Business Plan For Future Electric - 5403 Words

A. Executive Summary A1. Company Identification: Future Electric is small business with its corporate location in San Diego, California. Future Electric offers high-quality framing, motor, and electronic parts in the United States. Merchandise, along with â€Å"plans† will be sold through the online store (www.FEnow.com) This business plan outlines the sales and some design goals slated for the first year of operation along with the associated costs, identify the needed capital and the guiding system required to launch and sustain successfully through the first year of growth. A2. Mission of the Company: Future Electric’s mission is to offer the best-quality parts and a fully integrated framing, motor and electronic system that is plug-and-play. To bring out the ‘designer’ and ‘inventor’ in everyone. â€Å"anyone can create useful gadgets†. The following goals have been identified to support the company’s mission: 1) Take advantage of current trends for U.S. made products 2) Provide designers a way to submit their own designs or â€Å"plans† 3) Be an industry leader by setting the standard for high quality designs and parts. 4) Provide designers royalties to capture better designs and community involvement 5) Provide excellent customer service to designers and consumers alike. 6) Ensure growth of the company through fiscal responsibility, total commitment to quality and through establishing a solid and strong brand recognition. A3. Business Goals: To successfully further theseShow MoreRelatedGeneral Electric And Its Swot Analysis1297 Words   |  6 Pagesto be prosperous in the prevalent business environment, every corporate business implements several approaches. Diversification is also one of the approaches that the businesses implement in which they develop their business procedures on an international scale. 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