Business Plan for AIRO X20: Flying Car for Door-to-Door Transportation

Running head: BUSINESS PLAN
Business Plan
Name of the Student
Name of the University
Author’s Note

2BUSINESS PLAN
Table of Contents
1. The Business................................................................................................................................3
1.1 Business Type............................................................................................................................3
1.2 Business Problem.......................................................................................................................5
1.3 Business Solution and Business Name......................................................................................5
1.4 Service.......................................................................................................................................6
2.0 The Market.................................................................................................................................6
2.1 Target Market............................................................................................................................6
2.2 Marketing Strategy....................................................................................................................7
3.0 The Future..................................................................................................................................8
3.1 Vision Statement........................................................................................................................8
3.2 Goals and Objectives.................................................................................................................8
4.0 The Finances..............................................................................................................................9
Conclusion:....................................................................................................................................11
References:....................................................................................................................................13

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New Business venture: Flying Car, AIRO X20
1. The Business
Before launching a new business in market, an effective and planned business plan plays
a significant role. A proper business plan is the core map, which directs the executives towards
reaching peak of success. This very specific study has provided detailed overview about business
problem, business industry, product types and its necessary target market. The target market
strategy will also be implemented in this very specific study. In addition, three years of revenue
plan will be made in order to make the business plan successful.
1.1 Business Type
As per business overview of last five years in automobile industry, Australia is
experiencing enormous growth. In quest of maintaining door-to-door transpiration system
numerous business brands are using air vehicles to make the entire shipping method quick and
systematic (Kotler, Harker & Brennan, 2015). In order to render a new revolution of automobile
industry in the market of Australia the business experts plan to launch AIRO X20. AIRO X20 is
a type of personalised air vehicle, which can provide necessary goods and services to the
doorstep of consumers. This air vehicle can fly up to 500 miles at the highest speed of 200 mph.

4BUSINESS PLAN
The vehicle is constituted with hybrid-electronic motors, sufficient luggage storage with
upgraded seats and seat belts (Bagautdinova et al., 2012). The vehicle is also constituted with
rear-view camera with a brief burst of extra power while flying. The aircraft is surrounded with
fold-out wings along with fix landing gear. The motors allow in moving from vertical to
horizontal position.
After the emergence of air vehicles, the business experts belonging to the market of
Australia would not have to face challenges in delivering their products and services to the
proper destinations.