Product Summary

Design Process

Product Design

Market Research

Financial Data

Future Directions

References

Site Map

Upon implementing a business scheme for our company, we have drawn up the following projections regarding our future plans in terms of our finances. We have approximated the following data:

First Year We will focus on distribution of our product to some municipal pools and retail stores across Southern Ontario aiming to sell 1, 500 units.

Second Year We will heavily review the progress of our company and continue to advertise our product. We plan to double our units sold and expand the number of stores and pools that our product is sold or used in.

Third Year We aim to have our product recognized around all parts of Southern Ontario. We will continue to increase units sold aiming to attract a larger market.

Fourth Year We intend to double our units sold in order to continue the expansion of our product across all of Ontario and possibly surrounding provinces. This is the year in which we plan to break even and make a small profit.

Fifth Year We start to think about expanding nationally and implementing our product to the nation-wide market via large retail chain stores. This will boost sales above the 15 000 unit mark.

Sixth Year We look into possibilities of putting our product on the international market in the hope of increasing sales exponentially. The AquaBrace will be recognized as a first-rate safety device.