IDP 4 Business Plan - Business Plan IDP 5 Business Plan...

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Business Plan IDP 5 Business Plan Steven Hamilton Colorado Technical University Online MGMT235-1404B-04 Professor Roger Pao December 22, 2014 1
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Business Plan My business plan is to open up a repair shop for Harley Davidson motorcycles. The repair shop will have 2 certified Harley Davidson motorcycle repair people on site at all times. I will do so by contracting out a partnership with the local Harley Davidson dealership and hiring 2 certified Harley Davidson Motorcycle repair technicians. I will take the overflow of repairs that Harley Davidson has for warrantee and custom repairs onsite so repairs are completed quickly. I will be working on certified repairs, oil changes, and custom motorcycle work that will be sent to my repair shop by the dealership. My partnership will allow me to use the Harley Davidson name and the Harley Davidson dealership will accept the liability of my work in compliance with the dealerships contracts with customers. The dealership will stock all parts needed for the repairs in their store room or order them in a timely manner, this will allow me to use quality parts directly from the dealership. By using the Harley Davidson dealership as a front for my repair shop will assure me regular and repeats business. I am currently going to school to achieve my Bachelors in Business and administration with a concentration in Accounting at Colorado Technical University. This degree will give me the training needed to run my business according to laws set by the state of Texas and ethical values set by myself. I will have the knowledge, with the completion of my studies, with the accounting concentrate to balance my books correctly and within state and federal laws. With this degree I will have a clear understanding of employee rights and how to protect my company and employees. Having this knowledge will help protect me and my employees from law suits and malice acts. My location will be on the leased property beside the Harley dealership. I will have to build a facility suited for the dealerships standards and that will accommodate the room needed for repair work. I will be conveniently located beside the dealership with an entrance way connected to the dealership. Harleys are mostly custom so a understanding of care must me assumed between my repair shop and the Harley dealership. Custom repairs will be easy (in and out) because I will be at the dealership with easy access. All repairs needed by the dealership will come to my repair shop with the guarantees of repairs by certified Harley mechanics. 2
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Business Plan I will finance my business by obtaining a loan from a bank; the loan will be a short term loan so profits will be paid to the business rather than in interest to the loan. The loan will include startup cost for tools and equipment. The loan will also include 6 months’ rent for the property and building supplies to start building the structure needed. The repair shop will have to be big enough for motorcycles waiting on parts can be parks. An estimate of all cost will have to be included on loan propose that I will submit to
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