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
• Loan Amortization and ROI Tools
• 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 property repossession company while showcasing the expected financials and operations over the next three years. The Repo Company, Inc. (“the Company”) is a New York based corporation that will repossession of vehicles and other assets on behalf of banks and financing companies. The Company was founded in 2009 by John Doe.

1.1 Products and Services

As stated above, the Repo Company will be actively engaged in reacquiring vehicles and other assets from debtors who have fallen behind on payments for their financed purchases. An overwhelming amount of the Company’s work will be focused towards the repossession of vehicles on behalf of banks, automotive loan companies, and car dealerships within the target market. The Company will charge a fee of $200 to $250 depending on the size of the vehicle and the time required to repossess the car. The third section of the business plan will further describe the services offered by the Repo 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.

1.3 Mission Statement

The Repo Company’s mission is to become the recognized local leader in its targeted market for providing peaceful repossession services on behalf of banks and other lenders.

1.4 Mangement Team

The Company was founded by John Doe. Mr. Doe has more than 10 years of experience in the repossession 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 lending companies with substantial repossession needs within the target market.

2.0 Company and Financing Summary

2.1 Registered Name and Corporate Structure

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

2.2 Required Funds

At this time, the Repo 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 Repo 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 Repo Company. Based on historical numbers, the business could fetch a sales premium of up to 4 times earnings.

3.0 Products and Services

The primary revenue center for the business will come from the repossession of vehicles on behalf of local banks, finance companies, and collection agencies that are seeking to reacquire vehicles (and from time to time, other merchandise) that has been financed. The debtors who are subject to repossession will have missed several payments for their vehicles (or other items), and as such, are now subject to having their vehicles/property repossessed. For each repossession, Management will ensure that its repossession specialists remain within the letter of the law regarding all reacquisition of property. The Company’s employees will be instructed to obtain the vehicles while the debtor is at work or while the vehicle is outside of the person’s home. Most state laws do not allow repossession agents the right to enter into a person’s home in order to reclaim property. Mr. Doe is currently developing a stringent protocol guide that employees will use when repossessing a vehicle. Points within this manual will stress that the repossession be completed in a peaceful manner, and that all repossession specialists verify vehicle identification numbers (VIN) before reacquiring the vehicle.

4.0 Strategic and Market Analysis

4.1 Economic Outlook

This section of the analysis will detail the economic climate, the repossession 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 until mid-2009, at which point the economy will begin a prolonged recovery period. However, repossession companies operate with a great deal of economic stability as during deleterious economic conditions many people fall behind on payments due on vehicles and other property. Additionally, the current credit crisis has caused an all time record in financing delinquencies, and the Repo Company should have no issues with generating top line income as it begins its operations.

4.2 Industry Analysis

Within the United States, there are more than 5,000 companies that specialize in the repossession of vehicles and personal property. In each of the last five years, the industry has aggregate generated $1 billion of revenue while providing jobs for almost 20,000 people. Payrolls in each of the last five years have exceeded $2 billion. Currently, this industry is booming as many people have continued to default on automotive and personal loans over the last two years. This trend of explosive growth is expected to continue for at least another 12 to 18 months as the credit markets complete their correction. As stated above, repossession companies are typically immune from negative economic changes, and once the economy begins to expand again, there will always be a group of people that are not current on their bills.

4.3 Customer Profile

The Company’s client base will consist of banks, automotive finance companies, credit collection agencies, and other lenders that are seeking to reacquire financed vehicles and property. As such, it is difficult to determine the exact profile of clients that will use the Company’s services as they will range from large banks to small local automotive finance companies. However, the common trait among these clients will be that they hold title to financed vehicles which are now in the collections process. The Company will not perform repossessions for individuals that have financed purchases during private automotive sales.

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

Repo Company, Inc. 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 Company.

5.1 Marketing Objectives

• • Establish relationships with banks, collection agencies, automotive finance companies, and related lending businesses within the target market.

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

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5.2 Marketing Strategies

The marketing campaign that Mr. Doe will use from the onset of operations will be minimal as he must only develop ongoing referral/repossession assignment relationships with three to four lending institutions in order to generate the revenues anticipated in this business plan. Prior to launching the operations of the business, Mr. Doe will develop a sales literature packet that will showcase the Company’s services, its licensure to perform repossession services, the fees associated with these services, and how to contact the Company. These sales literature packets will be distributed to managers of local banks and bank branches as well as car dealerships, lending companies, and related lending businesses within the local market. Mr. Doe will also directly contact credit managers, collections managers, and general managers (of car dealerships with financing programs) to generate client relationships. Mr. Doe will also seek to develop ongoing relationships with other repossession companies that have an overload of work. These relationships will be important at the onset of operations as Mr. Doe expects that these firms will use the Repo Company’s services in a subcontracted capacity. This will ensure that the business generates revenues immediately.

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

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

• • Repo Company. Inc. will have an annual revenue growth rate of 10% 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

As discussed in the fifth section of the business plan, the Company’s revenues will actually increase during times of economic recession or pullback as more people fall behind on payments due on vehicles and other property. As such, there is very little risk associated with the Company’s ability to generate top line income. Even in times of economic prosperity, there will be a number of people that do not properly pay their bills and will have their vehicles/property repossessed.

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