Venture Concepts Paper 6 8/10 See comments & rubric below. First step is the business concept that should answer questions such as: Who are the customers? Does it already exist? What is competition like? What special capabilities do you (or your team) bring to the business? Make sure that you identify your project clearly as well as the resources you will need to implement your vision. In subsequent weeks, you will further develop the business concept including budgets, etc. This could be the beginning of your new enterprise! Follow the comments I have made concerning the organization of the paper itself. Venture Concepts Paper Student Name 10/20/2014 FIN/375 University of Phoenix Business Concept A conceptual small business startup venture that I would like to establish, develop and operate for this individual assignment is a total facility service firm . For starting a company, a good business name, registering that name and getting a tax ID number. Some tangible things required are uniforms, security equipment, cleaning supplies, a place to store the equipment, cash flow capital, business proposal and potential clients. Prior to some of the raw materials, proper licensing, business registration, insurance and bonding is necessary when establishing a new facility company. The equipment we needed for the restaurant will be a scullery sink, hand sink, ice machine, convection oven, and prep table. Additionally, we need a freezer and a refrigerator . Resources The number of employees I would like to start with will be about 20 workers. Employees are vital components of providing a professional, quality cleaning service ; My Company will provide adequate pay, additional employee benefits, and extensive application processes to extract the highest quality of customer service from all employees. The barriers to entry in the cleaning industry are relatively low resulting in intense competition . Cleaning businesses are low capital businesses meaning little money is necessary. There are no formal educational or professional requirements. Even experience within the industry is not necessary. Besides the cleaning aspect, security guard personnel need to have the basic power to arrest training as well as other state required training. Market The target customer demographics of my client base will be schools, hospitals and entertainment venues . There is a major need for facility cleaning as well as crowd control at major sports venues. Hospitals need janitorial services, hazardous waste disposal and security at frequent checkpoints . A weaknesses or disadvantage of the company would be new position in the market, New market with unlimited opportunities Market is showing consistent high growth Impending threats: Low barriers for entry of competitors will make ease of finding substitutes. Benchmark One current company that was an appropriate benchmark to our venture is US Metro Group (www.usmetrogroup.com). This company is a whole facility serv ...

1. Venture Concepts Paper 6
8/10 See comments & rubric below.
First step is the business concept that should answer questions
such as: Who are the customers? Does it already exist? What is
competition like? What special capabilities do you (or your
team) bring to the business?
Make sure that you identify your project clearly as well as the
resources you will need to implement your vision. In subsequent
weeks, you will further develop the business concept including
budgets, etc. This could be the beginning of your new
enterprise! Follow the comments I have made concerning the
organization of the paper itself.
Venture Concepts Paper
Student Name
10/20/2014
FIN/375
University of Phoenix
Business Concept
A conceptual small business startup venture that I would like to
establish, develop and operate for this individual assignment is
a total facility service firm
. For starting a company, a good business name, registering
that name and getting a tax ID number. Some tangible things
required are uniforms, security equipment, cleaning supplies, a
place to store the equipment, cash flow capital, business
proposal and potential clients. Prior to some of the raw
materials, proper licensing, business registration, insurance and
bonding is necessary when establishing a new facility company.
The
equipment we needed for the restaurant will be a scullery sink,
hand sink, ice machine, convection oven, and prep table.
Additionally, we need a freezer and a refrigerator

2. .
Resources
The number of employees I would like to start with will be
about 20 workers. Employees are vital components of providing
a professional, quality cleaning service
; My Company will provide adequate pay, additional employee
benefits, and extensive application processes to extract the
highest quality of customer service from all employees. The
barriers to entry in the cleaning industry are relatively low
resulting in intense competition
. Cleaning businesses are low capital businesses meaning little
money is necessary. There are no formal educational or
professional requirements. Even experience within the industry
is not necessary. Besides the cleaning aspect, security guard
personnel need to have the basic power to arrest training as well
as other state required training.
Market
The target customer demographics of my client base will be
schools, hospitals and entertainment venues
. There is a major need for facility cleaning as well as crowd
control at major sports venues. Hospitals need janitorial
services, hazardous waste disposal and security at frequent
checkpoints
. A weaknesses or disadvantage of the company would be new
position in the market, New market with unlimited opportunities
Market is showing consistent high growth Impending threats:
Low barriers for entry of competitors will make ease of finding
substitutes.
Benchmark
One current company that was an appropriate benchmark to our
venture is US Metro Group (www.usmetrogroup.com). This
company is a whole facility servicing company based in Los

3. Angeles, CA. It started out with one employer who hired a crew
then expanded that crew. They now have twenty different
locations nationwide and a office located in Seoul, Korea
.
In 1979, a poor immigrant from South Korea by the name of
Charles Kim worked day and night as a janitor. Knowing barley
any English, he worked his niche on becoming successful and
hard work. Going back to a poor lifestyles was not an option
.The founder positioned himself in the community with chamber
of commerce chapters and local municipal meetings. US Metro
largest contract is currently the Staples center in Downtown,
Los Angeles CA. His crew is made up of 3000 people (which
includes janitorial, guest services and security) than clean the
Staples Center every single night. Their business model will be
very similar to ours. They have a commitment of keeping a
green and eco friendly approach.
Conclusion?
Competition within the targeted area is fierce; therefore,
Immaculate Cleaning Services will carve a niche market by
targeting churches. No companies truly dominate this industry
. However, there are large companies and franchises (i.e. ABM
Industries, Clean-King, and Sodexo) throughout, small
businesses account for more than 90% of industry sales. The
recent growth has been in small independent operations.
Contributing factors include recent trends of corporate
downsizing and the increased potential of outsourcing.
Businesses no longer keep in-house cleaning staffs. It is
possibly more feasible to outsource such services, thus losing a
certain degree of accountability.
You need a stronger conclusion. The conclusion should
summarize the most important points of the discussion in more
detail. A good indication for a good introduction and conclusion
is as follows: can the reader look at my introduction and
determine what are the issues are that I will be discussing?
Without reading the discussion section, can he read the

4. conclusion and understand the answers/solutions to the issues
mentioned in the introduction?
No References?
Content
70 Percent
Points Available
7
Points Earned
X/7
Additional Comments:
The paper clearly and effectively demonstrates the following:
· Describe The conceptual venture you would start (2.5-points)
· Briefly discuss the resources you think would be needed..
(2.5-points)
· Benchmark your conceptual venture with another similar
enterprise to yours and give details.(2.0-points)
2.25
1.5
2
5.75
You focus on the market but other resources needed include
working capital, transportation, supplier, marketing, etc.
Need to have a better description of the competition, pricing,
location and clientele, to name a few.
Product differentiation is an important part for success. I do not
see clearly what yours is.

5. Need to provide more business details based on market research.
Organization / Development
15 Percent
Points Available
1.5
Points Earned
X/1.5
Additional Comments:
· The paper is no more than 750 words in length.(.5-points)
· Student provided sufficient background on the topic and
previews major points.(.5-points)
· The paper is logical, flows, and reviews the major points.(.5-
points)
1.25
More research is needed concerning this type of project
including the sources of this information.
Mechanics
15 Percent
Points Available
1.5
Points Earned
X/1.0
Additional Comments:
· APA Formatting or layout and graphics are pleasing to the eye
(font, colors, spacing). (1-point)
· Rules of grammar, usage, and punctuation are followed;
spelling is correct. (.5-points)
1.0
Subtitles, conclusion, no references.

6. Total Available
Total Earned
10
8.0
Venture Budgeting and Forecasting Paper
DUE MON 27TH 1030pm PST
(I can be reached at [email protected] for further assignments; I
will pay thru Paypal on an individual basis)
Resources: Kudler Opening Budget
Write a 700- to 900-word paper in APA format in which you do
the following:
Base Paper off of Venture Capital Concept Paper
· Illustrate how your venture would perform by estimating the
revenue and expense to calculate operating profit or loss.
Include estimates of your venture’s main sources of revenue and
the expenses expected in the main cost categories such as the
cost of goods, sales and marketing, labor, rent, maintenance,
and any other significant expenses.
· Illustrate your venture’s startup costs by estimating a
preopening budget—also termed development budget—that
includes startup costs such as building and construction, Web
site development, preopening marketing, equipment,
merchandise, preopening operations, research and development,
working capital, and any other significant preopening expenses.
An example of a preopening budget may be found in the
materials listed on the course page for the University of
Phoenix student Web site for Week Two named Kudler Opening
Budget.
· Develop financial planning goals by illustrating how your
venture would be initially funded by using cash on hand, debt,
venture capital, or a combination of these. Use a mortgage
calculator found on the Internet and calculate your loan
payments. Include these expenses in your Operating Budget.

7. Use the information below to help in your calculations:
Building and Construction Estimation*
Remodeling Fees
$200 per Square Foot
New Building Construction Fees
$450 per Square Foot
*Multiply square footage of small business by fee for
estimation.
Interest Information
10 Year bank Note (Debt)
7.5% Interest
5 Year Venture Capital Loan
15% Interest
Examples of Profit Split for Venture Capital Partnerships*
Example 1
Venture Capital Investment 1
$300,000
Cost to Develop Business 1
$1,000,000
Venture Capital Profits 1
30% of Business Profits
Example 2
Venture Capital Investment 2
$500,000
Cost to Develop Business 2
$2,000,000
Venture Capital Profits 2
25% of Business Profits
*Profit split is commensurate with the ratio of investment.
Post your assignment as a Microsoft® Word attachment.
�APA papers require a heading and a standard format. See the
Center for Writing Excellence (CWE) for guidance and
examples.

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9. �Here you are combining the introduction with resources.
�Papers should have an introduction, discussion & conclusion
sections. Titles (and subtitles) for each one help the reader
understand the important focal points.
Your introduction should tell the reader what to expect when
reading the discussion section of your paper. In other words,
explain the purpose of the paper.
�
Always use subtitles to highlight the new topic being discussed.
Makes it easier to read as the reader can identify the topic being
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�Good point, so how are you different?
�So this is commercial, not residential?
�Need special licenses for disposal.

10. �Start new Paragraph. A paragraph. should be about 5-6
sentences (or when changing subject) for easier reading.
�Interesting observation
Terms of Agreement
· Assignment will pay $20.00 upon completion and plagiarism
check
· Assignment is due Oct 27th 1030pm Pacific Standard Time
· A 50% reduction will occur if past deadline
· Anything past 24 hours from the deadline stated will not be
paid by any means
· Original content is acceptable, Plagiarism is not
· Assignment needs to pass plagiarism with 15% or less
· If assignment does not pass plagiarism, you have 2 hours to
edit or by due date(which ever comes first)
· All deadlines remain the same regardless of any circumstances
· If you take on the assignment, you accept the terms
automatically and assume all risk.
(I can be reached at [email protected] for further assignments; I
will pay thru Paypal on an individual basis)