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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 on theme: "Nature of the Business Type of Business Start-up hybrid retail/service business Sporting goods store Largest indoor sports complex in several townships."— Presentation transcript:

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2 Nature of the Business

3 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

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

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

6 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

7 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

8 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

9 Floor Plan

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

11 Organization

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

13 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)

14 Job Specification Form

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

16 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

17 Marketing Competitive Pricing (Lower than Dicks)

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24 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


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