Virk Motors Business Plan

765 Words4 Pages

Mission statement Serving the Surrey area, Virk Motors, is your premier retailer of Preowned vehicles. Our dedicated sales staff and top-trained technicians are here to make your auto shopping experience fun, easy and financially advantageous. Please utilize our various online resources and allow our excellent network of people to put you in your ideal car, truck or SUV today! Keys to Success To succeed in this business, we must: Put together a team of experienced professionals. Secure an excellent high-traffic location. Establish a network of suppliers, in order to buy and sell products that are of the highest reliability and quality, at a competitive price. Ensure customer satisfaction by encouraging the two most important values, honor and integrity. …show more content…

Corporate Objectives Navjot virk and jagmeet Dhillon opened the first dealer ship in surrey with simple idea – to help the students who come to Canada to study, so they can get cars for cheap and used car they can get on lease whereas other dealerships don’t provide lease for old car maximum 10 years’ old is required to lease or finance. My company can give it to the students who can not afford buying new cars. My company also focus on increasing total company sales revenue from 1 million to 1.5 million in 5 months. Which will help to increase market share from 20 percent to 22 percent in 1 year. BUSINESS DESCRIPTION TYPE Car dealership or vehicle local distribution is a business that sells new or used cars at the retail level, based on a dealership contract with an automaker or its sales subsidiary. It employs automobile salespeople to sell their automotive vehicles. It is product-driven business. FORMS It is partnership firm Navjot virk and jagmeet dhillon who owns this dealership. STATUS Its current status is existing business and its running really well.

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