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Entrepreneurship
J component
FACULTY: PROF. SUDIPTO BHATTACHARYA
COURSE CODE/SLOT : BMT3002 /A1 + TA1
VENUE: SJT 604
17BBA0074
S. SEENIVASAN
Chosen problem & solution:
? Chosen Problem
The selected problem is communication problem. This is a big issue for the
students, particularly the students educated in Tamil medium education.
Because of this issue the students could not improve their skills and
becoming slow learners.
? Solution
Starting the coaching centre is going be the best solution for this problem.
Offering good service and experienced teachers with less tuition fee.
Name of the centre:
? Name: Coach up!
? Logo :
Opportunity analysis:
? Many of the students doesnt understand can not speak the fluent
English
? Target market: Students from all categories of college campus.
? Competition: Other local coaching centres in outside campus. And
vit also having some communication classes, like basic English and
communication English.
? Concept and vision : Developing students competitive and
communication skills. And also provide extra English knowledge .
? Market expansion : There is a high chance for the market to be
expanded , based on students interest and arrival
Business plan:
? HR resource : the human resource for this is, staffs and experienced
teachers.
? Marketing: making awareness among the students. Also sharing the
information about coaching centre to schools at VIT. (list of schools)
? Finance: the coaching centre planned to located in inside the
campus so, partnership is not required for this. VIT will be sourced
other requirements. Like, classroom and benches, labs and
electricity etc. This is going to be happened under rent, so we need
to pay rent to VIT.
? Cost analysis:
salary for teachers and staffs, electricity cost and material cost, etc.
Continued
? Revenue : Per student have to pay 6000 thousand for a year.
? Location : Inside the campus TT, SJT
? Capital : 5 lakhs is enough to start the centre . ( advance of college
and other expanses)
? Critical risk: Convincing VIT and other institution, which is located
near to campus. Students discontinue and lack of awareness
among the students.
? Finance resource : Sole proprietorship. Own investment
? Infrastructure requirements: (Class rooms, electricity, parking,
benches, board, study materials, etc)
Continued..
? Time management : The coaching centre will be held on holidays or
evenings (after completing the academic hours) students can
attend classes during the holidays or evening .
? Our aim is to bring 5 thousand students in the first year.
? And we will do the arrangements depending on the arrival of
students.
? Teachers & staffs will be paid a salary from the revenue
Business canvas model:
Key partners:
VIT university.
Customer
relationships:
Contact with
students and
respected
schools
Key
Activities
Coaching
the students
Cost structure:
Major costs are covered for the salary for
teachers staffs.
Key
resources
Teachers,
staff
Value
proposition:
Individual
centred
learning
Customer
segments :
Students of VIT
Revenue streams:
Students fees
Coach up qualities:
? After finishing the whole classes, students will have very good
communication skill and more knowledge about English.
? Producing certainty to split different tests:
? To pick up information past school educational modules
? Sorted out examination designs
? Making students to solve the situation, which is difficult related to
communication skills
? Making them to write own books.
? Providing valuable certificates
