transportation and tourism services. It is focused on its friendly staff and quality autos that are always punctual and professional. Unique Selling Proposition: Axis provides tourism, corporate transportation, public school transportation and other services with its line of buses and limos in the United Arab Emirates. The company develops strong relationships with corporations, hotels, schools and tourism agencies and maintains its quality with highly professional staff and reliable vehicles to retain clients in the long-term. It will secure large clients with expert sales teams and retain them with reliability. Key Team Players:
Thomas Ankin: fifteen years experience in the hospitality industry, with ten in accounting and finance.
Maurice Tompson: Three years experience in strategic marketing at P&G, MBA from a top university in Northeastern US. Trends: Tourist arrivals in the GCC region has grown at CAGR of 8.5% over 2002-2011, relative to global growth of 3.7% [1]. Tourist arrivals to the UAE 7.9% y-o-y in 2011 [1]. UAE makes up 30% of tourist arrivals in GCC region [1].
Target Market: The company will target corporations for employees and events, hotels for tourism and the public sector for school corporations in the United Arab Emirates.
Competition: Key players in the region are similar bus rental companies, our advantage is the staff.
Marketing Plan: The business will be promoted through:
B2B Sales: Giving strong sales presentations, trained staff and materials focusing on the advantages of Axis to hotels, travel agencies, schools and corporations.
Online: Focusing on primarily web marketing techniques to target travel groups for the UAE, corporate events and a separate area locally for employee shuttles. Vision: Axis will become the premier company for group transportation within the United Arab Emirates. The company will be recognized for its highly trained staff, punctuality, cleanliness and all around professionalism. Through this, its vision is to achieve a leading market share. Action Plan The business has a three- phase action plan to be implemented within each growth stage, the market- entry plan will be:
Development Find and investor Obtain financing Purchase key assets Develop website Rent office and garage
Growth Begin sales implementation Begin with advertising Meet customer demand
Sustainability Maintain auto reliability Focus on staff development Ensure clients are satisfied Have performance reviews Consider expansion options
Net Income Projections (mil):
Year 1 8.396 Year 2 31.458 Year 3 42.387 Year 4 165.838 Year 5 160.677
Legal Structure: The business will be filed in the UAE by two managing partners holding ownership. There is no business tax in the UAE. Profits will be distributed in the form of dividends. Growth Stages: The company will immediately promote its website and develop sales materials. These will be conveyed to clients and they company will focus very heavily on training and development. Dated: Nov 14, 2013
Prepared for: Axis Bus Rentals Corporations Public Schools Tourism Employees Events School buses Tours Airport pickup