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    Group 6

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    Siddhant Aggarwal
    The document summarizes a business plan for a new cab aggregation service called Mobi-Cabs. Key points: 1. Mobi-Cabs will partner directly with Indigo Aviation and allow customers to book cabs on flight booking websites for convenient pickup and drop-off. 2. The CEO, CFO, and COO are identified. 3. Customers can save time by booking flights and cabs together, enjoy discounts, and the cab service guarantees on-time pickup and insurance if flights are missed. 4. The business will use a job order costing system to customize costs to each passenger trip. Revenue will come from fares and a potential food delivery partnership.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Group 6

    Uploaded by

    Siddhant Aggarwal
    67 views5 pages
    The document summarizes a business plan for a new cab aggregation service called Mobi-Cabs. Key points: 1. Mobi-Cabs will partner directly with Indigo Aviation and allow customers to book cabs on flight booking websites for convenient pickup and drop-off. 2. The CEO, CFO, and COO are identified. 3. Customers can save time by booking flights and cabs together, enjoy discounts, and the cab service guarantees on-time pickup and insurance if flights are missed. 4. The business will use a job order costing system to customize costs to each passenger trip. Revenue will come from fares and a potential food delivery partnership.

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    GROUP 6

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    The document summarizes a business plan for a new cab aggregation service called Mobi-Cabs. Key points: 1. Mobi-Cabs will partner directly with Indigo Aviation and allow customers to book cabs on flight booking websites for convenient pickup and drop-off. 2. The CEO, CFO, and COO are identified. 3. Customers can save time by booking flights and cabs together, enjoy discounts, and the cab service guarantees on-time pickup and insurance if flights are missed. 4. The business will use a job order costing system to customize costs to each passenger trip. Revenue will come from fares and a potential food delivery partnership.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    67 views5 pages

    Group 6

    Uploaded by

    Siddhant Aggarwal
    The document summarizes a business plan for a new cab aggregation service called Mobi-Cabs. Key points: 1. Mobi-Cabs will partner directly with Indigo Aviation and allow customers to book cabs on flight booking websites for convenient pickup and drop-off. 2. The CEO, CFO, and COO are identified. 3. Customers can save time by booking flights and cabs together, enjoy discounts, and the cab service guarantees on-time pickup and insurance if flights are missed. 4. The business will use a job order costing system to customize costs to each passenger trip. Revenue will come from fares and a potential food delivery partnership.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 5

    MANAGERIAL ACCOUNTING

    Submitted by-
    Sakshi Katolkar (1927745)
    Pragya Joshi (1927730)
    Siddhant Kumar Aggarwal (1927724)

    Submitted to-
    Prof Aparna Hawaldar
    Christ (Deemed to be University)
    Hosur Road
    Bengaluru 560029

    1|P a ge
    MOBI-CABS
    [Cab Aggregator with Indigo]

    This cab service is unique in its own way and differentiates from the present other Cab
    Service providers in the following ways:

     Direct Collaboration with Indian Aviation Company

    PEOPLE

    A. Siddhant Kumar Aggarwal- CEO


    B. Sakshi Katolkar- CF0
    C. Pragya Joshi- COO

    FUNCTIONING: [USP]

    Uber and Ola have their own websites and mobile applications but in our case,

    E.g. A person wants to go to Delhi from Bangalore and he books his tickets from Paytm
    /Clear Trip/ Goibibo / Yatra so when he is booking, he will get a tab on right side of the
    screen which will help them book the cab as well and those charges would be added in
    flight’s charges. The person can thereby fill in the pickup timing and the cab will be insuring
    the amount in case it gets late.

    This way, the customer:

     Saves time, Convenient and reliable


     Need not book the cab on different site and pay for it separately
     Enjoys Discounts, coupons along with Flight Bookings
     On time Pickups
     Insurance covered if Flight missed due to Late Arrival of Cab
     Wi-Fi and Real Time Flight Tracker Updates (In case the flight gets delayed)
     Reasonable charges
     Unlike other Cab Services giving 24 hours prior bookings, We will also take 4 hour
    prior bookings.

    2|P a ge
     Passenger can avail the option of “Outstation Taxi” within 300 km from the
    drop/pickup location and “Full day taxi”, for 4 hours (i.e. for 40 km) or 8 hours (i.e.
    for 80 km)
     Skip Check in Luggage Facility available

    The Services will be uninterrupted, timely and error-free

    PROMOTIONS

    1. Flat 15% off on booking Outstation Cabs

     Minimum booking value of Outstation Cabs should be Rs.2500


     Maximum discount up to Rs.400, Promo code: MTISGO

    2. Student Discounts

    COST STRUCTURE

    1. Fixed cost

    [Assets cost- computer equipment- phone, tablet etc. for drivers and employees, electricity
    bill, employee’s salary, insurance, advertisement, phone bills, vehicle depreciation, vehicle
    rent.]

    2. Variable cost

    [Driver’s salary based on distance, Fuel cost, Equipment maintenance, Vehicle maintenance,
    Cleaning supplies, Accounting fees.]

    3. Operational cost

    [Accounting, legal expenses, Insurance expenses, Web hosting cost]

    4. (Fixed) Sales and marketing cost- Broadcasting on flight ticketing platforms


    5. Key partners- Driver partners- Cab drivers
    6. Operational partners

    [GPS service provider, Internet service provider, and E-payment provider]

    7. Direct Labour- Cab Drivers Salary

    3|P a ge
    8. Indirect labour- Employees
    9. Direct Material- Cars owned, Cars on rent, Fuel
    10. Indirect Expenses- Sales and marketing cost
    11. Overhead Expenses- Rent of office, cleaner

    Revenue streams

    [Fares, Delivery service- Indigo Food Service (Food partner)]

    Key activities

    [Manage daily operations, Manage relationship, Govt. compliance and Manage Finances]

    Value proposition

    [For passengers- Affordable and lean fares, High quality service and Convenient rides,
    certified drivers, Active customer support system.]

    Excel Sheet Attached-

     Showcases Operations in the Initial month


     Cost Computation
     Revenue Generation
     Business Planning for the First Quarter
     Cost Breakdown Sheet

    Activity Based - Overhead Application Driver

    More technical cost drivers are driving hours, the number of ride orders, the number of
    passengers travelling, the number of rides completed.

    JOB ORDER COSTING SYSTEM

    We have a Job Order Costing system as there are different requirements and customizations
    for every passenger that travels with us so costing is customized according to it and thereby
    the process takes place.

     When Break even rides: 125, Profit- 7.825


     When Break even rides: 120, Profit- 7.0
     When Break even rides: 130, Profit- 8.0

    4|P a ge
    5|P a ge

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