Professional Documents
Culture Documents
Bracelet_Entrepreneur
Bracelet_Entrepreneur
Address:
Osmeña St. Brgy. Lapu-Lapu Sta. Cruz, Marinduque
Phone Numbers:
09386447053
09060222431
Strategies
With these steps, selling bracelets made from handcrafted yarn can be simple:
1. Online Promotion: Use social media and internet channels to reach a larger audience
with our bracelets. Use social media sites such as Facebook, Instagram, and Pinterest to
connect with new customers, post images, and use promotions to increase sales.
2. Local Market Presence: Increase visibility by participating in local markets, craft fairs,
and community events. Setting up a booth allows to connect directly with customers.
3. Collaborations and Partnerships: Build relationships with nearby sellers, producers, or
influencers who matches our products. That are beneficial to both promotions or
partnerships, collaborative activities can help you reach a wider audience and promote
your bracelets to new consumers.
4. Exceptional Customer Service: Provide primary goal on offering excellent customer
service in order to guarantee a satisfying purchasing experience and build a base of
satisfied customers. Create credibility and trust by being trusted by quick responses to
questions, solving issues, and going above and beyond to satisfy customers.
5. Detailed Online Listings: Make attractive product listings on the internet by including
clear product details and excellent photos. To assist clients in making wise purchase
selections, provide full information about materials, size, and maintenance guidelines.
Having eye-catching photos can boost sales and make your bracelets look even better.
Executive Summary
Selling handcrafted yarn bracelets is about celebrating creativity, supporting local
artists, and preserving cultural traditions. These bracelets are unique and made with care
showing the skill and talent of the artists who create them. When people buy these
bracelets they help the artists earn money and keep their craft alive. Plus using eco-
friendly materials shows respect for the environment. By buying these bracelets, people
also connect with the stories and meaning behind each piece, making them more than
these accessories.
Handcrafted yarn bracelets represent a fusion of artisanal ingenuity and
contemporary fashion trends. These bracelets, meticulously crafted from a variety of yarn
materials, epitomize vibrancy, creativity, and individuality, captivating a broad spectrum
of consumers seeking distinctive accessories to complement their personal style
The production process of handcrafted yarn bracelets is a testament to skilled
craftsmanship and attention to detail. Artisans expertly weave and knot yarn strands,
infusing each bracelet with its own unique charm and character. This intricate process not
only yields visually striking pieces but also imbues them with a sense of authenticity and
artistry that resonates with consumers seeking more meaningful connections with their
accessories.
In an era where sustainability and eco-consciousness are paramount, handcrafted
yarn bracelets offer a compelling alternative to mass-produced accessories. By utilizing
natural and eco-friendly yarn materials, these bracelets align with the values of socially
and environmentally responsible consumers. Moreover, their handmade nature
contributes to reducing the carbon footprint associated with conventional manufacturing
processes, making them a preferred choice for those committed to supporting sustainable
practices.
The market potential for handcrafted yarn bracelets is substantial, fueled by a
convergence of factors including increasing consumer demand for unique, handmade
products, growing awareness of environmental sustainability, and a burgeoning interest in
artisanal craftsmanship. With their versatile designs and broad appeal, yarn bracelets cater
to a
diverse demographic spanning various age groups and style preferences, positioning them
as a versatile accessory choice for both casual and formal occasions.
Key selling points of handcrafted yarn bracelets include their affordability,
customizability, and potential for social impact. Unlike mass-produced accessories, yarn
bracelets offer consumers the opportunity to express their individuality through
customizable designs and color combinations, further enhancing their appeal.
Additionally, by supporting local artisans and sustainable practices, consumers can
contribute to positive social and economic outcomes within their communities, adding a
layer of ethical significance to their purchase decisions.
As the fashion industry continues to evolve towards more sustainable and ethical
practices, handcrafted yarn bracelets emerge as a symbol of conscientious consumption
and artistic expression. With their inherent charm, versatility, and eco-friendly appeal,
these bracelets are poised to capture a significant share of the accessories market while
resonating with consumers seeking authenticity, creativity, and sustainability in their
fashion choices.
In conclusion, handcrafted yarn bracelets embody the convergence of artistry,
sustainability, and personal expression, offering a compelling alternative to conventional
accessories and reflecting the evolving values and preferences of today's consumers
Table of Contents
Cover sheet
Business Goals
Strategies
Executive Summary
Product/ Service
Market
Competition
Management
Summary
Balance Sheet
Income Projections
Description of Business
A business that make hand crafts yarn bracelet creates special bracelet using different
types of yarn and charms. These bracelets are unique and can be customized with various
colors and patterns. People who like one of a kind jewelry would enjoy these bracelets.
The business might sell bracelet that are already made or let customers designs their own
they might also offer kits and instruction for people who want to make their own designs
the focus is on making beautiful personalized bracelet that are handmade and special.
Product/Service
Handcrafted yarn bracelets provide a variety of creative options that satisfies
costumers needs
● Custom Design
● Couple Bracelet Designs
● Multiple Colors Option
Market
Our business collaborate with complimentary runs influence to expand our
products. audience and also we will advertise our product to a social media platforms, to
sweep customers, perception, attitudes, and purchase intentions, and it can also increase
customer reach, and the build customer awareness for our business.
Location of Business
Our business is situated strategically within Malindig Institute Campus, Located at near
Elementary building and Canteen, Ensuring a easy accessibility for its target market.
Competition
Handcrafted yarn bracelet competes with other campus accessories and souvenir vendors,
or other bracelet. However, it's unique concept and quality offerings difference from the
competition.
Management
The Handcrafted yarn bracelet management prioritizes creativity, quality control, and
customer satisfaction. We collaborate with our artisans to create beautiful yarn bracelets,
ensuring consistency and excellence. Quality control measures are implemented at every
stage of production. We value customer feedback and engagement, continuously
improving our products and services. Our goal is to build long-term relationships with
customers based on trust, reliability, and a shared love for handcrafted jewelry.
Summary
Our business focuses on handcrafted yarn bracelets, offering a wide variety of
designs and styles to cater to different tastes and preferences. Each bracelet is carefully
crafted by skilled artisans who put their creativity and passion into every piece. We use
high-quality yarn materials sourced responsibly to ensure durability and aesthetic appeal.
Our collection includes vibrant colors, intricate patterns, and unique textures, making our
bracelets perfect accessories for any occasion. We strive to create bracelets that not only
enhance one's style but also carry a sense of individuality and craftsmanship
EQUIPMENT
BALANCE SHEET
INCOME PROJECTION
Five Year Summary
Five Year Summary
100
90
90 85
80 75
68 70
70
60
50
40
30
20
10
0 0 0 0 0
0
2024 2025 2026 2027 2028
Profit Loss
The overview of the company's first year is displayed in the table above. It
demonstrates how, four months after the company opened for business, March produced
the highest sales. However, January was the lowest month because there were only Php
7,000 in sales in the first month of the establishment.
Sales for the company began to gradually rise in its second year, peaking in the
first quarter when they were at their lowest. It's clear that this specific quarter noticed a
decrease in sales.
Third Year (2026)
Quarter Sales Supplies Expense Equipment Expense
1st ₱18,000 ₱6,100 ₱660
2nd 19,500 5,050 660
3rd 21,000 6,050 660
4th 23,300 6,000 660
Total ₱80,800 ₱23,200 ₱2,640
During its third year, the company faced some difficulties. The slight decrease in
sales from the previous year was indicating about that. This year showed an increase in
the market costs for the supplies needed for the operation. The company lost some money
by keeping the product at its initial quality and pricing.
Fourth Year (2027)
Quarter Sales Supplies Expense Equipment Expense
1st ₱20,000 ₱6,040 ₱660
2nd 20,200 6,040 660
3rd 21,200 6,000 660
4th 22,200 6,300 660
Total ₱83,600 ₱24,380 ₱2,640
After suffering a loss the year before, the company continued on with business as
normal. Despite the ongoing increase in market pricing, this choice allowed the business
to recover as shown by an increase in sales.
The total sales in the company's fifth year were higher than the previous year, the
year's results were still positive because the company was still profitable. Lower business
earnings are a result of the operation's supply prices that are still increasing.
Five Year Summary
Year Sales Supplies Expense Equipment Expense Profit
2024 ₱80,400 ₱24,000 ₱2,640 ₱53,760
2025 82,000 25,000 2,640 54,360
2026 80,800 23,200 2,640 54,960
2027 83,600 24,380 2,640 56,580
2028 85,000 25,300 2,640 57,060
Total ₱411,800 ₱121,880 ₱13,200 ₱276,800
Ending Php 53,760 Php 54,360 Php 54,960 Php 56,580 Php 57,060 Php 276,800
Balance
PARTNERSHIP AGREEMENT
This Partnership Agreement for a business namely
Treated Treasures: Handcrafted Yarn Bracelet is entered into on January 28, 2024 by and
between:
Cris Tyron Palmiery, residing at brgy. Buyabod, and Kelly Luban, residing at brgy.
Buyabod, they hereinafter referred to as "Original Partners".
Purpose of Partnership
The Partners hereby agree to enter into a partnership for the purpose of operating a
handmade yarn bracelet business, including designing, crafting, marketing, and selling
handmade yarn bracelets.
Capital Contributions:
Each Partner shall contribute 50% of the initial capital required for starting and operating
the business. Contributions may include financial investments, equipment, supplies, or
other resources necessary for business operations.
Ownership and Profit Sharing:
The Partners agree to share ownership and profits of the business equally, with each
Partner entitled to a 50% share of the profits and losses.
Responsibilities and Duties:
The Partners shall divide responsibilities and duties for operating the business equitably,
taking into account each Partner's skills, experience, and availability. Responsibilities
may include but are not limited to:
- Designing and crafting handmade yarn bracelets
- Sourcing materials and supplies
- Marketing and sales
- Accounting and financial management
- Customer service and communication Termination of Partnership:
The partnership may be terminated by mutual agreement of the Partners or by written
notice from one Partner to the other. Upon termination, the Partners shall equitably
distribute assets, liabilities, and profits of the business.
Entire Agreement:
This Agreement constitutes the entire understanding and agreement between the Partners
concerning the subject matter hereof and supersedes all prior agreements, negotiations,
and understandings, whether oral or written.
IN WITNESS WHEREOF, the Partners have executed this Agreement as of the date first
above written.
___________________________ ___________________________
CRIS TYRON PALMIERY KELLY LUBAN