Cool Dudes Rent-a-car Presented by: A Business Proposal

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Presentation transcript:

Cool Dudes Rent-a-car Presented by: A Business Proposal Khalid AL-Obied 200700306 Bader AL-moaibed 200700246 Bader AL-Balawi 200900163 www.company.com

The Outline: Problem Statement. Objective of the business plan. Need. Benefits. Objectives of Cool Dudes Rent-a-car. Time Table. Equipments and Materials. Personnel. Start-up Cost. Labor Cost. Feasibility. Expected Result. Conclusion. www.company.com

Part I Introduction Cool Dudes Rent-a-car www.company.com

more people and companies are turning to the rental car industry Problem Statement With hazard and complexity of registering, owning and maintaining a vehicle, more people and companies are turning to the rental car industry to help with their transportation needs. www.company.com

Objective of the business plan It provides an overview of details and explore initial aspects in planning a business in an attempt to enter the competitive car rental industry. The objective of this business proposal is to study the feasibility of starting –up a rent-a-car. www.company.com

Extreme weather condition Local public transport is scarce and limited Need Vast land area Extreme weather condition Local public transport is scarce and limited Reasons for a need of transport. www.company.com

Benefits Benefit from the sector growth Provide a healthy and competitive alternative. Avoid the complexity of owning, maintaining and car depreciation cost. Fast convenience mode of transport. Available alternative when needed a transport service. Benefit gain from the business www.company.com

Part II Proposed Plan Cool Dudes Rent-a-car www.company.com

Objectives of Cool Dudes Rent-a-car Provide the rental car industry a competitive alternative with new & innovative promotional offering. Provide the commuters and companies to save time, effort, and money of owning and maintaining owned car. provide mobility service with accuracy, safety, and care at a very competitive price. Our rent-a-car business has the objective of www.company.com

Time Table Step No. Activity Wks No. 1 Write a business plan for rental car business 2 Find a strategic location for the business 3 Make a list and canvass for vehicles types to be procure 4 Find an insurance company to insure the vehicles. 5 Set time for business system operations such as company policies and other paper works. 6 Hire employees and mechanics. 7 Create a rental contract. Offer additional insurance protection, collision damage waivers, and loss damage waivers. TOTAL PROCESS TIME 14 The table below describe the schedule of the activities . www.company.com

Equipments and Materials List of office equipments and material supplies which are required to perform its business. such as air condition, computers, printers, phone and fax machines, office tables and chair, sofa set, and office supplies. Water dispenser, cups and teaspoon. The pool of cars such models of Toyota, Honda, Hyudai, and Kia brands. The Cool Dude Rent-a-car office will need www.company.com

Personnel The company needs to hire: 1 of the investors will work as shop manager who will run the daily business operations. 2 Maintenance Mechanics who will maintain the pool of cars. 3 car cleaners who will maintain the cleanliness of the cars and the office. The Cool Dude Rent-a-car office will need www.company.com

Projected Startup Cost Amount Cost of Vehicles 1,000,000 Legal Fees 3,000 Advertisement 5,000 Office Renovation 15,000 Computer and Furniture 7,500 CCTV and security 5,600 Car insurance 8,000 Rental fee Utility bill (electricity and water) 4,000 Total Startup Cost SR 1,063,100 The table below shows projected initial START-UP COSTS for “Cool Dude Rent-a-car business: www.company.com

Labor Cost Totals (SR) Monthly Salary Amount Owner/ Office Manager SAR 5,000 Mechanic (2) 4,000 Car cleaners (3) 3,000 Total People 6 Totals (SR) SAR 12,000 The table below shows projected initial START-UP COSTS for “Cool Dude Rent-a-car business: www.company.com

Transportation is a need in Saudi Arabia. Feasibility Transportation is a need in Saudi Arabia. Our business will take care of the problems about owning & maintaining of vehicles. Market trends showing growth in sector. More companies are starting to lease company cars. www.company.com

Expected Result We are optimistic about car rental business to succeed . Although, we don’t expect an immediate success upon the start of the business operation. But rather, allotting three months to establish and “test the water” as they say before any the business could pickup. www.company.com

Conclusion Mobility is essential & need. Any business related & connected to transportation will never cease to exist. Our rent-a-car business is a perfect solution from the troubles of owning and maintaining a vehicle. We can provide a difference & a better alternative to our competitors. www.company.com

End Presentation Cool Dudes Rent-a-car Thanks for Listening! www.company.com