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Business Idea The business idea we propose is to create a lift sharing service in the Brighton region.

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Presentation on theme: "Business Idea The business idea we propose is to create a lift sharing service in the Brighton region."— Presentation transcript:

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2 Business Idea The business idea we propose is to create a lift sharing service in the Brighton region.

3 Catch-a-lift’s USP’s: Save consumers money High convenience to consumers Encourages social interaction The focus of our corporate social responsibility is to reduce consumer’s carbon footprint.

4 Our main competitors Public Transport Taxi’s liftshare.com

5 Why use us? Students- High smart phone ownership Low income Eager to socialise

6 Research of the Market

7 Rating System Red: Poor service Amber: Standard Service Green: Good service How do you rate you driver in terms of safety?

8 If half of UK motorists received a lift one day a week, pollution would be reduced by 10% and congestion by 20%. Government Statistic

9 Place

10 Promotion Free local newspapers/ magazines Local radio stations Student Union We also foresee larger companies with a high carbon footprint will want to use our name to re-establish their environmental reputation.

11 Price £1.99/ download

12 First year sales Invested = £3,000 Sales Revenue = £6,712.26 (through advertising and sales) Total Costs = £8,667.10 Trading profit year one = (£1,954.84) We plan to Break even in September of the second year.

13 Third Year Sales £4000 invested into advertising Sales Revenue = £15,446.38 Total Costs = £10,204.94 Profit = £5241.44 Profit Margin = 0.34%

14 Why not give it a go?

15 Thank you for your time Are there any questions?


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