Transportation Services 2003

8/2/2019 Transportation Services 2003

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Entrepreneurship and Management of

Small and Medium Enterprises


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TOURIST VEHICLE SERVICES

RENTING CARS FOR VARIOUS OCCASSIONS

BUSINESS MEETINGS FOR PUBLIC TRANSPORT


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THE MAIN REASON WAS TO MAKE SURE THATPEOPLE FROM ALL WALKS OF LIFE ARE ABLETO TRAVEL IN COMFORT.

THE SCENARIO THAT GAVE IT IMPETUS IS THEAUTO RICKSHAW AND TAXI PRICE HIKES,STRIKES BY THEM, FAULTY METERS USED TOCHEAT THE CUSTOMERS.

PEOPLE SHOULD NOT GO THROUGHPROBLEMS LIKE THSES AND HENCE.


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THE NAME OF OUR COMPANY IS FAST VARSITYPUBLIC TRANSPORT

STARTING A TOURIST VEHICLE SERVICEPROVIDING COMPANY IS THE MAIN IDEA.

THE OTHER MISCELLANEOUS REASONS FORSTARTING THE SAME ARE :

1. MUMBAI IS A TOURIST ATTRACTION

2. IT IS A PLACE THAT HAS A LOT OF HUSTLE ANDBUSTLE

3. EVERYDAY THERE ARE LOADS OF PEOPLEVISITING THIS CITY


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4. THERE ARE INNUMEROUS INDUSTRIES ANDBUSINESSES SET UP IN THE CITY.

SO IN SHORT DUE TO THE NUMBER OFBUSINESSES SET UP AND MUMBAI BEING ATOURIST ATTRACTION WE HAVE CHOSEN THISPLAN.

DUE TO THE AMOUNT OF BUSINESSES SET UPTHERE IS A NEED OF TRANSPORTATION OFCLIENTS AND EMPLOYEES FOR MEETINGS FORBUSINESS PROPOSALS ETC.


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ALSO FOR TOURIST WHO WANT TO EXPLORE THECITY.

DUE TO THE GROWING IMPORTANCE OF THECALL CENTRES, IT CAN ALSO BE USED FOR THE

PICK UP AND DROP SERVICES THEY PROVIDE. BUT OUR MAIN REASON TO START THE COMPANY

IS TO COMPETE WITH THE PUBLIC TRANSPORTAND GIVE THE PUBLIC A MORE ECONOMIC AND

LUXURIOUS WAY OF TRAVELLING THE CITY. THESE SERVICES CAN ALSO BE USED FOR SPECIAL

OCCASSIONS LIKE WEDDINGS ETC.


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WHAT WE PROVIDE IS SERVICES THAT THEPUBLIC CAN ENJOY AT A REASONABLE PRICE.

SERVICES OF PUBLIC TRANSPORT.

OPUR MAIN CRITERIA IS TO CMPETE WITHAUTO RICKSHAWS, CABS AND COOL CABS.

THE PROBLEMS THAT ARISE DUE TO FAULTYMETERS, PRICE HIKES, STRIKES OF TAXIS AND

AUTOS WILL ALL BE SOLVED BY THE SERVICESWE PROVIDE.


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MISSION STATEMENTTo serve the general public in a fair andhonest way.

VISION STATEMENT

To build the largest ground transportation

company and providing value for money.


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SR NO. SOURCE OF INCOME AMOUNT1. BANK (LOAN) 50,00,000

2. PROFIT EARNED FROM THE

COMPANY IN WHICH WEINVESTED

1,00,00,000

3. FROM FAMILY AND FRIENDS,RELATIVES, AND OTHERRELATIONS

1,00,00,000

4. SPONSORS LIKE THEGOVERNMENT 2,00,00,000

5. OTHER SPONSORS (COMPANIES)ADVERTISMENTS ON THE CARSETC.

2,00,00,000

6. TIE UPS WITH HOTELS 1,00,00,000

7. TIE UPS WITH OTHERCOMPANIES

1,00,00,000

TOTAL 8,50,00,000


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1. ADVERTISMENT: ADVERTISING THE COMPANY IN MAGAZINES,NEWSPAPERS, TELEVISION, RADIO, HOARDINGS ALL OVER THECITY ETC. -50 LAKHS

2. PURCHASE OF CARS: WE WILL PURCHASE CARS IN THE PRICERANGE OF 3 TO 5 LAKHS WE WILL USE 5 CRORES ON THIS.THUSWE WILL BE ABLE TO PURCHASE AROUND 110 CARS.

3. MAINTENANCE: AROUND 1 CRORE WILL BE USED IN THEMAINTENANCE OF THE CARS AND FOR FUELING THEM WTHCNG. THIS ALSO MEANS THAT WE ARE ENVIRONMENTALFRIENDLY.THE OTHER EXPENSES OF FUEL WILL BE TAKEN CAREOF FROM THEPROFITS EARNED.

4. INSURANCE: ALL THE CARS WILL BE INSURED FOR AROUND 1CRORE

5. LABOUR: ANOTHER 50 LAKHS WILL BE SPENT ON THE SALARIESOF THE DRIVERS AND THE MECHANICS. THERE ARE 50 DRIVERSAND 20 MECHANICS WORKING IN THE COMPANT.


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SR NO. REASON FOR EXPENDITURE AMOUNT

1. ADVERTISMENT 50,00,000

2. PURCHASE OF 110 CARS 5,00,00,000

3. MAINTENANCE + FUEL 1,00,00,000

4. INSURANCE 1,00,00,000

5. LABOUR 50,00,000

TOTAL 8,00,00,000


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PARTICULARS AMOUNT

INCOME 8,50,00,000

(-)EXPENSES 8,00,00,000

TOTAL 50,00,000


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OURCOMPANY AUTORICKSHAWSTAXIS COOLCABS COMPETITORS

STARTINGRATE

14 11 16 18 20

SUBSEQUENT KMWITH AC

2 1(WITHOUTAC)

3 3.50 4

WITHOUT

AC

0 0 1 1 1

TOTAL 16 12 19/17 21.50/19 24/21


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THE RATES OF THE CARS RENTED DEPEND UPON THE CARRENTED. IN CASE OF THE REGULAR CARS THE AVBOVE RATES APPLY. WE ALSO HAVE MEMBERSHIP AND DISCOUNTS AND LOYALTY

DISCOUNTS THE USE OF THE NEW E-METERS SO THAT THE CUSTOMERS

ARENT CHEATED. AS WE NOTICE FROM THE TABLE ABOVE THE FARES ARE VERY

WELL PRICED TO COMPETE WITH ALL. ITS A LITTLE HIGHER THAN THE AUTO RICKSHAWS BUT IT

PROVIDES AC AND IT CAN SEAT MORE PEOPLE. THERE IS ALSO A SHARING SERVICE AVAILABLE.

IT PRICED LOWER THAN BOTH THE COOL CABS AND THE TAXISAND IT GIVES BETTER FACILITIES LIKE AIR CONDITION ANDCOMFORT

IT ALSO PROVIDES MEMBERSHIP TO THE CUTOMERS WHO WANTTO TRAVEL BY OUR CARS.


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SR NO. SORCES OF INCOME AMOUNT

1. TIE UPS WITH HOTELSAND BUSINESSCOMPANIES

2,00,00,000

2. FROM CUSTOMERS

NORMAL FARE

8,00,00,000

3. SPONSORS 1,00,00,000

4. GOVERNMENT (AS WEHAVE SUBSTITUTEDMAINLY AUTOS)

50,00,000

5. MEMBERSHIP 5,00,00,000

TOTAL 16,50,00,000


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The targeted market is the common public.People who are facing problems because ofthe price hikes and the faulty meters.

It also targets the businessmen fortransportation services mainly client meetingsetc.

It is also used to meet the needs of the others

who want vehicles for touring the city.


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It will be located in Kalina only cause theprice of renting an office is cheap and itslocation is good. Its close to both thedomestic and international airport and it is

also evenly placed when it comes to the twomain stations like Kurla and Santacruz.

It has another advantage i.e. it can meet theneeds of the customers on both the centraland the western line.


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The use of mobile phones to communicate tothe drivers in case of any problems, anybreakdowns, accidents etc.

The customers will also be given a numberincase they have any problem with theservices provided with the driver or thecompany as whole.

Information about the driver will bementioned on a broucher in the car and thedriver will have to carry an identity card.


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Strengths: the strengths of our company will bethat we are the first company providing publictransport at such a low rate. To add to that weare not only providing services that the other

companies are providing we are also providingpublic transport, car renting services etc.

Weaknesses: the weaknesses are that there is alot of competition in the market already and the

are already at a position far ahead as comparedto us. To reach their level will take both time anda lot of financing.


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Opportunities; the opportunities for ourcompany is that there are a lot of problemsgoing on with the auto rickshaw and taxifares and meters and cause of the low pricewe can enter the market and do well.

Threaths ; the main threats are bankruptcy,competitors, and new entrants.


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We conclude our presentation saying that weneed to come up with smarter ideas to satisfythe consumers.

Remember products are meant to be sold andservices will be used by the consumer it onlydepend on what we do and how we do it.

The proper marketing of the services and the

right treatment of the customers is moreimportant.

Transportation Services 2003

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