Need a business plan for educational services? This document is typically presented to a municipal board that determines funding for education though sometimes a benevolent investor who sees an opportunity in education will also emerge as a backer. No matter who your intended audience is, the plan you will need should accomplish a couple core objectives -- one, showing that the opportunity can be a profitable one; and two, demonstrating how this service suite will lead to strong sales in the market in which you plan to operate. The plan should answer these questions:
• What is the precise service suite you envision offering?
• What amount of capital are you seeking?
• When do you plan to reach a break-even point?
• Who is on your executive team?
• What will your personnel plan look like?
The personnel plan should detail who gets hired and when, as well as what salary they will start at. You should use salary.com or competitive comparables to pin down the opening wage, and apply at least a five percent growth rate to the salaries paid over the life of the model. Your plan should also identify your major competitors and outline their strengths and weaknesses. The document should also show how you plan to market the service suite and what you envision being the growth trajectory over 3-5 years. Call MasterPlans if you need help. We have worked with many educational providers and can get a great plan together for you in as little as 10 days. 877-453-2011
