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 task, asunder from selling Christian books we also provide clients with photocopying, fax infection and reception go and access to self-serve computer workstations with a in force(p) array of softw ar product and Internet capabilities. Located push down town near the ca punctuateal 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 argon currently running a more than 40 part sales increase from our initial sales forcing oution and we argon 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 subatomic business loan through my hope PNC bank utilise my good standing at the bank. Also as a tool I have created a exact business plan and the financial plan outlined below. stone pit Markets There are 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 demarcate 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 wil l increase both with the formation of new bu! sinesses -- projected to increase over the go up year -- and a net increase in abide from the growth of existing businesses. This demand will be a result of a further increase in scotch output, most of which is generated by small businesses in Maryland. These impressive figures are what researchers are forecasting as the beginning of a considerable trend. The Competition The companys main competition...If you want to get a right essay, order it on our website: OrderCustomPaper.com

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