As one of three management consultants with many years of experience, you have SET yourself the goal of founding your own management consultancy. The topics, contents and solution offering with which you can advise and support potential customers are clear. The legal company is already founded and registered in the commercial register. Now you must pitch your business plan to the banks to get the necessary start-up financing!
Especially the banks are interested in the underlying rationale of the SET Management Consulting business model. Your goal is to focus on explaining the revenue and cost streams as well as your KPIs for performance management.
With that, you have following assumptions in your business plan:
Please refer to the "Assumptions" illustration and try to think what is the revenue and what are the costs per month.