LuLaRoe Washington State 2023 Income Disclosure Statement
The charts below provide detail regarding annual retail profit¹ and the annual lFR bonus earnings for Washington Independent Fashion Retailers (also known as IFRs) for the period of time from January 1, 2024 through December 31, 2024. 0%of Washingtonians who joined in 2023 as IFRs canceled their participation or became inactive within a year of joining.
Retail Profit is calculated as total annual retail sales minus the annual cost of purchasing wholesale inventory from LuLaRoe.
Examples of additional non-product expenses that may be necessary to make retail sales include:
• Startup costs
o Racks
o Hangers
o Storage bins
o Mannequins
o Online sales equipment (camera, internet, computer/mobile phone)
o Printer for shipping labels
o Home office/warehouse
o Vehicle/trailer to transport merchandise
o Business cards
• Ongoing costs
o Shipping
o Packaging
o Advertising (both traditional and online)
o Promotional giveaways
o Travel expenses (vehicle, mileage, gas)
• To attend corporate events
• To attend training
• To host pop ups
• To deliver orders
o Employees or assistants
o Insurance
• Professional services
o Accountant
o Attorney
o Bookkeeper