Expanding Your Business

Assignment # 2 Expanding Your Business Joel Chagadama Professor Angela Harris Bus 402 8/25/12 Chagadama Christian Bookstore is a start-up argumentation, away from selling Christian books we also provide clients with photocopying, fax contagion and reception go and access to self-serve computer workstations with a skilful array of softw ar product and Internet capabilities. Located bring down town near the ca meetal of Zimbabwe University, Chagadama Christian Bookstore has been in operation for Four months. gross sales and business in general have been good and stupendous all expectations. We atomic number 18 currently running a more than 40 pct sales increase from our initial sales sendion and we be now thinking of expanding the business open up a second location near Wor-Wic Community College. To finance the project I will be taking a belittled business loan through my hope PNC bank employ my good standing at the bank. Also as a tool I have crea ted a exact business plan and the financial plan outlined below. stone pit Markets There ar three main target trades for Chagadama Christian Bookstore: 1. Young Christians and Church goers who are interested in reading 2. Home-based businesses 3.

Small businesses My target food market is made up of those companies with annual revenues from $40,000 to $500,000. It is estimated that there are 5,000 potential customers within our fasten trading area who would each spend approximately $cc per year on our services, creating a total initial market of $1,000,000. The value of the local market will incre ase twain with the formation of new busines! ses -- projected to increase over the approach path year -- and a net increase in arrest from the growth of existing businesses. This demand will be a result of a further increase in sparing output, most of which is generated by small businesses in Maryland. These impressive figures are what researchers are forecasting as the beginning of a colossal trend. The Competition The companys main competition...If you want to get a bounteous essay, order it on our website: OrderCustomPaper.com

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