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Business Babies From business baby to business boss
Competition:
Service: Business Babies provides the service of assisting, coaching and helping people unlock their full potential in order to obtain fulfilling careers.
Competitor Strength Weakness
Jody Michael Associates Market Share: Established since 2007 and has gained a good reputation in the Chicago land area.
Priceline: Charges up to $350 per session, making the service too expensive for college kids and graduates.
School Guidance Counselors Free Service & Located on University campus
Doesn’t offer in depth career coaching. No networking services offered.
Monster & Career Builder Free to sign up Generates relevant job opportunities based on resumes
Low percentage of actually landing a career of your choice.
Social Media:
Pricing Breakdown:
Group Pac
kage:
Consists of 1 coach
Anywhere from 1
-‐5 Clien
ts
$225 / per pe
rson
One on One Pac
kage:
Consists of 1 coach
$300 / person
Monthly Breakeven Margin: Costs:
$1200 -‐ Office Space $1000 – Employees
______ $2200 – Total
(Roughly 10 clients / month)
Financial Investment: $10,000 Bank loan request
$ 5,000 investment from both CFO & CEO
Breakdown:$10,000 – Office down
payment and monthly rents $2,000 – Office supplies
$3,000 – Promotion and Advertising
$5,000 -‐ Contingency
Mission:
“Turning Business Babies Into Business Bosses”