The following will be the operations plan for the Posh Sophisticate clothing line.
- Marla Worthington will act as President & Founder of Posh Sophisticate, LLC. She will be providing oversight of the design and distribution warehouse located in New York.
- Marla has decided to hire an outside manufacturing company to manufacture each piece of clothing. As a startup clothing line, Marla believes by hiring an outside manufacturing company that already has the equipment and personnel needed, it will be less for her to manage.
- Kimberly Fornell is the clothing line’s CFO. She will be in charge of all business expenditures and tax obligations.
- Marla also has a law firm on retainer to provide legal guidance and business filings for the clothing line. They have been tasked with all limited liability corporation state and federal requirements as well as permitting and licensing.
Posh Sophisticate will have the following milestones complete in the next six months.
3/1/202X – Finalize manufacturing agreement with manufacturing company
3/15/202X – Execute advertising agency contract
4/1/202X – Finalize contracts with large retail department stores
5/1/202X – Review first batch of manufactured clothing
5/15/202X – Review first round of advertising campaign and provide feedback
6/15/202X – Launch advertising campaign via social media, magazines, media, and billboards
9/1/202X – Posh Sophisticate clothing line is available to purchase at large retail department stores