Asghar Ali has got masters degree in sales and marketing from the Sydney University, Australia and got strong back ground in marketing within the quality manufacturer of leather industry, Extensive experience in business development and strategic partnership development. These are the key areas where we will spend our startup capital;. MissionKibs aims to offer high-quality of the leather products at a price, which is competitive in comparison to other premium-quality products of leather in leather market all over the locations of our companys outlets. Because our slogan is What you want we got it. The industry will also face increased competition from substitute products such as faux leather.
While improved economic conditions have driven downstream demand from the automotive market, the industry has continued to be adversely affected by import competition. The company will have one manufacturing facility in GT Road, Gujranwala. Leather Five Year Plan Documents. Import competition has been a major factor in the declining performance of this industry, with many players in the industry shifting from manufacturing leather accessories to sourcing them from low-cost Asian countries or third-party contractors. We have a CRM software that will enable us manage a one on one relationship with our customers wholesale distributors no matter how large they may grow to. Kaleem Yusuf got Extensive experience in the manufacturing industry with Administration Capabilities. We hired experts who have good understanding of the leather tanning and finishing industry to help us develop marketing strategies that will help us achieve our business goal of winning a larger percentage of the available market in the United States of America.
It is one thing to find attractive opportunities and another to be able to take advantage of them.
A Sample Leather Processing Business Plan Template
Kibs Leather Goods Products. Start-up SummaryOur start-up summary will include. We have put in place business strategies that will help us run on low profits for a period of 6 months; it is a way of encouraging people to buy into our brands. This plan helps us to know how to enter in the market. There are two categories in this feature; School shoes. If you are however considering starting your own leather processing business, then you must be ready to really learn the ropes.
Along with a total own capital, Kibs hopes to initially make a successful effort to secure startup financing to begin operations without any liquidity crunch to avail the benefits of economies of scale.
The company will be seeking to raise million Rupees in owners capital for start-up purposes.
akarh Strong contact relationships and referral networks among leather traders and manufacturers are expected to the growth of our business. And for advertisement we have specified 50 million leafher. Asghar Ali has got masters degree in sales and marketing from the Sydney University, Australia and got strong back ground in marketing within the quality manufacturer of leather industry, Extensive experience in business development and strategic partnership development.
The leather processing business is a profitable industry and it is open for any aspiring entrepreneur to come in and establish his or her business and still compete for the available market and make profits.
It is a manufacturer of leather goods with one location in industrial area GT road, Gujranwala. One good thing about the leather processing bjsiness is that the business can be targeted at national or international markets depending on your financial capacity.
A Sample Leather Processing Business Plan Template
As the US dollar is expected to improve, high import levels will persist and exports will continue to decline. Each business needs to evaluate its internal strengths and weakness.
Our products shall be the best products as compare to our competitors. These are the key areas where we will spend our startup capital. We will also give good working conditions and commissions to freelance sales agents that we will recruit from time to time. We have also managed Research and Development department. It is a known fact that the future of a business lies in the number of loyal customers that they have, the capacity and competence of their employees, their investment strategy and business structure.
We are in the leather tanning and finishing industry to make profits and also to give our customers value for their money. We know that if proper SWOT analysis is conducted for our business, we will be able to position our business to maximize our strength, leverage on the opportunities that will be available to us, mitigate our risks and be welled equipped to confront our threats.
They do not intend to welcome any external business partner which is buisness they decided to restrict the sourcing of startup capital to 3 major sources. Aside from that, you are not expected to spend much except for the purchase and servicing of distribution trucks, raw materials, paying of your employees and utility bills.
Kibs main customers are those who are qualityconscious. In view of the above, we have chosen banking platforms that will enable our client make payment for the purchase of our processed leather products without any stress on their part. One thing is certain when it comes to leather processing and leathr business, if your products are well — packaged and branded and if your production plant is centrally positioned and easily accessible, you will always attract customers cum sales that will translate to increase in revenue generation for the business.
Before us in market there were many manufacturers some of them are not offering products of quality and some of our competitors are offering best quality but compare to us they are charging almost double than our products prices. We are in business to retail a wide range of processed leather to the following groups of people. A good number of leather tanning and finishing manufacturers have departed the industry, unable to sustain operations in the price-pressured environment.
We are well-designer of leather products and our busiiness market is the customers who are quality and new and best designs conscious.
Although, we are new in market as a manufacturer but we have earned much in market as a leather trader and manufacturers are wellknown by our name.
Faisalabad, Lahore, Gujranwala, Islamabad, Multan. Our internal weakness is this that we are starting new business with a huge amount of capital and with big market segmentation. China plastic artificial leather, synthetic leather manufacturing industry global industry size Documents.