INNOTECH

Company profile
Innotech is a new company opened
recently in Pakistan by young
entrepreneurs
INNOTECH =
(INNOVATION+TECHNOLOGY)
It is headquartered in ISLAMABAD.

MISSION & VISION

Mission
To bring innovation in daily life of
consumer with the help of new
technology
Vision
We will be first choice brand to provide
innovative quality products and sustain
profitable growth by providing best
customer experience

Objective

Reduce cost of production to give a better

pricing to our customers
Introducing new products into existing markets
Boost sales
To maximize our shareholders wealth
To build a relationship with our customers
through Total Customer Satisfaction
To deliver safe and comfortable products to our
customers

STRATEGY
To develop new innovative ideas
sooner and see blind spots faster
We will run the innovative product
development and technology
development process in separate but
parallel tracks.
Interaction of 2 process will result in
TTM
Cost effectiveness

PRODUCT LINE

Budgeting

Budgeting
Budgeting is critical part of any business
plan.
Budgeting is divided into different
categories
Development
Production
Promotion
Contingency Budget
Total Budget

Budgeting
we will require proper machinery to
produce balloon car jack
land to install our machinery.
material like PVC coating, woven
cloth, exhaust fitting pipe etc.

budgeting
Advertisement will be done for
promotion.
There will be some amount reserved as
contingency budget.
After analyzing all these aspects we will
be deciding our total budget to initiate
this project.

budgeting
In our project budgeting will come
from both personal and banking
finance.
Machinery for production would be
from banking finance.

While material, land rent and packing

etc. will be done by personal finance.

budgeting
Expected costs:

Material = 232 million per month

Machinery= 3 million per month
Packaging= 3 million per month
Advertising=2 million per month

Expected cost
Rent= .5 million per month
Employees salaries= 3 million per
month
Freight= 0.5 million per month
Miscellaneous = 1 million per month
Total cost = 245 million

Time frame of project

lease
Acquiring
It will take 1-2 months
land
Machinery
installation

Employee
hiring

It will take about 2-3 months

It will take further 1 month

Time frame of project

First batch will be available in few
days after starting of operation.
It will take minimum 6 months to
start and product to reach market.

Profitability
Expected profit will be 25 to 35
million (2.5-3.5 core) monthly.
this business plan is profitable
We will be able to pay bank loan and
overcome all expenses in after 1 year
of production.