Scope of the Report:
Real Estate Owners, Developers, and Contractors Research and Development Companies Schools High Schools, Colleges and Universities Hotels Entrepreneurs and Start — Ups Our Competitive Advantage Surviving in the business world as an IT consulting firm requires more than, your expertise, knowing how to conduct your business but also how to network with key people that matters; decision makers that can decide who will get a contract or a business deal.
We are quite aware that to be highly competitive in the IT consulting industry means that you are not only expected to be able to deliver consistent and excellent services, but you must be result driven and able to meet set targets.
Our competitive advantage lies in the power of our team; our workforce. We have a team of creative, result driven and highly proficient IT experts, a team with excellent qualifications and experience various niche areas in the IT Consulting industry and other related industry. Aside from the synergy that exists in our carefully selected IT experts, our services will be measurable, result driven and guided by best practices in the industry.
Lastly, all our employees will be well taken care of, and their welfare package will be among the best within our category startups IT consulting firms in the United States in the industry. It will enable them to be more than willing to build the business with us and help deliver our set goals and achieve all our business aims and objectives.
Our sales and marketing team will be recruited base on their vast experience in the industry and they will be trained on a regular basis so as to be well equipped to meet their targets and the overall goal of the organization.
We will also ensure that our excellent job deliveries speaks for us in the market place; we want to build a standard IT consulting business that will leverage on word of mouth advertisement from satisfied clients both individuals and organizations.
Our goal is to grow our IT consulting firm to become one of the top 20 IT consulting firms in the United States of America which is why we have mapped out strategy that will help us take advantage of the available market and grow to become a major force to reckon with not only in the United States but in the world stage as well.
Promptness in bidding for IT consulting contracts from the government and other cooperate organizations Advertise our business in relevant business magazines, newspapers, TV stations, and radio station.
We have been able to critically examine the IT consulting market space and we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. The sales projection is based on information gathered on the field and some assumptions that are peculiar to similar startups in New York City — New York.
Please note that the above projection might be lower and at the same time it might be higher. Our Pricing Strategy Hourly billing for IT consulting services is a long — time tradition in the industry.
However, for some types of IT consultancy services, flat fees make more sense because they allow clients to better predict consultancy costs. In addition, we will also offer special discounted rates to start — ups, nonprofits, cooperatives, and small social enterprises.
So also, there are some one — off jobs or government contracts which are always lucrative, we will ensure that we abide by the pricing model that is expected from contractors or organizations that bid for such contracts.
Here are the payment options that we will make available to our clients; Payment by via bank transfer Payment via online bank transfer Payment via check Payment via mobile money Payment with cash In view of the above, we have chosen banking platforms that will help us achieve our plans with little or no itches.
IT Consulting Firm Business Plan — Publicity and Advertising Strategy We have been able to work with our in house brand and publicity consultants to help us map out publicity and advertising strategies that will help us walk our way into the heart of our target market. We are set to become the number one choice for both corporate clients and individual clients in the whole of the United States and beyond which is why we have made provisions for effective publicity and advertisement of our IT consulting firm.
Ensure that all our staff members wear our branded shirts and all our vehicles are well branded with our company logo et al. IT Consulting Firm Business Plan — Financial Projections and Costing In setting up any business, the amount or cost will depend on the approach and scale you want to undertake.
If you intend to go big by renting a place, then you would need a good amount of capital as you would need to ensure that your employees are well taken care of, and that your facility is conducive enough for workers to be creative and productive.
This means that the start-up can either be low or high depending on your goals, vision and aspirations for your business. The materials and equipment that will be used are nearly the same cost everywhere, and any difference in prices would be minimal and can be overlooked.
As for the detailed cost analysis for starting an IT consulting firm; it might differ in other countries due to the value of their money. Starting an IT consulting firm can be cost effective; this is so because on the average, you are not expected to acquire expensive machines and equipment. Basically what you should be concerned about is the amount needed to secure a standard office facility in a good and busy business district, the amount needed to furniture and equip the office, the amount needed to pay bills, promote the business and obtain the appropriate business license and certifications.
Rendell Downey and family. He will be the sole financial of the firm, but may likely welcome partners later which is why he has decided to restrict the sourcing of his start — up capital to 3 major sources.
These are the areas we intend generating our start — up capital; Generate part of the start — up capital from personal savings Source for soft loans from family members and friends Apply for loan from my Bank N.
All the papers and document has been duly signed and submitted, the loan has been approved and any moment from now our account will be credited.
Sustainability and Expansion Strategy The future of a business lies in the numbers of loyal customers that they have the capacity and competence of the employees, their investment strategy and the business structure. We know that one of the ways of gaining approval and winning customers over is to offer our IT consulting services and other related IT advisory and consulting services a little bit cheaper than what is obtainable in the market and we are well prepared to survive on lower profit margin for a while.
As a matter of fact, profit-sharing arrangement will be made available to all our management staff and it will be based on their performance for a period of three years or more as determined by the board of the organization.
We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams. Completed Opening Online Payment Platforms: In Progress Application for business license and permit: Completed Purchase of All form of Insurance and software apps for the Business: Completed Securing and renovated a standard office facility: In Progress Conducting Feasibility Studies: Completed Generating part of the start — up capital from the founder: Completed Applications for Loan from our Bankers: In Progress Writing of Business Plan:4 days ago · Our business plan is to become an integrated provider of Software as a Service (SaaS) applications, Stock Transfer Analytics (“STA”) software application and consulting.
4 days ago · Our business plan is to become an integrated provider of Software as a Service (SaaS) applications, Stock Transfer Analytics (“STA”) software application and consulting. This report focuses on the Healthcare IT Consulting in Global market, especially in United States, China, South Korea, United Kingdom, Southeast Asia and India. Sep 18, · Ms. MacLean has more than 20 years experience leading Finance teams in a variety of industries in both the United States and the United Kingdom. at Progressive .
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This market research report provides information about Consulting, Company Reports (Business Services), Business & Government industry. It covers USA regional market data and forecasts.