Download - Bike Modification
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Name : Rohit kumarRoll : G06136
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What made me to Start This Business…??
• Just to do something different !
• Creative ideas that would fetch results !
• Analyzed that buying race bikes are expensive and people cannot afford it.
• Could sell the Imported spare parts
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www.xtreme-creations.com
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VISION
To become the most preferred and trusted company for their products and services that enhances the experience and feel of driving….
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MISSION
• To Provide best Quality of service
• Entire work done as per customer needs
• Determine what kinds of Upgrades are Possible.
• Provide best Possible affordable rates.
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Location
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Organizational structure
Supervisor
Service team Maintenance
AccountantDesigner
Owner
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COMPETITORS
• KBW Customizers
• Gabriel Motorcycles
• Donkiz Moto
• Dream Riders
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COMPETITIVE ADVANTAGES
• International bike components
• Use of modernized equipment's
• Multiple services
• Exclusive designers
• Documented warranty
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Strengths
Threats
Weakness
Opportunities
Youngster’s increasing demand
Less number of competitors
Modernized bikes from bike companies
Legal issues
Stolen bikes
Unsatisfied customers
Unavailability of required partsFast delivery
Satisfied customers
Genuine international products
Warranted works
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MARKET ANALYSIS
• Market Research• Promotion• Target Customers• Distribution• Quality
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MARKET RESEARCH
• Meeting with existing shop owners.
• Peoples opinion.
• Online surveys on social networking sites
• Expert suggestions.
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PROMOTION
• Through newspaper Advertisement
• Pamphlets
• Promotion at public places.
• Mouth Publicity
• Social networking sites.
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TARGET CUSTOMERS
• Teenagers are the ones who are passionate about modified Bikes.
• College Students- Main customers.
• Preferred by 18 – 22 years old people mostly.
• The second category is 22-30 years old.
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DISTRIBUTION
Static Distribution
Customers needs to come to showroom and get the work done according to their requirement…
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QUALITY
• Well assured quality by using products that are available in international market
• Services will be having 3-6 months warranty.
• Experienced and skilled mechanics
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FINANCIAL ANALYSIS
• Startup Cost• Fixed Cost• Variable Cost• Breakeven Analysis
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PARTICULARS COST/-
Deposit Rs.6,00,000/-
Machine Rs.15,00,000/-
REGISTRATION & License Rs.1,50,800/-
Interior works Rs.6,00,000/-
Advertisement & Promotion Rs.15,00,000/-
Others Rs.7,00,000/-
Total Rs.44,80,800/-
Start Up Cost
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Particulars Cost.
RENT Rs.60,000/-
ELECTRICITY Rs.15,000/-
SALARY Rs.1,20,000/-
MAINTENANCE COST Rs.30,000/-
INSURANCE& TAX Rs.25,000/-
ADVERTISEMENT 1,50,000
WATER SUPPLY Rs.7000/-
Total Rs.4,07,000/-
Fixed Cost
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Particulars Cost.
FREE SERVICES Rs.6,000/-
Paint Rs.50,000/-
PROMOTIONAL EVENTS Rs.80,000/-
Parts & Accessories Rs.5,50,000/-
Lubricants and miscellaneous 10,000
Tools and tackles 12,000
Total Rs.7,08,000 /-
Variable Cost
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Description Cost
Fixed cost Rs 4,07,000
Variable cost Rs. 7,08,000
Total Cost Rs. 11,15,000
Financial summary
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• Small scale works – 300Nos 100 Rs each Rs 30,000
• Water Servicing – 60Nos 100 Rs eachRs 60,000
• Basic Modification – 120Nos 1000 Rs each Rs 1,20,000
• Painting Works - 30Nos 5000 Rs eachRs 1,50,000
• Advanced Modification – 15Nos 50,000 Rs each Rs 7,50,000
• Total Alteration – 2Nos 2,00,000 Rs each Rs 4,00,000
TOTAL NO.- 527TOTAL COST – Rs 14,56,000
ASSUMPTIONS MADE
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BREAK EVEN ANALYSIS
SELLING PRICE/UNIT- Rs 2763VARIABLE COST/UNIT- Rs 1344
G.P/UNIT=SP/U –VC/U = 1419 BEP= FC/(GP/U) = 280Nos.
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Funding
• Self
• IDBI BANK
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ROAD LOOKS WEIRD WITHOUT BIKES