Business Plan for a Screw Factory
Introduction
Executive Summary
Business summary
Though the production of screws and the related products may seem a minor cog in the creation of furniture and various types of equipment, it, must not be underestimated, as screws allow for assembling the former and keep the piece of equipment in question together. Therefore, screws production is essential for sustaining the furniture and equipment related business. Consequently, the demand for screws in the target market is rather high. Unfortunately, the supply is also rather ample, which means that the company is likely to face rather tough competition. At present, the target market can be described as a monopolistic one, with the BAPP Company (BAPP 2014) being at the helm of the screws and bolts production industry.
Business aims
Seeing that the target market is already dominated by a very successful and quite powerful company, it can be elicited that the primary goal of the organization is to integrate into the economic environment in question successfully and attract new customers, therefore, gaining more competitiveness within the market. It would be wrong to strive for surpassing BAPP at present, as the rivalry may exacerbate the organization’s current state and drain its powers.
Financial summary
Balance sheet
The information provided below shows clearly that, despite minor issues concerning the increase in liabilities, the Golden Screw organization is ready to wander into the great area of the British market:
|
Assets |
$ |
Liabilities |
$ |
Stockholders’ equity |
$ |
|
Current assets
|
|
Current liabilities
|
|
Common stock |
100,000 |
|
Investments
|