education agency business plan

Business Plan Template for Education

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Starting or expanding an educational venture can be an exciting yet challenging endeavor. To ensure that your goals are clearly defined and your strategies are solid, you need a comprehensive business plan. That's where ClickUp's Business Plan Template for Education comes in!

This template is perfect for education institutions, entrepreneurs, or investors who want to outline their goals, strategies, and financial projections. With ClickUp's business plan template, you can create a roadmap for success and attract potential stakeholders to support your educational venture.

This template includes everything you need to:

• Define your educational goals and mission
• Develop strategies for growth and sustainability
• Create financial projections and budgets
• Outline marketing and outreach plans
• Identify potential risks and mitigation strategies

Don't miss out on the opportunity to bring your educational vision to life. Get started with ClickUp's Business Plan Template for Education today!

Business Plan Template for Education Benefits

A business plan template for education offers a multitude of benefits to education institutions, entrepreneurs, or investors looking to start or expand their educational ventures. Some of the key benefits include:

• Providing a clear roadmap for success by outlining goals, strategies, and financial projections
• Attracting potential stakeholders, such as investors or partners, by showcasing a well-thought-out plan
• Ensuring alignment and focus by defining the mission, vision, and values of the educational enterprise
• Analyzing market trends and competition to identify unique selling points and opportunities for growth
• Guiding resource allocation and budgeting decisions to optimize financial sustainability
• Facilitating communication and collaboration among team members and stakeholders
• Supporting decision-making processes by evaluating risks and creating contingency plans
• Enhancing credibility and professionalism for grant applications or funding proposals
• Monitoring progress and tracking key performance indicators to measure success and make adjustments as needed.

Main Elements of Education Business Plan Template

ClickUp's Business Plan Template for Education provides all the essential elements to help you create a comprehensive and strategic roadmap for your educational venture:

• Custom Statuses: Track the progress of your business plan with statuses such as Complete, In Progress, Needs Revision, and To Do.
• Custom Fields: Utilize custom fields like Reference, Approved, and Section to add important information and categorize different sections of your business plan.
• Custom Views: Access different views to organize and analyze your business plan, including Topics view to focus on specific topics, Status view to track the progress of each section, Timeline view to visualize milestones and deadlines, Business Plan view for a holistic overview, and the Getting Started Guide view to help you navigate through the template.

With ClickUp's Business Plan Template for Education, you can streamline your planning process, collaborate with stakeholders, and ensure a clear path to success for your educational venture.

How To Use Business Plan Template for Education

If you're in the education industry and need to create a business plan, our Business Plan Template for Education can help guide you through the process. Follow these four steps to effectively use the template and create a comprehensive and actionable plan for your educational institution:

1. Define your vision and mission

Start by clearly articulating your vision and mission for your educational institution. What is the long-term goal you want to achieve? What values and principles will guide your organization? By clearly defining your vision and mission, you'll have a solid foundation for your business plan.

Use a Doc in ClickUp to brainstorm and outline your vision and mission statements.

2. Conduct market research

To create a successful business plan, you need to have a deep understanding of the market and the competitive landscape. Research trends in the education industry, analyze your target audience, and identify your unique selling points. This information will help you position your institution effectively and develop strategies to attract and retain students.

Use the Table view in ClickUp to organize and analyze your market research data.

3. Develop your curriculum and programs

The curriculum and programs you offer are crucial to the success of your educational institution. Define the courses and programs you will offer, outline the learning objectives, and design a comprehensive curriculum that aligns with industry standards and meets the needs of your target audience.

Create tasks in ClickUp to outline each course and program, assign responsible team members, and set deadlines.

4. Create a financial plan

A solid financial plan is essential for the sustainability and growth of your educational institution. Determine your startup costs, projected revenue, and operating expenses. Additionally, consider funding options, such as grants or investments, and create a budget that aligns with your financial goals.

Use Dashboards in ClickUp to track your financial projections, expenses, and funding options in one centralized location.

By following these four steps and utilizing our Business Plan Template for Education in ClickUp, you'll be well on your way to creating a comprehensive and actionable business plan for your educational institution.

Get Started with ClickUp’s Business Plan Template for Education

Education institutions, entrepreneurs, or investors who are looking to start or expand educational ventures can use the ClickUp Business Plan Template for Education to create a comprehensive and organized business plan.

First, 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 successful business plan:

• Use the Topics View to outline and organize the different sections of your business plan
• The Status View will help you track the progress of each section, with statuses like Complete, In Progress, Needs Revision, and To Do
• Utilize the Timeline View to set deadlines and milestones for each section, ensuring timely completion
• The Business Plan View provides a comprehensive overview of your entire plan, allowing you to review and make adjustments as needed
• Create a Getting Started Guide View to provide step-by-step instructions for team members or stakeholders involved in the implementation of the plan
• Customize the template by adding custom fields like Reference, Approved, and Section to provide additional information and categorization for each section
• Update statuses and custom fields as you progress through the plan to keep everyone informed and ensure accountability.
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Education Agency Business Plan Template

Explore Options to Get a Business Plan.

Are you interested in starting your own Education Agency Business?

Introduction

Global market size, target market, business model, competitive landscape, legal and regulatory requirements, financing options, marketing and sales strategies, operations and logistics, human resources & management.

How to Start an Education Consulting Business

Below you will learn the key steps to starting an educational consulting firm.

Download the Ultimate Consulting Business Plan Template

10 Steps to Starting Your Own Educational Consulting Business

1. conduct market research to determine demand.

An important step to starting an educational consulting business is conducting market research. To begin, you must learn what services your clients want and how much they are willing to pay for them. There are two ways you can go about conducting this research:

• Survey your target market . This can be done by conducting online surveys, conducting phone interviews, or sending out questionnaires.
• Review the competition . Look at how other educational consultants are marketing their services and what services they offer. This will give you an idea of what services are in high demand and how you can differentiate yourself from the competition.

Once you have analyzed the survey data, determine which types of businesses are likely to hire you and how much they are willing to pay. Use this information to set your consulting prices.

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• Chapter 4: The Roadmap To Scaling Your Consulting Business To $1 Million and Beyond

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2. Name Your Education Consulting Business

Once you have analyzed your market and determined what services clients want, it’s time to name your educational consultancy business. While naming a business can be difficult, there are a few rules of thumb to keep in mind:

• Keep it Short : Your business name needs to be short enough for clients to remember and say.  
• Keep it Relevant : Your business name should be relevant to the education services you offer and your target market’s needs.
• Keep it Memorable : Using clever ideas and words, help your audience connect with your business.
• Focus on Your Target Market :  Make sure that whoever sees or hears your company name understands who you are targeting as clients.

Read our article about choosing the right business name .

3. Choose Your Business Structure and Set-Up Your Company’s Legal Entity

As with any business, the type of legal entity you set up is critical.  After all, you want your company to be treated as a separate entity, not just an extension of yourself.  There are several types of structures in which you can start your own educational consulting business. Three popular options are sole proprietorship, S-corporation and LLC (limited liability company).

• Sole Proprietorship :  A sole proprietorship is one in which the business and the owner are considered to be one entity. Therefore, you are personally responsible for all debts and liabilities your education consultancy business may incur. One benefit of this type of structure is that it’s easy to set up and there are no formal filings required.
• S-Corporation : An S corporation is a type of C Corporation that was designed by the IRS to help small corporations minimize their paperwork while still gaining many of the tax benefits of incorporating. It also offers protection for business owners in case of lawsuits and other liabilities.
• Limited Liability Company (LLC) :  An LLC is a structure in which the company is considered a separate legal entity from its owners. This means that the company is responsible for its own debts and liabilities. This type of structure offers protection for business owners in case of lawsuits.

Read our article comparing the most common consulting business structures .

4. Write an Education Consulting Business Plan

A business plan is a document that outlines your business goals, strategies, and how you plan to achieve them. For an educational consulting company, your business plan should include the following:

• Business Description : Describe what your company does, who your target market is, and how you will differentiate yourself from the competition.
• Industry & Market Analysis : Detail your research on the industry and what services clients are most likely to want.
• Financial Plan : Outline your estimated income and expenses for the next three to five years.

Other sections of your plan will answer other key questions such as the following:

• What are your areas of expertise?
• What services can you offer your clients?
• Who is your target audience?
• How will you differentiate yourself from the competition?

Your business plan should also include several sections that detail your company’s history, current financial situation, and future goals. These sections will allow an investor to learn more about your company before they commit to investing in it.

Read our article about how to write a consulting business plan .

5. Apply for the Necessary Permits and Licenses

You must register your education consultancy business as a legal entity with the state in which you plan to do business.

To file your business with the state, obtain the necessary forms from the Secretary of State’s website or local County Clerk’s office. You will be required to pay a small fee for filing your business with the state.

Registering with the federal government may or may not be required. You can register your business on the federal level by obtaining an Employer Identification Number (EIN) from the IRS.

Read our article about obtaining the proper consulting business licenses .

6. Determine Your Budget & Apply for Funding as Needed

As with any business, you will need to use your own capital to finance the initial stages of your educational consulting company.  Your budget may also include several other costs including marketing expenses and the salary you wish to pay yourself.  

After determining how much money you will invest in starting your business, review some options for financing your business.  Here are several financing options that may be available to you:

• SBA Loans : The Small Business Administration (SBA) is a government agency that provides financial assistance to small businesses in the U.S.  
• Bank Loans : Many small business owners are able to secure loans from their local banks. Often, you can borrow money for any purpose that relates to the growth of your company.
• Friends and Family : You can consider getting loans and/or equity investments from friends and family members..
• Angel investors : Angel investors may provide debt or equity funding to you.

Read our article about the costs associated with starting a consulting business to help you determine if funding is needed.

7. Get the Technology & Software Needed to Run Your Educational Consulting Company Efficiently

As an educational consulting firm, you will need different types of technology to complete projects and keep track of your company’s operations. To simplify the process of starting a consulting company, we’ve provided a list below detailing some items that you’ll need:

Computers : Even if most of your work is done remotely with clients on the other side of the country or world, you will need at least one computer that is dedicated to your educational consulting company.

Software : Software is an essential component of any new business. The right software can help you manage projects, track expenses, and communicate with clients more effectively.

Here are some popular software platforms that may be beneficial to your business:

• Microsoft Office : This software suite includes a variety of applications that can help you manage your company, including Word, Excel, and PowerPoint.
• QuickBooks : This software is designed for small businesses and can help you track income and expenses, create invoices, and manage payroll.
• Basecamp : This project management software can help you manage multiple projects simultaneously and keep track of deadlines and milestones.
• Gmail : Google’s email platform offers several features that can be helpful for educational consultants, including the ability to access the same email from multiple devices.
• CRM : Customer relationship management software can help you track customer communication, manage leads, and create reports that detail your sales activities.

There may be additional software options available for educational consultants, so be sure to ask other educational consultants to find the best options for your business.

Read our article about the technology and software you need to run a consulting business .

8.  Market Your Educational Consulting Firm to Potential Clients

Once you’ve established your educational consulting company, the next step is to market it to potential clients.

Here are some common marketing strategies used for educational consulting firms:

• Networking : One of the best ways to market your company is by meeting people and building relationships. Attend industry events, meet-ups, and other networking opportunities to get in front of potential clients.
• Online marketing : Marketing your business online, such as through a business website and pay-per-click and/or social media marketing, can help you reach a larger audience looking for your services.
• Blog : A blog is a great way to showcase your knowledge and expertise in the educational consulting industry. Share case studies, how-to articles, and other content that will be helpful to potential clients.
• Website : Your website is the central hub for your business. Make sure it is well-designed, easy to navigate, and provides all the information potential clients need to learn more about your company.
• Referral Programs : Offer current clients a discount or other incentive for referring new clients to your business. This helps build word-of-mouth marketing for your company.

There are many ways to market an educational consulting firm, so be sure to explore all of your options and find the strategies that work best for you.

You should also consider ways to incentivize potential clients to choose you over another educational consulting firm. Some incentives that work well include:

• Lower rates : Many consulting businesses offer lower rates on their services to attract new clients.
• Discounts on services : Offering discounts on certain projects may help you win bids against other companies.
• Free consultation : Providing potential clients with a free consultation can help them determine if your company is the best one for their needs.

Learn more about how to market your consulting business .

9.  Establish a Price Structure and Billing System

There are a few factors to consider when establishing your price structure:

• Hourly rates : Charging by the hour is a common way to price consulting services. This allows clients to budget for your services and gives you the flexibility to charge more for complex projects.
• Project rates : Charging a flat fee for a project can be beneficial for both the client and the educational consultant. It ensures that the client knows what they are paying up front, and it allows the consultant to charge more for more complex projects.
• Retainers : A retainer is a set amount of money that the client pays upfront for services. This can be a good option for clients who need regular educational consulting services.

No matter which pricing structure you choose, be sure to clearly communicate it to your clients. Additionally, have a detailed invoice template that includes all the education services you provided so the client knows exactly what they are paying for.

10.  Manage Client Relationships and Deliver Projects

After finding new clients and marketing your educational consulting business, you should begin delivering the projects and getting paid. This means managing client relationships and making sure that clients are happy with your work. Some of the ways to manage relationships with your education clients include:

• Regular communication : Keep in touch with clients regularly, either through email, phone calls, or face-to-face meetings. This will help ensure that they are happy with the work you are doing and that any issues are addressed promptly.
• Project updates : Send project updates to clients throughout the course of the project. This will keep them in the loop on what you are doing and how the project is progressing.
• Client feedback : Ask clients for feedback after every project. This will help you improve your services and ensure that clients are happy with your work.

Delivering projects on time and within budget is essential for an educational consulting business. It can be beneficial to create a project management plan that outlines how each project will be completed. This will help ensure that all deadlines are met and that the client is happy with the final product.

Learn more about how to effectively manage client relationships .

Starting an Educational Consulting Business FAQs

Why start an educational consulting business.

There are many reasons to start an educational consulting business:

• You have a wealth of knowledge and experience in the education field (such as, as a classroom teacher, school administration, curriculum developer, etc.) and want to share it with others.
• You are passionate about education and want to help students achieve their academic goals.
• You are looking for a flexible business that allows you to work with the clients you choose.

What is Needed to Start an Educational Consulting Business?

There are a few things you will need before becoming an educational consultant:

• Strong knowledge of the education system and how it works
• Experience in teaching or tutoring
• Strong marketing and sales skills
• The ability to manage client relationships effectively

What are Some Tips for Starting an Educational Consulting Company?

The following tips can help you to start an educational consulting business:

• Do your research . Make sure you understand the education system and how it works before starting your business. This will help you to provide accurate information to clients and manage expectations effectively.
• Develop a strong marketing strategy . Marketing is essential for any business, especially a new one. Plan how you will reach potential clients and how you will differentiate your business from others.
• Set your prices wisely . It is important to charge rates that reflect the services you are providing, but also be competitive so you can attract new clients.
• Create a detailed invoice template . This will help ensure that clients understand what they are paying for and that you are billing correctly for services rendered.
• Establish a project management plan . This will help ensure that all projects are completed on time and within budget.
• Manage client relationships effectively . Keep in touch with clients regularly, send project updates, and ask for feedback to ensure they are happy with your work.

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How to start an education consulting business

Are you a seasoned educator with a passion for helping others succeed? Do you have an entrepreneurial spirit? If so, an educational consulting business may be the perfect career path for you. As an educational consultant, you can provide invaluable guidance, support, and expertise. You can offer your services to clients who want to achieve their educational and career goals. 

There are over 7,500 education consultants in the country. There’s increasing demand for expert guidance and support from students, parents, and educators. By starting your own consultancy business, you can tap into this growing market. 

This guide will help you lay a strong foundation for your consulting business. Read on to explore the essential steps to starting an education consulting business. 

What is an educational consulting business?

Starting an educational consulting business is a great opportunity for individuals with expertise in the education sector. An educational consultant provides guidance and support to students, parents, and educational institutions. This is to enhance their learning process and achieve their academic goals. 

Educational consultants help students and parents with college admissions, financial aid, and career choices. They also assist educational institutions with curriculum development, faculty development, and student recruitment.

Benefits of starting an educational consulting business

Starting an educational consulting business can be a highly rewarding and lucrative venture. It provides the opportunity to work in the education sector. You can help and impact the lives of students and educators. You can also work with educational institutions to improve their services. Additionally, an educational consulting business has the potential to generate significant revenue.

The education consultancy industry

The education consultancy industry is a growing sector as many parents and educators seek support and guidance in navigating the education system. The education consulting market size is expected to reach $3.45 billion by the end of 2030. With an increasing demand for quality education, these consulting businesses are increasingly relevant, helping students and parents make informed decisions about their educational journey. The industry includes a range of services, from college admissions counseling to curriculum development and teacher training. This provides businesses with a wide range of opportunities to specialize and stand out.

Conducting market research

Before you start your education consultancy business, it is essential to conduct thorough market research. This will help you understand your target audience, competition, and industry trends. 

Identifying your target audience

One crucial aspect of market research is identifying your target audience. You must understand your potential clients’ specific demographics, interests, and needs. This will help you develop services that cater to their unique requirements and create effective marketing strategies.

Analyzing competition in the education consultancy industry

Competitor analysis is another significant element of market research. By analyzing the services, pricing, and marketing strategies of your competitors, you can gain a competitive edge. This can help you identify opportunities to differentiate your services and stand out in the market.

Understanding market trends and demands

You must understand the current and future trends in the education consultancy industry. This includes understanding your target audience’s needs. You must understand the increasing demand for specific services. Additionally, you must explore advancements in technology that can impact your business. So stay up-to-date on trends. This way, you can adapt your services. This also lets you stay ahead of the competition.

Conducting comprehensive market research can help you understand your audience, competition, and industry trends. Consequently, this can help you develop effective strategies for growth and success.

Developing a business plan

A business plan is the essence of any business, including an educational consulting business. It is a roadmap for achieving your goals and objectives. A well-written business plan helps you define your business and identify your competition. It helps you determine your target audience and develop effective marketing strategies.

Setting specific goals and objectives

Before creating a business plan, you need to set specific goals and objectives for your educational consultancy. These goals should be measurable, achievable, and relevant to your business. Goal examples include:

• Improving client conversion rate
• Increasing revenue
• Becoming a market leader in your niche

Say you’ve identified your goals and objectives. Then, you can create a plan that focuses on achieving those goals.

Creating a marketing strategy

A well-crafted marketing strategy can help you reach your target audience. Your marketing strategy should identify your target audience. This is where you outline your marketing channels (print ads, social media platforms, email marketing, etc.). This is also where you determine your budget for marketing activities.

Determining financial projections

Determining financial projections is vital for any business. You need to calculate your start-up costs and ongoing expenses. These include rent, utilities, equipment, and employees' salaries. You also need to determine your pricing strategy. You can base this on your competition and the value of your services. Additionally, you should prepare financial projections for the next two to five years. This will guide you in your financial decisions and ensure your business stays profitable.

Legal and financial considerations

Starting a consultancy business involves important legal and financial considerations. By addressing these aspects, you can ensure the smooth operation of your business and minimize the risks involved.

Choosing a business structure

You must choose a business structure. This includes sole proprietorship, LLC, partnership, or corporation. For an educational consultancy business, an LLC structure is commonly preferred as it offers limited liability protection and flexibility in management.

Meeting legal requirements

Starting a consultancy business also involves meeting legal requirements. This includes obtaining any required licenses or permits from your state and local government. You may also need to file for a tax ID number and register for taxes. Additionally, you must ensure compliance with relevant laws and regulations. For instance, data privacy laws.

Managing expenses and income

Managing expenses and income is an essential part of running a consultancy business. You can anticipate expenses through your business plan. You should keep track of your expenses and income through an accounting system. This can help you make informed decisions. Plus, this can ensure that your business stays profitable.

Protecting your business

You can protect your business in several ways. For example, you can purchase general liability insurance and professional liability insurance. These can cover legal expenses and damages resulting from liability claims and lawsuits. By investing in proper insurance coverage, you can minimize financial risks and safeguard your business.

Branding and marketing your business

Branding and marketing are essential elements of any successful consulting business. Below are some strategies that can help you establish a strong brand image and attract potential clients.

Creating a strong brand image

Your brand identity communicates your values, expertise, and personality to your target audience. To create a strong brand image for your education consulting business, you need to consider the following aspects.

• Logo and color scheme: A well-designed logo and color scheme can make your brand memorable and recognizable. Choose colors and fonts that represent your brand's personality and appeal to your audience.
• Messaging and tone: Your brand messaging should clearly communicate your value proposition and unique selling points. The tone of your messaging should be tailored to your audience and aligned with your brand values.

Developing a website and social media presence

A website and social media presence are essential tools for promoting your education consulting business and reaching potential clients. 

• Website: Your website should be easy to navigate. It should be visually appealing and optimized for search engines. Your website should feature clear calls to action and compelling content that highlights your services and expertise. B12 is an AI website builder favored by growing consultancies for its ease of use, on-platform experts, and built-in client tools like scheduling and invoicing.
• Social media: Choose social media channels that are popular among your target audience. Create a content strategy that includes a mix of educational content, industry news, and promotional messages. Engage with your followers and respond to their comments and feedback.

Establishing partnerships with educational institutions

Partnering with educational institutions can help you expand your network and reach more potential clients. Here are some ways to establish partnerships:

• Networking: Attend industry events, conferences, and meetups to meet potential partners and clients. Build relationships with school administrators, educators, and other professionals in the education industry.
• Offering value-added services: Consider offering value-added services, such as professional development workshops or teacher training programs, to school districts and institutions. This can help you establish yourself as a thought leader in the education space and build credibility with potential clients.

By implementing these strategies, you can develop a strong brand image and attract potential clients to your education consulting business. Remember to continuously monitor and refine your marketing efforts to ensure that they are aligned with your business goals and target audience.

Growing your consultancy business

Congratulations, you have successfully started your own education consultancy business! But the work doesn't stop here. To achieve long-term success, you must continuously grow and improve your services. 

Continuously improving your services and offerings

The education consultancy industry is constantly evolving. So you must stay up-to-date with the latest trends and practices. Keep yourself informed by attending conferences, reading industry publications, and networking with other professionals. Additionally, continuously gather feedback from your clients and use it to improve your services.

Retaining clients and building long-term relationships

Building long-term relationships with your clients impacts your consultancy business’s success. Keep in touch with your clients through regular communication and provide them with regular updates on your services and offerings. Respond to their concerns and questions promptly, and always go the extra mile to exceed their expectations. This will help build trust and loyalty. Plus, this will build a positive reputation for your business.

Seeking opportunities for expansion and growth

As your education consultancy business grows, you may want to consider expanding into different markets or offering new services. But before you do so, conduct market research and assess the risks and benefits of the expansion. Consider hiring additional staff and investing in new technologies to support your growth.

Grow your education consulting business with B12

Starting an education consultancy business is a challenging yet rewarding journey. It requires a solid business plan, a strong brand image, and a clear understanding of your target audience. With these, you can create a consultancy business that will thrive in the ever-changing education industry.

After starting your education consulting business, you need to make sure that you have a solid online presence. This will help you attract the right audience. More importantly, this will help you offer your services to those who are more likely to engage with your business. 

B12 is the all-in-one platform that helps professional service small businesses launch an online presence with tools like payments, scheduling, email marketing, and contracts. See your new site for free in 60 seconds to start winning, attracting, and serving clients in no time.

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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.

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A Sample Education Agent Business Plan Template for Australia

By: Author Tony Martins Ajaero

An education agent or agency is a business that provides support to students when searching for universities and colleges to attend. Education agents help aspiring students choose the right universities and programs, submit applications on their behalf, and apply for study visas, and other services.

Available statistics show that the education agency industry is indeed a thriving industry in Australia and the government reports that the country’s 693,750 international students were worth AUS$35.2 billion to the Australian economy and supported 240,000 jobs in 2018.

International enrollments grew by 11.4 percent from 2017 to 2018 across all sectors, and the higher education sector experienced the most growth (14.4 percent).

Steps to Write an Education Agent Business Plan

Executive summary.

Justin Johnson™ Education Agency is a registered education agency that will be located in Western Parkland City, Sydney and we have been able to secure all the necessary permits for our facility. Justin Johnson™ Education Agency is a client-focused and result-driven education agency that provides broad-based services at an affordable fee that won’t in any way put a hole in the pocket of our clients.

We will offer professional education support services to all our clients at national, and international levels. We will work hard to meet and surpass our clients’ expectations whenever they hire our services. Justin Johnson is the founder and CEO of Justin Johnson™ Education Agency.

Company Profile

A. our products and services.

• Assist students in securing and processing admission
• Assist students in securing scholarships
• Assist schools in marketing local and international students
• Providing college selection services
• Providing educational consulting services
• Providing educational guidance counseling services
• Providing educational support services
• Providing educational testing services
• Attending school buses
• Facilitating student exchange programs.

b. Nature of the Business

Our education agency will operate both on a business-to-business and also business-to-consumer business model.

c. The Industry

Justin Johnson™ Education Agency will operate under the education agency industry.

d. Mission Statement

Our mission is to establish a world-class education agency that will help aspiring students choose the right universities and programs. We will submit applications on their behalf, and apply for study visas, and other services.

e. Vision Statement

Our vision is to be among the top 3 education agencies in the whole of Australia.

f. Our Tagline (Slogan)

Justin Johnson™ Education Agency – Your Most Reliable Education agency!

g. Legal Structure of the Business (Sole Trader, Partnership, Company, or Trust)

Justin Johnson™ Education Agency will be formed as a Company.

h. Our Organizational Structure

• Chief Executive Officer
• Admin and HR Manager
• Education Consultants
• Marketing and Sales Executive
• Customer Care Executive/Front Desk Officer

i. Ownership/Shareholder Structure and Board Members

• Justin Johnson (Owner and Chairman/Chief Executive Officer) 56 Percent Shares
• Jasmine Johnson (Board Member) 14 Percent Shares
• Linda Turnbull (Board Member) 10 Percent Shares
• Peter Parker (Board Member) 10 Percent Shares
• Lucy Hazel (Board Member and Sectary) 10 Percent Shares.

SWOT Analysis

A. strength.

• Ideal location for education agency
• Partnership with key stakeholders in the education industry both in Australia and abroad
• Highly experienced and qualified employees and management
• Availability of all kinds of education agency services
• Excellent membership package

b. Weakness

• Budget limitations
• A new business that will be competing with well-established education agencies in and around Sydney
• Inability to retain our highly experienced and qualified employees longer than we want

c. Opportunities

• Excellent location
• Increase in inflow and outflow of international and local students in our location
• Online market, new services, new technology, and of course the starting of new markets

i. How Big is the Industry?

The education agencies industry in Australia is a growing industry and the industry is worth over AUS$35.2 billion.

ii. Is the Industry Growing or Declining?

The education agencies industry in Australia is growing and available data shows that the market size of the industry is expected to grow by 14.4 percent in 2023.

iii. What are the Future Trends in the Industry

The education agency services industry is changing, and players in the industry are improvising. No doubt, technology, and social media will change the landscape of the education agency services industry going forward.

iv. Are There Existing Niches in the Industry?

No, there are no niche ideas in the education agency line of business.

v. Can You Sell a Franchise of your Business in the Future?

Justin Johnson™ Education Agency has plans to sell franchises in the nearest future and we will target the United Kingdom, Canada, and the United States.

• The arrival of a new education agency within our market space
• Low demand for international students and travelers during the pandemic will reduce industry profitability.
• Economic uncertainty
• Liability problems
• The government could change its regulatory status and decide to enforce strict regulations that can strangulate new businesses like ours.

i. Who are the Major Competitors?

• Global connection
• Go Study Australia
• How Consulting Group Pty Ltd
• IAE Edu Net WA
• iGroup Education and Visa Specialists Pty Ltd
• Information Planet – Australia
• KOKOS International
• Latino Australia Education
• Level Up Studies Pty Ltd
• LH Global Pty Ltd
• LMB Education
• Mate Education Group Pty Ltd
• Mates International Education Visa & Migration Service
• My Connection Abroad
• Orion Education(OEMs)
• Ozsky International Pty Ltd
• SKY Education & Migration Services
• IDP Education Ltd.

ii. Is There a Franchise for Education Agency Business?

No, there are no franchise opportunities for education agency businesses in Australia.

iii. Are There Policies, Regulations, or Zoning Laws Affecting Education Agency Business?

There are no county or state regulations and zoning laws for education agencies, but players in this industry are expected to work with the existing regulations governing such business in the region where their business is domiciled.

Please note that even though in Australia education agents are not directly regulated, they are three Education providers responsible for the regulation of education agents under the ESOS Act and the National Code of Practice for Providers of Education and Training to Overseas Students 2018 (National Code).

Marketing Plan

A. who is your target audience.

i. Age Range

Our target market age range covers people that are 18 years and above.

ii. Level of Educational

Graduates who complete Years 11 and 12 receive a High School Certificate or “HSC” (comparable to a Baccalaureate or German “Abitur”) and can proceed to tertiary education (university or college).

iii. Income Level

Anyone who can afford our service fee will be welcome to make use of our education agency.

iv. Ethnicity

There is no restriction when it comes to the ethnicity of the people that will patronize our education agency.

v. Language

There is no restriction when it comes to the language spoken by the people that will patronize our education agency since we will be working with international students.

vi. Geographical Location

Anybody from any geographical location is free to do business with us.

vii. Lifestyle

Justin Johnson™ Education Agency will not restrict any customer based on their lifestyle, culture, or race.

b. Advertising and Promotion Strategies

• Host Themed Events That Catch Attention.
• Tap Into Text Marketing.
• Share Your Events in Local Groups and Pages.
• Turn Your Social Media Channels into a Resource
• Develop Your Business Directory Profiles
• Build Relationships with Universities in Your Target Locations

i. Traditional Marketing Strategies

• Marketing through Direct Mail.
• Print Media Marketing – Newspapers & Magazines.
• Broadcast Marketing -Television & Radio Channels.
• OOH, Marketing – Public Transits like Buses and Trains, Billboards, Street Furniture, and Cabs.
• Including direct sales, direct mail (postcards, brochures, letters, fliers), print advertising (magazines, newspapers, coupon books, billboards), referral (also known as word-of-mouth marketing), radio, and television.

ii. Digital Marketing Strategies

• Social Media Marketing Platforms.
• Influencer Marketing.
• Email Marketing.
• Content Marketing.
• Search Engine Optimization (SEO) Marketing.
• Pay-per-click (PPC).
• Affiliate Marketing
• Mobile Marketing.

iii. Social Media Marketing Plan

• Start using chatbots.
• Create a personalized experience for our customers.
• Create an efficient content marketing strategy.
• Create a community for our target demography.
• Gear up our profiles with a diverse content strategy.
• Use brand advocates.
• Create profiles on the relevant social media channels.
• Run cross-channel campaigns.

c. Pricing Strategy

When working out our pricing strategy, Justin Johnson™ Education Agency will make sure it covers premium, skimming, economy or value and penetration. All our pricing strategies will reflect;

• Cost-Based Pricing
• Value-Based Pricing
• Competition-Based Pricing.

Sales and Distribution Plan

A. sales channels.

Our channel sales strategy will involve using partners and third parties—such as referral partners, affiliate partners, managed service providers, marketplaces, or value-added resellers—to market our education agency.

Justin Johnson™ Education Agency will also leverage the 4 Ps of marketing which are place, price, product, and promotion. By carefully integrating all these marketing strategies into a marketing mix, we can have a visible, in-demand service that is competitively priced and promoted to our customers.

b. Inventory Strategy

Justin Johnson™ Education Agency will operate an inventory strategy that is based on a day-to-day methodology for ordering, maintaining, and processing items in our warehouse. We will develop our strategy with the same thoroughness and attention to detail as we would if we were creating an overall strategy for the business.

c. Payment Options for Customers

Here are the payment options that Justin Johnson™ Education Agency will make available to her clients;

• Payment via bank transfer
• Payment via credit cards
• Payment via online bank transfer
• Payment via check
• Payment via mobile money transfer

d. Return Policy, Incentives, and Guarantees

Justin Johnson™ Education Agency will operate a refund policy but it will be dependent on the service providers we are working with. Please note that service providers such as schools, airline companies, taxi companies et al will determine the kind of return policy we will operate.

e. Customer Support Strategy

Our customer support strategy will involve seeking customer feedback. We will make use of effective CRM software to be able to achieve this. Regularly, we will work towards strengthening our Customer Service Team and also Leverage Multi-Channel Servicing as part of our customer support strategy.

Operational Plan

We plan to expand our revenue by 50 percent in the second year and the plan will include a marketing, sales, and operations component. The operations component of the plan would include organizing regular education summits, workshops, and other incentives. These strategies will enable us to boost our service offerings and support revenue growth.

a. What Happens During a Typical Day at an Education Agency Business?

• The office is open for the day’s work
• The walk-in areas, chairs, and tables are properly arranged
• Walk-in customers are attended to
• Deliveries of admission letters, visas, flight tickets, and hostel bookings are made
• Administrative works (liaising with key stakeholders across board)
• Reports are written and submitted to superior officers
• The facility is administratively closed for the day.

b. Production Process

There is no production process when it comes to the education agency business.

c. Service Procedure

When an education agent is successful in becoming a partner with a university or college, they will then handle all aspects of education agency services for the university; services such as securing and processing admission for students,

Securing scholarships for students, providing college selection services, providing educational consulting services, providing educational counseling services, providing educational support services, providing educational testing services, and facilitating student exchange programs.

d. The Supply Chain

Justin Johnson™ Education Agency will rely on trusted agents to supply some of the needed supplies (foreign currencies) and we have been able to establish business relationships with key stakeholders in the education agency industry.

e. Sources of Income

Justin Johnson™ Education Agency will make money from;

• Assisting students in securing admission
• Assisting students in securing scholarships
• Assisting schools in marketing to local and international students

Financial Plan

A. amount needed to start your education agency business.

Justin Johnson™ Education Agency would need an estimate of AUS$150,000 to successfully set up our education agency in Australia. Please note that this amount includes the salaries of all the staff for the first month of operation.

b. What are the Costs Involved?

• Business Registration Fees – AUS$417 – $506.
• Legal expenses for obtaining licenses and permits – AUS$7,300.
• Marketing, Branding, and Promotions – AUS$5,000.
• Business Consultant Fee – AUS$2,500.
• Insurance – AUS$5,400.
• Rent/Lease – AUS$70,000.
• Other start-up expenses like commercial satellite TV subscriptions, and phone and utility deposits (AUS$2,800).
• Operational Cost (salaries of employees, payments of bills et al) – AUS$30,000
• Store Equipment (cash register, security, ventilation, signage) – AUS$4,750
• Website: AUS$600
• Miscellaneous: AUS$2,000

c. Do You Need to Build a Facility? If YES, How Much Will it Cost?

Justin Johnson™ Education Agency will not build a new facility for our administrative office; we intend to start with a long-term lease and after 5 years, we will start the process of acquiring our facility.

d. What are the Ongoing Expenses for Running an Education Agency Business?

• Cost of stocking up supplies
• Utility bills (gas, internet, phone bills, signage and sewage et al)
• Maintenance of facility
• Salaries of employees

e. What is the Average Salary of your Staff?

• Chief Executive Officer – AUS$52,000 Per Year
• Admin and HR Manager – AUS$38,000 Per Year
• Education Consultant – AUS$37,000 Per Year
• Marketing and Sales Executive AUS$34,000 Per Year
• Accountant – AUS$34,000 Per Year
• Customer Care Executive/Front Desk Officer – AUS$32,000 Per Year.

f. How Do You Get Funding to Start an Education Agency Business?

• Raising money from personal savings and sale of personal stocks and properties
• Raising money from investors and business partners
• Sell shares to interested investors
• Applying for a loan from your bank/banks
• Source for soft loans from your family members and friends.

Financial Projection

A. how much should you charge for your service.

The amount education agencies charge their clients depends on the type of services rendered and of course the commission that the third-party provider is willing to give.

b. Sales Forecast?

• First Fiscal Year (FY1): AUS$250,000
• Second Fiscal Year (FY2): AUS$350,000
• Third Fiscal Year (FY3): AUS$500,000

c. Estimated Profit You Will Make a Year?

Justin Johnson™ Education Agency is projecting to make;

• First Fiscal Year (FY1): (50% of revenue generated)
• Second Fiscal Year (FY2): (45% of revenue generated)
• Third Fiscal Year (FY3): (45% of revenue generated)

d. Profit Margin of an Education Agency Business Product/Service

Please note that education agents’ commissions used to be the bulk of their income but that has shifted. Most education agents who earn commission booking tickets on airlines earn 5 percent on domestic flights and 10 to 20 percent on international flights. The commission rates are similar for other services.

Growth Plan

A. how do you intend to grow and expand by opening more retail outlets/offices or selling a franchise.

Justin Johnson™ Education Agency will grow our education agency by first opening other offices in key cities in Australia, the United Kingdom, and the United States within the first five years of establishing the business, and then we will start selling franchises from the sixth year.

b. Where do you intend to expand to and why? (Geographical Locations)

Justin Johnson™ Education Agency plans to expand to:

• Sydney New South Wales
• Melbourne Victoria
• Bondi Beach NSW
• Brisbane QLD
• Surfers Paradise Gold Coast QLD
• Adelaide SA
• Newcastle Street, Northbridge WA
• Burswood WA
• Osborne Park WA
• Southport Gold Coast QLD.

The reason we intend to expand to these locations is that the cities boast of attracting a huge number of students who want to study abroad. Internationally, we plan to expand to the United Kingdom and the United States.

Justin Johnson™ Education Agency intends to build a family business hence our exit plan will be family succession. We have placed structures and processes in place that will help us achieve our plan of successfully transferring the business from one family member to another and from one generation to another without hitches.

Related Posts:

• Writing an Education Agency Business Plan [Sample Template]
• Writing a Labour Hire Business Plan [Sample Template]
• A Sample Coffee Van Business Plan Template for Australia

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Education Consulting Business Plan Sample

Published Dec.10, 2021

Updated Apr.22, 2024

By: Jakub Babkins

Average rating 5 / 5. Vote count: 4

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Table of Content

Do you want to start Education Consulting business plan?

You might wonder how to start an educational consulting business. In that case, you can take help from this education consulting business plan. Starting a consultation business doesn’t require many resources. You just need basic expertise in the domain.

So, if you have a fundamental understanding of the education sector, you can start this business. However, in order to create a successful venture, you’ll need a good business plan. For that purpose, you can refer to this document or any related business plan such as life coaching business plan , etc. You can also take help from the best business plan experts .

Executive Summary

2.1 the business.

Pro Learning will be an education consultation firm started by Harry Brown. The firm will aim to provide consultation services catering to the requirements of the clients in Stockton. The firm will provide a wide range of services for both students and educational institutes in the US.

2.2 Management of Education Consulting Company

Starting an educational consulting business requires appropriate management of the resources you possess. You can ensure this through an education consultant business plan. In this plan, you should mention all the technical as well as human resources you have along with your plans for their management.

In this strategic and operational business plan , all the requirements for business consulting education have been mentioned.

2.3 Customers of Education Consulting Company

The backbone of an education consulting business is its customers. Our customers will mainly be people who directly belong to the educational domain. They are identified as follows:

• Universities
• International Education Agents

2.4 Business Target

Our primary goal is to become the most trusted place for all kinds of education-related consultancy services.

The financial targets that we want to achieve within the first few years of launch are demonstrated below:

Company Summary

3.1 company owner.

Harry Brown will own Pro Learning. Harry did his M. Ed two years ago. After that, he served as a freelance consultant to many clients. But he decided to expand his business and provide more services.

3.2 Why the Education Consulting company is being started

Harry observed that many schools around the Stockton area had a deficiency of adequate educational consultancy resources. Many able students needed guidance, but there was no one they could go to. Therefore, he decided to make use of his experience and start a consultancy firm.

3.3 How the Education Consulting company will be started

Step1: Plan Everything

A solid education consultant business plan is the first step in how to start an education consulting business. For developing your business plan, you can refer to this education business plan sample or any related business plan like business consulting business plan .

This sample educational consultant proposal can be used to guide the development of a business plan for any business because Harry decided to offer a wide variety of services.

Step2: Define the Brand

The next step in your journey is to advertise your business. You can do this by developing a brand. In your brand, you have to highlight your competitive advantage by listing your unique services and policies.

Step3: Establish Your Corporate Office

For the time being, Harry decided to rent out an office in Stockton. He will now put together a team and gather the technical equipment required.

Step4: Establish a Web Presence

Establishing a solid web presence is necessary when starting a business in this digital age. Keeping this in view, Harry created social media profiles of his business. He also had a simple website developed where clients could reach out.

Step5: Promote and Market

The last thing to do is develop a marketing plan and promote your business by following it.

Services of Education Consulting

Before you start education consulting business, you need to identify the services you will be providing to your clients. That way, you can develop your education consultant services business plan accordingly.

As Harry wanted to offer a wide variety of services through his business, so this education consulting business plan sample pdf can be used as a guide to writing any business plan. Even a mortgage lender business plan .

Below, we have described the education consulting services. So, if you want to know how to become an education consultant, you can take help from here.

• Education Counselling Service

The main service provided by Pro Learning will be education counseling for students. Students can book an appointment directly or through their institutes to gain the help and perspective they need. Our firm will help students:

• Realize their potential
• Understand their areas of aptitude
• Make an educated decision about their future learning
• Admission Procedure Help

Another important service of Pro Learning will be to guide students about the application procedures of the institutes of their choice. Many students shy away from applying to educational institutes because of the overwhelming and complex application procedure.

Pro Learning will:

• Guide students about application dates
• Help students plan out their application submission process
• Inform students about necessary academic and financial requirements
• Financial Advice

Pro Learning will also help students plan out their finances. And inform them of financial resources they can turn to if needed.

• Visa Assistance

Our firm will also handle visa applications and guide students throughout the whole process so that they are as efficient as possible.

Marketing Analysis of Education Consulting Company

Starting an educational consulting firm will require you to have an in-depth knowledge of the target market. You can gain this knowledge through a marketing analysis. A marketing plan for education consultancy business will help you identify your customers and competitors in a better way.

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Conducting marketing analysis is an essential step in the steps to become an educational consultant. However, if you don’t know much about marketing analysis, you can take help from education business plan samples. You can also look to specialized documents like Harvard business school marketing plan template for a more in-depth understanding.

In this document, we have detailed the marketing analysis of Pro Learning.

5.1 Market Trends

According to IBISWorld, the education consultant market is valued at $2 billion. The industry is expected to increase at a steady rate of 2% or over in the next five years. It is because people have finally realized the importance of suitable education. So more and more people are turning towards professional consultancy services to boost their careers.

5.2 Marketing Segmentation

The customer groups of Pro Learning are as follows:

Business plan for investors

5.2.1 students.

Our primary services will be dedicated to helping students and coaching their academic path. They are expected to be our main customers and are expected to avail our resources the most. The services they are expected to use involve:

• Counseling for future academic opportunities
• Guide for choosing a career path
• Help in deciding and managing academic activities

5.2.2 Universities

Our second target customers will be universities and other institutes of higher education. We want to connect students with suitable universities. Thus, we are expected to partner with many universities throughout the year to provide them with a good candidate pool.

5.2.3 International Education Agents

We will also be partnering with international educational agents and connecting them with the universities in the US. So we expect them to avail our resources quite often as well.

5.2.4 Schools

Lastly, we will also reach out to schools to provide high school students counseling for deciding their future academic paths and careers.

5.3 Business Target

• To become the most sought out counseling service firm throughout Stockton
• To expand our services steadily and reach out to more schools
• To keep customer satisfaction rate above 95%
• To earn a profit margin of $30k per month by the end of our first year.

5.4 Product Pricing

Our prices will be very reasonable considering our main target audience is students. We will provide a greater range of services at the same price as our competitors.

Marketing Strategy of Education Consulting

To become prominent among the businesses for education consulting careers, you need to have a strong marketing strategy for educational consultancy. A good marketing strategy will help you highlight your competitive advantage to your customers. Therefore, it should be a part of your business plan.

Here, we have a sample business plan educational services that highlights the marketing strategy of Pro Learning. This is just an example. And you can use any business plan for guidance, may it be a   counseling private practice business plan .

6.1 Competitive Analysis

• We have excellent client care services available that will be ready to help our clients whenever they need them.
• We will implement a feedback system to improve our services for our clients.
• Our clients can contact us directly by phone. Or they can reach out to us through our website or social media platforms. This will allow them to easily book appointments from the comfort of their home.
• We will have timings for walk-in sessions where our first-time customers can just come and go through a session without needing to book an appointment.

6.2 Sales Strategy

• We will offer reduced prices and sales for our long-term customers
• We will provide cheaper and affordable packages for students.
• We will advertise through word of mouth, Google Ads, and social media.

6.3 Sales Monthly

6.4 Sales Yearly

6.5 Sales Forecast

Personnel plan of Education Consulting

Any good sample educational consultant proposal includes employee hiring criterion. It’s because the success of a business, especially a consultancy business, depends on the employees and their behavior.

Realizing the importance of employee selection, Harry also decided to implement a selection criterion while selecting the employees mentioned below in the educational services business plan.

7.1 Company Staff

• 1 Co Manager
• 4 B. Ed graduates to help with the workload
• 8 Career Specialists
• 1 Web Developer/ Mobile App Developer to manage online sites
• 1 Sales Executive to organize and promote sales
• 1 Accountant
• 1 Receptionist

Financial Plan of Education Consulting

To start education consulting business, you need much more than sales. The success of a business is ensured by a proper financial plan that is usually a part of education consulting business plan.

A financial plan allows you to manage your time and other resources efficiently in order to reap the benefits. It also helps you to analyze the degree of profitability or loss that your business is incurring.

In your financial plan, you need to identify the ways and plan how you will earn profits and pay up your expenses. The financial analysis of a company also helps to identify ways to reduce expenses and increase productivity.

Here we’re providing the detailed financial plan for Pro Learning. You can go through this document on any business plan, such as a business plan for electrical contractor to help you develop a financial plan.

8.1 Important Assumptions

8.2 Break-even Analysis

8.3 Projected Profit and Loss

8.3.1 profit monthly.

8.3.2 Profit Yearly

8.3.3 Gross Margin Monthly

8.3.4 Gross Margin Yearly

8.4 Projected Cash Flow

• How do I start an educational consulting business?

If you are wondering how to start an education consulting business, you can do it by writing a sample educational consultant proposal. You can refer to any business proposal such as business plan computer software for guidance.

• How much do educational consultants make?

If you are wondering how much do educational consultants make, then on average, an educational consultant makes $65k per year. But the salary may vary depending on the scale of the business and the job post.

• What is the average cost of an educational consultant?

On average, an educational consultant charges $85 to $200 per hour. The rates will be dependent on the services required and the scale of the business.

Download Education Consulting Business Plan Sample in pdf

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College of Business and Economics

College of business & economics.

Physical Address: 875 Campus Drive J.A. Albertson Building 

Mailing Address: College of Business & Economics University of Idaho 875 Perimeter Drive MS 3161 Moscow, ID 83844-3161

Phone: 208-885-6478

Fax: 208-885-5087

Email: [email protected]

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Phone: 208-885-6453

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Phone: 208-885-6289

Fax: 208-885-5347

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ALB 304 - 305

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Career information is not specific to degree level. Some career options may require an advanced degree.

Current Job Openings and Salary Range

in ID, WA, OR, MT and HI

Entry-Level

Senior-Level

• Career Options
• Advertising and Promotions Manager
• Marketing Manager
• Public Relations Manager
• Agent and Business Manager of Artists, Performers, and Athletes
• Market Research Analyst and Marketing Specialist
• Survey Researcher
• Business Teacher, Postsecondary
• Public Relations Specialist
• Writer or Author

Regional Employment Trends

Employment trends and projected job growth in ID, WA, OR, MT & HI

*Job data is collected from national, state and private sources. For more information, visit EMSI's data sources page .

• Degree Plan

You will graduate with a bachelor’s degree in Marketing by choosing from one of these degree plans:

• Marketing - General Marketing Option
• Marketing - Sales Management Option
• Marketing - Entrepreneurship Option
• Marketing - PGA Golf Management Option *
• Marketing - Marketing Analytics Option

* Not all marketing degree options are offered remotely.

• Scholarships

CBE offers the financial support you need to successfully complete your degree.

• CBE students received more than $4.7 million in scholarships, tuition waivers and other financial aid in 2017.
• U of I Awards more than $25 million in scholarships each year, more than any other institution in Idaho.
• 73% of U of I students receive scholarships, higher than any other public institution in Idaho. – National Center for Education Statistics 2016-17
• All first-time students are automatically considered for all institutional aid and scholarships when filling out the admissions application - no separate scholarship applications required.
• All continuing students are automatically considered for all college scholarships - no separate scholarship applications required.
• The CBE finance program is Chartered Financial Analyst (CFA) affiliated. Each year this partnership awards six scholarships to offset level 1 CFA exam costs for students.
• Learn more about U of I's Student Financial Aid Services.
• Are you out-of-state? U of I participates in the Western Undergraduate Exchange (WUE) program, which offers heavily discounted out-of-state tuition for residents of participating states.
• Learn more about CBE's affiliation with the CFA Institute and the scholarships they provide.

Have questions or just need some guidance? Please contact us:

Erick Larson Student Engagement Director 208-885-7150 [email protected]

• Hands-On Learning

You have many hands-on learning  opportunities to ensure your readiness for the real business world. These interactive programs give you practical experience and business know-how that will set you apart.

• Internships

Nearly half of CBE students gain relevant experience by completing an internship.

• Job Openings and Salary Range
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Understanding Business and Consumers

In the marketing program, study how packaging, advertising, branding, social media and other factors influence consumer behaviors. Explore market research tools and learn how to use marketing tools such as product, price, place, and promotion to create effective marketing strategies.

• College of Business and Economics graduates work for global companies including Amazon, Boeing, Google, Micron and more.
• #1 Best Value Public University in the West 3 Years Running ( USNWR , 2022).
• Among the Top 5% of business schools worldwide ( AACSB , 2020). 

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Additional Business Degrees

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Teachers' Employment Agency Business Plan

Start your own teachers' employment agency business plan

Teacherafterschooljobs.com

Executive summary executive summary is a brief introduction to your business plan. it describes your business, the problem that it solves, your target market, and financial highlights.">.

Teacherafterschooljobs.com is a new job search website that is designed to provide teachers with part-time or seasonal employment, supplementing their current income. The site will be effective in matching educated, mature, responsible educators with employers in need of their part-time or summer assistance. While the revenue will come from the employer listing fees, Teacherafterschooljobs.com will have two general customers, the employers as well as the employees in search of the jobs. In addition to having a robust job board on their site, Teacherafterschooljobs.com will also offer tools for the educators, often consisting of a large list of useful hyperlinks. This feature provides additionally functionality to the site encouraging more traffic which is valuable to the employers that post jobs.

The Market It is well known that educators are very dedicated professionals who work at below market wages. For a multitude of reasons, teachers are paid poorly in America. With this in mind, there are a high percentage of teachers that are looking for supplemental income, indicating a bountiful market. As mentioned previously, Teacherafterschooljobs.com will be receiving revenue from the employer listing fees. Four distinct market segments will be targeted. The first is retail which has an annual growth rate of 50%. Teacherafterschooljobs.com believes there to be 50 potential customers in this segment. The next group is government with also a 50% growth rate and 40 possible customers. Private daycare and camps is also a target with a 25% growth rate and 20 possible customers. The last segment targeted will be education with a 10% growth rate and 20 customers.

Competitive Edge Teacherafterschooljobs.com has a unique pool of prospective employees, all of the employees are professional educators who have skill sets centered on education, professionalism, and the passion and dedication commonly associated with teachers. This offers a significant distinction relative to the many other online job boards such as Monster and Hotjobs since they have very disparate cross sections of job seekers. Having a strong pool of prospective employees will make it much easier to attract employers who want to post their jobs.

Management Teacherafterschooljobs.com will be developed and run by Patrice and Rosario Cibella. Both Patrice and Rosario have been in the education industry for more than a decade. While they both were passionate teachers for many years, they recognized the huge potential of an online job board that provides part time and seasonal opportunities for educators. Patrice worked as an eleventh grade teacher for twelve years at a local district. The last four years of her tenure were as the social studies department head. As the department chairperson, Patrice strengthened her managerial and strategic focus skills as she guided the department to be recognized as one of the finest in the state. Rosario also has a background in education, however his was also mixed with administrative role as the vice principal of his school for six years. As vice principal Rosario was directly responsible for the operation of the school. This experience will be directly applied in leading Teacherafterschooljobs.com to become the premier specialized online job board.

Teacherafterschooljobs.com is poised for success by combining a solid business model with a huge market potential and a solid management team. The venture will be profitable from month one with modest gross margins for year one, increasing slightly by year three. Teacherafterschooljobs.com is forecasted to achieve a minimal gross profit by the end of year three.

1.1 Objectives

The main objectives for the company are as follows:

• Attract a minimum of 100 employers subscribing for a year of job listings.
• Attract related links to provide educators with additional reasons to access the site.
• Use the increased traffic to attract additional employers to finance expansion of the Web page offerings.

1.2 Mission

Teacherafterschooljobs.com seeks to provide a concise and reliable site for employers and teachers to fulfill mutual needs. Employers are seeking reliable employees to fill a specific need for part-time and seasonal employees. Teachers, being traditionally underpaid professionals require supplemental income in order to continue their chosen profession. The company seeks to provide a much needed resource to maintain quality educators, while at the same time increasing the profitability of retailers and service providers by reducing their turnover rates.

Company Summary company overview ) is an overview of the most important points about your company—your history, management team, location, mission statement and legal structure.">

Teacherafterschooljobs.com is a new venture providing a website matching teachers seeking part-time and seasonal employment with a variety of employers seeking educated, responsible, and reliable employees to fill these vacancies. It will focus on providing a pool of employees to a pool of employers both seeking a specific niche market. As the pool of employers grows, the website can expand nationally and provide additional links to educational tools for teachers, thus increasing traffic and the appeal of the website.

2.1 Company Ownership

Teacherafterschooljobs.com will be incorporated. The shareholders will be Patrice and Rosario Cibella. Patrice and Rosario Cibella will be the principle owners and operators. As of this writing, the company has not been incorporated.

2.2 Start-up Summary

Our start-up costs are primarily Web page design, programming, and hosting charges. The start-up costs will be provided by direct owner investment. The details and assumptions are shown in the following chart and tables.

Teacherafterschooljobs.com provides a unique site to match the part-time and seasonal job needs of teachers with employers searching for professional, reliable, and educated employees, thereby reducing turnover and its associated costs.

Market Analysis Summary how to do a market analysis for your business plan.">

Teacherafterschooljobs.com will focus on educational institutions to provide the pool of potential employees. Schools employing teachers, as well as educational institutions training teachers, will be prime marketing targets. Given the fact that educational institutions are faced with the challenge of maintaining a quality faculty within limited salary constraints, it is extremely advantageous for them to provide a quality opportunity for teachers to supplement their income.

Our focus group to provide the income for the company will be employers who seek part-time and seasonal employees. In our current economy, nearly all employers have the need for these positions. The costs of continually hiring these employees for each need is significant. Our company will provide a unique pool of educated, stable, and professional employees. Retail establishments, food service, summer camps, park districts, and day care centers are just a few of the employers who require employees with the professional background, demeanor and, most importantly, the work schedule of teachers. The joining of these two groups provides significant benefits and savings to both groups.

4.1 Market Segmentation

Our target market is broken down into the following categories:

• Schools of all levels to provide the pool of employees.
• College Education majors to provide additional employees with the same profile.
• Retail establishments such as department and grocery stores.
• Park districts, which provide summer programs for the same children taught by our prospective employees.
• Summer camps providing programs similar to the Park Districts.

4.2 Target Market Segment Strategy

Focusing on these groups places the two pieces of the puzzle squarely in-line with one another. There are a number of job search sites out there. Many of these are too extensive for the needs of our focus group; our specific marketing targets fit the profile and purpose ultimately sought by our company and the employees and employers themselves. Our marketing will be focused on a concise brochure, detailing the advantages and strategy of our company and will be delivered (as much as possible) by personal contact and interview. This approach will stress both the professional and personal nature of the company.

4.3 Service Business Analysis

The significant number of job search companies forces us to focus on the unique and specialized groups we are seeking to join. Fortunately, the purpose and focus of the company is exactly the service we seek to provide.

4.3.1 Competition and Buying Patterns

The most important factor for the employer will be the reduction in advertising costs by reducing the turnover, therefore increasing the reliability and professionalism of its workforce. By providing the pool of employees we intend to target, the cost of our services will be relatively inexpensive for employers.

Passing the cost to the employers allows us to provide a cost-free service to the pool of employees, thus increasing traffic on the site.

Strategy and Implementation Summary

Teacherafterschooljobs.com will initially focus on the local market. The local market includes many national retailers leading to an easy transition to a national market. Targeting school districts also begins in the local market but lends itself to quick national expansion.

5.1 Competitive Edge

Our unique pool of employees gives us a significant advantage over the larger job search firms concentrating on different careers. Our links and appeal to teachers also gives us the ability to market related links for increased traffic. Concentrating on the professionalism, education, and dedication of teachers is essential in distinguishing our pool of employees from the general population, thus increasing the hiring appeal for our employers.

5.2 Milestones

The following table lists the important milestones we have set and achieved, and the allocation of our budget for the same. Careful planning and follow-up are essential to our plan. Monthly follow-ups will be essential to the implementation and success of our business.

5.3 Sales Strategy

Our sales will depend on the repeat business derived from providing quality permanent, part-time, and seasonal employees. Our sales must be focused on annual contracts paid in advance. We will offer plans based on a monthly charge for job listings. A fee of $20/mo for up to 10 job listings, $35/mo for 11-20 listings, $50/mo for 21-50 listings, and $75/mo for unlimited listings. All of the sales should be attempted in person with the employer, and closed and paid on an annual basis. Follow-up of the success of the listings and contacts should be made quarterly.

5.3.1 Sales Forecast

The following chart and table show our forecasted sales. We would hope to obtain at least 60 employers at the $20/month level, 60 employers at the $35/month level, 36 employers at the $50/month level, and 36 employers at the $75/month level in the first year. We expect the number of employers to increase at the rate of 15-20% each year, with the growth of the higher-priced subscribers to increase by the end of year two with the national appeal of the local national employers. Costs should then be reduced by the end of year two with the purchase of our own server to allow captive hosting of our own website.

Management Summary management summary will include information about who's on your team and why they're the right people for the job, as well as your future hiring plans.">

The initial owners will be the operators and managers. We will receive extensive technical and webmaster assistance from our son Zachary, as well as support and input from our other family members. The company hired to perform Web hosting duties will also provide technical support. As the business expands, additional sales and marketing personnel will be added.

6.1 Personnel Plan

The attached table summarizes our personnel expenditures for the first three years. Since the company is a closely-held family corporation, the compensation is closely tied to the profitability of the company.

Financial Plan investor-ready personnel plan .">

We will finance growth through the cash flow produced in the business. This strategy may force slow growth, however, establishing a stable and extensive network will take time and is the key to the success of the company.

Our sales based on a yearly contract with payment in advance would be the key to our cash flow and growth. We realize that we may have to be flexible in accepting less than one year of payment, but feel if we can get a minimum of three-month commitments from each employer, we will meet cash flow needs.

7.1 Important Assumptions

The financial plan depends on important assumptions, most of which are shown in the following table as annual assumptions. We recognize the collection of accounts receivable is critical, but one over which we have little control.

7.2 Break-even Analysis

The following chart and table summarize our break-even point. Since the cost per unit is a commission being paid to the sales persons who will initially be the owners, we are operating at the minimum, with the bulk of our costs being the compensation of the owners. We are using 25% of revenue, which is high based on the above information.

7.3 Projected Profit and Loss

7.4 Projected Cash Flow

Due to our fixed Web hosting costs and the owners being the only employees, our cash flow in the following table remains positive throughout the year. The improvement in the cash flow as the subsequent years progress will allow for the continual updating and maintenance of the site to keep it fresh and viable. The low fixed cost of adding pages (flat fee of approximately $130/page) should be covered by our positive cash flow, thus allowing continuing expansion as necessary.

7.5 Projected Balance Sheet

The balance sheet in the following table shows a small but continued growth of net worth in just three years, presenting a healthy financial picture. This growth in net worth will also be supplemented significantly with the possibility of Web page advertising and related links income that is not yet projected or contained in the figures.

7.6 Business Ratios

The following table contains important business ratios from the education services industry, as determined by the Standard Industry Classification (SIC) Index, 8299.

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Ukraine-Russia war latest: Moscow vows to retaliate against US after missile attack on Crimea

The Russian defence ministry has claimed Ukraine used US-provided weapons in a strike on Crimea yesterday that killed at least four people and injured 151 more. Meanwhile, EU accession talks with Ukraine are approaching, in a political blow for Vladimir Putin.

Monday 24 June 2024 22:39, UK

• Russia vows revenge against US after attack on Crimea | Washington hits back at 'ridiculous' claims
• At least eight dead in fire near Moscow | Watch smoke billow from building
• North Korea warns US over 'new world war'
• Ukraine inches closer to EU dream
• Big picture: What you need to know this week
• Analysis : Blaming Ukraine for Dagestan attack fits Russia's wider narrative
• Listen to the Daily above and tap here to follow wherever you get your podcasts

That's all of our live coverage on the conflict for now. 

We'll bring you any major developments overnight, and we'll be back with our regular updates in the morning. 

The US is expected to announce it is sending an additional $150m (£118m) in munitions to Ukraine.

According to a US official, who spoke to the Associated Press on the condition of anonymity, the package includes anti-armour weapons, small arms, grenades and artillery rounds, among other support.  

The upcoming shipment is also expected to include munitions for the High Mobility Artillery Rocket Systems, or HIMARS. 

That system is capable of firing the longer-range missiles from the Army Tactical Missile System, or ATACMS, which Russia has said would prompt retaliation and risk escalating the conflict.

The package is expected to be announced tomorrow.

On day 850 of the Ukraine war, we take a closer look at how Ukrainian servicemen in the Donetsk region are taking the fight to Russian troops near by.

The images below show Mykhailo, Ihor and Oleh of the 33rd Separate Mechanised Brigade preparing and loading a self-propelled howitzer before firing towards Russian troops.

The first day of mourning has taken place in Russia's North Caucasus republic of Dagestan after attacks that the authorities say killed 20 people.

Gunmen opened fire on two Orthodox churches, a synagogue and a police post in the attacks in the cities of Makhachkala and Derbent yesterday.

Russia's national anti-terrorist committee described the attacks - in a predominantly Muslim region with a history of armed insurgency - as terrorist acts.

The attack is the deadliest in Russia since March, when gunmen opened fire at a concert in suburban Moscow, killing 145 people.

The affiliate of the Islamic State group in Afghanistan that claimed responsibility for March's raid quickly praised the attack in Dagestan, saying it was conducted by "brothers in the Caucasus who showed that they are still strong".

The Washington-based Institute for the Study of War argued that the Islamic State group's North Caucasus branch, Vilayat Kavkaz, was likely to have been behind the attack, describing it as "complex and co-ordinated".

Russian claims that the US was behind yesterday's strikes in Crimea are "ridiculous" and "hyperbolic", according to a spokesperson for the US state department.

Officials say four people died and around 150 more were injured in the attack as missile debris fell on a beach in Sevastopol in occupied Crimea.

Russia's defence ministry said the missiles used by Ukraine were US-supplied ATACMS missiles, and claimed US specialists programmed them.

Kremlin spokesperson Dmitry Peskov told reporters in Moscow earlier today that the "involvement of the United States, the direct involvement, as a result of which Russian civilians are killed, cannot be without consequences".

During a US state department briefing, spokesperson Matthew Miller was asked about Russia's claims, which he said were unfounded and wrong.

"I don't have any assessment of the underlying attack, including who was responsible for it. But you have seen Russia make ridiculous claims about responsibility in the past," he said.

"You might recall after the terror attack in Moscow in March, they blamed the US despite the US warning them about the attack.

"It's not unusual for Moscow to make ridiculous, hyperbolic claims about responsibility that aren't born out of facts."

Mr Miller had previously been asked about the strikes in Crimea, to which he said the US laments any civilian casualties in the ongoing war.

On providing weapons to Ukraine, Mr Miller added: "We provide weapons to Ukraine so that it can defend its sovereign territory against armed aggression, including in Crimea, which, of course, is part of Ukraine. 

"Russia could stop this war today and end the suffering caused by the war Russia launched if it ended its occupation of sovereign Ukrainian territory and stopped launching attacks on civilians."

We reported earlier on a fire at a former Russian electronics research institute near Moscow that has killed at least eight people.

We've now got video of the scene - with people visible leaning out of windows as smoke engulfs the building.

It is not yet clear what caused the fire to start. 

By Ian King , business presenter

The EU today launched its 14th package of sanctions against Russia - this time targeting Vladimir Putin's liquefied natural gas exports (LNG) for the first time.

The measure is the latest attempt by the bloc to deny Mr Putin's regime of money as his war on Ukraine drags into its 29th month.

No EU bans on Russian gas yet

The sanctions, which will kick in after a nine-month transition period, fall short of an outright ban on Russian LNG shipments.

This partly reflects the fact that EU members are themselves still allowed to buy LNG from Moscow - even though the bloc has set a target of phasing out Russian fossil fuels by 2027.

The EU followed the lead of the United States and the UK in banning Russian oil imports, with one or two limited exceptions, in 2022 after Russia attacked Ukraine.

What latest sanctions do

The key measure in the package, signed off late last week in the face of opposition from Germany and Hungary, is a ban on trans-shipments off EU ports of Russian LNG - essentially preventing the commodity from being sold to third countries via EU ports.

Part of the package also targets specific vessels - including an initial 27 oil tankers - that are used to get around the price cap slapped on Russian oil by the G7 countries.

Read the full story here ...

A video appearing to show a wounded Russian soldier being shot dead by another shows the "brutal culture" of Moscow's armed forces, according to a US-based thinktank.

Footage shared widely on social media over the weekend shows a Russian soldier injured by a drone strike, motioning to another soldier for help.

Instead, the other soldier kills him with a gunshot fired at point-blank range.

He does this instead of attempting to check the soldier's injury, attempting treatment, taking his identification tags or attempting a casualty evacuation, the Institute for the Study of War (ISW) says.

"The attempted or deliberate killing of a fellow soldier is unprofessional, and ISW has observed instances of Russian fragging (the deliberate killing of supervisors) and other anecdotes demonstrative of a callous disregard for the lives of Russia’s own soldiers throughout the war thus far, both within Russia and amongst Russian troops on the battlefield," it says in its latest assessment.

"Fragging is generally indicative of extremely poor discipline amongst troops, a disconnect between tactical level commanders and their subordinates, as well as a blatant disregard for human life."

Sky News has not verified the authenticity of the video.

A fire at a former Russian electronics research institute near Moscow has killed at least eight people, state news agency TASS reports.

Two people jumped to their death from the top floors of the eight-storey building - in the town of Fryazino - which was engulfed by flames.

Regional governor Andrey Vorobyov said a 34-year-old man was in serious condition in hospital, while two firefighters were also being treated for injuries from the fire. 

More than 100 firefighters are at the scene. Local emergency services said the man was the only person rescued from the blaze.

The building creates components for fighter jets, nuclear launch munitions, air defences and guided munitions. 

Gunmen opened fire on two Orthodox churches, a synagogue and a police post in two cities in the Russian region of Dagestan yesterday.

Dagestan's governor, Sergei Melikov, tried to link the attacks with the ongoing Russian invasion of Ukraine.

The US-based Institute for the Study of War has suggested it is likely the work of Islamic State's Northern Caucasus branch, Wilayat Kavkaz, but there is no confirmation of that.

Watch the video below to find out what we know so far...

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Home » Sample Business Plans » Education

How to Write an Education Consulting Business Plan [Sample Template]

Are you about starting an education consulting firm? If YES, here is a complete sample education consulting firm business plan template & feasibility report you can use for FREE . If you are an educationist or someone who has background in education matters, and you intend starting your business, then you should consider starting your own education consulting firm.

There are many would – be international students and students aspiring to go to colleges / universities who are trapped simply because they don’t know who to talk to when they have challenges with testing and educational related issues that is why it is important to set up your own education consulting firm.

Why Start an Education Consulting Firm?

Being an educational consultant means that you will help your clients handle all their educational concerns, help to gain admission to colleges or universities of their choice. You can also help your clients (international students) obtain work permits in their new country of residence / studies.

Starting an education consulting firm is not too expensive except for the money required to rent and furnish an office space. Running this type of business requires that you should be trained as an educationist and it is indeed a very lucrative business in the United States, Canada, Australia and The United Kingdom simply because of the inflow of international students from different parts of the world.

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

A Sample Education Consulting Firm Business Plan Template

1. industry overview.

Establishments in the Testing & Educational Support industry that education consulting belongs to primarily provide non – instructional support services for the education industries. The major segments of this industry are educational testing services and educational consultants.

It is important to state that computer software designers that develop education support software are not part of the Testing & Educational Support industry; they are part of the IT Consulting industry

If you are a close observer of the Testing & Educational Support industry, you will agree that the controversial No Child Left Behind Act in the united states has been an important driver of revenue for the Testing and Educational Support industry over the past decade.

This is due to the fact that education consultants play a prominent role in administering the assessments that ensure schools meet federal guidelines. Hence, the industry will be heavily impacted in the next half a decade by potential education reforms and fluctuations in federal funding.

Nevertheless, college enrollment will continue to expand over the period, and international student growth will continue, driven by high demand from students from Nigeria, China and India. Even though tighter state budgets will limit unnecessary expenditure, underlying demand for support services will still be sustained.

The Testing & Educational Support Industry is indeed a large industry and pretty much active in countries such as United States of America, United Kingdom, France, Germany,  Italy, Holland, Switzerland, Australia and Canada et al.

Statistics has it that in the United States of America alone, there are about 7,639 registered and licensed education consulting firm scattered all across the United States responsible for employing about 115,967 and the industry rakes in a whooping sum of $15 billion annually.

The industry is projected to grow at 3.4 percent annual growth within 2011 and 2016. It is important to state that ETS and Pearson PLC has the largest available market share in the industry.

A recent research carried out by IBISWORLD reveals that the Testing and Educational Support industry has expanded over the five years to 2016. The report stated that during this time, revenue grew at an average annual rate of 0.9 percent to $13.7 billion in 2016.

The report pointed that the Testing and Educational Support industry is composed of three main segments: educational testing providers, educational consultants and student-exchange program providers. While overall growth has been strong, these segments have experienced different levels of growth over the past five years, with educational testing services accounting for the largest share of revenue growth.

The research further revealed that the No Child Left Behind (NCLB) Act of 2001 has driven industry demand during much of the past decade. Under NCLB, which was signed into law in January 2002, states had to implement major educational changes to remain eligible for federal funding.

Lastly, one thing is certain about starting an education consulting firm, if you are able to conduct your market research and feasibility studies, you are more likely not going to struggle to secure clients because there are always individuals and even educational institutions / schools that would want to hire your services from time to time.

2. Executive Summary

Webster & Golden® Education Consulting, LLP is a registered and licensed education consulting firm that will be based in New York City – New York.

The firm will handle all aspect of education related services; services such as providing college selection services, providing educational consulting services, providing educational guidance counseling services, providing educational support services, providing educational testing services, attending school buses and facilitating student exchange programs.

We are aware that to run a standard education consulting firm can be demanding which is why we are well trained, certified and equipped to perform excellently well. Webster & Golden® Education Consulting, LLP is a client – focused and result driven education consulting firm that provides broad- based services at an affordable fee that won’t in any way put a hole in the pocket of our clients.

We will offer a standard and professional education consulting services to all to our individual clients, and corporate clients at national, and international level. We will ensure that we work hard to meet and surpass our clients’ expectations whenever they hire our services.

At Webster & Golden® Education Consulting, LLP, our client’s best interest would always come first, and everything we do is guided by our values and professional ethics. We will ensure that we hire professionals who are well experienced in the testing and educational support industry

Webster & Golden® Education Consulting, LLP will at all times demonstrate her commitment to sustainability, both individually and as a firm, by actively participating in our communities and integrating sustainable business practices wherever possible.

We will ensure that we hold ourselves accountable to the highest standards by meeting our client’s needs precisely and completely. We will cultivate a working environment that provides a human, sustainable approach to earning a living, and living in our world, for our partners, employees and for our clients.

Our plan is to position the business to become the leading brand in the testing and educational support industry in the whole of New York City – New York, and also to be amongst the top 20 educational consulting firms in the United States of America within the first 10 years of operations.

This might look too tall a dream but we are optimistic that this will surely be realized because we have done our research and feasibility studies and we are enthusiastic and confident that New York City – New York is the right place to launch our education consulting firm before sourcing for clients from other cities in The United States of America and throughout the globe.

Webster & Golden® Education Consulting, LLP is founded by Webster Magnus and Golden Jade, his business partner for many years. The organization will be managed by both of them since they have adequate working experience to manage such business.

Webster Magnus has well over 5 years of experience working at various capacities within the testing and educational support industry in the United States of America. Webster Magnus and Golden Jade have the required experience and qualifications to build a world class education consulting firm that can favorably compete amongst leaders in the industry.

3. Our Products and Services

Webster & Golden® Education Consulting, LLP is going to offer varieties of services within the scope of the testing and educational support industry in the United States of America. Our intention of starting our education consulting firm is to favorably compete with leading players in the testing and educational support industry both in the United States of America and in the world at large.

We are well prepared to make profits from the industry and we will do all that is permitted by the law in the United States to achieve our business goals, aim and ambition. Our business offerings are listed below;

• Providing college selection services
• Providing educational consulting services
• Providing educational guidance counseling services
• Providing educational support services
• Providing educational testing services
• Attending school buses
• Facilitating student exchange programs

4. Our Mission and Vision Statement

• Our vision is to build an educational consulting brand that will become the number one choice for both individual and corporate clients in the whole of New York City – New York.
• Our vision reflects our values: integrity, service, excellence and teamwork.
• Our mission is to position our education consulting firm to become the leading brands in the testing and educational support industry in the whole of New York City – New York, and also to be amongst the top 20 education consulting firms in the United States of America within the first 10 years of operations.

Our Business Structure

Normally we would have settled for two or three full – time staff members, but as part of our plan to build a standard education consulting firm in New York City – New York, we have perfected plans to get it right from the beginning which is why we are going the extra mile to ensure that we have competent, honest and hardworking employees to occupy all the available positions in our organization.

The picture of the kind of education consulting firm we intend building and the business goals we want to achieve is what informed the amount we are ready to pay for the best hands available in and around New York City – New York.

We will ensure that we only hire people that are qualified, honest, hardworking, customer centric and are ready to work to help us build a prosperous business that will benefit all the stake holders (the owners, workforce, and customers).

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 depending how fast we meet our set target. In view of that, we have decided to hire qualified and competent hands to occupy the following positions;

• Chief Executive Officer

Education Consultants

Admin and HR Manager

Marketing and Sales Executive

• Customer Care Executive / Front Desk Officer

5. Job Roles and Responsibilities

Chief Executive Office:

• Increases 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.
• 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 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
• Responsible for providing college selection services
• Responsible for providing educational consulting services
• Responsible for providing educational guidance counseling services
• Responsible for providing educational support services
• Responsible for providing educational testing services
• Attends to school buses as it relates to students under our care
• Responsible for facilitating student exchange programs
• Responsible for overseeing the smooth running of HR and administrative tasks for the organization
• Designs job descriptions with KPI to drive performance management for clients
• Regularly hold meetings with key stakeholders to review the effectiveness of HR Policies, Procedures and Processes
• Maintains office supplies by checking stocks; placing and expediting orders; evaluating new products.
• Ensures operation of equipment by completing preventive maintenance requirements; calling for repairs.
• Defines job positions for recruitment and managing interviewing process
• Carries out staff induction for new team members
• Responsible for training, evaluation and assessment of employees
• Responsible for arranging travel, meetings and appointments
• Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
• Oversees the smooth running of the daily office activities.
• Identifies, prioritizes, and reaches out to new partners, and business opportunities et al
• Identifies development opportunities; follows up on development leads and contacts; participates in the structuring and financing of projects; assures the completion of relevant projects.
• Writes winning proposal documents, negotiate fees and rates in line with company policy
• Responsible for handling business research, marker 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 increase sales
• Documents all customer contact and information
• Represent the organization in strategic meetings
• Help increase sales and growth for the organization
• Responsible for preparing financial reports, budgets, and financial statements for the organization
• creates reports from the information concerning the financial transactions recorded by the bookkeeper
• Prepares the income statement and balance sheet using the trial balance and ledgers prepared by the bookkeeper.
• 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 company
• Serves as internal auditor for the organization

Client Service Executive / Front Desk Officer

• Welcomes students and clients by greeting them in person or on the telephone; answering or directing inquiries.
• 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 organization’s products, promotional campaigns etc. to ensure accurate and helpful information is supplied to clients
• Receives parcels / documents for the organization
• Distributes mails in the organization
• Handles any other duties as assigned the line manager

6. SWOT Analysis

Going by our vision, our mission and the kind of business we want to set – up, we don’t have any other option than to follow due process. Following due process involves hiring business consultant to help us conduct SWOT analysis for our business.

Webster & Golden® Education Consulting, LLP hired the services of a seasoned business consultant with bias in start – ups in the United States to help us conduct a thorough SWOT analysis and to guide us in formulating other business strategies that will help us grow our business and favorable compete in the testing and educational support industry.

As a company, we look forward to maximizing our strength and opportunities and also to work around our weaknesses and threats. Here is a summary from the result of the SWOT analysis that was conducted on behalf of Webster & Golden® Education Consulting, LLP.

Our core strength lies in the power of our team; our workforce. We have a team of highly qualified education consultants and support staff members that can go all the way to give our clients value for their money; a team that are trained, qualified and equipped to pay attention to details and to deliver excellent education consulting services.

We are well positioned and we know we will attract loads of clients (students and international students alike) from the first day we open our doors for business.

As a new education consulting firm, it might take some time for our organization to break into the market and gain acceptance especially from international students in the already saturated testing and educational support industry; that is perhaps our major weakness. So also, we may not have the required cash to give our business the kind of publicity we would have loved to.

• Opportunities:

The opportunities in the testing and educational support industry is massive considering the number of local and international students who can’t do with key services provided by only the testing and educational support industry. As a standard and well – positioned education consulting firm, we are ready to take advantage of any opportunity that comes our way.

Some of the threats that we are likely going to face as an education consulting firm operating in the United States are unfavorable government policies, the arrival of a competitor within our location of operations and global economic downturn which usually affects purchasing / spending 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

If you a closer observer of the trends in the Testing & Educational Support industry, you will agree that the controversial No Child Left Behind Act in the united states has been an important driver of revenue for the Testing and Educational Support industry over the past decade.

Although it is cheaper to start an education consulting business, but the fact remains that it is a bit challenging for new entrant to come into this industry, the primary barrier to the entry for new establishment is the stiff registration requirements applicable in most countries not just the United States of America.

As a matter of fact, education consulting firms must comply with local licensing criteria set out by registration boards and professional associations to obtain registration in their country or the state they want to operate from. This usually requires applicants to hold an accredited tertiary qualification before they can undertake written tests of skills, knowledge and abilities.

Lastly, the geographic distribution of education consulting firms and revenue in the industry is based on population levels and business locations. Education consulting firms tend to be located in areas with high populations students, and such areas tend to have higher level of students who would want to sit for college exams, apply for international studies or for student exchange programs.

8. Our Target Market

The demographic and psychographics composition of those who need the services of education consulting services providers cut across students and schools at all levels.

Webster & Golden® Education Consulting, LLP will initially serve students within our immediate community, but that does not in any way stop us from growing to be able to compete with the leading education consulting firms in the United States.

As a standard and licensed education consulting firm, Webster & Golden® Education Consulting, LLP offers a wide range of education consulting services hence we are well trained and equipped to services a wide range of clientele base. Our target market cuts across businesses of different sizes in both the individual and corporate clients.

We are coming into the industry with a business concept that will enable us work with individuals, small businesses and bigger corporations in and around New York City – New York and other cities in the United States of America. Below is a list of the people and organizations that we have specifically design our products and services for;

• International Students
• Local students
• Tutorial colleges

Our competitive advantage

The level of competitions in the testing and educational support services industry depends largely on the location of the business and of course the business model. If you can successfully create a unique brand identity for your education consulting firm or carve out a unique market, you are likely going to experience less competition.

For instance, if you are one of the few education consulting firms in your locations that has the most qualified and experienced education consultant with successful track record under your payroll, you are likely going to have a competitive advantage over your competitors.

We are quite aware that to be highly competitive in the testing and educational support services industry means that we should be able to deliver expected results, our clients should be able to pay for our services and we should be able to meet the expectations of clients.

Webster & Golden® Education Consulting, LLP might be a new entrant into the testing and educational support services industry in the United States of America, but the management staffs and owners of the business are considered gurus. They are people who are core professionals and licensed and highly qualified education consultants and experts in the United States. These are part of what will count as a competitive advantage for us.

Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category (start – ups education consulting firms) in the industry meaning that they will be more than willing to build the business with us and help deliver our set goals and achieve all our aims and objectives.

9. SALES AND MARKETING STRATEGY

• Sources of Income

Webster & Golden® Education Consulting, LLP is established with the aim of maximizing profits in the testing and educational support services industry and we are going to go all the way to ensure that we do all it takes to attract clients (local and international students) on a regular basis.

Webster & Golden® Education Consulting, LLP will generate income by offering the following immigration consulting services;

10. Sales Forecast

One thing is certain, there would always be local students, international students, individuals, schools and tutorial colleges et al who would need the services of testing and educational support services providers.

We are well positioned to take on the available market in New York City – New York and other key cities in the United States of America and we are quite optimistic that we will meet our set target of generating enough income / profits from the first six month of operations and grow the business and our clientele base beyond New York City to other cities in New York and other states in the U.S.

We have been able to critically examine the education consulting services market and we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. The sales projections are based on information gathered on the field and some assumptions that are peculiar to similar startups in New York City – New York.

Below are the sales projections for Webster & Golden® Education Consulting, LLP, it is based on the location of our business and the wide range of education consulting and advisory services that we will be offering to our clients;

• First Fiscal Year-: $250,000
• Second Fiscal Year-: $450,000
• Third Fiscal Year-: $950,000

N.B : This projection is done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown and natural disasters within the period stated above. There won’t be any major competitor offering same additional services as we do within 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 stiffer competitions amongst education consulting firms and other related educational support service providers in the United States of America; hence we have been able to hire some of the best business developer to handle our sales and marketing.

Our sales and marketing team will be recruited base 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 the organization.

We will also ensure that our excellent job deliveries speak for us in the market place; we want to build a standard and world – class education consulting firm that will leverage on word of mouth advertisement from satisfied clients (both individuals and corporate organizations).

Our goal is to grow our education consulting firm to become one of the top 20 education consulting firms in the United States of America which is why we have mapped out strategy that will help us take advantage of the available market and grow to become a major force to reckon with not only in the New York City – New York, but also in other cities in the United States of America.

Webster & Golden® Education Consulting, LLP is set to make use of the following marketing and sales strategies to attract clients;

• Introduce our education consulting firm business by sending introductory letters alongside our brochure to migrant communities, corporate organizations, households and key stake holders in New York City and other cities in New York.
• Advertise our business in relevant magazines, newspapers, TV stations, and radio station.
• List our education consulting firm business on yellow pages’ ads (local directories)
• Attend relevant international and local education, international studies and business expos, seminars, and business fairs et al
• Create different packages for different category of clients (local students and international students et al) in order to work with their budgets and still deliver quality education consulting services to them
• Leverage on the internet to promote our education consulting firm
• Engage in direct marketing approach
• Encourage word of mouth marketing from loyal and satisfied clients
• Join local chambers of commerce and industries with the aim of networking and marketing our services.

11. Publicity and Advertising Strategy

Any business that wants to grow beyond the corner of the street or the city they are operating from must be ready and willing to utilize every available means (both conventional and non – conventional means) to advertise and promote the business. We intend growing our business which is why we have perfected plans to build our brand via every available means.

We know that it is important to create strategies that will help us boost our brand awareness and to create a corporate identity for our education consultancy services firm business. Below are the platforms we will leverage on to boost our brand and to promote and advertise our business;

• Place adverts on community based educational and related newspapers, radio stations and TV stations.
• Encourage the use of word of mouth publicity from our loyal customers
• Leverage on the internet and social media platforms like; YouTube, Instagram, Facebook, Twitter, LinkedIn, Snapchat, Badoo, Google+ and other platforms to promote our business.
• Ensure that we position our banners and billboards in strategic positions all around New York City – New York
• Distribute our fliers and handbills in target areas in and around our neighborhood
• Contact migrant communities, schools, and households et al by calling them up and informing them of Webster & Golden® Education Consulting, LLP and the educational support services we offer
• Advertise our business in our official website and employ strategies that will help us pull traffic to the site
• Brand all our official cars and school buses and ensure that all our staff members and management staff wears our branded shirt or cap at regular intervals.

12. Our Pricing Strategy

Hourly billing for education consulting services is a long – time tradition in the industry.  However, for some types of education consultancy services, flat fees make more sense because they allow clients to better predict consultancy costs.

As a result of this, Webster & Golden® Education Consulting, LLP will charge our clients a flat fee for many basic services such as providing college selection services, providing educational consulting services, providing educational guidance counseling services, providing educational support services, providing educational testing services, attending school buses and facilitating student exchange programs et al.

At Webster & Golden® Education Consulting, LLP we will keep our fees below the average market rate for all of our clients by keeping our overhead low and by collecting payment in advance.  In addition, we will also offer special discounted rates to both local and international students from time to time.

We are aware that there are some clients that would need regular access to education consultancy and advisory services and assistance, 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 Webster & Golden® Education Consulting, LLP 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 Webster & Golden® Education Consulting, LLP will make available to her clients;

• Payment via bank transfer
• Payment with cash
• Payment via credit cards / Point of Sale Machines (POS Machines)
• 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 testing and educational support services without any stress on their part. Our bank account numbers will be made available on our website and promotional materials to clients who may want to deposit cash or make online transfer for all education consultancy and advisory services rendered.

13. Startup Expenditure (Budget)

When it comes to calculating the cost of starting an education consulting firm, there are some key factors that should serve as a guide. Besides, 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 / leasing a big facility, 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.

This means that the start-up can either be low or high depending on your goals, vision and aspirations for your business. The tools 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 an education consulting firm; it might differ in other countries due to the value of their money. Below are some of the basic areas we will spend our start – up capital in setting up our education consulting firm;

• The total fee for incorporating the Business in the United States of America – $750.
• The total cost for payment of insurance policy covers (general liability, workers’ compensation and property casualty) coverage at a total premium – $9,400
• The amount needed to acquire a suitable Office facility in a business district 6 months (Re – Construction of the facility inclusive) – $40,000
• The total cost for hiring Business Consultant – $2,500
• The cost for equipping the office (computers, software applications, printers, fax machines, furniture, telephones, filing cabins, safety gadgets and electronics et al) – $5,000
• Marketing promotion expenses for the grand opening of Webster & Golden® Education Consulting, LLP in the amount of $3,500 and as well as flyer printing (2,000 flyers at $0.04 per copy) for the total amount of $3,580 .
• The cost for purchase of the required software applications (testing results tracking Software, Payroll Software, CRM software, and Accounting Software et al) – $10,500
• The cost of launching our official Website – $600
• Budget for paying at least three employees for 3 months plus utility bills – $10,000
• Additional Expenditure (Business cards, Signage, Adverts and Promotions et al) – $2,500
• Miscellaneous: $1,000

Going by the report from the market research and feasibility studies conducted, we will need over one hundred and fifty thousand ( 150,000 ) U.S. dollars to successfully set – up a small scale but standard education consulting firm in the United States of America. Please note that the salaries of all our staff members for the first month is included in the expenditure.

Generating Funds / Startup Capital for Webster & Golden® Education Consulting, LLP

No matter how fantastic your business idea might be, if you don’t have the required money to finance the business, the business might not become a reality. No doubt raising start – up capital for a business might not come cheap, but it is a task that an entrepreneur must go through.

Webster & Golden® Education Consulting, LLP is a business that will be owned and managed by Webster Magnus and Golden Jade, his business partner for many years. They are the sole financial of the firm, but may likely welcome partners later which is why they decided to restrict the sourcing of the start – up capital for the business to just three major sources.

These are the areas we intend generating our start – up capital;

• Generate part of the start – up capital from personal savings
• Source for soft loans from family members and friends
• Apply for loan from my Bank

N.B: We have been able to generate about $50,000 ( Personal savings $40,000 and soft loan from family members $10,000 ) and we are at the final stages of obtaining a loan facility of $100,000 from our bank. All the papers and document has 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

The future of a business lies in the numbers of loyal customers that they have the capacity and competence of the employees, their investment strategy and the business structure. If all of these factors are missing from a business (company), then it won’t be too long before the business close shop.

One of our major goals of starting Webster & Golden® Education Consulting, LLP 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 education consultancy and advisory 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.

Webster & Golden® Education Consulting, LLP will make sure that the right foundation, structures and 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 re – training 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 three 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
• Application for business license and permit: Completed
• Securing a standard office facility (renovation of the facility inclusive): Completed
• Purchase of All form of Insurance for the Business: Completed
• Conducting Feasibility Studies: Completed
• Generating part of the start – up capital from the founder: Completed
• Applications for Loan from our Bankers: In Progress
• Writing of Business Plan: Completed
• Drafting of Employee’s Handbook: Completed
• Drafting of Contract Documents: In Progress
• Design of The Company’s Logo: Completed
• Graphic Designs and Printing of Packaging Marketing / Promotional Materials: Completed
• Recruitment of employees: In Progress
• Purchase of the Needed software applications, furniture, office equipment, electronic appliances and facility facelift: In progress
• Creating Official Website for the Company: In Progress
• Creating Awareness for the business (Business PR): In Progress
• Health and Safety and Fire Safety Arrangement: In Progress
• Establishing business relationship with vendors and key players in the industry: In Progress.

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NEET-UG 2024: 'Announce an action plan, issue daily bulletin,' ex-Infosys CFO to Education Ministry

The ministry of education transferred the probe into irregularities in the medical entrance exam to the cbi, saying certain cases of alleged irregularities, cheating, impersonation, and malpractices had been reported. the cbi registered an fir on sunday.

• Updated Jun 23, 2024, 3:29 PM IST

Mohandas Pai, former Chief Financial Officer at Infosys, has appealed to the Centre to announce an action plan to safeguard the interests of 24 lakh students who took the NEET-UG examination. He also urged the Education Ministry to issue a daily bulletin of actions taken and future actions. "Students are very stressed," he said in a tweet. 

Pl announce an action plan to safeguard interests of 24 lakh students now, issue a daily bulletin of action taken, future action Students are very stressed @dpradhanbjp https://t.co/CarVq7FqsZ — Mohandas Pai (@TVMohandasPai) June 23, 2024

The NEET examination was held on May 5 across 4,750 centres. Some students alleged irregularities after as many as 67 students scored a perfect 720, which had never happened in the NTA's history. The reports of paper leak also surfaced first in Bihar, and then Gujarat's Godhra.

Bihar's Economic Offences Unit arrested 13 people, including prime suspect Sikandar Yadavendu, in connection with the alleged paper leak. The EOU is also exploring the "possibility of conducting narco analysis and brain mapping tests" of the accused.

The Ministry of Education transferred the probe into irregularities in the medical entrance exam to the Central Bureau of Investigation (CBI), saying certain cases of alleged irregularities, cheating, impersonation, and malpractices had been reported. The CBI registered an FIR on Sunday. 

"The central government has also enacted the Public Examination (Prevention of Unfair Means) Act, 2024, to prevent unfair means in the public examinations and to provide for matter connected therewith or incidental thereto," the ministry said. 

The ministry also formed a high-level committee of experts to improve the functioning of the National Testing Agency (NTA). The committee will be headed by former ISRO chief K Radhakrishnan. 

The ministry also postponed the NEET-PG entrance, the fourth entrance exam to be impacted in recent days. "We stand for transparent, tamper-free, and zero error examination. A panel has been formed on exam reforms, strict action has been taken against officials and the case has been handed over to CBI," Union Education Minister Dharmendra Pradhan said. 

"Students' interest will be safeguarded at any cost," he said amid protests in different parts of the country on the issue of alleged irregularities in entrance exams. 

The Health Ministry announced the postponement of NEET-PG entrance, a night before the entrance exam, as a "precautionary measure" in the wake of recent allegations on the integrity of certain competitive exams. 

The Centre has also operationalised a stringent law that aims to curb malpractices and irregularities in competitive examinations with provisions entailing a maximum jail term of 10 years and a fine of up to Rs 1 crore for offenders. 

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