This article contains nuts-and-bolts information to develop the business successfully.
Strategic Analysis with current research! The Company was founded by John Doe. The business will also generate secondary revenues from the sale of ammunition and storage of firearms.
The third section of the business plan will further describe the services offered by the Shooting Range. The interest rate and loan agreement are to be further discussed during negotiation.
The financing will be used for the following: Doe has more than 10 years of experience in the firearms retailing industry. Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations.
Doe expects a strong rate of growth at the start of operations. Below are the expected financials over the next three years. Doe intends to implement marketing campaigns that will effectively target individuals, police officers, and gun clubs within the target market.
The Company is registered as a corporation in the State of New York. Below is a breakdown of how these funds will be used: Doe is not seeking an investment from a third party at this time.
Doe may seek to sell the business to a third party for a significant earnings multiple. Most likely, the Company will hire a qualified business broker to sell the business on behalf of the Shooting Range. Based on historical numbers, the business could fetch a sales premium of up to 4 times earnings.
The business intends to have eight to ten booths where individuals can fire rounds of ammunition safely towards targets placed on the range. The range will be outdoor based.
The business will have specialized equipment that will allow users to have the targets come back to them mechanically. The business will comply with all federal and state firearms laws at all times.
No sales of firearms will be made at the Shooting Range. Additional revenues will come from the storage of firearms at the Shooting Range facility. Currently, the economic market condition in the United States is moderate.
The meltdown of the sub prime mortgage market coupled with increasing gas prices has led many people to believe that the US is on the cusp of a double drip economic recession.
This slowdown in the economy has also greatly impacted real estate sales, which has halted to historical lows. The anticipated future growth rate of the shooting range industry is expected to remain in line with that of the general economy. Common traits among clients will include: The key to writing a strong competitive analysis is that you do your research on the local competition.
Find out who your competitors are by searching online directories and searching in your local Yellow Pages. Below is an overview of the marketing strategies and objectives of the Shooting Range.
Doe intends on using a number of marketing strategies that will allow Shooting Range to easily target men and women within the target market.
These strategies include traditional print advertisements and ads placed on search engines on the Internet. Below is a description of how the business intends to market its services to the general public.
The Shooting Range will also use an internet based strategy. This is very important as many people seeking local services, such as shooting ranges and gun clubs, now the Internet to conduct their preliminary searches. Doe will register the Shooting Range with online portals so that potential customers can easily reach the business.
The Company will also develop its own online website.Red Lodge Clay Center offers multiple residency opportunities for Artists, Students, Educators, or anyone looking for the time and space to invest in their studio practice.
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Free Shooting Range Business Plan For Raising Capital from Investors, Banks, or Grant Companies! Please note that the financials in this complete free business plan are completely fictitious and may not match the text of the business plan below.