Virginia tech business plan competition

Young entrepreneurs from around the world gathered to compete and display their product concepts and business ideas to judges, investors, mentors, and other entrepreneurs during the TiE Young Entrepreneurs Global Summit at the Virginia Tech Research Center — Arlington. TiE Global is a nonprofit devoted to assisting entrepreneurs through education, mentorship, networking, funding, and incubation. The Executive Briefing Center at Virginia Techmanaged by Larissa LaCour, enabled students to highlight their innovations by using technology and creating a professional atmosphere.

Virginia tech business plan competition

Protect your community by starting a security business using a security guard business plan similar to this one to compile your own. Executive Summary Batten-Hatchez Security is a start-up security company founded by Chindit Batten, an experienced former police sergeant and security company manager.

Located in Coastalburg at its launch, the business will provide security guards, security audits, and referrals to equipment providers to commercial buildings, retail businesses, and, eventually special event venues and other clients.

The business seeks to acquire capital from an angel investor and will expand to additional cities in our state and beyond if successful. Free Business Plan Template Download In the current political climate, virginia tech business plan competition increasing fears of terrorist activity, and the current economic climate, which promises an upswing in general and in outsourced services especially, this business is launching at the right time.

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The business will target large retail stores and building management companies first in order to establish a strong base of clients in Coastalburg. Batten-Hatchez will grow its employee base of security guards carefully, based on client contracts, and use both full-time and part-time guards.

The business expects respectable sales of in the first year, almost doubling by the end of the third year. Gross margins will be similar to the industry average, based on guard labor costs vs.

How To Start A Business With Almost No Money After the initial investment and launch, a lean first year, and the establishment of an office and training space in the second year, the business will be poised to expand through its own financing after three years.

After the business is proved replicable in additional cities, the business may be sold to provide an exit for the initial investor and founders.

Objectives Batten-Hatchez Security will base its success on meeting the following objectives: Keys to Success Batten-Hatchez Security believes the keys to success in its industry include: Listening carefully to client concerns and objectives to create customized security guard packages Knowing what the client does not know bringing deep security expertise as well as knowledge of legal regulations and liability to the table Training security guards carefully and maintaining their training and certifications e.

Company Summary Batten-Hatchez Security is a startup security company founded by Chindit Batten, a former police sergeant and security company manager with fifteen years in law enforcement and ten years in security work. The business will provide security guards to commercial buildings, retail businesses, and special events.

virginia tech business plan competition

The business will launch in Coastalburg but will expand to additional cities if successful. The business is incorporated as an S Corporation to enable additional investment for its launch. Start-up Summary Batten-Hatchez Security will launch as a home-based business out of the home office of Chindit Batten.

Initially, this will reduce the cost of rent and equipment. Conducting a Business Plan Market Analysis Training for security guards will be provided in temporarily rented office space as needed.

Long-term assets include mobile phones and headsets for all guards and employees, as well as two-way radios for guards working as teams. Services Batten-Hatchez Security will provide well trained guards for one or more of the following purposes: Security audits and recommendations for security plans Referrals to providers of security technology camera systems, etc.

Batten-Hatchez will be a licensed, insured, and bonded business and will offer both armed and unarmed guards, based on client needs and budgets. All guards will be certified for security work and to carry firearms. Whenever possible, the same guards will be sent consistently to the same clients.

However, substitutes will be necessary from time to time and the business will ensure that detailed data about the job is transmitted to substitute guards on those occasions.Professional Services Photography Studio Sample Business Plan. Starting up your photography studio will need a proper business plan and this sample will provide the guidelines.

Virginia Tech's Wind Turbine Team WHY WIND Our team believes that renewable energy—specifically wind energy—is the future of providing households, businesses, and everything in between reliable and global energy. Prior to joining the faculty at Virginia Tech, Dr.

Townsend served as an Assistant Professor in the Jenkins Graduate School of Management at NC State University and the University of Oklahoma where he taught courses in entrepreneurship, global strategy, and technology management.

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virginia tech business plan competition

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