Submit Your Instructor-Approved APA Business Plan
Submit Your Instructor Approved Apa Formatted Business Plan Your Pap
Submit your instructor approved, APA formatted business plan. Your paper is expected to be your own work and originally written for this course in its entirety. Review the detailed Partial Business Plan requirements found in the Course Specific Information module in the section titled Partial Business Plan. Partial Business Plan Requirements (PDF) For Legal Form of Business, view the MGMT 390 Entity Comparison (PDF) and review the following chapters in our textbook: Chapter 23: Sole Proprietorships, Partnerships, and Limited Liability Companies Chapter 24: Corporate Formation, Financing, and Termination IMPORTANT: This paper will automatically be evaluated through Turnitin, (Links to an external site.) a service that checks your work for improper citation or potential plagiarism by comparing it against a database of web pages, student papers, and articles from academic books and publications. Ensure that your work is entirely your own and that you have not plagiarized any material. the following is the approved business plan. start an agency were we help veterans getting out of there time in service set up with a similar job on the outside. Pilots, mechanics, and many other jobs in the airline industry getting set up with interviews so that they have a job on there way out of the service.
Paper For Above instruction
The objective of this business plan is to establish a veteran transition agency aimed at assisting service members in securing employment within the airline industry upon their departure from active duty. The agency's primary mission is to facilitate seamless career transitions for veterans such as pilots, mechanics, and other specialized airline personnel by providing tailored job placement services, interview preparation, and networking opportunities.
Legal and Operational Structure
The proposed business will operate as a Limited Liability Company (LLC), leveraging its flexibility and liability protection benefits. The LLC structure aligns with the requirements outlined in Chapter 24 of the textbook, which discusses corporate formation, financing, and termination. By establishing as an LLC, the agency can attract investment while limiting personal liability for the owners.
Market Need and Industry Analysis
The airline industry is experiencing a significant workforce shortage, especially in skilled positions like pilots and aircraft mechanics. According to industry reports (Boeing, 2020), the demand for new airline personnel is projected to increase over the next decade, driven by retirements and industry growth. Military veterans possess a unique skill set, including discipline, technical expertise, and familiarity with aviation operations, making them ideal candidates for transitioning into airline careers (Davis, 2021).
Services Offered
The agency will provide a comprehensive suite of services designed to prepare veterans for employment opportunities in the airline industry:
- Resume and interview coaching tailored to airline industry standards
- Networking assistance with airline recruiters and industry contacts
- Job placement coordination with partner airlines and maintenance companies
- Certification and licensing guidance to ensure compliance with industry requirements
- Ongoing employment support and mentorship post-placement
Marketing and Outreach Strategy
To reach Veteran clients, the agency will collaborate with military transition offices, veteran service organizations, and aviation training academies. Marketing efforts will include targeted social media campaigns, informational seminars, and participation in veteran employment fairs. Building partnerships with airline companies will be crucial to facilitate direct job pipelines.
Financial Plan and Funding
Initial funding will be sought through veteran-focused grants, small business loans, and private investors committed to veteran employment initiatives. The revenue model will primarily consist of placement fees from airline clients, sponsorships, and government contracts. The financial plan projects break-even within the first two years, with profitability expected as placement volume increases.
Conclusion
This veteran transition agency fills a critical gap by aligning the skills of military aviation personnel with the hiring needs of the airline industry. By offering specialized services and fostering industry partnerships, the agency aims to streamline the employment process for veterans, benefiting both the workforce and the airline sector. Strategic planning, industry understanding, and a commitment to veteran success will underpin the agency's growth and sustainability.
References
- Boeing. (2020). Pilot and technician outlook 2020-2039. Boeing Commercial Market Outlook.
- Davis, R. (2021). Military veterans transitioning into civilian aviation careers. Journal of Veteran Studies, 12(3), 45-60.
- Federal Aviation Administration. (2022). Certification requirements for airline personnel. FAA Regulations.
- Small Business Administration. (2023). Business structure and formation: LLCs. SBA Guidelines.
- U.S. Department of Labor. (2022). Veteran employment services overview. DOL Reports.
- Smith, J. (2020). The skills gap in the airline industry. Aviation Industry Review, 34(2), 15-22.
- National Veteran Business Development Council. (2023). Supporting veteran entrepreneurs and employment initiatives.
- Miller, K. (2019). Workforce development and veteran employment programs. Journal of Business & Economics, 58(4), 80-95.
- American Airlines. (2022). Veteran recruitment and career development initiatives. Corporate Reports.
- International Air Transport Association. (2021). Industry employment trends and forecasts. IATA Reports.