Process Server Business Plan, Marketing Plan, How To Guide, and Funding Directory
The Process Server Business Plan and Business Development toolkit features 18 different documents that you can use for capital raising or general business planning purposes. Our product line also features comprehensive information regarding to how to start a Process Server business. All business planning packages come with easy-to-use instructions so that you can reduce the time needed to create a professional business plan and presentation.
Your Business Planning Package will be immediately emailed to you after you make your purchase.
Product Specifications (please see images below):
- Bank/Investor Ready
- Complete Industry Research for the Industry
- 3 Year Excel Financial Model
- Business Plan (26 to 30 pages)
- Marketing Plan (24 to 28 pages)
- 425+ Page Funding Directory
- PowerPoint Presentation
- Loan Amortization and ROI Tools
- Three SWOT Analysis Templates
- How to Start a Business Guide
- Easy to Use Instructions
- All Documents Delivered in Word, Excel, and PowerPoint Format
- Meets SBA Requirements
Process servers are engaged in a highly important function as it relates to legal process. These individuals serve individuals with subpoenas, as well as other court papers that need to be handed directly to a person in order for due process to be achieved. These businesses are employed not only by municipal court agencies but also among law firms as well. As such, these businesses are completely immune from negative changes in the economy. Legal action is always going to take place, and as such – the demand for process servers will remain strong in any economic climate.
These businesses are able to generate very high gross margins from their services which typically range anywhere from 90% to 95% depending on whether or not credit cards are accepted for engaging in a process serving engagement. The startup costs associated with these businesses is relatively low given the fact that an individual with a car and a surety bond is all that is needed in order to carry out these services. Prior to launching this type of business, a qualified attorney should be hired in order to ensure that the process serving business is operating within the letter of the law at all times. There are many state rules that guide the actions of process servers. The startup costs associated with these businesses typically ranges anywhere from $10,000-$50,000 depending on the number of licensed process servers that will be hired at the onset of operations.
A process server SWOT analysis should be produced in conjunction with the business plan and a marketing plan. As it relates to strengths, process servers are able to generate strong gross margins from their services and these companies can be highly lucrative if they deal in a substantial amount of volume. The her serving service to the generates $25 to $200 for the business. In any given market, the number of process servers is typically moderate.
For weaknesses, the fees associated with rendering this type of service are relatively low and many process servers also operate in a notary capacity in order to boost their revenues. The operating costs can be somewhat high given the fact that process servers need to render paperwork face-to-face to individuals and there is a substantial automotive expense. During times of energy spikes especially in the cost of oil – the profitability of a process serving business can decline slightly.
There are a number of opportunities that are available for process servers which primarily involves hiring additional agents that can work on the half of the company. Secondary offices can also be established in areas outside the company’s initial target market. This is primarily the way that these companies grow on an ongoing basis.
For threats, there is a risk that a process server operates outside of how the law allows them to and this can create somewhat of a legal liability for the business. However, there are a number of protections that are available in most states if the process server operated in good faith and was carrying out instructions of the court. As such, this is really the only threat faced by the business outside of any competitive issues within any local or regional market.
A process server business plan should be developed if the entrepreneur is seeking capital from a financial institution. Given that really only a call and some working capital is needed in order launches businesses, most banks are willing to provide a working capital one credit in order to commence revenue-generating operations. This business plan should feature your profit and loss statement, cash analysis, balance sheet, breakeven analysis, and business ratios page. Most importantly, a full demographic analysis showcasing the number of law firms within the target market should be included as well given that these are primarily going to be the clients business. Special relationships should be developed with the divorce attorneys who are required to frequently serve papers to spouses that are divorcing. An examination of the number municipal agencies that outsource the process serving operations should also be discussed as well.
A process server marketing plan also needs to be developed. For most, most of the ways that these businesses are able to reach profitability very quickly is by establishing ongoing relationships with third-party law firms within the target market. Flyers, mailers, and cold calling are often ways of these businesses are able to immediately generate a client base from the onset of operations. An interactive website showcasing the operations of the business can also be developed so that individuals can quickly find the business if they have to serve papers. Again, it is mostly attorneys use the service of a process server and as such the marketing campaigns that are geared towards the general public are typically going to a minimal. However, if the process servers going to be providing notary services to the general public that it may be in their best interest to maintain a modest size presence on the Internet as well as on social media. The vast majority of process serving businesses do not maintain profiles on popular social media platforms, but given the very low cost associated with this type of marketing can provide a slight boost of visibility. This is especially true if the process server markets on communities that are geared towards the legal profession.
Although e-commerce, email, and number of forms of electronic communication that exists – the law states that in many cases papers that deal with court orders as well as legal action must be served in person. As such, the risk related automation is very limited for this business given the fact that a face-to-face interaction is required. It is not expected that any major changes in law will occur as it relates to certain legal issues requiring that papers are served directly by a human being. As such, these businesses can be extremely lucrative for an owner operator that has an understanding of the local legal community, is able to properly develop ongoing relationships with independent attorneys and law firms, and has an understanding of how to properly manage expenses and a small staff of individuals. These businesses have a very strong outlook as it relates to the growth of the industry moving forward.