Beruflich Dokumente
Kultur Dokumente
Executive Summary
Jack Hardware will be a standard general hardware store that offers the parts, material,
and advice to tackle any home repair, as well as lawn care. The primary focus will be to satisfy
the seasonal needs of the area's customers.
The Company will service the hardware and repair needs of the [COUNTY],
[COUNTY], [COUNTY] and [COUNTY] County households. The Company would like to
increase sales in all market segments above with a concentration of growth in sales to
homeowners who do their own repairs.
The focus of this business plan is to put forth objectives to launch operations, work
efficiently and effectively, and expand internal operations giving the Company the opportunity to
grow with sales growth in the surrounding County areas. Jack Hardware is ready to elevate to the
next step. The Company is seeking grant funding in the amount of Php 500,000.00. The grant
funding will be used to launch operations including purchasing the existing land & business,
construction of a new Building and purchasing equipment and displays for the store.
Additionally, the Company will purchase the opening inventory, develop a website and launch
an advertising campaign.
1.1 OBJECTIVES
There are four major objectives of this business plan, of which three are immediate and
the fourth is of a longer-term nature.
1. Customer Service - Give our customers the highest quality product and service at
a fair competitive price.
2. To create a safe environment for people in the community to come for their
hardware store needs.
3. To have a 12% annual revenue growth rate.
4. To successfully manage a hardware store.
5. To increase the availability of capital resources to invest in future expansion
projects.
1.2 VISION
A company with a global outlook, we want to be the best in the industry, a
company that is respected by customers, suppliers, employees and even competitors. And
to be the best-in-class provider of products and solution choices that drive our members'
and our co-op's profitability
1.2 MISSION
Jack Hardware's mission is to create a downtown hardware store that is reliable
and convenient. A store that offers great service and selection of hardware and home
improvement products in a customer friendly environment.
Seasonal Products: Each season has its own unique demand on a homeowner.
Jack Hardware will focus on this pattern and bring in local customers by marketing these
items at competitive prices.
Repair/Project Resource Area: The first section customers will find when they
enter is a repair/project resource area that they can use to plan repairs or projects. There
will be a repair/project resource person to answer questions and direct them to the section
of store where the needed products are.
10 000
Telephone 1 500
Legal 10 000
Brochures 2 500
Insurance 3 000
Rent 10 000
Start-up Inventory 205 995
Display Set-up (Fixtures) 35 000
Vehicle Downpayment 85 000
Advertising 10 000
Other 10 000
TOTAL START-UP EXPENSES 335 395
2.2.2 Start Up Assets
Cash Required
Start Up Inventory
Other Current Asset
Long Term Asset
Total Assets
STEEL
1O mm – 6m 100 PCS ₱11O ₱ 11 OOO
12mm- 6m 1OO PCS ₱12O ₱ 12 OOO
1Omm-9m 1OO PCS ₱13O ₱ 13 OOO
12mm-9m 100 PCS ₱2OO ₱ 2O, OOO
HOLLOW BLOCKS 10000 PCS ₱12 ₱ 12 000
LUMBER WOOD
2X2X8 3O PCS ₱ 115 ₱ 3,45O
2X4X8 2O PCS ₱24O ₱ 4,8OO
PLYWOOD
1/4 3O PCS ₱ 325 ₱ 975O
PLYWOOD 1/2 20 PCS ₱ 450 ₱ 9OOO
PVC PIPE
1 BLUE 3O PCS ₱ 115 ₱ 3,45O
3/4 BLUE 3O PCS ₱ 8O ₱ 2,4OO
1/2 BLUE 3OPCS ₱ 55 ₱1,65O
CEMENT ONE BAG 1OO PCS ₱ 21O ₱ 21,OOO
4OG
GI SHEET 3Omm 5O PCS ₱ 28O ₱ 14, OOO
PLYBOARD 3/4 5 PCS ₱ 91O ₱ 4,45O
NAILS 2OO PCS ₱1 ₱ 2OO
CONCRETE NAILS 2OO PCS ₱3 ₱ 6OO
GRAVEL 10 TONS ₱ 1100 ₱ 11000
SAND 10 TONS ₱ 1100 ₱ 11000
TOTAL ₱170 095
4. MARKET ANALYSIS
4.1 Market Trends
In a bid to revive the country's housing market and meet demand from the
growing population, the Housing and Land Use Regulatory Board (HLURB) has set a
target to construct 1 million housing units by 2016, and also announced the construction
of 301 condominium projects in Metro Manila, constituting 134,421 housing units over
2013–2017. Of the total, the mid-market segment consisted of 49,997 units (37.0%),
while one-bedroom housing units accounted for 104,028 units (77.0%). Residential sales
are stronger among the high-end market and foreigners, as they are more prone to leasing
and renting property. This will support residential construction activity in the country
over the forecast period. The reports also get very specific as far as what the potential
market is for hardware overall as well as specific categories within a store. There are
also numbers reports for the expected growth in the area over the next five years.
Implement a local campaign with the Company’s targeted market via the
use of flyers, local newspaper advertisements, and word of mouth
advertising.
PRESIDENT
PRODUCT
PROCUREMENT SALES MANAGER DEVELOPMENT
HUMAN RESOURCES
DIGITAL MARKETING
CASHIER ANALYST
6.1 Position Roles & Functions
President - Is the one who is in charge in creating, communicating and implementing the
vision and mission and overall direction. The president meets regularly with other
officers or managers of the company to make sure that the decision are needed to make
more strategic.
Finance - is in charge with understanding the unit's financial situation and not allowing
unintended deficit to occur. They remain accountable for resources entrusted them,
including funding facilities, staffing even if they have delegated budget and accounting
responsibilities
Marketing and Sales Directors - The directors of Sales and Marketing is responsible for
planning and implementing sales, marketing and product development to achieve
objectives for product and services.
Production Directors - it usually from group of board of directors. They planning and
organizing production schedules. Estimating, negotiating and agreeing budgets and
timescales with client and managers.
Administrative Director - Manage and make sure that the policies are in place to ensure
that the administrative function of the business run smoothly. These directors are also
responsible for keeping employee record up to date and involved in budget development.
Procurement - Purchase request for good and services are handled expeditiously,
observing the need meet requirement of university customers. Acquisitions are completed
in a fair and equitable manner.
Sale managers - there are responsible for achieving growth and hitting sales target by
successfully managing the sales team. Designing and implementing a strategic sales plan
that expand company's customer base and ensure it strong presence.
Human Resources - Maintain the work structures by updating job requirement and job
description for all positions. Prepare employee for assignment by establishing and
conducting orientation and training program.
Cashier - Receive and disburse money in establishments other than financial institutions.
Usually involves use of electronic scanners, cash registers, or related equipment. Often
involved in processing credit or debit card transactions and validating check.
//
6.2 Organizational Budget
OPERATING EXPENSES
Telephone 1 500
Legal 10 000
Brochures 2 500
Insurance 3000
Rent 10 000
Utility 15 000
Fixtures 35 000
Advertising 10 000
0ther 10 000
395000 x 0.00670
1 – [ 1 + 0.00670 ] - 36
= 12 386.00
Income Before Tax 121 961
Tax(12%) 14 365
Net Income 107 596
Month Sales
January 550 000
February 682 000
March 689 000
April 691 444
May 688 322
June 669 700
July 655 350
August 642 617
September 633 834