Trestle Creek Cabinets, a cabinet business, will be established to specialize in custom cabinets. They are available for residential, commercial and resort customers. Its founders have extensive construction and cabinet industry experience. Trestle Creek Cabinets is part of Trestle Creek, Incorporated, a construction firm that shares staff, office spaces, and administrative costs. Trestle Creek Cabinets will still be considered a separate company for business planning purposes.
After many years of involvement in the construction of luxury homes the owners of the company saw a need to create a line of cabinets that offers a wide range of design options, high-end finishes and top-of the line organization, quality, and customer service. Trestle creek Cabinets will fulfill these customers’ requirements. The company is building a strong market presence in the high-end residential and resort development segments. Revenues are expected to rise substantially between FY1 & FY3. The company anticipates making handsome net profit by FY3 with a gross margin average of over 25%
The capital was provided by the company’s owners to pay for the initial expenses. The company currently seeks a 3-year commercial loan to cover the operating expenses.
1.1 Objectives
The company objectives are:
- To be a top cabinet supplier to luxury homes in the regional market.
- Revenues exceed Year1 levels by year end
- Target 70% in high-end residential customers segment.
- 20% of residential sales are in the mid-range customer segment.
- 10% of sales will go towards commercial development.
- To have a showroom within 3 months in a prominent retail space.
1.2 Mission
To deliver a high-quality product on time, within budget and with minimal errors.
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