This plumbing company business plan template has 35 pages and is a MS Word file type listed under our business plan kit documents.
Sample of our plumbing company business plan template:
Confidentiality Agreement The undersigned reader acknowledges that the information provided by [YOUR COMPANY NAME] in this business plan is confidential; therefore, reader agrees not to disclose it without the express written permission of [YOUR COMPANY NAME]. It is acknowledged by reader that information to be furnished in this business plan is in all respects confidential in nature, other than information which is in the public domain through other means and that any disclosure or use of same by reader may cause serious harm or damage to [YOUR COMPANY NAME]. Upon request, this document is to be immediately returned to [YOUR COMPANY NAME]. ___________________ Signature ___________________ Name (typed or printed) ___________________ Date This is a business plan. It does not imply an offering of securities. 1.0 Executive Summary 1 1.1 Objectives 3 1.2 Mission 3 1.3 Keys to Success 3 2.0 Company Summary 4 2.1 Company Ownership 4 2.2 Company History 4 3.0 Services 6 4.0 Market Analysis Summary 7 4.1 Market Segmentation 7 4.2 Target Market Segment Strategy 8 4.3 Service Business Analysis 9 4.3.1 Competition and Buying Patterns 9 5.0 Strategy and Implementation Summary 9 5.1 Competitive Edge 10 5.2 Marketing Strategy 10 5.3 Sales Strategy 10 5.3.1 Sales Forecast 11 5.4 Milestones 13 6.0 Management Summary 14 6.1 Personnel Plan 14 7.0 Financial Plan 15 7.1 Important Assumptions 15 7.2 Break-even Analysis 15 7.3 Projected Profit and Loss 16 7.4 Projected Cash Flow 20 7.5 Projected Balance Sheet 21 7.6 Business Ratios 23 Table: Sales Forecast 1 Table: Personnel 2 Table: Personnel 2 Table: Profit and Loss 3 Table: Profit and Loss 3 Table: Cash Flow 4 Table: Cash Flow 4 Table: Cash Flow (Cont'd) 5 Table: Balance Sheet 6 Table: Balance Sheet 6 Executive Summary Introduction [YOUR COMPANY NAME] is owned by [YOUR NAME] who has over 30 years of experience in the plumbing industry. The company is a small privately-owned plumbing company headquartered in [YOUR CITY], [YOUR COUNTRY] operating from the residence of [YOUR NAME]. The owner of [YOUR COMPANY NAME], [YOUR NAME] is very involved in the community by making financial donations or services to the: [SPECIFY] Location [YOUR COMPLETE ADDRESS] Phone: [YOUR PHONE NUMBER] Email: [YOUREMAIL@YOURCOMPANY.COM] The location sits on an acre of land with 1200 sq. ft. of office space and 10,000 sq. ft. of space for equipment storage and garage space for vehicle storage. The Company [YOUR COMPANY NAME] has provided plumbing services for [YOUR COUNTRY] for over 10 years. The Company was started to take advantage of the perceived weakness and inadequacies of other regional companies in terms of quality and customer satisfaction. [YOUR COMPANY NAME] has maintained an excellent reputation in the community and industry due to the sales/management and administration skills of [YOUR NAME]. Services [YOUR COMPANY NAME] provides top-quality plumbing services. The owner of [YOUR COMPANY NAME] believes that most companies in this industry suffer two major problems. These are poor scheduling of job projects and poor retention of quality employees. Both lead to lower customer satisfaction, lack of repeat business and a low word-of-mouth referral rate. [YOUR COMPANY NAME] will continue to exploit these weaknesses to gain a greater local market share. The Company will continue to provide its plumbing services in a most timely manner and with an ongoing comprehensive quality-control program to provide 100% customer satisfaction. The Company's owner, [YOUR NAME], sees each contract as an agreement not between a business and its customers, but between partners that wish to create a close and mutually-beneficial long-term relationship. This will help to provide greater long-term profits through referrals and repeat business. Each contract awarded has been and will continue to be completed with the quality and professionalism the Company is known to possess in the industry. The Company is associated with the Better Business Bureau (BBB) of [YOUR COUNTRY]. Financial Considerations The Company expects to receive $1,000,000 in funding to provide the necessary capital to accomplish the following items as outlined in the plan: Purchase John Deer Heavy Equipment Backhoe w/ Hammer, John Deere Skid Steer, John Deere Mini Excavator Hire (4) Plumbers / Equipment Operators Purchase (2) New Service Utility Trucks Purchase High Tech Leak Detector Equipment Advertising Purchase New Office Equipment Capital to increase Company Bonding 1.1 Objectives The objectives of [YOUR COMPANY NAME] are: To substantially improve profitability of the Company in order to hire additional key personnel. To build a clientele on the outer islands to increase revenue. To be more competitive in the plumbing industry by offering more services. Increase Bonding Limit in bid and work on larger projects. 1.2 Mission The mission of [YOUR COMPANY NAME] is to provide top-quality plumbing services. The company will seek to provide these services in the timeliest manner and with an ongoing comprehensive quality control program to provide 100% customer satisfaction. [YOUR NAME] sees each contract as an agreement not between a business and its customers, but between partners that wish to create a close and mutually beneficial long-term relationship. This will help to generate greater long-term profits through referrals and repeat business. 1.3 Keys to Success [YOUR COMPANY NAME] has several keys for success in the future, including: An excellent and untarnished reputation in the community as indicated by an "A" rating from the Better Business Bureau (BBB) Quality workmanship performed in a timely manner Competitive but fair pricing Company Summary [YOUR COMPANY NAME] is owned by [YOUR NAME] who has over 30 years of industry experience. The company was formed to take advantage of the perceived weakness and inadequacies of other regional companies in terms of quality and customer satisfaction. [YOUR COMPANY NAME] is located on the property of [YOUR NAME] in [YOUR CITY], [YOUR COUNTRY]. The facilities include an office, storage area for equipment, and garage for vehicles. The Company provides plumbing services for residential, commercial, multi-family units, condominiums, hospitals, federal projects and 5 star platinum green projects. The Company has an excellent reputation in the local community and industry operating with no liens, lawsuits, or customer complaints on file. All licenses and certifications are on file and current with all appropriate departments. 2.1 Company Ownership [YOUR COMPANY NAME] is an S-Corporation owned and operated by [YOUR NAME] and is located in [YOUR CITY], [YOUR COUNTRY]. 2.2 Company History [YOUR NAME] has been operating [YOUR COMPANY NAME] since its inception in 2001. [YOUR COMPANY NAME] has operated from the same location during this time. It has built a reputation for doing quality work with inspection officials, contractors, customers and vendors. [YOUR COMPANY NAME] also takes pride in completing work in a timely manner and within budgets. [YOUR COMPANY NAME] also has an "A" rating with the local office of the Better Business Bureau. The past performance table below shows the developments of sales, assets, liabilities, and operating expenses for the last 3 years of business. The Company's sales for 2007, 2008 and 2009 were $486,795, $493,369, and $838,302, respectively. The gross margin for this period was $283,056, $263,493, and $435,569, respectively. Earnings for this period were $61,613, ($8,919), and $99,264. Past Performance 2007 2008 2009 Sales $486,795 $493,369 $838,302 Gross Margin $283,056 $263,493 $435,569 Gross Margin % 58.15% 53.41% 51
