Web Applications, a start-up company, is dedicated to providing Web-based business administration applications. Web Applications developed the Internet-based software Online Office Manager. A patent application is currently pending. Online Office Manager allows people and businesses to communicate even though they may be working from different locations. Online Office Manager offers applications that can replace the physical office. Online Office Manager allows your office to move with you at any time, and you have access to it 24/7. Online Office Manager can be obtained by subscribing via the Internet to our server.
Web Applications is aware of the risks that come with starting a company. Web Applications is a brand new company. We will need to be accepted by the market. The company is working on identifying trends in industry, customer needs, and how to best serve those needs.
We expect to compete as a thriving company in the computer applications software industry. The software market has long been one of the computer industry’s fastest growing segments. According to International Data Corporation, an independent market research firm in Framingham (Massachusetts), the global software market had revenues of $122 billion two-years ago. This is a 15% increase from the previous year. The last year saw continued strong growth in revenues. IDC projects revenues to grow at a compound annual rate in excess of 12% over the next few years and surpass $220 billion within three years.
The company is seeking a moderate start-up investment. The company’s revenue projections in year one for Web Applications are for a 10-fold rise in revenue. Web Applications is targeting profitability within six months from the start of operations.
1.1 Mission
Web Applications’ mission to provide an online system for workers to connect to their mother business is to be the best web office system.