I want to start a website building business for those schools who do not have their websites. there are almost 2500 schools in New Delhi who does not have any website.
Service: Website development
Target market: Schools, more specifically, all small and mid-level schools in Delhi
Revenue generation model: Payment for website development
Project justification: There are almost 2500 schools in New Delhi that do not have any website.
Progress on the project: I already have a contract for one school
Project timeline: 1 year
Funding needs: $15000 - $20000
Investment payback terms: 3 years with 10% of profit
Our competitors are all website builders but we are going to apply a niche strategy. This is a unique idea where the target audience is very specific.
There is huge scope for this business in market as schools will easily grab this idea.
We will prepare websites within our in-house team and charge schools for the same. After the website is completed we will charge schools for website maintenance per month based on a yearly contract.
Other players are making good margin with website development but schools are not their target.
I have 3 years of experience in this particular business field.
Funding is needed to create a sales team and a developers team.
This is going to be an one-time investment.
We are looking for $20000. Payback is expected in three years
I am looking for silent investors as wells as hands-on investors.
Investment is desired as soon as possible.