Business Pl Earthbound Guitar

Business Description

The company will be a retail outlet for music equipment but it will mainly stock guitars. The outlet will also stock a wide variety of American classical and renaissance music equipment that is currently used in opera performances. Customers, most of whom require them in bulk, for home and office occasions, receive these deliveries upon special request. The vision of Earthbound Guitars is to become a national supplier of the sleekest and highest quality products at the national level. The company expects to have a customer base of about a thousand loyal customers by the end of the year. By the end of the second year, we project to have reached around ten thousand persons. Earthbound Guitar’s customers are all people of various ages. The company expects annual growth in revenue to be 15%.

Earthbound Guitars is at an advantage, however, since it does not concentrate on regular guitars but also music antiques for special occasions. This is a community music outlet that promotes people’s dreams in music. It has very well-trained, passionate and experienced staff that can handle large and small customer orders. They will even offer free demonstrations on how to use music instruments to customers, which is a relationship-building tool. The music shop has been operating profitably from home for the last eight months. It will make money through the sale of the various music instruments and products. By the end of the current year, it expects to make sales amounting to four hundred thousand dollars. By the end of five years, the projected revenue is to be around a million dollars. The company is