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Need More $$$ for Business Expansion

Need More $$$ for Business Expansion

The local 1-800-GOT JUNK franchise needed additional capital to purchase equipment and acquire another available franchise. The franchise owner had already invested considerable capital in the start-up of the initial franchise and was not yet breaking even. Though he is an experienced businessperson, he needed assistance to convince a lending source to provide him with the capital he needed for additional growth. To reaise funds he knew he needed to develop a business plan. However, due to time constraints he was not able to complete one.

gotjunk
  • Approach

    Develop a business plan that highlighted the success of the business and its potential earnings generation. Describe in detail his impressive progress during the first eighteen months in business. Plan precisely the steps he would take to become as successful as the best franchises in the national system. Finally, demonstrate that the risk was low for the lending institution to provide him with the capital needed.

  • Result

    Business plan completed. Client and client’s CPA were very pleased with the comprehensive business plan and are confident of funding and exponential growth. Innovative Consulting Group, Inc. is prepared to implement the marketing plan portion by complementing the available marketing materials and support offered by the franchises’ corporate office.