BUSINESS PLAN

Owner Abhinav Puneet 12BSPHH010019 IBS Hyderabad M: 09948540493 abhinavpuneet@gmail.com

Executive Summary

we will enable our clients to run their operations with minimal effort and concern for their safety and security.General Company Description • Mission Statement: To provide our clients with the finest security services and products available in the marketplace. Through our extensive complement of high quality products and services. .

. as they are ultimately responsible for our success. recognition. leading-edge employee benefits and bonus incentive programs. advancement opportunities.• Company Goals and Objectives: We will make a very strong commitment to our people. We will further reward our people with job satisfaction. We seek to create and maintain an environment where every employee is rewarded according to their contribution to the success of our collective efforts.

• Legal form of ownership: Partnership .

Economics Facts about your industry • The global biometrics market is at $5.2 billion in 2012 anticipated to reach $16. .7 billion by 2019. Market growth is a result of demand for protection of individual information and for the needs of organization to control access to documents and to areas.

Some typical barriers • High capital costs • High production costs • High marketing costs • Consumer acceptance and brand recognition • Training and skills • Unique technology and patents .

Following things can affect the business • Change in technology • Change in government regulations • Change in the economy • Change in your industry .

Fingerprint Cards AB .Competitor Analysis • • • • • • • • • • 1 Cyber-SIGN Biometric Technology .IBM Facial Recognition .7 Avalon Biometrics .BIO-key .Gemalto .Amano Japan / Accu-Time Systems .DigitalPersona .CSC .EgisTec .

STMicroelectronics .Tyco Integrated Security .• • • • • • • • • • • .RDSK / Litronic .eKey .UnionCommunity / Virdi .Mereal Biometrics .Precise Biometrics .Vision-Box .NEC .Witswell Consulting and Services / Cyber-SIGN .Zvetco Biometrics .

Benefits • Unique: The various biometrics systems have been developed around unique characteristics of individuals. especially with new technologies ensuring that the biometric being identified is from a live person. • Cannot be lost: A biometric property of an individual can be lost only in case of serious accident. The probability of 2 people sharing the same biometric data is virtually nil. it is extremely difficult to duplicate or share (you cannot give a copy of your face or your hand to someone!). . • Cannot be shared: Because a biometric property is an intrinsic property of an individual. • Cannot be copied: Biometric characteristics are nearly impossible to forge or spoof.

immigration and border control. money. etc. A credit card transaction can only validate the credit card number and the PIN. identification cards and PINs (personal identification numbers). • In addition. there is no way to positively link the usage of the system or service to the actual user. and compromised data integrity. healthcare. user IDs. stolen or illicitly acquired by covert observation. and there is no way for the system to know who the actual user is. A password can be shared. Many applications in everyday life also require user authentication. These techniques suffer from several limitations: Passwords and PINs can be guessed. with loss of confidential information. • Currently. the prevailing techniques of user authentication are linked to passwords. including physical access control to offices or buildings. not if the transaction is conducted by the rightful owner of the credit card. . e-commerce. The consequences of insecure authentication in a banking or corporate environment can be catastrophic.• Reliable user authentication is essential.

construct what is called a demographic profile: • Age • Gender • Location • Income level • Social class and occupation • Education . Identify the most important groups. for each customer group.You may have more than one customer group. Then.

For business customers. the demographic factors might be: •Industry (or portion of an industry) •Location •Size of firm •Quality. and price preferences . technology.

Financial Plan • • • • • • Sales forecast Expenses budget Cash flow statement Income projections Assets and liabilities Break-even analysis .

Operational Plan • Production techniques and costs • Quality control • Customer service • Inventory control • Product development .

Physical requirements • Amount of space • Type of building • Zoning • Power and other utilities .

Operations Plans may include: • • • • Inventory Supplier analysis ƒ Scheduling ƒ Production costing (how much does the product ƒ or service cost the business) • Monitoring/benchmarking of key milestone dates • Distribution • Human resource requirements .For the purposes of the E-Spirit competition.

• Production techniques and costs • Quality control • Customer service • Inventory control • Product development .

Legal Environment • Licensing and bonding requirements • Permits • Health. workplace. or patents (pending. or purchased) . copyrights. existing. or environmental regulations • Special regulations covering your industry or profession • Zoning or building code requirements • Insurance coverage • Trademarks.

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