To-Doo presented a business idea to us with a focus on a particularly underserved market to create a business plan to expand and structure the idea to provide services to that market to gain a competitive edge in the business atmosphere.
Similarly, To-Doo approached us with a business idea targeting an underserved market. Our role was to refine and expand the concept into a structured business plan, ensuring its feasibility and positioning it for a competitive edge within the industry.
Date
Aug 09, 2024
Category
Business
Reading
2 Min
Author
BFG Product
Team
The underserved market faced significant challenges, including limited accessibility and a lack of structured product and service delivery.
To gain actionable market insights, we conducted comprehensive research and analysis using a blend of qualitative and quantitative methods. This included structured surveys targeting all stakeholders (users and service providers), in-depth focus group discussions for a deeper understanding of the challenges, and secondary research through industry reports, competitor analysis, and market trend evaluations. Leveraging these findings, we developed a strategically tailored business plan, incorporating risk analysis and a robust financial planning strategy to ensure sustainable growth in Nigeria's on-demand service market.
BFG Global Consulting LLC strategically bridged this gap by delivering a comprehensive market assessment, along with a detailed execution plan and business strategy. Our approach provided a clear understanding of the market landscape and a structured roadmap to effectively develop and position the business idea for success.
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The BFG Global Consulting LLC (also trading as BFG Consults) is incorporated under the Corporate Affairs Commission in Nigeria (RC - 1779419) and the Companies House for England and Wales (Registered Number -14906851) as a Private Limited Liability Company. We offer custom solutions in software development, market research, strategy development, and workforce training to clients globally. Our business model is built on innovation, combining Consulting-as-a-Service (CaaS) and Software-as-a-Service (SaaS) offerings to individuals and businesses in navigating complex challenges, optimizing performance, and achieving sustainable growth across various industries.