Business description, status, and outlook the family bowl will be a full service bowling alley combining entertainment suited to a specific culture at a competitive price. We will try to promote an atmosphere that will remind many people of their homeland. This is a relatively new concept for this part of the country. Robert Smyth will operate the business as a corporation. The principal shareholders will be he and his wife, julie. Initially, robert Smyth will manage the operation with daily input from Julie and the other investors. The new equipment and enhanced evernote lighting and sound systems will also give us market advantages.
Strategies for Achieving goals to obtain the first two sets of goals we will try to maximize sales with an extensive campaign to promote our service. We will utilize the radio stations and newspaper along with brochures, media advertising, pamphlets, direct customer contact, use of coupons, referrals, and a variety of other advertising and marketing tools to reach the customer base of metro Omaha. We expect to flood the market with advertising until evernote consumers become aware of us and more comfortable with our company. As we grow, word-of-mouth referrals will bring in increasing numbers of customers and we will reduce our reliance on advertising. The dominant driving force behind our company will be profit and income. To become the premier bowling alley in metro Omaha, we will offer outstanding quality, cleanliness, security, long hours, and reasonable pricing. We will listen to our customers and conduct surveys. As we grow and build a reputation for our people and culturally oriented atmosphere with excellent security, service, and entertainment, we will offer frequent user discounts. In the future we may consider diversification and enter new market areas.
The pessimistic case assumes revenues and expenses will decrease 15 below the most likely case above. Objectives goals to provide a high quality service so that customers will perceive great value and give them the opportunity to interact with other families in a safe and clean environment. Service an average of 10,000 customers per month during the first full year of business and 15,000 customers per month the second year. The ultimate goal is to reach 18,000 customers per month by the third year to repay the entire loan amount by the end of the third year and to provide the shareholders with a stable and sufficient income after that. Our goal is to become the premier bowling alley in metro Omaha during the next two years. Family bowl plans to closely monitor changing technology to be certain that the company is using the latest and most cost effective equipment and that it keeps up with current trends in the marketplace. When economically feasible we plan to open one or more locations and/or consider franchising our service. When growth has stabilized we plan to add extra services for customer convenience such as large screen television, enhanced game rooms, and food services. In addition to the above goals we will survey our customers and make changes in our programs and add services to meet their changing ideas in the marketplace.
Sample, business, plans, bowling, entertainment Center
It is rare in today's business world to find a true market void. That is exactly what Family bowl has done. It is combining the latest in technology with an unfilled need and promises to deliver a high quality new product at a competitive price. Our proposed facility will have little true competition in metro Omaha. Funds required and usage, the initial start-up expenses will be approximately 300,000. The inventory, equipment, furniture, fixtures, and leasehold improvements will cost approximately 125,000.
Investors and/or a bank loan must be secured in the amount of 125,000.0 amortized over ten years. The initial investors will furnish approximately 50,000, which.5 of the total. After all expenses of start-up, 40,000 will remain in a new business checking account and will provide the balance of the initial working capital. Projected 5-year Income Statement (most likely case projected 2000. Projected 2001, projected 2002, projected 2003, projected 2004, total revenue 836,000 919,200 1,010,688 1,111,290 1,221,916, cost of Sales 285,720 314,292 345,722 380,294 418,321 Gross Profit 550,280 604,908 664,966 730,996 803,595 Selling, general, Expense 587,033 620,169 658,739 706,195 757,418 Income before taxes -36,753 -15,261 6,227 24,801. The second year the number of customers will rise to 15,000 per month also assumes plan each will spend.00 per visit. The optimistic case assumes revenues and expenses will increase 15 over the most likely case.
When volume picks up, additional part-time or full-time employees will be hired as the workload requires. Small Business Nebraska, inc. Will provide help in additional areas such as setting up the books, logo design, and general business advising when necessary and to supplement the Smyths' overall business knowledge. The services of an accountant, attorney, and a qualified insurance agent have been retained. Uniqueness and differentiation of the service.
The family bowl will be the largest bowling alley which caters to families. It will have the largest number of lanes in the area. The idea of this company is to provide customers with a semi-formal, social setting, and entertainment that does not exist in this part of the state. We will provide customers with high-tech lights and sound, video games, pool tables, and a full line of entertainment. In addition we will cater to private parties and special groups such as schools, senior citizens, and church groups. The growth potential is virtually unlimited for the greater Omaha area. The population is growing at an accelerated rate. Currently over 12 of the population in Omaha is young. They will be very receptive to a concept such as this that can offer them atmosphere, cleanliness, and security at a competitive price.
Coffee shop, business, plan
Management and essay ownership, the company will be set up as a corporation with Robert Smyth and his wife, julie, as the major shareholders, incorporators, and directors. Robert Smyth will serve as president and manager. He will also provide the leadership to run this company. He has over 17 years experience as owner and operator of various small business operations, and has dealt with the public as a personnel officer in the military. Initially, up to thirteen other employees will be needed. These employees will be involved in bartending, security, and waiting on tables. They will be a combination of part-time and full-time.
The essay business is in a start-up mode. Plans call for starting operation by the spring of 2000. During the first full year of operation we plan to serve an average of 10,000 customers per month. The second year this will increase to 15,000 per month. Years three through five will show gradual increases to 18,000 per month which we consider to be our capacity. To attain these goals we will use a combination of media advertising, flyers, direct mail, and word-of mouth. Franchising the concept is a possibility for the future.
in metro Omaha, nebraska. The facility will normally be closed on Monday. Proposed hours are tuesday, wednesday, and Thursday, 2:00. On Friday and Saturday the hours will be 12:00. On Sunday the hours will be 4:00. The premises will be open for a total of 74 hours per week. Current position and future outlook.
The atmosphere will be friendly and open. The alley will be maintained to the utmost degree of cleanliness and maintenance, unlike similar operations in the area. The alley's employees will display a new attitude. They will treat customers like first-class citizens and try to make them feel like they are at home. On the premises will be pool tables, video games, and dart boards. We will offer for sale pride items, in a gift shop, from various homework cultures around the world. The facility will have a first rate sound and lighting system.
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Photo by: ivan Polushkin, business plan the family bowl,. Omaha, nebraska 68101, the family bowl business plan outlines a strategy for a bowling alley that caters to families and celebrates people of all nationalities. It will differentiate itself from other bowling alleys by providing a clean and friendly atmosphere. It also will have the largest best number of lanes in the area. This plan was provided by Ameriwest Business Consultants, Inc. Executive summary, objectives goals, business description, status, and outlook. Management and ownership, market analysis, marketing strategies, financial plans. Confidentiality Statement, the information, data, and charts embodied in this business plan are strictly confidential and are supplied on the understanding that they will be held confidentially and not disclosed to third parties without the prior written consent of Robert Smyth. Executive summary, business description, the purpose of the family bowl is to provide the area with a bowling alley which caters primarily to families.