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Hardwood Floor Refinisher Business Plan

3 mars 2023 Businnes Plan


Hardwood Floor Refinisher Business Plan


Wooderful Floors a start up company that offers wood flooring refinishing in Pittsburgh, Pennsylvania. The company was started as a L.L.C. Logan Madison.

Keys to Success

Wooderful flooring has identified key elements that will ensure its rapid growth to profitability within one year.

  1. Attention to detail: Every floor worked on must be done to precise, caring standards.
  2. 100% customer happiness : Every customer has to be satisfied with their work.
  3. Business efficiency: All processes and activities in the business must be analyzed and determined if the most efficient process is being used.

Competitive Edge

Wooderful Floors will put emphasis on environmentalism, trust experience and building market share. Wooderful Flooring only uses a water based finishing product. The relatively new product, which is not toxic and doesn’t emit harmful fumes into air, is just as durable than the polyurethane options. Due to toxic fumes, homeowners often have to move out of their homes for several days. Wooderful Floors is an expert in this water-based product. Logan is the most knowledgeable service provider for water based products.

Management

Logan Madison obtained his Bachelor’s degree from Allegheny College. His last few years of employment were as a floor refinisher in a general contractor. Logan was already using the water-based products from the beginning and learning more about how to use them.

Through a combination of skill and experience, Logan will lead Wooderful Floors to profitability with the first year. Wooderful Floors is forecasted to achieve steady growth in sales for years two and three, and corresponding increases in net profit.

1.1 Mission

It is Wooderful Floors’ mission to offer the highest-quality environmentally-sound wood floor refinishing service in Pittsburgh. Wooderful Flooring will quickly build a loyal customer base through fair pricing, skilled craftsmen-like work, and 100% customer satisfaction.

1.2 Keys to Success

  • Attention to detail is key. Every floor should be finished to perfection.
  • Wooderful Floors is responsible for 100% customer satisfaction.
  • Wooderful Floors should be remembered that floor refinishing takes a lot of work and love. To be a sustainable company, Wooderful Floors must also pay attention to the details regarding business efficiency.

1.3 Objectives

  • To become the premier environmentally-sound wood floor refinisher.
  • You can be financially successful in the first year.
  • You will see significant improvements in your market penetration.


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