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.
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.
Velocipede/Snowpede Borrow Bankâ€™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.