Presentation on theme: "R& M Visions Business Plan Updated: 03 FEB 08. Mission Statement “The long term mission of R&M Visions is to provide continual wealth for the Linsley."— Presentation transcript:
R& M Visions Business Plan Updated: 03 FEB 08
Mission Statement “The long term mission of R&M Visions is to provide continual wealth for the Linsley Family. We will pursue any and all business ventures to achieve this goal. As such this is an experimental laboratory for the pursuit of business skills which will serve to provide our children and their children with the knowledge required to be successful in the business environment of today.” – Richard E. Linsley III, CEO R&M Visions
Business Concept The R&M Visions business concept revolves around the duplication of exponential growth. The business model is broken down into 28 business goals ranging from one cent to 1.34 million dollars. After meeting goal 28, the Business team will convene to decide to continue or fold the business. To meet these business goals, R&M Visions will apply their knowledge and skills into the following areas of expertise: Public Speaking/Book Sales, Computer Repair, Fundraising, Real Estate (Home Repair), Real Estate (Procurement and Sales), Real Estate (Rental), Internet Sales, Stocks Investments, Banking.
The Business Team Business Founder:Business Founder: Richard E. Linsley, III CEO:CEO: Richard E. Linsley, III – 13 years Leadership Experience CFO:CFO: Michelle L. Linsley – 18 years Finance Experience Minor Partners:Minor Partners: –Michael S. Linsley – 0 Years (non-active) –Jade M. Linsley – 0 Years (non-active) –Christina N. Linsley – 0 Years (non-active) The Business Team, over the past two years, has met 16 out of the 28 business goals and is in line to meet the first of the remaining twelve this year.
Competition Under our business plan, our competitors are any locally entrenched business that has a better local infrastructure than we do. As a military family, we have no local roots with which to leverage for competitive prices. As a military family our best advantage is the use of the local military network. As such we can keep our employee overhead low and provide competitive prices while maintaining a minimum profit margin.
Financial Plan The R&M Visions Financial Plan is developed upon exponential growth. Each goal met sets a doubled goal amount. To meet these goals, when we purchase retail products, the products will be bought at 10-45% their retail cost and then priced to be competitive in the market.
Goals and Objectives Within the next five years, with moderate involvement, R&M Visions will meet all of the goals we have set (accumulating 1.34 Million dollars.) Goals to complete within 5 years: Goal 17 - $655.36Goal 23 - $41, Goal 18 - $1,310.72Goal 24 - $83, Goal 19 - $2,621.44Goal 25 - $167, Goal 20 - $5,242.88Goal 26 - $335, Goal 21 - $10,485.76Goal 27 - $671, Goal 22 - $20,971.52Goal 28 - $1,342,177.82
Resource Requirements –Personnel –Personnel – Our team will need legal advice (Lawyer, CPA, Tax Attorneys), real estate mentoring, contractual services. –Technology –Technology – Technology is procured as necessary. The Business Team already has the technology requisite to meet immediate needs. The Business Team will need yearly installments of TurboTax software to file taxes. –Distribution –Distribution – Distribution models have not been established. –Promotion –Promotion – Promotional materials are designed by the CEO/CFO.
Risks and Rewards The risks involved in this business model are great. If any single project fails during the early goals, then we will be set back several goal levels. Each project completed will provide the reward of successfully attaining the next business goal. By spreading our projects out we will not suffer great losses like this when our infrastructure develops.
Key Issues Near term –Sales performed at local BX/PX/NEX exchanges require 25% of the price to be given to the exchange. This requires an inflation of the competitive price to be able to make minimum profit margin. –Minor partners are not yet trained to perform duties according to the business plan. This is the most important problem that must be fixed within the near term. Long term –Remaining within the military network while providing these services will become gradually more difficult. Other partners will need to learn the business and perform their duties according to the business plan.