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Tiêu đề Business Plan Template Online Course Google Tài Liệu
Tác giả Khanh Ngo, Pham Duc Thinh, Hoang Anh Vu, Viet Nguyen
Trường học Unknown
Chuyên ngành Business Administration
Thể loại business plan
Định dạng
Số trang 45
Dung lượng 338,02 KB

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construction plan group plan of Business Plan Copy Number 201 Table of Contents Heres a sample Table of Contents Be sure to modify the page...............................................................

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Unique Features or Proprietary Aspects of your Services or Products 8

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Conclusion 24

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-Our next year's goal is to reach $ 400,000 in sales, and achieve a sales turnover of about

$800,000 by the third year To achieve a client ratio of 30% commercial construction / 60% housing per year.Expand the domestic market and go international (Asian, American).And in future, our main target is long-term cooperation with Royal York Painting Company This will help True Colors company to provide greater long-term profits through referrals and repeat business

-True Color is a newly established limited liability company of four main founders with a total of

10 years of industry experience True Color will be the collaboration between Mr Viet, Mr Thinh, Mr Khanh and Mr Han Owners will invest a substantial amount of their equity in the company and will also seek a $100,000 loan to cover startup costs and future growth Ultimately, the company purchased a $200,000 line of credit that would be used if necessary to cover

unforeseen costs or opportunities

-True Color will be located at 1 Bass Pro Mills Dr, Concord, ON L4K 5W4 Facilities will include a reception area, principal offices, inventory storage area and a staff lounge True Color offers a wide range of services mainly focusing on residential and commercial interior and exterior paints The company also provides services such as plaster ceiling closure, sound

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absorption ceilings, pressure washing and others The idea is to provide customers with a range

of related services that will minimize their need to employ multiple contractors True Color will engage in a low cost leadership strategy while maintaining the right level of quality

-True Color company will initially focus on residential and commercial customers in the

Vaughan and North York area However, by the end of the planned three-years, the company is expected to serve the entire Province of Ontario The company has rigorously tested its financial forecast and concluded that they are both conservative in their profits and generous in spending This has been done intentionally to provide for unforeseen events Company principals believe that cash flow projections are realistic

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Vision

● In the next 3-5 years, our company will focus on the supply and paint of residential as well as repair some parts of the house if required

● As a co-founder as well as a manager, in a 3-5 year period, I will hire a few more employees

to help the company grow During this time, I will also look for new potential customers to expand our business In case we do not have enough workload, I might look for some

external short-term projects to ensure the company's finances

● When we started operations, our company could be seen as a small, hard-working contractor However in the future, it will be a franchise with premium service and higher prices

● Our company's financial position for the next 3-5 years is still growing and expanding Although we are already profitable, most of them are used to grow the company

Mission Mission Statement

Our mission is to become one of the top 10 painting companies in Canada, We aspire to carry a reputation in the marketplace for painting services such as a painting of buildings or other

structures, priming paint, waterproof paint and also painting with high quality for the residential and commercial renovation market We can achieve this by our experience, good customer services and also the affordable prices

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In pursuit of our goal, we resolve to treat customers, sub trades and the community with all our heart, we always work with the criterion of putting customer satisfaction first We receive every comment from customers and learn from this to make our company become better and better everyday

A Core Values

Integrity: We are committed to the company adhering to the highest ethical standards and willing

to learn from people who know better than us in providing supply, sales and repair services in the paint sector repair for customers

Commitment: We are pleased to demonstrate our continued commitment to dedicating and contributing to the development of high-quality buildings True Color Painting always cares about the time, money and desires of customers, so that we can provide comprehensive, special and effective international-standard painting and repair services for all purposes Respect,

sympathize and understand according to the motto "Color your dream"

Accountability: We are fully responsible for our actions

Respect: We treat our customers and employees with full respect and dignity

Empathy: We care about our customers and our employees The most important thing is their happiness and we will always treat all of our hearts

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Goals and Objectives for 2024

● Opening new showroom and warehouse in Toronto, Kitchener and Hamilton

● Partnership with small and medium construction companies in the Toronto, North York, Mississauga area

● Achieve sales of $ 300,000.00 a year

● Recruit and train 400 more skilled employees for the company

● Be in top 50 painting company in Ontario

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The Company

True Color was founded in 2017 by a group of engineers specializing in designing, constructing and supervising construction works with more than 5 years of experience in working on various construction projects The legal name of the business is True Color The original of company is

corporation but the company was incorporated by Mr.Khanh in 2017

Our principal offices are located at 1 Bass Pro Mills Dr, Concord, ON L4K 5W4 and showroom are located at 175 Kendal Ave, Toronto, ON M5R 3S8 We have approximately 175 square feet

of office space and 500 square feet of showroom We expect this facility to be adequate for the company's needs for one to two years

We have 9 skilled trades people Our current capacity is jobs of $50,000 per month If we exceed

30 jobs or $60,000 per month, we will need additional trades people and rent additional

warehouse to have the enough capital to work

Services and Products

A true Color Painting company will offer a wide range of services within the Painters

industry in Canada Our intention in establishing our paint company is to compete favorably with the leading companies in the industry in Canada and the world

We are ready to profit from the industry, and we will do all that is allowed under Canadian law to achieve our business goals Our business offerings are listed below:

● Supply Painting for retailers

● General residential painting

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● General nonresidential painting

● Paper hanging, wall covering, and removal

● Non-building painting

● Full prep work

● Drywall contouring

● Fine detailing

● Small carpentry work

● Specialty wall coatings

● Refinishing

● Acoustical ceilings

● Pressure washing/roof cleaning

● Other related services

History of our service offerings

Presently, our company is in the growth stage day by day We first offered to sell painting products and service residential or renovation house painting in 2017 and have since added or modified service with plaster ceiling closure, sound absorption ceilings, pressure washing, priming paint, waterproof paint, and others Special after 2 months of starting a company,True Color had a lot of contracts with residential painting and our company always works with high quality as well as happiness's customers We had a lot of beautiful colors for painting with many options for customers.With feedback from customers, we always listen and consider changing our service to be good every day Each project is customized according to the wishes and needs

of the customer The price is determined by the project's scope, materials required, equipment wear and tear, and the rate of return required

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Unique Features or Proprietary Aspects of your Services or Products

Industrial paint is the business of surface protection and corrosion protection Clients of

industrial paint are diverse, but most of them are organizations, not ordinary household

customers like decorative paint Industrial paint companies require a lot of technical factors so in all the fields True Color is involved in, the industrial paint company requires the highest level of professionalism The products of this coating are quite complex, with nearly a few hundred products in the range of industrial paint products with many different specifications Thanks to the above characteristics of True Color industrial , it is possible to devise marketing strategies that focus on the following corporate issues:

-Diversified products for large industrial projects, thereby building two different marketing strategies and suitable for each type of paint

- Product characteristics are durable, color fast, anti-bacteria

- Policy-making forms can be immediately configured for each product's highlights

Others in the market are able to provide somewhat similar products and services, but we are able

to differentiate ourselves in the market because we will bring to you the best product with the lowest price This provides the following specific benefits to our customers:

● Quality and reasonable price: All paints of our company are imported from top brands in the world

● Professional and effective working process

● Consulting: Free dedicated, easy to understand, fastest suitable for customers to choose ● Survey: Free, in person, professional, accurate

● Adhering to the needs and optimizing

● The contract is legally tight, putting customers' interests first

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● Construction: Safety, aesthetics, accuracy according to customer requirements

● Warranty policy: Fast, right process

● All paints of the company will be warranted from the manufacturer We are the bridge between the manufacturer and the customer True Color is committed to implementing the policy in the best interests of you

● After-sales policy: Your pleasure is our pride True Color not only gives customers the best after-sales services and services, ensuring the most demanding customers

● Discounts and promotions for loyal customers, VIP customers of the company

● Professional engineer team, always ready to support customers with technical quickly and wholeheartedly

Regulations and Permits- ( this may not be applicable to all renovators)

● Master business license

● Occupational Health and Safety

● Workmen’s Compensation

● WHMIS

● Ministry of labour

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Future Services and Products

● Our company will continue to expand in the coming years True Color will never stop moving forward and the future uses the best technology for continuous adaptation ● We will try to expand more branches in areas around Toronto to expand our business ● Grow a strong company and become a supplier to small paint companies

Strategic Alliances

Has developed important and profitable strategic alliances with the following businesses: ● LIZ Painter company is our main strategic alliance, is the main supplier for our epoxy raw materials By buying raw materials in large quantities, we get great discounts and

promotions, which benefits both companies

● PMG Company is also our other strategic alliance mainly based on corporate side

distribution they provide the necessary materials that we require

● Y8H Emp is a company that also provides part time or full time workers when necessary to

us, and we pay them by the hour

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Operating Principles and Procedures

We will first meet the client, then make a business plan After that, we will start to sign a

business contract Next we will review and list the prices on the right terms for customers After

we both reached an agreement, we started to plan the work:

To start the work, we will check our products to ensure the quality, then our site supervisor will check and check the quality of the work so that we plan to estimate the time to complete the job

We will then send staff to start work the next day starting from 10am to 6pm When the job is done, the supervisor site will check it for the last time If there is any request to change anything, the customer will contact the supervisor site

Our company works as follows: After completing 50% of the work, customers must pay at least 30% of the total amount Customers can pay by deposit, bank check

Costing, Estimating and Cost Control

The accountant will help us estimate and price a product between the sales product and the paint job Normally we value products through the websites of major companies, but we will sell them

at 1% lower than the market to create competition in sales to attract customers better In our company, usually, update prices monthly by accountants Then the price profile will be given to Thinh at the end of each month for review and implementation in the following month

Mostly, the accountant will check the actual expenses of the company every 2 weeks and will inform Thinh who will be responsible At the end of each day, Thinh will inventory the number

of goods sold for the day and will always ensure that the old shipment will always be secured enough to import the new shipment next month In addition, the employee's hours will be based

on the company's timekeeper When the employee starts and finishes work, the employee must confirm with the machine And each worker has a different identification number to identify

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within the company Finally, after one week of work, Thinh will be the inventor of the workers' hours and will estimate the wages corresponding to their hours worked

Contracts and Contract Administration

At our The True Color company, Viet Nguyen, Office Manager is the one who negotiates and signs contracts related to materials and labor However, developing standard contracts and

backups in the appendix are handled by Site Supervisor Han

Most copies of the contract are kept in a safe by Mr Viet in his office and he is also the person who is responsible for ensuring all aspects of the contract are completed and signed by the client

Purchasing and Cost Control

Items are purchased by Supervisor Han on wholesale to save time and cost He is also the person who is directly responsible for checking and estimating the work to make the most accurate goods order possible

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Scheduling and Time Management

Normally, the work schedule is arranged and deployed by president Khanh Ngo for the

management department under his authority On average, each month, the management

department will have a meeting to re-implement the company's plan Han is the direct manager at the site, arranging work schedules and salary, bonus issues for workers and making reports to manager Viet periodically Overall, the actual schedule and completion performance were pretty close to originally planned, even a bit faster than expected It is probably because the workers work with a great attitude with good management, which makes a strong, productive team

Supervision and Quality Control

The work is usually checked by supervisor Han every week to observe and prepare the report sent to Viet Nguyen so that he can track records of defects and assess quality against long term objectives

Communications and Record Keeping

In our company, we will hold a meeting once a month consisting of the heads and employees Usually the meeting will take place within 3 hours During the meeting, we consider the general situation of the company on customer service, sales revenue and each employee will be given their opinion to develop the company during the meeting Any comments on a new product or new method of operation for the company must submit it in writing and send it to Thinh After reviewing, what are the right ideas for developing the company will be made next month The records and strategies for the company will be kept confidential and managed by Thinh in the archive room Finally, Thinh will be the one responsible for implementing new methods, new strategies

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Customer Service

Mr.Thinh will work at the front desk and be responsible for the accepted procedures for

customers and the tracking system with:

Receiving guests/customers on behalf of the organization

Receive company parcels / documents

Handling inquiries via email and phone for the organization

Distribute mail within the organization

Ensure that all customer communications (e-mail, SMS, or phone) provide personalized

customer service at the highest level

Through customer interaction on the phone, take every opportunity to build customer interest in your company's services

Management of administrative tasks directly communicated by management effectively and promptly

Ensuring that repeat customers benefit from becoming loyal consumers with the True Color company, with benefits such as reduced product prices and free shipping

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● Ensure that supervisors and workers are aware of any known hazards at work and that the supervisor is qualified (e.g they understand the Occupational Safety and Health Act and are approved to ensure the job is done safely)

● Take all reasonable measures to protect workers

● In workplaces with more than five workers, have a written health and safety policy and program and post it in a public place to read

● Establish a fully functioning joint health and safety committee (or health and safety representative if required)

● Post the names and workplaces of health and safety committee members or worker representatives where visible

Han has the authority to implement safety procedures or to stop work if there is any serious danger on-site company or employers

Han has the responsibility and authority to report safety issues and to the Occupational Health & Safety Act by the Canadian government

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In fact, our target market is all of Canada, and we have planned to recruit freelance agents (brokers) across the country to represent our business interests in real estate anywhere they are based in Canada Here's a list of the people and organizations we've tailored to our services: ● Corporate organizations are interested in acquiring their own assets/assets

● The homeowner has a need to repair, repair, or sell the house urgently

● Real Estate Owners are interested in remodeling, painting, and selling their property ● Foreign investors are interested in owning real estate in Canada and remodeling and painting the property

● Government of Canada (Government Contracts)

● Administrators of public facilities want to invite paint companies to help them paint properties in their care

Our competitive advantage is that the painter's industry is truly a very prolific and highly

competitive industry Clients will only hire your services if they know that you can paint their home to match their ideal home picture We are well aware that being highly competitive in the industry means you must be able to deliver consistent quality paint jobs and you must be able to meet customer expectations at all times

The true Color company is a new paint company in the Painters industry, but our management team and business owners are qualified professionals to grow the business from the ground up to

be the top brand of our time as short as possible This is what will be considered a competitive advantage for us In addition to our extensive experience and the expertise of our team of

experts, we have a very strong online presence that will enable us to attract customers from across Canada Ultimately, our employees will be well cared for and their benefits package will

be among the best on our portfolio in the industry It will enable them to be willing to build a

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business with us and help realize the goals we have set and achieve all of our business goals and

goals We will also attract freelance marketing agents on a commission rate to help us market our services

Market Definition

True colors are competing in the Painting of the renovation industry This market impact total economy exceeds $ 12.2 billion in revenue on direct sales of $ 3.2 billion annually; supporting more than 86,000 jobs, and generating an estimated total salary of nearly $ 3 billion per year during the last 2017 The study also found that salaries and wages in the paint and coatings industry were on average 18% higher than in other industries According to LeRoux, Gary Economic Impact of Canada's Coatings Industry 1 Dec 2017,

www.pcimag.com/articles/104221-economic-impact-of-canadas-coatings-industry We believe that the main future trend in our industry will be toward the best coating and paint production services or products across Canada Paint production in Canada is forecast to recover The

industry will likely still be considered mature, with product lines clearly defined and markets already established With the economy recovering from the COVID-19 (coronavirus) pandemic, the domestic markets are forecast to be a bit turbulent, with housing continuing to decline due to improved oil prices, which should lead to a price increase Furthermore, residential construction has further stimulated demand for a wide variety of related goods, thus bringing in profits for the industry Continued growth in Canadian markets is also likely to support industry operators through increased export opportunities

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Market research LeRoux, Gary Economic Impact of Canada's Coatings Industry 1 Dec 2017, www.pcimag.com/articles/104221-economic-impact-of-canadas-coatings-industry suggests this market will grow to $4 billion by the year 2025 We expect the niche in which we compete to grow during this time Paint and coating manufacturers are the main drivers of total economic output, including adhesives and fillers, accounting for 36% of total economic output and 24% of total employment Raw material suppliers/distributors, professional coatings contractors, and retail stores together account for 64% of the remaining economic output and 76% of total

employment The total value of chemical raw materials and packaged goods sold on the

Canadian market of paints and coatings is estimated at about 5 billion USD / year Like most parts of the coatings and coatings industry Canada, Ontario and Quebec are once again important provinces where economic activity is generated by strong groups of companies in the coatings industry

Market Segment

-We define our market segment as the residential segment (including apartment buildings) and the commercial segment This segment has been developed in the last few years The boom economy has driven the paint contractors industry as people to spend more and save less

-Our services and products are valued by the following customer segments:

● The residential segment (including apartment buildings) and the commercial segment consisting of buildings used for professional purposes The company can handle any type building that needs its services

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