![]() ![]() Based on historical numbers, the business could fetch a sales premium of up to 4 times earnings.īelow is a description of the planning and consulting services offered by the Wedding Planning.ģ.1 Wedding Planning and Management Services Most likely, the Company will hire a qualified business broker to sell the business on behalf of the Wedding Planner. Doe may seek to sell the business to a third party for a significant earnings multiple. John Doe owns 100% of the Wedding Planner, Inc. Doe is not seeking an investment from a third party at this time. Below is a breakdown of how these funds will be used: The Company is registered as a corporation in the State of New York.Īt this time, the Wedding Planner requires $100,000 of debt funds. Doe intends to implement marketing campaigns that will effectively target individuals within the target market.Ģ.1 Registered Name and Corporate Structure The Founder expects that the business will aggressively expand during the first three years of operation. Below are the expected financials over the next three years. Doe expects a strong rate of growth at the start of operations. Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations. Doe has more than 10 years of experience in the event management industry. Doe’s mission is to develop the Wedding Planner into a premier wedding planning business within the target market. This business plan assumes that the business will receive a 10 year loan with a 9% fixed interest rate. The interest rate and loan agreement are to be further discussed during negotiation. Doe is seeking to raise $100,000 from as a bank loan. The third section of the business plan will further describe the services offered by the Wedding Planner. The business will also receive per hour fees for services related to design and wedding day consulting. This is a sliding scale, and as the event becomes more costly, the percentage fees received by the Wedding Planner will decrease. ![]() For each event, the Company will receive ten to twenty five percent of the aggregate budget for the event. Doe will personally manage every event that is hosted by the Company. The Wedding Planner will develop and manage each step and aspect of a client’s wedding day event. ![]() Doe intends to arrange wedding events that range from $7,500 to over $100,000. The Company was founded in 2008 by John Doe.Īs state above, Mr. (“the Company”) is a New York based corporation that will provide wedding planning, design, and management services to customers in its targeted market. The purpose of this business plan is to raise $100,000 for the development of a wedding planning and consulting firm while showcasing the expected financials and operations over the next three years.
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