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

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Presentation on theme: "Cool Dudes Rent-a-car Presented by: A Business Proposal"— Presentation transcript:

1 Cool Dudes Rent-a-car Presented by: A Business Proposal
Khalid AL-Obied Bader AL-moaibed Bader AL-Balawi

2 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.

3 Part I Introduction Cool Dudes Rent-a-car

4 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.

5 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.

6 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.

7 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

8 Part II Proposed Plan Cool Dudes Rent-a-car

9 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

10 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 .

11 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

12 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

13 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:

14 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:

15 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.

16 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.

17 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.

18 End Presentation Cool Dudes Rent-a-car Thanks for Listening!


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