IT & Entrepreneurship

This report aims formulating an analysing a business plan for a new business venture. The venture is related to establishment of a website that will offer dental treatment deals, cosmetic dentistry treatment service appointments at best price. In UK dentistry have huge demand, and 80 percent of the citizens have dental insurance. This may be because of the majority of aging population in UK. Gnashes Inc. would be the name of the company and the website would be named as Gnashes, which would clearly mention the treatments, procedure, price and the location of the dental clinic or centre. In addition to this Gnashes website will also allow its customers to book take online appointment and pay online, so this makes the process easier than the competitors. Moreover, as estimated the company would be able to generate increasing profit in a span of three years and would be able to meet its break-even in the second year. Gnashes will have a team of business development executives to handle clients, and customer care team for the customers. The clients would be offered this service for a commission. In order to reduce the commission percent or offer free services, Gnashes Inc. Would try to acquire sponsorship from tooth paste or tooth related product or service companies. This will create a mode of revenue generation. However, this is a part of future plans and developments. The budget estimations reveal that the company would be able to meet its cost and generate moderately high income in its initial years.

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