Entity Selection: Creating A Web Development Firm
Entity Selection: Creating a Web Development Firm
Peter graduated in Computer Science three years ago and has been working as a web developer for a leading software provider ever since. During his employment, Peter gained considerable experience in web based and e-commerce solutions design. Leon, a business student, met Peter in collage. As an account manager in an advertisement and marketing company, Leon maintains a large database of businesses and has cultivated good relationships with most clients. Peter had successfully designed solutions for a few clients forwarded by Leon. After their initial success and given the number of prospective client, Peter and Leon decide to venture into the lucrative market of web development and start their own web development firm.
Business Vision
Business Name
The firm will carry the name "Web Solutions Plus." This name clearly reflects the type of business activity and the nature of products and services. It also conveys richness and variety allowing room for expanding operations and providing additional services in the future.
Mission Statement
Using the slogan "Quality for the financially challenged," Web Solutions Plus will provide products and services adhering to latest technological standards in the web development industry at highly competitive prices.
Products and Services
Web Solutions Plus will provide state of the art web based business solutions and consultancy services in web application design and management. The scope of operations will include website design and security, e-commerce solution design and management, intranets and database driven client/server applicationsaccounting and inventory systems, billing and P.O.S systems, payroll systems, customer lead generation systemsbuilt on a multitude of the latest web and database technologies.
Market Niche
The firm will target small to medium sized businesses...
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