Inspirational Grounds will provide a relaxing, Christian-focused, neighborhood-centered place with freshly roasted coffee, specialty drinks, good books, and music. There is a rising demand for Inspirational Grounds. Our target market desires:
- South Central Minneapolis Neighborhood Businesses
- A great coffee at an affordable price
- A place where you can socialize with other people with similar interests
Inspirational Grounds’ goal is to provide a welcoming environment where Christian neighbors can interact in a non-denominational, social setting.
Inspirational Grounds is incorporated as an S corporation. This will protect the owner’s personal liability and double taxation.
This proposal has been prepared for financing in the amount $80,000. This financing will be used to prepare the site, buy equipment, and pay expenses for the first year. The owner will invest $15,000 in the business.
Inspirational Grounds will have the financing to launch and sustain its operations. Inspirational Grounds will have the capital to offer quality products and an inviting atmosphere to its customers. A unique, upscale and innovative environment is required to provide customers with an atmosphere that will create socialization. Inspirational Grounds can be successful in its first year and have a customer base which will allow it to be self-sufficient in year 2.
Even with our conservative sales forecasts and positive cash flow, we will repay the loan in 12 year terms, have a positive net value of $27,000, and maintain a positive cashflow throughout the month. Over the next three year, we expect our net profit to rise from $12,000 and above $14,000.
1.1 Objectives
The goals of Inspirational Grounds for the first three-years of operation are:
- Inspirational Grounds will be different from other coffee shops by creating a unique, innovative, and luxurious spiritual environment.
- Inspirational Grounds will be the place to go for high quality coffee in an inviting atmosphere.
- The formation of an environment that will bring people with diverse backgrounds and interests together in a common forum.
- To be an active member of the community and provide continuous re-investment via participation in community activities as well as financial contributions.
- Consistently providing excellent specialty beverages, bakery items, inspirational books, and music.
1.2 Keys for Success
The keys to the success for Inspirational Grounds are:
- Inspirational Grounds will be different from other coffee shops in the area and future coffee shops by creating a distinctive, innovative, and upscale environment.
- Customers will enjoy a unique experience and a high-quality product when fresh coffee is roasted daily on-site.
- High quality beverages and products are sold.
- The creation of an environment that will not intimidate the spiritual seeker. Inspirational Grounds will position itself as an educational resource for individuals wishing to learn about the benefits of growing spiritually.
- Inspirational Grounds was established as a community hub for entertainment and socialization.
- Encourage love and service as the two most important values of Christianity.
1.3 Mission
The local coffee shop can be a great addition to your church, offering excellent fresh roasted coffee and non denominational Christian books and tapes. Inspirational grounds is a specialty beverage company that provides freshly roasted coffee beans, coffee/espresso drink and information to enhance our customers’ spiritual experience. We understand that coffee drinkers who are looking to grow spiritually need a destination.
Our vision is for Christian coffee drinkers to find a nonsecular place in the Twin Cities. Inspirational Grounds offers a unique environment that is upscale, educational and motivating, and which inspires people of all ages.
We believe that it is important to stay involved in the community.
