You should explain in outline where the product will be sourced from, or if it is going to be manufactured where from.
This information should form a section that follows the objectives section of the plan.
Cash flow
Cash flow is important because if you have a poor cash flow your business goes bankrupt. A cash flow forecast enables you to see how much money is coming into the business and how much is coming in and how much money is going out. If to much money is going out and not enough is coming in you can use the spreadsheet to see what needs to be changed. If you have a poor cash flow there is a lack of working capital. This can result in a lot of other problems like staff not getting paid on time and if loans aren’t repaid firms may take legal action against this and reposes things making the business unable to sell products.
Employees
5 employees on minimum wage of £3.20. It would be open 6 days a week from 3- 9 on weekdays and 12- 9 on Saturdays. Sundays would be set aside to make repairs on ramps.
Personal details
First name: mark
Other names: Daniel
Surname: smith
D.o.b.: 29/09/1975
Address: 5 Coniston Close, Connahs Quay, Deeside, Flintshire, CH5 4UL
Nationality: English
Educational details
Schools attended: Connahs Quay High School 1987-1992
Deeside College 1992-1995
Qualifications
A level in Business Studies, 11 gcse’s from a-c
Work experience
2 weeks engineering at Deeside College
6 months glass collecting at Gillespies bar
Park Layout
Prices
Time Price
2 hours £3.50
3 hours £4.50
4 hours £5.00
All day £10.00
Prices
Term Time
Day Session 1 Session 2 Session 3
Sunday Closed
Monday 4:00pm-6:00pm 6:00pm-8:00pm 8:00pm-10:00pm
Tuesday 4:00pm-6:00pm 6:00pm-8:00pm 8:00pm-10:00pm
Wednesday 4:00pm-6:00pm 6:00pm-8:00pm 8:00pm-10:00pm
Thursday 4:00pm-6:00pm 6:00pm-8:00pm 8:00pm-10:00pm
Friday 10:30am-12:30pm 12:45pm-3:45pm 4:00pm-7:00pm
Saturday 10:30am-12:30pm 12:45pm-3:45pm 4:00pm-7:00pm
Holidays
Day Session 1 Session 2 Session 3 Session 4
Sunday Closed
Monday 12:00pm-4:00pm 4:00pm-6:00pm 6:00pm-8:00pm 8:00pm-10:00pm
Tuesday 12:00pm-4:00pm 4:00pm-6:00pm 6:00pm-8:00pm 8:00pm-10:00pm
Wednesday 12:00pm-4:00pm 4:00pm-6:00pm 6:00pm-8:00pm 8:00pm-10:00pm
Thursday 12:00pm-4:00pm 4:00pm-6:00pm 6:00pm-8:00pm 8:00pm-10:00pm
Friday 10:30am-12:30pm 12:45pm-3:45pm 4:00pm-8:00pm 8:00pm-10:00pm
Saturday 10:30am-12:30pm 12:45pm-3:45pm 4:00pm-8:00pm 8:00pm-10:00pm
Price of park The layout of my park is quite large in size. It is about 20 000sq ft. This is just the skating area. My skatepark will also have a shop where food and drink is purchased and a skate shop selling various parts for skates and skateboards etc. Therefore I would need a warehouse in excess of about 30 000 sq ft. This would cost about £10 000 per annum and I would need about £20 000 to build the skatepark and a further £15 000 to build the shops so altogether I need £35 000 to get it running and I need to make
Profits in excess of £10 000 per year.
Target market
To find out about the target market I could use a questionnaire to ask people if they would use the facilities, how far they would travel and what they would pay and see if they would correspond with my ideas. I could also watch around the streets and see how many skateboarders, rollerbladers and bmxers are thrown off where they skate/ride which wouldn’t happen in a skatepark. If they always get thrown off these spots they would be in favour of a skatepark anyway.
Costs
Costs are needed for a business to get equipment and set up a business.
Identify sources
You can identify sources from other businesses and by the competition.
Utility costs
Utility cost is how much it would cost to start up and then keep it running. This can be found out by a bills estimate, which can be found on the Internet.
Presentation
Using tables and graphs and attaching text notes will sort out my presentation.
Costs
Costs include; electricity
Phone line
Ramps
Steel coping
Nails
3mm plywood
Bins
Staff
Till
Lighting
Shelves
Fridge
Freezer
Sound system
Speakers
TV and video player
Seating
Warehouse
Helmets
-
Target market segment
I would not have good facilities for anybody under the age of 12 with no great understanding of the sports or ability to do the sport