Business Plan

[Type the company name]

1. Industry Overview

The fashion industry is indeed a highly thriving industry all over the globe for obvious
reasons and T – shirt design and sales is a subset of the industry. There are various
clothing label; some are national brand and some others are international brands.

The fashion industry, especially cloth / T – shirt making business was not as easy as it is
now; before now, clothing was handmade based on demand by individual. In the 20th
century after the invention of sewing machines (industrial sewing machines) it became
pretty much easier to produce T – shirts en mass.

Technology indeed is responsible for opening up the clothing industry. T – Shirts can now
go through factory system of production and still maintain good quality and standard sizes.
With that, it is easier for retailers to order and sell T – shirts at fix prices in department
stores and boutique et al without stress.

The fashion industry is a creation of the modern age and fashion style changes with rapid
astonishment and in most cases people go back to the past to re – introduce old fashion.
The fashion industry is indeed a rapidly changing industry; fashion trend will always come
and go at different season.

The bottom line is that successful clothing labels (T – shirt designers) have a thorough
grasp of the market and they know how to meet their needs or cajole them to accept what
they have to offer; they are always creative, flexible and ready to either detect the trend or
move with the trend.

No doubt, a retailer or wholesale distributor of T – shirts can order for various sizes of
clothes from anywhere in the world and sell in his or her country without even visiting the
production factory. As a matter of fact, any clothing line based business is one business that
has the capacity to survive regardless of what is happening in the economy of the world.

Economic downturn or even a galloping inflation does not in any way affect the sale of
clothes; people can’t do without wearing clothes. For instance, you can’t find even the
homeless people in America not wearing clothes.

From time immemorial, the fashion industry is known to be one of the largest employers of
labor (both directly and indirectly) in the united states of America. Some of the leading
labels in the fashion industry are from the United States of America. Although, some
clothing labels outsource the production of their clothes to other parts of the world;
predominantly Asian countries, just in a bid to cut cost.

Some cities of the world are considered to be fashion hubs; they dictate what happens in
the fashion industry. The cities are Paris, Milan, New York City, Tokyo and London. These
cities are known to host fashion exhibitions; designers who want to play at the global stage
ensures that they exhibit their clothing collections to fashion enthusiast during fashion week
in any of the cities mentioned above.
As a T – shirt designer, once your brand / label is accepted in any of the fashion capitals of
the world, it won’t be too long before you become a globally recognized clothing label –
brand.

2. Executive Summary

Richards Peal™ is an international clothing line with a bias for designers T – shirts that will
be located in Beverly Hills, California. We have been able to secure a large warehouse in a
strategic part of town that will be converted to our T – shirt production factory. We were able
to out rightly buy over the facility with the help of our bank and support from family and
friends.

Richards Peal™ will be involved in the production of T – shirts and other casual cum sport
clothes, and the likes, that will meet the needs of male, female, young adult and children.
Our business goal is to become one of the leading T – shirt designers in the United States
and we will make sure that every T – shirt or clothes that leaves our factory can favorable
compete with the best brands in the industry.

Our workers are going to be selected from a pool of talented T – shirt designers in and
around Beverly Hills, California and also from any part of the world as the business grows.
We will make sure that we take all the members of our workforce especially T – shirt
designers through the required trainings that will position them to meet the expectation of
the company and to compete with leading T – shirt designers in the United States and
throughout the globe.

We have put plans in place to build a state of the art clothing line production factory in
Beverly Hills, California, which is exactly why we have entered agreement with some
manufacturers of sewing machines to produce customized sewing machines for us that will
give us the quality of clothes that we want to be known for. Our factory will be well equipped
and we will ensure that we follow the trend in the industry.

Richards Peal™ will manufacture high quality T – shirts for both the high end customers
and also for low income earners; we want to become one of the people’s choice where ever
our T – shirts are put up for sale. Apart from mass production of T – shirts, we will also be
engaged in customized production of T – shirts for customers based on their demands.

We are quite aware that there are some clients such as sporting clubs, political parties,
schools, churches and organizations that would need quality customized T – shirts for
specific purposes and we are well prepared to deliver as requested.

• Ownership Structure/Founder’s Biography

Richards Peal™ is owned by Richard Crespo – Pablo and family. Richards Crespo – Pablo
is an Italian – American fashion enthusiast with over two decades of experience in the
fashion industry. He will occupy the position of the chief executive officer (CEO) / President
of the organization.
Richard Crespo – Pablo has Degree in Fashion Designing from Milan School of Fashion
and also an MBA from Harvard. He is a well – respected figure in the fashion industry, prior
to starting Richards Peal™ he was the creative director in one of the world’s leading fashion
label that is based in Milan, Italy.

He will run the company with two of his children and also some protégées (core T- shirts
designers and market and sales experts) of his that he has trained over his working years
as a fashion icon in both Italy and the United States of America.

3. Our Products and Services

Richards Peal™ was established with the aim of producing high quality and highly
fashionable T – shirts for men, women, young adults and children. We know that quality is a
key factor that will help us sell our brand which is why we have but in place a competent
quality assurance team that will ensure that all our T – shirts meet and even surpass our
customers’ expectations.

We will work hard to ensure that Richards Peal™ is not just accepted nationally in the
united states of America, but also in other parts of the world.

4. Our Mission and Vision Statement

• Our vision is to establish a T – shirt design and sales company whose brand will not
only be accepted in the United States of America, but also in other parts of the world.

• Our mission is to establish a T – shirt design and sales company that will design and
produce high quality T – shirts and casual clothes for male, female, young adults and
children; a T – shirt label that will compete favorably with international T – shirt labels like
Ralph Lauren, Polo by Ralph, Tommy Hilfiger, Hugo Boss, Gap, Lacoste, Nike, Levi Straus,
Adidas, Diesel, Nautical, Puma, Prada and Rebel (Children’s T – shirts) et al at the global
stage.

Our Business Structure

Richards Peal™ T – shirt design and Sales Company, is a company that intends opening
small, but hope to grow big in order to compete favorably with leading T – shirt design and
sales labels in the fashion industry both in the United States and on a global stage.

We are aware of the significance of building a solid business structure that can support the
picture of the kind of business we want to own. This is why we are committed to only hire
the best hands that we can attract.

Despite the fact that Richards Peal™ T – shirt designs and sales company will start
operation from a single factory in Beverly, California, we have a holistic view of the kind of
business we want to build; we want to grow to the level where we will build factories in
Thailand and China.
Our T – shirt brand is going to be specifically designed to penetrate not just the United
States market, but also the world’s fashion industry.

We want people of all walks of life across the globe to someday put on our T – shirts; we
want to see our T – shirts being worn in Paris, in London, in Tokyo, in Lagos, in Madrid, in
Johannesburg, in Buenos Aries, in Sao Paulo, in Port Elizabeth, in Dubai and all over the
nooks and crannies of the world.

At Richards Peal™ T – shirts design and sales company, we will guarantee that we hire
people that are qualified, hardworking, customer centric and are ready to work to help us
build a prosperous business that will benefit all the stake holders (the owners, workforce,
and customers).

As a matter of fact, profit-sharing arrangement will be made available to all our senior
management staff and it will be based on their performance for a period of five years or
more as agreed by the board of trustees of the company. In view of the above, we have
decided to hire qualified and competent hands to occupy the following positions;

Chief Executive Officer (Owner), General Manager, Human Resources and Admin
Manager, Sales and Marketing Executive, Accountant, Fashion Designers (With Bias in T –
shirts design and casual clothes), Quality Control Officer, Tailors, and Factory Workers

5. Job Roles and Responsibilities

Chief Executive Officer – CEO:

• Increases management’s effectiveness by recruiting, selecting, orienting, training,

coaching, counseling, and disciplining managers; communicating values, strategies, and
objectives; assigning accountabilities; planning, monitoring, and appraising job results;
developing incentives; developing a climate for offering information and opinions; providing
educational opportunities.

• Responsible for providing direction for the business

• Creates, communicates, and implements the organization’s vision, mission, and

overall direction – i.e. leading the development and implementation of the overall
organization’s strategy.

• Responsible for signing checks and documents on behalf of the company

• Evaluates the success of the organization

General Manager:

• Develops strategic plan by studying technological and financial opportunities;

presenting assumptions; recommending objectives.
• Accomplishes subsidiary objectives by establishing plans, budgets, and results
measurements; allocating resources; reviewing progress; making mid-course corrections.

• Coordinates efforts by establishing procurement, production, marketing, field, and

technical services policies and practices; coordinating actions with corporate staff.

• Builds company image by collaborating with customers, government, community

organizations, and employees; enforcing ethical business practices.

• Responsible for fixing prices and signing business deals

• Responsible for recruitment

• Responsible for payment of salaries

• Maintains quality service by establishing and enforcing organization standards.

• Maintains professional and technical knowledge by attending educational

workshops; reviewing professional publications; establishing personal networks;
benchmarking state-of-the-art practices; participating in professional societies.

• Contributes to team effort by accomplishing related results as needed.

• Responsible for managing the daily activities in the factory

• Responsible for supervising all the employees

• Responsible for planning sales, monitoring inventory, selecting the merchandise, and
writing and pricing orders to vendors

• Ensures that the organization operates within stipulated budget.

Human Resources and Admin Manager

• Responsible for overseeing the smooth running of HR and administrative tasks for
the organization

• Defining job positions for recruitment and managing interviewing process

• Carrying out staff induction for new team members

• Responsible for training, evaluation and assessment of employees

• Responsible for arranging travel, meetings and appointments

• Oversee the smooth running of the daily office and factory activities.
Sales and Marketing Manager

• Manage external research and coordinates all the internal sources of information to
retain the organizations’ best customers and attract new ones

• Models demographic information and analyzes the volumes of transactional data

generated by customer purchases

• Creates new markets cum businesses for the organization

• Empowers and motivates the sales team to meet and surpass agreed targets

Accountant / Cashier:

• Receives payments on behalf of the organization

• Issues receipt to customers

• Prepares financial report at the end of every working week

• Handles all financial transaction on behalf of the company

• Interfaces with the organization’s banks

• Responsible for payment of tax, levies and utility bills

• Any other duty as assigned by the CEO / store manager

Fashion Designers (with bias in T – shirt designs)

• Responsible for designing T – shirts and casual clothes) to meet the latest trend

• Stays abreast with the dynamics of the fashion industry with key interest in T – shirts
and casual clothes

• Research and advice the organization on style, size and other trendy fashion
statements.

Quality Control Officer

• Ensures that all the T – shirts and casual clothes in our production line meets the
required quality before they are released in the market

• Make certain that production and manufacturing lines perform efficiently, coordinate
employee efforts, and facilitate communications between management and production
departments.
• Devises ways of improving the manufacturing process to ensure higher-quality and
durable T – shirts

• Ensures that manufacturing production lines run smoothly and generate a

consistently suitable output for their employers

• Ensures that the organization work in line with international best practices

• Handles any other responsibility as assigned by the general manager

Tailors (Industrial Sewing Machine Operators)

• Responsible for sewing T – shirts and casual clothes as instructed by the

supervisor / fashion designer

• Responsible for cutting clothing materials to fit the expected design and size

• Handles any other duty as assigned by the general manager

Factory Workers:

• Responsible for ironing and packaging of T – shirts and casual clothes

• Responsible for movement of equipment and raw materials as required

• Ensures that toiletries and supplies don’t run out of stock

• Cleans both the interior and exterior of the factory, machines and other equipment

• Handles any other duty as assigned by the general / floor manager.

6. SWOT Analysis

Richards Peal™ intends to build a world class T – shirts design and sales business that will
manufacture T – shirts and casual clothes for men, women, young adult and children. We
will be based in Beverly, California, but we will not restrict the sale of our T – shirts and
casual clothes to the U.S market alone, we will sell our product in other parts of the world.

In other to achieve this in a highly competitive industry like the fashion industry, we must
ensure that we critically look through our strength, our weaknesses, the opportunities
available in the industry and the threats that we will are likely going to face.

Because of the nature of the business we are involved in and the brand we want to build,
we were able to hire the services of an HR and Business consultant with bias in fashion and
retailing to help us conduct a thorough SWOT analysis and to help us create a Business
model that will help us achieve our business goals and objectives.
This is the summary of the SWOT analysis that was conducted for Richards Peal™ T – shirt
Design and Sales Company;

• Strength:

Perhaps one of our strongest strength could be attributed to the quality of employees and
the latest machines and equipment that we have in our T – shirt production factory. Our
chief executive officer, Mr. Richards Crespo – Pablo will be bringing his vast wealth of
experience to the table and that is indeed a huge positive for Richards Peal™ T – Shirts
Design and Sales Company

• Weakness:

A major weakness that may count against us is the fact that we are a new T – shirt design
and sales company and we don’t have the financial capacity to compete with multi – billion
dollars fashion label like Ralph Lauren, Polo by Ralph, Tommy Hilfiger, Hugo Boss, Gap,
Lacoste, Nike, Levi Straus, Adidas, Diesel, Nautical, Puma, Prada and Rebel (Children’s T
– shirts) et al when it comes to controlling the market or detecting the trend.

• Opportunities:

One thing is certain, whether good or bad- people will always look for clothes to wear and
on the average they go for T – shirts simply because it is cheap. Besides, the opportunity
for clothing line to sell their clothes is massive and we hope to leverage on these
opportunities to sell our T – shirts.

• Threat:

Just like any other business, one of the major threats that we are likely going to face is
economic downturn. It is a fact that economic downturn affects purchasing power. Another
threat that may likely confront us is the arrival of a new T – shirts design and sales company
in same location where our target market exist who may want to adopt same business
model like us.

7. MARKET ANALYSIS

• Market Trends

In recent time, the fashion industry relies more on mass market sales for them to make the
kind of income that will sustain the business. The mass market takes care of a wide range
of customers that cuts across both the rich and the poor. Most of the new clothing lines that
are trying to catch – up with the market often produce ready-to-wear clothes using trends
set by leading fashion labels.

What they do is that, they try to see the direction of the trend as established by renowned
fashion brand before producing their own versions of the original look by making use of
cheaper fabrics and simpler production processes which can easily be done by machines.
They can comfortably sell such product at a cheaper price to the masses who can’t afford to
by the original which is often way too expensive for the common man.

T – Shirt designers and fashion designers now leverage on the runway – fashion expo to
promote and attract market for their products. Any fashion designer who is recognized in
Paris, Milan, New York City, or London can comfortably become a global recognized
fashion label.

Small start – up T – shirt designs and sales companies leverage on small markets such as
companies, churches, schools, organized groups and sport fans to sell their T – shirts. This
group of people can order large numbers of customized T – shirts for special purposes. For
example, a political party enters into a business deal with a T – shirt design and sales
company to help them produce shirts to be used by their supporters during political rallies
and campaigns.

8. Our Target Market

No doubt the clothing line industry has the widest range of customers; everybody on planet
earth wears clothes howbeit different designs, quality and style. In view of that, we have
created strategies that will enable us reach out to people that cut across different classes in
the society; we will produce T – shirts and casual clothes for male, female, young adults
and children.

We have conducted our market research and survey and we will ensure that our T – shirt
label is well accepted in the market place. These are the different group of people that we
will be producing T – shirts and casual clothes for;

• Male

• Female

• Young Adult

• Children

• Corporate Executives

• Unions

• Sports Men and Women (sport clubs)

• Students

• Churches (Customized church robes)

• Political Parties

Our competitive advantage

Our competitive advantage as a T – shirt design and sales company is the fact that we are
going to produce T – shirts and casual clothes for a wide range of people; we will produce
for both the rich and the poor.

Another competitive advantage for Richards Peal™ T – shirts Design and Sales Company
is the quality and robust wealth of experience of our management team. The management
team comprises of professionals who have worked with some of the leading international
brand in the fashion industry.

Our latest machines and equipment also count towards our advantage especially when it
comes to competing with other T – shirt designs and sales companies within the same
category that we operate. The quality of every T – shirts and casual clothes that comes out
of our production line must be certified okay before they are released to the market.

9. SALES AND MARKETING STRATEGY

Owing to the fact that we are a new T – shirts design and sales company that want to take
on the international market, we have decided to model some of the leading international
clothing manufacturing brand. We will ensure that we interact with our target market
(customers) and sample their opinions to know what they want before mass – producing T –
shirts and casual clothes.

It is easier to penetrate the market when what you produce is exactly what the people
wanted. The fashion industry is indeed a very competitive industry, every T – shirt designer
and clothing line must ensure that they are always on their toe and in touch with the trend if
indeed they want to continue to be in business.

We are aware of this fact which is why we hired business consultant with bias in marketing
and sales to help us craft a winning marketing and sales strategy. In summary, Richards
Pearls™ T – Shirts Design and Sales Company will adopt the following sales and marketing
approach to promote and sell our T – shirts and casual clothes;

1. Introduce our T – shirt label by sending introductory letters to churches, schools,

corporate organizations, political parties, groups, and other establishment that wears T –
shirts and casual clothes.

2. Attend fashion expos in the U.S and in other parts of the world

3. Organize our own fashion show; in order for us to display our designs / clothes

4. Advertise our clothing label in newspapers, TV and radio stations

5. Canvass celebrities to wear and help us promote our clothing label

6. List our business on yellow pages ads / local directories

7. Leverage on the internet to promote our business

8. Engage in direct marketing

Leverage on word of mouth marketing (referrals)

10. Sales Forecast

It is important to state that our sales forecast is based on the data gathered during our
feasibility studies, market survey and also some of the assumptions readily available on the
field.

It is important to state that people buy T – shirts and casual clothes for different purposes
and clothes sell all through the calendar year albeit different designs for different seasons /
weather. If it is winter, the demand for winter clothes will increase and if it is summer, the
demand for summer clothes will increase.

Below are the sales projections that we were able to come up with for the first three years of
operations;

• First Year-: $ 500,000

• Second Year-: $1,000,000

• Third Year-: $2,000,000

N.B: This projection is done based on what is obtainable in the clothing line (fashion)
industry and with the assumption that there won’t be any major economic downturn and
there won’t be any T – shirts design and sales company that will adopt our unique business
model. Please note that the above projection might be lower and at the same time it might
be higher.

11. Publicity and Advertising Strategy

Publicity and advertising as it relates to the fashion industry involves being in touch with the
organizations target market and being very creative and proactive. Beyond every
reasonable doubt the media plays a very big role when it comes to helping a clothing label
gain international significance.

The social media also plays an important role in modern day fashion publicity and
advertisement; it gives fashion label the ability to reach out to a wide range of customers all
over the world within a short period of time and of course at a very cheaper price when
compared to other publicity and advertising platforms.

Any T – shirt Design and Sales Company that wants to take on the market must be
deliberate when it comes to building brand awareness and credibility. Most often than not,
big – time clothing labels ensures that they create great hype whenever they are about to
release any unique design from their stable.
Social media, such as blogs, micro blogs, podcasts, photo and video sharing sites are some
of the tools fashion designers leverage on to promote their labels. Some of the preferred
social media platforms that are used in the fashion industry are Instagram, Tumblr,
WordPress, Facebook, twitter, YouTube and other sharing sites.

Here are the platforms we intend leveraging on to promote and advertise Richards Pearls™
T – Shirt Design and Sales Company;

• Place adverts on both print (newspapers and fashion magazines) and electronic
(radio and TV) media platforms

• Sponsor relevant community programs like school fashion shows et al

• Leverage on the internet and social media platforms like; Instagram, Tumblr,
WordPress, Facebook, twitter, YouTube and other sharing sites.et al to promote our brand

• Attend local and intentional fashion expos

• Organize our own fashion show

• Promote our clothing label on our own official websites and online fashion
community

• Build relationship with celebrities especially in the entertainment industry and sports
to endorse of clothing label.

12. Our Pricing Strategy

Richards Pearls™ T – Shirts Design and Sales Company will make sure that we design and
manufactured T – shirts and casual clothes that will meet the financial capacity of different
classes of people in different parts of the world. The prices for all our T – shirts and casual
clothes will be affordable and at the same time competitive with what is obtainable in the
fashion cum clothing line industry.

• Payment Options

Our payment policy is all inclusive because we are quite aware that different people prefer
different payment options as it suits them. Here are the payment options that will be
available in every of our outlets where our T – shirts and casual clothes will be sold;

• Payment by cash

• Payment via Point of Sale (POS) Machine

• Payment via online bank transfer (online payment portal)

• Payment via Mobile money

• Payment by cash

In view of the above, we have chosen banking platforms that will help us achieve our
payment plans without little or no difficulties.

Equipment & Tools

These are the machines, equipment and tools that we would need to start our T – shirts
design and sales business;

• Industrial sewing machines

• Pattern makers for crafting designs.

• Women and men dress forms used for garment building.

• Scissors

• Hole punchers

• Straight and curved rulers

• Pencils

• Measuring tapes

• Notchers for marking seams.

• Pins

• Slopers

• Dotted pattern paper.

• Sewing machine needles

• Hand sewing needles.

• Threads

• Sketching books.

• Drapings tools.

• Dressmaking Stick pins

• Muslin

• Style tapes

• Fabric shears

• Soft lead pencil

• Marking pen

• Pattern plotter.

• Pattern making software.

• Computer

• CAD tools for designs

• Digital drawing tools

• Digitizer board for pattern scanning.

• Heat transfer machines for T-shirts.

• Print tables.

• Racks

• Slat wall

• Mannequins

• Hangers

• Labels and Tags.

• Packaging materials

• Industrial pressing irons

• Supply of fabrics

13. Startup Expenditure (Budget)

These are the key areas where we will spend our start – up capital on;

• The Total Fee for Registering the Business in Beverly, California – $750.
• Legal expenses for obtaining licenses (Health department license and business
license) and permits (Fire department permit, Air and water pollution control permit, and
Sign permit et al) – $4,500.

• Budget for publicity and advertisement of our T – shirt brand – $50,000

• Cost for hiring Business Consultant – $2,000.

• Insurance (general liability, theft, workers’ compensation and property casualty)

coverage at a total premium – $30,800.

• Cost of accounting software, CRM software and Payroll Software – $3,000

• Cost for acquiring facility for our production factory – $500,000.

• Cost for facility remodeling – $50,000.

• Cost for purchasing initial supply of fabrics, racks, hangers and packaging materials
– ($100,000)

• Phone and Utilities (gas, sewer, water and electric) deposits – ($3,500).

• Operational cost for the first 3 months (salaries of employees, payments of bills et al)
– $40,000

• The cost for Start-up inventory – $15,000

• Cost for sewing machines and other sewing equipment and tools – $250,000

• The cost for the purchase of furniture and gadgets (Printers, Telephone, vacuum
cleaner, tables and chairs et al) – $30,000.

• The cost of Launching a Website – $600

• The cost for our grand opening party – $5,500

• Miscellaneous supplies – $10,000

We would need an estimate of $3million to successfully launch our T – shirt design and
sales business in Beverly, California.

Financial Projection

• Sources of Income
Richards Pearl™ T – shirt Design and Sales Company will be involved in the production of
high quality T – shirts and casual clothes that will meet the needs of male, female, young
adult and children and that will be our major sources of income.

In future, we hope to open a standard fashion design school in Beverly, California. A school
that will meet and surpass the needs of aspiring fashion designers in and around California.
We will also go into fashion consulting business as a means of generating additional income
for the business.

Generating Funding / Startup Capital for Richards Pearls™ T – Shirts Designs and Sales
Company

Richards Pearls™ T – shirts designs and sales company is a private business that is solely
owned and financed by Richards Crespo – Pablo and family. They do not intend to welcome
any external business partner which is why he has decided to restrict the sourcing of the
start – up capital to 3 major sources.

These are the areas we intend generating our start – up capital;

• The Chief Executive Officer who happens to be the lead partner will contribute 20
percent of the start – up capital from his personal savings and other sources

• 30% of the capital will be generated from other family members

• 50% of the capital will be sourced from banks as a loan facility

14. Sustainability and Expansion Strategy

The future of a business lies in the numbers of loyal customers that they have the capacity
and competence of the employees, their investment strategy and the business structure. If
any of these factors is missing from a business (company), then it won’t be too long before
the business close shop.

Richards Pearls™ T – shirts designs and sales company will make sure that all the factors
listed above are reinforced on a regular basis and also we will engage in continuous
capacity building of our workforce.

As a matter of fact, profit-sharing arrangement will be made available to all our senior
management staff and it will be based on their performance for a period of five years or
more. This will enable us secure their loyalty and services for a long period of time.

We will make sure that the right foundation, structures and processes are put in place to
ensure that staff welfare is well taken of. Our company’s corporate culture is designed to
drive our business to greater heights and training and re – training of our workforce is at the
top burner of all that we do at Richards Pearls™ T – shirts designs and sales company.

Check List / Milestone

• Business Name Availability Check: Completed

• Business Registration: Completed

• Opening of Corporate Bank Accounts: Completed

• Securing Point of Sales (POS) Machines: Completed

• Opening Mobile Money Accounts: Completed

• Opening Online Payment Platforms: Completed

• Application and Obtaining Tax Payer’s ID: In Progress

• Application for business license and permit licenses (Health department license and
business license, Fire department permit, Air and water pollution control permit, and Sign
permit et al): Completed

• Purchase of Insurance for the Business: Completed

• Acquiring facility and remodeling the facility: In Progress

• Conducting Feasibility Studies: Completed

• Generating capital from business partners / investors: In Progress

• Applications for Loan from the bank: In Progress

• Writing of Business Plan: Completed

• Drafting of Employee’s Handbook: Completed

• Drafting of Contract Documents and other relevant Legal Documents: In Progress

• Design of The Company’s Logo: Completed

• Graphic Designs and Printing of Packaging Marketing / Promotional Materials: In

Progress

• Recruitment of employees: In Progress

• Purchase of sewing machines and sewing equipment / tools: In Progress

• Purchase of furniture and gadgets (Printers, Telephone, vacuum cleaner, tables and
chairs et al): In Progress

• Creating Official Website for the Company: Completed

• Creating Awareness for the business both online and in the neighborhood: In
Progress

• Health and Safety and Fire Safety Arrangement (License): Secured

• Opening party / launching party planning: In Progress