construction plan group plan of Business Plan Copy Number 201 Table of Contents Heres a sample Table of Contents Be sure to modify the page...............................................................
Khanh Ngo 101189114 Pham Duc Thinh 101133495 Hoang Anh Vu 101167285 Viet Nguyen 101146606 Business Plan Copy Number # 201 Table of Contents Here's a sample Table of Contents Be sure to modify the page numbers when you’ve finished your Business Plan Executive Summary Vision Mission Goals and Objectives The Company The Business Services and Products Unique Features or Proprietary Aspects of your Services or Products Regulations and Permits Future Services and Products Strategic Alliances Operating Principles and Procedures Costing and Estimating Tendering Contracts and Administration Purchasing & Cost Control Scheduling and Time Management 10 Supervision and Quality Control 10 Communication and Record Keeping 10 Customer Service 10 Site Safety 10 -1- Business Plan Template Handout Operations Summary 10 The Market 11 Market Definition 11 Market Segment 12 Marketing 12 Sales Position 12 Pricing 12 Competition 13 Sales and Marketing Monitoring 13 Risk/Opportunity 14 Human Resources 15 Staff Positions and Job Responsibilities 15 Ownership 15 Professional Support 15 Board of Advisors and Directors 16 Review and Evaluation Procedures 16 Hiring Procedures 16 Compensation Assessment and Motivation 16 Training and Upgrading 16 Financial Plan 17 Financial Statements 17 Assumptions 22 Capital Requirements 23 Financial Monitoring 23 -2- Business Plan Template Handout Conclusion 24 Appendix Exhibits 24 -3- Business Plan Template Handout Executive Summary -True Colors will provide residential and commercial painting services such as a painting of buildings or other structures, priming paint, waterproof paint and also painting with top quality We always work with the criterion of putting customer satisfaction first, in addition to the high standard of painting quality at affordable prices The company will always try to provide complete and timely paint, avoid unnecessary delay to make customers 100% satisfied with the way of working and quality of the company -Our next year's goal is to reach $ 400,000 in sales, and achieve a sales turnover of about $800,000 by the third year To achieve a client ratio of 30% commercial construction / 60% housing per year.Expand the domestic market and go international (Asian, American).And in future, our main target is long-term cooperation with Royal York Painting Company This will help True Colors company to provide greater long-term profits through referrals and repeat business -True Color is a newly established limited liability company of four main founders with a total of 10 years of industry experience True Color will be the collaboration between Mr Viet, Mr Thinh, Mr Khanh and Mr Han Owners will invest a substantial amount of their equity in the company and will also seek a $100,000 loan to cover startup costs and future growth Ultimately, the company purchased a $200,000 line of credit that would be used if necessary to cover unforeseen costs or opportunities -True Color will be located at Bass Pro Mills Dr, Concord, ON L4K 5W4 Facilities will include a reception area, principal offices, inventory storage area and a staff lounge True Color offers a wide range of services mainly focusing on residential and commercial interior and exterior paints The company also provides services such as plaster ceiling closure, sound -4- Business Plan Template Handout absorption ceilings, pressure washing and others The idea is to provide customers with a range of related services that will minimize their need to employ multiple contractors True Color will engage in a low cost leadership strategy while maintaining the right level of quality -True Color company will initially focus on residential and commercial customers in the Vaughan and North York area However, by the end of the planned three-years, the company is expected to serve the entire Province of Ontario The company has rigorously tested its financial forecast and concluded that they are both conservative in their profits and generous in spending This has been done intentionally to provide for unforeseen events Company principals believe that cash flow projections are realistic -5- Business Plan Template Handout Vision ● In the next 3-5 years, our company will focus on the supply and paint of residential as well as repair some parts of the house if required ● As a co-founder as well as a manager, in a 3-5 year period, I will hire a few more employees to help the company grow During this time, I will also look for new potential customers to expand our business In case we not have enough workload, I might look for some external short-term projects to ensure the company's finances ● When we started operations, our company could be seen as a small, hard-working contractor However in the future, it will be a franchise with premium service and higher prices ● Our company's financial position for the next 3-5 years is still growing and expanding Although we are already profitable, most of them are used to grow the company Mission Mission Statement Our mission is to become one of the top 10 painting companies in Canada, We aspire to carry a reputation in the marketplace for painting services such as a painting of buildings or other structures, priming paint, waterproof paint and also painting with high quality for the residential and commercial renovation market We can achieve this by our experience, good customer services and also the affordable prices -6- Business Plan Template Handout In pursuit of our goal, we resolve to treat customers, sub trades and the community with all our heart, we always work with the criterion of putting customer satisfaction first We receive every comment from customers and learn from this to make our company become better and better everyday A Core Values Integrity: We are committed to the company adhering to the highest ethical standards and willing to learn from people who know better than us in providing supply, sales and repair services in the paint sector repair for customers Commitment: We are pleased to demonstrate our continued commitment to dedicating and contributing to the development of high-quality buildings True Color Painting always cares about the time, money and desires of customers, so that we can provide comprehensive, special and effective international-standard painting and repair services for all purposes Respect, sympathize and understand according to the motto "Color your dream" Accountability: We are fully responsible for our actions Respect: We treat our customers and employees with full respect and dignity Empathy: We care about our customers and our employees The most important thing is their happiness and we will always treat all of our hearts -7- Business Plan Template Handout Goals and Objectives Goals and Objectives for 2024 ● ● Opening new showroom and warehouse in Toronto, Kitchener and Hamilton Partnership with small and medium construction companies in the Toronto, North York, Mississauga area ● Achieve sales of $ 300,000.00 a year ● Recruit and train 400 more skilled employees for the company ● Be in top 50 painting company in Ontario -8- Business Plan Template Handout The Company True Color was founded in 2017 by a group of engineers specializing in designing, constructing and supervising construction works with more than years of experience in working on various construction projects The legal name of the business is True Color The original of company is corporation but the company was incorporated by Mr.Khanh in 2017 Our principal offices are located at Bass Pro Mills Dr, Concord, ON L4K 5W4 and showroom are located at 175 Kendal Ave, Toronto, ON M5R 3S8 We have approximately 175 square feet of office space and 500 square feet of showroom We expect this facility to be adequate for the company's needs for one to two years We have skilled trades people Our current capacity is jobs of $50,000 per month If we exceed 30 jobs or $60,000 per month, we will need additional trades people and rent additional warehouse to have the enough capital to work Services and Products A true Color Painting company will offer a wide range of services within the Painters industry in Canada Our intention in establishing our paint company is to compete favorably with the leading companies in the industry in Canada and the world We are ready to profit from the industry, and we will all that is allowed under Canadian law to achieve our business goals Our business offerings are listed below: ● Supply Painting for retailers ● General residential painting -9- Business Plan Template Handout ... Financial Plan 17 Financial Statements 17 Assumptions 22 Capital Requirements 23 Financial Monitoring 23 -2- Business Plan Template Handout Conclusion 24 Appendix Exhibits 24 -3- Business Plan Template. .. by the hour -13- Business Plan Template Handout Operating Principles and Procedures We will first meet the client, then make a business plan After that, we will start to sign a business contract... Canadian law to achieve our business goals Our business offerings are listed below: ● Supply Painting for retailers ● General residential painting -9- Business Plan Template Handout ● General