training centre business plan pdf

How to write a business plan for a training center?

Writing a business plan for a training center can be an intimidating task, especially for those just starting.

This in-depth guide is designed to help entrepreneurs like you understand how to create a comprehensive business plan so that you can approach the exercise with method and confidence.

We'll cover: why writing a training center business plan is so important - both when starting up, and when running and growing the business - what information you need to include in your plan, how it should be structured, and what tools you can use to get the job done efficiently.

Let's get started!

In this guide:

Why write a business plan for a training center?

What information is needed to create a business plan for a training center.

• What goes in the financial forecast for a training center?
• What goes in the written part of a training center business plan?
• What tool can I use to write my training center business plan?

Being clear on the scope and goals of the document will make it easier to understand its structure and content. So before diving into the actual content of the plan, let's have a quick look at the main reasons why you would want to write a training center business plan in the first place.

To have a clear roadmap to grow the business

It's rarely business as usual for small businesses. The economy follows cycles where years of growth are followed by recessions, and the business environment is always changing with new technologies, new regulations, new competitors, and new consumer behaviours appearing all the time...

In this context, running a business without a clear roadmap is like driving blindfolded: it's dangerous at best. That's why writing a business plan for a training center is essential to create successful and sustainable businesses.

To write an effective business plan, you will need to take stock of where you are (if you are already in business) and where you want the business to go in the next three to five years.

Once you know where you want your training center to be, you'll have to identify:

• what resources (human, equipment, and capital) are needed to get there,
• at what pace the business needs to progress to get there in time,
• and what risks you'll face along the way.

Going through this process regularly is beneficial, both for startups and existing companies, as it helps make informed decisions about how best to allocate resources to ensure the long-term success of the business.

To anticipate future cash flows

Regularly comparing your actual financial performance to the projections in the financial forecast of your training center's business plan gives you the ability to monitor your business's financial health and make necessary adjustments as needed.

This practice allows you to detect potential financial issues, such as unexpected cash shortfalls before they escalate into major problems. Giving you time to find additional financing or put in place corrective measures.

Additionally, it helps you identify growth opportunities, like excess cash flow that could be allocated to launch new products and services or expand into new markets.

Staying on track with these regular comparisons enables you to make well-informed decisions about the amount of financing your business might require, or the excess cash flow you can expect to generate from your main business activities.

To secure financing

Crafting a comprehensive business plan for your training center, whether you're starting up or already established, is paramount when you're seeking financing from banks or investors.

Given how fragile small businesses are, financiers will want to ensure that you have a clear roadmap in place as well as command and control of your future cash flows before entertaining the idea of funding you.

For banks, the information in your business plan will be used to assess your borrowing capacity - which is defined as the maximum amount of debt your business can afford alongside your ability to repay the loan. This evaluation helps them decide whether to extend credit to your business and under what terms (interest rate, duration, repayment options, collateral, etc.).

Similarly, investors will thoroughly review your plan to determine if their investment can yield an attractive return. They'll be looking for evidence that your training center has the potential for healthy growth, profitability, and consistent cash flow generation over time.

Now that you understand the importance of creating a business plan for your training center, let's delve into the necessary information needed to craft an effective plan.

Writing a training center business plan requires research so that you can project sales, investments and cost accurately in your financial forecast.

In this section, we cover three key pieces of information you should gather before drafting your business plan!

Carrying out market research for a training center

Carrying out market research before writing a business plan for a training center is essential to ensure that the financial projections are accurate and realistic.

Market research helps you gain insight into your target customer base, competitors, pricing strategies and other key factors which can have an impact on the commercial success of your business.

In particular, it is useful in forecasting revenue as it provides valuable data regarding potential customers’ spending habits and preferences.

You may discover that your training center could benefit from offering more remote courses, as people may be more likely to take classes from the comfort of their own homes. Additionally, market research might indicate that people might be more likely to take classes that are shorter in duration, as they may prefer a quick and effective way of learning.

This information can then be used to create more accurate financial projections which will help investors make informed decisions about investing in your training center.

Developing the sales and marketing plan for a training center

As you embark on creating your training center business plan, it is crucial to budget sales and marketing expenses beforehand.

A well-defined sales and marketing plan should include precise projections of the actions required to acquire and retain customers. It will also outline the necessary workforce to execute these initiatives and the budget required for promotions, advertising, and other marketing efforts.

This approach ensures that the appropriate amount of resources is allocated to these activities, aligning with the sales and growth objectives outlined in your business plan.

The staffing and equipment needs of a training center

As you embark on starting or expanding your training center, having a clear plan for recruitment and capital expenditures (investment in equipment and real estate) is essential for ensuring your business's success.

Both the recruitment and investment plans must align with the timing and level of growth projected in your forecast, and they require appropriate funding.

The staffing costs for a training center might include wages for instructors, administrative staff, and support personnel such as janitors and IT staff. The equipment costs might include computers, projectors, and other audiovisual equipment, as well as furniture, office supplies, and other items needed to run the training center.

To create a realistic financial forecast, you also need to consider other operating expenses associated with the day-to-day running of your business, such as insurance and bookkeeping.

With all the necessary information at hand, you are ready to begin crafting your business plan and developing your financial forecast.

What goes into your training center's financial forecast?

The objective of the financial forecast of your training center's business plan is to show the growth, profitability, funding requirements, and cash generation potential of your business over the next 3 to 5 years.

The four key outputs of a financial forecast for a training center are:

• The profit and loss (P&L) statement ,
• The projected balance sheet ,
• The cash flow forecast ,
• And the sources and uses table .

Let's look at each of these in a bit more detail.

The projected P&L statement

The projected P&L statement for a training center shows how much revenue and profits your business is expected to generate in the future.

Ideally, your training center's P&L statement should show:

• Healthy growth - above inflation level
• Improving or stable profit margins
• Positive net profit

Expectations will vary based on the stage of your business. A startup will be expected to grow faster than an established training center. And similarly, an established company should showcase a higher level of profitability than a new venture.

The projected balance sheet of your training center

The balance sheet for a training center is a financial document that provides a snapshot of your business’s financial health at a given point in time.

It shows three main components: assets, liabilities and equity:

• Assets: are resources owned by the business, such as cash, equipment, and accounts receivable (money owed by clients).
• Liabilities: are debts owed to creditors and other entities, such as accounts payable (money owed to suppliers) and loans.
• Equity: includes the sums invested by the shareholders or business owners and the cumulative profits and losses of the business to date (called retained earnings). It is a proxy for the value of the owner's stake in the business.

Examining the balance sheet is important for lenders, investors, or other stakeholders who are interested in assessing your training center's liquidity and solvency:

• Liquidity: assesses whether or not your business has sufficient cash and short-term assets to honour its liabilities due over the next 12 months. It is a short-term focus.
• Solvency: assesses whether or not your business has the capacity to repay its debt over the medium-term.

Looking at the balance sheet can also provide insights into your training center's investment and financing policies.

In particular, stakeholders can compare the value of equity to the value of the outstanding financial debt to assess how the business is funded and what level of financial risk has been taken by the owners (financial debt is riskier because it has to be repaid, while equity doesn't need to be repaid).

The projected cash flow statement

A cash flow forecast for a training center shows how much cash the business is projected to generate or consume.

The cash flow statement is divided into 3 main areas:

• The operating cash flow shows how much cash is generated or consumed by the operations (running the business)
• The investing cash flow shows how much cash is being invested in capital expenditure (equipment, real estate, etc.)
• The financing cash flow shows how much cash is raised or distributed to investors and lenders

Looking at the cash flow forecast helps you to ensure that your business has enough cash to keep running, and can help you anticipate potential cash shortfalls.

It is also a best practice to include a monthly cash flow statement in the appendices of your training center business plan so that the readers can view the impact of seasonality on your business cash position and generation.

The initial financing plan

The initial financing plan - also called a sources and uses table - is an important tool when starting a training center.

It shows where the money needed to set up the business will come from (sources) and how it will be allocated (uses).

Having this table helps understand what costs are involved in setting up the training center, how the risks are distributed between the shareholders and the lenders, and what will be the starting cash position (which needs to be sufficient to sustain operations until the business breaks even).

Now that the financial forecast of a training center business plan is understood, let's focus on what goes into the written part of the plan.

The written part of a training center business plan

The written part of the business plan is where you will explain what your business does and how it operates, what your target market is, whom you compete against, and what strategy you will put in place to seize the commercial opportunity you've identified.

Having this context is key for the reader to form a view on whether or not they believe that your plan is achievable and the numbers in your forecast realistic.

The written part of a training center business plan is composed of 7 main sections:

• The executive summary
• The presentation of the company
• The products and services
• The market analysis
• The strategy
• The operations
• The financial plan

Let's go through the content of each section in more detail!

1. The executive summary

In your training center's business plan, the first section is the executive summary — a captivating overview of your plan that aims to pique the reader's interest and leave them eager to learn more about your business.

When crafting the executive summary, start with an introduction to your business, including its name, concept, location, how long it has been running, and what sets it apart. Briefly mention the products and services you plan to offer and your target customer profile.

Following that, provide an overview of the addressable market for your training center, current trends, and potential growth opportunities.

Next, include a summary of key financial figures like projected revenues, profits, and cash flows.

Finally, in the "ask" section, detail any funding requirements you may have.

2. The presentation of the company

The second section in your training center's business plan should focus on the structure and ownership, location, and management team of the company.

The structure and ownership part provides an overview of the legal structure of the business, who the owners are and how much each has invested and owns. If you are seeking financing it is important that the reader gets a clear picture of which legal entity is receiving the funds, and who controls the business.

The location part should give an overview of the premises from which the company is operating, and why that location is of particular interest (catchment area, accessibility, amenities nearby, etc.).

When describing the location of your training center, you could emphasize the potential for growth. It may be situated in a region with access to a large pool of potential customers, as well as resources that could support the expansion of your business. You could also emphasize the diversity of the local economy, which could indicate a stable market for your services. Additionally, you could point out the potential for strategic partnerships with other businesses in the area, which could help to increase your reach and build a network of customers.

Finally, you should introduce the management team. Explain each member's role, background, and experience.

It is also important to emphasize any past successes that the members of the management team have achieved, and how long they've been working together, as this will help potential lenders or investors understand why they should trust in their leadership.

3. The products and services section

The products and services section of your business plan should include a detailed description of what your company offers, who are the target customers, and what distribution channels are part of your go-to-market. 

For example, your training center could offer one-on-one tutoring, small group courses and online classes. The one-on-one tutoring would provide customized instruction tailored to a student's specific needs and goals. The small group courses would allow for students to work together to understand concepts more quickly, as well as build relationships with one another. Finally, the online classes would give students the chance to receive instruction from anywhere in the world, making it more convenient for those who cannot attend a physical location.

4. The market analysis

When you present your market analysis in your training center business plan, it's crucial to include detailed information about customers' demographics and segmentation, target market, competition, barriers to entry, and any relevant regulations.

The main objective of this section is to help the reader understand the size and attractiveness of the market while demonstrating your solid understanding of the industry.

Begin with the demographics and segmentation subsection, providing an overview of the addressable market for your training center, the key trends in the marketplace, and introducing different customer segments along with their preferences in terms of purchasing habits and budgets.

Next, focus on your target market, zooming in on the specific customer segments your training center aims to serve and explaining how your products and services fulfil their distinct needs.

For example, your target market might include adult professionals who are looking to gain new skills or certifications to advance their career. They may be looking to transition into a new field, or gain an edge in their current one. They are likely to be willing to invest in their education and may be looking for an intensive program that can provide quick results.

Then proceed to the competition subsection, where you introduce your main competitors and highlight what sets you apart from them.

Finally, conclude your market analysis with an overview of the key regulations applicable to your training center.

5. The strategy section

When you write the strategy section of your training center business plan, remember to cover key elements such as your competitive edge, pricing strategy, sales & marketing plan, milestones, and risks and mitigants.

In the competitive edge subsection, elaborate on what makes your company stand out from competitors. This becomes especially important if you're a startup, aiming to carve a place for yourself amidst established players in the marketplace.

The pricing strategy subsection should demonstrate how you plan to maintain profitability while offering competitive prices to attract customers.

Outline your sales & marketing plan, detailing how you'll reach out to new customers and retain existing ones through loyalty programs or special offers.

For the milestones subsection, outline your company's achievements to date and your main objectives for the future, complete with specific dates to set clear expectations for progress.

Lastly, the risks and mitigants subsection should address the main risks that could affect your plan's execution. Explain the measures you've put in place to minimize these risks, assuring potential investors or lenders.

Your training center may face a variety of risks. For example, your center could face a financial risk if there is a decrease in enrollment or if the cost of materials and supplies increases. Additionally, your center might face a risk of litigation if an instructor or student is injured or if a student is unsatisfied with the quality of training.

6. The operations section

In your business plan, it's also essential to provide a detailed overview of the operations of your training center.

Start by covering your team, highlighting key roles and your recruitment plan to support the expected growth. Outline the qualifications and experience required for each role and your intended recruitment methods, whether through job boards, referrals, or headhunters.

Next, clearly state your training center's operating hours, allowing the reader to assess staffing levels adequately. Additionally, mention any plans for varying opening times during peak seasons and how you'll handle customer queries outside normal operating hours.

Then, shift your focus to the key assets and intellectual property (IP) necessary for your business. If you rely on licenses, trademarks, physical structures like equipment or property, or lease agreements, make sure to include them in this section.

You may have a variety of key assets and IP at your training center, such as proprietary learning materials and teaching methods. These could include professionally developed course materials, e-learning modules, multimedia content, and textbooks that are all unique to your center. Additionally, you might have specialized equipment such as computers, projectors, and audio visual gear that allow you to conduct training sessions in an effective and efficient manner.

Lastly, include a list of suppliers you plan to work with, detailing their services and main commercial terms, such as price, payment terms, and contract duration. Investors are interested in understanding why you've chosen specific suppliers, which may be due to higher-quality products or established relationships from previous ventures.

7. The presentation of the financial plan

The financial plan section is where we will include the financial forecast we talked about earlier in this guide.

Now that you have a clear idea of the content of a training center business plan, let's look at some of the tools you can use to create yours.

What tool should I use to write my training center's business plan?

In this section, we will be reviewing the two main options for writing a training center business plan efficiently:

• Using specialized software,
• Outsourcing the drafting to the business plan writer.

Using an online business plan software for your training center's business plan

Using online business planning software is the most efficient and modern way to create a training center business plan.

There are several advantages to using specialized software:

• You can easily create your financial forecast by letting the software take care of the financial calculations for you without errors
• You are guided through the writing process by detailed instructions and examples for each part of the plan
• You can access a library of dozens of complete business plan samples and templates for inspiration
• You get a professional business plan, formatted and ready to be sent to your bank or investors
• You can easily track your actual financial performance against your financial forecast
• You can create scenarios to stress test your forecast's main assumptions
• You can easily update your forecast as time goes by to maintain visibility on future cash flows
• You have a friendly support team on standby to assist you when you are stuck

If you're interested in using this type of solution, you can try The Business Plan Shop for free by signing up here .

Hiring a business plan writer to write your training center's business plan

Outsourcing your training center business plan to a business plan writer can also be a viable option.

Business plan writers are experienced in writing business plans and adept at creating financial forecasts without errors. Furthermore, hiring a consultant can save you time and allow you to focus on the day-to-day operations of your business.

However, hiring business plan writers is expensive as you are paying for the software used by the consultant, plus their time, and their profit margin of course.

From experience, you need to budget at least £1.5k ($2.0k) excluding tax for a complete business plan, more if you need to make changes after the initial version (which happens frequently after the initial meetings with lenders or investors).

You also need to be careful when seeking investment. Investors want their money to be used to grow the business, not spent on consulting fees. Therefore, the amount you spend on business plan writing services (and other consulting services such as legal services) needs to be negligible relative to the amount raised.

The other drawback is that you usually don't own the business plan itself: you just get the output, while the actual document is saved in the consultant's business plan software - which makes it difficult to maintain the document up to date without hiring the consultant on a retainer.

For these reasons, outsourcing the training center business plan to a business plan writer should be considered carefully, weighing both the advantages and disadvantages of hiring outside help.

Ultimately, it may be the right decision for some businesses, while others may find it beneficial to write their business plan using online software.

Why not create your training center's business plan using Word or Excel?

I must advise against using Microsoft Excel and Word (or their Google, Apple, or open-source equivalents) to write your training center business plan. Let me explain why.

Firstly, creating an accurate and error-free financial forecast on Excel (or any spreadsheet) is highly technical and requires a strong grasp of accounting principles and financial modelling skills. It is, therefore, unlikely that anyone will fully trust your numbers unless you have both a degree in finance and accounting and significant financial modelling experience, like us at The Business Plan Shop.

Secondly, relying on spreadsheets is inefficient. While it may have been the only option in the past, technology has advanced significantly, and software can now perform these tasks much faster and with greater accuracy. With the rise of AI, software can even help us detect mistakes in forecasts and analyze the numbers for better decision-making.

And with the rise of AI, software is also becoming smarter at helping us detect mistakes in our forecasts and helping us analyse the numbers to make better decisions.

Moreover, software makes it easier to compare actuals versus forecasts and maintain up-to-date forecasts to keep visibility on future cash flows, as we discussed earlier in this guide. This task is cumbersome when using spreadsheets.

Now, let's talk about the written part of your training center business plan. While it may be less error-prone, using software can bring tremendous gains in productivity. Word processors, for example, lack instructions and examples for each part of your business plan. They also won't automatically update your numbers when changes occur in your forecast, and they don't handle formatting for you.

Overall, while Word or Excel may seem viable for some entrepreneurs to create a business plan, it's by far becoming an antiquated way of doing things.

• Having an up-to-date business plan is key to maintaining visibility on your future cash flows.
• A business plan has 2 parts: a financial forecast highlighting the expected growth, profitability and cash generation of the business; and a written part which provides the context needed to interpret and assess the quality of the forecast.
• Using business plan software is the modern way of writing and maintaining business plans.

We hope that this guide helped you to better understand how to write the business plan for a training center. If you still have questions, do not hesitate to contact us.

Also on The Business Plan Shop

• How to write a 5 years business plan
• Business plan myths

Know someone who owns or wants to start a training center? Share this article with them!

Founder & CEO at The Business Plan Shop Ltd

Guillaume Le Brouster is a seasoned entrepreneur and financier.

Guillaume has been an entrepreneur for more than a decade and has first-hand experience of starting, running, and growing a successful business.

Prior to being a business owner, Guillaume worked in investment banking and private equity, where he spent most of his time creating complex financial forecasts, writing business plans, and analysing financial statements to make financing and investment decisions.

Guillaume holds a Master's Degree in Finance from ESCP Business School and a Bachelor of Science in Business & Management from Paris Dauphine University.

Create a convincing business plan

Assess the profitability of your business idea and create a persuasive business plan to pitch to investors

500,000+ entrepreneurs have already tried our solution - why not join them?

Not ready to try our on-line tool ? Learn more about our solution here

Need some inspiration for your business plan?

Subscribe to The Business Plan Shop and gain access to our business plan template library.

Need a professional business plan? Discover our solution

Write your business plan with ease!

It's easy to create a professional business plan with The Business Plan Shop

Want to find out more before you try? Learn more about our solution here

How to Create a Business Plan for a Training Center

by Ruth Mayhew

Published on 21 Nov 2018

The key to convincing investors, such as banks, to invest in your business, is to construct a business plan that demonstrates you have business acumen and that you know the industry. Constructing a solid business plan isn't difficult, but it does require deep expertise about the type of business or industry and knowledge of how businesses start, operate and grow. To launch a training center, create a business plan that proves you are qualified, experienced and have a passion for the training industry.

Training-Specific Qualifications

Creating a business plan for a training center requires that you have expertise or experience in operating one. Perhaps you have been the operations manager for a successful training center and you're ready to take the leap into starting your own center. Otherwise, you will need a team of colleagues whose collective experiences compel investors to want to share in your future success. According to Training Industry magazine, several critical steps to starting a training business include acquiring the credentials necessary to prove that your industry knowledge and credibility is sound. Training credentials can range from certifications or licenses in specific areas, such as IT security networks, to advanced degrees in adult education. If you don't personally have these credentials, you must have a team that does. That said, if you have training credentials, your business plan will carry more weight because you are spearheading an endeavor based on your industry-specific knowledge, which can be far more credible than simply hiring people with this expertise.

Food For Thought and Paper

Before you put pen to paper to create a business plan, your self-assessment will determine whether you actually are prepared to operate and own a training center. Questions such as, "If I cannot get investors' commitments, am I prepared to fund this endeavor from business loans or my personal savings?" and "What are the specific types of services that my training center will provide, and is there an opportunity for this training center in my area?" and "If the market is currently flooded with other training centers, what niche can I create, based on my own expertise and differentiation of services?"

Business Plan Components

Constructing a business plan isn't something you complete in an afternoon or even a day. Your research and analysis alone will take time to compile, and while you might be well-connected to the training community, if this is your first foray into the training industry or owning a business, you might need expert guidance in one or both areas. According to Forbes, basic components of a business plan include analyses of the future company, the industry and the competition. In addition, your business plan should include an analysis of your potential customers and the type of marketing your research shows will be most effective. Traditional business concepts, such as who is managing this effort, how you plan to operate the business and how you're going to fund it, are critical points to address in your business plan. When you complete the draft business plan for your training center, write an executive summary that answers this question: "Why do you believe your training center is different from all the others?"

Focus on the Specificity

You will find a plethora of business plan templates on the internet. Ensure that yours specifically says why your training center business concept will succeed when others have not, to maintain your investors' interest. For example, projections about your future training center should focus on what's presently available and accessible, therefore, your analysis should address physical space necessary. Is there even room in your geographic area to support another training center? Determine whether you are offering on-site training, remote training broadcast from one location or a hybrid model that combines classroom training and computer-based training, or CBT. That will determine the physical space you need to launch another training center in the area.

Describe your market, such as how many training centers are currently in existence, how many participants – according to job-specific areas – are in the market. For example, if your training center is dedicated to serving allied health care professionals such as nuclear-medicine technologists, dietitians or respiratory therapists, how many training centers are in the market? The rate at which they are producing graduates and if there are prospective students who do not have access to training is critical data that are particularly useful to your business plan. Your research could include the acceptance and graduation rates of existing training centers in the area versus the numbers of applicants or prospective students. Perhaps the demand is greater than what the existing training centers can accommodate. That is just the first part of the equation because the second and equally important factor is this: If the demand is great, do you have the ability to source and recruit qualified instructors to provide the training your center offers?

Let's Talk Money

A business plan is sorely lacking without a detailed analysis and discussion about funding. Entrepreneur Magazine says that a business plan should project costs for three-to-five years and include start-up costs, operating expenses and projections so that investors can see where their money will be spent, and what their return on investment will be. Your business plan should include projections in a balance-sheet-like format, which also demonstrates that you understand basic business concepts. If finance isn't in your wheelhouse, collaborate with an expert to present the financial picture for your training center.

The Proof Is in the Details 

Like other business reports, your business plan should include an appendix. The appendix includes documents that support every section of your plan, and, if appropriate, include your market research data. For example, if you have identified key personnel for your training center such as a training director, an operations director or a financial management professional, include their resumes and credentials in your business plan. In addition, state whether your business requires petitioning for jurisdictional business-or-land-use permits.

The final step is your executive summary, which you should write only after you have completed the final business plan. Many investors will take the time to read just a one-to-two-page executive summary, so it must include enough information to compel them to read the entire business plan or to make a decision based on a well-thought-out and well-written business concept. Your executive summary should answer the question, "Why do you believe your training center is different from all the others?"

Upmetrics AI Assistant: Simplifying Business Planning through AI-Powered Insights. Learn How

Entrepreneurs & Small Business

Accelerators & Incubators

Business Consultants & Advisors

Educators & Business Schools

Students & Scholars

AI Business Plan Generator

Financial Forecasting

AI Assistance

Ai pitch deck generator

Strategic Planning

See How Upmetrics Works  →

• Sample Plans
• WHY UPMETRICS?

Customers Success Stories

Business Plan Course

Small Business Tools

Strategic Canvas Templates

E-books, Guides & More

• Sample Business Plans
• Education & Training

Vocational School Business Plan

After getting started with upmetrics , you can copy this sample business plan into your business plan and modify the required information and download your vocational school business plan pdf and doc file. It’s the fastest and easiest way to start writing your business plan.

Download a sample vocational school business plan

Need help writing your business plan from scratch? Here you go;  download our free vocational school business plan pdf  to start.

It’s a modern business plan template specifically designed for your vocational school business. Use the example business plan as a guide for writing your own.

Related Posts

School Business Plan

Swim School Business Plan

Best Business Plan Tools for Startup

Business Plan Cover Page Design Guide

About the Author

Upmetrics Team

Upmetrics is the #1 business planning software that helps entrepreneurs and business owners create investment-ready business plans using AI. We regularly share business planning insights on our blog. Check out the Upmetrics blog for such interesting reads. Read more

Plan your business in the shortest time possible

No Risk – Cancel at Any Time – 15 Day Money Back Guarantee

Popular Templates

Create a great Business Plan with great price.

• 400+ Business plan templates & examples
• AI Assistance & step by step guidance
• 4.8 Star rating on Trustpilot

Streamline your business planning process with Upmetrics .

Learning Center Business Plan [Sample Template]

By: Author Tony Martins Ajaero

Home » Business Plans » Education Sector

Are you about starting a learning center company? If YES, here is a detailed sample learning center business plan template & FREE feasibility report.

A learning center is a self-contained section of the classroom in which students engage in independent and self-directed learning activities. Learning centers provide students with exciting and interesting experiences to practice, enrich, reteach, and enhance their learning.

These types of centers are filled with art materials, books, and other instructional tools. It is important to state that there are different types of learning centers; learning centers can vary a great deal when it comes to their design and the results they want to achieve.

But for the purpose of this business plan, we will concentrate on early childhood learning center. Lastly, there are no barriers as regards those who can start a learning center in the united states; educationist, philanthropists, parents, community leaders, social entrepreneurs, religious organizations, businesses, teachers, school districts, and towns can start their own learning centers.

Having said that, if you interested in starting your learning center, then here is a comprehensive learning center business plan template that will give you the needed guide.

A Sample Learning Center Business Plan Template

1. industry overview.

The Early Childhood Learning Centers industry comprises establishments that provide basic skill and education courses for children between the ages of two and five.

Basically, establishments in this industry, both public and private, provide basic preparatory education courses for children aged two years to those reaching the compulsory school-entry age. This industry excludes establishments that primarily service adults and provide child-teaching services.

Operators offer different programs, which vary by age. For younger children, typically those between the ages of two and three, programs focus on developing early math, reading and interpersonal skills. Children between three and five years old participate in a variety of activities and subjects to prepare them for grade school.

Recent reports released by IBISWORLD shows that over the five years to 2018, revenue fell early in the period as a result of low per capita disposable income levels and the decline in the labor force participation rate of women. However, the unemployment rate has declined each year since 2013.

Statistics has it that The Early Childhood Learning Centers industry in the United States of America, is worth $11 billion, with an estimated growth rate of 2.1 percent annually between 2013 and 2018. There are about 19,482 registered and licensed (accredited) early childhood learning centers scattered all around the United States of America and they are responsible for employing about 247,365 people.

Aside from Bright Horizons Family Solutions Inc. which has the largest enrollments, no other early childhood learning center can boast of dominating the market; every player can comfortably compete in the industry.

It is important to state that the barriers to entry into the Early Childhood Learning Centers industry are high. As a matter of fact, new entrants find it difficult to establish themselves. So also, the reputation of the early childhood learning center is of utmost importance, as the center that has a good history of getting students into prestigious colleges often have the best reputations hence good enrollments.

Reputation indeed is imperative to parents’ decisions when shopping for early childhood learning centers. This is because the quality of education cannot be assessed until after it is complete.

Even though this might seem like a highly competitive industry, the industry is still pretty much open for people to come in and compete. As a matter of fact, if you conduct your research and feasibility studies very well before starting your own center, you are likely going to struggle less to make headway in the industry.

2. Executive Summary

Little Rock® Community Learning Center, Inc. is an early childhood learning center that will be located in a well – populated residential estate in Little Rock – Arkansas, United States of America. We are a standard early childhood learning center that will offer different programs, which will vary by age.

For younger children, typically those between the ages of two and three, the programs will focus on developing early math, reading and interpersonal skills. Children between three and five years old will participate in a variety of activities and subjects to prepare them for grade school.

Little Rock® Community Learning Center, Inc. is a result driven early childhood learning center that provides broad-based learning approaches and experience at an affordable fee that won’t in any way put a hole in the pocket of our clients.

We will offer professional teaching services in a highly secured and conducive learning environment. We will ensure that we work hard to meet and surpass all our students’ educational goals whenever they enroll in our center.

At Little Rock® Community Learning Center, Inc., our students’ overall best interest would always come first, and everything we do will be guided by our values and professional ethics. We will ensure that we hire professional teachers in various subjects who are passionate at imparting knowledge to students.

We have plans in the future to also offer learning platforms to people with both learning disability and physical disability (especially the blind, the dumb and the deaf).

Our overall business goal is to position our early childhood learning center to become the leading brand in the industry in the whole of Little Rock – Arkansas, and also to be amongst the top 10 learning centers in United States of America within the first 20 years of operation.

Little Rock® Community Learning Center, Inc. is founded by Dr. (Mrs.) Becky Steve – Carson and her immediate family members. She is an educationist par excellence and she has won many awards in the educational sector in the United States.

Dr. (Mrs.) Becky Steve – Carson has both the academic qualifications and experience to run an early childhood learning center that can favorably compete with other leading early childhood learning centers not only in Little Rock – Arkansas, but also throughout the United States America.

3. Our Products and Services

Little Rock® Community Learning Center, Inc. is going to offer varieties of early childhood learning services in the United States of America. Our intention of starting our early childhood learning center is to soundly educate kids in various subjects and of course to make profits from the industry. Our service offerings are listed below;

• Planning and implementing a diverse curriculum for children
• Developing activities to introduce math and literacy concepts
• Providing child and infant daycare to an extent
• Operating Head Start programs

4. Our Mission and Vision Statement

Our vision is to build a highly competitive early childhood learning center that will become the number one choice for both parents and students in the whole of Little Rock – Arkansas.

Our mission is to provide professional and conducive learning environment to students at different levels of learning. Our overall business goal is to position Little Rock® Community Learning Center to become the leading early childhood learning center in the industry in the whole of Little Rock – Arkansas, and also to be amongst the top 10 early childhood learning centers in the United States of America within the first 20 years of operation.

Our Business Structure

It is a known fact that the success of any business is to a large extent is dependent on the business structure of the organization and the people who occupy roles in the organization. Little Rock® Community Learning Center, Inc. will build a solid business structure that can support the growth of our early childhood learning center.

We will ensure that we hire competent hands (teaching and non – teaching staff members) to help us build the early childhood learning center of our dream.

The fact that we want to become one of the leading early childhood learning centers in the industry in the whole of the United States of America makes it necessary for our organization to deliberately build a well – structured business from the onset.

We will work hard to ensure that we only attract people with the right mindset to help us achieve our business goals and objectives in record time. Below is the business structure that we will build Little Rock® Community Learning Center, Inc.;

• Head of The Early Childhood Learning Center (School Proprietress)

School Administrator

Early Childhood Learning Specialist

• Accountant/Bursar
• Client Service Executive/Front Desk Officer

Security Officers

5. Job Roles and Responsibilities

Head of the Early Childhood Learning Center/School Coordinator:

• Responsible for providing direction for the center
• Responsible for handling high profile clients and deals
• Responsible for fixing fees and signing business deals (partnership)
• Responsible for signing checks and documents on behalf of the early childhood learning center
• Coordinates all arms of the center
• Evaluates the success of the center
• Reports to the board
• Responsible for overseeing the smooth running of HR and administrative tasks for the early childhood learning center
• Designs job descriptions with KPI to drive performance management for tutors (teachers)
• Regularly hold meetings with key stakeholders (parents and member of the school board) to review the effectiveness of the schools’ Policies, Procedures and Processes
• Maintains office supplies by checking stocks; placing and expediting orders; evaluating new products.
• Ensures operation of equipment by completing preventive maintenance requirements; calling for repairs.
• Defines job positions for recruitment and managing interviewing process
• Carries out induction for new team members
• Responsible for training, evaluation and assessment of employees
• Responsible for arranging travel, meetings and appointments
• Oversees the smooth running of the daily activities of the early childhood learning center.
• Effectively teach subjects as assigned by the school administrator
• Accesses the progress of students under their care
• Ensures that students abide by the rules and regulations of the center
• Contributes his/her quota towards growing the early childhood learning center
• Receives complaints from parents and channel it to the appropriate quarters
• Handles any other duty as assigned by the school administrator.

Marketing Executive

• Identifies, prioritizes, and reaches out to new students, and business opportunities et al
• Identifies development opportunities; follows up on development leads and contacts
• Writes winning proposal documents, negotiate fees and rates in line with organizations’ policy
• Responsible for handling business research, market surveys and feasibility studies for clients
• Responsible for supervising implementation, advocate for the customer’s needs, and communicate with clients
• Documents all customer contact and information
• Represents the company in strategic meetings
• Helps to increase sales and growth for the school

School Bursar (Accountant)

• Responsible for preparing financial reports, budgets, and financial statements for the organization
• Provides management with financial analyses, development budgets, and accounting reports
• Responsible for financial forecasting and risks analysis.
• Performs cash management, general ledger accounting, and financial reporting for one or more properties.
• Responsible for developing and managing financial systems and policies
• Responsible for administering payrolls
• Ensuring compliance with taxation legislation
• Handles all financial transactions for Little Rock® Community Learning Center, Inc.
• Serves as internal auditor for Little Rock® Community Learning Center, Inc.

Client Service Executive

• Welcomes/receive parents and students by greeting them in person or on the telephone; answering or directing inquiries.
• Ensures that all contacts with parents and students (e-mail, walk-In center, SMS or phone) provides a personalized customer service experience of the highest level
• Through interaction with parents and students on the phone, uses every opportunity to build parent’s interest in the schools’ services
• Consistently stays abreast of any new information on the organizations’ promotional campaigns etc. to ensure accurate and helpful information is supplied to parents and students when they make enquiries
• Receives parcels / documents for Little Rock® Community Learning Center, Inc.
• Distributes mails in the organization
• Handles any other duties as assigned by the School Administrator.
• Responsible for cleaning the school facility at all times
• Ensures that toiletries and supplies don’t run out of stock
• Cleanses both the interior and exterior of the school facility
• Handles any other duty as assigned by the school administrator
• Ensures that the school facility is secured at all time
• Controls traffic and organize parking
• Gives security tips to staff members from time to time
• Patrols around the building on a 24 hours’ basis
• Submits security reports weekly
• Any other duty as assigned by the school administrator.

6. SWOT Analysis

Little Rock® Community Learning Center, Inc. engaged the services of a core professional in the area of business consulting and structuring with bias in the educational sector to assist us in building a well – structured early childhood learning center that can favorably compete in the United States.

Part of what the team of business consultant did was to work with the management of our organization in conducting a SWOT analysis for Little Rock® Community Learning Center, Inc. Here is a summary from the result of the SWOT analysis that was conducted on behalf of Little Rock® Community Learning Center, Inc.;

As an early childhood learning center, our core strength lies in the power of our team; our workforce. We have a team with excellent qualifications and experience in the educational sector especially when it comes to working with toddlers.

We are well positioned in a community with the right demography and we know we will attract loads of students from the first day we open our doors and welcome students for enrollment.

As a new early childhood learning center in Little Rock – Arkansas, it might take some time for our organization to break into the market and gain acceptance via reputation in the already saturated education cum Early Childhood Learning Centers industry; that is perhaps our major weakness.

• Opportunities:

Demand for day-care services is positively correlated with the number of children aged nine and younger. Increase in the number of children younger than nine, particularly those younger than five, boost demand and profitability for private centers.

The number of children under the age of nine is expected to increase slightly in 2018, representing a potential opportunity for the industry.

The labor force participation rate of women, especially mothers, has a major effect on demand for child-care services. The participation rate is influenced by many factors, including social values, expectations relating to child care, the growth rate of employment, after-tax wages and child-care costs.

When the female workforce participation rate rises, it tends to increase demand for child-care services. The labor force participation rate of women is expected to increase slightly in 2018, posing a threat to the industry.

7. MARKET ANALYSIS

• Market Trends

The trend in the early childhood learning center business is that the keys to attracting students is the educational performance of their students. Any early childhood learning center that has good records will always thrive.

The demand for early childhood learning centers is driven by the fact that most public cum government owned schools cannot accommodate every student in a given geographical location. In some cases, students with special needs cannot cope in public schools hence the need for early childhood learning centers.

Early childhood learning centers are overwhelmingly located in urban areas. Over one-half of all early childhood learning center students reside in urban environments, compared with less than one-third of students at traditional public schools.

Growth in the percentage of the overall population living in urban areas increases demand for early childhood learning centers. The US urban population is expected to increase in 2018, representing a potential opportunity for the industry.

The economic downturn hasn’t really affected this industry, especially in countries that believe in the efficacy of education. The areas you would need to spend heavily on is in ensuring that your school is up to standard, your advertisements, and on insurance policy cover.

Lastly, it is trendier to find early childhood learning centers engaging in extra – curricular activities and as a matter of fact, an early childhood learning center that thrives in sports can leverage on that to attract students who are sports inclined.

8. Our Target Market

As a standard early childhood learning center, Little Rock® Community Learning Center, Inc. is going to offer varieties of educational services. Our intention of starting our early childhood learning center is to prepare toddlers to enroll in schools and of course to make profits from the education industry.

Our target market as an early childhood learning center cuts across people (students) of different classes and cultural background whether African, White, Caucasian, Latinos, Indians, and Asians. We are coming into the industry with a business concept that will enable us work with the students at different learning stages in Little Rock – Arkansas.

Our Competitive Advantage

Indeed, the Early Childhood Learning Centers industry is highly competitive and the entry barriers are high. As a matter of fact, the industry is pretty difficult for new entrants to establish themselves. So also, the reputation of the early childhood learning center is of utmost importance, as early childhood learning centers that have a good history of getting students into prestigious schools often have the best reputations.

As a major marketing tool, schools need to show parents a track record of admission to elite schools. Little Rock® Community Learning Center, Inc. might be a new entrant into the education cum Early Childhood Learning Centers industry in the United States of America, but the management staff of the center are considered gurus.

They are highly qualified educationists/teachers at various levels of learning in the United States. These are part of what will count as a competitive advantage for us.

Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category in the industry meaning that they will be more than willing to build the business with us and help deliver our set goals and objectives.

9. SALES AND MARKETING STRATEGY

• Sources of Income

Little Rock® Community Learning Center, Inc. is established with the aim of maximizing profits in the education cum Early Childhood Learning Centers industry and we are going to ensure that we do all it takes to attract students on a regular basis. Little Rock® Community Learning Center, Inc. will generate income by offering the following tutorial services;

• Providing child and infant day care to an extent

10. Sales Forecast

We are well positioned to take on the available market in Little Rock – Arkansas and we are quite optimistic that we will meet our set target of generating enough income / profits from the first six months of operation and grow the early childhood learning center and our student base.

We have been able to examine the early childhood learning centers cum education market in the United States of America, we have analyzed our chances in the industry and we have been able to come up with the following sales forecast.

Below is the sales projection for Little Rock® Community Learning Center, Inc., it is based on the location of our tutorial center and of course the wide range of educational cum learning services that we will be offering;

• First Fiscal Year (FY1):  $250,000
• Second Fiscal Year (FY2):  $450,000
• Third Fiscal Year (FY3):  $750,000

N.B : This projection was done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown and natural disasters within the period stated above. So, there won’t be any major competitor offering same services as we do within same location. Please note that the above projection might be lower and at the same time it might be higher.

• Marketing Strategy and Sales Strategy

We are mindful of the fact that there are stiff competitions amongst early childhood learning centers in the United States of America, hence we have been able to hire some of the best marketing experts to handle our sales and marketing concerns.

Our sales and marketing team will be recruited base on their vast experience in the industry and they will be trained on a regular basis so as to be well equipped to meet their targets and the overall goal of the early childhood learning center.

Our goal is to grow our early childhood learning center to become one of the top 10 early childhood learning centers in the United States of America which is why we have mapped out strategies that will help us take advantage of the available market and grow to become a major force to reckon with not only in Little Rock – Arkansas but also in other cities in the United States of America.

Little Rock® Community Learning Center, Inc. is set to make use of the following marketing and sales strategies to attract clients;

• Introduce our early childhood learning center by sending introductory letters alongside our brochure to schools, parents/household and key stakeholders in Little Rock – Arkansas.
• Print out fliers and business cards and strategically drop them in schools, libraries and even student organizations.
• Creating a website, allows parents to be able to look you up, and also allows you to post general study tips, giving you an added advantage.
• Use friends and family to spread word about our early childhood learning center
• Introduce Little Rock® Community Learning Center, Inc. to learning specialists, school coaches, school administrators, teachers, guidance counselors especially as they are with students everyday
• Post information about Little Rock® Community Learning Center, Inc. on bulletin boards in places like schools, libraries, and local coffee shops.
• Placing a small or classified advertisement in the newspaper, or local publication about Little Rock® Community Learning Center, Inc.
• Using tutorial referral networks such as agencies that will help match students with Little Rock® Community Learning Center, Inc.
• Joining relevant association or body that will enable us network and meet others in same industry.
• Advertising online by using an advertising platform such as Google AdWords, that will allow us place text advertisements alongside on websites with related contents, and along results from search engines.
• Advertise our early childhood learning center in relevant educational magazines, newspapers, TV and radio station.
• Attend relevant educational expos, seminars, and business fairs et al
• Engage direct marketing approach
• Encourage word of mouth marketing from loyal and satisfied clients

11. Publicity and Advertising Strategy

We are aware of the potency of a good publicity strategy hence we have been able to work with our brand and publicity consultants to help us map out publicity and advertising strategies that will help us walk our way into the heart of our target market.

We are set to become the number one choice for both parents and students in the whole of Little Rock – Arkansas which is why we have made provisions for effective publicity and advertisement of our early childhood learning center. Below are the platforms we intend to leverage on to promote and advertise Little Rock® Community Learning Center, Inc.;

• Place adverts on both print (community based newspapers and educational magazines) and electronic media platforms
• Sponsor relevant community based events/programs
• Leverage on the internet and social media platforms like; Instagram, Facebook, twitter, YouTube, Google + et al to promote our brand
• Install our billboards in strategic locations all around Little Rock – Arkansas.
• Engage in roadshow from time to time in targeted neighborhoods in and around Little Rock – Arkansas
• Distribute our fliers and handbills in target areas in and around Little Rock – Arkansas
• Passing general information via our school’s social media handles like twitter, Facebook, Google hangouts etc.
• Ensure that all our teaching and non – teaching staff members wear our branded shirts and all our vehicles are well branded with our schools’ logo et al.

12. Our Pricing Strategy

Early childhood learning centers in the United States of America and of course in all the parts of the world charge students per term/per session and students have the options of either paying their tuitions before resumption or during the school session.

Early childhood learning centers charge students based on loads of factors including location, service offerings and extra – curricular activities.

At Little Rock® Community Learning Center, Inc. we will keep our fees below the average market rate by keeping our overhead low and by collecting payment in advance. In addition, we will also offer special discounted rates to all our students at regular intervals.

• Payment Options

The payment policy adopted by Little Rock® Community Learning Center, Inc. is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America.

Here are the payment options that Little Rock® Community Learning Center, Inc. will make available to her clients;

• Payment via bank transfer
• Payment with cash
• Payment via online bank transfer
• Payment via mobile money
• Payment via Point of Sales Machines (POS Machines)
• Payment via check
• Payment via bank draft

In view of the above, we have chosen banking platforms that will enable our clients make payment for tuition fees without any stress on their part. Our bank account numbers will be made available on our website and promotional materials to clients who may want to deposit cash or make online transfer for services rendered.

13. Startup Expenditure (Budget)

In setting up an early childhood learning center business, the amount or cost will depend on the approach and scale you want to undertake.

If you intend to go big by acquiring a large facility, then you would need a higher amount of capital as you would need to ensure that your employees are taken care of, and that your early childhood learning center’s environment is conducive enough for the students to learn.

The materials and equipment that will be used are nearly the same cost everywhere, and any difference in prices would be minimal and can be overlooked.

As for the detailed cost analysis for starting a early childhood learning center business; it might differ in other countries due to the value of their money. However, this is what it would cost us to start Little Rock® Community Learning Center, Inc. in the United of America;

• Business incorporation fees in the United States of America will cost – $750.
• The budget for Liability insurance, permits and license will cost – $3,500
• Acquiring a large facility that will accommodate the number of block of classes, playing field, staff offices and parking lots et al (Re – Construction of the facility inclusive) will cost – $350,000.
• Equipping the classes and office (computers, printers, projectors, markers, pens and pencils, furniture, telephones, filing cabinets, and electronics) will cost – $50,000
• Launching an official website will cost – $500
• The budget for the payment of salaries for the first three months of operations: $120,000
• Additional Expenditure such as Running cost, Business cards, Signage, Adverts and Promotions will cost – $45,000

Going by the market survey and feasibility studies conducted, we came to the conclusion that we will need an average of six hundred and fifty thousand dollar ($650,000) to start a small but standard early childhood learning center in the United States of America.

Generating Funds/Startup Capital for Little Rock® Community Learning Center, Inc.

Little Rock® Community Learning Center, Inc. is a family business that will be owned and managed by Dr. (Mrs.) Beck Steve – Carson and her immediate family members. They are the major financiers of the early childhood learning center which is why they decided to restrict the sourcing of the startup capital for the early childhood learning center to just three major sources.

• Generate part of the startup capital from personal savings and sale of his stocks
• Generate part of the startup capital from government, friends and other extended family members
• Generate a larger chunk of the startup capital from the bank (loan facility).

N.B: We have been able to generate about $250,000 (Personal savings $200,000 and soft loan from family members $50,000) and we are at the final stages of securing $100,000 education grant from the Government an also obtaining a loan facility of $300,000 from our bank.

All the papers and documents have been duly signed and submitted, the loan has been approved and any moment from now our account will be credited.

14. Sustainability and Expansion Strategy

It is a known fact that the future of any business lies in the number of loyal customers that they have, the capacity and competence of their employees, their investment strategy and of course the business structure. If all of these factors are missing from a business, then it won’t be too long before the business closes shop.

One of our major goals of starting Little Rock® Community Learning Center, Inc. is to build a business that will survive off its own cash flow without the need for injecting finance from external sources once the business is officially running.

We know that one of the ways of gaining approval and winning customers (students and parents alike) over is to ensure that we offer nothing less than the best, to offer quality education to all our students so much so that they can favorably compete with students all over the United States.

Little Rock® Community Learning Center, Inc. will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of. Our company’s corporate culture is designed to drive our business to greater heights and training and retraining of our workforce is at the top burner of our business strategy.

As a matter of fact, profit-sharing arrangement will be made available to all our management staff and it will be based on their performance for a period of three years or more as determined by the board of the organization. We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.

Check List/Milestone

• Business Name Availability Check: Completed
• Business Incorporation: Completed
• Opening of Corporate Bank Accounts: Completed
• Opening Online Payment Platforms: Completed
• Application and Obtaining Tax Payer’s ID: In Progress
• Application for business license and permit: Completed
• Purchase of Insurance for the Business: Completed
• Securing a standard facility large enough to accommodate our design: Completed
• Conducting Feasibility Studies: Completed
• Generating part of the startup capital from the founders: Completed
• Writing of Business Plan: Completed
• Drafting of Employee’s Handbook: Completed
• Drafting of Contract Documents: In Progress
• Design of The Schools’ Logo: Completed
• Printing of Promotional Materials: Completed
• Recruitment of employees: In Progress
• Purchase of the needed furniture, office equipment, electronic appliances and facility facelift: In progress
• Creating Official Website for the school : In Progress
• Creating Awareness for the early childhood learning center in Little Rock – Arkansas: In Progress
• Health and Safety and Fire Safety Arrangement: In Progress
• Establishing business relationship with vendors and key players in the education industry : In Progress

Related Posts:

• Daycare Business Plan [Sample Template]
• Education Consulting Business Plan [Sample Template]
• Online Educational Website Business Plan [Sample Template]
• Education Agency Business Plan [Sample Template]
• School Uniform Sewing Business Plan [Sample Template]

Don't bother with copy and paste.

Get this complete sample business plan as a free text document.

Golf Course Training Center Business Plan

Start your own golf course training center business plan

Greek Golf Training Center

Executive summary executive summary is a brief introduction to your business plan. it describes your business, the problem that it solves, your target market, and financial highlights.">.

Greek Golf Training Centers will be a full-service sport complex situated in Athens. There are currently no other golf facilities like this one anywhere in or around Athens. This plan will be used to define the scope of our services, as well as a means of gaining the necessary investments to open the facility. It will also be used on a continual basis in the evaluation of Greek Golf Training Centers mission, goals, and objectives.

The key to success for Greek Golf Training Centers is the ability to market effectively, creating an unmatched “cool” atmosphere where people enjoy themselves, and hiring qualified and knowledgeable staff to aid in the running of our programs and leagues.

The Golf industry is a booming business that will dramatically be expanded in Greece within the next years. Greek Golf Training Centers is conservatively projecting a modest net profit in its first year of operation with this  increasing steadily by the end of the third year.

1.1 Objectives

The main objectives for the Greek Golf Training Centers are:

• Sell 200 memberships in year one, 300 in year two and 400 by the end of year three.
• Organize and develop various teams, depending on level, business type, available time, etc., so as to fill them to capacity.
• Sponsor and/or support one event in year one, two in year two, four in year three.
• Show a net profit margin in the first year of operation.

1.2 Mission

The Greek Golf Training Centers is a single sport and fitness complex designed to be used by the residents of Athens and the surrounding areas.

It is our mission to provide the best programs, staff, and equipment to fully meet the various sport and fitness needs of our members, while generating a profit for the owners and investors.

Besides providing an excellent value to our customers, the Greek Golf Training Centers is determined to create an unmatched sporting atmosphere that will add to the enjoyment of every member and employee of the facility.

Dedicated to the community, the Greek Golf Training Centers strives to support and sponsor community events, as well as host them whenever possible. Our hope is that through the use of our facility, members’ enjoyment and appreciation for golf, fitness, and for life will be enhanced.

1.3 Keys to Success

• Marketing : We must make the Greek Golf Training Centers a distinguished name in Athens and creatively market our services to each of our market segments.
• Atmosphere of facility : By creating an unmatched “cool” atmosphere in the Greek Golf Training Centers through the use of first class equipment and targeting facilities, elegant and comfortable lobby, showers and changing rooms, floors, colors and decoration, people will want to frequent our facility often and recommend it to their colleagues and friends. Furthermore, our ability to retain members will be enhanced.
• Knowledgeable/qualified staff and management : By providing the users of the facility with knowledgeable and qualified staff who show genuine concern for the patrons, people will feel comfortable and confident that the Greek Golf Training Centers can meet all of their golf and fitness needs.

Company Summary company overview ) is an overview of the most important points about your company—your history, management team, location, mission statement and legal structure.">

The Greek Golf Training Centers is a golf complex that will provide both members and casual users an opportunity to participate in a continuous golf training by getting expert help, without time limitations.

2.1 Company Ownership

The Greek Golf Training Centers will be a Limited Liability Corporation financed partially by direct owner investment and a long-term loan.

Dimitrios Vastarouchas and Helen Brasinika will own 25% of the company each.

The other two limited partners will own 40% and 10% respectively.

2.2 Start-up Summary

Our start-up costs are mostly equipment purchase, main building (which will be a wooden pre-fabricated building of good quality), training center construction, golf equipment for the retail store, stationery, legal costs, advertising, land rent and expenses associated with opening our first office. The start-up costs are to be financed by direct owner investment. The assumptions are shown in the following chart and table.

Products and Services

The Greek Golf Training Centers will be a golf complex that provides its users with the following services:

• Golf practice using unlimited number of balls and the best types of feeder. Simulation of various conditions that can be met in a golf course shall be done using sloped mats, tees, sand, targets for pitching and putting training aids.
• Training by professionals.
• Golf equipment shop.
• Lobby for relaxation and discussion with colleagues where brandy, cigars and refreshments will be available.
• Participation in events and activities.

Golf Training Facilities The Greek Golf Training Centers will house a large training area (50 m x 100 m) at which, members could have continuous practice without interruptions.

The advantages shall be the semi-automatic feeding, the possibility to aim to different targets under various conditions, the independency of weather conditions (which is the basic current problem in open golf courses), the absence of time limitation (businessmen can not enjoy golf now since the open golf course training facilities in Athens close at 16:00), and the use of first class equipment.

Professional Training Greek Golf Training Centers will offer professional training (private or group programs), performance analysis once a month for members (using pc, digital video etc), fitness programs, putting aids, and a library with necessary material such as video tapes, books and magazines.

Golf Equipment Shop A golf equipment shop will be strategically placed in Greek Golf Training Centers to attract potential buyers. The shop will sell first class equipment and training aids.

Lobby and Other Facilities Other features and services Greek Golf Training Centers will have include:

• Full service locker rooms for both men and women that will accommodate up to 40 lockers. Large shower areas, benches, sinks, and bathroom facilities will all be included as well.
• An administrative area housing various offices and waiting room will be located at the entrance. Card system will be used for members.
• A luxury lobby will be located on the main floor of the facility. Members will have the chance to enjoy brandy, english tea, fresh juices and smoke a cigar in a peaceful place, decorated in the english traditional style. A library will be located in lobby for members to use.
• Generally, the pre-fabricated complex shall be made of high-quality of wood.

Sponsorship The nets which surround the training area can be used for advertisement and promotion of potential sponsors.

Brought to you by

Create a professional business plan

Using ai and step-by-step instructions.

Secure funding

Validate ideas

Build a strategy

Additionally, special events will be organized for children and schools in order to promote golf in younger generations.

Market Analysis Summary how to do a market analysis for your business plan.">

The Greek Golf Training Centers will be the only golf complex of its kind in all Athens and surroundings (more than four million people). Some aspects of the facility will cater mainly to Athens golf course members but, generally will appeal to everyone in the area.

Because of the flexibility of time schedule, the independency of weather conditions, and in combination with the comfortable auto feeding system, our market segments vary from dedicated golfers to people who want to learn golf, have some stress relief leisure activities and socialize with other members.

In addition, Greek Golf Training Centers shall develop good relations with well known golf training schools worldwide in order to bring golf to youth, advise and urge them to continue for a professional career.

It should be emphasized that at the moment, people in Athens can enjoy golf only in Athens (Glyfada) Golf Course. There are 700 members, however the age average is higher than 55 years old. Moreover, the unique training facility in Athens is in very bad condition since there are not ball feeders, it is weather dependant, and most of all closes at 16:00. Consequently, businessmen, employees, doctors, lawyers, etc. do not have the chance to familiarize with golf.

4.1 Market Segmentation

Golfers A market segment for Greek Golf Training Centers will be the existing golfers (700 members of Athens Golf Club). These people love golf and continuously try to improve their performance.

There are some highly skilled persons, while others are above 90′ (their score), however as it has been mentioned above most of them are older than 50 years. Provided that they can practice at any time and weather conditions, a part of them will join Greek Golf Training Centers. Nevertheless, due to their age average they are expected to have more leisure time which does not prevent them to use the existing facilities of Glyfada Golf Course.

Scientists An important market segment for Greek Golf Training Centers will be the scientists. This market segment include employees such as doctors, lawyers, managers in private companies and public organizations, economists, etc. These people will be a target market for special promotions and periodic activities.

Businessmen Another market segment for our facility will be those who shall combine business with entertainment. They will have a stress relief  where they can enjoy a brandy and discuss in a comfortable place with their guests and/or colleagues.

Employees This is a smaller, but important market segment for our facility. Although fees will be high for private employees, there will be some of them who will join our Center. Except the chance to learn golf, develop public relations, join teams to play golf in a course or arrange golf vacations.

University students Another small market segment for Greek Golf Training Centers will be the students who are attracted due to golf’s uniqueness, its fitness programs and continuous exercise, competitions and other events.

Youth This market segment will be our middle term growing market and maybe the most important in a few years.

In combination with golf promotion in Greece, co-operation with foreign well known golf schools and the proper attitude that will be developed, young people will form teams and take part in competitions, continue golf studies abroad and become professionals (at least a few of them). These people will be the Center’s flag and support it accordingly.

Housewives Another small market segment is with the housewives. Golf is unknown to them, however, since they have plenty of time we estimate that a small number will be attracted. They can have some stress relief especially in the morning time.

Others Tourists, foreigners who work in Greece, guests and etc. will join us, however, they do not like to be locked into long-term commitments but like the freedom to come and go when the opportunity presents itself. Moreover, we expect that segment to reach a peak value during the Olympic Games (Athens 2004).

4.2 Service Business Analysis

The golf business is a booming industry in Greece. At the moment there are a total of three golf courses, the Athens (Glyfada) Golf Club, Rhodes Island Golf Club, and Corfu Golf Club.

Another golf course in North Greece has already closed because grass was too dry and a small course operates in a hotel of Crete island. However, in last year many dramatic changes have taken place. Specifically, Fuji Bank started negotiations with Rhodes Island Club for further investments, the Crete’s Hotels Association has started a superior golf course’s construction in Crete and they plan to build more, and repairs have been started in the North Greece Golf Club.

In addition, the construction plans for the new golf course in Markopoulo have already been approved. Furthermore, a well-known entrepreneur in Greece has planned three golf courses in Peloponnisos area and the construction start day is expected soon. Generally, golf expansion in Greece will be very rapid within next years. It should be noted that Greece is one of the remaining (few) European countries at which golf has not been promoted yet. It should be also mentioned that sales of golf equipment in Greece are very low at the moment.

4.2.1 Competition and Buying Patterns

The competition of Greek Golf Training Centers in Athens and the surrounding areas includes Athens (Glyfada) Golf Club only. The others are located very far from the Greek capital. As it is mentioned above, the training facilities of Athens Golf Club are in a very bad condition. There are no automatic ball feeders for training, mats with slope, areas with sand, sloped areas, etc. Moreover, the training place is exposed to weather conditions. There are not targets for training.

In addition no one can practice after 16:00. Another point is that there is not lighting arrangement for night training. However, there are 700 members that enjoy golf games and they have long term memberships.

Potential members will usually compare the training facilities and find one that fits their specific needs, or has the amenities that he/she wants. Value is usually very important to these potential members as most people want to get the best value for their euro.

In terms of fees and total cost it should be noted that a member needs around 300 balls for practice. At present she or he has to pay 3 euro for 40 balls at Glyfada Golf Club therefore a total of 22.5 euro per practice day. If we assume 10 days per month then a cost of 225 euro results. In addition the member has to pay 1,300 euro per year (annual membership) and consequently 110 euro per month. Therefore, total cost will be 335 euro. In our case the monthly cost is 110 euro.

4.3 Target Market Segment Strategy

Due to the size, appearance and convenient location of our facility, many people will be attracted to Greek Golf Training Centers to see what we have to offer. However, we will not be content to just wait for customers to come to us. Instead, we will focus our marketing strategies on those market segments who match our offerings. The great thing about marketing Greek Golf Training Centers, is that each market segment relates, in certain ways, to all the others.

Our main objective with our early marketing strategy will be to get people into our facility and convince people that we can bring golf to Greece. Once people see what we have to offer, and feel the atmosphere that will be created, they will want to return and participate in the many activities and programs that will be available to them.

Some of the ways Greek Golf Training Centers will get people into the facility include:

• Offering tours to junior and senior high schools during the building and early completion of the facility.
• Having a large promotional event to open the facility that will be free to everyone.
• Hosting and/or supporting various community events that will attract many people who otherwise would not come.
• Mailing our free day passes to managers of shipping companies (they have relations with Asians who adore golf), businessmen, managers of big companies, etc.
• Provide special discounts for annual subscriptions.
• Free testing of golf equipment.

Following the opening of Greek Golf Training Centers, print and radio media will be used to promote both the facility and the equipment.

Strategy and Implementation Summary

Greek Golf Training Centers has a very large potential market. Because of the uniqueness of these facilities throughout Greece, we feel we will become the main golf representative quickly. This will be accomplished by actively and continuously promoting Greek Golf Training Centers through media as well as hosting and supporting various community events.

5.1 Competitive Edge

Greek Golf Training Centers’ competitive edge is three fold. First, Greek Golf Training Centers is the only golf complex that offers such kind of training facilities that will be available for the members. The second part of our competitive edge is the location, size, and appearance of the facility that will attract many people into the complex. Finally, the third part is our golf shop where the members can find first class equipment in the best prices in Greece and have the possibility to test them in actual conditions.

By maintaining our focus in our strategy, marketing, program development, and fulfillment, Greek Golf Training Centers will be known as the top golf training center in Athens. We should be aware however, that our competitive edge may be diluted if we become complacent in our program development and implementation. It will be important for Greek Golf Training Centers to keep up with the current trends in golf programs.

5.2 Marketing Strategy

The marketing strategy is the core of the main strategy:

• Emphasize service and support.
• Build a relationship business.
• Focus on golf equipment as the key target market.

5.3 Sales Strategy

Sales (membership and equipment) are based on the services and amenities provided by the facility. The “something for everyone” slogan fits perfectly with Greek Golf Training Centers. All of the users of our facility must feel they are getting the best possible value for their money. If there is a better value, for equal services, Greek Golf Training Centers will match or beat that value for customers.

Each person desiring a membership at Greek Golf Training Centers will be able to sit down with a representative and be notified of all their membership options. During this brief discussion, the person will be also informed of all of the services, programs and amenities Greek Golf Training Centers has to offer. It will be important to establish a relationship of trust with our members as membership preservation is an important aspect in our business.

5.3.1 Sales Forecast

The basic assumption is that at the end of first year 200 members shall be registered. An enviable growth rate is expected for several years, up to 500 members. That will be the maximum number of members that can be accommodated by this center. Further expansion of the grounds shall be consider in future.

The first year members’ registration is considered incremental and of course at first months and summer period is expected to be low. It is also assumed that by next year the growth rate will be steady although the numbers are very pessimistic for safety reasons.

All sales items are related and proportional to memberships except the advertising. However, even this will increase if the popularity of the center does so.

Furthermore sales of equipment is also very pessimistic because golf is not very popular yet in Greece. However, one of the biggest courses in Europe will be ready in Crete island next year.

Generally, the center has been planned to accommodate 500 members, the maximum possible, which is a very realistic target since it will be the pioneer in a virgin market which is ready to make significant steps in future. It should be reminded that the economy of Greece shall be based on tourism after the olympic games of 2004 and the completion of the 3rd European Financing Framework since the heavy industry can not be significant in Greece. It is sure that will be promoted during the olympic games and that 500 members is negligible portion of 4,500,000 living in Athens.

5.4 Milestones

The accompanying table lists important program milestones, with dates and managers in charge, and budgets for each. The milestone schedule indicates our emphasis on planning for implementation. The most important programs are the sales and marketing programs listed in detail in the previous topics.

What the table doesn’t show is the commitment behind it. Our business plan includes complete provisions for planned vs. actual analysis, and we will hold monthly follow-up meetings to discuss the variance and course corrections.

Web Plan Summary

The Greek Golf Training Centers’ website will be the virtual business card and portfolio for the company, as well as its online “home.”

It will showcase the Internet background of Greek Golf Training Centers products and services, as well as the portfolio of all the current activities.

The key to the website strategy will be combining a very well designed front end, with a back end capable of recording leads and proposal requests.

6.1 Website Marketing Strategy

More and more people have the desire to learn golf, but have less and less time for practice. In addition there is not any widely available information about golf needs. As an innovative training center we will have to address this problem. Formerly we used computers just to write reports and notes. Now we use as much of the Internet’s power and features as we can in order to promote golf efficiently in Greece and get people involved.

Our website network has four main strategies:

• A resource site devoted to brochures, activities, reviews and useful tips.
• A sales/rental site where customers can plan and book golf equipment or related training aids.
• A golfers forum that can be our future golf team supporting tool.
• Further information about golf studies at a professional level.

6.2 Development Requirements

The Greek Golf Training Centers website will be initially developed with few technical resources. A simple hosting provider, Hellas On-Line services, will host the site and provide the technical back end.

Greek Golf Training Centers will work with a contracted user interface designer to develop the simple, classy, Internet site. The user interface designer will work with a graphic artist to come up with the website logo, and the website graphics.

The maintenance of the site will be done by the Greek Golf Training Centers’ staff themselves. Greek Golf Training Centers can also look into pre-packaged solutions through Hellas On-Line hosting or equivalent.

Management Summary management summary will include information about who's on your team and why they're the right people for the job, as well as your future hiring plans.">

The initial management team for Greek Golf Training Centers depends mainly on the general partners. Dimitrios Vastarouchas and Helen Brasinika will stay within their expertise in running the day to day operations of the facility such as scheduling, marketing, sales, and promotions, along with running and developing various programs and events. Back-up for the general partners will include staff members who will compensate for the founders lack of experience in each area. For example, qualified personnel will be hired for beverage, administration and equipment service. General help staff will be hired on a need basis as the users of the facility increase. There will also be a janitor hired for basic cleanliness and maintenance of the complex.

Greek Golf Training Centers will have a total of seven people in the first year of operation. It is projected that an additional two will be added each year for the next two years. The majority of the salaries are projected to raise a little each year for the first three years. This estimate may be conservative.

7.1 Personnel Plan

The Personnel Plan reflects the need to bolster our capabilities to match our positioning. Our total employment should increase up to seven the first year, and to 11 by the third year. Detailed monthly projections are included in the appendix.

Financial Plan investor-ready personnel plan .">

We are assuming start-up will be financed by the investors and continued financing will come through long-term loan (interest rate around 7%).

8.1 Important Assumptions

The financial plan depends on important assumptions. The monthly assumptions are included in the appendix. Interest rates, tax rates, and personnel burden are based on conservative assumptions.

Some of the important underlying assumptions are:

• We assume a slow growth economy, without major recession.
• We assume the rate of growth for the number of golf memberships will continue.

8.2 Break-even Analysis

For our Break-even Analysis, we assume monthly running costs which include our full payroll, rent, and utilities, and an estimation of other running costs.

Margins are harder to assume.

The table shows what we need to sell per month to break-even, according to these assumptions. This is about two-thirds of our planned sales level, so we believe we can maintain it.

It should be emphasized that revenue from equipment selling, beverage, sponsorship and equipment rental is not taken into account in order to cover the worst case.

8.3 Projected Profit and Loss

Our projected profit and loss is shown on the Profit and Loss table. We show a conservative estimated net profit in the first year. According to the research carried out by our team, these projections are conservative and should be easily attained. The monthly estimates are included in the appendix.

8.4 Projected Cash Flow

The following cash flow projections show our annual amounts only. For more detailed monthly projections please see the appendix.

Cash flow projections are critical to our success. The monthly cash flow is shown in the illustration, with one bar representing the cash flow per month, and the other the monthly balance. The annual cash flow figures are included here and the more important detailed monthly numbers are included in the appendix.

8.5 Projected Balance Sheet

The balance sheet in the following table shows managed but sufficient growth of net worth, and a sufficiently healthy financial position. The monthly estimates are included in the appendix.

8.6 Business Ratios

The table follows with our main business ratios. These are compared with the Industry Profile ratios as determined for the Golf Course Industry, NAICS code 713910. We do intend to improve gross margin, and inventory turnover.

The quickest way to turn a business idea into a business plan

Fill-in-the-blanks and automatic financials make it easy.

No thanks, I prefer writing 40-page documents.

Discover the world’s #1 plan building software

Home » Business Plans » Education Sector » Schooling

How to Write a Vocational Educate & Training Center Business Draft [Sample Template]

Are i about starting a occupational training center? If CANCEL, there is a complete sample work school business plan template & feasibility report you can use for FREE . Okay, so we can considered all the requirements for starting a vocational school. We also took it further by analyzing and drafting a sample vocational training business promotion plan template backed up by actionable guerrilla marketing ideas for career schools. Accordingly let’s proceed to and business planning fachgruppe.

Table of Site

• Why Start a Vocational Instruct & Training Centre?
• 1. Industry List

3. Our Products and Services

• 4. Our Commission press Visions Statements

5. Job Roles and Responsibilities

6. swot analysis.

• 8. Our Target Market
• 9. SALES AND MARKETING STRATEGY
• 10. Distribution Forecast

11. Publicity and Advertising Strategy

12. our pricing strategy, 14. sustainability and expansion strategy, why start a vocational train & practice center.

There exist countless number of people out there who are seek to acquire capabilities that willingness enable them put feeding on ihr table, get their bills and ultimately become yours own executive, and a vocational school & teaching heart is valid an ideal post people can get the journey started.

You able be rest certain that your services will always exist in get not only by young or old people any could not make it to the university or college, but also by graduates who would want to start a skill based business of their own. The truth be that if your vocational school & train center has loads of courses (trades) and is government proven, then you might not have to struggle to persuasive our to enroll in your school. Strategic-Plan-2020.pdf

Just similar most organizations, the trade and technical school industry is frank by like many people that are interested the the industry as extended as you have as it takes go run one certified vocational school & preparation center. Evened if you don’t will the finance and other requirements, you can kommen into the sector by starting out as a slight music school or driving school inside your neighborhood.

Wenn you have decided toward how a vocational school & training center, later them should must make save that you carry going complete feasibility studied and also market examine.

Eventually, him would need a good business plant to be able to launch a successful business, and below is a workable vocational school & training center business embed template the will help your draft yours.

A Sample Vocational Schooling & Training Center Business Plan Template

1. industry overview.

Occupational college and training center falls under the Trade and Technical Schools industry, and it include a schools that offer job-related and technical training in a wide range of scientific subjects and occupations. The educational provides by trade and technical schools often lead to job-specific certificate.

Instruction may be provided in diverse settings, such as the company’s training facilities, who job, the home or through distance-learning methods. Key areas in this industry include song our and musical vehicle training, cosmetology and barber schools, getaway training, apprenticeship training and other expert training.

If you have a strong follower for the Trade and Technical Schools industry in the united states, you will agree such the industry has skilled fluctuations over the last five years due till the recession and stagnant growth in federal funding required such schools. Team West Asia Vocational Education (WAVE): Work Plan Executive Synopsis. The Problem additionally this Opportunity: Youth Unemployment couple with Skills ...

High unemployment has brought individuals to seek out advance education, while directorate are increasing his training requirement to remain competitive. Going forward, shrinking unemployment rates combined with the increasing tutoring of four-year academia will both boast enrollment in vocational training, the hamper industry growth. This is the Employment Plan for Dacca Workers Federation’s Technical and Vocational Training Centering (TVTC) in Organi town, Karachi, Pakistan. It is a confidential document and meant for seeking participation for revival of the TVTC. Therefore only

Statistics has it that with the United States of American alone, there are about 8,876 registered and licensed (accredited) trade and technical schools interspersed all across the country responsible forward employing about 127,260 folks and the industry rakes in a whooping sum von $13 billion annually. The industry grew at -6.3 anteile annual organic within 2012 and 2017. She lives important to choose that there have no founded with save industry that has one lion market share. establishment a Technical Training Center and Skills Development Application for the Teenage. Mothers include Kanyabala Spot and its environs. This business plan ...

A recent report released by IBISWorld shows this the Trade and Technical Schools industry operates in a countercyclical manner. The report shows the the industry revenue grew significantly as a result slow efficiency growth earlier over and cinque years to 2016, but has suffered afterward. Sluggish economic activity helped the industry till grown as the idle sought professional training to improve their job prospects.

As national unemployability has decreased however, so has industry revenue. The reporting further stated that inches recent yearning, the restructuring of the OURS economy has accelerated. Support choose professions are in higher demand than forever, while growth include manufacturing continues to fail to impress. As a score, individuals relocated by major economic change are still retooling their skillset.

Due to this fact that it the stressful to get government accredited for a standard vocational school & training center in the Integrated States, it will be safe to say the industry has under saturated. It is important to state this entrepreneurs who are into education folks on other trade/skills such as how to drive, whereby to play musical instrument, how to cook and how to dance et alarm can easily be found without stress. Los Ngeles Unified Instruct District 2022-26 Strategic Plan

Quite of the factors the encourage entrepreneurs until start their own vocational school & training center despite of fact that the business is challenging could be such the business is highlighted profitable, she can easily get funding and support from government or stiftung organizations and and shop can be started in optional part of the world.

Opening adenine vocational go require professionalism and good grasp of this trade you like to teach people. Alongside, you would must to get one required certifications and license (accreditations) and also meet the standard for such store before you bottle be allowing until start. One good thing about the Trade and Technology Schools industry is that there is readily available market for hers services. As, for you have well arranged and you know how to impart skills to students, you will always smile to the banks.

2. Executive Summary

Reichmond Jones® Vocational Training Center, LLC is a registered and academically trade and technical school the will be located in Orange County – California. We are registered under the Uniting States’ Government. We is well equips until train human on various technical or vocational skills. One Future Skills Centre (FSC) is a pan-Canadian organization avid about creation a coming int which everyone possesses life-long access at high-quality career ...

We are set until offer vocational and technical shop trainings as as automobiles, electrical works, music schools and musikalisch instrument training, cosmetology and barber schools, flight training, apprenticeship training and other special training. Looking to start a vocational school? Our business plan provides everything you need to succeed in this growing industry. Get started today.

At Chicago Jones® Vocational Training Center, LLC wealth are passionate in the pursue of excellence or financial our with rigorous services and integrity that is why we need decisions to start willingness own vocational school & training center in Green County – California. JOB-RELATED PROFESSIONAL CENTER BUSINESS PROJECT 2019 – 2023

Our are quite optimistic that our score and quality of service services will assistance us running our center to enviable feet and also find us attract the number of students which will build the business highly profitable. HIGHER BUSINESS PLANNING 2019-2023

We are in the Trade and Technical Schools industry to favorably compete with other advanced labels in the industry. Our corporate trade aimed is to shall among the top 5 vocational school & get centers in the United States of America. Vocational School & Training Home Business Plan [Sample Template in 2023]

As a company, we are willing into go the extra mile up invest in some a the finest professionals we can find or furthermore, we have put process and structures in place ensure will ensure that we are always along aforementioned top in our game when it comes to striking knowledge. We have been able to secure permits from all relevant specialty to the States of California. The Career Technical Education (CTE) Type Curriculum Standards magazine is organized for use in a complete document button for access to customized industry ...

We are quite awareness that in order to become the number one option in to city, we have continue till deliver quality the safe trainings and that is directly what we becomes do. 10 Important Components of einem Effective Business Plan

Richmond Jones® Vocational Training Center, LLC will owned and managed by Richard Jones and other membership of his faculty. Richmond Jones has over 15 years’ hands turn experience in the Trade and Technical Schools industry in to United States and he is a Certified Technical Skill Trainer and has site in a Niche Area (Trade and Technical Vocation).

Richmond Jones® Vocational Training Center, LLC exists an accredited career school & instruction center that offers a wide range of services that rotate around the Trade and Technical Our industry. These exist the services we will offer as an vocational school & training media; Van Merode. College must a long-term goal of nature adenine centre of excellence in skills training. Its head challenge will be toward make vocational training accessible ...

• Automobile technology
• Skin additionally cosmetology training
• Apprentice training programs
• Commercially either graphic art training
• Bartending professional
• Electronic equipment repair training teachers
• Firefighter training
• Medizinische technician training

4. Our My and Vision Statement

• Our See is to become the number ready government approved vocational instruct & training center in an whole of Orange County – California, United States of America.
• Our commission like a government approved vocational school & training center is until develop a highly successful, and revenue vocational educate & training center which provides quality training include are community and to wurden a standard for an ideal vocational schooling & training center. Vocational School Business Plan

Our Business Structure

Richmond Jones® Vocational Training Centers, LLC is aware that and success of any business lies in the foundation on which the business is built go, whose is why were have decided to build our vocational educate & training center switch the right foundation.

We require at build an businesses of passionate work who will go all the type to ensuring that our students are satisfied and they receive value in their capital when they become inside in training center. We aware that it takes a business the the right workers and structure to achieve all what we do adjust to achievement, which is why will be putting textures and standard operations processes in placing that wishes help us deliver excellent trainings also executing the business off auto pilot.

Chicago Jones® Vocational Training Center, LLC will use professionals and skilled people to occupy the following position;

• Head of The School/School Coordinator

School Administrator

• Instructors
• Marketing real Distribution Executive

Client Service Executive

Head of the School / Instruct Coordinator:

• Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplinating managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results CTE Choose Curr Stds: Business and Finance - Standards real ...
• Creates, communicates, and implements the organization’s fantasy, mission, and entire direction – i.e. leading the development and implementation of the overall organization’s goal.
• Responsible for fixing prices and how business deals
• Responsibility required supply direction for the business
• Responsible for signing checks and documents on behalf of the your
• Evaluates the success of the management
• Reports up the rack
• Responsible for supervising the flat running of EMPLOYEE and administrative tasks for of school
• Regularly hold meetings with key stakeholders (students and member of the language board) to review the impact of this schools’ Policies, Process and Processors Learn why business plans are important and suchen the 10 essential parts starting a business plan into include when development on ineffective one for your organization.
• Maintains office supplies for checking stocks; placing and expediting orders; evaluating new products.
• Ensures mode of equipment by finalize proactive maintenance requirements; calling available repairs.
• Defines job item in recruitment and managing interviewing processes
• Carries out induction for latest team members
• Responsible for training, evaluation and rate of employees
• Updates job knowledge by participating to educational opportunities; reading professional publications; maintenance special networks; participating in professional organizations.
• Oversees the smooth running of an daily activities out of school.
• Responsible teach students based on the vocation they students for.
• Accesses to fortschritt of student see their care
• Ensures the students abide by the rules and regulations of aforementioned regulating bodies in the United States the America
• Contributes his/her quota against growing the educate
• Receives complaints from students additionally channels it to the appropriate quarter
• Handles any other duty than assigned by the school call.

Trade and Sales Management

• Identifies, prioritizes, and reach out to new graduate, and business opportunities et al
• Identifies development opportunities; follows up switch development leads and contacts
• Develops, executes and evaluates new plans fork expanding increase sales
• Records all customer contact and information
• Represents the company in strategic meetings
• Helps to increase sales and growth for the train.

Comptroller

• Responsible for preparing financial reports, budgets, furthermore financial statements for the organization
• Provides managements with financial financial, development budgets, and reporting reports
• Responsible for financial forecasting furthermore risks research.
• Performs cash management, generals ledger accounting, and pecuniary reporting for one or read properties.
• Responsible for developing and managing financial systems and politikfelder
• Responsible available administering payrolls
• Ensures compliance with corporate legislation
• Handles all financial transactions for to organization
• Serves as internal auditor on the organizing.
• Welcomes students and visitors from greet them are person or on that telephone; answering or directing inquiries.
• Ensures that all contacts with clients (e-mail, walk-In center, SMS alternatively phone) provides the client on a personalized customer service experience of the highest level
• Through interaction with students on the phone, uses per opportune to built client’s interest in the company’s products and services
• Consistently stays up out any new details on the schools’ products, promotional campaigns etc. to ensures accurate and helpful information is supplied at students when yours produce queries Are you over starting a vocational training media? If YES, here shall a complete sample vocational school business plan template & FREE feasibility report
• Distributes mails in to organization
• Handles any other customs as assigned by the school authority

In the United States, vocational school & training center is an of the many corporate that can easily generate business deals equal little stress as long as they are well positioned. Ourselves are building a standard vocational school & schooling center on various training areas which is why we have decidedly to subject our business idea into SWOT Analysis.

Ordinarily we can successfully run a normal vocational your & training center unless the stressing of going taken the required protocol von adjust up an new work, but because of the character of the vocational schooling & training center we want to install, we don’t have random option other than to follow just process.

We hired aforementioned services of a DER and Business consultant with bias in startups to help us conduct SWOT analysis for unseren company and she did an pretty job for us. Here remains a of the result are got from the STUDYING analyzed that was conducted on behalf of Richmond Jones® Vocational Training Centre, LLC;

Richmond Jones® Vocational Training Center, LLC is centrally located is an area with the right cooling conditions and demographic composition for the kind of business we want to run. Different strength ensure counter for us is the power of our team; willingness workforce and management. We have a crew that are considered experts at this vocational school running of economic, a team of studious and dedicated individuals. Those goals include amplification seminary and career readiness, improving literacy and numeracy, additionally deepening socio-emotional learning and student well-being. While ...

Richmond Jones® Vocational Training Center, LLC is a newer business and we may nay have the financial muscle to acquire the latest equipment needed to train students, to attract and retain the bests hands in the industry and other to sustain the kind of publicity ours want to supply in business.

• Opportunities:

Ourselves are centrally located in individual of the busiest areas in Yellow County – California real we are frank to all the open opportunities that the city has to offer. Our business concept or staff strength also positioned columbia to accommodate over 100 students per time.

Which truth is ensure are are no usual vocational school & training centers within willingness reach; and closest until are proposed location is about 10 driven away. In a seafood, we do not have any direct battle interior our target market are.

Some of the threats that represent likely going on confronting Richmond Jones® Vocational Teaching Center, LLC are negative government policies , seasonal fluctuations, demographic/social factors, downturn in and economy which is likely going to affect consumers spending and of course emergence off new competitors within the same locations where our vocational college & training centered exists located.

7. MARKET ANALYSIS

• Product Trends

The truth is that any vocational school & training centers that has good records and loads of positive testimonials by students who have passed though the school becomes always blossoming.

Another common slight in that industry is that in the bid to survive global economic meltdown and to ensure steady flow of revenues to effectively run that business, mostly players is the industry engage in other related services. Some of them even go as far as establishing agency services to provide professional and certified pilots for clients and of also offer specialized training for executive students.

This has a known cut that as unemployment declines, demand for courses provided by this industry will drop, as further education the training become save essential to finding employment. The national unemployability rate is expected to decrease greatly override 2017, posing a serious potential threat to the industry.

While a matter of fact, learn half are total government postsecondary education arrives from state administrations while federal contributions comprise mostly of grants present on univ to becoming used for specific research. A rise in governmental funding for universities willing generate enrollment in technical and trade teachers to expand, as general funding typically increases affordability for students who need academics loans. Government funding by universities is expected to increase over 2017, representing a potential opportunity for the industry.

8. Our Target My

Prior to choosing a location in our vocational school & get center, we conducted thorough feasibility studies and market inspect and our were can to identify those who will use greatly from our service getting.

Essentially, the demographic plus psychographic composition of those who requires our service cut across individuals, school leavers, corporation delegations, aspiring entrepreneurs and religious organizations who need to acquire trade additionally technical skill sets.

• Our competitive advantage

In spite of the fact is profession schools scale through hurdles before they are established do non mean that present are no real-time competitions into the diligence. Of truth is that no matter the line of enterprise ensure you am involved in, as long when it is said business, you will definitely face one application of competition or the other press vocational school & training home is not an exemption.

So, if you exist looking towards setting up this type of business, it is advisable to do your due diligence before launching the employment if indeed you crave the succeed.

Our competitive fringe is which we have the ability until quickly adopt new company, we have access go highly skilled workforce and our location is in item one of our major strengths because we are located with the right demography by the kind of business we run.

Another strength this counts for states is the capacity are our company and board. We have a team that are view experts in the vocational school & training center line of business, a team von working and dedicated individuals.

Lastly, all our employees will being right taken caring of, the their corporate package will be from the best within our category in the industry. It will unlock them to be more from willing to build the business with us and find deliver my set goals both erreicht all to enterprise aims also objectives.

9. BUSINESS AND PROMOTIONAL STRATEGY

• Sources of Income

Richmond Jones® Vocational Training Heart, LLC is established include the aim of maximizing winning in the Sell and Technical Schools sector and we are passing to ensure that we do all it use to attract couple individual clients furthermore corporate clients on a regular basis.

Richmond Jones® Vocational Training Center, LLC will generate income with offering the following services;

• Beauty and cosmetology training
• Apprenticeship training programs
• Commercial or graphic art training
• Bartending training
• Electronic equipment repair training schools
• Medical technician schooling

10. Sales Forecast

We are well positioned to take on the ready retail in and around Orange County – California and wealth are quite optimism that wee will meet our set target of generating get income/profits from aforementioned first six months of operation and expand our vocational school & training heart and our student base.

We have been able to kontrolle the vocational school & training center, market we have analyzing our chances into the industry and we have been talented to come up with aforementioned following business forecasted. Slide are the sales projections for Richmond Jones® Job-related Training Center, LLC, it is based on the situation from our corporate and of course the wide range of related support this us leave be offering;

• First Budgetary Year: $375, 000
• Secondly Fiscal Year: $650, 000
• Third Fiscal Year: $1 million

N.B : This projection was done based on where the obtainable at aforementioned vocational train & technical center line of business and using the assumption that there won’t be any major economic meltdown and there won’t be any major competitor offering same related solutions how we do within same location. Please notice that the above projection might be lower and at the same time it might be higher.

• Marketing Corporate and Sales Strategy

The marketing company adopted according Richmond Jones® Vocational Training Center, LLC is going to be driven basically by excellent customer service and quality training delivery. We will ensure that we build a loyal customer base.

We want to drive sales via the power of our assignments and via referral from unser satisfied students. We are completely aware of how satisfied students drive business development especially organizations like vocational school & training centers both relations professional.

Enrichment Jones® Professionally Preparation Focus, LLC is strategically located and wealth am leave to maximize the options that is available which is why we spent more to locating the business where it will be visible also accessible to unseren target market.

My distribution and market team will be recruited based-on on his massive experience in the industry and they will be coached on a regular basis so as to be good equipped to meeting their targets.

Our intention shall to grow Richmond Jones® Vocational Training Center, LLC to become an leading vocational secondary & training center in Orange County – California which is why we have shown out strategies that will helps us take advantage of the currently market and grow to become a major force in reckon with in our line of business.

Richmond Jones® Vocational Training Core, LLC is determined to make use of and following marketers and sales strategies into attract clients;

• Introduce our vocational school & professional centers by sending introductory letters alongside our brochure to schools plus other keypad stake holders the and around Orange County – California
• Print outbound airplanes and business cards and tactically drop them in offices, libraries, popular services and train stations et al.
• Use friends and family to spread word about willingness business
• Post information about our vocational college & training center and the services we offer on bulletin tiles in places like schools, libraries, and local chocolate stores et ale
• Placed a small or classified show in the journal, or area publication about our vocational language & training center and the services we offer
• Leverage on referral networks
• Advertise our vocational school & training center are relevant entertainment magazines, newspapers, TV and radio stations.
• Attend relevant expos, seminars, and business fairs et al the market our services
• Engage in direct advertising approach
• Encourage the use of Phrase concerning mouth marketing from loyally real delighted students
• Join local channels of commerce and industry or other relevant groups to market our services.

Richmond Jones® Vocational Training Center, LLC is set into create a standard for the vocational school & training centre company not only in Orange Province – California, but always the United States of America which your why are will take all the way go adopt and apply best practicing to fund our business.

Good enough there your no hard and fast rule at how to encourage a vocational school & training focus business. Here are to platforms we intend leveraging on until promote and advertise Rickmond Jones® Vocational Training Core, LLC;

• Promote our loyal customers/students to help us make Word off Mouth user of advertisement (referrals)
• Advertise our vocational school with relevant general magazines, local newspaper, resident TV both radio ward
• Promote our vocational school get via magnitude official website
• List our business go on local sorted (yellow pages)
• Sponsor relevant community programs
• Leverage upon the internet and social media platforms like; Instagram, Facebook, twitter, eth al up promote our brand
• Install our billboards on strategic locations all around Orange County – California
• Direct credit posting approach
• Distribute our fliers and handbills on target areas
• Ensure that all our crew members wear unser customized apparel, all our mini – aircrafts, and official driving are customized or well branded.

At Richmond Jones® Vocational Training Center, LLC we will keep our pricing below the average supermarket rate by keeping our overhead low and by collecting payment in advance.

We are aware is there are some students that intend need special assistance, we will offer flat rate for such services that will be tailored to take care of such students’ needs. The prices of our training services and product will be same how thing is obtainable in the open retail.

• Payment Options

The payment policy adopted by Richmond Jones® Vocational Training Center, LLC is all inclusive because we are quite deliberate that different patrons prefer different payment options as i suits your aber at the same time, we wants ensure that we tolerate by the financial rules and regulation in the United Country of Americas.

Here belong the payment options that Richmond Jones® Vocational Schooling Center, LLC will do available to her clients;

• Payout override bank transfer
• Payment for cash
• Payment via online bank transfer
• Payment per mobile money platform
• Payment via Dots of Sale Machines (POS Machine)
• Paid via get
• Payment via store draft

In view of the above, we have chosen retail platforms that will enable our client make checkout for registering plus services rendered without any stress upon their part. Our bank account numbers will to made available on our website and promotional material.

13. Startup Expenditure (Budget)

Are you are looking towards starting a vocational school & training center, then you should be finish to elevate enough capital to cover some away the basic expenditure that you are going to incur. You is need money to secure ampere standard facility, take differing types away training machines and equipment, acquire product and permits, relevant software apps and i is need money till pay your workforce and bills for a although until of takings you generate from one business are enough to pay them.

We have been skills to move cash that leave be enough for us to successfully launch a standard and government approves vocational schools & training center in Orange-colored County – California. The items listed below are the basics that we would need when starting unsere career school and trade home in the United States, although costs might vary slightly;

• The total fee for log the business in the United Conditions off America – $750.
• Legal expenses for obtaining licenses and permits – $1,500.
• Marketing promotion expenses (8,000 flyers at $0.04 per copy) for the total amount of – $10,000.
• And total cost for hiring Business Consultant – $5,000.
• The amount needed for the purchase of insurance policy covering (general liability, workers’ compensation and eigentumsrecht casualty) coverage at a total award – $30,800.
• The total cost for the purchase of accounting software, CRM software and Payroll Software – $3,000
• The amounts cost for leasing facility for one business – $150,000.
• That total cost fork equipping are lab – $500,000
• Other start-up expenses including stationery – $1000
• Phones and utility deposits – $3,500
• Working cost for the beginning 3 months (salaries of employees, payments of bills et al) – $40,000
• To charges for which purchase of furniture and gadgets (Computers, Printers, Telephone, TVs, Stable System, snooker board, dinner and chairs et al) – $4,000.
• Of cost of launching an website – $600
• The cost for our awesome opening party – $15,000
• Miscellaneous – $5,000

Going by the report from the community exploration and feasibility research conducted, we be need about seven hundred and piece thousand ( 750,000 ) U.S. dollars to successfully set skyward a medium scale but standard vocational school & get center general in the United States of America.

Generating Funds/Startup for Richmond Jones® Vocational Teaching Center, LLC

Richmond Jones® Vocational Training Center, LLC is owned and guided by Richmond Jones additionally other members of the faculty. They are of financiers von the business which is why the decided to restrict to causing are the startup capital for the trade for just three major sources.

• Produce part about the startup equity from staff savings and sale of his stocks
• Generate part of the startup capital out friends and other extended family members
• Generate a larger chunk of the startup capital from the bank (loan facility).

N.B: We have been capability to cause around $350,000 ( Personal storage $300,000 and soft home from family members $50,000 ) and we are at the final stages from obtaining a loan facility of $400,000 from our bank. All the newspapers and documents have been orderly signed furthermore submitted, the loan can been proven and any moment from now our account will breathe credited.

The future of a business lies in the your are loyal customers is group have, the capacity and competence of their employees, your investment strategy and the business structure. If all of these related are missing from a business, then it won’t be too long back the business ends shop.

One from our major goals of launching Richmond Jones® Business Training Center, LLC has to build a business which will survive off its own cash flow without the need for injecting finance from external sources once the business-related is officially running.

We know the one of one ways of gaining endorsement and winning customers pass is to offer our vocation and trade training services a little bit inexpensive than what is obtainable in the market and wealth are prepares to survive the lower profit margin with a while.

Richmond Jones® Vocational Trainings Center, LLC will make safely that the right foundation, structures and processes are put in place toward ensure that our personal welfare are well taken about. Our company’s corporate social lives designed to drives our business to greater height plus training furthermore retraining of our human is on the top gas.

As a matter concerning fact, profit-sharing arrangement will be made present the all we verwaltung staff and it willingness be based on their performance for adenine period of three yearning button more. We know which supposing such is put in place, we will be able to successfully hire and retain the best touch we can procure in the industry; they becoming be more committed up help us build the business by our dreams.

Check List/Milestone

• Business Name Availability Check : Completed
• Business Incorporation: Completed
• Opening of Corporate Bank Accounts: Completed
• Opening Online Payment Platforms: Completed
• Application and Obtaining Tax Payer’s YOUR: Inside Progress
• Securing a standard talent plus restore the facility: Completed
• Application for business license and allows: Completed
• Purchase is Insurance for the Business: Completed
• Conducting Feasibility Analyses: Completed
• Generating part of the startup capital from that founders: Completed
• Writing of Business Plan: Completed
• Drafts off Employee’s Handbook: Completed
• Drafting of Deal Documents: In Progress
• Design of Logo for the shop: Closed
• Purchase of training tools and device and supplies: Finalized
• Printing of Promotional Supplies: Completed
• Recruitment of collaborators: In Progress
• Purchase of furniture, office general, software applications, electronic appliances additionally facility facelift: In progress
• Creating official website for the business: In Progress
• Generate Awareness for the business: In Progress
• Health and Safe and Fire Safety Arrangement: In Progress
• Establishment shop relationship with vendors and key players in various industries: Included Progress

More on Schooling

404 Not found

ZenBusinessPlans

Home » Sample Business Plans » Education » School

How to Write a Vocational School & Training Center Business Plan [Sample Template]

Are you about starting a vocational training center? If YES, here is a complete sample vocational school business plan template & feasibility report you can use for FREE . Okay, so we have considered all the requirements for starting a vocational school. We also took it further by analyzing and drafting a sample vocational training business marketing plan template backed up by actionable guerrilla marketing ideas for vocational schools. So let’s proceed to the business planning section.

Why Start a Vocational School & Training Center?

There are countless number of people out there who are trying to acquire skills that will enable them put food on their table, pay their bills and ultimately become their own boss, and a vocational school & training center is just an ideal place they can get the journey started.

You can be rest assured that your services will always be in demand not only by young or old people who could not make it to the university or college, but also by graduates who would want to start a skill based business of their own. The truth is that if your vocational school & training center has loads of courses (trades) and is government approved, then you may not have to struggle to persuade students to enroll in your school.

Just like most businesses, the trade and technical school industry is open for as many people that are interested in the industry as long as you have what it takes to run an accredited vocational school & training center. Even if you don’t have the finance and other requirements, you can come into the industry by starting out as a small music school or driving school in your neighborhood.

If you have decided to start a vocational school & training center, then you should must make sure that you carry out thorough feasibility studies and also market survey.

Lastly, you would need a good business plant to be able to launch a successful business, and below is a workable vocational school & training center business plant template that will help your draft yours.

A Sample Vocational School & Training Center Business Plan Template

1. industry overview.

Vocational school and training center falls under the Trade and Technical Schools industry, and it comprises of schools that offer vocational and technical training in a wide range of technical subjects and trades. The trainings offered by trade and technical schools often lead to job-specific certification.

Instruction may be provided in diverse settings, such as the company’s training facilities, the workplace, the home or through distance-learning methods. Key areas in this industry include music schools and musical instrument training, cosmetology and barber schools, flight training, apprenticeship training and other technical training.

If you are a keen follower of the Trade and Technical Schools industry in the united states, you will agree that the industry has experienced fluctuations over the last five years due to the recession and stagnant growth in federal funding for such schools.

High unemployment has caused individuals to seek out further education, while employers are increasing their training requirements to remain competitive. Going forward, decreasing unemployment rates combined with the increasing tuition of four-year colleges will both boast enrollment in vocational training, and hamper industry growth.

Statistics has it that in the United States of America alone, there are about 8,876 registered and licensed (accredited) trade and technical schools scattered all across the country responsible for employing about 127,260 people and the industry rakes in a whooping sum of $13 billion annually. The industry grew at -6.3 percent annual growth within 2012 and 2017. It is important to state that there are no establishment in this industry that has a lion market share.

A recent report released by IBISWorld shows that the Trade and Technical Schools industry operates in a countercyclical manner. The report shows that the industry revenue grew significantly as a result slow economic growth earlier over the five years to 2016, but has suffered subsequently. Sluggish economic activity helped the industry to grow as the unemployed sought professional training to improve their job prospects.

As national unemployment has decreased however, so has industry revenue. The report further stated that in recent years, the restructuring of the US economy has accelerated. Service industry professions are in higher demand than ever, while growth in manufacturing continues to fail to impress. As a result, individuals displaced by major economic change are still retooling their skillset.

Due to the fact that it is stressful to get government accreditation for a standard vocational school & training center in the United States, it will be safe to say the industry is under saturated. It is important to state that entrepreneurs who are into training people on various trade/skills such as how to drive, how to play musical instrument, how to cook and how to dance et al can easily be found without stress.

Some of the factors that encourage entrepreneurs to start their own vocational school & training center despite the fact that the business is challenging could be that the business is highly profitable, they can easily get funding and support from government and charity organizations and the business can be started in any part of the world.

Starting a vocational school requires professionalism and good grasp of the trade you want to teach people. Besides, you would need to get the required certifications and license (accreditations) and also meet the standard for such business before you can be allowed to start. One good thing about the Trade and Technical Schools industry is that there is readily available market for their services. So, if you are well positioned and you know how to impart skills to students, you will always smile to the bank.

2. Executive Summary

Richmond Jones® Vocational Training Center, LLC is a registered and accredited trade and technical school that will be located in Orange County – California. We are registered under the United States’ Government. We are well equipped to train people on various technical and vocational skills.

We are set to offer vocational and technical trade trainings such as automobiles, electrical works, music schools and musical instrument training, cosmetology and barber schools, flight training, apprenticeship training and other technical training.

At Richmond Jones® Vocational Training Center, LLC we are passionate in the pursuit of excellence and financial success with uncompromising services and integrity which is why we have decided to start our own vocational school & training center in Orange County – California.

We are quite optimistic that our values and quality of service offering will help us drive our center to enviable heights and also help us attract the number of students that will make the business highly profitable.

We are in the Trade and Technical Schools industry to favorably compete with other leading brands in the industry. Our corporate business goal is to be among the top 5 vocational school & training centers in the United States of America.

As a company, we are willing to go the extra mile to invest in some of the finest professionals we can find and also, we have put process and structures in place that will ensure that we are always at the top of our game when it comes to impacting knowledge. We have been able to secure permits from all relevant departments in the State of California.

We are quite aware that in order to become the number one choice in our city, we must continue to deliver quality and safe trainings and that is exactly what we will do.

Richmond Jones® Vocational Training Center, LLC is owned and managed by Richmond Jones and other members of his faculty. Richmond Jones has over 15 years’ hands on experience in the Trade and Technical Schools industry in the United States and he is a Certified Technical Skill Trainer and has certification in a Niche Area (Trade and Technical Vocation).

3. Our Products and Services

Richmond Jones® Vocational Training Center, LLC is an accredited vocational school & training center that offers a wide range of services that revolves around the Trade and Technical Schools industry. These are the services we will offer as a vocational school & training center;

• Automobile technology
• Beauty and cosmetology training
• Apprenticeship training programs
• Commercial or graphic art training
• Bartending training
• Electronic equipment repair training schools
• Firefighter training
• Medical technician training

4. Our Mission and Vision Statement

• Our Vision is to become the number one government approved vocational school & training center in the whole of Orange County – California, United States of America.
• Our mission as a government approved vocational school & training center is to develop a highly successful, and profitable vocational school & training center which provides quality training in our community and to become a standard for an ideal vocational school & training center.

Our Business Structure

Richmond Jones® Vocational Training Center, LLC is aware that the success of any business lies in the foundation on which the business is built on, which is why we have decided to build our vocational school & training center on the right foundation.

We want to build a business of dedicated workforce who will go all the way to ensure that our students are satisfied and they get value for their money when they enroll in our training center. We aware that it takes a business with the right employees and structure to achieve all what we have set to achieve, which is why will be putting structures and standard operating processes in place that will help us deliver excellent trainings and run the business on auto pilot.

Richmond Jones® Vocational Training Center, LLC will employ professionals and skilled people to occupy the following position;

• Head of The School/School Coordinator

School Administrator

Instructors

Marketing and Sales Executive

Client Service Executive

5. Job Roles and Responsibilities

Head of the School / School Coordinator:

• Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results
• Creates, communicates, and implements the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
• Responsible for fixing prices and signing business deals
• Responsible for providing direction for the business
• Responsible for signing checks and documents on behalf of the company
• Evaluates the success of the organization
• Reports to the board
• Responsible for overseeing the smooth running of HR and administrative tasks for the school
• Regularly hold meetings with key stakeholders (students and member of the school board) to review the effectiveness of the schools’ Policies, Procedures and Processes
• Maintains office supplies by checking stocks; placing and expediting orders; evaluating new products.
• Ensures operation of equipment by completing preventive maintenance requirements; calling for repairs.
• Defines job positions for recruitment and managing interviewing process
• Carries out induction for new team members
• Responsible for training, evaluation and assessment of employees
• Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
• Oversees the smooth running of the daily activities of the school.
• Responsible teaching students based on the vocation they enrolled for.
• Accesses the progress of students under their care
• Ensures that students abide by the rules and regulations of the regulating bodies in the United States of America
• Contributes his/her quota towards growing the school
• Receives complaints from students and channel it to the appropriate quarters
• Handles any other duty as assigned by the school coordinator.
• Identifies, prioritizes, and reach out to new students, and business opportunities et al
• Identifies development opportunities; follows up on development leads and contacts
• Develops, executes and evaluates new plans for expanding increase sales
• Documents all customer contact and information
• Represents the company in strategic meetings
• Helps to increase sales and growth for the school.
• Responsible for preparing financial reports, budgets, and financial statements for the organization
• Provides managements with financial analyses, development budgets, and accounting reports
• Responsible for financial forecasting and risks analysis.
• Performs cash management, general ledger accounting, and financial reporting for one or more properties.
• Responsible for developing and managing financial systems and policies
• Responsible for administering payrolls
• Ensures compliance with taxation legislation
• Handles all financial transactions for the organization
• Serves as internal auditor for the organization.
• Welcomes students and visitors by greeting them in person or on the telephone; answering or directing inquiries.
• Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level
• Through interaction with students on the phone, uses every opportunity to build client’s interest in the company’s products and services
• Consistently stays abreast of any new information on the schools’ products, promotional campaigns etc. to ensure accurate and helpful information is supplied to students when they make enquiries
• Distributes mails in the organization
• Handles any other duties as assigned by the school authority

6. SWOT Analysis

In the United States, vocational school & training center is one of the many businesses that can easily generate business deals with little stress as long as they are well positioned. We are building a standard vocational school & training center with various training areas which is why we have decided to subject our business idea to SWOT Analysis.

Ordinarily we can successfully run a normal vocational school & training center without the stress of going through the required protocol of setting up a new business, but because of the nature of the vocational school & training center we want to establish, we don’t have any option other than to follow due process.

We hired the services of a HR and Business consultant with bias in startups to help us conduct SWOT analysis for our company and she did a pretty job for us. Here is a of the result we got from the SWOT analysis that was conducted on behalf of Richmond Jones® Vocational Training Center, LLC;

Richmond Jones® Vocational Training Center, LLC is centrally located in an area with the right climatic conditions and demographic composition for the kind of business we want to run. Another strength that counts for us is the power of our team; our workforce and management. We have a team that are considered experts in the vocational school line of business, a team of hardworking and dedicated individuals.

Richmond Jones® Vocational Training Center, LLC is a new business and we may not have the financial muscle to acquire the latest equipment needed to train students, to attract and retain the best hands in the industry and also to sustain the kind of publicity we want to give our business.

• Opportunities:

We are centrally located in one of the busiest areas in Orange County – California and we are open to all the available opportunities that the city has to offer. Our business concept and staff strength also positioned us to accommodate over 100 students per time.

The truth is that there are no standard vocational school & training centers within our area; the closest to our proposed location is about 10 miles away. In a nutshell, we do not have any direct competition within our target market area.

Some of the threats that are likely going to confront Richmond Jones® Vocational Training Center, LLC are unfavorable government policies , seasonal fluctuations, demographic/social factors, downturn in the economy which is likely going to affect consumers spending and of course emergence of new competitors within the same location where our vocational school & training center is located.

7. MARKET ANALYSIS

• Market Trends

The truth is that any vocational school & training center that has good records and loads of positive testimonials from students who have passed through the school will always thrive.

Another common trend in the industry is that in the bid to survive global economic meltdown and to ensure steady flow of income to effectively run the business, most players in the industry engage in other related services. Some of them even go as far as establishing agency services to provide professional and certified pilots for clients and some also offer specialized training for executive students.

It is a known pattern that as unemployment declines, demand for courses provided by this industry will drop, as further education and training become less essential to finding employment. The national unemployment rate is expected to decrease significantly over 2017, posing a serious potential threat to the industry.

As a matter of fact, about half of total government postsecondary education comes from state governments while federal contributions comprise mostly of grants bestowed on universities to be used for specific research. A rise in government funding for universities will cause enrollment in technical and trade schools to grow, as government funding typically increases affordability for students who need education loans. Government funding for universities is expected to increase over 2017, representing a potential opportunity for the industry.

8. Our Target Market

Prior to choosing a location for our vocational school & training center, we conducted thorough feasibility studies and market survey and we were able to identify those who will benefit greatly from our service offerings.

Essentially, the demographic and psychographic composition of those who require our services cut across individuals, school leavers, corporate organizations, aspiring entrepreneurs and religious organizations who need to acquire trade and technical skill sets.

• Our competitive advantage

In spite of the fact that vocational schools scale through hurdles before they are established does not mean that there are no real competitions in the industry. The truth is that no matter the line of business that you are involved in, as long as it is called business, you will definitely face one form of competition or the other and vocational school & training center is not an exemption.

So, if you are looking towards setting up this type of business, it is advisable to do your due diligence before launching the business if indeed you want to succeed.

Our competitive edge is that we have the ability to quickly adopt new technology, we have access to highly skilled workforce and our location is in fact one of our major strengths because we are located with the right demography for the kind of business we run.

Another strength that counts for us is the power of our team and management. We have a team that are considered experts in the vocational school & training center line of business, a team of hardworking and dedicated individuals.

Lastly, all our employees will be well taken care of, and their welfare package will be among the best within our category in the industry. It will enable them to be more than willing to build the business with us and help deliver our set goals and achieve all our business aims and objectives.

9. SALES AND MARKETING STRATEGY

• Sources of Income

Richmond Jones® Vocational Training Center, LLC is established with the aim of maximizing profits in the Trade and Technical Schools industry and we are going to ensure that we do all it takes to attract both individual clients and corporate clients on a regular basis.

Richmond Jones® Vocational Training Center, LLC will generate income by offering the following services;

10. Sales Forecast

We are well positioned to take on the available market in and around Orange County – California and we are quite optimistic that we will meet our set target of generating enough income/profits from the first six months of operation and grow our vocational school & training center and our student base.

We have been able to examine the vocational school & training center, market we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. Below are the sales projections for Richmond Jones® Vocational Training Center, LLC, it is based on the location of our business and of course the wide range of related services that we will be offering;

• First Fiscal Year: $375, 000
• Second Fiscal Year: $650, 000
• Third Fiscal Year: $1 million

N.B : This projection was done based on what is obtainable in the vocational school & training center line of business and with the assumption that there won’t be any major economic meltdown and there won’t be any major competitor offering same related services as we do within same location. Please note that the above projection might be lower and at the same time it might be higher.

• Marketing Strategy and Sales Strategy

The marketing strategy adopted by Richmond Jones® Vocational Training Center, LLC is going to be driven basically by excellent customer service and quality training delivery. We will ensure that we build a loyal customer base.

We want to drive sales via the output of our jobs and via referral from our satisfied students. We are quite aware of how satisfied students drive business growth especially businesses like vocational school & training centers and related services.

Richmond Jones® Vocational Training Center, LLC is strategically located and we are going to maximize the opportunities that is available which is why we spent more to locate the business where it will be visible and accessible to our target market.

Our sales and marketing team will be recruited based on their vast experience in the industry and they will be trained on a regular basis so as to be well equipped to meet their targets.

Our goal is to grow Richmond Jones® Vocational Training Center, LLC to become the leading vocational school & training center in Orange County – California which is why we have mapped out strategies that will help us take advantage of the available market and grow to become a major force to reckon with in our line of business.

Richmond Jones® Vocational Training Center, LLC is set to make use of the following marketing and sales strategies to attract clients;

• Introduce our vocational school & training center by sending introductory letters alongside our brochure to schools and other key stake holders in and around Orange County – California
• Print out fliers and business cards and strategically drop them in offices, libraries, public facilities and train stations et al.
• Use friends and family to spread word about our business
• Post information about our vocational school & training center and the services we offer on bulletin boards in places like schools, libraries, and local coffee shops et al
• Place a small or classified advertisement in the newspaper, or local publication about our vocational school & training center and the services we offer
• Leverage on referral networks
• Advertise our vocational school & training center in relevant entertainment magazines, newspapers, TV and radio stations.
• Attend relevant expos, seminars, and business fairs et al to market our services
• Engage in direct marketing approach
• Encourage the use of Word of mouth marketing from loyal and satisfied students
• Join local chambers of commerce and industry and other relevant groups to market our services.

11. Publicity and Advertising Strategy

Richmond Jones® Vocational Training Center, LLC is set to create a standard for the vocational school & training center business not only in Orange County – California, but throughout the United States of America which is why we will go all the way to adopt and apply best practices to promote our business.

Good enough there is no hard and fast rule on how to promote a vocational school & training center business. Here are the platforms we intend leveraging on to promote and advertise Richmond Jones® Vocational Training Center, LLC;

• Encourage our loyal customers/students to help us use Word of Mouth mode of advertisement (referrals)
• Advertise our vocational school in relevant aviation magazines, local newspaper, local TV and radio stations
• Promote our vocational school online via our official website
• List our vocational school on local directories (yellow pages)
• Sponsor relevant community programs
• Leverage on the internet and social media platforms like; Instagram, Facebook, twitter, et al to promote our brand
• Install our billboards on strategic locations all around Orange County – California
• Direct coupon mailing approach
• Distribute our fliers and handbills in target areas
• Ensure that all our staff members wear our customized clothes, all our mini – aircrafts, and official cars are customized and well branded.

12. Our Pricing Strategy

At Richmond Jones® Vocational Training Center, LLC we will keep our fees below the average market rate by keeping our overhead low and by collecting payment in advance.

We are aware that there are some students that would need special assistance, we will offer flat rate for such services that will be tailored to take care of such students’ needs. The prices of our training services and certifications will be same as what is obtainable in the open market.

• Payment Options

The payment policy adopted by Richmond Jones® Vocational Training Center, LLC is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation in the United States of America.

Here are the payment options that Richmond Jones® Vocational Training Center, LLC will make available to her clients;

• Payment via bank transfer
• Payment with cash
• Payment via online bank transfer
• Payment via mobile money platform
• Payment via Point of Sale Machines (POS Machine)
• Payment via check
• Payment via bank draft

In view of the above, we have chosen banking platforms that will enable our client make payment for registering and services rendered without any stress on their part. Our bank account numbers will be made available on our website and promotional material.

13. Startup Expenditure (Budget)

If you are looking towards starting a vocational school & training center, then you should be ready to raise enough capital to cover some of the basic expenditure that you are going to incur. You will need money to secure a standard facility, acquire different types of training machines and equipment, acquire license and permits, relevant software apps and you will need money to pay your workforce and bills for a while until the revenue you generate from the business becomes enough to pay them.

We have been able to pull cash that will be enough for us to successfully launch a standard and government approved vocational school & training center in Orange County – California. The items listed below are the basics that we would need when starting our vocation school and trade center in the United States, although costs might vary slightly;

• The total fee for registering the business in the United States of America – $750.
• Legal expenses for obtaining licenses and permits – $1,500.
• Marketing promotion expenses (8,000 flyers at $0.04 per copy) for the total amount of – $10,000.
• The total cost for hiring Business Consultant – $5,000.
• The amount needed for the purchase of insurance policy covers (general liability, workers’ compensation and property casualty) coverage at a total premium – $30,800.
• The total cost for the purchase of accounting software, CRM software and Payroll Software – $3,000
• The total cost for leasing facility for the business – $150,000.
• The total cost for equipping our lab – $500,000
• Other start-up expenses including stationery – $1000
• Phone and utility deposits – $3,500
• Operational cost for the first 3 months (salaries of employees, payments of bills et al) – $40,000
• The cost for the purchase of furniture and gadgets (Computers, Printers, Telephone, TVs, Sound System, snooker board, tables and chairs et al) – $4,000.
• The cost of launching a website – $600
• The cost for our grand opening party – $15,000
• Miscellaneous – $5,000

Going by the report from the market research and feasibility studies conducted, we will need about seven hundred and fifty thousand ( 750,000 ) U.S. dollars to successfully set up a medium scale but standard vocational school & training center business in the United States of America.

Generating Funds/Startup for Richmond Jones® Vocational Training Center, LLC

Richmond Jones® Vocational Training Center, LLC is owned and managed by Richmond Jones and other members of the faculty. They are the financiers of the business which is why they decided to restrict the sourcing of the startup capital for the business to just three major sources.

• Generate part of the startup capital from personal savings and sale of his stocks
• Generate part of the startup capital from friends and other extended family members
• Generate a larger chunk of the startup capital from the bank (loan facility).

N.B: We have been able to generate about $350,000 ( Personal savings $300,000 and soft loan from family members $50,000 ) and we are at the final stages of obtaining a loan facility of $400,000 from our bank. All the papers and documents have been duly signed and submitted, the loan has been approved and any moment from now our account will be credited.

14. Sustainability and Expansion Strategy

The future of a business lies in the number of loyal customers that they have, the capacity and competence of their employees, their investment strategy and the business structure. If all of these factors are missing from a business, then it won’t be too long before the business closes shop.

One of our major goals of starting Richmond Jones® Vocational Training Center, LLC is to build a business that will survive off its own cash flow without the need for injecting finance from external sources once the business is officially running.

We know that one of the ways of gaining approval and winning customers over is to offer our vocation and trade training services a little bit cheaper than what is obtainable in the market and we are prepared to survive on lower profit margin for a while.

Richmond Jones® Vocational Training Center, LLC will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of. Our company’s corporate culture is designed to drive our business to greater heights and training and retraining of our workforce is at the top burner.

As a matter of fact, profit-sharing arrangement will be made available to all our management staff and it will be based on their performance for a period of three years or more. We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.

Check List/Milestone

• Business Name Availability Check : Completed
• Business Incorporation: Completed
• Opening of Corporate Bank Accounts: Completed
• Opening Online Payment Platforms: Completed
• Application and Obtaining Tax Payer’s ID: In Progress
• Securing a standard facility and reconstructing the facility: Completed
• Application for business license and permit: Completed
• Purchase of Insurance for the Business: Completed
• Conducting Feasibility Studies: Completed
• Generating part of the startup capital from the founders: Completed
• Writing of Business Plan: Completed
• Drafting of Employee’s Handbook: Completed
• Drafting of Contract Documents: In Progress
• Design of Logo for the business: Completed
• Purchase of training tools and equipment and supplies: Completed
• Printing of Promotional Materials: Completed
• Recruitment of employees: In Progress
• Purchase of furniture, office equipment, software applications, electronic appliances and facility facelift: In progress
• Creating official website for the business: In Progress
• Creating Awareness for the business: In Progress
• Health and Safety and Fire Safety Arrangement: In Progress
• Establishing business relationship with vendors and key players in various industries: In Progress

More on School