South Kelleton Keys and Locksmith(SKelleton Keys), a locksmith shop specializing exclusively in locks and security, was established and managed by Padraic, a highly skilled and certified locksmith. Through direct selling and advertising, the business will open a South Kelleton store and sell lock hardware to homeowners, builders, homeowners and renters.

The net profit will increase significantly between its first and third years of operation, based on almost doubling its sales. The business will grow by selling products and services, as well as offering qualified referrals to security product vendors when the company cannot handle a client’s needs directly. Pad Lawkse will mentor an additional locksmith who will help to grow the business.

South Kelleton Keys Locksmith is seeking a three-year loan for its business. The loan will be used to fund the initial operation and Pad Lawkse&#8217’s capital investment.

1.1 Objectives

South Kelleton Keys & Locksmith’s objectives are:

1. Launch a store in a highly visible location in South Kelleton
2. Establish relationships in the first 12 months with ten apartment building as a preferred vendor to lock products
3. One year after its inception, the company has achieved a doubling in sales and gross margins of more than 40%.

1.2 Mission

South Kelleton Keys and Locksmith will increase the security of buildings, owners, and renters in its neighborhood of South Kelleton by providing the best quality locks and security products, as well as highly skilled installation and repair.

1.3 Keys To Success

SKelleton Keys must be a successful locksmith business.

1. Establish relationships with building owners
2. Increase community awareness of their quality, location, and reasonable prices
3. Quickly respond to any requests
4. You should sell &#8220security and tranquility&#8221 of mind, rather than &#8220locks&#8221.