Since the company is dealing in the selling of finished products, it does not require any raw materials for the making of products in order to procure the finished goods. The company takes the help of distributors, suppliers, and facilities like shipping, transport, etc. which will transport the products from manufacturing house or warehouse to the retail stores. The sales representatives in the form of the distributors act as a middleman between the buyer and seller.The laws and regulations that company needs to follow relate to the trade regulations under Fair Trading act and Goods and Services Act for trading in retail goods.
The company also requires following Australian Business License and Information Service (ABLIS) for importing goods from different countries like the purchase of branded finished goods of different companies. The company has not yet achieved any intellectual property so it does not require protecting any intellectual property (Jarrett, 2017). The company does not have any environmental liability because the company has a mechanical process of trading which deals with physical give and take process in selling. There is no use of technology and service used which can destroy the environment. There are no such ethical or moral issues by which Pink Dresser business gets affected.
The technological changes like digitalisation of shopping experiences in recent times have changed the outlook of shopping for customers. People are sitting at their homes and finding their products over internet space and getting the products delivered at the door step (Coates, 2016). As a result, it has somehow affected the business of store brands and high street physical shops and showrooms in malls.
The projected revenue for the products and services are 20% in the next 3 years. The projected sales volume per unit sold is $25,000 per unit on monthly average. The selling prices per unit are $2.27 which is projected to increase by 2% quarterly. The total expected revenue is $120,000 in the first year