ts to exist. I say this because, the business itself seems to be substantially flourishing, and of course the Forest Discovery Center has been built, and is being funded by some means of income. Since Koetter Woodworking is, basically, a mill, one can easily say they innovate by default. They turn trees into beautiful doors, trims, and moldings, basically anything that can be done with wood. Every product is the result of innovation, and new combinations are always the outcome. Also, it requires a substantial amount of money in order for a firm or company to expand, which in Koetter’s case, must come primarily from profits since it is a non-stock venture. They disclosed themselves that they finance through banks and internal cash flow, with a 10-12% expected yearly growth. Koetter Woodworking currently consists of three plants (Starlight, IN, Jeffersonville, IN, and Somerset, KY). They currently have approximately four hundred seventy employees, with five outside and ten inside sales reps.As far as recommendations on improving in any fundamental area, it is difficult for me as an amateur on the subject; yet, I see the company from a non-bias, non-partial perspective. Currently, Koetter Woodworking is on a constant pace of upgrading, by developing a high-tech communications system. They are trying to put better performance measures to the test. However, they do not market their products in a direct fashion. They sell their products to lumberyards and cabinet-makers. I believe they should sell their products to hardware stores and the alike. By marketing their products, their name may one day become a household name throughout the state, the country, and eventually even on a global scale. In conclusion, one can understand that a career as an entrepreneur is an opportunity of self-employment and self-reliance, where a confident and qualified individual can venture out to be a master of him and his life. It is a field w...
