Chapter I

BUSINESS PLAN INTRODUCTION

Brothers Cycle House is a bike shop, that offer affordable bikes and bike parts that are in
good quality and it has offer services for repairing bikes too. In this time of pandemic becouse
of COVID-19 there is no transportation, bikes like mountain bike, road bike, is the most
popular bikes in nueva ecija, it can be used to go to our destination, trail or work, and even for
exercises, the bike is good for it, so that . Brothers Cycle House is new in business, there so
many problems to come but the business will deal with that problems, to bring services and
provide needs of people who love bikings.

A. Name of the business:

BROTHERS CYCLE HOUSE

B. Vision, Mission, Goals, and objectives:

1. Vision statement: Brothers Cycle House will be the leading bike shop in Cabanatuan city,
Nueva Ecija, selling bikes part and bikes (mountain bikes, road bikes) that are in good and
affordable quality to accommodate the needs of every bikers.

2. Mission statement: Brothers Cycle House bike shop is responsible for giving and provide
their best bikes and service to the person who love biking.

3. Goals statement:
 To serve
 To deliver results
 To spend an additional money for every year to fulfill our needs.

4. Objectives statement:
 To be valued business partners for our suppliers
 To know and search for a new and improved our practices
 To provide outside insight and information

C. SWOT analysis: Strength

 One of us have the experience
 Its not been hard to do the works
 Our shop is well located
 Our workers is well trained and professionals
 If one of our workers not working we can easily substitute the workers Weaknesses.
 We are new in a business
 We don't have great suppliers
 The business need large money, we dont have a lot of money Opportunities
 Creating a new branch
 The business is quick to earn
 Delivered new ideas for our new branch Threats
 Entry of new competitors in our field
 Rising cost of supply
 Competing involve high risk to our business

D. Start-up capital requirements:

Name Invested amm. Ratio

Mr. Genese, Ayer Mackryss 3,00,000 30%
Mr. Banhan, Jaymar 3,00,000 30%
Mr. Desixto, Ralph Liam
Knives 4,00,000 40%
TOTAL 1,000,000 100%