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Business Development Plan of Turnkey Projects For Startup Mep Firm

This document provides an overview of developing a business development plan for turnkey projects for a startup mechanical, electrical, and plumbing (MEP) firm. It discusses that a business development plan should include a business model explaining how the firm will make money, a business plan, and a roadmap for implementing turnkey or completed projects. It also outlines the key services MEP firms provide in mechanical, electrical, and plumbing design. The document then lists the areas a startup business development plan should analyze, such as feasibility studies, setting up business operations, selecting technology, recruiting staff, defining organizational structure and processes. Finally, it discusses literature on important components of business models for value creation, types of business models, and guidelines for

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Dhairyasheel Jagtap
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94 views

Business Development Plan of Turnkey Projects For Startup Mep Firm

This document provides an overview of developing a business development plan for turnkey projects for a startup mechanical, electrical, and plumbing (MEP) firm. It discusses that a business development plan should include a business model explaining how the firm will make money, a business plan, and a roadmap for implementing turnkey or completed projects. It also outlines the key services MEP firms provide in mechanical, electrical, and plumbing design. The document then lists the areas a startup business development plan should analyze, such as feasibility studies, setting up business operations, selecting technology, recruiting staff, defining organizational structure and processes. Finally, it discusses literature on important components of business models for value creation, types of business models, and guidelines for

Uploaded by

Dhairyasheel Jagtap
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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BUSINESS DEVELOPMENT PLAN OF TURNKEY PROJECTS FOR STARTUP MEP FIRM

ByDhairyasheel Jagtap Kanav Mahajan Kushal Pratap Singh Rathore GuideDr. Milind Phadtare

The business developers' tools to address the business development tasks are the business model answering "how do we make money" and its analytical backup and roadmap for implementation, the business plan. A turnkey or a turnkey project is a type of project that is constructed so that it could be sold to any buyer as a completed product.

MEP
Mechanical engineers often design and oversee the heating, ventilation and air conditioning (HVAC), plumbing, and rain gutter systems. Electrical engineers are responsible for the building's power distribution, telecommunication, fire alarm, signalization, lightning protection and control systems, as well as lighting systems. Plumbing designers often include design specifications for simple active fire protection systems, but for more complicated projects, fire protection engineers are often separately retained.

Start Up Business Category: Starting up a new business is a very exciting and challenging process, but without sufficient attention to essentials, failure is a strong possibility. A start-up firm requires study in following areas Feasibility Analysis / Study for Business / Projects. Set Up entire Business till SOPs (Standard Operating Procedures) are implemented. Select & install appropriate technology usage for the business. Recruit Manpower. Create suitable Organization Structure. Define & help implement Systems & Processes, Performance Measures & Scorecard Systems. Devise & help implement Service Quality Management Initiatives. Devise appropriate exit -strategy.

The literature studied focuses on Business Models are important for a firm as it helps in value creation and company performance. Characteristics of various types of business models and the kinds of organizational entities in which these business models exist. Guideline to employ resources to generate value for customers and other stakeholders and how the organization will benefit from value creation. Business model is the architecture of a business plan it shows the expansion plans and development of the same in and out. There is no business model which is right or wrong. It all depends on the circumstances the business is being played in as such sometimes they work and sometimes they dont.

The four identified components of business models: Strategic choices The value network Creating value Capturing value.

Entrepreneurship

Motivation to become an entrepreneur


Percentage
Independence Challenge Dream Desire Family Backgorund Market Opportunity Idea Driven

40

35

30

25 Family Background 20 Idea Driven Independence Market Opportunity 15

10

0 Pune Kolkata Chennai Ahmedabad Hyderabad Bangalore

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