As a technology driven energy solutions company, Digiscape Solution aims to build a company that will provide unique energy solutions to Africa while building a team of people driven by solid personal values which are in alignment with the company’s core values to aid in achieving the company’s set goals and objectives which center around lighting up Africa one city at a time using technology as its driving force.
The business founder of Digiscape solution, Ms. Titi’s need was to solve the power issues the country is facing by producing inverters, batteries, solar panels as well as rendering energy consulting services to individuals and organizations.
“Our focus is to position our company as the preferred choice for energy and power solutions in the country. We understand the market is saturated, however, we need a strategic plan to enter the market and provide services for our identified target market” Ms. Titi stated.
Every Nigerian individual / business deserves electricity that is affordable, and that is what Digiscape is solving with our various products. We are very interested in helping entrepreneurs and business owners become more productive and profitable, the Business Manager stated.
“The company although already existing, has a vision to expand rapidly to other parts of Africa and further infuse technology into its services to ensure the business has a seamless process for service delivery and an excellent customer experience.”
The Principal Business Consultant at Elvaridah had a discovery meeting with the founder of the business to discuss its vision and direction as well as understand the unique proposition that will set it apart from other businesses in the market.
We understood the business was focused on providing tech-energy services that is the infusion of technology in its service provision, which will be appealing to the technology savvy generations. The business owners were interested in building a business that will be profitable and will at the same time develop its people to produce at a high level and therefore improve profitability.
“A friend referred us to your company as she had a personal relationship with one of the founders of Elvaridah. She had in the past referred the company to several other businesses who had all come back with great reviews of their experience”.
Our business plan service is one, which we develop with a lot of diligence because we understand how important the foundation of a business is and we build to ensure we provide the best road map possible to guide execution.
To get started, we sent out a brief after the discovery meeting as well as a questionnaire to be filled by the business owners to enable us get as much information about the intended business, their own profiles, intended budget amongst other determining factors.
We commenced the market research immediately this information was received to determine what exactly currently exists in the market, after which we organized a focus group to test out the several hypotheses we were developing for the business.
The business strategy was also being worked on to determine the direction the company should proceed as well as the recommended structure, staff strength, location and other key determining factors.
We also worked on the financial projections to determine the cost of trips, cost of items as well as recommended operational costs, salaries, break-even points and required budget to commence operations.
With this business plan / road map, we were able to go in-depth into the proposed business as well as the minds of the business owners to build a robust plan that encompasses all of these to ensure the business runs seamlessly and is profitable.
We also provided consulting and advisory services throughout the duration we worked at the company to ensure they were properly guided towards achieving the already laid down goals and objectives.
The Elvaridah team worked to ensure the plan included all the outlined objectives agreed with the business owners for clarity and insight on the intended market and the entire business as a whole.
We documented the business plan on a Word and PDF document, we created bullet points for the pitch deck and then included the financials in PDF and excel format. The business plan was built to kick-start the business for the first five years as we considered inflation, exchange rate fluctuations and inevitable pandemics. We also included templates for staff contracts, appraisals, vendor forms and inventory templates for use once business commences operations.
“Elvaridah really understood the company’s long-term vision and was able to clearly articulate the plans we have as a business looking for a growth plan. When we received the final business growth plan, we were certain that we were indeed ready to grow our business and were more than convinced we knew how to go about it because all we had to do was follow the recommended steps. We are indeed very satisfied”, concluded Titi.