Plan Outline |
Nonprofit Food Bank Business PlanHelping HandThis sample business plan can be edited directly in Business Plan Pro software.
Market Analysis SummaryThe population base for Johnson County is 600,000. Approximately 20% of the county's population can be characterized as low-income. This represents 120,000 residents that are potentially in need of services from Helping Hand. This group can be broken down into three segments:
Children represent 45% of the county residents in need of Helping Hand services. The program has identified children and their families as it primary target customers. It is projected that the number of low-income children will increase in Johnson County by 20% over the next four years. By 2006, children will represent 52% of Helping Hand's client base. With effective intervention, the debilitation effects of hunger can be eliminated. Consequently, the families will be better able to be successfully providing for its children. 4.1 Market SegmentationService Geographics Service Demographics Service Psychographics
Service Behaviors
4.2 Target Market Segment StrategyThe primary target population group for Helping Hand is children (from birth to 16 years of age) and their families. This group has been identified as the fastest growing segment of the population that need food bank services. The impact of food assistance is most critical during the first five years of a child's life. Children ages birth to five years of age represents 50% of the children served by the program. |
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| Market Analysis | |||||||
| 2002 | 2003 | 2004 | 2005 | 2006 | |||
| Potential Customers | Growth | CAGR | |||||
| Seniors | 7% | 30,000 | 32,100 | 34,347 | 36,751 | 39,324 | 7.00% |
| Individual Adults | 8% | 35,000 | 37,800 | 40,824 | 44,090 | 47,617 | 8.00% |
| Children | 15% | 55,000 | 63,250 | 72,738 | 83,649 | 96,196 | 15.00% |
| Total | 11.15% | 120,000 | 133,150 | 147,909 | 164,490 | 183,137 | 11.15% |