Jubilee Motor Company , Inc. designs vehicles and motor cars, which are used by production manufacturers to fabricate consumer products. We are a start-up company that developed and patented revolutionary design software called new technology. Our initial plan is to create a precision manufacturing facility to produce vehicles and motor cars for clients. Our goal is to provide our customers with fast turnaround, exceptional quality, unparalleled customer service, and competitive pricing.
1.2 Products & Services
We design and manufacture vehicles and motor cars. By utilizing new technology, we will work in real-time with our customers to meet their design needs, which will reduce errors and detect design flaws early in the process. In turn, this will save the customer time and money. We plan to position ourselves as a forward-thinking company that continually invests in new ideas and technologies - unlike our competitors, which are similar motor car manufacturing facilities. Because of our unique software, sophisticated technology and efficient processes, we will be in a position to potentially compete on price and quality. Additionally, our unique new technology gives us a definitive advantage.
1.3 Market Analysis
The U.K. manufacturing industry makes up a substantial portion of the GDP, and the motor car-manufacturing sector generates sales of more than $5 billion. Manufacturing drives the U.K. economy more than any other industry. Within that enormous industry, we have identified two strong markets with very high growth potential - automotive parts and medical devices manufacturing. As new car companies respond to shifting consumer demands for more fuel-efficient cars, and as the medical community develops new technologies, the need for new parts, designs and motor cars grows.
1.4 Strategy & Implementation
To achieve our business goals, we will create a high-tech, precision manufacturing facility and will implement highly efficient operations processes. We plan to promote Jubilee Motor Company and our proprietary Virtual Design Software with an aggressive, targeted marketing campaign. This will include a media campaign, print and online advertising and a targeted direct-mail campaign. In addition, we will focus heavily on establishing our presence within the industry at relevant trade shows.
1.5 Management
Our leadership team currently consists of Chief Executive Officer John Baker, President Michael Smith, and Vice President Susan Jones. Additional key leaders will include directors of finance, marketing and sales, human resources, information technology and operations. While these positions remain unfilled at this time, we do have several extremely qualified candidates interested in joining with us in this new venture.
1.6 Financial Plan
Our Company will earn revenue from the sale of design services and manufactured motor cars. The attached Income Statement demonstrates that our gross profit margin will exceed 72%, and we will achieve break-even with sales of $XXX,XXX. We expect to reach profitability by the middle of Year 2.
1.7 Sources & Use Of Funds
Jubilee Motor Company , Inc. requires $4,450,000 to launch. At present, we have raised $150,000 in venture capital funds. In addition, co-owners John Baker, Michael Smith and Susan Jones have ...