The Bertrand Education Group
Marc is scaling up effectively to grow his business through innovation + leadership!
Overview
Raised: $0
Total Commitments ($USD)
Platform
Honeycomb
Start Date
09/13/2023
Close Date
11/09/2023
Min. Goal
$60,000
Max. Goal
$124,000
Min. Investment
$0
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Interest Rate
11.75%
Term Length
3.0 years
Year Founded
2020
Industry
Education, Training, & Coaching
Tech Sector
Non-Tech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
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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Raise History
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| The Bertrand Education Group | 11/09/2023 | Honeycomb | - | $0 | Debt | Not Funded | RegCF |
No prior online funding rounds.
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