Pyramid Engineering Strength and Weakness

Running head: FINANCE
Finance
Name of the Student
Name of the University
Authors Note
Course ID

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Table of Contents
Introduction:...............................................................................................................................2
Description of Each Business:...................................................................................................2
Business Profiles:.......................................................................................................................3
Vision, Mission and Goals:........................................................................................................4
Market Research:.......................................................................................................................5
Operational strategy:..................................................................................................................5
Products and Services:...............................................................................................................6
Marketing Plan:..........................................................................................................................6
Market Segmentation Strategy:..................................................................................................7
Pyramid Engineering..................................................................................................................9
Profit and Loss Account:........................................................................................................9
Cash Flow Forecast:.............................................................................................................10
Start-up Cost:.......................................................................................................................11
Balance Sheet:......................................................................................................................12
Profit and Loss Account:......................................................................................................14
Cash Flow Forecast:.............................................................................................................15
Start Up Cost:.......................................................................................................................16
Balance Sheet:......................................................................................................................17
Strongest and weakest components of each business:.............................................................17
Pyramid Engineering Strength and Weakness.....................................................................17

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Recommendations:...................................................................................................................18
Conclusion:..............................................................................................................................19
References:...............................................................................................................................21

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Introduction:
The present study is based on selecting two engineering related company business
plan and providing the description of each of the company’s business plan. The report would
be providing the mission and vision of each company and would be explaining the strongest
component for each company’s planning and execution of engineering projects. The report
would also be highlighting the weakest components for each plan and a comparative analysis
of the two business plans. Finally, a recommendations will be provided as how the business
plans can be improved to facilitate the planning and execution of engineering works.
Pyramid Engineering is a company that would be specializing in mechanical,
plumbing, electrical and fire protection. The company provides engineering, design and
consulting services on government, educational, commercial facilities and educational health
care by subcontracting with the architects working on such facilities. While Rosafarbenes
Nilpferd & Sons Engineering Inc (RNSE) specializes in the segment of technology 2 system
which is physically incorporated into the product which performs a dedicated function or the
specific application. Examples of the RNSE products includes the consumer products such as
the kitchen appliances and home entertainment system while the commercial products
examples include the point of sale terminals, industrial process controls etc.
Description of Each Business:
Pyramid Engineering is a company that provides engineering services by using the
technically advanced procedure which provides greater value to the clients and enhanced
design and construction. Pyramid Engineering emphasis on fire protection, electrical and
mechanical products (Drucker, 2014). The target customers of the Pyramid Engineering are
the architectural firms. The targeted segment for work is divided in five categories namely
the education, government facilities, contractors, heath care and commercial facilities. The

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competitive edge of the company will be its vast knowledge of digital based design resources.
Superior customer service would also be the point of company differentiation. Application of
quality control and assurance program would help in providing emphasis on production.
While RNSE would look establish a strong foothold in the niche market of technology
for category one product devices. To capitalize on the increasing demand for the category one
product devices the company aims in developing technology one hardware and software
(Kirzner, 2015). The company has positioned itself as the high-end developers of devices and
targets selective telecommunication companies along with the smaller industrial automation
as well as instrumentation companies that has the strong demand for the higher performance
product of category one devices.
Business Profiles:
Pyramid Engineering was set up four years ago and it is located in the Altoona,
Pennsylvania. The company comprises of highly-qualified professional engineers. As the
company engages itself in the fields of electrical, plumbing, mechanical and fire protection
engineering services the engineers of Pyramid Engineering are registered in around 22 states
and districts of the Columbia and altogether have more than 90 years of joint work
experience. Pyramid is successful in providing expertise and leadership although the
interactive design procedure (Venkataraman, 2019). By keeping continuous communication
and integrated design concepts, Pyramid Engineering forms design that are unique to the
needs of clients.
While RNSE is a solely owned high tech business since it established in 1992. In
order to capture the rising demand for product one category devices, the company has newly
shifted its focus from providing consulting services to the creation of technology one
hardware and software (Kuratko, 2016). After consulting drop in revenue from 1998, RNSE

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restricted its consulting activities and started its production for the first line product that was
introduced during 1999. RNSE products are simply off-the-shelf ready platform which
contains all the required infrastructure for the technology 1. The appliance makers can
immediately emphasis on their specific product applications.
Vision, Mission and Goals:
The mission of Pyramid Engineering is to offer high quality professional engineering
service for the construction and other related activities in order to strike balance between the
public and private customers (Noe et al., 2017). The company is committed towards higher
standard client service, employee development, ethical business practice and reasonable
profitability.
The vision of Pyramid Engineering is to be recognized by its excellent design, system
integration and commitment towards sustainability (Lasserre, 2017). The company seeks to
add value with the help of innovation and creativity, aligning itself with the customer goals
which meets their quality and cost objectives.
The goals of Pyramid Engineering are as follows;
a. Achieving a revenue of $350,000 in first year of operation
b. Attaining 10% of the market share.
Rosafarbenes Nilpferd & Sons Engineering’s mission is to form an advance product
category one solution for the appliance and equipment developers who because of the fast
growing technology are under pressure of getting their products in the market quickly
(Parker, 2018). The vision of the company is to maintain a small group of technical team,
outsourcing the manufacturing and keeping the marketing offers which would meet the
demand for the product one requirements.