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Business Plan Page 10 of 16 <br />Goal is to book six weddings for this calendar year. <br />Spring/Summer/Fa1l 2024 <br />Plan to build a bridal and groom suite on the property to accommodate a bridal party. This will give the <br />bride and groom's families the opportunity to have their own space to get ready and store their <br />belongings. Funding will come from profits. <br />Spring of 2025 <br />Build a bathroom facility. Funding will come from profits. <br />Spring of 2031 <br />Build a new home on our property to live in. The current home, which is a 5 bedroom rambler would be <br />used as a rental property to the bride/groom. Offered as part of the wedding package for a weekend <br />rental. Can also be used for catering facilities. <br />Staff <br />We do not plan to hire staff in the first few years, as we plan to host and run the events. We will be on <br />hand for the duration of every event and proving what is needed. For weddings we will ask the client to <br />be responsible for staffing the event with their catering company and bartenders. We will be on hand <br />for clean up during the event. In our wedding packages, the client will be responsible for set up, tear <br />down, and cleanup. If the business grows to be larger and we can afford to add 1-2 people we will <br />evaluate this need. <br />Company Assets <br />Chris and Rachel Massmann privately own the 15 acre parcel of land and barn in which the event <br />business will be run. There is some inventory Blue Cottage Farms owns, along with decor. Assets are <br />valued at or around $1000. <br />The Product <br />The Product <br />The primary service being provided by Blue Cottage Farms is a venue and event rental space. <br />The rental space includes a barn and 15 acres of land to hold the events. Clients will sign a contract to <br />be allowed to rent the land and barn for personal events such as weddings, graduation parties, reunions, <br />