Nerd Patrol Business plan

Table of Contents

Nerd Patrol Business Plan4

Introduction4

Venture Description4

Mission4

Keys to success5

Highlights of the business5

SWOT analysis5

Business Aspirations6

7Cs Product Life Cycle6

Growth Plan6

Organization of the business and key players7

Owner(s) - role(s) and qualifications7

Company legal structure7

Management team - roles and qualifications7

Employees - roles and qualifications7

Contractors/vendors (as appropriate) - roles and qualifications8

Operational structure8

General Manager8

Marketing and Advertising Manager8

Human Resources and Administrations Manager8

Financial Operations Manager8

Security Manager9

Organizational structure9

Financials9

Anticipated investment requirements to launch the new venture10

Anticipated operating costs of the new business10

Minimum Start up Equipment10

Anticipated revenue10

Financials11

Break-Even Analysis11

Sales Forecast11

Pro-forma cash flow projection for the first year of operation12

Anticipated return on investment from the perspective of three years in to the venture13

Marketing/Sales13

Summary of a marketing/sales strategy13

Measuring Marketing Plan14

Marketing/sales requirements for the business14

Price of goods/services14

Product14

Promotion15

Place16

PEST Analysis16

Political and constitutional Forces16

Economic Forces16

Social Forces16

Technological Forces16

Business Strategy Tactics17

Competition18

Operations18

Location of the business18

How the business will be operated19

Legal and sundry issues19

Legal and related issues that need to be addressed19

How legal issues will be handled19

Major challenges19

Nerd Patrol Business Plan

Introduction

The business idea behind this business plan is to create a computer service industry named “Nerd Patrol”. The business plan of Nerd Patrol will be focusing on the strategies to establish the business and set up the computer services company. The main aim is to provide the computer services to individuals and businesses. The business plan provides a step by step for the Nerd Patrol to establish the venture in the real market. It focuses on the venture, its organization, its financials, marketing, legal aspects, operations and other major challenges the business can face. The purpose of the business plan is to create a computer service industry which will be dealing in resolving of hardware and software issues. In this aspect with respect to advancement in technology and media, the business has excellent prospects for success. Success is a huge difference: the quality creates customer satisfaction, customer loyalty through a process that can become regulars of the Nerd Patrol, and thanks to their word of mouth the catchments area of the room can expand further (Senior, 1997).

Venture Description

Nerd Patrol is a company providing customer services. The aim of the company is the provision of full range of computer and networking services to individuals and small businesses. The services will include the hardware repairs, debugging software problems, hardware and software upgrades and dealing with network problems. The target market of Nerd Patrol is the individuals and business partners. Nerd Patrol will be a new business in the market but it aims to have an competitive edge by offering services and issue resolving services of after-service as well which will provide the customer full satisfaction even after the service have been offered. The services will be offered to the PC-based LAN systems and microcomputer server-based systems for both individuals and small-sized businesses (Teas, 1993). The strategies of establishing the business considered by the three owners include the following:

John can become full owner at the start and then Mary and Nabil can join in later in the venture with low start-up capital.

Second option considered by the three is a full-fledge start of the ...