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Rosafarbenes Nilpferd & Sons Engineering, Inc.

Company Summary

Rosafarbenes Nilpferd & Sons Engineering solely owned by Becket Nilpferd, has been in the high-tech business since 1992. To capitalize on the growing demand for the Product Category 1 devices, the company recently shifted from offering consulting services to the development of the Technology 1 hardware and software.  Its first prototype has been vastly popular with its clients and the company soon will start shipping the improved version of its device. The company positions itself as a developer of high-end devices and selectively targets telecommunications companies, as well as smaller industrial automation and instrumentation companies, that have strong demand for the high performance Product Category 1 devices.

2.1 Company History

Rosafarbenes Nilpferd & Sons Engineering was solely service-based for seven years, but as the market for Technology 2 systems began to appear, RNSE shifted its emphasis from consulting to the development of Technology 2 hardware and software. This explains why the Past Performance Table does not show inventory or accounts receivable in years 1997 and 1998. Consulting revenue dropped in 1998 as RNSE limited its consulting activities and began ramping up to produce its first product line which was introduced in 1999. Since then, earnings have increased dramatically from approximately $4,000 in 1998 to nearly $80,000 in 1999 which grew to over $110,000 in the first quarter of 2000.

*Note: Propriety and confidential information has been disguised or removed from this sample plan.

Electronic engineering business plan, company summary chart image

Past Performance
1997 1998 1999
Sales $161,595 $76,746 $332,759
Gross Margin $161,595 $73,856 $232,589
Gross Margin % 100.00% 96.23% 69.90%
Operating Expenses $153,147 $69,962 $153,974
Collection Period (days) 0 0 0
Inventory Turnover 0.00 0.00 1.00
Balance Sheet
1997 1998 1999
Current Assets
Cash ($836) $24,403 ($1,280)
Accounts Receivable $0 $0 $22,359
Inventory $0 $0 $99,447
Other Current Assets $0 $0 $0
Total Current Assets ($836) $24,403 $120,526
Long-term Assets
Long-term Assets $16,647 $18,304 $18,304
Accumulated Depreciation $11,875 $16,476 $13,478
Total Long-term Assets $4,772 $1,828 $4,826
Total Assets $3,936 $26,231 $125,352
Current Liabilities
Accounts Payable $0 $0 $15,777
Current Borrowing $9,261 $25,000 $14,866
Other Current Liabilities (interest free) $0 $2,662 $17,525
Total Current Liabilities $9,261 $27,662 $48,168
Long-term Liabilities $12,000 $12,000 $12,000
Total Liabilities $21,261 $39,662 $60,168
Paid-in Capital $2,910 $2,910 $2,910
Retained Earnings ($20,235) ($20,235) ($16,341)
Earnings $0 $3,894 $78,615
Total Capital ($17,325) ($13,431) $65,184
Total Capital and Liabilities $3,936 $26,231 $125,352
Other Inputs
Payment Days 0 0 0
Sales on Credit $0 $0 $0
Receivables Turnover 0.00 0.00 0.00

2.2 Company Ownership

Rosafarbenes Nilpferd & Sons Engineering was incorporated as a “C” corporation in the state of Freedonia in 1992.  Becket Nilpferd is the founder, owner, and sole stockholder.  The company is not publicly traded at the time of this writing.

Note: Proprietary and confidential information has been disguised or omitted from this sample plan.

2.3 Company Locations and Facilities

Rosafarbenes Nilpferd & Sons Engineering presently operates from two large offices located in Fezzaewyg, Freedonia.  All manufacturing is out-sourced to contract manufacturers.

*Note: Propriety and confidential information has been disguised or removed from this sample plan.