4. BUSINESS PLAN I-WASH
THE BUSINESS PROFILE
Business: Automatic Car wash
Name of Business: I-wash
Slogan : Always drive a new car
I-wash intends to setup a new car wash system with
modern computerized controlled equipments’ and
sophisticated techniques. The Plan is to introducing a
new car washing system in the beautiful city
Peshawar. Here we provide innovative. Safe, quick,
satisfied car washing service to the citizens of
Peshawar. I provide the facility of quick washing
service facility with the capacity of dealing 20 cars
per hours as per car in 3 minute.
5. BUSINESS PLAN I-WASH
TARGETED MARKET AND CUSTOMERS
WHY CUSTOMERS ARE BEING ATTRACTED?
As we are providing quick safe and satisfied car
washing service. Our service quality is the reason for
the attraction of the customers toward our business.
Here we will always strive to meet our customers
need and want and provide them quality equipment
and service.
Our car wash is unique; no other car wash is here in
Peshawar area as well as in Pakistan.
6. BUSINESS PLAN I-WASH
Growth Trends In This Business
The car wash industry is entering a rebirth by
entering our innovative business in this region.
So to speak growing out of the necessity to
keep pace with our customer’s changing need
and desire, I-wash will be on the leading edge
of the car washing industry.
Future forecast:
By experts opinion, common observation and
market survey. We came to know that within
couples of the years our business will be the
most demanding business in the selected
industry and will be in peak position.
7. BUSINESS PLAN I-WASH
PRICING POWER
I-wash will provide the service of washing’s
waxing and drying of different vehicles like car,
Jeep, Van’s body, tires and hub within 3 to 4
minutes.
The price charged per car wash will be in the
range of Rs. 350. As it gives us competitive
advantages over competitors. Manual car
washing charged round about Rs. 300 to 350 but
they expend maximum time.
8. BUSINESS PLAN I-WASH
THE VISION AND THE PEOPLE
MISSION:
Our mission is to establish caring relations with the
community and to provide professional car wash
service in timely and affordable manner. We are
offering automatic car wash service which is
innovative, effective, efficient and realizable.
VISION:
We envision ourselves as the leading services provider
in the region rendering state of the art car wash services
with distinction.
9. BUSINESS PLAN I-WASH
THE PEOPLE
WORK EXPERIENCE RELATED TO MY INTENDED BUSINESS
FOR TOP MANAGEMENT:
Top management of the business should be controlled by Mss Huma mir, Mss
Bushra Jehan and Sajjad Hussain. The management experts and have enough
knowledge to run and control a business.
FOR SUPERVISOR:
Have 2 year experience in the field of supervision.
FOR CLERKS:
Expert Of MS Office with high typing speed. And have 2 year experience in related
field.
FOR WORKERS:
6 month experience as office boy or have worked any car wash service before
10. BUSINESS PLAN I-WASH
PERSONAL BACKGROUND AND EDUCATION
FOR TOP MANAGEMENT:
Miss Huma Mir. BBA (hons) and MBA marketing
Miss Bushra Jehan BBA (Hons) and MS in Finance
Mr. Sajjad Hussain BBA (Hons) and MS in HRM
FOR SUPERVISOR:
BBA two Year or B.com
FOR CLERKS:
BA/BCs and have 1 year computer course and office work
FOR WORKERS:
Metric
12. BUSINESS PLAN I-WASH
ORGANIZATION
Business Organization Beneficial To Society
As time is precious and time is money we are
offering such a service to our society which helps
them to full fill their needs and desire with
minimum time spending.
13. BUSINESS PLAN I-WASH
Professional Consultants
For Law and orders:
Mr. Umair Tariq
BA LLB. LLM
Accountant:
Miss Samina
BBA finance
Insurance Agent:
Mss Ayesha
Marketing Manager:
Mss Huma Mir
Director Finance:
Mss Bushra
HR manager:
Mr. Sajjad Hussain
14. BUSINESS PLAN I-WASH
Licenses
I-wash will be set up as limited liability corporation
(LLC) between Mss Huma Mir, Bushra Jehan and
Mr. Sajjad Hussain. All members of LLC have the
equal share of the corporation and will be formed
to an already agree upon LLC agreement that is
in its final drafts.
16. BUSINESS PLAN I-WASH
PREMISES
LOCATION CRITERIA
SPACE REQUIREMENTS
42451 Square feet area will be occupied by over all arrangements.
LOCATION:
I-was selected location:
The location which has been selected is the area next
to sheriz Restaurant in University road. This area is presently
using as car parking and most of the area is vacant. This is region
is best and full fill our criteria as. One acre area round about
42451 square feet in size. The most suitable one.
Land should be haired as rent base and in future we are thinking
to persuade the land lard for purchasing the land.
Existing rent will be Rs. 50,000 Per Month.
17. BUSINESS PLAN I-WASH
FINANCIAL PLAN
Legal 20,000
Advertisement 50,000
Stationary 100,000
Furnishing 50,000
Insurance 5,000
Boring 200,000
Generator 800,000
Wax solutions 104,000
Total startup Expenses 173,9000
Startup Expenses:
18. BUSINESS PLAN I-WASH
STARTUP ASSETS:
Cash Required 400,000
Long term Asset 159,34,400
Total Assets 163,43,400
STARTUP FUNDING:
Startup Expenses to fund 173,9000
Startup Asset to fund 163,34,400
TOTAL FUNDING REQUIRED 1,80,73,400
19. BUSINESS PLAN I-WASH
FINANCIAL REPORT
Rent 50,000
Insurance 5,000
Salary 60,000
Utility Bills 1,00,000
Depreciation 1,50,612
Oil Expense 50,000
Miscellaneous Expenses 30,000
Total Expenses 445612
Financing Strategy
Monthly Expanses of I wash
20. BUSINESS PLAN I-WASH
Revenue
Total car per day washed 200
Per car charged as 350
Total revenue per day 70,000
Total revenue per month 21,00000
21. BUSINESS PLAN I-WASH
MARKETING
MARKETING PLAN
Product: I-wash service
Place: University Road Peshawar
Price: 350 per car
ADVERTISING AND PROMOTION PLANS
Bill boards, banners, stickers, sign boards displaying in different area of Peshawar
Specially we should target the following areas:
Hayatabad region
City site
University road
Different universities in Peshawar
Bus and car stands
We should also use newspaper advertising, and also Electronic media.
Social media, and other internet sources
22. BUSINESS PLAN I-WASH
THE COMPETITION
Our Competitors and our Planning:
Every Manual car washing services present in Peshawar area and mostly
near by the university road are being consider as our competitors.
Our Plan How we intend to Compete:
Minimum time we will provide the service to each and every customer with
the lowest rate of car washing service
We also provide extra facilities to our valuable customers like that
Masjid for prayer
Tuck shop
Waiting rooms
Male and female separate waiting rooms
Our services should worth us from competitors.
23. BUSINESS PLAN I-WASH
Weak points of our Competitors:
Too much wastage of time
Too many people waiting for longer period
of time for heaving service of car wash
No facility for the customer
No any waiting rooms in any car wash in
the nearby area
High price with low quality service
No extra facilities
24. BUSINESS PLAN I-WASH
MANAGING EMPLOYEES
TOP MANAGEMENT
Monitor the whole Organization
Setting strategy planning and order to full fill the objectives
Capital allocation and team building
Leading and controlling
MANGERS:
To manage, Plan, lead and control the department under him/her
Communication with the customers (complains and appreciations)
Decision making for achievement of objectives
Caring of employees
Training and development of employees
25. BUSINESS PLAN I-WASH
MANAGING EMPLOYEES
CLERK:
Asst the Manger of the concern department
Computer work
Bills, pay slips preparations etc
SUPERVISORS:
Monitor the workers to ensure that all of them doing their job.
Contact with customer and facilitate them.
WORKERS AND MECHANICS
Maintenance, and other services to customers