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Laser Tag

Management Summary

Management Team

John Smith, who will serve as the chairman and president of the Laser Tag board of directors and will manage the company’s daily operations. Mr. Smith is also a member of the International Laser Tag Association, a nonprofit group developed by experienced industry personnel that is dedicated to assisting with the successful operations of separate facilities world wide.

Board of Directors

In addition to John Smith, one other person has agreed to serve on the Laser Tag board of directors: Barry Stir. Barry Stir is an Attorney at law and has a background in accounting. His office is located on “D” Ave in MyTown. He is also a co-owner in an Internet company in MyTown.

Chairman

John Smith is a 20-year U.S. Army veteran with excellent management skills, who is well-qualified to run the Laser Tag. He has held a number of management positions and has been responsible for the professional development of numerous personnel and accountable for in excess of $11 million in military equipment. He served in the plans and operations section while in the military and has put together and executed various training and evaluation outlines. Mr. Smith has significant experience working with patrons and employees of entertainment businesses while opening and operating two low point beverage entertainment facilities in Small Town and Rural Town, Ohio. In addition to the entertainment experience, he has extensive experience with laser-based systems with the U.S. Army’s combat training, Military Integrated Laser Engagement System (MILES). MILES is a system the Army uses for war games.

Employees

Laser Tag will employ 7 people. The president will be the only full-time employee and 6 others will be part-time. One part-time worker will serve as a shift manager. All employees will be selected on the basis of their ability to work with young patrons. All employees will be expected to sign a non-disclosure and non-compete agreement.

8.1 Personnel Plan

The personnel plan will be as follows:

  • One general manager to oversee shift manager and fill-in for all areas. The president of the corporation will fill the general manager position.
  • One shift manager/leader to conduct opening, closing, operations, greet customers, receive payments for services/products, event planning, equipment checks, and schedule arena events.

Five part time employees will attend to arena supervision, and keep area clean. All three will work part time to ensure the facility has a full staff in case of an unanticipated event.

The following professionals have agreed to help Laser Tag:

[Proprietary and confidential information removed.]

Personnel Plan
Year 1 Year 2 Year 3 Year 4 Year 5
General Manager $18,000 $20,000 $25,000 $30,000 $35,000
Shift Manager $17,316 $18,500 $19,500 $20,500 $21,500
Laser Tag attendants $21,460 $19,314 $18,026 $18,928 $19,874
Arcade attendants $19,195 $20,155 $21,163 $22,221 $23,332
Total People 7 7 7 7 7
Total Payroll $75,971 $77,969 $83,689 $91,648 $99,706