Ecommerce web development business plan - Essay Example

Our offerings will be competitively priced in relation to other major consulting organizations who also offer high-end expertise. Our projected sales revenue estimates are $159,000 at Year 1 and $289,000 at Year 3. Profit is estimated at $65,000 by year 3 with a net profit margin of 6%. These figures factor in 130,000 of current debt with a further $50,000 in long term debt. This strategy will forestall any cash flow problems in the first 3 years of operation. Woodville Consultancy has already attracted $50,000 of start-up capital.

Consulting firms influence how businesses, governments, and institutions make decisions. Often working behind the scenes, these firms offer expertise-in the form of knowledge, experience, special skills, or creativity; another resource is time or personnel that the client cannot spare. Clients include large and small companies in the private sector; Federal, State, and local government agencies; institutions, such as hospitals, universities, unions, and nonprofit organizations; and foreign governments or businesses.

The management consulting services industry is diverse. Management consulting firms advise on almost every aspect of corporate operations, including marketing; finance; corporate strategy and organization; manufacturing processes; information systems and data processing; electronic commerce (e-commerce) or business; and human resources, benefits, and compensation. Larger consulting firms usually provide expertise in a variety of areas, whereas smaller consulting firms generally specialize in one area of consulting.

Consulting firms might advise clients in the implementation and use of the latest office technology or computer programs that could increase office productivity. Consultants may provide assistance to firms in areas such as developing new products and pricing, forecasting sales, planning and implementing a marketing strategy, and