Fabco Industries, Inc. 1 Page Business Plan

truck equipment Business Plan

Fabco Industries, Inc. 1 Page Business Plan

Overview

Fabco Industries, Inc. has a clear business objective to develop, produce, promote and distribute truck equipment products and services. These products and services have been developed over 34 years with a core focus on addressing the key customer problem and associated opportunities.

The Business Objectives

When as a key component of our growth strategy we consider it critical to identify and outline our business objectives, and align these objectives with clear and measurable development milestones. Our key long term business objective is to grow revenue. Rapid revenue growth is considered the most critical and measurable business goal. At this stage of our development, we consider this to be more important than profitability growth, although both are important long term objectives.

The Customer

Fabco Industries, Inc. has been created with a clear focus on the needs of our customers. Through a structured customer discovery process, we have validated the key customer problem as mobility, organization, and cargo control. This is a critical issue for our selected target market of oilfield.

The Value Proposition

Fabco Industries, Inc. is uniquely positioned to deliver value to oilfield. "Fabco Industries, Inc. will create safe and efficient truck equipment so customers can perform their jobs safely." In order to be deliver on this value proposition, we 2 product lines, RKI and Liftmoore; over 150 years combined experience in the truck equipment industry. This capability has taken considerable time and resources to develop and forms the cornerstone of our competitive advantage.

Competitors

We have a number of competitors within the truck equipment market. We consider our key competitors to be: J & B Trailers and Equipment, Inc. And Big Tex Trailers. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with J & B Trailers and Equipment, Inc. And Big Tex Trailers by We bring youth to Fabco and new product lines..

Key Strategies

Over the next 6 months our focus will be to To take back the wholesale toolbox business for West Texas area. After several products lines to Get Fabco's offerings ie. Tommygate and Autocrane. This task will be undertaken in the context of our broader strategy to Add roustabout bodies to Fsbco's body offerings. In five years, have a robot building underbody boxes. Trademark a product line. . These strategies are a tactical implementation of our overall business goal as outlined above.

Milestones

Measurement of the successful implementation of our strategies will be governed by measurable development milestones. The milestones that will be achieved over the next 2 years are: sale off all pickup beds on yard in 90 days launch J trek roustabout beds incorporate off the hook into Fabco

About this document
truck equipment Business Plan
This document was created by Brad of Fabco Industries, Inc. using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.