This plan provides investor information, including the basic strategic plan information needed to start and run JTB Integrated Technologies. JTB’’s Integrated Technologies Division, a sub-corporation, of JTB Technologies, Inc., a major holding company. JTB Industrial Sales and JTB Products and Services are the other divisions. The three divisions will be closely integrated and share common staff. However, the following plan outlines the Integrated Technologies Division.
JTB Integrated Technologies, Inc., a corporation created under the laws the commonwealth law of Louisiana, will be formed in February. The company’s main location will be in Richfield, Louisiana.
JTB’’s Integrated Technologies Division develops and supports a full range of P.C. based software applications. Additionally, JTB will develop and support ad-based Internet marketplaces, online magazines, custom-developed commercial websites, and other hosted business products tailored to the Industrial marketplace. The Integrated Technologies Division will create these applications by using JTB’s Industrial Sales and Industrial Products Divisions to test them and provide marketing referrals for live product demonstrations.
These managers have been vendors for these companies for twenty years and have found a niche helping businesses with product presentations, customer management and job costing. The majority of businesses in this industry use different software and databases for managing internal vendor information and external customer request management. After our products are installed online, the pre-sales order processing and order processing will continue as usual. This will allow the businesses to make use of the applications to expand into new markets and sell their products and services through our distributor partners. Integrated businesses will now be able to offer products and/or services to their other partners. There are also opportunities for them participating in larger contracts. With high-end software and servers in place, these businesses can easily extend larger clients’ inventory, order tracking, and engineering information, filling in the gaps left by larger systems contracts. JTB’’s Integrated Technologies Division will act as a support partner for the business applications.
Mitchell R. Jeremy is responsible for overseeing product design and development as well as integration and company management. Rachel Jeremy is also part of this management team. The management team will also be supported by a team-oriented, customer-focused staff consisting of Mitchell R. Jeremy, Rachel Jeremy, and our in-house developers. Our in-house software application developers will create and manage our websites. JTB Integrated Technologies, Inc. retains the services of a CPA firm for professional company audits, tax preparation, payroll, and business consulting to assist with setting achievable long-term strategic goals.
JTB Integrated Technologies, Inc., based off the current prices within the Industrial Marketing Products and Services industry, has the potential to generate $220,000 in sales in its first 18 months. A revenue growth rate of nearly 30% annually is possible with good management. The projected ratios at Fiscal Year 3 are solid.
Each investor’s equity will be determined by the amount of his or her investment. You can find a more detailed discussion on Ratios in the Financial Plan section. Within 48 months, we expect the business to be able attract additional investment and be able pay its initial investors.
1.1 Objectives
JTB Integrated Technologies’ main objectives are to create and support:
- Inventory sharing technology systems and software for vendor relations.
- Purchasing and order management technology systems.
- System for job costing and quote management.
- Website-based Ecommerce sites and systems.
- LAN and wireless Intranet systems that support sales, marketing, or engineering.
After developing these products, we will bring these applications into the market using our business as the test bed proving their worth, and then resell this technology and its required support services.
Success Keys 1.2
1.3 Mission
JTB will support and develop only the highest quality products and services. With this goal as our main mission, we will integrate our products into the metalworking market. Our software products can be used as both a procurement resource and an engineered selling resource. With our high-quality Internet-based marketing websites, customer management tools and other services, clients can expect positive results as well as long-term growth.
JTB’s Products and Services Division is used as a prototype and test bed for our P.C. based business development software. JTB will provide mid-sized corporations with innovative ways to cost-effectively manage external vendor and customer transactions. Job costing and purchasing can be done online. Project management will also be streamlined, resulting in continual savings for those who use our products and services.
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