business excellence booklet proof-01
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FINANCE<br />
With an initial start up <strong>business</strong> cost in July 2<strong>01</strong>5 of less than $5000, Crew<br />
Faced has reinvested all profits to to expand its core infrastructure &-<br />
-finance construction of a larger studio in 2<strong>01</strong>9<br />
-increase retail stock<br />
-purchase equipment<br />
-advertise & fund attendance at expo’s<br />
-attend industry training<br />
-offer charity donations<br />
-re-brand & expand brand visibility – all without incurring debt.<br />
Jess launched Crew Faced at a savvy price point to attract clientele. An<br />
increase in demand for services has resulted in Crew Faced being able to<br />
increase service prices by 33% whilst remaining a minimum of 25% cheaper<br />
than her competitors.<br />
Weekly contact with KDF book keeping services ensures invoicing &<br />
payment of all staff whilst alleviating payroll queries with Jess directly &<br />
allowing her to focus on the front end of <strong>business</strong>.<br />
Expenditure 2<strong>01</strong>8 with the introduction of wages & book keeping services.