The Bertrand Education Group
Marc is scaling up effectively to grow his business through innovation + leadership!
Overview
Raised: $250
Total Commitments ($USD)
Platform
Honeycomb
Start Date
09/13/2023
Close Date
10/13/2023
Min. Goal
$60,000
Max. Goal
$124,000
Min. Investment
$0
Security Type
Debt
SEC Filing Type
RegCF
Interest Rate
11.75%
Rolling Commitments ($USD)
Status
Active
Reporting Date
09/30/2023
Days Remaining
13
% of Min. Goal
0%
% of Max. Goal
0%
Likelihood of Max
Avg. Daily Raise
$15
# of Investors
1
Momentum
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Year Founded
2020
Industry
Tech Sector
Location
New York, New York
The Bertrand Education Group is raising funds on Honeycomb Credit. The company is a Professional, Scientific, and Technical Services enterprise that offers organizational development, clinical evaluations, and business solutions. Their certified leadership personnel provide executive guidance to Academic, Government, and Healthcare Institutions among the Nonprofit Sector, and with a Global Network of over 2,000 members, they assist leaders with a Total Quality Management Operational System (TQMOS) to enhance product quality and processes. In 2020, Marc Bertrand was recognized as a Global Community Innovator Awards recipient, and The Bertrand Education Group has influenced institutions like the Atlas Foundation for Autism. The specific founder's name is Dr. Marc Bertrand, but the founding year was not provided. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $124,000. The campaign proceeds will be used for refinancing and consolidating high-interest start-up debt to improve cash-flow and the business's overall financial health.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$1,875 |
$5,000 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-14,385 |
$-11,723 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$117,453 |
$0 |
|
Accounts Receivable |
$436,000 |
$0 |
|
Total Assets |
$1,845,468 |
$0 |
|
Short-Term Debt |
$121,670 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$121,670 |
$0 |
Financials as of: 09/13/2023
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