business plan1-buying

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Electronic Component Shop at UET Lahore Address M.Umar Buzdar, 2011-EE-55, Room # 194 , Liaquat Hall UET Hostel Lahore Phone no: Email: 03236729823 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 book http://www.facebook.com/ECSUET 15

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Page 1: Business Plan1-buying

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

Page 2: Business Plan1-buying

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

Page 3: Business Plan1-buying

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…

Page 4: Business Plan1-buying

Customer Problem That We Solve

We Understand the Language of

Electrical Engineering Students,

Engineers, Researchers a

nd

Industrialists

.

Page 5: Business Plan1-buying

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.

Page 6: Business Plan1-buying

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.

Page 7: Business Plan1-buying

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.

Page 8: Business Plan1-buying

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

Page 9: Business Plan1-buying

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

Page 10: Business Plan1-buying

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.

Page 11: Business Plan1-buying

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

Page 12: Business Plan1-buying

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

Page 13: Business Plan1-buying

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.

Page 14: Business Plan1-buying

Plan of OperationFounder and CEO

General Manager

Managing Director

Employees

Employees

Employees

HR Manager

Employees

Employees

Finance Manager

Employees

Employees

Page 15: Business Plan1-buying

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