Manufacturing – Custom Parts Business Plan Leave a comment

This plan provides detailed investor information and includes the basic strategic business plan information necessary for initial establishment and operation of JTB Products and Services, Inc, a division of JTB Technologies, Inc. JTB Products and Services, Inc will be formed in Richfield, Louisiana, as a corporation under the laws of the Commonwealth of Louisiana.

JTB&#8217, Products and Services Division, will create custom tools specifically for the Automotive and Auto Body Repair industries. The division will also offer reconditioning and repair services to clients who use JTB’s quality products.

The management team responsible for the Product and Services Division’s development, and hands-on management of the daily operations are Mitchell R. Jeremy and Rachel L. Jeremy. Three members of a customer-focused and team-oriented staff will support the management group. JTB Products and Services, Inc. is retaining the services CPA firms to audit and prepare taxes, payroll, and to serve as business consultants to assist in setting achievable strategic goals.

JTB Products and Services, Inc., based on current prices in the Products and Services Market, has the potential to make sales of $348,000 in just 18 months. It is possible to expect revenue growth of 24.53% with good management. The projections for Fiscal Year 2 are very solid.

Based on the investor’s investment, each investor will have equity. An in-depth look at Ratios can be found the Financial Plan section.

Our primary markets are:

1. Auto repair, and Automotive Industries. (JTB Tools)
2. Contractors for private and commercial utilities. (JTB hole-making products, services)
3. Sporting Goods Industry. (JTB drills and drill refurbishing)
4. Metalworking and Manufacturing industries as a service provider.

Ways to minimize risk factors to JTB Products and Services, Inc.’s success include:

1. The ability to raise sufficient capital to finance the project through completion.
2. Lower overhead than anticipated will result in higher bottom line profits. Managers will hire multi-skilled employees. A continuous training program will ensure superior service. Customer satisfaction is the highest priority goal for developing the company.
3. You must build a customer base. An excellent location has been determined by demographics, and an aggressive marketing program by a full-time shared marketing associate will ensure the desired results.
4. Establish community involvement to demonstrate how the business will contribute to a better quality of life. To help civic groups reach their financial goals, the company will develop community projects that use its facilities. Schools, churches, or other groups are encouraged to reach out and support the company and its employees in fundraising.

1.1 Objectives

1. Integrate our products into the market for Industrial Distribution.
2. Direct-market to our product lines to more 100,000 potential clients across the U.S.
3. Utilize our Business Technology Software to gain market share.
4. We offer high-quality services and products to our clients, while maintaining high profitability.

We have been helping these businesses for many years with their production processes, job costing and expediting the services. These services are handled in a one on one fashion, the clients process for using the various products is reviewed, then a recommendation is made to either scrap, rebuild or replace the items in question. We can also recommend a replacement product from one of our distributor partners.

JTB Products and Services, Inc., is a JTB network partner and will also use the network for promotion of its products and service to our industrial distributor partners.

1.2 Mission

JTB will offer the highest quality products, services and development.

• Our products will save customers money and last longer than those of our competitors.
• Our re-manufacturing services will also offer the client a solid, value-based purchase backed by a 100% quality commitment and effort by our employees and management.

JTB’s manufacturing plant will be used by the mid-sized market to test our products. It will also serve as a model and test ground for future products. JTB will bring new and exciting ways for corporate customers to manage their external vendors and customers. This will lead to ongoing savings for them. JTB’s manufacturing partners will add value to its services and allow it to grow to be a long-term-oriented, high-quality company.

1.3 Keys for Success

1. Over twenty years of combined experience in Industrial Distribution and Metalworking.
2. Long-term, well-defined goals to ensure longevity. This plan was created to allow for flexibility and growth.
3. Strong project-management staffing with extensive prior Engineering experience, providing clients with product and service support in an industrial setting.
4. Strong marketing goals for niche products and service; targeted services and products that use unique marketing methods.
5. Startups have very low internal development costs. Management is well-suited for managing and developing all the projects described in this Business Plan. Pre-production expenses can be reduced by using industry partnerships to lower the initial costs of bringing products or services to market.
6. There are many quality vendors who can assist you in your product marketing.
7. There are many years of experience and successful business plans to draw upon. The previous business plan of management was instrumental in closing an SBA package worth $240,000 to purchase C.N.C manufacturing machinery. Management will implement all aspects of this business plan and will ensure that all required projects are completed to perfection.