Wishful Events is a fantastic on-side childcare service for events such as weddings, company BBQs and other outings. Wishful Events provides a high quality service with customized age-appropriate games and activities so parents are free to enjoy the day.
I helped the good folks at Ride On! Bike Co-Op with their business plan to present to investors.
Ride On! is a full service bicycle shop and cooperative located in Leimert Park, Los Angeles. Their goal is to introduce the cycling community to youth and other participants in and around Leimert Park. They hope to teach a rewarding activity and lifestyle that is not readily accessible to the local community. In addition to bicycle products and services, they offer free bike clinics to members and non-members of the cooperative.
Titanium Coating Services is a PVD (physical vapor deposition) service located in Los Angeles, California. PVD is a method used to deposit thin films of a material onto various surfacses. PVD coating is used in machine components to reduce wear and friction on equipment.
I created a business plan complete with 5 year financial projections that was used to attract investment capital for Titanium Coating Services.
I had the opportunity to help Latinos for Cannabis with their business plan. Latinos for Cannabis is a community based organization that is committed to raising
awareness on the social, economic, and medicinal benefits that Cannabis has to offer.
Sometimes my clients ask for a business plan but aren’t yet seeking funding or aren’t beyond the ideation/conceptualization stage. This is where a business model is helpful.
“I have an idea for a product/service. How do I monetize?”
At this stage, you don’t need to exactly know the details of marketing strategy, distribution channels, location, etc. unless it is crucial to your business model.
At the ideation/conceptualization stage, you need to know who your market (i.e. customers) is, growth rate of the industry, who your competitors are, the major costs to bring your product/service to market, and any other major hurdles (e.g. regulatory) that might be a barrier to entry. Business models are 30,000 foot views for seeing if the business is feasible and viable. Why decide on the color the napkin if you’re not sure if there’ll be a wedding, right?
Once we have a good understanding of IF the business is likely to succeed, then we can investigate further and do a feasibility study. Feasibility studies go even deeper to include details of the operation, marketing, product/service, and other pertinent information specific to the industry/sector that your company will occupy. Feasibility studies can be easily adjusted into a business plan by adding revenue projections and investment asks.
Business model should not be confused with revenue model. Revenue model is a piece of the business model. In other words, how the company generates revenue: production, subscription, advertising, commission, etc.
Atlanta based, BizBoards improves the online marketplace for these key business activities by creating a simple affordable one-stop-shop. As of now, customers are paying large fees to use an unattractive interface to find/advertise work, investments, business sales, and partnerships. BizBoards streamlines this once difficult process with a sleek, effective, and powerful solution.
I prepared a business plan and pitch deck that allowed them to secure financing and attract team members for their launch.