Business Plan Case Study Example | Topics and Well Written Essays - 1250 words

Business Plan - Case Study good exampleThe owner of the park with (state no of years) years of experience in buying and selling mobile homes has secure knowledge of the local market conditions. The park in the best of its condition will serve the caparison needs for many citizens.Market analysis The Park fit(p) half a mile from the lake is a prime occupancy place. The lead time for occupancy is a maximum of two months. The place is largely rented by couples 80% of whom be young and 20% retired. Tenkiller has 70.8 % of the population over 15 years that are under the now married category according to Onboard Informatics 2008. In assenting the park is situated in geography with extremely high floating population. The North Eastern state university has 6500 students in its campus and to the highest degree 400,000 annually visit the Illinois River and 2,000,000 annually visit Lake Tenkiller.The current rent rates for mobile homes range from $325 to $475 this includes individual a nd double wides.Placement The Park is situated within half a mile from the lake making proximity to the lake and body of water sports viable and this will be a unique selling point for the park. In addition to this Lake Tenkiller being a major tourist attraction and place for camping will keep the homes at a 90% occupancy.The promotional actProduct The Park after renovation and new homes with a childrens play area and storage units will definitely prove moneys worth for tenants and prospects.Promotion The promotional action at law for the mobile park will take place in all the leading camping sites and water sport areas where tourist flood in addition to electronic and mailing channels. The park will overly be advertised in the North eastern State University and in the neighbouring towns. Below is a clientele plan for a Mobile Home Park in the state of Oklahoma. The proposal states the viability of the business in alliance with the financials which includes the start up account s and the projected proceeds and loss statements for the first 3 years.Start up expensesLegal$300 StationeryBrochuresConsultantsInsurance$200 Rent Research and DevelopmentExpensed EquipmentOther positive Start up expenses$500 Start up assetsCash Required$6,000 Other current assets$0 long term assets$91,000 Total assets$97,000 Total requirements$97,500 Start up FundingStart up expenses to line$500 Start up assets to fund$97,000 Total Funding required$97,500 AssetsNon cash assets from start up$91,000 Cash requirements from start up$6,000 Additional cash raised0Cash balance on starting date$6,000 Total assets$97,000 Liabilities and capitalLiablitiesCurrent borrowing0Long term liabilities$87,000 Accounts collectible0Other current liabilities0Total liabilities$87,000 CapitalPlanned investment$10,000 Other0Additional Investment required$87,000 Total planned investment$97,000 loss at start up$6,500 Total capital$90,500 Total capital and liabilities$97,000 Total funding$97,500 Proforma P rofit and Loss Pro Forma Profit and LossFY 2009FY 2010FY 2011Sales$28,080 $32,160 $36,240 Direct Cost