By.

Addysen Booze
Partnership
I chose this kind of ownership since the business is brand new and we are starting
from the ground up it would help financial with all the different costs such as
equipment, advertising, and bills. I chose this business because i am very passionate
about gymnastics and it has been apart of my life forever and i know the struggle of
trying to find a leo or shorts that fix right and aren't uncomfortable. I will probably
only bring one parent and maybe two if needed but i would make sure they are as
much as invested as me in to our product. Advantages include splitting the cost of
the equipment and bills and you have people to console about your business ideas so
you can have more than one opinion. Disadvantages would be you have to split all
your profit but slowly you will get all the money back that you put into the business
and its not as bad. partnership agreement example
Location
3214 Bart Conner Dr. ,Norman, Oklahoma, 73072

I chose this location because it is by a gymnastics facility so it will be more profitable

Product description
I will be selling different apparel for gymnastics such as practice and competition
leos, athletic shorts, grips, wrist guards, headbands, scrunchies, and different
graphic t-shirts. My product will stand out because they are more durable so they
hold up longer and more comfortable to wear and i will come up with different
creative designs for all my clothing products.
Items Selling needs Building needs Misc. Needs

needed to
1. Computers 1. Clothing racks

run the
1. Create a 2. AC 2. Selves
website

business
3. Water 3. chairs/ stools
2. Commercials
4. Electricity 4. Mannequin to
3. Social media show products
5. Alarm system
4. Flyers
6. Lighting

7. Money to
Start the
business

8. Location

9. Inventory
Flyer
Floor plan
Employees

My business partner and I are looking to hire Help Wanted

one store manager to look over the store during
business hours and two or three other 3214 Bart Conner drive,
employees working the floor and helping
customers and one employees working at the Norman OK,73072
desk check people out and answering phones
Call (405)721-8161
etc. Qualities we are looking for in our workers
are hard working, determined, helpful, kind, For more details
dependable, and people who have an interest in
what we are our product
Social Responsibility
My business will be participating in the community
surrounding it by hold different kinds of fundraiser for a
specific cause to to help raise money that we can put into
our community to make it better. We could also partner
will with the gymnastics facility and come up with different
events such as a open gym day where kids whose parents
can't afford gymnastics classes can come and be coached
for a day and receive a free graphic t shirt or leo of their
choice. We could also set up deals with the gyms to help
sales.
Start up cost

Equipment- 10,000-125,000

Important Fees- 300

Office Space-100-800 per month

website - 25 per month

Utilities - about 2 dollars per square foot

Payroll- 25-50 percent of total budget

Target audience
My target audience will be gymnasts or dancers of all ages. What will make the
product stand out from the rest is the cute, comfortable, and affordable designs. My
consumer will be gymnastics companies who are looking to place large orders for
certain products but don’t want to be overcharged. Other consumers will be
parents parent buying quality products for their athletes.
 Advertising plan
Advertising for GymRats will include flyer that are posted around town and
gymnastics facilities as well as having a instagram, facebook, and twitter account
posting pictures of different people modeling our leos and you can also send in
videos of you doing skills and post those as well for advertising. We could also come
up with entre and deals on our media accounts to help get the word out about put
business. Last thing we will do for advertising is get a page in different gymnastics
magazines that get sent out to ever USAG gymnasts.