Financial Business Plan

Closed
Fyto Technologies
Los Angeles, California, United States
CEO
(2)
3
Project
Academic experience
50 hours per Student
Student
Anywhere
Advanced level

Project scope

Categories
Financial modeling Financial services Investment Risk, audit and compliance Product or service launch
Skills
internal documentation business planning sales business to business
Details

We are looking to launch a new business and would like to involve students in this exciting time as we works to develop a financial business plan. We can provide access to internal documentation other information as needed as well as access to key contacts.

We are a b2b and d2c company offering automated wildfire protection products to homeowners. The d2c model will be available on our website www.firefyto.com. The b2b model will sell to partners such as contractors, property developers, insurers etc. We can share sources of revenue and our current information once the project kicks off or with the course administrator.

Based on our unique goals and constraints, we would like students to develop a strong, competitive financial business plan, which we can present to investors.

The plan should include:

  • Sales forecasting
  • Expense budget
  • Income projections (conservative and aggressive)
  • Assets and liabilities
  • Break-even analysis

Deliverables
No deliverables exist for this project.
Mentorship

Reach out to me, Marcel Furmie, CEO, any time. I am available each day for office hours. I am also always reachable via email and messaging platforms such as Slack. I will be actively supporting all students throughout this course.

Before founding Fyto, I was the Director of Product at Quantgene, a biotech company in Los Angeles. I have also served as a professional advisor to the Project Management Institute since 2017.

About the company

Company
Los Angeles, California, United States
0 - 1 employees
Manufacturing, Technology, Environment, Real estate

Fyto Autonomous Firefighting is a California-based wildfire protection company. Our mission is to end the destruction of private property caused by climate disasters with a specific focus on wildfires.
Fyto has an exclusive license to use a patented sprinkler system in North America. This sprinkler system will douse the home and the area around the home (the fuels) in water and a microbial-based wetting agent.
In addition to this, Fyto is has developed Fyto Cloud, an artificial intelligence-based system to determine when to enable the sprinkler systems around your home. By using a network of sensors, Fyto Cloud can monitor the environment and selectively enable the sprinklers around the home to reduce the risk of fire ignition.
Fyto is targeting homes in the WUI (Wildland Urban Interface) as a large swatch of these homes are unable to get adequate insurance.

We call our wildfire defense product ‘FireFyto’. You can see more at www.homewildfireprotection.com