Entrepreneurship project   Kamran Ahmed  Farheen Akhtar  Alveena Batool  Sufyan Zamir  Kashif Mehmood Group members:

Slides:



Advertisements
Similar presentations
Topic 2 :: Business Strategies Mrs. Schroeder
Advertisements

BUSINESS PLAN Guide Questions 1. What is the nature of the project? 2. What are the entrepreneur's competencies and qualifications? 3. What are the project's.
Read to Learn The four main ways to become a business owner and the advantages and disadvantages of each The different forms of legal business ownership.
Your Team Members’ Names Here.  Briefly describe the type of business you plan to start  Mission Statement.
The Working Business Plan Presenters: Mark Scharlau – Western Region Vice President Justin Scharlau – Harrisburg Branch Manager.
Unit 4: Utilizing Financial Documents
The Reality of the Struggle to Align the Business with I.T. Rosana F. Chaidez Large Company Technology Networking Conference June 17th – 18th, 2008.
Preparing a Business Plan SET YOURSELF APART FROM THE CROWD.
North Carolina A&T State University International Trade Center Growing Your Business.
Identify and Meet a Market Need
So you want to be a farmers’ market vendor?. Benefits of Farmers’ Markets Incubator and testing ground: “test the waters” to see how popular products.
Business plan competition for young entrepreneurs Guide presentation Adnan Hagoog.
Financial Aspects of a Business Plan
NextEnd. Preparation of Business Plan for Setting up Enterprise Business Plan.. The business plan is a written document prepared by the entrepreneur that.
Cash Flow. Introducing the Topic Asian Glasses – Page 493 Read the case study and answer the questions we will discuss shortly.
Credit Fundamentals 18-1.
Be able to plan e-commerce strategies. Hosting When setting up an e-commerce site, there are two issues of hosting which need to be decided - who will.
Tutor2u ™ GCSE Business Studies Revision Presentations 2004 Budgets & Business Planning.
The company was founded by a group of students, which is responsible for the production of special shoes with interchangeable soles. Shoes will be produced,
BUSINESS 1. Types of Business Small business International Public sector Multinational National Secondary Private sector Voluntary Tertiary Primary Goods.
Entrepreneurship: Ideas in Action © Cengage Learning/South-Western ChapterChapter Plan and Track Your Finances 9.1 Finance Your Business 9.2 Pro Forma.
Small Business Loans Kim Pope, Vice President, Regional Manager Business Banking Group.
SBSA SMEs Seminar Take-off or Finance Phase 6 Months Survival or Cash-flow Phase Start-up Phase The different stages of business Years2.
Being a Business Owner Section 4.2.
Business Final Steps First Steps Research your Market Research your Business Set up your Business You and your People Financial Projections Fund your Business.
Section 36.2 Financial Aspects of a Business Plan
FINANCIAL STATEMENTS. Why Use Financial Statements? Investors and bankers Investors and bankers Suppliers and creditors Suppliers and creditors You and.
Business Plans For The Real World. Why a Business Plan? Strategic Guide Lenders Investors.
ENTREPRENEURSHIP Lecture No: 26 BY CH. SHAHZAD ANSAR.
ENTREPRENEURSHIP Lecture No: 15 Resource Person: Malik Jawad Saboor Assistant Professor Department of Management Sciences COMSATS Institute of Information.
How to Finance Your Business Start-Up Aizhan Tursunbayeva
Service Challenge an exploration of business This computer simulation gives you and the others: an opportunity to manage a “real” business for several.
Putting the Pieces Together Developing an Effective Business Plan.
Cash Flow (Pro Forma statement)
Major Parts in a Business Plan
To start a new business, buy an existing business, or buy a Franchise
By: Arun Nadar Gururaj Rajni Roushelle Marta Mehtab.
1 CHAPTER 6 THE INCOME STATEMENT: ITS CONTENT AND USE.
SOCIAL BUSINESS PLAN. SOCIAL BUSINESS  Social enterprise is a business that trades for a social purpose. The social aims of the business are of equal.
3.6 Ratio Analysis Chapter 23 – Part 2.
Assoc. Prof. Dr. Nik Maheran Nik Muhammad, (CFP, CITM, IBBM)
Mihhail Tsistjakov СEO KiirAutoLaen Invest IN OÜ.
A business plan outlines the objectives of the business and summarizes the strategies and resources needed to achieve these objectives. A well-prepared.
GROUP 1 ALEX BURGESS MIKE MAGETO SAMSON ODOK MICHELLE BECKFORD MARCO MALAGON LUIS SANTIAGO That Was Fast! Inc.
Costing & Pricing Successful social enterprise. The difference between cost and value the cost of your product or service is the amount you spend to produce.
IB Business and Management
Business Idea The business idea we propose is to create a lift sharing service in the Brighton region.
 EVOLUTION PROJECT REPORT PROJECT PROFILE PRE INVESTMENT STUDIES TECHNO ECONOMIC FEASIBILITY STUDIES PROJECT REPORT DETAILED PROJECT REPORT.
Unit 3.5 Final Accounts. Financial Statements ▫Profit and Loss account ▫Balance sheet ▫Cash Flow statement Financial Accounting Management Accounting.
Shareholders of the bank Licenses and certificates Joint-Stock Commercial “Aloqabank” was founded under the Resolution of the Cabinet of Ministers of the.
Why Businesses Fail Can Name a Local Business that Failed for the Reasons Given? Record them. Lack of money Lack of business experience Poor management.
Chapter 36 Financing the Business Section 36.1 Preparing Financial Documents Section 36.2 Financial Aspect of a Business Plan Section 36.1 Preparing Financial.
ENTREPRENEURSHIP SABIR MALIK LECTURE 07. The Marketing Plan.
Sports and Entertainment Marketing 2.01 Explain the concept of marketing.
A Brief Introduction Radiant Pay, a global provider of payment processing services to all kinds of business, Radiant Pay Services.
Entrepreneurship.
Implement expense-control strategies
Unit 4: Utilizing Financial Documents
Unit 5.1 Utilizing Financial Documents
Abdullah Al-Shukaili MANGT100 Fall 2016
Implement expense-control strategies
Your Team Members’ Names Here
Implement expense-control strategies
Performed by: Barannyk Vladyslav, year of study___2____group_MEB-17м-а
Unit 4: Utilizing Financial Documents
Using QuickBooks Pro for Accounting 2008 Glenn Owen
Ch. 8 Utilizing Financial Documents
Entrepreneurship and Small Business Management
Your Team Members’ Names Here
Presentation transcript:

Entrepreneurship project

  Kamran Ahmed  Farheen Akhtar  Alveena Batool  Sufyan Zamir  Kashif Mehmood Group members:

  Different theme from public cab services  Females need safe mode of transportation  It’s a dial-a-cab service  Female drivers  Trained staff Idea

  Current situation of crimes  Female safety concerns  Services available in other countries Source Of Inspiration

  Lots of working women in twin cities  Skills and education  Employment  Impact on environment  Headquarter location  Branch location Industry and business profile

 “Our mission is to provide reliable, timely and safe cab service for women, by women”

 Business Strategy  Pink ladies dial-a-cab service's marketing/sales strategy will be two prolonged.  Families/individuals.  Business travelers

 Sales Strategy  Pink ladies dial-a-cab service will have a different strategy for each group.  For the individuals, pink ladies dial-a-cab service will use contacts through membership associations and clubs to build customers.

 Cont…  Business travelers: Pink ladies dial-a-cab service will be contacting the travel department of many of the different companies in Islamabad a lot of employees traveling and informing them about our service and offering them an introductory discount.

 “Doing business without advertising is like winking at a girl in the dark. You know what you are doing but nobody else does.”

 Marketing Strategy  Marketing Programs  Pink ladies Dial-a-cab service plans to communicate through:  Newspaper  Website  Word of Mouth  Radio  Television  Local Magazines  Social Media

 Cont…  Trade shows  Print advertising  The key message associated with our products and services is cleaner, efficient, flexible, and convenient taxi cabs.

  As such there are no direct competitors of ‘Pink Ladies Dial-a-Cab service’  No one is providing cab service for women only and that too by women only Competitor Analysis

  There are few cab services in Islamabad that could be our competitors  We have to attract female customers from those competitors  Few large competitors are:  Metro cab service  Islamabad radio cab  Taxi service Islamabad Competitors

  Company's management philosophy is based on responsibility and mutual respect  Pink cab service has an environment and structure that encourages:  Productivity and  Respect for all Management Team

  The Pink cab service team is organized into two groups  Pink ladies team  Maintenance and repair services Management Team

  An incentive system for encouraging good employees  Incentive system will reward drivers and employees when:  The company receives positive feedback about the drivers  The customer is turned into a repeat customer  The driver develops new customers  The driver acts in manners that are team based instead of for individual gain Rewarding Employees

  The purpose of providing cab service for females only is to:  Ensure acknowledgeable friendly service for females  Provide a comfortable environment and  Sense of complete security and reliability to female customers Cont…

 Investment Expense Amount Cabs 20,000,000 Office Expenses 1,000,000 Total 21,000,000

 Expense Sheet Salaries ExpensePer/month Drivers(60) Technical staff(5) Executive (5) Total QtyPer/year Insurance Expense Total Amount Marketing Expense (per Year ) 1,000,000 Total Expense 16,400,000

 Pricing

 Expense & Revenue Sheet Expense Per Month Total Km Per Km 20 Total Revenue Per Month Total Km Per Km 30 Total

 MonthExpenseRevenueCash Flow 1 2,433, ,216, ,433, ,216, ,433, ,216, ,433, ,216, ,433, ,216, ,433, ,216, ,433, ,216, ,433, ,216, ,433, ,216, ,433, ,216, ,433, ,216, ,433, ,216,667 Year Profit14,600,000 Cash Flows

 PBP InvestmentRevenueCumulative 1 21,000,0001,216,667-19,783, ,000,0001,216,667-18,566, ,000,0001,216,667-17,350, ,000,0001,216,667-16,133, ,000,0001,216,667-14,916, ,000,0001,216,667-13,700, ,000,0001,216,667-12,483, ,000,0001,216,667-11,266, ,000,0001,216,667-10,050, ,000,0001,216,667-8,833, ,000,0001,216,667-7,616, ,000,0001,216,667-6,400, ,000,0001,216,667-5,183, ,000,0001,216,667-3,966, ,000,0001,216,667-2,750, ,000,0001,216,667-1,533, ,000,0001,216, , ,000,0001,216,667900, ,000,0001,216,6672,116,667 Years PBP

 Return on Investment

 Financial Projections:  ROI = 70 %  Break Even Volume = 2.1 Million Km  Break Even Period = Years  Pay Back Period = 1 Year, 5 Months and 10 Days Amount of Loan:  Total loan which we require to make this business plan feasible is Rs 21 Million/-. In which we need 20 Million for buying the Pink cabs and rest 1 Million for developing an office at Islamabad. Loan of Investment Proposal

 Purpose of Loan:  We got this loan to buy the cabs and the office equipment. For implementing this business plan, we need financing and our business plan is very powerful. Loan Repayment Plan:  As bank interest rate is providing loan at a 15% interest rate. We will repay it in the period of two years. Inventory of Collateral:  The loan which we’ll get from the bank is for the purpose of developing office and purchasing of cabs.  So, the assets which we purchased are used as collateral for the bank till the payment of loan. Loan of Investment Proposal

  Operational feasibility is a measure of how well a proposed system solves the problems, and takes advantage of the opportunities.  We evaluate our interactive media system from three points of view:  acceptability as a public media, how much attention the public pays to it  its understandability as an advertising media, which proved to be success full in all terms of operation viability. Plan of Operations