Tire Pressure Equipment
Autor: pari lubana • March 22, 2018 • Case Study • 6,587 Words (27 Pages) • 611 Views
EXECUTIVE SUMMARY[pic 1]
Tire Pressure Pro company is a private corporation owned by six partners that operate as the board of the company. It manufactures the electronic equipment used to check pressure and temperature inside tires on distinct types of vehicles. It gives real time information to inform about pressure to driver. This system is designed to avoid traffic accidents, poor fuel economy and hazards caused by high & low pressure tires.
Most of the high-speed traffic accidents are caused by abnormal tire pressure. People usually are not aware about abnormal conditions created by high & low pressure tires. This Tire Pressure equipment warns people before occurring any accident. It makes sure that tire pressure is at its proper level.
This system monitors any abnormal pressure through alert. It starts beeping and flashing in these situations. When pressure goes very high and low then it indicates people to stop vehicle immediately to avoid problems. It gives automatic alerts when there are unnatural situations.
Tire Pressure Pro is committed to offer best product at low prices to everyone so that they can avoid dangerous situations. For promotions, Tire Pressure Pro will use social media, retailers where people can find the information about this innovative system. Tire pressure equipment costs[a] $39.35 to make; Listed price is $99.99 for customers and $75.00 for businesses (our wholesale price). Tire Pressure operates and manufactures in Langley, BC where it is advantaged by the low lease price and the location of its suppliers.
Tire Pressure Pro operates with 10 employees including the six partners. Everyone is committed to seek better future of company.
THE COMPANY
Tire pressure pro operates as a manufacturer and seller of tire pressure equipment to check low and high pressure. Our aim is to sell our products to gas Stations, trucking companies, all homeware-hardware stores, local & overseas businesses and through online sales to customers. Our ambition is to grow our business all over the world.
Tire pressure pro is a corporation founded by six equal partners. The executive board includes all six partners. Suzanne is elected as the CEO of corporation. All decisions are made by voting, in case of a tie, the CEO will make the ending decision. Our plant at Langley is our head office. The date of corporation and address is mentioned below.
Head Office:
100-20171 92A Ave
Township of Langley, Langley ,BC V1M 3A5
Date of incorporated:
1 January, 2018
MISSION
Our product provides ease to people who are suffering from poor fuel economy and accidents due to high-low pressure tires. Our primary mission is “ To protect people’s lives by knowing the incident before it occurs” and that is what we strive to do on our daily basis.
FORM OF BUSINESS
Our business will be based on partnership. We will be having a legal contract where all the liabilities and assets will be described. We will be 6 partners in business who will share management and profits. All strategic decisions will be taken by all partners who will contribute equally. All risks and other losses will be shared by everyone as it would be on agreement.
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