I need a business plan for my new business, Evetts Promotions LLC / DBA Dollar Bill Promotions

Completed Posted 2 years ago Paid on delivery
Completed Paid on delivery

I have started a a promotion company as my business, but I need funding of $500,00 to make it operational.

I need to hire staff, book venues, contract with performing artist, athletes, etc.

and I need to start a marketing the product. Each event will cost of 23% of the projected gross.

The venues will only being in states that are open for live events- at this time Oklahoma, and Texas. We will focus on venues that can host 3,000 or an average of 2000-4000. With 3-4 events per month.

The projected cost of each event (with the capacity of 3,000) is $27,500. That includes the cost of the venue, staffing, contracted performers, etc. The ticket sales will be done through an online ticket provider service known as ticket spice. They charge a fee of .99 cents per ticket sold, with an additional 4 percent for fees. we will add a 16 percent surcharge/ fees, to cover the additional cost with the average ticket per event costing $42.10 per ticket plus 16 percent. Projected gross average $139,182.60 with the 16 percent fee which also covers the sales tax. ($19,209 in fees, $119,985 without fee in ticket sales- 2850 average tickets sold per event)

with these numbers we will have a projected gross 400.06 percent profit, with a net profit of 284%. per event.

Projected Gross, with 3 event held per month, 36 per year, $5,010,573.60

Projected cost for the year $1,152,431.93

Projected gross profit $3,858,141.64 for the year, Projected net profit $3,272,906.68 for the year.

10% of the funding will go towards merchandise.

2% to licensing, and trademarking.

3% towards securing a lease, utilities

5% towards fulltime staffing

most of the people employed will be contracted 1099 per event. Cost of the service already figured in the cost.

Sales Promotion Project Management Event Planning Marketing Advertising

Project ID: #30134208

About the project

10 proposals Remote project Active 2 years ago

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(19 Reviews)
5.1

10 freelancers are bidding on average $216 for this job

amybrownthatsit

Hi! I have gone through your project details on this business plan. The idea is clear so far but can you please let me know more about the business? Who will be the target audience of your product/service? Can you plea More

$500 USD in 7 days
(9 Reviews)
4.9
tianaonline

Hi! I have checked your project details, but I have some questions regarding this business plan. • Do you have a website? • Have you conducted any feasibility study for this particular location? • What're your figur More

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enlightenwritin1

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$140 USD in 7 days
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vasudevmeena77

Hi, I am available now. I’m Vasudev Meena, I can do this work at very low price. I am a social media marketing expert with over 5 years of experience in this industry. You can choose because I have a great experience More

$140 USD in 7 days
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amandajalhia

I have my own business and I am familiar with marketing in addition I'm an active person who likes to be in constant movement always trying to solve problems

$140 USD in 7 days
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