Business Plan for Manufacturing Company – All Purpose Model
Table of Contents
Business Plan for Manufacturing Company – All Purpose Model – If you’re going out on your own to start a business, whatever sort it might be, you will benefit from having Business Plan Template to work from. It’s such a tool that will aid you in your crucial planning and take-off stages. However, starting a business is one thing, sustaining the business and growing therefrom is another thing altogether. Your business plan will make you stand on the business. Yes, Business plan is very important when it comes to commodity/goods/articles production which re counted in units. At any rate, nowhere else is your command of production lines, personnel, and funding going to be so hard-pressed as in a manufacturing business.
Business Plan for Manufacturing Company – All Purpose Model is a general manufacturing business plan template for whatever manufacturing business you’re into. Therefore, it gives you example of manufacturing process in business plan and business plan manufacturing and operations plan. So, they re good for plastic, food & water, drinks & beverages, Chemical Laboratory, Children’s Educational Toys and Cleaning Products Business Plans. In addition, re Clothing Manufacturing, Construction Carpenter Business, Construction Manufacturer, Cosmetic and many more manufacturing business plans.
Business Plan for Manufacturing Company – All Purpose Model
Again, note that, a major important variable in manufacturing business is Unit Cost of production. Therefore, every other thing involved in manufacturing planning revolves around this. Again, this is why mass production is important in every manufacturing operation. Note that, in cost of production analysis, fixed cost of production reduces as units of production increases. Therefore, this is why manufacturing processes and planning looks different from those of other businesses.
Consequently, Take heed of the various considerations in this sample manufacturing business plan. Watch the approaches employed in determining the various parameters of the business performance.
Business Plan for Manufacturing Company – All Purpose Model
Every-Unit Count Manufacturing Company Limited
A Three Year Business Plan/Projection
1. Executive Summary
Every-Unit Count Manufacturing Company Limited is a start-up manufacturing company with patented products that will revolutionize the building industry. This is a three-year business plan exclusively for Every-Unit Count Manufacturing Company Limited from 2018 to 2021.
Sandglass is the exclusive product of Every-Unit Count Manufacturing Company Limited. Sandglass is invented by the Managering Director of Every-Unit Count Manufacturing Company Limited, Mr. Agu Agu, who holds the patent right.
Mr. Agu Agu has worked in the construction industry for forty years. Consequently, he has witnessed many developments in the aviation, marine, construction, and automotive manufacturing industries. There has been need for new product innovation in the construction industry for a long time. This is what prompted him to develop an insulative sandglass roof tile that can be manufactured in any colour desired, and is price competitive.
As a matter of fact, the feasibility analysis of this plan shows that Every-Unit Count Manufacturing Company Limited can make a total turnover of N890,000,000.00 per annum with a total variable cost of N200,000,000.00 and fixed cost of N150,000,000.00 per annum. Therefore, with a total management cost of N120,000,000.00 per annum, there is a total cost of N470,000,000.00 leaving a net profit of N420,000,000.00 per annum on average.
Business Plan for Manufacturing Company – All Purpose Model
1.1 Our Mission:
Every-Unit Count Manufacturing Company Limited strives to be the major provider of this breakthrough product. Therefore, we intend to accomplish this through a strict quality-control program, timely deliveries, and competitive pricing.
1.2 Our Keys to Success:
- Every-Unit Count Manufacturing Company Limited has developed insulative sandglass roof tiles,
- It’s the exclusive manufacturer in Nigeria
- Product protection by the inventor’s patent right.
- Control of production line to enssure quality is met.
2.0 Company Summary:
2.1 Again, Every-Unit Count Manufacturing Company Limited is a start-up manufacturing company with patented products that will revolutionize the building industry. It is the exclusive manufacturer in Nigeria. The company of boasts many features which directly lead to it being the premier manufacturer of sandglass materials in Nigeria.
2.2 Company Ownership:
As a matter of fact, Every-Unit Count Manufacturing Company Limited was founded in Akpodim, Imo State Nigeria in September 2010. The founder is Mr. Agu Agu. Every-Unit Count Manufacturing Company Limited is fu registered with Corporate Affairs Commission of Nigeria. There re other two directors with minimal ownership of the company. Mrs. Agu and Master Agu Jnr own 10% shareholding each.
3.0The Products:
Steps in the Sunglass production follow this order.
- Obtain silica sand
- Add sodium carbonate and calcium oxide,
- Then, Add other chemicals, depending on the glass’s intended purpose
- Add chemicals for desired color in the glass,
- Place the mixture in a good heat-resistant crucible
- Melt the mixture into a liquid,
- Homogenize and remove bubbles,
- Give the glass required shape,
- Slowly get the glass cold.
From our breakeven analysis the breakeven quantity is 300 units per day at a cost of N150.00 per unit. Every-Unit Count Manufacturing Company Limited plants to mass produce at the first year reaching per day units of production of 1,800 units. If it does that the unit cost of production will reduce to N80.00. At this point, we shall be able to maximise turnover and net profit. The target growth rate is 15% continually for the next three years. As at this present time we run at 75% of our installed capacity. This actually shows good prospect for growth. Every-Unit Count Manufacturing Company Limited plans to run two additional shifts when it reaches 100% of its installed capacity. The meaning of this is that, barring technology change, our present equipment will still serve us till the next ten years.
Business Plan for Manufacturing Company – All Purpose Model
4.0 The Market
Every-Unit Count Manufacturing Company Limited currently sells directly to individual consumers. However, in order to grow the business, it has decided to begin selling to distributors from 1st October, 2018. The annual growth rate for individual customers is 8% with 242,009 potential customers. The growth rate for distributors is 5% with 20 potential customers. While the growth rate of distributors is not that high the sheer volume that distributors will sell and buy relative to the individuals makes the potential market very exciting.
5.0 Marketing
Every-Unit Count Manufacturing Company Limited first marketing strategy is the use of website to raise awareness of songlass parts to individual consumers. The website which has been up for 10 monthsnow.
In addition, we shall be quite active at the various industry trade shows. This’s to develop sales relationships with the different distributors. The trade shows re the most effective place to develop close relationships with new and perspective distributors.
Sales will reach N890,000,000.00 in Year 1, rising to N982,000,000 by Year 2. Consequently, over the next three years, songlass Parts will steadily increase profitability and gross margins.
Business Plan for Manufacturing Company – All Purpose Model
6.0 Other Parts of the business plan:
Other parts of the business plan is obtainable from Complete Full Marks Consultants (CFMC) Limited is. CFMC Limited is a firm of Chartered Accountants. You know what that means! It means we can do so much for your. We will help you register your business/company with CAC, handle your tax matters with FIRS or SIRS, Do your business plan, do your accounting, auditing as external auditors or for your internal control management. Look, we will get your PENCOM. ITF, NSITF compliance certificates for your contract biddings.
Contact us on [email protected] or call +234 8034347851 for these assignments.
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Business Plan for Manufacturing Company – All Purpose Model
Deacon Anekperechi Nworgu, a seasoned economist who transitioned into a chartered accountant, auditor, tax practitioner, and business consultant, brings with him a wealth of industry expertise spanning over 37 years.
