Inspirational Grounds will provide a relaxing, Christian-focused, neighborhood-centered place with freshly roasted coffee, specialty drinks, good books, and music. This is why Inspirational Gardens is the solution to an ever-growing demand. Our target market needs:
- South Central Minneapolis Neighborhood Businesses
- A great coffee at an affordable price
- A place where you can socialize with other people with similar interests
Inspirational Grounds’ goal is to provide the community with a social, entertaining atmosphere where Christian neighbors can meet each other in a neutral, non-denominational setting.
Inspirational Grounds is an S-corporation. This protects the owner from double taxation and personal liability.
This proposal has been prepared for financing in the amount $80,000. Additional financing is needed to purchase equipment and prepare the site. The business owner will invest $15,000 from her own pocket.
Inspirational Grounds is able to successfully open its doors and continue operations thanks to this financing. Inspirational Grounds will provide high-quality products and an inviting environment to its customers through a large initial capital investment. For customers to be able to socialize, they need a unique, modern and innovative environment. Successful operation in year one will provide Inspirational Grounds with a customer base that will allow it to be self sufficient in year two.
Even with our conservative sales forecasts we can maintain a positive cashflow in all months, repay the loans in 12 years and have a positive net worth of more than $27,000 by year three. Over the next three year, we expect our net profit to rise from $12,000 and above $14,000.
1.1 Objectives
For the first three year of operation, Inspirational Grounds’#8217′ objectives include:
- Inspirational Grounds creates a unique, innovative and sophisticated spiritual environment that sets it apart from other local coffee shops.
- Inspirational Grounds strives to be a place where you can find high quality coffee in a relaxed atmosphere.
- The creation of an environment where people from diverse backgrounds can come together and share their interests in a common forum.
- To be an active member of the community and provide continuous re-investment via participation in community activities as well as financial contributions.
- We are known for providing outstanding specialty beverages, bakery products and inspirational books.
1.2 Keys to Success
The key to Inspirational Grounds’ success are:
- Inspirational Grounds’ unique, innovative, and luxurious atmosphere will set it apart from other coffee shops around the region.
- Fresh Coffee roasted on-site daily will give customers a unique experience as well as excellent product.
- The highest quality products and beverages are sold.
- The creation of an environment that won’t intimidate the spiritual seeker. Inspirational Grounds will position itself as an educational resource for individuals wishing to learn about the benefits of growing spiritually.
- Inspirational Grounds was established as a community hub for entertainment and socialization.
- Encourage love for others and serve the Lord.
1.3 Mission
A neighborhood shop that sells excellent coffee beans and non-denominational Christian books, and tapes is an attractive alternative to or addition to the church. Inspirational Grounds is a specialty coffee shop that specializes in coffee/espresso drinks, and provides information to help customers improve their spiritual experience. We understand that coffee drinkers who are looking to grow spiritually need a destination.
Our mission is to provide a place for Christian coffee drinkers looking for a non-secular environment within the Twin Cities. Inspirational Grounds welcomes all ages to its unique, innovative, educational, motivational, and elegant environment.
We believe it’s important to be involved in the community and make an impact on our customers’ lives beyond the sale of specialty drinks.