business plan for training institute pdf

Training Institute or Provider Business Plan Template

Download this Training Institute or Provider Business Plan Template Design in Word, Google Docs, Apple Pages Format. Easily Editable, Printable, Downloadable.

Ensure that your training agency is on the right track by using our accessible Training Institute or Provider Business Plan Template. This ready-made fie is perfect for companies that offer short duration courses and seminars for management and professional development. It is professionally-designed and industry-compliant to make sure you'll be able to craft the perfect road map from which your business develops. Use the template and be able to prove the viability of your concept to potential investors and provide them with a clear and engaging reason as to why there is a need for your training programs. Download this useful Template today!

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Did you find what you are looking for.

Thinking of starting a school or a coaching business? Or is it about vocational school?

Well, no matter what’s your business segment in the education and training sector—you need a solid business plan to turn it into a long-term success.

This library of education and training business plan samples here can inspire and guide you as you begin to plan your business. So, don’t worry; we got you covered on that part.

Let’s learn more about these sample training and education plans, starting with their benefits.

Benefits of using an industry-specific business plan example

Believe it or not, using an industry-specific business plan example is the best and probably the quickest way of writing a business plan.

Doubt it? Hold, this may change your perception; an extended list of the benefits of using an industry-specific business plan template.

• Inspiration : Reading a business-specific template can be incredibly helpful in getting content inspiration. Furthermore, it helps you gain insights into how to present your business idea, products, vision, and mission.
• Risk-free method : You are taking a reference from a real-life, let’s say, After-school program business plan—so you know this plan has worked in the past or uses a method subscribed by experts.
• Deep market understanding : Analyzing and reading such examples can provide clarity and develop a deeper market understanding of complex industry trends and issues you may not know but relate directly to the realities of your business landscape.
• Increased credibility : A business plan developed using an example follows a standard business plan format, wisely presents your business, and provides invaluable insights into your business. There’s no question it establishes you as a credible business owner, demonstrating your deep business and market understanding.
• Realistic financial projections : Financial forecasting being a critical aspect of your plan, this real-life example can help you better understand how they project their financials—ultimately helping you set realistic projections for your business.

These were the benefits; let’s briefly discuss choosing an education or training business plan template that best suits your business niche.

Choosing an Education or Training Business Plan

This category has business plan templates for various education or tutoring businesses. With many similar business types and templates, you may not find the most suitable one through manual scrolling.

Here are the steps to consider while choosing the most suitable business plan template.

Identify your business type

Are you going to be an online coaching platform? Or a traditional school? Or a general daycare center?

Asking yourself these questions will help you identify your business type, which will help in choosing a niche-specific business plan template.

Once you identify your business type, you can choose between templates for different business segments.

Search for the template

We have an in-built search feature, so you can easily search for a business-specific template using your business name as a key term(e.g., summer camp business plan). Once you have the search results, choose the most suitable one. Simple as that.

Review the example

Look closely at the content of the sample business plan you are considering. Analyze its sections and components to identify relevant as well as unnecessary areas.

Since all the Upmetrics templates are tailored to specific business needs, there won’t be many fundamental customizations. However, a hybrid business model targeting multiple customer segments may require adjustments.

No big deal—you can view and copy sections from other business plan examples or write using AI while customizing a template.

That’s how you find and select the most suitable business plan for educational services. Still haven’t found the perfect business plan example? Here’s the next step for you.

Explore 400+ business plan examples

Discover Upmetrics’ library of 400+ sample business plans to help you write your business plan. Upmetrics is a modern and intuitive business planning app that streamlines business planning with its free templates and AI-powered features. So what are you waiting for? Download your example and draft a perfect business plan.

From simple template to full finished business plan

Corporate Training Business Plan [Sample Template]

By: Author Tony Martins Ajaero

Home » Business Plans » B2B Sector

Do you want to start a corporate training business? If YES, here is a sample corporate training business plan template & FREE feasibility report. 

If you are a business coach or someone who has background in training, and you want to start a business, then you should consider starting your own corporate training firm. There are many corporate organizations, executives, entrepreneurs and even startups that will be more than willing to patronize your services.

Being a corporate trainer means that you will help your clients handle everything that has to do with training of their employees. That is, your goal as corporate trainer is to improve overall productivity. Starting a corporate training firm is not too expensive except for the money required to rent and furnish an office space.

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Running this type of business requires that you should be trained as a brand business coach and a peak performance specialist, and it is indeed a very lucrative business in the United states because every company wants to establish themselves as a world leader in their industry.

If you are truly convinced that starting a corporate training firm is the right business for you to do, then you need to write your own business plan. Below is a sample corporate training firm business plan template that will help you successfully write yours with little or no stress.

A Sample Corporate Training Business Plan Template

1. industry overview.

This industry includes companies that offer short duration courses and seminars for management and professional development.

Training is provided through public courses or through employers’ training programs, and the courses can be customized or modified. Instruction may be provided at the company’s training facilities or educational institutions, the workplace or the home and via television or the internet.

A close study of the Business Coaching industry shows that the industry is heavily reliant on demand from its largest market, the middle and senior management of US corporations. After rebounding from a period where businesses cut back on non-essential expenses, including employee business coaching programs, the industry is expected to flourish over the five years to 2017.

Although some companies will use internal resources for training, industry revenue is forecast to increase albeit at a slightly slower rate over the five years to 2022. In the future, the adoption of online training is expected to bolster the industry.

This alternative is a more affordable and flexible option for customers and offers lower operating costs for training providers.

The business coaching industry is in the mature phase of its life cycle and luckily for the industry, the advent of digital media has provided an opportunity for the industry to explore and experience vibrant growth. Of course, the industry is becoming more concentrated, as seen by a few large global firms dominating the market and gaining huge market share.

The Business Coaching industry is indeed a very large industry that is pretty much thriving in all parts of the world especially in developed countries such as United States of America, Canada, united kingdom, Germany, Australia, France and Italy et al.

Statistics have it that in the United States of America alone, there are about 51,532 licensed and registered business coaching cum corporate training firms responsible for employing about 88,222 employees and the industry rakes in a whooping sum of $11 billion annually with an annual growth rate projected at 3.5 percent.

It is important to state that no establishment has a lion share of the available market in this industry. A recent report published by IBISWorld shows that the rapid pace of technological change and overall shorter product life cycles have altered the skills required to be an effective manager.

To keep up with these changes and develop the skills of senior employees, many companies use business coaching seminars, such as the ones offered by the Business Coaching industry.

Large corporations have placed a greater value on seminars and workshops, resulting in higher industry demand. Courses related to new skills such as information technology and change management, have been growing areas for the industry.

As acceptance of the value of professional development and continuing education classes, the industry has benefited immensely because companies looking to host these courses often seek out industry operators.

As a corporate trainer, the key attributes needed to be able to make good success from the trade is patience, enthusiasm, passion about the specific subjects / skills to be tutored, and constant positivity. You are also expected to be highly proactive, be good at planning, preparation, and certain other organizational skills.

It is one thing to have a skill and it is another thing to know how to teach people the skills which is why you must constantly get feedback from your clients to be able to measure their progress and your performance.

2. Executive Summary

Jules Atkinson & Co® Corporate Training Firm, Inc. is a U.S based corporate training firm that will be located in Lake Street, Petoskey – Michigan. We have been able to secure a standard office facility in a central business district in Lake Street.

We are a corporate training firm that is set to compete in the highly competitive business coaching cum corporate training industry not only in the United States market, but also in the global market because our clientele base will not be restricted to just businesses and organizations in the United States but in the international market.

Jules Atkinson & Co® Corporate Training Firm, Inc. will offer robust corporate training to both corporate organization and individuals. Our core training areas will revolve around management development training, professional development training, quality assurance training and business coaching.

Our business goal is to become one of the leading corporate training firms in the United States of America with high profile corporate clients scattered all around the globe. Our workers are going to be selected from a pool of talented business coaches and corporate training experts in and around Petoskey – Michigan and also from any part of the world as the business grows.

We will make sure that we take all the members of our workforce through the required training that will position them to meet the expectation of the company and to compete with leading corporate training firms in the United States and of course throughout the globe.

At Jules Atkinson & Co® Corporate Training Firm, Inc. our client’s best interest will always come first, and everything we do will be guided by our values and professional ethics. We will ensure that we hold ourselves accountable to the highest standards by meeting our client’s business needs precisely and completely.

Jules Atkinson & Co® Corporate Training Firm, Inc. is founded by Jules Atkinson and she will run the business with other partners.

Jules Atkinson is a renowned business coach and corporate trainer. She has over 10 years of experience as a business coach and corporate trainer both in the United States of America and Canada. She has several business coaching and corporate training certifications and is a certified NPL practitioner.

3. Our Products and Services

Jules Atkinson & Co® Corporate Training Firm, Inc. is going to offer varieties of corporate training services within the scope of the corporate training and business coaching industry in the United States of America.

Our intention of starting our corporate training business is to help in developing our clients in any skills and knowledge of their choice as it relates to specific useful competencies; we want to help our clients develop their capability, capacity, productivity and performance and of course to also make profits from the corporate training industry and we will do all that is permitted by the law in the US to achieve our aim and business goal.

We will work hard to ensure that Jules Atkinson & Co® Corporate Training Firm, Inc. do not just work for clients in the United States of America, but also for clients in other parts of the world. Our service offerings are listed below;

• Providing management development training
• Providing professional development training
• Providing quality assurance training
• Providing business coaching
• Leadership skills
• customer services skills
• Financial management skills
• Management skills
• Interpersonal and Relationship management skills
• Online business Coaching Services

4. Our Mission and Vision Statement

• Our vision is to build a highly competitive and effective corporate training business that will become the number one choice for both individuals and corporate organizations in and around Petoskey – Michigan and the whole of the United States of America
• Our mission is to provide affordable and highly effective corporate training services to a wide range of clients that cuts across different divides. Our overall business goal is to position Jules Atkinson & Co® Corporate Training Firm, Inc. to become one of the leading corporate training brands in the industry in the whole of Petoskey – Michigan within the first 5 years of operation.

Our Business Structure

Jules Atkinson & Co® Corporate Training Firm, Inc. is a world class corporate training firm that intends starting small in Lake Street, Petoskey – Michigan, but hopes to grow big in order to compete favorably with leading corporate training firms in the United States and of course throughout the globe.

We are aware of the importance of building a solid business structure that can support the kind of world class business we want to own. This is why we are committed to only hiring the best hands within our area of operation.

At Jules Atkinson & Co® Corporate Training Firm, Inc. we will ensure that we hire people that are qualified, hardworking, and creative, result driven, customer centric and are ready to work to help us build a prosperous business that will benefit all the stakeholders.

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 as agreed by the board of trustees of the company. In view of the above, Jules Atkinson & Co® Corporate Training Firm, Inc. have decided to hire qualified and competent hands to occupy the following positions;

• Chief Executive Officer
• Corporate Trainer cum Business Coaching Specialist

Human Resources and Admin Manager

• Sales and Marketing Executive

Client Service Executive

5. Job Roles and Responsibilities

Chief Executive Officer – CEO:

• Upsurges management’s 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.
• Responsible for fixing prices and signing business deals
• Responsible for providing direction for the business
• Creates, communicates, and implements the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
• Responsible for signing checks and documents on behalf of the company
• Evaluates the success of the organization

Corporate Trainer/Business Coaching Specialist

• Responsible for providing management development training
• Delivers professional development training
• Provides quality assurance training
• Affords business coaching
• Provides leadership skills training
• Provides customer services skills training
• Provides financial management skills training
• Provides interpersonal and relationship management skills training
• Provides Online business Coaching Services
• Handles other related corporate training, advisory and consulting services
• Responsible for overseeing the smooth running of HR and administrative tasks for the organization
• Defines job positions for recruitment and managing interviewing process
• Carries out induction for new team members
• Responsible for training, evaluation and assessment of employees
• Oversees the smooth running of the daily office

Sales and Marketing Manager

• Manages external research and coordinate all the internal sources of information to retain the organizations’ best customers and attract new ones
• Models demographic information and analyze the volumes of transactional data generated by customer
• Identifies development opportunities; follows up on development leads and contacts; participates in the structuring and financing of projects; assures the completion of development projects.
• Writes winning proposal documents, negotiate fees and rates in line with organizations’ policy
• Responsible for handling business research, market surveys and feasibility studies for clients
• Responsible for supervising implementation, advocate for the customer’s needs, and communicate with clients
• Develops, executes and evaluates new plans for expanding sales
• Creates new markets cum businesses for the organization
• Empowers and motivates the sales team to meet and surpass agreed targets

Accountant/Cashier:

• Responsible for preparing financial reports, budgets, and financial statements for the organization
• 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 organization
• Serves as internal auditor for the organization.
• 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 client’s interest in the company’s 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 company’s products, promotional campaigns etc. to ensure accurate and helpful information is supplied to clients when they make enquiries
• Receives Visitors / clients on behalf of the organization
• Receives parcels / documents for the company
• Handles enquiries via e-mail and phone calls for the organization
• Distributes mails in the organization

6. SWOT Analysis

Jules Atkinson & Co® Corporate Training Firm, Inc. engaged the services of a core professional in the area of business consulting and structuring to assist our organization in building a well – structured corporate training and coaching business that can favorably compete in the highly competitive corporate training industry in the United States and the world at large.

Part of what the consultant did was to work with the management of our organization in conducting a SWOT analysis for Jules Atkinson & Co® Corporate Training Firm, Inc.. Here is a summary from the result of the SWOT analysis that was conducted on behalf of Jules Atkinson & Co® Corporate Training Firm, Inc.;

Our core strength lies in the power of our workforce. We have a team of experts in the industry, a team with excellent qualifications and experience in corporate training and business coaching.

Aside from the synergy that exists in our carefully selected faculty members and our strong online presence, Jules Atkinson & Co® Corporate Training Firm, Inc. is well positioned in a community with the right demography and we know we will attract loads of clients from the first day we open our doors for business.

As a new corporate training and business coaching school in Petoskey – Michigan, it might take some time for our organization to break into the market and gain acceptance especially from top profile clients in the already saturated corporate training and business coaching industry; that is perhaps our major weakness.

• Opportunities:

The opportunities in the corporate training industry is massive considering the number of individuals and corporate organizations who would want to acquire business skills and new soft skill sets in order to perform excellently in their jobs and personal life. As a standard corporate training firm, we are ready to take advantage of any opportunity that comes our way.

Every business faces a threat or challenge at some part of its cycle. These threats can be external or internal. This shows the importance of a business plan, because most threats or challenges are to be anticipated and plans put in place to cushion what effect they might bring to the business.

Some of the threats that we are likely going to face as a corporate training firm operating in the United States of America are unfavorable government policies that might affect business such as ours, the arrival of a competitor within our location of operation and global economic downturn which usually affects spending / purchasing 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.

7. MARKET ANALYSIS

• Market Trends

One thing is certain, the trend in the corporate training industry is such that if you want to be ahead of your competitors, you should be able to acquire as much certifications as possible and you should be able to have loads of testimonies from your clients.

The truth is that, if your clients experienced huge difference in their business as a result of contracting their corporate training and business coaching needs, then they will be compelled to help promote your organization.

Another notable trend in this industry is the influence of technology; the advent of technology is responsible for the increase in income generated by corporate trainers all over the world.

With technology, it is now easier for corporate trainers to train students that are thousands of kilometers away from them. Tools like video calling / Skype, YouTube, DVDs and Webcast et al are being used by corporate trainers to train students in different parts of the world.

8. Our Target Market

Jules Atkinson & Co® Corporate Training Firm, Inc. is specialized in empowering corporate executives with robust business skills that will help them improve their capacity, capability, efficiency and productivity at work and in their private life.

As a standard corporate training firm, Jules Atkinson & Co® Corporate Training Firm, Inc. offers a wide range of corporate trainings hence we are well trained and equipped to service a wide range of corporate clients. Our target market as a corporate training firm cuts across people of different classes and people from all walks of life.

We are coming into the corporate training industry with a business concept and company’s profile that will enable us work with clients at different learning stages and different status. Below is a list of the clients that we have specifically design our services for;

• Banks, Insurance Companies and other related Financial Institutions
• Blue Chips Companies
• Corporate Organizations
• Manufacturers and Distributors
• Real Estate Owners, Developers, and Contractors
• The Government (Public Sector)
• Celebrities, Politicians, Public Figures and Public Speakers
• Sport Organizations
• Religious Organizations
• Political Parties and Politicians
• Television Stations
• Printing Press (Publishing Houses) and Authors
• Aspiring celebrities
• Entrepreneurs and Startups

Our Competitive Advantage

The corporate training industry is indeed a very prolific and highly competitive industry. Clients will only hire your services if they know that you can successfully help them acquire a new skill set that will help them to be effective at work and in their organization.

It is the practice for corporate trainers and business coaches to acquire as much certifications as it relates to their area of specialization; it is part of what will make them stay competitive in the industry

We are quite aware that to be highly competitive in the corporate training and business coaching industry means that you should be able to deliver consistent quality service, your clients should be able to experience remarkable difference and improvement and you should be able to meet the expectations of your clients at all times.

Jules Atkinson & Co® Corporate Training Firm, Inc. might be new in Petoskey – Michigan, but our management team and the owner of the business are considered gurus in the industry.

They are licensed and highly qualified corporate trainers that can successfully build corporate skills in people with zero proficiency to an 8 or 10 on a scale of 10 within a short period of time. These are part of what will count as a competitive advantage for us.

Aside from our robust experience as corporate trainers, we have a very strong online presence that will enable us train clients in different parts of the world from our online portals.

Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category in the industry. It will enable them to be more than willing to build the business with us and help deliver our set goals and achieve all our business aims and objectives.

9. SALES AND MARKETING STRATEGY

• Sources of Income

Jules Atkinson & Co® Corporate Training Firm, Inc. is established with the aim of maximizing profits in the corporate training industry and we are going to go all the way to ensure that we do all it takes to attract clients on a regular basis. Jules Atkinson & Co® Corporate Training Firm, Inc. will generate income by offering the following corporate training services;

• Online Business Coaching Services

10. Sales Forecast

One thing is certain, there would always be corporate organizations, government agencies, non – profits and individuals who would need the services of corporate training firms to help train their staff.

Jules Atkinson & Co® Corporate Training Firm, Inc. is well positioned to take on the available market in the corporate training and business coaching industry and we are quite optimistic that we will meet our set target of generating enough income from our first six months of operation and grow our firm to enviable heights.

We have been able to critically examine the corporate training marketing space, we have analyzed our chances in the industry and we have been able to come up with the following sales forecast.

Below are the sales projections for Jules Atkinson & Co® Corporate Training Firm, Inc., it is based on the location of our business and of course the wide range of our corporate trainings and business coaching we offer and our target market;

• First Fiscal Year: $200,000
• Second Fiscal Year: $500,000
• Third Fiscal Year: $750,000

N.B : This projection was done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown and there won’t be any major competitor offering same corporate training as we do within the same location. Please note that the above projection might be lower and at the same time it might be higher.

• Marketing Strategy and Sales Strategy

We are mindful of the fact that there are stiff competitions amongst corporate training firms in the United States of America; hence we have been able to hire some of the best marketing experts to handle our sales and marketing.

Our sales and marketing team will be recruited based 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 Jules Atkinson & Co® Corporate Training Firm, Inc.

We will also ensure that our clients’ becomes experts with the skills they acquire; we want to build a first – class corporate training firm that will leverage on word of mouth advertisement from our satisfied clients.

Our goal is to grow Jules Atkinson & Co® Corporate Training Firm, Inc. to become one of the top 10 corporate training firms in the United States of America which is why we have mapped out strategies that will help us take advantage of the available market and grow to become a major force to reckon with not only in Petoskey – Michigan but also in other cities in the United States of America.

Jules Atkinson & Co® Corporate Training Firm, Inc. is set to make use of the following marketing and sales strategies to attract clients;

• Introduce our corporate training and business coaching firm by sending introductory letters alongside our brochure to corporate organizations, government agencies, NGOs and key stake holders in and around Petoskey – Michigan.
• Print out fliers and business cards and strategically drop them in offices, libraries, public facilities and train stations et al.
• Use friends and family to spread word about our corporate training and business coaching firm
• Post information about our corporate training and business coaching firm on bulletin boards in places like schools, libraries, and local coffee shops.
• Place a small classified advertisement in the newspaper, or local publication about our firm
• Use referral networks such as agencies that will help match clients with our corporate training firm
• Advertise our firm in relevant educational magazines, newspapers, TV and radio station.
• Attend relevant educational expos, seminars, and business fairs et al
• Engage direct marketing approach
• Encourage word of mouth marketing from loyal and satisfied clients

11. Publicity and Advertising Strategy

We have been able to work with our in – house brand and publicity consultants to help us map out publicity and advertising strategies that will help us walk our way into the heart of our target market.

We are set to become the number one choice for both corporate clients and individual clients in the whole of the United States and beyond which is why we have made provisions for effective publicity and advertisement of our corporate training firm.

Below are the platforms we intend to leverage on to promote and advertise Jules Atkinson & Co® Corporate Training Firm, Inc.;

• Place adverts on both print (newspapers and magazines) and electronic media platforms
• Sponsor relevant community based events / programs
• Leverage on the internet and social media platforms like Instagram, Facebook, twitter, YouTube, Google + et al to promote our services
• Install our billboards in strategic locations all around Lake City Petoskey – Michigan
• Engage in roadshows from time to time in targeted neighborhoods
• Distribute our fliers and handbills in target areas
• Contact corporate organizations, non – profits and government agencies by calling them up and informing them of Jules Atkinson & Co® Corporate Training Firm, Inc. and the services we offer
• List Jules Atkinson & Co® Corporate Training Firm, Inc. in local directories / yellow pages
• Advertise Jules Atkinson & Co® Corporate Training Firm, Inc. in our official website and employ strategies that will help us pull traffic to the site.
• Ensure that all our staff members wear our branded shirts and all our vehicles are well branded with our company logo.

12.  Our Pricing Strategy

At Jules Atkinson & Co® Corporate Training Firm, Inc. we will keep the prices of our services below the average market rate for all of our customers by keeping our overhead low and by collecting payment in advance from corporate organizations who would hire our services. In addition, we will also offer special discounted rates to all our customers at regular intervals.

We are aware that there are some one – off jobs or government contracts which are always lucrative, we will ensure that we abide by the pricing model that is expected from contractors or organizations that bid for such contracts.

So also, there are some clients that would need regular access to corporate training and business coaching consultancy and advisory services, 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 Jules Atkinson & Co® Corporate Training Firm, Inc. 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 Jules Atkinson & Co® Corporate Training Firm, Inc. will make available to her clients;

• Payment via bank transfer
• Payment with cash
• Payment via credit cards
• 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 services without any stress on their part. Our bank account numbers will be made available on our website and promotional materials.

13. Startup Expenditure (Budget)

It is a known fact that 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 a place, 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.

The materials 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 a standard corporate training and business coaching; it might differ in other countries due to the value of their money.

However, this is what it would cost us to setup Jules Atkinson & Co® Corporate Training Firm, Inc. in the United of America;

• Business incorporating fees in the United States of America will cost – $750.
• The budget for Liability insurance, permits and license will cost – $3,500
• Leasing / renting an office space in a good location in Lake Street Petoskey – Michigan that will accommodate the number of employees for at least 6 months (Re – Construction of the facility inclusive) will cost – $150,000.
• The cost for furnishing and equipping the office (computers, printers, projectors, markers, servers / internet facility, furniture, telephones, filing cabinets, and electronics) will cost – $30,000
• The amount required to purchase the needed software applications – $3,500
• Launching an official website will cost – $500
• The amount need to pay bills and staff members for at least 2 to 3 months – $70,000
• Additional Expenditure such as Business cards, Signage, Adverts and Promotions will cost – $5,000
• Miscellaneous – $5000

Going by the report from the market research and feasibility studies conducted, we will need about two hundred and fifty thousand ( 250,000 ) U.S. dollars to successfully set up a medium scale but standard corporate training and business coaching firm in the United States of America.

Generating Funding/Startup Capital for Shae’s Touch Studios Business

Jules Atkinson & Co® Corporate Training Firm, Inc. is a private registered business that will be owned, financed and managed by Jules Atkinson and other partners. They are the financiers of the business which is why they decided to restrict the sourcing of the startup capital for the business to just three major sources.

These are the areas we intend generating our startup capital;

• Generate part of the startup capital from personal savings and sale of his stocks
• Generate part of the startup capital from friends and other extended family members
• Generate a larger chunk of the startup capital from the bank

N.B: We have been able to generate about $100,000 ( Personal savings $85,000 and soft loan from family members $15,000 ) and we are at the final stages of obtaining a loan facility of $150,000 from our bank. All the papers and documents have been duly signed and submitted, the loan has been approved and any moment from now our account will be credited.

14. Sustainability and Expansion Strategy

It is an established fact that, the future of a business lies in the number of loyal customers they have, the capacity and competence of their employees, their investment strategy and the business structure. If all of these factors are missing from a business, then it won’t be too long before the business close shop.

One of our major goals of starting Jules Atkinson & Co® Corporate Training Firm, Inc. 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 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.

Jules Atkinson & Co® Corporate Training Firm, Inc. will make sure that the right foundation, structures and standard operating processes are put in place to ensure that our staff welfare are well taken of. Our company’s corporate culture is designed to drive our business to greater heights and training and retraining 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 five 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 Payer’s ID: In Progress
• Securing a standard office facility in a good location in Lake Street, Petoskey – Michigan: Completed
• Application for business license and permit: Completed
• Purchase of Insurance for the Business: Completed
• Conducting Feasibility Studies: Completed
• Generating part of the startup capital from the founders: Completed
• Writing of Business Plan: Completed
• Drafting of Employee’s Handbook: Completed
• Drafting of Contract Documents: In Progress
• Design of Logo for the business: Completed
• Secure trademark for our products: In Progress
• Printing of Promotional Materials: Completed
• Recruitment of employees: In Progress
• Purchase of the needed furniture, office equipment, software applications, electronic appliances and facility facelift: In progress
• Creating Official Website for the business: In Progress
• Creating Awareness for the business: In Progress
• Health and Safety and Fire Safety Arrangement: In Progress
• Establishing business relationship with vendors and key players in various industries: In Progress

Business Plan Template for Training And Development

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• Ready-to-use, fully customizable Subcategory
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Are you ready to take your training and development program to the next level? Look no further than ClickUp's Business Plan Template for Training and Development. This template is a game-changer for companies and entrepreneurs looking to establish or expand their training initiatives.

With ClickUp's Business Plan Template, you can:

• Clearly outline your goals, objectives, and strategies to attract investors and secure funding
• Create a comprehensive financial plan to effectively manage your training program's budget
• Streamline your planning process and collaborate with your team in one centralized location

Don't miss out on the opportunity to make your training and development program a success. Get started with ClickUp's Business Plan Template today!

Business Plan Template for Training And Development Benefits

A Business Plan Template for Training and Development can provide numerous benefits to companies and entrepreneurs:

• Clearly define training and development goals and objectives
• Develop a comprehensive strategy for implementing training programs
• Identify and allocate resources effectively to support the training initiatives
• Create a roadmap for measuring the success and impact of the training programs
• Attract investors and secure funding by showcasing a well-thought-out business plan
• Ensure alignment between training and development initiatives and overall business objectives
• Enable effective management and monitoring of training programs
• Provide a framework for continuous improvement and adaptation of training strategies
• Facilitate collaboration and communication among stakeholders involved in training and development efforts

Main Elements of Training And Development Business Plan Template

ClickUp's Business Plan Template for Training and Development is the perfect tool to help you create a comprehensive plan for your training initiatives. Here are the main elements of this template:

• Custom Statuses: Track the progress of each section of your business plan with statuses such as Complete, In Progress, Needs Revision, and To Do.
• Custom Fields: Add important details to your plan using custom fields like Reference, Approved, and Section, allowing you to categorize and organize your information.
• Custom Views: Utilize different views to gain insights into your plan, including the Topics view to focus on specific areas, the Status view to track progress, the Timeline view to visualize deadlines, the Business Plan view for an overview of all sections, and the Getting Started Guide view to easily navigate the template.

With ClickUp's Business Plan Template for Training and Development, you'll have all the tools you need to create a successful plan that will propel your training initiatives forward.

How To Use Business Plan Template for Training And Development

If you're looking to create a comprehensive business plan for training and development, the Business Plan Template in ClickUp can be a valuable tool. Follow these six steps to make the most of this template and ensure that your training and development initiatives are well-planned and successful.

1. Define your objectives

Start by clearly defining the objectives of your training and development program. Are you looking to improve employee skills, enhance leadership capabilities, or onboard new hires effectively? Identifying your objectives will help you tailor your plan to meet specific goals.

Use custom fields in ClickUp to outline and track your training and development objectives.

2. Assess your current situation

Evaluate your current training and development practices and identify areas for improvement. Look for gaps in skills, knowledge, or resources that need to be addressed. This will help you determine the specific training programs and initiatives required.

Utilize the Gantt chart in ClickUp to visualize your current situation and plan for necessary changes.

3. Identify target audience and training needs

Identify the specific audience or employees who will benefit from the training and development program. Conduct a needs analysis to determine the skills and knowledge gaps that need to be addressed for each target group. This will help you tailor your training programs to meet their specific needs.

Create tasks in ClickUp to assign training needs analysis to team members and track progress.

4. Develop a training plan

Based on the identified training needs, develop a comprehensive training plan. Outline the specific training programs, workshops, or courses that will be provided. Include details such as content, delivery methods, and timelines. Consider incorporating a mix of internal and external training resources.

Use Board view in ClickUp to create a visual representation of your training plan and track the progress of each training program.

5. Allocate resources and budget

Determine the resources and budget required to implement your training and development plan. This includes identifying trainers or facilitators, training materials, technology platforms, and any other necessary resources. Allocate a budget that covers all aspects of the training program.

Utilize custom fields in ClickUp to track resource allocation and budget for each training program.

6. Implement, evaluate, and adjust

Implement your training and development initiatives according to the plan. Monitor the progress, evaluate the effectiveness of each program, and gather feedback from participants. Use this feedback to make necessary adjustments and improvements to your training and development plan.

Set up Automations in ClickUp to schedule regular evaluations and collect feedback from participants. Use this data to continuously improve your training and development initiatives.

By following these six steps and utilizing the Business Plan Template in ClickUp, you'll be able to create a well-structured and effective plan for training and development in your organization.

Get Started with ClickUp’s Business Plan Template for Training And Development

Companies or entrepreneurs who are looking to establish or expand their training and development programs can use the ClickUp Business Plan Template for Training And Development to streamline the process and ensure all aspects are covered.

To get started, hit “Add Template” to sign up for ClickUp and add the template to your Workspace. Make sure you designate which Space or location in your Workspace you’d like this template applied.

Next, invite relevant members or guests to your Workspace to start collaborating.

Now you can take advantage of the full potential of this template to create a comprehensive business plan:

• Use the Topics View to break down your business plan into different sections and topics
• The Status View will help you track the progress of each section and topic, with statuses such as Complete, In Progress, Needs Revision, To Do
• The Timeline View will provide a visual representation of your training and development milestones and deadlines
• The Business Plan View will give you an overview of your entire plan, allowing you to easily navigate and make updates
• The Getting Started Guide View will provide step-by-step instructions and guidance on how to use the template effectively
• Utilize the custom fields Reference, Approved, and Section to add additional information, track approvals, and categorize different sections
• Collaborate with team members to brainstorm ideas, set goals, and develop strategies
• Monitor and analyze the progress of your business plan to ensure it aligns with your training and development objectives.
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Business Plan for PWF Technical and Vocational Training Centre in Orangi Town Karachi

This is the Business Plan for Pakistan Workers Federation’s Technical and Vocational Training Centre (TVTC) in Organi town, Karachi, Pakistan. It is a confidential document and meant for seeking investment for revival of the TVTC. Therefore only limited content has been made public here. Funding support for this Business Plan has been provided by the International Labour Organization (ILO), Pakistan. ILO does not however endorse the content of the document in any manner whatsoever. Copyrights of this Business Plan belong solely to PWF. A through research on existing demand among youth, parents and employers, current and potential competition, and sustainability options was carried out to feed the development of this Business Plan for WPF.

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