This plan provides detailed investor information and includes the basic strategic business plan information necessary for initial establishment and operation of JTB Integrated Technologies. JTB’s Integrated Technologies Division, a subsidiary of JTB Technologies, Inc., a company holding, is a subcorporation. JTB Industrial Sales and JTB Products and Services comprise the two other divisions. All three divisions will work together and share a common staff. The following plan outlines the Integrated Technologies Division.
JTB Integrated Technologies, Inc. will be formed in February with its primary location in Richfield, Louisiana as a corporation under the laws of the commonwealth of Louisiana.
JTB’’s Integrated Technologies Division is responsible for developing and supporting a range of P.C. based business software applications. JTB will also support ad-based Internet platforms, online magazines and custom-developed websites. These applications will also be developed by JTBâ€™s Integrated Technologies Division. The application will use JTBâ€™s Industrial Sales and Industrial Products Divisions both as a testing bed and a marketing referral for product demonstrations.
Managers have been working as vendors for the past twenty years in these businesses and have seen a need to help businesses with their product presentations and internal customer management. Businesses in this industry are all currently using different software and databases to handle internal vendor information resources and external customer RFQ management. After our products are installed online, the pre-sales order processing and order processing will continue as usual. This will allow the businesses to make use of the applications to expand into new markets and sell their products and services through our distributor partners. Integrated businesses can offer products and services through the system to their partners, allowing them to increase revenues and participate in larger contracts. High-end software and servers allow these businesses to extend inventory, order tracking, engineering information and other services to larger clients. JTB’’s Integrated Technologies Division will act as a support partner for the business applications.
Mitchell R. Jeremy is responsible for overseeing product design and development as well as integration and company management. Rachel Jeremy is also part of this management team. The management team will also be supported by a team-oriented, customer-focused staff consisting of Mitchell R. Jeremy, Rachel Jeremy, and our in-house developers. Our in-house software application developers will create and manage our websites. JTB Integrated Technologies, Inc. retains the services of a CPA firm for professional company audits, tax preparation, payroll, and business consulting to assist with setting achievable long-term strategic goals.
JTB Integrated Technologies, Inc., based off the current prices within the Industrial Marketing Products and Services industry, has the potential to generate $220,000 in sales in its first 18 months. A revenue growth rate of nearly 30% annually is possible with good management. The projected ratios at Fiscal Year 3 look solid.
The equity for each investor will be based on his or her investment. An in-depth look at Ratios can be found in the Financial Plan section. We anticipate that within 48 months, the business will be at a level to attract further investment, and will be able to pay out its initial investors.
JTB Integrated Technologies has two primary goals: to develop and support.
- Software for vendor relations and inventory sharing.
- Purchasing and order management technology systems.
- Job costing and quotation management technology systems.
- Web-based E-marketing systems and sites.
- LAN and WAN based sales, marketing, engineering Intranet systems.
After creating these products, we will market them using our business as a testbed to prove their worth and then resell the technology along with the support services required.
Success keys 1.2
JTB will support and develop only the highest quality products and services. Our primary mission is to integrate our products and service into the metalworking and manufacturing market. Software products will serve as both a procurement tool and a sales resource. Our clients can expect long-term growth and positive results when they combine our Internet-based marketing websites with customer management tools.
JTB’s Products and Services Division is used as a prototype and test bed for our P.C. based business development software. JTB will provide mid-sized corporations with innovative ways to cost-effectively manage external vendor and customer transactions. Job costing and purchasing can be done online. Project management will also be streamlined, resulting in continual savings for those who use our products and services.