Business Start-Up Plan Winner Announced

Marketest's first ever business plan competition winner is announced, winning £1000 market research for his business.

London, United Kingdom, May 26, 2011 --( Start-up market research specialists Marketest have announced Rashid Somauroo as the 1st winner of their Business Start-up Competition. The Marketest Business Start-up Competition was launched earlier this year due to the increasing push for start-ups and entrepreneurial spirit in the UK. Realising the benefits that market research can bring to start-up business plans, the prize was £1000 expertly tailored market research. This research will be developed along side Rashid by start-up research specialists in Marketest to help create a reliable and valid survey and allow for expert analysis.

Rashid’s start-up business initiative is a social property website, developed to create trust between buyers and agents, allowing discussions to take place online. Rashid said; “ is a comprehensive property website with social networking functionality. Alongside the property listings available to buy or rent, allows users to reviews streets, neighborly spirit, noise, crime, schools, parks, shopping and medical facilities to paint a complete picture of an area."

With this fantastic prize Rashid can now survey his target market to identify potential customer’s needs and wants. This will develop the project, whist adding valuable facts and figures to the business plan and helping to tailor the marketing and positioning plans.

Marketest are delighted at the success of the competition, which showed many innovative business plans on the horizon in the UK. With more and more push for people to take the leap and create their own business there is no doubt that this competition will continue to develop year on year. As Marketest are start-up and entrepreneur research specialists, there is no doubt that their advice and services will become more and more recognised as a necessity for young businesses and small companies.

If you are interested in reading more about Rashid’s win check out the Marketest Blog or for Marketest’s Business Start-up Competition information visit their website.

Eric Brandenburg
020 7687 1234