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

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Added on  2023-06-19

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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: Cost Reduction, ROI, and Technological Innovation for ELS Inc.

   Added on 2023-06-19

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Electronic Labelling System Business Plan: Cost Reduction, ROI, and Technological Innovation for ELS Inc._1
1
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
Electronic Labelling System Business Plan: Cost Reduction, ROI, and Technological Innovation for ELS Inc._2
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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.
Electronic Labelling System Business Plan: Cost Reduction, ROI, and Technological Innovation for ELS Inc._3
3
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.
Electronic Labelling System Business Plan: Cost Reduction, ROI, and Technological Innovation for ELS Inc._4

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