{"id":451,"date":"2011-10-25T11:04:04","date_gmt":"2011-10-25T10:04:04","guid":{"rendered":"http:\/\/staging.startups.co.uk\/?p=451"},"modified":"2021-05-18T16:11:40","modified_gmt":"2021-05-18T15:11:40","slug":"business-plan-of-the-year-2011","status":"publish","type":"post","link":"https:\/\/staging.startups.co.uk\/startups-awards\/business-plan-of-the-year-2011\/","title":{"rendered":"Business Plan of the Year 2011"},"content":{"rendered":"<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-5155\" alt=\"MBA &amp; Co\" src=\"https:\/\/staging.startups.co.uk\/startups-awards\/wp-content\/uploads\/2011\/10\/MBA__Co_logo_2.png\" width=\"200\" height=\"103\">Founders:<\/strong> Daniel Callaghan <strong>Year started:<\/strong> 2009 <strong>Website:&nbsp;<\/strong><a href=\"http:\/\/www.mbaandco.com\">www.mbaandco.com<\/a><\/p>\n<p>Traditionally, if a company wanted to hire MBA-level talent, a management consultancy would be its first port of call. MBA &amp; Company offers another way. Founded in March 2009 by Daniel Callaghan, MBA &amp; Company is an online marketplace where businesses can post freelance consultancy jobs, which business school post-grads&nbsp;such as MBAs, PhDs and professors&nbsp;can then&nbsp;bid for. At the same time, freelance post-graduates&nbsp;can gain additional income, contacts, experience and credibility though an eBay-style feedback system.<\/p>\n<p>Projects cover everything from 10 hours of internet research to six-month market analysis, and MBA &amp; Company earns a&nbsp;success&nbsp;fee&nbsp;for each commission, based on the total value of the project.<\/p>\n<p>Having just finished his own MBA, a cash-strapped Callaghan launched the business with&nbsp;just &pound;1,000 in 2009. From this initial investment, the network has grown to encompass more than 8,000 post-grads in over 100 countries, with projects successfully brokered in Russia, America, China, Brazil, France, and many others. Meanwhile, clients have ranged from start-up businesses to FTSE 100 firms and government departments.<\/p>\n<p>Growth was&nbsp;catapulted by a successful funding round in 2010, with investment raised from several European Seed funds. The company&rsquo;s comprehensive business plan, which clearly defines the market opportunity and the strategy for capitalising on it, was no doubt integral to&nbsp;the&nbsp;fundraising, which has&nbsp;helped the&nbsp;business to smash through its first-year&nbsp;financial forecasts. Breaking even three months ahead of schedule, it is now&nbsp;on track to turn a healthy profit in 2012.<\/p>\n<p><strong>Judges&rsquo; comments:<\/strong> This was an unusual situation for the judges, and took up more judging time than normal. MBA &amp; Company is a young business which has already generated substantial revenue serving both blue-chip and smaller business clients. It supplied a very good business plan for an excellent business which the judges expect to grow impressively in future.<\/p>\n\n","protected":false},"excerpt":{"rendered":"<p>Founders: Daniel Callaghan Year started: 2009 Website:&nbsp;www.mbaandco.com Traditionally, if a company wanted to hire MBA-level talent, a management consultancy would be its first port of call. MBA &amp; Company offers another way. Founded in March 2009 by Daniel Callaghan, MBA &amp; Company is an online marketplace where businesses can post freelance consultancy jobs, which business [&hellip;]<\/p>\n","protected":false},"author":91469,"featured_media":5155,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[117],"tags":[],"class_list":["post-451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-winners-2011"],"acf":[],"yoast_head":"\n<title>Business Plan of the Year 2011 - Startups Awards by Startups.co.uk: Start up a successful business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/staging.startups.co.uk\/startups-awards\/business-plan-of-the-year-2011\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Business Plan of the Year 2011 - Startups Awards by Startups.co.uk: Start up a successful business\" \/>\n<meta property=\"og:description\" content=\"Founders: Daniel Callaghan Year started: 2009 Website:&nbsp;www.mbaandco.com Traditionally, if a company wanted to hire MBA-level talent, a management consultancy would be its first port of call. 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