business plan of leather products

Leather Manufacturing Business Plan

The leather industry has been around from many years as leather is one of the most appealing clothing and furnishing material around. It is a business that has continued to climb high despite its challenges. Different businesses have sprung up as a result of this, such as those that produce leather belts, leather bags, leather shoes and leather furniture, among others. Definitely, the leather industry is a profitable one, so if you are thinking in starting a business that revolves around leather manufacturing, this business plan is for you.

Business Model

Leather products are very versatile and are employed used to manufacture many items. A leather manufacturing business usually purchases finished leather from different suppliers to make products according to the customers’ demand. Leather products include bags, shoes, jackets, hats and belts. In this section of the plan there is a complete description of the business, what it does and what the company is hoping to become.

Business Summary

Market positioning.

There is always a market ready to buy leather products. This part of the plan offers strategies to ensure that the leather manufacturing company carves a niche for its business and offers tactics to brand the name of the business to be accepted as a reliable supplier beyond the physical location of its manufacturing facilities.

Operations Plan

Here is a description of the legal and management structure of the leather manufacturing company, providing information on how the daily activities are to be accomplished. The licenses and permits the company needs to obtain and maintain are also indicated in this part. Other information included on the operational plan section includes production line organization, materials used in the manufacturing process, where they are obtained and their costs. Information about the departments, insurance policies and waste management are included too.

Marketing Plan

This section of the leather manufacturing business plan discusses the target market and the plan on how to advertise the products effectively. There is a description of the market the company serves, the customer needs, the industry’s landscape and the target customer’s profile. Marketing strategies are also defined in this section of the plan along with promotions and pricing details.

Market Segmentation

This section of the business plan provides an overview of the leather goods market in your area, tracking different market segments of the industry. You can either serve your customers through a direct-selling strategy which involves understanding their preferences and tastes on your own or you can partner with retailers to get their insights about potential segments you can serve.

Promotional Strategies

The competitive landscape seems to be high due to the large number of players competing with each other to gain market share. Customer’s demand has been moving towards new trendy designs and original leather products that keep up with fashion and lifestyle trends. In this section of the plan there are different promotional strategies to make the leather manufacturing business grow and be well known. These include social media presence, an appealing website, magazine advertising, billboards and participation in fashion-related events.

Financial Projections

A balance sheet will be forecasted to show important details of the leather manufacturing company’s finances. Income statements are also provided to show the business profits or potential losses for the next years. A cash flow statement forecast is also included in this section. All this combined, along with capital requirements to get the business up and running will be outlined here.

Revenue Assumptions

This section will give you insights on your main sources of revenue and a complete explanation of the important assumptions the business plan is taking to arrive such conclusions. For a leather manufacturing business revenues usually come from the sale of leather-made products and tailored solutions.

Projecting Expenses

The business plan presents the prevailing challenges of the industry. The rising input cost of raw materials such as leather and plastic have severely impaired profit margins, which in turn have reduced the industry’s gross profit margins in general. In this part of the plan you will find the major expenses to be watched and a guide to keep them in balance.

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Business Plan Of Leather Products

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Author: zohra-tanveer

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leather garments

Pakistan leather industry, fancy leather products, leather products business, semifinished leather, tanned leather footwearin, jilani leather fields, days fancy leather goods.

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Business Plan For Leather Products

Assignment Of Entrepreneurship

SUBMITTED TO:Sir Sajjad MohsinSUBMITTED BY:Zohra Tanveer Mi10MBA017

BUSINESS PLAN FOR LEATHER PRODUCTSExecutive SummaryHistory of leatherIntroduction Company information Business Ownership MissionMarketing mixOperations management Equipment Product Design Location Supply Chain Management Distribution ChainFinancial Projections Profit & Loss Account Balance Sheet

BUSINESS PLAN OF LEATHER PRODUCTS

History Of Leather:The second largest industry in regard to exports is the Leather Industry. Contributing more than $800 million in 2009 to the foreign exchange in Pakistan. This industry has the potential of delivering more and providing a large number of jobs by diversifying product range and improving quality.The leather industry in Pakistan is as old as the history of the country. During the colonial era just a few number of tanneries were working in large cities such as Karachi, Lahore, and New Delhi etc. In the 1950s the number of well-equipped tanneries increased in Karachi, Lahore and other major industrial cities. Leather industrys core products in Pakistan are; leather garments gloves tanned leather footwearIn the 50s and 60s most of the tanned leather was exported in raw form but soon after the local tanning industry making semi-finished leather made rapid progress in making finished productsdue to availability of raw material, labor and growing demand in the foreign market.Pakistan Leather Industry has the production capacity of more than 100 million square meters and against the production capacity it is producing only 60 million square meters. More than 450 units of leather garment manufacturers in Pakistan are producing approximately 5 million pieces against the production capacity of exceeding 7.5 million pieces. The industry has been facing some challenges which have been slowing down the production process. Energy crisis Environmental challenges Lack of proper training Introduction Of Business:The business which I want to start is of leather products namely leather jackets & gloves. Use of leather goods is increasing day by day. Now-a-days fancy leather goods are being used by the people of even remotest area of our country, because lifestyle has been changing very fast. Fancy leather products are durable and beautiful to look at in comparison to other similar products.

Market Potential:

With the development in tanning technology, good quality leathers are coming to market. Leather products have very high demand in domestic and foreign market. The demand for leather products like hand bags, wallets, purses & belts etc. is increasing gradually. It brings maximum unit value realization as compared to other leather products. The main foreign markets for leather products are Europe, Canada, Japan and USA. There is good scope for expansion of the industry.

Target Market:

Labors Young boys & girls Children Working class

NAME OF BUSINESS:

The name of my business is JILANI LEATHER FIELDS which is indulged in the business of manufacturing leather jackets & gloves.

To become the premier manufacturing organization in the leather industry, gaining market competitiveness and diversifying into value added leather with clean, well maintained and friendly environment.

Objectives:

Our aim is to maximize business without compromising on quality. We are committed to meet the changing demands of an evolving organization. We aspire to improve quality norms and enhance our product range.

Raw Materials:

Leather Silk Cloth for lining Adhesives Solution, spirit, buckles, buttons etc. Satin Andlis

Business ownership

The name of business owner is Mr.Tanveer Aslam Jilani.

There are three type of structures from which business can be started, which are as follow;

Sole proprietorship Partnership Joint stock company

But for starting Jilani Leather Fields I will prefer sole proprietorship because sole proprietorship is one of the least expensive business structures to begin. There are some other factors for choosing this structure which are;

a) Limited capital requirements b) Full control c) Full training d) Better knowledge of the market e) Simple accounting records

Total Capital Requirement:

The total capital requirement including fixed capital and working capital is estimated at Rs: 10 lac.

Product Information:Two types of leather products are offered;1. Leather jackets2. Leather glovesSIZEPRICE Working gloves 9.5 -10 inches Rs:75 each pair Wielding gloves14-16 inches Rs:180 each pair

These are available in 3 different sizes in jackets; Small Medium LargePrices of jackets ranging from Rs: 3000-12000

MARKET ANALYSIS

TheMarket Analysissection of a business plan shows the entrepreneurs knowledge and expertise about the particular business being started (or currently running.)

This segment should have a full description of the businesss history, growth, and trends. It must include a complete description of the needs, size, and unique characteristics of the potential customers, clients, or patients.

It should also assess whether those needs are currently being met. If not, it must explain how your business will meet them, including a projected estimated market share to be acquired. In addition, this portion should reflect the geographic location of your target market, pricing and gross margin levels, and possible trends and/or changes that may impact all the above.

Market Trends

Market trends are the upward or downward movement of a market, during a period of time. The market size is more difficult to estimate if one is starting with something completely new. In this case, you will have to derive the figures from the number of potential customers, or customer segments. Market potential of leather products is considerably high in Pakistan as well as in foreign also. Target Market Local market Labor Working class Youth Children Foreign market

Competitive Analysis

Competitor analysisinmarketingand strategicmanagementis an assessment of the strengths and weaknesses of current and potentialcompetitors. This analysis provides both an offensive and defensive strategic context to identify opportunities and threats. The market for leather products is highly competitive. Competitors are very strong in this business. To give them tough competition I will adopt following strategies. Cost-cut strategy Price skimming strategy Penetration strategy Positioning strategy Segmentation strategy

MARKETING MIX:The marketing mix and the 4 Ps of marketing are often used as synonyms for each other. In fact, they are not necessarily the same thing. "Marketing mix" is a general phrase used to describe the different kinds of choices organizations have to make in the whole process of bringing a product or service to market. The 4 Ps is one way probably the best-known way of defining the marketing mix, and was first expressed in 1960 by E J McCarthy. The 4Ps are: Product (or Service) Place Price Promotion

Products Or Services Product or service must meet customer requirements whatever these might be. For example, an important aspect is function - products should do what they say they can do and what they are expected to do. My company is offering leather jackets & gloves.Two types of leather products are offered;1. Leather jackets2. Leather gloves

Roughly one fifth of the cost of a product is spent getting it to consumers. Of course, the actual figure varies widely from product to product but generally distribution is a very important element in the marketing mix. Different organizations use different approaches to reaching their customers. I will distribute my products to different local retailers local brands who then sell these products in foreign markets.Promotion

It is the process of communicating with customers? For marketing purposes, communication of products and services contributes to the persuasion process to encourage consumers to avail themselves of whatever is on offer. The key processes involved in promotion, include: branding - creating a distinctive image and character to an organization/and or its products and services advertising - to inform and persuade the public packaging - presenting the product in a desirable and appropriate way public relations activities and other forms of publicity sponsorship Special promotions - e.g. buy one get one free. Direct sellingObjectives Of PromotionHowever, there are three basic objectives of promotion. These are as follows: To present information to consumers as well as others. To increase demand. To differentiate a product.Following marketing technique is used for my business.

Direct Selling

For the promotion of my businesses I will use direct selling. Direct selling isa type of sales channel where products are marketed directly to customers, wholesalers and retailers eliminating the need for middlemen. I will conduct Direct selling in one-on-one, in a group or party format, or online.

Developing A Promotional StrategyThe promotional strategy for Jilani Leather Fields is based on following factors; Segmentation

Dividing the marketing into distinct groups?There are 3 segment of market if we consider customers .i.e. Children Young OldBut when we consider then as professionals there are two classes: Working class Labor class I will use following market research methods to identify target customer for Jilani Leather Field; Sales analysis and buying patterns Questionnaires Focus groups Face-to-face interviews I will use above mentioned methods to know the;

Potential customers Consumption habits of customers Disposable income Buying habits Expectations & expirations Priorities Targeting

Deciding which of these groups to communicate with, and how to talk to them?Jilani Leather Field is targeting young people and childrens for jackets and gloves for labor class. PositioningFor giving my competitors tough competition I will go for following positioning strategies; Branding and messaging Corporate identityPricePrice needs to be relevant to the product/service and the market. A manufacturer should seek to provide to its customers with products at affordable prices. A firm's pricing decision is often aimed at attracting a particular market segment. The prices for my products are following;

SIZEPRICE Working gloves 9.5 -10 inches Rs:75 each pair Wielding gloves14-16 inches Rs:180 each pair

Pricing Strategies

Pricing strategy is an important part of the marketing mix. The price of a product should reflect its image and the need to give a consumer what they want. I will use following pricing strategies for selling my products. Cost-Plus Pricing. Hour-Based Pricing Penetration Pricing Skimming PRICING FACTORS:Pricing factors are; manufacturing cost, market place, competition, market condition Quality of product.

OPERATIONS MANAGEMENT:Operations management is an area of management concerned with overseeing, designing, and controlling the process of production and redesigning business operations in the production of goods or services. It involves the responsibility of ensuring that business operations are efficient in terms of using as few resources as needed, and effective in terms of meeting customer requirements. It is concerned with managing the process that converts inputs (in the forms of materials, labor, and energy) into outputs (in the form of goods and/or services). Manufacturing Process:

The proposed items are manufactured by units in different methods. The main operations are pattern making, economical layout of patterns, clicking of components, and skiving decoration by embossing machine or hand, folding, coloring, assembling, stitching, fitting and finishing.

Personnel hiring:I will hire people who can sew leather jackets & gloves. For hiring purposes, I will give add in newspaper and by printing banners? I will hire 25 people for my business with special sewing skill vested in them.

Equipment/ machinery:

1. Flatbed Ind. Sewing machine Complete with motor 2 x Rs 7500/- Rs 15,000

2.Cylinder bed sewing machine Complete with motor 1 x Rs 35,000/- Rs 35,000/-

3.Upper Leather skiving machine Complete with motor 1 x Rs 25,000/- Rs 25,000/-

4.Misc. tools & equipments

L.S Rs 15,000/-

Distribution Channels:

Jilani Leather Field will distribute its products to local retailers and local brands. After penetrating into the leather market we will also start selling direct to customers by eliminating the use of intermediary.

Supply Chain Management

Supply chain is the sequence of organizations facilities, functions and activities that are involved in producing and delivering a product and service. It also refers to movement of materials and information within a facility and outgoing shipment of goods and materials in supply chain.

Need for supply chain management Improve operations Increasing levels of outsourcing Increasing transportation cost Competitive pressures Manage inventories

Benefits of supply chain Lower inventories Higher productivity Greater agility Shorter lead times Higher profits

The main supply chain members of Jilani leather field are HMB & PRIME INDUSTRIES, from whom it purchases leather as a raw material.

Product Design:Product design is one of the crucial stages in Operations Management. The design of a product or a service is one of the most important steps. This will definitely affect the earnings from the product. The basic limiting characteristics of the production system design are set during the product design phase. In designing the product, or the item to be processed in non manufacturing systems, the product designer specifies materials, tolerances, basic configurations, methods of joining parts and the like, and through these specifications sets the minimum possible production cost. First of all process begins with purchasing rough or unfinished leather. This leather is put into a boiler of wood containing high quantity of concentrated chemicals to convert it into soft material for 3-4 hours. Then the leather is dried and pressed, after that cutting is performed of different designs.

Proposed Capacity

My business capacity is greatly dependent on the market size and the number of potential client or no: of orders one can attract/get. Leather products will be designed and stitched by the tailors. On average, my business having variety of design made by our tailors and we also prepare orders according to customers demand and requirements. The expected number of orders we receive will be 2-3 orders. Each order consisted of; Gloves350 Jackets 150

Location Of Production FacilitiesThe production activity should be located where a firm can be most productive and yield the highest revenues per unit of investment. A Highly Productive Business Unit: Is one that is near to the market, so that the demand for units of output is high relative to costs of making that input? Is one that is close to a skilled labor force? The easier it is for the firm to attract labor with appropriate skills the more likely it is to produce high value outputs and low costs per unit of output. One that locates close to high value raw materials. The further materials have to travel the lower the productivity of the plant will be.For Jilani Leather Fields the location which i will prefer is Defence Road Sialkot. I am choosing this location because of many factors;

Electricity rates in that area are cheaper Industrial area

FINANCIAL PLAN:Financial planning is the task of determining how a business will afford to achieve its strategic goals and objectives. Usually, a company creates a Financial Plan immediately after the vision and objectives have been set. It describes about the activities, resources, equipment and materials that are needed to achieve these objectives, as well as the timeframes involved.Basically, the financial plan section of the business plan consists of three financial statements, the income statement, the cash flow projection and the balance sheet and a brief explanation/analysis of these three statements

The expenses which I incurred before opening of the shop are:-1. Initial investment Machines &equipments= 90,000 Furniture= 20,000 Storage cabinets & stools= 20,000 Cartons= 20,000 Stationary materials= 1,000Salary of the employees:-1. Full-time workers= 8,000 per month2. Part-time workers=4,000 per monProfit And Loss AnalysisI have assumes the profits and losses which will be incurred by me in the running course of business. I have estimated the profits and losses for these years.Profit & loss account:Rs:

Sales 5,90,000

C.G.S3,70,000

Gross margin2,20,000

Depreciation4,000

Start-up-cost50,000

Workmens compensation5,500

Packing material5,000

Telephone 2,000

Utilities 15,000

Salaries 50,000

Repairs1,000

operating expenses2,550

Profit before interest84,950

Tax expenses2,000

Interest expenses1,500

Net profit81,450

Balance sheetCAPITAL & LIABILITIESASSETS Rs:

Borrowings 63,550 Furniture 20,000

Long term liability 2,50,000 Land & building 4,00,000

Total liability 3,00,000Machines 90,000

Capital 9,00,000Cash 2,00,000

Net profit 81,450Inventory 5 ,00,000

Preliminary expenses 60,000

Accumulated dep: 25,000

Total Liabilities & Capital 12,95,000Total Assets 12,95,000

SWOT ANALYSIS

Strength High quality leather is used as raw material Fashionable and wearable Exclusive and unique print designs Specialized product range Efficient use of colors and lining material Quick response to Changing consumer needs and demand Having large variety of quality products in all sizes Offers products at affordable pricesWeaknesses

Lower profit margins to compete with already existing leather businesses. Limited capital for marketing. Start-up establishment which will take time to implement systems and policies.

Opportunities Raise brand profile/ customer awareness through advertising and connections to retailers & local brands Increase product range Explore and expand designs Use innovative stitching methods Incorporate sustainable elements into designs Location advantage.Threats Time required penetrating market of established clothes boutique Competition from other leaders in market Market saturation Economic recession

Leather Products Marketing

38710371 marketing strategies leather products, textiles, garments, leather products & sport equipmentsdmr.ir/db/bd/textile.pdf · textiles, garments, leather products & sport equipments ... activity: handicrafts, leather belts, brand. - gobotswana.com · of a business plan that demonstrates ... markets for leather and leather products and exporting leather and leather goods to high growth markets, leather and leather products ahmad khan research …, tehseen enterprises (te) leather ranged284f45nftegze.cloudfront.net/tehseen/te catalog leather products.… · 0 tehseen enterprises (te) leather range catalog te leather jackets,, marketing strategies leather products, all leather products: available in - stallion leather leather products: available in ... are subject to repair or exchange only after approval by stallion leather. no cash refunds, the ethiopian leather and leather products sector: …...the ethiopian leather and leather products sector: an assessment of export potentials to europe and austria vienna, march 2019, leather business plan, leather products, all leather products: available in, supreme leather , mumbai, leather products, environmental aspects of footwear and leather products manufacture … · leather products industri es include manufacture of gloves, leather garment, saddlery, leather upholstery, leather products - sewing machines draft, gold filled leather works, mumbai, leather products, sovereign leather innovators pvt. ltd., mumbai, leather products, pavni international, kanpur, leather products, ceylon leather products plc - sri lanka · pdf fileceylon leather products plc . 01 . description of the company: ceylon leather products plc is a company with a proud history of 74, leather products introduction · leather products ebrd sub sector environmental & social guideline 2014 page 1 tanneries and leather products introduction this guideline is designed, n.c.s export, kolkata, leather products, minimising chromium (vi) in leather products - tÜv …€¦ · tÜv sÜd ensuring safety and quality in leather production minimising chromium (vi) in leather products white paper, leather products export to germany, vijay laxmi leather works - indiamart.com · supplier of a wide array of leather jackets, leather bags, leather briefcase, leather belt, leather wallet and travelling bags. our products, council for leather exports, india - cover letter · department of labor requesting for information on business practices ... leather products & footwear exporting ... the action, uploading productsimages.partner.zalora.com.s3.amazonaws.com/sellercenter/seller a… · for man-made leather products, state ‘synthetic leather’ for real leather products, state, leather products cateluge 2014, leather products from india, exports of leather and leather products pakistan vs. india, leather & leather products, zion enterprises, hyderabad, leather products, gadian - leather products, leather and leather products - p2ric, leather and leather products - infohouseinfohouse.p2ric.org/ref/18/17013.pdf · industrial resource recovery practices: leather and leather products (sic 31) february 1982 prepared, comesa leather and leather products institute (llpi).

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How to Write a Leather Processing Business Plan [Sample Template]

Are you about starting a leather processing business? If YES, here is a complete sample leather processing business plan template & feasibility report you can use for FREE . Okay, so we have considered all the requirements for starting a leather processing business. We also took it further by analyzing and drafting a sample leather processing marketing plan template backed up by actionable guerrilla marketing ideas for leather processing companies. So let’s proceed to the business planning section.

Table of Content

Why Start a Leather Processing Business?

1. industry overview, 3. our products and services, 4. our mission and vision statement, 5. job roles and responsibilities, 6. swot analysis, 8. our target market, 9. sales and marketing strategy, 10. sales forecast, 11. publicity and advertising strategy, 12. our pricing strategy, 14. sustainability and expansion strategy.

Products made from processed leather are used in all parts of the world and of course those that are in the business of processing leather are known to generate huge sales if the business is well-managed. As a matter of fact, economic downturn hardly affects the usage of products made from processed leather. Leather belts, bags, wallets, wristwatches, shoes, slippers and sandals et al are used on daily basis.

It is a known fact that the processing of leather has continued to soar. If you are however considering starting your own leather processing business, then you must be ready to really learn the ropes.

So, if you have decided to start your own leather processing company, then you should ensure that you carry out thorough feasibility studies and market survey. This will enable you site the business in a good location; a location with the right demographic composition and then hit the ground running. Business plan is yet another very important business document that you should not take for granted when launching your own leather processing business.

Below is a sample leather processing business plan template that can help you to successfully write your own with little or no difficulty.

A Sample Leather Processing Business Plan Template

Leather processing business which is popularly called leather tanning and finishing companies are businesses that are involved in the following activities: tanning, currying and finishing hides and skins; and dyeing and finishing furs. Operators in this industry generally purchase or obtain raw skins from slaughterhouses and treat and dye them to create finished leather.

If you keep a close tab of happenings in the leather tanning and finishing industry, you will agree that in the last five years, the revenue generated from the industry increased slightly. While improved economic conditions have driven downstream demand from the automotive market, the industry has continued to be adversely affected by import competition.

The industry will also face increased competition from substitute products such as faux leather. As the US dollar is expected to improve, high import levels will persist and exports will continue to decline. As a result, industry revenue is anticipated to decline over the five years.

The Leather Tanning and Finishing Industry is a thriving sector of the economy of the united states of America and they generate over billion annually from more than 1,322 registered and licensed leather tanning and finishing companies scattered all around the United States of America.

The industry is responsible for the employment of over 4,365 people. Experts project the industry to grow at a 1.3 percent annual rate from 2012 to 2017. Lear Corporation has the lion market share in the Leather Tanning and Finishing industry in the United States of America.

A recent research conducted by IBISWORLD shows that the Leather Tanning and Finishing industry operates with a low level of capital intensity, as while operators do require machinery for many production processes, the industry’s machinery needs are on a smaller scale than other manufacturing industries, and labor is the primary input of production.

The report also shows that wages account for an estimated 8.2 percent of revenue in 2017, while 0.8 percent of revenue is allocated toward depreciation costs. Therefore, IBISWorld estimates that for every $1.00 spent on employee wages, industry operators will spend $0.10 in capital investment.

One good thing about the leather processing business is that the business can be targeted at national or international markets depending on your financial capacity.

The leather processing business is a profitable industry and it is open for any aspiring entrepreneur to come in and establish his or her business and still compete for the available market and make profits.

2. Executive Summary

Texas Brothers® Leather Processing Company, Inc. is a licensed leather processing company that will be located in an industrial area in Dallas – Texas. We have been able to secure a long – term lease for a facility in a strategic location with an option of a long – term renewal on agreed terms and conditions that are favorable to us.

The facility has government approval for the kind of manufacturing business we want to run and it is easily accessible and we are deliberate about that in order to facilitate easy movement of raw materials and finished products.

We are in the leather tanning and finishing industry to engage in tanning hides and skins, currying hides and skins, finishing hides and skins, dyeing and finishing furs et al. We are also in business to make profits and to give our customers value for their money; we want to give people and businesses who patronize our products the opportunity to be part of our success story.

We are aware that there are several leather tanning and finishing companies scattered all around the United States whose products can be found in nooks and crannies of the state, which is why we spent time and resources to conduct our feasibility studies and market survey so as to enable us locate the business in an area that will support the growth of the business and also for us to be able offer much more than our competitors will be offering.

We ensured that our facility is easy to locate and we have mapped out plans to develop a wide distribution network for wholesalers all around Texas and other cities in the United States of America.

Beyond manufacturing quality and safe leather, our customer care is going to be second to none. We know that our customers are the reason why we are in business which is why we will go the extra mile to get them satisfied when they purchase our products.

Texas Brothers® Leather Processing Company, Inc. will ensure that all our customers are given first class treatment whenever they visit our processing plant and warehouse. We have a CRM software that will enable us manage a one on one relationship with our customers (wholesale distributors) no matter how large they may grow to.

Texas Brothers® Leather Processing Company, Inc. is a family business that will be owned by Andrew Peterson and his brother Terry Peterson. Andrew Peterson who is the Chief Executive Officer of the Company is a graduate of Fine Arts from the University of Texas and he holds a Master’s Degree in Business Management (MBA) from Stanford Business School.

He has over 10 years’ experience working in related industry as a senior production manager prior to Texas Brothers® Leather Processing Company, Inc. He will be working with a team of professionals to build the business.

Texas Brothers® Leather Processing Company, Inc. is going to run a standard leather processing company whose products will not only be sold in Dallas – Texas but also throughout the United States of America and other countries of the world.

We are in the leather tanning and finishing industry to make profits and also to give our customers value for their money. These are some of the products that we will be offering;

Our Business Structure

Texas Brothers® Leather Processing Company is established with the aim of competing with other leading leather processing companies in the industry. This is why we will ensure that we put proper structures in place that will support the kind of growth that we envisaged while setting up the business.

We will make sure that we only hire people that are qualified, honest, hardworking, customer centric and are ready to work to help us build a prosperous business that will benefit all our stake holders. 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 ten years or more depending how fast we meet our set target.

In view of that, we have decided to hire qualified and competent hands to occupy the following positions;

Plant Manager

Human Resources and Admin Manager

Sales and Marketing Manager

Distribution Truck Drivers

Chief Executive Officer – CEO (Owner):

Merchandize Manager

Accountant/Cashier

Client Service Executive

Production Workers/Machine Operators:

From our market research conducted, we got to know that there are several leather tanning and finishing companies in the United States of America which is why we are following the due process of establishing a business so as to compete favorable with them.

We know that if proper SWOT analysis is conducted for our business, we will be able to position our business to maximize our strength, leverage on the opportunities that will be available to us, mitigate our risks and be welled equipped to confront our threats.

Texas Brothers® Leather Processing Company, Inc. hired the services of an expert HR and Business Analyst with bias in startup businesses to help us conduct 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 Texas Brothers® Leather Processing Company, Inc.

Our major strength as a leather processing company is the vast experience of our management team, we have people on board who are highly experienced and understand how to grow business from the scratch to becoming a national phenomenon. Access to raw material in pretty large quantities, our large national distribution network and of course our excellent customer service culture will definitely count as a strong strength for the business.

One major weakness that may count against us is the fact that we are a new leather processing company and we don’t have the financial capacity to engage in the kind of publicity that we intend giving the business especially when big names in the leather tanning and finishing line of business are already determining the direction of the market.

The opportunities available to leather processing companies are enormous because almost all Americans make use of products that are made from leather. As a result of that, we were able to conduct thorough market survey and feasibility studies so as to come up with ‘on – point products’, position our business to take advantage of the existing market for tanned and finished leather products and also to create our own new market. We know that it is going to require hard work, and we are determined to achieve it.

The industry has been adversely affected by import competition, and the fact that domestic footwear and apparel manufacturing industries have continued to decline over the past five years will likely pose a threat to our business.

So also, we are quite aware that one of the major threats that we are likely going to face is economic downturn and unfavorable government policies . Another threat that may likely confront us is the arrival of a new leather processing plant in the same location where ours is located.

7. MARKET ANALYSIS

Research conducted shows that the Leather Tanning and Finishing industry is undergoing a transition period. After years of offshoring and outsourcing, some industry operators are considering bringing production back to the United States to avoid rising prices in China and high overhead costs associated with manufacturing abroad. The report also shows that reshoring would also result in shorter turnaround time between production and sales, as well as greater control over manufacturing operations.

However, large players and some players that serve niche markets are replacing other struggling operators that are no longer able to survive profitably in this industry. Consequently, the true impact of reshoring remains uncertain, but IBISWorld expects the effects of reshoring to become more evident over the next five years.

If you take notice of the Leather Tanning and Finishing manufacturing industry, you will notice that the industry has contracted over the past five years. Import competition has been a major factor in the declining performance of this industry, with many players in the industry shifting from manufacturing leather accessories to sourcing them from low-cost Asian countries or third-party contractors.

A good number of leather tanning and finishing manufacturers have departed the industry, unable to sustain operations in the price-pressured environment. The surviving players have altered operations to focus on the design and marketing processes rather than the production of goods.

Lastly, the leather processing industry is adopting eco – friendly approach towards the production and packaging of its products. As a matter of fact, the industry’s adoption of eco-friendly practices will likely persuade environmentally conscious consumers to buy its products, while increasing operators’ efficiency.

When it comes to selling processed leather, there is indeed a wide range of available customers. In view of that, we have conducted our market research and we have ideas of what our target market would be expecting from us. We are in business to retail a wide range of processed leather to the following groups of people;

Our Competitive Advantage

A close study of the industry reveals that the market has become much more intensely competitive over the last decade. As a matter of fact, you have to be highly creative, customer centric and proactive if you must survive in this industry. We are aware of the stiff competition and we are prepared to compete favorably with other companies in Dallas – Texas and throughout the United States.

In view of that, Texas Brothers® Leather Processing Company is launching a standard leather processing brand that will indeed become the preferred choice for manufacturers that make use of processed leather in every city where our product will be retailed.

Production of goods currently favored by the market, our ability to control stock on hand and of course guaranteed supply of key inputs are top on our list as regards competitive advantages. So also, part of what is going to count as competitive advantage for Texas Brothers® Leather Processing Company, Inc. is the vast experience of our management team, we have people on board who are highly experienced and understand how to grow a business from the scratch to becoming a national phenomenon.

So also, we have access to large quantities of raw leather per time, and our large national distribution network and of course our excellent customer service culture will definitely count as a strong strength for the business.

Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category in the industry; meaning that they will be more than willing to build the business with us and help deliver our set goals and achieve all our aims and objectives. We will also give good working conditions and commissions to freelance sales agents that we will recruit from time to time.

Texas Brothers® Leather Processing Company, Inc. is established with the objective of maximizing profits in the leather tanning and finishing industry in the United States of America and we are going to go all the way to ensure that we do all it takes to sell our products to a wide range of customers.

Texas Brothers® Leather Processing Company, Inc. will generate income by selling the following products;

One thing is certain when it comes to leather processing and manufacturing business, if your products are well – packaged and branded and if your production plant is centrally positioned and easily accessible, you will always attract customers cum sales that will translate to increase in revenue generation for the business.

We are well positioned to take on the available market in Dallas – Texas and every city where our tanned and finished leather products will be sold and we are quite optimistic that we will meet our set target of generating enough profits from our first six months of operation and grow the business and our clientele base.

Below are the sales projection for Texas Brothers® Leather Processing Company, Inc., it is based on the location of our business and other factors as it relates to small and medium scale leather processing company startups in the United States;

N.B : This projection was done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown and there won’t be any major competitor offering same products as we do within same location. Please note that the above projection might be lower and at the same time it might be higher.

Prior to choosing a location for Texas Brothers® Leather Processing Company, Inc., we conducted a thorough market survey and feasibility studies in order for us to be able to penetrate the available market in our target market locations.

We have detailed information and data that we were able to utilize to structure our business to attract the number of customers we want to attract per time and also for our products to favorable compete with other leading brands in the United States of America.

We hired experts who have good understanding of the leather tanning and finishing industry to help us develop marketing strategies that will help us achieve our business goal of winning a larger percentage of the available market in the United States of America.

In summary, Texas Brothers® Leather Processing Company, Inc. will adopt the following sales and marketing approach to sell our processed leather products;

In spite of the fact that our leather processing plant is a standard one with the capacity to produce large quantities of processed leathers that can favorably compete with other leading brands, we will still go ahead to intensify publicity for all our products.

Texas Brothers® Leather Processing Company, Inc. has a long – term plan of distributing our tanned and finished leathers in various locations all around the United States of America which is why we will deliberately build our brand to be well accepted in Dallas – Texas before venturing out.

As a matter of fact, our publicity and advertising strategy is not solely for selling our products but to also effectively communicate our brand. Here are the platforms we intend leveraging on to promote and advertise Texas Brothers® Leather Processing Company, Inc.;

We are aware of the pricing trend in the leather tanning and finishing industry which is why we have decided to produce various sizes of processed leather and it is based on per square meter.

In view of that, our prices will conform to what is obtainable in the industry but will ensure that within the first 6 to 12 months our products are sold a little bit below the average price of various leather processing brands in the United States of America. We have put in place business strategies that will help us run on low profits for a period of 6 months; it is a way of encouraging people to buy into our brands.

The payment policy adopted by Texas Brothers® Leather Processing Company, Inc. is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America.

Here are the payment options that Texas Brothers® Leather Processing Company, Inc. will make available to her clients;

In view of the above, we have chosen banking platforms that will enable our client make payment for the purchase of our processed leather products without any stress on their part. Our bank account numbers will be made available on our website and promotional materials.

13. Startup Expenditure (Budget)

Starting a standard leather processing company is indeed a capital-intensive business because the amount required in setting up a standard leather processing plant is not a piecemeal. The bulk of the startup capital will be spent on leasing or acquiring a facility and also in purchasing leather cutting, polishing and tanning equipment.

Aside from that, you are not expected to spend much except for the purchase and servicing of distribution trucks, raw materials, paying of your employees and utility bills. These are the key areas where we will spend our startup capital;

We would need an estimate of three hundred thousand dollars ( $300,000 ) to successfully set up our leather processing plant in Dallas – Texas.

Generating Startup Capital for Texas Brothers® Leather Processing Company, Inc.

Texas Brothers® Leather Processing Company, Inc. is a family business that is owned and financed by Andrew Peterson and his brother Terry Peterson. They do not intend to welcome any external business partner which is why they decided to restrict the sourcing of startup capital to 3 major sources.

These are the areas we intend generating our startup capital;

N.B: We have been able to generate about $100,000 ( Personal savings $60,000 and soft loan from family members $40,000 ) and we are at the final stages of obtaining a loan facility of $200,000 from our bank. All the papers and documents have been signed and submitted, the loan has been approved and any moment from now our account will be credited with the amount.

It is a known fact that the future of a business lies in the number of loyal customers that they have, the capacity and competence of their employees, their investment strategy and business structure. If all these factors are missing from a business, then it won’t be too long before the business closes shop.

One of our most important goals of starting Texas Brothers® Leather Processing Company, Inc. is to build a business that will survive off its own cash flow without the need for injecting finance from external sources once the business is officially running.

We know that one of the ways of gaining approval and winning customers over is to retail our tanned and finished leathers a little bit cheaper than what is obtainable in the market and we are prepared to survive on lower profit margin for a while.

At Texas Brothers® Leather Processing Company, Inc., we will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are 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.

We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.

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Business Plan of Leather Products

Author zohra-tanveer

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entraprenuership

Text of Business Plan of Leather Products

Business Plan For Leather Products

Assignment Of Entrepreneurship

SUBMITTED TO:Sir Sajjad MohsinSUBMITTED BY:Zohra Tanveer Mi10MBA017

BUSINESS PLAN FOR LEATHER PRODUCTSExecutive SummaryHistory of leatherIntroduction Company information Business Ownership MissionMarketing mixOperations management Equipment Product Design Location Supply Chain Management Distribution ChainFinancial Projections Profit & Loss Account Balance Sheet

BUSINESS PLAN OF LEATHER PRODUCTS

History Of Leather:The second largest industry in regard to exports is the Leather Industry. Contributing more than $800 million in 2009 to the foreign exchange in Pakistan. This industry has the potential of delivering more and providing a large number of jobs by diversifying product range and improving quality.The leather industry in Pakistan is as old as the history of the country. During the colonial era just a few number of tanneries were working in large cities such as Karachi, Lahore, and New Delhi etc. In the 1950s the number of well-equipped tanneries increased in Karachi, Lahore and other major industrial cities. Leather industrys core products in Pakistan are; leather garments gloves tanned leather footwearIn the 50s and 60s most of the tanned leather was exported in raw form but soon after the local tanning industry making semi-finished leather made rapid progress in making finished productsdue to availability of raw material, labor and growing demand in the foreign market.Pakistan Leather Industry has the production capacity of more than 100 million square meters and against the production capacity it is producing only 60 million square meters. More than 450 units of leather garment manufacturers in Pakistan are producing approximately 5 million pieces against the production capacity of exceeding 7.5 million pieces. The industry has been facing some challenges which have been slowing down the production process. Energy crisis Environmental challenges Lack of proper training Introduction Of Business:The business which I want to start is of leather products namely leather jackets & gloves. Use of leather goods is increasing day by day. Now-a-days fancy leather goods are being used by the people of even remotest area of our country, because lifestyle has been changing very fast. Fancy leather products are durable and beautiful to look at in comparison to other similar products.

Market Potential:

With the development in tanning technology, good quality leathers are coming to market. Leather products have very high demand in domestic and foreign market. The demand for leather products like hand bags, wallets, purses & belts etc. is increasing gradually. It brings maximum unit value realization as compared to other leather products. The main foreign markets for leather products are Europe, Canada, Japan and USA. There is good scope for expansion of the industry.

Target Market:

Labors Young boys & girls Children Working class

NAME OF BUSINESS:

The name of my business is JILANI LEATHER FIELDS which is indulged in the business of manufacturing leather jackets & gloves.

To become the premier manufacturing organization in the leather industry, gaining market competitiveness and diversifying into value added leather with clean, well maintained and friendly environment.

Objectives:

Our aim is to maximize business without compromising on quality. We are committed to meet the changing demands of an evolving organization. We aspire to improve quality norms and enhance our product range.

Raw Materials:

Leather Silk Cloth for lining Adhesives Solution, spirit, buckles, buttons etc. Satin Andlis

Business ownership

The name of business owner is Mr.Tanveer Aslam Jilani.

There are three type of structures from which business can be started, which are as follow;

Sole proprietorship Partnership Joint stock company

But for starting Jilani Leather Fields I will prefer sole proprietorship because sole proprietorship is one of the least expensive business structures to begin. There are some other factors for choosing this structure which are;

a) Limited capital requirements b) Full control c) Full training d) Better knowledge of the market e) Simple accounting records

Total Capital Requirement:

The total capital requirement including fixed capital and working capital is estimated at Rs: 10 lac.

Product Information:Two types of leather products are offered;1. Leather jackets2. Leather glovesSIZEPRICE Working gloves 9.5 -10 inches Rs:75 each pair Wielding gloves14-16 inches Rs:180 each pair

These are available in 3 different sizes in jackets; Small Medium LargePrices of jackets ranging from Rs: 3000-12000

MARKET ANALYSIS

TheMarket Analysissection of a business plan shows the entrepreneurs knowledge and expertise about the particular business being started (or currently running.)

This segment should have a full description of the businesss history, growth, and trends. It must include a complete description of the needs, size, and unique characteristics of the potential customers, clients, or patients.

It should also assess whether those needs are currently being met. If not, it must explain how your business will meet them, including a projected estimated market share to be acquired. In addition, this portion should reflect the geographic location of your target market, pricing and gross margin levels, and possible trends and/or changes that may impact all the above.

Market Trends

Market trends are the upward or downward movement of a market, during a period of time. The market size is more difficult to estimate if one is starting with something completely new. In this case, you will have to derive the figures from the number of potential customers, or customer segments. Market potential of leather products is considerably high in Pakistan as well as in foreign also. Target Market Local market Labor Working class Youth Children Foreign market

Competitive Analysis

Competitor analysisinmarketingand strategicmanagementis an assessment of the strengths and weaknesses of current and potentialcompetitors. This analysis provides both an offensive and defensive strategic context to identify opportunities and threats. The market for leather products is highly competitive. Competitors are very strong in this business. To give them tough competition I will adopt following strategies. Cost-cut strategy Price skimming strategy Penetration strategy Positioning strategy Segmentation strategy

MARKETING MIX:The marketing mix and the 4 Ps of marketing are often used as synonyms for each other. In fact, they are not necessarily the same thing. "Marketing mix" is a general phrase used to describe the different kinds of choices organizations have to make in the whole process of bringing a product or service to market. The 4 Ps is one way probably the best-known way of defining the marketing mix, and was first expressed in 1960 by E J McCarthy. The 4Ps are: Product (or Service) Place Price Promotion

Products Or Services Product or service must meet customer requirements whatever these might be. For example, an important aspect is function - products should do what they say they can do and what they are expected to do. My company is offering leather jackets & gloves.Two types of leather products are offered;1. Leather jackets2. Leather gloves

Roughly one fifth of the cost of a product is spent getting it to consumers. Of course, the actual figure varies widely from product to product but generally distribution is a very important element in the marketing mix. Different organizations use different approaches to reaching their customers. I will distribute my products to different local retailers local brands who then sell these products in foreign markets.Promotion

It is the process of communicating with customers? For marketing purposes, communication of products and services contributes to the persuasion process to encourage consumers to avail themselves of whatever is on offer. The key processes involved in promotion, include: branding - creating a distinctive image and character to an organization/and or its products and services advertising - to inform and persuade the public packaging - presenting the product in a desirable and appropriate way public relations activities and other forms of publicity sponsorship Special promotions - e.g. buy one get one free. Direct sellingObjectives Of PromotionHowever, there are three basic objectives of promotion. These are as follows: To present information to consumers as well as others. To increase demand. To differentiate a product.Following marketing technique is used for my business.

Direct Selling

For the promotion of my businesses I will use direct selling. Direct selling isa type of sales channel where products are marketed directly to customers, wholesalers and retailers eliminating the need for middlemen. I will conduct Direct selling in one-on-one, in a group or party format, or online.

Developing A Promotional StrategyThe promotional strategy for Jilani Leather Fields is based on following factors; Segmentation

Dividing the marketing into distinct groups?There are 3 segment of market if we consider customers .i.e. Children Young OldBut when we consider then as professionals there are two classes: Working class Labor class I will use following market research methods to identify target customer for Jilani Leather Field; Sales analysis and buying patterns Questionnaires Focus groups Face-to-face interviews I will use above mentioned methods to know the;

Potential customers Consumption habits of customers Disposable income Buying habits Expectations & expirations Priorities Targeting

Deciding which of these groups to communicate with, and how to talk to them?Jilani Leather Field is targeting young people and childrens for jackets and gloves for labor class. PositioningFor giving my competitors tough competition I will go for following positioning strategies; Branding and messaging Corporate identityPricePrice needs to be relevant to the product/service and the market. A manufacturer should seek to provide to its customers with products at affordable prices. A firm's pricing decision is often aimed at attracting a particular market segment. The prices for my products are following;

SIZEPRICE Working gloves 9.5 -10 inches Rs:75 each pair Wielding gloves14-16 inches Rs:180 each pair

Pricing Strategies

Pricing strategy is an important part of the marketing mix. The price of a product should reflect its image and the need to give a consumer what they want. I will use following pricing strategies for selling my products. Cost-Plus Pricing. Hour-Based Pricing Penetration Pricing Skimming PRICING FACTORS:Pricing factors are; manufacturing cost, market place, competition, market condition Quality of product.

OPERATIONS MANAGEMENT:Operations management is an area of management concerned with overseeing, designing, and controlling the process of production and redesigning business operations in the production of goods or services. It involves the responsibility of ensuring that business operations are efficient in terms of using as few resources as needed, and effective in terms of meeting customer requirements. It is concerned with managing the process that converts inputs (in the forms of materials, labor, and energy) into outputs (in the form of goods and/or services). Manufacturing Process:

The proposed items are manufactured by units in different methods. The main operations are pattern making, economical layout of patterns, clicking of components, and skiving decoration by embossing machine or hand, folding, coloring, assembling, stitching, fitting and finishing.

Personnel hiring:I will hire people who can sew leather jackets & gloves. For hiring purposes, I will give add in newspaper and by printing banners? I will hire 25 people for my business with special sewing skill vested in them.

Equipment/ machinery:

1. Flatbed Ind. Sewing machine Complete with motor 2 x Rs 7500/- Rs 15,000

2.Cylinder bed sewing machine Complete with motor 1 x Rs 35,000/- Rs 35,000/-

3.Upper Leather skiving machine Complete with motor 1 x Rs 25,000/- Rs 25,000/-

4.Misc. tools & equipments

L.S Rs 15,000/-

Distribution Channels:

Jilani Leather Field will distribute its products to local retailers and local brands. After penetrating into the leather market we will also start selling direct to customers by eliminating the use of intermediary.

Supply Chain Management

Supply chain is the sequence of organizations facilities, functions and activities that are involved in producing and delivering a product and service. It also refers to movement of materials and information within a facility and outgoing shipment of goods and materials in supply chain.

Need for supply chain management Improve operations Increasing levels of outsourcing Increasing transportation cost Competitive pressures Manage inventories

Benefits of supply chain Lower inventories Higher productivity Greater agility Shorter lead times Higher profits

The main supply chain members of Jilani leather field are HMB & PRIME INDUSTRIES, from whom it purchases leather as a raw material.

Product Design:Product design is one of the crucial stages in Operations Management. The design of a product or a service is one of the most important steps. This will definitely affect the earnings from the product. The basic limiting characteristics of the production system design are set during the product design phase. In designing the product, or the item to be processed in non manufacturing systems, the product designer specifies materials, tolerances, basic configurations, methods of joining parts and the like, and through these specifications sets the minimum possible production cost. First of all process begins with purchasing rough or unfinished leather. This leather is put into a boiler of wood containing high quantity of concentrated chemicals to convert it into soft material for 3-4 hours. Then the leather is dried and pressed, after that cutting is performed of different designs.

Proposed Capacity

My business capacity is greatly dependent on the market size and the number of potential client or no: of orders one can attract/get. Leather products will be designed and stitched by the tailors. On average, my business having variety of design made by our tailors and we also prepare orders according to customers demand and requirements. The expected number of orders we receive will be 2-3 orders. Each order consisted of; Gloves350 Jackets 150

Location Of Production FacilitiesThe production activity should be located where a firm can be most productive and yield the highest revenues per unit of investment. A Highly Productive Business Unit: Is one that is near to the market, so that the demand for units of output is high relative to costs of making that input? Is one that is close to a skilled labor force? The easier it is for the firm to attract labor with appropriate skills the more likely it is to produce high value outputs and low costs per unit of output. One that locates close to high value raw materials. The further materials have to travel the lower the productivity of the plant will be.For Jilani Leather Fields the location which i will prefer is Defence Road Sialkot. I am choosing this location because of many factors;

Electricity rates in that area are cheaper Industrial area

FINANCIAL PLAN:Financial planning is the task of determining how a business will afford to achieve its strategic goals and objectives. Usually, a company creates a Financial Plan immediately after the vision and objectives have been set. It describes about the activities, resources, equipment and materials that are needed to achieve these objectives, as well as the timeframes involved.Basically, the financial plan section of the business plan consists of three financial statements, the income statement, the cash flow projection and the balance sheet and a brief explanation/analysis of these three statements

The expenses which I incurred before opening of the shop are:-1. Initial investment Machines &equipments= 90,000 Furniture= 20,000 Storage cabinets & stools= 20,000 Cartons= 20,000 Stationary materials= 1,000Salary of the employees:-1. Full-time workers= 8,000 per month2. Part-time workers=4,000 per monProfit And Loss AnalysisI have assumes the profits and losses which will be incurred by me in the running course of business. I have estimated the profits and losses for these years.Profit & loss account:Rs:

Sales 5,90,000

C.G.S3,70,000

Gross margin2,20,000

Depreciation4,000

Start-up-cost50,000

Workmens compensation5,500

Packing material5,000

Telephone 2,000

Utilities 15,000

Salaries 50,000

Repairs1,000

operating expenses2,550

Profit before interest84,950

Tax expenses2,000

Interest expenses1,500

Net profit81,450

Balance sheetCAPITAL & LIABILITIESASSETS Rs:

Borrowings 63,550 Furniture 20,000

Long term liability 2,50,000 Land & building 4,00,000

Total liability 3,00,000Machines 90,000

Capital 9,00,000Cash 2,00,000

Net profit 81,450Inventory 5 ,00,000

Preliminary expenses 60,000

Accumulated dep: 25,000

Total Liabilities & Capital 12,95,000Total Assets 12,95,000

SWOT ANALYSIS

Strength High quality leather is used as raw material Fashionable and wearable Exclusive and unique print designs Specialized product range Efficient use of colors and lining material Quick response to Changing consumer needs and demand Having large variety of quality products in all sizes Offers products at affordable pricesWeaknesses

Lower profit margins to compete with already existing leather businesses. Limited capital for marketing. Start-up establishment which will take time to implement systems and policies.

Opportunities Raise brand profile/ customer awareness through advertising and connections to retailers & local brands Increase product range Explore and expand designs Use innovative stitching methods Incorporate sustainable elements into designs Location advantage.Threats Time required penetrating market of established clothes boutique Competition from other leaders in market Market saturation Economic recession

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15 Most Profitable Leather Business Ideas 2

15 Most Profitable Leather Business Ideas

For entrepreneurs seeking new opportunities in Leather business, there are numerous options available in the market to choose from and each one of them makes a lucrative business option if executed in the right manner. The leather business actually requires a low-cost investment and little to no professional skills are required to run the business.

If you are thinking about starting a leather business then you have numerous opportunities but all these opportunities even further provide you with three options, manufacturing, retail and export.

1. Leather Garment Making

2. leather furniture making.

With leather being made available as a trendy option right now people are making good use of it in different industries and one of them is furniture making. Leather Furniture Making does not deal with the furniture that is made out of leather but it features leather as a part of the furniture making process.

3. Leather Export

To give your business a head start you could directly get in touch with the manufacturers and establish tie-ups and partnerships.

4. Leather Crafts Item Making

This could be done without any professional skills, all you need to do is get a little training about the basics of this business and practice by making the items at home.

5. Leather Bag Making

6. leather accessories store.

Leather Accessories store is a retail business plan that features varies accessories made from leather. To start your own retail store you need to contact the manufacturers that deal with the manufacturing of the accessories made from leather.

7. Ladies Foot Ware Manufacturing

The use of leather in foot ware making has only been significant and it is expanding rapidly. The ladies’ shopping area has always been a good business idea and nowadays everyone is stumbling upon the idea of leather foot ware that makes the trendiest option.

8. Leather Promotional Product Making

Promotional gifts are a part of marketing campaigns that serves the purposes of promoting a specific brand. These products are customized especially for the company and have their company logo on it. As marketing strategies are improved day by day, the use of promotional products is the new thing now that is expanding rapidly.

9. Leather Processing/ Tanning Factory

As the word factory would suggest, the leather processing business is a large scale business. The processing of leather is also known as a tannery. After the leather is made available from the different sources it needs to be processed and tanned in order to make it ready to use for different business ideas.

10. Leather Jewelry Making

Jewelry making is another business idea for entrepreneurs looking for business ideas in various sectors. Leathery is already a very pretty popular material in itself and it also makes some of the trendiest jewelry items that we have today. The use of leather in the jewelry industry is significant and provides extensive scope for a business idea.

11. Leather Safety Shoe-making

The industry type includes, chemical, mining, construction industries, etc. So they are provided with a shoe made of leather to protect from direct exposure to these work conditions. The business requires you to invest moderately.

12. Leather Gloves and Mittens Making

13. leather watchband making.

Besides all this, leather watches have a high demand for export business too. An export business could be initiated from your own manufacturing unit and even if you are not interested in the manufacturing of the products, you could always start the selling business by having it available from different distributors.

14. Shoe Laundry

15. leather winter-wear.

Leather Winter-wear is already a much bigger industry in itself that it requires a special mention. People using leather as jackets is a famous concept and it has been a trendy business idea with a significant amount of margin in the business plan.

The above-mentioned business ideas are one of the leading leather-related startup ideas in India. The demand for leather in India is increasing rapidly and it provides an extensive scope of success in the field. To start your own business could be quite a task because it requires investment, sourcing of raw materials, commercial unit set up, etc. But once you get the business running, all your hardworking will be paid off in the form of success.

So this was an article on Leather business ideas and we tried to cover the most through this detailed planning. You can leave a comment below to let us know how you liked the article.

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Leather goods shop business plan template

Download this leather goods shop business plan template in PDF or Word format, or tailor it to your project directly in our business plan software.

Discover our leather goods shop business plan template

leather goods shop business plan template

Not accustomed to writing business plans? Our leather goods shop business template will turn a typically challenging process into a total breeze.

Modelled on a complete business plan of a leather goods shop in Normandy, our template features both the financial forecast and the written part that presents the project, its team, the local market and the business strategy implemented by the management.

Cast your eyes on this template to achieve a better understanding of what your bank and investors would like to see, so that you can create a business plan that meets their expectations.

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Leather goods shop business plan template content

This template includes a complete business plan, with a financial forecast and the following sections:

business plan template leather goods shop summary

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Leather goods shop business plan template extract

Executive summary, business overview.

Maroquinerie Venoir will be a boutique located in Caen that exclusively sells leather bags and accessories.

Besides specialising in leather, we will also sell suitcases in fabric, plastic, travel bags (available in both fabric and leather) and backpacks from a variety of different brands.

Maroquinerie Venoir will be located on Rue Neuve Saint-Jean, in the heart of downtown Caen, close to several men's and women's ready to wear clothing stores, shoe shops, convenience stores and Place Saint-Pierre.

Our leather goods shop is a limited company with a share capital of €10,000. It will be managed by its two partners, Pauline C. and Claire V. Each of them will hold 50% of the shares of the company.

The partners benefit from having professional backgrounds that will help them set up and operate the business with confidence.

Pauline C. holds a degree in Business Management from the IAE of Caen. She has 10 years of experience in the ready to wear sector as an executive assistant and manager.

Claire V. graduated with a Management degree from the University of Caen. Claire worked as an administrative manager in a local painting company for 4 years, forging her solid managerial experience.

The two partners met when they were students, so know each other very well.

Market Overview

French market

The French leather goods industry is currently worth over €3 billion (2018), having experienced an annual growth rate of 8.5% from 2010-2018.

According to a 2017 report by the National Leather Council, France is the 3rd largest leather exporting country in the world, behind the United States and Australia.

The French leather goods industry employs people in 449 companies across the nation - with production occurring predominantly in and around Paris. A 2018 Conseil National du Cuir report also found that as many as 11,055,040 handbags are produced each year.

Designer handbags with their chic, Parisian style are still widely popular - with such bags taking up 50% of sales for all French luxury products in 2017. Among them, brands such as Hermès, Chanel and Louis Vuitton account for 80% of annual luxury leather goods sales.

According to modelab.fr and the McKinsey report, the market has undergone major changes since the financial crash of 2008 and it's expected that a growing demand for eco-friendly practices will expand the market as consumers take a conscious step back from harmful mass consumption.

The annual clothes budget of a French person in 2017 was around €1,230 for clothing and €330 for shoes. The MECO website also indicates that in 2015, a household's expenditure on fashion accessories came to €133 per year.

According to the E. Leclerc Observatory, economic restraints and a growing awareness of the detrimental impact of fast fashion means French consumers are increasingly seeking out clothes at lower prices, as well as places in which they can purchase second-hand fashion.

Rather than just waiting for Christmas or summer sales, people are now looking for reduced prices all year round and the opportunity to buy designer products at private sales.

Although the industry is being pulled by the ethical fashion trend, it's important to note that only 20% of consumers said they'd opt for ethical fashion in 2018.

Local Market

The advantage of the city centre of Caen and its various streets is that it's very easy to walk around.

The Saint Pierre/Rue de Bras and Saint Pierre/Belivet areas attract shoppers on the lookout for clothes and accessories. The handy transport links (either tram or bus) to these areas also means a regular flow of people coming in from the outskirts of Caen.

In 2016, 14% of all French luxury boutique openings occurred in Caen. Although Caen has a modest population of 108,000 (and can't quite compete with the notoriety of Faubourg St-Honoré) it still has an abundance of high-end boutiques, most of which are in the city centre.

Between department stores (such as Printemps or Galaries Lafayette), independent boutiques (including Arthur and Aston and Longchamp) and leather goods retailers, Caen is held in high-esteem by leather enthusiasts for its extensive offering of leather products.

According to a 2018 Pôle Emploi Normandie report, of the 315,634 strong workforce in Calvados, 6.9% are in senior or managerial roles - with journaldunet.com estimating the average monthly salary of such a position to be around €4,049.

As the median income (and, therefore, standard of living) within Caen is considerably higher than the national average, the launch of a new leather goods shop will be viewed by many local residents as an exciting opportunity to purchase new kinds of leather goods.

Target Market

We believe that our choice to specialise in leather goods and offer premium products will attract high-earning customers that shop downtown for good-quality accessories such as bags and wallets.

The expertise of our salespeople will play a huge part in encouraging sales. Our close proximity to other off-the-rack clothes shops and shoe stores will place us in the direct path of shoppers, who may be looking for a leather bag or belt to complement their other purchases.

Competition

We will be in direct competition with the major independent retailers and leather goods stores in downtown Caen.

We have identified 3 main competitiors located in the rue Nueve Saint-Jean:

A typical shopper likes to visit a few different shops before settling on his or her ultimate purchase. We therefore view the presence of nearby competitors as beneficial in that it draws more shoppers into the area.

Using the wide range and high-quality of our products, as well as the expertise of our sales staff, we'll offer a specialised shopping experience that other merchants cannot.

Our indirect competition includes the off-the-rack stores of downtown Caen. Because off-the-rack stores generally don't offer luxury leather goods, however, competition is limited.

We will also compete indirectly with online retailers, particularly private sales sites. A desire on the part of customers to actually see and try the products in-person before purchasing them, however, places us a cut above these sites - as we have the ability to use our expertise to advise customers and respond to their queries instantly.

Financial Highlights

We expect to be profitable in our first year of activity with sales of €249,445 and EBITDA of €4,263 (or 1.71% of margin) in year 1.

Thereafter, we expect to continue to grow our business to reach €272,050 in sales and €13,997 in EBITDA (or 5.14% of margin) in year 3.

We anticipate positive cash generation over the plan as a whole, and the company should be sufficiently capitalized to be able to meet its loan repayments while maintaining sufficient headroom to deal with contingencies.

The opening of our leather goods shop will require an initial investment of €70,000.

The partners have planned to contribute €40,000, i.e. 57% of the total, with a share capital contribution of €10,000 and a director loan of €30,000.

We would like to obtain a loan of €30,000 to finance the remaining amount.

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Business plan for leather goods

At Quality Leather Goods, we pride ourselves on our ability to produce quality leather products at reasonable rates. Lately, demand has grown with the re-emergence of the retro trend. This has driven us to consider expanding our product line.

A business plan for individual entrepreneurs. If you have an idea for a business which requires the sale of leather goods, this business plan, business plan on leather bag making, leather tannery business plan, will help you to get started. It covers planning the product, promotion, warehousing, costs and legal aspects of starting a small business.

Business plan for leather goods

The leather bag making business plan is a detailed document that provides information about the business, its owners and the company. This is an important part of any business proposal and it is used to evaluate the feasibility of starting a new venture.

The main sections of the leather bag making business plan include:

Business Description: A detailed description of your business including its history, financial status, market share and future plans.

Market Analysis: The market analysis section explains how you will sell your products and why they are worth buying. The marketing strategy should be thoroughly researched and well documented so that potential investors can make an informed decision about whether or not to invest in your company.

Financial Projections: The financial projections section should include details on projected sales figures over a set period of time as well as projected profits and cash flow statements.

Management Team Profile: If you are planning on taking on partners or employees then this section needs to be included in your proposal as well as information about their qualifications and experience with similar businesses.

Leather tannery business plan

Leather bag making is a good business idea for you if you are into leather craft and have some knowledge about tanning.

Tanning is an art and it requires a lot of skill and experience to get it right. The process involves the use of different types of chemicals that can be harmful to the environment. So, unless you know how to do this properly, you may not be able to make a profit with this business.

The main requirement for this business is that you need enough space to store all your materials. Also, you should have enough space to work on them as well because there will be a lot of tools needed for this job.

How to Start a Leather Business | TRUiC

You need to buy leather from wholesalers or manufacturers so that you have sufficient stock at all times. You can also buy used leather from people who are looking to sell it at cheaper rates than usual because they may not want it anymore or because they don’t know how to sell it themselves without anyone knowing about their past usage history.

It is important for you to know about the different types of leathers available in the market so that you can choose the best ones for your products. This helps in better pricing as well as helps in reducing wastage during production time

Leather goods business plan is a comprehensive report that includes a detailed overview of your company’s financials, marketing strategies and the overall business plan.

Business Plan for Leather Goods

A leather goods business plan is a detailed report that includes a detailed overview of your company’s financials, marketing strategies and the overall business plan. The leather industry is one of the oldest industries in the world. From ancient times to now, it has been very popular in different societies. This is because it can be used as an integral part of many products such as clothing and bags. If you are thinking of starting a leather goods business, here are some tips that you need to consider:

1) Get enough capital

Before you start any business venture, it is important that you have enough capital so that you do not run out of money while running the business or while buying raw materials for producing your products. If you don’t have enough capital then it may affect your ability to pay employees or suppliers on time which may lead to losing them as clients or suppliers respectively thus causing major losses for your company in terms of reputation.

2) Know how much money does it cost?

It is important to know how much money does it cost for starting up this kind

Business plan on leather bag making

Business Overview:

Leather goods are defined as one of the most durable and sustainable type of bag. Leather is a natural material and has been used by people for thousands of years. The leather industry is an old-fashioned industry but with the changing trends, it is becoming more popular than ever before. It is not only used for making bags but also for making shoes, belts, wallets, jackets and many other items.

Leather Manufacturing Business Plan | Pro Business Plans

Leather bag business proposal

The leather industry takes advantages from its flexibility in terms of design and style. It can be made into any shape or size according to the needs of the customers. Leather goods are available in all shapes and sizes from small purses to large bags that can fit laptops or books inside them. Leather bags have become an essential part of almost everyone’s life because they are multipurpose products that can be used for different purposes such as daily use or traveling purposes etc..

The demand for leather goods is increasing day by day because people want something that will last long without getting damaged so easily like synthetic materials do which can be easily torn apart which means they will spend less money on buying new things every time they get damaged while using synthetic materials rather than using leather

The leather goods industry is a multi-billion dollar business and is one of the most profitable industries in the world. The leather goods industry has been around for several years and it has been growing at a steady rate. This industry is expected to grow at an exponential rate over the next 10 years as more people become conscious about environmental issues.

The leather industry has always been one of the most profitable industries in the world because it deals with luxury items such as bags, wallets, shoes and watches. Most of these products are made up of animal skin or hide which can be used for many different purposes depending on where it comes from and how it is processed.

Today there are many different types of leather available on the market and each type of leather has its own unique characteristics:

Full Grain Leather – This type of leather is known for its durability and strength making it perfect for rugged use such as luggage bags or belts. Full grain leather will last longer than any other type of leather due to its thickness and durability making it ideal for long term use. It can be treated with many different types of finishes such as waxes, oils or polishes which will enhance its appearance or add protection against water damage caused by rain or snow if needed.

Top Grain Leather – Top grain

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business plan of leather products

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So tired of writing papers that you’re starting to think of your professor’s demise? Relax, we’re only joking! However, even a joke is woven with the thread of truth, and the truth is that endless assignments are constantly nagging at you and keeping you up all night long.

‘Writing my papers is unbearable!’ you may think But you’re not alone… What if we told you that we know a magical place where professionals can write your essays so perfectly that even professors’ most sophisticated requirements will be met? You’ve probably already guessed that we’re talking about WritePaperFor.me — the most delightful, facilitating, and destressing custom paper-writing service!

We are not going to be shy about our wish to see you as our steady customer. As a result, we aren’t twiddling our thumbs but permanently improving our services; we carefully select writers who always bone up on their subjects and disciplines, and we won’t rest unless you’ve gotten your ideal paper(s). All your wishes become our unshakable rules!

Why would I ask you to write paper for me?

Despite the obvious and even natural resistance to the idea of paper writing in principle that may occur with any student, you may also ask yourself, ‘Why would I need you to help me write my paper?’ The answer to this question lies in the spectrum of your routine actions. It’s not surprising that studying becomes part of our lives, but sometimes we’ve just got too much going on!

When you write an essay or academic paper, you just do one of the numerous things you face daily or weekly. This part of your life consumes lots of energy and time, so how can you possibly get around to doing other things like having fun, working, playing sports, helping relatives, and spending time with friends?

People are social creatures, and it’s only natural of us to request help from experts.. That’s why we ask doctors, electricians, or plumbers to help us! They’re all specialists. Who writes essays for you better than you do? Right, people who write numerous essays every day. We are experts in academic writing, aimed at satisfying all your needs related to education.

You just hire a professional to get a paper written, like you normally do in other situations. Our team of writers know everything about writing your paper and can cope with assignments of any complexity and academic level. Well-researched and expertly-written papers are what we do for our customers, and we always do our work professionally so that you could kick back and enjoy your life to the fullest.

The undeniable benefits of our custom paper-writing service

Apart from a paper written in accordance with the highest standards, we provide a wide range of contributory advantages to make your life easier. Let’s take a closer look at them.

Round-the-Clock Support. Our paper-writing service works day and night to help you with all current issues. Our friendly support team is available whenever you need them, even if it’s the middle of the night. They will gladly guide you and answer all your questions on how to order customized papers or consult you about the matters at hand. Feel free to share your questions or concerns with them and get comprehensible answers.

High-Class Quality. ‘Will you write a paper for me that meets all requirements?’ This question is frequently asked by many students, and we always answer in the affirmative. Our main goal is to deliver a perfectly written paper the meets the highest possible writing standards. We don’t rest unless you are satisfied with our work. If you hire a paper writer online, we guarantee you that you get 100% original and plagiarism-free assignments of high quality.

Complete Anonymity. We value your privacy and use modern encryption systems to protect you online. We don’t collect any personal or payment details and provide all our customers with 100% anonymity. ‘Can you write a paper for me and let me stay anonymous?’ Of course, we can! We are here to help you, not to cause problems.

Fast Delivery. We completely understand how strict deadlines may be when it comes to writing your paper. Even if your paper is due tomorrow morning, you can always rely on us. Our writers meet all set deadlines unequivocally. This rule is ironclad! The offered range is wide and starts from 6 hours to 2 weeks. Which one to choose is totally up to you. On our part, we guarantee that our writers will deliver your order on time.

Free Revisions. Our mission is to hone your paper to perfection. That’s why we offer you free revisions to make everything ideal and according to your needs. Feel free to ask for revisions if there is something you would like to be changed. That’s how our paper writing service works.

Money-Back Guarantee. You can get up to a 100% refund if you are dissatisfied with our work. Nevertheless, we are completely sure of our writers’ professionalism and credibility that offer you hard-core loyalty to our guarantees.

Comprehensible Explanations. ‘Can someone write my paper for me and provide clarifications?’ This question arises from time to time. Naturally, we want you to be totally prepared for the upcoming battle with your professor. If you need to fill the gaps in your knowledge, you can always ask for clarifications related to your paper. Moreover, when you order ‘write my paper for me’ service, you can always turn to our support agents for assistance. They will be glad to provide you with the necessary information and comprehensible explanations.

Fast and Customer-Focused Solutions. ‘Is it possible to do my paper for me so that I don’t worry about it at all?’ It certainly is! We offer all-encompassing solutions to all your academic problems by defining issues, determining their causes, selecting proper alternatives, and ultimately solving them. You are free to do your favorite activities while we are taking care of ongoing matters. You can always rely on us when it comes to essay-writing online and taking an individual approach to every case.

Who will write my paper when I order it?

Another crucial advantage of our service is our writers. You may have asked yourself, ‘I’d like to pay someone to write a paper for me, but who exactly will that person be?’ Once you order a paper, our managers will choose the best writer based on your requirements. You’ll get a writer who is a true expert in the relevant subject, and a perfect fit is certain to be found due to our thorough procedure of selecting.

Every applicant passes a complex procedure of tests to become one of our permanent writers. First of all, they should provide their credentials.  We need to make sure that any prospective writers we hire have the proper experience.. The next step resides in passing a series of tests related to grammar, in addition to subject and/or discipline. Every paper-writer must pass them to prove their competency and their selected field of expertise.

One more step includes writing a sample to prove the ability to research and write consistently. Moreover, we always set our heart on hiring only devoted writers. When you ask us to write your essay or other academic works, you can be sure that they always do their best to provide you with well-structured and properly-written papers of high quality.

The final chord is related to special aspects of academic paper-writing. It means that every writer is prepared to cite properly, use different styles, and so on, so you don’t have to be worried about formatting at all.

‘So, can they write an ideal paper for me?’ We answer in the affirmative because we select only the best writers for our customers. Approximately 11% of all applicants can pass the whole set of tests and are ready to help you. All writers are fully compensated for their work and are highly motivated to provide you with the best results.

We are online 24/7 so that you could monitor the process of paper-writing and contact us whenever necessary. Don’t forget that your satisfaction is our priority. Our writers fully focus on your order when it comes to the ‘write my paper’ procedure. Our managers will immediately send all the information to your writer if any corrections are required.

It’s time to write my paper! What should I do?

‘I am ready to pay to have a paper written! Where do I start?’ Our team hears these words every day. We really believe that every student should be happy. That’s why we offer you to look at the simple steps to make the process even more convenient.

Every paper we can write for you is expertly-researched, well-structured, and consistent. Take a look at some types of papers we can help you with:

Questions like ‘I would like you to write a paper for me without destroying my reputation. Can you promise to do so?’ or ‘Can you write my paper for me cheap and fast?’ often arise, and we take pride that these options are included in the list. Your safety and anonymity are parts of our common priority, which is to make you fully satisfied with all offered services.

Moreover, our pricing policy is flexible and allows you to select the options that totally suit your needs at affordable prices. You will be pleased with the results and the amount of money spent on your order. Our managers and writers will do the rest according to the highest standards.

Don’t hesitate and hire a writer to work on your paper now!

We believe that students know what is best for them, and if you suppose that it is time to ‘write my paper right now,’ we will help you handle it. ‘Will you do my paper without any hesitation?’ Of course, we will. Our service has all the necessary prerequisites to complete assignments regardless of their difficulty, academic level, or the number of pages. We choose a writer who has vast experience and a breadth of knowledge related to your topic.

Our ‘write my paper for me’ service offers a wide range of extra features to make the ordering process even more pleasant and convenient. Unlike lots of other services, we provide formatting, bibliography, amendments, and a title page for free.

‘When you write my paper for me? Can I monitor the process?’ Naturally, you can. We understand that you may want to ensure that everything is going well. Furthermore, there may be situations when some corrections are needed. We believe that a tool like this can come in handy. The assigned writer will strictly follow your and your professor’s requirements to make sure that your paper is perfect.

‘Is it possible to write my essay from scratch?’ We don’t do just proofreading or editing. Our goal is to fully carry your burden of writing. When this or similar questions appear, we always assure our customers that our writers can do whatever they need. Apart from writing from scratch or editing and proofreading, our experts can effortlessly cope with problem-solving of all kinds;even sophisticated software assignments!

Our ‘write my paper for me’ service is good for everyone who wants to delegate paper-writing to professionals and save precious time that can be spent differently and in a more practical way. We want you to be happy by offering the great opportunity to forget about endless and boring assignments once and forever. You won’t miss anything if your papers become the concern of our professional writers.

Don’t waste your precious time browsing other services. We provide you with everything you need while you are enjoying yourself by doing things you really enjoy. ‘Write my paper then! Do my paper for me right now!’ If you are ready to exclaim these words with delight, we welcome you to our haven, a place where students spend their time serenely and never worry about papers! It’s your turn to have fun, whereas our mission is to provide you with the best papers delivered on time!

Questions our customers ask

Can someone write my paper for me.

Yes, we can. We have writers ready to cope with papers of any complexity. Just contact our specialists and let us help you.

Who can I pay to write a paper for me?

We will help you select a writer according to your needs. As soon as you hire our specialist, you’ll see a significant improvement in your grades.

Can I pay someone to write a paper for me?

Yes, you can. We have lots of professionals to choose from. We employ only well-qualified experts with vast experience in academic paper writing.

What website will write a paper for me?

WritePaperFor.me is the website you need. We offer a wide range of services to cover all your needs. Just place an order and provide instructions, and we will write a perfect paper for you.

Is it safe to use your paper writing service?

Our service is completely safe and anonymous. We don’t keep your personal and payment details and use the latest encryption systems to protect you.

What are you waiting for?

You are a couple of clicks away from tranquility at an affordable price!

- Will you write my paper for me? - Yes, we will.

What we offer:, let’s write a paper for you in no time, follow these 4 simple steps and solve you problem at once.

Provide details such as your topic, the number of pages, and extra requirements, and we’ll do a paper for you in no time!

Log in to your personal account to know the current status of your paper(s). You can also turn to our support team for the same purpose. Enjoy your life while we're working on your order.

As soon as we write the paper(s) for you, check it for correctness, and if everything is good to go, just download it and enjoy the results.

Our customers’ feedback

Still hesitant just look: others have already used our services and were pleased with the results.

Thank you guys for the amazing work! I got an A, and my professor was impressed. You have done the impossible, and I will never forget your help! The best service ever!

I ordered my paper two weeks ago and received it on time. The quality is very good, much better than other companies provide. My support agent is a pro, fast and simple explanations. Thanks!

I am firmly convinced that you will never disappoint me because you haven’t done it before. Amazing approaches and solutions at perfect prices! Please continue working the way you do!

I’ve been using WritePaperFor.me for about five months, and I have nothing to complain about. Excellent quality, perfect grammar, delivery on time, nice support team, pleasant prices, amazing results.

This service helped me focus on my job, and I will never forget the support I received. I’ve got a promotion in the end! Thanks a lot for everything you do for people like me!

I have to admit that searching for a reliable and professional service was a tough quest. Nevertheless, I am happy that I managed to find writepaperforme! Everything is much better than I expected!

The best bargain is just a few clicks away!

Get an original paper that doesn’t cost a fortune!

​​Still have questions?

Contact our support agents and let them help you!

Is it time to write a paper for you? Contact us and relish the highest academic performance! 

Our professionals will do their best!

You’ll write my paper for me, won’t you? We certainly will!

So tired of writing papers that you’re starting to think of your professor’s demise? Relax, we’re only joking! However, even a joke is woven with the thread of truth, and the truth is that endless assignments are constantly nagging at you and keeping you up all night long.

‘Writing my papers is unbearable!’ you may think But you’re not alone… What if we told you that we know a magical place where professionals can write your essays so perfectly that even professors’ most sophisticated requirements will be met? You’ve probably already guessed that we’re talking about WritePaperFor.me — the most delightful, facilitating, and destressing custom paper-writing service!

We are not going to be shy about our wish to see you as our steady customer. As a result, we aren’t twiddling our thumbs but permanently improving our services; we carefully select writers who always bone up on their subjects and disciplines, and we won’t rest unless you’ve gotten your ideal paper(s). All your wishes become our unshakable rules!

Why would I ask you to write paper for me?

Despite the obvious and even natural resistance to the idea of paper writing in principle that may occur with any student, you may also ask yourself, ‘Why would I need you to help me write my paper?’ The answer to this question lies in the spectrum of your routine actions. It’s not surprising that studying becomes part of our lives, but sometimes we’ve just got too much going on!

When you write an essay or academic paper, you just do one of the numerous things you face daily or weekly. This part of your life consumes lots of energy and time, so how can you possibly get around to doing other things like having fun, working, playing sports, helping relatives, and spending time with friends?

People are social creatures, and it’s only natural of us to request help from experts.. That’s why we ask doctors, electricians, or plumbers to help us! They’re all specialists. Who writes essays for you better than you do? Right, people who write numerous essays every day. We are experts in academic writing, aimed at satisfying all your needs related to education.

You just hire a professional to get a paper written, like you normally do in other situations. Our team of writers know everything about writing your paper and can cope with assignments of any complexity and academic level. Well-researched and expertly-written papers are what we do for our customers, and we always do our work professionally so that you could kick back and enjoy your life to the fullest.

The undeniable benefits of our custom paper-writing service

Apart from a paper written in accordance with the highest standards, we provide a wide range of contributory advantages to make your life easier. Let’s take a closer look at them.

Round-the-Clock Support. Our paper-writing service works day and night to help you with all current issues. Our friendly support team is available whenever you need them, even if it’s the middle of the night. They will gladly guide you and answer all your questions on how to order customized papers or consult you about the matters at hand. Feel free to share your questions or concerns with them and get comprehensible answers.

High-Class Quality. ‘Will you write a paper for me that meets all requirements?’ This question is frequently asked by many students, and we always answer in the affirmative. Our main goal is to deliver a perfectly written paper the meets the highest possible writing standards. We don’t rest unless you are satisfied with our work. If you hire a paper writer online, we guarantee you that you get 100% original and plagiarism-free assignments of high quality.

Complete Anonymity. We value your privacy and use modern encryption systems to protect you online. We don’t collect any personal or payment details and provide all our customers with 100% anonymity. ‘Can you write a paper for me and let me stay anonymous?’ Of course, we can! We are here to help you, not to cause problems.

Fast Delivery. We completely understand how strict deadlines may be when it comes to writing your paper. Even if your paper is due tomorrow morning, you can always rely on us. Our writers meet all set deadlines unequivocally. This rule is ironclad! The offered range is wide and starts from 6 hours to 2 weeks. Which one to choose is totally up to you. On our part, we guarantee that our writers will deliver your order on time.

Free Revisions. Our mission is to hone your paper to perfection. That’s why we offer you free revisions to make everything ideal and according to your needs. Feel free to ask for revisions if there is something you would like to be changed. That’s how our paper writing service works.

Money-Back Guarantee. You can get up to a 100% refund if you are dissatisfied with our work. Nevertheless, we are completely sure of our writers’ professionalism and credibility that offer you hard-core loyalty to our guarantees.

Comprehensible Explanations. ‘Can someone write my paper for me and provide clarifications?’ This question arises from time to time. Naturally, we want you to be totally prepared for the upcoming battle with your professor. If you need to fill the gaps in your knowledge, you can always ask for clarifications related to your paper. Moreover, when you order ‘write my paper for me’ service, you can always turn to our support agents for assistance. They will be glad to provide you with the necessary information and comprehensible explanations.

Fast and Customer-Focused Solutions. ‘Is it possible to do my paper for me so that I don’t worry about it at all?’ It certainly is! We offer all-encompassing solutions to all your academic problems by defining issues, determining their causes, selecting proper alternatives, and ultimately solving them. You are free to do your favorite activities while we are taking care of ongoing matters. You can always rely on us when it comes to essay-writing online and taking an individual approach to every case.

Who will write my paper when I order it?

Another crucial advantage of our service is our writers. You may have asked yourself, ‘I’d like to pay someone to write a paper for me, but who exactly will that person be?’ Once you order a paper, our managers will choose the best writer based on your requirements. You’ll get a writer who is a true expert in the relevant subject, and a perfect fit is certain to be found due to our thorough procedure of selecting.

Every applicant passes a complex procedure of tests to become one of our permanent writers. First of all, they should provide their credentials.  We need to make sure that any prospective writers we hire have the proper experience.. The next step resides in passing a series of tests related to grammar, in addition to subject and/or discipline. Every paper-writer must pass them to prove their competency and their selected field of expertise.

One more step includes writing a sample to prove the ability to research and write consistently. Moreover, we always set our heart on hiring only devoted writers. When you ask us to write your essay or other academic works, you can be sure that they always do their best to provide you with well-structured and properly-written papers of high quality.

The final chord is related to special aspects of academic paper-writing. It means that every writer is prepared to cite properly, use different styles, and so on, so you don’t have to be worried about formatting at all.

‘So, can they write an ideal paper for me?’ We answer in the affirmative because we select only the best writers for our customers. Approximately 11% of all applicants can pass the whole set of tests and are ready to help you. All writers are fully compensated for their work and are highly motivated to provide you with the best results.

We are online 24/7 so that you could monitor the process of paper-writing and contact us whenever necessary. Don’t forget that your satisfaction is our priority. Our writers fully focus on your order when it comes to the ‘write my paper’ procedure. Our managers will immediately send all the information to your writer if any corrections are required.

It’s time to write my paper! What should I do?

‘I am ready to pay to have a paper written! Where do I start?’ Our team hears these words every day. We really believe that every student should be happy. That’s why we offer you to look at the simple steps to make the process even more convenient.

Every paper we can write for you is expertly-researched, well-structured, and consistent. Take a look at some types of papers we can help you with:

Questions like ‘I would like you to write a paper for me without destroying my reputation. Can you promise to do so?’ or ‘Can you write my paper for me cheap and fast?’ often arise, and we take pride that these options are included in the list. Your safety and anonymity are parts of our common priority, which is to make you fully satisfied with all offered services.

Moreover, our pricing policy is flexible and allows you to select the options that totally suit your needs at affordable prices. You will be pleased with the results and the amount of money spent on your order. Our managers and writers will do the rest according to the highest standards.

Don’t hesitate and hire a writer to work on your paper now!

We believe that students know what is best for them, and if you suppose that it is time to ‘write my paper right now,’ we will help you handle it. ‘Will you do my paper without any hesitation?’ Of course, we will. Our service has all the necessary prerequisites to complete assignments regardless of their difficulty, academic level, or the number of pages. We choose a writer who has vast experience and a breadth of knowledge related to your topic.

Our ‘write my paper for me’ service offers a wide range of extra features to make the ordering process even more pleasant and convenient. Unlike lots of other services, we provide formatting, bibliography, amendments, and a title page for free.

‘When you write my paper for me? Can I monitor the process?’ Naturally, you can. We understand that you may want to ensure that everything is going well. Furthermore, there may be situations when some corrections are needed. We believe that a tool like this can come in handy. The assigned writer will strictly follow your and your professor’s requirements to make sure that your paper is perfect.

‘Is it possible to write my essay from scratch?’ We don’t do just proofreading or editing. Our goal is to fully carry your burden of writing. When this or similar questions appear, we always assure our customers that our writers can do whatever they need. Apart from writing from scratch or editing and proofreading, our experts can effortlessly cope with problem-solving of all kinds;even sophisticated software assignments!

Our ‘write my paper for me’ service is good for everyone who wants to delegate paper-writing to professionals and save precious time that can be spent differently and in a more practical way. We want you to be happy by offering the great opportunity to forget about endless and boring assignments once and forever. You won’t miss anything if your papers become the concern of our professional writers.

Don’t waste your precious time browsing other services. We provide you with everything you need while you are enjoying yourself by doing things you really enjoy. ‘Write my paper then! Do my paper for me right now!’ If you are ready to exclaim these words with delight, we welcome you to our haven, a place where students spend their time serenely and never worry about papers! It’s your turn to have fun, whereas our mission is to provide you with the best papers delivered on time!

Questions our customers ask

Can someone write my paper for me.

Yes, we can. We have writers ready to cope with papers of any complexity. Just contact our specialists and let us help you.

Who can I pay to write a paper for me?

We will help you select a writer according to your needs. As soon as you hire our specialist, you’ll see a significant improvement in your grades.

Can I pay someone to write a paper for me?

Yes, you can. We have lots of professionals to choose from. We employ only well-qualified experts with vast experience in academic paper writing.

What website will write a paper for me?

WritePaperFor.me is the website you need. We offer a wide range of services to cover all your needs. Just place an order and provide instructions, and we will write a perfect paper for you.

Is it safe to use your paper writing service?

Our service is completely safe and anonymous. We don’t keep your personal and payment details and use the latest encryption systems to protect you.

What are you waiting for?

You are a couple of clicks away from tranquility at an affordable price!

- Will you write my paper for me? - Yes, we will.

What we offer:, let’s write a paper for you in no time, follow these 4 simple steps and solve you problem at once.

Provide details such as your topic, the number of pages, and extra requirements, and we’ll do a paper for you in no time!

Log in to your personal account to know the current status of your paper(s). You can also turn to our support team for the same purpose. Enjoy your life while we're working on your order.

As soon as we write the paper(s) for you, check it for correctness, and if everything is good to go, just download it and enjoy the results.

Our customers’ feedback

Still hesitant just look: others have already used our services and were pleased with the results.

Thank you guys for the amazing work! I got an A, and my professor was impressed. You have done the impossible, and I will never forget your help! The best service ever!

I ordered my paper two weeks ago and received it on time. The quality is very good, much better than other companies provide. My support agent is a pro, fast and simple explanations. Thanks!

I am firmly convinced that you will never disappoint me because you haven’t done it before. Amazing approaches and solutions at perfect prices! Please continue working the way you do!

I’ve been using WritePaperFor.me for about five months, and I have nothing to complain about. Excellent quality, perfect grammar, delivery on time, nice support team, pleasant prices, amazing results.

This service helped me focus on my job, and I will never forget the support I received. I’ve got a promotion in the end! Thanks a lot for everything you do for people like me!

I have to admit that searching for a reliable and professional service was a tough quest. Nevertheless, I am happy that I managed to find writepaperforme! Everything is much better than I expected!

The best bargain is just a few clicks away!

Get an original paper that doesn’t cost a fortune!

​​Still have questions?

Contact our support agents and let them help you!

Is it time to write a paper for you? Contact us and relish the highest academic performance! 

Our professionals will do their best!

You’ll write my paper for me, won’t you? We certainly will!

So tired of writing papers that you’re starting to think of your professor’s demise? Relax, we’re only joking! However, even a joke is woven with the thread of truth, and the truth is that endless assignments are constantly nagging at you and keeping you up all night long.

‘Writing my papers is unbearable!’ you may think But you’re not alone… What if we told you that we know a magical place where professionals can write your essays so perfectly that even professors’ most sophisticated requirements will be met? You’ve probably already guessed that we’re talking about WritePaperFor.me — the most delightful, facilitating, and destressing custom paper-writing service!

We are not going to be shy about our wish to see you as our steady customer. As a result, we aren’t twiddling our thumbs but permanently improving our services; we carefully select writers who always bone up on their subjects and disciplines, and we won’t rest unless you’ve gotten your ideal paper(s). All your wishes become our unshakable rules!

Why would I ask you to write paper for me?

Despite the obvious and even natural resistance to the idea of paper writing in principle that may occur with any student, you may also ask yourself, ‘Why would I need you to help me write my paper?’ The answer to this question lies in the spectrum of your routine actions. It’s not surprising that studying becomes part of our lives, but sometimes we’ve just got too much going on!

When you write an essay or academic paper, you just do one of the numerous things you face daily or weekly. This part of your life consumes lots of energy and time, so how can you possibly get around to doing other things like having fun, working, playing sports, helping relatives, and spending time with friends?

People are social creatures, and it’s only natural of us to request help from experts.. That’s why we ask doctors, electricians, or plumbers to help us! They’re all specialists. Who writes essays for you better than you do? Right, people who write numerous essays every day. We are experts in academic writing, aimed at satisfying all your needs related to education.

You just hire a professional to get a paper written, like you normally do in other situations. Our team of writers know everything about writing your paper and can cope with assignments of any complexity and academic level. Well-researched and expertly-written papers are what we do for our customers, and we always do our work professionally so that you could kick back and enjoy your life to the fullest.

The undeniable benefits of our custom paper-writing service

Apart from a paper written in accordance with the highest standards, we provide a wide range of contributory advantages to make your life easier. Let’s take a closer look at them.

Round-the-Clock Support. Our paper-writing service works day and night to help you with all current issues. Our friendly support team is available whenever you need them, even if it’s the middle of the night. They will gladly guide you and answer all your questions on how to order customized papers or consult you about the matters at hand. Feel free to share your questions or concerns with them and get comprehensible answers.

High-Class Quality. ‘Will you write a paper for me that meets all requirements?’ This question is frequently asked by many students, and we always answer in the affirmative. Our main goal is to deliver a perfectly written paper the meets the highest possible writing standards. We don’t rest unless you are satisfied with our work. If you hire a paper writer online, we guarantee you that you get 100% original and plagiarism-free assignments of high quality.

Complete Anonymity. We value your privacy and use modern encryption systems to protect you online. We don’t collect any personal or payment details and provide all our customers with 100% anonymity. ‘Can you write a paper for me and let me stay anonymous?’ Of course, we can! We are here to help you, not to cause problems.

Fast Delivery. We completely understand how strict deadlines may be when it comes to writing your paper. Even if your paper is due tomorrow morning, you can always rely on us. Our writers meet all set deadlines unequivocally. This rule is ironclad! The offered range is wide and starts from 6 hours to 2 weeks. Which one to choose is totally up to you. On our part, we guarantee that our writers will deliver your order on time.

Free Revisions. Our mission is to hone your paper to perfection. That’s why we offer you free revisions to make everything ideal and according to your needs. Feel free to ask for revisions if there is something you would like to be changed. That’s how our paper writing service works.

Money-Back Guarantee. You can get up to a 100% refund if you are dissatisfied with our work. Nevertheless, we are completely sure of our writers’ professionalism and credibility that offer you hard-core loyalty to our guarantees.

Comprehensible Explanations. ‘Can someone write my paper for me and provide clarifications?’ This question arises from time to time. Naturally, we want you to be totally prepared for the upcoming battle with your professor. If you need to fill the gaps in your knowledge, you can always ask for clarifications related to your paper. Moreover, when you order ‘write my paper for me’ service, you can always turn to our support agents for assistance. They will be glad to provide you with the necessary information and comprehensible explanations.

Fast and Customer-Focused Solutions. ‘Is it possible to do my paper for me so that I don’t worry about it at all?’ It certainly is! We offer all-encompassing solutions to all your academic problems by defining issues, determining their causes, selecting proper alternatives, and ultimately solving them. You are free to do your favorite activities while we are taking care of ongoing matters. You can always rely on us when it comes to essay-writing online and taking an individual approach to every case.

Who will write my paper when I order it?

Another crucial advantage of our service is our writers. You may have asked yourself, ‘I’d like to pay someone to write a paper for me, but who exactly will that person be?’ Once you order a paper, our managers will choose the best writer based on your requirements. You’ll get a writer who is a true expert in the relevant subject, and a perfect fit is certain to be found due to our thorough procedure of selecting.

Every applicant passes a complex procedure of tests to become one of our permanent writers. First of all, they should provide their credentials.  We need to make sure that any prospective writers we hire have the proper experience.. The next step resides in passing a series of tests related to grammar, in addition to subject and/or discipline. Every paper-writer must pass them to prove their competency and their selected field of expertise.

One more step includes writing a sample to prove the ability to research and write consistently. Moreover, we always set our heart on hiring only devoted writers. When you ask us to write your essay or other academic works, you can be sure that they always do their best to provide you with well-structured and properly-written papers of high quality.

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Credit Suisse's biggest backer says can't put up more cash; share down by a fifth

A logo is pictured on the Credit Suisse bank in Geneva,

[1/2]   A logo is pictured on the Credit Suisse bank in Geneva, Switzerland, February 22, 2023. REUTERS/Denis Balibouse//File Photo

RIYADH, March 15 (Reuters) - The head of Credit Suisse Group's largest shareholder, Saudi National Bank (SNB) (1180.SE) , said on Wednesday it would not buy more shares in the Swiss bank on regulatory grounds.

"We cannot because we would go above 10%. It’s a regulatory issue," SNB chairman Ammar Al Khudairy said in an interview with Reuters. The Saudi bank holds a 9.88% stake in Credit Suisse, according to Refinitiv data.

Trading in the Swiss bank's shares was halted late morning as they fell by a fifth to fresh record lows, having been pummelled earlier in the week in market fallout from the collapse of Silicon Valley Bank (SIVB.O) .

Switzerland's second-biggest bank is seeking to recover from a string of scandals that have undermined the confidence of investors and clients. Customer outflows in the fourth quarter rose to more than 110 billion Swiss francs ($120 billion).

Al Khudairy said SNB was happy with Credit Suisse's turnaround plan and did not think it would need more money, but also described his bank's investment as an opportunistic one that was not time-dependent. The Saudi bank would exit when proper value to the shares had been acquired, he added.

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At 1046 GMT, Credit Suisse shares were trading down 20% at 1.7840 Swiss francs

"We are happy with the plan, the transformation plan that they have put forward. It is a very strong bank," Al Khudairy said on the sidelines of a conference in Riyadh.

"I don't think they will need extra money; if you look at their ratios, they're fine. And they operate under a strong regulatory regime in Switzerland and in other countries."

The Saudi lender acquired a stake of almost 10% last year after it took part in Credit Suisse's capital raising and committed to investing up to 1.5 billion Swiss francs ($1.5 billion).

Credit Suisse on Tuesday published its annual report for 2022 saying the bank had identified "material weaknesses" in controls over financial reporting and not yet stemmed customer outflows.

Our Standards: The Thomson Reuters Trust Principles.

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European bank stocks fell sharply on Wednesday, with embattled Credit Suisse tumbling to a new low, on renewed investor concerns about stresses within the sector triggered by Silicon Valley Bank's sudden collapse.

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