Start-up Hospitality Business

Start-up Hospitality Business

Oct 13, 2022 | Entrepreneur-led

Start-up Hospitality Business: Developing and launching a business plan for a luxury hospitality facility

 

ISSUE

Entrepreneur needed to develop a premium-quality rural property and create a revenue generating business. This required extensive competitive analysis, financial modelling and marketing strategy in order to develop a robust business plan that is currently being executed.

 

RESULT

  • Market analysis of the business lines available to luxury rural properties
  • Assessed and analyzed business models and revenue opportunities available to the owner
  • Developed a business plan with a 2-year plan break-even plan.
  • Divided the plan between 3 sustainable and mutually supportive businesses.
  • The property has been completed and is undergoing the next stage of development with a planned launch in 2023.
Innovative Construction Start-Up

Innovative Construction Start-Up

Oct 13, 2022 | Entrepreneur-led

Start-up Business Planning:  Strategy for an innovative construction product that could revolutionize the paving industry

 

ISSUE

Strong environmental and sustainability concept required a business plan for commercialization. Although the product held great promise, it required a business model and planning to successfully launch in Canada.  The product has successfully launched and demand is outstripping supply.

 

RESULT

  • Identified key cost and revenue drivers to develop a financial model to demonstrate the economics of the concept
  • Developed a business plan with key operational considerations (procurement, storage, distribution) and marketing issues (distribution and awareness)
  • Negotiation with raw materials suppliers in the US to optimize pricing & availability
  • The company is now actively growing with a product research program and social media platform- and their challenge is keeping up with demand.