Gold Mining Business Plan

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How to Write a Gold Mining


Business Plan [Sample
Template]
Do you want to start a gold mining company?If YES, here is
small
a s sample
cale
deailed p
gold mining business lan template f
&money spinning businesses that are monopolized by wealthy
easibility
investors andreport. here businsses
one of such are e
is operating
t a gold ore mine.
T
people and accredited
The gold ore mining business is indeeda profitable business, but you
scalebethrough
must very high
ready to barriers before
[iezoie
launching this type of business. If you have
conducted your market research and feasibility studies, the next
step to follow is to Wren m aid write a detailed Sector
blueprint of how
you intend raising your seed capital, setting up the
business, managing the flow of the business, sorting out tax and marketing your
services amongst others. How to Write a
Diamond Mining Business Plan [Sample Template]

How to Write a Coal Mining


Business Plan [Sample
Template]

How to Write a Sand


Mining Business Plan
[Sample Template]

Below Is a sample gold mining company business plan template that


successfully launch r b
you own
will help
usiness;
you

A Sample Small Scale Gold Mining

[PEzoic
Business Plan Template
Table of Content
1. Industry
Overview 2.
Executive
Summary
3. Our Product and
Service Offerings 4. Our
Mission and Vision
Statement
5. Job Roles and
Responsibilities 6.
SWOT Analysis
7. MARKET ANALYSIS
8, Our Target Market
9. SALES AND MARKETING
STRATEGY 10. Sales
Forecast
11, Publicity and
Advertising Strategy 12.
Our Pricing Strategy
13, Startup Expenditure (Budget)
14, Sustainability and Expansion Strategy

1. Industry Overview
Players in the Gold and Silver Ore Mining
industry
processingofprimarily mine gold
o e into a concentate or and silver-
bullion. bearing
Gold nd
ores. Mining
silver activities
ore minig include the development of mine sites
comp nie
further refining on r
the on-site typically
a toll-charge
and basis. retain ownership of the
r a n
semi-processed gold or silver products and
a s
pay for

Ifyou are an observer of the Gold and Silver Ore Mining


industry, you will notice that the industry revenue Is largely
a function of production volume and commodity prices. For the
Gold and Silver Ore Mining industry, output volumes and sales
prices for both
gold and silver have fallen over the past five years, leading to significant
industry

[iezoie contraction.

Meanwhile, demand from manufacturers of electrical equipment,


electronic products and Jewelry, which comprises the
Industry's primary markets, has stagnated or even declinedover
the pastfiveyearsasa resultofhigh
Importpenetrationandinputcosts.
Overall,industryrevenueIsexpectedto declineoverthe fiveyearsto
2017.
In the united states of America, the industry generates over
$9 billion annually from more than 162 gold and silver ore
mining companies scattered all around the country. The
industry is responsiblefor the employmentof over 14,282
people. Experts project the Industry to grow at a -9.0 percent
annual rate. Barrick, Kinross Gold and Newmont are the market
leaders in this industry in the United States of America; they
have the lion market share in the industry.
Arrecent report published by IBISWorld shows that the five
years to 2017 have been volatile for the Gold and Silver Ore
Mining industry. The report further stated that the Industry
revenue spiked until 2012, proving this Industrtoy be oneof
the few that benefited from the financial crisis, as well as
the years of economic instability that followed.

siver, cusinga gold ad silver prices to surge


In times
This of economic turmoil, investors look
drovel elped industry
gold rices revenue
to all-time
n to grow
hihs.
to buy an
Furtermoe, safe-haven assets
underspply suchdue
of gold as to
gold and
. h
through to 2012. In fact, strong demand from domestic and
p g h r
international investors
u decreased industry production in the
2000s further contributed to the spike in prices.
Ifyou are onsidering starting a gold miing
large scale, the
c you sould ensure that you n
business whether on a small scale or on
well hen
obtain l it
th Is
necesary
n permts fom
h the al e
local, state and
strategically federal government. The truth is that this
w
positioned.
a
s i r
type of business does pretty

In summary, gold minin business


g is a
any aspirig entrepreneuor come in and esablish
profitable buiness
n venture and it
t i open for
his or her business; you an choose
to start on a small scale on a large scale
s s
t
with robust distribution networks all
c
across the United States of America and other countries of the world.

2. Executive Summary

TTK® Gold Mining Company is a standard and


licensed gold and silver mining company that will be
based in the Boise Basin in Boise County - Idaho, USA but we will own.

Our buiness
s galo as a gold miing n company is t o
Jewelry hemaking
beome Stte uber onecompanies
choice teoand other companies
United and othr countriesof world. As a business, we
c go thet
are wiling to n m f
and that
lso tomakehire use
efficient
of gold and silver in the
a
and dedicated employees. s e
extra mile to invest in owning our own
a
h l
environmentally friendly gold and silver mines
We have been able to secure permits and
at the loc l government an state evel in the Unit d State of America. TTK® Gold
Mining
licenses Company
from all is et t redefne
relevant how stndard
departments bothgld
all
minin business a should be run d l

s o i a
across the world. This is why we have
e s

a o g
put plans in place for continuous trainoif
nalgl our staff.

The emndfo
d aold ad r silver g Is notn going to
have
pummetput planssoon
any time in whch place s why to continue to
l i
explore all available market around the
i we
United States and other countries of the world. In the nearest future, we will
ensure that we

other countris
create a wide range of distribution channels all across the United States of America and

TTK® e Mining
h
of teGold world.
sustainability,
Company ill at all-time
bot individually and
demonstrate her commitment to w as
a firm,that
ensure by actively
we hold ourselvesparticipating
h n our
accountable to
customers’ needs
the highest standards
communities and byintegrating
meeting ou sustainable
precisely and
completely. i
business practices wherever possible. We
r
will

TTK® Gold Mining Company is a partnership businessthat will


be Jointly owned by Tony Kenneth, Tyson Barker and Karis
Murphy. Tony Kenneth who Is the Chief Executive Officer of
the Company has a Degree in Mining Technology with over 10
years’ experience working In related Industry as a senior
manager cum mining engineerprior to starting TTK® Gold Mining
Company.He will be working with a team of professionals to
build the business and grow it to enviably heights.

3. Our Product and Service Offerings


TTK® Gold Mining Company is established with the aim of
maximizing profits in the gold and silver mining industry. We
want to compete favorably with leaders in the Industry which
is why we have but in place a competent team that will ensure
that our products are of high standard.
We will work hard to ensure that TTK® Gold Mining Company is
not just accepted in the United States of America, but also in
other countries of the world where we intend supplying our
products. Our products are listed below;

** Silve
Gold or
ore r e
mining
mining
* Gold ore beneficiation
* Silve or bener iciatio
e f n
* gold and silver bullion, ore and concentrates
4. Our Mission and Vision Statement
* Our vision as a gold mining company Is to
own goldthe
become andnumber
silverone
mines allinacross
brand the the United
States of America and other countries of the world; we want to
gold and silver mining industry.
* Our mission is to establish a standard gold mining company that in
our own
We want
capacity
gold towill
mining build a gold mining
favorably competecomanythat
with leaders in the industry at
wll e listed amongt the op 5 p i b
companies
the global in the
stage.
world.
s t

Our Business Structure


As part of our plan to build a top flight gold mining company
in Boise County~ Idaho that will favorably compete with leaders
in the industry, we have perfected plans to get
itrightfromtheonsetwhich Iswhywe
aregoingtheextramiletoensurethatwe have
competentemployeestooccupyalltheavailablepositionsinourcompany.
In view of that, we have decided to hire
qualified and competent hands to occupy the
following positions at TTK® Gold Mining Company;

© Chief Executive Officer (Owner)


* Gold Mine
Manager
** Human
SalesnResources
ad and Admin Manager
* n f
Marketig Oficer
*Accountants/C
Truc
Gold and Silver
ashiersk
Drvers i
Mining Casual Workers *
Customer Service Executives

5. Job Roles and Responsibilities

Chief Executive Officer - CEO (Owner):


* Increases management's usefulness by recruiting, selecting, orienting, training,
coaching, counseling, and disciplining
managers; collaborating values, strategies,
Job
andesults; developing
objectives; incentives;
assigning accountabilities; preparing,
and opinions; providing
developing
r a climate for offering
educational
Responsible opportunities.
* iformation for providing monitoring, and appraising
direction for the business n
+ Answerablefor fixing prices and signing business deals
* Makes, connects, and implements the organization's vision, mission,
and overall
direction - Le. leading the development
organization's
and implementation of the overall *
* srategy.
Evaluates the successt
of the Accountable
organiation for signing checks and
documents on behalf of the company
z
Gold Mining site Manager
* Oversees the smooth runningof operations in the mine
* Makes sure that quality
* organiza
is Mapsout strategiesthat
maintained at all timeswill lead to efficiency amongst workers in
*theResponsiblefor traning, evaluaton
tion
and assessmentof thei workforce i
requirement;
* clling
Ensuresfor
operation
epairs of equipment by completing preventive maintenance
s r .
* Ensures that our gold and silver mining
a
site meets the expected safety and health
standard at all times.

Human Resources and Admin Manager


+ Responsible for overseeing the smooth running of HR and
for the
administrative tasks
* organization
Carries out induction
* Definejosb
for positions for recruitment and managing interviewing
new team members
process
* Responsiblefor training, evaluation and assessment of employees

* Oversees the smooth running of the daily business activities.


Sales and Marketing Manager
+ Manages external research and coordinate all
to retai the organiza ions’ best customers and at ract new ones
n
the
generated
internal
by sourcesof information * Models
customer purchases
t
demographic information and analyze the
t
volumes of transactional data
* Identifies, prioritize, and reach out to new partners, and business
opportunities
etal
* Responsible for supervising implementation, advocate for the
customer's needs,
and communicate with customers

* Documents
Develops, all custome
executes and evaluates
* Represe ts the company in
contact
new plans andfor
informtion
expanding r
sales *
strategc meet ngs
a
n
Helps to increase sales and growth
i i
for the company
Gold and Silver Mining Casual Workers
* Liable for operating excavators and other machines in the gold and
silver mining
site
* Handles the miningof gold and silver

* Assist in loading and offloading of our gold and silver into and
out of the trucks
Accountant/Cashier

* Responsible for preparing financial


reports, budgets, and financial statements
for the organization

* Provides managements with financial analyses, development budgets,


and
accounting
projects; reports;
conducts arket analyzes
research financial
to
* Responsiblefor financialm
forecast trends nd bsiness cnditions.
forecasting
* Responsileand fo risks analysis.
developing and managing
*feasibility
Respfoor for the most complex proposed *
*fnancial systemswith
Ensures compliance and apolices
u o
adnminsisteirinbgpalyr
taxation lgislation
* Serves a internal
olels
Performs
auditor for cash
the management, general ledger
b r
organiation
accounting, and financial reporting
i i

e
* Handles all financial transactions for the organization
s z
Truck Drivers
* Assists in loading and d
unloaing* Maintains a logbookof their driving
regulatonsgold and the
governing siler
rest et
and al
work eriod
v
for operators
activities
safety to ensure compliance with federal
equipment i
+ Keeps a record of vehicle inspections and
p s .
make sure the truck is equipped with
* Inspects vehicles for mechanical
items and safety Issues and perform
preventative maintenance
* Complies with truck diving ules
r and regulation
r s i
(sze, weight, route
designations, parking, break periods etc.) as well
proced as with
company
ures policies and
* Reports defects, accidents or violations
Client Service Executive
* Ensures that all contacts with clients (e-mail, walk-In center, SMS
or phone)
provides theclient with a personalized customer service experience
highes
of the
t
build cliet's interest in the company’s
+ Through
level and interaction
poduct sevices with customers on the
manager uses
phone, in an effective and
every opportunity to * Manages
timey manner
n r s
administrative duties assigned by the
r
human resources and admin
l
* Consistently stays abreast of any new
information on the organizations’ products,
promotional campaigns etc. to ensure accurate and helpful
information is supplied to customers when they make
enquiries (answer customer queries
g i e
+ regardinour
Finds outgoldtheand slver or mining
business) customer's needs, recommend, select and help locate
the right
merchandise, describe a product's features and benefits.
* make suggestions and encourage p
purchase of roducts
6. SWOT Analy:

Due to our drive for excellence when it comes to running a


standard gold mining company, we were able to engage some of
the finest business consultants in the United States of
America to look through our business concept and together we
were able to critically examine the prospect of the business
and to assess ourselves to be sure we have what it takes to
run a standard gold mining business that can compete
favorably in the industry.

In view of that, we were able to take stock of our strengths,


our weakness, our opportunities and also the threats that we
are likely going to be exposed to In the United States of
America. Here Is a of what we got from the critically
conducted SWOT Analysis for TTK® Gold Mining Company;
+ Strength:
Our strength lies in the fact that we have stateof the art
gold and silver mining equipment and trucks that has
positioned us to meet the demandof our clients even If the
demand tripled over night.
Another factor that counts to our advantage Is the background of our Chief
Office;
e ha has robusti experencet ina the e
qualiication to match the experiece acquired whih hs placed
indusry
him amongstnd
Executive
thealso
to a
f prtty good academic
our teamflight
of hghlyplayers in nd the
qualiied gold
dedicate and
workersn will als seve asi strengh
c afo our
f
silver mining industry. We are not
a d o
p
ignoring the fact that organization.
r t r
* Weakness:
We do not take for granted the facts that we have weaknesses.
In fact, the reality that we are setting up a gold mining
company in the United States might pose a little challenge.
In essence our chosen location might be our weakness.

* Opportunit
The opportunities available to us are
companies and other manufactuin companies
the globe and all what we ae going tor do gto
that mak use of raw gold all acro
perec r
push our products to them is already
ted. f
unlimited, There are loads of jewelry
e
making * Threat:
ss.
The threat that is likely going to confront us is the fact
that we are competing with already established gold mining
companies in the United States and other countries of the
world. Of course, they will compete with us in winning over
the available market. Another threat that we are likely going
to face is unfavorable government policies and economic
downturn.

7. MARKET ANALYSIS

* Market Trends
Gold and silver mining Is a lucrative business in the United
States and Canada and in looking at the trends of these mega
countries over the course of gold’s bull, it is, apparent that
the results vary quite substantially; and China and Russia
that have experienced the biggest growth over this stretch.
China in particular has carved out an incredible growth story,
with Its production volume up a staggering 92 percent since
2001.

ugly ove theabout


Talking last the
decde or North
two so. incredibly,
American land
minin
oth thinfrastructures
UStheir
nd Canada
r were
ave ajust
sen decimated
output
giants,
curre gold-mining trends have been
b by
nt
the eseculr ber
a that preceded
h the e
fall by nearly a third to 2011's respective tallies of 237mt
bull g
and 110mt. Their mature gold-
a a

Up until the 1990s the US and Canada’s gold-mining industries


operated like well-oiled machines, with the miners
consistently putting forth sizeable capital towards
exploration and development. Exploration was successful In
renewing and growing the reserves that were being mined, and
continual expansion and new development sustained and even
grew production.
It is common trend in the gold and silver ore
companies
easily
mining haveline access to mines
of business and of
toloction
find course
mining
positionng this typebusiness
of usiness
in inlocations where
and youcommunities
w
cheap
havelabor
travel If you make the mitake of
positioning
uld
their
to make profits and maintain .
where they can i b
yur overhead
s ad logitics.
distance before you can access
a a o to
gold and silver mines, then you would have
o n s
a
to struggle

Also, another trend in this line of business is that most


registered and well organized mining companies look beyond the
market within their locations or state; they ensure that they
strike business deals with leading jewelry making companies in
the United States of America and other countries of the world.
The truh tIs that if as a gold miign company
n r
you ae able
or more
the world, to wll
become
jewelry
you a vendor
making
always giantsto in
one the United States of America
continue t smile oi the bank. o t
or in other countries of
8. Our Target Market
When it comes to supplying product from gold and silver mines, there Is
defined market. This goes to show that the
indeed
mining a well- Is fr reaching. In vie of
target compnis
market for products from gold
tht,in
are webusiness
have coducted our in
to engage marke
supply f
raw gold and a e to the
a
research and silver
we have following
ideas of what our
o
w a n t
target market would be expecting from us.
We organizations;

Jewelry production companies


Electronic components manufacturing
companies Art and culture companies
Gold and silver merchant
Our Competitive Advantage
Some of our competitive advantages are availability of resource,
productoni hen w appropriate and of course the
la
ability to vcomply with enironmental
As
ws a standard ad licensed gold ining company,
ability to forward sell
we
. knw tat gaininag comptitve
n m
edge requires a detailed analysis of the
o h e i
demographicsof the surrounding area and the
Hence ofwethewill
nature not competitors.
existing hesitate to And adopt sucessul
evenif you are
and orkable strategies fromcould
competitors our enter your market
successfulat first, new
at any time to steal your regular customers.
c f w competitors.

Another competitive advantage that we have Is the vast


experience of our management team; we have people on board who
understand how to grow a business from the scratch to becoming
a national phenomenon. Our large and robust distribution
network and of course our excellent customer service culture
will definitely count as a strong strength for the business.
Lastly, our employees will be well taken care of, and their welfare
package will be
among the best within our category in th inustry, meaning
hat they ill be more o i . e d
our ims and bjectves We will lso ive good
than willing to build the business with us and help
wokinga cnditios and comissiotno a g
t n w
deliver our set goals and achieve all
r o m s
freelance sales agents that we will recruit from time to time.

9. SALES AND MARKETING STRATEGY *


Sourcesof Income
TTK® Gold Mining Company will generate income by simply supplying the
following;
* Gold
*
Silver

10. Sales Forecast


One thing is certain when it comes to gold and silver
strategically positioned
mining, if your usiness is a nd ou
y have good
manufacturing
reltionship wihindustry,
payers inyou will always
te jeelr
b
a l h w
attract customers cum sales and that will
t
y
sure translate to increase in revenue generation for the business.

We are well positioned to take on the available market in and


around the United States of America and we are quite optimistic
that we will meet our set target of generating enough
profitsfrom thefirstsix monthsofoperationand grow the
businessand our clientelebase.

We have been able to critically examine the gold and silver ore mining
we have
line analyzed our chances in the industry
of business,
and we have been able to come up with
the following sales forecast. The sales
projections are based on information gathered
on the field and some assumptionsthat are peculiar to startups
in the United States of
America.

Below are the sales projections for TTK® Gold Mining Company,
it is based on the location of our business and other factors
as it relates to small scale and medium scale gold and silver
mining company startups in the United States of America;
* First Fiscal Year: $900,000
* Second Fiscal Year: $2
million © Third Fiscal
Year: $4.5 million
N.B: This projection was done based on what Is obtainable In
the industry and with the assumption that there won't be any
major economic meltdown and there won't be any major
competitor offering same product and customer care services as
we do within same location. Please note that the above
projection might be lower and at the same time it might be
higher.
* Marketing Strategy and Sales Strategy
Before choosing a location to start TTK® Gold Mining Company,
we conducted thorough market survey and feasibility studies
in order for us to penetrate the available market in the
United States of America. We have detailed information and
data that we were able to utilize to structure our business
to compete withother gold and silver mining companies.

of usiness to help We us bdeveop experts


mrketing who have
business goal of innng hired a larger
stratethgaiweilsl hel us ahiee our
percentageof the availabl market.
w i
sell
good or ra gold
understandingof the gold and silver
land silver;
a t p
e
ore mining line TTK® Gold Mining Company
c v u w
will adopt the following sales and marketing
approach to
* Introduce our business by sending introductory letters to
and other companies
production stakeholders in and arund
* th United on
Leverage States o America
the intenet to prmote o e f
+our
* Engage
List in business
our
product direct and products on yellow pages’ ads (local
cum business
marketing and sales r o
directories)
* Encourage the use of Word of mouth marketing (referrals)
11. Publicity and Advertising Strategy
Regardlessof the fact that our gold mining
we leading
company
will can
tillfavorably
go head to compete with other
intensify
mining companies in the United States of America and in
spubliciy
a for a our products t ndllbrnd. a
any part of the world,
a
TTK® Gold Mining Company has a long
the nUited Stateso f our
America and
o ther
deliberatey build
l of he brand
e istowhy
b well
counries world. This e will
accepted in Boise County ~ Idaho before
f the
term planof exporting our product all across
venturing out to other
t
word. t w o l
cities all across the United States of America and other countries

As a matter
products butof
tofact, our publicity
als efectively and
communicate
advertising strategy o not
Is f solely for
our brand. Here re the pltforms we
a
selling our intend leveraging on to promote and
a
advertise TTK® Gold Mining Company;
* Place adverts on both print (community
based newspapers and magazines) and
electronic media platforms
* Sponsor relevant community programs.
* Leverage on the internet and social media platforms like Instagram,
Facebook,
Twitter, et a to pr mote
our bran l o d
* Ensure that all our staff members wear our customized clothes,
and all our
official cars and distribution trucks are customized and well
branded.
12. Our Pricing Strategy
At TTK® Gold Minin Company e will wkeep the
average markt by gkeeping
oure rae our overhead
prices of products
t below the b
low and yfrom
constant
advance collectin
supply of -payment
well established Jewelry manufacturing companies
raw
g gold and insilver.
that would require

+ Payment Options
The payment policy adopted by TTK® Gold Mining Company Is all
inclusive because we are quite aware that different customers
prefer different payment options as it suits them but at the
same time, we will ensure that we abide by the financial rules
and regulationof the United States of America.
Here are the paymentoptions that TTK® Gold Mining Company
will make available to her clients;
+ Payment via e
bank
* transfr
Payment via online bank transfer
via check
+ Payment via bank draft

In view of the above, we have chosen banking platformsthat will enable


makeclients
our payment for our gold and silver without
any stress on their part. Our bank
account numbers will be made available on our website and promotional
materials.
13. Startup Expenditure (Budget)

detaiedlour
From udget omarket
how o achieve
survey ourand aimfeasibility
of
etalishig a sandard
b andf hghy t
studies, we have been able to come up
s b n t i
with a competitive gold mining company in the United States
l
of America and here are the key areas where we will spend our
startup capital on;
p
+ Legl exenses
The total feeorfor
obtaining lcenses and
registering
services (software,f P..S machines
ermts aas well asp he accountig
andbusiness
the other software) - $3,30.
in the United States of
i i t
America - $750. + Marketing
n
O
promotion expenses for the grand opening of
0
TTK® Gold Mining.
Company in the amount of $3,500 and as well as flyer printing
$0.04
(2,000 per copy)atfor the
flyers
* total
The cost fr hiring
amount of $3,580.
business o
consultnt a
* covrage
Insurance total- liability, workers’ compensation and property
at a(general
$2,500.
premium ~ ,400
Annu
casualty)
‘+m)Othre startup expenses icluding .
* deposits
The cost
sttioery forand
(500) payment
phone of
nd rent for a
utlity gold and silver ore mine -
($2,500).
$500,000
t al - (Per
$150,000
e - n
* The cost for acquiring gold and silver ore mine operating
a n $
a
license fee - $500,000
i
* Operational cost for the first 3 months (salaries of employees,
paymentsof bills
e )
* The cost for start-up inventory (gold and silver ore mining
equipment, trucks and
*+ The cst related
other of lunching
gold and silver mining devices) - $250,000
webste o- $600
Miscellaneous
a a i
5
We- would
$,000need an estimateof two million dollars ($2 million)
to successfully set up a standard and highly competitive gold
mining company in the United States of America.
Generating Startup Capital for TTK® Gold Mining Company
No matter how fantastic your business idea might be, if you
don’t have the required money to finance the business, the
business might not become a reality. Finance is a very
important factor when it comes to starting a gold and silver
mining business.
TTK® Gold Mining Company is a partnership business that Is
owned and financed by Tony Kenneth, Tyson Barker and Karis
Murphy. They do not intend to welcome any external business
partner which Is why they decided to restrict the sourcing of
startup capital to 3 major sources.
* Generate part of the startup capital from personal savings and
* Source fo rsoft loans from r i
* Applymembes
family for loan
and frends t
from he Bank
N.B: We have been able to generat about $500, 00 (Per onal savings $4 0, 000 an
sell of stocks
loan facility o $1.5 illion frm our ban. Al
siged andand
th papes submitted,
dcumentsthe
have loan has
been o beene
soft loanand
approved from family rom
any moment members $100,
now our
f m
n
k 0 s
000) and we are at the final stages of
l e r o
f
0 d
obtaining a account will be credited with the amount.

14. Sustainability and Expansion Strategy


The future ofa business lies in the number of loyal customers that they have the
capacity and competence of their employees, their investment
strategy and their business structure.If all of these factors are missing from a
business, then It won't be too long before the business close shop.

Oneof our major goals of starting TTK® Gold Mining Company is


that will survive ff its own cash flow without the need for injecti g financ from

f gaining approval and wnning customers over o

little bit
to build cheaper
a business external sources
thananwhat once inthe
Is aobtaiale
is to sppl
survive our
n lower raw old
profi
o are siver
the market and we well prepared to
margin for a while.
o t

business is officially running. We know


i u y
n b
n e
that one of the ways
g d l
TTK® Gold Mining Company will make sure that the right
foundation, structures and processes are put in place to
ensure that our staff welfare are well taken of. Our
company’s corporate culture Is designed to drive our business
to greater heights and training and retraining of our
workforce Is at the top burner.
As a matter of fact, profit-sharing a e i
managementstaff
arrngment
or more. We will
know beand itif
made
that will
thatbeis
avalble based
to on their performance for a
al in
put our
a
place, l
us buldwe
period ofwill
te be able
business
three to successfully hire
years
andur reams.
of
o
retain the best hands we can get in the
l h d
industry; they will be more committed to help
Check List/Milestone

* Business Name Availability Check: Completed


* Business Registration:
* Opening of Coporate
Completed r Bank
** Opening
Securing
ccounts: Point Money
Completed
Mobile of Sales (POS) Machines: Completed
A
*Accounts:
Application Completed
and Obtainig Tax Payers
* Opening
ID: Online Payment Platforms: Completed
In P ogress
n ' r
* Application for business license and permit to operate gold and
silver ore mines
in the Unite Stated of America: Completed
* Purchase o Insurance d
or the f
f n t
Busiess:
* LeasingCompleed
Conducting of Feasibility
a facility and renovating the facility as well: In
Studies:
Progress Completed
* Generating capital from family members: Completed
* Applications for Loan from the bank: In Progress
* Writing f usiness
* Drafting oof Employee's
B P
lan: Completed o
Handbook:
DraftingCmpleted
* Progre of Contract Documents and other relevant Legal
*Documents:
Design f he
ss In Company's
Logo: omleted
o C p
* Printing of Promotional Materials: In Progress
T
* Recruitment of employees: In Progress
Purchase
* of the needed gold and siler
mining furniture, racks, shelves, computers,
CCTV: In machines ad equipment,
* progress
Creating Official Websie fo
vthe Comany: In Prgres n
electronic
Progre appliances, office appliances and
ss
* Launching prty planing: In
Progress t r p
* Creating
stakeholder:
Awareness for the business both
In Prgres
o
online and around the community: In
s

* Health and Safety and Fire Safety Arrangement (License): Secured


a n
* Establishing business relationship with Jewelry production
companies and other
s o
* Purchase of tippers and delivery trucks: Completed
s

Naming a Business Write a Marketing Plan Register Business _Ralse Capital

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