Finance Summary: Arsh.S Transport Business Plan Analysis Report

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This report presents a comprehensive finance summary of a transport business plan for Arsh.S Transport, a company based in Alice Spring offering transport services worldwide. The report includes an executive summary outlining the business idea, company management, competitive landscape, and strategic objectives. It also delves into the company's values and core principles. Furthermore, the report provides a detailed market analysis, identifying customer needs and target markets, and an industry analysis, considering profit margins and manpower dependencies. The conclusion emphasizes the importance of a business plan in evaluating the financial and non-financial aspects of the business, providing a clear understanding of its profitability. The report references several books and journals related to transport and business planning.
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FINANCE
SUMMARY
PRESENTATION
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Contents
INTRODUCTION...........................................................................................................................3
TASK...............................................................................................................................................3
Business Idea Development:............................................................................................................3
Executive Summary................................................................................................................3
Company and its Management...............................................................................................3
Competitive Landscape..........................................................................................................4
Strategic Objectives................................................................................................................4
Values.....................................................................................................................................4
Business Plan:..................................................................................................................................5
Market Analysis:....................................................................................................................5
Industry Analysis:...................................................................................................................5
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8
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INTRODUCTION
Business plan is the detailed document which contains the objective of company and
explains the procedure to achieve the same in detailed and structured manner. This shows the
written roadmap regarding for the enterprise from the point of view of marketing, financial, and
operational standpoint.
TASK
Business Idea Development:
Executive Summary
The business idea mentioned in this report is a transport company which is named as Arsh.S
Transport which is having its headquarter in Alice Spring. The business operations of the
company are Australia worldwide which would enable their clients to avail their services
anywhere easily. Not only the offline services but also they are offering online services too
which would enable multiple users to access their portal on time in order to obtain their services.
With the availability of online facility this would turn out to be the successful point for their
organisation as online market is the transport business with such wider range of services are not
being provided by any other competitors at this point of time (Stamelou, Genitsaris, and
Naniopoulos, 2018).
Company and its Management
The ownership and management of AS transport are being in the hands of their Chief Executive
Officer. The other members of the management team will work under them in their supervision
such as chief financial officer, chief transport officer etc. The middle and lower level
management of the organisation work under their departmental heads such as supervisor and
these departments are being divided into various categories such as business analytics,
engineering, implementation, and training department for the newly recruited employees. In
order to build customer base, they need to run professionally so that they could develop and
sustain their business model in the proper manner. Further the business needs to adopt and
obtained the license in order to carry out them activates and as engaged in transport business
various compliance needs to be fulfil along with insurance as it involves human being as their
customer to provide services and therefore it is essential to consider the accident clause.
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Competitive Landscape
It is essential for their business to identify their direct and indirect customer who can humper
their functioning and revenues in short and longer period of time. In transport business there is
deep competition and therefore they need to update themselves with the regular course of
interval in terms of technological changes in the vehicle they are using to provide their services
is essential. This factor is important because their vehicle running cost plays the vital role in the
success and failure of their business model and if they could curtain down their cost at the lower
end them they could generate much profits in their business (Endo, 2020).
Strategic Objectives
The strategic objective of Arsh.s Transport is to become the leader in their segment by regularly
offering smooth services to their customer with affordable prices so that people can consider
their services as the best alternate when they need them as and when necessary. Their vision is to
train their staff and management personnel in such a way that they could primary think of their
customer at the time of any kind of emergency instead of their own life so that trust relationship
and loyalty could be built in the organisation towards each other.
Values
The core values of Arsh.s Transport is based on the following principle mentioned below:
Sustain excellence in staffing and training & assessment.
Promotion of innovation across all the business operations.
Being collaborative and caring community.
Embrace difference and diversity (Galende, Pardo, and García, 2019).
Demonstrate the test of integrity and honesty along with providing equal opportunity in
all the activities that are being performed.
Operating the business operations with accountability and honesty
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Business Plan:
Market Analysis:
The market analysis shows that the need of transport business is to classify their segments and
services in depth manner so that they could easily segregate their customer base they need to
serve. The marketing strategies shows the groundwork of marketing and sales plan made by the
corporation. The market analysis consists of three factors which are mentioned below:
Identification of needs of customer:
Arsh.s Transport need to maintain their focus towards the customer need and how could
they serve better to them against the competitors in order to survive the competition.
Special attention must be given to those who are aged below 50 years by offering them
special offer in terms of fares charged so that trust could be built amongst them regarding
the company (Sorelle, 2019). Customer feedback must be considered on priority basis
and they need to be implemented on immediate effect on the business model so that the
transport services offered by them must be regularly improved over the period of time.
Target market and audience for the business:
It is the process of identifying the customer needs consider price charged and price
willing to pay and the point at which both parties are agreed is essential. The target
customer could be of any age group at they are offering their vehicle to them to serve
therefore they could target any age group easily providing comfort to them along with
price relaxation. They need to improve time management also in order to gains customer
confidence, the system or process they are using must be equipped with latest technology
application so that time gap between booking the Cab service or arrival of Cab for pick
up could be kept as minimum as possible.
Industry Analysis:
The industry analysis relates to those areas which gives an idea relating to characteristics of the
industry in which the corporation operates. The profit margin is low in case of transport business
as they are directly working on saving of fuel. They could not charge higher amount of fares as
they could not able to retain customers. Therefore, in order to gain profits, they need to expand
their business in various other segments too. Since their business is solely dependent on
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manpower or drivers to run the vehicle and if their monetary are not fulfilled then they could not
service in long run (Denzel, 2022).
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CONCLUSION
Business plan is essential in order to evaluate the direction of business in the form of report.
This will provide direction in the form of financial and non-financial aspect which gives clear
understanding that whether it is profitable to carry out such business or not. The above report
summary of transport business plan which includes detained analysis of market and customer
which needs to be targeted in order to generate profit.
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REFERENCES
Books and Journals
Stamelou, A., Genitsaris, E., and Naniopoulos, A., 2018, May. Investigating potential synergies
among social entrepreneurship and public transport through experts’ consultation in
Greece. In Conference on Sustainable Urban Mobility (pp. 496-503). Springer, Cham.
Endo, K., 2020. Kenya-North Eastern Transport Improvement Project: Resettlement Plan (Vol.
2): Reviewing and Updating of the Resettlement Action Plan for Upgrading to Bitumen
Standards of Modogashe-Samatar-Wajir Road.
Galende, H.V., Pardo, M.L.E. and García, C.P., 2019. Smart cities: can business improvement
districts reduce the environmental footprint of urban areas? In Environmental Fiscal
Challenges for Cities and Transport. Edward Elgar Publishing.
Sorelle, R., 2019. News: ET3 Could Revolutionize EMS Transport.
Denzel, M.A., 2022. An Entrepôt in the North–Hamburg as a Centre of Maritime Trade and
Transport. In The Hamburg Marine Insurance, 1736–1859 (pp. 46-72). Brill.
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