Do you want to start a psychotherapy practice? If YES, here is a sample psychotherapy private practice business plan template & FREE feasibility report.
People are always looking for non-conventional ways to cure whatever illness they are suffering from which is why people that are involved in psychotherapy practice are in high demand. Psychotherapists may be mental health professionals such as psychiatrists, psychologists, mental health nurses, clinical social workers, marriage and family therapists, or professional counselors.
Psychotherapists may also come from a variety of other backgrounds, and depending on the jurisdiction may be legally regulated, voluntarily regulated or unregulated (and the term itself may be protected or not).
Please note that to start and run a successful psychotherapy private practice, you will first have to obtain your college degree in behavioral science (e.g., psychiatry, psychology, counselling, social work, sociology) with workshops, certificate classes and symposia that fill voids in your area of expertise.
Below is a sample psychotherapy private practice business plan template that will help you write yours without much stress.
A Sample Psychotherapy Private Practice Business Plan Template
1. Industry Overview
Psychotherapy (psychological therapy or talking therapy) is the use of psychological methods, particularly when based on regular personal interaction with adults, to help a person change behavior and overcome problems in desired ways.
Psychotherapy aims to improve an individual’s well-being and mental health, to resolve or mitigate troublesome behaviors, beliefs, compulsions, thoughts, or emotions, and to improve relationships and social skills. Please note that certain psychotherapies are considered evidence-based for treating some diagnosed mental disorders.
Professionals who are into psychotherapy private practice business are grouped under the Behavioral Therapists industry and this industry includes behavioral therapists / practitioners that primarily engaged in the independent practice of psychotherapy designed to eliminate undesired behaviors or mental challenges.
A close study of the industry shows that the industry has experienced steady conditions and stable growth over the last five years.
Rising student enrollment rates have stimulated demand for the industry’s services. Most importantly, increased access to health insurance has better enabled individuals to afford industry services, as many psychotherapy private practice services are covered by health insurance.
More individuals have obtained private health insurance coverage, better enabling them to access industry services. The PPACA has increased the number of individuals with government health insurance by expanding access to Medicaid. These trends are expected to continue over the next five years to 2022.
According to research from the Centers for Disease Control and Prevention, an estimated 50.0% of all Americans will develop some sort of mental illness in their lifetime that requires behavioral therapy. Furthermore, many individuals with behavioral health ailments have coexisting physical health conditions.
This factor strains the US healthcare system, as behavioral issues can complicate patients’ treatment for other medical conditions or amplify current medical issues.
For instance, depressed patients are typically three times more likely to be noncompliant with their treatment recommendations, which can add significantly to healthcare costs. In response, behavioral therapists provide services through numerous channels.
The Behavioral Therapists industry is a thriving sector of the economy of the united states of America and they generate over billion annually from more than 76,481 registered and licensed Behavioral Therapists and psychotherapy private practitioners.
The industry is responsible for the employment of over 125,543 people. Experts project the industry to grow at a 4.5 percent annual rate within 2014 and 2019. It is important to state that there is no single organization that has a lion share of the market in this industry.
Please note that it is absolutely compulsory for any investor who is looking towards starting any health related business in the United States of America to meet extensive federal, state and local laws and regulations. These regulations relate to the adequacy of medical care, equipment, personnel, operating policies and procedures.
Regulations also involve maintaining adequate records, preventing fires, setting rates and complying with building codes and environmental protection laws. These regulations make it difficult and costly for aspiring entrepreneurs to enter the industry.
Some of the factors that encourage entrepreneurs to start their own psychotherapy private practice business could be that the business requires low level manpower, the business can easily get support from the government at all levels and it is indeed profitable despite the legislature governing the industry.
Interestingly, psychotherapy may be delivered in person (one on one, or with couples, or in groups), over the phone, via telephone counseling, or via the internet.
As a psychotherapy pathology private practitioner, aside from your professional qualifications, the key attributes needed to be able to make good success from the trade is patience, enthusiasm, passion about the specific area to be handled, and constant positivity. You are also expected to be highly proactive.
2. Executive Summary
Jonny Belfast® Psychotherapy Practitioners, LLP is a licensed Psychotherapy firm that is specialized in helping her clients change their behavior and overcome mental health related problems in desired ways.
The scope of our business offerings covers areas such as improving an individual’s well-being and mental health, to resolve or mitigate troublesome behaviors, beliefs, compulsions, thoughts, or emotions, and to improve relationships and social skills et al.
Our business will be located in a well – populated residential estate in New Orleans – Louisiana, United States of America.
Jonny Belfast® Psychotherapy Practitioners, LLP is a client-focused and result driven psychotherapy organization that provides broad – based approaches and experience at an affordable fee that won’t in any way put a hole in the pocket of our clients.
We will ensure that we work hard to meet and surpass all our clients’ expectations as it relates to their mental health and behavioral goals.
At Jonny Belfast® Psychotherapy Practitioners, LLP, our clients’ overall best interest would always come first, and everything we do is guided by our values and professional ethics. We will ensure that we hire certified psychotherapists and related health workers with various skills set who are passionate in helping our clients overcome their behavioral challenges in record time.
Jonny Belfast® Psychotherapy Practitioners, LLP will at all times demonstrate her commitment to sustainability, both individually and as a psychotherapy private practice organization 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 clients’ needs precisely and completely.
Our overall business goal is to position our private psychotherapy practice to become the leading brand in the Behavioral Therapists industry in the whole of New Orleans – Louisiana, United States of America, and also to be amongst the top 10 psychotherapy private practice businesses in the United States of America within the first 5 years of operation.
This might look too tall a dream but we are optimistic that this will surely come to pass because we have done our research and feasibility studies and we are confident that New Orleans is the right place to launch our business.
Jonny Belfast® Psychotherapy Practitioners, LLP is founded by Dr. Jonny Belfast and he will run the business with his partner Dr. Biden San Jose. Dr. Belfast is a certified and renowned Psychotherapist. He has over 20 years’ experience working with a wide range of people both in the United States of America and Canada.
3. Our Products and Services
Jonny Belfast® Psychotherapy Practitioners, LLP is going to offer psychotherapy and related services within the scope of the Behavioral Therapists industry in the United States of America.
Our intention of starting our business is to help our clients overcome their behavioral challenges and improve their interpersonal skills, competence, capacity and productivity and of course to also make profits from the Behavioral Therapists industry.
We will do all that is permitted by the law in the US to achieve our aim and business goal. Our service offerings are listed below;
- Monitor patients’ progress and adjust treatments
- Develop treatment plans
- Evaluate behavioral patterns and mental health test results
- Develop individual or group programs in schools to deal with abnormal behavioral patterns and mental health problems
4. Our Mission and Vision Statement
- Our vision is to build a highly competitive and effective psychotherapy private practice business that will become the number one choice for both individuals and corporate organizations in New Orleans – Louisiana and the whole of the United States of America.
- Our mission is to provide affordable, professional and highly effective psychotherapy private practice services to a wide range of clients.
- We want to position Jonny Belfast® Psychotherapy Practitioners, LLP to become one of the leading brands in the industry in the whole of New Orleans – Louisiana, and also to be amongst the top 10 psychotherapy firms in the United States of America within the first 5 years of operation.
Our Business Structure
Jonny Belfast® Psychotherapy Practitioners, LLP, is a psychotherapy firm that intends starting small in New Orleans – Louisiana, but hopes to grow big in order to compete favorably with leading firms in the industry in the United States.
We are aware of the importance of building a solid business structure that can support the the kind of world class business we want to own. This is why we are committed to only hire the best hands within our area of operation.
At Jonny Belfast® Psychotherapy Practitioners, LLP, we will ensure that we hire people that are qualified, hardworking, creative, passionate, result driven, customer centric and are ready to work to help us build a prosperous business that will benefit all our stakeholders.
As a matter of fact, profit-sharing arrangement will be made available to all our senior management staff/partners 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;
- Principal Partner/Chief Executive Officer
- Psychotherapy Practitioners
- Office Administrator
- Accountant
- Marketing Executives
- Client Service Executive
5. Job Roles and Responsibilities
Principal Partner/Chief Executive Officer:
- 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
- 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
- Responsible for signing checks and documents on behalf of the company
- Evaluates the success of the organization
Psychotherapy Practitioners
- Monitor patients’ progress and adjust treatments
- Develop treatment plans for problems such as behavioral challenges and mental disorder
- Evaluate behavioral patterns and mental health test results
- Develop individual or group programs in schools to deal with abnormal behavioral patterns and mental health problems
- Instruct clients in techniques for more effective communication
- Handles any other duty as assigned by the Principal Partner / CEO.
Office Administrator
- Responsible for overseeing the smooth running of HR and administrative tasks for Jonny Belfast® Psychotherapy Practitioners, LLP
- Regularly holds meetings with key stakeholders to review the effectiveness of the organizations’ 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 induction for new team members
- Responsible for training, evaluation and assessment of employees
- Responsible for arranging travel, meetings and appointments
- Oversees the smooth running of the daily activities of Jonny Belfast® Psychotherapy Practitioners, LLP.
Marketing Executive
- Identifies, prioritizes, and reaches out to new students, and business opportunities et al
- Identifies development opportunities; follows up on development leads and contacts
- Writes winning proposal documents, negotiate fees and rates in line with organizations’ policy
- Responsible for handling business research, market surveys and feasibility studies for clients
- Responsible for supervising implementation, advocate for the customer’s needs, and communicate with clients
- Documents all customer contact and information
- Represents Jonny Belfast® Psychotherapy Practitioners, LLP in strategic meetings
- Helps to increase sales and growth for Jonny Belfast® Psychotherapy Practitioners, LLP
Accountant
- Responsible for preparing financial reports, budgets, and financial statements for the organization
- Provides managements with financial analyses, development budgets, and accounting reports
- 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 Jonny Belfast® Psychotherapy Practitioners, LLP
- Serves as internal auditor for Jonny Belfast® Psychotherapy Practitioners, LLP.
Client Service Executive
- Welcomes clients and visitors 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 principal partners
- Consistently stays abreast of any new information on the organizations’ products, promotional campaigns etc. to ensure accurate and helpful information is supplied to clients when they make enquiries
- Receives parcels/documents for Jonny Belfast® Psychotherapy Practitioners, LLP
6. SWOT Analysis
Jonny Belfast® Psychotherapy Practitioners, LLP engaged the services of a core professional in the area of business consulting and structuring to assist our organization in building a well – structured psychotherapy private practice business that can favorably compete in the highly competitive industry in the United States.
Part of what the business consultant did was to work with the management of our organization in conducting a SWOT analysis for Jonny Belfast® Psychotherapy Practitioners, LLP. Here is a summary from the result of the SWOT analysis that was conducted on behalf of Jonny Belfast® Psychotherapy Practitioners, LLP;
- Strength:
Our core strength lies in the power of our team; our workforce. We have a team that are considered experts in the industry, a team with excellent qualifications and experience in psychotherapy practice.
Aside from the synergy that exists in our carefully selected team members and our strong online presence, Jonny Belfast® Psychotherapy Practitioners, LLP is well positioned in a community with the right demography and we know we will attract loads of clients from the first day we open our doors for business.
- Weakness:
As a new psychotherapy private practice organization in New Orleans – Louisiana, it might take some time for our organization to break into the market and gain acceptance especially from top profile clients in the already saturated Behavioral Therapists industry; that is perhaps our major weakness.
- Opportunities:
Opportunities are abound in this line of business. As a matter of fact, subsidized state and federal healthcare exchanges have expanded private health insurance.
Healthcare reform has also increased the number of Americans who rely on government insurance and also the demand from educational services will increase alongside school enrollment. As a standard psychotherapy private practice organization, we are ready to take advantage of any opportunity that comes our way.
- Threat:
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.
Some of the threats that we are likely going to face as a psychotherapy private practice organization operating in the United States of America are unfavorable government policies that might affect businesses such as ours, the arrival of a competitor within our location of operation and global economic downturn which usually affects spending/purchasing 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
The trend in the Behavioral Therapists industry shows that in the last half decade, the industry has grown consistently. Psychotherapy services are needed regardless of economic conditions, which insulate the industry from economic fluctuations.
Going forward, as people continue to be employed and regain a steady income, private health insurance will become more affordable, prompting consumers to seek psychotherapy services when needed. Rising student enrollment rates will boost demand for industry services.
One trend in the industry is such that if you want to be ahead of your competitors, you should be able to acquire as much certifications as possible and you should be able to have loads of testimonies from your clients. The truth is that if your clients experience huge difference in their life as a result of hiring your services, then they will be compelled to help promote your organization.
Another notable trend in this industry is the influence of technology; the advent of technology is responsible for the increase in income generated by industry.
With technology, it is now easier for psychotherapists to work with their clients that are thousands of kilometers away from them. Tools like video calling/Skype, YouTube, live chat and Webcast et al are being used by psychotherapists to work with clients in different parts of the world.
8. Our Target Market
The target market for psychotherapy private practice firms is all encompassing. As a standard psychotherapy private practice organization, Jonny Belfast® Psychotherapy Practitioners, LLP offers a wide range of services hence we are well trained and equipped to service a wide range of clients.
Our target market as a psychotherapy private practice firm cuts across people of different class and people from all walks of life.
We are coming into the Behavioral Therapists industry with a business concept that will enable us work with the clients from different background and different status. Below is a list of the clients that we have specifically designed our services for;
- Schools
- People with mental health and behavioral challenges
- People suffering from one form of addictions or the order
- Hospitals and other medical clinics
- Households
Our Competitive Advantage
The Behavioral Therapists industry is indeed a very prolific and highly competitive industry. Clients will only hire your services if they know that you can help them overcome their behavioral challenges. It is the practice for psychotherapists to acquire as much certifications as it relates to their area of specialization; it is part of what will make them stay competitive in the industry.
We are quite aware that to be highly competitive in the Behavioral Therapists industry means that you should be able to deliver consistent quality service, your clients should be able to experience remarkable difference and improvement and you should be able to meet the expectations of your clients at all times.
Jonny Belfast® Psychotherapy Practitioners, LLP might be a new psychotherapy firm in New Orleans – Louisiana, but our management team are considered gurus in the industry. They are highly qualified psychotherapists that can successfully help her clients overcome their challenges within a short period of time. These are part of what will count as a competitive advantage for us.
Aside from our robust experience and expertise of our psychotherapists, we have a very strong online presence that will enable us work with clients in different parts of the world.
Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category in the industry. It will enable them to be more than willing to build the business with us and help deliver our set goals and objectives.
9. SALES AND MARKETING STRATEGY
We are mindful of the fact that there are stiff competitions amongst psychotherapy firms in the United States of America; hence we have been able to hire some of the best marketing experts to handle our sales and marketing.
Our sales and marketing team will be recruited based 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. We will also ensure that our clients overcome their challenges in record time.
Our goal is to grow Jonny Belfast® Psychotherapy Practitioners, LLP to become one of the top 10 psychotherapy private practice in the United States of America which is why we have mapped out strategies that will help us take advantage of the available market and grow to become a major force to reckon with not only in New Orleans – Louisiana but also in other cities in the United States of America.
Jonny Belfast® Psychotherapy Practitioners, LLP is set to make use of the following marketing and sales strategies to attract clients;
- Introduce our psychotherapy private practice firm by sending introductory letters alongside our brochure to corporate organizations, schools, hospitals, households and key stake holders in New Orleans – Louisiana.
- Print out fliers and business cards and strategically drop them in offices, libraries, public facilities and train stations et al.
- Use friends and family to spread word about our firm
- Post information about our firm on bulletin boards in places like schools, libraries, and local coffee shops.
- Place a small or classified advertisement in the newspaper, or local publication about our psychotherapy private practice firm
- Advertise our psychotherapy firm in relevant educational magazines, newspapers, TV and radio stations
- Attend relevant educational expos, seminars, and business fairs et al
- Engage direct marketing approach
- Encourage word of mouth marketing from loyal and satisfied clients.
Sources of Income
Jonny Belfast® Psychotherapy Practitioners, LLP is established with the aim of maximizing profits in the Behavioral Therapists industry and we are going to ensure that we do all it takes to attract clients on a regular basis. Jonny Belfast® Psychotherapy Practitioners, LLP will generate income by offering the following psychotherapy private practice services;
- Monitor patients’ progress and adjust treatments
- Develop treatment plans for problems and disorders
- Evaluate behavioral patterns and mental health test results
- Develop individual or group programs in schools to deal with abnormal behavioral patterns
- Instruct clients in techniques for more effective communication
10. Sales Forecast
One thing is certain, there would always be people who would need our services in other for them to overcome their behavioral and mental health related problems. This is the major reason why the services of psychotherapy private practice firms will always be needed.
We are well positioned to take on the available market in New Orleans – Louisiana and we are quite optimistic that we will meet our set target of generating enough income/profits from the first six months of operation and grow our psychotherapy private practice business and our clientele base.
We have been able to examine the psychotherapy private practice market, we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. Below are the sales projections for Jonny Belfast® Psychotherapy Practitioners, LLP, it is based on the location of our firm and of course the wide range of related services that we will be offering;
- First Fiscal Year (FY1): $150,000
- Second Fiscal Year (FY2): $350,000
- Third Fiscal Year (FY3): $750,000
N.B: This projection was done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown and there won’t be any major competitor offering same 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.
11. Publicity and Advertising Strategy
We have been able to work with our 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 and private clients in the whole of New Orleans – Louisiana which is why we have made provisions for effective publicity and advertisement of our business.
Below are the platforms we intend to leverage on to promote and advertise Jonny Belfast® Psychotherapy Practitioners, LLP;
- Place adverts on both print (community based newspapers and magazines) and electronic media platforms
- Sponsor relevant community based events / programs
- Leverage on the internet and social media platforms like; Instagram, Facebook, Twitter, YouTube, Google + et al to promote our brand
- Install our Bill Boards on strategic locations all around New Orleans – Louisiana.
- Distribute our fliers and handbills in target areas
- Contact corporate organizations by calling them up and informing them of Jonny Belfast® Psychotherapy Practitioners, LLP and the services we offer
- List our psychotherapy private practice firm in local directories / yellow pages
- Advertise our life psychotherapy private practice firm in our official website and employ strategies that will help us pull traffic to the site.
- Ensure that all our staff members wear our branded shirts and all our vehicles are well branded with our logo et al.
12. Our Pricing Strategy
Psychotherapy services are billed on per hour basis and flat fees. As a result of this, Jonny Belfast® Psychotherapy Practitioners, LLP will charge our clients flat fees except for few occasions where there will be need for us to charge special clients on hourly basis.
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 all our clients at regular intervals. We are aware that there are some clients that would need special assistance, we will offer flat rate for such services.
- Payment Options
The payment policy adopted by Jonny Belfast® Psychotherapy Practitioners, 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 regulations of the United States of America.
Here are the payment options that Jonny Belfast® Psychotherapy Practitioners, LLP will make available to her clients;
- Payment via bank transfer
- Payment with cash
- Payment via online bank transfer
- Payment via mobile money
- Payment via Point of Sales Machines (POS Machines)
- Payment via check
In view of the above, we have chosen banking platforms that will enable our clients make payment without any stress on their part.
13. Startup Expenditure (Budget)
This is what it would cost us to start our own standard psychotherapy private practice in the United States of America;
- Business incorporating fees in the United States of America will cost – $750.
- The budget for liability insurance, permits and license will cost – $3,500
- Acquiring an office space that will accommodate our employees (Re – Construction of the facility inclusive) will cost – $35,000.
- Equipping the office (computers, printers, projectors, markers, pens and pencils, furniture, telephones, filing cabinets, and electronics) will cost – $10,000
- The cost for accounting software, CRM software and Payroll Software – $3,000
- Other start-up expenses including stationery – $1000
- Phone and Utilities (gas, sewer, water and electric) deposits – ($3,500).
- Launching an official website will cost – $500
- Amount need to pay bills and staff members for at least 2 to 3 months – $70,000
- Additional Expenditure such as Business cards, Signage, Adverts and Promotions will cost – $5,000
- Miscellaneous – $5,000
Going by the report from the market research and feasibility studies conducted, we will need about one hundred and seventy – five thousand (175,000) U.S. dollars to successfully setup a medium scale but standard psychotherapy private practice firm in the United States of America.
Generating Funds/Startup Capital for Jonny Belfast® Psychotherapy Practitioners, LLP
Jonny Belfast® Psychotherapy Practitioners, LLP is a partnership business that will be owned by Dr. Jonny Belfast and he will run the business with his business partner Dr. Biden San Jose. They decided to restrict the sourcing of the startup capital for the business to just three major sources.
- Generate part of the startup capital from personal savings and sale of his stocks
- Generate part of the startup capital from friends and other extended family members
- Generate a larger chunk of the startup capital from the bank (loan facility).
N.B: We have been able to generate about $75,000 (Personal savings $50,000 and soft loan from family members $25,000) and we are at the final stages of obtaining a loan facility of $100,000 from our bank. All the papers and documents have 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 number of loyal customers that they have, the capacity and competence of their employees, their investment strategy and the business structure. If all of these factors are missing from a company, then it won’t be too long before the business closes shop.
One of our major goals of starting Jonny Belfast® Psychotherapy Practitioners, LLP is to build a business that will survive off its own cash flow without 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 services a little bit cheaper than what is obtainable in the market and we are prepared to survive on lower profit margin for a while.
Jonny Belfast® Psychotherapy Practitioners, 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 retraining 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: Completed
- Opening Online Payment Platforms: Completed
- Application and Obtaining Tax Payer’s ID: In Progress
- Application for business license and permit: Completed
- Purchase of Insurance for the Business: Completed
- Leasing a standard office facility in a good location plus reconstruction: In progress
- Conducting Feasibility Studies: Completed
- Generating part of the startup capital from the founders: Completed
- Writing of Business Plan: Completed
- Drafting of Employee’s Handbook: Completed
- Drafting of Contract Documents: In Progress
- Design of Logo for the school: Completed
- Printing of Promotional Materials: Completed
- Recruitment of employees: In Progress
- Purchase of the needed furniture, office equipment, electronic appliances and facility facelift: In progress
- Creating Official Website for the business: In Progress
- Creating awareness for the business in New Orleans – Louisiana: In Progress
- Health and Safety and Fire Safety Arrangement: In Progress
- Establishing business relationship with vendors and key players in various industries: In Progress