The client has an idea to open an Esports bar and social space with a VR “immersion-scalable” arcade experience with it. He needed a Business Plan in order to raise capital. We developed the Business Plan that was consisted of three parts:
- External analysis – An overview of the market was made, as well as a competitive landscape which included the direct as well as the indirect competition. A PEST analysis was made as well.
- Internal analysis – In this part contained several sub-chapters: Business model, Mission & Vision of the company, Marketing plan, Process Workflow, Organization structure, SWOT analysis, and Risk Management
- Financial model – Finally, everything that was researched and carefully structured was presented in the financial model which included the income statement, cash flow statement, break-even analysis, and balance sheet.
After a video conference and a questionnaire, the BizzBee Team did great work, fast, and during the end of year holiday season!