Best Aid

Basically it’s problem solving unique idea in health sector. We ensure hassle free doctor’s appointment. Try to provide 24/7 live chat with specialist doctor as consumer requirement. Try to provide Blood donor in emergency situation where it is needed in our service area. Ambulance service will be available soon. Our ‘Best Aid’ provides a best solution for that specific problem through Digital Getaway. We try to create an Umbrella with all of this services which make easier life for mass people. 

Basically it’s a problem solving sector in medical industry, which try to generate fast and fast medical service. We ensure hassle free doctor’s appointment. Try to provide 24/7 live chat with specialist doctor as consumer requirement. Try to provide Blood donor in emergency situation where it is needed in our service area. Ambulance service will be available soon. 

We have analyzed the macro economic factors to know whether our venture be useful or not. The detailed analysis is given below:

• Political Factors: The present political situation of our country is stable. Government eagerly encourages young entrepreneurs to setup e-commerce business. That’s the biggest opportunity for us to setup our business.
• Economic Factors: Our economy is growing and GDP percentage is increasing day by day.
• Social Factor: Proper decision can be taken within a very short time without hassles for a proper treatment plan, get medicine and blood in a moment in your location. And it save people time and money.
• Technological Factors: Bangladesh is technologically very advanced country. There are many engineering universities and many software development firms where we can get our technological support. Moreover, the government is very helpful toward internet-based startups.
• Legal Factors: The legal framework of Bangladesh is not much complicated. Especially for partnership business the rules and regulation are not very strict. Also, as we are conducting a horizontal collaboration between the companies’ other legal problems of hospital sector will not affect us.
• Environmental Factors: It’s not harmful for our environment. 

We are planning to make our business a partnership business with equal contribution and liability for the business. So the authority for planning the organization, running the business and decision making for the business will also be equal among the partners. All the decisions for the business will be taken in a formal meeting with the written consent of everyone. No partner will have a dominance or power over the other partner no matter what. 

Basically it’s problem solving unique idea in health sector. We ensure hassle free doctor’s appointment. Try to provide 24/7 live chat with specialist doctor as consumer requirement. Try to provide Blood donor in emergency situation where it is needed in our service area. Ambulance service will be available soon. Our ‘Best Aid’ provides a best solution for that specific problem through Digital Getaway. We try to create an Umbrella with all of this services which make easier life for mass people. We are profit from delivery charge & medicine commission. At the same time its upgrade our daily life and impact on our economy.

Basically it’s a problem solving sector in medical industry, which try to generate fast and fast medical service. We ensure hassle free doctor’s appointment. Try to provide 24/7 live chat with specialist doctor as consumer requirement. Try to provide Blood donor in emergency situation where it is needed in our service area. Ambulance service will be available soon. 

The biggest investment that we need to make is in the development of our web portal. We are going to seek professional help to build our website and program our application. 

All the four members of the business will hold a designated position in the business and have their specific roles and responsibility within the company. These roles and responsibility according to their designation are given below:

Members

Roles and responsibility

Mir Hasib Mahmud

(Managing Director)

• Ensuring that the demand of the workforce is met
• Coming up with strategic HRM policies
• Ensuring that the employees are paid appropriately
• Providing training to the employees according to the needs
• Evaluating the performance and correcting the gap between performance
• Providing safe work environment and encouraging fair treatment

Md.Shahed Islam Rana (Director of Finance)

• Making strategies to be financially strong company.
• Controlling the overall accounting functions
• Ensuring the financial growth of the company
• Keeping track of the expense and controlling them
• Keeping record of the internal and external accounts

• Managing the overall operation
• Managing the website and thinking about continuous improvement of the business
• Supervising other departments
• Improving the productivity of the company
• Overseeing additional activities
• Coming up strategies for improvement and debugging the application

Mehedi Hasan Monmoy (Director)

• Providing strategies for attracting new customers
• Building loyal customers
• Keeping a good relationship with the customers
• Coming up with promotional strategies
• Establishing sales strategies
• Ensuring business growth.

Sales Growth

Our revenue stream will come from commission that we will charge to pharmacy and Medicine Company for our service. We are well aware about the fact that in these types of commission-based business, ultimately the lowest and quickest commission offered wins. So, we will price our service in such a way that it will be hard for our competitor to beat our pricing. And since this is a “cost-saving” opportunity, not “profit-making”, customer will agree on the lower price. However, we must also be careful about the cost that we will be incurring, as lowering the commission to much will net a loss for our business. So, we need an optimum commission which will be aggressive to our competitors but at the same time will give us sustainable amount of profit. We will take 10%-15% commission.

Although our platform will be open for everyone, let it be individual owner or businessman, we will try to partner with several companies operating in Food&Allied, Transportation and RMG industry. By 2020, we hope to be able to partner with at least 25 companies operating in these industries. And from the subsequent years, number of partnered companies will increase by 20% every year.

Years

2020

2021

2022

2023

Number of companies

25

30

36

43

Sl. No.

Name of the Principles

Address

Mir Hasib Mahmud(MD)

Khilkhet, Dhaka

Mehedi Hasan Monmoy(Director)

Mohammodpur, Dhaka

Shahed Islam Rana(Director of Business development)

Khilkhet, Dhaka

           Key Partners

1.Doctors

2.Hospital

3.Investor

        Key Activities

1. Doctors appointment.

2. Live chat with call centre for doctor reference.

3.Blood donor data

4. Ambulance service

Value Propositions

1. Provide medical suggestion.

2. Hassles free appointment

3. Reduce confusion for an appropriate specialist for particular diseases.

4. Available blood in emergency situation.

5. Ambulance is always important.

         Customer

         Relationships

1. Social media.

2. Review, rating& feedback system.

3. Sponsorship.

4. Event marketing.

5. TVC, OVC.

6. Campaign.

7. Call centre.

      Customer Segments

           Mass people

             Key Resources

1.Technologial platform

(apps)-android, IOS

Website.

             Channels

1.Website

Mobile apps for android

Bike-rider

                                                Cost Structure

1. Technological infrastructure.

2 .Salaries to employee, riders, live chat employee .

3.Office structure

4.Site zone establishment

5.Marketing and promotions

6.Launch event

7. Operations.

                                             Revenue Streams

2. Earn from Per appointment and ambulance service .

       Social Cost

 Make seminar, campaign for motivate and enlarged our blood donors list .Create awareness for their health rights

            Social Benefit

          Proper decision can be taken within a very short time, without hassles for a proper treatment plan and get medicines and blood in a moment in your location.

The estimated financial needs for the above area are given below:

Item

Cost (BDT)

App & Web Portal

700,000

Office Space

200,000

Equipment and Interior Design

500,000

Marketing Expenditure

800,000

Legal Fees

100,000

Others

200,000

Total

2,500,000

This is to acknowledge that the information provided by “Best Aid” in this business plan, is unique& problem solving idea to this business and classified; therefore, anyone reading this plan agrees not to reveal any of the information without the written consent of the BOD of “Best Aid”. It is also accepted by the reader of this business plan that the information furnished in this business plan, other than information that is in the public domain. Upon request, this document is to be immediately returned to “Best Aid”

n/a

Yes we do