Startup Business Consulting: Concierge/Travel Industry

Startup Business Consulting: Concierge/Travel Industry

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  • Business Planning

Project Overview:

Startup project for a New York City startup travel tourism business. Developed business plan with financial statements, set up operations, hired staff, set up Office365 and phone system
Our client came to us with an idea for a business concept, but did not have full understanding of how to build the products that the Company would sell. The business would be in the travel industry in New York City, and needed to have some differentiator that would give it strategic advantage in the marketplace.

Challenge

Create

Research showed us that there was demand for the type of business that she wanted to open. The sheer number of personal and business travelers coming to and leaving the city demonstrated a market size with the disposable income required to sustain the right business in the travel industry. However, due to the number of similar firms in the NYC area at many stages of development, the company would require a model and offerings that were not easily duplicatable, and needed a model that would be scalable.
Local, regional and global market data allowed us to identify an under served market segment that had both the interest and disposable income to support the basic business concept. Gaining an understanding of the industry, both in its present state and where it is trending for the future helped us to plan for how the Company products and services would need to evolve over time.

Design

Build

Local, regional and global market data allowed us to identify an under served market segment that had both the interest and disposable income to support the basic business concept. Gaining an understanding of the industry, both in its present state and where it is trending for the future helped us to plan for how the Company products and services would need to evolve over time.
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