New Project: Creating an Amusement Park

1094 Words3 Pages

We want to start an amusement park, titled Fun Land because we consider it to be a fun family experience. A large amount of money can be profited from the experience. Our short term goals include getting the business up and running with reliable employees, getting the Fun Land name out into the public, paying off some of the debt, and giving customers a good experience. Our goals in five years include having new and attractive rides, good flow of customers, and good reputation. In ten years we want to generate millions of dollars, expand, and build new and exciting rides. We want to provide a safe, affordable, and joyful experience for each and every one of our customers. We believe strongly in honesty so our rides would be monthly inspected and all foods will be properly maintained. We will also provide refunds for any mishaps or unsatisfied service. Fun Land is set up as a partnership between Shur’Myra Lillard and David Chan, as partners we will share the responsibilities and risk in starting a new business. Shur’Myra will be the staff manager and David will be the financial manager. Both will be responsible for hiring engineers for the rides and other employees. Shur’Myra Lillard participated in marketing management class, is well organized, and is cooperative. David Chan also participated in marketing management class and honors mathematics class. He is hardworking, and organized. Fun Land, located in Chicago, Illinois, will provide the service of roller coaster rides and dining. An adult ticket cost $25, a ticket for customers aging 10 to 17 cost $20, a ticket for customers between 4 to 9 years olds cost $9, and any customer younger than 4 is free. Customers can obtain seasonal passes for $35. The seasonal passes l... ... middle of paper ... ... the cost would cause us to have an overwhelming amount of debt. The advertising portion of the business could fail resulting Fun Land to have little exposure in Chicago city and beyond. Fun Land will have a lower chance of having a large flow of customers in the beginning of the business. Fun Land’s roller coaster rides could have a structure defective causing safety issues. As result Fun Land will need to pour more capital in improving the structure and safety inspections. A customer could have an injury related to Fun Land which would worsen Fun Land’s reputation. A sudden worsen of the economy can inhibit consumers in using their money for personal wants, travel, or high cost service. Weather is another factor that could affect the roller coaster rides’ safety in Fun Land. Fun Land could lose profit by replacing materials, on the rides, worn down by the weather.

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