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Fashion On-the-Go The Only Shop Truck that Goes to School Campuses Diana Liu, Lucy Luo, Lauren Schmidtke, Bretty Krutiansky November 21 st 2013

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Sustaining Business In a New Economy

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Page 1: Fashion On the Go

Fashion On-the-Go The Only Shop Truck that Goes to School Campuses

Diana Liu, Lucy Luo, Lauren Schmidtke, Bretty Krutiansky November 21st 2013

5% of Undergrads in 14 universities

Page 2: Fashion On the Go

2

Table of Contents

Executive Summary ………………………………………………………………………….. Pages 3-4

Product Description ………...……………………………………………………………………….. 5-8

Target Market Analysis ………...………………………………………………………………….. 9-11

Industry Analysis ………...……………………………………………………………………….. 12-13

Value Proposition ………...……………………………………………………………………….. 14-16

Competitors ………...………………………………………………………….………………….. 17-18

SWOT ………...…………………………………………………………………………………… 19-20

Finance: Three-Year Projection ………...………………………………………………………. 21-25

Human Resources ………...………………………………………………………………………. 26-28

Supply Chain and Operations ..………………………………………………………………….. 29-30

Appendix

Resume ………...…………………………………………………………………… 31-35

Survey Results………...……………………………………………………………. 36-39

Calculations …..……………………………………………………………………. 40-41

PowerPoint Slides………...………………………………………………………... 42-49

Work Cited ………...……………………………………………………………………………… 50-52

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Executive Summary

What does every college student seem to not have? Time. What does every college student like

to do? Shop. What is the solution? Fashion On-the-Go. Fashion On-the-Go is a promotional service for

companies like TJX. It is essentially a mobile shop that will sell a retailer’s merchandise on college

campuses beginning in the greater Boston area. College students are highly desirable target market.

They have $284 billion of disposable income and spend approximately $13.1 billion on clothing and

shoes annually. Fashion On-the-Go’s main objective is to introduce college students to company brand

names, such as TJX, and encourage them to make purchases in the brick and mortar stores. Fashion On-

the-Go is assisting these companies gain entry into the college student market.

Not only does Fashion On-the-Go strive to introduce a company’s brand to college students, it

also works to ensure that these students will enter the brick and mortar stores and become loyal

customers. Fashion On-the-Go will offer a gift card raffle for those customers of the mobile shop who

actually enter a brick and mortar store with their receipt. This will help companies such as TJX track the

number of Fashion On-the-Go customers who actually enter their stores.

Fashion On-the-Go and pop-up stores are a relatively new trend in the United States. Both are

just starting to gain publicity as more companies start to realize the value of these methods of operation.

The “pop-up retail” trend has accounted for more than $ 8 billion of sales revenue in 2010. There are

currently five other fashion trucks in the Boston area, but Fashion On-the-Go will be the first to market

in the sense that it will be the only fashion truck to partner with a major corporation to sell their

merchandise. This will allow the customers the convenience of a mobile shop while also providing them

the reliability of a brick and mortar store.

It is estimated that even if we only capture 5% of our target market, Fashion On-the-Go will

generate $1.18 million of revenue for TJX specifically during the first year of operation. TJX will

receive all sales revenue earned from their merchandise in the Fashion On-the-Go trucks. As Fashion

On-the-Go will expand to other college outside of Massachusetts and into the New England area, it will

generate approximately $2.5 million of revenue every year for the TJX. In addition to the revenue that

TJX receives from sales, it is estimated that 6,737 college students will visit a TJX brick and mortar

store to be entered in a raffle during the first year of operation. That number will be increased to 14,243

college students during the second year. From this, TJX will gain 1,424 loyal customers, who will

potentially generate lifetime sales of $5.98 million.

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Fashion On-the-Go has a startup cost of approximately $73,000. This cost includes the cost to

purchase and renovate a 24-foot truck. Owner’s equity and a loan of $33,000 will cover the startup costs.

Fashion On-the-Go will charge companies $200,000 for the first truck as promotional fee. This money is

used to introduce a brand to 240,000 college students in the Massachusetts area, of which 11,000 are in

Boston.

Fashion On-the-Go brings the newest shopping trend onto college campus in order to enhance

college students’ shopping experiences. Fashion On-the-Go offers convenience, a variety of apparel, and

stellar service for our customers.  

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Product Description

What does every college student like to do? Shop. What do colleges not like to spend a lot of?

Money. What is the one-thing a college student values most? Convenience. What does every college

student not have enough time of? Time. What is the solution to all of these problems for college

students? Fashion On-the-go. Fashion On-the-Go is a mobile fashion truck following the tendencies of a

pop-up store, operating from August to November and February to mid May, which enriches the

shopping experience for college students. It has the tendencies of a pop-up store because it will follow a

more “random schedule” then a mobile fashion truck does. Our truck will be visiting many schools so by

the time it revisits a school it would have already been two weeks giving the impression of a pop-up

store. We plan to run a promotional service for TJX that also sells TJX products. Fashion On-the-Go

will go to a different college campus in the Boston area each day during the week. This truck will act as

a mobile TJX store, selling items from the three TJX stores: Marshall’s, HomeGoods, and T.J.Maxx.

The mobile store will only carry products designed for the target market, which is the undergraduate

population in the Boston area. Fashion On-the-Go’s schedule for visiting the campuses around Boston is

not going to be standardized. After visiting six of the pre-determined universities, the management team

is going to take a day off each Sunday to restock inventory. Since we are restocking our truck every

couple days it increases the unpredictability of our inventory and enhances the treasure hunt experience

that TJX currently prides itself in its brick and mortar stores. We will charge TJX a flat fee to market

their brand name and sell their products on college campuses.

Using the management team’s experience as current undergraduate college students and their

insight as to what is popular among the college student demographic, Fashion On-the-Go’s team will

personally choose products that are of the latest trend for college students from TJX’s inventory. The

selected merchandise will then be sold on the Fashion On-the-Go truck. By doing so, it not only

increases sales for TJX, but also increases exposure of college students to the TJX brand. Although

space is a restriction that limits the amount of products that we can carry, the fashion truck model

enhances the “treasure hunt” experience. Inventory in the truck, supplied by TJX, will be expected to

turnover at least once a week, which means that there will be different products weekly. The

management team will go to TJX distribution center located in Massachusetts to pick up new inventory

at the end of the week. We will go to Worcester, MA for TJ Maxx products, Woburn, MA for Marshalls

products, and Bloomfield, CT for HomeGoods products. Since the HomeGoods distribution center is a

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bit further away, the management team will go there at the end of each month. When going to

Bloomfield, more HomeGoods products will be stocked up, since the trends are not likely to change as

much and we will not be going there as often. Just as the management team will be responsible for

driving the truck from campus to campus, and bringing inventory from the distribution centers.

Table 1: Sample Sales Schedule for Fashion On-the-Go at the Fourteen Respective Universities for

an Entire Month in Year 1

Sunday Monday Tuesday Wednesday Thursday Friday Saturday

1

Restock Inventory

+ Rest Day

2

Northeastern

12pm - 5 pm

3

Boston College

12pm - 5 pm

4

Harvard

12pm - 5 pm

5

UMass Boston

12pm - 5 pm

6

MIT

12pm - 5 pm

7

Tufts

12pm - 5

pm

8

Restock Inventory

+ Rest Day

9

Boston University

12pm - 5 pm

10

Bentley

12pm - 5 pm

11

Wentworth

12pm - 5 pm

12

Suffolk

12pm - 5 pm

13

Wellesley

12pm - 5 pm

14

Emerson

12pm - 5

pm

15

Restock Inventory

+ Rest Day

16

Bunker Hill

12pm - 5 pm

17

Berklee

12pm - 5 pm

18

Northeastern

12pm - 5 pm

19

UMass Boston

12pm - 5 pm

20

Boston

College

12pm - 5 pm

21

Harvard

12pm - 5

pm

22

Restock Inventory

+ Rest Day

23

MIT

12pm - 5 pm

24

Wentworth

12pm - 5 pm

25

Bentley

12pm - 5 pm

26

Tufts

12pm - 5 pm

27

Emerson

12pm - 5 pm

28

Boston

University

12pm - 5

pm

29

Restock Inventory

+ Rest Day

30

Suffolk

12pm - 5 pm

31

Wellesley

12pm - 5 pm

We will have 2-3 part time employees the second year when we buy a second truck and start to

expand the markets we engage in, as we will start visiting more campuses. The sales associates on the

truck will be students from the college at which Fashion On-the-Go is parked. Fashion On-the-Go will

be promoted through the sales associates from each of the different universities around the Boston area.

Fashion On-the-Go will be promoted by the age-old practice of “word of mouth” and by sales associates

telling their friends when the truck is on campus.

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After one year of business we plan on expanding our base of operations. We plan on purchasing

a second truck, which will go visit a different set of schools, all the while the first truck maintains the

same or a similar schedule.

Table 2: Sample Sales Schedule for Second Fashion On-the-Go for an Entire Month in Year 2

Sunday Monday Tuesday Wednesday Thursday Friday Saturday

1

Restock Inventory

+ Rest Day

2

Clark

12pm - 5 pm

3

Amherst

12pm - 5 pm

4

UConn

12pm - 5 pm

5

Dartmouth

12pm - 5 pm

6

Babson

12pm - 5 pm

7

Brown

12pm - 5 pm

8

Restock Inventory

+ Rest Day

9

Wesleyan

12pm - 5 pm

10

New Hampshire

12pm - 5 pm

11

UMass

Dartmouth

12pm - 5 pm

12

Rhode Island

12pm - 5 pm

13

UMass Lowell

12pm - 5 pm

14

Yale

12pm - 5 pm

15

Restock Inventory

+ Rest Day

16

Babson

12pm - 5 pm

17

Dartmouth

12pm - 5 pm

18

Clark

12pm - 5 pm

19

UConn

12pm - 5 pm

20

Brown

12pm - 5 pm

21

Amherst

12pm - 5 pm

22

Restock Inventory

+ Rest Day

23

UMass Lowell

12pm - 5 pm

24

Rhode Island

12pm - 5 pm

25

UMass

Dartmouth

12pm - 5 pm

26

Yale

12pm - 5 pm

27

Wesleyan

12pm - 5 pm

28

New

Hampshire

12pm - 5 pm29

Restock Inventory

+ Rest Day

30

UConn

12pm - 5 pm

31

Babson

12pm - 5 pm

To show TJX that the Fashion On-the-Go service does indeed build a new group of customers

from a new target market, we will have a receipt raffle at TJX stores. Customers from the truck will be

able to take their receipt to any TJX store in the Boston area and put their name in a raffle for a $200

TJX gift card. Fashion On-the-GO will be purchasing one TJX gift card and award it monthly to the

winner of the raffle draw. By looking at the numbers from the raffle, TJX will be able to see how

effective the truck campaign is. According to a survey conducted at Northeastern University, about 70%

of the students would be enticed to go to a TJX store and be entered in a raffle if the gift card is $200.

This shows that if we offer a high value gift card, many students will be willing to go to a local TJX

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store. This will increase exposure of the TJX brand name to a demographic of people that is not

influenced by current TJX marketing strategies.

Figure 1: Exterior and Interior Layout of Fashion On-the-Go

We plan on purchasing a used 24-foot truck and redesigning the outside to be an advertisement

for the three different stores; it will be colored red and blue for the three TJX companies. The inside will

be refurbished to look like a store: the sides of the truck will have the products for sale and a cash

register. We will put our truck on the prime locations of each of the college campuses once we get

approved permits. In summary, Fashion On-the-Go is a promotional truck that will sell products from all

three TJX stores; aside from this, Fashion On-the-Go truly aims to gain brand awareness in order to

open up TJX to new markets.

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Target Market Analysis

The U.S. Census Bureau estimated that there are 19.7 million college students in 2013, as

compared to the 14.4 million in 1990. The number of college students has increased by 5 million over

the past 20 years; on average, college enrollment increased by 25,000 students annually. This suggests

that college students are an emerging consumer base and are a growing market force. In addition, at least

75% of all college students have part-time jobs. Through their part-time jobs and their family’s

contributions, the monthly income of a college student is approximately $1,200. By multiplying that

number by twelve months in a year and by 19.7 million college students in the U.S., it is estimated that

college students have $284 billion1 of disposable income each year.

Boston is chosen as the location in which Fashion On-the-Go will operate because of the

numerous colleges located there. Boston has about 250,000 college students and is known as a college

town; the students there have a combined total of approximately $3.6 million2 of disposable income. For

the first year, Fashion On-the-Go is going to be focused on fourteen colleges: Boston University,

Northeastern University, Bunker Hill Community College, University of Massachusetts Boston, Boston

College, Harvard, Brandeis University, Suffolk University, Tufts, MIT, Berklee College of Music,

Bentley College, Wentworth Institute of Technology, and Wellesley University. These colleges were

selected because they have the largest undergraduate population in the Boston area. Fashion On-the-

Go’s target market mainly consists of undergraduate students because graduate students might not live

on campus and may not be as exposed to Fashion On-the-Go. There are 112,290 undergraduates in these

fourteen universities in total, which comprises of the target market of Fashion On-the-Go for the first

year.

Table 3: Undergradate Allocation Across Fourteen Targeted Universities

College Number of Undergraduate Students

Boston University 18,306

NEU 16,685

Bunker Hill Community College 12,934UMass Boston 12,124Boston College 9,110

1 $1200 x 19.7 million = $283.68 billion2 $1200 x 250,000 = $3.6 million

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Harvard 6,676Brandeis College 5,828Suffolk University 5,770Tufts 5,255MIT 4,503Berklee College of Music 4,447Bentley College 4,168Wentworth Institute of Technology 4,003Wellesley College 2,481Total 112,290

Figure 2: College Student Market Segmentation to Derive Fashion On-the-Go’s Target Market

During the second year, Fashion On-the-Go will purchase another truck, which will go to 16

other universities that are located near Massachusetts. These colleges include: Amherst College,

University of Massachusetts- Amherst, Brown University, Rhode Island School of Design, Johnson &

Wales University, University of Connecticut, Yale University, Dartmouth College, Wesleyan

University, Babson College, University of New Hampshire, Clark University, College of Holy Cross,

University of Rhode Island, University of Massachusetts- Dartmouth, and University of Massachusetts-

Lowell. These colleges have a combined population of 125,097 undergraduate students.

Massachusetts 460,518

Boston 250,000

14 universities

112,290

5,6155% of Undergrads in 14 universities

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Table 4: Undergradate Allocation Across 16 Targeted Universities

College Number of Undergraduate StudentsAmherst College 1,821UMass Amherst 21,928Brown University 6,435Rhode Island School of Design 1,971Johnson & Wales University 9,525University of Connecticut 17,528Yale University 5,405Dartmouth College 4,193Wesleyan University 2,940Babson College 2,015University of New Hampshire 12,811Clark University 2,352College of Holy Cross 2,926University of Rhode Island 13,398UMass Dartmouth 7,562UMass Lowell 12,287Total 125,097

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Industry Analysis

College students have a purchasing power of $284 billion this year, out of which $13.1 billion is

spent on clothing and shoes and this trend has been increasing steadily over the past three years. From

2009-2012, college student spending on clothing and apparel increased by 126%. According to the

National Retail Federation’s Back-to-School Consumer Intentions and Actions Survey, on average, each

college individual plans to spend $123 on clothing and accessories, $66 on shoes, and $43 on branded

merchandise. This suggests that each individual will allocate approximately $2323 to spend during late

August and early January. For students in the fourteen universities alone, it is estimated that $26 million4

would be spent at the beginning of each calendar year. By operating Fashion-on-the-Go, we can help

TJX capture some of this spending power of this new demographic of students.

According to the OnCampus Research’s Back to School Survey, 57.2% of college students admit

to buying more branded merchandise. Also, 75.3% of all college students who took the survey said that

they compare the prices of the product before buying. Eighty-three percent of these students said that

instead of compulsive buying, they wait for sales to take place.

A survey conducted by LIM College students showed similar results. It has been shown that

most college students do not make impulse purchases. In fact, 66% of them think about the price of the

product before actually making the purchase. In addition, more than 68% of college students prefer to

shop in a brick and mortar store instead of online. This is because they would like to actually touch and

try the clothing on.

Fashion on-the-Go is an extension to the new “pop-up retail” trend that has been coined by

trendwatching.com. This trend has been very popular over the last three years. According to IBISWorld,

from 2009 to 2012 the number of pop-ups has increased by about 16%. In addition, a Specialty Retail

Report has suggested that pop-up stores accounts for $8 billion of sales revenue in 2010. It’s not just the

small businesses that are engaged in this new trend BMW’s MINI has also opened up pop-up stores; this

shows how popular “pop-up retailing” has become and how people respond to these temporary stores.

Due to popularity of this trend, shopping centers might give short-time retailers 40% discount on rent if

they sell their merchandise there. This shows how the trend is impacting the industry and how “hot”

pop-up retailing has become.

3 $123+$66+ $43= $2324 $232 x 112,290 = $26 million

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Fashion-On-the-Go will be a success on college campuses since we offer off-price branded

products provided by TJX stores that are of great quality and price. This reflects TJX’s FBQP model,

Fashion, Brand, Quality, and Price. According to the statistics above, college students place heavy

emphasis on purchasing branded merchandise and clothes in fashion and are conscious of the clothing’s

price and quality. Finally, we are building onto a trend that appears to be highly popular.

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Value Proposition- What Does TJX Gain?

Fashion On-the-Go introduces the TJX brand to a new demographic of shoppers through the

newest shopping trend: fashion trucks. Fashion trucks are considered an extension of pop-up retailers; a

term coined by trendwatching.com back in 2004. Fashion trucks builds on the existing trends of planned

spontaneity and massclusivity. According to trendwatching.com, planned spontaneity is the trend to

“make spontaneous decisions to go somewhere or to do something.” Massclusivity refers to “exclusivity

for the masses.” The number of pop-up retailers has grown from 2,043 in 2009 to 2,459 in 2013, which

indicates a 20% increase over the last four years. It is currently an $8-billion dollar industry. Moreover,

pop-up retail, according to trendwatching.com, is an emerging trend that is here to stay. In the United

States there are currently registered 58 fashion trucks and the number continues to grow, according to

the American Mobile Retail Association. Through Fashion On-the-Go promotional service, TJX will be

the first fashion truck that offers branded merchandise from a national retailer.

As seen in the industry analysis, spending on clothing and shoes by college students has

increased by 126% between 2009 and 2012 and is now valued at $13.1 billion in 2013, indicating the

size and potential of this demographic. Fifty-seven percent of college students are inclined to purchase

branded merchandise. An article published in the New York Times highlighted that campuses are now

similar to runways, emphasizing the importance of fashion to college students. Although college

students value brand and fashion, research also shows that students are more price and quality

conscious. Through the interests of college shoppers, TJX’s business model of Fashion, Brand, Price and

Quality is a perfect fit for this target market.

Fashion On-the-Go conducted a survey in October of 2013; one hundred undergraduate college

students were surveyed. Ninety-four percent indicated that they would shop at a mobile fashion truck.

Fashion On-the-Go will primarily carry TJX apparel, which, based on the research above, appeal to our

target market, college students. Fashion On-the-Go will open up TJX to this new demographic of

shoppers that share the same FBQP values. Initially, Fashion On-the-Go will target 14 colleges in the

Boston area, exposing TJX’s FBQP to 112,290 students in the first year and eventually 460,518

undergraduates in the Massachusetts area. In the second year, Fashion On-the-Go will be expanding to

16 colleges around the Massachusetts area. The total undergraduate population from these 16 colleges is

125,097; therefore, by the end of the second year over 237,387 college students who value fashion,

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brand, quality, and price will be exposed to the TJX brand. Fashion On-the-Go helps TJX reach an ideal

market with an influential purchasing power that would have been untapped.

Fashion On-the-Go also sells TJX products in addition to promoting the TJX brand name. Based

on the projection that we will capture 5% of target market (112,290) monthly and that each individual

spends $35, the clothing sold through Fashion On-the-Go initially will generate sales of $589,5755 per

season, each three month period. During the first year, Fashion On-the-Go will sell $1,179,0466 of TJX

merchandise. In addition, this $1,179,046 is coming from a new market. A very conservative estimate of

5% was used compared to the survey results, which indicated that 72% of 44 participants who answered

that they would purchase from a fashion truck. Although the average TJX shopper spends $50, Fashion

On-the-Go took the lower end and estimated that each college student shopper will only spend $35 per

visit. Moreover, in the next year, the second fashion truck will generate $656,7597 seasonally, and

therefore, $1,313,5188 annually. These numbers are based on the same projection that Fashion On-the-

Go will capture 5% of the target market (125,097) monthly and that each individual spends $35.With

two trucks operating during the second year, TJX will earn $1,246,2829 for each season and a total of

$2,492,56410 each year. Although, we acknowledge that TJX could have made these sales through their

brick and mortar stores, Fashion On-the-Go has higher inventory turnover rates compared to the actual

stores and will be selling the TJX products to new costumers base.

When analyzing the advertising campaign of major retailers, such as TJX, the advertising to sales

ratio in the retail industry is somewhere between 2% to 5%. In 2009, TJX spent 105 million dollars on

sales, making their advertising to sales ratio 1.3%. Although TJX emphasizes advertising, the company

is lean when it comes to advertising and promotional. In order to run one truck, Fashion On-the-Go will

only be charging $200,000 annually to provide the service. This fee is only 0.24% of what TJX spends

on advertising; however, this promotional fee will guarantee a new target market. In order to prove to

TJX that the fashion truck is expanding TJX’s customer base, Fashion On-the-Go is offering a monthly

receipt raffle of $200. Based on the first survey results, 77% of the 100 participants indicated interests in

shopping at a TJX store if a gift card was offered. In the first year, Fashion On-the-Go estimates that 5%

of the 112,290 students on the fourteen campuses in the Boston area will purchase from TJX. If a

conservative estimate is made that 20% of those who shop at Fashion On-the-Go enter for the TJX

5 112,290 students x 5% x $35 X 3 months = $589,523 seasonally6 $ 589, 523 x 2 seasons= $ 1,179,046 annually7 125, 097 students x 5% x $35 x 3 months = $656,759 seasonally8 $ 656, 756 x 2 seasons = 1,313,518 annually9 $589,523 + $656,759 = $1,246,282 seasonally 10 $1,246,282 x 2 seasons = $2,492,564

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raffle, then each month 112311 college students will visit a TJX brick and mortar store and 673712 college

students will visit a Marshalls, TJ Maxx or HomeGoods annually. In the second year, the receipt raffle

will be extended to local TJX stores near the respective 16 colleges that the second Fashion On-the-Go

truck will be visiting. Similarly, if 5% of the 125,097 students from this population purchase from

Fashion On-the-Go and 20% of those who purchase will enter the receipt raffle, an additional 125013

college students will be visiting a TJX store monthly. As a result, in the second year, up to 7,50614

university students will be visiting a brick and mortar store annually; therefore annually, 14,24315

college students will visit a brick and mortar store to enter in for the receipt raffle.

Fashion On-the-Go’s primary goal is to bring a new market to TJX. In the first year, even if 10%

of those who enter the TJX raffle become regular TJX customers, TJX will gain 11216 new costumers

from the college student demographic monthly. Therefore in the first year of Fashion On-the-Go’s

operations, TJX will gain 67317 loyal costumers from the 14 colleges located in the greater Boston area.

Given the condition that these 673 loyal customers will be shopping at TJX for the next 40 years, will

spending a bare minimum of $35 per visit, and will visit at least three times annually, these 336 loyal

customers will generate lifetime sales of $2,826,60018, which is a conservative estimate since a typical

TJX shopper spends an average of $50 and visits the store 4 times a year. If this trend continues in the

second year where 10% of those who enter the raffle become loyal costumers, then TJX will 142419 gain

loyal customers annually from the two Fashion On-the-Go trucks. Based on this information, if the same

conditions apply, then the 1424 new loyal customers will increase TJX sales by generate in their lifetime

by $5,980,80020. As seen, the benefits for TJX are impressive.

11 112,290 students x 5% x 10% = 562 students monthly12 562 students monthly x 6 months = 6,737 students annually13 125,097 students x 5% x 20% = 1251 students monthly14 1,251 students monthly x 6 months = 7,506 students annually15 6,737 students + 7,506 students = 14,243 students 16 112,290 students x 5% x 20% x 10% = 112 students17 112 students x 6 months = 673 students18 673 students x 3 times a year x 40 years x $35 = $2,826,600 19 14,243 students x 10% = 1424 students20 1424 students x 3 times a year x 40 years x $35 = $5,980,800

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Competition

Fashion On-the-Go’s competitors are other fashion trucks in the Boston area. Since fashion

trucks are a relatively new trend, there are only five of them in the Boston area. They are Sneakerbox,

Green Street Vault, Lola’s Urban Vintage, The Fashion Truck, and Haberdash Vintage. Some of the

merchandises on the fashion trucks are from major retailers, but they do not represent a major retailer

like Fashion On-the-Go will. Fashion On-the-Go will actually work with a major retailer to sell its

products; it will be an extension of TJX instead of just carrying its merchandise.

Sneakerbox is a fashion truck that sells sneakers, t-shirts, hats, crew necks, and jackets, or

anything that is perceived to be “urban street wear.” Sneakerbox carries sneakers from brands such as

Nike, Puma and Adidas. It sells its merchandise to young adults at college campuses, skate parks and

other venues.

Green Street Vault was one of the first fashion trucks in Boston. It is the first and only mobile

truck to market men’s clothing, more specifically toward high school and college aged men. Green

Street Vault sells local and national brand names t-shirts and sneakers to customers at the SoWa open

market and on Newbury Street in Boston.

Lola’s Urban Vintage is a fashion truck that primarily sells vintage clothes, jewelry and other

accessories to women. It originally started as a brick and mortar store and then expanded into a mobile

shop when fashion trucks first became a trend in Boston. The mobile shop parks at City Hall Plaza,

SoWa open market and Harvard Square in Boston.

The Fashion Truck is a mobile shop which sells local designer apparel and accessories to

women. All of its merchandise is under $100. The Fashion Truck parks its mobile shop in central places

around Boston such as Dewey Square, City Hall Plaza and open markets.

Haberdash Vintage was also one of the first fashion trucks in Boston, and is Fashion On-the-

Go’s biggest competitor. The strengths of Haberdash Vintage are its publicity and success. It is well

known which has allowed Haberdash Vintage to expand into several caravans and a brick and mortar

store. The advantage of having a brick and mortar store and a mobile shop gives customers the reliability

of a brick and mortar store, and the convenience of a mobile shop. One of Haberdash Vintage’s major

weaknesses is its specific target market. Haberdash Vintage only sells vintage clothing, shoes and

accessories to women. But, Haberdash Vintage does have the opportunity to expand its target market if

it desires. The threats of Haberdash Vintage are similar to the threats of other businesses: increasing

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labor costs and competition. Labor costs have been increasing slowly due to inflation, and some of the

other fashion trucks in the Boston area focus on the same target market as Haberdash Vintage.

Fashion On-the-Go has five competitors in the fashion truck business. Each fashion truck has its

unique strengths and weaknesses. Haberdash Vintage is considered Fashion On-the-Go’s main

competitor because of its proven success. However, Fashion On-the-Go will be successful despite

having strong competition in the fashion truck industry, because of its focus on an emerging target

market.

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SWOT For Fashion On-the-Go

Strengths Weaknesses

• Low operating cost• Convenience• Introducing the TJX brand

• Limited products• Confined space

Opportunities Threats

• Expanding into a new target market• Fashion trucks are a new trend

• Weather• Regulations: permits and taxes

One strength of Fashion On-the-Go’s business model is that it has low operating costs. Fashion

On-the-Go will only charge companies $200,000 for services. Fashion On-the-Go is convenient for both

the customer and the company using our services. It is convenient for customers because the mobile

shop will go to them. It is convenient for companies using the product since the Fashion On-the-Go

management team will buy the truck, renovate it and work on it. The only thing the companies using the

product will have to do is provide inventory; Fashion On-the-Go will handle everything else. The

management team will also do the market research since we know the preferences of college students

and will not only help companies sell their products, but will also serve as a form of advertisement.

Since the Fashion On-the-Go truck will visit major college campuses in the city of Boston, it will

introduce the company’s brand that uses our services to hundreds of thousands of potential customers

Fashion On-the-Go’s weaknesses include limited products and confined spaces. Since Fashion

On-the-Go is operating a truck, the space will be smaller than actual TJX stores and therefore, the

products will be limited. Fashion On-the-Go’s trucks will include goods from all 3 TJX stores:

Marshalls, HomeGoods, and TJ Maxx; thus, it will only be able to have a few things from each store.

But, if there is something that customers want that is not available in the truck, the management team

will redirect them to a local TJX store. So, college students will be motivated to go visit TJX and shop

there.

Fashion On-the-Go opens up new opportunities for TJX and exposes TJX to a new group of

potential customers that has not been reached by their current business model. This group has potentially

$2.84 millions of disposable income. Also, teenagers will be long-lasting customers; they are the ones

who will regularly shop with a certain company for the next 10 or 20 years. They are also the customer

base who are well accustomed to social media and will attract more customers from around the world to

come and shop. Young adults are the generation who uses Facebook, Twitter, and Pinterest, and the

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future customer base that everyone is striving to reach. Fashion On-the-Go can help a company reach

them now. Another opportunity for Fashion On-the-Go is that mobile shops are an emerging trend in

shopping. More companies are starting to realize the value of having a shop that can travel to the target

market.

Fashion On-the-Go might be affected by external issues that are not within its control. These

include the weather, regulations from schools and the Boston area, and politics in general. Since the

mobile shop will drive to different campus, the weather will have a huge impact on sales. On days when

the weather is bad, Fashion On-the-Go’s truck might not operate. Also, if the schools change their rules

and regulations for parking, it might make it easier or harder for the company to offer its services,

depending on the new legislation.

Three-Year Financials

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Fashion On-the-Go created a Pro-Forma Cash Budget to predict its three year financials. Fashion

On-the-Go will have a loss for the first year since its startup costs will be greater than its revenue. The

major startup costs include $15,000 for a used 24 foot truck and $50,500 for the renovation of the truck,

inside and out. Fashion On-the-Go estimate the cost to renovate the truck by researching the costs to

renovate a food truck and estimating from there. The major equipment costs are $500 for a cash register,

$400 for a company iPad, $500 for shelves and hooks, and $500 for dressing room materials such as a

curtain. Fashion On-the-Go will also need $1,000 for a generator and $500 for general office supplies.

The equipment costs are approximately $4,000. A $2,500 professional/consulting fee is also

incorporated into the startup costs to provide expertise and suggestions for Fashion On-the-Go since we

will not have as much experience. This creates a total cost of $72,499 before opening the business.

In addition to startup costs, Fashion On-the-Go has expenses that accumulate during the first

year of operation. The biggest expense is salaries. The management team will receive each a salary of

$25,000 for the first year for a combined total of $100,000. The second year, the management team will

receive a salary of $30,000 each for a combined total of $120,000. The third year, the salaries of the

management team will increase again to $35,000 each. Fashion On-the-Go will not hire any part time

workers for the operation of the first truck but will hire three in the second year when an additional truck

is purchased. The truck is operation 35 hours a week for six months of the year and the part time

employees will be paid $10 an hour. There will be two part time employees working at a time so the

combined wages of the part time employees will be $15,600 per year.

Other major expenses are the cost to rent office space in Brighton, Massachusetts which total

$39,600 for a year and $15,000 to do repairs and maintenance on the truck. It will also cost $6,500 for

insurance. Fashion On-the-Go estimates that it will need approximately $2,200 in fuel for the first year.

The management team determined how many miles per month that the truck would have to drive by

calculating the distance from the warehouse/office to each of the college campuses and the distribution

centers. The miles per month for the first truck will be approximately 970 miles. The second truck will

drive approximately 4,230 miles per month. The cost of fuel in Massachusetts as of November 2, 2013

was used to calculate the amount of money that will be spent in a year on fuel. This number is a rough

estimate since the price of fuel will fluctuate depending on the time of year and other external factors

that cannot be predicted. $5,000 is reserved for miscellaneous items that may have been overlooked

when listing the expenses. The total expenses for the first year, after the startup costs, are approximately

$150,660.

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Fashion On-the-Go does not have advertising costs listed in the expenses since we are trying to

stay true to the idea of a pop-up store. A pop-up store would not advertise when and where it would be,

since it seems to just “pop up.” So, Fashion On-the-Go will minimal, if any, advertising costs.

Fashion On-the-Go will charge TJX a fee of $200,000, which is less than one percent of the total

amount of money that TJX spends annually on advertising and promotion. A loan will need to be taken

out for the first year to cover the startup costs from the first year. The total expenses for the first year is

$233,159 and the ending cash position will be $38,182. Owner’s equity of $40,000 covers some of the

expenses for the first year but, Fashion On-the-Go will have to take out a loan of $32,499. The loan and

owner’s equity will cover the startup costs for Fashion On-the-Go. This loan will be repaid in the second

year of operation.

Fashion On-the-Go will expand during its second year of operations causing many of the

expenses from the first year to double. Fashion On-the-Go will buy and renovate a second truck with all

of the equipment needed in the first year. Repairs and maintenance will double from $15,000 to $30,000.

Costs of fuel will increase from $2,200 to $6,500. As mentioned previously, the salaries of the

management team will increase due to an increase in profit. The expenses that will remain fixed from

the first year are the cost to rent a warehouse for office space and storage, and miscellaneous costs.

Fashion On-the-Go will charge TJX an extra $200,000 for the second truck, making the revenue

for Fashion On-the-Go for each the second and third year $400,000. The reason that Fashion On-the-Go

will charge an additional $200,000 for the second truck is because the second truck will go to the same

amount of schools as the first truck. Also, Fashion On-the-Go will reach a wider customer base with the

second truck because it will be expanding all over Massachusetts and the surrounding states so the extra

$200,000 is earned.

Since Fashion On-the-Go will increase the charge to TJX for services for the second truck, we

will make a profit during the second and third year. The second year, Fashion On-the-Go will have an

ending cash position of $106,373. The third year will result in a greater ending cash position since

Fashion On-the-Go will not need to pay for a truck or equipment. The cash ending balance of the third

year of operation will be $164,515.

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Fashion On-the-Go

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Pro Forma Cash BudgetYear Ended December 31, 2014

Year Ended December 31, 2015

---------- Year 1 ----------- Year 2 Year 3Three-Year

Pre opening Post opening

Period

Cash, Beginning Balance $0 $0 $10,733 $14,816

CASH RECEIPTS:

Promotional Fee $250,000 $450,000 $450,000 $1,150,000

TOTAL CASH AVAILABLE

Total Cash Available $250,000 $460,733 $464,816 $1,175,549

CASH PAYMENTS:

Purchase: Used Truck $15,000 $15,000 $30,000

Rent: Office Space + Storage $39,600 $39,600 $39,600 $118,800

Renovation:

Truck $45,000 $45,000 $90,000

Office Space $0 $0 $0Painting/ Truck Wrap $5,500 $5,500 $11,000

Equipment Purchase

Cash Register System for Ipad $500 $500 $1,000

Register Counter $200 $200 $400

Company Ipad $400 $400 $800Racks/Shelves/Hooks $500 $500 $1,000

Curtain $500 $500 $1,000

Display table $250 $250 $500

Mirror $70 $70 $140

Lights $80 $80 $160

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Office Equipment $500 $500 $1,000

Generator $1,000 $1,000 $2,000

Salaries

Manager (4) $80,000 $120,000 $140,000 $340,000Part-time employee $15,600 $15,600 $31,200

Supplies

Light Bulbs $60 $120 $120 $300Cleaning Utensils* $100 $200 $200 $500

OtherTJX Gift Cards $1,200 $2,400 $2,400 $6,000Vehicle inspection $300 $600 $600 $1,500Fuel $2,200 $12,000 $12,000 $26,200Professional/ Consulting Fee $2,500 $2,500

Legal $400 $800 $800 $2,000

Insurance $6,500 $13,000 $13,000 $32,500Repairs/Maintenance $7,000 $14,000 $14,000 $35,000

Permit $300 $300 $300 $900

Miscellaneous $5,000 $5,000 $5,000 $15,000

Interest Expense $3,200 $0 $3,200

TOTAL CASH PAYMENTS: $72,000 $142,660 $296,320 $243,620 $754,600

Excess/(Deficit)$(72,00

0) $107,340 $164,413 $221,196 $420,949

Cash, Ending Balance required $0 $10,733 $14,816 $12,181 $37,730

Ending Cash Position $96,607 $149,597 $209,015 $383,219

FINANCINGNeed incremental funding? Yes No No No

Repay Loan? Yes

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EquityInitial

Funding

Founders Equity $40,000

Total Equity Sources $40,000 $0 $0

DebtTotal Cash Requirements for Period $72,000 $0 $0less: Total Equity Sources $40,000 $0 $0 $0Other Sources of Cash Required for Period $32,000 0 0

Begin. Loan Bal $32,000 $32,000 $32,000 $0plus: Additional Loan Borrowing $0 $0 $0 $0less: Loan Repayments $0 $0 $32,000 $0Loan Balance at end of period $32,000 $32,000 $0 $0

Profit $24,607 $117,597 $209,015

Human Resources-Management Team

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Fashion On-the-Go is a young company with a young management team ready to bring the

company from the planning stages to the real world business stage. Since we are a new company we

don’t have a rigid company structure that could be found in larger companies. Rather, we have a

management team where each member brings a unique skill set to the company.

Brett Krutiansky is currently a freshman at Northeastern University. He is majoring in both

Computer Science and Business Administration. One of Brett’s first jobs was as an intern in

government, in the scheduling department of the Manhattan Borough President’s office. He worked with

other departments organizing events for the Borough President. He also helped make the day-to-day

schedule of the Borough President. Here he learnt how to work with others in a large organization and

how to work to deadlines. He also became the Manhattan Chapter President for the youth organization

NCSY. He was in charge of making events and expanding the base of members who come to weekly

meetings. When he started there was only a handful coming to the event, and by the end of his term

there were three weekly meetings across the city. It was here that he learnt that hard work and

determination make success. He used what he learnt to good use during his senior year in his high

school where as Captain of both his high school’s tennis team and model UN team, he lead them to the

most successful seasons at his high school. Last summer he built databases for an accountant and

maintained her online filing to ensure organization of files for efficiency, which will help when he takes

care of all the companies computer work. Now he is actively engaged on campus trying to make

Northeastern University a better place, through volunteering, working, and doing research projects all on

campus.

Diana Liu is currently a freshman at Northeastern University, with a double concentration in

finance and business management. She is well acquainted with inventory management and data entry

and has worked as an intern in a gift shop called “The Personal Touch”. During her internship, she had

worked as a cashier and handled money transaction, as well as the exchanges of goods. She also

managed the inventory and developed strong communication skills. Diana has past experience regarding

selling goods to customers and working in a start-up company. Also, she worked as a secretary in the

Social Studies department at Stuyvesant High School and is currently a law circulation assistant at the

Northeastern Law Library. Through these jobs she has learnt how to manage the workspace and handle

equipment. Like her co-founder Brett, she is an active member of the Northeastern University and

Boston communities through extracurricular activities such as Entrepreneurship Club, Econ Society,

Finance & Investment Club, and Peace through Play.

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Lauren Schmidtke is a freshman at Northeastern University in Boston, Massachusetts. She has

very useful organizational skills as in high school she was treasurer of her school’s National Honor

Society and helped organize a fundraiser for the American Heart Association where she helped raise

over $2500. She developed interpersonal skills working at a local assisted living home as lead server and

coaching youth hockey for several years. Like her co-founder Diana, she is also involved with Peace

through Play, utilizing her ‘people’ skills teaching one child at a time.

Lucy Luo is a first-year student majoring in Business Administration and Economics. Prior to

coming to Northeastern, Lucy founded a non-profit initiative called “Wallet Farm”, which sold

handcrafted wallets in the shape of animals, and the profits were used to purchase livestock for

developing communities. She will bring her innovation skills she honed at “Wallet Farm” to Fashion

On-the-Go. She will also be bringing leadership skills, as she was the President for the Junior

Achievement Club at her local chapter. The club enabled students to start their own business from

scratch and work through the business cycle, giving her the experience she needs to make Fashion On-

the-Go a success. Through these projects, Lucy developed strong marketing skills and effective methods

of communication. Lucy has a passion for the arts and has taken art classes since elementary school. Her

skills include creating posters, designing prototypes, and crafting short animations. Currently, she is

taking a web development course. Lucy is proficient with Microsoft Word, Excel, and PowerPoint. She

has experience working with iMovie, Garage Band, and Adobe Photoshop. During her high school

career, she volunteered to help hospital patients as well as children through St. John's Rehabilitation

Hospital and Ontario Early Years Centre respectively, where she developed an impressive set of social

skills.

When we start to expand during our second year and need new employees we will follow a very

simple three-step model. Our first step is how we will be getting the new employees. For each new job

we will advertise by having a ‘Help Wanted’ sign on the bus, and a bin on the bus to accept resumes.

Since we only want enthusiastic local students working for us, we will be trying to get workers through

our customer base. Once we find the person who fits the criteria, we will then see how the applicant

handles customers (unruly and difficult ones alike). After we find the person who fits the criteria and is a

good fit with the company we will move on to step-two. The second step will consist of “engaging” the

employee in various ways. We want the employee to be just as involved in the company. To do this we

will include the new employee in the creative process by having them give us ideas on what clothing to

sell on the truck, and new ways to decorate the truck when the season changes, or when a holiday is

coming up. Step-three will be the rewards we offer for our employees. The more an employee works

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with us the more responsibilities they will be given and the more their opinions are weighted when

making business decisions. Step-four will be how we are trying to keep the employees for our company.

We will be a clean and transparent company that plans on running a tight lean ship just like TJX.

Supply Chain and Operations

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Figure 3: Fashion On-the-Go’s Supply Chain

Fashion On-the-Go’s supplies are the TJX Maxx, HomeGoods, and Marshalls. The management

team will be driving the truck to the three respective distribution centers to stock up on inventory. The

TJ Maxx’s closest distribution center is located at 135 Goddard Memorial Dr, Worcester, MA, while the

distribution centers for Marshalls and HomeGoods are at 83 Commerce Way, Woburn, MA and 1415

Blue Hills Avenue, Bloomfield, CT, respectively. Prior to making a trip down to the distribution centers,

the management team will decide on the quantity and type of merchandise they want to pick up based on

recent fashion trends as well as the customer’s demand. Each of the three distribution centers would

have already attached labels and barcodes on their products. The management team will input barcodes

into the Fashion On-the-Go’s database during the commute.

Fashion On-the-Go will be visiting the TJ Maxx and Marshalls distribution centers on Sunday

each well. The round trip to the distribution centers is 2 hours and 21 minutes; however a 30-minute

leeway will be allotted, making the trip 2 hours and 51 minutes by truck. At each distribution center, the

management team will spend two hours finding the merchandise that corresponds to their requirements

and one hour loading the stock onto the truck. Hence, the total time required to restock TJ Maxx and

Marshals merchandise will be nine hours. The management team will depart at 10 am and return by 6

pm.

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Fashion On-the-Go will be visiting the TJ Maxx and HomeGoods merchandise monthly. Since

Fashion On-the-Go’s main focus is apparel, home décor merchandise is only a secondary product.

Therefore a monthly visit will ensure that the appropriate quantity of home décor inventory is restocked.

In addition, according to a survey conducted at Northeastern University, the target market has less

appeal towards home décor merchandise. Only 30% indicated interested in these products. The

management team will also restock TJ Maxx inventory on that day to ensure that apparel merchandise is

still available. The round trip to the two distribution centers will be 3 hours and 55 minutes and a 30-

minute leeway will be allotted, making the trip 4 hours and 25 minutes. At each distribution center, two

hours will be spent selecting the inventory and one hour will be spent loading the truck. Therefore, the

total time required restocking TJ Maxx and HomeGoods products would be 10 hours and 30 minutes.

On these days, the management team will depart at 10 am and return by 7:30 pm.

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Appendix A. Resume

Brett Krutiansky2373 Broadway Apt. 1701, New York, New York 10024 - [email protected] - (917) 583-1549

EducationNortheastern University - University Scholars Program Boston, MABachelor of Science in Computer Science and Business Administration Expected May 2017Majors: Computer Science and Business Administration

Center For Kosher Culinary Arts Brooklyn, NYCertificate in Baking and Pastry Arts July 2013 – August 2013

High School of American Studies at Lehman College Bronx, NY New York State Regents with Honors Advanced Designation Diploma Sept. 2009 – June 2013GPA: 3.7/ 4.0

Colegio Tarbut Buenos Aires, ArgentinaImmersion Program in Argentina June 2012 – August 2012

Professional ExperienceOffice of the Manhattan Borough President: Scott Stringer New York, NYIntern in Scheduling Department July 2010 – February 2011

Used Microsoft Excel and outlook to prepare the Borough President’s calendar month to month. Went through Borough President’s daily mail and filled invitations to events by date and

importance. Coordinated with organizations and other employees to create Borough President’s daily

schedule.

Carol L. Buchman C.P.A. Financial Advisor New York, NYFinancial Executive Assistant June 2013 – August 2013

Created databases that could efficiently locate all of a client’s data and what forms the clients needed.

Maintained online filing to ensure organization of files for efficiency. Administrative duties like filing, filling out paperwork and calling clients.

Private Tutor New York, NYTutor in various subjects June 2010 - Present

Taught children in a variety of topics ranging from the humanities to math and science. Created science experiments and lesson plans to teach scientific concepts to children in a fun and

interactive way. After finishing the year’s curriculum with the kids we would progress onto more advanced topics

for example after finishing long multiplication with a child we would move on to basic combinatorics.

Leadership Experience

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Varsity High School Tennis Team in PSAL A Division Bronx, NY Captain September 2009 – June 2013

Held tryouts to create a team. Coordinated with school’s athletic director to design and obtain jerseys for the team. Mentally and physically prepared the team to compete in the hardest tennis division in New York

City’s Public School Athletic League. Led the team to the quarterfinals, the farthest the team has ever gone in the playoffs at the A

level.

Model United Nations Team Bronx, NY Captain September 2009 – June 2013

Helped the faculty advisor choose which competitions to sign up for and then helped him sign up for that competition.

Created and prepared a team that won at the regional level and could competitively compete at the international level.

Won awards at the hardest competitions on both the regional and international level.

Student Government Bronx, NY Senior Representative September 2012 – June 2013

Organized events with other members of student government such as the first color war field day Motivated seniors to participate in school sponsored events.

Skills Proficient with Microsoft Word, Excel, PowerPoint, Access, and Outlook. Proficient in Python and learning Java and C++. Fluent in Spanish and Proficient in Hebrew. Excellent communication, interpersonal and team working skills.

DIANA [email protected]

52-30 39 Dr. Apt 3A Woodside, NY 11377

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(347) 702-3465EDUCATIONNORTHEASTERN UNIVERSITY, Boston, MAFinance and Business ManagementAwards and Activities: University Honors Program, World Scholars Program, Finance & Investment Club, Economics Society, Peace through Play, Entrepreneurship Club

STUYVESANT HIGH SCHOOL, New York, NYDiplomaAwards and Activities: Science Olympiad, Chinese Modern Culture Club, Volunteer at the College Office, American Red Cross

May, 2017

June, 2013

EXPERIENCE:Law Circulation Assistant September, 2013 - PresentLaw Library, Northeastern University, Boston, MAOversee the circulation desk; answer all questions and field phone calls from library visitorsOrganize and reshelf books; process book returns and checkouts in library databaseEnsure all printers were functioning properly and complete administrative tasks as assigned

Secretary September, 2010 – June 2013Social Studies Department, Stuyvesant High School, NY, NYActed as a liaison between assistant principle and teachers by informing teachers of department

changes and schedule changesManaged office equipment and office space including tracking and lending out projectors and

laptopsPrepared and organized paperwork and other teaching materials for substitute teachers including

worksheets and videosInput student grades into database and calculated student & test averages for teacher

Intern July, 2012 – August 2012The Personal Touch, NY, NYOversee the front desk and cash register and handle returns and exchanges of goods; administer the payment

process for credit cards and other types of transactions.Managed supply of merchandise and kept concise inventory of products.Interact constantly with both customers and suppliers and promote the sale of products within the storeEnsure that the products are in their respective position and that no products were missing; Restock products

on shelves and racks when they run out

SKILLS/ INTERESTS:Computer Skills: Microsoft Office, Photoshop, Social MediaLanguages: Mandarin, EnglishInterests: Reading, community service, Chinese history

References Available Upon RequestLucy (Zhao) Luo

[email protected] Snowcrest Avenue, Toronto, Ontario, M2K 2K9

(617) 617-7112

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EducationNortheastern University Boston, MA Candidate for Bachelor of Science Degree in Business Administration May 2017 Awards and Activities: University Honors Program, University Scholars Program, Finance and Investment Club, Economics Society, Student Council for D’Amore McKim School of Business Havergal College Toronto, ONAwards and Activities: Honors and Distinction, Student Innovation June 2012Award (Wallet Farm), Fencing under 17 and under 20 bronze medalist in Provincials, Model United Nations, Debate, Junior Achievement of Central Ontario: VP of Finance Award, 6th place in DECA Provincials for Finance, Shad Valley.

ExperienceWallet Farm Toronto, ON Co-Founder and Chief Finance Officer August 2011-Present

Generated over $3 000 in revenue, which was used to purchase farm animals for impoverished communities.

Managed cash flow and budget. Conducted lessons for elementary and middle school students regarding microenterprises.

Toronto Fencing Club Toronto, ON Community Coach March 2012-January 2013

Certified Community Fencing Instructor in 2012. Coaching beginner fencers and planning lessons/activities Communicating and interacting with parents and the head coach.

Volunteer Community ExperienceSt. John’s Rehabilitation Hospital Toronto, ON Unit Assistant September 2010- July 2013

Interacted with patients, nurses, and doctors by delivering and collecting meal trays. Updating patient health profiles and preparing new profiles for incoming patients.

Research ExperienceHaley House and Reweave Boston, MA Marketing researcher September 2013-Present

Collaborating with Boston Brewin and The Haley House to create promotional videos. Organizing a t-shirt designing contest to educate Roxbury residents about the Haley House. Research the importance and impact of grassroots enterprises.

Skills/InterestsComputer Skills: Microsoft Office Programs: Word, Excel, and Powerpoint. Garageband and IMovie.Languages: Mandarin, French, and English. Interests: Social entrepreneurship, youth empowerment, the arts, innovation.

References Available Upon RequestLauren Schmidtke

[email protected] 9012 Telford Crossing, Brooklyn Park, MN 55443

(763) 607-7826

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EducationNortheastern University Boston, MAAwards and Activities: May 2018 University Honors Program Peace through Play

Champlin Park High School Champlin, MN Awards and Activities: June, 2013 Graduated with Highest Honors National Honor Society Officer - Treasurer/Fundraiser Organized a fundraiser for the American Heart Association Link Crew for incoming high school freshman Varsity Letters – Tennis & Lacrosse

ExperienceTradition Independent and Assisted Living Brooklyn Park, MN Food Service Server July 2012-February 2013

Served meals to elderly residents Lead Server February 2013-August 2013

Managed and set an example for other Servers

Personal Tennis Coach Brooklyn Park, MN Coached beginners aged 6-9 June 2013-August 2013 Planned lesson plans and drills

Volunteer Community ExperienceNorth Metro Youth Hockey Association Brooklyn Park, MN Youth Hockey Coach October 2010-March 2013

Coached beginners aged 4-8

Skills/InterestsComputer Skills: Microsoft Word and PowerPointInterests: Travel, volunteering, camping, reading

References Available Upon Request

B. Survey Results

i.

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ii.

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iii.

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iv.

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v.

vi.

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C. Calculations

i. Fuel Calculation

*Warehouse Address: 84 Lincoln Street, Brighton, MA, Brighton, MA 02135

Fuel CalculationsWarehouse* to… MilesNortheastern University 8.5Harvard University 4.4

Umass Boston 16.3Total Distance (annually) 1658.4

Boston University 6.2 Warehouse to DC MilesTotal in a month

Total DC Annually

Boston College 4.7Marshalls and TJ Maxx 119 476 2856

MIT 6.7TJ Maxx and HomeGoods 216 216 1296

Tufts University 9.2Bunker Hill Community College 15.3

1st year total distance: 5810.4

Suffolk University 10.6

Berklee College of Music 7.1

Fuel Cost per Gallon: Nov 2nd 2013 3.952

Bentley University 12.3Straight trucks fuel economy (mpg) 11

Wentworth Institute of Technology 9.2 1st Year Cost: $2,088Wellesley College 27.7Total Distance (month) 276.4Total Distance (annually) 1658.4

16 Other College Near MA

Total Distance to Colleges(Annually) 21865.2

Brown/RISD/Johnson 108 Total DC Annually 4152UMass Amherst/ Amherst 180 Total Distance 26017.2

UConn 161Additional 2nd Year Cost:

9347.2704

Yale University 267 2nd Year Cost: $11,435

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Dartmouth 262Holy Cross/ Clark 87.1UMass Dartmouth 127UMass Lowell 70.6University of Rhode Island 167University of New Hampshire 141Wesleyan University 225Babson College 26Total Distance (Monthly) 3644.2Total Distance (Annually)

21865.2

ii. Salary Calculation

Hours Wage for two employeesMonday 12-5pm 100Tuesday 12-5pm 100Wednesday 12-5pm 100Thursday 12-5pm 100Friday 12-5pm 100Saturday 12am-5pm 100Sunday Restock 0Mon-Sun 30 hours 6006 months 780 hours 15600

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