Business Consulting Business Plan

START YOUR OWN BUSINESS PLAN

Rate this plan
(3.7/5, 15 votes)

You've landed in the middle of a sample plan! Jump to the beginning

Company Summary

Growth Management and Strategies was established as a C corporation. The company's headquarters are located in Boston, MA, near Copely Place. The company was established as a result of the efforts of its owner, Bill Dawson, and his experience in leading small businesses into prolonged periods of growth and innovation. Dawson worked for McKinsey before being hired away to Bain and Company. A Harvard graduate, Dawson spent hundreds of hours each week for nearly a year, slowly building the company to where it is now.

The company has had numerous successes this year, including one client that was purchased by a major multinational conglomerate, and another that experienced product sales growth of over 700% the first year.

2.1 Start-up Summary

This start-up summary table lists all the costs associated with establishing a lease, purchasing office equipment, and pulling together the other resources necessary to get the business off the ground. Furniture, LAN lines, and additional technology purchases are a must in order to properly communicate with clients, and to establish a website.

Other services included in the start-up summary are legal consulting fees, kept to a minimum thanks to resources provided by Nolo. Incorporation fees are included in the legal fees line item.

The free cash flow (cash balance) appearing in this start-up table is high relative to other small consulting businesses of its size. The owner is preoccupied with maintaining positive cash flow, and is risk averse enough to understand that during months in which contracts are not available, the corporation must sustain itself.  With this said, planned debt leverage is low, therefore risk to the lender is relatively low as well.

Start-up
Requirements
Start-up Expenses
Legal (Incorporation, Books) $350
Stationery, Basic Office Supplies, etc. $300
Collateral Materials (Printing and Design) $1,500
LAN, Wireless Network Setup $550
Business and Liability Insurance $250
Lease Deposit and First Month $5,400
Market Research Data $1,250
Website Hosting $100
Computer, Printer, other Expensed Equip. $4,500
Total Start-up Expenses $14,200
Start-up Assets
Cash Required $45,800
Other Current Assets $0
Long-term Assets $0
Total Assets $45,800
Total Requirements $60,000
Start-up Funding
Start-up Expenses to Fund $14,200
Start-up Assets to Fund $45,800
Total Funding Required $60,000
Assets
Non-cash Assets from Start-up $0
Cash Requirements from Start-up $45,800
Additional Cash Raised $0
Cash Balance on Starting Date $45,800
Total Assets $45,800
Liabilities and Capital
Liabilities
Current Borrowing $0
Long-term Liabilities $25,000
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $25,000
Capital
Planned Investment
Dawson $35,000
Other $0
Additional Investment Requirement $0
Total Planned Investment $35,000
Loss at Start-up (Start-up Expenses) ($14,200)
Total Capital $20,800
Total Capital and Liabilities $45,800
Total Funding $60,000

2.2 Company Ownership

Growth Management and Strategies is wholly owned by Bill Dawson, and is classified as an LLC.