Laserfiche WebLink
• plant and we are in fact turning away business. Our embroidery business continues to grow. We <br /> have increased our utilization of current embroidery equipment and plan the purchase of another <br /> one head machine in the near future and a another six head machine within the next two years. We <br /> have just recently purchased a computerized cutting machine which will allow us to expand our <br /> sales into signs, banners and decals. Once we gain proficiency in its use, vehicle decoration may <br /> also be added. <br /> We have added another sales rep to our business within the last year and will continue to <br /> target new ad specialty customers. Our new plant and the added capabilities it will provide, will <br /> help us in selling our services to a new group of customers. We will also continue to expand our <br /> business to additional reps within the national ad specialty companies we already serve. <br /> 7. Financial projection for two years <br /> If we are able to build our new facility, we see no reason not to continue a minimum <br /> growth rate of between 10 and 20 percent in sales for the next two years. While our past growth <br /> has not been spectacular, we have built what we feel is a very solid customer base. In 1997, our <br /> top ten customers comprised only 50 percent of our overall sales. This means our business is not <br /> at the mercy of a few large programs or customers. In fact, we have an ever expanding pool of <br /> smaller customers who continue to bring repeat business and tell others like them about our <br /> services. <br /> • As a result of continued growth in our existing services and new growth from areas we <br /> would be able to expand into, we would also expect to increase our number of employees as <br /> required. <br /> S <br />