Dr. Gamal Abd El-Aziz

Team Participants• 1- Waleed Ahmed Saleh (11254) • 2- Hanaa Mohamed Saad (11253)• 3- Nehal Khaled (11235)• 4- Youssra Amr Sharaf (11258) • 5- Hesham Sherif (11251)• 6- Yahia Sarhan (11257)• 7- Yaseen Ahmed Fakhar Al- Deen (11259)

Business plan April 2016

Dr. Gamal Abd El-Aziz

Yaseen Alm EldinHesham Sheriff 6th of October City,

Cairo, Egypt

Office(716 ) 999 1234 Cell: ( 716 ) 307 9999

www.Think.Global.School.com

Table of contents Executive Summary 5Part 1: Introduction 7Part 2: The company and Management 16 The Mission and Vision Statements 16 Company Profile and Strategy 19 Anticipated Challenges and Planned Responses 22-23 The Management Team 24-25Part 3: Marketing 26 Market Analysis 26 The Product or service 30 Sales and Promotion 31Part 4: The Financials 33

Executive summary• Think Global school will be located in 6th of October City ,the

school will make students love learning and make them want to come everyday to experience new things.

• The mission of ( Think Global school ) is to support talents of students and improve the skills they need to be successful in their lives and establish values that allow them to serve humanity .

• Our idea is to make our students to love learning through out the practical way instead of the normal and inefficient way of memorizing academic contents.

• We'll have one type of customers " parents " who want the best for their children this type of schools in order to make have more creativity , imagination , and develop their thinking skills and social skills

• There are many competitors in this field from national and American schools and also there is a new system of education " IG " , but what make us different from them all that we focus on effective mind development and best ways of improving learning , social , personal skills.

• We plan on distributing brochures to different places such as: nurseries, supermarkets, theme parks, toy stores, etc… . We'll also be listed in the local phone book and Egypt’s kids directory as well as having a site on the internet and a page on Facebook advertising through billboards, The majority of these ideas are fairly inexpensive and will widely send our message to parents.

• We have determined a cost of $566,800 to start our business each partner will contribute with $70,000 and the remaining will be provided as a loan from the bank , we are estimating an average yearly profit of $1,000,000 by applying of 1000 students of Primary , Middle school stages , and also expecting a double increase in the number of students after 3-4 years with a total revenue of $4.5M.

The Main idea of this project is to actually make students love schools and here comes the question how? , we have been always studying the wrong way, we just memorize what we supposed to write in the exam then forget once we leave the doorstep of the

exam room, but when you make learning all practical you’ll never forget what you learned.

Imagine that every class and exam you take is practical in all subjects, when it comes to math you might actually learn geometry

on shapes and toys, algebra we can count and subtract and calculate on countable objects and in real life, biology and physics and chemistry would always be in a laboratory, and everything we learn on a board we try it in a lab, imagine if we could enhance our language skills by making plays in theaters with the language we

would like to enhance, or with puppet shows depending on the age. The final exam would be a project including all the lessons

you learned in this subject and the grades would be by scores.

Introduction : Business Idea

So let’s start with the basics, the studying can be reading a script preparing for a play to enhance the language skills, this place can be for only the really skilled kids who would to like to grow up and be an idol or an expert in a certain field, it can be for those whom

never done anything professionally since day one. It would be the perfect place to study the regular subjects but in a

new way which by they can actually make use of it in their lives.

With this new way of learning you can be a participant in the social events around you making decisions, because practical learning

doesn’t has to be just in college, besides that it’s a place for really talented kids who want to learn more of what they already know they can do, it will be on the hands of professional trainers and

teachers and supervisors who really know what they’re doing and being certified is a must.

Learning Mechanism:

Painting ,dancing , singing, or music playing. This school would be the biggest learning and educating center for the talented in the country. And when giving the kid the right to choose what fields and subjects he would like to learn, of course the historical and

religious background would be taken in consider in the plays inside the theatre cause it’s a must for the kids.

That’s the aim of this idea to help build a more educated and talented generation of pioneers in many fields of sports and arts, and better teachers in the future for the generations to come to

help them learn in a more creative way and to help them apply what they learned at school in their real life.

 

Thinking about the conditions of our social conditions in Egypt made us realize that education is the main problem in the system,

with lack of education you get unprofessional workers and specialists.

Learning Subjects:

The most important 4 CS :

Our mission is to guide them to the path of creativity:

We’ll make them grow to become incredible:

How to reach success

We’ll show them how to handle their gift and how to improve it

Chuck Grassley

THE COMPANY AND MANAGEMENT TEAM:

●The Mission and Vision Statements:Our School aims:-To provide each student a diverse education in a safe environment that promotes motivation and excellence in learning.-To support talents our students have.- To serve physical, social, and emotional needs of students who are in a special and critical period of their lives as they change from children to teenagers.-To ensure every child has a positive, happy and rewarding school experience.-To improve the skills needed for success in life, and establish values that will allow him to act with humanity.

Vision Statement:• Think Global aims to

maximize the enjoyment of learning and achievement for all students, and encouraging them to be responsible, creative and lifelong learners.

Social Responsibility:

• Think Global will consist 7% of net profits each year to help children with learning difficulties and to decrease illiteracy from Egypt.

Company Profile & Strategy:

• Business Goals:• Short-term business goals:• To break-even within two years.• To minimize costs.• To decrease staff members turnover.• To have more than 800 students.

• Long-term business goals:• To achieve net profits of more than 1 million.• To have more than 10 branches all over Egypt. • To establish at least 2 branches abroad.

Company Strengths:

• We have highly skilled teachers who will be able to deal with children of different skills, talents, and social levels. They will be able to support and increase their talents. In addition to managers with high experience who can take risks and handle ambiguity and uncertainty.

Costs of Operating a New School:

• 1-Building…………………………………………………….250,000• 2-200 Desks (100 each)…………………………………20,000• 3-200 Chairs (100 each)………………………………..20,000• 4-4 Printing machines (2500 each)……………….10,000• 5-15 Pianos (1000 each)………………………………15,000• 6-15 Guitars (750 each)……………………………….11,250• 7-25 White boards (350 each)……………………….8,750• 8-1000 Markers (4 each)……………………………….4,000• 9-50 Computers (1000 each)………………………..50,000• 10-School Decorations …………………………………2,000

• Total ……………………………………………………………391,000

Anticipated challenges and planned responses

• We have two major anticipated challenges:

• 1) We must obtain sufficient funds to start the venture.

• 2) We need enough supporters to start the venture, as it's a new idea that hasn't been implemented before.

Anticipated challenges:

Planned responses:

• We plan to respond to these two major anticipated challenges as follows:

• 1) Two of the partners are willing to personally invest in the venture if we face any, challenges regarding funds, also we contacted a venture capital company that is really, interested in our venture and is willing to fully fund it of we get enough supporters.

• 2) This challenge is to be responded to through good and creative advertising.

The management team

• There's one level of management in the school with two different types of managers as follows:

• Head manager.

• Accounting manager.

• All managers are also co-owners.

Management:

Organizational chart:

• It's quite simple as there's only one level of management. And as Think Global grows into, more branches, further level of management and far more employees will need to be added.

Market analysis :We will have one type of customer

"parents" the parents who want the best for their children to join their children in this school and they will be enthusiastic

to enter their children this type of school .

Because this school will be developing their children creativity, imagination,

thinking skills and social skills.

27

Many kids today are not intersted in learning educational subjects because

they find it boring and time consuming.

You can change this by adding little touches of fun to their learning

journey wouldn't it be nice if your child aim to learn every day even

without your supervision .

28

We have many ways to reach our custmores :

Advertising online Flyers

Through TV screen Face to Face

29

Even though adervertising through media cost too much,

but also it is the most quick and efficient way to reach people all

over the country..

30

Assessment of the competition :

• This field is filled with a lot of competitors ,and we will face a strong

competition from, International schools and national schools , and there's also a

new system of education IG.

• But our new school is different from all of them, because it focuses on the

development of children's skills more than the academic contents and educational

subjects.

Sales and promotion

• With the great number of population in Egypt and its large cities with wide lands that, aren't exploited, we foresee neither a distribution nor a number of student issues. In the future,we hope to have more branches all over Egypt and even in other countries.

Place (distribution) issues:

Advertising:• Our only customers are parents, and we'll have many

approaches to attract them.

• Initially, we plan on distributing brochures to different places such as: nurseries, supermarkets, theme parks, toy stores, etc. These brochures will include our main idea of the venture, our strategy and the subjects and courses we're offering.

• We'll also be listed in the local phone book and Egypt’s kids directory as well as having a site on the internet and a page on Facebook.

• Also, we plan on advertising through billboards, The majority of these ideas are fairly inexpensive and will widely send our message to parents.

THE FINANCIALS

We estimate that we can have an average of 1,000 students per year. Also we estimate that the average fees will be approximately $1,000

per student , this will provide our school with revenues of approximately $540,000 for primary stage students and $460,000 for

middle school students , and for total average yearly revenue of $1,000,000.

Although Think Global School will experience sales promotion difficulties , this will lead to high revenues.

After three to four years , we expect that the number of students who will apply for our school will be doubled .

Expected Revenue:

Expected Revenue:

• Therefore, we expect about 600 primary stage students a year with an average fees of approximately $900 per student, and 400 middle school students a year with an average fees of approximately $1100 per student. We anticipate school revenues of approximately $4.5M after 5 years .

• Total service revenue is anticipated to be approximately $1,000,000 per year , we plan to provide summer courses for students at in the summer and it's voluntarily.

Costs of Operating a New School:

Expenses number of units

Expected Yearly Cost

Building 4 250,000Desks 200 20,000Chairs 200 20,000

Printing machines 4 10,000

Pianos , Guitars 30 26,250

White boards , Markers 1025 12,750Computers, School Decorations 50 52,000

Total 1,513 391,000

Cost of Doing Business:Expenses Expected

Monthly CostExpected

Yearly CostRent 25,000 300,000

Salaries and Wages 90,000 1,080,000

Supplies 3,000 36,000Advertising and Other Promotions 5,000 60,000

Utilities: Heat, Electricity, etc. 9,000 108,000Utilities: Telephone and Internet 2,500 30,000

Insurance 12,000 144,000

Total 146,500 1,758,000

Startup Costs:We anticipate needing $566,800 for total cost of the Business startup.

Financing:The seven managers will each put a total of $70,000 into the startup of this business. The remaining $76,800 is the amount that we are requesting for bank loan.

Balance SheetApril 2017

Assets

Current Assets

Cash in Bank $300,000Inventory $50,000Prepaid Expenses ( 9 months ) $66,500Total Current Assets $416,500

Fixed Assets

Machinery & Equipment $50,500

Furniture & Fixtures $40,500Buildings $105,000Total Fixed Assets $196000

Total Assets $612,500

Liabilities & Net Worth Current Liabilities

Accounts Payable $10,000Taxes Payable $5,000Notes Payable (due within 12 months) $20,000Total Current Liabilities $35,000Long-Term Liabilities

Bank Loans Payable (greater than 12 months) $76,800Less: Short-Term Portion ___________

Total Long-Term Liabilities $76,800Total Liabilities $111,800Owners' Equity (Net Worth) $500,700Total Liabilities & Net Worth $612,500

Thank You !