This Business Plan for a Law Firm allows entrepreneurs or business owners to create a
comprehensive and professional business plan. This template form allows a business
to outline the company's objectives and detail both current company information as well
as any past performance. Companies should include a complete market analysis in
their plan to help showcase why their business strategy will be effective in the market.
Future company plans, including production targets, management strategy, and
financial forecasting, should be used to demonstrate and confirm that the company's
short-term and long-term objective can and will be met. This model plan can be
customized to best fit the unique needs of any entrepreneur or owner that is seeking to
create a strong business plan.
[INSERT IMAGE/LOGO]
COMPANY NAME
ADDRESS
CITY, STATE, ZIP CODE
Tel.
Fax:
Email:
CONFIDENTIAL BUSINESS PLAN 20__
© Copyright 2012 Docstoc Inc. 1
Confidentiality Agreement
The undersigned recipient acknowledges that the information provided by COMPANY NAME is strictly confidential; therefore, recipient
agrees not to disclose it without the express written permission of COMPANY NAME.
It is acknowledged by recipient that information to be furnished in this business plan is in all respects confidential in nature, other than
information which is in the public domain through other means and that any disclosure or use of same by recipient may cause irreparable
harm or damage to COMPANY NAME.
Upon request, this document is to be immediately returned to COMPANY NAME.
___________________
Signature
___________________
Name (typed or printed)
___________________
Date
Business Plan #_______
This is a business plan. It does not imply an offering of securities in any manner whatsoever.
© Copyright 2012 Docstoc Inc. 2
Table of Contents
1.0 Executive Summary. ................................................................................................................................. 1
1.1 Objectives ............................................................................................................................................ 2
1.2 Mission ................................................................................................................................................ 2
1.3 Keys to Success ................................................................................................................................... 3
2.0 Company Summary .................................................................................................................................. 3
2.1 Company Ownership ............................................................................................................................ 3
2.2 Start-up Summary ................................................................................................................................ 3
3.0 Services .................................................................................................................................................. 5
Education Receivables ................................................................................................................................... 6
Judgment Enforcement................................................................................................................................... 6
Commercial Debt Collections .......................................................................................................................... 6
Consumer Debt Collections............................................................................................................................. 6
4.0 Market Analysis Summary ......................................................................................................................... 7
4.1 Market Segmentation ............................................................................................................................ 9
4.2 Target Market Segment Strategy ......................................................................................................... 10
4.3 Service Business Analysis ................................................................................................................... 10
4.3.1 Competition and Patterns of Selection ........................................................................................... 12
5.1 SWOT Analysis .................................................................................................................................. 12
5.1.1 Strengths .................................................................................................................................... 12
5.1.2 Weaknesses................................................................................................................................ 12
5.1.3 Opportunities ............................................................................................................................... 13
5.1.4 Threats ....................................................................................................................................... 13
5.2 Competitive Edge ............................................................................................................................... 13
5.3 Marketing Strategy.............................................................................................................................. 13
5.4 Revenue Strategy ............................................................................................................................... 13
5.4.1 Revenue Forecast........................................................................................................................ 13
5.5 Milestones ......................................................................................................................................... 15
Table: Milestones ................................................................................................................................. 15
6.0 Management Summary ........................................................................................................................... 16
6.1 Personnel Plan ................................................................................................................................... 16
Table: Personnel .................................................................................................................................. 16
7.0 Financial Plan ........................................................................................................................................ 16
7.1 Start-up Funding................................................................................................................................. 17
7.2 Important Assumptions ....................................................................................................................... 18
7.2 Important Assumptions ....................................................................................................................... 18
7.3 Break-even Analysis ........................................................................................................................... 18
Table: Break-even Analysis................................................................................................................... 18
7.4 Projected Profit and Loss .................................................................................................................... 19
7.5 Projected Cash Flow ........................................................................................................................... 22
7.6 Projected Balance Sheet ..................................................................................................................... 24
7.7 Business Ratios.................................................................................................................................. 25
7.7 Business Ratios.................................................................................................................................. 25
Table: Ratios ....................................................................................................................................... 25
Page 1
2010 COMPANY NAME
1.0 Executive Summary
Introduction
COMPANY NAME is a law firm specializing in creditor’s rights/debt collections, real estate, restaurant/hospitality, and outsourced
general counsel services. The firm will be primarily specializing in creditor’s rights and debt collections. The potential in the creditor’s
rights area especially is quite unique and exciting because the Company will be specializing in niche areas of debt collections, such
as Education Receivables, specialty areas within the healthcare industry and other industries such as Bail Bonds, Private
Investigators debt collections and Auto Deficiencies, among others. This business plan contains a detailed list of other verticals which
are potential areas of business for COMPANY NAME. COMPANY NAME will hire domain experts within a particular vertical for
business development purposes. In the Education Receivable arena, certain established business development people control a
large portion of the business available and hiring these people will provide a shortcut for COMPANY NAME to establish itself in this
particular niche which has a total of 2,197,188 loans currently in default and business available for collection which totals
approximately $7.7B with an average lo