Free Grant Search Company 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.
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 $50,000 for the development of a grant search company while showcasing the expected financials and operations over the next three years. Grant Search Company, Inc. (“the Company”) is a New York based corporation that will provide grant searches and grant writing to small and medium sized businesses in its targeted market. The Company was founded by John Doe.
1.1 Products and Services
The Company will specialize in providing searches for business and personal grants to the general public within the New York metropolitan area. The Company will generate revenues primarily from the success fees from acquiring grants on behalf of individuals and businesses. The average success fee will be equal to 5% of the total amount of the secured grant. The business will also generate revenues, on a per hour basis, for the development of grant applications and documentation related to acquiring business grants and personal grants. The third section of the business plan will further describe the services offered by the Grant Search Company.
1.2 The Financing
Mr. Doe is seeking to raise $50,000 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 office location. • Financing for the first six months of operation. • Capital to purchase computer and technology equipment. Mr. Doe will contribute $10,000 to the venture.
1.3 Mission Statement
The Grant Search Company’s mission is to become the recognized leader in its targeted market for grant search services.
1.4 Mangement Team
The Company was founded by John Doe. Mr. Doe has more than 10 years of experience in the grant 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 small and medium sized businesses as well as individuals within the target market.
2.0 Company and Financing Summary
2.1 Registered Name and Corporate Structure
Grant Search Company, Inc. The Company is registered as a corporation in the State of New York.
2.2 Required Funds
At this time, the Grant Search Company requires $50,000 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 Grant Search Company, 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 Grant Search Company. 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 Grant Search Company.
3.1 Grant Search Services
The primary revenue center for the business will come from grant searches and grant placement. For each successfully placed grant, the business will receive a fee of approximately 5% of the total funds secured. The business will not charge upfront fees for service unless the business is also providing grant writing services for its clients.
3.2 Grant Writing Services
In addition to performing grant searches, the business will generate secondary streams of revenue through the ongoing preparation of documents as it relates to grant searches. Management anticipates that the Company will charge $50 to $100 per hour for these services.
4.0 Strategic and Market Analysis
4.1 Economic Outlook
This section of the analysis will detail the economic climate, the grant search consulting 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 finalizing with sluggish growth, at which point the economy will begin a prolonged recovery period.
4.2 Industry Analysis
The grant search and consulting industry is a highly fragmented group of individual practitioners, small firms, and large auditing institutions. There are over 621,000 consulting in the United States. The industry generates over $38 billion dollars a year, and employs over 390,000 Americans. The demand for grant search and related services is expected to increase as the demand among individuals for federal, state, and private agency grants will expand as Congress creates new programs to develop the struggling US economy.
4.3 Customer Profile
By acting in a multifaceted grant search and grant writing capacity, the Company will be able to instruct and guide small businesses and corporate clients based on their specific grant needs. Below is a demographic profile of the businesses that Management will continue to target as potential clientele: Businesses • Is a privately owned business • Has less than $1,000,000 per year of revenue • Has EBITDA of $50,000 to $250,000 per year. In this section of the analysis, you should describe the type of customer you are seeking to acquire. These traits include income size, type of business/occupation; how far away from your business is to your customer, and what the customer is looking for. In this section, you can also put demographic information about your target market including population size, income demographics, level of education, etc.
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 Grant Search Company 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 Grant Search Company.
5.1 Marketing Objectives
• Establish relationships with other business consultants within the targeted market.
• Implement a local campaign with the Company’s targeted market via the use of 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 the Grant Search Company to easily target small and medium sized businesses (as well as individuals) within the 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 Grant Search Company will also use an internet based strategy. This is very important as many people seeking specialized consulting services now the Internet to conduct their preliminary searches. Mr. Doe will register the Grant Search Company with online portals so that potential customers can easily reach the business. The Company will also develop its own online website which will showcase the firm’s grant writing and search consultants, their educational/experience backgrounds, the Company’s preliminary fee structure, and the Grant Search Company’s ability to render services. The Company will maintain a sizable amount of print and traditional advertising methods among business journals within local markets to promote the grant search services that the Company is selling.
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 Grant Search Company will have an annual revenue growth rate of 16% per year.
• The Owner will acquire $50,000 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, specialized grant search and related consulting services are typically in demand despite difficult economic climates as small and medium sized businesses seek grants. Additionally, the very high margin revenues generated from per hour fees and grant placement fees will ensure that the business can continually satisfy its debt obligations despite declines in top line income.
7.3 Source of Funds
7.4 General Assumptions
7.5 Profit and Loss Statements
7.6 Cash Flow Analysis
7.7 Balance Sheet
7.8 General Assumptions
7.9 Business Ratios
Expanded Profit and Loss Statements
Expanded Cash Flow Analysis