Start Up - Just Next Door Final Pitch

Post on 25-Jan-2017

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transcript

1

Do More Beyond Neighborhood

2

Problem

Expensive

Time Consuming

3

Value PropositionAffordable Pricing

Timely Response(On-Demand)

Freelance Market

3-Day Guarantee

4

Underlying Magic

Geolocation

Trust

User Friendly(Number of steps)

5

Prototype Demo

6

7

8

9

10

11

Business Model

15% of every transaction • User – 1 discounted service for every 10 service acquired

• Freelance Labour – 5% reduction in JND charges every 10th service provided

12

Go to Market Plan

Residence Association

FacebookRoad Show Youtube

13Management Team

Illustration 1 Illustration 2 Illustration 3

Illustration 4

Izzati - CEO Hazril - Product

Ashraf - Product

Shikh - Product

Chin - Finance

Kit - Business

Hanif - Business

Yie Wei - Business

14

Competitor Analysis

ServisHero

+ Full professional qualification

+ Strong verification process

Kaodim

+ Full professional qualifications

+ Quick quotations

+ Strong verification process

- Slow turnaround time (acknowledgement to service)

Rapidfy

+ Option for freelance/professional

+ International Supplier Acquisition

- Weak marketing team- Slow turnaround time (acknowledgement to service)

15

Financial Projection

Year 1 Year 2 Year 30

100,000

200,000

300,000

400,000

500,000

600,000

700,000

64,800

320,000

650,000

16,00064,000

280,000

Financial Revenue

Paying Users

Commission Structure = 0.15 Base rate per transaction = RM40 Average Revenue per transaction = 0.15 * RM40 = RM6

Revenue CitiesY1 – RM 64,800 Kuala LumpurY2 – RM 320,000 Ipoh, Johor Bahru,

PenangY3 – RM 650,000 Hanoi, Bangkok, Ho

Chih Minh,Singapore

Paying Users Y1 – 16,000 Y2 – 64,000 Y3 – 280,000

16

Cash FlowFixed Costs 40%Variable

Cost60%

Fixed Costs Amount

Working Capital RM 55,000

CAPEX RM 15,000

Website and App Development

RM 30,000

Variable Costsx Amount

Salaries (RM3,000*2)*12=RM72,000

App Maintenance RM1800*12 = RM21,600

Overhead Costs RM4400*12 = RM52,800Average Monthly Burn = RM12,200.00

17

What Are We Looking For• Fully functional prototype.

• Pilot project live by Q2 2017 in major areas in Klang Valley

• We are looking for a funding support of RM250,000