This cabinet making business plan template has 30 pages and is a MS Word file type listed under our business plan kit documents.
Sample of our cabinet making business plan template:
1.0 Executive Summary 1 Chart: Highlights 2 1.1 Objectives 2 1.2 Mission 2 1.3 Keys to Success 2 2.0 Company Summary 3 2.1 Company Ownership 3 2.2 Company History 3 Table: Past Performance 3 Chart: Past Performance 4 3.0 Services 4 4.0 Market Analysis Summary 5 4.1 Market Segmentation 5 Table: Market Analysis 5 Chart: Market Analysis (Pie) 6 4.2 Target Market Segment Strategy 6 4.3 Service Business Analysis 6 4.3.1 Competition and Buying Patterns 6 5.0 Web Plan Summary 6 5.1 Website Marketing Strategy 7 5.2 Development Requirements 7 6.0 Strategy and Implementation Summary 7 6.1 SWOT Analysis 8 6.1.1 Strengths 8 6.1.2 Weaknesses 8 6.1.3 Opportunities 8 6.1.4 Threats 8 6.2 Competitive Edge 8 6.3 Marketing Strategy 9 6.4 Sales Strategy 9 6.4.1 Sales Forecast 9 Table: Sales Forecast 10 Chart: Sales Monthly 10 Chart: Sales by Year 11 6.5 Milestones 11 Table: Milestones 11 Chart: Milestones 12 7.0 Management Summary 12 7.1 Personnel Plan 12 Table: Personnel 12 8.0 Financial Plan 13 8.1 Important Assumptions 13 8.2 Break-even Analysis 13 Table: Break-even Analysis 13 Chart: Break-even Analysis 14 8.3 Projected Profit and Loss 14 Table: Profit and Loss 15 Chart: Profit Monthly 16 Chart: Profit Yearly 16 Chart: Gross Margin Monthly 17 Chart: Gross Margin Yearly 17 8.4 Projected Cash Flow 17 Table: Cash Flow 18 Chart: Cash 19 8.5 Projected Balance Sheet 19 Table: Balance Sheet 19 8.6 Business Ratios 20 Table: Ratios 20 Table: Sales Forecast 1 Table: Personnel 2 Table: Profit and Loss 3 Table: Cash Flow 4 Table: Balance Sheet 5 1.0 Executive Summary [YOUR COMPANY NAME] [YOUR NAME] INSERT ADDRESS [YOUR PHONE NUMBER] [YOUREMAIL@YOURCOMPANY.COM] Introduction [YOUR COMPANY NAME] manufactures and sells custom cabinetry required for homebuilders, residential remodels, kitchen re-facing, home entertainment centers, offices, wine cellars and storage options within a thirty mile radius of Concord, [YOUR STATE/PROVINCE] . The Company [YOUR COMPANY NAME] is a Sole Proprietorship with 100% ownership held by [YOUR NAME]. Our Services [YOUR COMPANY NAME] manufactures and sells custom cabinetry. Financial Considerations The current financial plan for [YOUR COMPANY NAME] is to secure funding in the amount of $226,000. The funding will be used to purchase woodworking equipment, a used company vehicle, fund the installation of solar panels on the company workshop, provide salaries for the addition of new employees, and expand company advertising. The major focus for funding is as follows: To fund an environmental friendly custom cabinetry company with a focus on environmental responsibility and recyclable materials. Chart: Highlights 1.1 Objectives The objectives of [YOUR COMPANY NAME] are to: Excel at producing excellence in innovative cabinetry production and design. Exceed and expand its prior year sales figures by 30%. Provide service that exceeds customer expectations. Expand company visibility utilizing advanced forms of advertising. 1.2 Mission The mission of [YOUR COMPANY NAME] is to offer excellence in custom cabinetry distinguishing itself as a preferred leader within the industry with an established history of exceptional products, and service with a host of gratified patrons. 1.3 Keys to Success The keys to the success of [YOUR COMPANY NAME] are: Its ability to offer the expertise and service derived from more than thirty years of industry experience. The established industry reputation of a Diamond Certified custom cabinet designer and manufacturer. Exceptional quality utilizing domestic materials. Innovative designs and solutions to augment space limitations. Resourceful ideas to maximize existing applications and recycle materials. 2.0 Company Summary [YOUR COMPANY NAME] is located in [YOUR CITY], [YOUR STATE/PROVINCE] which is in Contra Costa County located just east of the city of Oakland and is home to many affluent suburban professionals who commute to downtown Oakland, San Francisco and Walnut Creek. The company has been in business for more than 27 years and is under the direction of Owner and General Contractor INSERT NAME, who has more than 30 years of cabinetry and small business experience. [YOUR COMPANY NAME] designs and manufactures custom cabinet products for kitchens, bathrooms, entertainment centers, office workspaces, custom wine cellars, general home storage units, remodeling and re-facing projects. 2.1 Company Ownership [YOUR COMPANY NAME] is privately owned exclusively by General Contractor and sole proprietor [YOUR NAME] 2.2 Company History As a result of the current economic climate, sales for [YOUR COMPANY NAME] have declined from that of 2007 which totaled $697,410. While the ascension back to a healthy gross profit is slow, [YOUR COMPANY NAME] remains eminent within the industry and is utilizing this period to take steps to strengthen the products and services provided in order to emerge as a solid competitor when the Nation's economy stabilizes. Table: Past Performance Past Performance 2008 2009 2010 Sales $487,053 $369,453 $387,926 Gross Margin $269,731 $207,148 $213,362 Gross Margin % 55.38% 56.07% 55.00% Operating Expenses $151,757 $148,384 $152,836 Balance Sheet 2008 2009 2010 Current Assets Cash $52,000 $22,640 $42,660 Other Current Assets $0 $0 $0 Total Current Assets $52,000 $22,640 $42,660 Long-term Assets Long-term Assets $6,250 $6,250 $6,250 Accumulated Depreciation $3,250 $3,413 $3,576 Total Long-term Assets $3,000 $2,837 $2,674 Total Assets $55,000 $25,477 $45,334 Current Liabilities Accounts Payable $0 $0 $0 Current Borrowing $0 $0 $0 Other Current Liabilities (interest free) $0 $0 $0 Total Current Liabilities $0 $0 $0 Long-term Liabilities $0 $0 $0 Total Liabilities $0 $0 $0 Paid-in Capital $350,000 $350,000 $350,000 Retained Earnings ($412,974) ($383,287) ($365,193) Earnings $117,974 $58,764 $60,527 Total Capital $55,000 $25,477 $45,334 Total Capital and Liabilities $55,000 $25,477 $45,334 Other Inputs Payment Days 0 0 0 Chart: Past Performance 3.0 Services [YOUR COMPANY NAME] offers unrivalled quality in cabinetry with innovative and resourceful designs specifically suited to fulfill customer needs and maintain decades of usefulness. By listening, [YOUR COMPANY NAME] ascertains customer needs and crafts a product that is stylish and functional that exceeds customer expectations. Owner, [YOUR NAME], meets with each client in their home, assesses client needs and offers solutions and options by displaying a portfolio of previous products and sample materials with a written estimate of the service to be provided. Careful communication and follow through ensure that customer needs are met and designs are created within budget and timely. 4.0 Market Analysis Summary The U.S. cabinetwork and countertop manufacturing industry is a $15 billion industry and according to Kitchen Cabinet Industry Trends and the 2008 Hardwood Manufacturers Association National Conference and Expo long-term industry fundamentals remain in place with the following demand drivers: • Remodeling • New household formation • Expanded use of cabinetry in other areas of the home Failure to supply a certified product will likely result in lost market share with "Green" products gaining momentum. According to the Hardwood Manufacturers Association National Conference and Expo, higher-end cabinet manufacturing will remain in the U.S 4.1 Market Segmentation [YOUR COMPANY NAME] will focus on the following areas which are in close geographic proximity to [YOUR CITY] , [YOUR STATE/PROVINCE] . [YOUR CITY] - The population was 17,599 at the 2000 census. The town is located just east of the city of Oakland Concord, [YOUR STATE/PROVINCE] -As of the census of 2000, there were 121,780 people, 44,020 households, and 30,329 families residing in the city.
