Butter Softening Tool Business Plan

Business Idea:

We aim to develop a butter softening tool that quickly softens hard butter to make it easier to spread on hot toast. This innovative tool will improve the breakfast experience for individuals who struggle with hard butter straight from the refrigerator.

Target Market:

Our target market includes individuals who enjoy eating toast for breakfast or snacks but find it inconvenient to spread hard butter. This tool will cater to busy professionals, students, and families looking for a quick and efficient way to soften butter.

Pricing:

The butter softening tool will be priced at $25 per unit, making it an affordable solution for customers seeking a more convenient way to enjoy their toast.

Marketing Strategy:

Online advertising through social media platforms and search engines to reach a wide audience
Collaborate with food bloggers and influencers to create buzz around the product
Participate in home and kitchen product fairs and trade shows to showcase the benefits of the tool

Financial Projections:

Monthly fixed costs (including manufacturing, marketing, and overhead): $5000
Variable cost per unit: $10
Monthly revenue goal: $15000
Break-even point: 500 units

Estimated Monthly Revenue Calculation:

Monthly revenue = (Unit price - Variable cost) x Units sold
Monthly revenue = ($25 - $10) x 1500 units
Monthly revenue = $15 x 1500
Monthly revenue = $22500

Estimated MRR: $22,500

Markdown: Estimated MRR: $22,500

Startup Idea: A butter softening tool that quickly softens hard butter for easy spreading on hot toast.