Personnel Management Business Plan


Personnel Management Business Plan


OutReSources, Inc. is a consulting firm that specializes in the development and delivery of training products in both regional and statewide markets. OutReSources, Inc. offers a reliable and high-quality alternative for in-house resources to health care providers for market development, business development, and training.

OutResources will initially be established as a Greenstate DBA firm under the umbrella Flowstone, Inc., based at the Central County area in Greenstate, the heartland of Greenstate’s growth and population.

OutReSources will target state health care providers and tailor its services to them. OutResources will have to establish itself as a real consultancy and training company. This is a relatively risky purchase.

There are several types of industry competition. Most significant is the choice by companies and agencies to conduct business development and training internally rather than outsourcing. You will also find resources for training and development from both the state and non-profit sector. Many of these companies are broad-based and don’t specialize in a particular market. Furthermore, they are often hampered by a flawed organizational structure that does not provide the most experienced people for the client’s projects. OutReSources’#8217 advantage is that it provides high quality consulting to integrate theory with practice and work with clients to achieve their goals.

OutReSources will be priced at the upper edge of what the market will bear. OutReSources’ overall positioning as an expert in high-level knowledge will guide the pricing. Sales are estimated to be substantial and an excellent cash balance in the first year.

The company’s founders include former and current health service providers. They are all from the ‘#8220’ fee-for–service markets we will target. They are founding OutReSources to formalize the consulting services they already offer. OutReSources will have working partners, based mainly on Flowstone, Inc. In the beginning we assume three partners, Khallie Locharnold and Soren Aboukir (from Flowstone Inc.) and Yuriatin Guadalquivir.

The firm estimates healthy profits by the first year with a commensurate net profit margin. The company doesn’t anticipate cash flow problems.

1.1 Objectives

OutResources has several goals for the initial year.

  1. Establish and implement a training system that targets both for profit and non-profit providers of fee-for-services in health care.
  2. Develop a service to support providers of health care who are still within these confines.
  3. Create a company with low overheads and liability to maximize net profit margins.

1.2 Mission

Our mission will be to raise standards for health care services by improving skills, abilities and efficiency of those providing them. We are interested in educating and training those who provide health services. They will be reimbursed and regulated through the state governing agency. We are transitional educators and trainers for those who have the education but not the experience.

1.3 Keys to Success

Quality and Credibility

Employing trainers with the relevant skills who have

  • Credentials: Education Licenses, Certifications
  • Proven successful track record
  • Continuing Education Units

Strong Formal Methodology

Developing strong formalized training methodologies for all services

  • Policy and Procedures
  • Hierarchy roles in Organizational Structure: Qualifications, and Duties
  • Confidentiality controls
  • Feedback Reporting: Final Product


Promotional and Marketing

  • Beginning with what we know. Our first offerings are based upon our expertise

  • We want to reach a large audience: Expanding our services
  • Spring boarding using current credentials

    • Operations and Liability

    You can keep your overhead and liability low by:

    • Maximizing skills and simplifying roles
    • Assessing the market, initiating with ‘#8220’ High End targets (larger providers, high fee for service rate services)
    • Strong investments into quality equipment, versus cost by including
      • Mobility vs. the Center or combinations
      • Space and supplies
      • Products (manuals/pamphlets/protocols)

    Management Consulting Business Plan


    Management Consulting Business Plan


    Coaching Company will offer high-quality, professional coaching and development services. The principal officer of Coaching Company believes that most small businesses and entrepreneurs suffer two major problems. They lack the resources or training to develop their businesses and the knowledge necessary to view their businesses as owners. These factors can lead to lower expectations, a lack of personal and business growth, and owner burnout. Coaching Company believes that it can improve upon and exploit these weaknesses to gain local market share.

    The following are the objectives of Coaching Company for the next 3 years:

    • Revenues of about $81,000 in sales by the end year one
    • Achieve sales revenues of approximately $150,000 by year three.
    • Achieve a client mix between 60% small business and 30% entrepreneurial/10% individual per annum.
    • By the end if the first year, you will be able to move into small offices.

    The company will provide professional services in the most efficient way and maintain an ongoing quality-control program to ensure 100% client satisfaction. The company’s principal officer views each contract as an agreement, not between a company and its clients. It is between partners who desire to form a long-term and mutually-beneficial relationship. This will lead to greater long-term profitability through referrals, repeat business, and other activities.

    Coaching Company will implement the following key steps to achieve its goals:

    • Coaching Company is able to create a unique, innovative, and upscale environment that differentiates it from other professional development and coaching companies.
    • Educating business leaders about the benefits of strategic and business coaching.
    • A learning environment that will unite people from diverse backgrounds in order to share their experiences and overcome personal and professional challenges.
    • Access to resources for business coaching and consulting services is affordable

    Coaching Company is a start-up limited liability company (LLC) consisting of one principal officer with 15 years of industry experience. Frank Smith (principal), is going to invest substantial amounts of his personal capital into the company in order to cover its start-up expenses and ensure future growth. Coaching Company(r) will be a partner of the national franchise, Coaching Company(r), in order to provide services. Coaching Company will operate from a single location in Anytown (MI). Workshop facilities will also be available at various professional venues.

    The company intends to make use of its existing contacts and customer database to obtain both short-term and longer-term coaching contracts. Its long-term profitability will rely on professional contracts obtained through strategic alliances, a comprehensive marketing program and a successful referral program.

    In its initial phase, the company will provide professional development, strategic workshops and one-on-1 coaching. It will also be involved in special projects relationships. Coaching Company will begin offering a separate and comprehensive service for career counseling. This will include resume help, interview skills, job-seeking strategies, networking opportunities, and assistance with your resume. The company has carefully reviewed its financial projections. They have concluded that they are both conservative and generous in their expenditures. This was done to prepare for unexpected events. The company’s principal believes that cash flow projections are realistic.

    1.1 Objectives

    Coaching Company’s initial three years of operation have the following objectives:

    • Coaching Company is a distinctive coaching and professional development company that creates an innovative and unique environment.
    • Educating the business community on what business and strategic coaching has to offer.
    • The creation of a learning community that brings together people from diverse backgrounds in a common platform to overcome obstacles professionally and personally.
    • Access to resources for business coaching and development services is affordable

    Over the next three-years, Coaching Company’s financial goals are:

    • End of the first year, achieve sales revenues of around $81,000
    • By the third year, your sales revenues are approximately $150,000
    • Reach a client mix of 60% business, 10% entrepreneurial and 10% individual each year.

  • By the end of the first year, you can move into a small office space.
  • Hire one salesperson/coach by the end if your second year.

    • 1.2 Mission

    Coaching Company offers small business owners, managers and entrepreneurs a reliable, high-quality resource for business coaching, and professional and management development on both a local and national scale. Its mission helps clients create the strategy, motivation, and accountability they need to succeed in business and life. Each contract is a partnership between two partners, who seek to establish a close, mutually-beneficial long-term relationship. This will help to provide greater long-term profits through referrals and repeat business. Coaching Company should also be able keep its finances in check by offering high quality services and charging high fees.

    Success: 1.3 Keys

    1. Excellence in fulfilling the Promise.
    2. Developing visibility to generate new business leads
    3. You can leverage your expertise from one source into multiple revenue-generating opportunities: retainer coaching and project consulting, workshop facilitation, individual coaching, and workshop facilitation.
    4. To maintain client success and growth, we create productive and thought-provoking learning experiences.
    5. We make use of the latest technology
    6. Easy access to services
    7. Setting up a team of experienced advisors