New Venture Proposal

Document Type:Business Plan

Subject Area:Management

Document 1

3 Product ……………………………………………………. 4 Process. 4 Position……………………………………………………………………………. 5 Market Analysis ………………………………………………………………………. 5 Short-term and Long-term objectives …………………………………………………………. Our business plan is highly motivated by this trend with an aim of consolidating and providing a one stop shop for all people who are in such legal solutions and other legal matters on any issue. It has caught our attention that finding an attorney for most people and the subsequent acquisition of all legal documentation is hard for most people around the world (Nixon, 2010 p. This will provide the necessary access to most people who actually seek the service wide and far with no success. VALUE PROPOSITION Paradigm Our intention is to bring legal service close to the customer and make it all accessible worldwide. Therefore, with an application that will be available on apple store or google store for all android phone user will make it’s so convenient for people to use the service (Siau et al, 2011 p.

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It will be therefore our target to roll out a discounted opportunity of first come first enjoy so as to speed up the acceptance of the application (Ngai & Gunasekaran, 2007 p. On the other hand, a collaboration with volunteer attorneys will help us achieve a steady acceptance and gain much confidence on the word go. With the high rate of legalization of most of organization contractual agreements, this will proof to be a convenient service for a wealth of clients. POSITION With a trend of many scam applications it will be our priority to ensure we involve all necessary stakeholders to help build a reliable and convenient application that is free from manipulation and won’t fail as clients increase (Mahaffey, 2015 p.

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Some applications also include interrupting adverts and unnecessary links that cause discomfort in use, this application will ensure a smooth client to attorney service. SHORT-TERM AND LONG-TERM OBJECTIVES On the short-term objective, we are looking to collaborate with related industry such as the legal industry and government contractors to push the application to the market and popularize it to most of its employees (Ngai & Gunasekaran, 2007 p. This will minimize on cost of marketing and propel the product to the market through the short term. With a clear strategy to build a popular brand among most middle-class people this will earn us a reputable income that will lead us to bring on board more companies in an outside the country. On the long-term goal, we are looking to be the leading digital platform that offers reliable, convenient and easily accessible legal service across the globe (Mahaffey, 2015 p.

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This will be ensured by creating a product that is simple to use and that has appeal overboard. The other costs include promotion fees and acquisition of copyright from the government for the application. The cumulative cost totals will be leveraged through rigorous roll up of an enormous campaign online and in any available digital platform or word of mouth (Farcasiu, 2017 p. Our application is a business oriented and not a fun kind of, therefore through downloads by various individuals seeking to take advantage of the services offered thereof, it will provide an avenue for revenue. Through periodic upgrades clients will need to do to accesses some additional services added on the application and this is another avenue. Our partner will be compelled to advertise on the app as it gains appeal across the country thus more revenue.

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, MVP) iOS app or Android (Siau et al, 2011 p. Through average of the data given by the designers, Kinvey found out that such version quality app would require about 18 weeks or 4-5 months. Another survey by Good firm from several high-tech companies show that it takes approximately the same time as recorded in Kinvey survey to make a good application, as claimed by (Ngai & Gunasekaran, 2007 p. With our project taking phases such as : • Research and Planning which involves knowing why we want to develop the product and how to compete in the market. This will automatically take several weeks • Function and Features which involves identifying the tasks we need our application to be able to perform and its general appearance. M.

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