This is that business plan I’m making that I made a post about a few weeks ago…my teacher is bitching at me, telling me its not developed enough...
Keep in mind this is only the first page. The BP so far is over 15 pages long…
1.0 Executive Summary
CB7Tuner (CB7T) is a small, Georgia-based automobile racing parts brick and mortar and mail order organization. CB7T will remain small in order to offer unprecedented customer attention. Southeast Racing Parts will become the premier destination for entry level and novice racing parts.
The Market
CB7Tuner will be participating in an exciting, growing market. Motorsports has seen explosive growth in the USA in the 90's. It is now the fastest growing sport in the USA. The market is worth $1.5 billion annually. A recent survey indicates that over 385,000 people have competed in organized motorsport events with even more people who have "souped" up their cars but have yet to compete in organized events. Additionally, TV coverage for motorsports has increased dramatically helping fuel growth. Lastly, Georgia has experienced record population growth, 25% within the last decade making CB7T's chosen location attractive.
The Organization
CB7Tuner is founded on the idea that maintaining satisfied customers is essential to the financial health of the organization. With this in mind, CB7T will be working hard to ensure that all of their customer's expectations are exceeded in all transactions. To maintain a presence within the racing community and close relationships to customers, CB7Tuner will be an active member of the local racing scene through participation and sponsorship.
Products, Services, and Delivery
CB7T will be both a brick and mortar company serving the local community as well as offering a catalog with a mail order service. The catalog will be a four-color edition and subsequent editions will be analyzed to determine the cost effectiveness of publishing in this format. CB7T will offer engine and chassis parts for a wide variety of cars. Safety equipment and set up equipment will also be offered. All of the popular name brands will be offered in addition to an array of generic label parts. CB7T will offer coil rating services as well as scaling services for race cars.
Financials
CB7Tuner will be profitable from month one. Margins are forecasted to be at 30%, eventually reaching 33%. Year one sales will be $350,000 for year one with a 30% growth rate for the first five years.
CB7Tuner is an exciting opportunity that combines a customer-centric organization with an explosive industry. Motorsports is becoming increasingly popular in the United States with more and more people becoming active participants. Even for those who are not true participants, it is now "cool" to have your car "tweaked out" even just for aesthetics. An investment in Southeast Racing Parts is a high growth, reasonable risk opportunity.
Keep in mind this is only the first page. The BP so far is over 15 pages long…
1.0 Executive Summary
CB7Tuner (CB7T) is a small, Georgia-based automobile racing parts brick and mortar and mail order organization. CB7T will remain small in order to offer unprecedented customer attention. Southeast Racing Parts will become the premier destination for entry level and novice racing parts.
The Market
CB7Tuner will be participating in an exciting, growing market. Motorsports has seen explosive growth in the USA in the 90's. It is now the fastest growing sport in the USA. The market is worth $1.5 billion annually. A recent survey indicates that over 385,000 people have competed in organized motorsport events with even more people who have "souped" up their cars but have yet to compete in organized events. Additionally, TV coverage for motorsports has increased dramatically helping fuel growth. Lastly, Georgia has experienced record population growth, 25% within the last decade making CB7T's chosen location attractive.
The Organization
CB7Tuner is founded on the idea that maintaining satisfied customers is essential to the financial health of the organization. With this in mind, CB7T will be working hard to ensure that all of their customer's expectations are exceeded in all transactions. To maintain a presence within the racing community and close relationships to customers, CB7Tuner will be an active member of the local racing scene through participation and sponsorship.
Products, Services, and Delivery
CB7T will be both a brick and mortar company serving the local community as well as offering a catalog with a mail order service. The catalog will be a four-color edition and subsequent editions will be analyzed to determine the cost effectiveness of publishing in this format. CB7T will offer engine and chassis parts for a wide variety of cars. Safety equipment and set up equipment will also be offered. All of the popular name brands will be offered in addition to an array of generic label parts. CB7T will offer coil rating services as well as scaling services for race cars.
Financials
CB7Tuner will be profitable from month one. Margins are forecasted to be at 30%, eventually reaching 33%. Year one sales will be $350,000 for year one with a 30% growth rate for the first five years.
CB7Tuner is an exciting opportunity that combines a customer-centric organization with an explosive industry. Motorsports is becoming increasingly popular in the United States with more and more people becoming active participants. Even for those who are not true participants, it is now "cool" to have your car "tweaked out" even just for aesthetics. An investment in Southeast Racing Parts is a high growth, reasonable risk opportunity.
