A Sample Personal Concierge Service Business Plan Template


personal assistant business plan

Personal Concierge Service Business Plan – Executive Summary Peak Performer™ Concierge Services, LLC is a registered and standard business concierge services company that will be based in Baltimore – Maryland, United States of America, but operate all over the United States. Items you will need. Personal assistants can take many forms. Some assistants handle a select few tasks, such as shopping and scheduling appointments, while others lean more toward the professional side of things, handling general office tasks for busy professionals. Still others prefer to generalize rather than specialize. Everywhere Assistant is an exciting application of the virtual assistant business model, providing a wide range of customer services from a remote location, leveraging the power of the Internet. This is a very efficient business model and will provide Sadie with reasonable income and the flexibility to handle the jobs when and how she chooses.

A Sample Virtual Assistant Business Plan Template

Are you about starting a concierge service? Okay, personal assistant business plan, so we have considered all the requirements for starting a concierge business, personal assistant business plan. The Concierge service is a business indeed to start.

This is one business that personal assistant business plan you versatile. What is more, you are sure to make loads of profit when y6ou delve into this type of trade.

In the United States of America, there are a good number of people who have delved into this industry and the truth remains t6hat they are doing really well in it. One of the things that you will have to do when you are looking to launch out in this business is to write a business plan. One of the good things about personal assistant business plan a business plan is the fact that you are able to chart a good course for your business.

This is one of the reasons why it may be important that you learn from the business plans of others. That is exactly why in this article, you are in luck because you can glean some information that will do your business a whole world of good.

Here below is a sample concierge business plan. The Business Concierge Services industry is known for providing on-demand services for clients that ranges from business executives to employees and individuals. Players in this industry offer a wide variety of services such as running errands, conducting grocery and personal shopping, making travel and restaurant reservations, and home management services et al.

The services may be provided in-person or remotely via telecommunications. For instance, in hotels or resorts, a concierge company assists guests by performing various tasks such as making restaurant reservations, booking hotels, arranging for spa services, personal assistant business plan, recommending night life hot spots, booking transportation like taxi, limousines, airplanes, boats, etc.

Concierge also assists with sending and receiving parcels, personal assistant business plan. In hospitals, concierge service services are becoming increasingly available. A hospital concierge provides services similar to those of a hotel concierge, but serves patients and employees as well, personal assistant business plan.

This helps hospital staff members who work long shifts, and helps to provide work-life balance. They are known to provide services such as informational requests, personal assistant business plan, setting dinner reservations, making telephone calls, researching travel arrangements and other related services, personal assistant business plan. Usually, concierge services companies will bill on an hourly rate and depending on the type of task, personal assistant business plan, service charges can fluctuate drastically.

Other companies bill a flat monthly fee based on the number of requests a member or client as the case may be is allowed to place each month. For instance, in the United Kingdom, since the year and as ofconcierge services has become a key marketing and loyalty tool in the banking sector and offered as a benefit on luxury credit cards and entertainment.

This type of service offering is also known as lifestyle management. The Business Concierge Services industry is indeed a growing industry and pretty much active in the United States and other developed countries. The industry is projected personal assistant business plan continue to grow at a 2. It is important to state that there is no company with a dominant market share in the industry.

There are loads of players in this industry simply because the entry barriers for the Business Concierge Services industry are low. Over and above, The Business Concierge Services industry is very open to any aspiring entrepreneur who has the required skills to start his or her own concierge services business and of course make good money from the industry.

As a matter of fact, it was projected that over the next five years, new technology will continue personal assistant business plan emerge that will make it easier for more players to come into the industry hence increasing the competition in the industry. We have been able to secure a standard and well — positioned office facility in a busy business district in Baltimore, the largest city in Maryland where we intend coordinating all our concierge activities from.

We are a business concierge service company that is set to compete in the highly competitive Business Concierge Services industry not only in the United States market, but also in the global market. Our business goal is to become one of the leading business concierge services company in the United States and we will make sure that every outsource jobs that we handle for our clients favorable compete with the best in the industry.

Our workers are going to be selected from a pool of talented and highly creative professionals with various skills personal assistant business plan it relates to the services we offer in and around Baltimore and also from any part of the United States of America.

We will make sure that we take all our workers through the required trainings that will position them to meet the expectation of the company and to compete favorably with leading business concierge services companies in the United States and throughout the globe.

We will cultivate a working environment that provides a human, sustainable approach to earning a living, and living in our world, for our partners, freelance workers and for our clients, personal assistant business plan. They have a combine qualification and experience that will position them to perform excellently well in the Business Concierge Personal assistant business plan Industry. We are poised to give our clients the very best in services and that is why we shall leave no room for laxity as we work hard to bring the very best to our customers, personal assistant business plan.

Our service offerings are listed below. Our vision is to establish a standard business concierge services company whose services and brand will not only be accepted in Baltimore — Maryland, personal assistant business plan, but personal assistant business plan throughout the United States of America.

Our mission is to provide professional and highly creative business concierge services that will assist businesses, individuals and busy corporate executives in achieving their business and personal goals and also to achieve work — life balance.

We want to build a business concierge services company that can favorably compete with other leading brands in the industry. We are aware of the importance of building a solid business structure that can support the picture of the kind of world class business we want to own.

This is why we are committed to only hire the best hands freelancers and back office staff within our area of operations. 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 as agreed by the board of trustees of the company. In view of the above, we have decided to hire qualified and competent hands to occupy the following positions. We do not want to leave room for doubt in operating our business; that is why we have given our timer and resources to identifying our strengths and weaknesses.

Our core strength lies in the power of our team; our field staff and back office workforce. We have a team of creative and personal assistant business plan proficient people with excellent qualifications and experience in various niche areas in the Business Concierge Services industry, personal assistant business plan. Aside from the synergy that exist in our carefully selected field staff and back office staff, our services will be guided by best practices in the industry.

As a new business concierge services company, it might take some time for our organization to break into the market and gain acceptance especially from top profile clients in the fast growing and highly competitive Business Concierge Services industry; that is perhaps our major weakness.

Another weakness is that we may not have the required cash to promote our business the way we would want to. No doubt, the opportunities in the Concierge Services industry is massive considering the number of individuals busy corporate executives and corporate organizations whose businesses and lifestyle depends on personal assistant business plan services of concierge service providers and those who would want to achieve work — life balance.

As a business concierge services company, we are ready to take advantage of any opportunity that is available in the industry. Every business faces a threat or challenge at any part of the life cycle of the business. These threats can be external or internal. This shows the importance of a business plan, because most threats or challenges are to be anticipated and plans put in place to cushion what effect they might bring to the business.

There is hardly anything we could do as regards these threats other than to be optimistic that things will continue to work for our good.

During the recession, low corporate profit and low per capita disposable income discouraged households and companies from hiring concierges, though loads of concierge service providers entered the industry during the recession because of its low barriers to entry. As the economy bounces back the demand for personal assistant business plan services is expected to return to the industry, with solid revenue and enterprise growth over the next couple of years.

The fact that the Business Concierge Services industry is a service-based industry makes it easier to set — up. While products may include monthly or yearly subscriptions, personal assistant business plan, mobile apps and online memberships, players in the industry thrive on the scope and niche of services they offer.

Concierge services vary widely depending on the size of the concierge company, their location and price. As a matter of fact, it was projected that over the next five years, new technology will continue to emerge that will make it easier for more players to come into the Business Concierge Services industry hence increasing the competition in the industry. No one breaks one without first streamlining their target market.

Before starting our business concierge services company, we are certain that there is a wide range of both corporate and individual clients who cannot successfully run their businesses or lifestyle without outsourcing some of their operations to a third party service provider.

As a matter of fact, without concierge service providers, it will be pretty difficult for some top executives to attain peak performance and work — life balance. We have conducted our market research and survey and we will ensure that the services we offer well accepted in the market place. Below is a list of the people and organizations that we will specifically market our products and services to. No doubt the competition in the Concierge Services industry is getting stiffer by the day, you have to be highly creative and come up with detailed services and concepts in order to survive in the industry.

The Business Concierge Services industry is indeed a very prolific and at the same time a highly competitive industry. Clients will only hire your services if they know that they can get nothing but the best from you.

We are quite aware that to be highly competitive in the Business Concierge Services industry means that you are not only expected to be able to deliver consistent and highly creative jobs, but you must be able to meet set targets. Our competitive advantage lies in the power of our team and management; our workforce. We have a team of creative and highly proficient concierge service providers in various niche areas in the Business Concierge Services industry, a team with excellent qualifications and experience.

Aside from the synergy that exists in our carefully selected workforce, our fees and services will be guided by best practices in the industry. Lastly, all our employees will be well taken care of, and their welfare package will be among the best within our category startups concierge service provider businesses in the United States in the industry. It will enable them to be more than willing to build the business with us and help deliver personal assistant business plan set goals and achieve all our business aims and objectives.

We are mindful of the fact that there is and there will always be a stiffer competition in the Business Concierge Services industry, hence we have been able to hire some of the best marketing experts to handle our sales and marketing.

We like small businesses that have grown need to identify all our sources of income. This is very vital because it is the needful thing to do especially when whilst starting out in trade. One thing is certain; there would always be corporate organization and individual especially busy top corporate executives who would need the services of business concierge services companies.

We have been able to critically examine the business concierge 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 projection is based on information gathered on the field and some assumptions that are peculiar to similar startups. Please note that the above projection might be lower and at the same time it might be higher. Pricing our services is the right things to put in place from the very beginning.

We will ensure that we keep the prices of our services below the average market rate for all of our customers by keeping personal assistant business plan overhead low and by collecting payment in advance from corporate organizations who would hire our services. In addition, we will also offer special discounted rates to all our customers at regular intervals.

We are aware that there are some one off jobs or government contracts which are always lucrative; we will ensure that we abide by the pricing model that is expected from contractors or organizations that bid for personal assistant business plan contracts.

Here are the payment options that we will make available to our clients. In view of the above, we have chosen banking platforms that will help us achieve our plans with little or no itches, personal assistant business plan.

We have been able to work with our in house brand and publicity consultants to help us map out publicity and advertising strategies that will help us walk our way into the heart of our target market.

We are set to become the number one choice for both corporate clients and individual clients in the whole of the United States and beyond which is why we have made provisions for effective publicity and advertisement of our business concierge services company. In setting up any business, the amount or cost will depend on the approach and scale you want to undertake and the nature if the business.

If you intend to go big by renting a place, 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 materials 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 personal assistant business plan business concierge services company; it might differ in other countries due to the value of their money.

Going by the report from the market research and feasibility studies conducted, we will need about two hundred and fifty thousandU.


The Surprising Truth Behind Starting a Personal Concierge Business


personal assistant business plan


Aug 19,  · A personal concierge business can be a great business idea for anyone who enjoys assisting others, has a flexible schedule, and loves variety. Starting your own personal care assistant business requires an understanding for what others need and what they value in life. Helping others who are too frail or busy to deal with little details of every day living is a growing need in the U.S. Personal Assistant. Additionally, most personal assistants are required to have computer skills as well as their own computer equipment and often travel is required to accompany the client to trade shows, business functions, and out-of-town business appointments.