Entrepreneurial opportunity
• If a large company were to buy our product
then we would be able to make a profit as
well.
Motivations
• We created this product so that places that
use bananas in their products can have a
easier time with getting the banana peeled
and faster time serving the customer.
Location
• The business will be located on 123 Main
Street, Marietta GA.
• This location allows us to have great access to
ship using the local sea ports and the worlds
largest airport Hartsfield Jackson International
Airport.
Promotion of Company
• The company will be prompted by Walmart
along with self promotion of small sings and
asking our costumers to promote the product
if they would like.
Cost to make
• The Banana peeler cost 35 dollars to make and
would be sold at 50 dollars
• We ask for a better way to produce the
product in a cheaper manner
• Walmart has agreed to offer 8,000 dollars in
promotion of the product in return for 10% of
the profit.
Consumers
• Many places will buy and promote our
product but our major consumer will Stores
like “Smoothie King” and “Dairy Queen”
• we could get a large home store like Walmart
to help take stock in our product and sell our
banana peeler in their store.
Competition
• Our direct competitor is probably “Weston”
they currently make apple peelers and they
may be the ones who try and make a better
banana peeler than ours
• Our indirect competitors are probably
Calphalon.
Business plans
• We are asking for a raise in funds ranging from 20,000 to
40,000 in promotion and production of the product
• This raise would allow our company to double or quadruple
the amount of banana peelers made.
• After the first investment if all of the 228 banana peelers
made were sold then there would be a 2,000 interest to
Walmart and 10,700 dollars to use in the next production of
banana peelers allowing us to make 14 extra banana peelers
then last time along with the banana peelers we didn’t sell.
Business history
350
300
250
200
MADE
150
SOLD
100
50
0
Category 1
Category 2
Category 3
Category 4
Amount of profit per year.
• I the first year we sold 214 banana peelers
after we made 228 so we had a total price of
10,700 and then next month we made
another 228 using only 8,000 dollars of our
10,700 plus the 14 we dint sell
• With our 242 selling 228 of them we had
11,400 dollars made again only using 8,000 in
production having 3,400 dollars plus the 2,700
from year one to expand.
Business growth
• The business will grow about 3,000 dollars per
year
• until after two years we increase production
prices from 8,000 to 10,000 causing us to
make an extra 57 banana peelers per year.
Advice needed
• We want some advice on how to make more
of our product and get a better income
• We also would like to know how to promote
the product better
• Finally a better way to get more money to
help produce the product