I formed Cu Gelert LLC back in May 2006 to be used as a holding company for my future endeavors. Currently my first big venture is the acquisition of 6 existing profitable and reputable businesses in the hospitality and food and beverage industry totalling approximately $6 million. My comprehensive business plan for this particular venture is scheduled to be completed around the middle of September 2006 for this project.
I also have a new device about to go to patent pending stage once the concept illustrations and market analysis is complete this September.
My other project is a branch of my large one as to acquire one of the 6 establishments in a hurry since the price asked just dropped for fast sale...
I joined to begin networking with other like minds and get insight from the forums.
Thanks for the input asykes and eric, but still, I have to come up with some realistic looking figures and not far fetched... According to my numbers so far, I can get the whole shipment to the purchaser at an absolute highest estimate of roughly $15 per unit, and I`m still trying to bring down the costs to around $12 and I`m pretty optimistic on that, and that number includes my profit, and the MSRP is easily $25 to $30, or more, depending on the rest of my market analysis and the final design of the product which is almost ready. Just a couple minor tweaks left.I`ve even gone as far as designing improved models to follow up later after a year or two.Merchants should be able to make a handsome profit using these numbers.Anyway, back to the topic at hand... is it reasonable to use these preliminary numbers to calculate the projection? And if so, how many pages (typically), or how detailed should each year be? And how do I carry over to the next year with an assumed increase in sales and what information do I base it on?Cu
Hi everyone... I recently attempted to write my very first business plan totally unrelated to another project some of you may have seen here posted a while back. And it looks great so far... Anyway, my question is... how do I project 5 years of future earnings based on a product that isn`t on the retail shelves yet?I have a new product I wish to sell. I finished my concept and design stage, preliminary market analysis, overseas quotes research for China, and have even researched import tariffs, acceptable plastic polymers, freight charges, dock fees for Long Beach, Ca., licensing, tool & dye costs, holding fees, ground freight fees. Nearly everything is done now, but I need a business plan for funds to get the last part of this venture completed and I want to look like I know what I`m doing (which I do but not on writing the plan), how do I calculate an acceptable five year forecast for sales? Is there a formula?thanks in advance for any input... Cu Gelert
Try beyondbreakeven.com, fundingpost.com, gobignetwork.com, for starters.Hope it helps...JerikPs Be sure to do your due diligence before you send cash if you decide to go with a broker. Never know these days when it comes to scams...
As one who seeks funding, I`m wondering what investors look for as an exit? What is a good exit to offer to an investor so I don`t look as if I haven`t thought that far?
Furthermore, what do investors consider a good exit structure/strategy to a deal?