Velocipede/Snowpede Borrow Bank can be found in Eugene, OR and specializes in renting snowshoes. VS will offer road, mountain, and tandem bicycles for rent as well as a variety of sizes of snowshoes. From April to November, bicycles will be the main source of revenue. Snowshoes will become the main source of revenue once the rains reach the Willamette valley. For both bicycles and snowshoes, Velocipede/Snowpede will supply each customer with a detailed map/trip log which the customer will be able to follow, showing them incredible hiking and biking trails. Eugene is an ideal place for these types of activities, due to its cycling community and proximity of the Cascade Mt. range.
Eugene is home to several rental shops for snowshoes and bikes, but their primary line of business is retail. Rentals can be an ancillary distraction. VS will continue to grow market share through their outstanding customer service. They will become profitable in nine months and generate $150,000 annually in revenue.
1.1 Objectives
The objectives for the first three years of operation include:
- To create a service-based organization whose primary goal it to exceed customer’s expectations.
- To increase the number client served by 20% annually through superior performance.
- To build a profitable start-up that is self-sustaining and can rely on its cash flow.
1.2 Mission
Velocipede/Snowpede Borrow Bank’s mission is to provide customers with bicycle and snowshoe rentals as well as suggested journeys. We are here to maintain and attract customers. If we follow this maxim, all else will follow. Our services will exceed our customers’ expectations.