Hello I am working on a Marketing plan with my Classmates we are Team 1 CateringI need parts 4 and 5 complete This is the assignment Class,Most of the assignment is done but the last part isnt complet

Market Plan Summary

Top Choice Catering will be the leading catering service in Fayetteville, NC with a rapidly developing consumer brand and growing customer base.  With our diverse menu, quality food, awesome presentation, excellent service, and a professional staff-all striving to manifest the perfect event! Top Choice Catering will reinvent customer service for individuals and families, with discretionary income by selling high quality, innovative products at a reasonable price. We are also flexible to the customer’s needs and desires of the customer to ensure a memorable event.

We anticipate our total sales to be $510,000 in the first year, with a combined growth rate of 10% to 20% annually. Most important to us is our financial success and we believe this will be achieved by offering high-quality service and excellent food with an interesting twist. We have created financial projections based on our experience and knowledge of the area. With a start-up expenditure of $500,000 with the same in reserves, we can generate $1,225,000 in sales by the end of year two and produce good net profits by the end of year three.