Essay on Business Plan - 2686 Words

2015 Adil Amin Muhammad Tariq Shaban Tayyab Furqan Fundamentals of Corporate Finance 3/8/2015 2015 Adil Amin Muhammad Tariq Shaban Tayyab Furqan Fundamentals of Corporate Finance 3/8/2015 Auto Doctor Auto Doctor ___________________________________________________________________________________________________ PROJECT _____________________________________________ Submitted to: Prof. Syed Sadir Ali Zaidi Submitted by: * Adil Amin (2013-MBA-015) * Tayyab Furqan (2013-MBA-028) * Muhammad Tariq Shaban (2013-MBA-022) Course Title: Fundamental of Corporate Finance TABLE OF CONTENTS ACKNOWLEDGEMENT 3 EXECUTIVE SUMMARY 4 Vision Statement: 4 Mission Statement: 4†¦show more content†¦Imdad Hussain Wahga (Wahga Estate Advisor) Mr. Fahad Mughal (Mughal Auto Parts) Mr. Shahzad Qadri (Qadri Auto Parts) Executive Summary Our plan is to start an automobile workshop Business named â€Å"Auto Doctor†. This is considered to be a profitable business because of its high demand and huge number of cars in Lahore and long-term reward (profit). Our Business is proposed to be established at Bahawalpur Road, Mozang, Lahore. Our Equity/ initial investment will be PRs. 60, 00,000 (PRs. 20, 00,000 contributed by 3 members each). An office and workshop on rent also located in Bahawalpur Road, Mozang, Lahore. Our estimated sales for the first year would be PRs. 94, 64,000 and our total expenses that year would be ******** and after tax deductions our Net income will be ******** which is more than our expectations. And after having calculations of six doctors, we can say that this business is going to earn good profit because the most reliable doctor NPV says that it is positive, it’s payback period will be 2 years and its discounted payback would be 3 years and it is favorable because we are getting our investment back at the end of 2 years. Its breakeven analysis is also showing favorable answers. Vision Statement: â€Å"********† Mission Statement: ******** Important Assumptions: * Equity finance will be on 100% partnership basis, we arrange this amount (********) personally. * After having survey ofShow MoreRelatedBusiness Plan For A Business Essay1708 Words   |  7 Pagesbrand-new business, expand an existing company, or get financing for a business venture, you will need to write a business plan. A business plan not only lends your business a sense of credibility, but also helps you to cover all your bases, increasing your chances of success. Although writing a business plan can be a lengthy, intimidating project, it is not necessarily difficult. Here is an overview of how to write a successful business plan. 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