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Business plan breakdown
Business plan breakdown
Business plan breakdown
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BUKHO NQUNQA 10I- BUSINESS PLAN
CONTENTS
COVER PAGE..................................................1
CONTENTS.....................................................2
EXECUTIVE SUMMARY...................................3
DESCRIPTION OF BUSINESS............................4
SWOT ANALYSIS.............................................5
OPERATIONS PLAN.........................................7
MARKETING PLAN..........................................10
FINANCIAL PLAN............................................12
CONCLUSION.................................................13
EXECUTIVE SUMMARY
THIS IS A BUSINESS LOCATED IN RANDBURG, WHICH IS A MULTISPORT ARENA COMBINES THE JOYS OF DIFFERENT SPORTS, IN ONE ARENA. THIS BUSINESS OFFERS DIFFERENT
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SEVEN LEAGUES RUNNING TWICE A YEAR WITH 8-12 TEAMS PER LEAUGUE)
• SPONSOR 3-5 COMMUNITY EVENTS IN OUR FIRST YEAR OF BUSINESS
DESCRIPTION OF THE BUSINESS
FORM OF OWNERSHIP
SPORTS-O-RAMA WILL BE A PARTNERSHIP THAT WILL BE PRIVATELY OWNED. BUKHO NQUNQA AND THABO NKOSI WILL OWN 26% OF THE COMPANY EACH, WHILE 12 OTHER PARTNERS WILL OWN 4%. THE WORKLOAD AND RESPONSIBILITY WILL BE SHARED BETWEEN THE PARTNERS SO THEY ARE SHARING THE PRESSURE, TIME AND EFFORT.
SERVICES PROVIDED
SPORTS-O-RAMA, A FIRST CLASS MULTISPORT ARENA, PROVIDES A GREAT FITNESS CENTRE, A MASSAGE THERAPY CLINIC, A FOOD COURT, A CHILD CARE CENTRE, FULL SERVICED LOCKER ROOMS, 3 SOCCER, HOCKEY AND RUGBY FIELDS, 10 TENNIS COURTS, 5 NETBALL COURTS AND 2 HEATED POOLS WITH THE NECESSESARY SPORTS AND QUALIFIED AND WELL KNOWLEDGED STAFF IN THE DIFFERENT DEPARTMENTS.
SWOT ANALYSIS
Strength : Weakness :
MULTIPLE SPORTS
HIGHLY SKILLED STAFF NOT ENOUGH WAITERS/WAITRESSES
Opportunity: Threat
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EVEN SOME OF THE RESTURANTS IN THE AREA ARE COMPETITORS WITH THE FOOD COURRT AT THE SPORTS-O-RAMA ARENA.
MARKETING PLAN
TARGET MARKET
THE TARGET MARKET WILL BE THE GYM AND MUSCLE ADDICTS, TOURISTS, THE SPORTY LOVING PEOPLE, THE FANATICS, THE ADRENALINE OVER FLOWS AND EVEN PEOPLE WGHO WANT TOM LOSE WEIGHT. PREFERABLY PEOPLE FROM THE AGE OF 5-30.
COMPETITORS AND THEIR EFFECTS
THE COMPETITORS HAVE ALREADY GOT CURRENT, LOYAL MEMBERS WHICH TAKE AWAY THE OPPORTUNITY OF GAINING EXTRA MEMBERS.
PROMOTION STRATEGY
HERE ARE A FEW WAYS TO PROMOTE OUR BUSINESS:
• GIVE A TOUR TO BOTH JUNIOURS AND SENIOURS OF BOTH PRIMARY AND HIGH SCHOOL DURING THE BUILDING OF THE FACILITY
• MAILING OUT FREE PASSES
• SENDING OUT FLYERS
• STICKING UP POSTERS ON THE WALL
• HAVE AN OPEN DAY ON THE DAY THE FACILITY WILL BE OFFICAILLY
• OPEN, BUT MAKE IT FREE TO EVERYBODY. FINANCIAL PLAN
WHAT THE MONEY WILL BE USED ON:
• SPORTS EQUIPMENT
• LAWN MOWER
• WATER AND ELECTRICITY
• STADIUM LIGHTS
• KITCHENS
• THRIFT SHOP
• MASSAGING OIL AND TOWELS ETC.
• FIRST AID KIT
• LOCKERS
NEEDS MAJOR SECURITY, WILL HIRE 24HOUR SECURITY WITH
Instead of trying to persuade customers to buy what the LA Fitness has already produced, the marketing department has decided to produce a product for families not just individuals. The corporation has decided to do this through research. Consumer needs and wants became the firm's primary focus. This consumer-orientated marke...
Siegfried, J., & Zimbalist, A. (2000). The economics of sports facilities and their communities. The Journal of Economic Perspectives, , 95-114.
For the final assignment, I am going to propose a three-year plan to expand the iconic weight loss company of Weight Watchers, to gain new and younger clientele. The plan will include a brief synopsis of the company, a SWOT analysis, and three plans that will be essential to the strategic plan to attract new members. Although Weight Watchers, has been successful for over 50 years the available number of quick diets has made the market over saturated and caused Weight Watchers to have a declining presence in the market. Without this three year stregatic plan to attract new members the company may be forced to sell off its assets and close its doors.
Mihai, Alexandru. “The Strategic Sports Marketing Planning Process.” Manager. Manager Journal, 2013. Web. 6 December 2013.
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Toasted Double Melts are Back! Watch the CommercialCheckers/Rally’s is bringing back our Toasted Double Melts, but this time we are heating up the winter by adding some spicy pepperjack. For a limited time, stop by Checkers or Rally’s to try our Toasted Double Melts with your choice or American of spicy pepperjack cheese.
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