MENTORING BUSINESS PLAN SAMPLE
Have you ever thought about starting a mentoring program? Mentoring program is a program that needs the experience to survive. Almost everyone needs a mentor to help them achieve success in their business
In this article, I present to you a mentoring program business plan sample that can be consulted when planning to start the business.
Here is a sample business plan for starting a youth mentoring program.
BUSINESS NAME: Brainbox mentoring world
- Executive Summary
- Our product and Services
- Vision Statement
- Mission Statement
- Business structure
- Market Analysis
- Sales and Marketing Strategy
- Competitive Advantage
- Conclusion
Executive Summary
Brainbox as of the present is a business that has fulfilled all the legal requirements needed for starting a business in Florida, United States of America. Our business will do all in its power and within the law to provide the best mentoring service for our clients both home and sway.
Alexander Kinsley will be both the owner and CEO of Brainbox mentoring world which will be located in Florida, United States of America. He has contributed a total of $20,000 from his personal savings and sales of some his properties. He would need a further $5,000 which will be borrowed from his bank to complete the startup fund amounting to $25,000.
Our Product and Services
Brainbox mentoring world is a business located in the heart of Florida in the United States of America. Based on the importance of our business, we are prepared to open our office for all people from all works of life. At brainbox mentoring world, we are prepared to provide the following chains of services:
- Design a format for the program to suit all our clients
- Attract participants through our superb recruitment process
- Connect with Mentors and mentee, using our profile matching methods
- Provide a guide for our client and help measure success.
We are sure that giving this will give them ample of opportunity to receive the best mentoring service ever. And we are ready to help them individually when they need it.
Vision Statement
Our vision in the industry is to build a separate mentoring world that will be the best not just in Florida, but in the whole world. We want positive testimonies to flow from peoples mouth about us.
Mission Statement
Our mission is to help provide the best mentoring service ever, a standard one that will be rated as the best in the world. We also wish to make our business a household name before our 3rd anniversary.
Business Structure
Knowing fully well that, our structure will go a long way in defining our success, in the mentoring program business. Brainbox has made plans to make our recruitment program the best and a very serious one. We would only be recruiting those who understand what our work is all about. Below are some offices to be filled:
- (Manager) CEO and Owner
- Accountant
- Mentors(12)
- Customer service personnel(2)
Market Analysis
Market Trend
The mentoring program is a program that people of all sort run to. Industries and business owners from time to time need the services of mentors, and if they detect that you offer a shallow service, they will flee from your desk. Successful mentors are those who have a stable program for helping mentees
Target Market
Like earlier stated, people from all works of life will need our service. Below are some of our listed targets.
- Industries
- Business owners
- Students
- Schools
Sales and Marketing Strategy
With the help of the best sales and marketing strategy, a business is meant to succeed pretty well. We have hired personnel who are very skilled in that field to help grow our business. Below are other plans made to reach our goal in the business:
- We will be sending an introductory letter to homes and offices to keep them aware of our business.
- We will also be making use of the popular and important news media like TV stations, Radio stations, Newspaper, and Magazines.
- We will also be making use of the internet, and especially the social media to broadcast our business.
- We will also be listing our business in the Yellow pages ads.
Financial Plan
Source of Startup Capital
Brainbox will need a minimum of $25,000 to start operations, and the owner has contributed a total of $20,000 from his personal saving and sales of some of his properties. The business will need a further $5,000 to complete the startup fund, and this will be sourced as a loan from his bank.
Competitive Advantage
Brainbox mentoring world is aware of the strong competition in the business, this has motivated us to put more effort into our business so as to be able to strongly meet the needs of our clients. Although new in the business, we will be taking a leaf from other business owners to see pitfalls and how they survived; at least the idea is enough to help paddle our boat to success.
Conclusion
Above is a sample and a standard Mentoring program business plan sample, the business will bear the name Brainbox mentoring world and will be operating from Florida in the United States of America. It will be owned and headed by Alexander Kingsley.