Business plan for a karting club with a financial model. Karting business plan. In the rigging property in the sample included

  • 02.04.2020
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Reviews on the business plan of the karting club (15)

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    Business plan for a karting club

    Vladimir
    Your business plan showed me the mistakes I made when planning my own karting. It's good that it didn't come to an opening. correcting blunders would cost a pretty penny. Thanks for the timely tips.

    Vladimir, thank you for your response. It's great that before you started creating a karting club, you decided to double-check your calculations. We are glad that our developments have brought you real help. We wish you a successful opening.

    Business plan for a karting club

    Vladimir
    Karting clubs are very popular among young people. This was a decisive factor in choosing the direction of his business. In addition, investments are required not the most global. Your business plan showed that the idea is quite real and realized in a matter of months. Thanks to.
  • Business plan for a karting club

    Alexander
    At first it seemed that everything was very complicated, a lot of tricky things were written. But when I began to understand in detail, I realized that what was written was what was needed to develop a high-quality business plan. Thank you.

    Alexander, thank you for your response. We create standard documents in such a way that a person who wants to develop a business plan on his own can do it without difficulty. We wish you good luck in creating a karting club.

The main thing about the business plan of the karting club

The roar of engines, the squeal of brakes, the enthusiastic hubbub of the crowd - if a person wants to get an adrenaline rush, he goes to the karting track. The opinion that only teenagers are the regulars of karting centers is fundamentally wrong. If you have an idea to open your own karting club or center, keep in mind that the main audience that will visit it are young wealthy people aged 20-35 years old. Some like to watch races, others like to take part in them directly.

When planning to organize a karting center, take care, first of all, of the availability of a quality track, which is a key success factor for such a business project as karting. It has to be both exciting and safe, and that combination is very difficult to achieve. Only a competent and experienced specialist will be able to correctly calculate all turns and turns, and only a competent and experienced specialist will be able to evaluate their safety.

Do not forget about the appropriate equipment, which allows each visitor to instantly transform into a real racer. You can give out disposable go-kart suits, or you can rent out regular go-kart suits.

Horizontal racing

The main item of expenditure when opening a karting track is the rent of land for karting. When choosing a site, ask in advance about the possibility of placing such a structure on it. It is advisable to conclude a contract for a long time, so that your hands are untied, and you can actively develop your karting business, while receiving good income. Purchasing cards also requires significant costs. The cost of one car ranges from 2 thousand to 5 thousand dollars. In order to organize a full-fledged business - an attraction with karts, you will need at least 8 karts. And don't forget kids' cars, which are also in high demand.

The payback of a karting club depends on how popular your karting track will be. Organization of karting rental is the main source of profit. The more clients, the higher the income. Therefore, proper promotion own business is of great importance. When opening a go-kart rental business, think in advance how you will be able to attract customers. These may be special conditions for regular visitors, it would not be superfluous to organize a rental of cards for holding corporate events. In this case, tents should be provided at the karting track, in the shade of which visitors can relax between races, drink a cup of tea or coffee.

If you do not have experience in such a business, it will be much easier to open a karting track, guided by the advice of professionals, which are contained in a competent example of a business plan for opening a karting club with ready-made calculations. This document contains detailed description all the subtleties of business, including the very definition of a karting track. Opening a kart will not cause you serious problems if you strictly follow the advice of professionals. Thus, you will minimize all possible risks and easily cope with any difficulties that may lie in wait for you along the way.

A ready-made business plan for a karting club from scratch with examples of opening calculations

We offer a business plan for a karting club so that you can start a business related to sports car racing. Karts are popular with teenagers and older people, those who appreciate the justified risk and love to feel like a real ruler of a high-speed vehicle, a racer behind the wheel of a sports kart, like to spend their weekends in karting clubs. Therefore, it will be very far-sighted to have at hand detailed planning of this undertaking, both in a metropolis and in a small city.

This document on the organization of karting is intended for those who have seriously decided to take up this business, because in order to put karting into operation, you should think about selecting the appropriate premises, decide on the purchase of a kart fleet, and also build tracks, taking care of the safety of your customers. It is preferable to buy equipment that is made in Italy, however, some models of Chinese karts have proven themselves quite well, and their cost is quite acceptable. You should also think about providing the technical component of the future club, specialists are needed who can troubleshoot karting machines and maintain the park in good shape.

After studying the finished document, you will gain confidence in your guesses and with the help of methodical calculations, you will be able to decide both on the size of the future club and estimate the cost items that will be impressive at the first stage. You also need to purchase appropriate protective clothing for your future visitors and should take into account age features clients. Don't forget that in weekdays you can reduce prices for sessions, and set an increased rate on weekends and holidays, while the flow of visitors will not decrease. This is a far-sighted and profitable business for entrepreneurs, see for yourself by examining the financial document.

In stock Business plan for a karting club 5 13

Racing cars are popular with both schoolchildren and adults. In extreme sports clubs, those who love to feel like driving a high-speed car prefer to spend their holidays. motor vehicle racer. For this reason, we present to your attention a detailed ready business plan for karting in a big or small city.

According to the calculations of the entrepreneurial project, it is planned to spend about 60,500 dollars to open an extreme sports karting club from scratch:

  • The construction of the highway (laying the road, the concept of timing, security components, etc.) - 40,000 dollars.
  • Formation of an entertainment complex (cloakroom, pavilion, administrative building) - 500.
  • Purchase of equipment (maps, equipment) - 13,000 dollars.
  • Marketing expenses - 1500 dollars.
  • Documentation of business and other expenses - $ 1,000.

Partners will contribute money to the karting business plan from their personal funds (50% from a single investment), it is also planned in the amount of $450.

Leased object

In order to build a highway, it is planned to rent a place in one of the well-known parks of the metropolis. The car park belongs to the district administration, for this reason the cost of rent will not be very high in relation to individual property. Monthly fee for a place of 3000 sq. m. will be 250 dollars.

There is a line of attractions in this park, for this reason, problems with customers at the initial stage of business development can be avoided. The exception will be days with bad weather.

The auto racing line will be covered with asphalt. The track will be 500 meters long and 8 meters wide. For the protection of riders and spectators, the line ribs will be lined with rubber tires and soft sealing material. Before construction work, it is planned to define the concept of an electric measurement fixator (rapidity detector). The results of the competition will be broadcast on the screen, which will make the course of the race even more exciting.

In the equipment property, the sample includes:

  • 12 Formula 270 cards (cost $820);
  • screen;
  • timing equipment;
  • equipment (rib protection, helmets, elbow pads, knee pads).

In general, about 13,000 dollars will be invested in this period.


Working staff

According to the entrepreneurial project, the company will hire the following staff:

  • a competent auto mechanic (salary 150 dollars);
  • 2 instructors (salary 140 USD);
  • trainer ($250).

Assets wages- 680 USD per month.

Tax system

The coordinating configuration of the extreme sports karting club will be an LLC consisting of 2 entrepreneurs. Payment of taxes for karting will be carried out quarterly, from the profit of 15% according to the simplified taxation system.

Our company plans to provide a fairly extensive list of services. For small organizations and just amateur racing drivers, an ordinary kart rental is offered at a cost of 2.50 dollars / 5 minutes. Collective clients and large companies will be able to rent a kart.

The karting business plan takes into account the following rental prices: karts, rider equipment, mentor services, highway leasing.

It is planned to define the following category of cost:

  • Until 16:00 - $40/hour, $65/2 minutes, 95/3 hours.
  • After 16:00 - 55 dollars / hour, 105/2 minutes, 160/3 hours.
  • Weekends and holidays - 100/hour, 180/2 minutes, 260/3 minutes.
  • In addition to this, for ancillary payment, riders will be offered:
  • Individual programs.
  • Services of a high-class host.
  • Organization of a banquet.
  • Presentation of medals.

Another promising range of services is also included in the business plan of the karting club - “young race car driver”. Four times a month, under the guidance of an experienced instructor, training will be held for children from 11 years old. The duration of the lessons will be 1.5 - 2 hours. The price of teaching at the school for one student will cost 25 dollars. per month.

An example of a karting business plan designed for extreme sports open view, which implies an uneven period of club activity - spring / autumn. During this period, the flow will be about 900 people (30 per day).

One collective special order will bring income up to 100 dollars, so it is planned to receive revenue from 1000 dollars. per month. Single racing drivers will add $4,500 to income. ($5 per visitor). Having summed up the total revenue, we get 5500 dollars. every month from May to October.

Now karting as a business is very common. There are more than 300 karting clubs throughout Russia, but this industry for the domestic market has not yet been fully developed and has a lot of room for start and development entrepreneurial activity. As an alternative to amusement parks, karting is a serious competitor for thrills, with lower facility costs.

For entrepreneurs in Russia, relatively new to the path of a market economy and breaking down information barriers, there are quite a few profit opportunities, and extreme recreation has recently attracted more and more followers. In Moscow alone there are about 10 karting clubs, and for the capital this figure is extremely low and is a start signal for businessmen who have turned their eyes to this developing area. In this article, we bring to the attention of all those interested in the business plan of a karting club.

A bit of history. Karting, as part of the entertainment industry, has been known since the mid-50s, and the roots of this sport date back to the Second World War, when American pilots found entertainment in innocent races in small cars of their own construction in between flights. In 1956 Art Ingels assembled the first real kart from those prototypes. The new device immediately gained popularity, and by the 60s the number of kart manufacturers had crossed over 120. At the same time, karting officially entered the territory of the USSR and into the minds of Soviet citizens in order to decline by the 80s, having survived the peak of its development in the 70s , becoming the most popular form of motor sport.

A new wave of passion for karting in Russia grew on the interest in Formula 1 racing in the early 2000s, and not only has not died out, but is still gaining momentum.

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Karting business in general

So, the decision to create a karting club has been made, let's consider business development options. In the layout by stages, the business plan of the karting club looks like this:

  1. Renting a plot with the subsequent construction of the route. The industrial districts of the city are best suited, in which it is possible to rent a large site or a hangar, but it is also necessary to take into account the transport accessibility of the chosen place. For a route with a length of 700 m, an area of ​​​​4 thousand square meters is enough. m.
  2. Purchase of karts, spare parts and components, including uniforms for pilots and staff.
  3. Recruitment.
  4. Advertising campaign. On the scale of the northern capital effective advertising will turn into at least 30 thousand rubles.

First, decide how big the project will be.

There are two main types of karting clubs: indoor (that is, located indoors) and outdoors.

The first and second have some advantages over each other. So, an open-air karting club will gather more customers in the warm season, and an indoor club is able to work year-round, but it pays off about 2-3 times longer than an outdoor karting center, due to the fact that it requires much larger initial investment.

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Types of karting clubs

The cost of creating a karting club is directly proportional to how big the business you want to expand. A large club with a quality track, equipment, good service and many related services will cost at least 15 million rubles, the payback of which can be delayed for 8 years, after which you will have big business and an equally impressive income. An area of ​​​​1.5 thousand square meters. m will accommodate a track 400 m long. Let's add to this new imported maps, locker rooms, a restaurant and quality service and get a budget of 3 million rubles.

There are 3 main types of earnings on karting clubs. These include: actual kart rental, corporate orders(renting the entire club for a certain time) and teaching the basics and subtleties of piloting skills to those who wish. You can teach children from the age of six, and the cost of such courses can be about 15 thousand rubles. A set of groups for classes will help the karting business to maintain stability even during “off-season” periods. The main income of karting clubs is, of course, a corporate client.

Club rent varies around the amount of 25 thousand rubles. per hour on weekends, and on weekdays is about 15 thousand rubles. in an hour. Here, a justified pattern is manifested: the higher the service, the quantity and quality of related services, the more willingly they will choose your club among competitors for corporate events. The basis of any karting is kart rental. In the capital, the cost of this service ranges from 300-800 rubles for 10 minutes of pleasure.

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What is a kart

Karts are the backbone of the karting business. They are of foreign and domestic production, and the service life of our kart is 2-3 times less than foreign, the same pattern applies to the cost of the car. The most popular are Rimo brand cards and the Danish DINO brand. Almost all cars are equipped with a Honda engine, which exists in several varieties:

  1. Honda GX. It is installed on all factory Russian cards. It has high reliability, and there will be no problems with the replacement of spare parts.
  2. "Honda 200" with a capacity of 6.5 hp It is an engine for entry level karts commonly used for training.
  3. "Honda 270" with a power of 9 hp Engine for a standard kart on long highways.
  4. "Honda 340" has a power of 13 hp. And it is practically not used, since the clutch for the kart has to be bought separately.

New Russian cards cost about 80 thousand rubles, foreign ones - from 150 thousand rubles. As an alternative, you can buy used cars, the cost of which reaches 20-30 thousand rubles. It is worth considering that due to the lack of depreciation in the karts, which smooths out the unevenness of the track, the service life of this vehicle is short and often depends on the quality of the road surface. Card details can be obtained in various ways. If your fleet is equipped with DINO or Rimo cards, then there will be no problems with the purchase of spare parts and components, they can be ordered directly or through official dealers. In any case, the part can be ordered from the factory, or a qualified turner with access to lathes must be on staff.

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Equipped track

The degree of pleasure from the trip along it depends on how well the track is equipped, and therefore, how many and what kind of customers you will have. The optimal track length will be 500-600 meters. For example, in Moscow, the longest track is the track of the Pilot karting club, which is 976 m.

An indicator of the quality of a track is its coverage. On a flat surface, kart wear is reduced and rider comfort is improved. It must be remembered that the cards do not have suspension, which means that every crack in the asphalt will be a guaranteed hit on vehicle. In addition, on bad tracks, tires wear out within a few hours of driving. If this is not just a park track, but a solid karting track, it makes sense to build a timing system into the track. Knowing his results, the pilot will try to improve them, which means he will regular customer. The approximate cost of such a system is about 150 thousand rubles, and it is installed directly into the road surface, so it is necessary to think about purchasing it before laying asphalt. If the track is covered, then you should take care of the ventilation of the room. The cost of a ventilation system for a karting club can exceed 300,000 rubles. Selected characteristics of the route according to the requirements of the RAF:

  • track width: 8-13 meters;
  • longitudinal slopes: 5%;
  • transverse slopes: 10% (reverse slopes are prohibited);
  • straight length (kart equipped with gearbox): unlimited;
  • length of a straight section (go-karts not equipped with a gearbox): 170 m;
  • number of simultaneously present karts on the track: 26 (track length up to 1 km), 34 (track length 1.5 km), 60 (track length over 1.5 km);
  • track material: asphalt.

Karting is one of the most popular sports among our population. At the same time, it should be noted that in recent years the demand for these services has been actively growing. Despite the fact that karting looks like child's play, for many it is a serious hobby. Given the high demand, the payback of the project will be 20 months, the break-even point falls on the 3rd month.

To successfully open a club, you will need to rent warehouse space. It is best to shoot it at the entrances to the city with good transport accessibility. It should also be noted that it is necessary to open a karting club in medium or large cities. The staff of the karting center will be 4 people.

The karting center will rent out karts for solo skating, hold competitions for companies of 5 or more people, and organize receptions for private and corporate clients. The average cost for 30 minutes of skiing is 2,500 rubles, 1 hour ride - 4,000 rubles, competitions for groups - 30,000 rubles, buffet - 20,000 rubles. The cost will vary depending on the time of the visit. For example, in the morning the cost may be lower. The rental price will include kart rental, equipment, instructor (judge), track rental. In this way, financial indicators will be the following:

Amount of investment - 7 247 000 rubles

Monthly profit - 367 000 rubles

Payback period - 20 months

Break even - 3 months

Profitability of sales - 39%

2. Description of the business, product or service

In terms of its popularity among our population, karting surpasses many sports. This is due to both the excitement and the dynamism of this entertainment. For some, this sport is a source of professional income. At the same time, it should be noted that this business has a fairly high profitability, which is expressed in quick payback periods.

When opening, you will need to decide on the format of the karting club. It can be presented in the format:

  • Economy
  • Average
  • Elite

The economy segment includes small sites with a fairly simple route. Longer runs are in the middle. The elite include centers where the best foreign maps are provided, there are large tracks that may be closed.

The amount of investment in the project directly depends on the chosen format of the karting center. The amount of investment can be from 3 million rubles. up to 15 million rubles

This business plan involves opening a medium-sized closed-type karting club. The covered track can serve customers all year round.

To organize a karting center, you will need to rent a hangar. Minimum area, on which it is possible to equip a good track, is 2,500 m2. The club will house an administrative office, as well as the track itself. It is advisable to look for a hangar near medium and large cities. So you can reach the maximum solvent audience.

In addition to the premises in the karting center, it is necessary to purchase the following equipment:

  • checkout
  • A computer
  • Printer
  • Maps (auto)
  • Protective equipment
  • office furniture
  • Shelving

This equipment will fully ensure the activities of the club.

The main services of the karting center will be:

  • Rental for 30 minutes
  • Rental for 1 hour
  • Organization of competitions for groups of 5 people
  • Organization of receptions for private and corporate clients

In addition to organizational issues, be sure to check with the owner of the hangar for permission to operate from the fire inspectorate.

3. Description of the market

The target audience of the karting club are private and corporate clients. To to corporative clients relate small companies. People also come to the karting club just to ride or on the occasion of some event.

Benefits that can be provided to customers include:

  • Special route configuration
  • Modern cards
  • Experienced Instructors
  • Special programs for private and corporate clients
  • Discounts and loyalty cards

The most important thing when you first meet a client is to earn his trust, and also try to make him a regular. With such advantages, you can quickly become famous among the inhabitants of the city and receive a constant profit.

4. Sales and Marketing

5. Production plan

To successfully run a karting club, you will need:

  • Register a legal entity
  • Find the right room
  • Make repairs
  • Purchase equipment and machinery
  • Find staff
  • Start working

Stage/duration, weeks

Registration of a legal entity

Premises selection

Procurement of equipment

Recruitment

Beginning of work

In total, it will take 8 weeks to open a karting club. The longest stages will be the repair and purchase of equipment. First, the business owner must apply for registration legal entity- IP (OKVED "92.72 "Other activities for the organization of recreation and entertainment, not included in other groups"). Taxation system "income-expenses", 15%. As soon as all the documents are received, it is necessary to proceed with the selection of premises. To quickly find the necessary premises, it is necessary to collect the maximum information from aggregators commercial real estate in the Internet.


* Calculations use average data for Russia

1.Project summary

The goal of the project is to open a mini-karting track in the open air with a track length of 300 meters in a city with a population of 500,000 people. The karting track will be opened on an empty paved area of ​​one of the city parks and will operate during the warm season, focusing on customers of attractions located in the neighborhood.

Investments in the opening will amount to 1,701,000 rubles. Investment costs for the opening of the karting track are calculated based on the minimum required budget. The payback period of investments, given the start of sales at the beginning of the warm season, will occur in the second season of operation.

2.Description of the company

The goal of the project is to open a mini-karting track in the open air in one of the parks of the city with a population of 500,000 people. The karting track will be opened on an empty paved area left over from other attractions. The karting track will operate during the warm season (from early April to late October). The clients of the karting track will be the park's vacationers and visitors to the attractions located in the neighborhood. because of small area, which is available (about 2 thousand square meters), the karting track does not pretend to be a large scale and holding sports competitions: the length of the track will be only 300 meters, which is a small distance by the standards of karting tracks. The main service of the karting track will be the rental of karts for running races among park visitors.

The karting track will be managed individual entrepreneur who will be directly involved in the daily work of the karting track: organize sales, instruct customers, issue equipment. Also, track staff will be involved in the work, who monitors safety during races and a mechanic who repairs and maintains karts. The simplified taxation system (USN 6%) will be chosen as a form of taxation.

3.Description of services

The main services of the karting track will be the rental of karts for races lasting 10-30 minutes. The price for rental services will depend on the age of customers and the day of visiting the karting track. As additional services the possibility of renting a track for corporate races will be available. For more information about services and prices, see Table. one.

Table 1. List of services

Name

Service Description

Cost, rub.

10 minutes, child ticket. Weekdays

Rent a map, check-in 10 minutes. Mon-Fri. Children under 12

10 minutes, child ticket. Weekends

Rent a map, check-in 10 minutes. Sat-Sun, holidays. Children under 12

10 minutes, adult ticket. Weekdays

Rent a map, check-in 10 minutes. Mon-Fri. adults

10 minutes, adult ticket. Weekends

Rent a map, check-in 10 minutes. Sat-Sun, holidays. adults

30 minutes, child ticket. Weekdays

Rent a map, check-in 30 minutes. Mon.-Fri. Children under 12

30 minutes, child ticket. Weekends

Rent a map, check-in 30 minutes. Sat-Sun, holidays. Children under 12

30 minutes, adult ticket. Weekdays

Rent a map, check-in 30 minutes. Mon-Fri. adults

30 minutes, adult ticket. Weekends

Rent a map, check-in 30 minutes. Sat-Sun, holidays. adults

Check-in for the birthday boy

Check-in on the birthday, one day before the birthday, on the next day day after birthday (upon presentation of a supporting document)

30% discount

Organization of corporate events and celebrations

Holding corporate events, renting a track for races

negotiable

4.Sales and marketing

Due to the fact that the karting track will be located near attractions intended for both children and adults, it will be advisable to use karts various kinds. Adult customers will be offered karts with a 6.5 hp motor, children - children's karts with a power of 3-5.5 hp. According to the experience of other small karting tracks in the country, the so-called tandem karts, that is, double karts, will also be used. Thus, when choosing a fleet, all age groups pilots. At its core, the karting track will be an institution of a family format.

To attract customers, the karting center will use methods outdoor advertising(signs, signs in the park, posters, etc.). Also, information about the karting track will be posted on the park's website and in the created group on the social network, where news, photo essays, posts about karting, prices, work schedule, and more will be posted. Working with clients in in social networks will not require cash investments, which is especially important due to the seasonal nature of the business, and may be the responsibility of the karting track employees. Demand will be stimulated by holding contests of reposts in social networks with a drawing of subscriptions to free visit, quizzes, time trials during holidays/season opening, etc.

5.Production plan

The karting track will operate from the beginning of April to the end of October. The opening date of the season will directly depend on weather conditions. Working hours: daily from 10:00 to 19:00. Opening hours may vary due to weather conditions and park attendance.

A 2,000-square-meter area will be used to open the karting track. meters in the city park. The area will require partial repair of the asphalt pavement. Together with the improvement of the route, the creation of curbs, protective devices (car tires) and a small administration area, the cost of the work will cost 750 thousand rubles. In addition, you will need to purchase 6 good quality used karts, 2 new tandem karts, as well as other equipment.

Table 2 Equipment Costs

Name

price, rub.

Quantity, pcs.

Cost, rub.

Children's cards

DINO LEISURE Kart outdoor 200

Kart double-160

Equipment for visitors

other expenses

The cost of equipment does not include the cost of delivery from other cities of the country - it will be about 25,000 thousand rubles. To ensure the operation of the karting track, you will need to hire two employees of the track and an auto mechanic. The salary budget, taking into account deductions, will be at least 70 thousand rubles. In addition, in the main period, it will be necessary to invest in expenditure items the cost of renting a land plot, the cost of purchasing fuel and lubricants and broken parts for karts, and the cost of dry cleaning clothes.

With an attendance of 20 people per day and an average check of 400 rubles. for the season, the karting track will be able to generate income in the amount of 1,700,000 rubles. Considering constant and variable costs and tax deductions, profit can reach 128,000 rubles. per month. With such indicators, the karting track will fully pay for itself in the second season of operation.

6. Organizational plan

The opening of the karting track will require the implementation of several stages, including the registration of an individual entrepreneur, the conclusion of a lease agreement for a land plot, the creation of a track and landscaping, the purchase of equipment, and the hiring of personnel. The most favorable time for opening will be the beginning of the warm season, so the procedures preceding the opening should begin as early as January-February. At the initial stage, the responsibility of the administrator of the karting track will be taken over by an individual entrepreneur. In his submission will be track workers and a mechanic.

7. Financial plan

Starting investments in the opening of the karting track will amount to 1.7 million rubles. Cost items are presented in Table. 3. Indicators for planned revenue, profits and costs are given in Appendix 1 of this business plan.

Table 3. Investment costs

Cost item

Amount, rub.

Investments in real estate

Asphalt repair, track creation

Equipment

Purchase of equipment

Intangible assets

Registration, paperwork

Card shipping costs

working capital

working capital

Total:

1 701 000

8. Evaluation of the effectiveness of the project

The performance indicators of the project, calculated for a three-year period of operation of the karting track, are presented in Table. four.

Table 4. Project performance indicators

*with an average attendance of the karting track 20 people per day and an average bill of 400 rubles.

9.Risks and warranties

The advantages of the planned karting track include a low level of initial costs, as well as an advantageous location. The disadvantages include the small size of the track, the need to work with supported cards due to a limited budget and the high cost of new models, as well as open-air operation, which allows the track to be operated only a few months a year. And if the first factor practically does not affect the level of revenue, then the main risks of the project are associated with the last two (for more details on the risks, see Table 5).

Table 6. Assessment of project risks and measures to prevent their occurrence or their consequences

Risk

Probability of occurrence

The severity of the consequences

Prevention measures

Demand volatility/low margins

Breakage, failure of one or more cards

Buying good quality karts, hiring an experienced mechanic, having cash available as an airbag, having spare karts available

Accident on the track

Cooperation with an insurance company, conducting safety briefings, receipts from customers

Costs due to bad weather

Floating season depending on the duration of comfortable temperature, search for corporate customers to cover costs

10.Applications

ATTACHMENT 1

Production plan and main financial indicators of the project in a three-year perspective