II. Company Overview
This Section's Contents
You can download our Business Plan Template (including a full, customizable financial model) to your computer here.
Who is [Company Name]?
[Company Name] is a new welding business located in [location]. The company aims to be the local neighborhood welding shop that anyone can contact for their welding needs. [Company Name] will service both businesses and individuals with their welding projects, providing both repair services and custom fabrication. But no matter what industry or individual we serve, we always aim to offer the best quality and customer service to satisfy all our clients.
[Founder’s Name] has been a welder in the industry for [X] years. Throughout his career, he worked for various businesses providing welding services to his employers’ customers and clients. However, he saw that there were very few local welding shops that were designed for average residents. That’s when he decided to open a welding business that catered to helping both businesses and individuals with all their welding needs.
[Company Name]’s History
[Founder’s Name] recently began researching what it would take to start his own welding company and thoroughly analyzed the costs, market, demographics, and competition. [Founder’s Name] has compiled enough information to develop his business plan in order to approach investors.
[Founder’s Name] incorporated [Company Name] on [date of incorporation] as an S-Corporation. The business is currently being run out of [Founder’s Name]’s home, but once the lease on [Company Name]’s office location is finalized, all operations will be run from there.
Since incorporation, the company has achieved the following milestones:
- Found a retail space and signed a Letter of Intent to lease it.
- Developed the company’s name, logo, and website located at [website].
- Planned the suite of services to be offered.
- Determined equipment, supplies, and materials needed.
- Begun recruiting key employees and experienced welders.
[Company Name]’s Products/Services
[Company Name] will provide a variety of custom fabrication and repair services to both businesses and individuals. Our welders will have experience working with a variety of materials, including aluminum, steel, cast iron, and alloy.
Some example projects we can help with include:
- Fabricating and repairing custom automotive parts
- Fabricating construction materials
- Repairing and fabricating objects around the home (such as aluminum bats, furniture, and custom gardening tools and supplies)
The costs will be determined by the materials needed and the amount of labor required.
