Question

 

Hello, i need an expert tutor to write a business plan for a business that offers some form of HR product or service (example: staffing agency, benefits consultant, training company, etc). I need it to formatted EXACTLY like the business plan template that i have attached. The template also has specific instuctions for what should be included in the business plan so there is really no guess work, its pretty straight forward. nothing more and nothing less than whats in the template and the format should be exact. i also need you to be willing to make corrections if they are needed. The entire plan should come out to be somewhere around 10-15 pages. THANKS in adavnce!!










Name of Company Business Plan
Firstname I. Lastname
Your Title
0000 Name of St
City, State 00000
(000) 000-0000
[email protected]
October 11, 2011
Student ID 000000 Lastname Business Capstone Business plan Version page 2
Human Resource Management Majors (QET1):
Develop a business plan for a company that offers HR products or services. Examples might be a temporary or staffing agency, benefits consultant, training company, etc.
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A. Executive Summary ...................................................................................................................................... 4
A1. Business Identification: ................................................................................................................................. 4
A2. Mission, Goals and Objectives: ...................................................................................................................... 4
A3. Keys to Success: ........................................................................................................................................... 4
B. Company Summary ...................................................................................................................................... 5
B1. Industry History: ........................................................................................................................................... 5
B2. Legal Form of Ownership: ............................................................................................................................ 5
B3. Location and Facilities: ................................................................................................................................. 5
B4: Management Structure: ................................................................................................................................. 5
B5. Products and Service: .................................................................................................................................... 5
C. Market Analysis ............................................................................................................................................ 6
C1: Target Market ............................................................................................................................................... 6
C2: Industry Analysis .......................................................................................................................................... 6
C3: Competitive Analysis .................................................................................................................................... 6
D. Market Strategy ............................................................................................................................................ 7
D1: 4Ps. .............................................................................................................................................................. 7
D2: Price List- ..................................................................................................................................................... 7
D3: Selling Strategy- ........................................................................................................................................... 7
D4: Sales Forecast-.............................................................................................................................................. 7
E. Implementation Strategy ............................................................................................................................... 7
E1. Overall Strategy- ........................................................................................................................................... 7
E2. Implementation- ............................................................................................................................................ 7
E3. Control Plan- ................................................................................................................................................. 7
F. Financial Statements and Projections ........................................................................................................... 7
F1. Revenue and Cost Estimate- ........................................................................................................................... 8
F2. Forecasted Profit and Loss Statement ............................................................................................................. 8
F3. Forecasted Balance Sheet- .............................................................................................................................. 8
G1. Financial Projections .................................................................................................................................... 9
G1a- Breakeven Point- .................................................................................................................................... 9
G1b-Financial Position:.................................................................................................................................... 9
G1c-Capital/Investment Needs: ........................................................................................................................ 9
References ............................................................................................................................................................ 10
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A. Executive Summary
A. Executive Summary (suggested length of 1-2 pages) An executive summary is a brief synopsis at the beginning of a business plan that highlights key facts, issues, and conclusions.
The executive summary must contain the following items:
A1. Executive Summary-Business Identification: An introduction that includes your business name and location.
A2. Executive Summary-Mission, Goals and Objectives: Explain the mission, goals and objectives you have outlined for your company.
A3. Executive Summary-Three Keys to Success: Include what you think will be your keys to success in the new operation.
Concept Self Check Activity: Check your completed executive summary to ensure it meets the following requirements.
Your work should
•	identify the business name and location (A1).
•	provide a precise description of the mission, goals, and objectives of your business (A2).
•	provide a logical discussion of three keys to your company's success (A3).
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B. Company Summary (4-6pgs suggested)
B. Company Summary
B1. Company Summary-Industry History: Provide a brief history of the industry in which the business will operate. Highlight some of the reasons why you would want to start this company.
B2. Company Summary-Legal Form of Organization: Readers will want to know the legal establishment of your business as this will affect your taxes and liabilities. Describe the ownership and legal establishment of your company, (i.e., specifying whether your company is a corporation, partnership, sole proprietorship, limited liability partnership, etc.) be sure to include why you chose this legal form.
B3. Company Summary-Location and Facilities: Describe the geographic location of your business including where the products/services will be produced. Identify any regulatory or legal issues your company needs to consider now or in the future in reference to the location and/or facilities.
B4. Company Summary-Management Structure: This section should include a description of the principal roles of your company's management staff. You should provide a description of your company's personnel structure (i.e., hierarchy) and short and long-term plans for staffing.
B5. Company Summary-Products and Services: The products and services section of a business plan provides a description of the different types of products and/or services offered. Provide a clear explanation of the primary product(s) and/or service(s) your company produces and describe attributes unique to these products/services.
Concept Self Check Activity: Check your completed company summary to ensure it meets the following requirements.
Your work should
•	provide a precise description of the history of the industry in which your company will operate (B1).
•	identify an appropriate legal form for your company to take (B2).
•	provide a precise description of the location and type of facilities needed for your company (B3).
•	provide a precise description of the management structure, including key personnel and positions (B4).
•	provide a precise description of the products and services offered by your company (B5).
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C. Market Analysis (3-5 pgs suggested)
C1. Market Analysis-Target Market: Provide a description of the current market for your company's product and/or services. You should address the following questions:
1.	Who are your customers?
2.	Where are your customers, and how do you reach them?
3.	Are your customers currently buying your product/service from someone else?
4.	How will you educate customers to buy from you?
5.	Why will the customers care about your product?
C2. Market Analysis-Industry Analysis: This section should demonstrate that you, the owner of the business, understand and have anticipated the important factors of the industry. This section should also address the basic trends and growth of the industry over time.
C3. Market Analysis-Competitive Analysis: This section needs to provide a description of your company's current competition. If there is no direct competition for your company's product, but there are alternatives to the product in the marketplace, address that in this section. Evidence should be provided of why your company's product(s) and/or service(s) are unique and why the company has a competitive advantage in the market place.
Concept Self Check Activity: Check your completed market analysis to ensure it meets the following requirements.
Your work should
•	provide a precise description of the target market for your company's products and services (C1).
•	complete an appropriate industry analysis (C2).
•	complete an appropriate competitive analysis (C3).
 
D. Market Strategy (3-6 pgs suggested)
D1. Market Strategy-Four Ps: In this section, you need to address the following items associated with the four Ps of marketing:
1.	Product: The positioning strategy which shows where your business is placed within the market, what characteristics the products/services offer in comparison to competition's products/services should be discussed.
2.	Pricing: The pricing policies related to your product characteristics and the market tendencies and the criteria used to set the price of the product should be addressed.
3.	Promotion: How you plan to promote your product (e.g., media, catalogs, e-mail, posters, shows etc.) should be addressed.
4.	Place (Distribution): The main directions and assignments for your product/service's distribution channel (buyer, vendor) should be discussed.
D2. Market Strategy-Price List: A comprehensive price list for your company's products and services should be included. This may be presented in a table or chart format.
D3. Market Strategy-Selling Strategy: This section should provide a sales strategy which includes the specific goals, milestones and deliverables for your company. Include a list of the step-by-step milestones for the planned actives and designate who is responsible for each item. Dates and figures should be included in this section. For organizational purposes, the information can be put in a table format.
D4. Market Strategy-Sales Forecast: A sales forecast is a prediction based on past sales performance and an analysis of expected market conditions. The true value in making a forecast is that it forces individuals to look at the future objectively. This section should address the following questions:
•	How will your company approach the customer (e.g., Internet, sales staff, etc.)?
•	How do you plan to sell the concept or image of your company?
In addition, a sales forecast should be made on the basis of a market analyses and previous customer, competitor (when it is the case). Because your company will be a start-up company, you will be forecasting your sales on the basis of market analysis and competitor's sales.
Concept Self Check Activity: Check your completed market strategy to ensure it meets the following requirements.
Your work should
•	provide a logical discussion of all four of the four Ps as they relate to company products and services (D1).
•	develop an appropriate price list for your company's products and services (D2).
•	develop an appropriate selling strategy with specific goals, milestones, and deliverables (D3).
•	develop an appropriate sales forecast based on expected market conditions (D4).
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E. Implementation Strategy (3-6 pgs suggested)
E. Implementation Strategy
E1. Overall Strategy: This section should provide a summary of the overall strategy for successfully launching your business, as well as provide a brief introduction to each of the sections that will be covered in the strategy and implementation section of your business plan.
E2. Target Dates, Goals and Objectives for Implementation: You may want to include this information in a table or chart. Provide a thorough description of the goals and objectives for your business, along with the target dates of implementation for these goals and objectives.
E3. Control Plan: Develop an appropriate control plan to be used to evaluate the success of your company in meeting milestones.
Concept Self Check Activity: Check your completed implementation strategy to ensure it meets the following requirements.
Your work should:
•	provide a precise summary of the overall strategy for successfully launching your business (E1).
•	appropriately outline target dates, goals, and objectives for implementation (E2).
•	sevelop an appropriate control plan to be used to evaluate the success of your company in meeting milestones (E3).
 
F. Financial Statements and Projections(3-5 pages) – Develop projected financial statements for the first year of business. You may use the Business Plan Financials Template to prepare this section or you may create your own template.
F1. Revenue and Cost Estimate: This should be based on the sales forecast you created in the marketing strategy section. Calculate the month-by-month estimates of revenues and operating expenses plus interest expense to obtain a profit projection for your first year of operations. It will reveal net profit (obtained from subtracting the interest expense from the profit before interest). The profit before interest is calculated by subtracting total expenses from total revenue.- This is the first part of the profit and loss statement. You will estimate the revenue (sales) and expenses for the first 12 months of your business.
F2. Forecasted Profit and Loss Statement
(Month by month for 1st 12 months)– Here you will consider the sales forecast, the operating expenses, and the profits. Take the month-by-month revenue estimates of sales and expenses from the revenue and cost estimate (F1) and include interest expense to obtain a profit projection for your first year of operations. It will reveal net profit (obtained from subtracting the interest expense from the profit before interest). The profit before interest is calculated by subtracting total expenses from total revenue.
Examples of expenses may include:
•	Salary expenses
•	Payroll expenses
•	General and administrative
•	Repairs and maintenance
•	Marketing and Advertising
•	Accounting and legal
•	Utilities
•	Insurance
•	Taxes (real estate, etc.)
•	Selling Expenses
•	Other expenses (specify)

F3. Forecasted Balance Sheet-This statement deals with cash and income and also with assets, liabilities, and capital. The balance should result in the debit and credit balances ending up equal.
Concept Self Check Activity: Check your completed financial statements and projections to ensure they meet the following requirements.
Your work should:
•	develop an appropriate month-by-month estimate of revenues and operating costs based on the sales forecast (F1).
•	develop an appropriate forecasted profit and loss statement (F2).
•	develop an appropriate forecasted balance sheet (F3).
G1. Financial Projections (1-2 pgs suggested)
(1-2 pages)- Summarize the financial projections and the assumption used in estimating the projections in section F.
G1a- Breakeven Point- Include an estimate of income and expenses. It determines whether or not your business will bring in enough money to meet its costs.
This Link has the formula that may be used to calculate the break even point:  Business Formula
This method is used to determine the exact point at which the business makes neither takes a loss nor makes a profit. It is calculated at a point where sales have grown at a greater rate than costs and the two lines cross.
 
Note: Although it is more difficult to define, break-even does work for a service business. When determining the variable costs for a service business, remember that the variable costs are defined as direct labor, direct materials, and overhead.
G1b. Financial Position: Based on the prospective financial data you provided in the financial statements and projection section, provide the reader with a summary of where your company will be financially at the end of year one. Will you break-even, show a profit; show a loss due to start-up costs etc.? Make sure you summarize any assumptions that you have made regarding your financial situation (i.e., changes in the economy, consumer demand, decrease in costs etc.). You may want to include a graph or a chart to illustrate your company's financial position.
G1c. Estimated Capital/Investment Needs: Your projections should match your funding requests. For example if you require an SBA loan to start your business, you need to justify your start up expenses and; thus, the need for the loan. Once again, any assumption you make should be clearly stated. Estimate the capital and investment needs for your company. Be sure to discuss any equity contributions your company will need along with other start up costs required.
Concept Self Check Activity: Check your completed financial report to ensure it meets the following requirements.
Your work should:
•	provide a precise summary of the financial projections and assumptions used in estimating the projections (G).
•	provide a plausible estimated break-even point (G1a).
•	provide the company's financial position at the end of year one (G1b).
•	provide plausible estimated capital/investment needs (G1c).

 

Revenue & Expenses	January 	February	March	April	May 	June	July 	August	September	October 	November 	December
REVENUE (Sales):												


												
												
Monthly Profit and Loss 	January 	February	March	April	May 	June	July 	August	September	October 	November 	December
REVENUE (Sales):												
												
												
OPERATING EXPENSES:												
												
												
												
												
												
												
												
												
												
												
Total Operating Expenses:												
Profit before Interest 												
Interest Expense												
Net Profit (Loss) - Monthly												
												
Net Profit (Loss)  for year												
Net Profit/Sales												
												
												
Assumptions: 												
												
												
								
								
			Projected Balance Sheet					
								
								
	ASSETS:							
	Current Assets:							
								
								
								
								
								
	Long Term Assets:							
								
								
								
								
								
								
	Total Assets							
								
	LIABILITIES:							
	Current Liabilties:							
								
								
								
	Long Term Liabilities:							
								
								
								
	Total Liabilities  							
								
	Owner's Equity							
								
								
								
								
	Total Liabilities and 							
	Owner's Equity							
			
    • 8 years ago