Costs
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The document outlines several cost structures for an IT startup including having an in-house IT department, renting a web server to store new database information, renting an office space that includes internet access and guidance, paying co-founders salaries starting in year 3, costs associated with renting delivery vans like rent and gas or outsourcing distribution, paying a laundry service to clean customer clothing, and potentially hiring part-time employees to handle distribution if it is not outsourced.
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Costs
- 2. IT department We need to have a permanent IT department so that our app keeps running smoothly Web-Server There will be new information flowing to our database, meaning that we’ll need a server to storage it Office and Co-Founders Our team will be renting an office in a incubator such as Fábrica de Startups, where we pay a fee to have access to Internet and professional guidance Until year 3 our co-founders will not receive salary but from that year onwards they will.
- 3. Transportation Costs We will rent vans to pick up and delivery and consequently we’ll face costs with the renting and with gas. However, we are considering to completely outsource the distribution process. Laundry For each piece of clothing that a customer delivers, we will have to pay to a laundry service in order to get it cleaned. Part-time Employees If we choose not to outsource the distribution process we’ll have to hire employees in a part-time regime so that they handle the process
Editor's Notes
- Of course that all of our deparments are importante, since we are a team. In the marketing department, the biggest concern may be the brand awareness. Since it will lead to more consumers – attract and convert clients are the first priority. Nevertheless, the brand must be worked and all of its characteristics. Customer and Quality will be highly correlated with Marketing department too, since it will take care of all the suggestions/complains/discovers – some of their activities will be aligned in order to research the market. Finance must be always be accurate and details will be critical – growth % will be all departments goals. In this face a cost reduction, by never forgetting the sources and asset’s management. As you imagine, the logistic department will be highly corrlated with the processes (strong algnement with the IT activities). This department will seek for smooth system, where reliability of operations will rule.
- Of course that all of our deparments are importante, since we are a team. In the marketing department, the biggest concern may be the brand awareness. Since it will lead to more consumers – attract and convert clients are the first priority. Nevertheless, the brand must be worked and all of its characteristics. Customer and Quality will be highly correlated with Marketing department too, since it will take care of all the suggestions/complains/discovers – some of their activities will be aligned in order to research the market. Finance must be always be accurate and details will be critical – growth % will be all departments goals. In this face a cost reduction, by never forgetting the sources and asset’s management. As you imagine, the logistic department will be highly corrlated with the processes (strong algnement with the IT activities). This department will seek for smooth system, where reliability of operations will rule.