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Electronics Retailer Business Plan

March 3, 2023 By JamesCall Leave a Comment


Electronics Retailer Business Plan


Safe Current is small business unit of The Cleveland Illuminating Company (TCIC), and electric utility. Brian Henderson is the leader of Safe Current.

Safe Current has identified three key elements that will ensure its sustainability.

  1. You can ensure 100% customer satisfaction by referring customers and repeat customers.
  2. Sell and design meaningful power protection products.
  3. Establish and enforce strict financial controls. This is critical because Safe Current may be a small business unit, but it is a standalone entity. They have to be financially independent and accountable to shareholders.

Products

Safe Current will offer surge protectors as well as surge arrestors. These products will be manufactured by a contract manufacturer and sold as Safe Current.

  • Surge Arrestors: This is a piece of equipment that is mounted on the outside of a house or business near the meter that offers protection from external electrical surges.
  • Surge Protectors – This equipment protects appliances from internal electrical spikes. All Safe Currents protectors meet industrial standards.

Management

Brian is a Case Western Reserve University MBA graduate and has experience as an assistant project manger at ATT. Allegheny Power works in the value addition services department. Safe Current is forecasted to have impressive sales for years two- and three, with correspondingly good net profits.

1.1 Objectives

  • To develop a profitable product for TCIC that is unregulated from the core power generation business services.
  • To be profitable in one year.
  • To make it a profitable model for future ventures.

1.2 Mission

To develop surge protectors/arrestors that offer safety and value to consumers. Safe Current will benefit from The Cleveland Illuminating Company’s strength to help increase brand recognition. With their innovative products, customers will be satisfied.

1.3 Keys of Success

  • Guarantee 100% customer satisfaction
  • Sell and design power protection products that are meaningful and valuable.
  • Financial controls should be implemented and maintained.


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Filed Under: Businnes Plan Tagged With: business, electronics, retailer

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About Jennifer

Unlike many who get into the field, real estate has been the only career for Jennifer Raney Herriage, who has excelled in serving clients for over 20 years.  Having grown up in a real estate family, Jennifer was first inspired by her mother, a broker … Read more...

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