BUSINESS PLAN

Business Plan

Business Plan

Introduction

In this competitive world of increased technology we thought of utilizing our resources for the betterment of our people and our country. By providing this unique service we thought of making our customers life easier and simpler. Our objective is basically to provide a fully secured parking area. The name of our project is “CAR-IN PARKING AREA”. The place at which we are going to launch these services will be located at Westminster, London.

We have selected a project of parking area. The 12-storey plaza - with eight floors for parking and two floors for shops and two floors for offices - will be constructed at a cost of £. 654 million on a 35,654 square-feet plot. The plaza has parking space for 700 vehicles and 500 motorcycles, besides accommodation for 160 shops and 118 offices. The place we will select for plaza at Westminster. The advantages for selecting a place at Westminster are; there are lots of problems of parking at Westminster so we can easily attract the people to use our parking area and it is commercial area so we can easily attract the people to use our shops and offices.

Financing plan indicates how much money an entrepreneur needs to start a business and from what source funds will be generating. There are several essential factors require to start a business such as the initial investment i.e. money require to run the business known as the working capital.

SWOT Analysis

Strengths

Huge capacity for parking.

High level of security.

Latest technology.

Good environment.

Weaknesses

New player.

Risk of entering with high investment.

Opportunities

No other competitors in the area.

Huge market available.

Threats

New player.

Government policies.

Business Financial Plan

This section of the business plan should provide an opportunity to assess the ability of the project to ensure receipt of funds in an amount sufficient to service the debt (or pay dividends when it comes to investments).

It should describe in detail the need for financial resources, anticipated sources and financing schemes, the responsibility of borrowers and the safeguards system. Particular importance should be given a description of current and projected environmental economic environment. Should be reflected factors and their alternate meanings for different scenarios, requires a clear breakdown of project costs and utilization.

Should be described in terms of all other project-related or already on the balance sheet, loans, etc., necessary to clearly show how and by individuals (by the company itself or an independent contractor) prepares estimates, the estimated degree of clarity estimates. Should be described in terms of, estimates and assumptions based on which, calculated the financial results of the project.

Should reflect the (monthly, quarterly, yearly):

Change in the ruble against the dollar;

List and tax rates;

Ruble inflation (can be a different percentage depending on the object);

Capital formation through equity, loans and issuance of shares, etc.

The payment of loans, the interest on them, etc.

Usually, the financial section of the business plan submitted to the three main documents:

income statement (showing the company's operations on the periods);

Plan cash flow (Cash Flo);

Balance sheet (financial ...