A.) Name and address of the Business
The Group decides that this Business will call its venture as “Blue bag”. It catches the attention of the Consumer and it will easily to remember and recall the brand and the product itself. It is a Bag that is created and made for the consumers’ desires and wants. So in short it is more on customized bag; however it is different from other customized bag because Blue Bag will depend on the materials that are to be used.
It will be located at a commercial space or building located in near Robinsons Cybergate J.P laurel Bajada Davao City. Most entrepreneurs put up their Business in this area because it is near to school, Malls and Subdivision where most of people are students, teenagers and young at heart usually live or make some shopping. Another reason for the place is that, since it is near business establishments there is a great chance that passers-by will see the visibility of the boutique with its product inside and get curious what is the product is all about.
B.) Name and Address
The Entrepreneur of this Venture and Their Addresses are the following
Andrade, Richard B. #127 Narra st. Phase 5 Hillside Subd Davao City
Plasabas, Emanuelle Purok 2 Brgy. San Vicente, Panabo City Davao del Norte
Earl Nicolle Sideno B.O. Obrero, Lacson St. Davao City Jan Harvy Jugar #46-B Belen Rd. Brgy. Vicente Hizon Davao City Charles Eduard Xu #1708 Tawi tawi St. West Insular Village, Lanang, Davao City
C.) Nature of the Business
Blue Bag is a partnership type of Business venture it is compose of five owners. . The business operates by producing its own product which consists of materials like cloth, sewing equipments and supplies, and design materials for customization. The operation includes distributing its good to its consumer door-to-door basis and also direct selling from the store receiving orders though person appointment or e-mail
D.) Statement of Financing needs