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Jennifer Raney Herriage

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UK Furniture Manufacturer Business Plan

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UK Furniture Manufacturer Business Plan


Fulham Furniture Mfr. Since discovering high-end Direct Mail channels, Fulham Furniture Mfr. has experienced rapid growth. Through the help of distributors of office equipment, which sell directly to larger businesses, we were able create another channel.

This business plan anticipates that we will continue to grow our business for three more years. We are careful planning to manage our growth and ensure steady cash flow because of the impact that sales growth has had on working capital.

We also anticipate being more profitable than ever. All in all, this plan represents a healthy company that has good growth prospects and is looking to manage its steady growth.

1.1 Mission

Fulham Furniture Mfr. Fulham Furniture Mfr. creates productive, pleasant offices with well-designed furniture. We are sensitive to the look and feel of good wood and fine furniture as well as to high-powered personal computing. Customers who value high-quality office environments want us to provide the best value. We strive to give our customers the best value. Our office and workshop environments are creative, supportive, friendly, and fun. Employees are paid fairly and encouraged to respect customers and the quality of our products. We strive to achieve fair and responsible profits that are sufficient to maintain the company’s financial health over the long term, and to compensate investors and owners equally for their risk and money.

1.2 Keys to Success

  • Uncompromising commitment towards the quality of the final product: quality wood and workmanship, quality design, quality result.
  • Niche marketing can be successful: We must find quality-conscious customers in the right channels. Customers need to be able to find us.
  • Assembly that is almost automatic: Although we cannot afford to ship desks fully assembled, the assembly should be so simple and automated that the customer feels better about the quality of the product, not worse.

1.3 Objectives

  1. You can increase your sales by focusing on the new channels.
  2. Despite an increase in sales, you should maintain a high Gross Margin.
  3. In Year 3, increase net profit/sales ratio proportionally


Sports Equipment Rental Business Plan

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Sports Equipment Rental Business Plan


Velocipede/Snowpede Borrow Bank (VS), a Eugene rental company specializing on snowshoes, is based in Oregon. VS will offer rental of tandem, mountain, or road bikes as well as a variety size snowshoes. Bicycles will be the primary source of revenue from April through November. When the Willamette Valley gets its rains and snowfalls upon the Cascade Mountains in November, snowshoes will be the primary revenue source. Velocipede/Snowpede will provide customers with a detailed map/trip log for both snowshoes or bicycles. The customer will be able follow the trail and find amazing hiking and biking routes. Eugene is a good place to do these kinds of activities due to its enthusiastic cycling population and proximity the Cascade Mt. range.

Eugene has a few rental stores for snowshoes or bicycles. However, their primary line is retail. Renting can be an additional distraction. VS will continue to grow market share through their outstanding customer service. They will become profitable in nine months and generate $150,000 annually in revenue.

1.1 Objectives

The following objectives are set for the initial three years of operation

  • To create a service-based organization whose primary goal it to exceed customer’s expectations.
  • To increase the number or clients served by 20% per annum through superior performance.
  • To establish a viable start-up company that is able to survive off its own cash flow.

1.2 Mission

Velocipede/Snowpede Borrow Bank’s mission? To provide customers with snowshoe and bike rentals as well a suggestion of journeys. We are here to maintain and attract customers. When we adhere to this maxim, everything else will fall into place. Our services will meet or exceed customer expectations.


Catering Business Plan

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Catering Business Plan


Opportunity

Problem

Society has limited resources for the less fortunate or homeless youth population. Eugene has seen a surge in homeless teenagers fleeing their home. They will stay for a few months, and then they’ll travel down to California for the winter. These are young adults that don’t understand how to become part of society. They can’t provide for themselves and eventually they have children and the cycle continues.

Solution

”

We offer assistance with career planning and education for at-risk young people in Lane County. This experience should be valuable to our clients. We do this through a series of curricula funded by the Lane Workforce Partnership, Oregon Youth Conservation Corps, Oregon Department of Human Resources, and the local school districts.

Our most recent program is a culinary art program. It teaches students how to prepare food safely and properly and allows them to then make lunches for other students at the Chambers School. After completing the 9-week curriculum, students are placed with a local food service business for a 60-hour practical training where they can continue to develop their skills. The culinary arts program is currently available to five students each 9-week school term or 25 students per annum. Students enrolled in the program are selected because of their sincere interest in the culinary field and their excellent attendance.

“

Market

”

Eugene Area Chamber of Commerce states that “[a]t heart of Eugene economy is the homegrown small- and medium-sized businesses. Eugene’s businesses employ less than 20 people. Eugene’s small business community, which includes financial services firms and specialty retail shops, as well as management consultancies and ethnic grocery stores, is active, vibrant, thriving, and well-supported. There are over 10,000 businesses within Eugene, including sole proprietorships or limited partnerships. This new growth has brought new businesses to Eugene/Springfield and expanded opportunities for caterers who can meet these needs.

Catering For Kids predicts that Eugene/Springfield businesses are experiencing unmet demand for catering services for lunch meetings and other events. And unlike other restaurant and food-related businesses, business to business catering is not as cyclical as business to consumer catering. Businesses continue to have lunch meetings and employees who wish to purchase their lunches year round. A limited amount of market research was done to gain insight into market size, demand, and market trends. A survey was sent out to 144 Lane County non-profit organizations. It asked for their current and future needs in catering services as well as their interest in supporting a nonprofit catering company. These are just a few of the many responses we received.

“I think this idea is great and could be an asset to the community. Springfield/Eugene Habitat for Humanity is not known for hosting many lunchtime meetings. However, there are about 13 to 14 Habitat Executive Directors that meet about every three month. Susan Brown, Volunteer Coordinator, Eugene/Springfield Habitat for Humanity

If we have an event that needs catering, we’ll call your program first. We use nonprofit organizations first when we need services.

“Our needs for catering are not very large, maybe a few times a year. I am available to talk about the program. However, you may contact me to discuss the program.

&#8220: We have General Membership meetings that require 50 to 100 persons. I’m not involved with arranging the meetings but do know that our organization is in need of a place to meet where food and beer can be served. You might hear from Dave. I think the first meeting is in October.

“

Competiton

There are many other caterers that offer boxed lunches as well. However, none of these businesses specialize in serving the nonprofit sector, nor are they themselves a nonprofit that benefits the local community. Catering For Kids will be able to build strong relationships with its nonprofit clients.

Catering For Kids is the best caterer in Lane County. We believe this unique position combined with high-quality, competitively priced meals will make it the top choice for Lane County nonprofits.

Why Us

Catering For Kids is dedicated in providing opportunities for at-risk young people to gain valuable work experience. We are committed to offering healthy, homemade meals and outstanding service at affordable rates to our customers. Employees of Catering For Kids will be students who are enrolled in the culinary arts program at the Chambers School and Career Center and are interested in gaining work experience in the restaurant and food services industry. These students will gain valuable experience that will aid them in transitioning from school to work. They will also be able develop entrepreneurial skills that they can use in their future jobs.

Expectations

Forecast

”

Below is a benchmark chart that shows our key financial indicators over the past three years. We anticipate a steady but slow increase in the demand for our services, and an increase in operating costs. Catering For Kids’ first year will only serve its internal markets. Then, in year 2, we will begin to expand our reach to the external marketplace.

“

Financial Highlights by Year

Financing is Required

One of our revenue lines is grant funding, $15,000 annually. And we need and anticipate donations of $2,000 per month, plus some revenue from fees for lunches and event catering.

Benefits Administration Business Plan

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Benefits Administration Business Plan


Employee Benefits Administators (EBA), can provide outsourcing benefits administration services for small to mid-sized businesses. The office, located in Morgantown, Pennsylvania, has opened for business.

Many employers today are looking to outsource any function that is not directly linked to the generation or income. Human Resources Administration is therefore one function that should be looked at first, since it does not directly contribute to the generation of income.

Outsourcing can be a proactive way to increase productivity and reduce costs. Employee Benefits Managers aim to deliver high quality benefits administration services and customer service to clients, allowing them to focus on other strategic initiatives.

EBA will initially target clients with ten to 500 employees when it opens. The service will offer four levels of customization, so clients can choose the one that best suits their needs.

  • COBRA (Consolidated OmniBus Reconciliation Act) and HIPAA (Health Insurance Portability and Accountability Act) Administration
  • Flexible Spending Account Administration
  • Basic Benefits Administration for health and welfare plans, including a call center
  • An ‘#8220’ All-Inclusive level which combines all three levels

EBA will market their services through insurance brokers, business associates, local businesses, professional associations, and other organizations. EBA plans to be certified in Pennsylvania as a WBE, Women’s Business Enterprise, in order to conduct business at the State, Federal and Local levels.

Employee Benefits Administrators has been established as an LLC (Limited Liability Company). Cindy Wells, Diane Davis and the company’s principals are equal owners. They have over 25 years of combined experience in corporate benefits administration, employee relations and communications, legal compliance, and a history of providing outstanding customer service. Their experience in dealing with all levels of management as well as employees, gives them an edge over their competitors.

This business plan is designed to forecast all financial statements for three year and to receive initial funding. This will cover initial start-up costs as well as operating expenses for the first year. Employee Benefits Administrators expects substantial revenue in year one and phenomenal growth in year two.

1.1 Objectives

EBA hopes that the next three year will bring about:

  • Substantial first year revenues with incredible growth in next year
  • For COBRA services, one client per month is new. One client per quarter for all-inclusive and basic services.
  • By the beginning of Year 2, there were three staff, and by Year 3, there were seven.
  • To move from strictly providing benefits administration to offering services for payroll and/or all other HR services that clients are interested in outsourcing by Year 3.

1.2 Mission

Employee Benefits Administrators provides high quality benefits administration and customer service for small to medium sized companies, allowing them to focus on their strategic initiatives.

Success Keys 1.3

EBA’s keys to success include:

  • Excellent communication skills and customer service skills. #8212; confidential, reliable and trustworthy expertise and information
  • The best Human Resources Information software module on the market
  • Thorough knowledge of benefits administration issues


Pizza Delivery Business Plan

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Pizza Delivery Business Plan


In the last three years, South Gate’s west side has seen a surge in population. More than 3,000 people now live in the Westside. With this opportunity, local businesses are slowly catching up. Tsunami Pizza will be opening a new delivery service for pizza in the westside.

Currently, the area’s closest pizza restaurant takes up to 45 minutes to deliver a pizza. Tsunami promises to cut delivery times by 20 minutes.

Tsunami will provide a better pizza at a lower cost and deliver it hotter to your door than any other competitor.

1.1 Objectives

  • Capture most of the Westside pizza delivery business.
  • Provide superior customer service and a product that is high quality at a very affordable price to our customers.

1.2 Mission

Tsunami Pizza strives to be the best delivery service for pizza in the Westside.

1.3 Keys To Success

  • Customer loyalty is promoted by a superior product.
  • A business location where the pizza can be delivered quickly.
  • Great customer skills are essential for delivery people.


Vineyard Bed & Breakfast Business Plan

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Vineyard Bed & Breakfast Business Plan


The Enchanted Vineyard Bed & Breakfast can be found in Eugene’s Lorane Valley. The beauty and number of vineyards in the valley are well-known. Missy Stewart is the sole proprietor of the B&B. The Stewart&#8217s recently renovated house will host the B&B. Their home is the central point of the B&B experience. Each room has its own bath. The facility has a wonderful centralized living room for the socialization of the guests, a private garden patio, and an on-site winery on the Stewart’s 10 acres of land. The rooms have 65% of their walls that are windows, giving guests a breathtaking view of the valley.

Market

The Enchanted Vineyard is expected to compete with hotels and other B&Bs in the hospitality industry. The Enchanted Vineyard competes directly with hotels. Enchanted’s facilities are far nicer than other B&Bs for its size. All the B&Bs with less than 9 rooms are pretty standard houses that have been converted to a B&B. There is nothing special. Enchanted Vineyard is a newly renovated house with a vineyard set in a beautiful setting.

The Enchanted Vineyard will target three different groups. First, weekend getaway tourists. This is a group of people who are looking for a weekend escape from Eugene. Eugene is a charming town located in the Willamette River’s valley that is internationally renowned for its wineries. This customer group has 12,000 potential clients and is growing at 11% annually. The second group is out-of-town travelers which is growing at 10% with 18,000 potential customers. University of Oregon guests are the last customers that the B&B will target. The university brings thousands of visitors to Eugene whether they are professors, speakers, or parents. Once a relationship is established, it will bring you a steady stream of customers. This customer group is expanding at 17%, with 12,000 potential clients.

Competitive Edge

Two distinct competitive advantages distinguish the Enchanted Vineyard from its competitors. The first is the unwavering dedication to customer service and attention to detail. Stewarts know that their mission is to make sure their customers have the best stay possible. John and Missy will do everything to ensure that customers are satisfied. Their unique facility is their second competitive benefit. The facility is so wonderful in part because of the actual structure which is a wonderful place to stay. Its location overlooking the Lorane Valley is what makes it unique. This beautiful area is home to many wineries and vineyards.

Management Team

Because of its management, The Enchanted Vineyard can continue to build on its solid business model. Missy has earned her MBA providing her with invaluable business skills. Missy was part of a group of five students who opened their own service company while she was studying for her MBA. Missy also has a wealth of experience from the B&B business, which gives her great insight and is relevant to what she’s doing right now.

The Enchanted Vineyard will have the opportunity to make use of its unique facility and transform it into a beautiful, special B&B for Eugene. Missy, the sole proprietor, will do this with passion and expertise. By year two, the B&B will be profitable and will generate over $77,000 revenue by year three.

1.1 Mission

The Enchanted Vineyard Bed & Breakfast aims at providing the best B&B experience. Our goal is to keep and attract customers. When we adhere to this maxim, everything else will fall into place. Our services will meet or exceed customer expectations.

1.2 Objectives

The Enchanted Vineyard Bed & Breakfast aims for the first three year of its operation with these objectives:

  • To create a B&B with a primary goal of exceeding customer’s expectations.

  • The Enchanted Vineyard Bed&Breakfast is available for use by guests every week.

  • To increase our number of clients by 20% per year through superior service.

  • You must be able to survive on your own cash flow to build a sustainable business.


Bicycle Courier Business Plan

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Bicycle Courier Business Plan


Two Wheeled Oracle offers a bicycle-based courier services in Portland, Oregon that caters to law firms. The Oracle is able to transport documents as well and small parcels for clients, other law companies, as well file documents with clerks. Law firms will be our primary customers. Non-law firm customers will also be serviced, but they won’t be targeted.

The Oracle will give law firms industry insight and reliability, which will enable it to provide better service than the existing service providers. This will allow the company to rapidly gain market share. The company will reach profitability in month nine and the revenue for year two will be very comfortable.

1.1 Objectives

The objectives for the first three years of operation include:

  • To establish a service-based company that exceeds customer’s expectations.
  • The Oracle must be used by at least 30 different law offices.
  • To increase the number client served by 20% per année through superior service.
  • To create a profit-generating start-up within the first year.

1.2 Mission

Two Wheeled Oracle’s mission, according to Two Wheeled Oracle, is to provide law companies with fast and eco-friendly delivery services. We are here to retain and attract customers. If we live by this maxim, all else will follow. Our services will exceed the expectations of our customers.


Funeral Home Business Plan

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Funeral Home Business Plan


U.S. funeral directors are using ceremonial practices to mark death. This is causing a growing number of Americans to feel unserved. This plan details how the Evergreen Life memorial Center (the Center), intends to establish and rule a new category as a funeral provider in AnyCounty. It also details how the financing it acquires will be used toward this end.

The Center will be established as an LLC within the Anytown metropolitan region. Stan Peters, a veteran funeral director and embalmer, will hold the center’s sole ownership.

The Evergreen Memorial Center will give Anytown and its surrounding communities a way to honor the death of any individual and to provide support for those who are grieving. It will feature a reception space for social gatherings that can be held after the funeral. This will promote human connection and uplifting remembering. This is the way that the Baby Boomers are choosing to age. This facility will also serve as the foundation of the Center’s strategy of community involvement. It will help to quickly develop the Center’s reputation to attract business and benefit the charities it supports. Digitized photos will be used for the reception as well as on our website to extend the celebration of the individual’s life beyond the funeral.

Based on national average prices, the Center can reach its $768,213 market share in just four years. Current prices put the Center at $841,412. A funeral home’s average gross margin is 62.5 per cent. The Center expects to make an annual profit of about $194,000 from the funding request of $225,000 in the fourth year. There will be further increases due to inflation.

The Evergreen Life Memorial Center will enable those who have lost a loved one to death to, for the first time ever in this era, be accepted into the community of living. A new center will be established for community involvement. It will also be possible for the first-ever time that the Boomer generation can leave the way it was.

1.1 Objectives

The Evergreen Life Memorial Center provides celebration of an individual’s life and social support to bring closure and move ahead with living. By Year 4, the Center will be a place where prominent Baby Boomers can celebrate their lives.

This is possible because the Center will build facilities that bring together families and communities to celebrate the lives of the deceased and to renew social support.

You can find digital photos and films from the funeral home and online.

Stan Peters will be involved in a variety of non-profit organizations that will have these facilities free of charge. This will:

  • Establish positive associations and tie the Center into your community.
  • Establish a strong reputation for the Center by hosting community events that the media will want to publish.
  • Do your best to serve the owner’s desire to help others and improve the neighborhood.

Stan Peters is willing to serve as a leader in the creation of a local chapter, a nonprofit that supports children with life-threatening disease such as Make-A-Wish Foundation.

The Center will offer a guide to funeral planning for estate lawyers to provide to their clients.

The campaign will help to make this new category of funeral providers the first on people’s minds. Evergreen Life Memorial Center, “People remembering people.”

1.2 Mission

Evergreen’s Life Memorial Center’s mission aims to unite people to honor the end of life, and then to allow them to continue to live. The Center will be home to facilities that bring people together from all walks of life, in order for them to remember their loved ones and build support networks. The Center will focus nonprofit efforts to make the community more pleasant.

1.3 Keys to Success

Since 71% of people choose a funeral house based on their reputation, the key is to quickly build a reputation for this category as the welcoming place for the Baby Boomers.

Celebrate their life after they have passed.

Its reception areas will be the Center’s core. These facilities will foster positive interactions with people after the funeral, and will also be available for non-profit organizations. This will make the Center more positive, make it more visible, make it more accessible, and make it a place for the living.

The reception room and website will feature digital photos and films of the persons whose lives are being celebrated. The Center’s web presence will allow people to participate in the celebrations of life after the reception and funeral are over.

The Center is the ideal place to commemorate the lives of those who are prominent in the community by providing the best selection of caskets. This will increase our visibility and help us to be known.

Home Interior Design Business Plan

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Home Interior Design Business Plan


Claremont has seen a 6% increase in population over the last five years. 700,000. This is the current city’s population. The largest increase in the population is seen in southwest Claremont. It is the city&#8217’s most wealthy area. Southwest Claremont has seen a 20% increase in population over the past two decades. The average income of the area’s residents is $200,000 and their homes average $350,000. New construction in the southwest area of the city will result in 600 million in home sales in 2012. In addition to new construction, remodeling of existing homes has increased in this region. Last year, remodeling projects were up 20% over the previous year and accounted for $20 million paid for remodeling services in the area.

The building and remodeling in southwest Claremont has increased the demand for interior design services. The Claremont area saw $4 million in residential interior design sales last year. According to forecasts, sales will increase by 11% next year.

Hamlin and Park Design can offer many interior design services in southwest Claremont to suit any client’s needs.

  • On-site consultations;
  • Survey of projects and analysis
  • Space planning and furniture arrangement
  • Design concepts
  • Finishes & furnishings;
  • Custom designs;
  • Purchasing, delivery, & installation;
  • Project coordination and management.

Courtney Hamlin and Katherine Park have ten years of experience with the city’s top interior designs firms. Both have created a strong client base which will be referred to designers.

1.1 Objectives

Hamlin and Park Design offer a variety of interior design services that will meet the needs of any client in southwest Claremont.

The primary objectives of our firm are to:

  • Exceed customer expectations in service and product.
  • Superior performance can increase the number of clients served each year by 15%
  • Create a sustainable start up business that is profitable.

1.2 Mission

Hamlin and Park Design’s mission is to assure superior customer service by doing the following:

  • Open communication with clients. The explanation of the “pros and cons” of different selections and design options are discussed in detail.
  • Involve the client at every stage of the design process.
  • Exceed the expectations of the customer for the project.
  • Maintain continuing education of the latest development and innovations in the interior design field.


Electronic Engineering Business Plan

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Electronic Engineering Business Plan


Rosafarbenes Nilpferd & Sons Engineering, Inc. has established a strong foothold within a niche market for Product Category One* device technology. The potential market demand of 180million units outpaces current suppliers. It is also growing at 22% per annum. RNSE’s success in taking advantage of this boom market is evidenced by its recent growth in sales and profitability. The company’s sales are expected to increase from $280,000 in the first quarter to $1,600,000. By the end the first year, they will have reached $14 million. Similar growth will lead to significant increase in profits before taxes by Year 1 and continuing to grow through Year 3. These results will be achieved without large additions to fixed assets. A relatively small banking facility will be needed in the form of a line of credit of $150,000-$200,000 to support the necessary growth in current assets, half of which will represent prime corporate receivables.

*Note that this sample plan does not contain any confidential or improper information.

1.1 Objectives

Rosafarbenes Nilpferd & Sons Engineering aims to become the top-rated manufacturer of Product Category One Devices with the latest technology.

  1. Complete work to make RNSE&#8217’s products compatible (by the end month 5, Year 1 and at least three additional within a single year).
  2. Complete a thorough website redesign and get out a quality mailer to 300 Value Added Resellers (VARs) (by end Month 6, Year 1).
  3. After completing a media analysis, organize an effective advertising campaign in trade journals to target the telecommunications (industrial automation) and instrumentation sectors.
  4. By networking and partnering operating system developers, technology manufacturer, and other industry actors, you can arrange at most five banners/links in a reciprocal arrangement with key market-related sites.

1.2 Mission

Rosafarbenes Nilpferd & Sons Engineering’s mission is to create cutting-edge Product Category 1 solutions to appliance and equipment manufacturers who are often under pressure due to technology’s rapid pace to bring their products to market quickly. RNSE does this by having a small &#8220:think tank-style technical team and outsourcing manufacturing. It also keeps a marketing offering that caters to the most demanding Product Category One needs, while leaving the simple, high-volume, price-sensitive market requirements to the competition.

This sample plan does not contain confidential or proprietary information.

1.3 Keys of Success

There is such a high demand for Product Category 1 devices that the growth potential is almost insurmountable. However, it is possible to sell them successfully if you keep these key points in mind.

  1. Contract manufacturing of devices is possible, provided you have enough components. Careful planning in ordering sensitive components is essential, and sufficient financing must be in place to support long inventory periods.
  2. Avoid excessively time-consuming questions originating outside of the targeted market. Technology is a topic that interests everyone. It is crucial to filter through the inquires and respond to those that are within your sales and market parameters (needs between 100 to several thousand units, for high-end equipment).
  3. Move quickly to build a brand awareness for cutting-edge reliability. It is possible that there will be more competition for Product Category 1 devices. It will be even more difficult later to build an image.


DISCLOSURES

Texas Real Estate Commission Information About Brokerage Service

Texas Real Estate Commission Consumer Notice

About Jennifer

Unlike many who get into the field, real estate has been the only career for Jennifer Raney Herriage, who has excelled in serving clients for over 20 years.  Having grown up in a real estate family, Jennifer was first inspired by her mother, a broker … Read more...