Database Software Business Plan
This plan includes detailed investor information as well as the essential strategic business plan information required for the initial establishment and operation JTB Integrated Technologies. JTB’’s Integrated Technologies Division, a sub-corporation, of JTB Technologies, Inc., a major holding company. JTB Industrial Sales and JTB Products and Services are the other divisions. While the three divisions are expected to work together and share a common staff, the following outline outlines the Integrated Technologies Division.
JTB Integrated Technologies, Inc. will be formed in February with its primary location in Richfield, Louisiana as a corporation under the laws of the commonwealth of Louisiana.
JTB’s Integrated Technologies Division will support and develop a complete line of P.C.-based software applications. JTB will also develop and support ad based Internet markets, online magazines, custom made commercial websites and other hosted products that are tailored to the Industrial market. The Integrated Technologies Division will develop these applications using JTB’s Industrial Sales and Industrial Products Divisions as a test bed and as a marketing referral for live product demonstration.
These managers have been vendors for these companies for twenty years and have found a niche helping businesses with product presentations, customer management and job costing. The majority of businesses in this industry use different software and databases for managing internal vendor information and external customer request management. Our products will function online as before and can be ordered and pre-sold just like they do internally. This allows businesses to use the applications to expand their products and services into new markets through our distributor partners. The system allows businesses to offer their products and services to other partners. This will allow them to increase their business revenues and be eligible for larger contracts. These companies can extend the client’s inventory, order tracking and engineering information to larger clients with high-end software and servers. They also fill in the gaps left in larger systems contracts. JTB’’s Integrated Technologies Division is a partner in the network and will support the business applications.
Mitchell R. Jeremy and Rachel Jeremy are the management team responsible for product design, development and integration. They also manage company operations. The management team will also be supported by a team-oriented, customer-focused staff consisting of Mitchell R. Jeremy, Rachel Jeremy, and our in-house developers. Our in-house software application developers will create and manage our websites. JTB Integrated Technologies, Inc. retains the services of a CPA firm for professional company audits, tax preparation, payroll, and business consulting to assist with setting achievable long-term strategic goals.
Based on the current prices in the Industrial Marketing Products and Services market, JTB Integrated Technologies, Inc. has the potential of making sales of $220,000 within the first eighteen months of operation. It is expected that revenue growth will average nearly 30% per annum with good management. The projected ratios at Fiscal Year 3 look solid.
Each investor will receive equity based on their investment. An in-depth look at Ratios can be found in the Financial Plan section. Within 48 months, we expect the business to be able attract additional investment and be able pay its initial investors.
1.1 Objectives
JTB Integrated Technologies is primarily focused on supporting and developing:
- Software for vendor relations and inventory sharing.
- Purchasing and order management technology systems.
- Technology systems that enable job costing and management of quotations.
- Web-based E-marketing sites and systems.
- LAN and wireless Intranet systems that support sales, marketing, or engineering.
After we have developed these products, our company will test them and then sell the technology and the necessary support services.
1.2 Keys to Success
1.3 Mission
JTB will provide the highest quality marketing products and services. With this as our primary mission, we will embed our products and services into the metalworking, and manufacturing marketplace. Our software products are a valuable resource for both procurement and engineered sales. Our clients can expect long-term growth and positive results when they combine our Internet-based marketing websites with customer management tools.
JTB’s Products and Services Division serves as a benchmark and test bed to our P.C. business development software. JTB provides a new and exciting way for mid-sized companies to manage their external vendor and customers transactions, job costing and project management. It also offers ongoing savings for our users.
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