BUSINESS PLAN
Choice Hubb
BUSNESS PLAN
Prepared by:
Bennett Obi, Rick Hernandez, Davis Ononiwu
- EXECUTIVE SUMMARY
Choice Hubb (referred to from hereon in as the "Company") is intended to be established as a Limited Liability Company at .................... with the expectation of rapid expansion in the information technology industry.
Business Description
The Company shall be formed as Limited Liability Company under Texas state laws and headed by Bennett Obi, Rick Hernandez, Davis Ononiwu.
Bennett Obi: Works as independent contractor to Spectrum, worked with Frontier communications as well as with AT&T; Reliant energy and many others in marketing their brands. Certified in SQL as well as power BI.
Rick Hernandez: Work as independent contractor to Frontier communications, with Reliant energy and for the most part with Nabisco. Long experience in sales.
Davis Ononiwu: principal consultant Onitech Consulting Group is an Information Technology firm that offers a powerful group of IT Infrastructure solutions and services designed for scalability, responsiveness and flexibility. Combining best-of-class solutions from our industry-leading partners together with our experienced teams of technology professionals, we provide solutions in the critical areas of: Security, Privacy, Compliance, IT Service Management, Cloud Integration, Business Continuity and Disaster Recovery. From requirements definition to design, deployment, management and support, Onitech certified engineers and practice-area experts and project managers enable successful execution of strategic IT programs.
Business Mission
Choice Hubb is formed in alliance with the advances made in science and inculcate such to make life easier for humanity.
New Service
The Company is prepared to introduce the following service to the market:
Concierge IT services: The service is geared towards providing seamless transition from door to door or business to business sales to contactless subscription of utilities/other services without the confrontation with the customers. NO SOLICITATION will be a thing of the past,
The service will use the kiosk system mounted at any participating apartment/office space right after signing tenancy agreement. Tenants will enroll in various services vis-à- vis, internet(s), power(s), home insurance(s), water, peste control, handyman, automobil service/tow, and movers, Tenant will be able to pick up equipment or return one in the case of moving out, make payments. Homeowners will access services at their nearest Walgreens/stores alike.
- BUSINESS SUMMARY
Industry Overview
In the United States, the information technology industry in the USA is a 1.9 trillion dollas in sales. People will continue to purchase these products; demands are only going to increase rather than decrease.
Research shows that consumers in this industry primarily focus on the following factors when making purchasing decisions: Customers will have variety of services to choose from be it internet, home insurance, power or movers. They will possess their power to choose based on the deals presented before them.
Business Goals and Objectives
Short Term:
Be able to convince the host of these services that this way of reaching customers is the best way especially in the influenza period.
Long Term:
To make this way of reaching customers a global phenomenon.
Legal Issues
The Company affirms that its promoters have acquired all legally required trademarks and patents.
- MARKETING SUMMARY
Target Markets
The Company's major target markets are as follows:
The target is anyone who uses internet, power, home insurance, moving in or out to anywhere. The estimated number of potential clients within the Company's geographic scope is 1,000,000.
Pricing Strategy
The Company has completed a thorough analysis of its competitors' pricing. Keeping in mind our competition's pricing and the costs of customer acquisition, we have decided on the following pricing strategy:
The price is based on the individual companies since this kiosk is just a broker.
Promotional Strategy
The Company will promote sales using the following methods:
Marketing plans will include visiting apartment and office building owners to sale the idea of allowing kiosk to be stationed in the office space for a commission.
SWOT Analysis
Strength
The strength of this business resides in the ability to provide customers with wide array of choice alone without confrontation of a salesperson pulling one way or the other, make changes at a push of button, make payments with no human persuasion. Notification of payment due will go to customers email or text message as the customers chooses,
Weakness
The loss of jobs as automation will displace manpower, people might have difficulty making choices as they have become used to being helped. The elderly who might not be able to navigate the system will need help.
Services
First-rate service is intended to be the focus of the Company and a cornerstone of the brand's success. All clients will receive conscientious, one-on-one, timely service in all capacities, conflicts or complaints will be resolved by the hubb. This is expected to create a loyal brand following and return business.
- FINANCIAL PLAN
12-Month Profit and Loss Projection
Monthly expenses and salaries (projected) = $50,000
Revenue and sales for first year of business(projected) =$1,200,000
Gross Profit for first year of business (projected) = $600,000


