Insurance Business Plans Samples For Students

Business Plan for Purchasing Colvard Insurance Associate

Executive Summary
This is a business plan that justifies and shows the purchase of Colvard Insurance Associate. Its acquisition will make it the brightest and newest insurance agency in the American region. The person looking to purchase it is Justin Plunkett. After he purchases it, the name of the insurance company will change to Plunkett Agency. Justin Plunkett has been in the insurance business for 5 years. He has been able to manage and facilitate the growth of a nearby agency in Guntersville, AL. He will provide the business with not only the desired skill and experience but also support ...

Compensation benefits

Mandatory benefits
Employees earning less than $23,600 an year are guaranteed overtime protection for work hours exceeding 40 hours per week at pay of at least half of their regular pay. Unemployment compensation is a temporary and partial wage replacement for employees who lose jobs involuntary; it is paid within the terms and conditions of relevant federal and/or state laws. Hazard pay is a mandatory pay benefit to pay employees higher than their normal wage when they work on a work duty that causes extreme stress and/or physical discomfort. However, terms and condition of the pay structure is subject to ...

Needs of the Small Commercial Fleet Owners

There are many needs of the commercial fleet owners, as far as the Usage-Based Insurance (UBI) is concerned. In this presentation, we only focused on the things that UBIs can provide.

Lower Costs on Insurance

Safety Guarantee for Customers
Speed and Efficiency of Service (getting customers and shipments from Point A to Point B)
What motivates commercial fleet owners and the pain points that they are facing?
As far as the proposed UBI is concerned (i.e. True Motion), the main motivation would be cost reduction. Insurance premiums could easily account for a significant chunk of the commercial fleet owners’ expenses . Commercial vehicles typically ...

Company external environment can be characterized by societal and task characteristics. In the societal environment the insurance industry continue to suffer low growth and pessimistic projections in terms of the level of sales. Therefore, major insurance companies in Europe and in the U.S.A. try to expand its operations into emerging countries, where the industry is less mature and markets are not yet fully saturated (Ernst & Young). In particular, Asia-Pacific promises lucrative opportunities, as their economies continue to expand and the middle-class is growing. While American and European consumers reduce their spending, domestic markets in emerging countries are growing ...

In Denmark, the procedure of starting a business is same for both the citizens and the foreigners. The country is preferred for starting business because its bureaucracy levels are low. This makes the start up process easy. In addition, the country offers massive opportunities for all investors in terms of low interest rates, high levels of education, and unequivocal tax laws. Presented herein is a business plan and how to start the business in Denmark.
Before starting any business, one should have an idea of the type of business to be started. In Denmark, it is always important to consult ...

Part C

Question 1
Summary of financial position/net worth
Summary of financial position/net worth
*Home Contents

Question 2 - Part A

*1.5% of taxable income
**Interest is subject to 10% tax rate in Australia
According do Australian tax legislation Australian residents are subject to individual income tax. As Tony’s annual salary is $115,000, he is due to pay $17,547 plus 37c for each $1 over $80,000 for the group of tax payers having income between $80,001 and $180,000. By analogy, tax duties can be calculated for Clare. She receives annual payments of $80,000, thus ...

For the sake of efficiency and agility and up-scaling the ability to innovate, insurers are moving ahead as they have come to the realization that legacy systems are a real impediment to these goals. It is clear that something needs to be done about this issue but the available option and demands are overwhelming. Global aero like any other company has had a legacy system that needs to be modernized. Since the 1960s the system has been in use and is based on aging developmental standards with diminished usability and functionality. Surprisingly enough, despite the modern outlook of graphical ...

The health care sector in the U.S has had predominant influences from the improvement of technology. This is one of the major reasons that has led to more involvement in the medical science field which is directly associated with the education of the health care practitioners. The health care system need to improve has been rising due to various goals and strains that have faced the American people. They include the need to check the costs of health care that are soaring, improve the quality of health care and cater to the increasing number of Americans in need of ...

Introduction

The business planning and formulating is not as easy and simple as it seems just like to run operations and deal with staff. To start a new business, it is very important to understand the nature and role of entrepreneurship. Many entrepreneurs have succeeded, and many have failed in the past, it means that there is something exist that can differentiate the successful and failure entrepreneurs. Before conducting a plan for the new business of wedding planner services, it is needed to understand the needs, challenges and risks in the development of new business and how these challenges and ...

[Monti Cleaning]

Business Plan

Business Plan template 1
Business Plan Summary 3
The Business 3
The Market 3
The Future 4
The Finances 4
The Business 5
Business details 5
Registration details 5
Business premises 5
Organisation chart 5
Management & ownership 6
Key personnel 6
Products/services 7
Unique Selling point.7
Anticipated demand8
Risk management 8
Operations 8
The Market 9
Market research 9
Market targets 9
Environmental/industry analysis 10
S.W.O.T. analysis 11

Advertising & sales 12

The Future 13
Vision statement 13
Mission statement 13
Goals/objectives 13
Action plan 14
The Finances 14
Key objectives & financial review 14
Start-up costs for [YEAR] 15
Balance sheet ...

Effective International Compensation Package

The company will be opening its new foreign production plant in Mexico next year, and the deadline for the establishment is getting nearer. One of the requirements needed to be accomplished is the hiring of ten US-based employees, which will include some upper-level managers, in order to foresee the plant’s activities. Since the production plant is located far from the residence area of the employees, there will be difficulties in adjusting with the new working environment. In response to these disadvantages, I would like to propose a new international compensation package which will encourage and meet the needs ...

To give the president proper strategies, we must first understand the efforts he has put in the relevant fields and the current situation in those fields. We must also understand what America needs in future so as to advise the president appropriately.

Let us begin by considering the economic field. When president Obama came to office, there was a total mess in the American economy: a deficit of $1.3 trillion, unemployment, banking system crisis, two wars, among others. The Obama’s administration has tried to get the economy back in track. Starting with the American Recovery and Reinvestment Act that he ...

Natuurlik Fresh Pressed Remedies

I am deciding to open the Natuurlik Fresh Pressed Remedies. This will be operated as a Sole Proprietorship Business. The reason I choose to operate under sole proprietorship is that it is the easiest and cheapest way for me to go. All profits will flow directly to the owner, and this business is subject to fewer regulations. The Natuurlik Fresh Pressed Remedies cannot compete based on profit only. This is the reason it will focus on meeting customers' expectations and core competencies. It will focus on achieving the customer expectations for the excellent quality of the Natuurlik Fresh Pressed Remedies. ...

Executive Summary

The mission of Londonderry Theaters is to provide an exceptional entertainment experience to our customers. By offering current and popular titles, 3D movies, exceptional facilities, and outstanding customer service, our customers will be thrilled with their experience. Londonderry Theaters will establish itself as the area’s premier movie theater complex.
Londonderry Theaters will be located in Londonderry, New Hampshire. Londonderry Theaters serves clients in the Londonderry and Derry area of New Hampshire. Customers live in these towns and the surrounding areas. Our target market is anyone who loves movies, males and females ages 2-100. These movie goers are ...

PART ONE

Ferrari is a highly renowned and high end performance trademark Italian automobile manufacturing company. Ferrari products range from street cars to turbo-powered sports cars, Ferrari458 Italia specifically, with high level of agility and performance . In this paper, we will focus on the core competencies, pre-market analysis and industry-market technicalities that Ferrari 458 Italia will encounter in order to intrude in highly crowded and competitive Chinese automobile market.
It’s quite evident that whatever the case maybe, whenever a new project is being started or some parent project is extended, it will be encountered by unexpected threats, uncertainties and vulnerabilities. Analysts ...

The current paper is devoted to the analysis of appropriate marketing mix for Chase Bank. As well, the paper undertakes to illustrate how each one of the four elements of the marketing mix affects, i.e. product, pricing, promotion, and place, affect the development of the organization’s marketing strategy and tactics. Besides, the paper is concerned with the description of how each element is implemented in the organization.
When conducting this analysis, a conclusive illustration on the company’s marketing mix is undertaken so that an inclusive decision is made as to why each of the four elements of ...

1.0 BUSINESS DESCRIPTION

Skylux Construction Company will be located in Fairfield, New South Wales. It will be a sole-proprietorship business. The business will be a construction company, offering construction services to builders and other consumers. It will also offer renovation and remodelling services to homeowners. The company has the ability, personnel and skill to meet its client’s needs and requirements. The physical address of the company will be 1457 Pitt Street Mall, New South Wales, Australia. The company will officially start running on 1st July, 2011.

The business being a sole proprietorship will be managed by the owner, who will be the general manager ...

Introduction & Brief Description of Business

Entrepreneurship allows for the opening of new businesses bringing about jobs for the people in a community and revenue that benefits not only the business but also taxes for the city and the state. Entrepreneurs usually take advantage of processes to enable their success in business to include lean experimentation that allows for the resolution of risks speedily and with minimum resources thereby allowing for testing of a business model; the enactment of investing which permits the entrepreneur to confront risks in order of importance thereby having the ability to use only the resources that are needed to meet ...

Business Plan: Student Services Area of Miami Dade College (MDC) – Hialeah Campus

Overview of Organization

The Miami Dade College (MDC) is the largest higher education institution in the United States (US), with an estimated total population of 175,000 across all its eight campuses located within the metropolitan area of the city of Miami, Florida. A state-sponsored college, the MDC also has two educational centers and various centers for outreach activities alongside its eight campuses. Each MDC campus has its academic specializations, although the MDC system allows all of its students to take general education courses in all of its campuses for their convenience (Miami Dade College, n.d.).
Standing by ...

Introduction – background information

Research is an important component of any market study as the same discloses important information about the market and the business environment to a business organization . In most cases, the main reason to conduct a research in business organizations is to be able to gather a picture of the competitive environment which usually takes into account factors such as presence of competitors, preference of customers in the market, prevailing political, economic, social and technological conditions and a number of other factors . These factors are important from a business point of view as the same help in predicting the challenges and aspects of a business organization.
...

Business Plan

Executive Summary
The objective is to help customers park their cars in busy cities, where parking may be difficult, frustrating, or expensive.
The concept is based on Valet Parking. Valet Parking is presently common only in a few specialized fixed locations, such as high class restaurants.
Parking Alternatives will expand this Valet Parking concept across a central city, whereby valets will meet customers, take their cars, and park them away from the city center in less busy areas. Later, the valet would return the car to the customer’s desired location.

The valets would be pre-positioned at strategic points in the city, able to quickly respond to requests.

The service would be enabled by a smart ...

Executive Summary

New York City Health Services Clinic or NYHSC is a medical and healthcare clinic located at the heart of one of the busiest cities in the world, New York City. It offers a wide array of medical services from simply primary health care services to more sophisticated premium tertiary healthcare services mainly to New York City residents. NYHSC does not only target those who are already sick because it also offers wellness and disease prevention programs for medically well individuals. Thorough analysis of the health and wellness market indicates that there is an already high and continuously increasing demand for health ...

Executive Summary

1.1 Objectives
- Become an established medical billing institution within the first six months of operation.
- Increase the number of clients by 30% per year
- Develop an enterprise that survives off its own cash flow
1.2 Mission
Physician Assistant Medical Billing’s mission is to provide high quality services in health insurance claims to clients. The firm hopes to attract new customers and retain their loyalty through efficient provision of services. The firm’s main goal is to achieve customer satisfaction and expansion of services. The management team seeks to utilize all ...

BUSINESS PLAN FOR ELECTRONIC MEDICAL RECORD

A good business plan should have a summary of what the project is to entail (Betkoski et al, 2000). The project is about electronic medical records (EMR) to be used in healthcare organizations or institutions. The EMR is a forefront of innovation in healthcare and is currently being mandated by the Affordable Healthcare Act. The establishment of healthcare institutions and organizations is on the rise. That has made healthcare to be a growing business. The success of the healthcare business will be based upon the ability to be affordable, ability to upgrade without making major components change and provide multiple layers of ...

Fixed Costs Details

Fixed costs refer to the costs that do not change with the unit of production. It is the cost that is required to pay even the business is stopped. These costs are the obligations of the owner of the business even at zero production level. The fixed costs of Cancer coach is provided in the table below.
The costs of the components are based on market research that is estimated costs of assets and expenses are collected from the market analysis. The high cost is allocated for equipment as it is the main thing required in the cancer center. ...

Introduction

Advocating Angels is an innovative business idea that provides access to patient navigators, patient advocates and medical billing advocates and other services that are helpful in overcoming many healthcare challenges. The primary aim of the business is to give quick response to the patients who need assistance and advice in any critical situation. The mission of this consulting business is to provide high-quality advocatory services to the patients who are facing variety of challenges regarding healthcare and medical facilities. Michael C. Emond, BSN, RN, and CEN are the owners of the business who have a combined experience of more ...

1. Company Background and Business Overview
Depuy has a rich and long history of innovation. In 1895, a 35-year-old chemist named Revra DePuy started a business to manufacture fiber splints customizable to fit patients. He started his operation in Warsaw, Indiana (DePuySynthes, 2016). Depuy is the first orthopedic manufacturing company in the world. Because of the success of DePuy, Warsaw has become the orthopedic capital of the world. DePuy was the first company to introduce mobile bearing knee system (LCS Knee System). DePuy was also the first company to introduce Porocoat, a biological fixation to bone without the use ...

A property management plan is a guideline used in the running of real estate to maximize productivity. Documented policies are crucial in the running of business (Blyth, 2009). This plan seeks to give an outlay of the management of rentals in the outskirts of Oregon. The property will be discussed in details, the financial aspect of the rental business will also be considered. The plan will provide a basis for running these units.

Property Description

The rental property is located in Eugene, Oregon. The rentals are located in Cobourg Hills residential area. This location makes the property prime because of the ...

Executive Summary

The idea of the business plan lies in the opening of a new location of the existing business, Panera Bread Corporation, in London, England. Due to the fact, that the company represents a famous member of bakery-café segment of fast food service industry in the U.S., there is a possibility for the business to grow globally and to enter European market.
The following business plan covers major topics that are of high importance for every business. First, it is important to define mission statement of the business, because mission and vision of the company define what a business is ...

Without any doubt, the level of competition in the food service industry is high. Ron Shaich, the chairman and CEO of Panera Bread on the territory of the United States and Canada, in his interview with Business Week Journal claimed that the point that Panera Bread has always oriented it operations on the long-term helped the company to overcome competition throughout the recession, which significantly increased the revenues and margins. In a current competitive environment, it is crucial to possess the competitive advantage. Shaich says that the launch of MyPanera (special application for customers that helps Panera to get ...

Company description

Technology Company provides web and software development software, mobile applications development services, and consultancy in information communications, technology. The Company is located in Houston, Texas, the United States. provides custom web designs, software, and IT solutions to different companies. The Company has established a longstanding reputation for its unique web content development capabilities, user-friendly software, and a diversity of experts that provide consultancy in information technology. The Company has its branches and franchises in different cities in the United States and other cities in the world. In the United States clients can access services in Seattle, Washington, ...

1.0 Executive Summary
The majority of transporting companies optimize their clients with competitive rates, shorter transport durations, protection of goods, and convenience delivery. Nelson Transport SA shares its objectives many of its competing transport with the aforementioned criteria. Nelson Transport SA specializes in the transport of letters and furniture throughout Switzerland, but currently letter courier is the dominant service. Nelson prefers to stay streamlined with courier and trucking as they find these realms more profitable and better potential for business growth in the transporting industry. Nelson is expanding its vehicular capacity to suit the needs of customer orders, ...

Recruitment and Selection Strategies Recommendations

Introduction
Every land has its own law the saying goes. In the same breadth, every organization has its own recruitment and selection procedures depending on its goals. For this limousine business, some of the important aspects that need to be considered include workforce requirements in the coming years, forecasted demographic changes, projected workforce needs and government stipulations regarding labor.

Organizational Description

The main objective of the business is to offer Limousine services to the people at considerable prices. The business would operate car hire for necessary functions, and it would be based at Austin, Taxes. Considering the annual budget, the ...

Abstract:

The paper is about the Waffel House project in Malaysia. All of the major headings under a marketing plan of an international nature have been discussed and an ideal timeline and budget has been provided.

International Marketing Strategy:

International Marketing Strategy can be defined as an overall strategy that would help the business gain targeted Return on Investment by paving ways for successfully dealing with the local and international business competitors, culture and market. An international marketing plan comes with all of the advertising opportunities, resources and time needed for giving a robust appearance of the new brand in the target region (Gr\"onroos, ...

Executive Summary

The current medical spa business in America is all that not intense in terms of competition. The continuously growing population needs more healthy or medical products since the greater number of the population cares about their health. Ideally, people are looking for ways to maintain their health as well as reducing weight in order to remain healthy. Wang's Chinese Medical Spa is a new business that will be located in every major city in all the states to deliver health or medical products as well as spa services to the consumers (SBA.gov, 2011). However, the organization shall prefer to be ...

- Executive Summary
The current business plan presents a business idea of a publishing company Galactica Publishing. The company is involved in production of electronic books of entertaining content. The company pursues the following goals: to grow social media presence, to become more user-friendly, to double website traffic, and to double revenue. The management of the company plans to use social media and other modern means of information and communication technologies to promote the products of the company. The detailed description of marketing the products of Galactica Publishing is proposed in the paper. At the present time, Galactica Publishing is a ...

Business Plan

- Introduction
A prime land for development is located on Manse Road in Kinross, Milnathort in Scotland in the United Kingdom. This land is approximately 12.90. Prime land in this location is hard to find. This is because the locality is serene and away from the hustle and bustle of the metropolis, hence an attraction for wealthy people. As such, the property rates are always high. Nonetheless, the availability of this land for development presents a very good opportunity for commercial ventures. This business plan details the visualization of the business idea to be executed on this prime piece ...

Business Plan Summary

Business Plan Summary

Executive Summary 3

Management Team 4
Competitive Analysis 5
The Marketing Plan 6
Operational Plan 6
Development Plan 7
Risk and Mitigation Factors 7
Financial Plan 7
Projected Income Statement 7
Projected Balance Sheet 8
Projected Cash Flow 9
Sensitivity Analysis and Mitigation Measures 9

References 11

The Children World Business Plan Summary
Executive Summary
Playing is a very important aspect of the general development of children because it helps them develop some of their talents that could not have been identified earlier. Playing also helps children develop their motor ...

Introduction

Within 50 miles of reach, the residents of Plainview city have no access to a cardiac treatment Centre. This means that the rate of people accessing the services of cardiac specialists in Plainview city is relatively low compared to other cities in Texas. The Plainview cardiac care is designed to offer a solution to the residents of the city and its environs by availing a cardiac care Centre close to the people. As much as the Plainview cardiac care will provide the ancillary services to the people, a marketing strategy is important in order to make people aware of the facility and the ...

BUSINESS PLAN

Executive Summary
Business Profile
KleenIt is a business enterprise that will be established to provide cleaning services to residential houses and small and medium size commercial premises. The business will be comprised of 15 stakeholders. Out of the total 15 stakeholders, three are the company’s founders, who will take the role of management and the rest will be employees who will do the actual cleaning services. There will be one store manager and twelve cleaning experts. All the employees of KleenIt are local residents and have been employed in the cleaning industry for a minimum period of three ...

With the ever increasing cost and demands of the health system in New Mexico, health providing institutions should devise a mechanism of combating these demands while providing reliable and affordable health services to its users. XYZ clinic is one such institution located in the North West Albuqueque Metropolitan area, in the New Mexico area. The clinic is instituting a proactive approach to deal with the volatile healthcare state.
XYC targets federal-funded patients as well as other groups and insurance plans. The Medicaid population is primarily made up of women and children below the poverty level. The clinic tries to serve ...

Introduction

There are a number of Software Development Life Cycle models that can be used in the creation of a successful end user software product for intended clienteles. Some of the methodologies entail the waterfall model, fountain model, spiral model, build and fix model, the rapid prototyping model, the incremental life cycle model, and synchronize and stabilize model. In this case scenario for the purposes of best expectant result, the waterfall model will be of great use and application. This is due to its ease of use and understandability.
The waterfall software development life cycle approach methodology is beneficial in that ...

Individual Assignment Part 3

Introduction
The financial planning in this assignment is based on the steakhouse business proposed in the market and feasibility study of the business plan. The business will be based in Ventura County Main Street location and will target young adults who are looking to dine-out while at the same time providing a relaxing atmosphere. Therefore, the business will be investing a lot on its infrastructure and information technology since it aims at establishing a long-term relationship with its customers through efficient service, quality food and customer relationship management.

Assumptions

In order to develop a financial plan for the business and project the financials, ...

Executive Summary

The practice of business managers initiating entrepreneurial ventures is fast being replaced by professionals setting up business ventures to tap into their skills; Equilibrium Holistic Wellness Clinic is one such business that is being initiated by three medical professionals. In addition to ability to meet clients’ needs flexibly and on demand, services provided by the clinic will be of high quality. The availability and accessibility of the premises will lead to a wider reach of those who desire efficiency and effective healthcare. Ownership will be by the three partners who will share on expenses while retaining individual customers. The goodwill ...

Executive Summary

Safe Haven, the Center of Independent Living for Elderly will be located in Nevada, MO (Missouri) with population of about 8,600 people. The Center of Independent Living for Elderly offers various services for elderly people including medical care, dietary control, coordinated physical and mental activity. The mission of Safe Haven is to provide excellent services at a reasonable price to serve the community retirees and people with disabilities. Our ideal customers are elderly people aged 65 and elder. Potential clients are people at the age from 55 to 64. We will have excellent opportunities to develop our business in ...

Business summary

Business Name: Quenchy Java Coffeehouse (QJC)
Location: Castle Towers; Middle level

Quenchy Java Coffeehouse (QJC) is a specialty retailer of beverage that it set to be established in the middle level of Castle towers. QJC incorporates a new system currently being used by the food and beverage industry to ensure that it is able to conveniently provide its customers with cold and hot beverages in a very time-efficient manner. To make the service even better, QJC provides the customers with an opportunity to move in to our premise and make a special order; from our very own Barista, a blended custom drink that ...