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Business Plan Presentation FirstRunners. RunToShop 1. FirstRunners. Venture Mission and Strategy Business environment Execution Risk Analysis Key Assumptions and Financials. Our Mission. To re-create RunToShop site into a service which brings more customers and income. Strategic Intent.
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Business Plan Presentation FirstRunners RunToShop 1
FirstRunners • Venture Mission and Strategy • Business environment • Execution • Risk Analysis • Key Assumptions and Financials
Our Mission To re-create RunToShop site into a service which brings more customers and income.
Strategic Intent Implementation of new earnings logic and new design • List here your key actions (=how to get there): • Consider points on current site – what is good? What needs to be replaced? • Mock up consideration / re-design • Business modeling • Implementation of points above • Launch of new site
Our Earnings Logic Advertising brings income in a service which is free to use (=brings customers)
Business Environment • Market (Internet business via commercial advertisement in Finnish market) • Provide information (recommendations) of products to customers • One can get the same information for free in other sites
Project Execution Key Milestones: (service and business) • Mock up finished (now/1w) • Business plan (4w) • New site (6-8w) • Launch (8w) • Test • Fix?
Risk Analysis RISKS • Market -Similar service (recommendations) already included in buying services • Technology/Product -Narrow scale of business • Competence -Ability to succeed in market • ACTIONS • Market • -Provide better service • Technology/Product • -Aim for quality • Competence • -Offer more features
Key Assumptions And Financials • There is a need for this kind of a service and it is possible to make money out of it • Customers are there – people are always buying goods and this can be used to make profit. • No major competitor