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Originally founded as a sole proprietorship inthe marketing tactics employed by Children's World had grown to the level of being a family legend by Annual toy production of Children's World exceeded 86, units at this time, and major expansion plans were developed.
However, due to a slight downturn in the global economy, these plans have been shelved as projected profit levels have fallen to a near break even point in To revitalize the company, a rigorous program of research and development was undertaken in the early 's.
The first major breakthrough of which is ready for production. To be able to make maximum use of our proprietary breakthrough technology, Children's World needs to upgrade its existing facilities, as well as reevaluate the company's sleigh delivery system It is anticipated that a late model Cessna Citation could be modified to meet the operating requirements of Children's World.
In addition, several used cargo planes will need to be acquired to facilitate the development of large stockpiles of toys at strategic global locations.
A central hub system is being considered. Additional manufacturing upgrades are planned to facilitate the projected increases in manufacturing output. Some of the upgrades include the replacement of manual lathes with automated CNC machines, the installation of spray booths using the latest in electrostatic technology, computerized conveyor and sorting systems, and an upgrade in the Statistical Process Control SPC area of the Quality Assurance Department.
This loan will be backed by the full assets and inventory of the Children's World company. As the attached cash flows indicate, Children's World should be able to service the debt incurred by this loan application.
Timing of the loan and the market entry of the product will be critical, however, with the maximum value occurring from a November entry. It is wholly owned by Mr.
For the past 50 years, Children's World has experienced an increase in the public awareness of our year end close-out where we give away surplus inventory. Because of this practice, the public has begun to think of us on a seasonal basis as a philanthropic organization. To alleviate this problem, we have just completed the development phase of a novel and proprietary product line that will once again place Children's World in the minds of the public on a daily basis.
Byour operation had produced 86, toys, and has operated profitably ever since. Concept The "state of the art" of the industry today dictates that toys are produced without ever being touched by human hands.
Our new revolutionary product line capitalizes on the fact that our toys have traditionally been hand built by our local elf community.
Although our production methods are slow in comparison to other manufacturers, our quality levels are high while our costs are kept very modest. This new product line incorporates a rare, refined essence known only to our advanced Research And Development Dept.
This essence is well known in the animal community.Best Business & Personal Templates, Letters and Document Samples. Certificate Course Login: Username Password Go.
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