Professional Documents
Culture Documents
Candidate Number:
Centre Number:
Proficiency: General
Option: CAD
Category: Construction
Problem Statement
It is often difficult to press bearings from metal work pieces. Difficulties when holding and keeping the
materials firm can result in the workers sustaining injury and a business having downtime.
Conditions
The bearing press was designed to be operated manually with less effort and difficulty. It has a
mechanical advantage and gives the operator some level of comfort when operating. It is applicable for
any operator as it is a safe device, which is easy to use.
Design Justification
The design was chosen because the materials are easily available and inexpensive. It is effective in terms
of being used to press bearings with minimum amount of effort. The probability of workmen injury is
essentially eliminated; and it can be used at any time and in at any location.
Materials
Body Mild Steel
Handle Bright Mild Steel
Screw Bright Mild Steel
Pad Mild Steel
BUSINESS PLAN 2023
1
CONTENTS
Executive Summary.....................................................................................................................................1
Introduction.................................................................................................................................................2
Business Environment.................................................................................................................................3
Marketing Plan............................................................................................................................................4
Operations Plan...........................................................................................................................................4
Financial Plan...............................................................................................................................................5
i
EXECUTIVE SUMMARY
Business Description
A limited liability company that will be created to manufacture and repair bearing presses.
Product Description
A bearing press is a device used to press in and out bearings and to install bearings into shafts.
Target Market
Metalwork companies, mechanical shops, machinists.
1
INTRODUCTION
2
BUSINESS ENVIRONMENT
Mission
BEARINGS SOLUTIONS LTD will be the leading manufacturer of bearings in Trinidad and Tobago
providing service to meet the needs of any costumer/job requirement.
Vision
To expand production of bearing presses produced by Bearings Solutions Ltd into the global industrial
market.
Days/Hours of Operation
BEARINGS SOLUTIONS LTD will be open for business as follows:
Quality Control
Product must be of high quality and done with expertise.
A final inspection of the product and the work done must be carried out to ensure that the
measurements and alignment are correct and to ensure customer satisfaction.
3
MARKETING PLAN
Target Market
Metalwork companies and mechanical shops, including auto mechanic shops in Trinidad and Tobago and
the International Industrial hub.
Promoting Strategy
BEARINGS SOLUTIONS LIMITED will engage in a thorough marketing campaign.
1. An updated website and Facebook page will be maintained.
2. Advertising pages will be bought in prominent, respected industrial journals/magazines.
3. Signage at business offices and factory will be attractive and clear.
4. Business cards will be given to employees and kept at the office. Invoices and other company
stationery will be bear logo and business details.
OPERATIONS PLAN
BEARINGS SOLUTIONS LIMITED operates at an organized workflow as depicted below. Manufacturing is
the main area of business, but at times there will be repair and callouts.
4
FINANCIAL PLAN
The following projected financial documents were prepared with the following assumptions:
1. Income streams: selling manufactured bearing presses; repairing bearing press in store or on
callouts.
2. There are eight (8) employees and the owner.
3. The business property is rented, and a loan was taken to assist the start-up.
5
APPENDIX I – EXAMPLE OF PROMOTIONAL ITEMS
Call Card