Business

5 Pages 1185 Words

Ocean Fortune Trading Ltd is a newly company schedule to operate in Austin, Texas at the beginning of January 2006. The business has just recently found out there is a market for the new motorized bicycle in Austin. Such product is still unknown to the public and is not saturated yet as the product is in the introduction phase. Ocean Fortune believes that this market offers great opportunity to introduce and sell the electric motorized “Zap 20’ inch Power Bike” both on the local market as well as the overseas where great sales lead exists.

The Z-Bike is a versatile electric bike with a clean advanced style inspired by the aerodynamics of a sports car. The 20” wheel size makes it lightweight and easy to store. The specially designed mono tube frame is both beautiful and rugged. This bike combines the latest in electric drive with practical bike features including front suspension and 6 speeds. It will go 20 – 30 Km per charge and is an exciting bike for all ages. It is supplied with a 220V charger. As an alternative mode of transportation, the Zap Power Bike is 100% pollution free and contributes to a cleaner environment and the power consumption for charging is very low. The bicycle is classified under normal bicycle and no license is required. The Z – Bike can be use as a pedal power alone or power assist.

The direct marketing program that Ocean Fortune Trading Ltd will be concentrating on for the first 6 months is in Galveston, Texas only and once the business is established, the company will be looking in expanding interstate and overseas. The business consists of 2 partners and the company mainly focuses on import and export. Such business is also incorporated in Taiwan and Hong-Kong, however the major operation will be conducted in Austin. Ocean Fortune Trading Ltd is now issuing a proposal to potential investors inviting them to invest into the business and secured a Return on Investment within the n...