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Kingston University, London Assessment Submission Form
Kingston University, London Assessment Submission Form
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FACULTY OF SCIENCE,
ENGINEERING AND COMPUTING
Business management
Compiled by:
Gayan Waidyaratne(k2163810)
Ramesh Nithushan(K2162908)
Mohomed Rasmy(K2172016)
Akhilesh Perera(K2163774)
WARRANTY STATEMENT
This is a student project. Therefore, neither the student nor Kingston University makes any
warranty, express or implied, as to the accuracy of the data or conclusion of the work performed
in the project and will not be held responsible for any consequences arising out of any
inaccuracies or omissions therein.
Compiled by:
Gayan Waidyaratne
Ramesh Nithushan
Mohomad Rasmy
Akhilesh Perera
Contents
Module Code: EG6023 ........................................................................................................................ 2
1.0 Inspiration .................................................................................................................................. 5
2.0 Elevator Pitch ............................................................................................................................. 5
3.0 Need Analysis ............................................................................................................................ 6
4.0 Product Outline .......................................................................................................................... 8
5.0 Product cost analysis ............................................................................................................... 12
6.0 Alternatives and competitors.................................................................................................... 12
7.0 Marketing and implementation plan ......................................................................................... 14
8.0 Appendix .................................................................................................................................. 16
9.0 References .............................................................................................................................. 19
Table 1 11
Table 2 14
Table 3 15
Table 4 17
1.0 Inspiration
Affordable and eco-friendly 3D printed construction of modern homes and offices. With the prevailing
financial crisis in Sri lanka, the present government has taken measures to drastically reduce importation
of equipment and materials vital for the construction industry in the country to maintain and control the
inflation.
The business plan in this report highlights the launch of a future tech startup company providing
modern home and office construction with state-of-the-art 3D printing using completely eco-friendly
recyclable materials at an affordable price. The plan consists of the total capital planning and cash
flow requirement for the success of this company as well as including an annual cash flow forecast.
This report is to include a financial plan that requires a startup investment of 100million Rupees.
The owners will contribute 50% of the cost and the balance would be borne by investors interested in
the start-up business. Baya Weaver designers and Builders (pvt) ltd is expected to generate net
earnings from the 2nd year of its commencement and expect payback period to be less than 5 years.
According to analyzed data throughout this business proposal, at Baya Weaver designers and
Builders (pvt) ltd, construction using 3D modeling is a unique opportunity for modern thinking business
investors to invest their money and acquire higher amounts of revenue within a short span of time.
Other obstacles must be addressed from the standpoint of the homeowner. Housing is expensive,
especially in high-cost areas like Colombo and Kandy, and developing new involves long lead times
and jumping through regulatory hoops on top of the financial ramifications. Existing houses are not
always the correct square footage for current market needs and recent tendencies toward "right sizing"
housing and a scarcity of affordable modestly sized beginning homes. Consumers also want to live in
homes that are less expensive to run and maintain. Also, after the initial success of the company, this
technology can be used for improving the living conditions of low-income families with collaboration
with local government and NGO’s.
Taking the above criteria into consideration and the current prevailing situation in the country, that’s
foretold would last for almost half a decade or more, the rise of cost to own a house constructed using
traditional methods are increasingly becoming unaffordable. Therefore, we, at Baya Weavers are
committed to solve this problem by thinking out of the box. Using contemporary and state of the art
technology, our targeted audience can gain the maximum benefits out of this plan. Also, as the costs
to print is marginally low, the profit margin acquired would be higher than in traditional construction
making our investors delightful and at the same time promote this technology around the country as
the pioneers.
With the introduction of 3D printing to build houses in sri lanka, we are able to;
-Minimize the cost for construction
-Minimize the time spent for construction
-Increase profitability and indirectly boost economy using local materials
-Provide a new and revolutionary construction system to the entire construction market
-Optimize the build quality of houses
-Have an impact to reduce the housing market rates
-Reduce homelessness in the country
4.0 Product Outline
Many ask how and why we decided to start Baya Weavers and revolutionize the construction rather
follow the old footsteps of typical methods. The 3D printer itself is premade according to our
customization and utilization.
The process of 3D printing a house:
-Step 1: It is possible to accomplish a building project in a fraction of the time with a 3D printer.
Construction of a house using 3D technology may be finished in as little as one and a half months, as
opposed to the conventional six-month timeframe. Construction of structures in a short period of time
might be critical in an emergency circumstance offering a size range from 10ft x 10ft to all the way to
100ft x 100ft.
-Step 2: Numerous mix formulations that are almost identical to mortar are available. It takes 2 weeks
to evaluate each mixture for a variety of properties, including fluidity, bonding, water resistance,
seismic resistance, curing, and strength. Structure and engineering goals dictate the PSI range of a
mix, which can range from 1200 to 10,000 PSI.
-Step4: You will need to create a 2D design using CAD software and then convert it to a 3D model
using any software that can produce an STL file.
-Step5 : For each print pass, an STL file is imported from the 3D model and the height of each print
may be set. Code is exported once each print pass has been sliced into separate nozzle movements.
-Step6: Electrical boxes and plumbing are added during the printing itself leaving a beautiful, neat and
perfect finish without any gaps.
-Step7: After batching the mix on-site, the liquid components are added and blended to prepare it for
delivery to a computer-controlled pump that works in conjunction with the printer to manage nozzle
speed and material flow rate at the nozzle.
-Step8: After printing the walls, windows and doors are cut out while the print is still green, leaving
perfect openings for window/door casings.
-Step9: The secret of printing without halting every 12" as the rest of the world perceives it is to
employ a batch facility that meters all dry and liquid materials when temperature, wind, and humidity
fluctuate. The mix formula utilized at 5 a.m. is not the same as the mix formula used an hour later.
Baya Weaver offers a number of mix formulae with varying strengths and cure durations, eliminating
the need to purchase proprietary mixes and spending five times the price for what is currently
available from local batch plants.
5.0 Product cost analysis
# Material description Quantity Unit cost Total cost
1 3D printer-small 1 7,600,000 7,600,000
2 3D printer – big 1 15,500,000 15,500,000
3 Bolts and joints 250 1050 262,500
Total cost of the equipment 23,362,500
Table1
-Design: From the start, our engineers recognized the critical nature of developing a design that had
all of the same characteristics but was also simply understandable. A portable
printer that is light and simple to assemble on the field. Printers used at Baya
Weavers are 75 percent lighter than other printers in the market and take 80
percent less time to assemble. This is a printer that does everything, does it faster,
and costs half as much as the competition.
-Basement and second story: While the capacity to print basements and second stories is not
necessary in certain regions of the world, it is critical in Sri
Lanka as a space is scarce. Our revolutionary 3d printer utilized
can solve this problem by printing basements and upper levels
(limited to 3)
-After sale service: At Baya Weavers, customer is god! Therefore, we have decided to provide a 24/7
online portal and Social media pages so our customers can contact us at their convenience. Top to
that, a comprehensive limited 2 year warranty would be applied to the entire household that was
printed.
-Cost: Price is always a factor. As mentioned earlier the cost to print a house is
fraction of a traditional construction of a house. Which is an automatic marketing
strategy.
-Franchise: We are open for franchising and knowledge exchange with other engineers in the field. We
want them to invest in us not just because we can enable to gain extremely great profits for their
companies, but by doing so sri lankan construction industry would be taking
another leap into the future and be ahead of our neighbors in the continent.
As news of this innovation begins making its way to the public, demand will
become unimaginable. Since our customers are creating the exposure and
excitement, it’s only right that they share in the success and residual income
opportunity.
7.0 Marketing and implementation plan
NGOs who are looking for a low-income housing project to put some money into and low/middle
income clients are an initial business entry point. Baya Weaver designers and Builders (pvt) ltd offers
houses with less cost which can be built in less time as well. In order to keep the quality of the housing
projects consistent with the Institute of Engineers Sri Lanka, the development and the design section
of the projects will be under strict professional supervision. In order to increase the satisfied consumer
base and gain target market share, there are 5 different categories that will be added to the market in
the future.
2. Market Segmentation
Due to the inflation in Sri Lanka the budget to build a house with the conventional method is very high
compared to the method we have proposed and also takes dramatically less time, this is expected to
be the key growing factor as people want houses and NGOs around the world are willing to make it
possible for low and missile income people. During the market Baya Weaver designers and Builders
(pvt) ltd has targeted 3D printed cost-effective and less time-consuming construction of houses to
achieve market leadership. It has a innovative solution to improve the conventional method and a
relative solution that can solve many of the housing problems faced in Sri Lanka at the moment like
the budget and the duration needed to construct a building.
3. Pricing
3D printing is implemented into a variety of simple to very advanced and luxurious houses. The
simplest housing project will cost up to 2million and a very advanced one will be costing
approximately 18 millio
SALES REVENUE
14,000,000
12,000,000
10,000,000
8,000,000
6,000,000
4,000,000
2,000,000
Table 2
Month Sale Revenue
July 10,000,000
August 11,000,000
September 9,000,000
October 10,200,000
November 11,100,000
December 11,200,000
January 11,250,000
February 11,300,000
March 11,400,000
April 11,500,000
May 11,680,000
June 11,980,000
Total 131,610,000
Table 3
By June 2023, Baya Weaver designers and Builders (pvt) ltd's sales estimate is predicted to reach
11.98 million LKR, with a 10% market share. The predicted yearly sales estimate was computed by
dividing the entire expected market population by a customer growth rate of 2%. The total yearly sales
are anticipated to be LKR 131.61 million. In January and during the Sinhala Tamil new year, there may
be additional housing developments.
SWOT analysis
Strengths
• Ease of constructing building with required form and size
• This sector has enormous market potential and development potential, with essentially no local
competition.
• One competent 3D construction printer can print all of the building's essential elements.
• Product quality is excellent, and the manufacturing process is quite efficient.
• Cost effective.
• Sustainable Construction method.
• Being able to use recycled materials.
Weakness
• Hours of concentrated training and learning to operate machinery and software are required.
• Few machines may be expensive, and the initial investment may be substantial.
• Due to the current state of the country, there is a scarcity of materials and equipment.
• It's possible that finer print details will cause problems.
Opportunities
• Making portable printers.
• Social Media advertisements.
• Sharing our innovative ideas on engineering-related social media communities.
• Constructing luxury hotels and villas.
• Helpful and adaptable in extreme regions of the world.
• Introducing more modern gear capable of manufacturing even the tiniest detail.
Threats
• Compatibility and performance of the printing machine
• If it falls into the wrong hands, it might be exploited for illegal purposes.
• As a result of the global competitive nature of the sector, it is vital to stay up with innovations
and standards.
• Ethical issues.
9.0 References
.