Business Plan

1.The Description of the Business

1.1.Objectives

The company plans to market a complete line of rooms furniture like: beds, settes, clothes presses, cupboards, wardrobes, lokers, bookstands, bookcases, tables for TV, for dinning etc.

The company helps create pleasant, productive home environments with well-designed furniture that incorporates new technology into the classic mode, in which real people can work and feel happily.

We always provide the best possible value to our customers who care about quality office environments, and we want every dollar spent with us to be well spent. We seek fair and responsible profit, enough to keep the company financially healthy for the long term and to fairly compensate owners and investors for their money and risk.

1.2. Keys to Success

One of the key is uncompromising commitment to the quality of the end product: quality basics, quality workmanship, quality design, quality of end result. Also, the company wants to succed by establishing a good relatinship with its customers by a reliable and timely delivery of the products.

2.Management Summary

2.1. Company Ownership

We are a small company owned and operated by x and y. x is the developer and designer of the products, and y manages the company as president.

As co-owners x and y jointly develop business strategy and long-term plans. The president is responsible for overall business management. Our managers of finance, marketing, and sales report directly to her. She is strong on product know-how and technology. She had a successful career in retail before becoming half owner of the company. She was an area manager , a buyer , and merchandising assistant for another companies She has a degree in Management. The designer, is responsible for product design and development, assembly, and manufacturing. Our workshop manager reports directly to her. She designed furniture before becoming half owner of this company . Also, she was responsible for one of the first executive desks designed to include customised fittings for furniture. She has an degree in Industrial Design.

2.2.Personnel

For the beginning, we need a marketing manager to occupy of national catalogue production and catalogue advertising. We will have one or two designers and 2-3 carpenters. This table shows salaries for the whole company. Salary increases are kept to a minimum to help the growth of the company. An administrative assistant will be hired later in the year.

As we grow, we expect to see steady increases in our personnel to match the increases in sales.