You have a great new idea and you want to start an own business? Don’t jump into business waters without a plan. What will you do? How will you find clients? How will you find suppliers? Are there too many competitors already? How will you find the money? What if something goes wrong?
These are important questions that should be answered before starting a new company. The business plan is simply a document that gives an overview of your business idea and how you intend to make money out of it.
2. TARGET PROBLEM
BUSINESS PLANNING SERVICE IS DESIGNED FOR :
• ENTREPRENEURS & STARTUPS – NEED TO FIND THE GAPS IN THEIR BUSINESS ASAP
• COMPANIES ENTERING NEW MARKET – NEED TO KNOW HOW TO CAPTURE THE MARKET
• COMPANIES WITH NEW PRODUCTS – NEED TO KNOW THE PROFITABILITY OF THE NEW PRODUCTS
• BUSINESS SERVICE PROVIDERS (EX. CONSULTANCIES, INVESTORS) – AS INPUT TO THEIR SERVICE
PROBLEMS:
• ENTREPRENEURS AND STARTUPS WITHOUT BUSINESS PLAN ARE MORE LIKELY TO FAIL
• EXISTING COMPANIES WITHOUT A BUSINESS PLAN ARE LESS PROFITABLE
• BUSINESS PLAN IS TREATED AS A FINAL DOCUMENT, NOT AS A GUIDELINE
• BUSINESS PLANNING REQUIRE BOTH EXPERIENCE AND KNOWLEDGE
3. BUSINESS PLANNING SOLUTION
HERE IS OUR 4-STEP METHODOLOGY TO THE PROBLEM:
1. EXTERNAL ANALYSIS
2. INTERNAL ANALYSIS
3. SWOT AND RISKS
4. FINANCIAL ANALYSIS
4. 1. EXTERNAL
ANALYSIS
WITHIN EXTERNAL ANALYSIS WE LOOK AT 3 THINGS:
1. MARKET SECTION - "WHO ARE THE CLIENTS?". BOTTOM LINE IS THE CLIENT SHOULD UNDERSTAND
THE MARKET.
1. MARKET OVERVIEW
2. PURPOSE OF BUYING
3. SEGMENTATION (BY GENDER, LOCATION, PREFERENCES)
2. INDUSTRY/COMPETITION - "HOW BIG IS THE OPPORTUNITY?" BOTTOM LINE IS THE CLIENT TO
UNDERSTAND WHAT HE IS GETTING INTO.
1. STATISTICS (GROWING, SHRINKING, TRENDS)
2. COMPETITION (DIRECT, INDIRECT, COMPETITOR GRADING, HEATMAP)
3. TIMELINE (HOW THE INDUSTRY MATURES OVER TIME)
3. GOVERNMENTAL ASPECT - "HOW THE GOVERNMENT IMPACT THE BUSINESS?“. BOTTOM LINE IS THE
CLIENT TO UNDERSTAND THE GOVERNMENTAL LIMITATIONS
1. COUNTRY LAWS, PROCEDURES, LICENSES, REGULATIONS
2. LOCAL BODY AUTHORITY OR AGENCIES (EX. FOOD STANDARDS)
5. 1. EXTERNAL
ANALYSIS
COMMONLY USED TOOLS:
1. PEST ANALYSIS - POLITICAL, ECONOMICAL, SOCIAL, TECHNOLOGICAL
ANALYSIS
2. PORTER’S FIVE FORCES
3. COMPETITOR ANALYSIS
4. HEAT MAP OF COMPETITORS
5. BENCHMARK AGAINST WORLDWIDE INDUSTRY LEADERS
6. MANY, MANY OTHER TOOLS
6. 2. INTERNAL
ANALYSIS
HOW THE COMPANY WILL BE PROFITABLE?
WITHIN THE INTERNAL ANALYSIS WE LOOK AT SEVERAL ASPECTS:
1. BUSINESS MODEL – HOW WILL MAKE MONEY (BUSINESS MODEL GENERATION)
2. PRODUCT/SERVICE SPECIFICATION – 4P/7P
3. PROCESS WORKFLOW – STEPS FROM PROSPECT TO HAPPY CUSTOMER
4. ORGANIZATIONAL STRUCTURE – WHO IS RESPONSIBLE FOR WHAT
5. MARKETING PLAN – WHO IS THE TARGET AND HOW TO ATTRACT THEM
6. SALES PLAN – HOW WILL SELL TO THOSE CUSTOMERS
7. ACTION PLAN – ACTIVITIES NEEDED TO BE DONE
8. USP (UNIQUE SELLING PROPOSITION) – HOW WILL DIFFERENTIATE FROM
COMPETITORS
7. 3. SWOT AND RISKS
A SUMMARY OF THE ENTIRE WORK (SEE SWOT DOCUMENT)
1. STRENGTHS (TAKEN FROM INTERNAL ANALYSIS)
2. WEAKNESSES (TAKEN FROM INTERNAL ANALYSIS)
3. OPPORTUNITIES (TAKEN FROM EXTERNAL ANALYSIS)
4. THREADS (TAKEN FROM EXTERNAL ANALYSIS)
RISKS - FROM SWOT ANALYSIS WE TAKE ALL POTENTIAL RISKS, AND WE ANALYZE
THE PROBABILITY AND IMPACT FROM EACH.
8. 4. FINANCIAL MODEL
A FINANCIAL PRESENTATION OF EVERYTHING WRITTEN UP TO
HERE
1. BASIC ASSUMPTIONS AND FORECASTS
2. INCOME STATEMENT – PROFITABILITY OF THE COMPANY
3. BALANCE SHEET – HEALTH OF THE COMPANY AT SPECIFIC DATE
4. LIQUIDITY STATEMENT – CASH STATE IN THE COMPANY
5. BREAK-EVEN – WHEN REVENUES COVERS ALL COSTS
6. RATIOS – MORE COMPLEX FINANCIAL ANALYSIS
9. WHY BIZZBEE
SOLUTIONS?
• ESTABLISHED MARCH 2016
• WITHIN 12 MONTHS GREW TO 3 OFFICES
• 30+ BUSINESS PLANS – FROM LOCAL STORE TO MOBILE APP
• TEAM TO SCALE UP - 30 PEOPLE ALL FULL-TIME, IN-HOUSE EMPLOYEE
• STRONG EXPERIENCE - WORKED WITH 150+ CLIENTS FROM 30+ COUNTRIES
• TOOLS AND KNOW-HOW
• POTENTIAL TO EXPAND THE SCOPE – WE OFFER ADDITIONAL BUSINESS SERVICES
• OUR PRESENCE ON FREELANCE COMMUNITY:
• UPWORK – 99% SUCCESS RATE ON 100+ JOBS WITH 1.000+ HOURS WORKED
• FREELANCER.COM – 5-STAR FEEDBACK WITH 100% COMPLETION WITHIN BUDGET AND ON TIME
10. Business Plan – Financial portal targeting women
Client: The New Savvy (financial portal)
Country: Singapore
The client first required our services when they needed
cross-country market research on 3 industries (Events,
Advertising and Market Research) in SEA countries. After
scanning the all three industries in 6 countries
Singapore, Malaysia, Indonesia, Philippines, Thailand and
India and gathering all the needed information, we’ve
compiled a 100+ pages of market research. The research
was exceptional, so the client continued the cooperation
toward building a business plan. The business plan
covered all SEA countries on all 3 industries, including
internal analysis and financial model.
Later, we’ve made another business plan for Wealth
Management robo-advisor for Singapore, Malaysia and
Indonesia.
Client Feedback:
• Their job is amazing and they went beyond what was
expected.
BUSINESS PLAN REFERENCE
Sample
11. Business Plan - Hydroponic Lettuce Farm
Client: Hydroponica (Agriculture)
Country: Kuwait
An entrepreneur from Kuwait saw an opportunity to
create a hydroponic lettuce farm in his country where
the agriculture is not developed because of the
unfavorable geographical location.
He needed a business plan and a financial model in
order to receive the required funds. After conducting an
external analysis of the particular Kuwaiti environment
and an internal analysis of the company we were able to
build up a comprehensive business plan along with a
financial model.
Client Feedback:
Experienced company who work quickly and ensure that
the requirement are understood before the project starts.
They did more than just the required job. Acted as an
advisor throughout the steps.
BizzBee Solutions were very structured in the way they
worked with me. The work they did was extremely
useful, they exceeded expectations!
BUSINESS PLAN REFERENCE
Sample
12. • BUSINESS PLAN FOR AN IMMIGRATION AGENCY IN AUSTRALIA LINK
• BUSINESS PLAN FOR A NIGHT LIFE MOBILE APP IN WASHINGTON, USA LINK
• BUSINESS PLAN FOR A PRINTING SOLUTION IN BERMUDA LINK
• BUSINESS PLAN FOR A MOVIE STUDIO IN NOLYWOOD, NIGERIA LINK
• AND MANY MORE…
BUSINESS PLAN REFERENCE
13. OUR 4 MAIN SERVICES
FROM ENTREPRENEUR TO SUCCESS:
• MARKET RESEARCH
• BUSINESS PLAN DEVELOPMENT
• PRODUCT SOURCING
• LEAD GENERATION