Starting a Ship and Boat Building Business
This industry comprises establishments primarily engaged in operating shipyards or boat yards (i.e., ship or boat manufacturing facilities). Shipyards are fixed facilities with drydocks and fabrication equipment capable of building a ship, defined as watercraft typically suitable or intended for other than personal or recreational use. Boats are defined as watercraft typically suitable or intended for personal use. Activities of shipyards include the construction of ships, their repair, conversion and alteration, the production of prefabricated ship and barge sections, and specialized services, such as ship scaling.
Writing a Barge building business plan will force you to objectively develop and evaluate your tactical and strategic plans. It will also help you identify the opportunities and risks encountered as a result of your decisions.
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Opening a Barge building Business
Your business plan needs to cover The market, Market segmentation, Consumer analysis, Competition, Product features and benefits, Competitive analysis, Positioning, Advertising and promotion, Sales, Research and development, Operations, People, Payback and exit plan and professional Financial Projections
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The first half of the business plan is geared towards helping develop, support and finally solid business strategy. You look at the market, the industry, customers and competitors.
During the second half of the business plan the entrepreneurs have to execute their selected business strategy. The Barge building products and services, marketing and business operations should all closely tie in with business strategy.