The movie kiosk business plan touches on an emerging space of the global media consumption market. Just as Blockbuster and Hollywood Video gave way to on-demand movies and Netflix, web-based movie companies are now losing ground to DVD-vending rental kiosks. In some ways it's not surprising – they represent the next step in consumer freedom and instant accessibility, and if located conveniently enough (like the redbox units at McDonalds franchise spots nationwide) they benefit from high traffic without the need for excessive marketing. Want to jump aboard? Your business plan should answer all of these questions:
• How many service/interactive kiosks do you plan to roll out?
• What are the primary competitors besides redbox and Netflix?
• Who are the secondary competitors besides rental chains and theaters?
• How will you market the movie kiosks?
• What are your corporate staffing needs, do you have an idea?
The personnel plan should show a five-year layout of when people will be hired into your organization for each job function. Identify them by position not name, and show what the prevailing salary will be for each job. Also factor in a modest cost of living increase, at a minimum (often shown as 5%). The pro forma model will include a revenue forecast, break-even point, profit and loss, cash flow statement, and balance sheet, and should also show the first year in a monthly format. The pro forma should be based on industry averages or competitive data wherever possible. MasterPlans can develop the financial model for your company or put together the entire market analysis – call today to learn more! 877-453-2011.
