(Bar, Pool, Lounge, karaoke, Café and restaurant) All-in-one place ‘We are one-stop-entertainment’ 395 57th street 5th avenue New York, 10001 212-114-2005 “This is one place where you can stuff yourself and afterward, still feel frisky” Owned by: Marshella (director and executive organizer) STATEMENT OF PURPOSE This business I am about to start will be purely sole proprietorship. I am the only one who is asking the bank for loan. I need approximately $ 10.000.000 to operate my business. The actual money that I am asking for is to purchase the equipments, supplies, utilities that are related to my business. Furthermore, the funds will be used to pay the employees. The funds will benefit for opening employments, helping create the business system, and supporting the business to be running smoothly. This loan makes good business sense because I have observed some organizations that succeed because of investment. They should be no doubt to fail. My experience tells me that when I have been working for companies, they do the same way as I am going to do. So, I will follow the same methods to achieve the successful business in the future. The funds that I loan will be repaid by installment every month. TABLE OF CONTENTS *Description of business: Orange Julius is the new excitement place which is located in downtown Manhattan which also means in the heart of city where people passing by every time. This lounge is open 24 hours 7 days to entertain young and old who need enjoyable spot. The customers will be spoiled by a lot of good services unlike any other places have ever created. Some of services we provide are pool with 9-feet and 7-feet tables, 24 VIP and 22 president suite family karaoke rooms, convenient bar that serves all sorts of alcoholic drinks. Orange Julius café is dedicated to supporting the essential earthly concepts of organic food production, small farms, sustainable agriculture, recycling and composting. We cook with fresh produce delivered every day, and choose organic whenever possible. We believe that a gourmet dining experience can be created out of vegetarian healthy and environmentally friendly food. We are proud that our café is completely free of genetically modified food. One of the great things about Orange Julius café and restaurant is that the menu is constantly based upon seasonality of produce and chef Juli with world cuisines. If you’re a regular, you know that there are a few standards that chef Juli tends to rotate through the menu, but for the most part, you will be delighted to see all kinds of new dishes each time you come visit our lounge. The business will be profitable because people need more enjoyable spot to refresh and release their minds after they are working for hours. They will try something new in the center of the city. People will taste new environment and new awesome place with a lot of satisfactions in affordable prices. We will be open by the first week of January 2007. *Product and services: We provide pool with 30 tables that make our guests more convenient. Also, we have a various kinds of local and international food such as our primary favorite dishes which are Japanese sushi roll dragon house, Miso served with ginger ale flavor, orange tempura served with fried shark fin and many more that you can enjoy with soft piano and live music every night. Our room is decorated elegantly to make you feel like home. We serve all kinds of alcoholic beverages (Tequila, Vodka, Martini, Martel, and Jack Daniel served with cocktail). Moreover, for complete our services, we also have family karaoke rooms which available in the 3rd floor (24 VIP and 22 president suites rooms) embellished by various kind of studio’s background each room (classic, vintage, black and white, sunshine, beach, mountain, etc) depending upon customers’ choices (the prices are different) MARSHE vineyards winemaker dinner (every Saturday) serves good quality of wine in a great price. Cake gallery: surprise someone special with a custom cake made by Chef Juli from Orange Julius at your special unforgettable event. Orange Julius’ talented pastry Chef, Julius Kwan, creates beautiful and delicious cakes for every occasion. Weddings, birthdays and celebration dinners will be enhanced by his made-to-order cakes, which can be enjoyed in our café or off-site at your events. The service which is raising stars is our food that we specially serve because we create them mostly by our secret recipes that others might have not known. *The market: Target market: every young and old people are welcomed to our place (no limitation of ages). Our market is still growing because this is a brand new that we still need more support and trust from the guests. Our market is also large enough to be expanded for other goods and services that we are still planning to be sold. We will attract and increase our market by advertised our place on the radio, television, mass media, newspapers, magazines, subways and trains. We will post some street banners strategically. The prices of our services are based upon what the highest demands are. *Competition: We are looking for the place that rarely people who have same businesses as us are placed. So, we don’t have any direct competitors nearby. However, the indirect competitors that are located nearest are some Japanese restaurants and bars. On the other hand, they just sell one specific service unlike our place that includes everything in one building. I have learned from their operations about the advertising they made. I took some method they used like posting some ads on the internet, giving some discounts when they just open the business on the first month. They quite succeed for getting some advantages by running their methods. So, that is why I was learning for. *Location of business: We are located at downtown Manhattan that will be unreachable by any transportation. It is a desirable area because it is placed near offices, companies, residential that people look for some entertainment to release their boredom and exhaustion when they have no choice to go. We need some large-space land with at least 4 floors building to fit our services, and commodious parking spots which available for large numbers of vehicles. *Management: The background business I have ever experienced helps me create my new business on my own. I have been working for companies that run their business as I do in the other states. I think that opening the similar one will benefit my community in the neighborhood when people expect to get new atmosphere in the crowded city like New York. I admit that I still have weaknesses in running my efforts but I will compensate it by giving full of attention to my services to the public and satisfy society’s needs. My related work experience to this business is when I worked as a waitress in one of Japanese restaurant in China Town. The management team that I have already formed is 5 bartenders, 2 sushi chefs, 20 waiters, 15 waitresses, 10 public relations (5 males aged between 20-30 with minimum 1-year-experience, have min. associate degree, skillful; 5 females aged between 19-32 with minimum 6-months-experience, good looking, proportional and decorous), 3 hostess, 3 cashiers, 2 phone girls, 6 cooks, 2 DJs, 5 cleaning services. Besides the workers, I have organized the manager, controller and assistant managers who can be reliable. Although all workers have their strength and weaknesses in their areas, they will be trained personally before doing their duties so that they will be proficient enough to give the best services. They will be given job descriptions before starting working for the entire years and the duties have to be clearly defined so that workers are not going to be messed up by others’ jobs. *Personnel: The current personnel’s necessities are equipments and tools to support their works. We need to purchase some computers to enter the data for earning and expense. The employees that I am hired need to have some skills and experiences at least 1 year in their paths. I have planned to extend some goods and services in the near future. The employees are required to have high responsibility in their position that can be someone whom others can rely on. My plans for hiring and training personnel are I need to look at some resumes that are coming into my office prior to interview them. After I read them carefully, I will choose some people who fulfill the requirements and have good personality to be my partner of this business for years and so on. They will be trained for first one month with some expert trainers to introduce them what kind of job they should work on, how they will behave themselves flexibility towards the customers and how fast they should move. *Application and expected effect of loan (investment): The loan from the bank that I borrow is to help run and enhance my business’ reputation and its system more efficient and succeed. Also, this will help me get rid of short of cash. Those funds will be profitable because with this large sum of money, I will be able to arrange the lease of the building, afford some utilities necessary, pay the maintenance and electricity and pay the employees. I need this money for some period of time to get the assets for my new business. Nevertheless, I will repay my loan by installment every month.