Rekayasa Tambang Indonesia

Start your own business plan »

Mining Software Business Plan

Company Summary

RTI is a subsidiary company of MINER DELTA. Services provided include: geological interpretation and modeling, mine design, mining optimization, mine scheduling, and dump design and rehabilitation.

RTI develops compliance analysis and modeling (including simulation), engineering and design, and productivity improvement systems for every sphere of activity in the mining industry. These systems are designed to be user-friendly, accurate, and portable among computer platforms.

MINER DELTA's management demands a good financial performance from RTI. As a subsidiary company of MINER DELTA, RTI sets the following objectives for the products and services lines of geological interpretation and modeling, mine design, mining optimization, mine scheduling, and dump design and rehabilitation:

  1. Expand customer awareness over the planning period.

  2. Reduce competition, reduce risks, and lower price level by teaming-up with technology providers (hardware manufacturers and platform developers), partnering with reputable local and regional mining contractors, and equipment suppliers.

2.1 Company Ownership

RTI was incorporated in Jakarta as an Indonesian "Perseroan Terbatas" (PT) corporation on August 4, 2000, under the Foreign Investment Laws of the Republic of Indonesia, with an authorized 1 million shares of common stock.

The company is owned in majority by MINER DELTA. There is one minority owner, an investor from Jakarta, Indonesia.

2.2 Start-up Summary

Total start-up expenses include legal costs, logo design, stationery, as well as start-up assets required, and cash to handle the first few months of consulting operations as sales and account receivable play through the cash flow. The details are included in the following chart and table.

Start-up Expenses
Legal $5,500
Stationery etc. $3,000
Brochures $5,000
Consultants $48,000
Insurance $1,588
Rent $3,000
Expensed equipment $3,000
Total Start-up Expenses $69,088
Start-up Assets
Cash Required $100,000
Other Current Assets $31,588
Long-term Assets $0
Total Assets $131,588
Total Requirements $200,675
Start-up Funding
Start-up Expenses to Fund $69,088
Start-up Assets to Fund $131,588
Total Funding Required $200,675
Non-cash Assets from Start-up $31,588
Cash Requirements from Start-up $100,000
Additional Cash Raised $0
Cash Balance on Starting Date $100,000
Total Assets $131,588
Liabilities and Capital
Current Borrowing $0
Long-term Liabilities $0
Accounts Payable (Outstanding Bills) $5,000
Other Current Liabilities (interest-free) $0
Total Liabilities $5,000
Planned Investment
Investor 1 $70,000
Investor 2 $100,000
Other $25,675
Additional Investment Requirement $0
Total Planned Investment $195,675
Loss at Start-up (Start-up Expenses) ($69,088)
Total Capital $126,588
Total Capital and Liabilities $131,588
Total Funding $200,675

2.3 Company Locations and Facilities

The initial office will be established in the Kebayoran Baru area of South Jakarta, Indonesia, the heart of the Indonesian business area.