Things I want to find out about are:
1. How to build a business plan
2. Where to get funding and how to go about the process?
3. How to make sure it is legal and registered?
4. Where to look for assistance if needed? (any specialists in the field, to help with tricks of the trade)
I decided that i need money. Heres my business plan
1)find a cheep wholesaler of plain t-shirts, buy 100 of em (blue/white/black)
2)think of some sort of funny design to put on em targeting the urban youth.
3)take them to my local t-shirt making place and get em to put the designs on.
4)Create a website to sell em (with dream weaver)
5)Advertise it myself, by posting links, PPC, google adwords, commenting on forums, showcasing my product to retailers around the nation, maybe get a magazine ad or column. etc.
I figure a shirt will cost 5$ to make and process and i can sell it at 15$. making 10$ profit per sale times 100 sales = 1000$.
Have any of ya done this kind of thing before? I have a clear vision of what I want and how to get there. Any comments? or suggestions?
I know some very good graphic artists, I have a friend who makes 50k a year on online marketing. My friends parents own a t-shirt design company. So i have the connections.
My designs will be good, I am sure they will sell. They are funny with an urban twist. My line will be fresh.
The cost? my answer- I have a top of the line web design program already. My line will be operated by myself out of my room. So i do not need an accountant. (even though i am in upper level college level accounting classes, and are a finance major) I don’t need to hire anybody.
FROM WHOLESALERS-I will order the t-shrits in bulk (100 at a time)so the shipping will be negligible.
TO BUYERS-buyers will pay shipping for their items.
I’m in the process of initiating an Internet startup in the domain of travel, and I wonder what numbers I can use in my business plan for sponsored links.
Thanks for any help.