Electronic Engineering Business Plan


Electronic Engineering Business Plan


Rosafarbenes Nilpferd & Sons Engineering, Inc., established a strong foothold for a niche technology marketplace for Product Category One* products. The potential market demand is 180 million units and it grows at a rate of 22% each year. Recent growth in sales and profitability at RNSE are evidence of its success in this market boom. Sales are expected to increase by $280,000 from the first quarter of Year 1 and $1,600,000.00 by the end. They will also reach $14,000,000 by the end third year. Similar growth patterns will see before tax profits rise substantially by Year 1 and continue to increase through Year 3. These results can be achieved without the need to increase fixed assets. To support the growth of current assets, a small bank facility is required in the form a $150,000-$200,000 line of credit. Half of these will be prime corporate receivables.

*Note, Propriety and confidential data have been removed or disguised from this sample plan.

1.1 Objectives

Rosafarbenes Nilpferd & Sons Engineering is striving to be the best manufacturer of Product Category One products with the most advanced technology. The measurable objectives are:

  1. Complete work to ensure that RNSE’s products are compatible with at most five of the most popular operating systems in the first-tier (by month 5, Year 1) and at minimum three more within a year.
  2. Do a complete website redesign. Send a quality mailer out to 300 Value Added Resellers.
  3. A professional media analysis is used to create an advertising campaign in trade magazines that targets the telecommunications, instrumentation, and industrial automation sectors.
  4. Networking and partnership with technology manufacturers and operating system developers will allow you to arrange at least five banners/links with market-related websites on a reciprocal basis.

1.2 Mission

Rosafarbenes Nilpferd & Sons Engineering’s mission is develop cutting-edge Product Category 1 Solutions for Appliance and Equipment Makers who, due the fast pace technology, are under pressure get their products to customers quickly. RNSE does this by having a small &#8220:think tank-style technical team and outsourcing manufacturing. It also keeps a marketing offering that caters to the most demanding Product Category One needs, while leaving the simple, high-volume, price-sensitive market requirements to the competition.

Notice: Some proprietary and confidential information have been disguised or omitted in this sample plan.

1.3 Keys to Success

There is such high demand and huge growth potential that it is almost impossible to sell Product Category 1 devices. Here are some key elements to keep in mind.

  1. Contract manufacturing devices is possible provided there is a sufficient stock. Ordering sensitive components requires careful planning. To support long inventory periods, sufficient financing is required.
  2. Avoid excessively time-consuming questions originating outside of the targeted market. Technology is something everyone is interested. It is important that you sort through all the inquiries and only respond to those that fit within your sales and marketing parameters. This includes requests for between 100-1000 units and high-end sophisticated equipment.
  3. Build a reputation for high-quality reliability by moving quickly. The market need for Product Category 1 devices is potentially so large that more competitors can be expected. It will be difficult to establish an image in the future.


Engineering Consulting Business Plan


Engineering Consulting Business Plan


StructureAll Ltd. will be a consulting firm that specializes on structural engineering services. To reduce startup costs, a home office will be set up in Yellowknife (NT) during the first year. The founder of the firm is a professional engineer with eighteen years of progressive and responsible experience.

The founder, Philip Nolan, provided an initial investment towards start-up costs. Of this, more than half is required for start-up expenses while the balance is to to be placed in the company accounts as working capital.

The firm will focus on providing visualization and 3D modeling services to our clients. State-of-the-art analysis and design tools will be an integral part of the business plan. Implementation of a quality control and assurance program will provide a focus for production work.

1.1 Objectives

  1. In the first year, revenues were modest. However, they grew slowly over the next two.
  2. At the end the third year, the market value has reached 20%
  3. The third year of operation will see a significant increase in gross margin.

1.2 Mission

Our mission is to provide structural engineering services to clients in Canada’s North, for all types, starting from concept planning to completion. We have a highly skilled professional team that uses common sense and practical experience.

1.3 Keys to Success

  1. Professional quality services delivered on time and within budget
  2. To gauge client performance, develop a follow up strategy.
  3. Implement and maintain a quality control and assurance policy.


Engineering Business Plan


Engineering Business Plan


Introduction

Compton Geotechnical Associates Inc., (CGA), will provide innovative solutions to geological engineering service throughout Maine.

CGA will expand its reach into the limited geographic area, where it can use its staffs’#8217 collective reputation to secure long-term contracts that are centered on cost efficiency and excellent service. We believe that our limited market can be served better than larger businesses and we offer better packages at a cheaper price than similar-sized competitors.

The Company

CGA will be a Delaware limited liability partnership for tax purposes. Its founder is Mr. Martin Compton, an ex-head of Wilson and Brown, Inc.’s engineering geology department. He has assembled a respected group of engineers, geologists, and graphic artists who have combined 35 years of industry experience.

The company does not plan on going public and has only limited private investors. The company has its main offices in Augusta, Maine. The facilities include a soil/rock and water testing lab, conference rooms and office spaces. The company will start offering its services from January 1, 2011.

The company’s major clients will include large construction companies as well local and state governments. By focusing our attention on institutions with special requirements, we believe we can better serve clients and produce a superior geo-engineering service that is more efficient than other firms.

The Services

CGA provides comprehensive geo-engineering services for our clients. Our services fall into two main categories of geotechnical engineering services and construction monitoring/laboratory testing.

These services include slope stability analysis, surface and groundwater evaluations, bluff analyses, laboratory analysis for soils, rocks, and groundwater as well as load testing and settlement analysis. Each project is customized to our client and its scope, length, depth, reach, and cost are unique.

The Market

This market is full of potential, especially because many potential customers are required to perform geotechnical surveys and monitoring prior to construction.

For the past twenty-years, the industry of geoengineering has experienced rapid growth. The industry has grown at an average rate of 22% per annum over the last five years, according to the Journal of Hydrology & Geoengineering. Each of the handful of well-known companies is made up of thousands and smaller consulting organizations. These companies range in size from multinational corporations with a strong brand to small local businesses that employ tens of thousands.

Financial considerations

Start-up assets required are [see Start-up table]. This includes expenses (see Start-up Table) and cash to support operations until revenues are acceptable. The majority of the company’s liabilities will be sourced from outside investors and management investment. However, we have [see Start-up Table] current borrowing from Bank of America Commercial Investments. The principal will be paid off within two years. Charter Bank of Augusta has a long-term mortgage of [see Start up Funding tableau] that will be paid off within ten year.

The company anticipates reaching profitability in the first year and doesn’t anticipate any cash flow problems. The average profitability per segment per month will be $8,000. This is our conservative estimate. We expect that about three projects per month will guarantee a break-even point.

1.1 Objectives

Compton Geotechnical Associates (CGA), has the following three year goals:

  • Breakeven in year two
  • At least four clients should be signed up for long-term agreements.
  • To establish long-term relationships, and to promote word-of–mouth marketing, you should aim for a minimum of 95% customer satisfaction.

1.2 Mission

CGA’s mission is to offer innovative geological engineering services, and to establish long-lasting relationships with clients. We provide excellent services in a timely manner and at a cost-effective price.

1.3 Keys to Success

These are the keys to CGA’#8217’s long-term survival, and profitability:

  • Create long-term contracts that demand constant monitoring or on-call services.
  • To maintain a close relationship with clients and to establish a long-lasting, productive relationship with them in order to generate repeat business.
  • Provide a complete service experience for clients that includes consultations, field work and laboratory work. We also offer in-house design and analysis. This allows us to monitor geo-hazards and provide follow-up monitoring.

    • Architectural Engineering Business Plan


    Architectural Engineering Business Plan


    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:

    1. Revenues of $350,000 in Year 1 and close to $400,000 by 5 years.
    2. Achieve 10% of market at the end of the fifth year of operation.
    3. Reach profitability within three years.
    4. 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.

    1. Excellence in the delivery of professional quality services within the agreed timeframe and budget.
    2. To increase visibility and generate business leads.
    3. Developing a follow-up strategy to gauge performance with clients.
    4. Implementing an assurance and quality policy.
    5. Profit from our collective experience and leverage it to create multiple revenue opportunities.


    Construction Engineering Business Plan


    Construction Engineering Business Plan


    Indonesia EEC (U.S. Energy Engineering & Construction) is a subsidiary company that offers services such as engineering, design and procurement, construction and project management, environmental consulting and management consulting, quality assurance, quality control, information management and operations maintenance and process technology development.

    U.S. EEC’s management wants Indonesia EEC to deliver a good financial performance. Indonesia EEC, as a subsidiary company of U.S. EEC set the following objectives for products and services related to EPC power generator and power delivery projects.

    1. Ensure customer awareness throughout the planning period.
    2. Establishing a joint venture with a local company that has extensive experience in EPC power projects can reduce competition and risk while also lowering prices.
    3. Pursuing not only EPC prospects, but also BOO, BOT, BLT, B&R, and ECC prospects.
    4. EEC uses the joint venture firm as its main entity to do business with Indonesia and to provide all aspects in energy engineering services.

    2.1 Company Ownership

    Indonesia EEC was formed as an Indonesian Perseroan Terbatas (PT.). Corporation based in Jakarta (Indonesia) under the Foreign Investment Laws of Republic of Indonesia. The company is owned entirely by the Energy Engineering & Construction company of U.S (U.S. EEC).

    2.2 Company History

    EEC has been established in Indonesian markets since the 1980s through the opening and operation of a representative office. It saw the need to establish a presence in Indonesia as both a local business that can meet the needs of potential customers and its longer-term, larger U.S. customers who invest in Indonesia and the Southeast Asia Region.

    Indonesia EEC was created in 1996. The U.S. EEC owns all shares in the company.

    Past Performance
    1996 1997 1998
    Sales $50,000,000 $65,000,000 $87,500,000
    Gross Margin $23,000,000 $29,900,000 $40,250,000
    Gross Margin % 46.00% 46.00% 46.00%
    Operating Expenses $4,800,000 $4,850,000 $4,645,000
    Collection Period (days). 72 63 63
    Balance Sheet
    1996 1997 1998
    Current Assets
    Cash $15,000,000 $19,500,000 $26,250,000
    Accounts Receivable

    $6,112,981 $7,946,875 $10,697,716 Other Current Assets $525,931 $683,710 $920,380 Total Current Assets $21,638,912 $28,130,585 $37,868,096 Long-term Assets Long-term assets $710,837 $924,089 $1,243,965 Accumulated Debreciation $0 $0 $0 Total Long-term Assets $710,837 $924,089 $1,243,965 Total assets $22,349,749 $29,054,674 $39,112,061 Current Liabilities Accounts Payable $2,478,188 $3,221,644 $4,336,828 Current Borrowing $0 $0 $0 Other Current Liabilities (interest-free) $0 $0 $0 Total Current Liabilities $2,478,188 $3,221,644 $4,336,828 Long-term Liabilities $0 $0 $0 Total Liabilities $2,478,188 $3,221,644 $4,336,828 Paid-in Capital $1,996,500 $3,295,460 $4,743,900 Retained Earnings $116,967 $952,048 $1,781,333 Earnings $17,758,094 $21,585,522 $28,250,000 Total Capital $19,871,561 $25,833,030 $34,775,233 Total Capital and Liabilities $22,349,749 $29,054,674 $39,112,061 Other Inputs Payment Days 30 30 30 Sales on Credit $31,098,365 $40,427,875 $54,422,140 Receivables Turnover 5.09 5.09 5.09

    2.3 Locations of Company Facilities

    The office is located downton Jakarta in Indonesia. The office is conveniently located near the airport and allows for the company to expand. Indonesia EEC occupies approximately 800 square meters, with offices in each department.

    Computer Engineering Business Plan


    Computer Engineering Business Plan


    Todd, West, and Associates specializes in modifications to inventory management systems of all types. The company’s connectivity and network engineering expertise assures a complete wireless solution to warehouse management issues. Todd, West, and Associates brings over 15 years of industry experience to the ADC(Automated Data Collection).

    The staff of Todd, West, and Associates were previously employed by major companies in the industry that provided special wireless modification services for customers before starting this new company. Two of the industry’s leaders, CDS and Symbol, have already outsourced special modification orders to Todd, West, and Associates because of their unique perspective.

    1.1 Objectives

    These are the objectives of Todd, West, and Associates:

    • Position the company as a leader for warehouse wireless connectivity.
    • Every year, increase your client base by 20 percent
    • Create packaged solutions for warehouse management.

    1.2 Mission

    Todd, West, and Associates’ mission is to help customers improve their warehouse management systems. The improvement, modification and/or expansion of the warehouse data infrastructure will ensure that the business runs efficiently and smoothly.