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Threat of rivalry:
Threat of rivalry is low, hence there is no competition.
Threat of substitutes:
The threat of substitutes is low in this industry customer do not
have another website.
PLACE
The key places Abroad education will be expanding in Mumbai, Delhi
and Kanpur.
PROMOTION
Abroad Education offers various types of promotions. The promotions
will be via media advertisement; such as internet, newspapers, magazines,
local television stations and radio channels.
TARGET MARKET
Our major focus will be on 12th grade students who wish to study outside
of India, as well as passing out college students who are interested in
studying overseas.
Professionals in India also desire to complete their master's degrees
overseas, but they lack the necessary expertise.
Because many students are unaware of the numerous scholarship
programmes available, Abroad Education will also focus on scholarships.
They will become our customers if they are aware of it.
FINANCIAL PLAN
Abroad education will capitalize on the strong demand for high-quality
service. The owners have provided the company with sufficient start-up
capital. With successful management aimed at establishing and growing
a loyal customer base, the company will see its net worth doubling in two
years. Abroad education will maintain a healthy 65% gross margin, which
combined with reasonable operating expenses, will provide enough cash
to finance further growth.
START-UP FUNDING
Abroad education major investors are Mr. Rakesh and Mr. Kamlesh in
currently, who each will contribute $50,000 for the same amount of share,
50%. This will more than cover start-up requirements, and provide the
business with a cash cushion to use for expansion over the first three years.
START-UP FUNDING
Start-up Expenses to Fund $17,800
Start-up Assets to Fund $8,000
TOTAL FUNDING REQUIRED $25,000
Assets
Non-cash Assets from Start-up $17,800
Cash Requirements from Start- $8,000
up
Additional Cash Raised $25,000
Cash Balance on Starting Date $46000
TOTAL ASSETS $63800
Capital
Planned Investment
Mr. Rakesh $50,000
Mr. Kamlesh $50,000
Additional Investment $0
Requirement)
TOTAL PLANNED $100,000
INVESTMENT
Loss at Start-up (Start-up -$17800
Expenses)
TOTAL CAPITAL $82200
Total Funding $100,000