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Business Plan. Service Disabled Veteran Owned Small Business. Mission Statement.
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Business Plan Service Disabled Veteran Owned Small Business
Mission Statement The Nance Group, LLCforms a partnership with local communities to ensure access to sustainable infrastructure and technology that promotes economic development. Our mission is to provide expert services to improve the quality of life for humanity through: • assisting local communities in combating poverty through economic development and environmental stewardship; • providing expertise at the strategic and local level in engineering and environmental management; • assisting local leaders in planning for the future to support growth and development; • serving as a reputable recruiting firm matching skills with needs in a global economy.
The Team • Cecil V. Nance – President/CEO
The Team • Brij Koolwal – Partner Nance Systems Solutions, LLC – Rockville, MD • American Work Adventures - Partnership • Au Pair Foundation - Partnership • Affiliates • Tommy Hunter– (RTD Associates, P.A.) • Chris Gilbert & Nick Patel – (C2A, PLLC)
Market Summary • 35 years of combined experience Federal, DoD, International With over 30 years of experience in private sectors and the United States Department of Defense, principal members of The Nance Group, LLC have proven track record with the United States Department of State, USAID, the Moldovan Ministries of Defense, International Relations, Finance, Education, Commerce and Customs. Principal members bring over 15 years of direct experience in Moldovan construction, engineering, contracting and general business practices offering a comparative advantage globally and a competitive advantage locally.
Market Summary • Service Disable Veteran Owned Small Business • Global Federal Set Aside Contracts • Veterans Administration • World Bank Funding to Developing Countries • USAID • USTDA • Eastern Europe • Moldova US Embassy black listed 12 of 15 competitors • Only US Small Business Firm operating in Moldova
Opportunities • DoD and Federal Agencies failed to meet goals in utilizing Service Disable Veteran Owned Businesses • Potential Set Aside Contracts • Developing Countries seeking US Aid • US Standards for Design and Construction • US Construction and Project Management • (Per discussion Russian Federation in Dec 2007) • Shrinking US Work Force • Access to International Human Resources • Experence in J-1 and H series Visa program
Business Concept • Technology Centered Engineering and Design • Computer Aided Design (CAD) • Computer Aided Facility Management (CAFM) • Geographic Information Systems (GIS) • Transformational Solution Provider in the Global Digital Economy • Enterprise Infrastructure Support • Information Assurance and Security • Enterprise Architecture and Governance
Competition • Architectural Services • NAICS 54310 (38 registered SBA) • Engineering Services (Civil, Mechanical, Electrical) • NAICS 54330 (17 registered SBA) • Geophysical Surveying and Mapping Services • NAICS 541360 (23 registered SBA) • Drafting Services • NAICS 541330 (31 registered SBA)
Summary • Limited Competition • 1 of 4 SDVOSB Architectural Firms in NC • 1 of 7 SDVOSB Engineering Firms in South East • Only SDVOSB CAD Drafting Firm in the South East
Competitive advantage • Technology Each member of the group possesses advanced skills in master planning and turn-key project management. The firm brings technical expertise in computer assisted design (CAD), computer aided facilities management (CAFM) and geographical information systems (GIS) that provide leading edge technology over firms currently operating in the international market. • ProjectDox® • The Bluebook® • Autodesk® Products and Services
Goals and Objectives • Five-year goals. • Open Offices: • North Carolina (2004) • California (Partnership- Feb 2008) • Moldova (March 2008) • Washington D.C. area (May 2008) • Wisconsin (Mid-West) (Summer 2008) • Open 2 Design Centers of Excellence • Debt Free Company
Goals and Objectives cont. • Objectives (cont.) • Sole Source provider of A & E services for • U.S. Army Corp of Engineers • Naval Facilities Command • Veterans Administration • Staff and Operate Eastern European Office • Revenue/profitability objectives. • $4.5 Million gross revenue • Debt Free by 1 January 2009
Risks and Rewards • Over commitment of resources • Affects Performance • Accept only Projects with Guaranteed Completion • Conduct Risk/Benefit analysis on all projects • ADD VALUE TO BEING DISABLED • VA Check is not worth the disability
Key Issues • Near term • Finalize Partnership Agreements. • Postponement = Extends resources beyond capabilities. • Long term • Funding for expansion. • Postponement = Stalemate or No Growth • Funding required for: • Real Property (Office and equipment) • Hiring Chief Operations Officer
Steps to success • Business Plan • Small Business Administration • NC Small Business & Technology Development Center • Friends who own private businesses • Financing: $20,000 plus • Strategic Partnerships • Mentoring Program • Revisit Business Plan
Questions? • WHAT CAN WE DO TO HELP YOU? Service Disabled Veteran Owned Small Business