Daniel Evans
Columbia, TN (USA)
Role(s):
Founder/Owner/Principal
Hear For Less USA
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Startup
Location:
Columbia
Industry:
Healthcare
Year Founded:
2014
Number Employees:
1-10 people
Business Stage:
Growth (not profitable)
Entity Type:
Sole Proprietorship
Description:
We are a web based company which will begin to offer low cost programable hearing aids. We have 13 referring websites and 2 main sales sites and we will also offer some products through eBay. We have found a product which is developed in China and it is a quality product offering many of the same features as our competitors at a fraction of the cost. We will have a trained staff for correct programming of our products.
We will sell our products at a markup of between 200 percent so initial investment should be recovered within 12 months.
Cost per unit sold should be about $200 per customer and that price includes advertising, programming and shipping costs.
Startup capital needed is $25,000 and will be used mostly for the purchase of the merchandise, advertising costs and other business essential materials.