Business Computer Information Systems I-A – Unit 3: Word Processing Project: Creating a Business Report During this project, you will prepare a short business report. You will accomplish the following during this section of the project: Objectives Create a title page. Type a summary, an introduction, and part of the main body. Create a graph and a table. Write the conclusions and recommendations. Directions For this project, you'll be given information to create a business report using word processing software. Suppose you want to open a car wash and you need to create a business plan to send to potential investors. Part 1: This title section will have only one page. Give your car wash a name and create a title page for the report. Part 2: Type this summary, introduction, and main body given in the text below. Fill in the blanks as you type. A business plan for this company would probably be about seven to ten pages but for this project, you'll type about one page. Summary [Name of car wash] is a prominent hand car wash serving [location]. [Name of car wash] will be run by [your name], of the prominent [your family name] family. The [your family name] family has been serving the [location] area with a car repair business for more than thirty years. [Your first name] will be leveraging the incredible good will and brand recognition of the [your family name] family name to quickly gain customers. Business Introduction [Name of car wash] will be providing customers with three services: exterior car washing, interior cleaning, and detailing. [Name of car wash] has no true competitors that are trying to offer a high quality service for a reasonable rate. All car washes in the area only offer automatic exterior car washes. [Name of car wash] will provide a higher quality service because car washes will be done by hand and will include an interior cleaning. Employees Hiring the best employees is cost-effective because it decreases HR costs associated with turnover and other employee costs. Hiring the best employees and making sure that they are well taken care of ensures that they in turn take care of the customers. Study after study proves that a happy employee is far more likely to provide the highest level of customer service. The Customers [Name of car wash] will target three main groups of customers: individual car owner and leasers, car dealerships, and local businesses. The surrounding area is quite affluent, 40% of the residents earn more than $70,000 a year. Consequently, they have nice cars and want them to look nice. There are five different car dealerships within a three-mile radius that will require car washing services for the various fleets. Finally, there are many different local businesses that have company cars that require clean appearances. Projected Sales [Name of car wash] is positioning itself as the premier hand car wash serving the [location] area. [Your first name] has forecasted a 20% market share. The business will generate a 95% gross margin and an 11% net margin after year one and 20.79% after year three. By year three, the business will have developed a yearly net profit of $48,000. Part 3: Create a graph that represents the projected sales data below. Make sure you label the graph and add a caption. In 2009, the net profit will be $11,000. In 2010, the net profit will be $24,000. In 2011, the net profit will be $48,000. Part 4: Create a table to organize the start-up expenses. Start-up Expenses Legal—$500 Insurance—$200 Rent—$1,200 Equipment—$4,100 Signs—$700 Building Materials—$1,200 Building Labor—$1,000 Total—$8,900 Part 5: Write the conclusions and recommendations. Part 6: Run the spell check, proofread, and correct errors. Save and print.