I'm taking a Biz Mgt course here in Kuwait and as a project, we have to come up w/ a business idea. We all explained why we were taking the course and many just needed the credits, while I was one of the few with a plan to take home and start up a new venture.
Our class broke into three groups and my group is going with the Mobile Dog Grooming biz because I brought in Ellen's Go 'Mobile and Succeed' book and the Wag n Tails business packet. Basically, I was already halfway through with our project...to develop a business plan for a company.
We are pretty far into this, but I do have a couple of questions. Please feel free to PM me if this is at all private. You can round it off as well. My question is...
What kind of start up costs (capital required) would a Mobile encounter? I guess-timated
Vehicle $45,000-60,000
Maintenance/ fuel, insurance $7500 yr
Towel service, Shampoos, Tools, Sharpening, $1000 yr
Uniforms (Smocks, Pants, Jackets Shoes, Embroidery) $400-600 yr
Advertising (web and conventional) $200 yr.
---That's $69,300 on the high side---
My numbers may be way off. Any ideas?
We're up on ending this course and I'll be able to walk away with about 85% of a complete business plan. I'll just alter things like the name and phone number. One of my fellow students worked out the marketing plan and provided a listing of all radio, TV and newspapers in my general area. I provided the U.S. pet ownership calculator, which is in a thread by that name, and we're ready to roll.
Am I missing anything? My instructor is very interested and I'll keep him informed of my progress when I get home.
Thank you, in advance, for any input/advice.
Our class broke into three groups and my group is going with the Mobile Dog Grooming biz because I brought in Ellen's Go 'Mobile and Succeed' book and the Wag n Tails business packet. Basically, I was already halfway through with our project...to develop a business plan for a company.
We are pretty far into this, but I do have a couple of questions. Please feel free to PM me if this is at all private. You can round it off as well. My question is...
What kind of start up costs (capital required) would a Mobile encounter? I guess-timated
Vehicle $45,000-60,000
Maintenance/ fuel, insurance $7500 yr
Towel service, Shampoos, Tools, Sharpening, $1000 yr
Uniforms (Smocks, Pants, Jackets Shoes, Embroidery) $400-600 yr
Advertising (web and conventional) $200 yr.
---That's $69,300 on the high side---
My numbers may be way off. Any ideas?
We're up on ending this course and I'll be able to walk away with about 85% of a complete business plan. I'll just alter things like the name and phone number. One of my fellow students worked out the marketing plan and provided a listing of all radio, TV and newspapers in my general area. I provided the U.S. pet ownership calculator, which is in a thread by that name, and we're ready to roll.
Am I missing anything? My instructor is very interested and I'll keep him informed of my progress when I get home.
Thank you, in advance, for any input/advice.
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