Fantastic Florals, Inc. imports only handmade flowers from Indonesian artisans. The company’s main office can be found in Anytown Oregon. There is also a Seattle customs house broker who can assist with any related issues.
FFI quality products have a unique and exclusive appeal. Its target customers are women with high-incomes and middle-class families. FFI’s competitive advantage is the fact that all of its products are handmade. This makes them stand out from other competitors. FFI hopes to attract people who enjoy the art of making silk flowers. FFI products consist mainly of silk flowers and hair accessories. The company considers itself to have a place in the retail market for gifts, though some consumers may choose to purchase the product.
For the starting year, the company plans to attract manufacturer reps and retailers to distribute the products by attending the Silk trade show in Chicago, Illinois. This trade show allows buyers and suppliers to meet and make deals to sell silk flowers and other products. FFI projects that sales will reach $1.1 million within the first year. FFI will open an exclusive gift store for its product in Anytown, at the Third Street Public Market. The lease term is five years.
For the following year, the company plans to expand to direct mail catalog sales by being in an established catalog, with a similar target market. FFI predicts $1.5 million in sales for Year 2. FFI projects sales of nearly $2 million in the third year. This includes both direct sales through suppliers and catalogs.
FFI’s flower family will increase in Year 3, adding 10 more varieties of flowers and arrangement. It is realistic to expect a gross margin of between 25 and 30 percent. The annual sales growth rate is estimated at 25 percent.
1.1 Objectives
Year 1 sales over $1.1 million
Open gift shop in Anytown on Third Street Public Market, with a five year lease.
Expand into direct mail catalogs for Year 2.
Maintain gross margin of 25 percent.
Establish annual growth rate of 25 percent.
In Year 3, expand product range by adding 10 new types of flowers and arrangements to the flower family
1.2 Mission
FFI’s mission is to be a well-respected importer of high quality, artisan silk gifts in the United States. The company is committed to customer satisfaction and strives for friendly service.
FFI’s purpose is to enhance customer appreciation of handmade silk flower and other silk products, and to offer customers beautiful and unique artistic decorations.
1.3 Keys to Success
Fantastic Florals Inc. is looking for key success factors
Product quality.
Customer service.
Access to manufacturers and distribution channels.
Controlling fixed as well as variable costs during the first year.
Supple Software Company, an S Corporation, was founded by Ralph and Mabel Smith. The company was founded in 1993. No outside investments have been made. Supple sells three different software products that command impressive market share. Ralph and Mabel would like to see the company grow by 2000.
The goals of Supple are ambitious but achievable. There were sales growth in 1999. The next year, they expect to double. They expect net profit and gross margin growths to be proportional. Their goal is to hold personnel to one employee for every $250,000 in revenue. PC Data has determined that Product X is their flagship product and they will continue to hold a 30% market share. This will be achieved by adhering the three key ingredients to success, market strength, customer satisfaction, as well as the right management team.
The Market
Supple is participating in a $3.8 billion market that will have a 20% growth rate for the next three years. Supple will target four market segments: small offices at home, professional offices, academics, and professionals. These markets are growing at 2%, 5%, 8%, and 0% respectively. These markets are home to 22,000, 15,000 or 10,000 potential customers and 12,000 respectively. These are the USA markets. The major trend in the market is toward international sales. The market has seen a significant surge in international PC products primarily fueled by the recent Internet boom. The US market has seen a 22% growth in the last 3 years. But, it is projected that the international PC market will grow at 40%.
Products
Supple Software currently offers three product lines. Product X is currently the top-ranked Windows task X software, and also the quality leader. It offers a user-friendly interface with help and glossaries. Product Y can be used as a standalone task Y application on Windows. It’s the best product to create task Y and the only product that can manage the [omitted] function. Their last product, Product Z is a creative application for business processes.
The Strategy
Supple will adopt four specific strategies to attain the desired growth. They will create customized versions of their products to provide more value to specific customers. They will develop a strong marketing infrastructure. This will allow them to market their products. Supple will continue to focus on small and medium-sized companies, a segment that has been mostly ignored by the rest of the market. Supple will focus more on follow-up technology, which is more applicable to the masses, than on leading technology, which is better suited for specialists.
Management Team
Ralph and Mabel are seasoned managers who are capable of executing on their ambitious strategies. Ralph has 10 years of sales and marketing experience from Arrog International. In 1993 he founded Supple as a software distribution organization and is primarily responsible for its growth. Mabel will be required to help grow the company. Her years as a consultant will be drawn upon.
Supple Software, a dynamic company, was founded in 1993 from humble beginnings and has since grown to $1 million with higher revenue forecasts for 2000. This is impressive, especially when you consider the fact that it was all possible through investments by the owners.
1.1 Objectives
To double sales in 2000 and increase sales by 5% in 1999.
To increase gross and net profit margins correspondingly.
To hold personnel to 1 full-time person for every $250K in revenues.
To maintain at least 30% market share of Product X, as measured by PC Data.
Success Keys 1.2
Marketing power. It is important to ensure that your products are on the shelves in attractive packaging. This will allow you to retain a 30% market share as measured by PC Data.
High quality products and customer satisfaction. We guarantee everything we sell, so the product must live up to our promises.
To survive, we must ensure long-term customer satisfaction.
Strong foundations in marketing, finance, and product design are essential for the right management team. Enough working capital to survive in the working-capital-intensive retail channel.
1.3 Mission
Supple Software develops software, publishes it, and markets it. It makes business skills accessible to millions who may not otherwise be able to access them. It is profitable and generates money. It offers a fulfilling work environment, fair compensation to its employees and a fair return to its owner, as well as a fair royalty to its authors.
Each person requires clean clothes. A washer and dryer, or laundry soap are not all affordable for every family.
Solution
Universal Laundromat will provide full washing, drying and folding services upon the start of business. In order to provide clean clothes washing and dry, as well as quality household retail products to satisfy the need for convenient access in the area, Universal Laundromat will offer these services. Universal Laundromat will be different than the rest because of its commitment to offering professional, friendly and prompt services.
Market
It’s been shown that the best method of advertising is through word-of-mouth. It is not planned to run major newspaper ads. However, weekly specials will be available. Referrals will be rewarded with an incentive program. Referring customers will receive two wash-offs and the referee an introductory gift. We promise to provide a friendly and efficient environment with reliable machines, clean washrooms, and prompt services.
Competition
Universal Laundromat would like to set itself apart from other laundromats that may offer only one or two services. Although the focus of Universal Laundromat is a washing and drying service, we do wish to offer our clients the convenience of these other services in one location. Those services include folding and potentially pick-up/delivery service, as well as online reservation and membership for pick-up and delivery. Our convenience is what makes us stand out from the rest.
Why Us?
Universal Laundromat (washing, drying and folding) is a full service coin-op laundry. We are committed to providing excellent customer satisfaction, by furnishing a pleasant environment and using reliable machines.
Expectations
Forecast
It is vital to remember that principal falls and the minimum monthly loan repayment should fall. The profit projections in the table are after expenses and monthly loan repayment have been subtracted. The net profit will then be used to reduce the loan term by paying an additional amount.
Financial Highlights Year-by-Year
Finance is required
Mister Mihn Doung has a small permanent shop that sells powertools every weekend in 7th Berryessa Flea Market. That store brings in approximately $4,500/month on average in revenue. The average monthly profit is $2,500. Considering the potentiality in the coin-op laundromat industry, he’d like to take on further challenges by starting another venture.
Universal Laundromat has requested $150,000 in additional financing to meet this objective. The cash flow from the Flea market and the laundry business will pay for the loan. It will be secured by the assets and steady income of the business. A $75,000 down payment will also be required.
Skate Park NW (SP) is a new skate skiing resort located in the Oregon Cascades offering miles of groomed trails. SP can execute on its comprehensive business plan with little competition and incredible trails.
Skate skiing, a new type of Nordic skiing, is now available. Originally created by Bill Koch, skate skiing is rapidly gaining popularity, it appeals to active people as a new, fun style of cross country skiing and serves as outstanding cross training for runners and cyclists. SP will sponsor races and clinics to increase the sport’s popularity.
SP is a company that has three key keys to its success. The first is its competitive advantage in convenience. SP offers unbelievable convenience to Willamette River Valley residents who otherwise would need to drive to Mt. Bachelor. A well-maintained trail network is the second key. The final key is to focus on customer service. It is important to ensure customer satisfaction in order to attract new customers and keep existing customers happy.
SP has targeted both beginners and more experienced skiers. The beginner segment is made up of people that have never tried skate skiing but are eager to try it. The second group is experienced skaters who come from other sports and are looking for a winter sport that they can participate in, providing them enjoyment during the winter months and maintaining their fitness level.
SP will be using a three-pronged strategy to market its skate ski program and other activities. First, printed materials will be distributed in various retail locations. This includes competitive races from different sports. Advertisements will be published in local sport/outdoor journals. Lastly, SP will sponsor races and clinics which will be used to generate interest in the sport, both from a participatory perspective as well as from a competitive perspective.
SP has conservatively projected profitability to occur in year one. The net profit will be 9.96% for year two, growing to 13.26% year three. SP will be able to generate $235,082 in annual sales and $276 2,221 in annual revenue by year three. SP is an exciting opportunity. It combines unmet market needs, a well-thought-out business model and a skilled management team.
1.1 Objectives
In the Cascades, create the top-rated skate park.
Offering exciting skiing to a wider range of people who aren’t familiar with it, primarily because of the convenience.
Within two years, you can become profitable.
1.2 Mission
Skate Park NW’s mission, which is open to all levels of skaters, is to make the Cascades the most popular place for them to learn to ski. We aim to make every customer happy.
1.3 Keys for Success
Convenience: To attract enough people, the facilities should be easy to use.
To maintain the best quality, trails should be maintained regularly.
Benchmarked customer service – Customer service is our number one priority.
When data has been lost, data recovery is often an overlooked option. TTR Data Recovery Technologies has the expert technicians, knowledgeable customer support staff, and the laboratory facility to solve most disaster recovery crisis quickly, efficiently, and cost-effectively.
Last year, data loss to companies was estimated at $2 billion. This includes mechanical and electrical failures, viruses activity, system malfunctions, accidental erase or water, fire, or smoke damage. TTR Data Recovery Technologies can recover mission critical data when all other conventional methods and experts have failed.
TTR Data Recovery Technologies can restore your data in as little as 24 hours, depending on how severe the damage is. Internet is an option for urgent data loss situations. A direct modem-tomodem transfer or high speed T1 FTP data transfer are available.
TTR Data Recovery Technologies has proprietary recovery technology that is not operation system dependant. The company is equipped with the knowledge and technology necessary to retrieve sensitive data. TTR Data Recovery Technologies’#8217 engineers are passionate about innovation and have developed custom software and hardware solutions to extract the most data.
TTR Data Recovery Technologies’ co-owner Dan Whitaker is a fifteen year veteran in the field. He has recovered data for Fortune 500 companies, governments, military, and a number of the country’s leading educational and research institutions.
1.1 Objectives
TTR Data Recovery was established to be the national leader on critical data retrieval.
During the next 2 years, 20% more Value Added Resellers will be offering recovery services through TTR Data Recovery.
1.2 Keys for Success
TTR Data Recovery Technologies’ success is dependent on the following key factors:
Offering innovative solutions to data retrieval.
Reliable and timely solutions. The data will be returned to the company within two days.
An administration that can serve customers and prepare accurate billing. They also follow up on orders. They keep an eye on expenses, collect receivables, and monitor the collection.
Pie in the Sky Wi-Fi is an Oregon-based corporation that specializes in the setup, delivery, marketing and maintenance of secure wireless communications (Wi-Fi) for individuals, businesses & entire communities. Pie in the Sky Wi Fi offers customized, ground-up data and VoIP installation and delivery in metropolitan areas.
Wi-Fi is quickly becoming the standard in the delivery of Internet connectivity throughout many organizations, government agencies and businesses. Pie in the Sky Wi-Fi, Inc. provides secure Wi-Fi services to residential and commercial property owners, and traditional Internet service providers who want to improve their current offerings. Pie in the Sky WiFi’s main focus is to provide full support and installation of wireless networks for building owners and municipalities. Pie in the Sky Wi-Fi supplies wholesale services to businesses seeking to improve the competitiveness of their business properties and towns.
Wireless (WiFi), which has a large potential for installation and ongoing management, has grown significantly in the past year. It is expected that it will continue to grow at a steady rate of not less than 50% per annum. Pie in the Sky WiFi expects the overall industry segment to reach $2 billion annually in the fourth year. The Wi-Fi industry as a whole is on track to become a $190.8 billion powerhouse. This year is the beginning of a paradigm shift in how Internet services, hardware and security are all delivered to users throughout the world. Pie in the Sky Wi-Fi has an opportunity to be one of the first movers in this rapidly growing market. Because of the fragmented nature of the market in its current state, the threat from potential competitors is not necessarily a bad thing. Additional competitors in the market will help to increase industry awareness and drive overall sales within the industry. There is a great opportunity in this sector. Pie in the Sky wi-Fi is aggressively distributing its services to all areas of demand, taking advantage of the immediate opportunity to establish a presence in this new market. Pie in the Sky WiFi’s innovative sales strategy and install manager strategy will allow the company access to all potential opportunities, regardless where they are located. We believe that market consolidation and the opportunity for a ‘#8220gold-rush’ will occur by year 4.
Management aims to position Pie in the Sky Wi-Fi as a target for market consolidators looking to gain market shares and build a bigger national network by the end. Pie in the Sky WiFi will be in a strong position to sell the business if the business plan has been executed according to schedule and all milestones have been met. The most likely aggregators will be the larger telecom, cable or electrical companies currently looking at providing these services via public “Hot Spots” or through cellular networks. The market will see many new companies enter it over the next four year, including those cellular and telecom companies. The market focus of Pie in the Sky Wi Fi allows for many small and large competitors. Pie in the Sky Wi-Fi plans to sell the company for $20 million as a going concern, based on the pro-forma Income Statement and the estimated Balance Sheet.
1.1 Objectives
Over $500,000 in sales the first year
3 Year increase in contracted sales force from 30 to 30
In the year 3, net worth exceeds $2,000,000
1.2 Mission
Our customers will find it much easier and cheaper to use Pie in the Sky Wi-Fi. We will lower the cost of installation, make it portable, and offer high-quality customer service. We will offer investors a ground-level gateway to the next major technology trend. This will result in high value returns for our investors when we sell the company to a market consolidator at the end.
1.3 Keys to Success
Management’s skill combination: business, sales, technology, and branding expertise
First-mover advantage in an emerging market
Comprehensive database of installers, keeping track performance and skill levels
I Tech Solutions is a consulting-oriented company, intending to fill in the market need for a professional, customer-focused computer company. To differentiate itself from other price-oriented computer companies, I Tech Solutions emphasizes support and service. We are close to entering a lucrative sector in an industry that is expanding rapidly. I Tech Solutions has the opportunity to enter this market due to the current trend toward increased competition and an increase in entrepreneurs.
We are located at (discussion left out), and we recognize that to succeed, we must be flexible and responsive to our clients. This will allow us to delight them by giving them what they need, when and where they want it, before the competition. The company intends to achieve this through a solutions approach that is customer-centric, and in which the customer’s business objectives enjoy top priority.
Once the client understands and describes their business, they will use industry-leading products and the best industry skills to create a custom solution to help them succeed.
Our marketing strategy is based on helping clients identify the needs of the service(s) and making the appropriate information and service available to them. We plan to develop a market penetration strategy that will help our services be well-known and respected within our respective industries. The strategy will communicate a feeling of quality and satisfaction through every photo, promotion, and publication. Our promotional strategy will involve traditional advertising, Internet marketing, personal selling, public relations, and direct marketing, details of which are provided in the marketing section of this plan.
It is important to recognize that make our intangible resources, such as our ability to relate to customers regarding their needs and wants, management style, corporate culture and commitment. These characteristics will make us different from our competitors and allow us to build a sustainable competitive edge.
We don’t just want to market and sell our products and services. Instead, we intend to offer customized services and products to our clients that will optimize their output and help them achieve their goals and objectives. However, for us to attain the above stated we shall need funding from outside investors.
NOTE: All currency amounts in the tables and charts are expressed in the Botswana Pula(P).
1.1 Objectives
Our business strategy will revolve around the need to provide quality products and services to our various target customers. This will be achieved by establishing a professional team, and providing quality services that are customized to meet the clients’ needs.
We intend to attain the following objectives:
We should develop a strategy for following up with clients to assess their performance.
To ensure that all departments work together towards achieving company goals by establishing and measuring cross-functional communication.
To foster a culture of continuous improvement to achieve customer satisfaction and efficiency.
We are committed fully to supporting economic growth.
1.2 Keys to Success
Efficient market segmentation by identifying niche markets and implementing strategies will be the key to success of projects. These will be the key success factors.
Excellence in fulfilling the promise. Complete confidentiality, reliability, trustworthiness, expertise, and service(s). This requires that we have the best technology, hardware and software as well as highly-trained staff to be able to deliver on our promise.
It is important to respond quickly to clients’ orders. We can’t afford to delay our clients, for any reason. This could have negative consequences on our image, reputation and future business. To provide solutions that are tailored to the client’s needs, we must communicate with them constantly.
Expertise and depth of understanding: Given the nature of our services, and the relative newness of their market, it is crucial that our staff have the necessary skills and knowledge to provide the service(s), if any, to end-users.
Clear product and marketing positioning. We don’t want our company to be associated with all the vendors in the marketplace. Therefore, we will aggressively market the business and services we offer to make sure we remain at the top minds of our clients.
Utilizing a broad range of expertise: The company’s diverse alliances will be a great asset to its technological and training partners. I Tech Solutions will reap the benefits of the intellectual and technical skills of its partners in the areas of product support, design, system integration, implementation, execution, lifecycle support, understanding, training, as well as in the application and support of new technology.
1.3 Mission
Company Values
I Tech Solutions is committed in fair and ethical dealing with employees and other stakeholders. This will be achieved through the implementation of these company values:
We aim to be responsible corporate citizens and fulfill our obligations as a member of society. Our business decisions will give appropriate weight and consideration to social and environmental impacts.
We aim to offer products and services that are uncompromising in quality.
We want to establish lasting, mutually beneficial relationships with all of the commitments we make. This will ensure that they remain honest and transparent. Our communication will be open and accurate, both internally and externally.
We will strive to live up to all the above values and promote our employees to do the same.
We believe that the implementation of company values will help us achieve our goals and objectives, particularly for the benefit of those in the communities we will work.
I Tech Solutions was built on the assumption of business management being similar to accounting and legal advice. Smart business owners need to find reliable suppliers of software, hardware, services, and support. These vendors should be treated as trusted partners, just like their professional service suppliers.
I Tech Solutions plans to be this solution provider. We will serve our clients as trusted allies, providing them with the loyalty of a business partner and the economics of an outside vendor. We want to make sure our clients have everything they need to run the business with maximum efficiency, reliability, and effectiveness. Because many of our information applications can be extremely critical, we will make sure that our clients are able to rely on us when they need. The mission statement of our company summarizes the above in these words:
“The company is committed to using emerging technologies to provide the highest quality products and services, customer support, and security.
A full-service spa salon with a focus on customer satisfaction is essential. It should provide excellent service, high quality products, and an enjoyable environment at a fair price.
Solution
We are committed to providing services and products that will improve the physical appearance of our clients and promote mental relaxation.
Market
We will target both male and women who are fashion conscious and have disposable income. Although our clients are predominantly women, we will also include men who meet the criteria.
Competition
Although there are many salons similar to ours, they tend to be located in high-income areas of MyTown or the surrounding area. These so-called “Day Spas” are not our competitors. We offer a middle-ground for clients who are unable to afford luxury salons.
Why Us?
Trend Setters will be able to sell a wide variety of beauty services and products once operations begin. Our services include top-quality hair, nail and skin care, as well as the best beauty products. Trend Setters’ uniqueness is in our ability to provide all of the services in one convenient location.
Expectations
Forecast
The forecast shows small profits leveling out in the third year. We believe this is realistic, even conservative. We will continue to monitor the actual results and adjust the forecast as necessary.
Financial Highlights by Year
Financing is Required
We will need $60K to make an owner’s investment, and $50K for vendor financing in order to buy equipment.
The $50K cash cushion, $9K initial expenses and $53K tangible asset at launch are the starting costs.
FireRescue Depot is an exciting start-up business that has been registered as an Illinois S Corporation. FireRescue Depot is a vendor of fire department and search and rescue hydraulic tools. FireRescue Depot is able to offer a full line of hydraulic tools made by all the major industry manufacturers. This sets FireRescue Depot apart from other vendors. FireRescue Depot offers a large product selection because they have arranged drop ship agreements with all the manufacturers. This greatly reduces inventories. Steve Dalmatian was the founder of FireRescue Depot. A competition awarded $50,000 in prizes to the winning ecommerce business plan. FireRescue Depot’’s unique approach in offering an extensive selection and also its ability to address the common pitfall that large inventories can lead to, the plan won the competition. Steve’s initial validation of his innovative, profitable business model was when he won the competition.
Products– FireRescue Depot will offer several different classes of tools for fire and search/rescue departments. These classes are the foundation of a department’s toolbox.
Rams are used in punching and pulling, as well as for shoring, stabilizing, and supporting. With up to 15,000 pounds of punching force, they can easily displace a dashboard, move a steering column, or stabilize a vehicle. Available in various sizes.
The best cutters offer maximum flexibility and cutting force. You can choose from various sizes and pressures to fit your needs. There are many models to choose from, including different sizes and jaw designs.
Spreaders are used to separate different materials such as metal, timber, and other mass-materials. Different models have different spreading distances (24-40inches), and different spreading forces (19,000 – 37,000lb).
Combination tools mate cutters and spreaders into one tool. These are useful tools when you have to move metal. They also provide quick response times and the cutting power needed.
Market– The following is a description of the two distinct customer segments that FireRescue Depot has identified and will tailor their marketing and sales activities toward.
FireRescue Depot targets two market segments. The first market segment is the urban fire and emergency departments that have more than 10 employees, serving more then 10,000 people. 3,435 potential customer have been identified. The annual growth rate is 8.8%. Rural departments employing fewer then 10 people and serving less that 10,000 people are the second category. This segment has 8,787 potential customers and grows at an annual rate 7%.
Management FireRescue Depot’’s management is aware that even though business models and ideas may change over time, what is most important to a business are the people who can execute a well-designed business plan.
Steve Dalmatian is the FireRescue Depot manager. Steve is well-equipped to handle the business opportunity. Steve is a veteran of three years working in a fire service, where he assisted in many rescue operations. This experience has given him a deep understanding of the industry and its technology. Steve’s MBA from Loyola University gave him extensive business skills.
Mission
FireRescue Depot’s mission is to be the best vendor of fire- and rescue equipment. Through a combination of outstanding selection and attention to detail, this customer-centric organization will be known as the best retailer for the price and customer service.
Keys to Success
FireRescue Depot identified three key keys to success that are essential to sustain profitability. To determine if an organization is meeting these key requirements, the organization will continuously monitor them.
You should identify the most popular products on the market and then sell a variety of them.
Excellent customer service is key to building long-lasting relationships with customers.
Design and implement strict financial controls.
Objectives
FireRescue Depot is identifying three objectives that will serve to set lofty goals but are achievable for the entire organisation. These objectives are:
To be a major vendor in fire rescue hydraulic tool markets.
To achieve profitability in 24 months.
To increase market penetration to 15% over the course of four years.
This plan provides detailed investor information and includes the basic strategic business plan necessary for initial establishment and operation of Full of Bologna, A Taste of North Italy restaurant, bar and lounge at the new and exciting Greensward in Niceburb, Stasistate. The Greensward, which is a $58M fully funded project will open with its Firedrake Glass School and other high-traffic novelty shops and gift shops. There will also be museum traffic of around 2,000 people every day during the summer. The Gaming Bill will be passed in the Stasistate Legislature, which will increase traffic to 12,000+ daily.
Loess Cairn Commons, LLC, created a separate plan called The Greensward. The plan spans over 100 pages. That plan outlines the business growth, methods, procedures for operation, and infrastructure management. It also contains letters of support from governors and state officials as well as high-ranking business leaders. A third report, comprising 100+ pages, supports the business plan. It was prepared by CVE Gambier Bay Real Estate Services, Inc. and was prepared for Ms. Kitty Morris, Vice president of First Niceburb Bank.
A team of experienced managers are developing this business.
Full of Bologna targets local residents, tourists and gambling visitors as well as patrons of tourist restaurants who want great food and an interesting atmosphere. Niceburb is found between the Warfside Memorial Bridges, and Stasistate Memorial Bridges. The Greensward is a 25-acre mixed-use public/private development with nautical themes on the Stasistate River, Historic Niceburb, Border County Stasistate. The property development will be comprised of seven buildings totaling approximately 191,000 square feet of retail, restaurant, hotel, and office space, including food court and entertainment.
The Greensward is in the Gigametro-Megametro-Jumbometro supersprawl statistical area along the Stasistate River. These buildings are in Stasistate. As the development border is at low mean water, an area established in the original settlement days, the dock and its ancillary-pier with its 17-foot draft, is currently in development.
The Greensward is easily accessed from both the Interstate and state highways. A 45-minute drive will take you to the population of 3.6million. Within a 45-minute drive, you will find the metro airport, an upgraded general aviation airport, a leading helicopter facility, and Amtrak.
The city of Niceburb is in the process of revitalizing. Niceburb has a lot to offer. The people who live here expect a place with everything. Bologna restaurant will open in the area, as well as a lounge and dancing. Our friendly staff, excellent food, and fun atmosphere will make us a household name in the area. We’ll succeed by offering a mix of great and interesting food in a setting that attracts successful people who want to experience more of life than the average.
Full of Bologna, A Taste of North Italy will be formed in January in Stasistate, as an LLC corporation under the Laws of Stasistate.
Fluno, former Executive Chef for the President of United States, is responsible for design, building and development of company policies, as well as hands-on management of daily operations. He also managed a budget of $51 million annually for 37 restaurants in Hawaii, Tokyo, Japan and Brussels, Belgium. The chain employed 400+ people to serve 5,000 meals daily for the federal government. His 30+ years of experience range from restaurant management for the very first family (small), to hands-on operation success in one restaurant (medium hard-core) to global leadership of a restaurant franchise.
Tsoutsouros Graviera and Vasto Parmigiano Jr. are also included. All of them are well-seasoned in the restaurant and advertising business. A 26-strong team of customer-focused and team-oriented employees will support the management team.
Full of Bologna retains the services of a CPA company to conduct professional company audits and prepare taxes. They also serve as business consultants to help in setting achievable long-term strategic goals. Payroll will be done in-house as we are already established experts at it, as well as collection and payment of sales and use taxes (both Federal and multi-state regulations and forms).
Full of Bologna offers quality family food, entertainment, catering services and more to Niceburb, Border County, as well as the surrounding area. It will fit prominently into the Niceburb Greensward project and is listed as building #7 in their business plan and design. Two other projects are part of The Greensward under Gorgonzola – a restaurant on the river (Jolly Jack-tar Restaurant and Show and a hotel with conference and catering facilities (The Highfalutin Hotel and Spa). This restaurant is the second Jolly Jacktar Show and Restaurant (#1 is in Historic Malaria Swamp Village Museum at Cape Flotsom in Stasistate).
Based on the current prices in the restaurant market, Full of Bologna has the potential of high net worth by year four and that is based on very conservative estimates and under-inflated projections. With good management, a tremendous revenue growth is expected.
The amount invested by each investor will determine the equity. An in-depth look can be found in our Business Ratios.
These are ways to reduce the risks that could hinder Full of Bologna’s future success.
Secure sufficient capital for construction and to cover the costs of the initial operation. All investor capital will remain in escrow till the project is fully funded.
Maintain low overhead cost which increases the bottom line profit. Multi-skilled personnel will be employed, and a continual training program will ensure they deliver consistent, superior service, where customer satisfaction is paramount.
Establish a loyal customer base. The demographics will determine the location of your business. An aggressive marketing program, executed by a full-time staff member, will help you achieve your goals. Particularly when you are working with The Greensward.
Get involved with your community to show how the company will benefit your quality life. To help local civic groups achieve their financial goals, community projects will be created using the bowling center’s facilities. For tours of the bowling centre, schools, churches, and any other group are welcome.
All payments can now be made with cash or credit, which eliminates the need of invoicing and collection.
1.1 Objectives
Here are the goals for Full of Bologna.
We want to create a restaurant that exceeds customer expectations.
Superior performance and word -of-mouth referrals to increase customer service by at most 20%
At the end of your first year, you should have a 60% return rate on clientele.
Be a destination community by the end of the first calendar year for the 3,000,000 residents living within a 30-minute drive.
Keeping food cost under 35% revenue.
Maintaining employee labor costs between 24-29% and revenue.
You must establish and maintain a reputation of excellence in food and service.
Averaging annual sales between $1,000,000-2,500,000
Expand our marketing in Pennsylvania, Stasistate & New York.
Success Keys 1.2
Our unique, innovative and high-end dining environment will set us apart from our competitors. The unique design of the restaurant and its decor will make it stand out from all the others in the area. Our waiters and waitresses dress will be stunning in period costume. In a relaxed atmosphere, we will provide a high-quality dining experience. We will have serious seating inside the casino and covers for every day due to the expected 12,000 visitors per day.
Product quality. It’s not just great food.
The menu will appeal to a wide and varied clientele. It is international with the interesting twist of offering genuine traditional recipes of Bologna and surrounding areas of North Italy. Of course, we will have all of the American-Italian favorites available as well. Huge meat balls, massive lasagnas and fresh pasta.
We will be hosting special theme nights including restaurant nights, artist openings, Easter dinners. Full of Bologna is sure to attract many different clients.
Cost control is a must at all costs. Due to intense competition, restaurateurs must look for ways to differentiate their place of business in order to achieve and maintain a competitive advantage. Full of Bologna was founded by this realization. With its re-development Niceburb needs a place that will fit into the ‘new look’ of the community that is sophisticated and entertaining. We are able to offer a niche market in the market and have an opportunity because there is no other restaurant in the area that offers this type of concept and atmosphere.
