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Business plan for self-financed start up
Business Plan Services was engaged to prepare a business plan for a start up venture that was to be self-financed but required a business plan for the management team to fully evaluate the opportunity available to this business. Should the business be considered viable from this initial work, the business plan was to be used as a roadmap for implementation.
The business involved the launch of a virtual call centre earning an 80% margin from a premium rate telephone number which was to provide motorists with 'live' telephone directions from qualified taxi drivers for which ‘desperate’ callers were expected to be willing to pay a premium.
Business Plan Services was commissioned to prepare a tailor-made business plan that included:-
our undertaking and documenting of appropriate and available supplementary desktop research relating to the market within which the business was to operate;
our strategic input to ensure that the way in which the client was proposing to launch and grow the business was viable;
our writing of the business plan’s comprehensive narrative, having regard to the needs of the management team; and
our development of a financial model covering a 3-year period.
The business was deemed viable from Business Plan Services' initial work and was moved on to launch from the client’s personal resources and continues to grow today.
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