Starting a new business

Seminar paper from the year 2012 in the subject Business economics - Company formation, Business Plans, grade: 1,0, University of applied sciences, Munich, course: Entrepreneurship, language: English, abstract: KIDSBUS is a new idea for offering professional and flexible mobile child care service for flexible parents. The KIDSBUS idea directly relates to customer's needs in a society where the integration of work and parenthood gets more and more difficult. Child care is a very sensitive area and therefore needs a maximum level of trust and responsibility by any service provider. Therefore KIDSBUS works with professional child care personnel. Starting in Munich, KIDSBUS offers the "KIDSBUS Transport Services", "KIDSBUS Event", "KIDSBUS Overtime and Easy Pick-up" and the "KIDSBUS Additional Services". KIDSBUS plans to expand to a second area in greater Hamburg in 2015. The revenue planned exceeds three million Euro in the 5th year. In order to start the business a cumulated amount of 365 thousand Euros of foreign capital is required from year one to year three. Sales and financial planning indicate a positive free cashflow from 2016 and an almost doubling net profit from 2015 - 2017. Due to factors of social developments and political subsidization KIDBUS delivers both: the basis for profitable business and a social added value for a changing society.