just around the corner-presentation
TRANSCRIPT
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T E A M E N T R E - N E W S
A S H L E Y M E I E R , V I C T O R I A H E D R I C K , A L B E R TG A R D E N E R , M A R G H E R I T A H O W A R D , G A B R I E L L EF L E G A L , J O S E P H D O W N E Y
E N T R E P R EN E U R S H I P B M T - 2 7 1 0D E C E M B E R 2 0 1 0
I N S T R U C T O R - K I M BE R L Y G O U D Y
Just Around The Corner
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Just Around The Corner
Multi-member ownership.
Limited Liability Company.
Vending, catering, and lunch delivery.
Healthy lunch choices. Conveniently located.
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SWOT Analysis
Weaknesses
The recent slow moving economy will make businessforecasting uncertain.
Strategically pricing to be competitive and profitable at the
same time.
An equal multi-member ownership may experience difficultiesin decision making which will cause unclear strategic planning.
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SWOT Analysis
Opportunities
Serving many locations through the use of its vending trailers.
Expanding the services provided by adding entertainmentoptions to catering services.
The existing current market demand of affordable, healthylunch choices will create growth.
Serving the communities catering and vending needs in asocially responsible manner by offering healthy alternative
lunch choices.
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SWOT Analysis
Threats
Other catering and delivery businesses that may start-up in thearea and how we may compare in quality, value, and customerservice.
Slow economy causes slow market growth and will createvulnerability to recessions.
Having the ability to change products and services with thechanging needs and tastes of the consumer.
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Code Of Ethics
Just Around The Corner, was founded on the idea
that one company may have the ability to empowerthe community by providing greater value andhealthier dining options. Always following the goldenrule, internally and externally, treating others in amanner that we would want to be treated. Alwayscomplying with local, state, and federal laws. We
hold ourselves accountable to the highest ethicalstandards through strict adherence to theseprinciples.
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Financial Needs and Start-Up Costs
Gathering funds for start-up from: Personal Savings.
Individual personal loans.
Small business loans.
Equally splitting the start-up cost among all owners. $3083 or 17% each.
Paid to owners $10/hr. for all time
contributed to the operationof the business.
1/6 of profit.
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Financial Needs
Start-Up Costs-$18,500
Starting inventory, rawmaterials, tools-$2000Legal, professional fees-$500
Business license, permits-$1000Advertising for openingpromotions, signage-$1500Rent, security deposit-$5000
Operating cash-$5000
Delivery Vehicles-$2000
Miscellaneous-$1500
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Financial Needs
First Months Operating Costs/Expenses-$5544
Rent-$1500
Advertising-$400Supplies-$3000
Telephone-$75
Utilities-$100
Business Insurance-$100
Vehicle Insurance-$130Vehicle Payments-$239
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Marketing Plan
Product Healthy alternative lunch
choices offered throughvending.
Excellent customerservice.
Price
Affordable pricing.
Offering bulk rates forlarge catering orders.
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Marketing Plan
Place Mobile unit sitting in
predetermined locationstargeting the high trafficcommunity.
Promotion Advertising
Public relations
Publicity
Word of mouth Coupons
Media
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Implementation
Step 1: Obtaining the mobile units and vehicles. Allotted Time: 1 month
Step 2: Procuring equipment. Allotted Time: 1 month
Step 3: Developing a Menu. Allotted Time: 6 weeks
Step 4: Securing locations and potential clients. Allotted Time: 3 weeks
Step 5: Advertising. Allotted Time: Begin at least 2 weeks before opening
Step 6: Acquiring inventory/preopening. Allotted Time: 1 week
Step 7: Grand Opening.
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T H E C A T E R I N G / V E N D I N G H Y B R I D B U S I N E S S .
A U N I Q U E B U S I N E S S O F F E R I N GA F F O R D A B L E , H E A L T H Y F A S T F O O D L U N C HA L T E R N A T I V E S T O T H E C O M M U N I T Y . T A K I N G
H E A L T H Y E A T I N G , V A L U E , A N DC O N V E N I E N C E T O N E W L E V E L S .
Just Around The Corner