I. Executive Summary
This Section's Contents
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[Company Name], located in [insert location here], is a local newly established architectural firm. The company provides architecture services to the local metropolitan area and its surrounding communities. The company utilizes innovative design techniques with traditional architectural principles to provide innovative solutions to its clients.
[Company name] was founded by [Founder’s Name], a local architect that is committed to his clients and their needs. [Founder] graduated from architecture school five years ago and has spent the last five years working as a junior architect at a large architecture firm. [Founder’s} goal was to always own and operate his own architecture firm. Through his education and years spent learning from a large company, [Founder] is ready to venture out on his own and build his own architecture firm. [Founder] has been able to attain a handful of loyal clients who will follow him to his newly established architecture firm. By marketing to local businesses and recruiting a team of junior architects, [Company Name] will be a profitable self-sustaining architecture firm.
[Company Name] will provide a variety of architecture services. The services include architectural and engineering design, pre-design phase, structural design, and construction administration.
Pricing for all services will vary depending on the complexity and size of the project.
[Company Name] will primarily serve the residents within a 1 to 50-mile radius of our location. The demographics of these residents are as follows:
- 2,456,321 residents
- Average income of $38,500
- 49.33% married
- 36% in Mgt./Professional occupations
- Median age: 36 years
Of the above-mentioned demographic profile, there is about 20 million square feet of new development in the planning and design phase. The city is rapidly expanding and there are not enough architects in the metropolitan area to meet the need.
[Company Name] is led by [Founder’s Name], a local architect who has worked for a large architecture firm in [location] for five years. [Founder] attained his architecture degree from the [Location] School of Architecture five years ago and was able to secure a position as a junior architect straight out of architecture school. [Founder] quickly earned the position of Project Lead on a number of large industrial projects and was able to earn the trust of local expanding businesses. [Founder] has the proper knowledge and experience to own, manage, and operate his own architecture company.
[Company Name] is uniquely qualified to succeed due to the following reasons:
- The company will be utilizing modern methods of architecture coupled with innovative architecture design elements.
- The company will provide a wide range of architecture services that will be able to accommodate most companies’ needs.
- The owner has been awarded with the most prestigious recognition from the local architectural design magazine.
- The pricing model is competitive with other architecture companies.
- [Company Name] is fully licensed, bonded, and insured.
[Company Name] is seeking a total funding of $500,000 of debt capital to open its architecture company.
- Office design/build-out: $100,000
- Software and supplies: $200,000
- Brand development and marketing: $100,000
- Working capital: $100,000 to pay for licensing, salaries, and lease costs until [Company Name] reaches break-even
Top line projections over the next five years are as follows:
|Financial Summary||FY 1||FY 2||FY 3||FY 4||FY 5|
|Pre Tax Income||$219,152||$378,458||$505,670||$672,098||$912,948|
|Income Tax Expense||$76,703||$132,460||$176,985||$235,234||$319,532|
|Net Profit Margin||25%||31%||31%||32%||35%|