Professional Documents
Culture Documents
Plan Outline
1. Business Concept
- Objectives
- Target market/ marketing area
- Future of this market
- Type of business structure/alternatives
2. Financial Plan
4. Competition
5. Working Capital
CONFIDENTIALITY AGREEMENT
I. BUSINESS CONCEPT
Prefatory Statement
This Business Plan ("the Plan") will outline the major short and long range
objectives in establishing nursing review centers in the Philippines (Centers).
Since the actual process of planning is cumulative, requiring the inputs of those
interested in the success of the business, it is by no means a complete blue-print
of the business. Rather, it is intended as a discussion tool. Comments, criticisms,
and suggestions are always welcome.
Objectives
One distinct advantage of offering test preparation classes for both local
and foreign examinations is the maximization of space and personnel.
The choice of legal structure under which the business operates will affect
your taxes and personal liability. The pros and cons of selecting a particular
structure is one major aspect that needs further discussion.
The tuition for local nursing review/test preparation ranges from P ______
to P _______. The tuition for foreign nursing exam test preparation ranges from
P ______ to P ________. The length of time needed for local review is typically
45-60 days. Foreign review classes normally last about the same aslocal review
classes. Some review schools offer pre-week (final coaching) classes for
separate tuition fees (optional).
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The breakeven tables and analysis below assume a 365-day year both
from income and expense standpoint. In reality, preferences of the
owners/employees of the business will determine the number of days that the
firm will operate in a year. However, the trends and percentages would still
remain valid. As shown hereunder, it would take only ____ months at ______
combined enrollees per month in order for the firm to breakeven.
REVENUES
(average: local & foreign tests P ________ 100%
____ enrollees/month
BREAKEVEN ANALYSIS
Assumptions:
20
40
60
80
100
Star-up Requirements
Recruitment Objectives
Executive Compensation/Draw
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V. COMPETITION
The major competition of this business are the current review centers that
provide test preparation classes to approximately 100,000 new nursing
graduates every year. The most glaring advantage that GSN can provide to this
new venture is the track record in terms of passing scores of nurses who have
used GSNs system in the past.
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Pre-opening Costs
Leasehold
P _______
Variable cost _______ _______
Fixed cost (P _______) _______ _______
CEO compensation/draw _______ ______ _______
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