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Business plan for an it company
Business plan of Software Resellers Incorporated
Executive Summary
Software Resellers Incorporated will be a marketing affiliate of several Software manufacturers and this business plan will review their sales strategy. The team of SRI (Software Resellers Incorporated) conveyed a survey amongst over 5000 medium-sized companies and franchises, and plan to market directly to those companies who have expressed interest in these software solutions. SRI's team leaders have years of experience in dealing with corporate decision makers, and together with the fact that they will be promoting a product that essentially "sells itself", these factors will play a key role in their success.
Objectives
SRI's objectives are:
- To achieve a sales turnover of over 2 million rand in the first year.
- To excel in after-sales service and support.
- To become the preferred reseller of software in Johannesburg.
- To expand to other major cities in South Africa within 3 years of start-up.
Mission
To ensure that every employee at SRI is knowlegeable on the product they promote, and that they are experts in their respective fields. A good product will only be able to sell if the client is informed about the functionality and attributes of it. SRI will strive to be industry leaders in the reseller field, by promoting excellent service and after sales support.
Keys to Success
The keys to SRI's success will be:
- Promoting good quality software that essentially sell themselves
- SRI's experience in dealing with decision makers in the corporate world.
- Supplying after sales support and thereby forming long term relationships with companies.
Company Summary
SRI's promotes third party software and offer an after sales support package. They have identified several companies that have expressed an interest in these software products through a survey conducted by their representatives, and SRI plans to market directly to these companies.
Start-up Summary
SRI recognises the importance of doing market research, and hopes to reap the rewards of their market survey which included over 5000 Johannesburg based companies and franchises. The company's start-up costs includes an installment on the survey loan, rent, phone calls, travelling expenses and business cards, and come to R25,000.00
Company Locations and Facilities
SRI will start their operations in the home office of John Smith, the co-owner and CEO. This is mainly because most of the client meetings and appointments will be scheduled at the client's offices, since SRI will heavily focus on direct marketing to promote their products. The fact that the home office is close to several of the potential clients' offices is an added bonus.
Products and Services
SRI will not only promote the software packages, but also provide support and after sales service to the companies that bought the software through them. They will also offer consultation sessions to companies to help them determine which software packages will be best suited to streamline their business processes.
Product and Service Description
Software
The range of products that SRI will be promoting, all have database software at its core. Database software is beneficial to companies that wish to cut costs by optimizing efficiency and streamlining their businesses. The product will allow corporate sales and service forces to use database software to be organised, effective and essentially deliver ultimate customer satisfaction.
Desktop Database Software Package – This option is relatively inexpensive and are usually promoted to single-user or non-interactive web applications.
Server Database Software Package – This software package are usually promoted to companies that have multi-user applications. It contains mechanisms to ensure the reliability and consistency of data. It is run on high-performance servers and is a premium priced product.
Support
SRI's support service will include 2hours of free support after product purchase, and there after charge R100 and hour rate for support.
Competitive Comparison
Although there are several resellers of this product in the area, we couldn't find one reseller that combines the product with an after sales service and support package for a competitive price. There are two competitors who offer these services, but they charge exorbitant prices for it, and we feel that we have a cost advantage over them.
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