Business Plan

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Group name:

Mr. Tech 24/7


Members: Bascao, Louell Jay
Bonaobra, Edmel
Castro, Joshua
Dagsil, Chris Allen
Dionela, John Gualbert

I. Title Page - Content


Name of the Business: Mr. Tech 24/7
Names of the Proponents:
Bascao, Louell Jay
Bonaobra, Edmel
Castro, Joshua
Dagsil, Chris Allen
Dionela, John Gualbert
Company Address: Gonzalo Puyat St. Quiapo, Manila, 1001 Metro Manila
Telephone number: 0935-133-2689 (Globe)
0956-723-6769 (Globe)
0950-796-4936 (Smart)
8255-1129
Email and Website address: Mrtech@gmail.com
The Date: August 8, 2021
The name of the person/s who prepared the business plan:
Bascao, Louell Jay
Bonaobra, Edmel
Castro, Joshua
Dagsil, Chris Allen
Dionela, John Gualbert

II. Executive Summary: N/A

III. Description of the Business


Short Explanation of the Industry
Capital goods industries are sensitive to general economic downturns. Since
machine tools are mainly used to produce other capital goods, this applies especially for
the machine tool industry, making it vulnerable to economic fluctuations. The recent
economic downturn triggered by the pandemic and other negative effects was
mentioned as the biggest challenge faced by most machine tool builders. In 2019,
growing economic uncertainty through geopolitical events like the US China trade war
and Brexit led to a slowdown of the global economy. Import duties on raw materials,
metal components, and machinery affected the machine tool industry and the export of
machine tools. At the same time, the growing number of competitors in the low-quality
segment, challenged the market.
Technical services are one of the most common services found in all sectors of
any country. We would like to introduce our services. Dr. Tech 24/7 is a freshly
established technical service that provides installation, repair, and cleaning
maintenance for various machineries that can be found in your home. As our company
grows, we will target both local and large markets in order to demonstrate our abilities
and the high quality of work that our customers need.
All of the services that we give have a significant impact not only in your home,
but also on other companies or sectors that require our services
(MIKSCH, S. Machine Tool Market Trends and Challenges: ARC Advisory Group.
Access thru https://www.arcweb.com/industry-best-practices/machine-tool-market-
trends-challenges)
Description of the Business
Our business is under the category of technical services wherein we provide
installation, repair and cleaning maintenance for different machineries that can be find
at home such as refrigerator, air-conditioning, washing machines, electric fan units, etc.
All brands and models are accepted.
Dr. Tech 24/7 is a newly built technical service business. It is formed in a general
partnership type of business wherein all co-owners must take responsibility for all the
liabilities and debts incurs in the business.
Dr. Tech 24/7 is a repair and cleaning services that is available on site and in-
Home Service. We also offer to our valued customers an installation of different type of
Air-conditioning. This company aims to help those people who doesn’t have knowledge
on how to repair and clean their home appliances particularly those appliances that
have machines on it. As a company we’re targeting both small and big market, like
Residential Houses, Apartments, Stores, Condominium, Malls, and etc. Dr. Tech 24/7
aims to provide better services in affordable amount of pay.

IV. Description of the Service


As a company aiming the bigger and higher standard of services, our business
offers 24-hour service, day and night we are ready to serve our customers. It is the
reason why our business different to the other competitors, we can serve 24/7, and we
can do this all day.
We also make home services to our clients. What makes our business
successful? Our shop can be successful because we offer a home service that are
more convenient for the customers because they will not go to our store anymore, we
are the one that will be going to their house and if the work can be easily done it is
possible that the service will be done in their own home while they are watching. Our
team can also fix almost every kind of appliances at home, specifically air-condition,
refrigerator, washing machine, television, electric fan, rice cooker, stove, water purifier,
vacuum, oven, and etc. As long as we can fix it, we will make it. We also have hotline
numbers for more questions and no-contact conversations. Our staff are all
knowledgeable and skillful about their job. The price of our service depends on the work
that will be accomplish. We guarantee our customer the best service at a very fair price.
The price will be set before making the service. And the payment will be given after the
customer is satisfied for our solution in their problems.

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