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PROJECT

FESABILITY PLAN OF A Charger Pin Unit Built in


A MOBILE
SUBMITTED BY:

Fxxxc

ROLL NUMBER:

MCOF19M0xxxxcc

Supervisor Name:

Sir Khurram Amin

SUBJECT:

Entrepreneurship

UNIVERSITY OF SARGODHA
NOON BUSINESS School

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EIGHT COMMON STEPS IN A FEASIBILITY
PLAN

Executive summary

Venture define
Product and service
Market characteristic
Entrepreneurial team
Financial summary

Business concept

Product and service

Market research and analysis

Market plan

Product
Price
Place
Promotion

Manufacturing or operations

Entrepreneurial team

Financial documentation

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Feasibility Plan:
An analysis of a proposed project to determine whether it is feasible and must
takes all of the relevant factors which are explained below:

1)EXECUTIVE SUMMARY:
After analysis the today market situation, I have investigations that
there are many explanation because of which android gadgets may not be
charged properly and don’t carry the charger easily during travelling and
many other reason so the clients got stressed over it there is no
component or item is yet dispatched in the market to tackle this issue.
Subsequently, I am eating another item called ‘’A charger pin unit built in a
mobile device’’ to handle this issue. This gadget will help the android clients
in chilling off their advanced mobile phone. By recognizing the
requirements of the android clients, we grow, for example, specialized and
new item which is being intended for all the android clients from the age of
20 to 50. The development and accomplishment of this item help us in
keeping up our capital speculation and in passageway of this item to the
market. And issue of charging the mobile phone is resolved.

a) Venture defined:

The company is going to launch such kind of android mobile phones


which have the feature of built in charger and the portable charger is
totally eliminated. The company is a developer, marketer, direct seller
retailer and wholesaler this feature is specially designed for the
fulfillment of the customer’s need used in charging of the android
phones.
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Company also wants to make the sustainable advantages on the basis of
its innovative products like a charger pin unit built in mobile. All these
products allow the customer to get benefit of these new features.
The nature of product is a built in charger in a mobile. There is some
purpose to introduce this product. Due to this product the problem of
charging is being solved people feel relaxing to use this kind of mobile
phones.

b) Product and service


The product name is ‘A charger Pin Unit Built in a Mobile.” This feature
is included in the android phones to overcome the issues of the
charging.
Normal phones have the portable charger and they do not carry
easily and the users face many issues like during travelling they don ’t
want to carry it so A charger pin unit built in a Mobile is a facility for the
android users and this product is very reliable for the customers.
The quality of this product is very good. Everyone can purchase
this product because the price of this product is not so high. It can sell at
discount rate. Due to covid19 the use of mobile is more so the charging
issue is resolved by using this product. For the knowledge of customer
to this product we can used the advertisement and the packing of this
product is very good.
The product has the following advantages:

Advantages:
 Charging of a mobile phone is done wirelessly
 We can saving time for charging mobiles
 Wastage of power is less
 Mobile get charged as we make calls during long journey
 Only one microwave transmitter can serve to all service
providers in that area

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 The need of different chargers by different manufacturers is
totally eliminated

c) Market characteristic:

Following are the objective should be picked for A charger Pin Unit Built
in a Mobile has the accompanying objective clients whose age is
between 20 to 50 and these are:
 Trend Conscious
 Young people
 Common users
 Potentials users
 Professional users

d) Entrepreneurial team:
It is quite natural to presume that there is an interaction between the
entrepreneur and team members within an entrepreneurial team. The
focus of entrepreneurial team to provide information about the product
and also brings the new ideas. The key essential for the firm’s success is
that the individuals must Identified and their skills and talents must be
described.

Entrepreneurial Team Entrepreneurial Team

Cognition Behavior

Cognitive conflict Innovational ability

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Emotional conflict Strategic sustainability

e) Financial documentation
Financial are helps us in attaining our goals in monetary form.

o To earn a reasonable profit


o Business growth
o Return on invested capital
o Efficiency and stability of gaining scale

2)Business concept:

The main purpose of this business is to introduced innovative products


which can be easy to use and easy to execute and easy to implement. Every
handheld device that requires full charging to work with full capability must
be equipped with cost effective, low budget and with all its true features.

Purpose of venture:

The main purpose of this venture is to introduce innovative type of


products. The product is not to earn profit but also commercialized in market.
Some main another purpose of this venture are as under:
 Our application will provide users convenient that can be easy to use.
 Our main purpose is to define and create new applications with new
features.
 Proper awareness to the target market.
 Strong product growth
 Attracting and retaining loyal customers.

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Distinct Competency:

The first distinct competency is that it provides new type of product as


compared to other competitors.
The second distinct competency is that it provides high value alternatives.
This technology becomes more familiar near in future, because this
technology is useful and beneficial for all android users.

3)Product and services:

The main function of this product is that it had a built in charger unit in
mobile phone and there is no need to carry the charger. This technology
make enable to the user that can do work smoothly and also time saving.
This device can solved the problem of charging due to long time use of
mobile.
We can discuss some characteristics of this product:
 It can easily to use
 The cost of this product is not so high every one can purchase it
 We can saving time for charging mobiles
 Wastage of power is less

4) Market research and analysis:

The cutting edge period turned into a time of innovation and patterns.
Individuals are utilizing android by following the patterns. In our built in
charger Mobile there are such mechanical highlights which we have made
to diminish the charging issues of android gadgets. Market patterns
incorporate such innovation based variables like PDAs which innovation
exist all over and numerous clients face issues because of charging of
android. Along these lines, market drifts additionally help us in making
market pattern of A built in charger in mobile device.
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CUSTOMER SCENARIO:
The customer scenario is basically depends on three main factors:

 Gender
The company basically focuses on gender base means the users of
product male or female. First of all we identify the customers who
are competent to use this technology.
 Income level
Income level is also effect on the usage of technology the company
must produce according to the capacity of the consumers.
 Standard of living
The customers must have proper knowledge to use this technology
the awareness about this technology is very important.

We took the round of market for picking up data about clients that is
there any generally costs paid clients, is the need of that item exists on the
lookout, to Mobile with a built in charger will be served and what will be the best
correspondence channels for serving this item.

We have analyzed that there are numerous costs paid clients who will purchase
this mobile to take care of their android issue of charging. There are many marked
android gadgets in the market yet every one of these gadgets has an issue to
carry the charger. Indeed, even nobody marked organization has yet made any
arrangement or highlight to handle with this issue of android clients. We
concocted presenting new item “A charger Pin Unit Built in A MOBILE” which will
help the android clients to chill off their PDAs. We are going to promoting this
item and offer attention to the android clients that their concern can be tackled
by utilizing this kind of mobile and it has additionally become a need of the
present android clients. There is the circumstance in the market where that sort
of items are not yet existed so we are going to launcher enter this item for the
principal year of activity on the lookout. A Charger Pin unit Built in a Mobile is
quite an inventive item and we have enough assets through which we will make

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mindfulness and client esteem about the charging of the android by investigating
the entire circumstance. It can provoke the interest since has such highlights
which are the need of the present clients. In this way, there is a circumstance
these days in the market in which such sort of item will be requested

We have fragmented the market by isolating the populace into various gatherings
based on their regular trademark, for example, age, district, religion and City.

Types of segments Criteria segments Customer criteria


1:Geographic Region destiny 8 countries urban
2:Demographic Age 20-50
Gender Males and females
Income 60000-80000
Occupation Students ,Employees
and professional

 SWOT analysis:
 Strength:
a. Newly planned and advancement
b. Least Expensive
c. Dependable
d. Easy to utilize
e. Security
 Weakness:
a. Reliable on android
b. Lack of extensive platform
 Opportunity:
a. Uniqueness
b. Grow interests for quality items
c. Cost
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 Threat:
a. Improper commercialization
b. Poor sales if competitors are in the market

5)Market plan:
When we developed the product A Charger Pin unit built in a Mobile we
make some marketing programs which include 4Ps that are:

The 4Ps of marketing:


i. Product:
 Innovation
 Charging power
 Functionally
 Different product
 Uniqueness
 Small LED light
 USB port
 Batteries
ii. Price:
 Inexpensive
 Credit policy
 Packages
 Different categories ofprices from low to middle level

iii. Promotion:
 Through promotions
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 Through social media marketing
 Through E-mail marketing services
 Through different websites and ads
iv. Place:
 Market: smart phone
 Location: Pakistan
 Channel of distribution: wholesale dealer to end consumers
and users

6)Manufacturing or operational:
Mostly manufacturing plans are depends on the nature of the business. For
the manufacturing of products the company required raw material to
continue their production. In the manufacturing and operational plans
include different elements:

Location:

The first and most important factor is location then we start the business.
We will choose an area and then sale our good. Easily transfer the good
from one place to another. So we can choose the location of SARGODHA,
LAHORE and FAISLABAD we can purchase the land easily in these places
and there are many villages around it. Lahore market condition is very good
and we can easily sale the good from on city to another.

Facilities:

The sources which make the company process convenient known as


Facilities like we use the machinery that can produce large no of products
in few minutes. The facilities of the company are as follows:

 The first facility is the company has personal ownership.

 The product free delivery for near area.

 The company is used innovative and modern equipment.


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 The company has own transport and parking facility.

 The company is registered with legal procedure.

Inventory:

The inventory is the main product to continue any kind of business


operations. It is a process that the raw material is converted in to
finished goods. How many times the raw material convert into finished
goods is called work in process.

Three basic rules of the company to manage the inventory:

 The company will hire the skilled and expert staff to manage the
inventory.

 They supply the products in bulk amount and deliver in small


orders through distribution channels.

 Mostly maintain cash transaction but some time purchase


inventory at credit basis.

Method

FIFO LIFO Average

Human resources:

The human resources are very important factor to run the business
successfully. We select the employees and labor that have the
knowledge about a charger pin unit built in mobile. They also know how
to design this product.

The labor is main factor that convert the raw material into finished
goods. We hire the staff who familiar with the culture of organization

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and easily fit for the organization. The human resource management
performs following functions:

First: They select the candidate that is knowledge about the product
according to their skills and expertise.

Second: They train that candidate who have less experience of product.

Third: It can motivate to those employees who performed better role to


the organization.

Last: It can give the reward to those employees which perform best
effort to achieve the organizations goals.

Operations:

The main operation of the company is manufacturing process and


research and development the main purpose of this operation make the
product more innovative and useful. Company Operation is the service
structure to provide the better quality services to their customers and
provide safety to their customers in product usage. The company will
provide insured products and uses the new and modern methods of
manufacturing.

Quality is the main factor and in our product we also focus on quality.
Otherwise the product is fail people are not purchase this product. We
can perform better performance so we can first train our employees
that can produce it. Safety of labor is also very important we focus on it

7)Entrepreneurial team:
All members of the team have experienced in the growth
environment of successful start ups and contribute unique talented and
essential skills which make company successful.

The entrepreneurial teams consist of the following post:

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 One of the main director/CEO of the company who has the skills
of controlling and managing.

 Operations manager who control and manage the operations.

 Corporate strategy manager and also manage the business


development and sales.

 The expert of marketing field.

 Director of finance who managed and control money.

 Market research and development.

 Office manager.

 Order fulfillment expert.

 Developer of designer.

 Controller of packaging.

 Sales man.

CEO

Operations Production Marketing


Manager
Manager Manager

R&D Sales Production Purchase H&R


Department Department Department Department Department

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Designing Packaging

8) Financial documentation:

In this part, we connect the monetary factor of our item with


advertising exercises which comprise of month to month deals estimating
and month to month cost spending which are clarified underneath.

Monthly sales forecasting:

Years Sales
2021 300,000
2022 350,000
2023 100,000
2024 150,000
2025 170,000
Total sales 1070,000

Marketing expenses budget:


Advertisement 28000 21000 14000
Website 12000 7000 6000
Social media 14000 12000 9000
Depreciation 16000 13000 15000
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Insurance 22000 19000 21000
Rent 9000 8000 11000
Total expenses 101000 80000 76000

Now we can explain this expenditure how they occur in business and what is the
role of these expenses in business. As we know that some expenses are fixed in
nature and some are variable. Fixed expenses must be pay by the business rather
than the profit or loss. But the variable expenses are related to output. If
production is made than we pay the variable expenses.

Advertisement:
It is the expense to introduce the product in the market and it is the necessary
expense must bear by the organization and include in profit and loss account.

Depreciation:
Will need to be filled in as capital equipment and other depreciable items are
purchased.

Insurance:
We are in process of obtaining insurance quotes from several providers and will
replace these figures with more accurate data when the quote arrives.

Rent:
Shows zero for the first year because the entire first year’s lease is included in
start up costs. Rent is must be pay by the business because it is a fix expense.

Sales and marketing Expense:

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This expense incurred when the product is selling to customers and delivers the
product to customer.

And marketing expense are those when the product is introduced in the market
to give the knowledge of the product to customers and then they purchase it.

ABC Company

Income Statement

For the year ended……

Sales $850000
-expenses
Payroll $100000
sales and marketing and other expenses $700000
Depreciation $100000
Utilities $40000
Insurance $70000
Rent $25000
Payroll Taxes $75000
Misc. Expenses $120000
Total Operating Expenses $600000
Profit before Interest and Tax $250000
Interest Expenses ($40000)
Taxes ($50000)
Net Profit $160000

ABC Company

Cash Flow Statement

For the Year ended……

Cash Sales
($850000)
Expenditures:
Cash spending $200000
Bill payments $150000 Page 17 of 19
Purchase Assets $275000
Subtotal Cash Spent $625000
Net Cash Flow $225000
ABC Company

Balance Sheet

As On……..

Assets Amount Liabilities Amount

Current Assets: Current Liabilities:


Cash 100000 Account payable 400000
Bank 300000 Bills payable 250000
Prepaid Expenses 150000 Current borrowing 610000
Short term investment 250000 Unearned Revenue 885000
Other current Assets 200000 Bank Loan 300000
Fixed Assets: Tax payable 119000
Plant 400000 Payroll 120000
Machinery 630000
Furniture 200000
Bonds 350000 Other current Liabilities:
Office equipment 340000 Net profit 350000
Long term investment 500000 Capital 916000
Technology 400000
Other fixed assets 130000
.
Total Assets 3950,000 Total Liabilities 3950,000

Conclusion:

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In short, we can say that we introduce such kind of product /mobile phones which have
the feature of built in charger. There is no need to carry the charger during travelling. Wireless
power transfer is quickly becoming a viable reality.

The technology offers an extremely efficient alternative to previous attempts at


providing wireless power. Future improvements in wireless technology offer world changing
implications. This built in charger android phones help in our daily life and makes our life more
comfortable and convenient.

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