Grizzly Bear Financial Managers- financial planning sample business plan: The financial planning company will offer its services to the upper-end clientele in the Portland, Metropolitan area. The financial planning business plan outlines the two different markets they will be serving; clients in need of investment advice and clients in need of estate planning help. By specializing in these two areas they hope to break the market and build up customer relationships and profiles. By networking and a use of seminars that the owner, Meghan Malpraktus, plans on using the smooth running and success of the company will follow shortly. The start-up costs for such a small business are relatively low, consisting of just $22,000. This will be spent on; office equipment, legal fees, and assets.
Grizzly Bear Financial Managers is a comprehensive financial planning and estate planning consultancy. Grizzly's services are comprehensive in terms of offered products (mutual funds, equities, estate planning) and depth of research. Although it costs a fair amount of money for Grizzly to do an in-depth amount of research into prospective investments as well as possible options for the client, this up-front cost will be eclipsed by a long-term relationship that is likely to be established out of earned respect.
Grizzly Bear Financial Managers serves the Portland Metropolitan area. Grizzly will be generating new clients through a combination of networking and monthly public seminars that introduces otherwise unreachable segments of the population. Besides the seminars developing new business, it is also a way that Grizzly can give back to the community.
Grizzly is a sole proprietorship that will reach profitability by month eight and will have modest profits by the end of year three.
Grizzly Bear Financial Managers' mission is to provide comprehensive financial planning services for our customers. We exist to attract and maintain customers. When we adhere to this maxim, everything else will fall into place. Our services will exceed the expectations of our customers.
The objectives for the first three years of operation include:
To create a service-based company whose primary goal is to exceed customer's expectations.
To increase the number of clients served by at least 20% per year through superior performance and word-of-mouth referrals.
To develop a sustainable financial management company that generates value for their customers.
Get the entire sample plan and everything you need to customize it for your business.