The reason for this business plan is to raise $100,000 for the development of a paralegal facility while outlining the probable financials and procedures over the next three years. Reid Paralegal Service, Corp. (“the Company”) is a Milton, Ontario based company that will offer research of legal documents to persons and the courts in its besieged market. The Company was established by Isabelle Reid. 1.1 Services The principal revenue focus will come from manufacturing papers to individuals throughout the Halton area. The business will be suitably licensed under the Law Society of Canada to harvest these documents. The third section of the business plan will further define the services offered by Reid Paralegal Service, Corp. 1.2 Financing Miss. …show more content…
• Financing for the first six months of action. • Capital to obtain a firm automobile. Miss. Reid will contribute $10,000 to the undertaking. 1.3 Mission Statement Reid Paralegal Service, Corp’s mission is to develop the business and become an acknowledged front-runner in its targeted market for paralegal services. 1.4 Management Team The Company was established by Isabelle Reid. Miss. Reid has 2 years of involvement and experience in the paralegal and legal support trade. With her knowledge, skill, and expertise, she will be able to bring the actions of the business to success within its first year of operations. 1.5 Sales Forecasts Miss. Reid antedates a robust rate of progression at the start of operations. Below are the expected financials over the next three years. Proforma Profit and Loss (Yearly) Year 1 2 3 Sales $407,778 $440,400 …show more content…
will offer a considerable amount of certification directly to individuals and lawyers/paralegals that have continuing paralegal needs. In regards to working with lawyers, the business will focus on working with smaller firms that do not hire paralegals in-house. Reid Paralegal Service, Corp. will focus mainly on agriculture, food production, and environmental law. Miss. Reid will also focus on issues covering: regulatory compliance, provincial offence/criminal defence, administration, family law, corporate/commercial law, and litigation on behalf of farmers and agricultural business workers across Halton. Reid Paralegal, formed as a Sole Proprietor, is a new company operating in the Paralegal and Related Occupations sector. “This occupation is part of a larger occupational group called Paralegals, Social Services Workers and Occupations in Education and Religion (NOC 421).” "Paralegal Frequently Asked Questions." Paralegal Frequently Asked Questions. Web. 1 Dec. 2015. “All Other Legal Services industry. The company's NAICS code is 541199. Reid Paralegal Service, Corp. operates primarily as a service provider.” "Paralegal Frequently Asked Questions." Paralegal Frequently Asked Questions. Web. 1 Dec. 2015. The Company Is Owned