Games N More is seeking investors for a new business that buys, sells, and exchanges technology and entertainment products. Investors can invest a minimum of PHP 100,000 and profits will be shared quarterly based on investment amount. The estimated return on investment is 12-16 months. Games N More will be located in Basak, Cebu City and offers services like repairs, consignment sales, and potential franchise opportunities. It aims to provide low prices, excellent customer service, and a constantly updated product line to be competitive in the market.
2. Overview
โ In Games n More We buy, sell and exchange
a range of technology and entertainment
products including mobile phones, video game
consoles, video games, DVD and Blu-ray
movies, computers, digital electronics, TVs
and monitors, and music CDs.
3. INVESTMENT SUMMARY
โ INVESTORS MAY INVEST ANY AMOUNT OF AT LEAST PHP
100,000
โ EACH INVESTOR'S SHARE OF THE PROFITS WILL BE
DETERMINED BY THE AMOUNT HE INVESTED
โ SHARES OF PROFITS WILL BE PAID OUT EVERY QUARTER
โ ESTIMATED RETURN OF INVESTMENT IS 12 TO 16 MONTHS
โ OVERHEAD EXPENSES AND MAINTENANCE COSTS SUCH AS
DELIVERY FEES, RENT, POWER, WATER, KOSA, AND OTHER
RELATED EXPENSES WILL BE DEDUCTED FROM TOTAL SALES
โ ALL INVESTMENTS AND SHARES WILL BE MONITORED AND
RECORDED FOR DOCUMENTATION PURPOSES
4. SERVICES OFFERED
โ We buy, sell and exchange a range of technology and entertainment
products including mobile phones, video game consoles, video games, DVD
and Blu-ray movies, computers, digital electronics, TVs and monitors, and
music CDs.
โ Repair supported products purchased within the store and from other
vendors.
โ Consignment agreement in which sellers may display and sell their products
on GAMES N MORE's premises. Standard fees in the agreement will be
applied for insurance purposes of the consignor's inventories. GAMES N
MORE will receive a share of 10 percent for every item sold by consignor.
5. EXECUTIVE SUMMARY
โ ALL IMPORTANT DECISIONS MADE FOR THE COMPANY MUST BE
AGREED UPON BY ALL INVESTORS. A VOTE WILL BE TAKEN AND IT
WILL BE IMPLEMENTED IF THE DECISION IS UNANIMOUS
โ EACH OF THE INVESTORS WILL TAKE ON A POSITION WITHIN THE
COMPANY TO PROVIDE ORGANIZATION AND IDENTIFYING ROLES
WITHIN THE ORGANIZATION
โ ALL DELIVERIES, SALES AND ANY OTHER TRANSACTIONS MUST BE
CHECKED OR COUNTERSIGNED BY AN INVESTOR
โ ALL INVESTORS ARE REQUIRED TO ATTEND SCHEDULED MEETINGS
SUCH AS CONFERENCE CALLS FOR INVESTORS OVERSEAS.
6. BUSINESS STRATEGY
โ By selling second-hand/open box products in excellent working condition at low
prices, customers will be able to purchase the latest gadgets, games, consoles, and
DVDs from GAMES N MORE. We will also be responsible for making sure we will be
the cheapest, most value-laden place. As the business grows, we will add brand new
units to our product lineup
โ GAMES N MORE will enter into a partnership agreement with a lending firm to
provide customers with loans of up to PHP 10,000 per transaction. This will lead
to faster and more affordable transactions which will result in more sales and more
long-term clients
โ We will offer a consignment agreement in which sellers may display and sell their
products on GAMES N MORE's premises. Standard fees in the agreement will be
applied for insurance purposes of the consignor's inventories. GAMES N MORE will
receive a share of 10 percent for every item sold by consignor
โ Sponsorship with events will aid in GAMES N MORE reaching the mass market
โ GAMES N MORE will offer franchise opportunities throughout the Philippines. This
will be subject to the terms and conditions set by the business partners (i.e. investors)
7. BUSINESS PROBLEMS and how
we will prevent it!
โ One of the leading cause of company loss is poor customer service. All
personnel of GAMES N MORE will be meticulously trained to provide
excellent customer service
โ Quality assurance testing for all products will be conducted before displaying
and storing them in the store. Warranty will also be checked during standard
procedure
โ Products and the store will be insured to minimize losses resulting from theft,
acts of nature, etc.
8. COMPETITIVE ANALYSIS
โ GAMES N MORE will build a team of highly trained professionals
capable selling products and providing efficient repair services
โ GAMES N MORE will enhance its sales through strong connections
in the online community and malls. Online brand management and
product promotions will be conducted by an experienced social media
professional
โ GAMES N MORE's product line will be constantly updated to keep up
with all of the latest gadgets and trends on the market
โ GAMES N MORE will utilize sponsorship is a way to expand its
market reach and stay ahead of competitors.
12. SHOP LOCATION
โ The shop will be located in Basak, Pardo, Cebu City. It
is 2 meters from San Jose Recolletos Basak Campus,
which is across Holy Trinity school. The people passing
by and traffic is high volume, since it is near the
highway and other establishments. GAMES N MORE
will take the slot on the opposite end of east west bank
in the following pictures. Other rental slots are reserved
for Mercury Drug and a pizza restaurant