About Education Consulting Firm?

If you are an educationist or someone who has background in education matters, and you
intend starting your business, then you should consider starting your own education
consulting firm. There are many would be international students and students aspiring to
go to colleges / universities who are trapped simply because they dont know who to talk to
when they have challenges with testing and educational related issues that is why it is
important to set up your own education consulting firm.
Being an educational consultant means that you will help your clients handle all their
educational concerns, help to gain admission to colleges or universities of their choice. You
can also help your clients (international students) obtain work permits in their new country of
residence / studies.
Starting an education consulting firm is not too expensive except for the money required to
rent and furnish an office space. Running this type of business requires that you should be
trained as an educationist and it is indeed a very lucrative business in the United States,
Canada, Australia and The United Kingdom simply because of the inflow of international
students from different parts of the world.
If you are truly convinced that starting an education consulting firm is the right business for
you to do, then you need to write your own business plan. Below is a sample education
consulting firm business plan template that will help you successfully write yours with little or
no stress;

A Sample Education Consulting Firm Business Plan

Template
Industry Overview
Establishments in the Testing & Educational Support industry that education consulting
belongs to primarily provide non instructional support services for the education
industries. The major segments of this industry are educational testing services and
educational consultants. It is important to state that computer software designers that
develop education support software are not part of the Testing & Educational Support
industry; they are part of the IT Consulting industry
If you are a close observer of the Testing & Educational Support industry, you will agree
that the controversial No Child Left Behind Act in the United States has been an important
driver of revenue for the Testing and Educational Support industry over the past decade.
This is due to the fact that education consultants play a prominent role in administering the
assessments that ensure schools meet federal guidelines. Hence, the industry will be
heavily impacted in the next half a decade by potential education reforms and fluctuations in
federal funding.
Nevertheless, college enrollment will continue to expand over the period, and international
student growth will continue, driven by high demand from students from Nigeria, China and
India. Even though tighter state budgets will limit unnecessary expenditure, underlying
demand for support services will still be sustained.
The Testing & Educational Support Industry is indeed a large industry and pretty much
active in countries such as United States of America, United Kingdom, France,
Germany, Italy, Holland, Switzerland, Australia and Canada et al.
Statistics has it that in the United States of America alone, there are about 7,639 registered
and licensed education consulting firm scattered all across the United States responsible for
employing about 115,967 and the industry rakes in a whooping sum of $15 billion annually.
The industry is projected to grow at 3.4 percent annual growth within 2011 and 2016. It is
important to state that ETS and Pearson PLC has the largest available market share in the
industry.
A recent research carried out by IBISWORLD reveals that the Testing and Educational
Support industry has expanded over the five years to 2016. The report stated that during
this time, revenue grew at an average annual rate of 0.9 percent to $13.7 billion in 2016.
The report pointed that the Testing and Educational Support industry is composed of three
main segments: educational testing providers, educational consultants and student-
exchange program providers. While overall growth has been strong, these segments have
experienced different levels of growth over the past five years, with educational testing
services accounting for the largest share of revenue growth.
The research further revealed that the No Child Left Behind (NCLB) Act of 2001 has driven
industry demand during much of the past decade. Under NCLB, which was signed into law
in January 2002, states had to implement major educational changes to remain eligible for
federal funding.
Lastly, one thing is certain about starting an education consulting firm, if you are able to
conduct your market research and feasibility studies, you are more likely not going to
struggle to secure clients because there are always individuals and even educational
institutions / schools that would want to hire your services from time to time.

Education Consulting Business Plan Executive Summary

Webster & Golden Education Consulting, LLP is a registered and licensed education
consulting firm that will be based in New York City New York. The firm will handle all
aspect of education related services; services such as providing college selection services,
providing educational consulting services, providing educational guidance counseling
services, providing educational support services, providing educational testing services,
attending school buses and facilitating student exchange programs.
We are aware that to run a standard education consulting firm can be demanding which is
why we are well trained, certified and equipped to perform excellently well.
Webster & Golden Education Consulting, LLP is a client focused and result driven
education consulting firm that provides broad- based services at an affordable fee that wont
in any way put a hole in the pocket of our clients. We will offer a standard and professional
education consulting services to all to our individual clients, and corporate clients at
national, and international level. We will ensure that we work hard to meet and surpass our
clients expectations whenever they hire our services.
At Webster & Golden Education Consulting, LLP, our clients best interest would always
come first, and everything we do is guided by our values and professional ethics. We will
 ensure that we hire professionals who are well experienced in the testing and educational
support industry
Webster & Golden Education Consulting, LLP will at all times demonstrate her
commitment to sustainability, both individually and as a firm, by actively participating in our
communities and integrating sustainable business practices wherever possible.
We will ensure that we hold ourselves accountable to the highest standards by meeting our
clients needs precisely and completely. We will cultivate a working environment that
provides a human, sustainable approach to earning a living, and living in our world, for our
partners, employees and for our clients.
Our plan is to position the business to become the leading brand in the testing and
educational support industry in the whole of New York City New York, and also to be
amongst the top 20 educational consulting firms in the United States of America within the
first 10 years of operations.
This might look too tall a dream but we are optimistic that this will surely be realized
because we have done our research and feasibility studies and we are enthusiastic and
confident that New York City New York is the right place to launch our education
consulting firm before sourcing for clients from other cities in The United States of America
and throughout the globe.
Webster & Golden Education Consulting, LLP is founded by Webster Magnus and Golden
Jade, his business partner for many years. The organization will be managed by both of
them since they have adequate working experience to manage such business.
Webster Magnus has well over 5 years of experience working at various capacities within
the testing and educational support industry in the United States of America. Webster
Magnus and Golden Jade have the required experience and qualifications to build a world
class education consulting firm that can favorably compete amongst leaders in the industry.
Our product and services
Webster & Golden Education Consulting, LLP is going to offer varieties of services within
the scope of the testing and educational support industry in the United States of America.
Our intention of starting our education consulting firm is to favorably compete with leading
players in the testing and educational support industry both in the United States of America
and in the world at large.
We are well prepared to make profits from the industry and we will do all that is permitted by
the law in the United States to achieve our business goals, aim and ambition. Our business
offerings are listed below;
Providing college selection services
Providing educational consulting services
Providing educational guidance counseling services
Providing educational support services
Providing educational testing services
Attending school buses
Facilitating student exchange programs
 Our Vision Statement
Our vision is to build an educational consulting brand that will become the number one
choice for both individual and corporate clients in the whole of New York City New York.
Our vision reflects our values: integrity, service, excellence and teamwork.
Our Mission Statement
Our mission is to position our education consulting firm to become the leading brands in the
testing and educational support industry in the whole of New York City New York, and
also to be amongst the top 20 education consulting firms in the United States of America
within the first 10 years of operations.
Our Business Structure
Normally we would have settled for two or three full time staff members, but as part of our
plan to build a standard education consulting firm in New York City New York, we have
perfected plans to get it right from the beginning which is why we are going the extra mile to
ensure that we have competent, honest and hardworking employees to occupy all the
available positions in our organization.
The picture of the kind of education consulting firm we intend building and the business
goals we want to achieve is what informed the amount we are ready to pay for the best
hands available in and around New York City New York.
We will ensure that we only hire people that are qualified, honest, hardworking, customer
centric and are ready to work to help us build a prosperous business that will benefit all the
stake holders (the owners, workforce, and customers).
As a matter of fact, profit-sharing arrangement will be made available to all our senior
management staff and it will be based on their performance for a period of five years or
more depending how fast we meet our set target. In view of that, we have decided to hire
qualified and competent hands to occupy the following positions;
Chief Executive Officer
Education Consultants
Admin and HR Manager
Marketing and Sales Executive
Accountant
Customer Care Executive / Front Desk Officer
Roles and Responsibilities
Chief Executive Office:
Increases managements effectiveness by recruiting, selecting, orienting, training,
coaching, counseling, and disciplining managers; communicating values, strategies, and
objectives; assigning accountabilities; planning, monitoring, and appraising job results;
developing incentives; developing a climate for offering information and opinions;
providing educational opportunities.
 Creates, communicates, and implements the organizations vision, mission, and overall
direction i.e. leading the development and implementation of the overall organizations
strategy.
Responsible for fixing prices and signing business deals
Responsible for providing direction for the business
Creates, communicates and implements the organizations vision, mission, and overall
direction i.e. leading the development and implementation of the overall organizations
strategy.
Responsible for signing checks and documents on behalf of the company
Evaluates the success of the organization
Education Consultants
Responsible for providing college selection services
Responsible for providing educational consulting services
Responsible for providing educational guidance counseling services
Responsible for providing educational support services
Responsible for providing educational testing services
Attends to school buses as it relates to students under our care
Responsible for facilitating student exchange programs
Admin and HR Manager
Responsible for overseeing the smooth running of HR and administrative tasks for the
organization
Designs job descriptions with KPI to drive performance management for clients
Regularly hold meetings with key stakeholders to review the effectiveness of HR Policies,
Procedures and Processes
Maintains office supplies by checking stocks; placing and expediting orders; evaluating
new products.
Ensures operation of equipment by completing preventive maintenance requirements;
calling for repairs.
Defines job positions for recruitment and managing interviewing process
Carries out staff induction for new team members
Responsible for training, evaluation and assessment of employees
Responsible for arranging travel, meetings and appointments
Updates job knowledge by participating in educational opportunities; reading professional
publications; maintaining personal networks; participating in professional organizations.
Oversees the smooth running of the daily office activities.
Marketing and Sales Executive
Identifies, prioritizes, and reaches out to new partners, and business opportunities et al
Identifies development opportunities; follows up on development leads and contacts;
participates in the structuring and financing of projects; assures the completion of relevant
projects.
Writes winning proposal documents, negotiate fees and rates in line with company policy
 Responsible for handling business research, marker surveys and feasibility studies for
clients
Responsible for supervising implementation, advocate for the customers needs, and
communicate with clients
Develops, executes and evaluates new plans for expanding increase sales
Documents all customer contact and information
Represent the organization in strategic meetings
Help increase sales and growth for the organization
Accountant
Responsible for preparing financial reports, budgets, and financial statements for the
organization
creates reports from the information concerning the financial transactions recorded by the
bookkeeper
Prepares the income statement and balance sheet using the trial balance and ledgers
prepared by the bookkeeper.
Provides managements with financial analyses, development budgets, and accounting
reports; analyzes financial feasibility for the most complex proposed projects; conducts
market research to forecast trends and business conditions.
Responsible for financial forecasting and risks analysis.
Performs cash management, general ledger accounting, and financial reporting for one or
more properties.
Responsible for developing and managing financial systems and policies
Responsible for administering payrolls
Ensures compliance with taxation legislation
Handles all financial transactions for the company
Serves as internal auditor for the organization
Client Service Executive / Front Desk Officer
Welcomes students and clients by greeting them in person or on the telephone;
answering or directing inquiries.
Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the
client with a personalized customer service experience of the highest level
Through interaction with clients on the phone, uses every opportunity to build clients
interest in the companys products and services
Manages administrative duties assigned by the manager in an effective and timely
manner
Consistently stays abreast of any new information on the organizations products,
promotional campaigns etc. to ensure accurate and helpful information is supplied to
clients
Receives parcels / documents for the organization
Distributes mails in the organization
Handles any other duties as assigned the line manager
 Education Consulting Business Plan SWOT Analysis
Going by our vision, our mission and the kind of business we want to set up, we dont
have any other option than to follow due process. Following due process involves hiring
business consultant to help us conduct SWOT analysis for our business. Webster &
Golden Education Consulting, LLP hired the services of a seasoned business consultant
with bias in start ups in the United States to help us conduct a thorough SWOT analysis
and to guide us in formulating other business strategies that will help us grow our business
and favorable compete in the testing and educational support industry.
As a company, we look forward to maximizing our strength and opportunities and also to
work around our weaknesses and threats. Here is a summary from the result of the SWOT
analysis that was conducted on behalf of Webster & Golden Education Consulting, LLP.
Strength:
Our core strength lies in the power of our team; our workforce. We have a team of highly
qualified education consultants and support staff members that can go all the way to give
our clients value for their money; a team that are trained, qualified and equipped to pay
attention to details and to deliver excellent education consulting services. We are well
positioned and we know we will attract loads of clients (students and international students
alike) from the first day we open our doors for business.
Weakness:
As a new education consulting firm, it might take some time for our organization to break
into the market and gain acceptance especially from international students in the already
saturated testing and educational support industry; that is perhaps our major weakness. So
also, we may not have the required cash to give our business the kind of publicity we would
have loved to.
Opportunities:
The opportunities in the testing and educational support industry is massive considering the
number of local and international students who cant do with key services provided by only
the testing and educational support industry. As a standard and well positioned education
consulting firm, we are ready to take advantage of any opportunity that comes our way.
Threat:
Some of the threats that we are likely going to face as an education consulting firm
operating in the United States are unfavorable government policies, the arrival of a
competitor within our location of operations and global economic downturn which usually
affects purchasing / spending power. There is hardly anything we can do as regards these
threats other than to be optimistic that things will continue to work for our good.

Education Consulting Business Plan MARKET ANALYSIS

Market Trends
If you a closer observer of the trends in the Testing & Educational Support industry, you will
agree that the controversial No Child Left Behind Act in the United States has been an
important driver of revenue for the Testing and Educational Support industry over the past
decade. This is due to the fact that education consultants play a prominent role in
administering the assessments that ensure schools meet federal guidelines.
 Hence, the industry will be heavily impacted in the next half a decade by potential education
reforms and fluctuations in federal funding. Nevertheless, college enrollment will continue to
expand over the period, and international student growth will continue, driven by high
demand from students from Nigeria, China and India. Even though tighter state budgets will
limit unnecessary expenditure, underlying demand for support services will still be
sustained.
Although it is cheaper to start an education consulting business, but the fact remains that it
is a bit challenging for new entrant to come into this industry, the primary barrier to the entry
for new establishment is the stiff registration requirements applicable in most countries not
just the United States of America.
As a matter of fact, education consulting firms must comply with local licensing criteria set
out by registration boards and professional associations to obtain registration in their
country or the state they want to operate from. This usually requires applicants to hold an
accredited tertiary qualification before they can undertake written tests of skills, knowledge
and abilities.
Lastly, the geographic distribution of education consulting firms and revenue in the industry
is based on population levels and business locations. Education consulting firms tend to be
located in areas with high populations students, and such areas tend to have higher level of
students who would want to sit for college exams, apply for international studies or for
student exchange programs.
Our Target Market
The demographic and psychographics composition of those who need the services of
education consulting services providers cut across students and schools at all levels.
Webster & Golden Education Consulting, LLP will initially serve students within our
immediate community, but that does not in any way stop us from growing to be able to
compete with the leading education consulting firms in the United States.
As a standard and licensed education consulting firm, Webster & Golden Education
Consulting, LLP offers a wide range of education consulting services hence we are well
trained and equipped to services a wide range of clientele base.
Our target market cuts across businesses of different sizes in both the individual and
corporate clients. We are coming into the industry with a business concept that will enable
us work with individuals, small businesses and bigger corporations in and around New York
City New York and other cities in the United States of America.
Below is a list of the people and organizations that we have specifically design our products
and services for;
International Students
Local students
Schools
Tutorial colleges
Our Competitive Advantage
 The level of competitions in the testing and educational support services industry depends
largely on the location of the business and of course the business model. If you can
successfully create a unique brand identity for your education consulting firm or carve out a
unique market, you are likely going to experience less competition.
For instance, if you are one of the few education consulting firms in your locations that has
the most qualified and experienced education consultant with successful track record under
your payroll, you are likely going to have a competitive advantage over your competitors.
We are quite aware that to be highly competitive in the testing and educational support
services industry means that we should be able to deliver expected results, our clients
should be able to pay for our services and we should be able to meet the expectations of
clients.
Webster & Golden Education Consulting, LLP might be a new entrant into the testing and
educational support services industry in the United States of America, but the management
staffs and owners of the business are considered gurus. They are people who are core
professionals and licensed and highly qualified education consultants and experts in the
United States. These are part of what will count as a competitive advantage for us.
Lastly, our employees will be well taken care of, and their welfare package will be among
the best within our category (start ups education consulting firms) in the industry meaning
that they will be more than willing to build the business with us and help deliver our set
goals and achieve all our aims and objectives.
Education Consulting Business Plan SALES AND MARKETING STRATEGY
We are mindful of the fact that there are stiffer competitions amongst education consulting
firms and other related educational support service providers in the United States of
America; hence we have been able to hire some of the best business developer to handle
our sales and marketing.
Our sales and marketing team will be recruited base on their vast experience in the industry
and they will be trained on a regular basis so as to be well equipped to meet their targets
and the overall goal of the organization. We will also ensure that our excellent job deliveries
speak for us in the market place; we want to build a standard and world class education
consulting firm that will leverage on word of mouth advertisement from satisfied clients (both
individuals and corporate organizations).
Our goal is to grow our education consulting firm to become one of the top 20 education
consulting firms in the United States of America which is why we have mapped out strategy
that will help us take advantage of the available market and grow to become a major force
to reckon with not only in the New York City New York, but also in other cities in the
United States of America.
Webster & Golden Education Consulting, LLP is set to make use of the following
marketing and sales strategies to attract clients;
Introduce our education consulting firm business by sending introductory letters alongside
our brochure to migrant communities, corporate organizations, households and key stake
holders in New York City and other cities in New York.
 Advertise our business in relevant magazines, newspapers, TV stations, and radio
station.
List our education consulting firm business on yellow pages ads (local directories)
Attend relevant international and local education, international studies and business
expos, seminars, and business fairs et al
Create different packages for different category of clients (local students and international
students et al) in order to work with their budgets and still deliver quality education
consulting services to them
Leverage on the internet to promote our education consulting firm
Engage in direct marketing approach
Encourage word of mouth marketing from loyal and satisfied clients
Join local chambers of commerce and industries with the aim of networking and
marketing our services.
Sources of Income
Webster & Golden Education Consulting, LLP is established with the aim of maximizing
profits in the testing and educational support services industry and we are going to go all
the way to ensure that we do all it takes to attract clients (local and international students)
on a regular basis.
Webster & Golden Education Consulting, LLP will generate income by offering the
following immigration consulting services;
Providing college selection services
Providing educational consulting services
Providing educational guidance counseling services
Providing educational support services
Providing educational testing services
Attending school buses
Facilitating student exchange programs
Sales Forecast
One thing is certain, there would always be local students, international students,
individuals, schools and tutorial colleges et al who would need the services of testing and
educational support services providers.
We are well positioned to take on the available market in New York City New York and
other key cities in the United States of America and we are quite optimistic that we will meet
our set target of generating enough income / profits from the first six month of operations
and grow the business and our clientele base beyond New York City to other cities in New
York and other states in the U.S.
We have been able to critically examine the education consulting services market and we
have analyzed our chances in the industry and we have been able to come up with the
following sales forecast. The sales projections are based on information gathered on the
field and some assumptions that are peculiar to similar startups in New York City New
York.
 Below are the sales projections for Webster & Golden Education Consulting, LLP, it is
based on the location of our business and the wide range of education consulting and
advisory services that we will be offering to our clients;
First Fiscal Year-: $250,000
Second Fiscal Year-: $450,000
Third Fiscal Year-: $950,000
N.B: This projection is done based on what is obtainable in the industry and with the
assumption that there wont be any major economic meltdown and natural disasters within
the period stated above. There wont be any major competitor offering same additional
services as we do within same location. Please note that the above projection might be
lower and at the same time it might be higher.
Our Pricing Strategy
Hourly billing for education consulting services is a long time tradition in the
industry. However, for some types of education consultancy services, flat fees make more
sense because they allow clients to better predict consultancy costs.
As a result of this, Webster & Golden Education Consulting, LLP will charge our clients a
flat fee for many basic services such as providing college selection services, providing
educational consulting services, providing educational guidance counseling services,
providing educational support services, providing educational testing services, attending
school buses and facilitating student exchange programs et al.
At Webster & Golden Education Consulting, LLP we will keep our fees below the average
market rate for all of our clients by keeping our overhead low and by collecting payment in
advance. In addition, we will also offer special discounted rates to both local and
international students from time to time.
We are aware that there are some clients that would need regular access to education
consultancy and advisory services and assistance, we will offer flat rate for such services
that will be tailored to take care of such clients needs.
Payment Options
The payment policy adopted by Webster & Golden Education Consulting, LLP is all
inclusive because we are quite aware that different customers prefer different payment
options as it suits them but at the same time, we will ensure that we abide by the financial
rules and regulation of the United States of America.
Here are the payment options that Webster & Golden Education Consulting, LLP will
make available to her clients;
Payment via bank transfer
Payment with cash
Payment via credit cards / Point of Sale Machines (POS Machines)
Payment via online bank transfer
Payment via check
Payment via mobile money transfer
Payment via bank draft
 In view of the above, we have chosen banking platforms that will enable our client make
payment for our testing and educational support services without any stress on their part.
Our bank account numbers will be made available on our website and promotional materials
to clients who may want to deposit cash or make online transfer for all education
consultancy and advisory services rendered.
Education Consulting Business Plan Publicity and Advertising Strategy
Any business that wants to grow beyond the corner of the street or the city they are
operating from must be ready and willing to utilize every available means (both conventional
and non conventional means) to advertise and promote the business. We intend growing
our business which is why we have perfected plans to build our brand via every available
means.
We know that it is important to create strategies that will help us boost our brand awareness
and to create a corporate identity for our education consultancy services firm business.
Below are the platforms we will leverage on to boost our brand and to promote and
advertise our business;
Place adverts on community based educational and related newspapers, radio stations
and TV stations.
Encourage the use of word of mouth publicity from our loyal customers
Leverage on the internet and social media platforms like; YouTube, Instagram, Facebook,
Twitter, LinkedIn, Snapchat, Badoo, Google+ and other platforms to promote our
business.
Ensure that we position our banners and billboards in strategic positions all around New
York City New York
Distribute our fliers and handbills in target areas in and around our neighborhood
Contact migrant communities, schools, and households et al by calling them up and
informing them of Webster & Golden Education Consulting, LLP and the educational
support services we offer
Advertise our business in our official website and employ strategies that will help us pull
traffic to the site
Brand all our official cars and school buses and ensure that all our staff members and
management staff wears our branded shirt or cap at regular intervals.
Education Consulting Business Plan Financial Projections and Costing
When it comes to calculating the cost of starting an education consulting firm, there are
some key factors that should serve as a guide.
Besides, in setting up any business, the amount or cost will depend on the approach and
scale you want to undertake. If you intend to go big by renting / leasing a big facility, then
you would need a good amount of capital as you would need to ensure that your employees
are well taken care of, and that your facility is conducive enough for workers to be creative
and productive.
This means that the start-up can either be low or high depending on your goals, vision and
aspirations for your business.
 The tools and equipment that will be used are nearly the same cost everywhere, and any
difference in prices would be minimal and can be overlooked. As for the detailed cost
analysis for starting an education consulting firm; it might differ in other countries due to the
value of their money.
Below are some of the basic areas we will spend our start up capital in setting up our
education consulting firm;
The total fee for incorporating the Business in the United States of America $750.
The total cost for payment of insurance policy covers (general liability, workers
compensation and property casualty) coverage at a total premium $9,400
The amount needed to acquire a suitable Office facility in a business district 6 months (Re
Construction of the facility inclusive) $40,000
The total cost for hiring Business Consultant $2,500
The cost for equipping the office (computers, software applications, printers, fax
machines, furniture, telephones, filing cabins, safety gadgets and electronics et al)
$5,000
Marketing promotion expenses for the grand opening of Webster & Golden Education
Consulting, LLP in the amount of $3,500 and as well as flyer printing (2,000 flyers at
$0.04 per copy) for the total amount of $3,580.
The cost for purchase of the required software applications (testing results tracking
Software, Payroll Software, CRM software, and Accounting Software et al) $10,500
The cost of launching our official Website $600
Budget for paying at least three employees for 3 months plus utility bills $10,000
Additional Expenditure (Business cards, Signage, Adverts and Promotions et al) $2,500
Miscellaneous: $1,000
Going by the report from the market research and feasibility studies conducted, we will need
over one hundred and fifty thousand (150,000) U.S. dollars to successfully set up a small
scale but standard education consulting firm in the United States of America. Please note
that the salaries of all our staff members for the first month is included in the expenditure.
Generating Funds / Startup Capital for Webster & Golden Education Consulting,
LLP
No matter how fantastic your business idea might be, if you dont have the required money
to finance the business, the business might not become a reality. No doubt raising start up
capital for a business might not come cheap, but it is a task that an entrepreneur must go
through.
Webster & Golden Education Consulting, LLP is a business that will be owned and
managed by Webster Magnus and Golden Jade, his business partner for many years. They
are the sole financial of the firm, but may likely welcome partners later which is why they
decided to restrict the sourcing of the start up capital for the business to just three major
sources.
These are the areas we intend generating our start up capital;
Generate part of the start up capital from personal savings
 Source for soft loans from family members and friends
Apply for loan from my Bank
N.B: We have been able to generate about $50,000 (Personal savings $40,000 and soft
loan from family members $10,000) and we are at the final stages of obtaining a loan facility
of $100,000 from our bank. All the papers and document has been duly signed and
submitted, the loan has been approved and any moment from now our account will be
credited.
EDUCATION CONSULTING BUSINESS GROWTH: Sustainability and Expansion
Strategy
The future of a business lies in the numbers of loyal customers that they have the capacity
and competence of the employees, their investment strategy and the business structure. If
all of these factors are missing from a business (company), then it wont be too long before
the business close shop.
One of our major goals of starting Webster & Golden Education Consulting, LLP is to build
a business that will survive off its own cash flow without the need for injecting finance from
external sources once the business is officially running.
We know that one of the ways of gaining approval and winning customers over is to offer
our education consultancy and advisory services a little bit cheaper than what is obtainable
in the market and we are well prepared to survive on lower profit margin for a while.
Webster & Golden Education Consulting, LLP will make sure that the right foundation,
structures and processes are put in place to ensure that our staff welfare are well taken of.
Our companys corporate culture is designed to drive our business to greater heights and
training and re training of our workforce is at the top burner of our business strategy.
As a matter of fact, profit-sharing arrangement will be made available to all our
management staff and it will be based on their performance for a period of three years or
more as determined by the board of the organization. We know that if that is put in place,
we will be able to successfully hire and retain the best hands we can get in the industry;
they will be more committed to help us build the business of our dreams.
Check List / Milestone
Business Name Availability Check: Completed
Business Incorporation: Completed
Opening of Corporate Bank Accounts various banks in the United States: Completed
Opening Online Payment Platforms: Completed
Application and Obtaining Tax Payers ID: In Progress
Application for business license and permit: Completed
Securing a standard office facility (renovation of the facility inclusive): Completed
Purchase of All form of Insurance for the Business: Completed
Conducting Feasibility Studies: Completed
Generating part of the start up capital from the founder: Completed
Applications for Loan from our Bankers: In Progress
 Writing of Business Plan: Completed
Drafting of Employees Handbook: Completed
Drafting of Contract Documents: In Progress
Design of The Companys Logo: Completed
Graphic Designs and Printing of Packaging Marketing / Promotional
Materials: Completed
Recruitment of employees: In Progress
Purchase of the Needed software applications, furniture, office equipment, electronic
appliances and facility facelift: In progress
Creating Official Website for the Company: In Progress
Creating Awareness for the business (Business PR): In Progress
Health and Safety and Fire Safety Arrangement: In Progress
Establishing business relationship with vendors and key players in the industry: In
Progress.