Your analysis must include key findings of your competitions such as the number of organizations with similar businesses, and their backgrounds. Your competitive analysis is where you include your research on your local competition. Include information such as their gender, age, household income, the amount they will spend in bingo parlors per visit, their hobbies, and the location where they reside. Your customer analysis is where you describe the type of customers who are likely to play bingo games. Include some background details, the current trend and studies regarding the industry, and the future of the industry. Your industry analysis is your research about the betting industry specifically playing games such as bingo. You can transition by explaining the daily operations of your bingo parlor. Include details of the products you sell and the services you offer to your customers. Include details such as the facilities, materials, tools, and equipment you will use in your operations. Include details on how you will establish the bingo parlor. The company background is where you give an extensive background of your organization and your reason to establish a bingo parlor. Only include the most important details of every section since your executive summary must not exceed more than one page. It is an overview of all the sections of your plan. This serves as the introduction of your business plan. The first section of your business plan is the executive summary. Details to Include a Bingo Business Plan 1. If the number-letter combination is present in their card, they need to mark them. They must create a vertical, horizontal, or diagonal line on one of their cards to yell ‘Bingo!” and win the prize. Players must watch and listen to the caller for every number-letter combination. Players must make sure to bring cash as parlors don’t generally accept cards as payment. Playing bingo is really simple and even people who previously never played it before can master the rules of the game right away.įirst, players buy bingo cards with random numbers printed on them in a 5 x 5 grid that correlates to the five letters of the wordī-I-N-G-O.
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