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 writing company while showcasing the expected financials and operations over the next three years. Word Processing Service, Inc. (“the Company”) is a New York based corporation that will provide word processing and article 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 word processing and specialized writing for businesses within the general public within the New York metropolitan area. The business will generate revenues, on a per hour basis, for word processing and writing services. The Company will generate revenues on a secondary basis from fees related to sending files and printing processed documents. The third section of the business plan will further describe the services offered by the Word Processing Service.

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 Word Processing Service’s mission is to become the recognized leader in its targeted market for word processing and writing.

1.4 Mangement Team

The Company was founded by John Doe. Mr. Doe has more than 10 years of experience in the publishing 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

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

2.2 Required Funds

At this time, the Word Processing Service 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 Word Processing 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 Word Processing 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 Word Processing Service.

3.1 Writing Services

The Company will generate its primary streams of revenue through the ongoing preparation of documents for any industry. Management anticipates that the Company will charge $50 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 word processing and writing 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 specialized writing and word processing industry is a highly fragmented group of individual practitioners, small firms, and large publishing 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 outsourced word processing services is expected to increase as the demand among companies that want to reduce their personnel overhead costs will be reduced substantially.

4.3 Customer Profile

By acting in a multifaceted writing and word processing capacity, the Company will be able to instruct and guide small businesses and corporate clients based on their specific 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.

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 Word Processing 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 Word Processing Service.

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 Word Processing Service 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 Word Processing Service will also use an internet based strategy. This is very important as many people seeking specialized writing and word processing services now the Internet to conduct their preliminary searches. Mr. Doe will register the Word Processing Service with online portals so that potential customers can easily reach the business. The Company will maintain a sizable amount of print and traditional advertising methods among business journals within local markets to promote the writing and word processing services that the Company is selling.

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

• • The Word Processing Service 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 writing and word processing services are typically in demand despite difficult economic climates as small and medium sized businesses seek to reduce overhead costs. Additionally, the very high margin revenues generated from per hour 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