ICF will be based in Eugene Ore. It will offer Eugene an alternative to the traditional large franchise, commercial movie rental stores. ICF's selections will be made up of non-commercial releases, independent films, foreign films, and films that are present at the international film festivals, including the Sundance Film Festival.
ICF will offer a wide range of business hours and exceptional customer service. ICF will generally be willing to special order a movie for a customer if the movie falls within a genre of films that ICF currently stocks. The business will be located in a high traffic area in Eugene and will have a total of five employees by the end of year one. ICF is forecasted to reach profitability by month nine and will have $32,000 in profit by year three.
ICF will be a sole proprietorship owned by Janet Sinemma.
ICF will have the following start-up costs, of which everything that is a long-term asset (any asset that will be used for more than one year) will be depreciated using the straight-line method.