Online Services Business Plan
Web Applications is an innovative start-up company that provides Web-based business management solutions. Web Applications has developed an Internet-based application called Online Office Manager, for which a patent is pending. Online Office Manager allows individuals and businesses to stay in touch, even if they are located in different places. Online Office Manager uses applications to replace the physical office. With Online Office Manager, your office moves with you at all times, and you have 24-hour access to it. Users can get Online Office Manager by subscribing to our server on the Internet.
As with any start-up company, Web Applications recognizes its risks. Web Applications is still new and will need to get accepted by the market. To that end, the company is working to determine trends in the industry, the needs of the customer, and how best to address the needs of the customer.
We are confident that we will be a profitable company in computer applications software. The software industry has been one the fastest growing segments of computers. According to International Data Corporation’s estimates, which were based in Framingham, Massachusetts, and up 15% over the year prior, worldwide software market revenues reached $122 Billion two years ago. Revenues continued to show robust growth last year. IDC projects revenues to grow at a compound annual rate in excess of 12% over the next few years and surpass $220 billion within three years.
The company is seeking modest start-up investments. The company projects a 10-fold revenue growth for year 1. Web Applications expects to achieve profitability within six months of beginning operations.
1.1 Mission
Web Applications is a company whose mission it is to offer an online office that links workers at different locations to the mother company.