05 Mar Commercial Catalog Sales Business Plan
This plan provides detailed investor information and includes the basic strategic business plan information necessary for initial establishment and operation of: JTB’s Industrial Sales Division. The Industrial Sales Division is described in detail in the following sub-plan. JTB Industrial Sales, Inc. is one of three sub-corporations of JTB Technologies, Inc., a holding company. It will be established in Richfield, Louisiana in February as a corporation according to the Laws of the Commonwealth of Louisiana.
JTB’’s Industrial Sales Division is responsible for distributing top-quality Industrial-related services and products to both national and local customers. This includes the Automotive and Aerospace Industries and Primary Metals and Machining Industries. Mining and Contractor Industries. Military and Governmental procurements are also supported. JTB Industrial will work with many U.S. manufacturers to provide our clients with additional support and specialty products. JTB Industrial Sales is located together with other JTB Divisions. It will provide access to the equipment and staff of our Industrial Products and Services Division to support our clients’ needs.
Mitchell and Rachel Jeremy are the members of the management team that oversee the development of the Industrial Sales Divisions and the day-to-day operations. A team-oriented and customer-focused team of 3 will also support the management team. JTB, Industrial Sales, Inc. has retained the services a CPA firm in order to prepare tax returns and payrolls, as well as to serve as a business consultant for setting long-term strategic goals.
JTB Industrial Sales can make $325,000 in its first 18 months if it is able to take advantage of the current industrial distribution market prices. With good management, a revenue growth of approximately 24% percent is expected. These ratios are solid at the end Fiscal Year 2.
Each investor’s equity will be determined by the amount of his or her investment. An in-depth look at Ratios can be found in the Financial Plan section, below.
Ways to minimize risk factors to JTB’s Industrial Sales Division success include:
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- Securing sufficient capital to fully fund the project until completion.
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- A lower overhead than was projected will help increase bottom line profits. Managers will hire multi-skilled employees. A continuous training program will be provided to ensure superior customer service. This is an important goal for the development of the business.
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- Building a customer base. A great location can be determined using demographics. A full-time staff member will implement a marketing plan to achieve desired results.
- Establishing community involvement to demonstrate how the business will contribute to a better quality of life. Companies will provide facilities for community groups to help them reach their financial goals. Schools, churches, and other groups are welcome to reach out and engage with the company and its workers for fundraising and other activities.
1.1 Mission
JTB Industrial Sales distributes and supports only the finest products and services. This is our primary goal. We will work closely with clients to build solid business relationships in the local Louisiana market and the national market. Today’s market demands new marketing methods and client satisfaction.
Today’s client seeks the most cost-effective options and expects the best from its vendor base. JTB’’s mission is all about the Automotive, Aerospace, and Industrial market.
1.2 Objectives
The following are the main objectives for our target market:
- Integrate the services and products of our distributors into the industrial market.
- As an industrial distributor, you can sell products and services from our manufacturing partners.
- To gain market share, you can use technology software and websites.
We have been in business for many years.
This niche is helping companies with production, job costing and expediting industrial supply purchases. These services should be offered in a one to one setting. Our Sales staff will review the client’s preferences and make a recommendation.
JTB’s Industrial Sales Division will be a base partner in the JTB network as well, and will also use this network to promote our products and services throughout our industrial partners. Our order processing and custom marketing systems will allow us to increase our compatibility for information and order processing.
This technology will facilitate many typical tasks, allowing us to place requests to vendors and accept requests from customers simultaneously. JTB can easily provide information such as order tracking, inventory, engineering and other details to larger companies that need EDI. JTB Industrial Sales can promote its products and services to all customers in Louisiana and nationwide.
1.3 Keys for Success
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- Seasoned management with over twenty five years of business experience in the Industrial Distribution and Tooling industries.
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- For longevity, you need to be focused and have well-defined long-term goals. Plan is designed to allow flexibility for growth.
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- Highly skilled project management team with prior Engineering experience provides product and service support for industrial clients.
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- Marketing strategies that focus on niche products and service, as well as products that target specific markets and are delivered using unique marketing techniques, can help you achieve strong marketing goals.
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- Very low internal development costs at startup.
- A previous base of quality suppliers is available for you to use. We have over twenty years experience working with industry contacts, both in the purchase and in the promotion of our own products.
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