The main business objective for the FT Company is to be operating in the first fiscal year of its establishment, to enable a steady ongoing growth over the first three years. From year one onwards the FT Company forecasts to have a profitable outcome. In order to achieve this, the following objectives are established:
• Develop and launch the first product of the company, within the first 3 months of operation.
• Use marketing and research, to enable a monthly sales average of 8% per month, after launching the initial product.
• Produce quality products at competitive prices globally for Wholesalers, Retailers, Fishing Groups and Associations.
• Sell over 2000 units by the end of the first fiscal year, to raise a profitable net income of
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• Business to attain a sales growth of 25% over the first three years, build positive returns, growth for the business and higher dividends for investors.
2.3 Project Goals and Objectives
The established project goals and objectives, for the RIT Company’s web and mobile application development project are to accomplish:
• Developing and integrating both iOS and Android mobile applications, with an electronic fishing reel product from the FT Company.
• Developing and synchronising of a web application, with support of a server, to the mobile applications.
• Creating and updating user profiles, and making features available to users with regards to conducting fishing activities.
• Providing the opportunity for future generation fishing enthusiasts, to develop a greater interest, and engage in the fishing activity, with new technologies in sight.
• Accomplishing the project goals within the set period and budgeted forecasts.
• Capturing and facilitating data resources for customer overviews in project development, to enable end user input towards the design.
• Achieve the Planned Applications cost value of
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The applications will enable simplicity in the conduct of the fishing activity, be functionally easy to use, and be actively more fun and exciting. The project’s outcome will be Android and iOS applications for smartphones, and web application development. The idea of the web and mobile application development project requires the scope of the project to include, the completion of all documentation, application development and testing, user manuals, user-training guides, and final reviews of these applications. The project closure will occur when the Android, iOS and web applications are executed and transitioned to the FT Company, for the product manufacturing to take place (Opawole & Jagboro,
1. Compile a business vision about the type of product or service you think your company needs to develop. Next, describe the business values and corporate values that you want to create.
With continuous improvement , the business is increasing at a steady rate. The firm’s goal was
II. Business Model and Strategic Plan Part I: Existing Business or New Business Division; Vision, Mission, and Value Proposition ………………………………6
What interesting about these professional charters is that they guide and take you across to some excellent water areas, where the best fishes gather, and making way for a grand catch opportunity. Most charters guarantee that you get a catch or no money, so there is going to be no disappointment when you think you didn't get what you want. They also offer the chance to catch a variety of fish such as halibut, Red Snapper, Salmon, Ling Cod, Rock fish and much more. All equipments and gears necessary for your favorite activity are also available with the charter.
The objectives the business is set to achieve are very realistic and can be achieved within a short period of time
1. Compile a business vision about the type of product or service you think your company needs to develop. Next, describe the business values and corporate values that you want to create.
Ever since my passion began in the 7th grade, the amazing people I have come across, stories I have heard, and memories I have made fishing are innumerable. A few of the many guys I have met fishing have become valuable mentors to me, which of whom I have bonded with and become closer to. I have shared lots of experiences by spending time and traveling with these men, shaping me as a person. As humans, we learn so much from one another, and through fishing I have learned not only many old traditions and modern fishing methods, but life skills that I use in my day-to-day
First off we would NEVER throw sales numbers around or guarantee sales it's just not our style . We pride ourselves in being honest and ethical and quoting sales numbers we have absolutely no idea whether we'll hit is even achievable. We tell most new vendors to expect a break even financial situation at best over the first 18-24 months . The first 12-18 months it's imperative that we promote within our distributors ,participate in shows ,offer placement programs.. etc etc..It's all about planting retail seeds that we hope grow and gaining exposure .
I would be nice to have a team to communicate and see where the fish are biting good and maybe find knew friend and win tournaments
Fly fishing is not a mere sport or hobby, but it has become a passion that it rooted so deep in West Virginia culture that it has become a way of life (Bailey). When I first heard of fly fishing, I disregarded the subject as an old-fashioned type of fishing that has been outdated by modern technological equipment that allow you to reach every corner of the stream. Little did I know, this is not the case. JD Bailey is a local fisherman in Bridgeport, West Virginia that spent years mastering the art of fly fishing and I was lucky enough to get insight information from this valuable asset to keep the tradition of fly fishing in West Virginia alive.
The sales of the company are already up by 15% they are trying to increase the sale by anther 18% by end of this year. This means they want to have an increase in profit by a double-digit number.
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Fishing is an activity I have enjoyed doing ever since I was a little kid. In fact, one of my first fishing voyages was with my grandpa when I was about eight years old. He was an avid fisherman who went fishing almost every day and knew everything there was to know about fishing. Grandpa got me hooked on fishing. After Grandpa died, my dad picked up where Grandpa left off. We had a pontoon, and Dad took my brothers and me fishing whenever we had the chance. To this day, I still love fishing just as much as I had on my first fishing trip with my grandpa. Many people enjoy hobbies that are relaxing and peaceful, and others prefer exhilarating activities that never have a dull moment. I enjoy fishing because it has some of both.
Have you dreamed of going fishing on a tour that would actually provide you with fish? Would you enjoy going on a fishing trip that you will never forget? Our fishing charter boats are some of the best in this area. We have spent years figuring out where the fish are located, what our clients want to see, and what will truly make our clients glad that they went out with us.
3. Increase new business revenue by $5 million within the first 6 months of project completion by having an increased awareness and knowledge of customer needs, improved reputation, and the best blend of customer and project knowledge