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Business Plan Proposal Template

This document contains a business proposal for Sydney Video Rentals. The proposal aims to help the company achieve expected growth and improve customer service. It identifies problems like slow growth, high expenses, and poor customer support. Solutions proposed include using technology to track inventory and payments, providing tiered customer support, incentives for employees, and automating overdue notices. The estimated budget is $100,000 and timeline shows phased implementation over 7 months. The proposal expects to add 2,000 new members in the first year, generating an additional $170,000 in weekly revenue. Key deliverables include a project plan, system development and installation, and marketing.

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Ajay Yadav
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48 views9 pages

Business Plan Proposal Template

This document contains a business proposal for Sydney Video Rentals. The proposal aims to help the company achieve expected growth and improve customer service. It identifies problems like slow growth, high expenses, and poor customer support. Solutions proposed include using technology to track inventory and payments, providing tiered customer support, incentives for employees, and automating overdue notices. The estimated budget is $100,000 and timeline shows phased implementation over 7 months. The proposal expects to add 2,000 new members in the first year, generating an additional $170,000 in weekly revenue. Key deliverables include a project plan, system development and installation, and marketing.

Uploaded by

Ajay Yadav
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 9

COMPANY name: sydney video rentals

KEY CONTACT:
Sumesh Raja Kalesan

Shop No 18 Ph. 0421587008 Sumeshraj808@gmail.com


Pitt Street, Sydney CBD F. [Fax] www.sydvrental.com
BUSINESS PROPOSAL FOR SYDNEY VIDEO
RENTALS
TABLE OF CONTENTS
Business Plan Proposal..........................................................................................................................................3
INTRODUCTION................................................................................................................................................................................................. 3
ABOUT THE PROPOSAL.................................................................................................................................................................................. 3
PROPOSAL SUMMARY..................................................................................................................................................................................... 3
BUSINESS DESCRIPTION................................................................................................................................................................................ 3
VISION.................................................................................................................................................................................................................... 3
PROBLEM STATEMENT.................................................................................................................................................................................. 3
PROPOSED SOLUTIONS.................................................................................................................................................................................. 4
ESTIMATED PRICING....................................................................................................................................................................................... 5
ESTIMATED TIME:............................................................................................................................................................................................ 5
ESTIMATED GROWTH FIRST YEAR........................................................................................................................................................... 5
KEY DELIVERABLES......................................................................................................................................................................................... 5
Monitor, Adjust and implement procedures........................................................................................................................................... 6
TERMS OF AGREEMENT:................................................................................................................................................................................ 6
SIGN OFF: (you can use your own template).......................................................................................................................................... 6
REFERENCES....................................................................................................................................................................................................... 7
BUSINESS PLAN PROPOSAL

INTRODUCTION
Sydney Video Rentals is a small scale business that has been controlling in a big country town for last five years.
The main business of this company is to rent videos to its subscribers and members. The Sydney Video Rentals
have a big bunch of members approx. 5000 and they have stock of 10000 different videos. The owner of the
company is David Lee who is also the managing director of this company and they have a staff of 6 permanent
employees and other 6 employees are counted in a casual staff.

ABOUT THE PROPOSAL

The main purpose of the proposal is to achieve the expected growth of the company and build and increase the
amount of services they provide to customers and change the way they serve the services to their members.

PROPOSAL SUMMARY

Your company will use currently available andnew technology and huge experiences on improving client relations
to facilitate the Sydney Video rental business on track. Say a bit more in details on how the new business proposal
is going to improve their current situations

BUSINESS DESCRIPTION

The Sydney video rentals will provide a better after purchase services and will give a better customer service. Will
provide a high performance environment.

VISION

To change the new Sydney Video Rental in the town as the leading and most successful video renting business with
excellent world class support service to their customers.
PROBLEM STATEMENT

One or two problem statements are sufficient but the more the merrier.

Problem Identifier Brief Statements of Problem, Opportunity

PS1 Slow business growth and the slight decline in the


business and increase competition in the business

PS2 Expenses remain same but the profit is declined by 20%

PS3 Lengthy and haptic customer support services to give the


answer queries

PS4 The staff is not motivated and dedicated towards the


work

PS5 The over dues of rental video is increasing and they are
expected to complete on a day to day target.

PS6 The amount of customers is decreasing and new


customers are not coming.

PS7 Incorrect information to the customers about the videos

PROPOSED SOLUTIONS

Problem Identifier Likely Solution

PS1 Using a framework to identify the issues and fix the


problem and create a plan for this and implement as per
the

PS2 Create a referral program to promote the product and


to enhance the profit sale. This also known as mouth
publicity marketing. It is one of the best solutions to
enhance the profit of the company.

PS3 They can provide offer tiered customer support options


in which they can create a subscription level support
service plan.
PS4 Provide an incentive plan to all the customers and give
them quarterly appraisal to get motivated.

PS5 Automatic notices to members to return videos before


due dates and to pay the remaining amount of dues.

PS6 Engage with customers through social media and


influencers and start a blog channel to post daily news
and offers for the customers.

PS7 QuickBooks to maintain the correct information and the


details information about rental videos and return of
videos.

ESTIMATED PRICING

Estimated Costs:

Plan for sales and program to increase provide $50,000


Technical experts to maintain the new software $10,000
Installation and specialist $25,000
Training for customer support services $5,000
Marketing and advertisements $10,000
Total: $100,000

ESTIMATED TIME:
This chart explains the duration to implement the process into action. The X axis is the months and Y axis defines
tools and software which are going to implement.

months

automatic reminder

ESTIMATED
quickbooks software GROWTH FIRST
months YEAR

marketing and advertisments


2, 000 new members
will be joined in the
business due to the
training program
proposed solutions
which means total
0 1 2 3 4 5 6 7 7,000 members will be
in their database
based on current 5,000 clients

The average clients return is 70%/ week.

The average deal for each client is $25/ week

For additional 3,100 new customers and considering approximately 50% of individuals will rent videos, the weekly
income will be $25x1, 500 = 37,500 per week and the return of $170, 000 for the 1 st year.

KEY DELIVERABLES

Some of the key deliverables could be:

1. A detailed project plan including timeline, and different procedures to maintain the information
2. Completion of the infrastructure design and approval from the stakeholders and owners.
3. Development and installation for the entire system of QuickBooks software and automatic reminder.
4. Marketing and adverstiments can make awareness in the town and new customers.
MONITOR, ADJUST AND IMPLEMENT PROCEDURES
The whole projects will monitor by David Lee,

The most experienced persons:

Deb Papadopoulos will implement the procedure of training and motivate other employees to join the training
program.

Dawn Schultz monitors the program marketing and advertisement plan.

Ted Sloan will promote and implement the QuickBooks software.

TERMS OF AGREEMENT:

Here you should mention the terms & conditions of the proposal such as

1. Offer validity date and offer on their weekly purchase


2. Price is escapable or not
3. Choice/Elasticity of Sydney video rentals in selecting different dealers

For further details and any clarifications, please contact:

KEY CONTACT
Mr: Sumesh Raja Kalesan
sumesh@sydvrental.com
0421587008
SIGN OFF: (YOU CAN USE YOUR OWN TEMPLATE)
Document Signatures

Name Description Signature Date

Service Owner Name By signing this document, I mm/dd/yyyy


acknowledge that I have received
all the stated deliverables at the
agreed to quality levels.

Project Manager By signing this document, I


Name acknowledge that I have
delivered all the stated
deliverables at the agreed to
quality levels.

Others (if needed) Add more rows if needed.

REFERENCES
There are no sources in the current document.

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