W-Web Solutions is a new online business that provides web development, design, and marketing services worldwide at low costs through a virtual team based in countries with lower labor rates. The company has 22 employees, including managers, developers, designers, and sales and marketing staff. It aims to earn profits by charging clients rates comparable to developed countries while paying employees rates from South Asia. The business requests $30,410 in startup funding over 3 months to cover employee salaries, virtual office software, and website development.
2. W-WEB SOLUTIONS
Status: New Launch
W-web solutions is an online virtual based
business that offers Muti-Web services
worldwide
Company Moto:
PROVIDE SERVICES ON FOLLOWING OBJECTIVES:
AT LOW COST
QUALITY WORK
QUICK TURNAROUND
CUSTOMER SATISFACTION
mianusman67@yahoo.com
3. EMPLOYEES DETAILS:
Role Numbers Of Employees
Staffing Managers 2
Developers 5
Designers 5
Sales & Marketeers 10
Total 22
mianusman67@yahoo.com
4. SERVICES DESCRIPTION
Workflow Streams:
Provide services of Web designing/developing,
Graphic designing and sales and marketing
worldwide.
Get projects from Worldwide mainly from USA,
Canada, Australia and UK. Where labor cost is
very high.
Get work done at low cost by hiring our
professional employees from India, Pakistan And
Philippines where labor cost is must low as
compared to develop countries.
mianusman67@yahoo.com
5. SERVICES THAT WE OFFERED:
Main Category Sub-Categories
1. Web Development
E-commerce, Web Design &
Web Programming
1. Design
Animation, Graphic Design &
Logo Design
1. Sales & Marketing
SEM- Search Engine
Marketing, SEO- Search Engine
Optimization, SMM- Social
Media Marketing & Sales and
Lead Generation
mianusman67@yahoo.com
6. HOW WE EARN AND DIFFERENT FROM OUR
COMPETITORS:
We earn by the difference of labor cost e.g. average
hourly rate of web developer in US is $50/hr and
here (South Asia) it is $8/hr to $10/hr or even low.
But we will charge our client at the rate $20 to
$25/hr for his/her work.
In this scenario all parties remain happy, see how
Client get his/her work done at low cost
Our company employee will be much happy to
work at $10/hr and can live a prosperous living in
this rate.
We got our share by charging our client at the
double of our employee’s working rate in this
example it will be $20/hr
mianusman67@yahoo.com
7. CUSTOMER/MARKET ANALYSIS (MARKET
SIZE AND POTENTIAL MARKET SHARE)
World Market Size:
Services Average Market Size*
1. Web Development
$50 Million Per month
1. Design
$9.1 Million Per month
1. Sales & Marketing
$6.6 Million Per month
mianusman67@yahoo.com
8. Potential Market Share
At initial stage we can cover following below
world market share:
Services Potential Market Share*
Web Development
$25x40x5x4 = $20,000 Per
month
Design
$20x40x5x4 = $16,000 Per
month
Sales & Marketing
$18x40x10x4 = $28,800 Per
month
Total $64,800
mianusman67@yahoo.com
9. Formula = Average Market Hourly rate (that we
charge to our clients)* x hours per week x No of
our employees x 4 weeks (1 month)
So with the team of 22 members our cash inflow
will be about $64,800 per Month and vice versa
depend upon team size.
*Reference: Data is taken from Elance.com that is the
world's leading platform for online employment, Elance helps
businesses hire and manage in the cloud. For businesses looking
to staff-up a team on an hourly or project basis, Elance offers
instant access to qualified professionals who work online and
provides the tools to hire, view work as it progresses and pay for
results.
One of the snapshot is attached below for reviewing live stats
please visit https://www.elance.com/trends/
mianusman67@yahoo.com
10. PRESENT LEADING STAFF'S
EXPERIENCE:
Fazeel Ahmad : Staffing Manager
Masaud Ahmad: Staffing Manager
Experience:
Working on ODESK (oDesk is the world's largest
online workplace, where savvy businesses hire,
manage, and pay a talented workforce of on-
demand professionals.)
Combine Online Working Hours Experience:
12,200+ Hours
For More Detail Visit:
https://www.odesk.com/o/companies/JoinedBro-Web-
Services_~~9b96f20bb94c8e02/
mianusman67@yahoo.com
11. INVESTMENT NEEDED:
Trail Period: 3 Months
Expense Type Expense Amount
1. Employees Pay
$29760 Per month
1. Office
$150 Per month
1. Website creation
$500
Total $30,410
mianusman67@yahoo.com
12. 1. EMPLOYEES PAYS EXPENSE:
Total = $29760 per month
Formula = Average Market Hourly rate(that we
pay to our employees)* x hours per week x No of
our employees x 4 weeks (1 month)
Staffing Managers = $8x40x2x4 = $2560 per
month
Web Development =$10 x40x5x4= $8000 per
month
Design = $8x40x5x4= $1600 per month
Sales & Marketing = $8x40x10x4= $3200 per
month
mianusman67@yahoo.com
13. 2. VIRTUAL BASED OFFICE SOFTWARE
EXPENSE:
Will use Bascamp.com (Basecamp is the leading
web-based project management and collaboration
tool. To-dos, files, messages, schedules, and
milestones.)
$150/month (Taken from
http://basecamp.com/pricing)
mianusman67@yahoo.com