Amy Wan

Santa Clara, CA (USA)
Role(s):
Associate/Staff

Golden Ridge Gr

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Location: Santa Clara
Industry: Education
Year Founded: 2008
Number Employees: 1-10 people
Description: Golden Ridge Group (GRG) is a Santa Clara based company that designs, provides and markets a flexible and comprehensive range of educational products and services to address the needs of students, parents and other residents of USA and China. Education industry is one of the fastest growing business sectors of the economy, and Golden Ridge Group intends to capitalize on the success of this industry by taking advantage of education consulting and training opportunities in the USA and China. Mission Statement * Industry: The mission of Golden Ridge Group is to become the premier provider of education consulting and training for 8 to 25-year-old students, parents, employees and other people. GRG is dedicated to building long-term relationships with co-partners and direct customers through professional consulting, quality training and customer support, and wants to be recognized as the leading education consulting and training company in the west coast of USA and inland of China. * Customers: In addition, GRG is to inspire American and Chinese students to expand their horizons through new studying opportunities for their future. By empowering students to understand the commons and differences between USA and China, which are the two biggest and most important countries in the world, and develop a global vision encompassing both oriental and western values and modern thinking, the company is committed to be an educational and cultural bridge linking the East and West, today and future. * Investors: The company's financial goal is to grow steadily, becoming profitable by the second year of operations. Summary of Products and Services With much experience in education, training and tourism fields, Golden Ridge Group offers expertise in its products and services in various ways that allow clients to choose their preferred benefits. Our widely spanned educational programs and services include: Study Abroad Consulting,; Summer/Winter Camp; Teaching in China; CGFNS (nurse) Test Preparation. All these products and services share a common goal: product flexibility, excellent performance and reasonable price. Current and future products and services encompass proprietary designs and services that yield substantial benefits over competitive products as follows: * Professional Qualification --- Key team members’ USA and Chinese background, past successful trials, company’s American background and experience of studying, working and living in USA and China, co-partner network in the USA and China are subject to professional qualification standard. * Flexibility --- Already products, self-design study plans/camp schedules or different stage services can meet different co-partners and direct customers' needs. * Price/Performance --- Significant saving to end users through the state of excellent performance at highly competitive price-performance ratio. * Completed Production Services --- Offering all-inclusive field support solution and well-production optimization and enhancement to keep current co-partners and direct customers and attract more. Market As fast growing of Chinese economy, economic and financial revolution in USA and burden of job market in these two countries, the demand of education consulting and training products and services become more and more evident. Golden Ridge Group is focused on West Coast in USA and inland of China. For example, by the year 2009, the value of Chinese education industry market is estimated at $2.7 billion. And according to the statistics of Chinese Education Department, there will have around 200,000 people planning to study abroad in 2010 and will increase by 45% each year in the next decade. And 6,000,000 people plan to enroll different kinds of training programs. Meanwhile, the amount of American and Chinese population indicates that there is a huge potential market in education consulting and training industry. For example, our future office location, Chengdu, has 2 million students. Financial Our objectives are to make the company stable, continuous and healthy in operation, expansion and development. At the same time, the company plans to serve the communities, families and individuals in the USA and China and make fair profit in the B2B and B2C education consulting and training market. Golden Ridge Group started making trials since 06-2008 with its focus on education consulting and training in USA and China. From last year, the company has successfully made several free trials of original $21,500 profit on sales of $ 80,000. The company expects that by concentrating full-time on providing education consulting and training in the USA and China, clients will increase from at least 365 in the first year, 745 in the second year and 1250 in the third year. To help achieve this growth, the management team members plan to continue cooperating with current 10 co-partners and identified more co-partners and have begun negotiations with them. The company will have profits in the second year with $105,394 and will dramatically increase to nearly $323,293 by the third year. This goal is to be reached by attaining the numbers presented in the Sales Forecast and Financial Plan topics: · Need $381,949 for the star-up cost and the first year's expenses · Average 22% cash-to-cash profit return · Develop franchise system and IPO in Chinese stock market in long-term period