In: Operations Management
You are to post an example of a business plan you developed for the development or purchase of a business.
Select a plan that you are most proud, and would wish to share with potential employers and others as a testament to the quality of your work, as well as the skills you offer their organizations.
Recommended sections are as follows: - Executive Summary - Mission, Vision, and Culture - Company Summary - Market Analysis Summary - Strategies and Implementation Summary - Management and Operations Summary - Financial Plan - Funding Request and Exit Strategy - Appendices
Interested Business:Educational service to K10~K12 students.
Executive Summary: My keen interest in the education service to students I order to provide the quality education to these students. Nowdays quality in education system is highly deteriorated and I would like to develop a new organization which will engage in providing high quality education services to students, so that they can frame their future better. We would like to have the coaching classes programs from K-10 to K-12 sections, where we would lie to teach students in details for their subjects. We would like to keep enough time for student preparation. The pricing will be in the range of $50K/students/ year. We are targeting to collect initially around 500 students, which will tentative results us in $25000K. This looks to be a good financial forecasting for the firm. The infrastructure investment will be around $10K/year.
Vision: WE would like to unleash the power of knowledge to students.
Mission: Help the students by providing high quality education for their career aspiration.
Culture: The culture of the education service organization will be very positive and highly motivating environment for students. Faculties will be highly motivated to teach students for their future career aspects.
Market Analysis Summary: The market has high demand for quality education; parents are searching for quality education location. The demand is especially in the section of K10 to K12 segment. Students are searching quality faculties, but they are not getting quality faculties and no one is teaching with interest to students.
Strategies and Implementation strategies: We are planning to keep the good infrastructure for the business, and will be carrying out marketing and branding for this education business well in advance. The students will be offered quality education. We will drive to keep quality education in the organization.
Management and operation strategies: the management will be carried out by the management team and will be supported by the operating team of arranging faculties and organizing classes as per schedules. Overall it will be well managed show for students.
Financial Plan/budgeting: the finance for the project has already planed a loan of $200K for initial infrastructure investment for the project. Rest financial management will be managed by the investors of the project.
Exit Strategy: Incase the project major failure, we will plan for the exit from the project will clearing all the dues and funds back to investors and banks.