America Business History Essay Example | Topics and Well Written Essays - 750 words

America Business History - Essay Example Strategically designed and economical office furniture is therefore needed by all organizations. Getting custom built furniture and employing local labor and designers is both cumbersome as well as a painful process. Catering to the demands of office furniture for most organizations by provided prefabricated, custom designed and ready to fit furniture according to space availability and nature of organization is therefore the need of the hour. As mass production of furniture is already well established, particularly in some areas of New York, the company will have its headquarters at New York and will solely focus on office furniture for small and medium organizations, whose demands can be met in a timely and efficient manner. My company will commence operations from a hired shed in an area earmarked for small industry. A small workforce of 25 people composed of skilled and semi skilled carpenters and labor will be hired and their services utilized for designing and preparing small furniture items like office tables, chairs, filing cabinets, and foot rests ideal for small offices. Two engineers will be hired for visualizing and designing the components as per the type of raw material available, the present requirements of the upcoming US industries. The company will utilize only wood as the raw material as it is available in plenty with no resource crunch. Adequate quantity of raw material and hardware will have to be pro cured, stored and maintained by a single logistics manager of the company. The resources needed are wood as the principal raw material, hardware which includes tools and semi automation products, electricity and ideal premises for setting up the factory. Capital for setting up the industry can be procured as a loan from the bank which should be gradually paid off after meeting the initial sales targets. The focus of the company will be to become self reliant in terms of finances within a period of 5 years or even lesser,