Transcript Magnetic Shield

Magnetic Shield
By: Eric Stewart, Jessica Naslund, Ayanna Carter, and
Ryan Townsley
Nearly 1.3 million people die in road crashes
each year, on average 3,287 deaths a day.
The Magnetic Shield could prevent every
single one of these crashes. Every Magnetic
Shield bumper has a negative charge. This
creates a bubble in between every car that is
installed with a shield. In the event of a crash,
this will prevent collision from ever occurring.
Type Of Business
We are a corporation
Financing:
- Our company needs $6,000,000 to start production for our
Magnetic Shield.
- A prototype was made for the 2015 Ford Focus Sedan.
- Our company is currently using short-term financing.
- Intermediate financing will occur in the next 3-5 years.
- When most companies are buying our product, within 5-10
years we will be using long-term financing, giving us ability to
go public and aquire corporate bonds.
Cost-Benefit Analysis:
- The cost to make each magnet is $50.
- We will sell each bumper for $500 each, giving us a $450
profit.
- With the $6,000,000 we receive, we are projected to
produce approximately 120,000 bumpers within our first
year.
- Within the first year, our expected revenue will be
$54,000,000.
- After 5 years, we will make around $3,000,000,000.
Industry
The car companies are all apart of an
Oligopoly. So getting their attention might be
tricky but considering that our product can
improve their car safety and is a one of a kind
we know that they will be interested.
Marketing
●
We will market to major car companies like GM or
Tesla with the promise of a safer car and better
ratings.
●
Because of our specialized market there is no
competition at all
Market
Magnetic Shield will sell to different car
companies to install into their cars. We have
contracts with Ford, Chevrolet, and Volvo so
far.
We are working on getting it into aftermarket
car accessory stores so that customers can get
it installed in their cars.
Road crashes cost USD $518 billion globally, costing individual countries from
1-2% of their annual GDP.
( Could’ve been prevented with Magnetic Shield )
Road crashes cost low and middle-income countries USD $65 billion annually,
exceeding the total amount received in developmental assistance
Advertising
Tv and radio commercials
Magazine ads
Radio advertisements
Operation
Our business will have its own building for the
employers in Clackamas, Oregon. This will be
separate from the factory where Magnetic
shields are made.
Buy the Magnetic Shield, and save a life.