Business Plan for handyman services online platform: FIXED

Novel Marutyan

Bachelor's thesis

Business plan for FIXED application

Abstract:

With this bachelor thesis my goal was to write a business plan for an online handyman services platform. FIXED is a sophisticated online website as well as a mobile application which connects handymen with households that demand repair and maintenance services. With its integrated payment system and multilingual customer support FIXED will set its self apart through the added convenience and ease of use it offers. In order to examine the business plan, I have used PESTEL and Porter’s Five Forces analysis alongside with SWOT analysis and Marketing Mix analysis. Lastly, to test whether the business plan is financially viable I have estimated the market share of FIXED in the Prague market, from which point I have been able to forecast all three financial statements. These statements suggest that FIXED can be a profitable business with a strong potential due to being the only player of its kind on the market in Prague as well as the Czech Republic.

Abstract:

With this bachelor thesis my goal was to write a business plan for an online handyman services platform. FIXED is a sophisticated online website as well as a mobile application which connects handymen with households that demand repair and maintenance services. With its integrated payment system and multilingual customer support FIXED will set its self apart through the added convenience and ease of use it offers. In order to examine the business plan, I have used PESTEL and Porter’s Five Forces analysis alongside with SWOT analysis and Marketing Mix analysis. Lastly, to test whether the business plan is financially viable I have estimated the market share of FIXED in the Prague market, from which point I have been able to forecast all three financial statements. These statements suggest that FIXED can be a profitable business with a strong potential due to being the only player of its kind on the market in Prague as well as the Czech Republic.

Keywords

Startup, Handyman services in Prague, Online Platform, Handyman services

Keywords

Startup, Online platform, Handyman services in Prague, Handyman services

Language used: English

Date on which the thesis was submitted / produced: 11. 2. 2019

Thesis defence

• Date of defence: 27. 6. 2019
• Supervisor: Jan Mareš
• Reader: Blanka Habrmanová

Vysoká škola ekonomická v Praze

Bachelor programme / field:
Ekonomika a management/Business Administration / Corporate Finance and Management