972.814.3612
|  jennifer@jenniferherriage.com

Jennifer Raney Herriage

Your Rockwall REALTOR®

Electronic Engineering Business Plan

By Leave a Comment


Electronic Engineering Business Plan


Rosafarbenes Nilpferd & Sons Engineering, Inc. has established a strong foothold within a niche market for Product Category One* device technology. The potential market demand of 180million units outpaces current suppliers. It is also growing at 22% per annum. RNSE’s success in taking advantage of this boom market is evidenced by its recent growth in sales and profitability. The company’s sales are expected to increase from $280,000 in the first quarter to $1,600,000. By the end the first year, they will have reached $14 million. Similar growth will lead to significant increase in profits before taxes by Year 1 and continuing to grow through Year 3. These results will be achieved without large additions to fixed assets. A relatively small banking facility will be needed in the form of a line of credit of $150,000-$200,000 to support the necessary growth in current assets, half of which will represent prime corporate receivables.

*Note that this sample plan does not contain any confidential or improper information.

1.1 Objectives

Rosafarbenes Nilpferd & Sons Engineering aims to become the top-rated manufacturer of Product Category One Devices with the latest technology.

  1. Complete work to make RNSE&#8217’s products compatible (by the end month 5, Year 1 and at least three additional within a single year).
  2. Complete a thorough website redesign and get out a quality mailer to 300 Value Added Resellers (VARs) (by end Month 6, Year 1).
  3. After completing a media analysis, organize an effective advertising campaign in trade journals to target the telecommunications (industrial automation) and instrumentation sectors.
  4. By networking and partnering operating system developers, technology manufacturer, and other industry actors, you can arrange at most five banners/links in a reciprocal arrangement with key market-related sites.

1.2 Mission

Rosafarbenes Nilpferd & Sons Engineering’s mission is to create cutting-edge Product Category 1 solutions to appliance and equipment manufacturers who are often under pressure due to technology’s rapid pace to bring their products to market quickly. RNSE does this by having a small &#8220:think tank-style technical team and outsourcing manufacturing. It also keeps a marketing offering that caters to the most demanding Product Category One needs, while leaving the simple, high-volume, price-sensitive market requirements to the competition.

This sample plan does not contain confidential or proprietary information.

1.3 Keys of Success

There is such a high demand for Product Category 1 devices that the growth potential is almost insurmountable. However, it is possible to sell them successfully if you keep these key points in mind.

  1. Contract manufacturing of devices is possible, provided you have enough components. Careful planning in ordering sensitive components is essential, and sufficient financing must be in place to support long inventory periods.
  2. Avoid excessively time-consuming questions originating outside of the targeted market. Technology is a topic that interests everyone. It is crucial to filter through the inquires and respond to those that are within your sales and market parameters (needs between 100 to several thousand units, for high-end equipment).
  3. Move quickly to build a brand awareness for cutting-edge reliability. It is possible that there will be more competition for Product Category 1 devices. It will be even more difficult later to build an image.


Engineering Consulting Business Plan

By Leave a Comment


Engineering Consulting Business Plan


StructureAll Ltd. was established as a consultancy firm that specializes in structural engineers services. To cut down on start up costs, a Yellowknife, NT home office will also be established. The founder of the company is an engineer with 18 years of progressive and responsible work experience.

Philip Nolan, the founder of the company, made an initial investment to cover start-up costs. More than half of this amount is needed for start-up costs. The balance will be used to fund the company’s working capital.

The firm will provide visualization and three-dimensional modeling to our clients. The business plan will also include state-ofthe-art analysis and designing tools. A quality control and assurance program will serve as a focal point for production work.

1.1 Objectives

  1. Modest revenues the first year, with slow by steady growth over the next two years.
  2. Achieve 20% of market value at the end of the third year of operation.
  3. Through the third year, gross margin will be significantly increased.

1.2 Mission

Our mission is to provide clients across Canada’s North with structural engineering services for all types of buildings, from concept planning through to completion, with a highly skilled professional team working together, using common sense and practical experience.

1.3 Keys to Success

  1. Professional quality services delivered on time and within budget
  2. Create a strategy for following up with clients to assess performance.
  3. Establish and maintain a quality assurance and control policy.


Engineering Business Plan

By Leave a Comment


Engineering Business Plan


Introduction

Compton Geotechnical Associates Inc. will offer innovative geological engineering services in the state of Maine.

CGA will be entering this restricted area to leverage its employees’ collective reputation and create long-term contracts centered around excellent service and cost effectiveness. We believe we can serve this market better than larger companies and have better service packages than other comparable-sized firms.

The Company

CGA is a Delaware-registered limited liability partnership. This will allow it to be tax compliant. Its founder is Mr. Martin Compton, an ex-head of Wilson and Brown, Inc.’s engineering geology department. He has assembled a respected group of engineers, geologists, and graphic artists who have combined 35 years of industry experience.

The company only has a small number private investors. The company has its main offices in Augusta, Maine. The facility includes a soil/rock/water test lab, conference room and office spaces. The company hopes to offer its services beginning in January 1.

The company&#8217’s principal clients will include major construction firms, local and state governments, and utility and water providers. By focusing our attention on institutions with special requirements, we believe we can better serve clients and produce a superior geo-engineering service that is more efficient than other firms.

The Services

CGA offers complete geo-engineering service to all of our clients. Our services fall into two main categories of geotechnical engineering services and construction monitoring/laboratory testing.

These services include groundwater and surface evaluations, slope stability analysis and bluff studies. They also provide laboratory analysis of soils and rocks, groundwater, settlement analysis, load testing, load testing, and load testing. Each project is customized to our client and its scope, length, depth, reach, and cost are unique.

The Market

This market has many opportunities, particularly since many of our potential clients are required to do geotechnical and monitoring studies prior to construction.

For the past twenty-years, the industry of geoengineering has experienced rapid growth. According to Journal of Hydrology & Geoengineering the industry has experienced an average growth rate of approximately 22% over the past five year. Each of the handful of well-known companies is made up of thousands and smaller consulting organizations. These companies range from major international name-brand firms to tens of thousands of individuals.

Financial Considerations

These are the start-up assets that are needed. This includes expenses [see Start up table] and the remainder in cash required to support operations till revenues reach a acceptable level. Outside private investors and management investment will make up the majority of the company&#8217s liabilities. However, current borrowing from Bank of America Commercial Investments has allowed us to obtain [see start-up funding table], the principal of which will be paid off over two years. A long-term loan of [see Start-up Funding table] through Charter Bank of Augusta will be paid off in ten years.

The company anticipates reaching profitability in the first year and doesn’t anticipate any cash flow problems. According to our estimates, the average monthly profitability for each segment will be around $8,000. We expect to see a break-even point with three projects each month.

1.1 Objectives

Compton Geotechnical Associates has three year goals.

  • Breakeven within two years
  • Establish long-term deals with at most four clients
  • To establish long-term relationships, and to promote word-of–mouth marketing, you should aim for a minimum of 95% customer satisfaction.

1.2 Mission

CGA’s mission is to offer innovative geological engineering services, and to establish long-lasting relationships with clients. We provide excellent services in a timely manner and at a cost-effective price.

Success keys 1.3

CGA’#8217 is a company that has the following key factors to long-term survival.

  • Establish long-term contracts that require monitoring or on-call service.
  • Keeping close contact with clients and establishing a well functioning long-term relationship with them to generate repeat business and obtain a top-notch reputation.
  • Provide a complete service experience for clients that includes consultations, field work and laboratory work. We also offer in-house design and analysis. This allows us to monitor geo-hazards and provide follow-up monitoring.

    • Architectural Engineering Business Plan

    By Leave a Comment


    Architectural Engineering Business Plan


    Pyramid Engineering is an engineering firm that specializes in electrical, plumbing, fire protection and mechanical engineering. We provide engineering, design, and consulting services for government, educational and commercial facilities. The firm provides engineering services using technologically superior processes, providing greater value for clients and enhanced design and construction.

    Architectural firms are the target customers. The targeted work is split into five categories: education, health, commercial and government facilities, contractors, and contractors. Pyramid’s competitive edge will be our knowledge of digital-based design resources. Superior customer service will also help differentiate the firm. The production team will need to be focused on the implementation of a quality assurance and control program.

    Pyramid Engineering, P.C. It was founded in Pennsylvania as a professional corporation. The company is privately owned by the four founding partners: John Lavoie, Tom Heasley, John Solarczyk and Eric Haugh, all licensed engineers, with a combined 90 years of experience in their fields.

    Year 1 sales will exceed $350,000, and could rise to $400,000 by Year 2. This year will be the first year of profitability. Expected profits to rise significantly by Year 3.

    The biggest challenges facing the firm are expanding its client base and positioning it to be a more prominent player in a global market.

    This businessplan outlines the purpose, focus, implementation, and future plans of this firm. We are seeking an additional $26,000 of short-term borrowing to maintain our cash flow over the next year as we become profitable.

    1.1 Mission

    Our mission is to provide top quality professional engineering service for construction and related activities to a balanced mix of public and private clients. We believe in providing high-quality service to our clients, staff development, ethical behavior, and reasonable profit.

    We are known for being an integrated engineering firm that is able to work with clients and extend our reach to the community.

    We will be recognized for our design excellence, systems integration and commitment to sustainability. Our designs will advance the concept of the unity of people, materials and environment which function as a greater whole.

    We seek to add value through innovation and creativity, aligning ourselves with our clients’ goals, delivering services that meet their quality, schedules and cost objectives.

    1.2 Objectives

    Pyramid has identified these objectives:

    1. Revenues of $350,000 in Year 1 and close to $400,000 by 5 years.
    2. At the end the fifth year, achieve 10% market share
    3. Reach profitability within three years.
    4. You can become a prominent engineering firm in western Pennsylvania and central Pennsylvania within five year.

    1.3 Keys to Success

    Pyramid has identified key keys to success in building a sustainable business. This will greatly increase the chances of success.

    1. Excellence in providing professional quality services on time and on budget.
    2. Develop visibility to generate new business leads
    3. Establishing a strategy for following up with clients to determine performance.
    4. Implementing and maintaining a quality control and assurance policy.
    5. Combining our experience to provide multiple revenue-generating opportunities, including mechanical, electrical and plumbing, fire protection, project consulting, and other revenue-generating opportunities.


    Construction Engineering Business Plan

    By Leave a Comment


    Construction Engineering Business Plan


    Indonesia EEC is a subsidiary company of United States Energy Engineering & Construction (U.S. EEC) that provides services including engineering, design, procurement, project management, construction and construction management, environmental consulting, management consulting, quality assurance and quality control, information management, operations and maintenance, and process technology development.

    U.S. EEC’s management wants Indonesia EEC to deliver a good financial performance. Indonesia EEC, as a subsidiary company of U.S. EEC set the following objectives for products and services related to EPC power generator and power delivery projects.

    1. Expand customer awareness over the planning period.
    2. A joint venture can be established with a trusted local company, which will reduce competition and lower risks. It also helps to lower prices.
    3. Pursuing not only EPC prospects, but also BOO, BOT, BLT, B&R, and ECC prospects.
    4. Utilizing the joint venture company as the main entity of EEC to conduct business in Indonesia, and to provide all aspects of energy engineering services.

    2.1 Company ownership

    Indonesia EEC (PT.) was created in Indonesia as a Perseroan Terbatas Indonesian. Under the Foreign Investment Laws of Republic of Indonesia, a corporation is based in Jakarta. The Energy Engineering & Construction company of the U.S. (U.S. EEC), is 100% owner.

    2.2 Company History

    EEC established its presence on the Indonesian market in 1980s when it opened and operated a Jakarta office. It was aware of the need to be present as a local firm that serves the specific needs its potential customers.

    Indonesia EEC was formed in 1996. The U.S. EEC owns all shares in the company.

    Performance in the Past
    1996 1997 1998
    Sales $50,000,000 $65,000,000 $87,500,000
    Gross Margin $23,000,000 $29,900,000 $40,250,000
    Gross Margin 46.00% 46.00% 46.00%
    Operating expenses $4,800,000 $4,850,000 $4,645,000
    Collection Period (days) 72 63 63
    Balance Sheet
    1996 1997 1998
    Current Assets
    Cash $15,000,000 $19,500,000 $26,250,000
    Accounts Receivable

    $6,112,981 $7,946,875 $10,697,716 Other Current Assets $525,931 $683,710 $920,380 Total Current Assets $21,638,912 $28,130,585 $37,868,096 Long-term assets Long-term Assets $710,837 $924,089 $1,243,965 Accumulated Decreciation $0 $0 $0 Total Long-term Assets $710,837 $924,089 $1,243,965 Total assets $22,349,749 $29,054,674 $39,112,061 Current Liabilities Accounts Payable $2,478,188 $3,221,644 $4,336,828 Current Borrowing $0 $0 $0 Other Current Liabilities (interest not paid) $0 $0 $0 Total Current Liabilities $2,478,188 $3,221,644 $4,336,828 Long-term Liabilities $0 $0 $0 Total Liabilities $2,478,188 $3,221,644 $4,336,828 Paid-in Capital $1,996,500 $3,295,460 $4,743,900 Retained earnings $116,967 $952,048 $1,781,333 Earnings $17,758,094 $21,585,522 $28,250,000 Total Capital $19,871,561 $25,833,030 $34,775,233 Total Capital and Liabilities $22,349,749 $29,054,674 $39,112,061 Other inputs Payment Days 30 30 30 Credit sales $31,098,365 $40,427,875 $54,422,140 Receivables Turnover 5.09 5.09 5.09

    2.3 Corporate Locations and Facilities

    The office is located downton Jakarta in Indonesia. The office is conveniently located near the airport and allows for the company to expand. Indonesia EEC occupies a space of 800 square meters with offices for each division.

    DISCLOSURES

    Texas Real Estate Commission Information About Brokerage Service

    Texas Real Estate Commission Consumer Notice

    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...