Our internal weakness is this that we are starting new business with a huge amount of capital and with big market segmentation. In view of that, we have conducted our market research and we have ideas of what our target market would be expecting from us. Keys to successKibs keys to success will include: We know that if proper SWOT analysis is conducted for our business, we will be able to position our business to maximize our strength, leverage on the opportunities that will be available to us, mitigate our risks and be welled equipped to confront our threats. These products will be manufactured for both categories men and women.
Research conducted shows that the Leather Tanning and Finishing industry is undergoing a transition period. And for each trend and development management needs to identify the associated opportunities and threats. Our major strength as a leather processing company is the vast experience of our management team, we have people on board who are highly experienced and understand how to grow business from the scratch to becoming a national phenomenon. One good thing about the leather processing business is that the business can be targeted at national or international markets depending on your financial capacity. Leather Goods Manufacturing , Industry oriented course Design. We will make sure that we only hire people that are qualified, honest, hardworking, customer centric and are ready to work to help us build a prosperous business that will benefit all our stake holders.
Our feet- wear include three categories.
Marketing Plan (Leather manufacturing)
As a result, industry revenue is anticipated to decline over the five years. The management of Kibs believes there is a current untapped nusiness opportunity because 1- Demand for leather products is rising due to the rising interest of people.
These products are expected to be very popular among the people because of their durability and attractive designs. This plan helps us to know how to enter in the market.
One of us has innovated the idea of Kibs private ltd. It is one thing to find attractive opportunities and another to be able to take advantage of them. Asghar Ali has got masters degree in sales and marketing from the Sydney University, Australia and got strong back ground in marketing within the quality manufacturer of leather industry, Extensive experience in business development and strategic partnership development.
Before us in market there were many manufacturers some of them are not offering products leagher quality and some of our competitors are offering best quality but compare to us they are charging almost double than our letaher prices. Strong contact relationships and referral networks among leather traders and manufacturers are expected to the growth of our business. Aside from that, you are not expected to spend much except for the purchase and servicing of distribution trucks, raw materials, paying of your employees and utility bills.
New substitutes are emerging in market bueiness low quality and low price so it will be a threat for us. Introduction to business Companys SummaryKibs is a bjsiness manufacturing company, which will be managed by three executives directors representing administration, marketing and sales, and finance. So after we will enter in market we Road, Gujranwala near the shopping mall Pace.
A Sample Leather Processing Business Plan Template
These both products will be manufactured for both categories, men and women and our products will be manufactured for the customers 10 to onward age wise. Total amount of capital is introduced by only the partners, Kaleem and Ali. We shall launch our products in our companys outlets at famous locations in Lahore, Gujranwala, Islamabad, Faisalabad and Multan.
We know that our customers are the reason why we are in business which is why we will go the extra mile to get them satisfied when they purchase our products. Beyond manufacturing quality and safe leather, our customer care is going to be second to none.
From which million has been invested in the business while the left behind million rupees is in company bank. We will make sure that we only hire people that are qualified, honest, hardworking, customer centric and are ready to work to help us build a prosperous business that will benefit all our stake holders.
Kibs will manufacture leather garments, leather bags and leather feet wearing. Published on Mar View Download 1. Its impact affects the customer directly. We will capture the market with advertisement as we have a large amount of money for investment.
Start-up SummaryOur start-up summary will include. Keys to successKibs keys to success will include: As a matter of fact, profit-sharing arrangement will be made available to all our senior management staff and it will be based on their performance for a period of ten years or more depending how fast we meet our set target. All the papers and documents have been signed and submitted, the loan has been approved and any moment from now our account will be credited with the amount.
Along with a total own capital, Kibs hopes to initially make a successful effort to secure startup financing to begin operations without any liquidity crunch to avail the benefits of economies of scale.
Kibs Leather Company is a start-up manufacturing company of two share holders. From our market research conducted, we got busimess know that there are several leather tanning and finishing companies in the United States of America which is why we are busibess the due process of establishing a business so as to compete favorable with them.
Kibs Leather GoodsKibs will manufacture high quality leather goods almost of all kinds that the customer wants to buy. The report also shows that reshoring would also result in shorter turnaround time between production and sales, as well as greater control over manufacturing operations.
We know that it is going to require hard work, and buiness are determined to achieve it.