Business plan for starting a new business

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Business plan for starting a new business

Service an average of 4, customers per month during the first full year of business and 5, customers per month the second year.

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The ultimate goal is to reach 6, 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.

To become the premier Hispanic roller rink in Boise within the next two years. Santiago Roller Rink 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 growth has stabilized we plan to add extra services for customer convenience such as a 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 needs in the marketplace.

We will utilize 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 Southern Idaho. We expect to flood the market with advertising until 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.

business plan for starting a new business

To become the premier Hispanic roller rink in Southern Idaho, we will offer outstanding quality, cleanliness, long hours of operation, reasonable pricing, and efficient service. We will listen to our customers and conduct surveys.

As we grow and build a reputation for excellent service and cleanliness at a reasonable price, as well as having the best sound and lighting system available in the area, we will promote repeat business.

We will offer frequent user discounts. In the future we may consider diversification and enter new market areas. 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. John Quigley will operate the business as a corporation. The principal shareholders will be he and his wife, Jane.

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Initially, John Quigley will manage the operation with daily input from Jane and the other investors. Our new equipment and enhanced lighting and sound systems will also give us market advantages.

The biggest problem this venture will face will be creating customer awareness of our services. We will use a combination of advertising techniques to increase this awareness. Once a general awareness is present, the industry has a virtually unlimited growth potential. The future holds the promise for almost unlimited growth and income as the business matures and considers other markets and products.

Complementary products such as additional video games, more pool tables, dance lessons, and higher profile entertainment will all be considered in the future in response to customer surveys indicating their wants and needs.

business plan for starting a new business

He performed all jobs and operation of the skating rink. He will be responsible jointly with the Quigleys for sales, public relations, advertising, office management, personnel, operations, planning, purchasing, equipment, and outside labor.

John QuigleyPresident, and Jack BrownVice President, will share responsibilities in sales, public relations, advertising, office management, banking, operations, planning, insurance, equipment purchases, and labor. They will both provide relief for the manager. John Quigley is currently a master technician with Farnsworth Motors.

He has over eight years' experience in automotive repair. He will continue to maintain his job and its separate income at least until the loan has been paid off. He will also continue in this business until the loan has been paid off.

Jack is a year retiree from the U.

A Step by Step Guide to Starting a Business

Air Force and that pension is also another source of funds that could be made available to the business if necessary. Jack Brown also owned and operated an Ace Hardware store in St.A business plan is a written description of your business's future, a document that tells what you plan to do and how you plan to do it.

If you jot down a . The Home of the 4 Hour Investor Grade Business Plan. Faster investor quality documentation using HyperQuestions. This article is a comprehensive list of over free sample business plan templates that give an easy start to aspiring African entrepreneurs and small businesses.

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