Got a tricky question? Receive an answer from students like you! Try us!

Business Plan to Sell Oil Rigs in MENA Region - Essay Example

Only on StudentShare
High school
Author : millermay
Essay
Marketing
Pages 4 (1004 words)

Summary

Business plan to sell oil rigs in MENA region Table of Contents 1.Introduction 3 2.Product Feature and its Advtantage 3 3.Company Description and Formation 4 4.Market Analysis and Target Market 4 5.Revenue/Cost analysis 5 6.Timeline 6 7.Conclusion 6 Reference 8 1…

Extract of sample
Business Plan to Sell Oil Rigs in MENA Region

However, the success rate of a new business is expected remain high, if entrepreneurs is able to develop a realistic and achievable business plan by analysing and assessing the associated risk and by framing a set of effective and plausible strategies. This paper will present a brief business that will include product and company features, market and cost analysis with project timeline of the start up business. 2. Product Feature and its Advtantage The product is the start business is the oil rig machines which are basically a drilling machine to explore the underground oil and natural gas. These machines are huge in size that creates hole within the Earth. Oil rigs are installed and used at site where oil is supposed o deposited under the ground. Generally, the oil rigging machines are available in different sizes run by any of the one power system i.e. diesel engines or electrical generators. The oil rig offered by the new start up venture will be very help for the oil exploring companies as it will be able to run on both types of power system in accordance to the available resources. Besides, its new technology used for rotation system and for circulation system will be very cost effective as installation cost will be very low and will be quite productive in term of its cost including its maintenance cost and power cost. 3. Company Description and Formation The name of the new start up company is OilTech Pvt. ...
Download paper

Related Essays

Business Analysis Plan (BAP)
It would also include the analysis of the financial information of the company, i.e. the financial facts and figures and financial ratios that indicate the performance of the company. COMPANY OVERVIEW SingTel is one of the leading communications group in Asia. The company provides a number of services including; mobile, internet, data, info-communications technology, pay TV and satellite TV. With regard to market capitalization, SingTel is the largest listed company on the Singapore Exchange. The company has developed and implemented upon its strategy of investing outside its home market, thus…
15 pages (3765 words)
Marketing Business Plan for Soy Protein
The paper talks about the Soy Protein, a vegetable protein mainly found in Soybeans. This protein acts as a potential substitute to the intake of animal proteins. This leguminous product is free of cholesterol and has low fat content. Further the product is composed of amino acids and different minerals with Vitamin B. it also has good fiber content. In United States the Soy Protein market depicts huge marketing and sales volume. The sales trend measurement for the 2004 period shows that the market grew to around 4.1 billion. This growth trend reflects a 5 percent growth from the previous…
10 pages (2510 words)
Business to business (marketing plan)
In light of this, the company would have to put in a lot of effort in identifying where its major strengths are so as to take advantage of the potentials. In this regard, a comprehensive research and development program in the short to medium term is recommended. What is more, the company must be poised with the introduction of new strategies and competitive advantages that will not seem too familiar to end users. Once this happens, potential customers would have no justification to trade off their existing companies for the new entrant. 1 Comparison of B2B to B2C B2B has largely been used to…
16 pages (4016 words)
Business Plan
It is projected that the company can be able to fulfil its predetermined business targets by following the aforementioned aspects at large. Table of Contents Executive Summary 2 Introduction and Background of the Venture and Management Team 4 Background of the Venture 5 Management Team 5 Main Objective of the Proposed Business Plan 6 Marketing Section – Including Market Research & the Marketing Mix 7 Market Research 7 Marketing Mix 9 Competition 13 Operations Section - Including Manufacturing & Physical Distribution 15 Manufacturing 15 Physical Distribution 19 Financial Section 22 Source of…
20 pages (5020 words)
Business/Marketing Plan
The other reason the project should be identified is for the stakeholders to evaluate the profitability of investing and if it is worth carrying on with the project development. Uncertain projects often have no estimated costs till their completion and may make stakeholders incur huge expenses on a simple project. Mainly, practicum projects have some fixed number of participants who are to attend the project. Identifying the project is thus, essential to know what benefits it has on individuals and plan appropriately for the expected number of participants. Identifying the project is also…
3 pages (753 words)
E Market Business Plan
In the world today, people are advancing in technology to such levels that they can be able to exchange goods and services without necessarily having physical contacts. The information technology has advanced so that information can be passed from one individual to another within a very short time and easily. This has helped people to develop ways to negotiate means to buy and purchase products from people who stay in distant places without necessarily visiting the people who possess such commodities. The payment systems are implemented in such ways that money is transferred from one…
6 pages (1506 words)
Business Plan Project_Interior Design
Instead, a house should look as charming as possible. This is achievable by seeking the services of interior designers. Service Canada (2013) report indicates that, last year alone, residential interior designers based in the greater Ontario region generated about $5 million in sales. According to the report, Oakville generated 80% of all the sales generated in the greater Ontario region last year. Economists predict a possibility of the residential interior design market in the greater Ontario region registering at least 10% increase in sale revenue. The increase is attributable to the…