Professional Documents
Culture Documents
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Contents
1. 2. 3. 4. 5. 6. 7. 8. 9. Introduction and summary of business model .. Objectives . page 3 page 3
Mission page 3 Company summary. Keys to success Products and services . SWOT analysis .. Management summary Financial plan . page 3 page 4 page 4 page 5 page 5-8 page 9
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Objectives
The prime objective of this project is to establish another transportation business by the side of airlines business. Now people are flying through aircraft but in near future people will fly through Helicopter with low cost and any place in Bangladesh. It is really impossible to go to a particular place with aircraft because of the things involved with it i.e. runway, pilot, cabin crew, ATC, airport etc. But in terms of a Helicopter only one pilot per vehicle is enough to provide the service within Bangladesh. To support/maintain our helicopter we have to establish the Helicopter MRO (Maintenance & Repair Organization) which in fact will be the source of earning major revenue for the company.
Mission
Institute the helicopter sells point. Airlines business with helicopter instead of aircraft. Ascertain an Helicopter MRO Set up helicopter equipment overhauling facilities. Exertion as consultant for different airlines in terms of aircraft/helicopter lease or buy. Make a base for enthusiastic in aviation.
Company Summary
Get Proposal for Company name Something like avia etc However in aviation industry obvious names are omitted such as Aviatech Name should ideally start with the alphabet A Should be relevant to companys core service and business activity Should be easy to remembered
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Keys to Success
Take Charge The first key is to realize that successes will not just happen, it is up to the particular to make it happen. Successful people claim to be in control. So when we are in control we can choose what to do. As our professional and educational life has started with Aviation so most of the factors that can affect internally and externally in our business is familiar to us. Know Where we Are Going Without having specific goals, business owners often find working in the business becomes an endless drudgery. If being in business is not exciting, enjoyable and rewarding, then why be in it? We have a clear idea of where we are going what should be the next. If our goals are not clearly defined it is easy to become like the mouse on the treadmill. Train our People to do It better than us When we start a business based on our own unique skills, we have a difficult choice when we get too busy to cope up with all the work our expertise has created. We need to spread the load by employing others to do some of the work. This is the critical point in the business development. If we get this right, the future of the business is assured, but if it goes wrong, the business is doomed. Having made the choice to grow, the key to unlocking this potential is to train the new people to be better than ourselves. Celebrate Victories When we plan our future and set goals it is easy to determine when to celebrate. Without goals to achieve, we can keep on working until it becomes a drudgery. Celebrations put excitement into what we do.
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SWOT Analysis
Strengths A major strength of any airline is the product itself, i.e. air travel and also the esteem of being noticed in the society as the owner of a private helicopter. Despite downturns, over time air travel continues to grow, not only due to the amount of money people posses but also due to an increased propensity to fly. An additional strength is the safety record, and the associated public acceptance of air travel as both a fast and safe way to travel. Weaknesses Airlines have a high spoilage rate compared to most other industries. Aircraft is expensive and requires huge capital outlays. Continual communication and monitoring required. This can be exacerbated during operational irregularities, such as bad weather or natural disasters. Lack of trained pilot. Opportunities Airline market growth offers continual expansion opportunities for both leisure and business destinations. This is particularly true for destinations all over Bangladesh. Technology advances can result in cost savings, from more fuel efficient aircraft to more automated processes on the ground. Technology can also result in increased revenue due to customer-friendly service enhancements like in-flight internet access and other value added products for which a customer will pay extra. Threats A local and even a global economic downturn negatively affects leisure, optional travel, as well as business travel. The price of fuel is now the greatest cost for many airlines, hence an upward spike can destabilize the business model. A plague or terrorist attack anywhere in the country can negatively affect air travel. Government intervention can result in new costly rules or unexpected new competition.
Management Summary
Currently there are three of us with high level of interest and expertise in the relevant field. However we are looking for investors who will be taking part in the decision making process and play an important role in the company. Brief profiles of the three (Monirul, Abdullah and Razib) are attached in the following pages. P.T.O
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Monirul Hassan
Profile An insightful, proactive and positive person with international marketing and sales experience. Hands on experience in handling blue chip companies i.e., Telenor, Oracle, IBM, Honeywell, AstraZeneca, GSK, BAE Systems, Thales etc. He has business acumen for continuous improvements in commercial operations and sales techniques. With a can-do attitude and extraordinary optimism his education, skills and experience can be moulded and transferred to maximise opportunities at any industry sector. Education Diploma in Strategic Management and Leadership. Chartered Management Institute UK (Feb 2010 - Sep 2010) BSc Hons. Media Production. University of Surrey (Sep 2004 June 2007) Dual Diploma in Multimedia and Animation. Arena Multimedia. (Feb 2002 July 2004) A-Level. Manarat Dhaka Intl College (Feb 2001 June 2002) O-Level. Manarat Dhaka Intl College (Jan 2000 Jan 2001) Career Profile Jan 2011 Present Sales Manager. Kazi & Kazi Tea Estate Ltd. Kazi and Kazi Tea is part of Gemcon Group and produces internationally certified organic tea, making it the only substantial garden of its kind in Bangladesh. (www.kazitea.com) March 2010 Dec 2010 Business Development Manager, IQPC, London, UK Jan 2008 Feb 2010 Sales Manager, EMAP, London, UK May 2007 Dec 2007 Sr. Sales Executive, Harveys Furniture, Woking, UK Oct 2005 May 2007 Customer Service Manager. BHS, Woking, UK Professional Training Business development E-Marketing Brand management Telesales Objection handling Closing & Negotiation
(March 2010, London, UK) (April 2010, London, UK) (May 2010, London, UK) (Feb 2008, London, UK) (April 2008, London, UK) (May 2008, London, UK)
Lead generation Time management MS Word and MS Excel People management First Aid Commercial operations
(Sep 2008, London UK) (Jan 2009, London, UK) (Aug 2009, London, UK) (Feb 2006, Woking, UK) (March 2006, Woking, UK) (Nov 2005, Woking UK)
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Second: Flight Attendant Operation Airline Computer Reservation System Global Fares & Ticketing Extra Curricular Activities: Membership: Student Affiliate of Royal Aeronautical Society, UK. President: CDG (Conceptual Design Group). Founder: Bangladesh Aviation Society Certificate of participation: SEND YOUR NAME TO THE MOON project in 2008 awarded by NASA.
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Financial Plan
Projected Profit and Loss: NPV (Net Present Value) Initial cost 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Land (2 Acres) Hanger Pilot (5) Engineer (10) Training Maintenance Fuel Security Advertisement License & Agreements Administration Equipment Revenue Net cash flow Discount Factor Year-0 (-)60000000 (-)70000000 (-)5000000 (-)50000 (-)100000 (-)300000 (-)10000000 (-)8000000 (-)10000000 (-)5000 (-)100000 219000000 132544500 0.909 120482951 (-)50000 (-)100000 (-)400000 (-)11000000 (-)8000000 (-)10000000 (-)5000 (-)120000 292000000 269525000 0.826 222627650 (-)100000 (-)200000 (-)450000 (-)11200000 (-)8200000 (-)2000000 (-)5000 (-)150000 382666666 360361666 0.751 270631611 (-)100000 (-)200000 (-)500000 (-)11300000 (-)8200000 (-)2000000 (-)5000 (-)200000 520000000 497495000 0.683 339789085 Year-1 Year-2 Year-3 Year-4
Present Value
Net Present Value: 953531297 145100000 =808431297 Evaluation: From the above calculation it is being cleared that Net present value is positive, so the project is feasible. Note: The entire sum is in BDT. The discount rate is 10% to calculate the Net present value.
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