Business Entity Plan

In: Business and Management

Submitted By daddyjude
Words 1200
Pages 5
Entity Business Plan
The business plan selected is the specialty high-end flooring contractor. The contractor will install all floor types (imported tile, granite, marble, hard wood, and carpeting) as part of new construction or remodeling.
Business Plan Exhibits
Define the goal of the business.
The goals of the business is to create a for profit business. The business will provide the customer with high quality flooring products. The philosophy of the business will be to provide a customer-first orientation. The customer and not internal activities and constraints will be the priority. The business will strive for continuous improvement for all aspects of its operations. The business will respond rapidly to address all customer needs. The business will progress by using facts and analysis as the sole premise for strategies for improvements of operation and understanding its competition. The business will ensure that its employees are provided the latest training and tools to be successful in their careers and in the interest of the business. This business model is based loosely on the Total Quality Management (TQM) approach to business that is tailored specifically for the goal of the business (Stark 2008).
What goods or services are provided?
The contractor will provide premium flooring and installation for residential and commercial businesses. The business will be positioned to produce high volume work that is tailored for the needs of high end flooring.
Who are the target customers?
The target customers will be general contractors, commercial builders, and residential builders. The business will also consider small projects for individual businesses or home owners.
How and where will those services be provided?
Those services will be provided by following approved plans according to local, state, and federal regulations. These services are to…...

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