Opportunities to improve international business prospects
COMPANY Names executive management has decided to open a new manufacturing and distribution center in Singapore. Our grand-opening date is scheduled for January 5, 2005. Our aim is to successfully manufacture, market, and sell our flagship product, WIDGET-X to Singapores population. Our target net sales goals for 2005, 2006, and 2007 are $2.0 MM, $4.0 MM, and $6.0 MM respectively. This memo provides an overview of Singapore and our evaluation of the economic potential associated with this expansion.
