managed by alex samber. miniature golf courses indoor and outdoor courses glow in the dark start...
TRANSCRIPT
Lil’ Sam’s Mini GolfManaged by Alex
Samber
Nature of the Business
Logo
Miniature golf courses Indoor and outdoor courses Glow in the dark Start up business Service Market penetration
Business Description
Pine Township, Allegheny County, Pennsylvania
Close to the Pine Richland High School and major highways Pine Township, Allegheny County, Pennsylvania and roadways
location
Monday through Sunday Monday through Thursday from 12:00- 9:00 Friday through Sunday From 11:00 – 10:00
Hours
One Indoor Course Two outdoor courses Employee Lounge Office Public restrooms
Facilities
My mission Be the best Cheapest Wanting costumers to come back
Objectives
ORGANNIZATION PLAN
College Graduate Business degree Previous experience in the field
Background Information
My employees are know as associates Amount of employees Three Employees
Titles
Company: Lil Sam’s Miniature Golf Course Job Title: Cashier/customer service Rate of Pay: From $7.25 to $10.00 Supervisor’s Job Title: Owner QUALIFICATIONS Education: High School Experience: Experience with customer service, operating a cash register Physical Requirements: Specific Skills and Abilities Required: Counting change people skills Training Provided: Walk through on the first two days JOB REQUIREMENTS Major Job Tasks: Operating a cash register, serve customers, clean tables and bathrooms, and customer
service Specific Job duties: A cashier must give the customer exact change due, and hand the customer food and
refreshments when ordered, and clean restrooms and bus tables after customers are finished. Number of Work Hours Required per Week: Maximum: 40 Hours Minimum 30 hours Normal Work Schedule: Daily: 11am to 5pm Weekly: open 7 days a week Employee Benefits Provided: one week of paid vacation and half off on games of golf
Job Specification Form
Employees earn minimum wage $290 total for one week for maximum
amount of hours Work their way up
Breakdown
Multiple Strategies Signs on roads Help wanted sign A Banner across the building Application Phone call plus Interview Phone call
Hiring Process
Marketing Plan
Wildwood Highlands Putting Edge Ice Cream World
Competitors
Cheaper Closer location Quality games of golf Respect for customers
Why I am better
Middle Class Caucasian Families Young teenagers Known for family fun
Target Market
Billboards Coupons Signs Newspaper First 100 costumers half off Memorial Day opening
Advertising Plan
Financial Plan
Technology $1,555.00Equipment $1,957.50Furniture $14,039.00 Total $17,55.50
Cost of equipment
Putters $1,536.00 Golf balls $16.50 Glow in the dark balls 4405.00 Turf $13,860.00
Iventory
Total fixed Assets 17,551.50 Total startup one time costs 2,500.00 Total start up costs 20,051.50
Start up Costs
Mortgage amount: $338,182.50 Mortgage term: 30 years rate: 4 % per year Monthly Payments: $ 1614.53
Loan
June July August September October November
Revenue from Sales 27,300.00$ 27,300.00$ 27,400 27,400 27,000 27,000
Avg. Customers/Day 70
Avg. Purchase Price 13.00$
Days open per month 30
Cost of Goods from Sales 27,300.00$
Avg. Industry Markup
Gross Profit -$
Operating Expenses:
Owner's Yearly Salary 30,000.00$
Wage Expense 652.50$ 652.50$ 652.50$ 652.50$ 652.50$ 652.50$
Rent Expense -$
Advertising Expense 546.00$ 546.00$ 546.00$ 546.00$ 546.00$ 546.00$
Supplies Expense 200.00$
Utilities Expense 70.00$
Cell phone & Internet 30.00$
Insurance Expense 100.00$
Loan Payment 500.00$
Total Operating Expense 32,098.50$
Net Income (32,098.50)$
Name of Company
Income Statement
For Month Ended
Note: Required Start-up Funds for New Business
Required Start-Up Funds Amount Totals
Fixed Assets
Technology 1,555.00$
Equipment 1,957.50$
Furniture and Fixtures 14,039.00$
Other Fixed Assets -$
Total Fixed Assets 17,551.50$
Start-up Costs (one-time)
Legal and Accounting Fees 1,000.00$
Licenses 1,000.00$
Rent Deposit
Utility Deposit 500.00$
Other one-time costs
Total Start-up One-time Costs 2,500.00$
TOTAL START-UP COSTS 20,051.50$
Note: Copy from Income StatementOperating Expenses One-Month
Cost of Goods Sold 21,840.00$
Owner's Yearly Salary 30,000.00$
Wage Expense 652.50$
Rent Expense Advertising Expense 546.00$
Supplies Expense 200.00$
Utilities Expense 70.00$
Cell phone & Internet 30.00$
Insurance Expense 100.00$
Total Operating Capital 53,438.50$
Six-Month Operating Expenses + One-time Costs 320,631.00$
Total Start-up Funds Required
**Start-up Funds + Six-Month Operating Expenses
Lil Sam's Miniature Golf Course
338,182.50$
Start Up Costs
Note: List any Equipment needed for start-up
Required Equipment for Start Up Amount Total Resource
Technology
Computer(s) 300.00$ bestbuy.com
Printer(s) 150.00$ bestbuy.com
Phone(s) 120.00$ consolidated.net
Web Page 376.00$ redstarfishweddesign.com
Cash Register(s) 609.00$ crdw.com
Total Technology Cost 1,555.00$
Equipment
putters 1,536.00$ pricekicker.com
golf balls 16.50$ golfballplanet.com
glow in the dark balls 405.00$ nightflyer.com
Total Equi;pment Cost 1,957.50$
Furniture & Fixtures
benches 179.00$ benches.com
putting green 13,860.00$ actionsportscompany.com
Total Furniture Cost 14,039.00$
Other Assets
Total Cost of Other Assets -$
TOTAL COST OF EQUIPMENT 17,551.50$
Lil Sam's Minature Golf
Equipment List