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Tweet The Office Squad
Investment Range: $46,000 - $60,000
Training & Support: YesFinancing Available: Yes
Business OverviewTheOfficeSquad® is a woman/veteran-owned Nevada company that provides businesses of all sizes, entrepreneurs, and associations with complete back office support, full charge bookkeeping, office management and marketing. We are not a staffing agency or temp service. We are the office and the staff for our clients. The term "Virtual Assistant" was coined in the early 1990's but part time administrative contractors and bookkeepers have been around for ages; they've just been known by a different name. Ever heard of a Gal Friday?
Services - We provide both virtual services throughout the U.S. and local service to the Las Vegas area. Unlike other Virtual Assistants who provide only part time and limited services, TheOfficeSquad® provides all the administrative support, bookkeeping, payroll and much more; in one location.
What makes us different? The business model is fashioned after the systems and procedures
of the U.S. Military. Our staff is uniformed, professionally trained and managed. There are checks and balances; as well as a guarantee on our performance. In addition, we have a customized virtual desktop platform that greatly increases the efficiency of data sharing, management, communications and profit. Cloud computing with office staff!Market Size- We have found that there are three groups which utilize virtual or contract administrative support and bookkeeping services:
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Small business enterprises which have not yet attained the size requiring full-time support staff.
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Associations and groups with needs not handled by volunteers.
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Start-up businesses that need assistance setting up their business and books.
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Larger Organizations that do not have the bandwidth or need for an in-house staff.
Market Needs - Historically, small business owners turn to bookkeepers and administrative support that are untrained and unreliable resulting in loss of revenue, time, mistrust and frustration. We believe it’s time a standard was developed in the industry and TheOfficeSquad® is poised to set that standard. Economic downturns lead to a boom in new business creation. Dislocated employees start their own business and downsizing companies outsource non-core functions.
Recurring Revenue - The initial introduction to the client’s challenges, and organizing the current chaos; creates significant project-related revenue for The Office Squad. Once the necessary systems are in place, TheOfficeSquad® generates recurring revenue by providing monthly maintenance. As we get faster at performing the duties, profit grows.Industry - The VA industry is generally populated by small private enterprises, thus little data is available on company progress or financials. The companies involved tend to be individuals offering services on a part-time basis from their homes or temporary staffing agencies contracted only to provide a body, not to take responsibility for delivering results. New companies are emerging that contract work to overseas providers; client information is sent to lower cost countries to perform the services. We feel this presents a huge risk to the business owners due to limited accountability safeguards, and our local management will become a great asset. What we offer is peace of mind to our clients and a brand they can trust will manage their office needs effectively and efficiently.
Financial - TheOfficeSquad® is positioned in the market as a medium risk concern with steady cash flows. Sales are paid in advance on a monthly reoccurring basis giving TheOfficeSquad® an excellent cash structure. The franchise model for The Office Squad will offer franchisees a stable and consistent business model with a very wide market for possible clients.
Growth Strategies - The Office Squad will be growing through the following mediums:
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Franchise growth by replicating the concept in markets throughout the U.S. with strong operating partners who share the vision for the organization.
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Strategic partnerships with larger organizations that can support and supplement the growth.
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National Accounts and relationships with vendor partners.
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A commitment to the development of The Office Squad brand and the consistency of service.
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