Sportsuchtig: A Sensible Idea

Sportsuchtig is a company that specializes in the sales of baseball and softball equipment and apparel from established manufacturers, such as Easton, Wilson, and Under Armour.

The purpose of this business plan is for Sportsuchtig to obtain a conventional business loan of $700,000 to continue the purchasing of assets of the business, and implementation of key opportunities as part of their growth forecast. Such opportunities include redesign, relocating, and optimization of inventory.

In general, business plans must contain key elements. Sportsuchtig’s business plan contains key financial, managerial, and product market understanding elements that allow Sportsuchtig’s business plan to be considered a strong one.

Financially, the start-up requirements of expenses, assets, investments, and loans are well defined and considered when concerning the profitability of the business. Along with company ownership, the business’ management has been established and sets realistic goals for future managerial opportunities.

The most expanded upon element of the business plan is the company’s understanding of their product line and market segmentation. These two categories are particularly important when it comes to proving the business’ profitability. Proving profitability is a good reassurance for both investors, and the company when concerning the stability of the business’ future both monetarily, and managerially.

Link: Sportsuchtig Business Plan

 

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