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Friday, November 21, 2014

Solotab Business Plan by Marc Charles

7:38 AM


I've enclosed a business plan I wrote for a young entrepeneur in CA.

He sells low cost tablets online.

It's pretty cool.



Business Plan
Andrew Francis – Founder
Solotab Inc.
316 Olive Ave Unit 535
Huntington Beach CA 92648
Executive Summary
Solotab Inc. (the Company) is a tablet PC sales company that provides consumers and businesses a low priced alternative for Android based tablets

Products and Service
Solotab Inc. offers high speed dual core and quad core processors, dual cameras, and the latest Android OS, at a price range of $50-100

The tablet PC market is one of the fastest growing sectors in the computer market. The value of the market is expected to exceed $2 billion annually by 2015 according Forrester Research, a leading market research firm

The tablet PC market is a hot rising trend, and therefore attracts vibrant competition. The Company is positioned to leverage the market opportunity. Solotab Inc. has identified four primary competitors:

Solotab Inc. enjoys several competitive advantages. The Company’s primary competitive edge is their online sales expertise with regards to low priced Android tablets

[MCS5] Andrew Francis – Founder

The Company leverages social media, e-mail marketing, and direct mail to qualified prospects and buyers. The Company also utilizes search engine optimization (SEO) and search engine marketing (SEM) techniques in order to appear prominently in the primary Internet search engines, and this drive targeted traffic to the Company’s website

Solotab Inc. seeks a $100,000 investment, loan or business grant, at market rates, with a four-year note. The Company shall provide security and collateral as required

 [MCS1]You can insert your name, title, company, address, phone, URL and email here

 [MCS2]You can insert your market stats here. I found these on Google. But I was unable to find facts or stats with regards to your particular model. You will need to research your market to find the appropriate figures
 [MCS3]You will need to determine why your company is unique, special or better than the competition.  I do not have this information or insight. But I wrote an example

 [MCS4]You can insert financial information here. It doesn’t need to be extensive, and especially for a startup. But it is usually good to list assets, liabilities and operating expenses.
 [MCS5]You can insert your name and a short bio here. If you have other people helping you or managers you can insert his or her names here as well. The bios should be short and emphasize expertise as it relates to THIS venture.
 [MCS6]You can insert your marketing strategy here. Most entrepreneurs wait until the last minute to address marketing issues and strategies. I think it’s the FIRST thing that needs to be addressed. You can work on your marketing strategy. But I wrote an example.
 [MCS7]If you are seeking investors, financing or business grants you can insert your requirements here. It is best to round off amounts, and show investors or banks how and when notes will be repaid. I wrote an example.

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