Abstract:
The project focused on developing a business plan for the Mayorga Soccer Club, a soccer specific facility in the city of Chicago. The business plan includes the following sections: an executive summary, business description, marketing, finance, management, critical risks, and milestone schedule. Methods used to research competition, equipment, and new facilities were: the Internet, email, and phone calls. There were two questions presented for this project: 1. What are the finances need to establish the business? and 2. Does the Mayorga Soccer Club have the potential to be financially successful? It was determined that $750,000 dollars of capital were needed to establish the business which will return 15% on equity, 27% on assets, and a 51% quick ratio liquidity.