1. Executive Summary

bizNet Canada has established a business club to link business partners across Canada and United State. Intended members can join the club via an online platform, no monthly meetings necessary. All networking activities will be conducted online at our club's membership lounge. This will save time and money. “Go to meeting at your own convenience”

 We expect growth rates of membership to show a positive dynamics between 20% to 30% annually. A high demand for online business network such as bizNet Canada comes as a result of small businesses seeking new opportunities online through business relationships.

 The goal of this venture is the operation of a business club. The company automates the whole membership process to provide low prices and costs.  Annual fee of $50.00 per member will be collected for the purpose of research and development of the club.

 1.1 Business Opportunity

The prospect for small businesses aiming at capturing their market shares online is getting higher every year, and so is the cost. As more and more businesses get on the Internet it becomes harder for potential customers and clients to find the right company to deal with. As a result the cost of advertising on the Internet is souring through the roof. This calls for formation of better business networking systems such as bizNet Canada Business Club.

 The prediction is that the online business service market is projected to remain strong and a fast growing segment of all business activities over the next five to ten years. A significant portion of these services will involve the overall relationship management process between business partners.

 bizNet Canada intends to become a leading provider of business relationship management solutions that link business partners over an integrated club platform.

 The company's objective is to create a leading national, business-to-business club platform, that operates in cities and provinces with respect to industry-specific markets. The company believes that it has a competitive advantage due to the geographic expansion of its services, making possible for small companies from every region of Canada to participate in this program. The company will expand the business into international markets, however, time will play a major role.

1.2 Service Description

The company plans to become a popular business club platform to service a large number of membership. The company believes that as the membership grows the club members will create their own pattern of privileges and incentives necessary to maintain club activities. Members can contact other club members by using an online platform via club's discussion forums.

Members will be provided with membership cards (wallet size) bearing their names and ID numbers. There will also be other identification materials available for those members who need them for wall mounts or counter tops.

Members are required to provide a basic amount of percentage discount to other members and their referrals during business transactions. The minimum amount of percentage discount allowable will be voted on by active club members.

Members will be encouraged to provide sales leads to other members. 

1.3 The Request

bizNet Canada has already invested over $75,000 to develop bizNet Canada Business Club. We are not asking for equity partners, we only asked that business owners and executives will join the club to form business partnership. Partnership that will bring businesses together to assist each other. 

 2. Company History

bizNet Canada was first registered in Manitoba, Canada in 1997 and began operation as web services company. It has since integrated many ground level business operation modules such as consulting services for online business and marketing.

 The fiscal year of the company is the calendar year and the life expectancy of the company is unlimited.

  3.1 Service Descriptions

This business solution is designed to enable members of the club to use the platform to access a nation wide network of other business customers. The idea is that members could easily be to new business partners, products or services.

The focus on technology will enable the club to successfully manage the rapid growth of its membership and build scalable systems to meet its future demands. At present, the platform can handle approximately 50,000 members. The company is currently working on systems capable handling up to 100,000 members to cope with future growth.

3.2 Membership:

Business club activities will be conducted online, membership is open to all types of businesses to join, small and medium sized nation wide. The club's activities are operated online and that makes possible fora wide range of participants, whether they live in a big city in Ontario or a small town in Yukon, whether you run a small maintenance shop or you're a top executive of medium sized company. Being part of this business club will expose your products and services to a vast number of customers and clients. 

3.3 Business Categories:

Businesses of the same categories can join the club.

All business categories are invited to join the club. There is no such thing as one member to one business category, as it is done in many business networking groups. Such system does not give the membership much room to bargain for better deals. Why should a member buy goods or services from a fellow member if he/she could get a better deal outside the club?   At this Business Club we may have five members representing five different law firms and three members representing three accounting firms, or five clothing stores as members in the region of Canada. This will encourage competition within the club resulting in excellent business deals for club members. Competition is good for business; if you can't compete within the club membership how can you compete city wide or province wide.

 3.4 Discount Deals:

Club members will vote on minimum percentage discount offered on business conducted among members and clients or customers referred by another member. This issue is open for discussion by active club members at the lounge.

  3.5 Advertisement:

Advertising at the club's web pages will be reduced to very low prices for members. Logos of member companies will be featured at a profile pages free of charge. We also encourage members to exchange links to their web sites with other club members for more exposure to the marketplaces.

 3.6 Travelling:

We will continue to seek travelling privileges such discounts for hotels rooms and  restaurants for our active members.

4.1 Membership Fees

Club membership fee of $50.00 per year will collected to help cope with research, advertisement and development of the club.

4.2 Promotional Plan

Major promotions will be done online at Google, MSN, and Yahoo. Some print media will be sourced. Monthly budget of $2500 will be impacted.