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STATEMENT OF PURPOSE

This plan will be used as an Operating and Policy Guide for the Red Barron Bed and Breakfast and to obtain necessary financing.

The business will be structured as a sole proprietorship. The principal, Margaret A. Barron, seeks loans totaling $525,000 to:

• Refinance property
• Perform necessary renovations and improvements
• Purchase furnishings and inventory
• Maintain adequate cash reserves for successful start up

This sum, together with an additional $95,000 provided by the principal, will finance start up of a five room inn.

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1. Introduction
2. Statement Of Purpose
3. Summary
4. Description Of Business
5. Industry Analysis
6. Marketing Strategy
7. Promotion And Advertising
8. Competitive Analysis
9. Personnel
10. Renovation And Expansion Plans
11. Financial Data
12. Supporting Documents