Angel Bank

Passionate new IT company

Professional IT Services are available through a number of companies. ITPassion aims to create quality with their services as a means to differentiate and to show the world that IT can indeed be the cornerstone of their business.

Vision:
To create a name in the industry as a trustable IT services organisation that is capable of delivering quality services as and when required
Break into the market of off-shore with the help of Argentina-based partner

Objectives:
Attract about 30 key customers
Hire about 12 people for Professional IT Services - Data Storage, Data Backup and Archiving, Server Setup and Support, etc

Total funding required: £50,000

Funding required for: Salary and wages. Equipment to sell. Working capital

Revenue targets:
2008: £250,000
2009: £800,000
2010: £2,000,000

Gross profit margin: About 80%

Full business plan? Yes

Potential alliances with:
Professional Service Organisations - we can offer them on-time resources for their projects
Hardware Vendors – we can deliver the professional services resources that their clients need

Our partner has a very interesting value proposition that generated $100,000,000 revenue last year for them.

Ideally, investor to provide access to target markets and expertise to build this business

ITPassion will thrive because of the passion for IT that all staff will have.
Also, we are focused on the success that our clients achieve with our solutions.

Business Profile: P1021

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