Block Out

Volleyball Equipment Company

“ Improves performance in every environment”

History of Block Out

It was founded in 2008 in Newark

Founders: F. Edmondson, C. Kapernick, Vukotic D. & N.

Genuine idea, to combine their athletic experience and business knowledge and develop a successful sports company

Block Out provides a variety of gear for volleyball – sneakers, knee pads, jerseys, clothes, tops, socks, accessories etc. ; as well as volleyball equipment

Customized solutions: differ in color, design, form, material, facility logo or team name Established business with long-term contracts with major volleyball events

About

Making nets, poles and following equipment, which would be specially designed so they are long lasting and easier to set it up

Automatic machine that feeds volleyballs to players and make coaches work easier and more efficient

Create special sand socks, that would be designed for both professional and amateurs beach-sports athletes which are heat resistant

Project selection ideas

Co. Project:ISO Sand Socks

for Beach Volleyball

•Analyze business environment in order to assure that the product will have high market potential

•Follow modern trends of volleyball, since beach volleyball tournaments almost doubled in last years, which brings more demand for the product

•Lower cost of development than the other potential projects

•Helps achieve Block Out’s company mission and objectives

•Bigger chance of overseas expansion

Feasibility of Iso Sand Socks

Block Out decided to fund project called – Iso Sand Socks, based on feasibility study

Our project is financed by cash flows from operating activities of the company

Iso Sand Socks project aligns our mission and objective and boost our ROI

By analyzing business environment, Iso Sand Socks prove to be the best business choice, as there is a lot of market potential for this product

Manufacturing Sand Socks is complementary to our current product range

Becoming a leader in sand socks apparel, by creating a competitive advantage over our competitors

Mission

Objectives

a. 15 % ROIb. Entering global marketc. Guarantee quality and

satisfaction

Strategiesa. Expanding globally, by introducing new products-

sand socksb. Improving on competitor’s

products c. Promotion of new product

through cooperating with high performance sport organizations

Goals

Year 1: 9% ROI, maintain image, establish product in US and on the Tour

Year 2: 10% ROI, sign contracts

with partners worldwide

Year 3: 12-15% ROI, establish product outside US

Programs

1. Product Cost Improvement Program (PCIP)

2. Product Development Program (PDP)

Scope of Project

Block Out Co is striving to expand sales to Europe in the near future, by partnering with mutual sports companies

Compete in the US market where sand socks already exist, by maximizing heat protection and avoid melting

FIVB World Tour and AVP Tour are ultimate exposure for our product

Cost Estimation and Budgeting Definitive estimates

Estimated costs: - labor costs - materials - subcontractors (industrial designer, material expertise) - equipment - travel

Top-down budgeting method

Developed budget contingency

Project Scheduling

Risk Management

Important part of the planning process

Risks will be monitored continually throughout the project

We have employed four risk management techniques

Identified the production phase for having the most opportunity for risk impact

Block Out

New project: Iso Sand Socks

Current business: Volleyball equipment and clothes