Zinglix Business Plan

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Zinglix business plan. For anyone interested in investing in Zinglix.

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Zinglix Business Plan

  1. Zinglix - Online billing for professionals
  2. What is Zinglix? <ul><li>Online billing/invoicing application with a community touch for the professionals. </li></ul><ul><li>Clients pay via payment processors providers support. </li></ul><ul><li>Clients provide feedback about the providers. </li></ul><ul><li>Professionals provide feedback about clients. </li></ul><ul><li>API to allow deep intergration with provider's web site. ( Also a WordPress plugin) </li></ul>
  3. Why use Zinglix? Professionals <ul><li>Know your customer before you start work. </li></ul><ul><li>Track your receivables and income in one place. </li></ul><ul><li>Help other professionals to identify good clients. </li></ul><ul><li>Help other professionals avoid debtors/bad customers. </li></ul><ul><li>Deep intergration with existing site. </li></ul>
  4. Why use Zinglix? Clients <ul><li>Know your provider before you outsource work. </li></ul><ul><li>Help other clients find trust worthy providers. </li></ul><ul><li>Get better deals with your good history. </li></ul><ul><li>Help other clients avoid providers that run away with money (if pre-paying). </li></ul>
  5. Are there similar products? <ul><li>All of the billing applications in the market do not have a community touch. (Sharing of information). </li></ul><ul><li>None of the billing applications provide deep intergration with your site. </li></ul><ul><li>None of the sites that help clients meet professionals provide flexible billing. Neither do they allow providers to aggregate their clients or projects. </li></ul>
  6. The market <ul><li>Freelance web developers, graphic designers, software developers, etc </li></ul><ul><li>Small design shops </li></ul><ul><li>Any professional who e-mails bills/invoices </li></ul>
  7. The Team <ul><li>S H Mohanjith (Chairman/Director, CTO) </li></ul><ul><ul><li>Software developer </li></ul></ul><ul><ul><li>Open source enthusiast (Built MOHA Chat and many more ) </li></ul></ul><ul><ul><li>Freelance web developer </li></ul></ul><ul><ul><li>International Olympiad in Informatics (IOI) contestant </li></ul></ul>
  8. What do we have <ul><li>Great idea </li></ul><ul><li>Company incorporated in England and Wales as a private limited company (Zinglix Limited) </li></ul><ul><li>Web site (http://zinglix.com) </li></ul><ul><li>Basic product. Adding community features. </li></ul><ul><li>Dedication and skills </li></ul>
  9. What's needed? <ul><li>Mentoring </li></ul><ul><li>Seed funds (USD 6k, spread in three months. USD 2k per month) </li></ul>
  10. Is it going to fly? <ul><li>Costs (per month) USD 1700 </li></ul><ul><ul><li>USD 200 in fixed running/admin costs </li></ul></ul><ul><ul><li>USD 200 in hosting costs (Can support upto 200 requests/per second) </li></ul></ul><ul><ul><li>USD 1000 for salaries (Web developer and customer service representative) </li></ul></ul><ul><ul><li>USD 300 for advertising </li></ul></ul>
  11. Is it going to fly? ...cont <ul><li>Revenue </li></ul><ul><ul><li>Minumum per provider spending per month USD 1 </li></ul></ul><ul><ul><li>Maximum per provider spending per month USD 20 </li></ul></ul>
  12. Is it going to fly? ... cont <ul><li>Reach* </li></ul><ul><ul><li>1 st month – ~1000 providers with $ 1 spending </li></ul></ul><ul><ul><li>2 nd month – ~10 providers with $ 20 spending, ~100 providers with $ 10 spending, ~ 1500 providers with $ 1 spending </li></ul></ul><ul><ul><li>3 rd month - ~80 providers with $ 20 spending, ~300 providers with $10 spending, ~ 3 000 providers with $1 spending </li></ul></ul><ul><li>* Projections are based on Poll-n-Ping! (http://mohanjith.net/pnp/) registrations. Poll-n-Ping! was not actively marketed but a free product. It had surpassed the number of providers with $ 1 spending at given intervals. </li></ul>
  13. Are you interested in investing? <ul><li>You will receive 20% equity (negotiable) </li></ul><ul><li>Contact </li></ul><ul><ul><li>Phone: (+44) 020 3287 3366 </li></ul></ul><ul><ul><li>E-mail: invest@zinglix.com </li></ul></ul><ul><ul><li>Web: http://zinglix.com/ </li></ul></ul>

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