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Do you want to read the Sample Home Furniture business plan that has raised millions of dollars?(Click Here Now)
J.H. Reid Corporation
Sample Plan: J.H.Reid Corp. manufactures a revolutionary chair for watching television in a home entertainment center. In November 1997, the editor of Upholstery Design and Manufacturing wrote, "While consumers buy large-screen TVs, extra speakers, and assemble their own home theaters, upholstery makers have sat on the sideline unable to sell seating to make that home theater truly comfortable."1 After four generations of prototypes, five patents, and countless hours of hard work J. H. Reid Corp. has the products for this strong and growing market.
This business plan has been developed to present J. H. Reid Corporation (referred to as JHR or the company) to prospective investors and to assist in raising $275,000 through the sale of common stock. The sale of common stock would result in the investor(s) receiving 15% of the total stock of the company. It is the intent of JHR, that in 3 years, the investor(s) would have the option to sell the stock back to JHR for $750,000. The $275,000 will be used to provide sufficient working capital to successfully launch three models of chairs, and to finance product development and marketing efforts.
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Business Plan: Executive Summary
When you have drafted your first 200-300 words, you can decide what other information you need in the executive summary. For example, you might to explain what your company has achieved so far, how you are raising other finance and the role of the management team. However, go through your executive summary critically.
Writing Tip:
Business Profile - Explain in detail about your business, trends, organizational structure, influential factors in the market, patterns of research and development, contracts, and operational procedures.
The Business Plan is perhaps the most important document an entrepreneur can create. The business plan helps guide the direction of any new company.
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