Welcome to Glory, Glitter & Shine! Who brings you Diva Discreet. The company is based in Ft. McMurray Alberta and was formed by Wilma Boyd in 2019. The purpose of this business plan is to outline the costs and benefits of further investment into the company. The plan will show our strategy to build a successful business and explain the financial requirements needed to meet the company’s goals.
Management currently consists of the founder, Wilma Boyd and her co-founders. In 2021 she expects to bring on additional partners to fully realize the vision. Key team members and service providers will be engaged to push the venture over the finish line. In the early years, the company must run lean and will rely on hiring through independent contractor agreements to manage costs and avoid responsibilities of permanent staff.
The feminine hygiene industry is steadily growing due to population increase and increased disposable income in developing nations but faces stiff challenges when disposing of used hygiene products. The business model developed is a smart way for entrepreneurs and businesspeople alike to make a profitable business while helping the environment. To our advantage customers are trending towards environmentally friendly products in greater numbers than ever before.
During the next three years, the company expects to build a stable revenue stream and has potential to do so quickly. The company expects to generate sales of $209,050 in 2023 and $401,838 in 2024 and $849,994 annual revenue by 2025. The proper execution of the company’s strategic initiatives is expected to create an exit opportunity within the first five years for the founders and any potential partners.
There is a strong opportunity for Glory, Glitter & Shine to quickly and thoroughly flood the market with their products by using some of the largest distributors on the planet specifically Amazon and Walmart Marketplace. Once traction has been made in local markets growing into larger multi-regional distributors will be our key to success.