Business Plan

Henry Tucker

Constructing as Effective Business Plan

August, 28, 2013

Virginia College

Executive Summary

The purpose of my business plan is to raise $100,000 for the development of a welding service and supply business while showcasing the expected financials and operations over the next three years. Tucker’s Welding and Supply Inc, (“the Company”) will be a South Carolina based corporation that will provide welding services as well as the distribution of welding supplies to individuals and construction contractors throughout its target market. Tucker’s Welding and Supply’s Inc mission is to become the most recognized local leader in its targeted market for welding services and distribution of welding products. To accomplish this, Tucker’s Welding Supply Inc, provides consulting, education and training services in Total Welding Management based on its Tucker Welding Management System.

The steps that should be taken in order to start Tucker’s Welding and Supply Inc are a certificate in welding, in which I already have. I will get a business license and register my welding business here in South Carolina. IN normal circumstances, I will be a sole proprietor. If I lived in a city, I would apply for a business license with my commissioner of the revenue. If I were living in a county, I would then have to register with my county clerk's office. I will inventory my shop for every item that I will be using in Tucker’s Welding and Supply Inc. welding business; it will include welding-related equipment, shop phone, table and chair etc. I will transfer this information to South Carolina in order to determine what kinds of taxes I will have to pay.

Welding is always in demand. This is what makes it such a viable business to operate, if you have the right resources and staff. After all, welders are needed for a variety of construction jobs around the world. I can...