Hi so I’m going to try and explain a complicated task, creating a business plan for a software as a service startup company. Please write the most you can and I will handle the missing components.
First thing you need to know, stuff about the Executives.
The CEO is me Kofi , I live in Edmonton, AB, Canada. I’m 24 years old and a university dropout. In university I studied Computer Engineering, one of the hardest majors. I’ve been running my own businesses since I was 15, my specialty was E-commerce companies. I always made a profit no matter what, which leads me to tell you that I believe in only profitable businesses. My vision for the company is to be profitable it’s second year and be paying out dividends yearly. You should also know that I’ve spent the past 6 years as a freelance developer. Also worked for for other companies in sales and customer service. I’ve learnt to create high value for customers, and in return they will give you their money.
****Please not that the executive team is still under development****
Second thing is what is the business about: Triple M Incorporated is a SaaS company, providing A.I. software to music creators(singers, producers, rappers). With the software anyone with a good grasp of technology and musical talent can create and enhance their musical ideas, turning it from a notion to real human sounding music or beat.
As a platform it will do the following things.
1: Make human like music instrumentals(based on user profile and selected options).
2: Manipulate Audio in many ways(also based on user profile and selected options).
3: Also act as a audio engineering or producer
4: Find people to market final music to
5. Turn a persons voice into a singing or rapping voice
6. Turn written lyrics into speech
Third is our financing model
We will be using a subscription based model so we get recurring payments month to month.
Our first year we expect 10,000 customers but will quickly grow to 250,000 second year then 500K-1M customers with the first 3-4 years. We expect 2M in revenue the first year, 57M second year, and over 100M the third or fourth year.
****This is the basic info, please I wish to stay in touch so I can answer all your questions. I want a great business plan so don’t be scared to advise me****
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