However, you still need to fill up the business plan templates with your own research, information and knowledge. Use this example introduction of a business plan as a template to create your own. Below therefore are the sales projections that we arrived at for Motown Mechanical Engineering Firm using several assumptions; N.B: It should be noted that the above sales projections were carried out based on the fact that certain assumptions would not change, such as there would not be a downturn in the economy or the arrival of any major competitor. This is why we are committed to only hire the best hands within our area of operations. Drafts policies and strategies that will set the path for the organization’s future, Meets with high level clients on behalf of the organization, Reviews policies and modifies ineffective policies whilst ensuring that effective policies are duly implemented, Coordinate all the departments and ensures that management staff duly understands the policies of the organization, Takes certain important decisions on behalf the chief executive officer, Handles all financial transactions and ensures that all transactions are in accordance to financial rules, Monitors the revenue of the organization in order to ensure that the loan collected is fully repaid, Prepares tax documents accurately and ensures that they are submitted to the tax authorities as at when due, In charge of all machineries and employees working in the plant, Ensures that machineries in plant are functioning fine, Carries out light maintenance and repairs when necessary on behalf of management, Conducts recruitment and carries out orientation of new employees on behalf of the organization, In charge of employee welfare and incentive packages, Carries out regular performance appraisals in order to rev up the productivity of the employees for the benefit of the firm, Conducts market research in order to determine new markets for the firm, Drafts effective marketing objectives to be used to attract clients for the firm, Meets physically with clients on behalf of the firm, Answers enquiries from clients with the aim of giving back accurate information about the company, Ensures that they are updated not only on company policies but also on industry trends, Keeps an updated and accurate database of clients on behalf of the firm, Looks into developing new businesses in order to generate new streams of income for the firm, Works with the marketing executives in order to understand the target market, Carries out any other duties that might crop up, Drives supplies and materials to and from the firm, Ensures that materials gotten are accurate and in line with documentation, Carries out light maintenance and repairs on the vehicle when necessary, Ensures that the premises and properties is always secured at all times, Monitors all activities both incoming and outgoing on behalf of the organization, Provides beneficial security tips on behalf of the organization, Ensures that the premises is kept clean at all times, Ensures that cleaning supplies are always in stock, Carries out all duties as might be determined by the human resources, Ensure that we formally introduce our mechanical engineering firm to our potential and existing clients as well as industry stakeholders, Throw a grand opening party to launch our mechanical engineering firm in a way to boost awareness for our firm, Place advert for our mechanical engineering firm in local newspapers, and on radio and television stations, Ensure that we use social media platforms such as LinkedIn, Google Plus, Facebook, and Twitter to advertise our business, Ensure that we are listed in local (yellow pages) and online directories, Sponsoring projects in the local community in which we are based, Use corporate social media platforms like LinkedIn, Google Plus, Facebook and Twitter to generate the right awareness for our mechanical engineering firm, Placing of adverts in local newspapers as well as on radio and television stations, Install our bill boards in strategic locations all around Detroit – Michigan in order to raise awareness locally about our services, Distribute our handbills and fliers in target locations, Promote our activities vi our official website as well as on other related blogs and websites, Total fee for registering the business in the United States of America –, Obtaining of licenses, permits and accounting and customer management software –, Cost of hiring several reputable business consultants and payment for a business plan –, Insurance coverage (general liability, asset insurance, equipment insurance and workers’ compensation) –, Cost of purchasing several equipment and machinery –, Operational cost for the first 6 months (payments of employee salaries and utility payments) –, Cost of leasing a facility for use at six years and carrying out renovations –, Marketing promotion expenses (grand opening party promotion and general marketing) –, Other start-up expenses (furniture, stationeries, computers, printers, and phones) –, 30% of the total capital from sale of personal stock, 70% of the total capital from the commercial bank. Finally, we intend to re-invest 30% of our profit back into the business as we know that this will help us have a strong bottom line that will be highly beneficial to our business and allow us suitably expand our services which will in turn bring in more earnings. Identifies development opportunities; follows up on development leads and contacts; participates in the structuring and financing of projects; assures the completion of development projects. Hvac Plan We therefore are in business to offer our services to the following group of people; We are a business established because of our passion for the engineering industry and the desire to bring forth standard practices through our ethical practices. According to a study by Commerzbank, the mechanical engineering industry in Germany was on the positive outlook as there was a slight increase of about 3% in demand for the country’s products by other nations in Europe. 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