ISP Company Business Plan [Sample Template]

Are you about starting an internet service provider company? If YES, here is a complete sample ISP business plan template & feasibility report you can use FREE.

Okay, so we have considered all the requirements for starting an internet service provider company. We also took it further by analyzing and drafting a sample internet service provider company marketing plan template backed up by actionable guerrilla marketing ideas for internet service provider companies. So let’s proceed to the business planning section.

If you are ICT inclined and you have the start – up capital and you are looking towards starting a business in the ICT industry, one of your best bet is to start an Internet Service Provider (ISP) company. There is indeed a huge global market for the services rendered by Internet Service Provider (ISP) companies.

All you need to do to attract client and maximize profits as a newbie in this industry is to ensure that your business is well – publicized, you reduce downtime to the barest minimum and your fees are affordable. To achieve all that is stated above, you should be ready to work hard and smart, hire dedicated and competent employees and above all, have a reliable server and pretty fast internet connection et al.

If you are truly serious about starting your own Internet Service Provider (ISP) company, then the best place to start is to draft a good business plan. The sample Internet Service Provider (ISP) company business plant template below will guide you on how to draft yours with little or no stress.

A Sample ISP Company Business Plan Template

1. Industry Overview

Operators in the Internet service providers (ISPs) industry use wired infrastructure to provide clients with internet access and related services such as web hosting, web page designing and hardware or software consulting related to internet connectivity.

Aside from telecommunications companies, ISP companies may also lease out capacity on their networks to support the network infrastructure of other companies (i.e. backbone services). It is important to clearly state that wireless internet and VoIP services are not part of the Internet Services Providers (ISPs) industry.

This industry also includes businesses that act as intermediaries between ISPs, website servers and online content providers; these operators are known as internet backbone providers. It is an undisputable fact that the internet has rapidly developed a universal presence in almost all facets of daily life and business, profiting the Internet Service Providers (ISPs) industry.

In addition, current regulatory overhaul is expected to drive government-subsidized network expansion and increase the number of broadband connections in the united states, driving revenue growth for the Internet Service Providers (ISPs) industry. Going forward, ISPs companies will look towards benefiting from the increased internet traffic from both individual and corporate clients.

A close study of the industry shows that the demand for the Internet Service Providers (ISPs) industry grew substantially over the past five years due to high demand from companies hoping to expand their online activities and presence.

This trend is expected to continue to grow. Most of the employees, management and business owners in industry have worked in complementary information technology industries.

The Internet Service Providers (ISPs) industry is indeed a very large industry and pretty much active in all the parts of the world. Statistics has it that in the United States of America alone, there are about 1,014 registered and licensed Internet service providers (ISPs) companies scattered all across the United States, responsible for employing about 233,886 people.

The industry rakes in about $97 billion annually. The industry is projected to grow at the rate of 4.3 percent annually within 2011 and 2016. The companies with the lion shares of the available market in this industry are AT&T Inc., CenturyLink, Comcast Corporation, Time Warner Cable Inc. and Verizon Communications.

Basically, the Internet Service Providers (ISPs) industry offers only one product to her clients: internet access. Nevertheless, the industry has created reliable methods for delivering that product.

In as much as each internet connection type has various speeds, variations, advantages and disadvantages associated with it, it is mostly useful to distinguish only between broadband and narrowband residential internet access. In addition to connecting consumers (both residential and commercial) to the World Wide Web.

Over and above, the Internet Service Providers (ISPs.) industry is still very much open to any aspiring entrepreneur who has the required start – up capital and technical expertise to start his or her own Internet Service Provider (ISP) company and of course make good money from the industry.

As a matter of fact, it was projected that over the next five years, new technology will continue to emerge that will make it easier for more players to come into the industry hence increasing the competition in the industry.

2. Executive Summary

Josh Cain Technologies®, LLC is a U.S based and world class Internet Service Provider (ISP) company. We have been able to secure a standard and well – positioned office facility in a central business district in Columbus, one of the largest cities in Ohio.

We are an internet service provider (ISP) company that is set to compete in the highly competitive Internet Service Providers (ISPs) industry not only in the United States market, but also in the global market.

Josh Cain Technologies®, LLC will provide services such as wired broadband internet access, wired narrowband internet access, internet backbone and carrier services, hardware and software consulting, web hosting, dial up internet access, residential broadband services and business broadband services.

We will ensure that our internet connection is reliable, fast and affordable. Our workers are going to be selected from a pool of talented and highly creative IT experts in and around Columbus – Ohio and also from any part of the United States as the business grows.

We will make sure that we take all the members of our workforce through the required trainings that will position them to meet the expectation of the company and to compete with leading Internet Service Provider (ISP) companies in the United States and throughout the globe. We have put plans in place to build a state of the art internet server in Columbus – Ohio. Our company will be well equipped and we will ensure that we follow the trend in the industry.

At Josh Cain Technologies®, LLC our client’s best interest will always come first, and everything we do will be guided by our values and professional ethics. We will ensure that we hold ourselves accountable to the highest standards by meeting our client’s needs precisely and completely. We will cultivate a working environment that provides a human, sustainable approach to earning a living, and living in our world, for our partners, employees and for our clients.

Josh Cain Technologies®, LLC is founded by Joshua Bridgestone and his friend and business partner for many years Cain McGregor. Josh and Cain are products of Silicon Valley and they have combine qualifications and experience in the ICT industry and business management et al that will help them build the business to favorable compete in the Internet Service Providers (ISPs) industry.

3. Our Products and Services

Josh Cain Technologies®, LLC is established with the aim of maximizing profits in the internet service providers (ISPs) industry. We want to compete favorably with leading internet service provider (ISPs) companies such as AT&T Inc., CenturyLink, Comcast Corporation, Time Warner Cable Inc. and Verizon Communications in the United States which is why we have but in place a competent team and equipment that will ensure that meet and even surpass our customers’ expectations.

We will work hard to ensure that Josh Cain Technologies®, LLC is not just accepted nationally in the United States of America, but also in other parts of the world. Our products and services are listed below;

Providing wired broadband internet access
Providing wired narrowband internet access
Providing internet backbone and carrier services
Hardware and software consulting
Web hosting
Dial up internet access
Residential broadband services
Business broadband services

4. Our Mission and Vision Statement

Our vision is to establish a standard and world class internet service provider (ISPs) company whose services and brand will not only be accepted in the United States of America, but also in other parts of the world.
Our mission is to provide highly reliable, secure and fast internet services and other related services that will assist businesses, individuals and non-profit organizations in connecting to the internet, promoting their brands and reaching out to a wide range of potential customers all over the globe via the internet.

We want to build an internet service provider (ISPs) company that can favorably compete with other leading brands in the internet service provider (ISPs) industry.

Our Business Structure

Josh Cain Technologies®, LLC is an internet service provider (ISPs) company that intend starting small in Columbus – Ohio, but hope to grow big in order to compete favorably with leading internet service provider (ISPs) companies such as AT&T Inc., CenturyLink, Comcast Corporation, Time Warner Cable Inc. and Verizon Communications et al in the industry both in the United States and on a global stage.

We are aware of the importance of building a solid business structure that can support the picture of the kind of world class business we want to own. This is why we are committed to only hire the best hands within our area of operations.

At Josh Cain Technologies®, LLC, we will ensure that we hire people that are qualified, hardworking, creative, customer centric and are ready to work to help us build a prosperous business that will benefit all the stake holders (the owners, workforce, and customers).

As a matter of fact, profit-sharing arrangement will be made available to all our senior management staff and it will be based on their performance for a period of five years or more as agreed by the board of trustees of the company. In view of the above, we have decided to hire qualified and competent hands to occupy the following positions;

Chief Executive Officer
General Manager
ICT Specialist
Human Resources and Admin Manager
Sales and Marketing Executive
Accountant
Client Service Executive

5. Job Roles and Responsibilities

Chief Executive Officer – CEO:

Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results; developing incentives; developing a climate for offering information and opinions; providing educational opportunities.
Creates, communicates, and implements the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
Responsible for fixing prices and signing business deals
Responsible for providing direction for the business
Creates, communicates, and implements the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
Responsible for signing checks and documents on behalf of the company
Evaluates the success of the organization.

General Manager:

Serves as project manager of the organization; works directly with employees
Responsible for designing concepts and contracts
Develops strategic plan by studying technological and financial opportunities; presenting assumptions; recommending objectives.
Accomplishes subsidiary objectives by establishing plans, budgets, and results measurements; allocating resources; reviewing progress; making mid-course corrections.
Coordinates efforts by establishing procurement, production, marketing, field, and technical services policies and practices; coordinating actions with corporate staff.
Builds company image by collaborating with customers, government, community organizations, and employees; enforcing ethical business practices.
Maintains quality service by establishing and enforcing organization standards.
Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; benchmarking state-of-the-art practices; participating in professional societies.
Makes certain that ICT and development department perform efficiently, coordinate employee efforts, and facilitate communications between management and ICT experts
Ensures that the organization work in line with international best practices.

ICT Specialists

Responsible for handling services such as wired broadband internet access, wired narrowband internet access, internet backbone and carrier services, hardware and software consulting, web hosting, dial up internet access, residential broadband services and business broadband services
Liaises with clients to determine their requirement and budget
Handles website hosting services
Responsible for Optimizing Website Functionality for owners of existing websites
Responsible for Search Engine Optimization Services and Code Writing Services

Admin and HR Manager

Responsible for overseeing the smooth running of HR and administrative tasks for the organization
Designs job descriptions with KPI to drive performance management for clients
Regularly hold meetings with key stakeholders to review the effectiveness of HR Policies, Procedures and Processes
Maintains office supplies by checking stocks; placing and expediting orders; evaluating new products.
Ensures operation of equipment by completing preventive maintenance requirements; calling for repairs.
Defines job positions for recruitment and managing interviewing process
Carries out staff induction for new team members
Responsible for training, evaluation and assessment of employees
Responsible for arranging travel, meetings and appointments
Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
Oversees the smooth running of the daily office activities.

Sales and Marketing Manager

Manages external research and coordinate all the internal sources of information to retain the organizations’ best customers and attract new ones
Models demographic information and analyze the volumes of transactional data generated by customer
Identifies development opportunities; follows up on development leads and contacts; participates in the structuring and financing of projects; assures the completion of development projects.
Writes winning proposal documents, negotiate fees and rates in line with organizations’ policy
Responsible for handling business research, market surveys and feasibility studies for clients
Responsible for supervising implementation, advocate for the customer’s needs, and communicate with clients
Develops, executes and evaluates new plans for expanding increase sales
Creates new markets cum businesses for the organization
Empowers and motivates the sales team to meet and surpass agreed targets

Accountant / Cashier:

Responsible for preparing financial reports, budgets, and financial statements for the organization
Provides managements with financial analyses, development budgets, and accounting reports; analyzes financial feasibility for the most complex proposed projects; conducts market research to forecast trends and business conditions.
Responsible for financial forecasting and risks analysis.
Performs cash management, general ledger accounting, and financial reporting for one or more properties.
Responsible for developing and managing financial systems and policies
Responsible for administering payrolls
Ensures compliance with taxation legislation
Handles all financial transactions for Josh Cain Technologies®, LLC
Serves as internal auditor for Josh Cain Technologies®, LLC

Client Service Executive

Welcome clients and visitors by greeting them in person or on the telephone; answering or directing inquiries.
Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level
Through interaction with clients on the phone, uses every opportunity to build client’s interest in the company’s products and services
Manages administrative duties assigned by the HR manager in an effective and timely manner
Consistently stays abreast of any new information on the organizations’ products, promotional campaigns etc. to ensure accurate and helpful information is supplied to potential clients when they make enquiries
Receives parcels / documents for the company
Distributes mails in the organization
Handles any other duties as assigned by the human resources and admin manager.

6. SWOT Analysis

Because of our drive for excellence when it comes to running a standard and world – class internet service provider (ISP) company, we were able to engage some of the finest business consultants in the United States of America to look through our business concept and together we were able to critically examine the prospect of the business and to access ourselves to be sure we have what it takes to run a standard and world – class internet service provider (ISP) company.

In view of that, we were able to take stock of our strengths, our weakness, our opportunities and also the threats that we are likely going to be exposed to in Columbus – Ohio and throughout the United States. Here is a summary from the result of the SWOT analysis that was conducted on behalf of Josh Cain Technologies®, LLC;

Strength:

Our core strength lies in the power of our team; our workforce. We have a team of creative and highly proficient ICT experts, a team with excellent qualifications and experience various niche areas in the internet service providers (ISPs) industry.

Aside from the synergy that exists in our carefully selected ICT experts, our fast, secured and highly reliable internet connection, we have state of the art internet server that will guarantee minimal downtime and our services will be guided by international best practices in the industry.

Weakness:

As a new internet service provider (ISP) company in Columbus – Ohio, it might take some time for our organization to break into the market and gain acceptance especially from top profile clients in the already saturated and highly competitive internet service providers (ISPs) industry; that is perhaps our major weakness. Another weakness is that we may not have the required cash to pump into promoting our business the way we would want to.

Opportunities:

No doubt, the opportunities available in the internet service providers (ISPs) industry is massive considering the number of individuals and corporate organizations whose businesses depends on the services of internet service provider (ISP) companies. As an internet service provider company, we are ready to take advantage of any opportunity that is available in the industry.

Threat:

Just like any other business, one of the major threats that we are likely going to face is economic downturn. It is a fact that economic downturn affects purchasing / spending power. Another threat that may likely confront us is the arrival of a new internet service provider (ISP) company in same location where our target market exists and who may want to adopt same Business model like us.

7. MARKET ANALYSIS

Market Trends

It is obvious that as more big players move in to the internet service providers (ISPs) industry; it now becomes pretty important for smaller internet service provider (ISP) companies to have strong partnerships. So also, competitive pricing, niche specific approaches, and excellent service will all play a key role in this industry as smaller internet service provider (ISP) business continue to compete and grow.

Going forward, prices are likely to increase as internet service provider (ISP) companies lay differentiation and additional services on top of existing hosting plans. Another important trend in this industry is the degree to which individual website hosting providers are able to do so in an automated way that minimizes the need for human intervention.

The more automated this process is, the higher margins will be on individual accounts. As a consumer, it’s helpful to understand how efficient your potential host’s processes are in this respect – it will save you tremendous amounts of aggravation when an issue does occur.

Like every other IT related services, internet service provider (ISP) services are continually evolving. Technologies are changing and improving with rapid astonishment, and as a result the technological boundaries for internet services are being pushed as well to meet the ever-changing demand.

This creates opportunities for consumers: not just to search for the cheapest internet service provider, but to think about what kinds of business models they want to support and whether or not they need specific features in their packages.

Lastly, customers are also becoming savvier with respect to potential security issues connected with the cloud. As a result, internet service provider (ISP) companies are developing stronger communications around this issue in the form of copy, collateral, and training et al for their sales and marketing teams.

8. Our Target Market

Before starting our internet service provider (ISP) company, we are certain that there is a wide range of both corporate and individual clients who cannot successfully run their businesses without the services of internet service provider (ISP) companies.

In view of that, we have created strategies that will enable us reach out to various corporate organizations and individual who we know can’t afford to do without our services. We have conducted our market research and survey and we will ensure that our internet service provider (ISP) company is well accepted in the market place.

Below is a list of the people and organizations that we have specifically market our products and services to;

Website Designers and IT Specialists
Banks, Insurance Companies and other related Financial Institutions
Blue Chips Companies
Corporate Organizations
Manufacturers and Distributors
Real Estate Owners, Developers, and Contractors
Research and Development Companies
The Government (Public Sector)
Schools (High Schools, Colleges and Universities)
Hotels
Celebrities, Politicians, Public Figures and Public Speakers
Sport Organizations
Religious Organizations
Political Parties
Television Stations
Printing Press (Publishing Houses) and Authors
Branding and Advertising agencies
Entrepreneurs and Start – Ups

Our competitive advantage

Surviving in the business world as an internet service provider (ISP) company requires more than, your expertise, knowing how to deliver standard website hosting jobs but also how to network with key people that matters; decision makers that can decide who will get internet service provider (ISP) services contract.

Without a shadow of doubt, there are loads of big time investors, that have a stake in the internet service providers (ISPs) industry; but one thing is certain, there is room big enough to accommodate both the big internet service provider (ISP) companies and the small internet service provider (ISP) companies.

All smaller internet service provider (ISP) companies need to do to survive in the industry is to concentrate on providing internet connections cum services to small to medium scale businesses and individual clients.

We are quite aware that to be highly competitive in the internet service providers (ISPs) industry means that you are not only expected to be able to offer fast and highly reliable and pocket friendly internet connection, but you must be able to meet set targets. No one would want to continue to buy your products or hire your services if don’t always meet up with the target date of completion of projects.

Our competitive advantage lies in the power of our team; our workforce. We have a team of creative and highly proficient ICT experts, a team with excellent qualifications and experience various niche areas in the internet service providers (ISPs) industry.

Lastly, all our employees will be well taken care of, and their welfare package will be among the best within our category (startups internet service provider (ISP) companies 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.

9. SALES AND MARKETING STRATEGY

Sources of Income

Josh Cain Technologies®, LLC is established with the aim of maximizing profits in the internet service providers (ISPs) industry and we are going to go all the way to ensure that we do all it takes to meet and surpass the expectations of all our clients.

Josh Cain Technologies®, LLC will generate income by offering the following ISP related services;

Providing wired broadband internet access
Providing wired narrowband internet access
Providing internet backbone and carrier services
Hardware and software consulting
Web hosting
Dial up internet access
Residential broadband services
Business broadband services

10. Sales Forecast

One thing is certain; there would always be corporate organization and individual who would need the services of internet service provider (ISP) companies.

We are well positioned to take on the available market in the internet service providers (ISPs) industry and we are quite optimistic that we will meet our set target of generating enough income / profits from the first six month of operations and grow our internet service provider (ISP) company to enviable heights.

We have been able to critically examine the internet service providers (ISPs) market and we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. The sales projections are based on information gathered on the field and some assumptions that are peculiar to similar startups in Columbus – Ohio.

Below are the sales projections for Josh Cain Technologies®, LLC it is based on the location of our business and of course the wide range of our services and products we offer and target market;

First Fiscal Year-: $240,000
Second Fiscal Year-: $550,000
Third Fiscal Year-: $950,000

N.B: This projection is done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown and there won’t be any major competitor offering same ISP services as we do within same location. Please note that the above projection might be lower and at the same time it might be higher.

Marketing Strategy and Sales Strategy

We are mindful of the fact that there are stiffer competitions in the internet service providers (ISPs) industry hence we have been able to hire some of the best marketing experts to handle our sales and marketing.

Our sales and marketing team will be recruited based on their vast experience in the internet service provider (ISPs) industry and they will be trained on a regular basis so as to be well equipped to meet their targets and the overall business goal of Josh Cain Technologies®, LLC.

Our corporate goal is to grow Josh Cain Technologies®, LLC to become one of the top 10 internet service provider (ISP) brands 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 of America but also in other parts of the world.

Josh Cain Technologies®, LLC is set to make use of the following marketing and sales strategies to attract clients;

Introduce our internet service provider (ISP) company by sending introductory letters alongside our brochure to individuals, website designers, corporate organizations, religious organizations and key stake holders in Columbus – Ohio.
Promptness in bidding for internet service provider (ISP)contracts from the government and other cooperate organizations
Advertise our business in relevant business magazines, newspapers, TV stations, and radio station.
List our business on yellow pages ads (local directories)
Attend relevant international and local expos, seminars, and business fairs et al
Create different packages for different category of clients in order to work with their budgets and still deliver excellent and reliable internet connections cum services
Leverage on the internet to promote our business
Engage direct marketing approach
Encourage word of mouth marketing from loyal and satisfied clients

11. 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 internet service provider (ISP) company.

Below are the platforms we intend to leverage on to promote and advertise Josh Cain Technologies®, LLC;

Place adverts on both print (newspapers and magazines) and electronic media platforms
Sponsor relevant community based events / programs
Leverage on the internet and social media platforms like; Instagram, Facebook, Twitter, YouTube, Google + et al to promote our services
Install our Bill Boards on strategic locations all around Columbus – Ohio
Engage in road show from time to time in targeted neighborhoods
Distribute our fliers and handbills in target areas
Contact corporate organizations by calling them up and informing them of Josh Cain Technologies®, LLC and the services and products we offer
List our internet service provider (ISP) company in local directories / yellow pages
Advertise our internet service provider (ISP) company in our official website and employ strategies that will help us pull traffic to the site.
Ensure that all our staff members wear our branded shirts and all our vehicles are well branded with our company logo et al.

12. Our Pricing Strategy

At Josh Cain Technologies®, LLC we will keep the prices of our internet connections and similar services and products below the average market rate for all of our customers by keeping our overhead low and by collecting payment in advance from corporate organizations that would hire our services or purchase our products. In addition, we will also offer special discounted rates to all our customers at regular intervals.

We are aware that 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.

Payment Options

The payment policy adopted by Josh Cain Technologies®, LLC is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America.

Here are the payment options that Josh Cain Technologies®, LLC will make available to her clients;

Payment via bank transfer
Payment with cash
Payment via Point of Sales Machines (POS Machines)
Payment via mobile money platform
Payment via online bank transfer
Payment via check
Payment via bank draft

In view of the above, we have chosen banking platforms that will enable our client make payment for our internet connections and other related services and products without any stress on their part. Our bank account numbers will be made available on our website and promotional materials to clients who may want to deposit cash or make online transfer for our ISP services.

13. Startup Expenditure (Budget)

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 tools 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 internet service provider (ISP) company; it might differ in other countries due to the value of their money. However, this is what it would cost us to setup Josh Cain Technologies®, LLC in the United States of America;

The total fee for registering the business in the United States of America – $750.
Legal expenses for obtaining licenses and permits – $1,500.
Marketing promotion expenses (8,000 flyers at $0.04 per copy) for the total amount of – $10,000.
The total cost for hiring business consultant – $5,000.
The amount needed for the purchase of insurance policy covers (general liability, workers’ compensation and property casualty) coverage at a total premium – $30,800.
The total cost for the purchase of accounting software, CRM software and Payroll Software – $3,000
The total cost for leasing facility for the business – $150,000.
The total cost for facility remodeling – $50,000
Other start-up expenses including stationery, business cards and signage et al – $2000
Phone and utility deposits – $3,500
Operational cost for the first 3 months (salaries of employees, payments of bills et al) – $40,000
The cost for purchase of standard and world – class reliable internet server- $100,000
The cost for the purchase of furniture and gadgets (Computers, Printers, Projectors, Telephone, TVs, Sound System, tables and chairs et al) – $4,000.
The cost of Launching a Website – $600
The cost for our grand opening party – $15,000
Miscellaneous – $5,000

Going by the report from the market research and feasibility studies conducted, we will need about three hundred and fifty thousand (350,000) U.S. dollars to successfully set – up a medium scale but standard internet service provider (ISP) company firm in the United States of America.

Generating Funds / Startup Capital for Josh Cain Technologies®, LLC

No matter how fantastic your business idea might be, if you don’t have the required money to finance the business, the business might not become a reality. Finance is a very important factor when it comes to starting a business such as internet service provider (ISP) company. No doubt raising start – up capital for a business might not come cheap, but it is a task that an entrepreneur must go through.

Josh Cain Technologies®, LLC is a private – partnership business that is solely owned and financed by Joshua Bridgestone and his friend and business partner for many years Cain McGregor. They do not intend to welcome any external business partner which is why he has decided to restrict the sourcing of the start – up capital to 3 major sources.

Since they are the sole financier of the business, they have decided to adopt the following means to generate start – up capital for the business;

Generate part of the start – up capital from personal savings and sale of his stocks
Generate part of the start – up capital from friends and other extended family members
Generate a larger chunk of the startup capital from the bank (loan facility).

N.B: We have been able to generate about $150,000 (Personal savings $100,000 and soft loan from family members $50,000) and we are at the final stages of obtaining a loan facility of $200,000 from our bank. 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.

14. 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. If all of these factors are missing from a business (company), then it won’t be too long before the business close shop.

One of our major goals of starting Josh Cain Technologies®, LLC is to build a business that will survive off its own cash flow without the need for injecting finance from external sources once the business is officially running.

We know that one of the ways of gaining approval and winning customers over is to offer our internet connections and other related products and 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.

Josh Cain Technologies®, LLC will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of. Our company’s corporate culture is designed to drive our business to greater heights and training and re – training of our workforce is at the top burner.

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. 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.

Check List / Milestone

Business Name Availability Check: Completed
Business Incorporation: Completed
Opening of Corporate Bank Accounts various banks in the United States: Completed
Opening Online Payment Platforms: Completed
Application and Obtaining Tax Payer’s ID: In Progress
Securing a standard office facility for our company: Completed
Application for business license and permit: Completed
Purchase of All form of Insurance for the Business: Completed
Conducting Feasibility Studies: Completed
Generating part of the start – up capital from the founders: Completed
Writing of Business Plan: Completed
Drafting of Employee’s Handbook: Completed
Drafting of Contract Documents: In Progress
Design of Logo for the business: Completed
Secure trademark for our products: In Progress
Graphic Designs and Printing of Packaging Marketing / Promotional Materials: Completed
Recruitment of employees: In Progress
Purchase of the needed furniture, office equipment, software applications, electronic appliances and facility facelift: In progress
Building a standard and world – class internet server: In Progress
Creating Official Website for the business: In Progress
Creating Awareness for the business: In Progress
Health and Safety and Fire Safety Arrangement: In Progress
Establishing business relationship with vendors and key players in various industries: In Progress

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