Page 10 - MB BUSINESS PLAN PDF_Neat

Wastage factors are kept to a minimum to prevent

loss

Service Delivery Capacity utilization must be optimal
The level of service exceed customer expectations

Delivery times of finishing tyre fitting services are fast

Finances Credit will be strictly controlled to commercial

business only

The financials of the business will be well managed
All the transactions will be tracked and an accounting

firm will be employed to help with the financial and

tax management of the business
The projected average gross profit of the business is

39.66% and the projected average net profit margin

is 12.40% year with year 2 15.77% nett and year 3
17.12%

The likely effects if all or some of these areas of MB Tyre Centre are not managed well include
poor reputation, loss of current and prospective clients, inability to pay bills and loans, and general
failure and bankruptcy of the business at worst.

Target Market

Target Market will be privately owned vehicles as well as small business truck fleets within the geographic
region.

7.1 Ownership, Management and Technical Assistance

MB Tyre and Auto Centre is owned by Mr Mark Boyd He will also actively manage and promote the
business, perform customer liaison duties and supervise the business' staff.
Mark is currently employed as Commercial Manager at a large independent Tyre retail business

The entrepreneur's previous work experience consists of managing a Retail Tyre Business and has
been involved in the Tyre business since leaving school
Please refer to the relevant Annexure for Mr Boyd’s Curriculum Vitae.

Mark has no previous sequestrations, liquidations or ITC judgments and is not currently under
financial administration. His commitment to the business will not be of a financial nature but rather
a personal commitment as he will be fully involved in the business' operations.

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