Business Plan: An Ice Cream Shop (part II)
July 18th, 2010 | 
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Business Management and Operations
The business will be attended personally by the owner (a) for weeks and hired an aide for the weekend. The owner will be responsible for making decisions and supervise the proper operation of the business over the weekend should be regarded as one of its office on Saturday to visit the business and / or Sunday to ensure that it properly march.
Additionally, the owner must act as care manager important aspects such as product purchases (inventory) control and service payments, managing all accounting aspects including tax payments and billing, local and salary payments (s).
Potential Risks
Within the risks to the business and its operation could be exposed are:
Few customers, if not properly choose the location of the same or if the local access conditions are not right
Insecurity also depending on the location of the business and hours of operation.
Few sales, if not properly managed inventories of products and the customer does not find what you are looking for.
Few sales: If the personal attention provided by the owner and the employees were not high quality
Financial risks if not properly administer the finances of the business. This is essential to have a budget and respect it.
Financial Plan (in U.S. $)
Source of funds for initial investment
Initial capital available cash: $ 1500
Seed money from credit: $ 2,500
Initial Capital Investment: $ 3,000
Use of funds (initial investment)
Cost of the franchise: $ 2000 *
Local rent deposit: $ 150
Initial investment in product: $ 200
Furniture: $ 200
Working capital: $ 4,000
* Average estimate of the various available ice cream franchises in Latin America that regularly include: the right to use the franchise, training, promotional support, decoration and painting of the premises and an initial amount (variable) into a product. Working capital refers to the amount of money that supports the business until this is self-financing and start generating profits. Banks often use this as a reference potential of the business and usually do not give credit when projecting the same applies to very long periods.
Budget fixed monthly expenses of operation:
Services (water, electricity): $ 75
Local Revenue: $ 150
Product investment $ 500
Promotion and marketing $ 75
Administrative expenses: $ 200
Payment of bank loan: $ 100
Maintenance $ 50
Depreciation $ 50
Wages $ 150
Total: $ 1,350
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