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 knowledge in the cabinet and construction industries. Trestle Creek Cabinets will be operated under the umbrella Trestle Creek Inc., which is a construction company that shares staff, office space and administrative costs. For the purposes of business planning, Trestle creek Cabinets will be treated as a separate entity.

After years of experience in building luxury homes, the company’s owners recognized the need to offer a range of design options and high-end finishes. They also wanted top-ofthe-line organization, service, quality and customer service. Trestle Canyon Cabinets will be able to meet the needs of these customers. Building a strong market position in the high-end residential, resort, and commercial development segments, the company projects revenues to grow substantially between FY1 and FY3. By maintaining an average gross margin of over 25%, the company estimates handsome net profits by FY3.

The capital needed to fund the startup expenses was provided by the shareholders. To cover operating expenses, the company is currently seeking a 3-year commercial loan.

1.1 Objectives

The objectives of the company include:

• To be a major supplier of luxury homes in the local market.

• Revenues to more than double Year1 levels by the end of Year2.

• To achieve 70% of residential high-end customer sales

• 20% of sales to mid-range residential customers segment.

• 10% of sales go to the commercial development sector.

• To establish a showroom within three months in a prominent space.

1.2 Mission

We aim to deliver high-quality products on time, within budget, and provide a fast, error-free ordering process.