University Hotel Laundry: 24/7 Clean and Shine Business Plan, BPD3100

This assignment presents a comprehensive business plan for a 24/7 Clean and Shine laundry service, designed for a university hotel setting. The plan meticulously outlines key aspects of the business, including an executive summary, project charter, business case, risk analysis, and roles and responsibilities. It details financial objectives, required funding, and underlying assumptions. The financial section provides budgeted sales and expenses, a balance sheet forecast, profit and loss forecast, expected cash flow, and a break-even analysis. The plan also incorporates market analysis, identifies target customers, and includes a start-up cost analysis. Appendices contain references, financial documents, and supporting materials, such as a MS Project Plan and Kepner-Tregoe exercise. The plan emphasizes financial projections, marketing strategies, and operational considerations, providing a complete roadmap for the proposed laundry service venture.

[Business Name] Business Plan [YEAR]
The Finances
Key objectives & financial review
Financial objectives
The management of the company has formulated curtained objectives which are to be followed for the laundry business
which the management of the company intends to open. The objectives which can be identified for the business in terms of
financial aspect are listed below:
 The business intends to enhance the revenue of the business by 33.33% in the second year and thereby the revenue
which is generated by the business also increases in similar proportion.
 The business also intends to reduce the costs of the business and follow a low cost model for the operations of the
business. The objective of the business here is to enhance the profitability which can be achieved by reducing the
costs of operations and thereby also attract more customers in the busibess.
 The management of the company would also be adopting appropriate advertisement practices for promoting the
services which is offered by the business.
Finance required
The business would be requiring appropriate finances for the purpose of enhancing the operations of the business and also
meeting the initial start-up costs of the business. The business estimates that it would be requiring $ 1.533.240 for
meeting the initial expenses as well as purchasing the assets which are required for conducting the operations of the
business. The business would be utilizing more of loan capital for funding the activities of the business. In addition to this,
a proportion of the funds would also be contributed bt the owners of the business.
Assumptions
The financial tables on the subsequent pages are based on the assumptions listed below:
The estimate which are shown in the table below are done on the basis of pure assumption considering the market trend and also
application of forecasting techniques for estimating the growth in the items represented in a three year period. Budgeted Sales/Receipts-method used to determine demand from the target market
1. Survey target market
2. Quantify the market
3. Top Down Approach
Page 1

[Business Name] Business Plan [YEAR]
 Budgeted Expenses Working capital Contribution of owners External funding needed
Page 2

[Business Name] Business Plan [YEAR]
Start-up costs for [YEAR]
[Double-click the table below to enter your details or attach your own start up costing sheet at the back of this business plan.]
Page 3

[Business Name] Business Plan [YEAR]
Balance sheet forecast-DAY 1 BALANCE SHEET
[Double-click the table below to enter your details or attach your own profit & loss sheet at the back of this business plan]
Page 4

[Business Name] Business Plan [YEAR]
Profit and loss forecast
[Double-click the table below to enter your details or attach your own profit & loss sheet at the back of this business plan]
Page 5

[Business Name] Business Plan [YEAR]
Expected cash flow
[Double-click the table below to enter your details or attach your own profit & loss sheet at the back of this business plan]
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[Business Name] Business Plan [YEAR]
Break-even analysis
[Double-click the table below to enter your details or attach your own table. Refer to the Business Plan guide from
www.business.gov.au/businessplan for the calculations.]
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[Business Name] Business Plan [YEAR]
References and Appendices
At List any references you have used and make sure to use Harvard referencing. A HD
standard PID will require the accurate and appropriate usage of 8 or more references
(50% journal articles/academic texts).
[List all of your attachments here. These may include resumes, inventory list,
survey/questionnaire ,and/or financial documents.].
Minimum Attachments include-
 MS Project Plan
 Kepner-Tregoe Exercise on Scope (note this is compulsory submission for the
project outline)
 Appendix –Stakeholder Analysis
 Appendix -Detailed Forecast Budget –this includes cashflow, P& L, Balance Sheet,
and accompanied notes amd assumptions underpinning the financial accounts.
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