P5 Business proposal/BUSINESS Already running

MY BUSINESS:

Ballinci UK

http://ballinci.bigcartel.com

My business is run by me and my business partner who of which shares the same interests as me, and also has a creative mind and has a qualification in web design and more. 

What we do? BUSINESS SUMMARY

We buy and sell sneakers and clothes, Limited releases sell out instantly, and if you're in the loop and know how to get these sneakers you can make massive come up. Once we get the limited stock, we resell at a price in which our time getting the sneakers are justified. We pay other employees to come and help us get the sneakers so we have access to more pairs, which increases profits massively. 

BUSINESS AIMS

We also plan on doing clothing lines, although I will also take my own line forward as well as the Ballinci 2016 line, we will produce contemporary cut & sewn pieces which will be sold for a premium and to limited supply, our aim with this line is to produce our own, limited stock, which when sold out will rise in price, giving us as the brand as reputation and also a hype which means anything we drop sells out instantly meaning the come up is real. 

 We already have the Budget we need to off our business and it is up and running now. website located at the top of the page, although we are looking into a new site at the moment which my business partner will be creating and will provide the perfect platform to share content and move our stock.

 FINANCIAL SITUATION

This Weekends come up:

This weekend Nike are dropping some very exclusive pairs, these pairs will cost £120 alone and resell for £450, Me and my business partner will pay one personnel to come to london and camp outside niketown london for two night, we will be buying 3 pairs of the £120 Jordans, meaning the cash back from those alone is around £1200, from spending £360 on retail £40 on travel and £80 in paying the extra employee. £460 into £1200 is more than a double up, we will also be buying other drops which release during the same time, such as the nike flyknit multi racer which will retail for 130 and will sell for 100 on top so buying 3 pairs of those will mean another 390 on retails, and 230 x 3 back which is 690. £1200+£690= £1790 

Spending 850 and getting 1790 back is nearly a full grand in profit.