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UFLO

Published on Nov 18, 2015

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PRESENTATION OUTLINE

HOhan co.

Founded in 2013

Company Profile

  • Founders:Maleeha Anwar, Miho Nagayama, Vivian Li
  • Nov. 2013, a elderly woman fell from wheelchair lift 
  • She suffered leg/brain injury but luckily survived
  • Three founders were changed by this story 
  • Aim to make a better assistive machine than wheelchair

Did you know...

  • 155,000 Canadians use wheelchairs
  • 52% of Canadians 65+ use a wheelchair
  • As their primary means of mobility

UFLO

You float with 
Photo by mira_foto

Design-UFLO

  • Lightweight, compact
  • Joystick to control direction/altitude
  • Personalized colour, user-friendly
  • Heated seat feature
  • Jet engine to create air pressure to float

competition

  • Wheelchair companies 
  • E.g. Invacare Corp., Permobil AB, Hoveround Corp....
  • Disadvantages:
  • Electric: battery runs out, bulky
  • Manual: flat tires, excessive upper body strength

benefits of uflo

  • Lightweight, compact
  • Does not require much energy
  • More controllable on difficult terrain
  • Spare and long-lived batteries
  • Personalized, user-friendly

tARGET MARKET

  • Target: People who cannot travel on foot
  • Focused consumers: Elderly people
  • Less suitable for: people who own it for fun
  • Focused Market: Canada

PROMOTION & PLACEMENT

  • TV/Internet/Radio/Billboards
  • Hospitals/Schools/malls
  • Available on online store 
  • Focus: Medical Services

sTORAGE AND DISTRIBUTION

  • Manufactured in Alberta, more East headquarters  
  • Air Cargo/Train Cargo delivering
  • Low demand:Alberta, Yukon, Northwest, Nunavut
  • High demand: Nova Scotia, New Brunswick
  • Low 2000-6000/ High 6000-10000

Cost

  • Estimated cost: $2500
  • Initial number: 10000
  • Budget (per UFLO): $2000
  • Profit (per UFLO):$500
  • Other expense: $1 million (delivery, advertising..)

your share

  • Optimal Market Value: $5 million 
  • Budget: $3 million
  • 25% of the company for $2 million investment