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Strategic Objectives

The company intends to increase its turnover profitability, employment and assets over a three year period. The objectives are set out as follow:

  • The company has increased turnover of 36% growth during the past 3 years and we expect that sales tend to grow at a minimum growth of 25% to 30% over the next 3 years financial year ending February 2009, February 2010 and February 2011.

  • To improve profitability from the current situation of 10% to 15% after three years, currently the businesses average monthly debit is positive.

  • To acquire additional manufacturer approvals from premium vehicle brands in order to increase the share of the business.

  • To use BEE status to attract clientele from established panel beating operations, by increasing presence on insurance company panels.

  • Ludski is convinced that the expansion into the present workshop can assist in improving revenue as there is a increase capacity to meet the increase demand.