Bike Rental

Key Partners

  1. Who are your key partners?
    2. Who are your key suppliers?
Potentially partner with a local bike shop for the maintenance
We could create a joint-venture where bikes can be sold rather than just rented.
Key Activities

  1. What are your key activities?
First, we would have to set up a store and buy/order the bikes. Then, we would have to set it up and hire employees. After that, we could advertise in the local newspaper and put flyers up around town saying when we are going to open, the price, and the times the store is open.
Value Proposition

  1. What are your value propositions?
If our customers have any problems with our system or the bikes we will fix them. There will always be someone at the store so if customers have any questions or problems someone will be there to solve it.
Customer Relationships

  1. Your customer relationships?
We will make sure that the customers is comfortable about asking us questions they have and we want it to be a friendly enviroment.
Customer Segments

  1. Customer Segments
Target customers: individuals who need access to transportation
Evaluate the need of customers
Key Resources

  1. What are your key resources?
Employ those who have knowledge of bikes, and those who are good at financials
Create an Intellectual level that includes logos/brandname
Channels

  1. Channels
We plan on providing a post-rental support to resolve any problem with the rental experience
Advertisements to raise awareness of our company's services
Cost Structure

  1. What about your cost structure?
We would charge our customers for the amount of time they use the bike. So, 5 dollars for every hour they use the bike.
Evaluate all possible expenses using several types of analyses (ROI, SWOT, Break-even, etc.)
Revenue Streams

  1. What are your revenue streams?
Our customers would most likely be younger people and kids will ride their bikes most of the day so, if we charge each person 5 dollars an hour then we would be making close to 30-35 dollars per person.
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