Launching a new image consultant career and image consulting business is one of the biggest time commitments and personal investments an individual will undertake in their life. New image consultant business owners wear many hats; and while building your business and reputation, it may become easy to unknowingly let certain details slip through the cracks. When first starting a company it is useful to have a road map to guide you toward building a successful career as an image consultant.
Strategic Analysis with current research! The Company was founded by John Doe. As many wealth people, including professionals and executives have become increasingly busier over the last ten years, the demand for people that can acquire clothes and other items on their behalf has increased significantly.
Doe is seeking to capitalize on this trend.
The business will also generate secondary revenue streams related directly consulting regarding personal style and educating clients on what look suits them best, The third section of the business plan will further describe the services offered by the Fashion Consultant.
The interest rate and loan agreement are to be further discussed during negotiation.
Doe has more than 10 years of experience in the fashion industry. Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations.
Doe expects a strong rate of growth at the start of operations. Below are the expected financials over the next three years. Doe intends to implement marketing campaigns that will effectively target wealthy individuals within the target market.
The Company is registered as a corporation in the State of New York. Below is a breakdown of how these funds will be used: Doe is not seeking an investment from a third party at this time. Doe may seek to sell the business to a third party for a significant earnings multiple.
Most likely, the Company will hire a qualified business broker to sell the business on behalf of Fashion Consultant, Inc.
Based on historical numbers, the business could fetch a sales premium of up to 4 times earnings. From there, the Company will go to stores to purchase items that are to the tastes of clients. As mentioned in the executive summary, many busy professionals and executives do not often have the time to carefully select pieces for their wardrobes, and as such, the business will provide this service for them.
Currently, the economic market condition in the United States is moderate. The meltdown of the sub prime mortgage market coupled with increasing gas prices has led many people to believe that the US is on the cusp of a double dip economic recession.
This slowdown in the economy has also greatly impacted real estate sales, which has halted to historical lows.See Computer Consulting Business Plan Template if you specialize in IT systems.
See Safety Consulting Business Plan Tempate if you are hired independently as a company’s health and safety team. See Management Consulting Business Plan Template for . In other words, a business plan is a way to anticipate success, and at the same time, it provides a contingency plan in case the business fails.
This is because you always need a Plan B, and if Plan B fails, you should have a Plan C ready to go. There are four key areas that you should focus on when developing a business plan for your consulting business.
a Business Plan for a Consulting Business. stick to the average template you. Consulting Business Consulting Sample Plan. Consulting Seminars Sample Business Plan. If starting a business that offers consulting seminars appeals to you then this sample business plan will provide you with all of the right information.
Published. 9 years ago. on. Oct 24, By. Entrepreneur. The Sterling Style Academy is a leader in the field of image consultant training and offers a variety of certification programs as an Image Consultant, Personal Stylist, Personal Shopper, and Fashion & Style Consultant.
A business plan template in word format is also available in our collection of consulting business plan templates to ease your work of drafting a plan for a proposed business. What would be your prospective business all about; this template gives you the scope to .