Sometimes people use the term business plan when they are referring to a project. Some projects are very substantial and equate to an autonomous independent business activity, in which case a business plan is entirely appropriate. Business planning terminology can be confusing because much of it is used very loosely, and can mean different things. Here is a way to understand it better:
Our success is built on a strong foundation of values. From a commitment to our employees to unwavering integrity with our customers, we believe people are our most valuable asset. Our Core Values We do what we say we will doOur promise is our word.
We act on every level with integrity and we honor our commitments to our customers, and each other. We are passionate about serving our customers and each other. YOU matterWe value you and truly believe that each person at McGrath RentCorp has great things to contribute and that you are the key to our success.
Your enthusiasm and commitment are instrumental to providing an exceptional experience for our customers.
Our personal best is put forth in everything we doWe give it our all. We go above and beyond whenever we can and expect excellence in each other.
To lead in our markets we adapt, renew, innovateWe pay close attention to our markets and make choices that support long-term growth.
We aim to lead. From the ground up, we embrace the need to change in order to adapt to the challenges at hand. EQ is as important as IQ Emotional intelligence, or EQ, is a crucial element in working in a collaborative team environment.
Excellent interpersonal skills combined with a bright, inquisitive, "can-do" attitude equal career success at McGrath RentCorp. We value getting it right vs.
We do this respectfully and with the aspiration to solve a problem. We also are not afraid to push hard on the ideas and opinions of others in order to make them better. Relationships are built with open, honest, and direct communication Sometimes the real facts of business performance can be brutal.
We challenge ourselves to navigate through this with open, honest, and direct communication. Over the long term, this maximizes both resources and time, and builds high trust with those involved.
We call this "courageous conversation.
Continuous improvements and incremental gains, no matter the size, are like pushes on the flywheel and this creates great momentum in our business. Corporate Social Responsibility - We Care Responsibility At McGrath RentCorp, we believe that effectiveness and ethics go hand in hand and that the best way to be a healthy company is to help build a strong society.
From our commitment to environmentally sustainable building construction to our many local community programs, we strive to put our values into practice and empower our employees to act for the greater good.
Ethical Values We are committed to maintaining the highest standard of business ethics in all our practices and relationships. Our goal is to achieve competitive advantages fairly and honestly, through superior products, service, and performance rather than through unethical or illegal business practices.
Our employees are bound by a code of business conduct that extends the highest possible degree of respect and integrity to our customers, vendors, and partners.
Among other things, this dedication includes the swift resolution of conflicts of interest, the preservation of confidential business data and the barring of unfair competitive contract bid practices. McGrath RentCorp is firmly committed to providing equal opportunity in all aspects of employment, and actively prohibits unlawful discrimination on the basis of race, color, religion, sex, pregnancy, age, national origin, disability, veteran status, sexual orientation, marital status or any other factor prohibited by law.
Sustainability Wherever possible, the products, services, and practices of McGrath RentCorp companies are designed to promote the goals of environmental stewardship and sustainability. From our corporate recycling program to our policy of printing marketing collateral on recycled paper, we continually search for new and innovative ways to shrink our ecological footprint.
Through our Mobile Modular division, our modular space solutions incorporate many of the most respected sustainability design features available today, including: High-efficiency HVAC and energy systems. Recycled and recyclable construction materials.
Wherever possible, our modular building products rely upon recycled building materials, as well as construction components that can be further recycled once the buildings are no longer in service.
Efficient land use features. Designed to sit low to the ground and to be side-by-side stackable, our modular buildings are designed to make optimal and responsible use of limited available land, which reduces the need to clear larger lots for building placements. Our relocatable work spaces are designed and fabricated to provide faithful, efficient service over long product lifespans.
Many of our building systems are built to last for decades. Our TRS-RenTelco division, in its daily business of supplying electronic test equipment solutions, has incorporated several innovative sustainability programs into its regular operations, including: In addition to recycling all of its cardboard, batteries and unserviceable electronic waste, TRS-RenTelco participates in a sustainability program that includes recovering and recycling all materials used to pack delicate electronics.
Custom-molded Instapak foam inserts are used for all component shipping, and when recovered from the customer, these inserts are then recycled for energy production use in municipal power plants.
Significantly reducing waste, these programs have also dramatically reduced power consumption throughout TRS-RenTelco operations.Developing A Business Plan. Overview. The importance of planning should never be overlooked. For a business to be successful and profitable, the owners and the managing directors must have a clear understanding of the firm's customers, strengths and competition.
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Introduction ABC Corporation is formed to help meet the growing demand for unique homes in the Sacramento area of northern California. Jun 26, · There are plenty of other company-specific reasons to create a business continuity plan, but these four are near the top for every business.
If you think hard enough, you can probably come up with. Canadian Business for Social Responsibility (CBSR) is a professional association for forward thinking companies and business leaders across many sectors and .
In order to develop the overhead expenses for the expense table used in this portion of the business plan, you need to multiply the number of employees by the expenses associated with each employee.