Write around a 5500 to 6800 words business plan for a money transfer mobile app that is called InstantCad. InstantCad is founded in Toronto, will cover all the Canadian provinces, and will be launched in April 2022. InstantCad is an app for people who know each other regardless if they′re friends or relatives. InstantCad is designed to help solve the problem of various cash payments like paying for services online, sending money as a gift, paying a landlord, or borrowing money from a friend. InstantCad should verify your identity for using it and will be connected to a bank account, credit card, or debit card. InstantCad is an in-app wallet designed to transfer money and it takes seconds for transactions to be executed, but could take longer if you need to use credit money. InstantCad charges a %2.5 fee if you use a credit card to send money, while making payments with a debit card or bank account is free. InstantCad also charges a %2 fee if you request an Instant Transfer of funds from your InstantCad account to your linked debit card. InstantCad uses English as the primary language and French as the secondary. Make sure the plan includes:
Cover sheet
Table of contents
Executive summary
Company summary
Products and service desсrіption
Market and industry analysis
Strategy and implementation analysis
Management summary
Marketing plan
Five year financial plan (P&L statement, common size income statement, cash flow analysis, Balance sheet, breakeven analysis, business ratios page, and loan amortization chart)
Sample Solution