Architectural Engineering Business Plan
Pyramid Engineering is a firm specializing in mechanical, electrical, plumbing and fire protection. We provide engineering, design, and consulting services for government, educational and commercial facilities. The firm provides engineering services through technologically superior processes. This allows clients to get more value and improves design and construction.
Architectural firms are the target clients. The targeted work falls into five different categories: government, contractors, education, healthcare, commercial and public facilities. Pyramid will have a competitive edge due to our ability to use digital-based design tools. The firm will stand out by its exceptional customer service. The production team will need to be focused on the implementation of a quality assurance and control program.
Pyramid Engineering, P.C. Pyramid Engineering, P.C. was founded as a Pennsylvania-chartered corporation. The founding partners, John Lavoie. Tom Heasley. John Solarczyk. Eric Haugh. Each partner has over 90 years experience as licensed engineers.
Year 1 sales will exceed $350,000, and could rise to $400,000 by Year 2. The current year will mark the first year of profitability with expected profits rising significantly by the end of 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 defines the goals, focus, as well as the implementation of this firm. As we reach profitability, we will need $26,000 in short-term borrowing.
1.1 Mission
Our mission is provide professional engineering services for construction related activities and high-quality service to both public and private clients. We believe in providing high-quality service to our clients, staff development, ethical behavior, and reasonable profit.
Clients will choose us because we are an engineering firm that can collaborate with all levels of the project team, and embrace our clients.
We will be recognized for design excellence, system integration, sustainability commitment and other achievements. Our designs will be a step forward in the understanding of how people, materials and the environment work together to create a greater whole.
We strive to create value by innovation and creativity. We align ourselves with the goals of our clients and deliver services that meet their quality standards, schedules, and costs.
1.2 Objectives
Pyramid has identified these objectives:
- Revenues of $350,000 in Year 1 and close to $400,000 by 5 years.
- 10% market share at the end o f the fifth year.
- In three years, reach profitability
- Five years to become a leader in engineering in central and western Pennsylvania
1.3 Keys to Success
Pyramid has identified key keys to success in building a sustainable business. If these keys are followed, the likelihood of success will significantly increase.
- Excellence in providing professional quality service on time and within budget
- Developing visibility to generate new business leads.
- Developing a follow-up strategy to gauge performance with clients.
- Implementing and maintaining a policy of quality control.
- Leveraging expertise from our combined experience into multiple revenue generation opportunities: mechanical, electrical, plumbing, fire protection, and project consulting.