You are on page 1of 17

TEEN Hunt Recruiters

“Teaching, Developing, and Empowering Teenagers to make positive decisions that


build careers”

“Let’s Go
to Work”

www.hope4tomorrowministries.com/teenhunt
TEEN Hunt Recruiters
Owner Calvin McCoy Jr.
1085 Eagle Pointe Dr.
Lawrenceville, GA. 30044
678-760-4886/Cell
Email:cmccoy@hope4tomorrowministries.com
Business Plan
TEEN Hunt Recruiters

Table of Contents

1.0 Executive Summary

2.0 Overview

2.1 Start-Up Summary


a. Start-Up Costs
2.2 Location and Facilities

3.0 Service

3.1 Service Description


a. Job Placement Services
b. Pre-Employment Interviews
c. Resume Writing Classes
d. Business Etiquette Classes
e. Computer Training
f. Business Plan Writing Classes
g. Money Management Classes
h. Free Recruiting
i. Free Job Placement
j. Soft HR Outsourcing
k. Temporary Staffing

4.0 Marketing Plan

4.1 Marketing Strategy

5.0 Operation and Management Plan

Organization Summary
5.1 Management
5.2 Personnel Plan

6.0 Financial Plan

6.1 Operation Costs


6.2 Monthly Income Balance Sheet
a. Minimum Operation
b. Maximum Operation
6.3 Profit and Loss Table
TEEN Hunt Recruiters

╬ 1.0
Executive Summary
Hello and thank you for reading TEEN Hunt Recruiters Executive Summary. Let me tell you a

little about who I am. I am TEEN Hunt; I am an employment agency for teenagers. I am new to
the scene and there is no other company quite like me. I am a smart, new, invigorating company
that has a powerful plan of success.

I plan to hit the market by force. My goal is to teach, develop and empower teenagers to make
positive decisions that build careers. My partner Calvin McCoy, who will be owning and operating
me, has done a great deal of research and have found that 98% of staffing agencies do not have a
department that deals with teenagers. Teenagers do want to work, and they want an opportunity. I
give them a chance to invest in their own future, by not only finding them jobs, but I take them
through Pre-Employment Interviews, Computer Training, Resume Writing Classes, Business Plan
Writing Classes, and Business Etiquette Classes.

One of our main objectives is to keep our teens off the streets, out of trouble, and get them
actively working. After much research we have found that the biggest problem with
teenagers is they do not have enough to do, so they become idle and that can lead them into
making bad decisions and bad choices. So by finding employment for these teens it points
them in a more positive direction. Our slogan simply states “Let’s Go To Work.”

The purpose of this Business Plan is to, 1) Obtain a bank loan for working capital; or 2) Secure a
line of credit for start-up and working capital; or 3) Locate an investor or investment company

willing to invest in TEEN Hunt. TEEN Hunt Recruiters plans to exceed an average of $70,000 a
year in sales. We have calculated the amount for start-up costs and reached a total of $60,000.00.
Below is a break down analysis of our need and proposed payback period.

Type of Financing Estimate (+8% Int.) Payback Period

Bank Loan/LOC $(64,800.00) $60,000.00 10 Years @ $540.00/Month, $6,480.00/Year


TEEN Hunt Recruiters

╬ 2.0
Overview

TEEN Hunt Recruiters is an employment agency for Teenagers. We plan to open our first
office in September.

What we do:

The purpose of TEEN Hunt Recruiters is to find employment for High School teenagers
from the age of 15-19 years old.

Why we do it:

Our concern is for our teenagers, our company wants to keep our teens off the streets, out
of trouble, and get them actively working. After much research we have found that the
biggest problem with teenagers, is they do not have enough to do, so they become idle and
that can lead to them making bad decisions and bad choices. So by finding employment for
these teens it points them in a more positive direction

Is there any money involved?

What we do costs your company no money at all. Our services are set up just like any
staffing agency, only thing is that we do all the recruiting and you hire our teens. We only
ask that you open 3-5 positions in your company for us to fill.

How we do what we do:

We come to your location, find out your employment needs and what you are looking for
and we fill your positions at no cost to you. Our recruiting fees come from the teens or
their parents. We charge a $200.00 fee, and it guarantees that teenager a job within 30
days. With that fee, we post ads on Internet Job boards, in the AJC, and at local High
schools. We interview the teens and get them ready for the interview with your company.
By charging the $200.00 fee, we make the teens invest in their own future, and it motivates
them not to quit their jobs, to be dedicated, and it keeps the parents of the teens pushing
their teens to work.
TEEN Hunt Recruiters

╬ 2.1
Start-Up Summary

TEEN Hunt Recruiters start-up expenses cover a wide range of items as shown in the
following charts and tables. Below is the detailed reasoning
behind these estimates.

• Office Furniture – This will cover the cost to purchase office chairs, office tables,
office desks, and office cubicle dividers.

• Office Supplies and equipment – This will cover the cost to purchase office
computers, and office supplies. These items will ensure that the office runs
smooth and professionally.

• Transport Van – Having a transport van, allows the TEEN Hunt to go pick up
good employees who cannot get from school to work, it also is a form of
advertisement, since the vehicle will have our information and logo on it.

• Miscellaneous – What this expense covers is anything that is an emergency need


or additional church needs during start-up.

• Research and Development - This will cover the expenses of doing demographics
to see what areas new offices can be opened and areas that we needs to advertise
in.

• Advertising and Marketing – This will cover the cost of billboard, radio, mail,
internet, and T.V. Commercial advertising.

• Operating Capital – This will cover the cost of the first six months of operation.
TEEN Hunt Recruiters

╬ 2.1
a.
Start-Up Costs

Requirements -

Office Desks $ 1,799.88

Office Chairs $ 1,049.85

Office Tables $ 307.96

Office Signage $ 800.00

Office Computers $ 5,000.00

Office Supplies $ 500.00

Miscellaneous $ 2,000.00
Total Estimated - $ 11,457.69

Additional Expenses –

Research and Development $ 2,000.00

Advertising & Marketing $ 20,000.00

Operating Capital $ 25,000.00


Total Estimated - $ 47,000.00

Total Estimated Costs - $ 58,457.69


TEEN Hunt Recruiters

╬ 2.2
TEEN Hunt Recruiters’ Location and Facility
TEEN Hunt Recruiters will range in size from 900 – 1,600 square footage and will have a
capacity of 25 persons. The facility will be designed with a kitchen/break room, six office cubicles,
an applicant testing area, an employee classroom, and employee interviewing stations.

The Site/building selection will be chosen based upon the following criteria.
• Community size of 40,000 people within a five mile radius
• On Public transportation line
• Area where community needs positive places
• Easy Highway access
• Low-Land Cost
• High Visibility
• High vehicular traffic
• Heavy Youth oriented area.
• Near Public High School
• High Job Market Area

All of these qualities are consistent with TEEN Hunt Recruiters’ goals to be convenient.
TEEN Hunt Recruiters

╬ 3.0
Service
TEEN Hunt Recruiters will be the first company of this nature in Georgia. The
office center will offer a wide range of services that will cater to the needs of the teenagers
and local employers.
╬ 3.1
Service Description

The following sections relate to the services TEEN Hunt Recruiters is going to offer to the
teenagers and employers. These services are based on the findings researched and community
need.

Services to our TEEN Applicants –

a. Job Placement Services - TEEN Hunt Recruiters will provide direct hire job placement
for teenagers between the ages of 15-19 years old. Some positions are temporary to
permanent, depending on employer needs.

b. Pre-Employment Interviews - TEEN Hunt Recruiters will conduct several


pre- employment interviews. What these interviews do is prepare the teenagers for future
interviews, and teaches them how to obtain a successful interview.

c. Resume Writing Classes – TEEN Hunt Recruiters will offer weekly classes on proper
Resume writing, this class with teach teenagers how to write a professional resume, the
importance of words and details, how to sale their resume, and who to market their resume
to.

d. Business Etiquette Classes – TEEN Hunt Recruiters will provide youth with a unique
opportunity to learn Business Etiquette. This class will be taught directly from Jacqueline
Whitmore’s Business Class: Etiquette Essentials for Success at Work. This is an
awesome class and will also be available for adults. This class will also be taught once a
week.

e. Computer Training – TEEN Hunt Recruiters will be offering these classes to broaden our
teenagers understanding of Business Software. Teaching them the difference between home
software and business software. This class will further provide the teenagers with computer
knowledge and training in Microsoft Office, Windows NT, Windows 98-Vista, Excel,
Word, PowerPoint, and many other widely used business software.

f. Business Plan Writing Classes – In this service TEEN Hunt Recruiters hopes to
encourage the teenagers to start their own businesses. This class teaches the teenagers how
to write a great, marketable business plan.

g. Money Management Classes - TEEN Hunt Recruiters cares about the success of our
teens, we will be offering monthly classes in teaching teenagers how to save and manage
their money.
TEEN Hunt Recruiters

Services to our Employers -

h. Free Recruiting – TEEN Hunt Recruiters does not charge our employers to hire our
applicants. Our fees are paid through the recruiting fee charged to the applicant. We will
post ads on Internet Job boards, in the AJC, and at local High schools. We scope
our candidates per our employer needs, interview and send the applicant over to our
employer for the final interview.

i. Free Job Placement– Unlike other staffing agencies TEEN Hunt Recruiters do not
charge our employers conversion fees. Those fees are collected during the applicant
registering process. TEEN Hunt Recruiters does an extensive employer screening to make
sure we meet our client needs, we ask our employers to open three to five positions for us
to fill, at no cost to them. By applying a registration fee to the applicant at the beginning, it
shows our employers that TEEN Hunt teenagers are serious about work.

j. Soft HR Outsourcing– TEEN Hunt Recruiters wants to help our clients as much as we
can this is why we offer this service. Our recruiters will screen our client’s applicants for
them. Managers no longer have to deal with stacks of applications, all the manager has to
do is send that applicant to us, and if the applicant meets the employer needs, we send the
TEEN Hunt Teenager back to our client for hiring. We will complete all required
paperwork, drug screening, reference checks, and background checks. When we send the
applicant to our client the applicant is ready to go to work.

k. Temporary Staffing - TEEN Hunt Recruiters does offer temporary staffing to help our
clients meet immediate needs. Our services are offered at a minimum rate over employee
average pay.
TEEN Hunt Recruiters

╬ 4.0
Marketing Plan
TEEN Hunt Recruiters plans to hit the market by force. With so many teenagers ready for
work, reaching them will be not be a hard task. Flyers at local High Schools and word of
mouth will be the largest form of advertisement to applicants. Our biggest challenge will be
reaching the employers and creating a trusting relationship. We feel by advertising through
radio and T.V. Commercials, this will give us a more legitimate image to our potential clients.
Human Resources can be one of the most tedious jobs for employers to do, by offering most
of our services to our employers for little or no cost; this allows us to build a great
communicative relationship with our clients.

Another target audience are the parents of the teenagers. Most parents want their teenagers to
work. It keeps their teen out of trouble, teaches them responsibility, and it put money in their
pockets. Most parents concerned will be, “will the job interfere with school work? We have
set guidelines in place with our employers to work with teenagers still in high school.
However, we cannot guarantee to the parents that the job will not interfere with school. That
does depend on the teenager.

After doing a considerable amount of research in the Gwinnett County, GA area, we have
found that 85% of parents would pay the $200.00 registration fee, if their teenager can get
actively employed. Most parents stated that the additional income can help cut their costs,
because the teenager will be able to purchase things they need.

We at TEEN Hunt Recruiters are positive that our marketing techniques will push this
company into opening additional locations in less than two years.
TEEN Hunt Recruiters

╬ 4.1
Marketing Strategy

TEEN Hunt Recruiters will use several forms of advertisement to


to reach our target audience:
• Local Media: Radio Campaigns; Newspaper Campaigns
• Local T.V. Commercials
• Billboard
• Direct Mail Postcards
• Internet
• Church Service Broadcasting
• Word of Mouth and Flyers
TEEN Hunt Recruiters

╬ 5.0
Operation Plan
Organization Summary

TEEN Hunt Recruiters will be organized and managed in a creative and innovative
fashion. This will allow us to generate very high levels of client satisfaction. We will
create a positive working environment conducive to building employee morale, and
employee personal career development. Our management style will be that of
encouragement and correction at the same time. Every month we will have employee
appreciation lunches, to show our employees we appreciate the hard work and dedication
they put into their jobs.

╬ 5.1
Management

One of the strong points of TEEN Hunt Recruiters is the wisdom, the knowledge, skills,
and experience operating through the owner Calvin McCoy Jr.

Calvin McCoy Jr.: Owner/President - Is the Pastor of Hope For Tomorrow Deliverance
Center, and Founder of Hope For Tomorrow, Ministries. Pastor Calvin McCoy Jr. has not
only been given the knowledge to Pastor by God, but also has been in management for over
9 years. He has management experience in Human Resources, Marketing, Customer
Service, Sales, and Collections. He has strong Interpersonal skills, great organizational
skills, and excellent management skills. Calvin McCoy Jr. has been given the gift of
leadership. Calvin McCoy Jr. has the knowledge, experience, patience, and determination
to lead this company to and beyond its main goals and objectives.
TEEN Hunt Recruiters

╬ 5.2
Personnel Plan

Job Description 2008 2009 2010


Secretary $ 15,360.00 $ 15,360.00 $ 15,360.00
Recruiter $ $ 20,800.00 $ 20,800.00
Owner/Manager/Recruiter $ 32,640.00 $ 32,640.00 $ 32,640.00
Total = $ 48,000.00 $ 68,800.00 $ 68,800.00
TEEN Hunt Recruiters

╬ 6.1
Financial Costs – Leasing a Building

Operation Cost

Monthly Yearly
Loan $ 540.00 $ 6,480.00

Lease $ 800.00 $ 9,600.00

Utilities $ 300.00 $ 3,600.00

Employee Payroll $ 4,000.00 $ 48,000.00

Business Insurance $ 52.50 $ 630.00

Miscellaneous Expenses $ 200.00 $ 2,400.00


Total Estimate - $ 5,892.50 $ 70,710.00
TEEN Hunt Recruiters

╬ 6.2
A. Financial Costs – Leasing a building

Monthly Income and Balance Sheet – Minimum Operation

Registration Fees (30 Persons @ 200.00) $ 6,000.00


HR Outsourcing (5 Clients @ 100.00) $ 500.00
Minimum Monthly Income - $ 6,500.00
Monthly Expenses - $ 5892.50
Minimum Profit Balance - $ 607.50

Yearly Income and Balance Sheet – Minimum Operation


Registration Fees (30 Persons @ 200.00) $ 72,000.00
HR Outsourcing (5 Clients @ 100.00) $ 6,000.00
Minimum Yearly Income - $ 78,000.00
Monthly Expenses - $ 70,710.00
Minimum Profit Balance - $ 7,290.00

B. Monthly Income and Balance Sheet – Maximum Operation

Registration Fees (50 Persons @ 200.00) $ 10,000.00


HR Outsourcing (15Clients @ 100.00) $ 1,500.00
Minimum Monthly Income - $ 11,500.00
Monthly Expenses - $ 5892.50
Minimum Profit Balance - $ 5,607.50

Yearly Income and Balance Sheet – Minimum Operation


Registration Fees (50 Persons @ 200.00) $ 120,000.00
HR Outsourcing (15Clients @ 100.00) $ 18,000.00
Minimum Yearly Income - $ 138,000.00
Monthly Expenses - $ 70,710.00
Minimum Profit Balance - $ 67,290.00
TEEN Hunt Recruiters

╬ 6.3
Profit and Loss Table
Pro Forma Profit and Loss
2009 2010 2011
Sales $ 78,000.00 $ 120,000.00 $ 240,000.00
Direct Cost of Sales $ 0 $ 0 $ 0
Production Payroll $ 0 $ 0 $ 0
Other $ 0 $ 0 $ 0
Total Costs of Sales $ $ 0 $ 0
Gross Margin $ 78,000.00 $ 120,000.00 $ 240,000.00
Gross Margin % 100.00% 100.00% 100.00%
Expenses:
Employee Payroll $ 48,000.00 $ 68,800.00 $ 137,600.00
Sales & Marketing $ 2,400.00 $ 2,400.00 $ 4,800.00
Utilities $ 3,600.00 $ 3,600.00 $ 7,200.00
Insurance $ 630.00 $ 630.00 $ 630.00
Lease $ 9,600.00 $ 9,600.00 $ 19,200.00
Loan $ 6,480.00 $ 6,480.00 $ 6,480.00
Payroll Taxes $ 3,840.00 $ 5,504.00 $ 11,008.00
Other – $ 0 $ 1,000.00 $ 1,500.00
Total Operating Expenses $ 74,550.00 $ 98,014.00 $ 188,418.00
Profit Before Int. & Taxes $ 3,450.00 $ 21,986.00 $ 51,582.00
Interest Expenses $ 0 $ 0 $ 0
Taxes Incurred $ 0 $ 0 $ 0
Net Profit $ 3,450.00 $ 21,986.00 $ 51,582.00
Net Profit/Sales .04% .18% .21%

(Sales = Registration and Client Outsourcing Only.)


TEEN Hunt Recruiters
1085 Eagle Pointe Dr., Lawrenceville, GA 30044 Phone: 678-760-4886
August 27, 2008

Dear Manager,

Hello, My name is Calvin McCoy, I am the owner and Founder of TEEN Hunt Recruiters, we are a
employment staffing agency for Teens. The reason of this letter is to inform you that we will be opening an
office in your area in September, and we want your assistance.

What we do:
The purpose of TEEN Hunt is to find employment for High School teenagers from the age of 15-19 years
old.

Why We do it:
Our concern is for our teenagers, our company wants to keep our teens off the streets, out of trouble, and get
them actively working. After much research we have found that the biggest problem with teenagers, is they
do not have enough to do, so they become idle and that can lead to them making bad decisions and bad
choices. So by finding employment for these teens it points them in a more positive direction

Is there any money involved?


What we do costs your company no money at all. Our services are set up just like any staffing agency, only
thing is that we do all the recruiting and you hire our teens. We only ask that you open 3-5 positions in your
company for us to fill.

How we do what we do:


We come to your location, find out your employment needs and what you are looking for and we fill your
positions at no cost to you. Our recruiting fees come from the teens or their parents. We charge a $200.00
fee, and it guarantees that teenager a job within 30 days. With that fee, we post ads on Internet Job boards,
in the AJC, and at local High schools. We interview the teens and get them ready for the interview with
your company. By charging the $200.00 fee, we make the teens invest in their own future, and it motivates
them not to quit their jobs, to be dedicated, and it keeps the parents of the teens pushing their teens to work.

What I am requesting from you?


I am requesting that you contact me today, so that we can sit down and discuss how we can meet your
employment needs.

Why you should use us?


We are a convenient source of employment and it costs you nothing. Managers are extremely busy,
sometimes they don’t have the time to do background checks, new hire orientations, or go over employment
paperwork with new hires. We can make your job easy for you and help lighten your load. We can do your
hiring, we can do your paperwork, we can take a great load off of you as manager. All we request is that
you open 3-5 positions for us to fill.

Call me today, let’s get started right away. Our teens are ready to work, and we are ready to find them
employment. My Number is 678-760-4886.

Visit our website for more information: www.hope4tomorrowministries.com/teenhunt/

Sincerely,

Calvin McCoy
Owner/Manager

You might also like