If you are looking for a sample plastic injection molding business plan template, here is a business plan for starting a plastic injection molding plant and free feasibility study example you can use.

PLASTIC INJECTION MOULDING COMPANY BUSINESS PLAN SAMPLE PDF / DOC

For every business, a business plan is important as it helps to provide direction for the business. A plastic injection molding business is no exception.

In this article, we shall be providing a guide on how to prepare a winning plastic injection molding business plan that will enable a business to get a most needed funding and backing from investors and lenders and to also help provide the most needed direction for the business.

A plastic injection molding business is a very lucrative business. Part of what makes the plastic injection molding business lucrative is that its products are used by various types of industries in achieving their own independent production goals.

In preparing a plastic injection molding business plan it is important to first bear in mind the various parts and required segments of a business plan.

The required parts and segments expected to be contained in the business plan are;

  1. The Introduction or The Industry Overview
  2. The Executive Summary
  3. Risk and Strength Analysis
  4. The Market Analysis
  5. The Competition
  6. The Sales and Marketing Strategy
  7. Financial Analysis and Forecast
  8. Sustainability and Expansion Strategy
  9. Conclusion

The above-listed points are expected to be in the plastic injection molding business plan. They can be in the form of sections or chapters. What form they take will depend on the requirements of the business plan.

We shall now explain these various segments in detail.

  1. The Introduction or Industry Overview

The introduction or industry overview section is the first section or chapter of the plastic injection molding business plan.

In this section, you are required to provide background knowledge of the plastic injection molding business.

Also required to be discussed in this chapter is some history and direction of the plastic injection molding business industry, and also, knowledge of the global and local market.

  1. The Executive Summary

The executive summary section is the second section or segment of the plastic injection molding business plan.

On this section, the company should be discussed. A background on the company, its history, and its people should be provided also.

It is also required to provide pertinent information on the company which includes the company’s vision statement.

To be contained in this section also is the mission statement of the company.

“To provide the best quality of plastic molds”, if this statement, resonates with the vision of the business, it can be used as a vision statement for the plastic injection molding business, that is, if the business doesn’t have one already.

The executive summary section of the plastic injection molding business plan should also provide information on the business structure to be adopted or being used by the business.

To be detailed in this section also is the various roles and responsibilities of key officers in the business, such as the Chief Executive Officer (CEO) and Chief Operating Officer (COO).

  1. Risk and Strength Analysis

Every business has its own peculiar weaknesses, risks, and strengths. In this section of the plastic injection molding business plan, information on the peculiar strengths, weaknesses, and risks of the business should be provided.

The weakness of the business could be lack of well-trained manpower, while the strength of the business could be the latest technology being used at the plant for plastic molding.

  1. The Market Analysis

In the market analysis chapter of the plastic injection molding business plan, information on the understanding of the plastic injection molding business should be provided. This includes such information as the trend in the market.

Information on the understanding of the target market should also be provided. The target market for the business could be makers of hospital equipment, automobile companies, phone manufacturers etc.

  1. The Competition

This chapter of the business plan should detail the understanding of the level of competition in the market for plastic injection molding businesses.

It will detail the understanding of who the competition is. The competition for plastic injection molding businesses is the already established plastic makers in the market.

  1. The Sales and Marketing Strategy

On this section, the company should detail its strategy for sales and marketing of its plastic products.

The plan should also detail the place of pricing in the sales strategy and marketing of the plastic products.

One of the channels for marketing to explore includes industry journals and magazines.

  1. Financial Analysis and Forecast

Finance is an important aspect of every business, this part of the plastic injection molding business plan should provide information on the sources of capital and funding for the business.

It should also provide information on the income and revenue for the business including future expected profit for the coming years between one to five years.

This section should also provide information on business expenses.

  1. Sustainability and Expansion Strategy

To be contained in this part of the business plan is information on how the business plans to expand and grow its operations. One expansion strategy to adopt could be to buy out other existing plants.

Conclusion

This chapter of the business plan will provide a summary of the various components of the business plan and a closing remark.