Companies need to make sure their employees have the best training and tools available. They use the retreats to help colleagues get together and work well together which helps avoid turnover. Happy coworkers mean happy customers
Solution
Corporate Retreat Professionals (CRP), an event planning company that specializes in corporate clients, is called Corporate Retreat Professionals. CRP will offer retreat training services and product launches event planning. The retreat training services include leadership development training and teaming skills training. CRP can help with both the planning and hosting of these types of retreats by partnering with one of its strategic business partners.
Market
The corporate market for event planning is steady and profitable. In some cases, large companies will have to make cuts in their training budgets due to economic downturns. But this is not true for all companies. These benchmark companies might reduce the workforce during downturns, but they don’t cut funding for training. They know that investing in human capital is always a wise investment. CRP intends to profit nicely from this. CRP will also be able to profit from product launches even during economic downturns. CRP will be able to capitalize on the ever-increasing demand for corporate event hosting/planning services.
Concurrence
In the past the purchasing patterns of large corporations were dictated by the availability of an in-house solution. This pattern is in decline as outsourcing has the potential to offer efficiency improvements.
Why Us?
Corporate Retreat professionals can help companies plan the most memorable events. Our goal is to keep customers coming back. All else will fall in line if we live by this maxim. Our services will surpass the expectations of customers.
Expectations
Financial Highlights by Year
Financing Needed
We will receive $50,000 as a gift from the founder and owner.
GlobeSpan Meeting Planners, Inc., (GlobeSpan), will be a company that specializes in representing meeting planners from all industries. They have more than 17 years of experience working with international and domestic meeting planners. GlobeSpan will let the founders use their experience working with hotel and resort managers around the globe to help them become meeting planners.
GlobeSpan Meeting Planners will be partnering with HelmsBriscoe – the industry’s largest and most respected meeting and conference resource company – thereby putting a full service operational division at GlobeSpan’’s disposal.
1.1 Mission
GlobeSpan Meeting Planners has the goal of being the top-producing member of the HelmsBriscoe conference planning alliance and providing high quality services to our clients. GlobeSpan offers a full meeting resource which includes rate and contract negotiation, hotel/resort searches, and on-site management. It also provides recommendations and complete event planning. GlobeSpan will be compensated by the hotels/resorts, and by the complete event planning/airline/cruise assistance offered by HelmsBriscoe’s Resource One at the rate of six percent of gross revenues generated, paid in commission. GlobeSpan offers a valuable and easy alternative to its clients as well as a flexible working environment with fair compensation for its founders.
Success keys 1.2
For success, we must achieve four key elements.
Client prospecting that is persistent and diligent.
We provide reliable, timely and cost-saving site searches that only show the hotels/resorts that best meet the client’s needs.
Maximizing revenue potential by offering all commission-based services provided by HelmsBriscoe’s Resource One, turning a program which would have been commission on hotel rooms only revenue into commission on complete program revenue (air, production/audiovisual, program planning).
Utilize the combined expertise of the owners to add value to the client.
1.3 Objectives
To book a gross commission of $30,000 before December 31, Year 1.
To receive a $120,000 gross commission by December 31, year 2.
To book a $284,000 gross sales commission by December 31, Year 3
To repay $50,000 of small business loans by July 1, Year 4.
Business Solutions Consulting, also known as BSC, is a consulting firm for start-ups that caters to the unique needs of businesses throughout all phases of the business lifecycle. BSC offers a balanced and high-quality service, thanks to its core team made up of highly skilled professionals.
The Company
Business Solutions Consulting is a team of six business consultants. Each consultant specializes within a particular area, including finance and marketing, technology and operations, as well as human resources and management.
BSC offers several services to help business owners depending on their needs. This includes preparation of business and marketing plans, financial search & procurement, IT consulting, management development, and human resource advising.
BSC will have a focus on start-up businesses, preferably in the earlier stages of operation. The majority of U.S. markets and international markets are dominated by small and medium-sized businesses. BSC values a close relationship with young businesses and will continue to foster that relationship for the long-term.
BSC will be established as an Oregon based LLC with two principal partners, each of whom owns a 50% share in the company. Mr. Andrew B. Christiansen has extensive experience in business planning and finance, including CFO positions with ABC Conglomerate and DEF International. David E. Fields is an expert in the areas of marketing, advertising, communications.
The Market
The business consulting industry can be very fragmented. Many large multinational companies dominate this industry, while smaller (and sometimes more specialized) businesses occupy their market niches. Major management consulting companies, such as McKinsey, Bain, and Boston Consulting Group, have established their dominant position by providing services to the leading companies in various industries. The Big Five accounting firms are known for their consulting practices (a.k.a. The Big Five, also known as the Big Five, have established a global presence and sell their products to companies of various sizes and industries. At the same, many firms and individual business advisors are successful in market niches larger players find difficult to enter.
This firm targets start-up businesses. BSC will keep an eye on new activity in the area. Additionally, business contacts, referrals from among the group, and Internet marketing efforts will be made in pursuit of new clients. These companies are very attractive as the owners rarely have the knowledge and expertise needed to launch a new venture. These types of services for start-up consultants are in huge demand.
BSC can offer many of its services through competitors that are in the forefront. These services include information-based consulting, integration and management services. The services are designed to enhance clients’s operations effectiveness through lower costs, better customer service, higher quality of current products and services, and faster introduction of new services and products. Competitors offer industry-specific experience to help you objectively evaluate, select and develop information systems, networks, or applications.
Consulting firms BSC is competing with include regional and specialty consulting firms, as well as the consulting groups of international accounting forms such as KPMG LLP, Ernst & Young LLP, Deloitte & Touche LLP, PricewaterhouseCoopers LLP, and Andersen Consulting. BSC competes against information system vendors like HBO & Company, Inc., Integrated Systems Solution Corporation, Electronic Data Systems Corporation, Perot Systems Corporation, SAIC, CAP Gemini America, Inc., as well as IT consultants such as BSC. BSC competes against both established and newer Internet service and product companies like Scient, TriZetto or Razorfish in ecommerce.
Financial
Andrew B. Christiansen, and David E. Fields will each contribute $50,000 to BSC’s start-up costs. The rest of the required financing will come from the Small Business Administration (SBA) 10-year loan in the amount of $100,000. These funds combined will be sufficient for the company to cover its expenses for the first one year of operation. This is the most crucial cash flow aspect.
BSC’#8217
The Breakeven Analysis calculates the average of all first-year sales, plus salaries and bonuses costs. The analysis shows that BSC is expected to break even in the tenth monthly of operations.
1.1 Mission
Business Solutions Consulting offers comprehensive consulting services. BSC will provide specialized and personal services that meet the needs of each client.
1.2 Keys of Success
BSC’#8217’s key to success is:
A group of professionals with a broad range of specialty areas that complement each other.
This specialty area requires a lot of experience.
A team approach on most consulting projects.
Many business contacts among the consultant group.
It is difficult to find time to organize events, parties, or other social activities due the pace of modern life. With the increasing number of people and incomes, the demand for this service is only going to increase.
Solution
Occasionsis open to all. They offer their expertise and products for helping customers plan events. The Party Packs are complete kits that make it easy to host a party, from the food and drinks to the decorations. The event planning software brings interactive event planning as close as their personal computer. Through these and other affordable products and services, Occasions aims to be the number one resource for any event.
Market
The market for event planners is broken down into many distinct segments. Individuals, as well as organizations, demand the services we provide. We break down the market segments into private and public organisations, as well as age groups, in order to give the most detailed information.
Competition
Occasions finds itself in a unique situation of competition. Occasions competes against conference centers, hotels with conference facilities, other event planners on a large and small scale, individuals within an organisation who are given the task of organizing events, and those who want to organize their own events. The benefits and drawbacks of each of our competitors as compared with the services we offer are hardly a match in quality and price.
Why Us
Occasions has a primary purpose to be a service-oriented business. However, we also offer products which can help customers plan their event. Our customers get our expertise and contacts to plan their perfect party at their perfect price.
Expectations
Forecast
These rates are provided for information. These rates will not impact the loan burden. Occasions is hit the most (but not nearly as badly as other service-based businesses) by the 24% tax rate, which is nearly a quarter of the total sales. These numbers will become more of a reference than influence as Occasions grows.
Financial Highlights per Year
You will need financing
The owners will contribute $25,000 toward startup costs and salaries in order to make this part-time supportive business a full-time one.
Portland Oregon has many people who need investment advice and estate planning assistance.
Solution
Grizzly Bear Financial Managers is a comprehensive financial planning and estate planning consultancy. Grizzly’’s services are extensive in terms of available products (mutual fund, equities and estate planning) as well as depth of research. Although it does cost Grizzly a lot to do extensive research into potential investments and other options for the client, this upfront cost will be negated by a long-lasting relationship that is likely to be built on earned respect.
Market
Grizzly Bear Financial Management will market their services to two groups: those who need investment advice and those who need estate planning assistance. These groups will be targeted via public seminars and networking events. Prospective clients will become long-term customers because of Grizzly’’s competitive advantage of in-depth research and thoroughness of its services.
Competition
Most often, consumers buy based on their network or the relationships they have with others. Because the financial planning industry is so crowded, it can be difficult to choose a service provider. Referring a planner is easy as most people who have been to a financial adviser at some point in their lives are older than you.
Why Us?
Grizzly Bear Financial Managers’#8217’ mission is providing comprehensive financial planning solutions for our clients. We exist to attract and maintain customers. When we adhere to this maxim, everything else will fall into place. Our services will surpass the expectations of customers.
Expectations
Forecast
Grizzly will reach profitability by month eight and will have modest profits by the end of year three.