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INTRODUCTION TO

ENTREPRENEURSHIP
Presented by Group 5:
Nayab Akhter
Zeeshan Ali
Ihsaan Noor
Zain Abbasi
Hashim Siddque
PART 1:STRENGTH OF THE
BUSINESS IDEA
• Extent to which the idea:
4
Most of the study related material has to be
printed i.e. notes, assignments,
1. Takes advantage of an applications.
environmental trend
4
2. Solves a problem Avoiding long queues, pre-ordering, no
physical presence needed and premium
3. Addresses an unfilled gap in quality service.
marketplace 5
People who don’t have time and want more
convenience and specific choices.
• Timeliness of entry to market 4 This is a perfect time as people avoid to
miss any deadlines and our customer has
the right technology to use our services.
• Extent to which idea “adds value” for 4 The customer is getting fast and reliable
the buyer service which saves a lot of time with
best quality and rates.
• Extent to which the customer is 2 Customer are not that much satisfied as
satisfied with the competing products because of long queues and time
that are already available wastage faced in order to get printouts.

• Degree to which the idea requires 1 Some substantial changes like placing
customers to change their basic the order (time, place, price and
practice or behavior to change payment) and rest has to be the same
procedures.
PART 2: INDUSTRY-RELATED
ISSUES
• Number of competitors 2 There are just two competitor's in our
business which are located in the
university.

• Stage of industry life cycle 2 The stage of industry life cycle is in


growth phase because everything is now
in typed document and printing industry
is flourishing in the market and a need
for every customers across globe.

• Growth rate of industry 4 Printing industry has a strong growth


rate because every documentations
forms in a hard copy and trendy in the
market of technology.
• Importance of industry’s products 5 It is very important as not all the works
and/or services to customers are being done by soft copies so we need
the services n products of printing
industries to make the daily life work
easy.
PART 3: TARGET MARKET AND
CUSTOMER-RE LATED ISSUES
• Identification of target market 5 Almost all the students of campus and
for the proposed new venture. faculty members are included in this.

• Ability to create barriers to entry for 1 Not possible to create barriers for new
potential Competitors. competitors as there are already two
competitors in our business but in
natural way customer loyalty serve as a
barrier for new entrants.

• Purchasing power of customers. 3 Most of the students are from middle


class families and they are not self-
financed.
• Ease of making customers aware of 5 As it is necessary for every students to
the new product or service. use the printing service so it will be easy
for them to reach us out.

• Growth potential of target market. 3 We can expand our business to regional


campuses and other universities but the
target market will remain same.
PART 4: FOUNDERS-RELATED
ISSUES
• Founder or founders experience in 3 He has worked before at printing station
the industry with his uncle therefore he has some
experience about the industry

• Founder or founders skills as they 4 Team has great decision making skills
relate to the proposed new venture’s and also have some personal experience
product or service in the industry. So they can carry out this
business idea better than anyone else.

• Extent of the founder or founders 4 He got some strong networking skills as


professional and social networks in he worked before in fields related to
the relevant industry customer dealing and affairs.
• Extent to which the proposed new 3 The team wanted to pursue this
venture meets the founder or opportunity in the hand and make it
founders personal goals and work to become a successful
aspirations entrepreneurs.
• Likelihood that a team can be put 5 yes very likely as we are classmates as
together to launch and grow the new well as friends so we are looking
PART 5: FINANCIAL I SSUES
• Initial capital investment 3 Our initial Capital is collected from all
team members of their saving.

• Number of revenue drivers (ways in 3 Normal Printing, Color Printing, (Hand


which the company makes money) written assignment/project to Word file
Printing)(optional)

• Time to break even 5 We are confident to take our business in


to break even in less than half year

• Financial performance of similar 5 Financial Position of print station in the


businesses university is very strong.

• Ability to fund initial product (or 5 Our initial Start-up cost is not high so
service) development and/or initial we fund it through our savings.
startup expenses from personal funds
Thank you

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