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Business Plan For A Co-working Space In Tangier Morocco 1 BUSINESS PLAN FOR A CO-WORKING SPACE IN TANGIER, MOROCCO By [Name] Course Professor's Name Institution Location of Institution Date
Business Plan For A Co-working Space In Tangier Morocco 2 Executive Summary The business world is constantly changing, presenting many opportunities and challenges. The co-working trend has emerged where people, businesses, and freelancers can work in a shared office and reduce the cost of operation. Co-working is still an emerging trend in Africa that is going to change how business is done. To take advantage of this young industry in Morocco, in Tangier, Ultra Solutions Limited wants to venture into this business model by providing shared office space for other businesses, people, and freelancers. The co-working industry is growing at a faster rate. Ultra Solutions Limited intends to get into this business in the city of Tangier. The company plans to establish co-working spaces in strategic locations and partner with other companies such as McDonald's to ensure that it gives quality working space that provides the client can get the value for their money. The company will use the partnership and strategic location to gain a competitive advantage in this emerging industry. Therefore, the company has created a business plan that outlines how viable the business is and the business strategy. The paper used a quantitative and qualitative research methodology. The writing collected both secondary and primary data that were analyzed to inform the business plan. The article has been divided into four parts: the executive summary, the description of the business venture, customer segmentation, key activities, management teams, key personnel, financial projections, and funding.
Business Plan For A Co-working Space In Tangier Morocco 3 Business Plan for A Co-working Space In Tangier Morocco Description of the New Venture The business concept to present is about starting a co-working space business in Tangier, Morocco. An elaborate explanation of the above business concept unravels what is expected all through the plan. Ultra Solutions Limited intends to offer in co-working space and plans to initiate five services in the co-working spaces opening in various Tangier parts. The services the company plan to deliver are outdoor working space, customer or company logo placement in the areas, reception services, consultation, and discounts, offer investor meetings, diversify income services. Diversify Income Services Ultras solutions will also offer income diversification services for businesses that will rent office spaces with the company. Moreover, the company plans financial models by creating various services. The auxiliary facilities will be offered to specific areas within the town apartments that will be secured. Diversification of services will involve offering classes like yoga dance, providing childcare services. The diversification of services is created to

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