... working capital purposes. THE BUSINESS AND ITS OBJECTIVES Name: vibe entertainments limited Address: unit 21 Lawden road Bordesley Birmingham B10 0AB Legal status: Private limited company Share holders: Kinza Anjum 50% Sandeep Benning 50% Business: Hi-Fi Loudspeaker Manufacture Start Date: 1st January 2007 Mission Statement: Vibe Entertainments will become a leading manufacture of quality loudspeaker systems and become a household name. Short Term objectives: With in the first 12 months of trading Vibe Entertainments will: * Produce and sell 4800 units (pairs) of loudspeakers * Achieve sales turnover of £480,000 * Achieve a pre tax profit of over £45000 * Supply for over 50 major hi-fi retailers though out the UK * Take 10% of UK's markets in similar units Long term objectives: With in the first 3yrs of trading vibe entertainments will: * Increase the product lines to 6 loudspeaker models * Increase annual turnover to £1,000,000 * Establish sales through agents in the EU, US and Japan PERSONAL PLAN It's important for vibe entertainments to employ the right type of people as ...

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