Ready Management Solutions | Application Preview
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General Information
Business Registration Number: Ready Management Solutions
Location: NEW VIRGINIA, IA, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: $100k to $250k
Annual Gross Expense: $250k to $500k
Open to Loans: YES
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Funding Usage
support cashflow. for example, we hire a consultant who requires 1 month training then works for a customer for 1 month before we can submit and invoice that is paid on 30 day terms.
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Business Plan
Sell consulting services that provide ROI to new and existing customers. We currently have 5 customers. Based on our network and healthy pipeline, we are planning to secure 10 new customers and expand our existing customers in 2024. Typical gross margin is 30-40%. As we add consultants, our SG&A will decrease as a percentage of our total costs. Therefore, our EBIT will increase each year we are in business. We have a proven track record of building consulting companies for more than a decade. Our focus is on delivering exceptional value for our customers. Our team has 10-20 years of experience. We work on behalf of our customers who are typically embarking on a strategic initiatives which often involves software upgrade/replacement. We are software agnostic and can work acrosss the business (e.g. Finance, HR, Supply Chain, Merchdising, Ecommerce) and IT departments.
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Self Identified Competition
The main competitors are mid sized consulting companies Logic, Columbus, OLR, and BTM. We also compete with Tier-1 consultanies; Accenture, IBM, Deloitte, Wipro, and Infosys. Our model addresses the current and foreseeable market demand (e.g. automation, digital, strategy, AI). We are easy to work with and focus on long term partnerships. We are employee owned, which allows us to provide flexibility and less admin/bureaucracy. The business case and ROI standout due to our talent and ability to deliver quickly.
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