Third Degree I.D. The company is a limited-liability LLC (LLC) with three founder partners. It’s located in Savannah Georgia. The company develops, markets and markets instructional products for the corporate, educational, government, healthcare, and e-learning industry. It is committed to instructional design excellence and educational media development. The company provides the core deliverables of courses, programs and learning objects in distance education, distributed and elearning markets.
The company uses an object-oriented approach to design that provides clients with rich, tailored solutions that can easily be replicated and maintained. It wants to have a balanced portfolio that includes clients from various industry sectors. In addition, it plans to reduce business fluctuations by adding a number of domestic, national, as well as international clients.
Third Degree I.D. Develops strategic relationships and grows its business based on returning customers.
Three founding partners founded 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. This initial funding will cover approximately $19,000 in start-up expenses and assets. The rest will be used as a cash base for the first year of operation, which will include Third Degree I.D. Influential clients will receive some at-cost work in exchange for a solid reputation. This reputation serves as the basis for sales and marketing strategies.
Our market research shows that our $360,000 goal in the first year for sales is conservative for an educational software start-up with our combined expertise. Based on comparable businesses within the same industry, growth estimates for years 2 and 3 will be different.
1.1 Objectives
For Third Degree I.D., the following are key objectives These are the main objectives for the Third Degree I.D.
- You can start a legal company by obtaining the appropriate licensing
- Complete business planning and look for funding sources such as bank loans or grants.
- Establish a website presence and list products or services in relevant publications and websites.
- Six to eight clients may contract for consulting, training, design, or development work in a suitable scope ($50,000 and more).
1.2 Mission
Third Degree I.D. designs, develops, and markets instructional products and services for the corporate, education, government, and healthcare e-learning industries. It provides companies and institutions with cost-effective, flexible, flexible, and well-supported solutions to their instructional design or e-learning operations. Its main goal is to satisfy clients and be a loyal business partner. It is a non-profit company that offers an inclusive and fair work environment for its owners and employees.
1.3 Keys To Success
Success is dependent on:
- Be persistent in your client development efforts.
- exceptional product and service quality
- time-efficient and cost-effective development processes
- Management with expertise and a knowledgeable staff
- Strategies for cash-savvy growth