Electronic Labelling System Business Plan: Cost Reduction, ROI, and Technological Innovation for ELS Inc.

In this business plan we will discuss about electronic labelling system and below are the summaries point:- The electronic labelling system business plan focuses on reducing costs and achieving a high return on investment. The company, ELS Inc., offers a framework for remote cost tagging and aims to provide superior quality and popular brands through technological innovation. The business is owned by Kunal Aujayeb and his team and aims to incorporate the mission of innovation, reasonable pricing, and customer satisfaction.

electronic labelling system
business plan
[DATE]
[Company name]
[Company address]

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Contents
EXECUTIVE SUMMARY:................................................................................................................................2
INTRODUCTION TO COMPANY:...................................................................................................................3
COMPANY OWNERSHIP:..............................................................................................................................4
MISSION:.............................................................................................................................................4
VISION:................................................................................................................................................4
OBJECTIVES:.........................................................................................................................................4
Management:..............................................................................................................................................4
UNIQUENESS IN PRODUCT/ SERVICE: (THE INTEGRATED SOLUTION).........................................................5
Consulting services:.............................................................................................................................5
THE DESIGN PROCESS:.................................................................................................................................6
MARKETING STRATEGY................................................................................................................................6
Price:....................................................................................................................................................6
Promotion:...........................................................................................................................................7
People:.................................................................................................................................................7
Product:...............................................................................................................................................8
ADVERTISING STRATEGY:............................................................................................................................8
Local expansion:..................................................................................................................................8
Global expansion:................................................................................................................................8
SWOT ANALYSIS:.........................................................................................................................................9
Strengths:............................................................................................................................................9
Weakness:...........................................................................................................................................9
Opportunities:.....................................................................................................................................9
Threats:...............................................................................................................................................9
COMPETITIVE ADVANTAGE:................................................................................................................9
STRATEGIC PLANNING:..............................................................................................................................10
FINANCIAL ANALYSIS:................................................................................................................................10
Total startup expenses..........................................................................................................................12
RISKS AND CHALLENGES:...........................................................................................................................12
SOCIAL SUSTAINABILITY:...........................................................................................................................13
CONCLUSION:............................................................................................................................................13
APPENDIX:.................................................................................................................................................14

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REFRENCES:...............................................................................................................................................14
EXECUTIVE SUMMARY:
The purpose of writing this document is to build a stand-alone program whose capabilities will
reduce the cost of a sole proprietorship and achieve the next return on investment. This paper
provides detailed data of company “ELECTRONIC LABELING SYSTEM “and how it
started, along with financial analysis for the three years that are correlated over the long term
from 2022 to 2025. It contains Project break-even point and convergence of pros and cons. The
report outlines the company's approach to presentation, including advocacy, advancement and
evaluation, and maintainability measures, as well as efforts to become a greener organization.
Furthermore, it recognizes our competition, fast-paced innovation and change, natural problems
and how to manage or deal with these technology in a different manner. It occurs when ELS
plans to achieve its natural supportability goals and turning points. In addition, business
arrangements depict the company's methods and when and how trade resources are diverted.
Initially, there is investment is done by the owner of this whole business, the almost investment
is predicted as $1200, 000 and has got some funds and sponsorships for running this in an
effective way.

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INTRODUCTION TO COMPANY:
"ELS"Inc. Is a company that be will provided for items on racks and computer programs
running remote cost tags. Adopting a framework such as ELS would allow retailers to change the
cost of items from a central computer, rather than manually changing them on racks that require
nightly teams and are very laborious.
We Offer projects with upgraded highlights Unparalleled greater prominence in this developing
industry will encourage positioning ELS as a company of incredible quality, with popular brands
and projects through technological innovation, which will increase gaining significant exposure
to the industry Build the DTCS (digital technology capability system) brand personality within
the conceivable results of the project. It is designed to decentralize the Electronic Labeling
Framework ("ELS") to all major retailers and essential supply stores. This will earns
customers' respect by improving operational and workforce proficiency.
COMPANY OWNERSHIP:
 Company name: ELECRTONIC LABELING SYSTEM CORPORATION.
 Founder name: Kunal Aujayeb and His team
We own the trademark of “MOVE WITH TECHNOLOGY” that benefits in effectiveness,
efficiency and low cost retail change in retail system. Having all funding’s and starting cost,
we tend to incorporate this business as sole proprietorship business.
MISSION:
 To keep working on innovative products.
 To provide products at reasonable prices.
 To maintain profitability.
VISION:
The main goal of ELS is to build Change customers and by empowering them cost of their work
and provide their clients with an additional revenue stream enabling them to provide their
suppliers with advocacy management on cost tagging gadgets.

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OBJECTIVES:
 Trained and experienced owner and management.
 Keeping close contact to clients and customers.
 Founding long term relationship with them and build better reputation.
 Serving the needs and innovating the products.
 First mover, no direct competition.
 Targeted advertising.
Management:
When shaping an unused wanderer, there are a few different shapes that are accessible that must
be considered. Sometimes there are limited risk companies, mutual associations, and sole
proprietorships for property transactions. First, corporation will limit the liability of organizers
and long-term shareholders. This may be an excessive misrepresentation as most banks will not
fund small organizations without individual underwriters and if there are significant resources we
may need to seek to shape an isolated company to own those resources and use them as another
A way of leasing to DTCS to limit the company's risk.
The corporation will be based on:
 Centralized management style
 Operations will be covered or maintained on day-day basis
 There will be one boss system, where there may or can be many managers or sub-
ordinates for every department.
UNIQUENESS IN PRODUCT/ SERVICE: (THE INTEGRATED
SOLUTION)
We expect this gadget to eventually become ubiquitous on every store shelf in big discount
chains like Walmart, due to potential competing points of interest and the comfort of "ELS" for
customers. In the first two long-term operations of DTCS, we aim to create a notable client base
that will allow DTCS to create additional projects that extend into other retail sectors, while
joining our consulting management division to generate additional revenue over the long term.
The company will give high priority to these markets as it is able to change the cost of things in

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seconds, improve and consult management to arrange the implementation of the framework.
(Gernegroß, M., 2018).
The system is inserted and reported as they move, and they can also display true timing
information at the edge of the rack, playing a role in overseeing plan-o-gram compliance and
project mix benefits. The framework offers many other points of interest; such as using your ELS
as a special tool to attract project consideration and improve capture rates. Can promote progress
and network specials. Drive activity from your store to your web location or from your web
location to the edge of your rack. The ELS framework can indeed help workers quickly discover
suitable areas to store unused items or provide lucrative data that aids in making choices within
aisles, such as thing development or benefit advantage.
Consulting services:
During this whole process, the consultative service will be advertised to prospective and existing
clients on a legally binding basis to provide advice on the framework and implementation
methods before and after sending back. Such benefit advertising is expected to be a key
contributor to revenue development as part of a generally one-stop-shop arrangement
technology.
THE DESIGN PROCESS:
The process will work like:
Our Inventory Supervisor will supervise incoming shipments. All items will be tried out for a
short period of time before being sent to customers. Once a project is delivered from the
company's central station, an expert is dispatched to set it up along the chain's night shift. The
establishment of a personal store can be completed in two weeks. Customers will be on site
ready to learn how to solve basic problems and run ELS.

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MARKETING STRATEGY:
Price:
The price offered for this whole labeling system will be based on the amount of the products and
retail shops. Costs and compensation can remain the same when we use manufacturing hardware
in our counting work. By centering our target display, we have opted for a combination of cost-
led and customer-led estimates because our target onlookers are able and arranged to spend more
on quality merchandise.
Promotion:
We will be promoting our business through
 Social media
 Word of mouth
 Customer services
 By creating ads
 TV commercials

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 email-marketing
People:
The targeted people for our business are:
 Shop owners
 Retailers
 Youngsters who are able to start their own business
 Business people.
Product:
All characteristics are standardized, such as size, display screen, etc. Some features can be
customized upon request. Costs will turn into costs at the same time.
ADVERTISING STRATEGY:
Our strategy is based on our projects and our focus on onlooker groups. Our goal is to obtain
their unwavering quality in other similar products. Therefore, we need to advance our trade
efficiently and successfully. We need to highlight questions and concerns about our product and
technology and tell our customers how we understand their problems by offering our own

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products. The budget to promote our project will not exceed 5% of the total commercial budget,
as we can advance our business by telling many different parts and giving them a single
arrangement.
Local expansion:
ELS will first target its local companies including the SMEs. The management team anticipates
that one of these stores will be included in the DTCS program because of its characteristics and
short- and long-term preferences. As the management team deems high growth justified, the
company will leverage economies of scale to raise the regional boundaries of ad placement to
reduce acquired ads and capture a key share of ads. If the project effectively achieves the first
step, our administrative arrangement is to expand the business to nearby general stores such as
office stores. All other subtle elements will be checked through this record.
Global expansion:
The move into the global showcase is the latest step in ELS’s plans to move into advertising to
schedule growth and offer more items. In the field of global trade, ELS Management Group has
Remote control, competitive training and exercises in the labor coaching area. Conducting
showcase surveys in these countries will be a key component of their progress. Due to the
current existence of low-end forms of ELS frameworks, it is expected to grow and take a
significant share of the competitive market.

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SWOT ANALYSIS:
Strengths:
 First-mover advantage
 Low cost strategy
 Effective and efficient usage saves
time.
 Benefit to society.
Weakness:
 People may take time to incorporate
this idea in their business. But once
they get to understand this, they can
have many benefits.
Opportunities:
 Global expansion possible.
 Competition to Walmart and other
business
Threats:
 Risk of being first mover in market.
COMPETITIVE ADVANTAGE:
DTCS will be upgraded the item to a dynamic widget, distinguishing it from the existing item the
store uses in most markets. Apart from that, it is unique in global presentations comparing
competitors. The expected presentation of the ELS can basically be described as "huge".
Retailers are looking for electives for their paper cost labels i.e. time, work and cash gobble up,
but until recently the cost of labelling was considered an expensive VC return, so sole
proprietorships lose as much as respecting advice.
We selected large corporate retail chains and our direct or indirect competitors like Walmart, K-
Mart, Target, etc. Our most esteemed potential client is Walmart, a pioneer in its industry
segment, as a starting client will undertake our project because of its estimating, showcased
status and reputation. Walmart has about 4,500 stores in the United States 500 of which are
called "superstores." It's these superstores that were chosen to target us because it will enable
economies of scale in our costs, which could be huge for expanding the aisle boundaries in
advertising. But DTCS doesn't need to be subordinate to it, since it's a client. Other clients we
look at are K-Mart and Target because of their size and number of stores. Combining the store
counts of the three companies, DTCS has the potential to provide innovative services to the
10,000 stores it evaluates.

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STRATEGIC PLANNING:
FINANCIAL ANALYSIS:
When arranging to run a framework like ELS, some mechanical items should be put in for
maximum optimization of the project. These things include computer equipment, servers,
multifunctional display gadgets, infrared collectors and transmitters. (Xinyao, 2021).
The hardware cost of leasing the required manufacturing machines will increase by 5% per year.
Additionally, there is an annual maintenance fee of $1,000 for contracted hardware, which
doesn't increase every year, all things considered. Employee compensation and all rental
expenses are included in common and authoritative costs. All desires and numbers are based on
the slightest desired outcome. Our break-even survey indicated that we had to deliver. Which
equated in sales. Agree with our pros and cons explanation, we will hit breakeven in the 2023-
2026 currency year.
WHERE ARE WE NOW?
startup business
no customer yet
lauch soon
WHERE DO WE WANT TO BE?
loal expansion
global expansion
HOW CAN WE GET THERE?
invested in this innovation idea
managing employees
review financing

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Additional Requirements: -
 Ensure Operation Repeats Equipment
 Establish procurement options for equipment/software
 Determine transmission capacity operational measures for capacity planning.
 Organizational infrastructure
 Programming expertise set
Startup cost:
The start-up expenses include equipment and machinery cost, rent, marketing and advertising
cost, electricity bills, purchasing cost of all the machines and software’s, employees’ salaries and
packaging cost. All costs shall be borne by the owner. He has invested his savings of $1200, 000
to incorporate the business.
Long term assets $200,000
Computer machines $25000
software’s $100,000
transformer $50,000
other equipment’s $25000
Short term assets $15, 000
Cupboards $5000
Keyboards and CPUS $10,000
START-UP REQUIREMENT:
Rent $5000
Advertising $25000
Employee salaries $120,000
Packaging $20000
Legal $10,000

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Other $50,000
Total startup expenses 230,000
Forecasting for profit and loss statement:
Year 1 Year 2 Year 3
What is your selling price per unit? (A) 50 25 25
What is your cost price per unit? (X) FIS 50 70 70
Your forecast number of products sold? (Y) 100 120 120
Sales Revenue [J] (To calculate = A x Y) 5000 3000 3000
Less: sales returns and allowances (estimate 2-3%) 3% 3% 4%
Net sales 1500 900 1200
Cost of good sold
Inventory 1 July 2020 (V) 1200 1300 500
Purchases (W) (X x Quantity purchased) 1500 1500 1200
Goods available for sale (V + W) 2700 2800 2700
Less inventory 30 June 2021 (Goods avail - (X x Y) ) 2300 5600 5700
Net Cost of goods sold [ K : Line 16 - Line 17] 400 2800 3000
Gross Profit (Net sales-K) 4600 2800 2700
Operating Expenses
Total Sales and Marketing Expenses [M] 1000 2000 3000
Total General and Administrative Expenses [O] 2000 1000 1000
Other Operating Expenses [P] 2000 1000 1000
Total operating expenses [M + O + P] 5000 4000 5000
Operating Income [Gross Profit - Total Operating Expenses] 3600 2200 2700
Financing/interest expenses 4000 4000 4000
Income before income tax [Operating Income - financing/interest expenses ] 1000 1000 1000
Estimated Income Tax [T] 10% 10% 10%
Net Profit after taxes [Income before income tax - estimated income tax] 3000 4000 6000
RISKS AND CHALLENGES:
Some grocery stores change the cost of more than 4,000 items a week, a handle. This will take
up some of the man-hours. So when cost trump records change, the ELS is overhauled, allowing
reps to take care of clients instead of overseeing file names. Progress and estimates may
currently be time and occasion driven; react immediately to competing estimates, or take
advantage of suppliers to reduce losses and pass reserve funds to customers. Essentially, it
reduces the acquisition of duplication cost tags and places them on the shelf below what they

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expect. The ELS will be a uniform cost label that can be placed under anything and modified to
include that thing on its (LCD) liquid crystal display. The framework will also provide source
information, which can be aligned with the registration framework in order to provide an idea of
when a customer purchased an item and the cost of that item when buying it.
On the other hand, DTCS and ELS also have some challenges. Disappointment at fully realizing
the benefits of modern gadgets may scare future wandering capitalists. Impair the validity of all
contained and future business conceivable results. Bringing a gadget into the ad at a higher cost
than the base cost can put a real strain on the money-related benefits of unused homeless (e.g.
DTCS).
SOCIAL SUSTAINABILITY:
 A whole-of-society development framework will be served a collective societal purpose
promoting overall maintainability, rather than generating private returns and externalizing
social and natural costs.
 The idea addresses outcomes and impacts of innovation.
 Good progressive governance enables citizens and social order to meet dire challenges by
expanding interest and engagement through their choices and activities not what they
buy.

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CONCLUSION:
ELS is one of the modern way or technology to be used in businesses, it will lead the retailers
and businessmen to have some great exposure to technology. DTCS will be an electronic naming
framework-driven professional engineer for major retailers and grocery stores within a year.
DTCS will give high priority to these markets as it is able to change the cost of things in seconds,
improve and consult management to arrange the implementation of the framework. (Xinyao,
2021).
APPENDIX:
Income statements:

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Graphs:

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