- Initial Costs: Ingredients (essential oils, shea butter, natural extracts), equipment, website setup, and packaging materials.
- Revenue Streams:
- Online store sales
- Local market sales
- Projected Sales Growth:
- Year 1: Build awareness and generate consistent monthly sales.
- Year 2-3: Expand reach through influencer collaborations and new product launches.
- Profit Margins: Has improved due to controlled liabilities, growing assets and reinvestment of profits.
- Steady Growth in Owner’s Equity :
- Year 1: $5,296.71
- Year 2: $8,057.14
- Year 3: $9,906.37
Financials-Book
Essence of Grace has grown steadily, increasing owners’equity,reducing liabilities,and strenghening cash flow. Whith a focus on reinvesting profits and minimizing debt, we are building a stable foundation for long-term success, For more information see details of the financial statements below.