Professional Documents
Culture Documents
ENTREPRENEURSHIP PROJECT
BBA VIII SEC A
GROUP MEMBERS
SUALIHA RAEES 10052031
ALIA ISMAIL 10052001
SUNDAS KHAN 10052032.
KINZA KHALID 10052014
RABIA QAISER 10052027
SUBMITTED TO: DR. ABDUL HAMEED
COMPANY OVERVIEW
We set new standards in the school’s transportation and provide best quality service that
exceeds the expectations of our esteemed customers. This can be both exciting and challenging.
For parents with children in school, there are a number of important decisions to make. One of
the most important decisions is how to get your child to and from school safely. That's where
our new van transportation services come in.
The STS transportation is to provide a safe, secure and licensed transportation service for
students at a pocket friendly to parents/school faculties. We provide an ERP (enterprise resource
planning) system that helps to organized and manage all the transportation activities. We are a
small business with a maximum of 10 to 15 employees. We have a fleet of vans that can
transport your child to and from schools. The vans are equipped with GPS tracking devices so
that parents can track their child's location, also our surveillance team will monitories them all
the time. The service is available in many areas across the KARACHI.
COMPANY
OVERVIEW
For our marketing strategy we will hire a digital marketing agency “Think Solutionz. A
software digital marketing company. They create a strong online presence for our company
by developing a one landing page website, launching a social media campaign, and
conducting online advertising. We will offer discounts and promotional offers to schools
faculties and parents who use our services.
For our financial funds we Look into small business loans. There are many lenders who
offer loans specifically for small businesses. This could be a good option if you don’t qualify
for a traditional bank loan. Other option is finding an investor If you know someone who is
willing to invest in your business, this could be a great way to get the funding you need.
The capital cost involves making a website and mobile app also setting up a small office to
manage and deal customers. The total project cost is about Rs. 2500,000 ;which also includes
cost of Rs.250,000 to set-up small office with furniture and equipment.
SOME OF THE MOST SIGNIFICANT CONSIDERATIONS FOR THE SUCCESS OF BUSINESS ARE
FOLLOWING:
Good marketing to reach out to people who are seeking such services. For example,
marketing through pamphlets, word of mouth, magazine ads, social media, display of contact
number on vehicles etc.
Be consistently punctual and to build a relationship of trust with the customers.
Drivers with smooth driving skills, professional and courteous attitude.
Getting feedback from the customers to further improve the service.
In cases of some unforeseen vehicle breakdown, there must be prior arrangement deal with
someone with a van to provide emergency service.
Proper maintenance of vehicles to avoid failures and breakdowns.
COMPANY
INTRODUCTION
STS transportation services is committed to providing the fully tracking and highest quality
transportation services to students and school communities. An exclusive app for the first time
in Pakistan that connects drivers and parents ensuring a hassle free, safer and smarter commute
experience. We will work collaboratively to ensure that all students have access to safe,
reliable, and affordable transportation.
Mission: Our mission is to provide safe and reliable transportation for students in a
comfortable and clean environment. We will work hard to ensure that all students arrive to and
from school on time. We will also provide a friendly and professional service, and be available
to answer any questions or concerns that parents or students may have.
Vision: Our vision is to be the leading provider of school transportation services in Karachi,
and to be known for our reliability, safety, and customer service. We want parents and students
to feel confident and comfortable when using our services, and to recommend us to others.
COMPANY’S
OBJECTIVES
Objective:
Efficient and secure transportation. To provide a safe, licensed transportation service for children at a
reasonable price to parents.
Enhance the business by becoming a trusted viable transportation source to parents and children in Karachi.
Employees Opportunity create jobs in KARACHI by hiring trained drivers and office staff as our business
grows.
Time effectiveness student will reached home timely without any waste of time and effort .
Business location:
Our location/office will be at main Shahar e Faisal, Karachi where all the best schools are nearby. But our
location does not matter because our business is depending on technology driven system software where
we can run wherever we want.
Nature of business:
STS Is a technology-driven software system, designed for the purpose to make transportation system easier for
School faculties/Students. It gives area wise services to different schools and students by giving them subscription
and providing the facilities of easy, safe and secure transportation. It uses ERP system which give them overall
information single handedly.
In case of any exigencies, parents can receive instant alerts and updates via SMS (short messaging system) on their
mobile. This provides them peace of mind knowing that if any emergency or accident takes place, they are
immediately informed.
Target market:
Our ERP (enterprise resources planning) system became the need of the hour, with dynamic features providing effective
maintenance of transportation and admin tasks. Our main target is parents and private van drivers.
Parents can rest easy about their child’s safety and security . It enables the tracking of transport vehicles like a mini-vans
and hi-roof and also get the info of the van drivers. Parents are able to even use this tracking feature on the mobile
friendly version, so they are able to keep an eye on their child on the go.
With the STS Transport Management System, school faculties/students/parents can track van movements, locations, and
routes. On the other hand, our School Van Routing Software, can ensure parent/guardians with complete peace of mind,
as they can keep a complete track of their child movements.
0UR PRODUCT AND
SERVICES
STS Services Company is related to a Transportation industry. It is a state art fleet
management service. The intuitive mobile app that helps connect commuters with their
van driver throughout their daily commute to and from their schools. The one-of-a-kind
concept has been launched for the first time in Pakistan with vans having dual air
conditioning systems and pre assigned seats for the students. The parents/students will
have the autonomy to track and monitor their van from their smartphones, get
notifications and alerts regarding pick and drop, stay updated regarding the van's ETA
(Estimated Time of Arrival), be aware of any traffic disruptions and much more. Our
subscription packages are 1 month- 15,000, 3 month- 40,000, 6 month- 80,000
These are the services that will be made available to our customer:
For PARENTS:
Providing home-to-school bus transportation for students and pre – school children with safety and comfortable
ride.
Save time and effort of the students.
Provide parent an App which they can track the van moment, routes and the driver profile. We will ensure to give
you a truth worthy van driver.
Safety is one of the primary concerns of parents when their child is away from them. However, with this app, parents
will be updated on timely intervals regarding pick and drop timings, expected time of arrival, traffic disruptions, and
a lot more.
License Holder
CNIC License
You must be 18 years old or above having
You must possess a valid driving
valid CNIC
license
5th Step
1st Step
Select pickup/drop off
Insert Your Number
locations and timings.
6th Step
2nd Step You will receive
Insert 4 digit verification code confirmation call.
2nd step
1 step
st 3rd step
Fill in your required
details in the given Upload photo of
Download and
fields. your CNIC front and
Register our App
back
5th step
4 step
th
Upload photo of your
Upload photo of valid driving license
your van registration front and back side
MARKET ANALYSIS
Strengths Weaknesses
The idea can be easily imitated. Nothing will prevent competition from
It has a high standard of service, verified drivers and vans.
presenting the same product.
Operational cost is quite low. As it relies on customer-to-driver Unpredictable business model as it depends to customers to
interaction, a dispatcher is not needed. interaction.
S
Very little competition. Drivers may be not satisfied with their earnings.
W
The system is convenient for the drivers. They can work flexible hours and Parents may be unhappy because of the high fee of vans.
even choose to be a part-time employee.
OT
AN
It is a best option for parents as well as students as it is giving full
technology-based security with tracking system.
AL
YS
Notification system during pick and drop parents will be fully awarded of
their children until they reach their home. IS
Area based transportation will save time of students.
STS ‘s basic and premium packages can help parents to avail better
services.
Opportunities Threats
Operate admin panel app employee hiring will
We can grow our business to all over the
be an issue.
Pakistan.
To gain parents trust may be challenging.
Can use the app for other similar platforms in S
the future. W Hacking attack can be very threatening for STS.
OT
We can diversify our business for other One of the threats that we are likely going to
AN
business opportunities. AL face is the fact that when unemployment rises,
Many chances of innovations are available. YS parents are more likely to care of their kid’s
IS transportation services instead of paying a child
Through this platform we may attract many transport services company. So also, as the
investors and as result more funds will be to number of school-age children continues to
operate. expand, industry revenue will be positively
affected.
MARKETING
STRATEGIES
It is basically a service-oriented business and to sell our product we tried our contacts. We went through a
list of different schools conduct seminars to parents and students to assure them about the STS Service, we
just elaborated them what are the major problems and what solutions we have for each of them. We contact
different schools to recommended our services to staff members and other student’s parent.
Tracker/camera 305,000
Miscellaneous 10,000
Yearly
Income 7,200,000
Expense 5,000,000
Profit 2,200,000
12000* 20 240,000 12,000 30 360,000
Student 8000*15 /
120,000*10%
Per van 12,000
6 vans 12,000* 10 /
120,000