The bodyguard business plan can be written for a single individual doing business as a professional bodyguard or a small firm that hires out several individuals trained in personal protection. For a freelancer or one-man shop, the business plan won't require a personnel plan, but it still needs a comprehensive financial pro forma with researched assumptions and a believable growth rate, break-event point, and Year 3 net profit percentage. The bank you present the business plan at will need to see that you can fulfill your debt obligations on schedule, so make sure you've factored in the right amount of principle and the correct interest rate you will be charged. From there, the business plan for a bodyguard needs to have some text-based sections that explain what you do, how big the business can be, and how you'll get clients. Answer these:
• How would you define the service suite?
• What sort of people will you target for your protection contracts?
• Can you define the risks and liabilities in this line of work?
• What are the insurance and other fees likely to be?
• What are your total ongoing (monthly) costs?
Whether you intend to go after high-net worth individuals (NHWIs), Hollywood types, business executives, or athletes, your plan needs to show at least some basic statistics about this population base and their commonalities/needs. The industry analysis can discuss primarily the personal protection market or the commercial security sector, just make sure that you're presenting current data and that your projected revenues make sense vis-Ã -vis the larger picture you're painting in the business plan. You should be able to list out the methods you'll use to generate new work, whether those are all non-traditional marketing like strict referrals or you intend to have print ads, a website, and so forth. MasterPlans can help you piece it all together. Our team of business plan writing experts has what it takes to deliver a great business plan draft for you in as little as 5-7 days. Call us about your bodyguard business plan today at 877-453-2011 (toll-free in the U.S.).
