BUS1101 Dog Grooming Daycare business plan Project: Business Plan – Part II The group of investors who saw your presentation several weeks ago seemed imp

BUS1101 Dog Grooming Daycare business plan Project: Business Plan – Part II

The group of investors who saw your presentation several weeks ago seemed impressed and believed your business had potential. However, they gave you some feedback that you needed to hear. Your presentation did not include financials, organizational structure, employee skill sets, your background and brief bios of others involved, as well as who your stakeholders are and the nature of your commitment to them from an ethical standpoint. (Attached is my business that must be used)

Using this input plus the feedback you received from your instructor on the first part of your project, complete the finished version of your business plan presentation. You will update your PowerPoint presentation developed in Week 3 and prepare an additional 6 – 10 PowerPoint slides to address the following:

Financial projections
Sources of capital
Organizational structure
Key roles and the bios of those filling them.
Employee skill sets needed
Statement of commitment to the stakeholders

When creating your business plan presentation, include the following:

Business Plan Part I
Title and business name.
Explain the form of business ownership of your business, including the advantages and disadvantages of establishing your business in this form.
Propose the objective(s) of the business and why they are appropriate.
Summarize your intended customers.
Propose your marketing plan:
Specifically detail your major product(s) or service(s).
Explain how you intend to promote your product(s) or service(s).
Justify pricing for your major products (items) or services.
Explain your channels of distribution; how you intend to get the products or services to your customers.
Explain the economic factors that will impact your business.
Analyze your main competitors or the competition factors that may impact your business.
Include 2 -3 additional slides that summarize the corrections and improvements you have made to Part I as a result of your continuing study and feedback.
Business Plan Part II
Propose the financial aspects of your plan.
Estimate of the amount of startup capital you will need, and examples of how the money will be used.
Sources of finances – where you intend to get your startup funds
Projected income – how much money you intend to make over the next year, month by month.
Explain the key functions within the business.
Integrate information about key owners/staff and brief bios to include skills and qualifications needed for the business functions.
Propose an ethics and social responsibility statement.

Follow the same PPT design protocols detailed in the week 3 project instructions.

On the final slide, provide a list of references, using APA format Include at least three scholarly resources, one of which must be your textbook.

Submission Details:
Submit your Business Plan Presentation in a 15 to 20 -slide Microsoft Power Point. Dog Grooming Day-Care
BY: BRANDY TURNER
DATE: JAN. 23, 2019
PROFESSOR: CHERYL ELLIOT
Dog
Grooming
Day-Care
There has been an
upsurge of pet
ownership in the
United States;
The most common
pets in the country
are cats and dogs;
The rise in number
of pets in the
country means that
there will be a need
for a matching
grooming and day
care facility and/or
service;
Services offered will
encompass
grooming, medical
care and different
types of training;
Forms of Business Ownerships
01
02
03
The business
ownership will be a
sole proprietorship;
A sole
proprietorship is
owned and
managed by a
single individual;
It can have
multiple people
operating the
business but must
have a sole owner.
Advantages of
Sole
Proprietorship
Owner has
complete
control and
decision
making power;
Ease and cost
of formation;
Tax
advantages
Few formal
business
requirements;
Disadvantages
of Sole
Proprietorships
Investors
normally avoid
sole
proprietorships;
Potential
exposure to
liability;
Decision making
bestowed on owner;
Business Objectives
01
02
03
Offer premium
pet grooming
services;
Provide a
decentralized
pet care
system;
Humanization
of the pet
grooming
process;
Intended
Customers
All pet
owners;
Working
pet
owners;
Grooming
services
Marketing
Plan
Services
Provided
Medical
services
(emergencies
covered too);
First aid training
to pet owners;
Dog training;
Cont.;
Promoting
services
provided
Blogs and the
social media;
Local listings
services;
Join online
communities;
Referrals from
satisfied
customers;
Cont.;
Pricing
Added value
through
provision of
premium
services;
Humanized
care of pets;
Decentralized
pet care
system;
Direct;
Cont.;
Channels of
Distribution
Dealer (after
expansion);
Economic
factors that
will impact
the business

Consumer confidence;

Interest rates;

Employment;
Competition
Pet stores
provide
provisional
grooming
services as an
after sale
service;
Pet care industry
is heavily
invested in;
Huge
corporations
have huge
marketing
budgets
unavailable to
startups;
Witherill, W. (2016). Dog Daycare
Demographics. Retrieved from
http://www.pawsdogdaycare.com/Start-UpServices/Dog-Daycare-Demographics.htm
References
Lombardo, C (2016). 10 Advantages and
Disadvantages of Sole Proprietorship.
Retrieved from
https://connectusfund.org/10-advantagesand-disadvantages-of-sole-proprietorship
Castaño, M. S., Méndez, M. T., & Galindo, M.
Á. (2015). The effect of social, cultural, and
economic factors on entrepreneurship.
Journal of Business Research, 68(7), 14961500.
Feedback from W3
Who are your competitors? What will you offer that they will
not? Spend a little more time addressing the questions of the
rubric and find a source or two that you can cite and support
your business idea.

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