Barnum Painters

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Painting Contractors Business Plan

Management Summary

Management consists of three individuals who have extensive experience in the painting contractors industry. These are William Barnum, Anthony Barnum, and Michael Kruger. Each individual brings a unique outlook and skill set that will help drive sales and profits.

The president and head of operations of Barnum Painters will be Mr. William Barnum, the head of inventory, expediter and Q&A will be Mr. Kruger and the person in charge of sales and contracting will be Mr. Anthony Barnum.

Organizational Structure

The company will follow a hierarchical structure with Mr. William Barnum at the top as president and Mr. Anthony Barnum and Mr. Michael Kruger as department heads. The sales and contracting department along with inventory, expediters, and Q&A will consist of only those individuals until such time as growth of the company will require more people. This is anticipated to occur in year three to five.

Management Team

Mr. William Barnum has been in the painting industry working with residential owners for 15 years. He initially started off with B&B contractors as a carpenter and painter and worked with various companies for the next ten years. Desiring to own his own company, Mr. Barnum attended Puget Sound University where he got his B.S. in business. He then worked for Star Painters as a project manager and financial analyst.

Mr. Anthony Barnum started out working with painting and contracting companies while attending college. He has a B.S. in communications from Washington State University. He has eight years experience in sales.

Mr. Michael Kruger has worked in the painting industry for 20 years as a contractor, project manager and owner of Kruger Enterprises. He has extensive experience in bidding and completing commercial painting projects.

Personnel Plan

The following table is the personnel plan for Barnum Painters.

Personnel Plan
Year 1 Year 2 Year 3
Production Personnel
Project Forman #1 $22,800 $30,000 $30,000
Project Foreman #2 $0 $0 $30,000
Residential Painter $12,900 $13,500 $14,000
Residential Painter $12,900 $13,500 $14,000
Residential Painter $12,900 $13,500 $14,000
Commercial Painter $7,525 $13,500 $14,000
Commercial Painter $7,525 $13,500 $14,000
Commercial Painter $7,525 $13,500 $14,000
Commercial Painter $0 $0 $14,000
Commercial Painter $0 $0 $14,000
Other $0 $0 $0
Subtotal $84,075 $111,000 $172,000
Sales and Marketing Personnel
Mr. Anthony Barnum, Contracting and Sales $30,000 $30,000 $30,000
Other $0 $0 $0
Subtotal $30,000 $30,000 $30,000
General and Administrative Personnel
Mr. William Barnum. Operations $30,000 $30,000 $30,000
Mr. Michael Kruger, Expeditor and Q&A $30,000 $30,000 $30,000
Expeditor $0 $18,000 $18,000
Expeditor $0 $0 $18,000
Subtotal $60,000 $78,000 $96,000
Other Personnel
Name or Title $0 $0 $0
Other $0 $0 $0
Subtotal $0 $0 $0
Total People 7 11 14
Total Payroll $174,075 $219,000 $298,000