RAD-Venture presents a plan for a very unique business.
RAD-Venture provides outdoor adventures to their many, adventure seeking clients. Whether clients are looking for an "extreme" adventure or a somewhat milder time outdoors, RAD-Venture has just the trip. Specializing in mountain biking tours, hiking and camping, the owners have found that they can run a successful and profitable business by using their expertise and talents, while doing something that they love and Business Plan For A Outdoor Store.
The company name is RAD-Venture. It operates daily rentals and tours in Nevada, and multiday mountain bike tours throughout the national park regions of the Southwest. It is an adventure travel company currently specializing in mountain bike touring with plans to include additional recreational opportunities via an RAD-Venture Center in Cedar City, Utah. RAD-Venture promotes human power and natural environment. The target market has been defined as special interest "adventure sports and travel.
The primary owners are Grant and Heidi Osborn. Together they have ten years of college education and experience in management and communications. They bring to the company both educational insight and "real life" experience. RAD-Venture has many strengths. Led with innovative enthusiasm, it possesses exciting potential as one of the early companies in a young, growing industry. The intended Southern Utah location has an economic, demographic, and political base strongly conducive to the success of an outdoor adventure center.
RAD-Venture has a history of highly satisfied customers and a quality brochure vital in an industry that is based on perception rather than reality.
The purpose of this business plan is to Business Plan For A Outdoor Store funds for a new outdoor RAD-Venture Center, featuring an indoor rock climbing gym, mountain bike touring headquarters, and outdoor adventure just click for source sales and services, RAD-Venture invites investors to participate in this new and prospering business.
Take the time to learn about the company through this business plan. If you do wish to become a part of our growth, we look forward to meeting you again. He developed an operations and marketing strategy for a business which would theoretically deliver bicycles to Las Vegas hotel guests and take bike tours to nearby Red Rock Canyon.
Grant's wife, Heidi, knew this was an idea with great potential. She recognized an unanswered market and acted quickly. With student ambition, ideas, and determination, by April 10,a new bicycle rental and tour company, "RAD-Venture" was born.
Grant and Heidi's remaining college years were suddenly directed toward researching and developing this new business venture. From the Osborns' first two personal bikes used for rentals and a computer in the bedroom, the business grew, entirely self-supported, into a nationally-advertised operation complete with an office, a warehouse, high quality mountain bikes, tour equipment, and support vehicles—just in the first three years!
The focus of RAD-Venture has evolved with its growth. The once local Las Vegas rental and tour company has developed into a full support mountain bike tour operator with plans to outfit a variety of additional active sports as well. First, the need for a more stable non-weather-dependent indoor activity and retail base from which to balance the seasonal nature of adventure tourism, and secondly, the need for a base environment more central to popular outdoor adventure destinations.
The Outdoor RAD-Venture Center is designed to supply clothing, equipment, maps, rentals, shuttles, and tours for outdoor go here such as mountain biking, rock climbing, rafting, camping, skiing, hiking, and horseback riding. Two unique attractants are a world-class indoor rock climbing gym and the adjacent location to the Navajo path, a paved trail system popular for jogging and biking.
Great mountain biking and rafting opportunities lie within ten miles of the RAD-venture Center's intended location. Cedar City, Utah is one of the gateway cities to the Grand Circle, known as "America's greatest concentration of scenic wonders. Sunny Southern Utah's abundant natural "adventure" resources, strong growing economy, and year round temperate climate provide the ideal environment for a new Business Plan For A Outdoor Store RAD-Venture Center.
RAD-Venture is designed to promote and operate outdoor adventure sports and travel. By offering nothing motorized, we celebrate human power and natural environment.
Retail Business Plan
We will be leaders in our industry through innovation and preservation. We will sustain a reputation of quality through excellent service, customer care, and a friendly, professional staff. Our guests are the focus of our company.
We will generate a profit in an ethical manner while meeting and exceeding our guests' expectations. The adventure sports and travel industry is considerably young.
Not more than twenty years ago, the industry was almost unheard of. Statistics show a steady rise in adventure sport sales and tours. Inthe industry grossed Business Plan For A Outdoor Store five million dollars. Init grossed more than five hundred million dollars. More people are becoming health conscious and looking for ways to incorporate fitness into their vacation. The maturity stage for this industry is not for another 20 years.
With the right marketing decisions and proper timing, RAD-Venture will gain a comfortable portion of the market share as the adventure sports and travel segment grows into one of the larger vacation industries. RAD-Venture's target market is characteristically made up of recreational travelers with active lifestyles. This eliminates the greater portion of the travel industry, allowing RAD-Venture to focus more closely on its market demographics.
Cedar City is one of click fastest growing areas in Utah due to its mild climate, quality of life, low crime, low cost of living, competitive construction rates, and recreation amenities. Cedar City has no current growth limits and the water tables are capable of supporting up toresidents.
The population is more representative of outdoor activity than the Las Vegas population. Cedar City also has several organized private outdoor oriented clubs such as the "Backcountry Club. Travel and tourism, the industry RAD-Venture is based on, is Utah's third largest industry behind real estate and construction number oneand retail number two.
The Utah Travel Council encourages business and private input on the development of tourism through public meetings statewide. Cedar City currently attracts more than two million international visitors annually. Cedar City is so confident in its economic strength and potential, it is building a large-scale convention center, park, and sizable hotel in This will attract more of the "professional" status people that figure so prominently in RAD-Venture's market profile.
Utah, especially Southern Utah's, economic strength is stable and growing. During the past decade, Utah's economy ranked among the highest in the nation with a 5. A division of the city, Recreational Services, is responsible for providing information and organized leisure activities through local recreation businesses and nonprofit organizations.
They currently Business Plan For A Outdoor Store flyers about hikes, camps, youth activities, fun runs, and marathons.
Whatever type of retail store you're starting, a good business plan is essential. Get ideas from this assortment of sample business plans for clothing stores, online. We support America's small businesses. The SBA connects entrepreneurs with lenders and funding to help them plan, start and grow their business. It is acknowledged by reader that information to be furnished in this business plan is in all An Outdoor Clothing & Gear Consignment Store is a new business in. Encyclopedia of Business, 2nd ed. Outdoor Adventure Travel Company Business Plan: Business Plans - Volume
Other relevant government publics are the federal land managers; Bureaus of Land Management, U. Forest Service agencies, National Park Systems, and state lands.
RAD-Venture has existing positive working relationships with these agencies through its mountain bike tour history. The Outdoor RAD-Venture Center as a visit web page will have no direct competitors, in that its combination of adventure services and sales is unique to the area. There will, however, be direct competition with certain departments within the center.
The rock climbing gym will have no direct local competitors, because the closest rock climbing gyms are more than and miles away, respectively. The adventure equipment rentals and tours will have some competition only in the sports of mountain biking or rock climbing with a few local stores: Bailey's Cycles, Mountain Biking, Inc. We feel that a recreational adventure center will provide the necessary edge on equipment rental and tour competition.
RAD-Venture has secured the accounts of two lines of bicycles which are flashy, high quality, and relatively low priced. To further distinguish our store from competitors, bicycles and other equipment will be on display with "testers" for rent with a philosophy of Business Plan For A Outdoor Store it on for size, Rent before you buy.
The following companies, none of which are local, are in direct competition with RAD-Venture's multi-day mountain bike tours: Since most western bicycle tour companies offer tours in the same areas, competition is strong.
large"outdoor"store,"some"products"can"be"bought"in"bulk"to"reduce"the"price"of"the" fromthe"Small"Business"Association" Business plan copy. Encyclopedia of Business, 2nd ed. Online Outdoor Company Business Plan: Business Plans - Volume U.S. Department of the Interior Bureau of Reclamation Denver, Colorado July Outdoor Recreation Business Plan Guidebook Submitted to: United States Department of. Simplistic Labyrinth Design Studio outdoor gear designer business plan executive summary. Simplistic Labyrinth Design Studio is a designer/prototyper for a wide range. How Can I Open a Sports and Recreation Retail Store? apparel and supplies needed for various indoor and outdoor activities. Write a business plan.
For example, the off-road Western Tour of Nevada, which in the last two years was created and toured almost exclusively by RAD-Venture will next season be offered by four additional national tour companies.
Most tour companies rely on a combination of brochure mailers and travel listings in national special interest publications to promote their tours. RAD-Venture is listed in eight national magazines and has produced a highly competitive color brochure for distribution. Please click for source two largest concerns with competitive forces are sales especially of bicycles and multi-day tours.
The market is wide open, however for rentals, tours and indoor climbing. The Center is designed to benefit from, but not depend on, retail sales. A potential multi-day tour guest has many outfitters to choose from when planning a mountain bike vacation. An adventure center from which multi-day here may begin or end, will provide a more established company image for vacationers to consider when choosing. By offering a center with multiple, complementary adventures, RAD-Venture intends to attract people inside, and once inside, present a fun, inviting "hangout" atmosphere to create loyalty, increased interest, and repeat business.
RAD-Venture, through its new Center, will offer many products and services for the outdoor enthusiast. RAD-Venture will sell and Business Plan For A Outdoor Store biking, hiking, camping, and climbing essentials and gear.
National brand products will be used for their quality and name recognition. The adventure sports industry has extreme pricing methods. Tour companies tend to offer either very expensive or very inexpensive tours. Middle range prices are rare. Many inexpensive tours follow the same routes as the expensive tours, but without the support or amenities. RAD-Venture tours currently fall into the expensive category, with full support and many amenities. With the addition of an outdoor adventure center offering shuttles, maps, sales, and rental equipment separately, our market share will broaden to include participants of less expensive, self-supported adventures as well.
As business increases, RAD-Venture can offer new products and services with new prices. A variety of high, medium and low priced, self to full-supported adventures will allow changing prices without changing guest perception.
It is licensed for business throughout the city of Reno, Nevada. RAD-Venture has been featured in the following national publications: Team synergy is probably the most important aspect of holding any company together—especially ours. If each employee was asked to explain his or her behavior and role in the company, we would still not understand RAD-Venture as a whole.