Nature of the Business Type of Business Start-up hybrid retail/service business Sporting goods store Largest indoor sports complex in several townships.

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Presentation transcript:

Nature of the Business

Type of Business Start-up hybrid retail/service business Sporting goods store Largest indoor sports complex in several townships Sole Proprietorship – Total control – Can handle the liability – Take compete control of profit

Objective Providing quality in-depth soccer, basketball, and field hockey products at a quality price Providing a close indoor venue to play those sports

Products/Services Service- Location to play Indoor Sports Products- Wide variety of soccer, basketball, etc. sports equipment

Location Along Route 8 or just off of Route 8 Near many residential areas- Customer Base Near a highly traveled road- Easy Access from farther areas

Times of Operation (Sports Complex) Seven days a week Monday-Friday, open 4pm – 9pm Play after school, but not be able to play as late Saturday and Sunday, open 8am – 10pm Open 53 hours per week People can come earlier and leave later

Times of Operation (Sports Store) Seven days a week Monday-Friday, open 10pm – 9pm Saturday and Sunday, open 10am – 10pm Open 79 hours per week More people buy products during game hours Still get customers who don’t play here

Floor Plan

Dimensions 9396 square feet 108 ft by 87 ft Facility will be built, not rented

Organization

Background of Entrepreneur Graduate of College Knowledge of all business Microsoft programs (Excel, PowerPoint, Word) Prior Leadership Positions Frugal with Money

Employees Four types of Employees – Manager (1) – Referee (10 on call, brought in based on games) – Sales Professional (7, averaging 25 hours per week each) – Landscape Specialist (6, two working at the beginning and end of each day)

Job Specification Form Title: Sales Professional Average Hours: 25 per week Wages: 7.70 an hour Required Tasks: – Help customers locate their products – Check out customers – Restock products – Keep store clean (Moping, wiping down, emptying trash) – Checking off totals of sales to manager at the end of the day

Competition Retail Wal-Mart Dick’s Dunham’s Soccer Source Service PISA

Why We Beat Them Service/Retail Combo Advantage – Lower retail prices than Dick’s – More varied than Soccer Source – More extended in certain sports than Dunham’s or Wal-Mart – Location of Sports Complex much closer than PISA

Marketing Competitive Pricing (Lower than Dicks)

The Loan I need a loan of $850,000 $12,000 of my own money Over 15 years At 4% interest Paying a monthly payment of $5,749.34