Business Plan of Pyramid Engineering and Indonesia EEC

Running head: MANAGEMENT
Engineering Management
Name of the Student:
Name of the University:
Author Note:

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Executive Summary:
The report provides an insight into the business plan of two companies Pyramid Engineering and
Indonesia EEC. Pyramid Engineering represents a firm that specializes in the mechanical,
plumbing and electrical and fire protection. This particular company has architects and
developers who have thorough expertise of engineering across complete range of skills required
for the projects. They provide necessary advice to individuals regarding previous work and also
provide in recommendations from former employees. The individual reputations combined with
range of the expertise team will strongly appeal to the subcontractors. The company has been
licensed to carry out practice in eastern United States and expand in the concerned areas. The
other firm EEC has been introduced in Indonesia in the year 1996. The company offered cost
effective and good quality service in design, engineering, construction, construction
management, procurement and different types of consulting service related to design
management and engineering of electrical power plants.
The report commences with the business profiles, mission, vision, goals,
product/services, marketing research/ plan, operational strategy, positive and negative
components of the company, recommendations for both the companies and the challenges faced.

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Table of Contents
Business Plan...................................................................................................................................3
1. Introduction:................................................................................................................................3
2. Purpose of the Report:.................................................................................................................3
3. Brief Description of Each Company:..........................................................................................4
a. Business Profile:.......................................................................................................................4
(i) Pyramid Engineering:..........................................................................................................4
(ii) Indonesia EEC:...................................................................................................................4
b. Goals, Mission and Vision.......................................................................................................5
c. Products / Services:..................................................................................................................6
(i). Pyramid Engineering:.........................................................................................................6
(ii) Indonesia EEC:...................................................................................................................7
4. Market Research and Market Plan...............................................................................................8
(i) Pyramid Engineering:..............................................................................................................8
(ii) Indonesia EEC......................................................................................................................10
5. Operational and Financial Strategy:..........................................................................................11
6. Three Strongest Component of Planning and.......Execution of Engineering Projects for Plan 1
12
7. Three Strongest Component of Planning and Execution of Engineering Projects for Plan 2. .12
8. Three Weakest Component of planning and Execution of Engineering Projects of Plan 1......12
9. Three Weakest Component of planning and Execution of Engineering Projects for Plan 2.....13
10. Analysis & Comparison between Two Business Plan.............................................................13
9. Suggestions/ Recommendations on how the Business Plan could be improved:......................14
10. (i) Competencies and Problem faced:......................................................................................14
(ii) Strategies Adopted in Overcoming the Problems:...................................................................15
(iii) Five Lessons Learnt About Business Planning......................................................................15
References:....................................................................................................................................16

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Business Plan
1. Introduction:
The report aims at providing an insight into the business plans of two engineering and
technology related firms. A business plan represents a formal written document that contains the
business goals, ways in which the goals are attained and time frame during which the goals are
achieved. The two companies selected for this report are Pyramid Engineering and Indonesia
EEC. Pyramid Engineering puts across engineering service through the use of technology based
superior process. This provides greater value to the clients along with enhanced construction and
design (pyramidenc.com, 2019). Indonesia EEC on the other hand offers cost effective and better
quality service in procurement, project management, design, construction management,
environmental consulting and the consulting service (EEC, 2019).
In fact, the business plan represents a vital strategic tool for the entrepreneurs. Thus, a
good business plan not only enables the entrepreneurs to focus on specific steps but also to
determine the success of the business. It also helps the business in achieving the short term and
the long term objectives.
2. Purpose of the Report:
The purpose of the report is to provide a detailed business plan of the two companies. A
detailed business report helps in understanding whether there is a significant rise in the company
sales and profits in relation to procurement, construction, power generation, engineering and
delivery of power projects in comparison to the last year. The plan also helps in highlighting
sales revenue target over a period of five years. The plan portrays how the target seems
attainable either through proactive approach or through teaming with project finance provider or
partnering with regional engineers and reputable local suppliers or construction firms. This aids
in reducing the competition and improve pricing thus reducing the risk. The plan also portrays
that the required marketing budget also seems to grow every year. Depending on the previous
profits and the cash flow the plan puts across how the expansion of the company might be
carried out without increasing the financial leverage.
3. Brief Description of Each Company:
a. Business Profile:
(i) Pyramid Engineering:
This represents a firm that specializes in electrical, mechanical, fire protection and
plumbing. The company provides design, consulting and engineering services on education,
government, commercial and health care facilities and also undertakes subcontract with the
architects working within such facilities. The targeted clients are primarily the architectural
firms. The competitive edge of the company lay in the knowledge of the design resources based
on the digital technologies (Engineering, 2019). Superior level of customer service will be based