Tag Archives: engineering

Electronic Engineering Business Plan


Electronic Engineering Business Plan


Rosafarbenes Nilpferd & Sons Engineering, Inc. (RNSE) has established a strong foothold in a niche technology market for Product Category One* devices. The potential market demand for 180 million units is far greater than the current supply and is increasing at 22% per year. Recent profits and sales growth at RNSE show the company’s ability to profit from this boom market. Sales are projected to grow from the first quarter of Year 1 total of $280,000 to $1,600,000 by the end of the first year, and to exceed $14 million by the end of the third year of operations. Similar growth patterns will result in significant increases in before-tax profits by Year 1, and continued increase through Year 3. These results can be achieved without the need to increase fixed assets. A relatively small banking facility will be needed in the form of a line of credit of $150,000-$200,000 to support the necessary growth in current assets, half of which will represent prime corporate receivables.

*Note, Propriety and confidential data have been removed or disguised from this sample plan.

1.1 Objectives

While working to develop Rosafarbenes Nilpferd & Sons Engineering’s image as the premier maker of Product Category One devices with the latest cutting-edge technology, the measurable objectives are:

  1. Complete work to make RNSE’s products compatible with at least five of the most popular first-tier operating systems (by end Month 5, Year 1), and at least three others within one year.
  2. Complete a thorough website redesign and get out a quality mailer to 300 Value Added Resellers (VARs) (by end Month 6, Year 1).
  3. Based on a professional media analysis, create an effective advertising campaign for trade publications that targets the telecommunications and industrial automation sectors.
  4. By networking and partnering operating system developers, technology manufacturer, and other industry actors, you can arrange at most five banners/links in a reciprocal arrangement with key market-related sites.

1.2 Mission

Rosafarbenes Nilpferd & Sons Engineering’s mission is to create cutting-edge Product Category 1 solutions to appliance and equipment manufacturers who are often under pressure due to technology’s rapid pace to bring their products to market quickly. RNSE does this by having a small &#8220:think tank-style technical team and outsourcing manufacturing. It also keeps a marketing offering that caters to the most demanding Product Category One needs, while leaving the simple, high-volume, price-sensitive market requirements to the competition.

Notice: The sample plan has not included confidential or proprietary information.

1.3 Keys to Success

The demand is so great that there is no way to stop it from growing.

  1. Contract manufacturing of devices is possible, provided you have enough components. Ordering sensitive components requires careful planning. To support long inventory periods, sufficient financing is required.
  2. Avoid asking for time-consuming inquires from people outside your chosen market. Everyone is interested in Technology 1. It is important to sort through all inquiries and to respond to those within the sales and marketing parameters. These include needs between 100 and several hundred units that are designed for high-ticket, sophisticated equipment.
  3. To build brand recognition for reliability and cutting-edge technology, you must act quickly. The market need for Product Category 1 devices is potentially so large that more competitors can be expected. It will be difficult to establish an image in the future.


Engineering Consulting Business Plan


Engineering Consulting Business Plan


StructureAll Ltd. was established as a consultancy firm that specializes in structural engineers services. A home office in Yellowknife, NT will be established the first year of operations to reduce start up costs. The founder of the company is an engineer with 18 years of progressive and responsible work experience.

The founder, Philip Nolan, provided an initial investment towards start-up costs. Half of the amount will go towards start-up expenses, and the balance will be put into company accounts as working capital.

The firm will focus on providing visualization and 3D modeling services to our clients. Business plans will incorporate state of the art analysis and design software. The production team will have a focal point if they implement a quality control or assurance program.

1.1 Objectives

  1. In the first year, revenues were modest. However, they grew slowly over the next two.
  2. At the end the third year, the market value has reached 20%
  3. Increase gross margin by a substantial amount in the third year.

1.2 Mission

Our mission it to provide clients in Canada&#8217s North with all types of structural engineering services, from concept to completion. A highly skilled professional team works together with common sense and practical knowledge.

1.3 Keys to Success

  1. Provide professional quality services within the agreed timeframe.
  2. You should develop a plan for following-up with your clients to measure performance.
  3. Adopt and maintain a policy of quality control.


Engineering Business Plan


Engineering Business Plan


Introduction

Compton Geotechnical Associates Inc., (CGA), will provide innovative solutions to geological engineering service throughout Maine.

CGA will target this narrow geographic area and leverage its collective reputation. This will allow CGA to enter the market with long-term, cost-effective contracts that focus on quality service. We believe we can serve this market better than larger companies and have better service packages than other comparable-sized firms.

The Company

CGA will be a Delaware limited liability partnership for tax purposes. Its founder is Mr. Martin Compton, a former engineering geology department head with Wilson and Brown, Inc. Mr. Compton has brought together a highly respected group of geologists, hydrologists, engineers and graphic art specialists who, combined, have a total of 35 years of experience in this industry.

The company currently has only a small number of private investors. They do not intend to become public. The company has its main office in Augusta Maine. The facility includes a soil/rock/water test lab, conference room and office spaces. The company plans to start offering its services in January 1, 2001.

The main clients of the company will be large construction companies, local, state, and municipal governments, as well as utility and water companies. Our focus on institutions that have special needs will allow us to provide better service and a superior service.

The Services

CGA offers complete geo-engineering service to all of our clients. Our services fall into two main categories of geotechnical engineering services and construction monitoring/laboratory testing.

Some of these services include surface and groundwater evaluation, slope stability analysis, bluff studies, laboratory analysis of soils, rocks and groundwater, load testing, and settlement analysis. Each project is custom-tailored to each client. The scope, cost, reach, depth, and reach of each project are all unique.

The Market

This market is full of potential, especially because many potential customers are required to perform geotechnical surveys and monitoring prior to construction.

Since 2000, the geoengineering business has experienced rapid growth. According to Journal of Hydrology & Geoengineering over the past five-years, the industry averaged around 22% annually. For every few dozen well-known firms, there are thousands of smaller consulting companies and individual consultants. These companies range in size from multinational corporations with a strong brand to small local businesses that employ tens of thousands.

Financial Considerations

You will need to start-up assets [see the Start-up Table]. This includes expenses as well as the cash required to support operations up until revenues become acceptable. While most of the company’s obligations will come from outside investors and management investments, we have secured [see Startup Funding table] in current borrowings from Bank of America Commercial Investments. This principal will be paid off in two year. Charter Bank of Augusta will pay off a long-term loan of [see Start up Funding table] in ten years.

The company expects to be profitable in year one, and has no plans for serious cash flow problems. We conservatively believe that during the first three years, average profitability per month per segment will be about $8,000. We expect that about three projects per month will guarantee a break-even point.

1.1 Objectives

The three year goals for Compton Geotechnical Associates (CGA) are the following:

  • Breakeven within two years
  • At least four clients should be signed up for long-term agreements.
  • To build long-term relationships and word-of mouth marketing, we must achieve a minimum 95% customer satisfaction rate.

1.2 Mission

CGA strives to be innovative in providing geological engineering services. CGA also strives for long-term client relationships. CGA delivers excellent services in a timely, cost-effective way.

1.3 Keys to Success

The keys to CGA&#8217’s sustainability and long-term profitability are listed below:

  • Create long-term contracts that demand constant monitoring or on-call services.
  • Keeping close contact with clients and establishing a well functioning long-term relationship with them to generate repeat business and obtain a top-notch reputation.
  • We offer a complete service experience to our clients, including consultation, field and laboratory work and in-house analysis and follow-up monitoring of geo-hazards.
  • Architectural Engineering Business Plan


    Architectural Engineering Business Plan


    Pyramid Engineering is a firm specializing in mechanical, electrical, plumbing and fire protection. We offer engineering, design, consulting, and engineering services for government, commercial, and educational facilities. We provide engineering services that are more cost-effective and result in better design and construction.

    The target clients are architectural firms. The target work can be divided into five categories: contractors, educational, government, commercial, and health care. Our knowledge of digital-based design resources will give Pyramid an edge. The firm will stand out by its exceptional customer service. Implementation of a quality control and assurance program will also provide a focus for production.

    Pyramid Engineering, P.C. was created as a professional corporation chartered in Pennsylvania. The four founding partners are John Lavoie; Tom Heasley; John Solarczyk; and Eric Haugh. All of them are licensed engineers with a combined total of 90 years’ experience.

    Year 1 sales are expected to exceed $350,000 and increase to in excess of $400,000 by the end of Year 2. This year will be the first year of profitability. Expected profits to rise significantly by Year 3.

    The biggest challenges facing the firm are expanding its client base and positioning it to be a more prominent player in a global market.

    This business plan defines the goals, focus, as well as the implementation of this firm. To sustain our cash flow in the coming year and to make sure we stay profitable, we are looking for $26,000 in short term borrowing.

    1.1 Mission

    Our mission it to provide the highest quality professional engineering service in construction to a balance of public and private customers. We strive to provide high quality service and ethical practices, as well as reasonable profit.

    We will be sought out by our clients for our reputation of being an integrated engineering company whose ability to collaborate goes beyond our walls to include our clients and the entire project team as well as the surrounding community.

    We will be honored for our design excellence and systems integration as well as our commitment to sustainability. We will promote the idea of a greater unity between people, materials, and the environment through our designs.

    We are committed to adding value through innovation, creativity, aligning with our clients’ goals, delivering services that exceed their quality, schedules, or cost objectives.

    1.2 Objectives

    Pyramid has identified and achieved the following objectives

    1. Revenues of $350,000 for Year 1. Estimated to reach $400,000 after 5 years.
    2. At the end the fifth year, achieve 10% market share
    3. Reach profitability within three years.
    4. In five years, you can be a top-ranking engineering firm in central and western Pennsylvania.

    1.3 Keys To Success

    Pyramid identified several keys that will lead to a sustainable company. If these keys are followed, the likelihood of success will significantly increase.

    1. Excellence in providing high quality professional services that are on-time and within budget
    2. To increase visibility and generate business leads.
    3. Developing a follow-up strategy to gauge performance with clients.
    4. Implementing an assurance and quality policy.
    5. Leveraging expertise from our combined experience into multiple revenue generation opportunities: mechanical, electrical, plumbing, fire protection, and project consulting.


    Construction Engineering Business Plan


    Construction Engineering Business Plan


    Indonesia EEC (U.S. Energy Engineering & Construction) is a subsidiary company that offers services such as engineering, design and procurement, construction and project management, environmental consulting and management consulting, quality assurance, quality control, information management and operations maintenance and process technology development.

    Management of the U.S. EEC wants Indonesia EEC’s financial performance to be good. Indonesia EEC, a subsidiary of U.S. EEC has the following objectives regarding the products and service lines for EPC power generation projects and power delivery projects.

    1. Increase customer awareness over the planning period.
    2. A joint venture can be established with a trusted local company, which will reduce competition and lower risks. It also helps to lower prices.
    3. EPC prospects are not the only ones to pursue.
    4. Utilizing the joint venture company as the main entity of EEC to conduct business in Indonesia, and to provide all aspects of energy engineering services.

    2.1 Company Ownership

    Indonesia EEC was founded as an Indonesian Perseroan Terbatas (PT.) Corporation based in Jakarta (Indonesia) under the Foreign Investment Laws of Republic of Indonesia. The company is owned entirely by the Energy Engineering & Construction company of U.S (U.S. EEC).

    2.2 Company history

    EEC has been operating a Jakarta-based representative office since the 1980s to establish its presence in Indonesia’s market. It saw the need to establish a presence in Indonesia as both a local business that can meet the needs of potential customers and its longer-term, larger U.S. customers who invest in Indonesia and the Southeast Asia Region.

    Indonesia EEC was founded in 1996. U.S. EEC is the sole owner of all shares.

    Past Performance
    1996 1997 1998
    Sales $50,000,000 $65,000,000 $87,500,000
    Gross Margin $23,000,000 $29,900,000 $40,250,000
    Gross Margin % 46.00% 46.00% 46.00%
    Operating Expenses $4,800,000 $4,850,000 $4,645,000
    Collection Period (days). 72 63 63
    Balance Sheet
    1996 1997 1998
    Current Assets
    Cash $15,000,000 $19,500,000 $26,250,000
    Accounts Receivable

    $6,112,981 $7,946,875 $10,697,716 Other Current Assets $525,931 $683,710 $920,380 Total current assets $21,638,912 $28,130,585 $37,868,096 Long-term Assets Long-term Assets $710,837 $924,089 $1,243,965 Accumulated Depreciation $0 $0 $0 Total Long-term Assets $710,837 $924,089 $1,243,965 Total assets $22,349,749 $29,054,674 $39,112,061 Current Liabilities Accounts Payable $2,478,188 $3,221,644 $4,336,828 Current Borrowing $0 $0 $0 Other Current Liabilities (interest not paid) $0 $0 $0 Total Current Liabilities $2,478,188 $3,221,644 $4,336,828 Long-term Liabilities $0 $0 $0 Total Liabilities $2,478,188 $3,221,644 $4,336,828 Paid-in capital $1,996,500 $3,295,460 $4,743,900 Retained earnings $116,967 $952,048 $1,781,333 Earnings $17,758,094 $21,585,522 $28,250,000 Total Capital $19,871,561 $25,833,030 $34,775,233 Total Capital and Liabilities $22,349,749 $29,054,674 $39,112,061 Other inputs Payment Days 30 30 30 Credit Sales $31,098,365 $40,427,875 $54,422,140 Receivables Turnover 5.09 5.09 5.09

    2.3 Facilities and Company Locations

    The office is situated in downton Jakarta. This location provides convenience, being near the airport, but also allows the company room to grow. Indonesia EEC occupies an area of 800-square meters and has offices for each department.

    Computer Engineering Business Plan


    Computer Engineering Business Plan


    Todd, West, and Associates is a specialist in modification to inventory management systems. Its network engineering skills and connectivity ensure that the company is able to provide a comprehensive wireless solution for warehouse management issues. Todd, West, and Associates have over 15 years of experience in the ADC (Automated Data Collection).

    Prior to the creation of this new company, Todd, West, and Associates worked for major companies in the wireless modification industry. Their unique perspective has already led to two of the industry leaders, Symbol and CDS, outsourcing special modification orders to Todd, West, and Associates.

    1.1 Objectives

    These are the objectives of Todd, West, and Associates:

    • Assemble the company to be a leader of warehouse wireless connectivity.
    • Each year, increase client base by 20%
    • Create packaged solutions for warehouse management.

    1.2 Mission

    Todd, West, and Associates aims to directly work with customers in order to improve their warehouse management system. The improvement, modification and/or expansion of the warehouse data infrastructure will ensure that the business runs efficiently and smoothly.