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By: Tim Kubetz.  Started bait making as a hobby 6 years ago  Founded Wildlands Precision Bait Co. with a three fold purpose 1. To become more skilled.

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Presentation on theme: "By: Tim Kubetz.  Started bait making as a hobby 6 years ago  Founded Wildlands Precision Bait Co. with a three fold purpose 1. To become more skilled."— Presentation transcript:

1 By: Tim Kubetz

2  Started bait making as a hobby 6 years ago  Founded Wildlands Precision Bait Co. with a three fold purpose 1. To become more skilled in the craft while teaching others 2. To gain insight and experience in running a business 3. To raise money to fund future projects at Wildlands

3  Tim Kubetz: Co-founder, Production Overseer and Painting and Finishing Technician  Dan Wiersgalla: Co-founder, Hardware installation and lure assembly  Alex Gajewsky: Lathe operator and Carving Technician

4  Necessary to see if business will be profitable  Contains three main sections

5  This section contains your purpose statement

6  To raise money for our school by manufacturing and selling top quality, hand crafted fishing lures.

7  Outlines all the main facts about the business and how it will operate  Contains four parts: 1. Description of business 2. Marketing 3. Operating Procedure 4. Personnel

8  Tells you whether your business will profit or not  Includes: Capital spending list Breakeven analysis Profit projections

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11  Started first baits on Oct. 12  Lures are produced in “assembly line” fashion  Initial batch was 34 lures. Finished on Jan 10.

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16 Motorized Drying Wheel

17 Darth Vadar

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19 The POP-arrazi!!!

20 Available in four color patterns Copy Cat: Baby Bass: Citrus Shad: Feelin’ Froggy:

21 The Disco Dog

22 Available in three color patterns Baby Bass: Copy Cat: Tablerock Shad:

23 The Tweeder

24 Available in three color patterns Fire tiger: Baby Bass: Copy Cat:

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26  In order to insure profit Projected price of materials was $1.40 per bait Labor is donated and thus no expense  Based on competitor prices Cost of equivalent factory lures $5-18 Cost of hand crafted lures $10-50  All WPB Co. models cost $9 each

27 1. To friends and acquaintances (face to face sales) 2. Tackle Stores 3. Swap meet at the WBFN Representatives meeting

28  Sold 9 lures  Raised $87 to donate to the schools project fund

29  Streamline production work for more efficiency  Get our baits into tackle shops to sell  Continue with some of the current models but also experiment with other styles.

30 Imagine this: Your walking down the aisles at Bass Pro Shops, just drooling at all the lures and wishing you could by all of them. All of a sudden a familiar sight catches the eye. It’s a Wildlands Bait Co. logo. WPB Co. has made the big time!


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