business plan1-buying
TRANSCRIPT
Electronic Component Shop at UET Lahore
AddressM.Umar Buzdar, 2011-EE-55, Room # 194 , Liaquat Hall UET Hostel Lahore
Phone no: Email: 03236729823 [email protected]
How to buy from us?
Its simple and easy.Just pick up your phone and text us your required components along with name and Reg# and get them in 24 hours within university ( Room No.194 ,Liaquat Hall UET Lahore we will provide components to female customers in project lab EE Deptt.)
Join us on Face bookhttp://www.facebook.com/ECSUET15
Key PeopleMuhammad Umar 2011-EE-55Address: Shamasabad Tehsil Taunsa DG Khan
Phone no. 03236729823
Muhammad Umair Khan 2011-EE-51Address: Peoples Colony no.2 Faisalabad
Phone no. 03009464135
Muhammad Azam Munir 2011-EE-44Address: Pakistan Mint Baghbanpura Lahore
Phone no. 03454335629
Hafiz Muhammad Awais 2011-EE-47Address: Mughalpura Lahore
Phone no. 03234527808
Sarmad Rasheed 2011-EE-50Address: Gaziabad Lahore
Phone no. 03334227854
Products and Services
Resistors Capacitors Inductors Diodes Transistors LEDs Jumper Wires
ICs (Logic Gates, Voltage Regulators etc) BreadBoards, Veroboards, PCBs Connectors Thyristors Switches Opt couplers many more…
Customer Problem That We Solve
We Understand the Language of
Electrical Engineering Students,
Engineers, Researchers a
nd
Industrialists
.
Vision Statement
“EE components Traders” has vision to build a place where customer can come to find and discover any component related to electrical field they might want to buy; to establish a healthy relationship with students, engineers, researchers and industrialists.
Mission Statement
“EE components Traders” has mission to provide the best and cheapest engineering components to the engineers and industries by identifying the cheapest source from the market and verifying the quality of each component, thus promoting research projects both among universities and industries.
Business and Industry ProfileStage of growth:• Initial stage• Initial growth is slow• Once it expands at industry level it will grow exponentially.
Company goals and objectives:
Operational• First step is at university level trading.• To promote it up to engineer's level who are doing small projects
Financial• Start with our saved pocket money.• Adequate profit but large no. of customers.• At industry level trading, it can take investment risk.
Business StrategySWOT Analysis
Strength WeaknessesAll core persons are electrical engineers and they understand this field very well.
Inexperience core committee members. CEO, Managers etc.
Company can progress rapidly due to highly efficient struggler and intelligent core members.
Many well establish markets like Hall road, Hafeez center, Rex city etc.
Opportunities Threats
Business StrategyBusiness Strategy
CompetitiveAdvantage
Focus Remarks
Cost Leadership
Low Cost Broad • Operation efficiencies• Minimize overheads • Quality comparable with competitor
Differentiation
Uniqueness Broad • Uniqueness based on quality, service, product design, brand image• Customer ready to pay premium price
Focus Uniqueness Broad • Quality superior than competitors
Marketing StrategyTarget Market Size and Trends:
Universities, Industries, Research Labs and online bookings.
Advertising and Promotion:Website based like Facebook pages etc., Flex boards in popular
markets, Television commercials. In this regard our first practical business venture is ECSUET which will provide components to UET students.
www.facebook.com/ECSUET15www.ECSUET.blogspot.com
www.facebook.com/eec.tradingwww.eectrading.com
Cost Structure: Variable cost structure Start with 50,000 budget. Exponential increase in sale so in budget by trading with small technology
based companies.
Location and LayoutCustomer Type Location
Students UniversitiesEngineers Industry
Researcher Research LabsTechnicians Local Shops
Layout:• Offices for CEO, GM etc. and all management work.• Store for product stock.• Vehicles for services for intra-city costumers.• Courier services
Competitor AnalysisExisting Competitors:
• Hall Road• Hafeez Center• Rex City Plaza • Kachehri Bazar etc.
Potential Competitors:
• Web based local companies• Engineering Entrepreneur Students• Rapidly growing above markets
Description of Management Team
• CEO: Muhammad Umar− The driving force behind the company, responsible for decision
making, internal as well as external affairs• General Manager: Muhammad Umair Khan
− Responsible for smooth operations of the company, makes sure that the necessary work is done properly and on time
• Finance Manager: Muhammad Azam Munir− . Makes sure that the company runs economically and it doesn’t
run out of budget.• HR Manager: Hafiz Muhammad Awais- Run all the structure related to employees ; their problems, salaries ;
interviews of all newcomers.• Managing Director: Sarmad Rasheed
- Interconnect all the departments and managing staff with each other.
Plan of OperationFounder and CEO
General Manager
Managing Director
Employees
Employees
Employees
HR Manager
Employees
Employees
Finance Manager
Employees
Employees
Appendices
1. http://www.ets.org/Media/onethird.pdf2. http://hslda.org/docs/nche/000010/200410250.asp3. Essentials of Entrepreneurship and small Business
Management by Thomas W.Zimmerer and Norman M.Scarborough
4. Nicole L. Torres, “sowing the Seeds,” Entrepreneur B.Y.O.B., May 2004, pp. 118-122