How to Start a Manufacturing Plant PDF | Manufacturing Business Ideas PDF

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How to Start a Manufacturing Business PDF - Manufacturing Business Plan PDF

Are you considering starting a Manufacturing Business and you’re in need of a manufacturing business plan PDF? if yes, you'll find this free book to be extremely helpful.

This is a practical guide that will walk you step by step through all the essentials of starting your business. The book is packed with guides, worksheets and checklists. These strategies are absolutely crucial to your business' success yet are simple and easy to apply.

Don’t Start a New Bar Business Unless You Watch This Video First!

Checklist for Starting a Business: Essential Ingredients for Success

If you are thinking about going into business, it is imperative that you watch this video first! it will take you by the hand and walk you through each and every phase of starting a business. It features all the essential aspects you must consider BEFORE you start a business. This will allow you to predict problems before they happen and keep you from losing your shirt on dog business ideas. Ignore it at your own peril!

Here’s a Valuable Free Gift for You
This is a high quality, full blown business plan template complete with detailed instructions and all related spreadsheets. You can download it to your PC and easily prepare a professional business plan for your business.
Click Here! To get your free business plan template

The Single Most Important Ingredient for Business Success

The first and most important thing you need to acquire in order to succeed in a small business is... knowledge.

Sounds exaggerated? Listen to this...

According to research conducted by Dun & Bradstreet, 90% of all small business failures can be traced to poor management resulting from lack of knowledge.

This is backed up by my own personal observations. In my 31 years as a business coach and consultant to small businesses, I've seen practically dozens of small business owners go under and lose their businesses -- not because they weren't talented or smart enough -- but because they were trying to re-invent the wheel rather than rely on proven, tested methods that work.

Conclusion: if you are really serious about succeeding in a business... If you want to avoid the common traps and mistakes... it is absolutely imperative that you acquire the right knowledge.

"Why Invent Mediocrity, When You Can Copy Genius?"

That's an excellent quote I picked up from a fellow business owner a few years back. What this means is that you should see what is working and try to duplicate Printing Business. Why go through all the trouble of inventing something new, that you don't even know will ever work, when you can easily learn from and duplicate something that has been a proven success?

[ Note: One of the BIGGEST mistakes almost all new businesses make is that they WASTE tons of valuable time, energy and money on trying to create something "new", that has never been tested or proven... only to find out later that it was a total loss. Don't make the same mistake! ]

Hi! My name is Meir. I'm the founder and president of BizMove.com, a successful internet based information business. I'm also the author of numerous books, mostly in the area of small business management.

I've been involved in small business for the past 31 years of my life, as a business coach, manager of a consulting firm, a seminar leader and as the owner of five successful businesses.

During my career as a business coach and consultant I've helped dozens of business owners start their businesses, market, expand, get out of troubles, sell their businesses and do practically every other small business activity you can think of.
You see, I have been there .... done it ... and bought the Small Business t-shirt! -- This free book contains techniques and strategies I've learned during my 31 year small business career.

Here's what you'll discover in the 'How to Start a Printing Business' book:

How to determine the feasibility of your business idea - a complete fill in the blanks template system that will help you predict problems before they happen and keep you from losing your shirt on dog business ideas.

A detailed manual that will walk you step by step through all the essential phases of starting your business

A complete manufacturing business plan PDF? template. This fill-in-the-blanks template includes every section of your business plan, including Executive Summary, Objectives, SWOT Analysis, Marketing Analysis and Strategy, Operations Plan, Financial Projections and more (a similar template is sold elsewhere for $69.95).

All this and much much more.

Success Tip: Setting Goals

Good management is the key to success and good management starts with setting goals. Set goals for yourself for the accomplishment of the many tasks necessary in starting and managing your business successfully. Be specific. Write down the goals in measurable terms of performance. Break major goals down into sub-goals, showing what you expect to achieve in the next two to three months, the next six months, the next year, and the next five years. Beside each goal and sub-goal place a specific date showing when it is to be achieved.

Plan the action you must take to attain the goals. While the effort required to reach each sub-goal should be great enough to challenge you, it should not be so great or unreasonable as to discourage you. Do not plan to reach too many goals all at one time.

Establish priorities. Plan in advance how to measure results so you can know exactly how well you are doing. This is what is meant by "measurable" goals. If you can’t keep score as you go along you are likely to lose motivation. Re-work your plan of action to allow for obstacles which may stand in your way. Try to foresee obstacles and plan ways to avert or minimize them.

Click here! to download your Manufacturing Business Plan PDF book for free

Here're other free books in the "how to start a business" series that may interest you:

Agriculture Assisted living Auto repair Bakery Bar Beauty salon Bed and breakfast Bookkeeping Boutique Bowling alley Carpet cleaning Car wash Catering Cattle farming Charity Cleaning Coffee shop Computer repair Construction Consulting Convenience-store Cupcake Daycare Dental Dog daycare Ecommerce Electrical Embroidery Engineering Farm Fashion Film Financial advisor Fitness center Flower-shop Food Food truck Franchise Frozen yogurt Furniture store Gas station Goat farming Grocery store Gym Hairdressing Hair salon Ice cream Insurance agency Interior design Internet Internet cafe IT Jewelry Landscaping Laundromat Laundry Law firm Magazine Manufacturing Microbrewery Motel-hotel Music Nightclub Nonprofit Nursery Online-retail Photography Pizza Plumbing Poultry farming Preschool Printing Private investigator Pub Real-estate Resort Restaurant Retail School Security company Service Software Spa Sports-bar Startup Supermarket Travel agency Trucking Vegetable-farming Website

Here's a Sample 'Executive Summary' for a Manufacturing Business plan:

Introduction:
COMPANY NAME is the first company in the USA to receive the authorization as a Certified Re-grind Source for Business Group USA. The people at COMPANY NAME are committed to supplying excellent customers with products that are made to the highest standards in the industry. Our goal is to utilize our highly skilled employees, our state of the art equipment and our dependable suppliers to achieve an even higher quality level of products and services at competitive prices, delivered on time, while maintaining a unique work environment.
The Company:
COMPANY NAME is a manufacturer of carbide round tooling for the metal cutting industries. We design, layout the machining process, and manufacturer these types of carbide round shank tools. Our customer base ranges from automotive, medical, and aerospace to diesel injection components. We specialize very close tolerance blue print tooling with very difficult forms and step tolerance. The tools we build go to customers like Robert Bosch Fuel Systems, Delphi, Medtronic, Continental and many second tier very large general machining shops for many different kinds of product like turbines for power generation, Briggs Stratton small motors, Kohler plumbing fixtures and diesel fuel injection.
Products and Services:
Since COMPANY NAME's establishment, we have specialized in grinding high performance tooling using state-of-the-art equipment and controls. In continuing with this precedence we have added a TTB - TGC 54N 6 axes 4 spindle micro tool grinding center, this is coupled with “Numroto 3-D” simulation software to allow virtual design and programming.
MANUFACTURING SERVICES:

Tool Design & Development
Cylindrical Preparation of Tool Blanks
Grinding of Tool
Inspection
Edge Preparation and Tool Polishing
Coating
Laser Etching

Financing:
COMPANY NAME is seeking funds in the range of $425,000-$500,000 to help the purchase of new machines, increase the advertising, increase and train labor, and finally create a new web site. The machines Alliance would like to purchase will be able to run tools after hours with no supervision. The lights out production on standard type tooling like high performance drills and end mills allows COMPANY NAME to increase the hours of production for no additional employees or operational expense. COMPANY NAME has plans to start a new line of standard high performance drills with the purchase of this new equipment. COMPANY NAME expects a significant increase in revenue due to the expansion of new equipment.

1.1 Objectives

The objectives of COMPANY NAME are:

Increase production and sale from
Increase sales from
Establish strategic relationships with 10-15
Increase gross margins from fifteen percent (15%) to seventeen percent (17%) in the next three years.

1.2 Mission

COMPANY NAME is committed to customer satisfaction through tooling excellence. Our goal is to provide you with a premium product with 100% customer satisfaction on every order. Other services include tool modification and regrinding.

1.3 Keys to Success

To succeed COMPANY NAME must:

Implement a successful advertisement and marketing campaign to inform the existing clientele and the public.
Purchase new equipment.
Retain the services of a reputable company.
Build brand image and brand equity through marketing.

Established in 1995, COMPANY NAME specializes in the design and manufacture of precision ground, blueprint rotary carbide cutting tools. Our manufacturing facility has implemented the industry leading methods and standards necessary to generate the highest quality products available. Our diverse team of Engineers and Technicians, with an extensive background in cutting tool performance and design, work to assure that all customers receive the same quality product on a timely basis. COMPANY NAME offers state of the art grinding services to our customers. Our facility was designed and built with this in mind to create a production setting that minimizes environmental variables. Our staff of dedicated professionals is waiting to serve you. Please give us a call and see what Team Alliance is all about.

2.1 Company Ownership

Established in 1995, COMPANY NAME is owned by YOUR NAME. YOUR NAME, President, runs the business and the day to day operations. He has over 36 years experience in the cutting tool industries and has been in this type business all his life. NAME, Vice President, is in charge of sales and marketing and is an Engineer Graduate of University in Virginia. NAME worked for ACME Grinders, USA for about 10 years as a sales and application Engineer, teaching people how to run the types of machines we use to build our tools. NAME has been with COMPANY NAME for 11 years.

2.2 Company History

Established in 1995 COMPANY NAME has been an established and reputable company. Since COMPANY NAME's establishment, we have specialized in grinding high performance tooling using state-of-the-art equipment and controls. In continuing with this precedence we have added a TTB - TGC 54N 6 axes 4 spindle micro tool grinding center, this is coupled with “Numroto 3-D” simulation software to allow virtual design and programming. Our four Walter CNC mini-power grinders and three Walter CNC power grinders are complemented by this addition.

Table: Past Performance

*Past Performance*
	FY 2008	FY 2009	FY 2010
Sales	$2,486,475	$1,563,991	$2,186,475
Gross Margin	$732,756	$553,398	$677,807
Gross Margin %	29.47%	35.38%	31.00%
Operating Expenses	$922,284	$685,152	$685,152

Balance Sheet
	FY 2008	FY 2009	FY 2010

Current Assets
Cash	$32,525	$90,013	$100,000
Other Current Assets	$310,843	$327,621	$327,621
Total Current Assets	$343,368	$417,634	$427,621

Long-term Assets
Long-term Assets	$3,625,063	$3,625,063	$4,025,231
Accumulated Depreciation	$2,148,688	$2,343,848	$2,625,848
Total Long-term Assets	$1,476,375	$1,281,215	$1,399,383

Total Assets	$1,819,743	$1,698,849	$1,827,004

Current Liabilities
Accounts Payable	$166,529	$109,969	$113,268
Current Borrowing	$490,380	$309,919	$212,123
Other Current Liabilities (interest free)	$35,632	$26,945	$14,959
Total Current Liabilities	$692,541	$446,833	$340,350

Long-term Liabilities	$912,873	$1,096,969	$869,969
Total Liabilities	$1,605,414	$1,543,802	$1,210,319

Paid-in Capital	$19,951	$19,951	$19,951
Retained Earnings	$314,116	$254,834	$545,478
Earnings	($119,738)	($119,738)	$51,256
Total Capital	$214,329	$155,047	$616,685

Total Capital and Liabilities	$1,819,743	$1,698,849	$1,827,004

Other Inputs
Payment Days	90	90	90

3.0 Products

COMPANY NAME is a Carbide Blue Print Tooling Manufacturer and Re-sharpener. What we do is take a part drawing, material spec and machine type that the customer would like to use to build this part. Then we design and develop all the cutting tools to machine this part, we manufacturer them, coat them supply them with speeds and feeds so they can produce their parts. Then we re-sharpen the cutting tools for added life and value. These tools are used in the automotive, aerospace, medical and defense industries. The tools we manufacturer are very close tolerance, multi-step cutting tools such as; High Performance Drills, Step drills, end mills, reamers, trepan tooling, step tooling and recess type tools for the auto, medical and aerospace industries. Another added value we have is our in shop is our own coating line. We can add Titanium (Tin), Aluminum Titanium (ALTIN) and other hard coatings to enhance the surface of the tools to make them harder, more heat resistant, and slicker so they last longer in use and give our customers longer tool life along with faster service for this added operation.

Ways to Motivate Employees Effectively

You've just been in a serious car accident. You've got massive internal injuries and a broken jaw. You're going to be in the hospital at least a month. Your jaw is wired shut so you can't use the phone. Will your business run easily and well while you recover? Will your customers be served while you are gone? If you've just experienced heart failure over this prospect, the following list is for you. The information below, if put into practice, will reduce your stress, increase your business' productivity, and give you the vacation you so richly deserve. Here's the top ten things you can do to make your business run as smoothly as possible.

1. Hire wisely.
Most businesses hire bodies for particular jobs rather than people to help build a future. Your business is only as good as each individual employee's contribution to its functioning. Therefore, look for the three i's when you hire: intelligence, initiative, and integrity. For every position, from receptionist to packing clerk, hire only the best you can find. Conversely, if you have current employees who are not performing well, consider whether they are a wise investment of your money.

2. Build a team, not your ego.
Many employers let their egos dominate their interactions with their employees. Stop the pattern. Instead, trust your employees to do their jobs. Make each employee feel that they are an invaluable member of the company team. Let each employee know they are an integral part of the company's end product. Set the example for positive interaction at all times between members of the team even when ideas or performance must be corrected.

3. Reward well.
When you get good employees, reward them financially and emotionally. Be sure their pay is at least at market rate. Take time often to acknowledge each employee's contribution. The two biggest loyalty builders are two simple words-- thank you.

4. Be hands on.

Know each employee's job and how to do it. This not only gives you an automatic reserve employee and trainer (yourself), but has an added bonus. If you show an employee that you are willing to learn or have learned his/her job, you are communicating that you believe their work has value. Every employee needs to know that whether they are emptying trash cans, setting the presses, or selling the large accounts, their work is worthwhile and valuable.

5. Make your employees versatile.
In a small company, every employee should know how to do at least two jobs, particularly on the technical and service sides. For critical tasks, at least three employees should know how to do each job. Thus, you always have an on-the-premises reserve who can step in when needed.

6. Give away tasks, but not ultimate leadership.
What is it you do best? Are you the idea man, the best salesman in your company, the organizer? Find your best talent and then delegate all other tasks to your employees. Train them appropriately to do their job, let them know you have confidence in their ability to perform well, and then let them do their jobs. Adding responsibility with confidence will increase your employee's willingness to work and their pride in the company's end result. At the same time, you must maintain ultimate leadership. In any well run ship, the captain makes final decisions and you are still the captain, albeit a benign one.

7. Communicate, communicate, communicate.
You must talk with your employees, solicit their suggestions, and positively correct their mistakes. Conversely, you must create an atmosphere where employees are willing and able to talk with you. The two best sources of information on how your business is doing and how to improve it are your employees and your customers. Pay attention to both.

8. Give your best and always and encourage the same in your employees.
Pride in the company and its product or service always begins at the top. If you give a half effort or let a sloppily produced product go out the door to a client, you are sending a message to your employees that you do not respect your clients or your work. Your employees will adopt that view as well. If you set the example of giving the extra effort, pitching in when needed, caring about your fellow team members, working as a unit to be the best in your particular business, and taking care of the bottom line, your employees worth having and keeping will follow suit.

9. Encourage innovation and creation.
Give your employees a stake in the future. Once a month, have a meeting where the employees make suggestions on how to improve your product, service, efficiency, or bottom line. Give monetary rewards when the ideas produce increases to the bottom line. Give positive encouragement for the process.

10. Have a second in command.
No general goes into battle without a major who can take over if he is felled by a bullet. You are your business' general and must act accordingly. Find someone you trust within your company who has the same goals, ideals, and a similar business style. Train him/her appropriately. Let others know he/she has your confidence and authority when you are gone. When that is done, leave on vacation and test the theory out. If you have completed steps 1-9 above, your business will run easily and well and you will have regained a healthy balance in your life.