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.
Margarita Momma can rent a frozen drink machine. We will be specializing in church functions, children’s and adult birthday parties as well as weddings and barbecues. We will be providing concessions at Copperas Cove and Ft. Hood, Killeen. You can add alcohol to the frozen beverage, but it’s also enjoyable without. However, if the customers choose to have alcohol in the drinks, they must purchase it, and add it, themselves. This is a very unique service, however frozen drink machine rentals have been increasing in popularity across the country.
The selected beverage concentrate contains no preservatives and has natural flavors. This makes it far more delicious than other brands. We provide a quality far beyond that found at convenience stores which offer frozen drinks.
Margarita Momma will deliver the machine with everything necessary for making the gathering a success. The cart delivery includes: 50 nine-ounce cups, straws, and salt (if needed for margaritas). Only thing that the customer needs to provide is their enjoyment! The mix is also included in delivery. This is where the customer would provide and add any alcohol to the drinks. Margarita Momma provided the cart for easy delivery. It also helps to minimize furniture damage. The cart comes with a tray that is deep to contain spillages and reduce carpet/furniture damages. Next morning’s pick-up is provided for in the rental cost, and will be performed at a time convenient for the customer.
In order to begin renting, Margarita Momma requires $11,960 to purchase three Frosty Factory machines, ten cases of concentrate, two cases of cups, and two cases of straws.
1.1 Objectives
The objectives for this business plan are specific goals which are achievable by Margarita Momma in the first few years of operation. These objectives can be found below:
For the first two month, we had sales of $2,000 and steady growth for the rest of the year.
To increase from 3 to 6 machines in Year 1.
To go full time within nine months.
1.2 Mission
Margarita Momma will provide the community with an alternative beverage to be served at any event for any age group. We will provide delivery and set up, and make the first batch. We will deliver the machines well in advance of the party to ensure that the mix is ready. The cost of the rental includes: cups, one mix, salt, straws, and written instructions. You can buy additional mixes for an extra charge at the time of renting; however, one mix is enough for most events. For customers convenience, pick-up will be available the day following.
1.3 Keys to Success
Margarita momma is a financial success story.
Unique services, unmatched both in quality or presentation
Low operating overhead
Advertising via word-of mouth is an effective form of advertising.
An exciting new business idea is possible in Eugene. University Mopeds rents mopeds from students at the University of Oregon. There is currently no business like this, in Eugene, which caters to this market.
It is possible to rent a student’s own vehicle during school for just a little more than a monthly cellular telephone bill. Mopeds are more cost-effective than cars and have lower fuel consumption. It is also possible to insure these vehicles for around $30-$50 per year.
This business target market would be approximately 15,000 full time students. Many students commute daily from Autzen Field. Parking on campus is hard to find, and the bus offers few options. The economical moped is the answer.
Students don’t have the money to buy a moped but can rent one for $50 per month. University Mopeds would purchase used mopeds for $400-$700 and lease them out. The average moped would be paid off within one year.
University Moped will attempt to reach 1% of full-time students in year one. This would translate into 150 rented mopeds. The 5-year growth rate should be no less than 15%.
Assuming an average purchase price of $550, and a ten month rental contract at $50 per month, it is possible for University Mopeds to be profitable in year two.
1.1 Objectives
Rent 150 units in one year.
University Mopeds can be self-sufficient and economically viable by year 3.
Rent at least 263 units per year (5% annual growth rate)
1.2 Mission
University Mopeds will serve the student first. University Mopeds will allow clients to rent quality transportation at a fair rate. University Mopeds will be a financially sound business, which will reward employees and its owners.
1.3 Keys to Success
Great customer service and value.
Rent affordable.
Reaching the target markets
Integrity in service to our customers results in repeat business.
Lansing Aviation was established as a private business that offers services to student pilots. Lansing Aviation provides well-maintained aircraft that can be rented for private use or used for flight training. Lansing Aviation also offers primary and advanced flight instruction with the help of flight instructors with airline and corporate backgrounds. Lansing Aviation offers professional aviation consulting to meet the needs of individuals, airlines, and corporate clients.
The Company
Lansing Aviation, LLC, a Michigan Limited Liability Company, has been established and legally registered. All acquisitions of airplanes and company decision-making will be performed by the principle investors or operators.
Lansing Aviation’s aircraft will be operated out of Capital City Airport, Lansing (LAN), Michigan. The office, records, scheduling, as well as the office for aircraft will all be located off-airport 15 miles north and Capital City Airport.
Services
Lansing Aviation offers three major areas of services: aircraft rental and flight instruction. Lansing Aviation will keep a Cessna 172 Skyhawk up-to-date with the most recent avionics in order to accomplish this.
Our competitive advantages include professional maintenance of aircraft, renter/instructor coverage, and our 24-hour schedule service which will allow us greater flexibility with our aircraft flight times.
Lansing Aviation plans on enhancing their aircraft rental position in the future by acquiring high-performance, single-engine and multiple-engine aircraft to provide commercial and airline transport pilot training. We will also use the Internet to ensure that we can provide the most current aircraft scheduling information via an online business site.
The Market
There is a huge demand for pilot training because of the lack of pilots in airlines. In order to keep up with the increasing demand from new students, the Lansing-based aircraft rental company had to expand. Mackinac Great Lakes Airlines Systems is Lansing’s largest employer, employing 19,000 employees. We believe these employees are aware about the wonderful careers offered by M-GLAS Pilots. We hope that this awareness will increase interest in flying. M-GLAS mechanics and pilots also fly small airplanes to enjoy the air and take their families on vacation.
Capital City Airport has many students who are unhappy with their instructors or the poor condition of their aircraft. A flight with our instructors in our well-equipped Cessna 172 Skyhawk will confirm their displeasure with our competition and generate new business for us.
Lansing Aviation will first be focusing on students interested to obtain their private pilot certification. These students will primarily come from word-of-mouth-advertising from our instructors, students, and other contacts at Mackinac-Great Lakes Airlines System (M-GLAS). After they have completed their private pilot package, we will continue to teach these students their instrument rating course.
1.1 Objectives
You can create a Limited Liability Corporation (LLC), which protects your assets and personal property.
A Cessna 172 Skyhawk is available for rental or instruction.
Operate the aircraft for at least 50 revenue flight hours per month.
Aircraft revenue to exceed hangar, insurance, fuel, maintenance upkeep and loan expenses resulting in a net income/profit.
Success Keys 1.2
A 24-hour air schedule will help students and renters plan better.
The aircraft will be promoted to 2,100 Mackinac Great Lakes Airlines System airline pilots, as well as their families, friends, and neighbors in Lansing, to increase exposure and word-of mouth advertising. This will lead to more revenue flights.
Preventive aircraft maintenance can eliminate aircraft downtime.
Safety-conscious training of students and select aircraft checkouts for customers renting aircraft to insure that they are safely and respectfully operated.
1.3 Mission
Lansing Aviation offers an affordable, professionally-maintained aircraft for rental and flight instruction. While we will provide a safe learning environment for our students, we also adhere to all applicable aviation regulations and federal and state safety rules. Lansing Aviation can provide flight training equipment and a plane to fly once they are certified.
Borrow My Tools provides San Mateo, CA with tools for home improvement. Josh Taylor, the primary shareholder, has formed the California S Corporation. Borrow My Tools will offer customers a range of common home improvement tools with benchmarked levels of customer service.
The Market
Two distinct markets make San Mateo the most desirable location for Borrow My Tools. The first segment is individuals who are undertaking a home improvement project on their house. While some of these customers know exactly what they need in terms of tools, many of them are coming to Borrow My Tools specifically for the expertise and guidance for the home improvement project. These individuals could have 54.050 friends in their group. This segment has a 5% annual growth rate. Handymen who are hired by clients to complete a project are the second segment of customers. Borrow My Tools attracts handymen because they have many leasing and rental options. With 1,200 potential segments, and a 4.4% growth rate, handymen can have 1200 members.
Services
Borrow My Tools offers a range tools for rent or lease. The tools are divided into three main groups: wood, exterior, or assorted. Borrow My Tools only leases or rents the finest quality tools. They are also in excellent condition. Borrow My Tools is able to lease equipment from a premier leasing firm through a strategic partnership. Leasing is a great option in many ways. Customers always have the best/most recent version of the tools they need, their capital is not restricted, credit lines from banks are not affected by leases, and lessees enjoy certain tax advantages.
Competitive Edge
Josh is a veteran in both the contractor and tool rental/leasing industries. He has taken his industry observations and created a niche for Borrow My Tools by emphasizing two competitive advantages that will greatly help Borrow My Tools gain market share.
Highest quality product offerings – Customers are looking to rent or lease tools and want to make sure they get the best. Borrow My Tools only purchases the best tools within each category. This ensures that customers are delighted with the choice. Products are not only of the highest quality, but also meticulously maintained to keep them looking new.
Benchmarked customer service: The function of Borrow My Tools sales assistants is to help the customer in any way possible. This includes determining what tool is most suitable for the job, explaining how to use it and providing suggestions on how to do the job. Every sales rep is the customer’s personal advisor. Borrow My Tools has the mission of exceeding every customer’s expectations.
Borrow My Tools is an exciting new concept that recognizes the competitor’s customer service short comings and leverages Borrow My Tools’ phenomenal customer support to address the market niche that wants a positive experience and needs assistance with their lease or rental. Borrow My Tools will gain market share quickly by following a comprehensive strategy for renting business. It will also transform the business into a profit-making venture.
Mission
Borrow My Tools’ mission is to offer the finest selection of home improvement tools for the San Mateo Community. Borrow My Tools will support the tools with the finest customer service. All customers will be met with the highest level of customer service.
Keys to Success
You should have a sufficient supply of high-quality tools that are kept in good condition.
All staff should be extremely familiar with all tools.
Maintain tight inventory and accounting controls to reduce overhead and ensure availability.
Ziele
To rent 70% of the tools by month seven.
By the end of year 2, you can be profitable
By year 2, you will be able to generate self-sustaining income.
House of Projectors (HOP), an Ohio Limited Liability Corporation, is a Limited Liability Corporation. Start-up that rents Liquid Crystal Display (LCD), computer projectors. John Laaklytte (a veteran of the computer rental market) has formed the company. HOP has identified three distinct market segments that they will target. Entrepreneurs are the first. When presenting to venture capital and angel investors, entrepreneurs often need projectors. Projectors are a standard in professional presentations. Most presentations these days are PowerPoint-based. This customer segment has a 9% growth rate with 33,243 potential customers. This second segment includes small companies. These are companies that have less than 15 employees. These companies do not have enough use to justify the high capital cost of a projector. With 5,423 potential clients, the group enjoys a 7% rate of growth. This last group is for medium-sized companies that have between 15-50 employees. They share the same motivation to rent projectors. This group is home to a 6% increase in sales and 3433 potential customers.
The Industry
The $745million industry of computer-based office equipment rental is the largest in the world. The industry is a mix of many equipment rentals, and does not specialize in one type of equipment. While this may allow them to attract more customers, it limits their ability provide high quality service for every type technology. This is due to the technical nature of each hardware type. House of Projectors can excel in their niche of projector rentals because the industry is primarily organized as comprehensive service providers. They will be able to obtain and provide a level of service (both customer and technical) that is difficult and conceivably impossible to provide by the comprehensive service providers. This is House of Projectors’′ niche competitive edge and industry-standard customer service. House of Projectors believes that it can maintain and achieve this competitive edge because of two reasons.
HOP’s focus on projectors allows them to excel in their chosen field.
It is expected that all employees of HOP have this high level support.
Management
John Laaklytte will be leading House of Projectors through their early stages of market penetration. John holds a Bachelor of Science in Business from Case Western Reserve University. While in school, John received practical experience as an Assistance Manager of a local CompUSA retail store. John gained valuable business experience through this position that would be a great asset in his future business venture. John was also the University’s computer lab manager. John also worked as a computer lab manager at the University. John rose quickly to the post of Regional Manager in this corporation.
John will leverage his knowledge and experience to take House of Projectors from a start-up business to an established player in the computer office hardware industry. By executing a well thought out business plan and proven business model, John will generate exemplary revenues in year two, increasing in year three. HOP will become profitable in the second year.
1.1 Objectives
To be the leading source for LCD projector rentals
To develop a significant base of long-term customers.
To be financially self-sufficient by year 2.
Success Keys 1.2
Implement strict financial controls. This will allow you to examine all aspects of your business.
Every customer is the most important HOP customer.
Constantly evaluate the market and the needs of the customers, never taking presuming that HOP always knows what the customer wants. A feedback mechanism that allows customers to interact with each other is one way of getting insight into their preferences.
1.3 Mission
House of Projectors’ mission is to be the best source of computer projectors in Cleveland for local businesses. House of Projectors will soon be regarded as the best store in its field, thanks to their fair pricing and outstanding service.
Sumptuous Cuisine Catering serves both private and business clients in Doeuvreville, as well as the surrounding areas within a radius of ten miles. Since 2005, the company has operated a full-service catering kitchen. It also specializes in planning events for high-end events. The business provides event management and event staff. It also offers a wide range of food and beverage options for breakfast, lunch, dinner, and snacks. Sumptuous Cuisine Catering plans to expand its operations to The Sumptuous Bellroom in Doeuvreville. It will have a mortgage on the space, cash reserves, and issue a convertible debt for angel investors.
The addition of The Sumptuous Ballroom to the services provided by Sumptuous Cuisine Catering will enable gross margins to rise above their previous levels and industry averages as rentals of space provide high gross margins. Existing clients and new customers will be interested to use this space as well as the additional services Sumptuous Cooking Catering offers. From their 2009 levels, top line sales will more than double to 2012. Even with the anticipated rises in operating expenses, net profits from this acquisition will triple between 2010-2012. To achieve these goals, Sumptuous Cuisine Catering plans to make use of the space for at least 40% of its days by the end year 3.
Objectives
Sumptuous Cuisine Catering established these objectives for the ballroom’s first three years:
Renovate and improve the interior design of the ballroom
Retain and hire a facilities manager to manage the logistics of the new space.
The ballroom acquisition will result in a positive return of investment by the second calendar year
Use the ballroom for 40% of the days until the end the third year
Mission
Sumptuous Cuisine Catering delivers top-class events with flawless execution for private and corporate clients in the Doeuvreville, Louisiana area. With Sumptuous Cuisine Catering running your event, the food will be delicious, the service will be excellent and the guests will be wowed.
Keys to Success
Success in the catering business and in event planning are keys to your success.
Manage and exceed client expectations
The client should receive expert advice and guidance while still taking into consideration their preferences and vision.
Professional showmanship must be displayed on the day.
Protecting the client’s assets and liabilities even when it involves making controversial decisions
Sumptuous Cuisine Catering keeps these keys in mind through all events they have managed and catered in the past and will renew their efforts as they open their own catering venue.
Equipment Rental, Inc. (ER) is a Breaux Bridge, Tennessee company that sells and rents heavy equipment such as dozers, backhoes, excavators, and trenchers as well as small home use and construction equipment such as tillers, augers, and chain saws.
ER has been granted authorization to distribute Hancor Pipes and Stone Equipment. Ramrod Equipment as well as Komatsu Forklifts in South Tennessee are distributed by ER.
ER’s management team is world-class and has extensive industry research experience as well as unique administrative skills. The team includes Mrs. Sally James and Mr. David James. The President/CEO of the company, David James, has lived in Denton Parish six years and has worked in all parts of Texas, Mississippi, Alabama and Georgia. He also has a large list of potential customers and vendors.
The company intends to hire two local workers in the shop. ER would support the development of the community by hiring locals. Funds would remain in the area thereby boosting the economy and contributing to the community as a whole. Loyal customers are a great way to grow the company’s market area.
One of the key components of the company’’s strategy is to continue adding to its ever expanding product line. Currently, this includes Echo and Interstate Batteries home equipment, Ramrod commercial equipment, Compact S/I Technology industrial equipment and Komatsu equipment.
The company is looking for a loan/credit in the amount $300,000. Expansion plans include the purchase of additional land and construction of a larger shop/service area, increase rental inventory, purchase of delivery truck, and the hiring of additional personnel including a mechanic and delivery driver. In Year 1, 2, and 3, revenues projected are $210,000. $420,000. And $840,000.
1.1 Mission
ER’8217;s mission will be to be THE ONLY full-service equipment rentals, sales and service company in the upper and lower Denton Parishs. We can also serve the surrounding parishes, including Memphis, Knoxville Grand Prairie, Plano and Garland as well. Therefore, the company’’s strategy is create a niche in a specific geographic area where there are no other potential competitors.
ER’s vision is to continue to expand its service to other areas. As people become more aware of ER’’s presence, the company’s area of coverage keeps increasing.
Houses On The Lake will create a competitive business model for vacation houseboat rental on Lake Shasta in Northern California. The company will offer rental services to young couples, families, and small-sized houseboats (up to 6 people) on loan from current owners. The business will offer vacationers other services to compete with luxury vacation houseboat companies and moorage and revenue sharing for existing owners. To be launched, the company must obtain loans.
Robert Hopkins, the owner and founder of the business, plans to make the business profitable in its second year. It will also become very profitable in its threerd year. Rental rates for houseboats will be low, starting at $600 for 3 days in the off season.
Objectives
Three vacation houseboats will be the first to go on Houses On The Lake’s business. Houses On The Lake is aiming to accomplish the following three goals within the first 3 years of its existence:
Marina and marina rental land
Create a pool of eight houseboats from current owners interested in renting them out
Steadily increasing revenue every year
Achieve a 50% retention rate of customers from year 2 to year 3
Mission
Houses On Lake will offer affordable vacation houseboat rental options for couples and families looking to enjoy Lake Shasta. It will provide a range activities to fit both individuals or groups to give families and couples the ideal balance of excitement, relaxation, and fun.
Keys for Success
There are three keys to success when it comes to the vacation homeboat business:
The rental boats must be kept in perfect condition to preserve the luxury of the accommodation.
Family-friendly activities and services in a variety of formats
Seasonal pricing is used to encourage year-round usage of the boats