Business Plan for Prin Ex 6D Printer

Entrepreneurship &
Entrepreneurial
Management

TOC
Table of Contents
INTRODUCTION...........................................................................................................................1
Business Plan ..................................................................................................................................1
Executive summary................................................................................................................1
Background.............................................................................................................................1
Key Personnel.........................................................................................................................2
Key managers ........................................................................................................................5
Operations...............................................................................................................................8
Marketing ..............................................................................................................................9
Financial plan.......................................................................................................................12
Conclusion ....................................................................................................................................13

INTRODUCTION
The business plan is said to be a structures and systematic course of action that determines all the
major steps and stages that are needed to be accomplished within set boundaries of business
enterprises. The business plan is an effective framework that guides a company for executing
new or existing tasks. The need of business plan arises time to time in several conditions that
could be introducing new offerings in the market, product or brand development, expanding the
business in to new parameters of operations. The respective project is formed on the basis of
development of an existing 3D printer. That would be introduced with certain ne3w technologies
under the name of Prin ex 6D printer. The plan of business will be designed on the dimensions
of said company and its new product launch. The major element on which this project will be
designed are the executive summary about product and company, its background, key personals,
operations, marketing and financial plan.
Business Plan
The business plan will be prepared and designed significantly for the development of Prin
Ex printer. This product will provide a distinctive service to the customers as it has all the new
features that would fulfill the market gap.
Executive summary
The company that is launching a revolutionary product in the electronic and digital
markets is well renowned organization of United Kingdoms and it is wide popular with the name
of Prin Sole. The company here provides a brief summary about its overall business plan. This
plan will check and evaluate the background of the organization to identify the most appropriate
measures of performance. This will be analyzed through the mission, vision and objectives of the
organization. The another factors that will involve the work force of respective company will be
key personnel and key mangers they will directly impact on the success or failure of the product.
Lastly but not the least all the important element of marketing and financing will be discussed in
the project
Background
The company has a quite distinctive approach inn the respective market share that
enables it to give tough response to its rival firms. The firm is on a way to fill the technological
gap in the industry of print and digital media. This will all become possible with its futuristic

product named as the Prin Ex printers. This printer will provide an extensive service of printing
the elements in a 6 dimensional view. The mission , vision and objectives of the firm will help in
to determining the successive rate of this product in to the national as well as international
markets. As there are higher chances of global success of company through this product.
Therefore all theses elements of comapny are elaborated as follows :-
Mission
Prin Sole company wants to introduce such an outstanding technology in priter segment.
By introducing the 6 dimensional printing interface.
Vision
The long term vision of the company is to become the lading company in the sector of
digital and electronic appliances. It does also want to employ its busies in the untapped sections
of market and expanding its business on to a global level . The vision of the company also
comprises of extensive rate of return on the early investment. Along with all these vision motives
the organisation seeks to build its significant position in the consumer shares of educational and
industrial backgrounds.
Objectives (SMART)
The basic objectives of the company are discussed in the above mentioned paragraphs. In
addition to that this segment will contain major elements of the goals and objective of Prin Sole
that will be discussed below. Thus the SMART element is combined of specific, measurable,
Attainable, Relevant, and Time-Bound forces. That enables the organization to specifically
measure its future as well as current outcomes with the previously determined smart objective.
The following objective of Prin Sole . is to enhance its sale by 50% in the upcoming sale
season. This sale will also include the transaction of Prin Ex 6 D printers. The other smart
objective
Key Personnel
The management team within a company is wholly responsible to manage the
overall workings and operations of respective teams. The management team is the foundation
structure to all the other subsidiaries in a company . Different different fields of operations in the
organisation is accountable to do their assigned tasks and that is the duty of the management
team to get that task done on specifically given time. The management team of Prin Sole helps in
building up of the effective and efficient frame work of operations. The management team in the