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Christian Rodriguez1016
Mission Statement Here I offer honest reviews and make sure
you make smart purchases. I listen to my audience and deliver on what they want.
Opportunity It is a website where I put out reviews and
don’t give them scores since I feel that it’s deceptive to give something a score, a reader sees it and goes out to buy it and then end up hating it.
Type of BusinessServiceService company reviewing and
putting out new info for games
Legal StructureSole proprietorship Easier to manage that way, own
hours and get all the money.
I’m qualified to run this business because:
Have been a gamer for many years.
Know what people want in terms of content.
I love to game and that transitions to my business
Market AnalysisIndustry Name
Internet publishing broadcasting
Industry Size $34 billion
Total Population
I am planning to sell to the Bay Area, nowhere specific since it’s a website, could be around the world
Target Market
Male, family size isn’t a factor, 18-25, income should be around $5000 a year
Potential Market Size
Around 75% of my target market would enjoy my product
84,950
2560
5000
Total Population
Target Market
Potential Market Size
Demographics Ages 18-25, mostly
males, focused towards more literate people, family size can be any
Geographics They would live in the
United States, and would just have to go to the website
Psychographics People who enjoy being
updated on the world of gaming, like to read.
Buying Patterns It would be for people
who like to buy things once and then forgot about it until the next year or subscription ends.
My Business IGN GAMESPOTFactors
$10
Quality of Product/Service
Price
Location
Reputation/Brands
Unique Factors/Knowledge
Ads Ads
Dependable Good Good
Perspective of a 16 year
old
Have their own show Good
previews
San Leandro
San Francisco
US
Brand new fresh
Mostly good
Have good ratings on YouTube
Chance to win a free game, or have a chance get a package from developers Promotion.]
Website from home, operated by myself in my living room
Review website, helps people purchase smartly
Flat rate for price, might be adjusted if more people come than expected or less Price.]
Promotional ExpensePromotional Expense MonthlyAmountMonthlyAmount
MaterialsMaterial Description Cost/Total Quantity Cost per Unit
Servers for my website $5.95 for 1 $5.95
Total Material Cost per Unit $5.95
LaborLabor Cost per
HourTime (in Hours) to
Make One UnitLabor Cost per Unit
[$] [Time] [$]
Total Labor Cost per Unit [$]
COGS (per Unit) [Total Materials Cost per Unit + Total Labor Cost per Unit]
Selling Price (per Unit) $10
COGS (per Unit) $0
Other Variable Expenses (per Unit)
$5.95 per month for website hosting
Total Variable Expenses (per Unit)
$5.95
Contribution Margin (per Unit) $4.05
Description of One Unit of Sale:
One subscription to the website
Fixed ExpenseAverage Monthly
ExpenseInsurance $0
Salaries of Employees $0
Advertising $164
Interest $0
Depreciation $0
Utilities (Gas, Electric, Telephone)
$35
Rent $79
Other Fixed Expenses $
Total Average Monthly Fixed Expenses
$278
Total Hours in a Week = 168
050
100150200250
Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec
Un
its
So
ld
Total Units Sold
Monthly fixed expenses over contribution margin per unit,$129 divided by $4.05=$31.85 company will begin to make a profit after selling units. 32
A Selling Price per Unit $10
B Number of Units Sold 600
C Total Sales $6000
D Variable Expenses $5.95x600
E Contribution Margin $6000-$3570
FFixed Operating
Expenses$129x12
G Pre-Tax Profit $882
H Taxes @ 15% $882x.15
I Net Profit $749.90
Start-Up InvestmentStart-Up Expenditures
Item Where Will I Buy This? Cost
Servers Hosting website for a year
$71.40
Total Start-Up Expenditures $71.40
Cash ReservesEmergency Fund $300
Reserve for Fixed Expenses $492
$863.40Total Start-Up Investment
Source Amount Debt Equity Gift
Personal Savings $503.40
Relatives/Friends $360 $100 $0 $260
Investor $0 $0 $0
Partner(s) $0 $0 $0
Totals $863.40 $100 $0 $260
$863.40Total Start-Up Investment
Business ResponsibilityMy company will recycle and advocate on
saving the enviroment.
PhilanthropyI will donate to my local shelter to improve
conditions for animals in my community.
I need to take steps to make more money and draw more traffic to my site and get more pro gamers to back up my website
I will constantly improve the site and renovate it as much as possible.
I will use my time to talk to people and try to promote my site to my friends who are gamers.
My business could be big within my market, and may go to the mainstream if it’s good enough
Business Personal
I could study how to improve the website, and more things about gaming.
I could seek out my brother-in-law to mentor me, since he knows about business and about websites.
Sh
ort
-Ter
mL
on
g-T
erm
I plan to run until games stop coming out. If I would leave it would be if I have multiple employees and give it to them.
It would provide me the ability to write and explain things in a better light and the ability to argue.
Thank you for your consideration.