consultancy business plan
TRANSCRIPT
Online Professional Consultancy
Entrepreneure Name : Ashutosh verma
Industry : Service & Knowledge Industry
Venture stage: Ready to launch
Current Operation: Prototype ready at http://india.avfconsultancy.org/
Market Leader : None
Proposition: To Provide personalized , one to one support & service.
Business Summary
To fulfill the day to day needs of individuals & Organisations in following domain area-
Legal Consultancy Services
Career Counselling Services
Financial Audit Services
Life Style & Health Care Advise Services
Parts of Available Services: a. Expert Advise Service b. Personal Services
Exmaple : A customer from Delhi region will subscribe the legal service- consumer court in Rs. 1000 and will get the expert advise for its case summary and will get lawyer service at Delhi court.
Value Proposition Expert PeopleLegal Services , Expert : Retired Law Professionals
Career Counselling, Expert: College Professors
Auditor Services, Expert: Senior CA
Health Care & Life Style Advise, Expert: Experienced Practioner
Experts will be offered by the commision per case basis.-- Expert's attitude towards business: Got rapid responses from the experts India wide when send invitation mail for commision Offering.
Advertisement Google, Social Media, E-mail, SMS, Hoardings
Potential marketMillions of related searches made every month on google
Got response by 50 customers when sent 2 lakhs e-mails for offering services.
Investment & Revenue (in lakhs) Graph
1st year 2nd year 3rd year 4th year0
20
40
60
80
100
120
140
160
Investment
Revenue
Revenues & Investments
Revenue : Subscription
Subscription Fee : Min. Fixed Fee AND % based Fee
Expected Revenue : Rs. 50,00,000 per year with 40 % annual growth.
Major Expenses: Infrastructure, HR, Advertisement, Server / Software, Commision to experts, Other Expenses.
Projected yearly expenses: Rs. 15,00,000 per year with 20% annual growth.
Expected customer attrition rate: 15 %
Time Required to establish the business: 4 Years
Competitors
Direct Competitors Indirect Competitors
Experienced Professionals None
Our Venture Differentiators: Fast, economic, advanced, accurate, I.T. based services.
Risks Mitigation
1. High customer retention2. Entry of New competitors3. Technology Threats
1. Ensure high customer satisfaction2. Focus on Advertisement3. Make the system automated
Risks
Industry leader's feedback on the business plan
1. “ I like the idea of online professional consultancy,business should focus on automation and low customer retention rate, we will consider it for funding after it once it achive 5,000 customers.”-- Mr. Mohit Bhatnagar, M.D., Sequotia Capital India. 2.”Display the accurate value proposition of the customer's payment at your website, i appriciate the effort to providing pro services online, for funding we are looking for the physical things selling via e-comm.” -- Dr. Ashish Gupta, Founder Junglee.com 3. “ I found your profile at microsoft venture profile and think that it is suitable for you to apply for funding at microsoftventures, seattle.”-- Mr. Mukund mohan, VP, Microsoftventures, Seattle, USA.
Thank You
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