Reporting About Business Plan

BUSINESS PLAN

COMPANY DESCRIPTION

            Company Name:  JWS Corporation

Date of Establishment: June28,2011

Founders:    West Virgineth  Briones

                      John Gaius Castillo

                      Sheila Jemima Maramag

                      Joshua Sario

Location: 13^th Street, Global City, Taguig

Background:

            JWS Corporation was established in 28^th of June 1993 by three IT professionals namely West Virgineth Briones, John Gaius Castillo,Sheila Jemima  Maramag and Joshua Sario.

            Before JWS turned into a corporation, it started only as  a reseller of computer hardware back in 2005. Even though as a reseller, they covered shipment of their products locally and internationally.

            By year 2008, they decided to manufacture their own products which mainly focus on processors. Still as a medium business, they continue their determination and hard work until they finally become a corporation by year 2011.

            As a corporation, they received various recognitions worldwide for their quality products and promising commitments to the industry of computer technology.

PRODUCTS

            Product Name: JWS DUAL INTELLIGENT PROCESSORS

                                    A: Turbo X Processing Unit (TPU)

                                    B: Energy Processing Unit (EPU)

            JWS will be adding a dynamic duo processing aids to improve CPU performance and cut down energy expenditure. The JWS dual intelligent processor design consists of two distinct processing engines that integrate into a range of existing and upcoming products from different computer companies.

             The Turbo X Processing Unit (TPU) supervises CPU load and strain to determine when a performance profile can be engaged. Depending on the motherboard and CPU COMBINATION, this kind of instant boost can make a difference, especially in budget systems and those using more modest configurations. It could push a mundane load out into more performance-oriented territory, making for a smoother experience of user.

            The Energy Processing Unit (EPU), serves as a green watchdog for motherboards, seeking out ways to maintain solid performance while reducing the overall system power drain. So if it can keep work going with lower voltages and less energy intake, it will do that.

MARKET ANALYSIS

             *Current Market*

            JWS Corporation stands with a great market value belonging to the top 20 Manufacturers Worldwide. With this status, JWS is confident enough to market these with expectations for positive feedbacks.

             *Competitors*

             Since the start of 21^st Century Technology boost worldwide, because of this, a lot of technological ventures were established.

             Throughout the business years of JWS, JWS Corporation considers the Top 20 Manufacturers Worldwide as their major competitors since they all market their products worldwide.         

           *Target Market*

            The target population of these products will be all the authorized resellers worldwide with valid contract under JWS Corporation. Renewal and new contracts will also be accepted as long as it falls under the policy of the corporation.

            The new products will also be available in JWS’s online store and to other authorized online resellers. Shipment will be worldwide.

  

STRATEGY AND IMPLEMENTATION

           

              Product Work Flow

             Promotions

            For the promotion of these products the following will be used:

§           Facebook Fan Page

             facebook.com/jwsprocessors

§         Online Reviews

Cnet.com, lifehacker.com, and so on

§          Magazine Features

Specifically, technology related magazines

§          Banners

§          Back links in Other Websites

MANAGEMENT TEAMS

FINANCIAL PLAN

                  First Batch: 500,000 units to be released.

                  250,000 TPU and 250,000 EPU

                                                                  

Profit and Loss

Cash Flow

Break Even Analysis

      Assumptions

·                 The financial loss will be gained within a year from the start of product release.

·                   Profit will increase up to 40 %  due to it’s worldwide market.

Lesson 6 (Technopreneurship)

March 09,2013

BUSINESS MODEL

     MODEL:

               According to the famous Oxford Dictionary,it is defined as follows:

1. A three dimensional representation of person or things,typically on a smaller scale.
2. (In sculpture) A figure made in clay or wax which is then reproduced in more durable material.
3. Something used as an example.
4. A simplified mathematical description of a system or process,used to assist calculations and predictions.
5. An excellent example of a quality
6. A person employed to display clothes by wearing them.
7. A person employed to pose for an artist.
8. A particular design or version of a product.

           

      *9 BUILDING BLOCKS*

     1.Customer Segments as an organization serves one or several customer segments

     2.Value Propositions it seeks to solve customer problems and satisfy customer needs with value propositions

    3.Channels value propositions are delivered to customers through communication, distribution and sales channels

   4. Customer Relationships are established and maintained with each customer segment.

   5. Revenue Streams is the result from value propositions successfully offered to customers.

    6.Key Resources are the assets required to offer and deliver the previously described elements.

    7.Key Activities by performing a key number of key activities.

    8.Key Partnership some activities are out secured and same resources are acquired outside the enterprise.

    9.Cost Structure the business model elements result in the cost structure.

Lesson 5 (Technopreneurship)

February 23,2013

Business Plans

• The business plan is not abstract,not uninformative,not theoretical,not mysterious.
• It is document that convincingly demonstrate that the business can sell enough of its product or services for satisfactory profit.
• It is a selling document.

*4 Elements supporting Successful Business Plan*

1.SIMPLE

         -Easy to understand and act on

         -Does it communicate its contents easily and practically?

2.SPECIFIC

        - Is the plan specific?

        -Are the objectives concrete and measurable?

        -Does it include specific actions and dates of completion

       -Specific persons responsible and specific budget.

3.REALISTIC

           -Is the plan realistic?

           -Are the sales goals,expense budgets and milestones dates realistic

           -Achievable,doable

           -The business plan is not abstract,not uninformative,not theoretical,not mysterious.

       -It is a document that convincingly demonstrate that business can sell enough of its                         products and services to make a satisfactory profit.

          -It is a selling document.

       

4.COMPLETE

         -The requirements of a business plan vary depending on the context.

*Use of a Business Plan*

1.    Define and fix objectives
2.  To create regular business reviews and course direction
3.  To support a loan application
4.  To define agreements between partners
5.   To set a value on a business for sale,or legal purposes
6.   To evaluate a new product line, promotion or expansion.
7.   To define a new business.

*The Don'ts of Business Plan*

·         1.       Don’t use a business plan to show how much you know about your business.

2.       Nobody reads long winded business plan, so limit it to 50 pages.

*Importance of Graphics*

·         -    Tables and charts present information in visual formats with greater impact the word alone.

 -     Plans should include graphics, bar charts and pie charts to illustrate the following.

1.       Cash Flow- The single most important numerical analysis in a business plan

2.       Sales Forecast with break even information

•            Profit or Loss statements or cost-benefit analysis
•         Projected Balance sheet
•         Market Analysis

 *Sample Business Plan Outline*

·         1.    Executive Summary – write this last, a page or two of the highlights

   2.    Company Description- History, establishment, start-up plan

   3.    Product or Services- describe your selling focusing on customer benefit

  4.    Market Analysis- you need to know your market, costumer’s needs, where they are and how to reach them.

  5.   Strategy and Implementation- be specific, include management responsibilities with dates and budgets.

  6.   Management Teams- backgrounds of key members of the team, personnel strategy and details.

 7.    Financial Plan- Profit and Loss, Cash Flow, Balance Sheet, Breakeven Analysis, Assumptions, Business ratios

  

-      

Lesson 4 (Technopreneurship)

" HELF"

1. Human Resources Component

~Research

-Thinker

-Idea Generator

-Innovator

~Development

-Implementers

-Financiers

-Technical People

-Marketing People

 2.Environment Components

-Science Part

-Innovation Center

-Academic Institution

-RMD Center

-Internet Access

-Communication and other support

-Geographic Accessibility

 3.Laws and Policies Components

-Intellectual Property Rights

-Technology Licensing Office

-Legal Services

4.Financial Resources

-Finance

-Investors

-Business Sectors

-Founding Agencies

-Finacial

Lesson 3 (Technopreneurship)

Assignment for next meeting by Group (3 members per group)

1.    Identify sample business for each definition (Part2)

3 Examples of each definition. Explain Why.

2.    Identify at least 6 Successful Technopreneurs not from Philippines.

3.    Two successful Pinoy Technopreneur.

Ø  Dado Banatao

Ø  Winston Damarillo

                    (Create a PowerPoint presentation and Documentation.)

    Answers:

Diosdado P. Banatao

v  More popularly known by his nickname “Dado”

v  Malabbac, Iguig, Cagayan  Valley ,Philippines

           May 23, 1946 (age 66)

v  The Filipino Bill Gates and The Father of the Semi-conductor

v   Bachelor of Science in Electric Engineering at Mapúa Institute of Technology

v   Masters in Electrical Engineering and Computer Science at Stanford University

v   A Filipino entrepreneur and engineer working in the high-tech industry.

v   A veteran entrepreneur and venture capitalist of Silicon Valley (— home of the high-tech revolution)

Business

v  Founder & Managing Partner of Tall wood Venture Capital, CEO of  Ikanos Communications ,Chairman of Philippine Development Foundation

v  He co-founded three technology startups: S3 (SBLU), Chips & Technologies (INTC) and Mostron

Ø  1984

v  Banatao and his business partner Francis Siu, founded a high-technology company, Mostron

•        Mostron was launched as a manufacturer of motherboards.

Ø  1985

v   he co-founded Chips and Technologies (C & T)

•       The company developed system logic chip set for IBM's PC-XT and the PC-AT

Ø  1 989

v  Banatao launched his third start-up company, S3 Graphics, with Yara in Santa Clara, California.

•        S3 focused on enhancing the graphic capabilities in personal computers by using a graphic accelerator chip.

•          S3 was then considered as the third most profitable technology company in the world when it went public having an IPO worth of US$30 million.

Ø  1996

The company became the leader of the graphic-chips market, beating a strong competitor, Cirrus Logic, Inc.. In the same year, Chips & Technologies was sold to Intel for about $300 million making Banatao richer

Ø  2000

v   He decided to start-up his own venture capital firm named Tallwood Venture Capital with a capital of US$300 million.

•        Tallwood invests in unique and hard-to-do semiconductor technology solutions for computing, communication, and consumer platforms.

Ø   2010

v  Dado Banatao became Ikanos Communications' CEO after Michael Gulett resigned as the company's CEO and President.

v  (TODAY) He invests, oversees, and sells several companies that include :

q  Cyras Systems acquired by Ciena

q   Newport Communications acquired by Broadcom

q   Acclaim Communications acquired by Level One

q  Stream Machines acquired by Cirrus Logic

Marvell Technology Group and New Moo software

Winston Damarillo

       v    February 16, 1970 (age 42)

       v   Bohol, Philippines. 

        v   A Bachelors of Science  in Industrial and Mechanical Engineering from the De La Salle    University

       v   Damarillo is a Chinese-Filipino

       v   Modern Filipino Technopreneur

       v  The CEO and co-founder of Morph Labs .

     q   the world's leading provider of converged dynamic infrastructure for cloud computing

     v   Winston is also the co-founder and chairman of the board of directors for:

     q   Exist Global an enterprise software development company,

     q   MaestroDev,a collaborative software development automation company.

     v  Young Global Leader.

     v  CEO of Morph Labs. (Asia’s Top 100 Tech Companies)

     q   Morphlabs is a cloud computing company, part of a good cluster of firms in  Southern California

    v  Open Source models

    v  Start Up Formation/Management

     v  Venture Financing, M&A & Global IT Entrepreneurship

     v  He starts his own business Global Gateway Innovation Exchange (G2iX), which focuses on building start-up technology companies.

     v   Founded Gluecode Software Inc., which he sold to IBM in 2005.

     v   Member of the Board and International Marketing Director, Philippine Software Industry Association. Trustee, Ayala Foundation USA, an organization active in social development initiatives.

    Ø  2011

    v  Winston was selected as a Commissioner in the TechAmerica Foundation Commission on the Leadership Opportunity in the U.S. Deployment of the Cloud (CLOUD2)/State and Local Government (SLG)

    Ø  2010

     v  He is one of the Young Global Leader honorees and a participant of the World Economic Forum. He is a trustee of the Philippine Development Foundation