Educational Software Business Plan Leave a comment

Third Degree I.D. A limited-liability corporation (LLC), located in Savannah Georgia, with three founding members. The company designs, develops and markets instructional products and other services for the healthcare, education, government and corporate sectors. It is dedicated to educational design and educational new media, and offers a core product of courses, programs, and learning objects for distance education, distributed learning and e-learning.

The company follows an object-oriented design strategy that supports clients with rich, targeted solutions and is easily replicable and maintained. The company seeks to build a diverse portfolio of clients across a range of industries and will mitigate business fluctuations by retaining a sufficient number of international, local and national clients.

Third Degree I.D. It develops strategic relationships, and its business is built on returning customers and an accumulation of educational material that can be reused and resold.

The founding partners of Third Degree I.D. They will each invest $35,000 to the company and are seeking a $30,000 additional loan over two years to complete the start up funding. About $19,000 is needed for assets and start-up expenses. The remainder will be used to fund operations for the first year. Third Degree I.D. We will do some work at no cost to influence clients in order to build a reputation for our work. This reputation is essential for future marketing and sales strategies.

Our market research has shown that our $360,000 sales goal for the first year is conservative for a start up educational software company. Growth projections for years 2, and 3, are based on data taken from comparable businesses in the industry.

1.1 Objectives

Key objectives for Third Degree I.D. These are the main objectives for the Third Degree I.D.

• Through appropriate licensing, you can establish a legal business.
• Complete your business plan and seek funding via bank loans, grants, venture capital and other sources.
• Establish a website presence and list products or services in relevant publications and websites.
• Contract with six to eight clients requiring consulting, training, design or development work of an appropriate scope ($50,000 or more).

1.2 Mission

Third Degree I.D. Design, develop, and market instructional products and services in the corporate, education, government and healthcare elearning industries. It offers companies and institutions cost-effective solutions for their instructional design and elearning operational requirements. Its principal goal is client satisfaction, serving client interests as an ally and loyal business partner. The company operates as a for-profit entity and creates an environment that is fair and productive for all its owners, employees, or contractors.

1.3 Keys to Success

Success is dependent upon:

• persistent and creative client development efforts
• Superior product and service quality
• Development processes that are cost-effective, efficient, and time-efficient
• Expert management and knowledgeable employees
• Cash-savvy growth strategies