We Care.com
PROBLEM
• Difficulty in finding the professionals for fixing basic
home repair problems at significant prices.
• Non-availability of single platform for all household and
allied services, required at frequent intervals.
Solution
We Care aims at making this imagination a reality by
connecting to the skillful, experienced and reliable local
service professional in your locality at fixed nominal
prices through mobile apps, thus making you live smarter
and to live better.
Services
Technical & Non
Technical Services
Maid Services Personal Care
Services
Electrician
Home- security
RO-Services
For Cooking
Baby Sitters
Yoga Classes
For Special
Occasion
Home Cleaning
Senior Citizen
Care
Opportunity And Target
Market
• There is no single platform for this sort of professional
service in the targeted area.
• Target market- GOHANA(SONIPAT)
• Target Audience
Working class people
Newly transferred and shifted families
Single housewives
Senior citizens
Technology
• Initially company would operate through company
website &
• Telephone and mobile based apps as:
 WhatsApp
 Hike
 We Chat and others
• And then we would plane for
organization’s own mobile
application.
Competitors
• No direct competitor in the target area
• But various companies like
Mr. Repair
Mr. Right
Qyk
Zepper
• Are providing services in nearby area of NCR which may
pose future threat to the business.
Marketing Strategy
• Personal contact with in area would be used as a medium
of promotion of the business.
• Also as targeted area has restricted limit, promotion can
be made through distributing pamphlets or hoardings.
• Incentive offers would be provided for various
complementary services.
 Strength
We are the only exclusively providing the services that
we are providing, so competition is reasonable.
 Weaknesses
Target market conservative attitude towards internet
services.
 Opportunity
If successful we can expand our services to other major
cities.
 Threats
Established relationship of area people with local
professionals.
Management Team
• Telephone operators( 2 nos.)
• Internet operators(1 nos.)
• Business executive people comprising two members with
a maximum limit of 2 who would establish relationship
with local professionals of the area.
• Myself who would coordinate the activities of all the
members
Financial Projection
• Funding:
Savings and family help: Rs. 20,000
Bank loan under startup scheme: Rs.50,000
Commercial borrowings: Rs. 10,000
• Utilization of fund
Premises rent: Rs. 10,000
Telephone and internet services and development of
domain for organization : Rs. 50,000
Other operating charges: Rs. 5,000
Other for contingency reserve: Rs. 15,000
Summary
 We.care.com provides household and allied services at the
single platform which aims at ‘Easing Your Life’.
 Special benefits is also given to the customers who would use
combo services or more than one services at a on time.
 Women are no longer required to depend upon male members
for fixing daily problems.
 Just use Wecare.com and get rid from your problem.
MEGHA BANSAL
ROLL NO.13020654

BUSINESS PLAN ASSIGNMENT FOR MBA

  • 1.
  • 2.
    PROBLEM • Difficulty infinding the professionals for fixing basic home repair problems at significant prices. • Non-availability of single platform for all household and allied services, required at frequent intervals.
  • 3.
    Solution We Care aimsat making this imagination a reality by connecting to the skillful, experienced and reliable local service professional in your locality at fixed nominal prices through mobile apps, thus making you live smarter and to live better.
  • 4.
    Services Technical & Non TechnicalServices Maid Services Personal Care Services Electrician Home- security RO-Services For Cooking Baby Sitters Yoga Classes For Special Occasion Home Cleaning Senior Citizen Care
  • 5.
    Opportunity And Target Market •There is no single platform for this sort of professional service in the targeted area. • Target market- GOHANA(SONIPAT) • Target Audience Working class people Newly transferred and shifted families Single housewives Senior citizens
  • 6.
    Technology • Initially companywould operate through company website & • Telephone and mobile based apps as:  WhatsApp  Hike  We Chat and others • And then we would plane for organization’s own mobile application.
  • 7.
    Competitors • No directcompetitor in the target area • But various companies like Mr. Repair Mr. Right Qyk Zepper • Are providing services in nearby area of NCR which may pose future threat to the business.
  • 8.
    Marketing Strategy • Personalcontact with in area would be used as a medium of promotion of the business. • Also as targeted area has restricted limit, promotion can be made through distributing pamphlets or hoardings. • Incentive offers would be provided for various complementary services.
  • 10.
     Strength We arethe only exclusively providing the services that we are providing, so competition is reasonable.  Weaknesses Target market conservative attitude towards internet services.  Opportunity If successful we can expand our services to other major cities.  Threats Established relationship of area people with local professionals.
  • 11.
    Management Team • Telephoneoperators( 2 nos.) • Internet operators(1 nos.) • Business executive people comprising two members with a maximum limit of 2 who would establish relationship with local professionals of the area. • Myself who would coordinate the activities of all the members
  • 12.
    Financial Projection • Funding: Savingsand family help: Rs. 20,000 Bank loan under startup scheme: Rs.50,000 Commercial borrowings: Rs. 10,000 • Utilization of fund Premises rent: Rs. 10,000 Telephone and internet services and development of domain for organization : Rs. 50,000 Other operating charges: Rs. 5,000 Other for contingency reserve: Rs. 15,000
  • 13.
    Summary  We.care.com provideshousehold and allied services at the single platform which aims at ‘Easing Your Life’.  Special benefits is also given to the customers who would use combo services or more than one services at a on time.  Women are no longer required to depend upon male members for fixing daily problems.  Just use Wecare.com and get rid from your problem.
  • 14.