Human Geometry (HG) is a human resource
consulting company.HG is targeting the emerging company market.This will be especially appealing to many startup companies
that find capital scarce.
Major Adversity, the owner will be
leveraging his past and current personal/professional relationships to generate
business for Human Geometry.Major will be the sole employee until
month six when he will be hiring a human resource specialist/manager to help out
with the consulting.
Objectives
The objectives for the first three years of operation include:
- To create a service-based company whose primary goal is to exceed customer's expectations.
- To increase our number of clients served by 20% per year through superior performance and word-of-mouth referrals.
- To develop a sustainable start-up consultancy firm that can survive off its own cash flow and has significant equity holdings in emerging companies.
Service Summary
Human Geometry provides human resource
consulting to emerging companies in the Portland/Vancouver market.Human
Geometry will charge a below market rate and take stock options in the
company.Human Geometry will provide consulting for the following
service areas:
- Human resource management.
- Organizational management.
- Professional development.
- Employee relations.
- Labor relations.
- Benefits and compensation.
- HR policy and procedure.
- Executive search.
Market Analysis
Emerging companies will be the target market for several reasons:- They are in need of HR services as they are growing rapidly.
- They often do not have a large enough in-house solution as they are increasing in size.
- Capital is a scarce resource for emerging companies so the ability to accept stock options in replace of cash is appealing.
Milestone
Human Geometry will have several
milestones early on:
- Business plan completion.This will be done as a roadmap for the organization.This will be an indispensable tool for the ongoing performance and improvement of the company.
- Set up office.
- HG's first five customers.
- Profitability
Sales Strategy
As stated earlier, the marketing and sales will be
done primarily through networking. This means the HG will have
been developed through a personal/professional relationship that HG has
developed either in his previous professional work or through his activities.
HG will be able to explain to the prospective client the areas that he has
experience in and the solutions that HG can offer.
The first month will be used to set up the office. Additionally, during the first month HG will be working hard on developing
contracts. The second month will see some activity, but it will not be until
month six when business will be picking up at a higher rate.Sales will
continue to grow through year three.