The first, as mentioned earlier is the food industry. This segment is growing at an annual rate of potential customers identified. The second segment is the computer industry with a 5 growth rate and 1500 possible customers. The retail industry is the third with a 2 growth rate and 1500 customers. The last segment is a catch all other segment growing at 2 and 500 customers. Management, mikes Trucking is lead by mike smith, a 15 year industry veteran.
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Use this example to essay compile your own. Executive summary, mikes Trucking Service is a dallas, tx based trucking company that aims to be one of the largest trucking companies in the usa. Mikes is initially focusing on the food industry with plans to diversify with new industries served. Download: Free, business, plan, template download. Mikes has chosen the trucking industry as the growth prospects are encouraging and stable, with trucking dominating the freight industry in this country. Services, mikes will offer both for-hire trucking as well as private carriers. Most of their business will be derived from the private carriers. . For the private carrier segment, both truck load (TL) and less than truck load (LTL) will be offered. Mikes services will be especially attractive to the food industry, as participants in that industry typically use referrals, reputation, and customer service as purchasing variables. Customer Segments, mikes will serve four different market segments.
The barriers to entry and exit are moderately low in this bill industry. Switching costs are virtually non-existent and the costs to entry and exist the market are low. The large number of competitors in this field including substitutes mean that the pricing for such services are very competitive. The only way to have an advantage in this industry is a low cost leadership principal applied aggressively to all aspects of the business or to build up customer relations to a point where the switching costs are raised. 3.3 Technology The technological revolution in computers has enhanced our abilities to diagnose and repair our clients vehicles. F r will remain on the cutting edge by instituting the use of computer diagnostic equipment in its shop. The company will continue to seek new ways to provide a better service through technology. 3.4 Future services The company does not have any plans to create further services at this time. Use this sample business plan to get your trucking business on the road.
Suppliers have a great deal of power in setting and negotiating the prices of their products and services to repair shops. This is due to the fact that the suppliers who absorb the greatest amounts of cash from repair shops are large auto part companies. These companies are more consolidated that the repair industry, have deeper pockets, an almost limitless number of substitute customers, and finally they are the single most important supplier to f r's industry. Therefore, these companies can set whatever price they wish. Furthermore, labor is a supplier in this industry as well, and salaries for such individuals are well known and not very flexible. In addition, because the customers see the service as undifferentiated and a "commodity" with little value separation between competitors (if they offer a suitable level of quality) buyer power is also very high. Additionally, the costs of our services are not cheap, and buyers are willing to search for the most favorable combination of price and acceptable service.
Auto repair Shop Business Plan Sample - services Bplans
Finally, the barriers to entry are moderately low, and resume the large number of competitors in this field, including substitutes (such as do-it-yourself work) mean that the pricing for such services are very competitive. The only way to have an advantage in this industry is a low cost leadership principal applied aggressively or to create higher switching costs through the building of strong business to customer ties. F r, auto will hire trained and certified mechanics who are able to prove they have superior customer awareness and interaction. It is the company's professional people who will fulfill the firm's contracts and goals. The largest part of the company's expenses will be in labor costs. F r, auto provides a wide range of auto repair services.
These include: Scheduled maintenance. Wheel alignments, tires and rims. Each job or project will be on a reservation basis, although we will accept a small percentage of drive in repair work. 3.2 Competitive comparison, the auto repair industry is highly competitive. . Each company within this field has high capital costs, low margins, and a high intensity of competition.
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The world's 1 Business Document Templates Software 2018 biztree inc. About biztree business -in-a-box Other Languages). F r, auto offers a wide range of services as outlined in the detailed sections below. It is ultimately the goal of the company to offer a one-stop facility for all auto servicing needs, including brakes, transmission, wheel alignment, etc. In this way the company can offer greater perceived value for the customer than many other shops which specialize in certain areas. The industry is highly competitive with suppliers having a great deal of power in setting and negotiating the prices of their products and services to repair shops. In addition, because the customers see the service as undifferentiated and a "commodity" with little value separation between competitors, buyer power is also very high.
Auto repair Shop Business Plan - template sample form
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business, document Templates, to help you streamline your. Business, document Description, your company name, business. Plan, contact: your name, direct Phone: your phone number, your address. City, state zip, email: document Outline Info, size2351KB. FormatMicrosoft Word (.doc languageEnglish, category, business. TypePlans, examples of Related Documents, all These templates Are part of the.
The company's 100 Satisfaction guarantee is our personal commitment to creating long-term relationships with our customers. Services, company name will provide vehicle repair and maintenance such as, Transmission repair, front-End Alignment, diesel repair, differential repair, air-conditioning/heater repair, brakes, Struts, oil lube, and Tune-ups. The market, company name will be located in city, state. The company will target the surrounding area of city along with three surrounding counties of: gavin, murray and McClain. Financial Considerations, the current financial plan for company name is to obtain grant funding in the amount of 303,000. The grant will be used to launch a mechanical repair shop including leasehold improvements, purchase equipment, purchase of office furniture, fixtures and equipment, create our website, hiring business employees and launching an advertising campaign. The major focus for grant funding is as follows. Launch vehicle maintenance and repair shop. Purchase energy efficient maintenance shop.
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1.0 Executive summary, company name, contact: name, direct Phone: xxx-xxx-xxxx. Address, city, state zip, email: email, introduction. Company name will provide vehicle maintenance and repair to city, ok and surrounding areas. Location, name is looking to purchase a 7,900 sq ft shop the in city, state upon receipt of grant funding. Company, the company offers vehicle mechanical repair services. Company name will be a sole proprietorship owned 100 by name. Name has been in the mechanical repair service business for over 30 years. Company name will be committed to quality and service.