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Free VC Directory

With any B-Plan Purchase
425 Page Capital Directory
Through June 30


Business Plan Writer
$425 Flat Rate
No Templates Used
7 Day Turnaround

All Purchased Plans
Are Updated for 2017

Read Our Reviews
All Plans Available on Amazon

Free Data Recovery Service Business Plan
For Raising Capital from Investors, Banks, or Grant Companies!

Please note that the financials in this complete free business plan are completely fictitious and may not match the text of the business plan below. This free business plan demonstration purposes only. If you are interested in purchasing the completed editable MS Word and Excel documents for this business plan, please click the button below! Also, the text of the business plan is formatted with a fully automated table of contents.



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It should be noted that there is no special software required to use these templates. All business plans come in Microsoft Word and Microsoft Excel format. Each business plan features:

  • Excecutive Summary
  • Company and Financing Summary
  • Products and Services Overview
  • Strategic Analysis with current research!
  • Marketing Plan
  • Personnel Plan
  • 3 Year Advanced Financial Plan
  • Expanded Financial Plan with Monthly Financials
  • FREE 30 Page Sample Private Placement Memorandum
  • FREE PowerPoint Presentation for Banks, Investors, or Grant Companies!

1.0 Executive Summary

The purpose of this business plan is to raise $100,000 for the development of a computer data recovery service while showcasing the expected financials and operations over the next three years. Data Recovery Service, Inc. (“the Company”) is a New York based corporation that will provide hard drive repair and data recovery to customers in its targeted market. The Company was founded by John Doe.

1.1 Products and Services

The primary revenue center for the Company is the ongoing sale of data recovery services to the business and general public. Data Recovery Service, Inc. generates extremely high gross margins from these services with prices ranging from $200 to $2,500 depending on the speed and complexity in which the recovery job needs to be completed. The business will earn ancillary revenues from sending and receiving hard drives from customers. The third section of the business plan will further describe the services offered by the Data Recovery Service, Inc.

1.2 The Financing

Mr. Doe is seeking to raise $100,000 from as a bank loan. The interest rate and loan agreement are to be further discussed during negotiation. This business plan assumes that the business will receive a 10 year loan with a 9% fixed interest rate. The financing will be used for the following: • Development of the Company’s Data Recovery Service Center location. • Financing for the first six months of operation. • FF&E. Mr. Doe will contribute $10,000 to the venture.

1.3 Mission Statement

The Data Recovery Service’s mission is to become the recognized leader in its targeted market for data recovery services.

1.4 Mangement Team

The Company was founded by John Doe. Mr. Doe has more than 10 years of experience in the computer repair industry. Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations.

1.5 Sales Forecasts

Mr. Doe expects a strong rate of growth at the start of operations. Below are the expected financials over the next three years.

1.6 Expansion Plan

The Founder expects that the business will aggressively expand during the first three years of operation. Mr. Doe intends to implement marketing campaigns that will effectively target individuals and businesses within the target market.

2.0 Company and Financing Summary

2.1 Registered Name and Corporate Structure

Data Recovery Service, Inc. The Company is registered as a corporation in the State of New York.

2.2 Required Funds

At this time, the Data Recovery Service requires $100,000 of debt funds. Below is a breakdown of how these funds will be used:

2.3 Investor Equity

Mr. Doe is not seeking an investment from a third party at this time.

2.4 Management Equity

John Doe owns 100% of the Data Recovery Service, Inc.

2.5 Exit Strategy

If the business is very successful, Mr. Doe may seek to sell the business to a third party for a significant earnings multiple. Most likely, the Company will hire a qualified business broker to sell the business on behalf of the Data Recovery Service. Based on historical numbers, the business could fetch a sales premium of up to 4 times earnings.

3.0 Products and Services

Below is a description of the services offered by the Data Recovery Service.

3.1 Data Recovery Services

As stated in the executive summary, the Company is actively engaged in providing data recovery services for hard drives, laptops, and desktop computers to the general public. With the capital infusion sought in this business plan, Data Recovery Service will be able to develop its operations to a national level basis by soliciting business via a number of sales channels (including online sales channels) while concurrently expanding its data recovery operations.

 

 

4.0 Strategic and Market Analysis

4.1 Economic Outlook

This section of the analysis will detail the economic climate, the data recovery industry, the customer profile, and the competition that the business will face as it progresses through its business operations. Currently, the economic market condition in the United States is in recession. This slowdown in the economy has also greatly impacted real estate sales, which has halted to historical lows. Many economists expect that this recession will continue through 2011, at which point the economy will begin a prolonged recovery period. However, data recovery services are required by individuals and businesses regardless of the general economic climate. This is especially true among businesses that maintain sensitive and mission critical files on their computer systems.

4.2 Industry Analysis

The direct retail sale of computer related services to the end user is a $500 billion dollar a year industry in the United States (this includes data recovery services). This growth rate for this industry has been tremendous over the last five years. Growth is expected to occur at a rate of 7% to 8% on an annual basis once normalized growth resumes in late 2010. The way that people and companies conduct business in this country has changed significantly over the last fifteen years. Virtually every business in the United States now uses some form of electronic technology. It is imperative that these companies remain at the highest point on the technology curve so that they can retain their competitive edge in their respective industry. Specifically, the data recovery industry generates approximately $4 billion per year of revenue while employing approximately 35,000 people. This industry has experienced extremely sharp growth over the last decade as more and more people/businesses have integrated computers and networks into their business and personal lives. However, this industry is beginning to enter maturing, and the Company expects that the average growth rate for the industry at large will remain at 3% to 5% per year during the next five years.

4.3 Customer Profile

As any individual or business that uses data storage (hard drives, RAID systems, etc.) may have an issue with these systems, it is difficult to determine the average client of Data Recovery Services, Inc. However, Management has developed the following demographic profile of the individual and business customers that frequently use the Company’s services.

4.4 Competitive Analysis

This is one of the sections of the business plan that you must write completely on your own. The key to writing a strong competitive analysis is that you do your research on the local competition. Find out who your competitors are by searching online directories and searching in your local Yellow Pages. If there are a number of competitors in the same industry (meaning that it is not feasible to describe each one) then showcase the number of businesses that compete with you, and why your business will provide customers with service/products that are of better quality or less expensive than your competition.

5.0 Marketing Plan

The Data Recovery Service intends to maintain an extensive marketing campaign that will ensure maximum visibility for the business in its targeted market. Below is an overview of the marketing strategies and objectives of the Data Recovery Service.

5.1 Marketing Objectives

  • • Establish relationships with local computer repair shops within the targeted market.

  • • Implement a local campaign with the Company’s targeted market via the use of flyers, local newspaper advertisements, and word of mouth.

  • • Develop an online presence by developing a website and placing the Company’s name and contact information with online directories.

5.2 Marketing Strategies

Mr. Doe intends on using a number of marketing strategies that will allow Data Recovery Service to easily home computer users and businesses within the target market. These strategies include traditional print advertisements and ads placed on search engines on the Internet. Below is a description of how the business intends to market its services to the general public. The Data Recovery Service will also use an internet based strategy. This is very important as many people seeking local services, such as data recovery services and computer repair services, now the Internet to conduct their preliminary searches. Mr. Doe will register the Data Recovery Service with online portals so that potential customers can easily reach the business. The Company will also develop its own online website, which will allow the business to operate on a nationwide basis. The Company will maintain ongoing relationships with computer repair services locally and on a national level so that complex hard drive repairs can be outsourced to the Data Recovery Service.

5.3 Pricing

In this section, describe the pricing of your services and products. You should provide as much information as possible about your pricing as possible in this section. However, if you have hundreds of items, condense your product list categorically. This section of the business plan should not span more than 1 page.

6.0 Organizational Plan and Personnel Summary

6.1 Corporate Organization

6.2 Organizational Budget



6.3 Management Biographies

In this section of the business plan, you should write a two to four paragraph biography about your work experience, your education, and your skill set. For each owner or key employee, you should provide a brief biography in this section.

7.0 Financial Plan

7.1 Underlying Assumptions

  • • The Data Recovery Service will have an annual revenue growth rate of 16% per year.

  • • The Owner will acquire $100,000 of debt funds to develop the business.

  • • The loan will have a 10 year term with a 9% interest rate.

7.2 Sensitivity Analysis

In the event of an economic downturn, the business may have a decline in its revenues. However, the demand for data recovery services among both home users and businesses will remain strong as anytime a hard drive breaks (that contains important information), a technician must be involved to fix it.

7.3 Source of Funds


7.4 General Assumptions

7.5 Profit and Loss Statements 

7.6 Cash Flow Analysis

 

7.7 Balance Sheet

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7.8 General Assumptions

7.9 Business Ratios

Expanded Profit and Loss Statements

Expanded Cash Flow Analysis