600+ words i need

The F1 Experience

First of all, before I start to read this business plan I took a look the outline which waslooksvery professional. There is an executive summary about the general idea of the business plan, it gives me a clear idea what the business plan talking about. I think it is easy to understand and make me want to read what kinds of specific plan to achieve the goal.

I really like the idea in the part II Business description. In this paragraph described what kinds of scurvies owner want to provide for consumer. Such as corporate outings and private events, leagues, Arcade area and A concession stand, etc. Owner wants the customers can enjoy even at waiting time such as the gaming area and the shops but on the other hand that also could be the part of revenue. Viewing area and television entertainment can also let customer to enjoy while they are waiting for their race session or wait for their friends and family to finish up.Not just payer can enjoyed but also other visitors. The advertising packages also my favorite strategic plan, but there is insufficient segments in the marketing plan which I will take about later in part III.

I think the parts III Marketing segment analysis are not very comprehensive. There are two points need to think about. At first choosing Indianapolis to open this racing center which is a good idea becausethere is largest population in the Indiana and there are hosts hundreds of sporting events and conventions every year. This means a lot of business chance because of the large population and most people are like sports also willing to challenge the new activities. But think of these racing activities the main targets are youth consumers, which shows in the demographic of “age of kart racing consumers” but in my opinion if there have demographic statistical table of Indianapolis that would be more supportive. Even though the population size is bigger, but if your target population is small that would be difficult to do your business.

And the other point that is in this business plan mentioned second primary market is corporate market.There is survey response by companies what kinds of activity or what purpose event are held. But I am thing if there is a date of the number of companies in the Indianapolis or nearby that would be more clear about your potential markets are. What if there are no much companies are in your target city, and then you have to think over what your targets are. I like owner to use specific number to analysis the markets share.

Part IV operations segment, in this part basically talk about how to operations the business. The location,business hours and labor supply are clear. Other suppliers are also very clear by purpose. Such as buy wholesaledistributor will provide the all snack bar items. The action performance will provide all items for retail shop.

In part V management segment is the most import factors to the success of any of business. Ithink in this paragraph clearly shows who is response for and the major issue will happened in this business, who and how to solve the issue.

In part VII milestoneschedule the time managements also very important. Even if you have the greatestidea but you do not know how to management is timely then your great idea may taken by other.

I like the part financial segment because the proposal and financial plan are very clear. I think no matter what kinds of business this is the most important part for the investor.