Starting a new business: KIDSBUS GmbH

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 "e;KIDSBUS Transport Services"e;, "e;KIDSBUS Event"e;, "e;KIDSBUS Overtime and Easy Pick-up"e; and the "e;KIDSBUS Additional Services"e;. 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.