This employment agency business plan template has 32 pages and is a MS Word file type listed under our business plan kit documents.
Sample of our employment agency business plan template:
Confidentiality Agreement The undersigned reader acknowledges that the information provided by [YOUR COMPANY NAME] in this business plan is confidential; therefore, reader agrees not to disclose it without the express written permission of [YOUR COMPANY NAME] It is acknowledged by reader that information to be furnished in this business plan is in all respects confidential in nature, other than information which is in the public domain through other means and that any disclosure or use of same by reader may cause serious harm or damage to [YOUR COMPANY NAME] Upon request, this document is to be immediately returned to [YOUR COMPANY NAME] ___________________ Signature ___________________ Name (typed or printed) ___________________ Date This is a business plan. It does not imply an offering of securities. 1.0 Executive Summary 1 Chart: Highlights 1 1.1 Objectives 2 1.2 Mission 2 1.3 Keys to Success 2 2.0 Company Summary 2 2.1 Company Ownership 3 2.2 Company History 3 Table: Past Performance 4 Chart: Past Performance 5 3.0 Services 6 4.0 Market Analysis Summary 7 4.1 Market Segmentation 7 Table: Market Analysis 7 Chart: Market Analysis (Pie) 7 4.2 Target Market Segment Strategy 8 4.3 Service Business Analysis 8 4.3.1 Competition and Buying Patterns 8 5.0 Web Plan Summary 9 5.1 Website Marketing Strategy 9 5.2 Development Requirements 9 6.0 Strategy and Implementation Summary 10 6.1 SWOT Analysis 10 6.1.1 Strengths 10 6.1.2 Weaknesses 10 6.1.3 Opportunities 10 6.1.4 Threats 10 6.2 Competitive Edge 10 6.3 Marketing Strategy 10 6.4 Sales Strategy 11 6.4.1 Sales Forecast 11 Table: Sales Forecast 11 Chart: Sales Monthly 12 Chart: Sales by Year 12 6.5 Milestones 13 Table: Milestones 13 7.0 Management Summary 14 7.1 Personnel Plan 14 Table: Personnel 14 8.0 Financial Plan 15 8.1 Important Assumptions 15 8.2 Break-even Analysis 15 Table: Break-even Analysis 15 Chart: Break-even Analysis 15 8.3 Projected Profit and Loss 16 Table: Profit and Loss 16 Chart: Profit Monthly 17 Chart: Profit Yearly 17 Chart: Gross Margin Monthly 18 Chart: Gross Margin Yearly 18 8.4 Projected Cash Flow 19 Table: Cash Flow 19 Chart: Cash 20 8.5 Projected Balance Sheet 21 Table: Balance Sheet 21 Table: Ratios 22 Table: Sales Forecast 1 Table: Personnel 1 Table: Profit and Loss 2 Table: Cash Flow 3 Table: Balance Sheet 4 1.0 Executive Summary INTRODUCTION [YOUR COMPANY NAME] is located in [YOUR CITY], [YOUR STATE/PROVINCE]. It was founded in 1990 by [YOUR NAME]. The company provides a service to law firms and other entities, which need attorneys and a service to attorneys seeking employment. THE COMPANY [YOUR COMPANY NAME] mission is to deliver quality legal search services with the highest level of professional responsibility. It has achieved such a high level customer satisfaction that most of its business comes from its word-of-mouth reputation. PRODUCTS AND SERVICES [YOUR COMPANY NAME] matches entities in need of attorneys and attorneys in need of employment. FINANCIAL PLAN TO SUCCESS With a $288,000 investment, [YOUR COMPANY NAME] will be able to improve and expand its services in the greater Kansas City area and beyond. Chart: Highlights 1.1 Objectives Increase number of job orders from law firms and corporate clients by 50% Increase recruiting contact with potential candidates by 50% Increase annual placements by 50% Increase annual revenues by 50% 1.2 Mission "Deliver quality legal search services with the highest level of professional responsibility." 1.3 Keys to Success Maintain contact with existing clients to keep up with their current staffing needs Keep reaching out to qualified attorneys for current and future employment opportunities Expand service area to large cities in surrounding states 2.0 Company Summary [YOUR COMPANY NAME] [YOUR NAME] [YOUR ADDRESS] [YOUR ADDRESS 2] [YOUR CITY], [YOUR STATE/PROVINCE] [YOUR ZIP/POSTAL CODE] [YOUR PHONE NUMBER] [YOUREMAIL@YOURCOMPANY.COM] [YOUR WEBSITE ADDRESS] [YOUR COMPANY NAME] was founded in 1990 by [YOUR NAME]. He has 21 years of experience in legal recruiting, including 20 years as owner of this company. [YOUR NAME] also served as Assistant Dean of MU Law School prior to becoming an attorney recruiter. 2.1 Company Ownership [YOUR COMPANY NAME] is a S-Corporation owned solely by [YOUR NAME]. 2.2 Company History [YOUR COMPANY NAME] was founded in 1990. It has prospered throughout most of its history. However, recently, the bad economy has had a terrible effect on attorney hiring. In 2007 [YOUR COMPANY NAME] had seven attorney placements. In 2008 and 2009 there were only three. Table: Past Performance Past Performance 2007 2008 2009 Sales $185,208 $73,750 $70,031 Gross Margin $185,208 $73,750 $70,031 Gross Margin % 100.00% 100.00% 100.00% Operating Expenses $174,619 $92,213 $75,183 Balance Sheet 2007 2008 2009 Current Assets Cash $8,559 $10,261 ($16,095) Other Current Assets $0 $0 $0 Total Current Assets $8,559 $10,261 ($16,095) Long-term Assets Long-term Assets $0 $0 $0 Accumulated Depreciation $800 $0 $0 Total Long-term Assets ($800) $0 $0 Total Assets $7,759 $10,261 ($16,095) Current Liabilities Accounts Payable $20,300 $0 $0 Current Borrowing $0 $0 $0 Other Current Liabilities (interest free) $30,367 $3,532 $20,666 Total Current Liabilities $50,667 $3,532 $20,666 Long-term Liabilities $133,804 $187,548 $158,732 Total Liabilities $184,471 $191,080 $179,398 Paid-in Capital $16,826 $16,826 $16,826 Retained Earnings ($213,468) ($189,853) ($215,365) Earnings $19,930 ($7,792) $3,046 Total Capital ($176,712) ($180,819) ($195,493) Total Capital and Liabilities $7,759 $10,261 ($16,095) Other Inputs Payment Days 30 30 30 Chart: Past Performance 3.0 Services [YOUR COMPANY NAME] provides an attorney recruiting service to law firms and other companies. [YOUR COMPANY NAME] makes every effort to make sure there is a good fit between the attorney and the position being filled. In order to have a satisfied candidate and client for the long haul, it is important to do so. 4.0 Market Analysis Summary [YOUR COMPANY NAME] market consists of any entity in the immediate and near-by [CITY], [YOUR STATE/PROVINCE] area in need of hiring an attorney and potential attorneys seeking employment. 4.1 Market Segmentation [YOUR COMPANY NAME] focuses on any and all companies - profit and non-profit - which need an attorney, and any and all attorneys seeking employment. Table: Market Analysis Market Analysis 2010 2011 2012 2013 2014 Potential Customers Growth CAGR Entities which employ attorneys 3% 1,477 1,521 1,567 1,614 1,662 2.99% Attorneys seeking employment 3% 11,563 11,910 12,267 12,635 13,014 3.00% Total 3.00% 13,040 13,431 13,834 14,249 14,676 3.00% Chart: Market Analysis (Pie) 4.2 Target Market Segment Strategy [YOUR COMPANY NAME] will focus on entities seeking attorneys and attorneys seeking employment in the following categories: Law firm associate attorneys 40% Law firm partner-level attorneys 25% In-house attorneys 20% Law firm mergers 15% 4.3 Service Business Analysis [YOUR COMPANY NAME] matches entities in need of attorneys and attorneys in need of employment. 4.3.1 Competition and Buying Patterns Typically, clients seek to negotiate down the fee charged for a successful placement. [YOUR COMPANY NAME] generally holds firm on the fee using the argument that only if it brings them someone the client really believes will be the right person for the position for the long term, will they owe me anything. If the fee is going to be fairly substantial, [YOUR COMPANY NAME] will sometimes drop it a few percentage points in order to get the job order. In other words, the fee charged is a big factor. 5
