Business Plan - Assignment 1
Lynn Kamiko 792 Huntingwalk Court Darlington Heights, BC V7D 1P2 (604) 555-1211 Jean Hillings Royal Bank 125 Main Street Vancouver, British Columbia V9F 3O8 Dear Ms. Hillings: Kamiko Fine Foods Inc. was formed in Vancouver, British Columbia as a start-up wholesaling company specializing in importing high-quality Japanese foods and repackaging them for sale in North America. The business was established to offer authentic Japanese food to specialty food retailers who are anxious to capitalize on the growing Asian population in the Vancouver area as well as to an ever-increasing market of urban professionals who enjoy eating more adventurous specialty ethnic foods. As president and sole owner of Kamiko Fine Foods Inc., I bring ten years experience working in my family’s business in Japan to the company. I have forged long-term business relationships with three major Japanese food exporters, all of whom guarantee Kamiko Fine Foods Inc. excellent prices. I financed our start-up period with $38,000 in personal savings. We ended our first year with $300,000 in gross sales. I am now seeking an operating line of $60,000 to finance our growth and expect to have revenues of $450,000 in our second year. Sincerely,
Lynn Kamiko President Kamiko Fine Foods Inc.
Business Plan
Lynn Kamiko 792 Huntingwald Court Darlington Heights, British Columbia V7D 1P2 lynn@abc.com
Table of Contents
EXECUTIVE SUMMARY ....................................................................................................................................... 3 THE TEAM.......................................................................................................................................................... 5 MANAGEMENT TEAM PROFILES & OWNERSHIP STRUCTURE ................................................................................ 5 ADVISORS
Lynn Kamiko President Kamiko Fine Foods Inc.
Business Plan
Lynn Kamiko 792 Huntingwald Court Darlington Heights, British Columbia V7D 1P2 lynn@abc.com
Table of Contents
EXECUTIVE SUMMARY ....................................................................................................................................... 3 THE TEAM.......................................................................................................................................................... 5 MANAGEMENT TEAM PROFILES & OWNERSHIP STRUCTURE ................................................................................ 5 ADVISORS