Babysitting service - PowerPoint Presentation

Babysitting service Feasibility Analysis

Concept Statement Services and Products We will have an app where clients can request for babysitting services and have the babysitter show up at their home We will have a day care center outside the city center where parents can leave their kids and we take care of them while they are at work

Our Target market The target market for our business is the parent s who have young children especially between the ages of 3 to 7 years old. This will mostly comprise of young parents who are starting out with their careers and need someone to come stay with their kids or a safe place to drop off their kids during the day.

Benefits Our clients will be able to reach us through the use of our app where they can order our services and have someone cone and help them out. We will be introducing the babysitting service to the country and we will have few or no competitors at all. We will be offering an existing service to the people but with better execution and better auxiliary services such as the behavioral correction and outdoor activities We will be located outside the city on an open piece of land giving us more space for activities We will provide the service all year round even on holidays We will have personnel skilled and knowledgeable in early childhood education

Positional Statement We will leverage our competitive advantage to make us the best and leading day care and babysitting center in the city and in the country. We will make sure that the services we provide to our clients are professional and satisfactory.

Founders and directors of the business The business will operate as a limited liability company where the founders will act as the directors and hold an equal share capital. The business was founded by:

Strength of the business The business has a good potential to succeed as it is a new idea to the industry The business idea has moderate potential in regard to industry-related issues. There is a high potential for the target market and customer-related issues There is a high potential on the founder- (or founders-) related issues. The founders have the ability to fund most of the initial costs thus giving the nosiness a moderate potential for the financial issues

Feedback from industry experts All the industry experts thought that the idea was good and the packaging was excellent. They stated that with the help of the app we can make the entire business service streamlined and easy to use thus appealing to more people. It was however stated that we should ensure we have skilled and learned professional when dealing with the naughty children when reforming their behavior as they require special guidance which cannot just be offered by any random person. We were also advised that the outdoor activities should be conducted in a safe and controlled environment to mitigate and accidents to the kids

Feedback from the potential customers The feedback that we got from the potential customers was very encouraging as they seemed to take it up very quick and thought it was much better than what was being provided in the market at the time. The lack of existence of babysitting services in the country had introduced a new idea of thought to these customers and they thought that the idea was good as long as we could ascertain to the safety of the kids when they are left in the care of the babysitter. We assured that this would be okay as we would have the records of the babysitters and provide the clients with their resumes and profiles. Some of the customers especially those who lived in the city and worked there too advised that we should get a transportation service that would pick the kids and drop them off in the evening as they would find it taxing to drive to and from the city twice a day. They also inquired to what outdoor activities the kids would be engaged in and the level of safety and acer this would be given to avoid any accidents. We share with them the proposed outdoor activities and they approved of them.

Conclusion The babysitting idea for our business is strong and has the potential to succeed . It will require moderate funding to start and this is possible with funds rom the directors and a small equity loan.