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PROGRAMS OF STUDY CAREER & TECHNICAL EDUCATION ELECTRICAL INSTALLATION AND MAINTENANCE
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PROGRAM MISSION
The Electrical Installation & Maintenance Technology program's mission is to serve the
community as a learning-centered, open door program that provides technical training to
meet the demands of the electrical industry and the needs of the individual. An open-exit
option allows the students to identify their career objectives and participate in program
exploration.
PROGRAM DESCRIPTION
The curriculum is designed to prepare students with entry level knowledge and manipulative
skills for employment in the electrical industry. The program combines theory with laboratory
activities as an effective means of developing the skills essential to the electrical trade.
The student begins with the fundamentals of electricity and wiring of simple circuits, then
progresses to residential interior wiring, three phase alternating current power, and wiring of
more complex circuits and equipment. Safety is stressed as an integral part of each shop
task. Emphasis is placed on wiring in accordance with the provisions contained in the
National Electrical Code.
ELECTRICAL INSTALLATIONS
Standards Specification
The WorldSkills Standards Specification specifies the knowledge, understanding
and specific skills that underpin international best practice in technical and
vocational performance. It should reflect a shared global understanding of what
the associated work role(s) or occupation(s) represent for industry and business.
Executive Summary
For the past 10 years Robin Sullivan has been a Master Electrician with Gardner and
Miller, Inc. She is the first female electrician to hold the Richmond City Master
Electrician License. As a customer favorite, she has worked on every major construction
project in the tri-county area. Recently, Gardner and Miller has downsized its operation
and left the Richmond area. Robin's area of expertise is communication and electrical
installation and maintenance.
Premiere Electric is a new electrical contracting firm that Robin has started to serve the
former Gardner and Miller customers, as well as expand her services to new customers in
the tri-county area.
Robin, a member of local three jurisdiction, has experience working with Arc Electronic,
R.G. Conway and Gardner and Miller, Inc. Robin's area of specialization is data,
communication, electrical installation and maintenance.
Currently, there is $100,000 worth of business with former Gardner and
Miller customers. Robin believes she can capture a lion's share of it and build from that
base. She will start as the firm's only employee but will hire additional electricians as her
sales grow.
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business plan.
1.1 Mission
Premiere Electric's mission is to offer its customers the highest-quality electrical
services. Robin focuses on personalized service by offering convenience and rapid
service. Additionally, Premiere Electric has the technologically expertise to install
wireless voice and data systems, as well as intelligence systems in any size facility.
Finally, Robin has strong vendor relationships with the most service conscious vendors
who are capable of shipping major parts rapidly (on an overnight timeline in most cases)
minimizing the system down time for Premiere Electric customers.
2.
3.
4.
5.
Company Summary
6. Premiere Electric is a new start-up electrical contracting firm. The area's economic
growth the last several years has resulted in increased opportunity for the
installation of high-end electrical systems for security, data transfer and
communication. Premiere Electric is positioned to capitalize on the growing need
of businesses in the greater tri-county area.
Start-up Expenses
Legal
$0
Stationery etc.
$100
Brochures
$200
Start-up Inventory
Other
$10,000
$0
$10,300
Start-up Assets
Cash Required
$29,700
Long-term Assets
TOTAL ASSETS
Total Requirements
$0
$22,000
$51,700
$62,000
13.
14.We recommend using LivePlan as the easiest way to create automatic financials
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15.
16.Create your own business plan
17.
START-UP FUNDING
$10,300
$51,700
$62,000
Assets
$22,000
$29,700
TOTAL ASSETS
$0
$29,700
$51,700
Liabilities
Current Borrowing
Long-term Liabilities
$0
$22,000
$0
$0
TOTAL LIABILITIES
$22,000
Capital
Planned Investment
Robin
$40,000
Investor 2
$0
Other
$0
$0
$40,000
($10,300)
TOTAL CAPITAL
$29,700
$51,700
Total Funding
$62,000
Services
The services rendered by Premiere Electric can cover a project in its entirety from
original concept to acceptance of completed construction work.
Premiere Electric's focus is to meet the demands of the former Gardner and
Miller customer base. Premiere Electric has established relationships with these
companies and believes we will receive referral business from them over time. The
company estimates that 80% of revenues will come from old Gardner and Miller
clientele and 20% from new referrals and business. Though the former Gardner
and Miller clientele will be important during the first year of business, Robin
knows the future of the business is new referrals. The table below further estimates
the total market potential of type of services rendered by Premiere Electric in
the Richmond tri-county area.
We recommend using LivePlan as the easiest way to create graphs for your own
business plan.
MARKET ANALYSIS
YEAR
1
Potential
Customers
Gardner and
Miller Customers
New Customers
Other
Total
YEAR
2
YEAR
3
YEAR
4
YEAR
5
Growth
CAGR
0%
250
250
250
250
250
0.00%
20%
2,000
2,400
2,880
3,456
4,147
20.00%
0%
0.00%
18.23%
2,250
2,650
3,130
3,706
4,397
18.23%
The market for commercial electrical contracting services is very fragmented and
crowded. Among these, only a few are large firms with 20 or more electricians on
staff. The remainder are small firms with less than three full-time electricians. Premiere
Electric's current niche is its strong relationship with former customers of Gardner and
Miller. But this will not be sufficient for growth in a competitive market.
By focusing on data, communication and electrical installation and maintenance, Robin
reduces her direct competitors to two large electrical firms that bid on the area's largest
projects. Though, one day, Premiere Electric plans to be a force in the area's largest
projects, an opportunity exists now for new customers whose smaller projects are not
being pursued aggressively by Robin's competitors.
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for your own business plan.