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Business Feasiblity Study

Business Feasiblity Study

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Business Feasiblity Study

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Presentation Transcript

  1. Business Feasiblity Study Motion Sensor Security System Jeff Martello – Jared Sousa – Elizabeth Cobin – Debra Colbert-Maduforo – Edward Wagner

  2. Business Concept To provide peace of mind that loved ones are being monitored by an automated system.

  3. Industry Analysis • Barriers to entry are moderately low • Threat from Buyer’s Bargaining Power is low • Threat from Supplier’s Bargaining Power is low • Threat of new entry or substitution is moderately low • Threat from Competitive Rivalry is low

  4. Target Market Adults in charge of: Elderly parents (possibly physically handicapped or with a degenerative mental disease Mentally handicapped adult Physically handicapped adult The primary customers Baby boomers Age Income Market Analysis

  5. Market Analysis • Market Size • Market Growth Rate • Life expectancy increases • Market Trends • Products developed for assisting independent living • Monitor systems • Key Success Factors in this market • Healthy living

  6. Market Analysis

  7. Founding Team & Gap Analysis • Jeffrey Martello • Jared Sousa • Elizabeth Cobin • Debra Colbert-Maduforo • Edward Wagner Team Members

  8. Product Development

  9. Product Development • Preliminary Drawings from Engineering Firm • Tooling of Prototypes • Testing of Prototypes • Finalized Design • Mass Production & Shipment

  10. VALUE CHAIN customer Entrepreneur (Team) Online Stores CONSUMER Direct Salesvia web/phone Engineering Firm Manufacturer

  11. Financial Projections3 years

  12. Conclusion