Role of Cloud Computing in Deo Motors (Automotive Industry)34
Modern Practices34
Section 6: Financials36
Cost of Startup Business36
Business Registration and Certification Fees36
Setup Location36
Equipment and Tools37
Advertising Cost37
Employee Costs37
Pricing Model38
The Benefits of Cash Flow39
Growth39
Competitive Advantage40
Long-term Outlook40
Problem with not conducting a Cash Flow Analysis40
Financial Distress41
Working Capital41
Bankruptcy41
Section 7: Management in Your Organization42
The Management Team42
Business Team's Concept, Group Dynamics, and the Strengths and Weaknesses43
Relationships43
Cultures43
Trust44
Strengths and Difficulties44
The Management Philosophy on Communication and Organizational Culture45
Leadership Actions Taken to Adapt Business to the Following46
Manufacturer has done on a Labor Strike that may Last for six Months46
Competitors have Emerged in Direct Competition with the Company46
Have Laid off Half Your Employees and Rest are Disheartened47
Summarization47
Organizational Structure48
References50
Appendix53
Business Plan for Deo Company
Section 1: Executive Summary
The business that I want to start is related to Automotive Industry that is based on producing Hybrid Electrical Vehicles. Starting a business in an automotive industry is not an easy task as it requires extensive research. One cannot establish a sound business in this industry until and unless he or she owns experience and knowledge about all the competitors or rivals within the industry. Every business is based on some clear goals and objective that can be accomplished by quality vision and mission statement of the business. There is a huge competition in the automotive industry as each of the company is launching vehicles that have distinctive features from other company's vehicles. So for this all the companies need to be extra careful only then they would be able to survive in the industry. The business is in designing phase and it will be launched just after testing its strength (Churchill, 1983).
Location
The name of the company will be Deo Motors, and it will be launched in Chicago, USA. The main reason behind manufacturing hybrid electric vehicle is due to the quality of technology used in manufacturing it. Hybrid electric vehicle is a kind of electric and hybrid vehicle that combines a conventional internal combustion engine propulsion system with an electric propulsion system. The hybrid electric vehicle holds better fuel economy and performance than an old vehicle. Most of the common form of hybrid electric vehicles is the hybrid electric car, trucks and ...