Business Plan for a Concrete Business Plan

Pages: 7 (2039 words)  ·  Style: Harvard  ·  Bibliography Sources: 5  ·  File: .docx  ·  Level: College Senior  ·  Topic: Business

SAMPLE EXCERPT . . .

Financial factors

The company will consider various ways of raising capital. Among the ways available, the company will consider the ease of obtaining this capital and cost. For the company at its start up level, the method of obtaining capital should not be a burden. There are many factors to consider before raising capital. Amount of capital required determines the source. Not all financiers will be able to offer a large capital to the company. The size of the company and the number of operations in the plan will also determine the amount of capital required. The decision to raise capital from a particular source will is influenced by the cost in returning and the duration. The company will consider taking a considerable size of loan from a bank or financial institution that will cater for all operations. The budget of the company will be as follows:

Budget: Total amount of capital available: U.S. $200,00O.

Total cost of equipments: 50,000

Rent for office and production premises: 5,000

Cost of raw materials and transport: 70,000

Cost of transport and distribution of final products: 10,000

Marketing and advertisement: 20,000

Stationery expenses: 1,000

Salaries of employees: 20,000

Government taxation and licensing: 20,000

Other expenses and charges: 4,000

The management will adhere to the budget and ensure total control of the funds as allocated by the budget.

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TOPIC: Business Plan on Business Plan for a Concrete Assignment

The company has specialized in the production and offering of services in relation to three products. The products are colored concrete, floor polishing systems, micro toppings, anti-dust treatment and floor hardening systems. Market analysis shows the above products to be in high demand especially in the target markets. The company targets a fast growth rate after the second year of operation. The company plans to achieve this through accountability and hard work. Standards of quality and clients' satisfaction are the aim of the organization. Increase in production and widening of the market for the products and services will be the target of the company. The organization will do this by increasing its budget to be able to produce and market itself more. The number of concrete products will also increase to meet the demand of the market. Increase in the quality of products and services are a key factor in the company's development plan. The company will consider rebranding its products and descriptions in order to be relevant in the market and maintain its uniqueness. Alternative ways of raising capital and other resources will help to reduce budget constraints in the development of the company. Management will focus in self-sufficiency of the company and raise funds through internal means. This will help cut down the cost of operations due to loan servicing and related expenses. Company management is optimistic that no or minimal external and unavoidable factors will hinder the operations of the company.

References

Hatten, S.T. 2011. Small business management: Entrepreneurship and beyond. United States of America: Nelson education ltd.

Abrams, R. 2003.The Successful business plan: Secrets and strategies.4th edition. Palo Alteco: Planning shop.

The Times 100. 2023. Business case studies. ( online) Available: http://www.thetimes100.com.( 27th July 2013).

Concete one. 2013. Usage of concrete floor. ( online). Available: http://www/concreteone.com.au.( 27th July 2013).

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https://www.essaytown.com/subjects/paper/b/business-plan-concrete/9140348.