni Association) for six consecutive years. Brian’s skills will be essential to the maintenance and growth of our Web pages.
A Advisory board of key support members has been created to enhance our organization. This group will offer guidance and insight. Dr. Craig Sponseller (M.D.) is a Saint Louis University School of Medicine Clinical Research Physician in Hepatology and Transplant Hepatology. He is intricately involved with the Cancer Center in management of liver cancer and other types of tumors. Dr. Sponseller went along with Naomi Judd to her lecture series, ‘#8220’, to help educate people about hepatitis.
His deep understanding of the medical field and involvement in charity and philanthropic events are unmatched.
George Friend, M.D. and F.A.C.S, graduated from Washington University School of Medicine, St. Louis, Missouri. He has been a South Bend resident since 1971. He was the Director of Surgical Education at Memorial Hospital in South Bend and St. Joseph’s Medical Center from 1972 to 1990. He is currently Medical Director of Breast Care Services at Memorial Hospital in South Bend, Indiana. Dr. Friend’s extensive experience with both the breast care and pharmaceutical industries will prove to be a significant asset.
Karen Castles-Gray of Atlanta, Georgia, is President of Castles Sport, an upscale alumni apparel manufacturer with offices in New York, Massachusetts, and Atlanta. Castles Sport is licensed to over 40 top universities in the United States. The company has generated over $3 million in revenues last year. Karen’s experiences and advice with merchandising on a national level will be very instrumental to our national sales strategy.
Phase one of our marketing plan will concentrate on selling high-quality chocolates. Based on our research and past sales, we know our products are in high demand by fund-raising groups to be used as favors at various functions. We chose a high-quality product with broad appeal. This popularity can be seen in the rising demand for premium chocolates. Our products are so popular that anyone who is interested in supporting us or just wants to enjoy fine chocolates can enjoy them
Our expertise is in merchandising and not production. We have an agreement with Bissinger’s French Confectioners of St. Louis to produce our chocolates. In 17th-century Paris France, the Bissinger family started creating fine French delicacies. Bissinger’s thereby will manage all product orders, fulfillment and capital outlay. We can also eliminate the need to do any logistics management. We will also be able to take advantage of Bissinger’s economies of scale for packaging and printing, as well as their established Web page product ordering system.
To date, all development and operating capital has been funded by loans made to the company from its principals. We will need loans and investments to finance Phase 1. Funding will be used to fund legal and accounting costs, stationery and office supplies as well marketing and promotion consultants. Research and development and page development are also possible. We will also purchase a personal computer with cable modem capabilities. The rest of the money will be used to purchase a personal computer with cable modem capabilities.
Three $20,000 memberships are available with principal and interest payments in the years three, four and five. With a large cash balance projected for Fiscal Year 3, we are certain that we will repay our equity shareholders by Year 5.
1.1 Objectives
- To accumulate a significant cash balance by year three.
- We will contribute $100,000 to third-year not-for-profit organizations supporting women’s health initiatives.
- To double sales by year three
- All equity or loans to be paid off by Year Three.
1.2 Mission
Pink Lady Bug Designs’ goal is to become the most prominent provider of high quality products on the market, in order to raise funds to support women’s health programs. We will achieve our mission by:
- Strategic alliances formed with companies and organisations that share our vision.
- Conducting business ethically, fairly and honestly
- Our employees are treated with dignity and respect.
1.3 Keys to Success
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Telling The Pink Lady Bug Story.
- Securing enough start-up capital to pay for marketing plans, administrative costs, web page development and operating expenses for six to twelve monthly.
- Establishing a competitive advantage through being the first to introduce our products to the market and following up by a strong marketing strategy in each country.
- Securing celebrity endorsement/major national sponsorship of the product
- Controlling finances and cash flows by keeping capital and operating costs low.