Auto Instant Services: A Business Concept for Auto Repair in London

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Desklib provides past papers and solved assignments for students. This document details a business plan for Auto Instant Services.
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Business Concept Of Auto Instant
Services
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INTRODUCTION
Developing a unique business concept is crucial
for every entrepreneur who wants to start a new
venture. Auto Instant Services is an auto service
garage situated in East London is going to start
their new venture across London. This service
Centre focuses on automobile repair by auto
mechanics and technicians.
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KEY COMPONENTS OF NEW
VENTURE PROPOSAL
Rationale of the Business Concept
Auto Instant Service has decided to maximize the customer
experience with:
Making long term customer relationship
Offering high quality and fast service
High level of customer satisfaction
Building effective communication with the customers
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CONTD..
Mission and vision
The mission of Auto Instant
Service is to deliver high
quality and convenient auto
repair service at a pocket
friendly price. Therefore,
their vision is to meet the
needs of current market
along with maintain the
standard of service.
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COMPONENTS OF SURVEY
Customer
Competitors
Segmentation
Market positioning
Suppliers
Pricing
Promotion
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BUSINESS GOALS
Busine
ss
goals
Objective 1:
Year 1: Rvenue
will be increased
up to 178.67
Total staffs-10000
Objective 2:
Year 2: Revenue
will be increased
up to 213.90
Market expansion
by 15%
satffs-25000
Objective 3:
Year 3
Revenue will be
increased upto
225.98
market share by
20%
Staffs 30000
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CONCLUSION
From this entire study the significance of the
business concept is analyzed in the context of
Auto Instant Service. However, there are some
loopholes in the original business idea, which
will be improved in the next business concept.
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References
McKeever, M., 2016. How to write a business
plan. Nolo.
Protogerou, M. and Πρωτόγερου, Μ., 2019.
Strategic management based on employee
motivation: the case of a car spare parts family
business.
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