Tetra Tech Limited Sustainability Report
Added on 2020-05-16
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Assessment 3: Business Plan1
EXECUTIVE SUMMARYThe report herewith deals with the business plan for a new startup company named “Tetra TechLimited”. The business is going to deal with consulting services wherein it will offer solutions tostructural engineering services. To start up, the business owner will use personal savings of AUD$10000 and AUD $15000 will be taken as a loan. The business will rent a corporate office inMelbourne, and the targeted customers will be set up architectural and engineering companies,regional and federal legislative section, law offices, temporary workers, individuals and brokersor dealers in Australia’s housing and industrial market. This business will be operated in amanner so that from the first year, it will earn huge profits.2
Table of ContentsExecutive Summary.........................................................................................................................2Strategy and purpose of the Business..............................................................................................4Services........................................................................................................................................4Strategy........................................................................................................................................5Market research/analysis.................................................................................................................6Competitive marketing strategies....................................................................................................8Customer analysis............................................................................................................................9Financial plan, analysis and forecasting results.............................................................................13Financial Assumptions...............................................................................................................13Business ethics...............................................................................................................................19Business Controls..........................................................................................................................20Business sustainability...................................................................................................................21REFERENCES..............................................................................................................................223
TASK 1STRATEGY AND PURPOSE OF THE BUSINESS The new business which is going to be introduced in the market is related to a consulting firmthat will offer solutions to structural engineering services. This business will be operated underthe name “Tetra Tech Limited”. This newly started company will offer professionalism inengineering designs for their clients. They assist the customers to plan, control and design forbusiness, residential and commercial type of buildings. The main concentration of business willbe on the general population division within remote groups crosswise Australia.Tetra Tech Limited will be a company with limited liability. The organisation will be ownedprivately, and its purposes will be to offer inventive and efficient plan services by keeping upcutting edge outline innovation. To remain competitive in the market, the organisation willaddress customer issues on tasks of all sizes and also handle special projects for design.In the initial years, business will need a corporate office that will be set up in Melbourne,keeping in mind the end goal to lessen start-up charges. The workplace space is assessed to be150 square feet, however; the business will introduce a committed fax line and additionally a fastInternet association. An intelligent site will likewise be produced which will fill in as apromoting instrument. The domain name of "tetratech.com" has just been saved to operatewebsite smoothly.ServicesTetra Tech Ltd. will significantly offer complete services for structural engineering. However,business will concentrate on structures with three areas 'Utilize and Occupancies': housing,business and industrial. The organization is scheme oriented where each task includes distinctiveclassifications such as redesigns, restoration, increments, new development. The main services ofbusiness are described hereunder:Project Consulting: The main service is project counselling that will be offered to ClientCompany in a way to show company’s expertise in different domains. There will be costassociated with every project that will be called as “Proposal costs”.Forensic Investigations: The Forensic investigation services will be offered to serve the publicand private sector market. However, the company will specifically focus on troubleshooting1
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