Starting An Engineering-Related TCF prices 2017 - Business Plan Example

Due to the rising cost of constructions and the need for creative unique design and finishing of buildings with both traditional and international driven taste and fashions, Today’s Creation Fabricators comes in handy with our innovative products and a dynamic team of expert that will meet our client’s needs within a workable budget. Quality of our products and minimal delivery time will be key pillars to ensuring projects are timely delivered. TCF designs will be made with client specifications in mind for both aesthetic value and durability.

Our prices are competitive as the company intends to optimize its revenue in the long run. Customer’s feedback on our services will be valued for quality control purposes as we seek to offer a bundle of value with a subsidized servicing fee for customers who have bought our products and services. The projected Sales, Gross Profit and Net Profit for Today’s Creation Fabricators Company for the next 3 years are as follows. Today’s Creation Fabricators is looking to double its sale revenue in its second year of operation and triple it in the third year.

The marketing objectives will be to create good working relationships with contractors and suppliers to ensure timely acquisition of raw materials at competitive prices. Profit optimization will be a guiding principle with initial net profit being low to ensure and market acquisition. Today’s Creation Fabricators intends to take a number of measures as its strategic goals to ensure the success of the venture. The steps will entail a concerted effort to advertise TCF products with the key feature of a promotion being Quality fabrication work with a strong customer care initiative, delivered timely within the customer’s budget.

Spreading awareness of our product will be a priority in the media that are popular to our target market including newspaper and cable channels one week to opening our doors and thereafter. Partnerships with like-minded businesses will be forged as networking will go along with meeting our target sales. Among other things, Today’s Creation Fabricators will offer its customer and market the following: The average selling price per unit of our products will be $100.00 as the venture aim at being competitive in price, with an average cost standing at $75.

00, the company intend to make a 25% gross profit margin. The fixed cost for the year is forecasted at $345,756.13 hence the TCF intends to sell 13,831 units to break even or make a sales of $1,383,024.51 which, ceteris paribus, will be achieved in its first year, targeted at $2,611,959.14 to enable expansion of the business.