N/A | Application Preview
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General Information
Business Registration Number: N/A
Location: Bozeman, MT, United States
Length of Operation: 0
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
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Funding Usage
1. Batons- $30.00x20=$600.00 2. Baton Practice End Caps- $4.00x20=$80.00 3. Toddler Batons- $13.00x5=$65.00 4. Baton Cases- $20.00x10=$200.00 5. Baton Tape- $6.00x5=$30.00 6. Baton Grip Tape- $8.00x9=$72.00 7. Star Lite Batons- $36.00x10=$360.00 8. Star Lite Cartridges- $5.00x10=$50.00 9. Company Shirt Merchandise- $10.70x28=$299.60 10 Rent (per month)- $2,000.00x6=$12,000.00 11. Utilities (per month)- $150.00x6=$900.00 12. Internet & Phone (per month)- $70.00x6=$420.00 13. Office Computer & protection plan- $1,300.00x1=$1,300.00 14. Office Printer- $280.00x1=$280.00 15. Bathroom & Cleaning Supplies- $150.00x1=$150.00 16. Other office supplies (folders, paper, pens, etc.)- $100.00x1=$100.00 17. Main Office Furniture (Desk chair, lounge chairs, side tables, rug, etc.)- $2,200.00x1=$2,200.00 18. Stretch Floor mat- $240.00x1=$240.00 19. Wall Mirrors- $2,300.00x1=$2,300.00 20. Company Outdoor Vinyl Banner- $70.00x1=$70.00 21. Advertisement- $300.00x1=$300.00 22. Legal Zoom Reimbursment- $600.00x1=$600.00 23. Volunteer Bonus- $700.00x1=$700.00 Total for these costs is $22,716.60, but I am asking for $25,000 in case of unexpected fees/supplies.
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Business Plan
With help from my marketer and other volunteers, the business will receive a lot of advertisements to gain participants. Advertisements would be on many platforms such as social media, craigslist, newspapers, flyers, and banners hung at different businesses. After gaining participants in the first year, the business will conduct a fundraiser to add additional funds for other class options. I'd like to be able to add classes for parade routines by year 4. This would bring in more revenue and potentially more participants. I'd also host an annual Baton Twirling Camp that would be advertised heavily to gain more participants each year. I'll register participants for inner-state and national competitions after the first year. My business, Andi's Baton Company would be the only baton company in Bozeman, MT, as well as the second baton twirling company in the state of Montana. There is little competition in the city of Bozeman against a baton twirling company. The only competitors are dance companies, but they provide a slightly different service. My business is expecting to make a profit in the first year, even with the minimum amount of participants expected to join. I, myself, have been involved in a baton twirling company as a participant and a coach. I have an understanding of the way the other Montana-based baton twirling company worked, and I believe I can work my business in a much more professional way including requiring all coaches to be certified and be trained on how to coach effectively. Andi's Baton Company would provide a safe, healthy, and welcoming environment for youth to participate in an extracurricular activity. Baton twirling benefits youth because of the team building, fine & motor skill development, and communication skill improvement. The business would be completely drug-and-alcohol free on the premises. All volunteers would maintain a friendly environment in the building. Overall, there is a lot of dedication to the business needs of liability, friendly environment, safety, making accommodations, and much more.
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Self Identified Competition
As there is no Baton Company in Bozeman currently, the only same-service competitor would be The Sparkettes of Montana baton twirling established in Great Falls, MT. This baton twirling company participates in one competition per year (located in Billings, MT) and multiple parades throughout the state during the summer season. Their prices range only half of the prices I'm expecting participants to pay, but they are non-profit. Specifically, in Bozeman, the competitors are fixed on dance companies like Bozeman Dance Academy and Tanya's Dance Co. because they are the highest rated dance companies in Bozeman. BDA only works on recitals and a performance at the Sweet Pea Festival in Bozeman. Their Prices are very similar to the prices I'm expecting participants to pay. Tanya's Dance Co. provides recitals, a summer camp, and a workshop. They do not display their prices on their website, but from the payment policy descriptions, it seems to range higher than the prices I'm expecting participants to pay. Andi's Baton Company will be the only Baton Twirling Lessons business established in Bozeman, MT. There are no major competitors in Bozeman that directly align to the same service. Baton twirling is a sport that is not offered in many places throughout the United States, especially in the western states. Providing a rare and fun extracurricular activity in Bozeman will guarantee a high interest in the business. My business will be dedicated to maintaining extreme professionalism.
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Contact Applicant
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