Weighing Risks

1. Going out of business- I would be really ashamed if i went out of business due to the fact that i would be letting a lot of people down. the way to fix this is to make a business plan and stay with it dont get side tracked from it.

2. Uncertain income- With income being uncertain i would be terrified of going of of business, the only  way i can think of solving this is to make a mark where is need to be money wise every day so if i dont make it one day i can plan to make it up the next.

3. Discouragement- Getting discouraged can be easy and can mess up the flow that your business needs to stay on track, to fix this you would need to stay positive and not get discouraged by things just think it will get better.  

Business Plan Basics

Executive Summary

Two friends started a small business and grew it in to and big business and did so by using what they had, and that was the power of the internet.


Product or Service Description

There business is selling and teaching people how to play the Didgiridoo.


Market Landscape

There marketing this to everyone who wants a Didgiridoo or wants to learn how to play it.


Operational Plan

They started looking for businesses that did what they wanted to do and did not find one so they made there own.


Sales and Marketing Plan

The marketing plan these two made was to make a business that they could love and it be something they like to do, they started off slow and as a little business and then took it to the internet and that hleped out a lot.

Financial Plan

they did not talk about this.


Appendices


 

SWOT Analysis of Caterpillar

                                                                        Caterpillar 

Strengths, Its a huge corporation and the services they offer will all ways be needed.  

Weaknesses, Increasing going into debt.  

Opportunity, A lot of people will be investors in this because its 86 years old and still a growing business.  

Threats, The E.P.A poses a lot of threats to this company by putting more and more restrictions on what you can and cant do with the land.  

Marketing Rresearch

1.  Who is my market?

My market consists of people  looking for good used parts. (mostly starting out businesses)


2. What are my customers likes and dislikes?

My customers likes are good service and a good job well done, there dislikes are bad service bad parts and over charging for what they need.



3. Where are my customers?

My customers can be throughout the USA and canada.


4. When should I start my business?

My business can be started at almost whatever time i want there is a big demand for what my business is going to do.



5.  How should I price my product / service ?

Well for the labor part of my business i will go by the state and charge what they say is fair, for the parts part of my business i will use the books and internet to help keep my business and profitable and a fair place.




6. How am I different from my competition ?

Im different from my competition do to i have been doing these things from a young age and i have degrees in this field, my family has done this for years and i will keep it going.

elevator speech

Hi my name is daniel and my proposal for a company is Buying, Repairing then selling used eq. this is targeted at starting out construction,logging corporations the need met though my service is helping out starting companies, and it better on the earth because i will be using old eq. not just making new.the advantage i have is that i have degrees also i have been doing these things from a young age.        

Job Description

Heavy machine operator- This job takes a lot of hands on skills and a good amount of training, you mite have to get your CDL to drive the trucks so you can hall your own machine from

Possibile Career Fields

1. welder
2. heavy machine operator 
3. construction worker 
4. logger 
5. mill operator 
6. off road log truck driver 
7. diesel mechanic