Monday, December 2, 2013

Business Plan = description = industry and marketing analysis = strategy and plans






Sukkur Institute of Business Administration
Merit- Quality- Excellence


Business Plan

Al-Noor Computer Composing & e-Kiosks Centre

Name                             : Muhammad Mithal Panhwar
Program               : EDP-II
Contact no           : 0333-7123012
Email ID                : panhwar2005@gmail.com
Address                : Village Abdul Rehman Panhwar near Bypass Ice
     Factory Mirpur Mathelo District Ghotki Sindh

Submitted to        : Farooque Ahmed Memon























Company Descriptions

Our company is sole proprietorship based company. We will start our business related with the Information Technology and computerized services. Our company vision is to provide the facilities to easy access of the peoples of the area with government, non government, private industries and the institutions in the country and the outside of the country through internet.

 
We market our products / services to the students, younger’s and also elders , who have need of preparing  C.V , compose the notes, money transfer,  paying utility bills, print out the photocopies of their relevant papers and easy load the balance throughout the mobile networks services all over the Pakistan, verification of CNICs, driving license, arm license, passports etc.
Our services are very essential because day by day the ratio of younger’s, students increased and also all the facilities have been transferred to computerized systems in the world.
Over all, ratio of computerized system also increased and everything being a computerized.
We have the experienced persons to provide the facility at once who have needs it and there is no delay to the customers work. We can make easy process and provide easy services to the customers as well as we saved every persons bio-data who come  at our service / shop, as he/she come 2nd time he/she get easy access of  bio-data. We don’t need of her/ his bio-data again, we print out the C.V, or any other information he/she required. We fulfill the online application and money transfer in a minute and also pay the utility bills.
Our company achievements are the satisfaction of the customers of our services.


2.3    MARKETING ANALYSIS

2.3.1  Economics

Our company market is local area of Mirpur Mathelo city and the rural area of taluka Mirpur Mathelo (little villages and cities around the Mirpur Mathelo) after this whole District Ghotki because the Mirpur Mathelo is the District Head Quarter of District Ghotki. We have about 1/3 share of market of Mirpur Mathelo because our business in the mid city of Mirpur Mathelo at old market & sabzi mandi. There are many public schools near our location like as by named Modern Public Higher Secondary School, Cambridge Public Higher Secondary School, Atchison Public High School, Islamia Public School, Bhitai Public School, Shah Latif Public High School and other government & private Schools. Our business location is the interface of the city Mirpur Mathelo that is linked with Ice factory bypass bus stop Mirpur Mathelo. Outsider peoples left the conveyance at bypass and enter in the city by this root. There is a big demand of this business like our business computer composing, e-kiosks centre, money transfer, printing machine and easy load centre. This is a new business at this point of location but it will be grow up fastest through promotion and advertising the business products/services. The customers will move to this easy access point and enjoying it. Insha-Allah this business will be developed very soon like a rising star. There are many opportunities to grow up at this point; there is no any other company to facilitate the peoples like us near this location. There is no any direct competitor at this location, there are many indirect competitor like easy load shops only. There is no any business to money transfer, photo copier machine, computer composer at this venue. There are some difficulties to avail the place at this point to start the business because all the shops are booked already for some other business and offices. We have finance problem also to start the business. There is low marketing cost; this point is also promoted by itself because it is the interface point of city Mirpur Mathelo. It is the need of people to start up business at this point. Peoples have to go away for these facilities from this mid city to another point of city. The customers will come easily to our new business and slowly they trust and come & go with us. There is no matter to meet trained and skilled persons to our business. We shall purchase the latest products to provide services to customers of our business. We shall arrange the office at the main point as we have imaged. There is no high cost for production. Finance will be arranged / taken from the suppliers, friends, market on interest and the banks to start the business. We shall advertise our business through cable and other resources as we fit for our business.  We shall arrange the latest technological computers, photo copier machine, printer, scanner etc to provide the services to customer easily.

2.3.1    Products and / or Services

At this place there is a more need of such business as computer composing, photo copier machine and e-kiosk service. We compose our C.V, applications, online application and other computer paper work and to print it. We also need of photo copier machine in our local are. It is a big benefit for us as our time will be saved to go away for such services. Money transfer is a best service, easy load service, verification of CNIC, Armed license, driving license and passport services are best for us. These services are best for us in our local area as we reach there smoothly and easily. Our services are very essential in the global and technological world for the local peoples of the area. Through these services it is very easy to reach the one end to another end. We will save the data of peoples as it don’t require again when the customer will come again to our business its problems solved in-future without wastage of time. Our services are depending upon the best behavior of our skilled and experienced human resources whose deliver the services to the customers.

Our company services listed below

C.V                    per page
Full page           per page
Photo copy        per page
CNIC, Passport, Arm & Driving license verification
Utilities bills (NADRA kiosk)
Easy load     (all companies)
Easy paisa (HBL, Mobicash, Telenor)
Online application
Other internet services like results and news etc




2.3.2    Customers

Our business customers are the young generation including the students, graduates; post graduates whose are seeking the jobs at any part of country by sending their C.V & online applications. They photo copy the documents and attach with the applications, admission forms. Our customer is every person who uses the mobile phone, paid the utility bills; need to verify the CNIC, Passport, Driving license & armed license, to transfer the money to their relatives or for business matter, have to easy load balance in his cell, have to need the every kind of prepaid cards. Our customers are both male and female whose reside near our business or come at our business because these services are the need of all kind of peoples of the area. Our services are not costly from others it is easy to meet the need of peoples without any loss. Our services are based on the latest and modern machines/equipments of the company.

2.3.3    Competition and competitive analysis

Competition

There are two direct competitors before our business named 1st is Computer World near Mukhtiarkar office Mirpur Mathelo and 2nd one is the Mehran computers at old bus stand Mirpur Mathelo. Both are away from our business point, 1st is left side about 500 meters and 2nd is right side about 600 meters far. Our location will be as a triangle size. Both competitors are not in one row neither in one entrance but both have different entrance and angles of city Mirpur Mathelo. Some other persons were started business besides my competitors offices but they failed due to shortage of services and unskilled persons and bad behavior with customers. There are many other indirect competitors whose provide the utility bills paid service or easy load balance to mobiles only. Even every business has different business. Kiran Electronics deals with the service of utility bills paid, easy load balance and mobile cards only. We have learned that establish the business at different and another place of city where no any other is direct competitor. If we establish the business before any already running business that we may have about all services to meet the people requirements and have skilled and best behavior human staff with modern technology that provide the services to customers. We have advantage of mid place of the city and fair price of services and low cost of advertising. Our business point is the easy and reachable place to the peoples in every time. We have more advantage that we provide the about all the modern/technological services/facilities to peoples at one place. Our new business disadvantage is that we are new in this business and shall advertise it and remain honest with our business and don’t think to move elsewhere. We will convert these disadvantages into advantages with our honesty, hardworking, good thinking and our well & best services of the company to peoples who come at our business.

 



COMPETITIVE ANALYSIS

Factors:-

Products

Our business is related with services only and our services may easily be availed by everybody which may be changed the environment.

Price:
Our services charges depend upon the base of service as the customer needs it and some charges also paid by the company to our company not by the customers directly.

Quality:
The purpose of starting the venture is to provide the quality services to the customers and also facilitate the customers to meet their needs. This is our core responsibility to maintain the quality.

Services:
Our company will provide the set of services to students, younger’s, elders and internet users to attract the market and achieving the gap services in the area.

Expertise:
The company core competency lies on the excellent services to customers whose come to our venture.

Location:
Our company location is old market Mirpur Mathelo. This area is hub of the city.

Appearance:
Our business office will be well furnished and hanged out the sigh board outside the office premises.

Sales Method:
Our services will be sold on the demand of the customer on cash.

Credit Policies:
There is no any credit on our services; all services will be provided on cash.

Advertising:
We shall advertise our services through cables and the services are also promotion of our business.

Importance to customers:
There are the importance of the customers is quality services and easy facilitate them at the moment.




2.3.4    Niche

At our business point old market Mirpur Mathelo we can easily establish our business. Our business location is the best and suitable place of the market where we can grow the business shortly and will not suffer from any trouble to cover the market. This location is itself promoted and advertised because it is the mid, main and interface point of the city. We shall save every data of every customer as we don’t need to cover / write that customers data again. It is best to us to save the biodata & information of the students/peoples, if any customer call to provide the service according to his bio-data we can provide him service at its doorstep without any wastage of time.

3. Strategy and Plans
Our business will be forever and whole city will be covered in due time. All customers will see to our business and success. Our business will run with quality services to customers. We need some skilled persons to work in office; we need assets as computer, photo copier machine, printer, skinner, inventory, furniture & fixture, internet facility, mobiles for easy paisa and easy load and other utilities services. We need some portion of finance and good relation with customers. There is no any other environment affect our business except competitors. Our business will be sole proprietorship and all decisions will be taken by owner.

3.1 Overall strategy
We shall start business in the mid city  and purchased furniture & fixture, office equipments from market on cash and credit and run the business with promotion as best qualities of services.

3.1.1 Strategy Elements
Our business relies on quality services, affordable price, customer satisfaction and no compromise on quality.

3.1.2 Goals & Objectives
Our business should be on top position and be highly renowned in the market. Our company objects are the quality services on affordable prices as customer come back again for another service to us. All people of the area may come to our business for  best services. We shall try to satisfy our customers with our services as they themselves promote our business services in the market.

3.1.3 Tactics
Our company will be focused on quality services and affordable price as the customer satisfied and also business will be promoted with reliable resources like cable and other ways.

3.1.5 Value Proposition
Our business will enjoy the customer satisfaction and save the valuable time of customer.


3.1.6 Competitive Edge
Our business location is mid area of the city and it is the interface of city and affordable prices of services will be charge from the customer on quality service.

3.2 Marketing Strategy
Our company internet and computerized services will be depending on quality and affordable prices, every person is our company customer. Our company will be promoted by cables, internet, by customer’s word and inside & outside look of the company and office location.

5.4.1  Positioning
Computer composing & e-kiosks centre is our business and named as AL-NOOR Computer composing & e-kiosks centre. It is a services based business. Our services will be depending on quality and affordable prices, every person is our company customer. Satisfied customer will be best promoter of our company. It is also advertised by the internet, cable, brochures in the market.

5.4.2 Pricing Strategy

S.no:
Product
Service charges Price
RS.
Competitors
Price RS.
Discounted
price

1
C.V                    per page
15
15
-
2
Full page           per page
20
20
-
3
Photo copy        per page
3
3
-
4
CNIC, Passport, Arm & Driving license verification
100
100
-
5
Utilities bills (NADRA kiosk)
As per company  rate
As per company  rate
-
6
Easy load     (all companies)
As per company  rate
As per company  rate
-
7
Easy paisa (HBL, Mobicash, Telenor)
As per company  rate
As per company  rate
-
8
Online application
50
50
-
9
Other internet services or results and news  etc
20
20
-

Our company service charges will be in cash and there is no credit to customers. We shall try to satisfy the customers need as he want and demand. There is a same price of all services in respect of competitors because the every customer is not rich to bear it.

5.4.3 Promotion Strategy

As we start we shall advertise our business through cable, internet, social media, FM radio, brochures, logo design and visiting cards and also with best and quality services to customers. There is no high cost of advertising except FM Radio of the area. It will be promoted through family, friends and mouth words to peoples. Customer sees to us with apple eye and don’t go to another competitor of our business. Our company will be promoted by inside and outside look of the office as affixed outside the sign board prepared with technological. We shall save the bio data of the customers as we contact them as he come again for another service or we message forward him to get such facility from our business through wishing message. We shall spend money as it needed the promotion time to time.

5.4.4 Company Location

Our company will be located at mid city and main area of city @ old market MIRPUR MATHELO. It is opened 24/7. There are some shops available in big size as we set interior side good looking. There is no any security risk, customer feel comfortable and easy to avail the services at any time at this point. This is a good place for our business. There is parking space and easy to access place. The customers will like our business at this point if the business may be started here. Our competitors are located at various points but not near our business. There is little threat not a big threat at this venue due to indirect competition, now a day all competitors have advantage of this blank space of the area. If it is filled, the same will be tough time to existing business holders and direct competitors or indirect competitors.

5.4.5 Distribution Strategy

Our business services will be provided directly to customers in cash within office premises and by web or on call orders as the customer fit to it.

5.4.6 Marketing Programs

All the promotions and pricing decisions will be done by management in the market through our pricing, positioning, location and promotion strategies.








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