LayZee Bean Bags Setting Up a Business?

Renzil D’cruz

http://RenzilDe.com http://about.me/renzilde

http://linkedin.com/in/renzilde

Index

• Introduction information about Bean Bags

• General Company Description: LazzyBean Bags

• Products and Services

• Productions and Manufacturing Process

• Operations Plan

• Utilizing Human Resource

• Marketing strategies and Sales Plan

• Financial Plan

• SWOT Analysis

Introduction information about Bean Bags • What is Bean bag?

• Who uses it?

• Why to use it?

• Where to use it?

• How to use it?

Renzil D’cruz

http://RenzilDe.com http://about.me/renzilde

http://linkedin.com/in/renzilde

About Lazzy Bean

• Mission : To provide the Comfort to ordinary folk and chance to buy the same thing as rich people.

• A LayZeeBeanBags dedicated to showing products designed, developed, manufactured and marketed at LayZeeBags.com.

• So if you're looking for a high quality, hand made, well designed and fun bean bag then look no further than LayZeeBags.com

Products and Services I. Materials/Cloths

/Leather Used:

• Velvet

• Leather

• Cotton twill

• Denim

• Suede

• Nylon

• Vinyl

•

II. Filling Material

• Polystyrene pellets

• PVC pellets

• Thermocol balls (Confities)

• Foam/Wool

• Water Slabs

• Sponge

III. Support(Additional)

• Sponge Back

• Settle back

• Bottom sand

• Handles and Support

• Sit backs and covers

Services

Custom Design

• Based on color

• Based on style

• Based on type

• Based on design

• Based on other features

Main Types

Sacks:

• 3.5 ft: One child or one small teenager

• 5 ft: One adult or two children

• 6 ft: OUR MOST POPULAR PRODUCT - One adult , two adults sitting closely, one adult and two small children

• 7 ft: Two adults or three small children

• 8 ft: Four adults or whole family…this product is MASSIVE!

• Huge Pillow

• One adult or two small children

• Comfy Pad

• Two adults or two children

• ** Pets also love the Comfy Sacks so don't leave them out!

Loungers:

• 5 ft: One child lying down, two children or one adult

• 6 ft: STAFF FAVORITE - One adult lying down, two adults sitting comfortably side by side, two adults and a child, three children

• 7.5ft: two adults lying down, three adults sitting side by side, four children sitting side by side.

Various Sizes and Pattern

Attractive Color and Attractive Design

Customizable and Adjustable

Services

• bean bag fillings are mostly comprised of polystyrene pellets or PVC pellets.

Customized Style and Design

Embroidery bean bags and other styles

General Preference Size Sack Dimensions* Weight

3.5 ft Sack 3.5ft x 3.5ft x 2.5ft 7Kg

5 ft Sack 5ft x 5ft x 2.5ft 10Kg

6 ft Sack 6ft x 6ft x 3ft 12Kg

7 ft Sack 7ft x 7ft x 3ft 15Kg

8 ft Sack 8ft x 8ft x 3ft 18Kg

5 ft Lounger 5ft x 3ft x 3ft 7.5Kg

6 ft Lounger 6ft x 3.5ft x 3.5ft 10Kg

7.5 ft Lounger 7.5ft x 3.5ft x 3.5ft 15Kg

3 in 1 Sack -

(Comfy Pad) 6ft x 6 ft x 1ft 12Kg

Pillow Sack 4.5ft x 5.5ft x 1ft 9Kg

Website

Web Presence

Renzil D’cruz

http://RenzilDe.com http://about.me/renzilde

http://linkedin.com/in/renzilde

Operations :Supply Chain Manangement

Making a Bean Bag:Process

• Fabric Relaxing

• Spreading, Form Layout, and

Cutting

• Embroidery and Screen Printing

and designing

• Sewing

• Spot Cleaning and Laundry

• Filling and Testing

• Packaging and Shipping

Renzil D’cruz

http://RenzilDe.com http://about.me/renzilde

http://linkedin.com/in/renzilde

Human Resource

• Requirement (Need?)

• Recruitment

• Training

• Retention and Motivation

• Education and Provision

• Additional Skills

Renzil D’cruz http://RenzilDe.com

http://about.me/renzilde http://linkedin.com/in/renzilde

Salaries Roughly (Per Month)

• Marketing/Sales/Finance Executive : Rs.10,000 to Rs.15,000

• Labour(Cutting/ sewing/Other) : Rs.3,500 to Rs.10,000

• Delivery and cleaner : Rs.5,000 to Rs.10,000

Production Cost: (Bean bag beds qt.10000 approx)

• Schedule of Cost of Goods Manufactured Direct Materials:

• Beginning raw materials inventory Rs.2 lakh

• Add: Purchases of raw materials

• Raw materials available for use

• Less: Ending raw materials inventory

• Raw materials used in production

• Direct Labour Rs. 1 lakh

• Manufacturing overhead:

• Indirect labour Rs.50000/-

• Machine rental Rs.1 lakh

• Utilities factory Rs.75000/-

• Supplies

• Depreciation, factory

• Property taxes, factory Rs.10000/-

• Total overhead costs Rs.1,50,000/-

• Total manufacturing cost

• Add: Beginning work in process

•

• Less: Ending work-in-process

• Cost of goods manufactured Rs. 6.85 lacs.

Product Cost:

• Type Price (In ₹)

• Small chair 800-1500

• Extra large chair 1500 & above

• High quality leather 5000 & above

• Comfortable sofa 4000 & above

SWOT Analysis

• Strengths:

• Unique Product

• Line Extension

• Online Presence

• Comparative Less Pricing

• Weakness:

• Low Finance

• Competitive Pricing

• Not suitable for long use

• Opportunity:

• Customization

• Color and shapes variation

• Bed extension

• Threats:

• Strong Competitor

• International Competition

• Fancy Furniture in market

Renzil D’cruz

http://RenzilDe.com http://about.me/renzilde

http://linkedin.com/in/renzilde

Thank You. • Questions ???

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• Concerns !!!

Thank You. • Questions ???

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• Concerns !!!

Thank You. • Questions ???

• Comments #@$%

• Concerns !!!

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