Page 121 - Business Plans that Work A Guide for Small Business

112 • Business Plans that Work

Again, detailed costs
by activity help you de- Exhibit 5.4 Start-up Equipment Costs
velop accurate projections.

equipment Quantity price total
20 lb washers 6 $2,500 $15,000
35 lb washers 2 $3,500 $7,000
30 lb dryers 6 $1,500 $9,000
50 lb dryers 2 $2,250 $4,500
Air-dry dryers 2 $250 $500
Detergent dispensers 8 $200 $1,600
Water heater and softener 2 $1,500 $3,000
Plumbing and install 1 $15,000 $15,000
Total laundry equipment $55,600
Computers and networking 4 $500 $2,000
Scanners and swipers 5 $200 $1,000
Miscellaneous equipment 1 $1,000 $1,000
Video equipment 1 $1,500 $1,500
Laundry supplies 1 $1,000 $1,000
Upfront van 1 $1,000 $1,000
Upfront rent 2 $1,500 $3,000
Upfront salaries 2 $2,000 $4,000
Marketing blitz 1 $10,000 $10,000
Travel 1 $2,500 $2,500
Total office and other $27,000
Total start-up costs $82,600

A franchise has the same location and equipment needs as a company store.
We will provide a facility guideline to a franchisee so they can find and rent
suitable space. Continental-Girbau has already indicated their likely support of $1
mm in franchise-assignable financing.

5.5 Staffing plan

Excluding hourly staff, Lazybones company stores will employ eight location
managers and one call center manager. Lazybones HQ will reorganize itself
to change from managing locations to servicing franchise customers. The
Lazybones HQ staff will consist of executive managers and a single administrative
assistant until the company opens its first franchises. Additional staff will be
added as the number of franchisees increases (Exhibits 5.5 and 5.6). This will