Business Plan

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Business Plan by Mind Map: Business Plan

1. Executive Summary

1.1. Customer and Market Analysis

1.1.1. USA, & European Companies

1.2. Service Offer Definition

1.2.1. Providing Business Development Consultancy

1.3. Revenue Forecast and Financial Analysis

1.3.1. US $ 10K to US$ 15K per month

1.4. Sales Execution Plan

1.4.1. Approach FinTech companies who are seeking to expand into the MEA region without having to invest in the infrastructure, operations and sales staff in the region. Target at least 50 companies by end of July 2020.

1.5. Go-To-Market Strategy

1.5.1. Research on your own contacts, + Linkedin + Silicon Valley + Beverly Hills + Chamber of Commerce in the USA, + in Ireland and in London, +

2. Plan

2.1. Market Analysis

2.1.1. Situational Analysis / Drivers What is driving us to do this? income without being dependent on anyone - as difficult to find job SWOT Analysis Strengths Weaknesses Opportunities Threats Customer Findings - What have we learned from customers?

2.1.2. Competitive Analysis Do we have competitors and threats in these target markets with the proposed offerings? Distributor and resellers What are our competitors doing and how are they positioning? not sure How do we position against each competitor?

2.1.3. Target Customer(s) Buyer Profile Title Industry Geography Business Size Influencer Profile Someone who can recommend me as Tausif Ahmed experiences User Profile What do customers want and need? They want a reliable, reputable, proven business development What business problems do each of these customers have?

2.1.4. Customer Segmentation Which customers or sets of customers do we sell to? What are the target market segments that we want to go after? What are the distinct problems for each segment of the market?

2.1.5. Total Available Market New Prospects How much of each target segment have we penetrated? How much opportunity is available in each target segment? Existing Customers Can we up-sell existing customers?

2.2. Offer Definition

2.2.1. Service Offer What are we selling? Product Definition Pricing Packaging Positioning

2.2.2. Value Proposition What is the Value Proposition to the Customer? What pain are we solving?

2.3. Financial Analysis

2.3.1. Revenue Forecasts Revenue and P&L Forecast (5 Years) Revenue should be split out quarterly

2.3.2. Cost Analysis Should include a description of the costs in entering this business and profitability analysis

2.3.3. Profitability Analysis P&L for the offer to include gross margin, net income and break even analysis.

2.4. Sales Execution Plan

2.4.1. Sales Strategy Direct Sales Strategy Inside Sales Strategy Channel Sales Strategy

2.4.2. Partner Strategy Channel Strategy What 3rd party channels should we consider for reselling this service? Technology Partnerships What technology vendors (if any) do we need to work with to execute on this plan? Solutions Partners

2.5. Go-To-Market Strategy

2.5.1. Positioning & Messaging What is the key messaging and positioning for the service offer? (Pain, alternatives, solution) How do we communicate internally? How do we communicate externally?

2.5.2. Promotion Strategy Marketing Programs (Installed base versus new prospects) Advertising (Publications, etc.) Analyst Relations (Target Analysts) Public Relations Events (Trade shows, SEO/SEA, Seminars) Webinars

2.5.3. Demand Generation & Lead Qualification How do we generate and qualify new leads for the target offer? Prospect Lists Key Questions to Ask Sales Collateral Presentations Data Sheets White Papers ROI Tools Other Sales Tools (web site, etc.)

2.6. Measure and Improve

2.6.1. Numbers, budget, waterfall, break-even (cost>leads>trials>deals)

2.6.2. Sales Programs

2.6.3. Accelerated Learning Strategy, Controls, Metrics

2.6.4. Include feedback loops

2.6.5. Include financial metrics (definition of success)

2.6.6. Pipeline reports, etc…

2.7. Other Considerations

2.7.1. M&A?

2.7.2. Risk Analysis & Mitigation