Opportunity
Problem
The fast pace of the world we live in leaves little time for extra things we would like to do, like plan events, parties, and social get-togethers. Due to rising incomes and increasing population, this service is in high demand.
Solution
Occasionsis equal opportunity business. It offers its expertise and products to help customers plan their events. Party Packs (complete kits for their event), make hosting a party a snap, right down to the refreshments. Event planning software allows users to plan interactive events as easily as from their own computers. Occasions is committed to being the most trusted resource for every event.
Market
The market for event planners is broken down into many distinct segments. Both individuals and businesses need the services we offer. To provide the best information possible, we divide the market into age groups and private and public organizations.
Competition
Occasions stands out in a competitive market. Occasions competes against conference centers, hotels with conference facilities, other event planners on a large and small scale, individuals within an organisation who are given the task of organizing events, and those who want to organize their own events. Our services are far superior in price and quality to those offered by our competitors.
Why Us
Occasions has a primary purpose to be a service-oriented business. However, we also offer products which can help customers plan their event. Customers get our knowledge and contacts to plan their perfect event at an affordable price.
Expectations
Forecast
Tax rates are noted for information. These rates would not impact our loan burden. What hits Occasions the hardest (but not nearly are bad as other service businesses), is the tax rate of 24%, which is nearly one quarter of the total sales. These numbers will become more of a reference than influence as Occasions grows.
Financial Highlights by Year
Financing Required
Owners will contribute $25,000 to cover startup costs and salary for this part-time business.
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