© Copyright 2012 Oghomwen Ohenhen Oghomwen Ohenhen © Copyright 2012 Oghomwen Ohenhen Problem Ability to produce Inexpensive HD Aerial Photographs and Videos Useful For What? Professional Aerial Photography Search and Rescue Surveillance Inspection and Mapping Services Media Reporting Wild Fire Detection and Monitoring Aerial Real Estate Photography Aerial Chemical Testing and Analysis SMSA’s Rooftop Remote Chemical Sniffing Ability to build 100% Customizable Aerial Drones © Copyright 2012 Oghomwen Ohenhen How Does My Business Fill Society’s Needs © Copyright 2012 Oghomwen Ohenhen Description of Product Customizable Aerial Drones Including, but not limited to: Live Video Feed Flight Duration Lifting Capacity Responsiveness Structure Stability Autonomy Provides Quality Aerial Photos Online Ordering Quick and Convenient Ordering Remote Chemical Sniffing E.H. Fire Department © Copyright 2012 Oghomwen Ohenhen Business Model Definition of One Unit One Standard Drone Economics of One Unit $3,250.00 Selling Price $188.00 Cost of materials $35.00 Cost of labor Other variable costs $32.00 $250.00 Total COGS/ COSS $3,000.00 Contribution Margin Monthly Break Even Units $448.89 = .149 ≈ 1 unit $3,000.37 © Copyright 2012 Oghomwen Ohenhen Market Analysis Market Statistics Industry Name: Aerospace Products & Parts Manufacturing Annual Industry Sales: $175 Billion Description of Target Consumer Demographics Emergency Services Departments Private Detectives and Investigators Security Guards Law Enforcement Training Academies Psychographics Safety Conscious Geographics Initially Hartford County, Then Nationwide and Eventually Worldwide Target Market Size Total Departments of targeted geographic area 139,707 Amount of Departments in New England 6,477 Buying Patterns Willing to spend their money for the safety and good of society Market size # of FD and PD in Hartford County 115 © Copyright 2012 Oghomwen Ohenhen Promotion and Sales Live Demonstrations Loyalty Incentives Online Advertising and Marketing Social Media Trade Shows Press Releases Hartford Fire Dept. © Copyright 2012 Oghomwen Ohenhen Comp. Advantage Competition Quality Built to Specifications Best Prices Industry-Wide • Lack of Customization • Cost Prohibitive (Prices Start at $50,000) Dedication To Clients • Lack Professionalism • Not Committed to Customer Satisfaction • Lack of Customization © Copyright 2012 Oghomwen Ohenhen Qualifications 5+ years experience in designing and building electronics systems I have great sales and customer service skills I have connections to other knowledgeable people in the electronics industry © Copyright 2012 Oghomwen Ohenhen Sales Projections Total Units 33 Gross Revenue $107,250 Net Profit $79,441 Drones Sold 5 4 3 Drones Sold 2 1 0 Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec © Copyright 2012 Oghomwen Ohenhen Startup Funds Item Laptop Cell Phone Professional Website Inventory Paperwork for LLC DBA 250 Business Cards Why Needed Ordering and Bookkeeping Customer Communication Cost Pre-Owned Pre-Owned Customer Communication + Marketing Initial Production Run Business Forms East Hartford, CT Marketing Total Startup Expenditures $610.00 $600.00 $320.00 $25.00 $5.00 $1,560.00 Emergency Fund Reserve for Fixed Expenses $1,000.00 $1,350.00 Total Startup Investment $3,910.00 © Copyright 2012 Oghomwen Ohenhen We Appreciate Your Time and Thank You for Your Consideration Visit Us At: www.facebook.com/AerialDrones © Copyright 2012 Oghomwen Ohenhen