Hemisphere Grocers: Business Analysis

A business plan is written for different specific purposes according to the needs and requirements of the particular business. There are several key success factors for a successful business plan. Firstly, putting my audience first will make my business plan successful. In this case the audience is the lenders, customers, and employees. The business plan will thus focus on each of the groups and it will give more information on Hemisphere Grocers and what we aspire to do. Secondly, it is keeping the business plan short and to the point. Most of the audiences of a business plan are time constrained and especially venture capital. I, therefore, find it important to keep this business plan short and precise so that anyone reading it will
It is, therefore, important to get things correct the first time. We at Hemisphere Grocers after considering different factors and scenarios as it regards the financing of the project, settled on getting finances from venture capitalist. Venture capitalists provide funding to small and emerging companies which show high growth capability, or which have shown impressive growth rate on the basis of number of employees, yearly income or both (Hansen, 2008). The initial source of funds for Hemisphere Grocery Project will be obtained from Gust, a venture capitalist based in the U.S., in exchange for a 25% ownership stake in our company for a period of 6 years. Gust’s stake will reduce as Hemisphere continues to build assets that can be used as collateral. Table 1 below shows estimated capital expenditure costs for development and implementation of the whole project including equipment acquisition, property leasing among others. It also portrays the operating expenses for operations, upgrades, and maintenance of the online system for the period under review. If the need arises to open other sites during the six-year period, then the budget projections will be prepared on the basis of that