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Mission Statement. Share-My-Toys is a start-up company that sells timeshares of recreational equipment for outdoor activities inn southeastern Idaho and western Wyoming.. The Team. Sandra Corwin, CEOB.S., Business Administration, Idaho State UniversityProduct Manager, Anaconda Kayaks and Canoes, R
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1. Share-My-Toys Sandra Corwin
2. Mission Statement Share-My-Toys is a start-up company that sells timeshares of recreational equipment for outdoor activities inn southeastern Idaho and western Wyoming.
3. The Team Sandra Corwin, CEO
B.S., Business Administration, Idaho State University
Product Manager, Anaconda Kayaks and Canoes, Redding, CA, 6 years
Ernesto Candelaria, CFO
M.S., Accountancy, University of Montana
CPA for KPMG Accounting Firm, 12 years
Private CPA, Montpelier, ID, 7 years
4. Competition Southeastern Idaho has several recreational equipment rental companies but no timeshare companies.
SMT has a wider range and greater inventory of equipment.
Timeshare gives members ownership.
Membership fees provide needed business capitol.
Members get more use of equipment for less money. Dont forget to name the competing companies.Dont forget to name the competing companies.
5. 5-Year Goals Triple equipment inventory
Duble number of memberships
Open second outlet in Fish Haven, ID, nearer to Bear Lake
6. Objectives Increase market share to 50%
Increase annual marketing budget to $250,000
Hire full-time manager of marketing and advertising
Hire three more outlet managers
7. Risks and Rewards Risks
Potential members might prefer simple rental
Equipment maintenance and replacement schedule might be too conservative
Poor weather could slow membership sales
Rewards
Capital from memberships could provide significant, steady revenue stream
Profits could amount to 16% of investment
8. How to Contact Share-My-Toys There are three ways to contact us:
Call Sandra Corwin, CEO, at 208-555-3870, ext. 110
Or call Ernesto Candelaria, CFO, at 208-555-3870, ext. 210
Or visit our Web site at www.share-my-toys.biz