EXECUTIVE SUMMARY
Durango Manufacturing Company will be formed as a medium-sized public manufacturing company based in Colorado and specializing in custom cabinets for residential and commercial market. The company CEO has an extensive knowledge and experience in the construction and cabinet industry and is well-versed in supply chain management. However, the CEO’s limited experience in financial management as well as creating value for the various stakeholder groups is made up for by the fact that two of the other company founders have substantial knowledge in the said areas.
The company founders have been actively involved in the construction of luxury homes in various capacities. In starting up Durango Manufacturing Company, the founders …show more content…
Growth highlights COMPANY DESCRIPTION
Durango Manufacturing Company is a new company based in Colorado that will provide expertise and highly-skilled quality workmanship in supplying cabinets to the residential and commercial market to the standard specifications of architects, owners and construction professionals.
Products
The cabinets are basically made up of two components:
• The boxes and shelves which come in a kitset form and finished with custom veneers.
• Doors, panels and drawer fronts that will be available in six custom designs with an unlimited range of custom finishes.
All these components will be supplied by Home Depot and the finer finishing done at our workshops by a team of highly skilled carpenters.
Advantages and disadvantages
The advantage of our products is that they come in 3 different lines that are determined by the price. There is the high-end residential section, the middle-level residential section and the commercial section for regular …show more content…
These will help in making critical business decisions. Financial management will help CEOs in rationalizing and in prudent use of finances among the competing needs aiming to maximizing profit. Financial management helps in making optimal decisions that are in line with shareholders’ wealth maximizing goal. For instance, balancing between debt and equity financing that will produce the highest earning per share can only be achieved through sound financial management. Finally, the company aims to create value for its stakeholders and there is no better way of doing this than understanding the essence of cash flow in the
Durango Manufacturing Company will be formed as a medium-sized public manufacturing company based in Colorado and specializing in custom cabinets for residential and commercial market. The company CEO has an extensive knowledge and experience in the construction and cabinet industry and is well-versed in supply chain management. However, the CEO’s limited experience in financial management as well as creating value for the various stakeholder groups is made up for by the fact that two of the other company founders have substantial knowledge in the said areas.
The company founders have been actively involved in the construction of luxury homes in various capacities. In starting up Durango Manufacturing Company, the founders …show more content…
Growth highlights COMPANY DESCRIPTION
Durango Manufacturing Company is a new company based in Colorado that will provide expertise and highly-skilled quality workmanship in supplying cabinets to the residential and commercial market to the standard specifications of architects, owners and construction professionals.
Products
The cabinets are basically made up of two components:
• The boxes and shelves which come in a kitset form and finished with custom veneers.
• Doors, panels and drawer fronts that will be available in six custom designs with an unlimited range of custom finishes.
All these components will be supplied by Home Depot and the finer finishing done at our workshops by a team of highly skilled carpenters.
Advantages and disadvantages
The advantage of our products is that they come in 3 different lines that are determined by the price. There is the high-end residential section, the middle-level residential section and the commercial section for regular …show more content…
These will help in making critical business decisions. Financial management will help CEOs in rationalizing and in prudent use of finances among the competing needs aiming to maximizing profit. Financial management helps in making optimal decisions that are in line with shareholders’ wealth maximizing goal. For instance, balancing between debt and equity financing that will produce the highest earning per share can only be achieved through sound financial management. Finally, the company aims to create value for its stakeholders and there is no better way of doing this than understanding the essence of cash flow in the