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Strategic Analysis with current research! The Company was founded by John Doe. At all times, the business will comply with all state and federal laws regarding the serving of official legal documents.
At no time will an employee violate these laws especially as they relate to trespassing. The third section of the business plan will further describe the services offered by the Process Server, Inc.
The interest rate and loan agreement are to be further discussed during negotiation. The financing will be used for the following: Doe has more than 10 years of experience in the paralegal and legal support industry.
Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations. Doe expects a strong rate of growth at the start of operations. Below are the expected financials over the next three years. Doe intends to implement marketing campaigns that will effectively target law firms that have process serving needs within the target market.
The Company is registered as a corporation in the State of New York. Below is a breakdown of how these funds will be used: Doe is not seeking an investment from a third party at this time. 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 Process Server. Based on historical numbers, the business could fetch a sales premium of up to 4 times earnings.
The business is currently in the process of receiving its appropriate licensure to act as a process serving business within the State of New York.
Doe is also developing a number of protocols and procedures that ensure that process servers comply with all laws regarding the serving of government issued and court issued documents. Currently, the economic market condition in the United States is moderate.
The meltdown of the sub prime mortgage market coupled with increasing gas prices has led many people to believe that the US is on the cusp of a double dip economic recession. This slowdown in the economy has also greatly impacted real estate sales, which has halted to historical lows.
However, Process Server, Inc. This is a mature industry, and the future expected growth rate is anticipated to remain on par with that of the general economy.
Again, this industry is relatively immune from negative changes in the economy. Common traits among clients will include: 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.
Below is an overview of the marketing strategies and objectives of the Process Server. Doe intends on using a number of marketing strategies that will allow Process Server to easily the demographics discussed in the fifth section of the business plan within the target market.QUESTION ON Starting a Greeting Card Business.
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