Fictional Business Essay

Submitted By katylea1992
Words: 440
Pages: 2

The business in which I am pursuing is in the electrical contractor field. I have chosen to name my business T&T Electric. We will offer comprehensive services that include, but are not limited to; designing, installing and troubleshooting wiring systems, low voltage wiring, alarm systems, and security cameras/systems. We will test, assemble and maintain all electrical equipment, wiring, appliances, and fixtures. We will also offer a diagnosis on malfunctioning machinery, systems, and components. We will then find the cause and correct it with hands on tools and test equipment. These systems can be located in commercial and industrial buildings, as well as residential homes. This even includes machines, or large pieces of equipment. A few of the materials and supplies we will be using include: lineman’s pliers, (heavy duty pliers used in bending, cutting, crimping, pulling, and twisting wire) side cutters, (used to cut small gauge wire, or cut off tie wraps) cable cutters, (used to cut large conductors and smaller cable) crimping pliers, needle nose pliers, vise-grips, wire strippers, as well as many other tools. Profit is a number that is determined by the amount of revenue (or income) that exceeds the cost and expenses of which your company incurs. My company’s main objective is to make a profit! Profitability, while closely related to profit, is used to measure the company’s profit in relation to their size. In order to ensure that I can be successful in both profits and profitability it will be necessary for me to efficiently utilize all of my available resources and my initial investment. One way we will