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S ocializing F or A C ause

S ocializing F or A C ause. Natasha Wright. Business Profile.

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S ocializing F or A C ause

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  1. SocializingForACause Natasha Wright

  2. Business Profile • My business idea is to help young adults who have a hard time meeting others and socializing to meet others while giving to a great cause to help others. Also to let people meet each, have a night out in the town, and once again give to a great cause

  3. Mission Statement SFAC is here to offer people of the Michiana area a night out on the town to enjoy themselves and everyone around them. Your able to socialize while bettering a life, or maybe even saving one. I want to give back to these organizations for personal reasons.

  4. Legal Structure • Sole Proprietorship • Small business: Begin alone • Possible partnership • Not-For-Profit after business gets started ($500 to register) later I will register.

  5. Qualifications • I will have guest speakers for all my gatherings so my guest can be informed on what their money is going to and on my plans. • Helped with dinner parties in the past. • I have office experience.

  6. Target Market • Niles & Michiana area • 17 - 18 years of age for Speed dating • Adults ages 21 to senior citizens for cocktail parties • Adults 18 and up for Dinner parties, or families welcomed

  7. Consumer & Market Analysis • Market Segment: • Target Customer: Young adults up to senior citizens, who want to meet new people and have a night out.

  8. Projected Yearly Income Statement

  9. Human Resources • Employees: • Accountant/Money Manager: $30 per event • Volunteers: they will need to know how to serve others and handle money. They will help my business by providing services to my clients and keep everything organized. • Advisors: • Luther Tyson who is a great resource • Cody- Notre Dame contact • Glo who works at TCU, who will handle the money and figure out my expenses • My Party planner, will handle putting my dinners and cocktail parties together. • Professional Relationships: • My banker/accountant Glo • SCORE (Service Corp of Retired Executives) • YSN Network

  10. Marketing Mix & Plan

  11. Competition • I have no competition at this point of time which means if I work hard I’ll easily move to the top.

  12. Start up Investment

  13. Economics of One Unit

  14. Average Event Fixed Costs

  15. Financing Strategy • Covers needed start-up investment ($440)

  16. Operating Plan • Accountant/Money Manager • SFAC banking account • savings • checking • Equipment • Projector • Sound System • Taxes: I will need to fill out 1040 tax form quarterly. • Laws: Business perment.

  17. Monthly Sales Projection

  18. Business & Educational Goals • Cosmetology School • Possible Business Degree • Massage School • Have SFAC remain in Michiana, with potential expansion to Indianapolis, Chicago and Georgia. More advertising in future will hopefully lead to more donations for each cause.

  19. Philanthropy Plan • My business will give back to organizations such as breast cancer and human tracking, and the RCLC. • I will be making money and giving a percentage to the organization hosting that night, while having others in attendance that night spread the word of my business.

  20. Time Management Plan • A Typical Week • Entrepreneurship Hours: 27 • School Hours: none • Work Hours: 36 • Free-Time Hours: 20

  21. THANK YOU FOR CONSIDERING SOCIALIZING FOR A CAUSE

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