GlobeSpan Meeting Planners, Inc., (GlobeSpan), will be a company that specializes in representing meeting planners from all industries. The founders have more than 17 years’ experience in the hospitality sector working with both domestic as international meeting planners. GlobeSpan will enable the founders of GlobeSpan to use their experience with meeting planners and work with resorts and hotels around the world.

GlobeSpan Meeting Planners is partnering with HelmsBriscoe. This partnership will place a full-service operational division at GlobeSpan&#8217’s disposal.

1.1 Mission

GlobeSpan Meeting Planners has the goal of being the top-producing member of the HelmsBriscoe conference planning alliance and providing high quality services to our clients. GlobeSpan provides a complete service, which includes site search, rate negotiation, and event management. GlobeSpan will be compensated by the hotels/resorts, and by the complete event planning/airline/cruise assistance offered by HelmsBriscoe’s Resource One at the rate of six percent of gross revenues generated, paid in commission. GlobeSpan offers a valuable and easy alternative to its clients as well as a flexible working environment with fair compensation for its founders.

1.2 Keys to Success

For success, we must achieve four key elements.

1. Continuous and diligent prospecting for clients.

2. Provide reliable, efficient, and economical site searches to only those hotels/resorts that best suit the clients’ needs.

3. Maximizing revenue potential by offering all commission-based services provided by HelmsBriscoe’s Resource One, turning a program which would have been commission on hotel rooms only revenue into commission on complete program revenue (air, production/audiovisual, program planning).

4. The unique knowledge and experience of both owners can be used to increase the value for your client.

1.3 Objectives

1. To book a gross commission of $30,000 before December 31, Year 1.

2. Book a gross sales commission in excess of $120,000 by December 31st, Year 2.

3. To book a gross sale commission of $284,000 before December 31, Year 3.

4. To repay the $50,000 small business loan completely by July 1, year 4.