Tricky Widgets Manufacturing

Start your own business plan »

Heavy Equipment Maker Business Plan

Management Summary

Jim Mitchell
Chief Executive Officer.
Extensive experience in the manufacturing industry with sales and marketing capacities.

Ike Smith
Chief Financial Officer.
Brings experience with a heavy focus in finance.

Pat Hyder
VP of Sales.
Strong background in manufacturing sales, business development, and strategic partnership development.

Pamela Jules
VP of Marketing.
Strong background in marketing within the heavy equipment manufacturing industry. Extensive experience in business development and strategic partnership development.

6.1 Personnel Plan

As the personnel plan shows, TWM expects to make significant investments in research and development.

Personnel Plan
Year 1 Year 2 Year 3
Executives $480,000 $504,000 $529,200
Managers $960,000 $1,008,000 $1,058,400
Manufacturing Process Workers $720,000 $756,000 $793,800
Engineering $3,000,000 $3,150,000 $3,307,500
Total People 115 127 175
Total Payroll $5,160,000 $5,418,000 $5,688,900

Get the Bplans newsletter:

Expert business tips and advice delivered weekly.