EXECUTIVE SUMMARY
Bring Back is a new, Florida-based company, it owns and operate a cryptocurrency mining farm and it has plans to expand. The company will target SMEs from all over the world and provide them with a one-stop-shop for cryptocurrency mining, hashing, and consulting services. These services will not only meet the needs but also exceed the expectations of consumers.
The Market Opportunity
§ The rise of crypto as a payment currency has opened up several opportunities for online payment systems.
§ Also, the West African country, Ghana, has become the fastest-growing mobile money market on the continent.
§ The current number of unique active users of cryptocurrency wallets is estimated to be between 2.9 million and 5.8 million.
§ Overall, the increasing cryptocurrency adoption and the growing total market capitalization have created a strong demand for cryptocurrency mining services.
The Market Growth
§ The global cryptocurrency mining market will grow at a CAGR of 29.7% to reach $38.38 billion by 2025, while the cryptocurrency industry will expand at a CAGR of 5.25% during the same period.
§ The global blockchain sector will generate a revenue of $57 million by 2025.
Required Funding
To secure the start-up funding of $2,000,000.
Competitive Edge
The following factors will make us stand out in the market:
§ Having the state-of-the-art mining farm
§ Working with an experienced, qualified, and professional team
§ Offering bespoke solutions at reasonable rates
§ Providing an unmatched level of customer support service
Business Overview
Introduction
Business (Legal) Name | Bring Back, LLC | Year of Incorporation | 2019
State of Incorporation | Florida | Mining Farm Location | Fort Lauderdale, Florida
Legal Status | Limited Liability Company | Ownership Structure | William Gary Jr. -
25%, LaTanja Gary - 25%, William Gary III - 25%, and Investors - 25% | Website | TBC
Core Values
§ Complying with the Rules and Regulations of the Industry
§ Honesty and Integrity in Operations
§ Professional Service Delivery
§ Maintaining High Standards of Client Satisfaction
§ Focusing on Business Growth
Start-up Summary
Startup Costs | Amount | Fixed Assets: |
Depreciable Assets | $37,000
Long Term Assets | $1,100,000
Current Assets:
Cash | $851,000
Expenses:
In Ghana for 2mos/3-Staffers | $12,000
Assets to Fund | $1,988,000
Expenses to Fund | $12,000
Total Investment | $2,000,000
The Management
Name | Designation
William Gary Jr. | CEO
LaTanja Gary | CFO
William Gary III | Engineer
Products and Services
We will offer the following:
§ Cryptocurrency Cloud Mining Services
§ Cryptocurrency Cloud Hashing Services
§ Consulting and Advisory Services
Return On Investment:
The focus of this business plan is to secure an investor for the startup of BBLLC - Bitcoin Mining Farm®. We require $2 Million for the first year. That $2 Million will be used to secure property and setup the Farm, order product equipment, office equipment and supplies, hire key personnel and can launch the business as soon as possible. At the end of year two the investor will receive their $2 Million investment back with a $1 Million in interest.
Projected Financial Information:
Year Revenues Operating Profit
Year 1 | $2,800,000 | $700,000
Year 2 | $9,600,000 | $7,600,000
Year 3 | $14,400,000 | $12,400,000