TechSavvy Solutions: Computer Fix Company Business Plan

1. Welcome To the start of our Company

2. Computer Fixes Partners: Michael Woolfe Tremain Tillman Jeff Case Jofree Rodriguez

3. Topics • Executive Summary • Company Background • Management Team • Financial Plan • Capital Required • Marketing Plan • Location Analysis • Manufacturing Plan • Appendix

4. Executive Summary • Contains • Objectives – Business Plan • Objectives – Computer Fixes • Long and Short Term Goals • Mission Statement • Mission

5. ObjectivesBusiness Plan • Provide a reference to start and guide this computer repair store • A continual guide for the creators, managers, and trusted employees • This plan is not intend for obtaining outside financial sources. • Monthly reevaluations of the present standings of the company in relation to: • Financial standing • Customer satisfaction • Networking • Community effect • Product quality

6. Objectives Computer Fixes • Provide profit for all stakeholders • Financial resources will be allotted to provide for future growth and maintain resources for obtaining the companies objectives. • Maintain a steady amount of growth not only in quantity but also in quality • Growth should be a challenging yet manageable goal • Community outreach • Community Service • Quarterly donations

7. Long and Short Term Goals • Our short-term goal is getting Computer Fixes up and running in the shortest time possible with creating little debt. • We desire to grow into a respected computer store, establish a retainer of customers, and provide excellent working conditions and motivation.

8. Mission Statement • Our purpose is providing fast, reliable technical assistance to our customers, taking time and pride in all business obtained, and getting the repair done right, the first time.

9. Mission • Apply mission statement • Wide array of repeat customers • We desire to be respected for our expertise and knowledgeable advice Slogan • “To boldly fix what no man has fixed before”

10. Company Background • Company operations • Opportunity • Risk • Insurance coverage • property, liability, and workers compensation

11. Balance sheet Assets 1.Current assets Cash $ 22,000 Accounts Receivable 150,000 Notes receivable 35,000 Inventory 355,000 Total current assets $562,000 2.Fixed assets Land $ 30,000 Building and improvements 175,000 Equipment 100,000 Furniture and fixtures 20,000 Total fixed assets $325,000 3.Intangible assets Goodwill $ 15,000 Total intangible assets $15,000 Total assets 902,000

12. Liabilities and Stockholders’ Equity • Liabilities • 1.Current liabilities • Accounts payable $ 50,000 • Notes payable 9,000 • Accrued taxes 175,000 • Accrued salaries 95,000 • Total current liabilities $ 329,000 • 2.Long-term liabilities • Notes payable $ 55,000 • Bonds payable 275,000 • Total long-term liabilities $ 330,000 • Total liabilities659,000 • 3.Stockholders’ equity • Common Stock (1,000,000 shares) $ 100,000 • Retained earnings 143,000 • Total stockholders’ equity $ 243,000 • Total liabilities & stockholder’s equity$ 902,000

13. Income Statement • 1.Revenues • Gross sales $ 830,000 • Less: Sales returns and allowances $ 9,000 • Sales discounts 3,000 -12,000 • Net sale $ 818,000 • 2.Cost of goods sold • Beginning inventory $ 200,000 • Merchandise purchases $ 300,000 • Freight 55,000 • Net purchases $355,000 • Cost of good available for sale $ 555,000 • Less ending inventory - 150,000 • Cost of goods sold -405,000 • 3. Gross profit $ 310,000

14.  Income Statement cont.. • 4.Operating Expenses • Selling expenses • Salaries for salespeople $ 95,000 • Advertising 15,000 • Supplies 4,000 • Total selling expenses 114,000 • General expenses • Office salaries $ 72,000 • Depreciation 2,000 • Insurance 7,000 • Rent 25,000 • Light, heat, and power 12,000 • Miscellaneous 5,000 • $123,000 • Total operating expenses 237,000 • Net income before taxes $ 88,000 • Less: Income tax expense 22,000 • 5. Net income after taxes $66,000

15. Management Team • Our management team consists of 2 technicians, 1 Customer Relations Manger, 1 Marketing Manager, and 1 Accountant. Technician • Will fix and/or upgrade computers . Customer Relation Manager • Answers customer phone calls concerning problems with service. • Handle customer refunds • Give customers the discount or special services that are approve by the company. Marketing Manager • Take care of all publicity for the company by making flyers, having commercials run, sending emails, etc. Accountant • Take care of all accounts payables (all bills and invoices made to the company). • Make accounts payables and expenses checks to all employees

16. Capital Required • Capital needed is $225,000 • $56,250 per partner • Capital comes from each partner

17. Spending of funds • Start up costs • Rent • Equipment • Utilities, etc…

18. Marketing Plan We provide service to those who have a pc and aren’t happy with the performance. If they brought their pc to us we could upgrade it the computers. The consumer would save money and time. And be happy with their computer. People want to go on the Internet faster. They want software and hardware that show better video quality. Add more memory to enhance performance to the computer. Our technicians examine their computer. We could tell you what possibly upgrades could be made to make the computers work better. We get the software and the hardware. We install it. And give you a warranty depending on the upgrade. Strengths: Consumers save money and time upgrading their computers through us. Weakness: Even if their computer can be upgraded. It only be upgraded to a certain extent with out exceeded the cost of the new one.

19. Location Analysis • Northeastern section of the intersection of John Young Parkway and Americana • In a strip mall • McDonald’s • 7-11 • Publix • Radio Shack

20. Ease of Access • Three entrances for access • Free parking

21. Demographic Analysis • General area income • Middle to upper class • Exposure • John Young and Americana trafic • Local stores • Local residences

22. Manufacturing Plan This company is based upon service offered to our customers. A manufacturing plan is moot.

23. Appendix Bplans.com: Business and Marketing Plans – Free Samplesand Interactive Tools. (2001). Retrieved September 23, 2001 from http://www.bplans.com/c/sp/d/?s=498 Nickles, W. G., & McHugh, J. M., & McHugh, S. M. (1999). Understanding Business (5th ed.). Boston: Irwin McGraw-Hill.