In: Operations Management
My business would be computer repair/custom computer building. Once you have chosen a product/service, write a business plan. Below you will find information needed to execute your business plan. The Business Plan Cheat Sheet is helpful! Use the Business Plan Cheat Sheet to help you understand what information is needed to complete your Business Plan. Order of Business Plan Cover Page (2.5) Executive Summary (5) Business Description Mission Statement (2.5) Type of Business (2.5) Product Description (2.5) Position (2.5) Pricing Strategy (2.5) Market and Industry Analysis Customer Profile (2.5) Market Segment (2.5) Target Market and Demographics (2.5) Competition (2.5) Sales and Marketing Method of sales (2.5) Advertising and Promotion (2.5) Slogan (1) Management Ownership (1) Financials Risk (2.5) Expenses and Capital requirements (2.5) Total= 42 Points
ORDER TO BUSINESS PLAN
EXECUTIVE SUMMARY
This business plan will show how a total investment of only amount couid yield cumulative net profits in excess of amount over a 5year period ,and average monthly sales of amount while maintaining adequate levels of liquidity.
This business would be a computer repair\custom computer building.
The local area has experienced explosive growthover the past 5 yers.we are opening a new computer repaire\custome computer building business.
MISSION AND STATEMENT
Our mission is to offer residents of the local area a good service of repairing of computer and custom computer building.We are committed providing the service quality and value that are customers expect.
PRODUCT DESCRIPTION
Our company will offer a wide areas of compurt repairing and custome computer building.
PRICING STRATEGY
Our strategy is based on delivering a strong customer value proposition in a niche market.Weare looking to offer the local city and its surrounding areas a new choice in computer building and repairing.
we are building our marketting infrastructure so that we can eventually reach more customers.
MARKET AND INDUSTRY
The local area is a growing low to middle class area.counting more than one million residents.there are about 500 business close to our location.Most of these residents are families of three or more.The average income of of the area is amount.
with continued growth in the area,opportunities to serve the local residents will increase.
MANAGEMENT OWNERSHIP
The company will privately held co operation owned in majority by Mr NAME and his NAME.A new investor will be invited to participate in the company's capital.
At the time of formation company name plans to issue50 shares of amount par value common stoack.The issued and outstanding common stock wouid be amount name.would recieve 50 shares at amont .
FINANCIALS
According to our estimate The company expected to maintain a healthy financial position over the next 5 years.
we also expect to be profitable in the first year of operations,with profits increasing over the next 4 years,as we establish and increase our customer base.
The company's profitability ,as measured by profitability ratios ,is excellent,and will gradually increase over the next five yers.
EXPENSES AND CAPITAL REQUEIRMENTS
Consists of some computer building and computer repairing equpments....
inventory on hand at start up includes specific ingredeints for building and repairing of computer.
insurance premium for business risk coverage is initially established at cost amount for the first two months,and will be further negotiated with the insurance company.
promotion expenses are initially estimated at amount and will be used for various marketing information materials and advertisements.
legal expenses include business formation ,advise and assistance,basic contracts review and general business advice.
permits expenses are the additional costs incurred to operate legally in the local area.