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Business Plan for Internet Caf

Extracts from this document...

Introduction

Year 9 Commerce Assignment 2004-Contents Page Page 1-Contents Page 2-1.0 Executive Summary 1.1 Where to find us? 1.2 Business Mission 1.3 Legal Structure of the business Page 3-1.4 Keys to success 1.5 Risks 2.0 Company Summary 2.1 Staff Requirements 2.2 Company Start-up Summary (includes financial plan) i) Project Cost Summary Page 4-2.2 ii) Project Financing Summary iii) Project Costs and Financing Notes Page 5-2.2 iv) Sales and cost of goods Page 6-2.2 iv) Sales and cost of goods Page 7-2.2 v) Expenses Page 8-2.2 vi) Income Tax, and Break Even 3.0 Services Page 9-3.1 Service Description 3.2 Competitors 3.3 Technology 4.0 Marketing Plan 5.0 The Near Future Page 10-17 Appendices Basic Building structure Business Plan for Internet Caf� 1.0 Executive Summary UIC, Ultimate Internet Caf� is unlike any other internet caf�. It's one of its kinds; UIC provides lightning fast T2 internet connection which is a lot faster than cable internet. Inside the premises there is a Caf� which has all your favourite beverages such as Easy Way, coffee and foods include buns, cakes and ramen. So no matter how busy you are you can always eat while you are chatting, playing games or surfing the net. At UIC we know what the public are expecting from any normal Internet Caf� that's why we've gone a few steps beyond what the public wants to give you the ultimate experience. We think that the public wants: 1) Access to ultra-fast T2 internet, with fast downloads. 2) Access and use facilities at costs they can afford. 3) Access to a luxury internet caf� that knows what comfy means. At UIC customers can buy our used or second hand games for especially cheap prices. UIC also sell accessories for your computer, as well as used computer parts, ie. Graphics cards, Motherboards etc. This business plan is prepared to obtain financing in the amount of $168000. The extra financing is required to have work on site preparation and modifications, equipment purchases, and to cover expenses in the first year. ...read more.

Middle

For the other rival internet cafes UIC will provide the lowest prices and memberships, and UIC has the best of the BEST computers on the market which provide top performance. Food and beverages are RRP. 5.0 The Near Future As UIC grows, more communications systems will be added and more and possibly better computer systems will be added to the network. The high demand of the best games for the people who are growing in generation X require computers with no lag and flawless graphics, that's why UIC upgrades their computer parts every Month to keep up with the best parts available on the market. As the demand for faster internet speed increases, along with the increase in competition of companies, UIC will continue to add new services to keep its customer base coming back for more. In the near future UIC might be all around Sydney but for the moment there will only be one in Hornsby. PROJECT ASSUMPTIONS NAME: UIC-Ultimate Internet Cafe PERIOD: August 2004 - July 2005 DATE PREPARED: 08/22/2004 Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul TOTAL MONTHLY SALES % YEAR 1 8.3% 8.3% 8.3% 8.3% 8.3% 8.3% 8.3% 8.3% 8.3% 8.3% 8.3% 8.3% 100% TOTAL SALES YR.1 169200 YR.2 177588 YR.3 186394 SALES % BY CATEGORY - YEAR 1 GROSS MARGIN % - YEAR 1 Beverages 1.4% Second hand game sales 3.5% Rates per hour usage 95.0% Beverages 100.0% Second hand game sales 100.0% Rates per hour usage 75.0% COST OF SALES % - YEAR 1 Beverages 0.0% Second hand game sales 0.0% Rates per hour usage 25.0% CHARGE SALES % 30 DAY R.O.A. 100.0% 60 DAY R.O.A. 0.0% 90 DAY R.O.A. 0.0% CASH SALES % 99.0% PURCHASE TERMS % 30 DAY R.O.A. 100.0% 60 DAY R.O.A. 0.0% 90 DAY R.O.A. 0.0% CASH PURCHASES % 95.0% [PC]=Project Costs [CA]=Contibuted Opening Year 1 Year 2 Year 3 Year 1 Dep. ...read more.

Conclusion

0 : 1 0 : 1 0 : 1 SALES TO EQUITY 0.8 : 1 0.4 : 1 0.3 : 1 FIXED ASSETS TO EQUITY 0.0 : 1 0.8 : 1 0.5 : 1 0.4 : 1 CURRENT DEBT TO EQUITY 0.0 : 1 0.0 : 1 0.0 : 1 0.0 : 1 TOTAL DEBT TO EQUITY 0.0 : 1 0.0 : 1 0.0 : 1 0.0 : 1 RETURN ON INVESTMENT AFTER TAX (%) 144.9% 73.4% 53.1% RETURN ON NET WORTH AFTER TAX (%) 59.2% 29.7% 20.9% PLAN SALES VOLUME 169200 177588 186394 BREAK EVEN SALES VOLUME INCLUDES TOTAL EXPENSES (INCL. DEPRECIATION), PLUS L/C INTEREST, PLUS LOAN PRINCIPLE PAYMENTS, PLUS OWNERS DRAW OR DIVIDENDS BY THE GROSS MARGIN PERCENTAGE 9550 18647 17902 AVERAGE MONTHLY BREAK EVEN SALES VOLUME 796 1554 1492 INVENTORY TURNOVER (TIMES) N/A N/A N/A DEPRECIATION SCHEDULE NAME: UIC-Ultimate Internet Cafe PERIOD: August 2004 - July 2005 DATE PREPARED: 08/22/2004 Opening Year 1 Year 2 Year 3 BUILDING [PC] [CA] OPENING BOOK VALUE 23748 42074 ADD AQUISITIONS 24000 19000 24000 LESS DISPOSALS 0 0 DEPRECIATIONS 252 674 1093 ENDING BOOK VALUE 23748 42074 64981 RENOV./LEASE HOLD IMPROVEMENTS [PC] [CA] OPENING BOOK VALUE 0 0 ADD AQUISITIONS 0 0 0 LESS DISPOSALS 0 0 DEPRECIATIONS 0 0 0 ENDING BOOK VALUE 0 0 0 EQUIPMENT & FURNITURE (ALL TYPES) [PC] [CA] OPENING BOOK VALUE 8350 9021 ADD AQUISITIONS 9000 2000 1500 LESS DISPOSALS 0 0 DEPRECIATIONS 650 1329 1348 ENDING BOOK VALUE 8350 9021 9173 VEHICLES [PC] [CA] OPENING BOOK VALUE 0 0 ADD AQUISITIONS 0 0 0 LESS DISPOSALS 0 0 DEPRECIATIONS 0 0 0 ENDING BOOK VALUE 0 0 0 GOODWILL, FRAN.FEES, PATENT & COPY., AND ALL INTANGABLE ASSETS [PC] [CA] OPENING BOOK VALUE 0 0 ADD AQUISITIONS 0 0 0 LESS DISPOSALS 0 0 DEPRECIATIONS 0 0 0 ENDING BOOK VALUE 0 0 0 OTHER ASSETS [PC] [CA] OPENING BOOK VALUE 78625 71918 ADD AQUISITIONS 85000 5500 5500 LESS DISPOSALS 0 0 DEPRECIATIONS 6375 12206 11200 ENDING BOOK VALUE 78625 71918 66218 1 ...read more.

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