Fulham Furniture Mfr. Since discovering high-end Direct Mail channels, Fulham Furniture Mfr. has experienced rapid growth. We were encouraged by our appearances in specialty catalogs and were able develop an additional channel through distributors who sell office equipment directly to larger companies.
This annual business plan calls for another three years of accelerated growth. Because our sales growth has brought some working capital implications, we are carefully planning to manage growth and provide for steady cash flow.
We also anticipate to be financially sound like never before. All in all, we see this as a healthy company, with strong growth prospects. We plan to manage our orderly growth in near future.
1.1 Mission
Fulham Furniture Mfr. Fulham Furniture Mfr. helps to create productive and pleasant office environments by incorporating new technology into the traditional office mode. This allows real people to work comfortably. We care about the appearance and feel of fine wood, fine furniture, and high-powered personal computers. Customers who are concerned about high quality offices will find us to offer the best value. We also create and nurture a healthy, creative, respectful, and fun office and workshop environment, in which our employees are fairly compensated and encouraged to respect the customer and the quality of the product we produce. We aim for responsible and fair profit to ensure the company is financially viable over the long term. This also allows us to fairly compensate our investors and owners for their investment and their risk.
1.2 Keys to Success
Uncompromising commitment towards the quality of the final product: quality wood and workmanship, quality design, quality result.
Niche marketing can be successful: We must find quality-conscious customers in the right channels. Customers need to be able to find us.
Assembly that is almost automatic: Although we cannot afford to ship desks fully assembled, the assembly should be so simple and automated that the customer feels better about the quality of the product, not worse.
1.3 Objectives
To increase sales significantly by Year 3, focus on new channels
Despite an increase in sales, you should maintain a high Gross Margin.
In Year 3, increase net profit/sales ratio proportionally
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.
Since 2007, Jean’s Tofu Delight has been a popular product brand in Richmond. The company’s tofu pate has grown in sales by 15% each year, for the past three years, and is now available in over 100 store outlets in the greater Richmond area. Jean’s Tofu Delight will be selling $580,000 this year. This was made possible by a $100,000 investment.
Jean’ s Tofu Delight intends to expand its business to include distribution to retail stores in the northwest. Most of the expansion will be funded by owner financing and internal cash flow. The company will also receive a $100,000 short term loan. Sales projections for the next three years are based on current sales success with the target customer base in Richmond. Initial contacts have been made with retail outlets throughout the state and the potential target markets have been identified.
This will allow sales revenues to grow to $1.1million by the end year 2.
1.1 Mission
Jean’#8217s Tofu Delight’’s Mission:
Quality: Our tofu pate products are the highest quality, most nutritious food products…because we will accept nothing less.
Innovative. Our products have always been at the forefront for the health and nutrition industry. We are proud of our achievements in the past and the future thanks to innovative products, state-of-the-art manufacturing, quality control, and industry expertise.
Integrity – Our customers rely on the quality and safety of our tofu products. Jean’, Tofu Delight’s customers trust us because we are committed to the highest standards. The ability to deliver freshly made tofu pate directly to customers depends on the cooperation between suppliers and retailers. We stand behind the quality of our products, our services and our word.
1.2 Objectives
Jean’s Tofu Delight’s objective is to:
Create a regional sales staff.
In Year 2, increase sales in the five metros of the region.
Ensure tight control over costs and operations during expansion.
SAFEassure, LLC, designed a product that gives managers an affordable, quick, and easy way to keep track of employee hand washing. Proper hand washing is a preventative measure that can be used to eliminate communicable illnesses.
Poor hand washing results in more than 130,000 American deaths every year from the spread of communicable diseases to other people in restaurants, daycares, and hospitals. (More than AIDS combined). Studies have shown that proper handwashing in these settings could reduce spread of disease by up 75%. This problem is mainly due to the inability of supervisors to supervise and manage employee handwashing. Existing products do not offer affordable and effective ways to enforce hand washing standards. Each year, Americans spend over $95 Billion on preventable diseases. (www.webmd.com)
SAFEassure, LLC, the first producer, has proven that soap can be used to wash hands. After washing occurs, the unique dye in our soap remains on the hands and fades to the skin’s natural color in under six minutes. This would allow supervisors to conclusively verify at a glance whether hand washing has taken place. This product is unique in that it offers such high standards of sanitation compliance. This soap is safe and conforms to all FDA regulations.
The Market
Day cares are the best place to start our product. Hospitals and restaurants have a huge market for it. Day cares are a great market as they have a strong interest in reducing disease transmission among children and parents. Family Practice News says that daycare centers are “sophisticated little germ factories,” exchanging bacteria and virus with the mere touch of a hand or sharing a toy. Many of those bugs spread to home, where they can infect others.
SAFEassure, LLC’s founding team is strong and the board of advisors are experienced. Jack Soap is our primary advisor and has twenty years of industry experience. He also has a network of relationships that will help accelerate the product’s market penetration. SAFEassure, LLC plans to outsource soap production to an existing soap producer. The executive team will first target the Portland Metro area and eventually the greater Northwest using direct sales and existing distributor channels to penetrate the market. Initial capital will be used to patent, approve, produce, market, and support the operation of SAFEassure for the first year.
SAFEassure, LLC will use three simple strategies to reach our goals of growth.
With a unique product, you can take advantage of the first mover advantage in a highly fragmented industry.
Develop a strong branding campaign to build awareness, positive perception and sales of our products within our target markets.
Continue to develop products that meet the ever-growing needs of our customers.
Based on detailed financial projections, SAFEassure, LLC will require $250,000 in start-up capital, but will generate positive cash flow in October, Year 1. The company will have $850,000 in sales by Year 3. It will also be making a significant net profit. SAFEassure, LLC provides investors with a company that has significant growth potential, but is also stable in terms of revenue generation.
Mission
Our mission is to create value for customers and shareholders by continually improving health and reducing preventable illnesses through the use of our soap.
Keys to Success
To promote SAFEassure’s products and establish its standard for hand washing compliance, this campaign was a first-mover branding campaign.
Patent protection protects our time sensitive dye and product idea from other competitors.
Complementary relationships with organizations interested in increasing hand washing compliance.
Objectives
By February 1st, create a complete prototype that meets regulatory standards
Be the specialty soap of choice in Northwest day cares by December Year 2.
By the end of year 6, sales will have reached $5 million
Although the scrap tire recycling industry has existed for many years, it is still in its initial stages. Less than 20% of all scrap tires are processed. About 10% of the scrap tires are used for power generation. But, air quality is always a concern because scrap tires, just like coal, are a dirty fuel. About 4% export our scrap tires to countries where the casings can be used in retread machines or the tires are sold as they are. Currently, about 2% of our scrap tires can be processed into crumb Rubber and used in modified rubberized asphalt applications. This creates a durable and longer-lasting asphalt surface.
Scrap tires are a health hazard as they provide food for rodents, snakes and mosquitoes. This problem is serious, as scrap tires are generated in the USA annually at around 250 million. There are currently piles that amount to between 2-3 billion.
ATP-Advanced Technology Pallets a Nevada Corporation (ATP), is proud to present its unique and patented product the RST-PAL Pallet, a new pallet made from recycled scrap tire rubber. The #8220> RST-PAL Pallet provides an alternative to wooden wooden pallets. RST PAL Pallets could be serial numbered or bar-coded in order to make it easy to track and retrieve them so they can be used repeatedly over many years.
Dan Radke, the inventor of the RSTPAL pallets, has given ATP the patent rights (to the USPTO USPTO #08/680,476) to continue manufacturing and marketing them around the globe.
OUR MISSION
To provide durable, cost-effective and economical pallets to all industrial and manufacturing sectors.
THE EXISTING PROBLEM
The life cycle of plastic and wood pallets is extremely short.
Wood pallets can break, and they need to be repaired or replaced every few trips.
Wood absorbs liquids, gains weight, breaks and splinters, and is difficult to clean.
Industries demand more durable and long lasting pallets.
It is a potential environmental hazard to have scrap tires stored.
Current pallets made of wood, are consuming over 3.5 million trees annually.
THE SOLUTION
Pallets made from RST-PAL are more affordable to purchase and maintain.
RST-PAL pallets have a greater durability and are indestructible.
RST-PAL pallets can support 15 times the load of a similar wooden pallet.
RST-PAL pallets can be stacked, stacked, and are more durable and last longer.
RSTPAL pallets can be unique. They are made from recycled rubber scrap tires and include a new patent process that involves rubber, recycled plastics, as well as a binder.
RST-PAL Pallets are guaranteed for many years.
RST-PAL pallets have no competition worldwide.
TECHNOLOGY, PROCESS
The materials process as well as the manufacturing of pallets were based on an USPTO 08/680.476 patent.
International (PCT), Patent protection filed.
Machines for production lines are available and have been sourced.
There are many raw materials that can be found and easily sourced.
Flexible production lines enable the construction of various sizes of pallets, while ensuring high quality and yield.
Product is ready for production. Qualification and R&D are complete.
Modular capacity allows for rapid manufacturing expansion.
Factory is environmentally “clean” with no waste stream.
Prototypes have been built, tested, and qualified.
THE SALE
The U.S. consumes 800 million pallets annually (National Wooden Pallet and Container Association. NWPCA).
RST-PAL pallets have the lowest life cycle cost compared to wood, aluminum, and plastic.
There are many options for Global Pallets-leasing.
Marketing must focus on both closed or open loop distribution systems.
International markets and licensing opportunities for internationally protected patents
U.S. Government Agencies and Contractors.
The U.S. government requires that product replacements be made with recycled products before they are used up.
MARKET QUOTATIONS
“Quality, reusable multi-trip pallets instead of poorly constructed single user pallets” is needed ASAP. (Reference: NWPCA)
Contractors doing business for the government are required by law to purchase “ ” & “.
Products containing recycled products are first. (Reference: President Clinton Executive order)
SALES
Prototypes were evaluated by different industries, including military and government agencies with positive feedback.
Potential sales subject to investment and production ramp-up
Environment incentives for certain markets (Government Sub-Contractors).
All licenses, permits, governmental agencies acquired and in support of project.
PALLET COST COMPARISON – OVER FIVE YEARS
You can save substantial money by using RST–PAL pallets. (See Topics. 4.2. and 4.3.1).
INVESTMENT REQUIRED. USE OF FUNDS
$6M investment for 35% ownership estimated to reach profitability within 12-18 months.
The dividends will be divided at 50% for the shareholders from the second year onwards, provided it does not impact the expansion. The remaining 50% will be dedicated for growth.
Funds raised can be used for plant establishment, operations, marketing, and sale.
With two production lines, the first year will produce 1,137,000 units with a projected net profit exceeding $8 million.
INVESTOR DISCUSSION
Projections show the return on original investment in less time than two years.
Based on five years of net earnings discounted to present value, it is estimated that the valuation was approximately six times.
Five years of projected net earnings with a 25% discount (incl. Present Value of five years of projected net earnings at a 25% discount (incl.
Reaching less than 1% of the market share with five plants within five years.
Projectioned revenue: $402 Million
Projected net profits (before taxes) approximately $178 Million
Strong and professional Management Team with highly skilled consultants.
Alternative exit strategies are: (a), IPO in two years;(b) Acquisition; or (c) Private ownership, with a long horizon to profits.
‘#8212’ RST-PAL Pallets MANUFACTURED OUT RECYCLED SCRAP TIRES
HELPING TO CLEAN UP AMERICA’S SCRAP TIRES
1.1 Mission
ATP is a manufacturing and marketing company dedicated to providing to all industries cost effective and durable pallets made from recycled scrap tires. The product and manufacturing process are protected by patents worldwide.
Pallet users include both companies and individuals who use pallets for main distribution. They want a pallet that is more durable and lasts longer than wooden pallets. According to the National Wooden Pallet and Container Association, a wooden pallet can be used for one to two trips before it needs to be replaced or repaired. Due to their short life cycles, pallet users must purchase pallets more frequently.
Stockpiles of scrap tires throughout the United States pose a serious environmental risk. They provide habitat for rodents and insects, as well as a potential fire hazard.
ATP will reduce risks from scrap tire stocks and will conserve some of 3.5 million trees annually harvested to produce wooden pallets. ATP will locate its manufacturing plants in rural towns, near large metropolitan areas, where employment is needed the most.
ATP will make profits and give excellent returns to its investors, while financing aggressive growth to increase production every year. ATP will maintain a fair and friendly work environment that values diversity, product improvements, hard work, and fairness.
1.2 Objectives
Two production lines to be established at the Stamford, Texas plant. This will allow for the production of 1.2 million pallets annually.
For years 2-5, to increase production by opening two more lines of production every year.
Target market share at 0.15% for the first year of production and to 0.75% by the fifth year. 800 million pallets are produced and sold each year in the U.S.
One year projected market shares of 0.15% are expected to result in net profits of $8million (before taxes), and 0.
Net profits of $66million will be achieved by 75% of the market share for year five. Accumulated profits (before taxes) are projected to be $173 million for the first five years of production.
ATP will exploit America’s urgent need to find solutions for its scrap tire issues and establish plants at different locations.
License agreements can be used to develop foreign markets, particularly in Europe and Far East where there are similar problems with scrap tires.
1.3 Keys to Success
These are the main reasons ATP is a success:
A pallet market exists in the United States that is currently worth more than 800 million pallets annually. It is estimated that about 60% of all pallets in the United States are hardwood. These are ATP’’s most targeted customers.
RST PAL pallets have lower lifecycle costs than either wooden or plastic.
RST PAL pallets are protected by patents, can carry over 15 times the weight of wooden pallets, and are almost indestructible.
For years, RST-PAL pallets will be guaranteed
Pallets have been around for a long time and are therefore a very well-known, essential product. It is not necessary to create a new product in order to get into the market. RST PAL pallets don’t represent a new product. However, they are far better, more durable and more long-lasting than other similar products on the market. The advertising and marketing costs will remain low as the RST-PAL pallets are introduced to pallet users through trade shows and conventions, with ATP’s sales representatives located in targeted marketing regions. Dallas/Fort Worth is the first targeted marketing area, located near Stamford, Texas.
The U.S. government has issued an executive order requiring all government agencies and contractors to ‘#8220buy recycled before”. This includes the Department of Defense as well as the Department of Transportation. ATP will target federal and state agencies to market RST-PAL pallets.
RA Concepts is determined to succeed in securing start-up funding to allow the Southern California region to become a golf club manufacturer.
RA Concepts will fulfill the ever-growing demand for innovative technology in golf. The initial product offering of the company will be the D-style featherweight putter. Three other designs will follow within the first year.
Because it is light and can be customized in multiple colors, the “D” style will likely become very popular among female golfers. The technology of the material used, along with the accuracy of the club will allow us to satisfy the avid golfer looking to put her personal “stamp” on a club that improves her game.
Our technology allows for us to do things that traditional manufacturing cannot. We can produce custom clubs for any customer within three working day and ship those clubs to them. Traditional factories with outdated technology can’t produce stock clubs, let along custom clubs, in under four weeks.
All clubs will be compliant with USGA regulations. The USGA has already approved the design #8220D8221.
Our clubs will be promoted to end-users, as well to retail golfing supply shops. Pro shops and high-end prestige golf retailers are our target market. We offer additional incentives for female customers. This allows us the opportunity to showcase our club in more than a thousand stores and shops across America. This network will enable us to quickly enter the golf market.
1.1 Mission
RA Concepts is dedicated to offering customers the quality and customization that they require. We will make clubs that are more accurate, lighter, and stylish than traditional ones, while adhering to USGA regulations.
Technology will be used only to improve our products. No changes will be made to the appearance or performance of the club. Part of our mission is to prove to retailers and golf club manufacturers that new golf technology will outperform old, more traditional manufacturing methods. We will prove that the future of golf manufacturing lies with high-tech innovations in materials and design, not in standard mass production.
1.2 Keys for Success
RA Concepts’ keys to success will include:
Its product range is high-quality.
To maintain and grow its referral network to generate repeat and new sales.
Large investments in engineering, research and development are made with the intention of focusing attention on new technology.
1.3 Objectives
Acquire 1% of the sales across the United States and 1/2 % of the world wide market for putters.
To include all golf clubs in the product line, increase production.
By Year 2, increase your net profit by a healthy and steady percent of sales.
The $12 billion furniture industry is in production and sales. The industry’s primary focus is on wealthy customers who can spend up to $3,000 on furniture. In Richmond, there are fifteen furniture stores that are competing for these customers with deep pockets. Those customers who can’t afford these high prices are left with a poor selection of inferior products.
Richmond Metro has around 50,000 residents living on modest incomes who don’t have access to quality furniture shops to help them. The area furniture stores have not responded to the growing population of people with low incomes over the last five years. Targeting customers of modest income is a smart business move. They are expected make up half of the metro population by 2023’#8211; this makes them the fastest-growing segment in the city’s housing market.
Richmond has three housing renovations for modest income that are currently in progress. Together, they will produce 1,500 units which will be used as affordable housing.
The House of Pine is offering ready-to–finish, customized pine furniture in the Richmond Metro region. The furniture will be handcrafted and extremely affordable. We offer:
Truly Personalized Furniture: Custom-made furniture for customers. We’ll customize any piece or create a whole new piece from a customer’s rough sketch.
Heirloom Quality Furniture This furniture can last for generations. Each piece of furniture is handmade, making each one unique.
Handmade from Quality Pine. Every piece of furniture is handmade by professional craftsmen using the finest pine. Every piece made from pine is thoroughly checked for any imperfections in texture or grain before being used.
1.1 Mission
The House of Pine’s Mission is simple. The customer gets what they want; furniture (either one or all) that matches their space, taste, budget, and style preferences, from top to bottom.
1.2 Keys to Success
These are the keys to success for The House of Pine:
Provide quality furniture for our customers that is affordable and durable.
Customers can customize any piece they want.
If customizing a piece doesn’t work out, you can make a new one from scratch to meet your needs.
The disposable nappy, an invention that revolutionized the baby care industry, exists today as a practical solution to the problem of dirty, smelly, wet baby bottoms throughout the world.
We are poised for a lucrative entry into a rapidly growing market. The current population fertility rate estimated at 4.2 children1, and increased admissions in hospitals and clinics presents an opportunity for Baby Nappies World to enter and penetrate the baby nappies and sanitary pads market. Baby Nappies World is poised to take advantage of this growth rate and minimal local competition, with a dedicated and experienced staff, excellent order procurement, and effective management and marketing. The initial intention will be to provide nappies and sanitary pads to institutions and organisations including hospitals and wholesalers throughout Botswana.
Initial plans call to produce approximately 300 diapers each hour 5 days a weeks, using an 8 hour day. This would allow us to produce a total 48,000 diapers every month. As we improve our production efficiency, this number should increase to around 56,000 per month. This is for diapers only. However, we plan to make sanitary pads in an order-based manner.
We know that to be successful in this highly untapped market, it is necessary to be flexible, responsive, and to delight customers by providing what they desire, at the right time, in the exact quantities. Our main goal is to build and strengthen our market presence, which will be made possible by the environment in which it operates.
Our marketing strategy is based on ensuring customers know about us and the products we offer. Hence our intention is to make the right information available to the right target customers. This will be achieved by implementing market penetration strategies that will ensure we are well-known, respected and valued in the market. We will ensure our products are priced at a competitive rate to those in South Africa and that all potential customers are satisfied with the quality of our products. However, the prices we charge will also take into consideration the cost of production and distribution so as to ensure that we remain viable and operational. We appreciate the fact that the majority of wholesalers and intermediaries that order our products perceive South African products to be of higher quality and reliability. This will force us to market our products aggressively and to provide excellent customer service to our clients to ensure a long-term relationship.
Our target markets include wholesalers, institutions, and other intermediaries that frequently order in bulk for their clients, as well concerned individuals. Hence there will be need to network with the various decision-makers/order-makers to ensure we receive orders for our products.
We will pay our employees well to preserve their valuable expertise, to provide job satisfaction, and to allow them to delegate authority. We aim to maximise productivity while realizing each individual’s full potential by providing excellent health care and generous profit sharing. Awards will be given out to outstanding individuals for hard work and production so as to not only show our appreciation, but to instill a sense of fun into the work and promote the maintenance of high standards.
We predict that sales will rise from more then P748,800 in their first year to more over P1,075,200 in their second and third years, respectively.
The appeal of our venture is based on the fact that customers will prefer our products to those of other competitors due to their low prices and high quality. Hence Baby Nappies World’s ongoing initiatives will be to drive sales, market share and productivity so as to provide additional impetus towards attainment of the corporate goals and objectives.
1 Courtesy Central Statistic Office
NOTE: This plan uses Botswanan Pula (P) currency.
1.1 Keys to Success
Quick response to customers’#8217’s requests: We can’t afford to delay clients for any reason. This will negatively impact our reputation and our image, as well as our future business. We must communicate with our clients constantly to ensure products are delivered on-time and to their specifications.
This will go a long way towards instilling a sense of trust in our ability and establishing long-term relationships.
Delivering the promise of excellence: Our goal is to provide uncompromising quality products and exceptional service to all our customers. This is to satisfy their standards and requirements. We understand that the company’s success will depend on prompt response to customer orders. Therefore, our goal is to set high standards of work and procedures.
Assembly Technology In order to ensure high quality diapers and sanitary pad, it is important to use the most advanced production machines. We will also keep up with technological advancements, which will allow us to maintain and gain a competitive edge by using the most recent production techniques.
Networking: As the majority of our customers will be wholesalers and intermediaries there is need to effectively network with the various decision-makers and order-makers to ensure a ready market.
1.2 Objectives
Our business strategy is based on the need to provide high-quality disposable baby nappies, geriatric/adult pads, and sanitary pads for all those institutions and wholesalers that require them. This shall be achieved by providing adequate training and recruiting a professional team to cater for the customer’s needs.
Our marketing campaign will increase awareness of our products and services in the market segments that we intend to target. This is particularly so with organisations increasingly looking at obtaining quality products at the lowest prices as they strive to increase profitability.
We intend to send out well-written promotional materials and introductory letters to clients. This will give them a clear understanding of our products and the benefits they offer. A well-designed company profile and business card can also be very helpful in influencing clients to order our products. This will result in increased sales of our products.
In short, we aim to attain these objectives:
To provide high quality diapers or sanitary pads that are on-time and within budget.
Develop happy customers all the time.
Ensure economical use of resources from capacity utilization, minimising inventory/stock and low cost, and high quality materials.
Contribute positively in our communities and to the protection of our environment.
Establishing a market presence in your market will guarantee you short-term and longer-term profitability, growth, and market shares, which will ultimately translate to business success.
1.3 Mission
We are 100% committed to the production and distribution of high quality disposable baby nappies and adult diapers. We are committed to creating and maintaining a safe, productive, enjoyable, and satisfying work environment. This includes ensuring that our employees are paid fairly and encourage them to be respectful of customers’ requests and the quality and quantity of the products they produce. We aim for fair and responsible profits, sufficient to keep the company financially strong for both the short and the long term, and to fairly pay employees for their effort and work.
Kouros Brothers Ltd. is an importer and reseller of agriculture machinery and implements. We sell A-Z series heavy machinery and systems that are suitable for potato, vegetable, cereal, and sand cleaning. We have also patented and piloted four innovative machinery and systems the last 6 years for Vegetable and Cereal productions. It is also the exclusive dealer and agent for 10 major European agriculture producers. It has been able to establish communication links and export its machinery to the Middle East and Syria over the past three years.
Kouros Brothers Ltd. boasts an experienced management team that is well-versed in the industry and has extensive research experience. Mr. Kouros and Panikos Stella make up the Kouros Brothers Ltd. team. Both owners have compiled a large list of potential customers, vendors, as well as contacts for equipment consignment.
New Opportunity
Last week, it was announced by Ministry of Agriculture, Natural Resources and Environment (MANRE) that EU has made available funding of 256 Million Euro from 65% to 80 % of all units and producers intending to use technological advances to improve the quality of customers’ (Agriculture Producers’); products and to allow them to export their goods to European markets.
We have a good reputation locally, but sales are slow because local farmers cannot buy new equipment every year. This large amount of funding will allow farmers to buy newer and better equipment as a result of Cyprus’s accession to the EU. But local farmers will only consider purchasing equipment they are confident in. The best way to convince them is to show them equipment.
Kouros Brothers Ltd. has good earnings and assets, but we do not have enough cash on hand to buy the wide range of demonstration equipment we need to meet the sales potential created by the upcoming Government funds to our customers. The company will employ local workers and provide training on products and services to help promote sales. The company’s loyal customers are a key factor in expanding its business area through word-of mouth.
Already, we have identified potential customers and communities who are open to trying its new product line. The equipments of the pilot will be used to exhibit at the October International show for Livestock and Agriculture, in Nicosia. And also, the company plans to participate in the Thesalloniki state Agricultural fair that will take place on the 28th January next. The company acts as sole agent and sales representative to Cyprus, Greece, Syria and other countries for various Wheat planting systems.
Funding in excess of PS50,000 is needed by the company to expand the business. To expand the business, additional equipment will be purchased to enable the company’s products and services to be promoted and displayed. The expansion plan also includes the hiring of additional personnel. This loan will be paid back in 6 years, with principal payments of PS5,833/year, at 8.5% interest. This loan is in addition to the existing 10,000 loan that will be repaid within the same timeframe at approximately PS1,666/year.
With this new demonstration equipment and customers well-funded, our projected revenues in Year 1 are expected reach PS274,200. Year 5 will see PS400,000.
1.1 Objectives
Director of Kouros Brothers Ltd. believes that there is a market opportunity in agriculture machinery. This is because existing suppliers of agricultural machinery and implements are not sufficiently diversified to cater to the increasing specialized needs of the potato sector.
The company’s coverage area is constantly increasing, as customers are becoming aware of the company’s presence. European community offers real business opportunities for such expansion. At present, there is 256million Euro available for EU agriculture support and funding. The Cyprus Government has been left with the funds to help local farmers and growers improve their production.
1.
2 Mission
Kouros Brothers Ltd. mission is to become THE exclusive full-service equipment manufacturer and authorized importer, sales, and service company in agriculture machinery and implements in Cyprus and to expand its business to Middle East, with the ability to satisfy all needs of Livestock farmers and Agriculture producers.
Thus, the company’s strategy is a to create a restricted geographical niche for its products where there will not be potential competitors. Kouros Brothers Ltd. will offer high-quality machinery and equipment for crop mechanization in potato, vegetable and wheat crops at a cost that is comparable to premium-quality machinery manufacturers on the local market.
1.3 Keys to Success
Kouros Brothers Ltd.’s keys to success include:
A high level of quality in its product line.
A-Z Equipment Mechanization Series for Vegetables and Cereals, Potatoes, and Livestock.
Maintaining and expanding its referral networks to increase sales.
Significant investments in research and development of machinery with the aim to focus on precisely controlled equipment (Coriander seed, carrot machines etc. ).
Improvement of efficiency in operations and reduction of crop producer operating costs.
Connect with the Consulting offices for Agriculture and Scientific Support to its Customers.
The machinery and systems of Kouros Brothers Ltd. will help Cypriot farmers, as well as Agriculture producers, to export to Europe and comply with all European directives.
Willamette Furniture Mfr. We have been experiencing a surge in growth since we discovered high-end direct mailing channels that allowed us to expand our potential volume through other channels. After being featured in specialty catalogs we were able build another channel through distributors who sell office equipment directly to companies.
This business plan anticipates that we will continue to grow our business for three more years. Our sales growth has created some working capital implications. We are planning to manage this growth and provide steady cash flow.
We also believe we will be more financially successful than ever before. This plan is a healthy and profitable company with good growth prospects. The company plans to manage its growth orderly in the near future.
1.1 Objectives
You should be focusing on the new channels that will increase sales to $1 million or more by Year 3.
Despite sales growth, maintain a gross margin of at least 60%
Increase the net profit significantly by Year 3.
1.2 Mission
Willamette Furniture Mfr. Helps create comfortable, productive offices with well-designed furniture. We care about the appearance and feel of fine wood, fine furniture, and high-powered personal computers. We provide the best value for our customers, who are concerned about high quality office environments. We create and maintain a fun, creative, respectful, safe and happy workplace. Our employees are paid fairly and encouraged to respect customers and the quality of our products. We aim to make a fair and responsible profit that will keep the company financially sound over the long-term and fairly compensate investors and owners for their risk and money.
1.3 Keys to Success
Uncompromising commitment towards the quality of the final product: quality wood and workmanship, quality design, quality result.
Successful niche marketing: we need to find the quality-conscious customer in the right channels, and we need to make sure that customer can find us.
Assembly that is almost automatic: Although we cannot afford to ship desks fully assembled, the assembly should be so simple and automated that the customer feels better about the quality of the product, not worse.
