Resources that support our BMC
· Initial cost structure
o Helps keep our costs down while we make our place in our target market
o Make to order – keeps our funds working at all times without having too much inventory, also allows us to manufacture different holsters for the light as well
· 2 versions of our brake light
o More complex version for higher end vehicles and a simple version for simpler cars, (BMW 745 – Honda)
· Overseas manufacturing – allows us to manufacture at a low cost, so we will be able to manufacture enough so that newcomers can’t under price us and create problems
Essential Assets
· Patents for multiple designs of our product
o This will help ensure that if anyone does attempt to replicate our product the cheapest and simplest methods will belong to us
· Intellectual capital – the knowledge our team posses in regards to the development and launch of our venture
o The ability to build the prototype
o In depth knowledge of vehicle wiring and mechanics
o Running and maintaining a business
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