The Dirhex Company

https://magnitt.com/startups/undefined/The-Dirhex-Company

0 Followers
0 Followers

Company Information

GCC SMEs are facing a cash flow problem due to the World Economic situation and to the introduction of VAT. The Islamic Banks are "closing the faucets" and the SMEs need cash to survive, increase the sales and get more customers.
As they use to say : "CASH IS KING"
So the main problem is "LACK OF LIQUIDITY".

The Dirhex Company (TDC ) is a SMEs network where the Associates can trade their services and products without using their own cash.

TDC will provide every Associate a Commercial Credit in Dirhex ( Trade Dirham ) to buy and sell with no struggle.
In this way they will get New Customers, New Business and all with NO CASH.
We will provide the LIQUIDITY.

We are projecting sales of $3,000,000 in year 1 and $9,700,000 in year 2 with an initial profit margin of 29%.

That assumes we will serve almost 4,000 customers/associates in year 1. We will reinvest 30% of our profit every year into growing the business.

We are projecting profit of $10,800,000 in year 3 and $31,600,000 in year 5, and more products and services will be added in order to increase the Target.

Our goal is to become the Largest Barter and Trading Exchange Company in GCC, involving at least 500,000 SMEs as The Barter Company in U.S.A. already do.

To get The Dirhex Company in Business we need to get at least $1,5000,000 to cover the Operating Expenses in year 1 in case of zero Revenue.

We would prefer to not carry on a 10 year loan, and for this reason we are opening our opportunity to Investors who trust us.

We accept $1,500,000 equity investment as per 33% of Company’s shares. It means that we estimate that The Dirhex Company net worth is $4,500,000.

According the Forecast it means that we are evaluating the Business almost the EBIT times 5 in year 1.

Exit strategy
Sell the Company in 3 / 5 Years

This exit strategy is just as it seems. From inception, we will build sales and brand value to get the attention of potential suitors. We will predetermine a level of profit at which we begin to market the company. We will build a brand that a competitor or conglomerate will see our company as a good fit to its long-term strategy. ( Banks, Trading Companies,... )

or

Go Public in 3 / 5 Years

The most complex exit strategy is jumping into the morass of regulations managed by the Securities and Exchange Commission. The process of selling all or part of a company to the public through the issuance of stock is a challenging proposition. The regulations will keep our lawyers happy for years to come. To plan to use this option, we must start the planning process almost from inception due to the stringent recordkeeping necessary.

Date Founded 06/2017

Primary Industry N/A

Founders 2

Team Members 1 - 10

Business type N/A

Development Stage Launch

Revenue generating No

Linked Institutions N/A

Demographics

Headquarter: United Arab Emirates (UAE)

Branches: N/A

Industries: N/A

Geographical focus: MENA

Related Startups

#
Login to discover more!