Manufacturing – Custom Parts Business Plan
This plan includes detailed information for investors and the basic strategic plan information needed to start JTB Products and Services, Inc. JTB Products and Services, Inc. will be created in Richfield, Louisiana, under the laws of Louisiana.
JTB’, Products and Services Division, will create custom tools specifically for the Automotive and Auto Body Repair industries. The division will also offer reconditioning and repair services to clients who use JTB’s quality products.
The management team responsible for the Product and Services Division’s development, and hands-on management of the daily operations are Mitchell R. Jeremy and Rachel L. Jeremy. A team-oriented, customer-focused team of 3 will also support the management team. JTB Products and Services, Inc. retains the services of a CPA firm for professional company audits, preparation taxes, payroll, and business consulting to help with setting achievable long-term strategic goals.
JTB Products and Services, Inc., based on current prices in the Products and Services Market, has the potential to make sales of $348,000 in just 18 months. If the company is managed well, revenue growth can reach 24.53% percent. The projected ratios at the end of Fiscal Year 2 are quite solid.
The equity for each investor will be based on his or her investment. You can find the Financial Plan section for a more detailed explanation of Ratios.
These are our primary markets
- Automotive repair and the automotive industries. (JTB Tools)
- Contractors from the Private and Commercial Utility Sectors. (JTB hole-making services and products)
- Sporting Goods Industry. (JTB Drills and Drill Refurbishing Services)
- As a service provider, we offer metalworking and manufacturing industries.
JTB Products and Services, Inc. has several ways to reduce risk to ensure its success.
- To obtain sufficient capital to fund the project from its inception to completion.
- Lower overhead than anticipated will result in higher bottom line profits. Management will employ multi-skilled staff. They will receive continuous training to ensure that they provide superior customer service. Customer satisfaction is a top priority in developing the business.
- Create a strong customer base. A great location can be determined using demographics. The aggressive marketing program of a full time shared marketing associate will guarantee the desired results.
- Establish community involvement to demonstrate how the business will contribute to a better quality of life. The company’s facilities will be used to support civic groups in reaching their financial goals. For fundraisers, schools, churches, and any other group are welcome to contact the company and its workers.
1.1 Objectives
- Integrate our products and services into the Industrial Distribution market.
- Direct-market our products to over 100,000 potential buyers throughout the U.S.
- Get market share with our Business Technology Software
- Provide our clients with quality products and services while maintaining high profitability.
Since many years, we’ve been helping businesses like these with their production, costing and shipping. These services are offered one-on-1. We review the client’s usage of the products, and then recommend that the items be either scrapped, rebuilt or replaced. We can also recommend a replacement product from one of our distributor partners.
JTB Products and Services, Inc., is a JTB network partner and will also use the network for promotion of its products and service to our industrial distributor partners.
1.2 Mission
JTB will offer the highest quality products, services and development.
- Our products will save customers money and last longer than those of our competitors.
- Our re-manufacturing services will also offer the client a solid, value-based purchase backed by a 100% quality commitment and effort by our employees and management.
JTB’s own manufacturing facility will serve as a prototype and test bed for products. JTB provides mid-sized corporations with innovative ways to cost efficiently manage external vendor and customer transactions. This will allow them to make continuous savings and provide a competitive advantage for their customers. JTB will be able to expand its service offering by adding value from our manufacturing partners, which will allow us to become a long-term growth company.
1.3 Keys of Success
- With over twenty years of experience in industrial distribution and metalworking, this experienced manager has a wealth of knowledge.
- Long-term goals that are well-defined and focused for long-term success. To allow growth and flexibility, our plan was developed.
- Highly skilled project-management personnel with prior Engineering experience. Clients receive product and service support within an industrial setting.
- Strong marketing goals with niche products and services; targeted services and products delivered with unique marketing approaches.
- Very low internal development costs at startup. Management has the ability to supervise and develop all of the projects in this businessplan. This will reduce preproduction expenses and allow for industry partnerships to lower initial costs.
- With over 20 years of industry contacts, we have an extensive network of suppliers to help with the purchase and marketing of quality products.
- Previous successful business plans and experience to draw from. Management’s previous business plan helped in closing an SBA package valued at $240,000 for the acquisition of C.N.C manufacturing equipment. Management will execute and perfect every aspect of the business plan. They expect that they will bring a lot more creativity, positive attitude and energy to all projects.