Business plan for Far Horizon yacht builders.

Authors Avatar by lil_cee69 (student)

 

Communication & Business
Business Plan

Far Horizon is a company that is performing well and has been successfully trading over the past 15 years. They started off by manufacturing and selling their own sailing dinghies. From this success for the last 8 years they started to manufacture and sell small yachts. Various clients require what far horizon has to offer as they sell such great products and reasonable prices. The target market is people of all ages ranging from young children to the elderly so there is a very large base the products are aimed at.

 Far Horizon does not have many employees but comprises of a great, hardworking and friendly team of 15 full time and 2 part-time employees. The feel of the company is great and everyone gets on extremely well, this relationship allows for the company to function well and keep up a good working system.

Now the greatest opportunity has been spotted and the potential to design and create a much more substantial 4 to 6 berth seagoing sailing yacht. This will enable the company to have an even larger target market and boost sales so create a much greater profit.

 Annual Accounts

Join now!

Balance Sheet

The graph above shows how the market growth of the company has developed over the years, from the figures it is clear that far horizon are doing well and maintain a high number of sales considering the amount of units produced. The graph also includes forecast and future sales for next year that look promising. Far horizons had a good start to business and sales increased well throughout apart from the final years from 14- 16 when sales plummeted, this was supposedly due to the financial situation or the credit crunch. Year 16 looks ...

This is a preview of the whole essay