SlideShare a Scribd company logo
1
HKRUSH
BUSINESS PLAN
Prepared by:
LI MING LOK/ SIU CHI TIM/ LO CHEONG WA
14/7/2015
2
Table of Contents
Page
1) Executive Summary 3
2) Service 4-6
3) Marketing Strategies 7-10
4) Financial Plan 11-18
5) Marketing and Promotion 19-20
6) Organisation Chart 21
3
Executive Summary
Who We Are?
HKRushis a logisticsstartup fillingthe gapof same-daydeliveryinHongKong.The P2P
platformcreatedsecuresdeliveryefficiencyatareasonable price bycrowdsourcingthe
logisticsnetworkinthe city.
It isfoundedbythree passionate youngsterswhohave workedina renownedlogisticsfirm
aftergraduation. Breakingthe oldrulesof logisticsindustrywouldbe ourvisionbehind. This
model invites all residentsinHongKongtojoinour team.Everyone couldbe couriers and
everyone canearnmoney.
Thismodel also helpstoincrease the competitivenessof online sellersbyimprovingthe
shoppingexperience of customersasgoodscanbe deliveredwithinhours.
What are our Goals?
Our goal is literallyrelatedtoourcompanyname - HKRush.Creatingthe mostefficiency
logistics networkisourfirstgoal forthe people andforthe society. Betterutilizingthe
hiddenresourcesinthe societyandbuildingabetterrelationshipforthe people inthe
“crowd” wouldbe the secondgoal.If we could make these achievements,abettersociety
couldbe built.
Financial Summary
Our revenue-generatingmodel wouldbe mainlybychargingcommissionfromthe freight
rate andcultivatinganewshoppinghabitforthe customersafterourlogisticsnetworkis
mature.
Thisfinancial planwasdevelopedbasedonourexistingcashamountandtrackingtrendsin
revenuesandexpenses.A three yearstrackof saleswithrelatedexpenseshasbeen
estimated.Salesof the firstyearare projectedabout1.5 million,witha netloss of
HKD158,500 since no commission wouldbe chargedaswe want to strengthenourlogistics
network.Majorexpenseswouldbe spentonpromotionandthe set-upcost. The netprofit
ratiowill increase to 4.58% and 8.44% respectivelywhen we startstocooperate with
businessinO2OdeliveryinYeartwo.
4
Service
1. Nature and feature of service
I. Crowdsourced same-day delivery platform
HKRushprovidesasolutionforsimple,affordable,andconvenientsame-daydelivery.This
bridgesthe lastmile gapbetween businesstocustomerorcustomerto customer.
The peerto peerlogistics platformwe built helpsthe societytounleashthe potential logistic
power.We act as a middlemantobridge the informationgapbetweensenderandcourier.
Thishelpstobetterutilise the hiddenlogisticspowerinHongKong. Simplyregisteringasa
courierthroughour applicationandprovidingthe requiredinformation,everyonecouldbe a
courier. Thisis the mainideawe wouldlike tobringout. Sendercanmatch withcourier, vice
versa,throughour platformwithouthassle.
The platformwill be built inthree ecosystems –Android,iOSanddesktopversioninorderto
suitthe needsof differentmarkets.Mobileversionprovidesabasicinterface fornormal
usersto create a delivery.Webversionmainlytargetsbusinesseswhichneedalarge inputof
data and a sophisticatedinterface providingfeedbackandtrackingfroma listof waybills.
2. Businessgoal
I. Searchingnewsource of capital
Thisbusiness model requirescapital supporttofastenthe implantationof demandamong
citizensin the firststage and diversify the service linesinthe secondstage of development.
Huntingforcapital injection fromdifferentseedfunding wouldbe ourprimarygoalsinthe
comingyears.Thiscan put our businessonthe fasttrack to growth.
II.Generatingnewsource of revenues
We wouldlike toinvolve every citizentojoinourplatformandcreate an enormouslogistics
network. Hiddenresourcesinourcitycan be betterutilised.Byspendingayearto
consolidate ourlogisticsnetworks, providingconveniencetopeople ineverydaylife would
be our ultimate goal.
The firstone we wouldlike to revolutionise isthe online shoppingexperience. By
cooperatingwithO2Osellers, expressdeliverywithintwohourstothe userscan be
promisedata reasonable price. Thishelpssellerstosolve the last-mile problemand increase
theircompetitivenesscomparingtothe physical store.
Creatinga “one hour livingcircle”wouldbe oursecondgoal.Deliveryfrom foodtakeawayto
freshproduce wouldbe availablewithinanhourinour secondstage. Justa few clickson
theirsmartphone,theycangetwhatevertheywantwithouthassle.
5
III.Buildingbrand recognition
Innovative,reliable andtrustworthywouldbe the image we would like toimplantonevery
user.Such image isessentialforusto developourservice linesandnegotiate with
businesses.
IV.Findingnewmarketsforourservices
For the traditional expressindustry (businesstobusiness),we wouldliketo be a game
changerand rejuvenate the local deliverymarketandprovide flexibilitytosmall firms.
Higherefficiency andshortertransittime are the thingslackinginthe currentmarket. That is
the reason whywe are here and that iswhat we are tryingto offer.
3. IndustryOutlook
PayPal expects the total onlinesalesvolume inHongKong wouldbe overUSD2.5 billionin
thisyear. We couldforesee there will be a continuous uphill climbforthe demandof local
deliveriesasthe O2O salesvolume keepsraisinginthe pastseveral years.
Deliveryof dailynecessitywouldbe the nextarenaassmartphonesmake shoppingeasier
and sellerscouldmake directcontactswithcustomersjustthroughamobile application. We
couldforesee the marketexpandingat afasterpace inthe near future.
Insufficientmanpower,however,hindersthe growthinlogisticsfield. One of the challenges
inattracting newblood tothe industry isthat the workingconditionisconsideredtoughby
the newgenerations.
4. Service Niche
What we offeronthisplatformis door-to-doorsame daydelivery. The platformhelpsusto
match out the bestdeliveryroute andprovide the easiestwaytogetthe thingsdone.
Same day Delivery:
Platform TransitTime Tracking Areas
covered
Delivery
efficiency&
flexibility
SMS
verification
Specified
delivery
time
Insurance
HKRush
P2P
Platform
Withintwo
hours
GPS, real
time
tracking
All regions
including
outlying
islands
4 Yes Yes Yes
6
Remark: 4 is the highestand1 is the lowest
A comparisonhasbeenmade acrossus and differentcompetitorsfromthe table above.
The most apparent advantage wouldbe the safetymeasureswe have done.Real time
trackingof parcelscouldbe possible ascourier’sphone helpstoidentifyitslocation.
Verification code willbe senttoreceiver’sphonenumber andneedtobe enteredwhenthe
parcel isdelivered. Thisensuresthe parcel isdeliveredwithinthe promisedhourstothe
rightconsignee.
Regardingcost-efficiencyanalysis, the highestefficiency withthe lowestprice isprovided to
our users.Everycourierunderourplatformbasicallycould deliveronlyone tothree parcels
each time andthe commissionthey earnisaboutfourfoldscomparingtothe traditional
couriers. Highcommission guaranteesthe quality. Ourpoint-to-pointdeliveryalsoeliminate
the time wastedindistributioncentre andspeedupthe deliveryprocess.
From the standpointof users,we enable the ultimate customerexperience. Userscan
choose the pick-uptime andthe deliverytime accordingto theirdesires.Thisisnotplausible
for traditional couriers todeliverata particulartime.Thiscangreatlyincrease the successful
rate of first-time deliveryandreduce the burdenof sellerstofollow upunsuccessful
deliveries.
Market Strategies
Traditional
couriers
withinsix
hours
Only
sizeable
couriers
provide
limited
tracking
services
Major
commercial
areas
1 No No Yes
In-house
delivery
team
Dependson
route
planning
No All regions
excluding
outlying
islands
2 No No Yes
Logistics
start-ups
Withintwo
hours
No All regions
excluding
outlying
islands
3 No Yes No
7
Target customer
Our service isa P2P platform providingcrowdsourced same-daydeliveryservice.Itincludes
bothcouriers and customer.
Our targetcouriers are all the citizenswhowanttoearn extraincome bydeliveringthings
for people inthe community.Thatmeansnomatter whatthe occupationof the couriers is,
he/she canstill applytojoinourteam.
Basedon the statisticsgivenbythe government,the numbersof 2.5G and 3G/4G mobile
subscribersinHongKongare 12,323,114. Therefore,the potential numberof couriersin
Hong Kongare overthan 5 millionbasedonthe researchfromthe Japanese mediathateach
personownmore than twomobileswithdatausages.
Our targetcustomersare all the people whoneedtodelivertheirstuff immediatelyoron
the same day. Inthe firstyear,we mainlytargetindividual customers. Afterthat,
cooperationwithbusinessclientsandprovisionof customizedserviceswouldbe ourmain
focus.It iswelcome forrestaurants,officesorindividualstoplace anorder onour platform.
Market positioning
We positionourselvesasa specialistof same-daydelivery. Traditional couriers suchasS.F.
Express,MorningExpressclaimthattheycan provide the same daydomesticservice if the
orderis placedinthe morning. The service,however,isrestrictedto the commercial area
and couldnotpromise todeliver atspecified time. Moreover,the cost isprohibitivelyhigh
for normal usersto requestthe courierstodeliverthe parcelswithintwohours.Thus,the
marketislackinga providerwithflexible orderingtime and placesof delivery atthis
moment.
The service thatwe provide tocustomers isdifferentfromthe vehicles-bookingcompanies
such as Gogovanand Uber.They merely connectregisteredvehicleswithcustomers to
provide point-to-pointtransportationservices. We,incontrast,connectsevenmillions
citizenstoprovide door-to-doordelivery. The logisticsnetworkwouldbe massive underthis
design.Also, ourtargetcouriersare all the citizenswhowantto earnextramoneyby
choosingavailable dealsthatfitthe routesof theirjourneys.Thisprovideshighflexibilityto
the users.
Hong Kongcitizens are busyand deliveryefficiency isof paramountimportance.Ourunique
service couldmeetthe highstandardrequiredatareasonable price. We allow themto‘set
theirown price’andfindsomeone to matchwiththe offer.If urgentdeliveryisrequired,a
higherprice couldbe setto reduce the time formatching.Thispractice wouldbe fairto the
partiesonboth sides.
8
Therefore,we putourmarket positioningonthe place thatthe customerscandirectlyenjoy
the customizedsame-daydeliveryservicebyhavingafew clicksontheirphones.Itisthe
mostconvenientwayforthemtodelivertheirparcel ata reasonable price.
Market competition
Directand indirectcompetitionscanbe facedfromtraditional couriers,in-house delivery
teamsand otherlogisticsstart-ups.
Traditional courierslikeSFExpress,DHL,Yamato andUC Expressare the major market
playersindomesticdelivery.The bestlogisticssolutionofferedisnextdaydeliveryandextra
workingdaysneedtobe addedfor remote areas.The majorhurdlesfortraditional couriers
achievingsame-daydeliveryare insufficientcapacityandprohibitivecost.Currentlogistics
model wouldbe infeasible asminimumfourtofive hoursare spentonassemblingparcelsin
distributioncentres beforethe firstdeliveryattempt.Furthermore,couriersare assignedto
deliveratmulti-pointandthislengthensthe average time neededforasingle delivery.
The largestmarketplayerprovidingdomesticdeliveryservice inHongKongisS.F.Express.It
providesthe same daydeliveryserviceif the customermake anorderbefore 11:00am. But
the deliveryislimited tothe industrial orcommercial areainHongKong.
Theywouldalsoprovide the Two-HoursExpressDeliveryService whichensures thatthe
parcel can be deliveredwithintwohours.Butthisservice isonlyapplicabletothe 5kg or
belowparcel only.The traditional deliverycompanieshave the brand advantage andbetter
customerservice andsupporting.Theyhave aclearstepto show youhow yourparcel is
transportedfromone place to others.However,the transittime cannotbe guaranteed
unlessyoupaymore to arrange a special delivery.
What they can offerisinsurance coveredpoliciesandcontinuoustrackingforparcels.The
sophisticatedin-house builtlogisticssystemandprofessionalimagesgiveconfidenceto
businessesandconsumers.
Normal Delivery:
9
Couriers Price ≤ 1 kg Price ≤ 3 kg TransitTime Additional charge
DHL** HKD24 HKD72 Before 1030 (majorcommercial
area)
Before 945 (otherareascovered),
same day
OthersT+1
New Territories:
HKD25
Remote areainHong
KongIsland:
HKD25
SF Express HKD22 HKD28 Before 1100, same day (B2B)
OthersT+1
Residential AreaT+1-2
Residential Area:
HKD30
UC
Express***
HKD17 HKD37 Before 1300, same day (B2B)
OthersT+1
Residential AreaT+1-2
Residential Area:
HKD30-150
** Onlyprovidespickupservice forDHLaccount’s holders
*** Needsto purchase a bundle of ticketsforuse
ExpressDelivery:
Couriers Price ≤ 1 kg Price ≤ 3 kg TransitTime Available to
residentialarea
DHL - - Unavailable -
SF Express HKD142 HKD148 Withintwohours No
UC
Express***
HKD77 HKD97 Withinfourhours HKD30-150
*** Needstopurchase a bundle of ticketsforuse and make pre-booking
An in-house deliveryteamreferstothe courierhiredbyfirmstodeliverthe productstoend-
users.Thislogisticssolutionprovideshighflexibilitiesforbusinesstosetoutitsdelivery
route and transittime can be easilycontrolled.Pressures,however,will be builtwhen
seasonal demandssurge andoperationalefficiencycanbe easilycompromised.Idle
workforce,vice versa,willeatupthe profitof the company.Thisdeficiencyrestrictsthe
flexibilityof the firmandresultsincostinefficiency.
Otherlogisticsstart-upslikeGogovanand Easyvanwouldbe anotherpartyhaving a
competitionwithus.These start-upsconnectvandriversandusersandwantto make last-
mile deliverieseasierforusers.The service canbe availedtomove furniture tonew
apartmentinanotherarea or to deliverweeklyneedsforastore to maintainstocklevels.
The start-upaims to be a one-size fitsall solution.Customisedlogisticssolutionandvast
base of driverswouldbe itskeyadvantages.
The basic pricingmodel,however,onlyprovidesdeliveryfrompick-uppointstodrop-off
points.Pricingfordoor-to-doordeliveryisunclearandvariesamongdrivers.Moreover,
10
parcelsare notcoveredbyinsurance underthese platformsandtrackingare notavailable
for users.Thiscouldnotgive sufficientconfidencetothe clientsforthe safetyof the parcels.
There iskeencompetitionbetween these companies.Theyprovide differentbenefitstothe
driversandcustomersinorderto increase the marketshare.Itis unstoppable forthemto
spendmore andmore money.Besides,S.F.Expressisgoingtoestablish the new appS.F.Car
to enterintothe market. Furthermarketcompetitionwill be stirredup.
Point-to- PointDelivery:
Couriers Price TransitTime Door-to-door
delivery
Additional charge
Logistics
start-ups
Dependson
the vehicle
typesand
distance
Withintwohours Additional charge:
Needtonegotiate
withthe drivers
Tunnel’sfee
Financial Plan
11
SalesForecast
Pricing ofService
C customers
C customersare the fundamental andthe initial groupof ourcustomerswhocontribute
100% of our salesincome inthe firstyear.We,the platformof the transitionof the goods,
stronglybelieve thatthe price shouldbe fullydeterminedbythe market.Therefore,atthe
beginningof ourbusinessstart-up,we onlyprovidethe suggestedpricesdeterminedbythe
marketprice of those expressdeliveryservicesinHongKongas referencesforthe customers
to setup theirmarketprice.Afterthe collectionof sufficientsalesdata,we will provide the
marketprice of differentgoodsindifferentweightsbyourselvesinorderthatthe market
priceswouldbe more accurate.
SalesForecast Table
Year 1 Year 2 Year3
(HKD$) (HKD$) (HKD$)
Sales
- C Customers 1,458,000 6,804,000 8,165,000
- B Customers - 6,000,000 12,000,000
Total Sales 1,458,000 12,804,000 20,165,000
Cost of goodssold
C CustomersWrittenOff 1,458,000 6,804,000 7,349,000
B CustomersWrittenOff 4,800,000 9,600,000
1,458,000 11,604,000 16,949,000
Gross Profit - 1,200,000 3,216,000
Gross ProfitRatio 0% 9% 16%
12
Income GenerationPlan
FirstSix Months
We will notgenerate anyincome inthe firstsix monthof ourbusinessbecause we are still in
the stage of appsdeveloping.The service hasnotyetlaunchedinthe market.
NextSix Months- NoCommissionCharged
At the firstyearof our business,we intendednottocharge any commissionfromall couriers
inorder to attract more people tojoinusas couriersand promote ourbrand name.We
thinkthat thisnewandinnovative ideainconjunctionwithourefficientmarketingand
promotionplancan catch customers’andgeneral public’seyeswhichleadtoa dramatic
start of ourbusiness.
SecondYear - B customers
Afterourbusinessgetsontrack, the accumulationof sufficientCcustomersandcouriers,we
will diversifyourincome source byexpandingourbusinesstoBcustomers.We majorly
target onretailingande-commencebusinessandwe provide the platformforthose
13
companiestodeliverthe goodstotheircustomersina more efficientway.We will charge a
certainpercentage of theirincome generatedthroughourplatform.Therefore,startingfrom
secondyearof our business,we change ourcustomertargetfromCto B inorderto expand
our businessfurthermore.
ThirdYear - 10% CommissionCharged
Afterourbusinessgetsontrack, the accumulationof sufficientCcustomersandcouriers,
expectinthe firstseasonof the secondyear,we will charge 10% of eachtransactionas
commissionorservice chargedinordertocover our lossesinthe firstyear.However,the
exacttimingandthe percentage chargedcan be changed accordingto the actual situation.
Budget
Budget Table
Year 1 Year 2 Year 3
(HKD$) (HKD$) (HKD$)
Rent 36,000 54,000 96,000
Marketing& Promotion 80,000 240,000 360,000
Salary - 396,000 972,000
Utility 16,000 36,000 48,000
StartingExpense 5,000 - -
Insurance 1,500 3,000 3,000
AppsDevelopmentExpensesWritten Off 12,000 24,000 24,000
FixedAssets - Depreciation 8,000 12,000 12,000
Total Expense 158,500 765,000 1,515,000
14
OperatingCost Incurred
FirstFour Months - AppsDeveloping
In the firstfourmonthsof our business,itis the stage of preparationandappsdevelopment.
We will inviteanotherpartnerwhose majorworkistofocuson applicationdevelopment.
NextSix Months - Preparation of Launching
We will move intothe officetoprepare the launchof the business,forexample,the testing
of the apps,the promotionof our servicesthroughinternet,the testingof ouroperation
flowandso on.Therefore,itincurscostof rental,marketing,utilityetc.
SecondYear – Focusingonbusinessclients
Afterthe shiftingof the focusfromindividualstobusinesses,we have tospendextracostsin
marketingandpromotion.The expansionof ourbusinessbringusextrapressure whichleads
to the hiringof two extracolleaguesandthe additional costof utility.
ThirdYear - GettingOn Track
Afterourbusinessgetsontrack, we needextra3 to 4 colleaguesaswell tomaintainthe
service qualityandsystemstability.Inaddition,the expansionof ourbusiness andthe
increase innumberof colleaguesleadstothe insufficientworking place.Therefore,the
rentingof a biggeroffice causesanextracost as well.More capital shouldalsobe investedin
marketinginorderto attract more B customers.
15
Profit / Loss
Gross Profit - 1,200,000 3,216,000
Gross ProfitRatio - 9% 16%
NetProfit(Loss) (158,500) 435,000 1,701,000
NetProfit(Loss) Ratio (11%) 4.58% 8.44%
Despite the factthat the netlossin the firstyearseemsveryhuge,itcomposeshugelythe
cost of developmentof the appssince the applicationshouldbe ahuge assetforus. More
importantly,thisinvestmentcostwill be furthercoveredbythe profitsintwoyearsafter.
Therefore,itisa worthyinvestmentplan.
16
Means ofCapital
FirstYear / BeginningOf The Business
At the beginningof the business,we have tospendover$100,000 in application
developmentandpurchasingassets.There are twomajorsourcesof our capital. The first
one isour saving.We,three personsgraduatedlessthanayear,lack of sufficientsavingto
start our business.We have some tensof thousands of HongKongdollars whichmay be
sufficienttomake ourown application; butsadly,itisnotenoughtosupportour further
operation.
Therefore,we stronglyrelyonthe secondmeansof capital - Fundingfromoperations.We
will applyforfundingnomatterfromgovernment,private companies,non-profit
organizationsinorderthatwe can obtainsufficientallowances,technical supports,
professionaladvicesandsoonto leadto a strongerstart of our business.
17
SecondYear Or After
In orderto maintaina highcompetitivenessinthe market,we lookforan investorwhois
interestedininvestingandsupportingourbusiness.We lookformore capital because itcan
maintaina highliquiditysituationof ourbusinesstoavoidrisksfrommarketturmoil thatwe
can take a fasterreactionif we have sufficientcapital.Inadditional,the capital andtechnical
supportfrominvestorscanleadto an upgrade of our servicesprovidedtoimprove our
competitiveness.
In case of no allowance andinvestment
In case there are no allowancesorinvestmentsfrompartiesorcompanies,ourmaintargetis
to come throughthe difficultsituation,suchas confrontinganegative cashflow situationin
the firstyear.However,afterfirstyear,afterthe successful cooperationwith business
clients,the financialsituationwill improve progressively.
ProjectedCash FlowStatement
Year 1 Year 2 Year 3
($HKD) ($HKD) ($HKD)
Operation
NetProfit(Loss) ($158,500) $435,000 $1,305,000
DepreciationorAmortization $20,000 $36,000 $36,000
NetCash FlowfromOperations ($138,500) $471,000 $1,341,000
InvestingandFinancing
AssetsPurchased ($40,000) $0 $0
ApplicationDevelopment ($70,000) $0 $0
NetCash FlowfromInvestingand
Financing
($110,000) $0 $0
Cash at the Beginningof Period $90,000 ($158,500) $312,500
18
ProjectedBalance Sheet
As of Period'sEnd Year 1 Year 2 Year 3
($HKD) ($HKD) ($HKD)
CurrentAssets
Cash ($158,500) $312,500 $2,049,500
Non-CurrentAssets $32,000 $20,000 $8,000
Application $58,000 $34,000 $10,000
Total Assets ($68,500) $366,500 $2,067,500
RetainedEarning $90,000 ($68,500) $366,500
NetProfit(Loss) ($158,500) $435,000 $1,701,000
Total LiabilitiesandEquility ($68,500) $366,500 $2,067,500
Marketing andPromotion
Cash at the End of Period ($158,500) $312,500 $1,653,500
19
Channel / locationof providingyour product / service
SimilartootherP2P platform,people canenjoythe service byenteringtheirinformationof
arrival and parcel inthe apps. People will be able todownloadthe freemobile apponApp
Store in IOSand on Google PlayinAndroid.Once theydownloadthe apps,theycanmake an
orderdirectly.Theycanalso take some orderswhichare on theirwayto somewhere toearn
some easymoney.Thatmeansyoucan enjoythe deliveryservice nomatterwhere youare
inHong Kong if youhave a smartphone withourapps.
Scale ofbusiness
The cost is nota huge amountat the beginningof ourbusiness. The customertarget is
limitedtoC2Cso the scale is small at the very beginning.Andwe donothave a profit-
generatingmodel inthe firstyearbecause we focus onenlargingourdeliverynetworkand
hope that there will be totallyover20,000 active couriersafterone year.Searchingfor
medium-sizedbusinessclientwouldbe ourfocus tobuildupour businessmodel inthe
secondyear.We hope thatour businesswillhave over$10,000,000 sales volume andaimto
have the scale as big as Gogovan.The growthof scale of businesswill dependonthe
investmentfromothercompaniesand we are confidenttosaythat ourbusinesswill have a
promisingfuture.
Promotion
We donot have a great amountof capital to supportourpromotion.We mainlyemphasise
online promotionandroadshowswhichminimizeourspending.
i. Facebook
Accordingto the statisticsof the Facebook,HongKonghas 4.4 millionFacebookusers.That
translatestoa penetrationrate of 63 percent,or4.4 millionpeople outof apopulationof
7million.Itisthe mostdirectwayto connectwithmost of the Hong Kongpeople.We would
postdifferentkindsof informationsuchasthe activityof HKRush andalsothe processof our
start-up.We hope to catch the eyesof boththe people needingourservice andteenagers
wholike innovation andourstart-upstory.
ii. Forum-seeding
We wouldpostsomethingaboutHKRushatthe fourm such as HKDiscuss,Uwants,
BabyKindom.We wouldtake advantage of discussionsonforumstodopromotional
20
penetration.Ourobjective istoincrease publicawareness.Mostof the people after using
HKRushwill findmore informationaboutourservice.We cangrasp the opportunity tobuild
up our brandimage and increase the numberof customers.
iii. Road Show
Since we needtoinvolve more citizenstoenlarge ourlogisticnetwork,we needtodothe
road showinsome urban districtsuchas Mong Kok,CausewayBay. We can pass the
message tothe citizensdirectly.We willfocuson the promotionof the applicationtothe
couriersinorderto enlarge ourdeliverynetworkasfastas possible.Andalsowe canteach
themhowto use our apps to take or start an order.
iv. Mediainterview/Report
We hope thatHKRush can getsome interviewsfromthe mediasuchas bloggers,magazines
and radios.Itwill greatlyboostourpopularityand arouse social discussions.Apple Dailyis
our primarychoice because ithasthe largestreadercoverage rate inHong Kongand the
newsonthe nextmediaappsalwaysbecome one of the hottesttopic.We wouldadoptthis
methodif the cost iswithinourbudget.
OrganizationChart
21
HKRush,at the beginningof the business operatedinpartnershipwithequal sharesof each
of the partner,isdividedintofourmajordepartments,eachof whichisledbyone of the
partnerswhoare responsible of separate worksinoperation&finance,marketing&sales,
businessdevelopment andInternetTechnology.However,ingatheringideasandmaking
seriousdecisions,we will discusstogethertogainideasonthe route of the maindirectionof
the company.
William
Operation & Finance
Tim
Marketing & Sales
Stormy
Business Development
Vacant
Internet Technology

More Related Content

Viewers also liked

校園共享運具合作簡報
校園共享運具合作簡報校園共享運具合作簡報
校園共享運具合作簡報
ecokao
 
sLIDE TEMPLATE
sLIDE TEMPLATEsLIDE TEMPLATE
sLIDE TEMPLATE
azwar29
 
Yobitel communicaitons Smart Campus
Yobitel communicaitons   Smart CampusYobitel communicaitons   Smart Campus
Yobitel communicaitons Smart Campus
Abishek Vimala Raju
 
366 智能家教机器人商业计划
366 智能家教机器人商业计划366 智能家教机器人商业计划
366 智能家教机器人商业计划
Rui (Nash) Yang
 
Soical media
Soical mediaSoical media
Soical media
yvonne1005
 
Smart Classrooms in Distance Ed
Smart Classrooms in Distance EdSmart Classrooms in Distance Ed
Smart Classrooms in Distance Ed
Christine Gonnella
 
第二期B類_靜宜大學 「未來學習未來教室~型塑台中海線地區高齡智慧生活」計畫
第二期B類_靜宜大學 「未來學習未來教室~型塑台中海線地區高齡智慧生活」計畫第二期B類_靜宜大學 「未來學習未來教室~型塑台中海線地區高齡智慧生活」計畫
第二期B類_靜宜大學 「未來學習未來教室~型塑台中海線地區高齡智慧生活」計畫
大學創新計畫 辦公室
 
Journal and report
Journal and reportJournal and report
Journal and reportAndri Gerrad
 
Teched 2013 监和控
Teched 2013  监和控Teched 2013  监和控
Teched 2013 监和控
Cheng Zhang
 
"Indesign + folio - first class" for ntnu library workshop
"Indesign + folio - first class" for ntnu library workshop"Indesign + folio - first class" for ntnu library workshop
"Indesign + folio - first class" for ntnu library workshopjilung hsieh
 
Smart campus Yobitel Communications
Smart campus   Yobitel CommunicationsSmart campus   Yobitel Communications
Smart campus Yobitel Communications
Abishek Vimala Raju
 
Smart campus transforming education
Smart campus   transforming educationSmart campus   transforming education
Smart campus transforming education
Abishek Vimala Raju
 
The State of the India HR Industry
The State of the India HR IndustryThe State of the India HR Industry
The State of the India HR Industry
Zinnov
 
Nupharo - Smart Energy & Innovation Campus
Nupharo - Smart Energy & Innovation CampusNupharo - Smart Energy & Innovation Campus
Nupharo - Smart Energy & Innovation Campus
NUPHARO
 
Smart Content in Education
Smart Content in EducationSmart Content in Education
Smart Content in Education
ken_brooks
 
20150804 旅游景点智慧运营策划管理平台
20150804  旅游景点智慧运营策划管理平台20150804  旅游景点智慧运营策划管理平台
20150804 旅游景点智慧运营策划管理平台
Rui (Nash) Yang
 
Tools for a Smart and Sustainable Campus
Tools for a Smart and Sustainable CampusTools for a Smart and Sustainable Campus
Tools for a Smart and Sustainable Campus
Unisource Worldwide, Inc.
 

Viewers also liked (18)

校園共享運具合作簡報
校園共享運具合作簡報校園共享運具合作簡報
校園共享運具合作簡報
 
sLIDE TEMPLATE
sLIDE TEMPLATEsLIDE TEMPLATE
sLIDE TEMPLATE
 
Yobitel communicaitons Smart Campus
Yobitel communicaitons   Smart CampusYobitel communicaitons   Smart Campus
Yobitel communicaitons Smart Campus
 
366 智能家教机器人商业计划
366 智能家教机器人商业计划366 智能家教机器人商业计划
366 智能家教机器人商业计划
 
Soical media
Soical mediaSoical media
Soical media
 
Smart Classrooms in Distance Ed
Smart Classrooms in Distance EdSmart Classrooms in Distance Ed
Smart Classrooms in Distance Ed
 
PMP Review Note
PMP Review NotePMP Review Note
PMP Review Note
 
第二期B類_靜宜大學 「未來學習未來教室~型塑台中海線地區高齡智慧生活」計畫
第二期B類_靜宜大學 「未來學習未來教室~型塑台中海線地區高齡智慧生活」計畫第二期B類_靜宜大學 「未來學習未來教室~型塑台中海線地區高齡智慧生活」計畫
第二期B類_靜宜大學 「未來學習未來教室~型塑台中海線地區高齡智慧生活」計畫
 
Journal and report
Journal and reportJournal and report
Journal and report
 
Teched 2013 监和控
Teched 2013  监和控Teched 2013  监和控
Teched 2013 监和控
 
"Indesign + folio - first class" for ntnu library workshop
"Indesign + folio - first class" for ntnu library workshop"Indesign + folio - first class" for ntnu library workshop
"Indesign + folio - first class" for ntnu library workshop
 
Smart campus Yobitel Communications
Smart campus   Yobitel CommunicationsSmart campus   Yobitel Communications
Smart campus Yobitel Communications
 
Smart campus transforming education
Smart campus   transforming educationSmart campus   transforming education
Smart campus transforming education
 
The State of the India HR Industry
The State of the India HR IndustryThe State of the India HR Industry
The State of the India HR Industry
 
Nupharo - Smart Energy & Innovation Campus
Nupharo - Smart Energy & Innovation CampusNupharo - Smart Energy & Innovation Campus
Nupharo - Smart Energy & Innovation Campus
 
Smart Content in Education
Smart Content in EducationSmart Content in Education
Smart Content in Education
 
20150804 旅游景点智慧运营策划管理平台
20150804  旅游景点智慧运营策划管理平台20150804  旅游景点智慧运营策划管理平台
20150804 旅游景点智慧运营策划管理平台
 
Tools for a Smart and Sustainable Campus
Tools for a Smart and Sustainable CampusTools for a Smart and Sustainable Campus
Tools for a Smart and Sustainable Campus
 

Similar to 375 business plan

On the way
On the way On the way
On the way
태형 김
 
Digicel 1
Digicel 1Digicel 1
Digicel 1
Kevin McMonagle
 
Delmonte
DelmonteDelmonte
Delmonte
Lijo Abraham
 
Global business leaders in transport aggregator Market in 2021
Global business leaders in transport aggregator Market in 2021Global business leaders in transport aggregator Market in 2021
Global business leaders in transport aggregator Market in 2021
Swiftnlift
 
Jawwy: How a Saudi Digital Venture is Rewriting the Telecom Rulebook
Jawwy: How a Saudi Digital Venture is Rewriting the Telecom RulebookJawwy: How a Saudi Digital Venture is Rewriting the Telecom Rulebook
Jawwy: How a Saudi Digital Venture is Rewriting the Telecom Rulebook
Capgemini
 
BringPro Franchise Program Overview
BringPro Franchise Program OverviewBringPro Franchise Program Overview
BringPro Franchise Program Overview
Brendan Wenzel
 
Assignment 06 - Project Presentation
Assignment 06 - Project PresentationAssignment 06 - Project Presentation
Assignment 06 - Project PresentationTalal Al-Khamis
 
Docomo Digital brochure Sep 2015
Docomo Digital brochure Sep 2015Docomo Digital brochure Sep 2015
Docomo Digital brochure Sep 2015
DOCOMO Digital
 
Value Plus Magazine - October GITEX Issue
Value Plus Magazine - October GITEX IssueValue Plus Magazine - October GITEX Issue
Value Plus Magazine - October GITEX Issue
Redington Value Distribution
 
Remodista Think Tank - Improving Mobile Conversion Rates
Remodista Think Tank - Improving Mobile Conversion RatesRemodista Think Tank - Improving Mobile Conversion Rates
Remodista Think Tank - Improving Mobile Conversion Rates
Remodista
 
RBTE Breakfast Seminar - GSMA presentation
RBTE Breakfast Seminar - GSMA presentationRBTE Breakfast Seminar - GSMA presentation
RBTE Breakfast Seminar - GSMA presentationProxamaLDN
 
Adapting to the Multi-channel Customer - A Roadmap for Integrated Multi-chann...
Adapting to the Multi-channel Customer - A Roadmap for Integrated Multi-chann...Adapting to the Multi-channel Customer - A Roadmap for Integrated Multi-chann...
Adapting to the Multi-channel Customer - A Roadmap for Integrated Multi-chann...
Federation of Indian Chambers of Commerce & Industry (FICCI)
 
The Ultimate Guide to Streamlined Grocery App Development in 2024.pdf
The Ultimate Guide to Streamlined Grocery App Development in 2024.pdfThe Ultimate Guide to Streamlined Grocery App Development in 2024.pdf
The Ultimate Guide to Streamlined Grocery App Development in 2024.pdf
Shopia Wilson
 
Succeed with Digital Transformation in a Traditional Legacy Business
Succeed with Digital Transformation in a Traditional Legacy BusinessSucceed with Digital Transformation in a Traditional Legacy Business
Succeed with Digital Transformation in a Traditional Legacy Business
SAP Customer Experience
 
Retail Customer Engagement
Retail Customer Engagement Retail Customer Engagement
Retail Customer Engagement
TrustRobin
 
PROJECT MANAGEMENT PRESENTATION-FINAL PROJECT
PROJECT MANAGEMENT PRESENTATION-FINAL PROJECTPROJECT MANAGEMENT PRESENTATION-FINAL PROJECT
PROJECT MANAGEMENT PRESENTATION-FINAL PROJECT
Mehreen Shafique
 
Product Launch
Product Launch Product Launch
Product Launch Kenny2490
 
S_HIFT_FUTURE_OF_RETAIL
S_HIFT_FUTURE_OF_RETAILS_HIFT_FUTURE_OF_RETAIL
S_HIFT_FUTURE_OF_RETAIL
S_HIFT
 
Be Memorable - Responsive E-commerce Website Design Agency based in London, UK
Be Memorable - Responsive E-commerce Website Design Agency based in London, UKBe Memorable - Responsive E-commerce Website Design Agency based in London, UK
Be Memorable - Responsive E-commerce Website Design Agency based in London, UK
Nejc Skoberne
 
Callcredit Corporate and Corporate Responsibility Report 2015, about 2014
Callcredit Corporate and Corporate Responsibility Report 2015, about 2014Callcredit Corporate and Corporate Responsibility Report 2015, about 2014
Callcredit Corporate and Corporate Responsibility Report 2015, about 2014Gavin McNaughton
 

Similar to 375 business plan (20)

On the way
On the way On the way
On the way
 
Digicel 1
Digicel 1Digicel 1
Digicel 1
 
Delmonte
DelmonteDelmonte
Delmonte
 
Global business leaders in transport aggregator Market in 2021
Global business leaders in transport aggregator Market in 2021Global business leaders in transport aggregator Market in 2021
Global business leaders in transport aggregator Market in 2021
 
Jawwy: How a Saudi Digital Venture is Rewriting the Telecom Rulebook
Jawwy: How a Saudi Digital Venture is Rewriting the Telecom RulebookJawwy: How a Saudi Digital Venture is Rewriting the Telecom Rulebook
Jawwy: How a Saudi Digital Venture is Rewriting the Telecom Rulebook
 
BringPro Franchise Program Overview
BringPro Franchise Program OverviewBringPro Franchise Program Overview
BringPro Franchise Program Overview
 
Assignment 06 - Project Presentation
Assignment 06 - Project PresentationAssignment 06 - Project Presentation
Assignment 06 - Project Presentation
 
Docomo Digital brochure Sep 2015
Docomo Digital brochure Sep 2015Docomo Digital brochure Sep 2015
Docomo Digital brochure Sep 2015
 
Value Plus Magazine - October GITEX Issue
Value Plus Magazine - October GITEX IssueValue Plus Magazine - October GITEX Issue
Value Plus Magazine - October GITEX Issue
 
Remodista Think Tank - Improving Mobile Conversion Rates
Remodista Think Tank - Improving Mobile Conversion RatesRemodista Think Tank - Improving Mobile Conversion Rates
Remodista Think Tank - Improving Mobile Conversion Rates
 
RBTE Breakfast Seminar - GSMA presentation
RBTE Breakfast Seminar - GSMA presentationRBTE Breakfast Seminar - GSMA presentation
RBTE Breakfast Seminar - GSMA presentation
 
Adapting to the Multi-channel Customer - A Roadmap for Integrated Multi-chann...
Adapting to the Multi-channel Customer - A Roadmap for Integrated Multi-chann...Adapting to the Multi-channel Customer - A Roadmap for Integrated Multi-chann...
Adapting to the Multi-channel Customer - A Roadmap for Integrated Multi-chann...
 
The Ultimate Guide to Streamlined Grocery App Development in 2024.pdf
The Ultimate Guide to Streamlined Grocery App Development in 2024.pdfThe Ultimate Guide to Streamlined Grocery App Development in 2024.pdf
The Ultimate Guide to Streamlined Grocery App Development in 2024.pdf
 
Succeed with Digital Transformation in a Traditional Legacy Business
Succeed with Digital Transformation in a Traditional Legacy BusinessSucceed with Digital Transformation in a Traditional Legacy Business
Succeed with Digital Transformation in a Traditional Legacy Business
 
Retail Customer Engagement
Retail Customer Engagement Retail Customer Engagement
Retail Customer Engagement
 
PROJECT MANAGEMENT PRESENTATION-FINAL PROJECT
PROJECT MANAGEMENT PRESENTATION-FINAL PROJECTPROJECT MANAGEMENT PRESENTATION-FINAL PROJECT
PROJECT MANAGEMENT PRESENTATION-FINAL PROJECT
 
Product Launch
Product Launch Product Launch
Product Launch
 
S_HIFT_FUTURE_OF_RETAIL
S_HIFT_FUTURE_OF_RETAILS_HIFT_FUTURE_OF_RETAIL
S_HIFT_FUTURE_OF_RETAIL
 
Be Memorable - Responsive E-commerce Website Design Agency based in London, UK
Be Memorable - Responsive E-commerce Website Design Agency based in London, UKBe Memorable - Responsive E-commerce Website Design Agency based in London, UK
Be Memorable - Responsive E-commerce Website Design Agency based in London, UK
 
Callcredit Corporate and Corporate Responsibility Report 2015, about 2014
Callcredit Corporate and Corporate Responsibility Report 2015, about 2014Callcredit Corporate and Corporate Responsibility Report 2015, about 2014
Callcredit Corporate and Corporate Responsibility Report 2015, about 2014
 

More from Rui (Nash) Yang

Gpi 參加2015香港國際創客節 創客市集 申請書及創業計劃書
Gpi 參加2015香港國際創客節 創客市集 申請書及創業計劃書Gpi 參加2015香港國際創客節 創客市集 申請書及創業計劃書
Gpi 參加2015香港國際創客節 創客市集 申請書及創業計劃書
Rui (Nash) Yang
 
535 dust cloud
535 dust cloud535 dust cloud
535 dust cloud
Rui (Nash) Yang
 
532 cofun娱乐商业计划书0919
532 cofun娱乐商业计划书0919532 cofun娱乐商业计划书0919
532 cofun娱乐商业计划书0919
Rui (Nash) Yang
 
530 1.17租天下 商业计划书
530 1.17租天下  商业计划书530 1.17租天下  商业计划书
530 1.17租天下 商业计划书
Rui (Nash) Yang
 
529 i车车商业计划书0827
529 i车车商业计划书0827529 i车车商业计划书0827
529 i车车商业计划书0827
Rui (Nash) Yang
 
527 易视科技bp houde
527 易视科技bp houde527 易视科技bp houde
527 易视科技bp houde
Rui (Nash) Yang
 
526 上哪儿学20150918 ov
526 上哪儿学20150918 ov526 上哪儿学20150918 ov
526 上哪儿学20150918 ov
Rui (Nash) Yang
 
525 创翼国际众筹平台 商业计划书
525 创翼国际众筹平台 商业计划书525 创翼国际众筹平台 商业计划书
525 创翼国际众筹平台 商业计划书
Rui (Nash) Yang
 
522 honice 計劃書
522 honice 計劃書522 honice 計劃書
522 honice 計劃書
Rui (Nash) Yang
 
521 商业计划书
521 商业计划书521 商业计划书
521 商业计划书
Rui (Nash) Yang
 
518 “智选课”商业计划书—选好课,好选课,就上智选课(2015.9.1)
518 “智选课”商业计划书—选好课,好选课,就上智选课(2015.9.1)518 “智选课”商业计划书—选好课,好选课,就上智选课(2015.9.1)
518 “智选课”商业计划书—选好课,好选课,就上智选课(2015.9.1)
Rui (Nash) Yang
 
517 ugo悠狗app 商业计划书
517 ugo悠狗app 商业计划书517 ugo悠狗app 商业计划书
517 ugo悠狗app 商业计划书
Rui (Nash) Yang
 
516 本公司現正發動一項投資計劃預期收益能達至每年30
516 本公司現正發動一項投資計劃預期收益能達至每年30516 本公司現正發動一項投資計劃預期收益能達至每年30
516 本公司現正發動一項投資計劃預期收益能達至每年30
Rui (Nash) Yang
 
515 产品介绍
515 产品介绍515 产品介绍
515 产品介绍
Rui (Nash) Yang
 
514 诉融网 -商业融资计划书
514 诉融网 -商业融资计划书514 诉融网 -商业融资计划书
514 诉融网 -商业融资计划书
Rui (Nash) Yang
 
511 香港树为母婴跨境电商
511 香港树为母婴跨境电商511 香港树为母婴跨境电商
511 香港树为母婴跨境电商
Rui (Nash) Yang
 
510 树为母婴跨境电商
510 树为母婴跨境电商510 树为母婴跨境电商
510 树为母婴跨境电商
Rui (Nash) Yang
 
511 香港树为母婴跨境电商
511 香港树为母婴跨境电商511 香港树为母婴跨境电商
511 香港树为母婴跨境电商
Rui (Nash) Yang
 
510 树为母婴跨境电商
510 树为母婴跨境电商510 树为母婴跨境电商
510 树为母婴跨境电商
Rui (Nash) Yang
 
507 金360
507 金360507 金360
507 金360
Rui (Nash) Yang
 

More from Rui (Nash) Yang (20)

Gpi 參加2015香港國際創客節 創客市集 申請書及創業計劃書
Gpi 參加2015香港國際創客節 創客市集 申請書及創業計劃書Gpi 參加2015香港國際創客節 創客市集 申請書及創業計劃書
Gpi 參加2015香港國際創客節 創客市集 申請書及創業計劃書
 
535 dust cloud
535 dust cloud535 dust cloud
535 dust cloud
 
532 cofun娱乐商业计划书0919
532 cofun娱乐商业计划书0919532 cofun娱乐商业计划书0919
532 cofun娱乐商业计划书0919
 
530 1.17租天下 商业计划书
530 1.17租天下  商业计划书530 1.17租天下  商业计划书
530 1.17租天下 商业计划书
 
529 i车车商业计划书0827
529 i车车商业计划书0827529 i车车商业计划书0827
529 i车车商业计划书0827
 
527 易视科技bp houde
527 易视科技bp houde527 易视科技bp houde
527 易视科技bp houde
 
526 上哪儿学20150918 ov
526 上哪儿学20150918 ov526 上哪儿学20150918 ov
526 上哪儿学20150918 ov
 
525 创翼国际众筹平台 商业计划书
525 创翼国际众筹平台 商业计划书525 创翼国际众筹平台 商业计划书
525 创翼国际众筹平台 商业计划书
 
522 honice 計劃書
522 honice 計劃書522 honice 計劃書
522 honice 計劃書
 
521 商业计划书
521 商业计划书521 商业计划书
521 商业计划书
 
518 “智选课”商业计划书—选好课,好选课,就上智选课(2015.9.1)
518 “智选课”商业计划书—选好课,好选课,就上智选课(2015.9.1)518 “智选课”商业计划书—选好课,好选课,就上智选课(2015.9.1)
518 “智选课”商业计划书—选好课,好选课,就上智选课(2015.9.1)
 
517 ugo悠狗app 商业计划书
517 ugo悠狗app 商业计划书517 ugo悠狗app 商业计划书
517 ugo悠狗app 商业计划书
 
516 本公司現正發動一項投資計劃預期收益能達至每年30
516 本公司現正發動一項投資計劃預期收益能達至每年30516 本公司現正發動一項投資計劃預期收益能達至每年30
516 本公司現正發動一項投資計劃預期收益能達至每年30
 
515 产品介绍
515 产品介绍515 产品介绍
515 产品介绍
 
514 诉融网 -商业融资计划书
514 诉融网 -商业融资计划书514 诉融网 -商业融资计划书
514 诉融网 -商业融资计划书
 
511 香港树为母婴跨境电商
511 香港树为母婴跨境电商511 香港树为母婴跨境电商
511 香港树为母婴跨境电商
 
510 树为母婴跨境电商
510 树为母婴跨境电商510 树为母婴跨境电商
510 树为母婴跨境电商
 
511 香港树为母婴跨境电商
511 香港树为母婴跨境电商511 香港树为母婴跨境电商
511 香港树为母婴跨境电商
 
510 树为母婴跨境电商
510 树为母婴跨境电商510 树为母婴跨境电商
510 树为母婴跨境电商
 
507 金360
507 金360507 金360
507 金360
 

Recently uploaded

Creative Web Design Company in Singapore
Creative Web Design Company in SingaporeCreative Web Design Company in Singapore
Creative Web Design Company in Singapore
techboxsqauremedia
 
Understanding User Needs and Satisfying Them
Understanding User Needs and Satisfying ThemUnderstanding User Needs and Satisfying Them
Understanding User Needs and Satisfying Them
Aggregage
 
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdfikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
agatadrynko
 
Examining the Effect of Customer Services Quality and Online Reviews in Unive...
Examining the Effect of Customer Services Quality and Online Reviews in Unive...Examining the Effect of Customer Services Quality and Online Reviews in Unive...
Examining the Effect of Customer Services Quality and Online Reviews in Unive...
Adam Smith
 
Structural Design Process: Step-by-Step Guide for Buildings
Structural Design Process: Step-by-Step Guide for BuildingsStructural Design Process: Step-by-Step Guide for Buildings
Structural Design Process: Step-by-Step Guide for Buildings
Chandresh Chudasama
 
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...
jamalseoexpert1978
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
Aurelien Domont, MBA
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
Nicola Wreford-Howard
 
3 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 20243 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 2024
SEOSMMEARTH
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
Adam Smith
 
amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05
marketing317746
 
BeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdfBeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdf
DerekIwanaka1
 
Chapter 7 Final business management sciences .ppt
Chapter 7 Final business management sciences .pptChapter 7 Final business management sciences .ppt
Chapter 7 Final business management sciences .ppt
ssuser567e2d
 
buy old yahoo accounts buy yahoo accounts
buy old yahoo accounts buy yahoo accountsbuy old yahoo accounts buy yahoo accounts
buy old yahoo accounts buy yahoo accounts
Susan Laney
 
Recruiting in the Digital Age: A Social Media Masterclass
Recruiting in the Digital Age: A Social Media MasterclassRecruiting in the Digital Age: A Social Media Masterclass
Recruiting in the Digital Age: A Social Media Masterclass
LuanWise
 
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdf
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdfThe 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdf
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdf
thesiliconleaders
 
Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024
Top Forex Brokers Review
 
3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx
tanyjahb
 
In the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptxIn the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptx
Adani case
 
How to Implement a Real Estate CRM Software
How to Implement a Real Estate CRM SoftwareHow to Implement a Real Estate CRM Software
How to Implement a Real Estate CRM Software
SalesTown
 

Recently uploaded (20)

Creative Web Design Company in Singapore
Creative Web Design Company in SingaporeCreative Web Design Company in Singapore
Creative Web Design Company in Singapore
 
Understanding User Needs and Satisfying Them
Understanding User Needs and Satisfying ThemUnderstanding User Needs and Satisfying Them
Understanding User Needs and Satisfying Them
 
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdfikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
 
Examining the Effect of Customer Services Quality and Online Reviews in Unive...
Examining the Effect of Customer Services Quality and Online Reviews in Unive...Examining the Effect of Customer Services Quality and Online Reviews in Unive...
Examining the Effect of Customer Services Quality and Online Reviews in Unive...
 
Structural Design Process: Step-by-Step Guide for Buildings
Structural Design Process: Step-by-Step Guide for BuildingsStructural Design Process: Step-by-Step Guide for Buildings
Structural Design Process: Step-by-Step Guide for Buildings
 
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
 
3 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 20243 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 2024
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
 
amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05
 
BeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdfBeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdf
 
Chapter 7 Final business management sciences .ppt
Chapter 7 Final business management sciences .pptChapter 7 Final business management sciences .ppt
Chapter 7 Final business management sciences .ppt
 
buy old yahoo accounts buy yahoo accounts
buy old yahoo accounts buy yahoo accountsbuy old yahoo accounts buy yahoo accounts
buy old yahoo accounts buy yahoo accounts
 
Recruiting in the Digital Age: A Social Media Masterclass
Recruiting in the Digital Age: A Social Media MasterclassRecruiting in the Digital Age: A Social Media Masterclass
Recruiting in the Digital Age: A Social Media Masterclass
 
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdf
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdfThe 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdf
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdf
 
Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024
 
3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx
 
In the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptxIn the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptx
 
How to Implement a Real Estate CRM Software
How to Implement a Real Estate CRM SoftwareHow to Implement a Real Estate CRM Software
How to Implement a Real Estate CRM Software
 

375 business plan

  • 1. 1 HKRUSH BUSINESS PLAN Prepared by: LI MING LOK/ SIU CHI TIM/ LO CHEONG WA 14/7/2015
  • 2. 2 Table of Contents Page 1) Executive Summary 3 2) Service 4-6 3) Marketing Strategies 7-10 4) Financial Plan 11-18 5) Marketing and Promotion 19-20 6) Organisation Chart 21
  • 3. 3 Executive Summary Who We Are? HKRushis a logisticsstartup fillingthe gapof same-daydeliveryinHongKong.The P2P platformcreatedsecuresdeliveryefficiencyatareasonable price bycrowdsourcingthe logisticsnetworkinthe city. It isfoundedbythree passionate youngsterswhohave workedina renownedlogisticsfirm aftergraduation. Breakingthe oldrulesof logisticsindustrywouldbe ourvisionbehind. This model invites all residentsinHongKongtojoinour team.Everyone couldbe couriers and everyone canearnmoney. Thismodel also helpstoincrease the competitivenessof online sellersbyimprovingthe shoppingexperience of customersasgoodscanbe deliveredwithinhours. What are our Goals? Our goal is literallyrelatedtoourcompanyname - HKRush.Creatingthe mostefficiency logistics networkisourfirstgoal forthe people andforthe society. Betterutilizingthe hiddenresourcesinthe societyandbuildingabetterrelationshipforthe people inthe “crowd” wouldbe the secondgoal.If we could make these achievements,abettersociety couldbe built. Financial Summary Our revenue-generatingmodel wouldbe mainlybychargingcommissionfromthe freight rate andcultivatinganewshoppinghabitforthe customersafterourlogisticsnetworkis mature. Thisfinancial planwasdevelopedbasedonourexistingcashamountandtrackingtrendsin revenuesandexpenses.A three yearstrackof saleswithrelatedexpenseshasbeen estimated.Salesof the firstyearare projectedabout1.5 million,witha netloss of HKD158,500 since no commission wouldbe chargedaswe want to strengthenourlogistics network.Majorexpenseswouldbe spentonpromotionandthe set-upcost. The netprofit ratiowill increase to 4.58% and 8.44% respectivelywhen we startstocooperate with businessinO2OdeliveryinYeartwo.
  • 4. 4 Service 1. Nature and feature of service I. Crowdsourced same-day delivery platform HKRushprovidesasolutionforsimple,affordable,andconvenientsame-daydelivery.This bridgesthe lastmile gapbetween businesstocustomerorcustomerto customer. The peerto peerlogistics platformwe built helpsthe societytounleashthe potential logistic power.We act as a middlemantobridge the informationgapbetweensenderandcourier. Thishelpstobetterutilise the hiddenlogisticspowerinHongKong. Simplyregisteringasa courierthroughour applicationandprovidingthe requiredinformation,everyonecouldbe a courier. Thisis the mainideawe wouldlike tobringout. Sendercanmatch withcourier, vice versa,throughour platformwithouthassle. The platformwill be built inthree ecosystems –Android,iOSanddesktopversioninorderto suitthe needsof differentmarkets.Mobileversionprovidesabasicinterface fornormal usersto create a delivery.Webversionmainlytargetsbusinesseswhichneedalarge inputof data and a sophisticatedinterface providingfeedbackandtrackingfroma listof waybills. 2. Businessgoal I. Searchingnewsource of capital Thisbusiness model requirescapital supporttofastenthe implantationof demandamong citizensin the firststage and diversify the service linesinthe secondstage of development. Huntingforcapital injection fromdifferentseedfunding wouldbe ourprimarygoalsinthe comingyears.Thiscan put our businessonthe fasttrack to growth. II.Generatingnewsource of revenues We wouldlike toinvolve every citizentojoinourplatformandcreate an enormouslogistics network. Hiddenresourcesinourcitycan be betterutilised.Byspendingayearto consolidate ourlogisticsnetworks, providingconveniencetopeople ineverydaylife would be our ultimate goal. The firstone we wouldlike to revolutionise isthe online shoppingexperience. By cooperatingwithO2Osellers, expressdeliverywithintwohourstothe userscan be promisedata reasonable price. Thishelpssellerstosolve the last-mile problemand increase theircompetitivenesscomparingtothe physical store. Creatinga “one hour livingcircle”wouldbe oursecondgoal.Deliveryfrom foodtakeawayto freshproduce wouldbe availablewithinanhourinour secondstage. Justa few clickson theirsmartphone,theycangetwhatevertheywantwithouthassle.
  • 5. 5 III.Buildingbrand recognition Innovative,reliable andtrustworthywouldbe the image we would like toimplantonevery user.Such image isessentialforusto developourservice linesandnegotiate with businesses. IV.Findingnewmarketsforourservices For the traditional expressindustry (businesstobusiness),we wouldliketo be a game changerand rejuvenate the local deliverymarketandprovide flexibilitytosmall firms. Higherefficiency andshortertransittime are the thingslackinginthe currentmarket. That is the reason whywe are here and that iswhat we are tryingto offer. 3. IndustryOutlook PayPal expects the total onlinesalesvolume inHongKong wouldbe overUSD2.5 billionin thisyear. We couldforesee there will be a continuous uphill climbforthe demandof local deliveriesasthe O2O salesvolume keepsraisinginthe pastseveral years. Deliveryof dailynecessitywouldbe the nextarenaassmartphonesmake shoppingeasier and sellerscouldmake directcontactswithcustomersjustthroughamobile application. We couldforesee the marketexpandingat afasterpace inthe near future. Insufficientmanpower,however,hindersthe growthinlogisticsfield. One of the challenges inattracting newblood tothe industry isthat the workingconditionisconsideredtoughby the newgenerations. 4. Service Niche What we offeronthisplatformis door-to-doorsame daydelivery. The platformhelpsusto match out the bestdeliveryroute andprovide the easiestwaytogetthe thingsdone. Same day Delivery: Platform TransitTime Tracking Areas covered Delivery efficiency& flexibility SMS verification Specified delivery time Insurance HKRush P2P Platform Withintwo hours GPS, real time tracking All regions including outlying islands 4 Yes Yes Yes
  • 6. 6 Remark: 4 is the highestand1 is the lowest A comparisonhasbeenmade acrossus and differentcompetitorsfromthe table above. The most apparent advantage wouldbe the safetymeasureswe have done.Real time trackingof parcelscouldbe possible ascourier’sphone helpstoidentifyitslocation. Verification code willbe senttoreceiver’sphonenumber andneedtobe enteredwhenthe parcel isdelivered. Thisensuresthe parcel isdeliveredwithinthe promisedhourstothe rightconsignee. Regardingcost-efficiencyanalysis, the highestefficiency withthe lowestprice isprovided to our users.Everycourierunderourplatformbasicallycould deliveronlyone tothree parcels each time andthe commissionthey earnisaboutfourfoldscomparingtothe traditional couriers. Highcommission guaranteesthe quality. Ourpoint-to-pointdeliveryalsoeliminate the time wastedindistributioncentre andspeedupthe deliveryprocess. From the standpointof users,we enable the ultimate customerexperience. Userscan choose the pick-uptime andthe deliverytime accordingto theirdesires.Thisisnotplausible for traditional couriers todeliverata particulartime.Thiscangreatlyincrease the successful rate of first-time deliveryandreduce the burdenof sellerstofollow upunsuccessful deliveries. Market Strategies Traditional couriers withinsix hours Only sizeable couriers provide limited tracking services Major commercial areas 1 No No Yes In-house delivery team Dependson route planning No All regions excluding outlying islands 2 No No Yes Logistics start-ups Withintwo hours No All regions excluding outlying islands 3 No Yes No
  • 7. 7 Target customer Our service isa P2P platform providingcrowdsourced same-daydeliveryservice.Itincludes bothcouriers and customer. Our targetcouriers are all the citizenswhowanttoearn extraincome bydeliveringthings for people inthe community.Thatmeansnomatter whatthe occupationof the couriers is, he/she canstill applytojoinourteam. Basedon the statisticsgivenbythe government,the numbersof 2.5G and 3G/4G mobile subscribersinHongKongare 12,323,114. Therefore,the potential numberof couriersin Hong Kongare overthan 5 millionbasedonthe researchfromthe Japanese mediathateach personownmore than twomobileswithdatausages. Our targetcustomersare all the people whoneedtodelivertheirstuff immediatelyoron the same day. Inthe firstyear,we mainlytargetindividual customers. Afterthat, cooperationwithbusinessclientsandprovisionof customizedserviceswouldbe ourmain focus.It iswelcome forrestaurants,officesorindividualstoplace anorder onour platform. Market positioning We positionourselvesasa specialistof same-daydelivery. Traditional couriers suchasS.F. Express,MorningExpressclaimthattheycan provide the same daydomesticservice if the orderis placedinthe morning. The service,however,isrestrictedto the commercial area and couldnotpromise todeliver atspecified time. Moreover,the cost isprohibitivelyhigh for normal usersto requestthe courierstodeliverthe parcelswithintwohours.Thus,the marketislackinga providerwithflexible orderingtime and placesof delivery atthis moment. The service thatwe provide tocustomers isdifferentfromthe vehicles-bookingcompanies such as Gogovanand Uber.They merely connectregisteredvehicleswithcustomers to provide point-to-pointtransportationservices. We,incontrast,connectsevenmillions citizenstoprovide door-to-doordelivery. The logisticsnetworkwouldbe massive underthis design.Also, ourtargetcouriersare all the citizenswhowantto earnextramoneyby choosingavailable dealsthatfitthe routesof theirjourneys.Thisprovideshighflexibilityto the users. Hong Kongcitizens are busyand deliveryefficiency isof paramountimportance.Ourunique service couldmeetthe highstandardrequiredatareasonable price. We allow themto‘set theirown price’andfindsomeone to matchwiththe offer.If urgentdeliveryisrequired,a higherprice couldbe setto reduce the time formatching.Thispractice wouldbe fairto the partiesonboth sides.
  • 8. 8 Therefore,we putourmarket positioningonthe place thatthe customerscandirectlyenjoy the customizedsame-daydeliveryservicebyhavingafew clicksontheirphones.Itisthe mostconvenientwayforthemtodelivertheirparcel ata reasonable price. Market competition Directand indirectcompetitionscanbe facedfromtraditional couriers,in-house delivery teamsand otherlogisticsstart-ups. Traditional courierslikeSFExpress,DHL,Yamato andUC Expressare the major market playersindomesticdelivery.The bestlogisticssolutionofferedisnextdaydeliveryandextra workingdaysneedtobe addedfor remote areas.The majorhurdlesfortraditional couriers achievingsame-daydeliveryare insufficientcapacityandprohibitivecost.Currentlogistics model wouldbe infeasible asminimumfourtofive hoursare spentonassemblingparcelsin distributioncentres beforethe firstdeliveryattempt.Furthermore,couriersare assignedto deliveratmulti-pointandthislengthensthe average time neededforasingle delivery. The largestmarketplayerprovidingdomesticdeliveryservice inHongKongisS.F.Express.It providesthe same daydeliveryserviceif the customermake anorderbefore 11:00am. But the deliveryislimited tothe industrial orcommercial areainHongKong. Theywouldalsoprovide the Two-HoursExpressDeliveryService whichensures thatthe parcel can be deliveredwithintwohours.Butthisservice isonlyapplicabletothe 5kg or belowparcel only.The traditional deliverycompanieshave the brand advantage andbetter customerservice andsupporting.Theyhave aclearstepto show youhow yourparcel is transportedfromone place to others.However,the transittime cannotbe guaranteed unlessyoupaymore to arrange a special delivery. What they can offerisinsurance coveredpoliciesandcontinuoustrackingforparcels.The sophisticatedin-house builtlogisticssystemandprofessionalimagesgiveconfidenceto businessesandconsumers. Normal Delivery:
  • 9. 9 Couriers Price ≤ 1 kg Price ≤ 3 kg TransitTime Additional charge DHL** HKD24 HKD72 Before 1030 (majorcommercial area) Before 945 (otherareascovered), same day OthersT+1 New Territories: HKD25 Remote areainHong KongIsland: HKD25 SF Express HKD22 HKD28 Before 1100, same day (B2B) OthersT+1 Residential AreaT+1-2 Residential Area: HKD30 UC Express*** HKD17 HKD37 Before 1300, same day (B2B) OthersT+1 Residential AreaT+1-2 Residential Area: HKD30-150 ** Onlyprovidespickupservice forDHLaccount’s holders *** Needsto purchase a bundle of ticketsforuse ExpressDelivery: Couriers Price ≤ 1 kg Price ≤ 3 kg TransitTime Available to residentialarea DHL - - Unavailable - SF Express HKD142 HKD148 Withintwohours No UC Express*** HKD77 HKD97 Withinfourhours HKD30-150 *** Needstopurchase a bundle of ticketsforuse and make pre-booking An in-house deliveryteamreferstothe courierhiredbyfirmstodeliverthe productstoend- users.Thislogisticssolutionprovideshighflexibilitiesforbusinesstosetoutitsdelivery route and transittime can be easilycontrolled.Pressures,however,will be builtwhen seasonal demandssurge andoperationalefficiencycanbe easilycompromised.Idle workforce,vice versa,willeatupthe profitof the company.Thisdeficiencyrestrictsthe flexibilityof the firmandresultsincostinefficiency. Otherlogisticsstart-upslikeGogovanand Easyvanwouldbe anotherpartyhaving a competitionwithus.These start-upsconnectvandriversandusersandwantto make last- mile deliverieseasierforusers.The service canbe availedtomove furniture tonew apartmentinanotherarea or to deliverweeklyneedsforastore to maintainstocklevels. The start-upaims to be a one-size fitsall solution.Customisedlogisticssolutionandvast base of driverswouldbe itskeyadvantages. The basic pricingmodel,however,onlyprovidesdeliveryfrompick-uppointstodrop-off points.Pricingfordoor-to-doordeliveryisunclearandvariesamongdrivers.Moreover,
  • 10. 10 parcelsare notcoveredbyinsurance underthese platformsandtrackingare notavailable for users.Thiscouldnotgive sufficientconfidencetothe clientsforthe safetyof the parcels. There iskeencompetitionbetween these companies.Theyprovide differentbenefitstothe driversandcustomersinorderto increase the marketshare.Itis unstoppable forthemto spendmore andmore money.Besides,S.F.Expressisgoingtoestablish the new appS.F.Car to enterintothe market. Furthermarketcompetitionwill be stirredup. Point-to- PointDelivery: Couriers Price TransitTime Door-to-door delivery Additional charge Logistics start-ups Dependson the vehicle typesand distance Withintwohours Additional charge: Needtonegotiate withthe drivers Tunnel’sfee Financial Plan
  • 11. 11 SalesForecast Pricing ofService C customers C customersare the fundamental andthe initial groupof ourcustomerswhocontribute 100% of our salesincome inthe firstyear.We,the platformof the transitionof the goods, stronglybelieve thatthe price shouldbe fullydeterminedbythe market.Therefore,atthe beginningof ourbusinessstart-up,we onlyprovidethe suggestedpricesdeterminedbythe marketprice of those expressdeliveryservicesinHongKongas referencesforthe customers to setup theirmarketprice.Afterthe collectionof sufficientsalesdata,we will provide the marketprice of differentgoodsindifferentweightsbyourselvesinorderthatthe market priceswouldbe more accurate. SalesForecast Table Year 1 Year 2 Year3 (HKD$) (HKD$) (HKD$) Sales - C Customers 1,458,000 6,804,000 8,165,000 - B Customers - 6,000,000 12,000,000 Total Sales 1,458,000 12,804,000 20,165,000 Cost of goodssold C CustomersWrittenOff 1,458,000 6,804,000 7,349,000 B CustomersWrittenOff 4,800,000 9,600,000 1,458,000 11,604,000 16,949,000 Gross Profit - 1,200,000 3,216,000 Gross ProfitRatio 0% 9% 16%
  • 12. 12 Income GenerationPlan FirstSix Months We will notgenerate anyincome inthe firstsix monthof ourbusinessbecause we are still in the stage of appsdeveloping.The service hasnotyetlaunchedinthe market. NextSix Months- NoCommissionCharged At the firstyearof our business,we intendednottocharge any commissionfromall couriers inorder to attract more people tojoinusas couriersand promote ourbrand name.We thinkthat thisnewandinnovative ideainconjunctionwithourefficientmarketingand promotionplancan catch customers’andgeneral public’seyeswhichleadtoa dramatic start of ourbusiness. SecondYear - B customers Afterourbusinessgetsontrack, the accumulationof sufficientCcustomersandcouriers,we will diversifyourincome source byexpandingourbusinesstoBcustomers.We majorly target onretailingande-commencebusinessandwe provide the platformforthose
  • 13. 13 companiestodeliverthe goodstotheircustomersina more efficientway.We will charge a certainpercentage of theirincome generatedthroughourplatform.Therefore,startingfrom secondyearof our business,we change ourcustomertargetfromCto B inorderto expand our businessfurthermore. ThirdYear - 10% CommissionCharged Afterourbusinessgetsontrack, the accumulationof sufficientCcustomersandcouriers, expectinthe firstseasonof the secondyear,we will charge 10% of eachtransactionas commissionorservice chargedinordertocover our lossesinthe firstyear.However,the exacttimingandthe percentage chargedcan be changed accordingto the actual situation. Budget Budget Table Year 1 Year 2 Year 3 (HKD$) (HKD$) (HKD$) Rent 36,000 54,000 96,000 Marketing& Promotion 80,000 240,000 360,000 Salary - 396,000 972,000 Utility 16,000 36,000 48,000 StartingExpense 5,000 - - Insurance 1,500 3,000 3,000 AppsDevelopmentExpensesWritten Off 12,000 24,000 24,000 FixedAssets - Depreciation 8,000 12,000 12,000 Total Expense 158,500 765,000 1,515,000
  • 14. 14 OperatingCost Incurred FirstFour Months - AppsDeveloping In the firstfourmonthsof our business,itis the stage of preparationandappsdevelopment. We will inviteanotherpartnerwhose majorworkistofocuson applicationdevelopment. NextSix Months - Preparation of Launching We will move intothe officetoprepare the launchof the business,forexample,the testing of the apps,the promotionof our servicesthroughinternet,the testingof ouroperation flowandso on.Therefore,itincurscostof rental,marketing,utilityetc. SecondYear – Focusingonbusinessclients Afterthe shiftingof the focusfromindividualstobusinesses,we have tospendextracostsin marketingandpromotion.The expansionof ourbusinessbringusextrapressure whichleads to the hiringof two extracolleaguesandthe additional costof utility. ThirdYear - GettingOn Track Afterourbusinessgetsontrack, we needextra3 to 4 colleaguesaswell tomaintainthe service qualityandsystemstability.Inaddition,the expansionof ourbusiness andthe increase innumberof colleaguesleadstothe insufficientworking place.Therefore,the rentingof a biggeroffice causesanextracost as well.More capital shouldalsobe investedin marketinginorderto attract more B customers.
  • 15. 15 Profit / Loss Gross Profit - 1,200,000 3,216,000 Gross ProfitRatio - 9% 16% NetProfit(Loss) (158,500) 435,000 1,701,000 NetProfit(Loss) Ratio (11%) 4.58% 8.44% Despite the factthat the netlossin the firstyearseemsveryhuge,itcomposeshugelythe cost of developmentof the appssince the applicationshouldbe ahuge assetforus. More importantly,thisinvestmentcostwill be furthercoveredbythe profitsintwoyearsafter. Therefore,itisa worthyinvestmentplan.
  • 16. 16 Means ofCapital FirstYear / BeginningOf The Business At the beginningof the business,we have tospendover$100,000 in application developmentandpurchasingassets.There are twomajorsourcesof our capital. The first one isour saving.We,three personsgraduatedlessthanayear,lack of sufficientsavingto start our business.We have some tensof thousands of HongKongdollars whichmay be sufficienttomake ourown application; butsadly,itisnotenoughtosupportour further operation. Therefore,we stronglyrelyonthe secondmeansof capital - Fundingfromoperations.We will applyforfundingnomatterfromgovernment,private companies,non-profit organizationsinorderthatwe can obtainsufficientallowances,technical supports, professionaladvicesandsoonto leadto a strongerstart of our business.
  • 17. 17 SecondYear Or After In orderto maintaina highcompetitivenessinthe market,we lookforan investorwhois interestedininvestingandsupportingourbusiness.We lookformore capital because itcan maintaina highliquiditysituationof ourbusinesstoavoidrisksfrommarketturmoil thatwe can take a fasterreactionif we have sufficientcapital.Inadditional,the capital andtechnical supportfrominvestorscanleadto an upgrade of our servicesprovidedtoimprove our competitiveness. In case of no allowance andinvestment In case there are no allowancesorinvestmentsfrompartiesorcompanies,ourmaintargetis to come throughthe difficultsituation,suchas confrontinganegative cashflow situationin the firstyear.However,afterfirstyear,afterthe successful cooperationwith business clients,the financialsituationwill improve progressively. ProjectedCash FlowStatement Year 1 Year 2 Year 3 ($HKD) ($HKD) ($HKD) Operation NetProfit(Loss) ($158,500) $435,000 $1,305,000 DepreciationorAmortization $20,000 $36,000 $36,000 NetCash FlowfromOperations ($138,500) $471,000 $1,341,000 InvestingandFinancing AssetsPurchased ($40,000) $0 $0 ApplicationDevelopment ($70,000) $0 $0 NetCash FlowfromInvestingand Financing ($110,000) $0 $0 Cash at the Beginningof Period $90,000 ($158,500) $312,500
  • 18. 18 ProjectedBalance Sheet As of Period'sEnd Year 1 Year 2 Year 3 ($HKD) ($HKD) ($HKD) CurrentAssets Cash ($158,500) $312,500 $2,049,500 Non-CurrentAssets $32,000 $20,000 $8,000 Application $58,000 $34,000 $10,000 Total Assets ($68,500) $366,500 $2,067,500 RetainedEarning $90,000 ($68,500) $366,500 NetProfit(Loss) ($158,500) $435,000 $1,701,000 Total LiabilitiesandEquility ($68,500) $366,500 $2,067,500 Marketing andPromotion Cash at the End of Period ($158,500) $312,500 $1,653,500
  • 19. 19 Channel / locationof providingyour product / service SimilartootherP2P platform,people canenjoythe service byenteringtheirinformationof arrival and parcel inthe apps. People will be able todownloadthe freemobile apponApp Store in IOSand on Google PlayinAndroid.Once theydownloadthe apps,theycanmake an orderdirectly.Theycanalso take some orderswhichare on theirwayto somewhere toearn some easymoney.Thatmeansyoucan enjoythe deliveryservice nomatterwhere youare inHong Kong if youhave a smartphone withourapps. Scale ofbusiness The cost is nota huge amountat the beginningof ourbusiness. The customertarget is limitedtoC2Cso the scale is small at the very beginning.Andwe donothave a profit- generatingmodel inthe firstyearbecause we focus onenlargingourdeliverynetworkand hope that there will be totallyover20,000 active couriersafterone year.Searchingfor medium-sizedbusinessclientwouldbe ourfocus tobuildupour businessmodel inthe secondyear.We hope thatour businesswillhave over$10,000,000 sales volume andaimto have the scale as big as Gogovan.The growthof scale of businesswill dependonthe investmentfromothercompaniesand we are confidenttosaythat ourbusinesswill have a promisingfuture. Promotion We donot have a great amountof capital to supportourpromotion.We mainlyemphasise online promotionandroadshowswhichminimizeourspending. i. Facebook Accordingto the statisticsof the Facebook,HongKonghas 4.4 millionFacebookusers.That translatestoa penetrationrate of 63 percent,or4.4 millionpeople outof apopulationof 7million.Itisthe mostdirectwayto connectwithmost of the Hong Kongpeople.We would postdifferentkindsof informationsuchasthe activityof HKRush andalsothe processof our start-up.We hope to catch the eyesof boththe people needingourservice andteenagers wholike innovation andourstart-upstory. ii. Forum-seeding We wouldpostsomethingaboutHKRushatthe fourm such as HKDiscuss,Uwants, BabyKindom.We wouldtake advantage of discussionsonforumstodopromotional
  • 20. 20 penetration.Ourobjective istoincrease publicawareness.Mostof the people after using HKRushwill findmore informationaboutourservice.We cangrasp the opportunity tobuild up our brandimage and increase the numberof customers. iii. Road Show Since we needtoinvolve more citizenstoenlarge ourlogisticnetwork,we needtodothe road showinsome urban districtsuchas Mong Kok,CausewayBay. We can pass the message tothe citizensdirectly.We willfocuson the promotionof the applicationtothe couriersinorderto enlarge ourdeliverynetworkasfastas possible.Andalsowe canteach themhowto use our apps to take or start an order. iv. Mediainterview/Report We hope thatHKRush can getsome interviewsfromthe mediasuchas bloggers,magazines and radios.Itwill greatlyboostourpopularityand arouse social discussions.Apple Dailyis our primarychoice because ithasthe largestreadercoverage rate inHong Kongand the newsonthe nextmediaappsalwaysbecome one of the hottesttopic.We wouldadoptthis methodif the cost iswithinourbudget. OrganizationChart
  • 21. 21 HKRush,at the beginningof the business operatedinpartnershipwithequal sharesof each of the partner,isdividedintofourmajordepartments,eachof whichisledbyone of the partnerswhoare responsible of separate worksinoperation&finance,marketing&sales, businessdevelopment andInternetTechnology.However,ingatheringideasandmaking seriousdecisions,we will discusstogethertogainideasonthe route of the maindirectionof the company. William Operation & Finance Tim Marketing & Sales Stormy Business Development Vacant Internet Technology