Based on research, the company plans to develop a new product over 4 months with a target market size of $700,000 that should cover expenses and allow for growth. Surveys found customers are willing to pay for a system that works, ensuring the company stands out from competition. Additional analysis found that while startup prices of similar products were high, maintenance and support prices exceeded expectations, so the company has set reasonable prices for their new product based on quality.

1. Technology Entrepreneurship

2. Massive Inventions
 Based on our research, development will go
as planned
 Target market size of about $700.000 is
sufficient to cover our expenses if we do the
job right, as well as to insure the company
growth
 Implementation will take 4 months in average,
and extra income will be generated through
support systems
 Survey has showed that customers are more
than willing to pay for the system that works,
which will ensure our standing out in the vast
sea of competition

3. System screenshot

4. Company analysis
 Surveys exposed that the main problem
about ERP systems were prices
 Startup price was high compared to
what ERP system offered
 Startup price was low, but the
maintenance price exceeded
expectations
 Support price was high

5. Conclusion
 With all the current data, we have set
reasonable prices of our product which
corelate with its quality