BUSINESS PLAN (AL AHAD IT SOLUTION)
BUSINESS PLAN
AL AHAD IT SOLUTION
Submitted to
Owener’s Signature
Submission Date
JANUARY 2021
AL AHAD IT SOLUTION : JAN 2021
BUSINESS PLAN (AL AHAD IT SOLUTION)
Table of Contents
1.
EXECUTIVE SUMMARY ............................................................................................................................... 3
2.
COMPANY PROFILE .................................................................................................................................... 4
3.
ENVIRONMENTAL INDUSTRY ANALYSIS ..................................................................................................... 4
4.
DESCRIPTION OF VENTURE ........................................................................................................................ 4
5.
OPERATIONS AND SERVICE PLAN .............................................................................................................. 5
6.
MARKETING PLAN ...................................................................................................................................... 5
7.
ORGANIZATION PLAN ................................................................................................................................ 5
8.
FINANCIAL PLAN......................................................................................................................................... 7
AL AHAD IT SOLUTION : JAN 2021
BUSINESS PLAN (AL AHAD IT SOLUTION)
EXECUTIVE SUMMARY
1.
Al Ahad IT Solution established in year 2020 in Abu Dhabi where the opportunities are enormous in
IT sector. AL Ahad established to provide IT solutions specifically;
o
Network websites designing
o
Information technology consultancy
These activities registered to enter into Abu Dhabi IT sector as the company established to serve
and explore IT opportunities in Abu Dhabi. In 2021 Al Ahad determined to register in other states
also to diversify and serve UAE in IT sector. Performance of Al Ahad in 2021 as a new company
considered to be satisfactory where the space is still there to improve and attain targets where more
activities to be introduced in 2021.
Business effected due to the outbreak of the Covid19 pandemic. COVID Action Platform on national
level provides useful information on the latest strategic trends regarding COVID-19 implications for
businesses.
Al Ahad insights on handling coronavirus by businesses and strategies for effective response and
resilience.
Al Ahad targets the UAE IT sector in 2021 and projections are to retain the business opportunities
and revenues to be increased by 2.5 Million in 2021,
Al Ahad has a competitive advantage as its belong to a young Emirati and can boost and contribute
in progress of United Arab Emirates as per Vision 2030.
Profitability margin will be 20% for Al Ahad in 2021.
Al Ahad will develop a website in 2021.
Al Ahad will also include the activity of import & export in IT products and services.
Management Team consist of;
o
MANSOOR ALSAYEDALI ALSAYEDMOHAMED ALNOWAIS
o
abc
AL AHAD IT SOLUTION : JAN 2021
BUSINESS PLAN (AL AHAD IT SOLUTION)
COMPANY PROFILE
2.
Company Name:
o
AL AHAD IT SOLUTION
Company Logo:
3.
ENVIRONMENTAL INDUSTRY ANALYSIS
IT sector is in trend in UAE and have great opportunities ahead in this sector. It sbeen predicted to
enhance the role of IT in UAE as the trand of Artificial Intelegence is increasing through out the world.
Pandemic COVID 19 scenario is the major factor affecting market where more online services
introduces throughout UAE.
Market trends towards remote services. Key technologies evolves and existing and new competitor
are vigilant.
4.
DESCRIPTION OF VENTURE
▪
Milestones:
•
Built team as per project requirements
•
Business development
•
Projects on time
•
Customer acquisition. Invoices on time
•
Breakeven in 9 months
•
Cash flow positive
•
Funding
AL AHAD IT SOLUTION : JAN 2021
BUSINESS PLAN (AL AHAD IT SOLUTION)
OPERATIONS AND SERVICE PLAN
5.
o
Facilities and improvements:
▪ Abu Dhabi, will diversify
▪ Office space(s) – Abu Dhabi
▪ Timing – 8 hrs
o
o
Machinery and other capital equipment:
▪
Computer
▪
Projector
Future capital needs: (Furniture and fixtures, Rents)
▪
Timing – within 2 Months
▪
Cost - TBD
o Operating cycle:
o
o
▪
Project requirement
▪
Quality control, service control, inventory control
Strategy and plans:
▪
Customer Relationship policy
▪
Subcontractors and/or suppliers
Regulatory and legal issues
MARKETING PLAN
6.
•
•
Website to be established
ISO standards 9001, 14001, 45001 & 27001
ORGANIZATION PLAN
7.
o
Organization
•
AL AHAD IT SOLUTION : JAN 2021
BUSINESS PLAN (AL AHAD IT SOLUTION)
Key Management Roles
o
Key Management Personnel
Names & Positions
o
Name
Duties & Responsibilities
Management Compensation and Ownership
Names & Positions
Monthly salary
Share
Benefits
AL AHAD IT SOLUTION : JAN 2021
BUSINESS PLAN (AL AHAD IT SOLUTION)
FINANCIAL PLAN
8.
o
Start-up Cost
AL AHAD IT SOLUTION : JAN 2021
BUSINESS PLAN (AL AHAD IT SOLUTION)
o
Working Capital
AL AHAD IT SOLUTION : JAN 2021
BUSINESS PLAN (AL AHAD IT SOLUTION)
o
Start-up Capital and Financing
o
Cash Flow Statement
▪
▪
▪
▪
Cash inflows – the projected amount of cash flowing into the company.
Cash outflows – the projected amount of cash flowing out of the company.
Cash deficit or surplus – the difference between cash inflows and cash outflows.
Cash position – the beginning and ending cash balances for a particular period.
AL AHAD IT SOLUTION : JAN 2021
BUSINESS PLAN (AL AHAD IT SOLUTION)
o
Income Statement
▪
▪
▪
Cost of good manufactured (services cost)
Gross profit
Net profit
AL AHAD IT SOLUTION : JAN 2021
BUSINESS PLAN (AL AHAD IT SOLUTION)
o
8.
Balance Sheet
PROJECT MILESTONES
Activities
Deadlines
AL AHAD IT SOLUTION : JAN 2021