Running head: MANAGEMENT PROJECT Management Project Student Name University Name 1 MANAGEMENT PROJECT 2 Eco-Motors Limited Company Business Plan Element Executive Summary Company Description Market Analysis Competitive Analysis Management and Operations Venture Comment Eco-Motors limited company believes that alternative ecofriendly powered vehicles should be the main driver in reducing the global carbon footprint. Hence, the company’s vision is to promote environmental conservation and conscientiousness in the US transport system. Similarly, our mission will involve the sale and distribution of alternative powered vehicles in the US, particularly electric vehicles and be a market leader in enforcing environmental friendly transport means in the US. Eco-Motors limited company is an automotive dealership company that sells and distributes environmental-friendly and consumer-based vehicles in the US. The company aims to help in reducing the national carbon footprint in the US. The company ventures into a novel automotive market segment, which stands by our belief as well as a better world. The main customer-base targeted by the company includes environmentalist as well as the young generation. Moreover, a gradually increasing market will comprise of early adopters of green vehicles. The company will focus on increasing visibility, reliability, delivery, and eco-friendly features of the vehicle. Competition in the green automotive sector is low to moderate. This is mainly because most car dealerships stock very few environmental friendly cars for the public. As well, promotion of environmental friendly vehicles is still limited. Thus, the company shall be among the first companies in this market sector, which offers it an opportunity to distinctively position itself in the market. The company’s top management will be made up of the founder, me, and a team of 2 environmentalists, 2 business marketers, one procurement official and one business analysts. They will be evaluating company’s financial performance and developing strategic objectives and goals. The tactical team shall be made up three sales managers, who are environmentalists as well as with qualifications in business management. They will be managing daily sales operations and addressing customer feedback. The operational tier of employees will consist of sales representatives, who will be carrying out daily sales operation. MANAGEMENT PROJECT Marketing and Sales Financial Summary 3 In the first year, a small fleet of environmental friendly vehicles will be stocked, which will consist of one 2019 Tesla Model S, two 2019 Tesla Model 3, one Tesla Model X, one 2019 BMW i3, and one 2019 Chevrolet Bolt EV. The sales are expected to start slow and gradually increase as direct marketing strategies are extensively performed. Marketing channels will mainly involve social media advertising as well as use of various direct marketing strategies, such as e-mails. The company requires a capital fund amounting to 400, 000 US Dollars. The capital fund will cover the purchase of the fleet of environmental friendly vehicles as well as the total operation costs. A slow growth of profits is expected in the first half of the year and a maximum profit margin is expected during the summer season.