Buisness Plan

In: Business and Management

Submitted By abimbolaehi
Words 764
Pages 4
Business Plan

April 1, 2011
ACC/220 Survey of Accounting: The Maze of Numbers

The name of the Company shall be Triumph Trading Company to be located at 360 Maryland Drive, Amherst, NY, 14222. Our mission is to be the best and leading company in the country, making our goods timely available for our consumers. The company’s activities shall include the distribution and sales of industrial and domestic cleaning materials. The business structure of Triumph shall be corporation set up. The decision to register the company as a corporation was because of the benefits such as separate legal entity, ease of transfer of ownership and capital generation, continuous existence, centralized authority and responsibility, government regulation, and separate of ownership and control.
The company shall consist of the following department: sales, marketing, accounting, purchasing or procurement, and administrative department. The sales unit is the backbone of the company and will oversee the sales of the products. The organization of the sales department is based on the organizational structure of the company. The sales personnel will be educated on the description of the organization to gain a clear idea, not only of the interrelation of unit’s divisions and subdivision, but the personal points of contact with themselves. A detailed nature of relation to the sales manager, the sales-promotion manager and the various sales correspondents shall be put in place, with special reference to the duties and responsibilities. The marketing department acts as a guide and lead the company’s other department in the developing, producing, fulfilling, servicing products for our customers. The marketing department should have a better understanding of the market and customers need, but cannot act independently of product development or customer service. The goals and guidelines set by…...

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