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Sunday, December 15, 2013

Business Proposition: Lost and Found Magazine for International Students

Who We Are

Lost and Found London is a magazine aimed at international students in London. Due to be launched in July 2014.  With ten years experience in teaching international students I know their needs and interests well. I have a good working knowledge of online journalism ensuring that I am  well placed to create the content for this magazine and its online presence.

What We Sell

Lost in London is a monthly magazine of 24 pages.  It will contain culture, fashion and events listings.  It will look cool and trendy and ensure that it is a must read for any student in London.  There will be articles about what is happening in London and the UK.  
The content will be supported by a strong online presence including a mobile friendly website where students can find interactive links and vocabulary games to help reinforce their learning. There will be forums where students can buy and sell and find accommodation.
There will be social media sites where students can form and maintain networks and make friends.
There will be opportunities for students to contribute to the magazine by writing articles, providing photos and design pages.  
A key element of the magazine is its tie with Lost in London, the biggest international student events planners in London.  With links to over 50 schools in London, they will help to distribute the magazine.  Events will be listed in the magazine and photos of students attending them will be included in future magazines.

Who We Sell To

The magazine is aimed at the thousands of international students who come to study in London each year. The UK Council for International Student Affairs puts the figure at over 100,000 international students studying in university in London.  When we consider that there are over 100 private language schools in London, each with a few hundred students then the demographic is at least twice this number. 
The tightening of visa restrictions means that the majority of these students are well off and have disposable incomes.
They enjoy shopping, fashion, and socialising.

Financial Summary

Financial Highlights

Lost and Found will be competitively priced at £2.50 a copy.  This will ensure that the business turns a profit from the first year.  If we sell 2000 copies in the first month and sell more at increments of 250 a month until reaching 5000 copies a month by 2016.
In the first year 2015, we will make a profit of just under £25,000. In 2016 this will rise to £60,000 and in the year 2017 it will be around £70,000
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