Agenda - Planning Commission - 09/03/2020

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Business Plan Page 2 of 16 Executive Summary The Ownership The company will be structured as a sole proprietorship. The Management Christopher and Rachel Massmann are both owners (50/50) of Blue Cottage Farms. The work will be divided evenly between them both. Rachel will manage the marketing, social media and bookings for all events. She will work with the clients on the details of their events and manage or work with all of the vendors for the event day. Chris will manage the finances which includes contracts with the clients, invoicing and accounting records. He will be in charge of maintaining the property, landscaping, repairs and upkeep. Chris and Rachel will work together on the day of the event with set-up of tents, tables, chairs, decorating, and all vendors. The Goals and Objectives Create an affordable wedding and event venue for the surrounding community. We have a property with 15 acres of land and a barn that is perfect for hosting small to large gatherings. Our private home is also on the property, which will be off limits to our client and their guests. We were married on this property and have hosted several family graduation parties, birthday parties, and gatherings with friends and family. We understand the work it takes and what the best setup entails for events, big or small. We have the ideal location with plenty of parking. Financial: We will have minimal startup costs due to the fact we own and have lived on the property since April of 2015, and have been slowly working on the barn, landscaping, and out buildings. Money received for events will be put back into the business for upkeep and improvements as can be afforded. No loans are required, as personal savings from our full-time jobs are being used for current upkeep and improvements. Our goal is to turn a profit within two years of operating the event business. Within the calendar year of 2021 we plan to start small by hosting 1-2 weddings, 1-2 small events and