Essay on Business Plan

2686 Words Apr 29th, 2015 11 Pages
2015
Adil Amin
Muhammad Tariq Shaban
Tayyab Furqan
Fundamentals of Corporate Finance
3/8/2015
2015
Adil Amin
Muhammad Tariq Shaban
Tayyab Furqan
Fundamentals of Corporate Finance
3/8/2015

Auto Doctor
Auto Doctor

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PROJECT
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Submitted to:
Prof. Syed Sadir Ali Zaidi

Submitted by: * Adil Amin (2013-MBA-015) * Tayyab Furqan (2013-MBA-028) * Muhammad Tariq Shaban (2013-MBA-022)

Course Title:

Fundamental of Corporate Finance

TABLE OF CONTENTS

ACKNOWLEDGEMENT 3
EXECUTIVE SUMMARY 4
Vision Statement: 4
Mission
…show more content…
Imdad Hussain Wahga (Wahga Estate Advisor)
Mr. Fahad Mughal (Mughal Auto Parts)
Mr. Shahzad Qadri (Qadri Auto Parts)

Executive Summary

Our plan is to start an automobile workshop Business named “Auto Doctor”.
This is considered to be a profitable business because of its high demand and huge number of cars in Lahore and long-term reward (profit). Our Business is proposed to be established at Bahawalpur Road, Mozang, Lahore. Our Equity/ initial investment will be PRs. 60, 00,000
(PRs. 20, 00,000 contributed by 3 members each). An office and workshop on rent also located in Bahawalpur Road, Mozang, Lahore. Our estimated sales for the first year would be
PRs. 94, 64,000 and our total expenses that year would be ******** and after tax deductions our Net income will be ******** which is more than our expectations. And after having calculations of six doctors, we can say that this business is going to earn good profit because the most reliable doctor NPV says that it is positive, it’s payback period will be 2 years and its discounted payback would be 3 years and it is favorable because we are getting our investment back at the end of 2 years. Its breakeven analysis is also showing favorable answers.

Vision Statement:

“********”

Mission Statement:

********

Important Assumptions: * Equity finance will be on 100% partnership basis, we arrange this amount (********) personally. * After having survey of…

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