The Homestead

1
The Homestead

• Group 2
• Kelly Bethel, Kathryn Dumond, Nina Massenelli,
  Jaclyn Paul, Adam Sigg

2
Main Objectives

• Overview of the Business Plan
• Financial Information
• SWOT Analysis
• Recommendations

3
The Homesteads Business Plan

• Mission Statement
• The Homesteads mission is to provide a relaxed,
  rural setting for independent seniors who are
  seeking an increased level of companionship and a
  lifestyle free of the burdens of home ownership.

4
The Homesteads Business Plan

• Location
• Competitive advantage
• Keys to success

5
Financial Information

• Assumptions
• Projected Income
• Projected Cash Flow

6
Projected Net Income
7
SWOT Analysis

• Strengths
• Weaknesses
• Opportunities
• Threats

8
Recommendations

• Form a partnership with an Assisted Living Care
  Facility
• Hire at least one full-time manager
• Draw salary for both Tuxhorns
• Build guest cottage after first few years of
  operation
• Personal mortgage of house and additions
• Form a website to promote the Homestead
• Red Cross certification
• Longaberger Homestead

9
Thank You

• Thank you for allowing us this experience and for
  your time
• Good luck with your business!
• We are now open for any questions or comments