Business_Plan_Speedway

Business Plan Speedway Executive Summary Speedway, unlike a typical cafe, will provide a unique forum for communication and entertainment through the medium of the Internet. Speedway is the answer to an increasing demand. The public wants: (1) access to the methods of communication and volumes of information now available on the Internet, and (2) access at a cost they can afford and in such a way that they aren't socially, economically, or politically isolated. Speedway’s goal is to provide the community with a social, educational, entertaining, atmosphere for worldwide communication. This business plan is prepared to obtain financing in the amount of $24,000. The supplemental financing is required to begin work on site preparation and modifications, equipment purchases, and to cover expenses in the first year of operations. Additional financing has already been secured in the form of: (1) $24,000 from the Manchester, NH Economic Development Fund (2) $19,000 of personal savings from owner Ali Naqvi (3) $36,000 from three investors (4) and $9,290 in the form of short-term loans. Speedway will be incorporated as an LLC corporation. This will shield the owner Ali Naqvi, and the three outside investors, Nasir Rafiq, Rizwan Raza, and Waheed Hameed, from issues of personal liability and double taxation. The business, plan, speedway, cost, based, average, expense, total, sales, internet, assets, time, other, year, liabilities, cash, one, goods, fees, two, table, short-term, presented, total, subtotal, part, received, rate, operations, memberships, long-term, drinks, data, capital, additional, specialty, long-term