Tag Archives: business

Shipment Monitoring Business Plan

March 3, 2023 eurekapump1

NaviTag Technologies, LLC [NaviTag Technologies], is a Massachusetts start-up that was founded with the goal of creating the first security monitoring and location solution for maritime container cargo.

Our solution is designed to meet the needs and requirements of two types of customers: shipping companies worldwide that transport cargo, and government agencies that monitor such movements.

These users will be able securely capture and manage shipment data without the need to rely on equipment owners or shipping partner integrations. A removable tracking device is attached to the container’s exterior. The tracking device reports its position and status to an Internet accessible central data base throughout the container’s journey. Once it is removed, the recipient will return the item to the owner.

We intend to be the market leader in this sector.

This sample plan contains confidential and proprietary information. ]

The Concept

NaviTag Technologies was founded to offer shippers or government agencies a portable and reusable device that will track cargo shipment with greater accuracy than current event-based historical systems.

This electronic tag will track the cargo but not the container. It allows the owner to select which cargoes should be monitored. It can be installed anywhere in the supply chains to provide security information. This helps protect U.S. ports by preventing dangerous cargoes being imported.

NaviTag Technologies core revenues are generated by the sale of these electronic tags #8211 a NaviTag(tm), and access charges to retrieve information. The volume of monitored shipments determines the number of NaviTags an individual group will purchase.

NaviTag owners are responsible for paying access charges. These fees are based on the number of units being used. This fee allows access for the NaviTag network and central database, which includes the positional information and security alerts transmitted from the NaviTag.

The Market

We have targeted the container shipping market for several reasons. It offers huge growth potential as a $120-billion industry. In the 1990’s, the annual unit growth rate for containers shipped was 8%. The forecast is that it will rise to almost 100% in 2010.

Container terminals around the globe will witness rapid growth over coming years. Global container handling throughput is predicted to rise to more than 300,000,000 TEUs ¹ for 2005 and to more 400 million TEUs for 2010.

Despite all the growth in container shipping, it is still a fragmented market. Today there are over 500 companies with more than 2500 vessels. There are also over 50,000 exporting or importing companies in the U.S. International container shipping has a global presence of hundreds of thousands of companies.

[1] The industry standard for measuring container volume is the TEU. Containers come in sizes of 20 to 40 feet. One container 20 feet long is equivalent in size to 1 TEU. One container 40 feet wide is equivalent in size to 2 TEUs.

Management

Jim Galley

Mr. Galley, a veteran technology professional, has more than 15 years’ experience in the management, operation, application, and product development of technology environments. Galley, the CTO and founder of GoCargo.com was responsible for transforming the company from an idea in a business plan into a website that processed transactions online within six weeks. Galley is also a Fortune 50 financial officer and has managed a data centre operation.

Bob Magown

Mr. Magown has spent twenty years serving in senior management positions with transportation-related companies. Mr. Magown was an original member of the Internet start-up GoCargo.com and held the position of vice president of sales. Before joining GoCargo.com, he worked for CAST (CP Ships) for 17 years. There he held a number senior sales and marketing positions, including one as the regional director east. Mr. Magown holds a BS degree in business management from Bryant College.

Key Financials

Market research and the development of business models were completed.

NaviTag Technologies is looking to raise significant funds via private equity placement. This will allow it to implement its business plan. The company focuses on creating the electronic tags, central databases, and building the customer base.

NaviTag Technologies offers extraordinary growth opportunities. There is an untapped market for a portable, affordable solution to the problem of cargo tracking. Our approach of empowering the shipper with control of the positional information and the development of a selective cargo alert tool for government agencies is the solution to a clearly defined need. We have the market opportunity to win this market. We plan to act quickly to be a market leader. NaviTag Technologies offers a compelling opportunity that is based upon solid market research and industry knowledge. This service is unique and offers industry professionals immediate benefits.

1.1 Mission

The goal of NaviTag Technologies is to provide accurate, timely information regarding the location and status of container cargo within the supply chain. NaviTag Technologies exists to empower NaviTag owners with the ability to control the visibility and security of in-transit cargo. This eliminates the dependence on third party equipment tracking.

Businnes Plan

Shaved Ice Beverage Business Plan

March 3, 2023 eurekapump1

Ice Dreams plans to sell shavedice as its main product, along with soft drinks and frosty Latin cocktails called licuados. Shaved ice is the latest dessert after frozen yogurt. Shave ice is heating up rapidly and shows no sign of cooling.

Shaved ice has been around since the beginning, in Asia. Then, it became popular in Hawaii. People would use a razor to cut the ice, creating a hard, white snow. For a refreshing treat they’d add fruit juices. Something this good couldn’t remain a secret. The popularity of shaving ice has increased in recent years.

Shaved ice is very different to a traditional snocone. It is made with a small counter-top device that cuts the ice instead of grinding it like a conventional snocone machine. This produces ice that is so fine it can rival real snow! The snow is then placed in a cup or bowl, and then filled with high-quality tropical fruit flavor. Because the snow is so soft, the syrup doesn’t settle to the bottom like traditional Sno-cones. It is best to use a spoon for the syrup as it will absorb into the snow.

Shave ice is a soft, tender, and deliciously sweetened with tropical fruit flavors. It is loved by children and adults of all ages.

On privately owned commercial property located on Highway 86 (Adams Avenue), El Centro, California, a drive-through store will be constructed. The business will also include beverages (soft drinks) and licuados.

1.1 Objectives

To construct a drivethrough building (12&#8242 x20&#8242) on existing privately-owned property (50&#8242 x120&#8242).
To earn a profit of at least $50,000 during the third year.
To sell 20 different tropical and Mexican flavored syrups.
To sell other products such soft drinks or licuados.

1.2 Mission

Ice Dreams will be selling shaved Ice in El Centro, California with 20 different flavored syrups and soft drinks. The retail customers will be from the low-to-mid-income group and range in age from children through to adults.

Success keys 1.3

Here are the keys for success

This will be the first business of its type in El Centro (California).
A major city highway will lead to business, close to housing developments, city pools, schools, parks and along a major strip of restaurant and motel strips.
Product quality will include a large variety of tropical and Mexican flavored syrups.
The potential for expansion is there in the business community of Imperial County.
El Centro has warm to hot weather seven months out of the year.
Highway 86 is home to 48,300 vehicles each day.

Businnes Plan

Driving School Business Plan

March 3, 2023 eurekapump1

Markam Driving School (MDS) offers a wide range of driver services. Markam Driving School’s ultimate goal is to be a one stop facility for all driver requirements, including licensing, registration, and so on. But, Markam primarily offers private and corporate driver education in Seattle, WA. MDS has been positioned as an affordable facility offering excellent service.

1.1 Objectives

Markam Driving School, MDS (MDS) has three years to achieve the following goals:

In the third year, sales revenues will reach approximately $2.1million
You can expand by opening two additional facilities in Portland, OR or Tacoma.
Become the low cost provider of comprehensive driving education services in the Pacific Northwest.

1.2 Mission

Markam Driving school’s mission is simple: to provide driver education courses that are convenient, comprehensive, and high-quality at a reasonable price. SAFETY is the most essential aspect of driver education. Markam Driving School strives to produce drivers who are safe and competent in driving.

1.3 Keys to Success

Markam Driving School has reached a significant point in its history. The company has a great track record of offering affordable driver education services at a comparable price for the greater Seattle region. Now, it is looking to expand its reach into the Pacific Northwest. Two additional facilities will be opened by the firm, one in Portland, OR, and one in Tacoma WA.

When the company was established six years ago, the owners saw a huge untapped market. There was no company that could offer the driver education they needed at the most affordable cost. Large companies were charging too much for their services and the local companies were not providing enough programs and services or they were poor quality. This was where the opportunity lay in forming synergies between organizations that were either suppliers or buyers. This allows companies to reduce costs, gain market share, and shut out competitors. Since the beginning of MDS, this has been MDS’s winning strategy and business model. The company’s successful growth in mature markets has been a testament to its management strategy. Now the company is ready to expand and the keys to success over the next three years for such an endeavor are as follows:

Lower costs so that the company’s gross margin increases to 66%.
Each facility should have a cost control office that reports to the president.
For every employee, implement a cost-reduction plan.
For further cost reduction, strengthen and pursue strategic alliances with suppliers.
Strive to secure contracts with organizations that require our services like police departments and high schools.

Businnes Plan

E-Commerce Retailer Business Plan

March 3, 2023 eurekapump1

Opportunity

Problem

The modern world offers information about the human body, and the option to have items sent directly to your home. Why should this be limited to those who have more money? We will ensure everyone has access health and convenience.

Solution

Nature&#8217’s Candy’s mission it to provide the best in natural supplements using the Internet to reduce the consumer&#8217s cost. We are here to retain and attract customers. If we follow this maxim, all else will fall into place. Our services will exceed the expectations of our customers.

Market

The nutritional supplement market is a semi-mature market characterized by high-growth rates, medium barriers to entry, and a few large competitors. Despite high competition in the market many companies have experienced an average annual growth of 30%. The market leaders are as follows:

GNC (General Nutritional Companies, Inc.): This company is a nationwide specialty retailer of vitamins, minerals, and sports nutrition supplements. GNC was a national specialty retailer with over 3,000 outlets that generated $1.19B in 2000.

Nature’s Sunshine Products, Inc.: Nature’s manufactures and markets a variety of health supplements. This multi-level marketing company earned approximately $370 millions in 2000.

Rexall Sundown, Inc.,: Rexall develops, manufacturers, markets, distributes, and sells vitamins, supplements, and consumer goods through independent distributors, retail, and mail order. Rexall had 2000 revenues of approximately $370 million.

International Vitamin Company, Inc. IVC manufactures, packages, stores, and distributes private label vitamins, nutritional supplements, to pharmacies, health food stores, and other retail outlets. IVC generated $107 million in revenues in 2000.

These are the main channels for distribution in this market:

Mass market retailers (Fred Meyer, Rite Aide).
Direct Sales Organizations
Health Food Stores (GNC).
Mail order catalogs and the Internet.

Competition

In the mass market retail channel, there are three main categories of vitamin or supplement products: broad-line and national brands. The domestic market is 60% dominated by national and broad-line brands. Private label brands make up the remainder of the market at 40%.

Why Us

Nature’s Candy’s mission it to provide the highest quality natural supplement using the Internet to lower consumer’s costs. We exist to maintain and attract customers. This maxim will guide everything else. Our services will surpass the expectations of customers.

Expectations

Forecast

In the next three years Nature’s Candy intends to create an icon e-commerce brand through laser-focused marketing and will grow and eventually make a profit by the second year

Financial Highlights Year-by-Year

Financing Needed

We will start with $80,000 from the founders

Quack $45,000

Stewart $35,000

Businnes Plan

Electrical Contractor Business Plan

March 3, 2023 eurekapump1

Opportunity

Problem

Richmond is experiencing an increasing population. The population is growing, and so does the demand for new apartments and stores. New construction needs skilled electricians that can wire everything.

Solution

Premiere Electric is Robinâ€™s new electrical contracting agency. It was started by Miller and Gardner.

Market

The market for commercial electrician services is fragmented and competitive. Only a few firms employing 20 or more electrical workers are represented. Rest are smaller firms employing fewer than three electricians. Premiere Electric&#8217â€™s current niche lies in its strong relationship with Gardner and Miller’s customers. But, this is not enough for growth within a competitive market.

Robin is now able to focus on data, communication, electrical installation, and maintenance. This allows her to reduce her direct competitors, which are two large electrical contractors that have bid on the most important projects in the region. Premiere Electric has plans to become a force on the largest projects in the area, but there are still opportunities for customers with smaller projects that are not being pursued by Robin’s competitors.

Competition

There are many Richmond electric contractors: Frazier Electrical and Above Code Electric. Prism Industries, Langhorne Electric and Feild Electric are just a few of the many electric contractors in Richmond.

All of them have years of experience and training. They also boast customers who trust their work. Electrical contractors enter their customer’s home. They must be capable of doing excellent work and not invading the privacy of their customers.

Why Us?

Premiere Electric is committed to providing the best electrical services possible for its customers. Robin focuses on personalized service by offering convenience and rapid service. Premiere Electric is able to install any size wireless voice and data system, as well intelligence systems, in any facility. Robin has excellent vendor relationships with the most reliable vendors that can ship large parts quickly (most often within 24 hours), minimizing downtime for Premiere Electric clients.

Expectations

Forecast

Currently, there is $100,000 worth of business with former Gardner and Miller customers. Robin believes that she can grab the lion’s share and grow from this base. She will be the firm’s sole employee at first, but will soon hire additional electricians to grow her sales.

Financial Highlights Year-by-Year

Finance is required

We will be getting $62,000. Robin will make a $40,000 investment and we’ll get a $22,000 short term loan.

Businnes Plan

Diaper Manufacturer Business Plan

March 3, 2023 eurekapump1

The disposable nappy, an invention that revolutionized the baby care industry, exists today as a practical solution to the problem of dirty, smelly, wet baby bottoms throughout the world.

We are on the verge of entering a lucrative market in a growing country. Baby Nappies World is poised to enter the baby nappies market and penetrate it with the current fertility rate at 4.2 kids . Baby Nappies World will take advantage of the low growth rate and little local competition. The company has a dedicated, experienced staff, great order procurement and efficient management and marketing. The initial intention will be to provide nappies and sanitary pads to institutions and organisations including hospitals and wholesalers throughout Botswana.

Initial plans call to produce approximately 300 diapers each hour 5 days a weeks, using an 8 hour day. This would allow us to produce a total 48,000 diapers every month. As time progresses and we become more efficient in their production this figure should rise to approximately 56,000 per month. This would be diapers alone. We do plan to produce sanitary napkins, but only on an order basis.

We are aware that this market is relatively underexploited and we need to be flexible and responsive to succeed. To delight our customers, we provide what they want, when and how much they want. Our main goal is to build and strengthen our market presence, which will be made possible by the environment in which it operates.

Our marketing strategy will be based on the fact that customers should know about our existence as well as the products we manufacture. Therefore, we intend to make sure that customers have the right information. We will do this by implementing a market penetration plan that will make us well-known and respected on the market. We will ensure our products are priced at a competitive rate to those in South Africa and that all potential customers are satisfied with the quality of our products. Prices we charge will include costs associated with production and distribution. This is to ensure that our business remains viable and sustainable. We are grateful that most wholesalers and intermediaries who order our products believe that South African products are of greater quality and reliability. We must not only market the quality of our products aggressively, but also serve our customers and clients in a way that builds a lasting relationship.

Our target markets will primarily constitute institutions, wholesalers and other intermediaries who often order in bulk for their customers, and concerned individuals. Hence there will be need to network with the various decision-makers/order-makers to ensure we receive orders for our products.

We intend to compensate our personnel well, so as to retain their invaluable expertise and to ensure job satisfaction and enrichment through delegation of authority. We aim to maximise productivity while realizing each individual’s full potential by providing excellent health care and generous profit sharing. To show appreciation for outstanding production and hard work, we will award them with awards. This is to encourage high standards and to have fun.

We expect sales to grow from more than 748,800 in the first year, to more than 1,075,200 the second and to P1,142,000.400 the third year.

Ultimately the attractiveness of our venture lies with the fact that customers will choose our products above those of competitors because of the relatively lower prices as well as their high quality. Hence Baby Nappies World’s ongoing initiatives will be to drive sales, market share and productivity so as to provide additional impetus towards attainment of the corporate goals and objectives.

¹ Courtesy Central Statistic Office

NOTE: All currency figures included in this plan are in Botswanan Pula, (P).

1.1 Keys for Success

Rapid response to customer requests: We are unable to afford to delay customers for any reason. This could have a negative impact on our image as well future business. To ensure that products get delivered on time, and according to customer’s specifications, we need to keep in touch with our customers.

This will go a long way towards instilling a sense of trust in our ability and establishing long-term relationships.

Delivering the promise of excellence: Our goal is to provide uncompromising quality products and exceptional service to all our customers. We do this to satisfy their expectations and meet their needs. We understand that the company’s success will depend on prompt response to customer orders. Therefore, our goal is to set high standards of work and procedures.

Assembly Technology It is vital to use the most modern and efficient production machines in order to produce quality diapers. We intend to keep up to date with technological developments. This will ensure our competitive advantage.

Networking The majority of our customers will primarily be wholesalers and intermediaries so it is necessary to effectively network with decision-makers as well as order-makers in order for there to be a ready market.

1.2 Objectives

Our business strategy will be based on the requirement to supply quality disposable baby nappies, adult diapers, and sanitary pad to all wholesalers and institutions that require them. This will be accomplished by properly training and recruiting a team of professionals who are dedicated to catering to the customer’s requirements.

We intend to ensure that our marketing campaign increases the knowledge of our products and services to the various market segments we shall be targeting. This is especially important as organisations are looking to obtain high-quality products for lower prices while increasing their profitability.

We want to provide well-written introductory letters, and other promotional materials that will help our clients get a better understanding of the products we offer and the advantages of using them. Also, clients are more likely to place orders if they see well-designed business cards and company profiles. Hence this will undoubtedly generate increased sales of our products.

We aim to achieve the following goals:

Provide high-quality diapers and sanitary pads at a reasonable price.
Develop enthusiastically satisfied customers all of the time.
Assure economical utilization of resources through capacity utilization, minimising stock/inventory, and low-cost, high-quality materials.
Contribute positively in our communities and to the protection of our environment.
Establishing a market presence in your market will guarantee you short-term and longer-term profitability, growth, and market shares, which will ultimately translate to business success.

1.3 Mission

We are fully committed to the production of high-quality disposable baby nappies, geriatric/adult diapers, and feminine pads to all communities. We strive to cultivate and maintain a happy, productive, satisfying, and enjoyable internal environment. We aim to make a fair and responsible profit that will allow the company to remain financially sound in the long- and short-term. Additionally, we want to pay employees fairly for their work and efforts.

Businnes Plan

Mexican Restaurant Business Plan

March 3, 2023 eurekapump1

This business plan is designed to get investors. La Salsa Fresh Mexican Grill, one of the most popular franchises in Oregon, offers tremendous potential. La Salsa is present in all neighboring Oregon state and is still expanding. Santa Barbara Restaurant Group franchises La Salsa.

There are two main reasons that La Salsa will succeed in Eugene: first is the lack of direct competition (nothing like it in town), the second is the high demand for a product like this in Eugene. Eugene is in preparation for a large population growth period, the current population of the greater Eugene/ Springfield metro area is over 300,000 according to Census 2000 and expanding.

In order to protect investors and owners, a Limited Liability Corporation is created. Benjamin D. Strock intends to grow La Salsa in Oregon over the next three year, opening between 3-10 restaurants under the LLC. This business plan only includes the first store plans which will help create more concrete goals. La Salsa’s per-store revenues range from $400,000 to $1,000,000, depending on where they are located. SBRG estimates start-up expenses between $300,000.000 and $400,000, with an initial investment of approximately $600,000. The private investor will finance half of the money, while the small business loan will finance half. Net profits will be high, yielding an estimated $85,000 a year per store (possibly much more).

For between 8% to 10% of gross sales, the franchisor, SBRG, will manage pricing, training and advertising. Hopefully, the La Salsa Oregon’s first location will be operational within three month of receiving initial financing. This assumes that investors, franchisors and franchisees have agreed on a location.