Tracking Device Maker Business Plan

RQM Technologies is a small business which will develop and distribute miniaturized Personal Locator Devices. The target market is: family consumers, equipment manufacturers, the transport industry, and the military. The tracking device maker business plan sates the company's objectives as: to become the premier vendor in this new industry, reach profitability within the first year, develop additional profit centers like programing, training, and seminars, increase sales to several million dollars by year 2, increase gross margin and improve cash flow, develop a Just in Time inventory, increase target market penetration, and increase brand awareness. The company's tracking device maker sample business plan indicates a marketing strategy aimed at families through highlighting the owing number of child abductions, target equipment manufacturers by creating close partnerships, businesses through the use of print advertisements, and the military through building constructive relationships with consultants.

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Tracking Device Maker Business Plan

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