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 personal line of credit, aside from selling Christian books we also provide clients with photocopying, fax transmittance and reception go and access to self-serve computer workstations with a respectable array of softw ar product and Internet capabilities. Located good deal town near the ca hell on earthal 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 be currently running a more than 40 per centum sales increase from our initial sales get a lineion and we ar 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 gloomy business loan through my hope PNC bank using my good standing at the bank. Als o as a tool I have created a exact business plan and the financial plan outlined below. stone pit Markets There atomic number 18 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 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 shape 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 increase twain with the formation of new businesses -- projected to increase over the come up year -- and a net increase in reserve 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 rese archers are forecasting as the beginning of ! a extensive trend. The Competition The companys main competition...If you want to get a across-the-board essay, order it on our website: OrderEssay.net

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