Pyramid Engineering is an engineering firm that specializes in electrical, plumbing, fire protection and mechanical engineering. We provide engineering, design, and consulting services for government, educational and commercial facilities. We provide engineering services that are more cost-effective and result in better design and construction.
The targeted clients are architectural firms. The work targeted is divided into five categories: commercial, government facilities, education, health care, contractors and commercial. Pyramid’s competitive edge will be our knowledge of digital-based design resources. Superior customer service will also help differentiate the firm. A quality control program and assurance program will help to ensure that production is a priority.
Pyramid Engineering, P.C. The corporation was established as a Pennsylvania-chartered professional corporation. The company is privately owned by the four founding partners: John Lavoie, Tom Heasley, John Solarczyk and Eric Haugh, all licensed engineers, with a combined 90 years of experience in their fields.
Year 1 sales are anticipated to surpass $350,000. Year 2 sales will reach $400,000 at the end of year 2. This year will be the first year of profitability. Expected profits to rise significantly by Year 3.
The key challenges for the future include growing the client base and positioning the firm to have an even greater presence in the global marketplace.
This business plan outlines the objective, focus, and implementation of this firm. To maintain our cash flow for the next year, we are looking to borrow $26,000 more in short-term financing.
1.1 Mission
Our mission is to provide top quality professional engineering service for construction and related activities to a balanced mix of public and private clients. We aim to maintain high standards in client service, staff development and ethical practice, while still making a reasonable profit.
We are known for being an integrated engineering firm that is able to work with clients and extend our reach to the community.
We will be recognized for our design excellence, systems integration and commitment to sustainability. We will promote the idea of a greater unity between people, materials, and the environment through our designs.
We want to add value through innovation & creativity.
1.2 Objectives
Pyramid has identified the following goals:
- Revenues of $350,000 in Year 1 and close to $400,000 by 5 years.
- Achieve 10% of market at the end of the fifth year of operation.
- Reach profitability within three years.
- Five years to become a leader in engineering in central and western Pennsylvania
1.3 Keys to Success
Pyramid has identified key success factors that will make it possible to build a sustainable enterprise. The likelihood of success will be significantly increased if these keys are used.
- Excellence in the delivery of professional quality services within the agreed timeframe and budget.
- To increase visibility and generate business leads.
- Developing a follow-up strategy to gauge performance with clients.
- Implementing an assurance and quality policy.
- Profit from our collective experience and leverage it to create multiple revenue opportunities.
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