2. Executive Summary
The name of my business is simply Business Solutions. The name states my main purpose for
a business and that is to help entrepreneurs with startup information and help existing
businesses find solutions and fresh ideas on how to manage their business better.
It is located San Antonio, TX. San Antonio is growing rapidly and also attracting a large
number of entrepreneurs. According to an article in Forbes magazine, 90% of startups fail. I
decided to make a difference in the business world with startups by answering the question,
why startups fail.
Some of the reasons include, entrepreneurs becoming so focused on their product or service
they lose perspective on the big picture, finding a problem to solve, running out of cash,
inventing concepts not complete products or services, not building a strong enough team, and
not setting up a proper strategy or game plan for the present and the future. Lets start with a
sound Business Plan and fresh marketing ideas!
3. Mission Statement
To serve our clients by providing quality and professional services and ensure
their business concerns are handled effectively and efficiently. To deliver
superior service and assist with startup information that will help our client
begin their business endeavors with confidence and stability.
4. Vision
Values
To be the most efficient and respected consulting firm recognized by our
clients for delivering excellence.
Pursuit of Excellence- We strive every day to exceed the expectations of our
people and our clients.
Accountability- We take responsibility for actions
Integrity- We do the right thing regardless of the cost
5. SWOT ANALYSIS
THREATS
Competitors in many areas for Consultants
Some licensing maybe needed or certifications
OPPORTUNITES
A strong professional network can increase
opportunities
Startup cost can be minimized by using a home
office to start.
6. Financial Plan
Cost Projected Income Possible Profits
Software
Supplies
Marketing
Business Plans
Consultations
2 - BP a week
2 daily - 2 hour consultations
$1,000
$1,500.00 *$500.00 down
$50 per hr.
weekly from BP $3,000
weekly from Consultant $500.00
7. Contingency Plan
The belief of Brown’s Business Solutions is every business deserves a solid start up to
be successful. That’s why the focus of BBS is on a strong Business Plan and to
explore each area of the business for a secure start. BBS also believes there is a great
business idea in every person. BBS is equipped to help every entrepreneur fulfill that
dream. It is also important to note that as the business grows and technology changes,
the mission and vision statement will also change as needed.
Areas of Growth include:
Grant preparation
Contract Consultant
8. Environmental Scan
An environmental scan is used to provide the core information and data
needed to have an effective strategic plan.
Business Solutions is a veteran owned company that has been in existence part
time for over ten years assisting clients with basic startup information, while
assisting existing small business with improving and streamlining their business.
9. Marketing Plan
1 March Webpage, Facebook, LinkedIn, Craigslist
15 March Networking Event (Claude Black Center)
1 April Mail outs, emails
15 April Opening day celebration
1 May Start
10. Conclusion
In conclusion, deciding to start a business is a huge undertaking and is not for
the weak at heart. Entrepreneurs have to ensure they do not rely on their
passion for their service or product alone to become a successful business. It is
imperative to do the research and spend the time and money on the startup to
provide the businesses with a solid foundation and also ensure the best chance
for success.
11. References
Business Dictionary.com. (2015). Retrieved from
http://www.businessdictionary.com/definition/innovation.html
Pearce, J.A., & Robinson, R. B. (2013) Strategic Management: Planning for Domestic
& Global Competition, (13th ed.) New York, NY: McGraw Hill