Financial plan and growth
Our start-up money will be obtained through a loan from the bank, and we plan on being able to pay back the loan within 2 years. We are projected to spend about $50 extra to install the heaters, and we are going to sell them for $300, a $230 profit on each pair of Uggs.
These Uggs Electric boots will be sold exclusively online, but after a year or so they will be available in any retail store that carries Ugg Australia products. This heated boot is expected to be extremely popular, as many have complained about how cold their feet get in the winter.
These Uggs Electric boots will be sold exclusively online, but after a year or so they will be available in any retail store that carries Ugg Australia products. This heated boot is expected to be extremely popular, as many have complained about how cold their feet get in the winter.