Dear Mr. Buffet,
We would like you to fund a project we are working on. We designers and associates have a master’s degree in fashion and are recognized by the world of fashion. Our StyleXchange Company came up with a concept that will make a change to the world of fashion. We have designed 3 in 1 shoes for your comfort. No need to change shoes more than twice per day, our shoe revolution offers fashionable tall boots, short boots and heals. They are perfectly practical and fit. We are here to satisfy you desires with comfy and stylish shoes. What we propose is tall boots that can be shortened into short boots or even heels (for women). This is feasible by the help of the velcrum base of these shoes. Once our StyleXchange shoes are thriving, we will expand our products throughout the world. With your help, we guarantee success within the world.
Thank-you,
StyleXchange Corporate
Hanane Benkirane & Shemsi Berrada
· b Name of Company:
StyleXchange
· Products of Company:
Tall boots, Short boots, heals. The tall boots can change from short boots
· H Horizontal Nature of the Company
We will start our company in Morocco. Then we will export them throughout the Mediterranean Sea. We will export our products to Madrid, Barcelona, Milan, Paris, Leon, Rome and Lisbon. Since Paris is the capital of fashion and Milan the capital of shoes, we are hoping to have as how in fashion week in LA to futher expand our shoes in New York City and Beverly Hills. Also, we are looking forward to design a clothing line after our shoe success.
· V Vertical Nature of the Company
Our cloth will come from a high quality factory in Thailand because it’s cheap. The velcrum will come from China. We will assemble the shoes in Morocco, sold in morocco, then exported to international franchises.
· E Energy
We manufacture and put together all our products in Morocco, Casablanca. Before doing so our products are imported from Thailand and China.
· R Raw Materials-Resources
Velcrum, wood, leather, and further cloths.
· M Labor
First, my associate and I are qualified designers with a master degree in fashion. We will design these shoes and send the sketches to our company in Morocco. Our 500 workers are paid 20 DHs the hour and we cover most of their insurance. We also provide transport. Most of Moroccan laborers do not have insurance or transport so our payment plan satisfies the laborers. By working eight hours per day, they will earn 190 DHs per day. It is fair for them. We have contracts with each laborer. These contracts satisfy our needs as they satisfy’s their
· G Government and Regulations
We will need their authorization to create our company and import our cloths, and make it public within the stocks. Additionally, when our StyleXchange revolutionary 3 in 1 shoes will be successful and people will ask more, we will export our final products further in the Mediterranean regions.
· P Profits
In certain regions around the Mediterranean Sea, the weather isn’t stable. It can change rapidly throughout the day. It has become an unpleasant task to the residents of those regions who always have to change shoes more than twice per day. A lot of them are complaining so our StyleXchange Company is going to make their lives easier by making 3 in 1 shoes. We are going to make our profit from those people willing to buy them and from the local brand and international franchises that are eager to invest in our shoes. We will distribute our shoes to them. When our shoes are successful, we will export them and have brands installed all over the Mediterranean. Our shoes will cost 170 $. This pair of shoes is equivalent to three pairs of shoes but its prince is equivalent to two pairs. We will also invest in the stocks, to have more profit.
Now that we are millionaires ...
Now that I'm a millionaire and that i've acquired all the money I need, I can start helping others. First I would create a small enterprise for the unwealthy people. I would import and export the same shoes as in my StyleXchange company but with different quality and price. It would be the same concept but diferrent texture and price. In this enterprise, I will have shops in different regions where any unwealthy people could go and buy cheap but practical pair of shoes. By doing so, I will help the inhabitants who doesn't own much to buy much.
