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Dirty Docks

                   Brandon Killius
   Principles of Entrepreneurship
                       MAN 3802
Problem
There are thousands of
waterfront homes who’s
docks are falling apart.

Constant cycles of wet/
dry, expansion/
contraction causes wood
to warp, crack, split and
turn that unsightly gray
color
Solution
Mission - To provide the best customer
experience possible by performing a
professional service at an affordable price.

Vision - Is to become Tampa Bays leading
deck and dock restoration company with
products and services that set higher
standards.
Value – To build long-term relationships by
continuously exceeding our customers
expectations.

Strategy   - Capitalize on sales by means of
advertising, work ethics, and our price.
Industry and Target Market
 • We would be in the marine construction
   industry and our target market would be open
   to anyone with a deck and/or dock.

 • According to the U.S. Bureau of the Census,
   Florida was the number one state with the Most
   marinas and the state with the highest revenues
   from marinas.
Statistics
• According to the Home Safety Counsel; there
  are over 40 million decks in the U.S. and over
  half of them are in danger of collapse.
     • In 2010 there were twelve recorded collapsing's,
       injuring ten and killing at least 1.
• In 2010 they conducted a study with over 1,000
  consumers nationwide
     • Of the 1,000+ consumers studied 10% admitted to
       never checking their deck or dock for structural
       damages.
     • 20% of the consumers said they had never cleaned
       their deck and an even greater number hadn't
       stained or sealed their deck or checked for
       splinters and popped nails.
Competition / Competitive
       advantage
Our main top three competitors are:
  Heritage Docks

  Gulfside Docks

  DeBaylo Marine

  Brads Custom Docks

  D&J Marine
Swot

      Strengths                  Weaknesses
        Creative
                               New to the industry
Dedicated / Hard Working


    Opportunities                   Threats
  Continued Services
                                  Competition
 (Service Department)
                               Red Tape (licensing)
Mailers (service reminder)


                                                      7
Marketing and Sales
Internet               Newspaper /
•www.Dirty-Docks.com   Magazine
•Facebook              •The YCE Navigator
•Twitter               •Gulfport Gabber
                       •Beach Beacon
•Blogger
                       •St. Petersburg Times
•Craigslist            •The Florida Mariner
•Angies List
•Google Business
solutions              Office Advertising
                       •Pens
                       •Coffee Mugs
Marketing and Sales
Apparel        Physical Advertising
•T-Shirts      •Aluminum Plate at the end of the
•Hats          dock
•Coosies       •Magnets on doors of vehicle
•Frisbee's     •Rear window of truck
               •Stickers
               •Signs on trailer
               •Water proof business card holder
Income Statement
       Dirty-Docks    2011              2012              2013

Revenue                  77,600.00         88,464.00        106,156.80

COGS                     30,500.00         34,770.00         41,724.00

Gross Profit             47,100.00         53,694.00         64,432.80


Rent                     10,200.00         10,200.00         10,200.00

Wages                    31,500.00         35,910.00         43,092.00

Office Supplies              2,000.00           300.00            300.00

Advertising Expense          7,000.00           500.00            500.00


Fuel Cost                    2,400.00          2,400.00          2,400.00

Insurance                    1,500.00          1,500.00          1,500.00

Total Expenses           54,600.00         50,810.00         57,992.00

Net Income                   -7500.00          2,884.00          6,440.00
Operations & Milestones
                Task                      Completion Date

• Occupational Licensing             • May 2011

• Completed Cash Flow Analysis       • February 2011

• Advertising                        February 2011


• Update Business Acct. as an LLC,   • February 2011
or corporation.

• Re-File Business as an LLC         • February 2011
• Obtain EIN number (IRS.GOV)        • February 2011
Sources
• TVB, NEILSON MEDIA Research Custom Survey 2006
• "States with the Highest Revenue from Marinas, 1997 "
  Economic Census, U.S. Bureau of the Census, http://
  factfinder.census.gov, 1997. Business Rankings Annual 2001.
  Gale Group, 2001
   Reproduced in Business and Company Resource Center.  
  Farmington Hills, Mich.: Gale Group, June 2002.   http://
  galenet.galegroup.com/servlet/BCRC
• "States with the Most Marinas, 1997 " Economic Census, U.S.
  Bureau of the Census, http://factfinder.census.gov, 1997.
  Business Rankings Annual 2001. Gale Group, 2001
   Reproduced in Business and Company Resource Center.  
  Farmington Hills, Mich.: Gale Group, June 2002.   http://
  galenet.galegroup.com/servlet/BCRC

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Dirty dock business_projection ppt

  • 1. Dirty Docks Brandon Killius Principles of Entrepreneurship MAN 3802
  • 2. Problem There are thousands of waterfront homes who’s docks are falling apart. Constant cycles of wet/ dry, expansion/ contraction causes wood to warp, crack, split and turn that unsightly gray color
  • 3. Solution Mission - To provide the best customer experience possible by performing a professional service at an affordable price. Vision - Is to become Tampa Bays leading deck and dock restoration company with products and services that set higher standards. Value – To build long-term relationships by continuously exceeding our customers expectations. Strategy - Capitalize on sales by means of advertising, work ethics, and our price.
  • 4. Industry and Target Market • We would be in the marine construction industry and our target market would be open to anyone with a deck and/or dock. • According to the U.S. Bureau of the Census, Florida was the number one state with the Most marinas and the state with the highest revenues from marinas.
  • 5. Statistics • According to the Home Safety Counsel; there are over 40 million decks in the U.S. and over half of them are in danger of collapse. • In 2010 there were twelve recorded collapsing's, injuring ten and killing at least 1. • In 2010 they conducted a study with over 1,000 consumers nationwide • Of the 1,000+ consumers studied 10% admitted to never checking their deck or dock for structural damages. • 20% of the consumers said they had never cleaned their deck and an even greater number hadn't stained or sealed their deck or checked for splinters and popped nails.
  • 6. Competition / Competitive advantage Our main top three competitors are: Heritage Docks Gulfside Docks DeBaylo Marine Brads Custom Docks D&J Marine
  • 7. Swot Strengths Weaknesses Creative New to the industry Dedicated / Hard Working Opportunities Threats Continued Services Competition (Service Department) Red Tape (licensing) Mailers (service reminder) 7
  • 8. Marketing and Sales Internet Newspaper / •www.Dirty-Docks.com Magazine •Facebook •The YCE Navigator •Twitter •Gulfport Gabber •Beach Beacon •Blogger •St. Petersburg Times •Craigslist •The Florida Mariner •Angies List •Google Business solutions Office Advertising •Pens •Coffee Mugs
  • 9. Marketing and Sales Apparel Physical Advertising •T-Shirts •Aluminum Plate at the end of the •Hats dock •Coosies •Magnets on doors of vehicle •Frisbee's •Rear window of truck •Stickers •Signs on trailer •Water proof business card holder
  • 10. Income Statement Dirty-Docks 2011 2012 2013 Revenue 77,600.00 88,464.00 106,156.80 COGS 30,500.00 34,770.00 41,724.00 Gross Profit 47,100.00 53,694.00 64,432.80 Rent 10,200.00 10,200.00 10,200.00 Wages 31,500.00 35,910.00 43,092.00 Office Supplies 2,000.00 300.00 300.00 Advertising Expense 7,000.00 500.00 500.00 Fuel Cost 2,400.00 2,400.00 2,400.00 Insurance 1,500.00 1,500.00 1,500.00 Total Expenses 54,600.00 50,810.00 57,992.00 Net Income -7500.00 2,884.00 6,440.00
  • 11. Operations & Milestones Task Completion Date • Occupational Licensing • May 2011 • Completed Cash Flow Analysis • February 2011 • Advertising February 2011 • Update Business Acct. as an LLC, • February 2011 or corporation. • Re-File Business as an LLC • February 2011 • Obtain EIN number (IRS.GOV) • February 2011
  • 12. Sources • TVB, NEILSON MEDIA Research Custom Survey 2006 • "States with the Highest Revenue from Marinas, 1997 " Economic Census, U.S. Bureau of the Census, http:// factfinder.census.gov, 1997. Business Rankings Annual 2001. Gale Group, 2001  Reproduced in Business and Company Resource Center.   Farmington Hills, Mich.: Gale Group, June 2002.   http:// galenet.galegroup.com/servlet/BCRC • "States with the Most Marinas, 1997 " Economic Census, U.S. Bureau of the Census, http://factfinder.census.gov, 1997. Business Rankings Annual 2001. Gale Group, 2001  Reproduced in Business and Company Resource Center.   Farmington Hills, Mich.: Gale Group, June 2002.   http:// galenet.galegroup.com/servlet/BCRC

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